Success and Future of Yale Employee Homebuyer Program In New Haven To Be Announced Thursday

Yale President Richard C. Levin will host a news conference Thursday, Dec. 4, to announce continuation of the Yale Employee Homebuyer Program, which was scheduled to expire the end of this month. Inaugurated in April 1994, the program provides incentive payments of $20,000 over a 10-year period for each Yale employee who purchases and lives in a home in one of several designated New Haven neighborhoods, plus a cash bonus at closing.