Greater Circle Living is an employer assisted housing program created to encourage eligible employees of Greater University Circle institutions to live near work.
The Innovative Program was started in 2008 to help employees purchase, rent, or repair homes in Greater University Circle.
Receive a Forgivable Loan up to $30,000.
Greater Circle Living provides forgivable loans of up to $30,000!
All Eligible Non-Profit and VA Hospital (both Full and Part time) Employees working in Greater University Circle Neighborhoods are able to receive a $10,000 Forgivable Loan provided by the Cleveland Foundation.
Certain Employers offer Additional Loan amounts up to $20,000.
Additional Incentives for Purchase, Rental and Exterior Repair are provided by Participating Employers.
Greater Circle Living is a forgivable loan program that aims to enhance the quality of life of employees of eligible institutions by:
⦿ IMPROVING access to affordable housing.
⦿ ASSISTING individuals in wealth building.
⦿ REDUCING commute times and costs.
⦿ OFFERING an opportunity to live and work close to world-class institutions, services and amenities.
Greater Circle Living offers a $10,000 forgivable loan for Down Payment and/or Closing Costs for the Purchase of an Owner-Occupied Home by full-time employees and part time employees with 2 years of service at an Eligible Non-Profit Institution in Greater University Circle.
Other programs are available depending on your employer.