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Live Incentives for Home Buyers

Incentives for Home Buyers

Greater Circle Living

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.

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BUY

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 and part-time employees of eligible nonprofit institutions in Greater University Circle. Loans are forgiven if the employee continues to work for a participating Greater University Circle institution (see your employer for specific eligibility requirements) and continues to occupy the residence for five years after the loan closes.

Eligible Employees of Case Western Reserve University, Cleveland Clinic, and University Hospitals may be eligible for an additional $20,000 forgivable loan for down payment and/or closing costs for the purchase of an owner-occupied home, and/or one month's rental payment for executing a one year lease in an approved rental unit in Greater University Circle.

Eligible Employees of Cleveland Museum of Art may be eligible for an additional $15,000 forgivable loan for down payment and/or closing costs for the purchase of an owner-occupied home, and/or one month's rental payment for executing a one year lease in an approved rental unit in Greater University Circle.

Eligible Employees of Judson at University Circle may be eligible for an additional $5,000 forgivable loan for down paymentand/or closing costs for the purchase of an owner-occupied home in Greater University Circle.

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RENT

Greater Circle Living offers a one month rental payment of up to $1,400 for employees who execute a one year lease in an approved rental unit. Open to eligible employees of Case Western Reserve University, Cleveland Clinic, Cleveland Museum of Art, and University Hospitals.

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REHAB

GCL provides up to $8,000 in matching funds for exterior renovations for employees who live in the district and are owner occupants. Employees must contribute a 25% match of the requested funds.

Open to eligible employees of Case Western Reserve University, Cleveland Clinic, Cleveland Museum of Art, and University Hospitals. For complete program rules, participating employers, and eligibility requirements, click here.

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LIST OF ELIGIBLE EMPLOYERS

University Circle Inc
4 Real Church
Fairfax Renaissance Development Corp.
Africa House International
Alta Social Settlement (Alta House)
American Heart Association
American Sickle Cell Anemia Association
Antioch Chapel Baptist Church
Arca Inc.
Art Therapy Studio
Artist Archives of the Western Reserve
Ashbury Community Services
Benjamin Rose Institute on Aging
Bioenterprise Corp
Buckeye Area Development Corporation
Case Western Reserve University
Children's Museum of Cleveland
Church of Jesus Christ of Latter-Day Saints=
The Church of the Covenant
Citizens Leadership Academy
Cleveland Botanical Gardens
Cleveland Clinic
Cleveland Friends Meeting
Cleveland Hearing & Speech Center
Cleveland Hillel Foundation
Cleveland Institute of Art
Cleveland Institute of Music
Cleveland Museum of Art
Cleveland Museum of Natural History
Cleveland Neighborhood Progress
The Cleveland Orchestra
Cuyahoga Housing Group, Inc.
East Cleveland Township Cemetery Foundation
East Mount Zion Baptist Church
Fairhill Partners
Famicos Foundation
Free Medical Clinic of Greater Cleveland
Gestalt Institute of Cleveland
Hawken School
Hessler Neighborhood Association
Hitchcock Center for Women
Holy Rosary Catholic Church
Judson Manor
Judson Park
Junior League of Cleveland
Karamu House
Liberty Hill Baptist Church
Louis Stokes Veterans Affairs Medical Center
Magnolia Clubhouse
Mash Ministries New Life Center
Maximum Accessible Housing of Ohio
Medical Center Company
Montessori High School at University Circle
Mt. Sinai Health Care Foundation
Mt. Zion Congregational Church
Museum of Contemporary Art (MOCA)
The Music Settlement
New Life Tabernacle
NEON Health Services: Hough & Superior Offices
Olivet Institutional Baptist Church
Open Door Missionary Baptist Church
A Cultural Exchange
Orca House
Pentecostal Church of Christ
Ronald McDonald House of Cleveland
Saint Lukes Foundation of Cleveland
Shaker Square Area Development Corporation
The Sculpture Center
The Temple-Tifereth Israel
United Cerebral Palsy of Greater Cleveland
University Circle United Methodist Church
University Hospitals
Lakeview Cemetery
Western Reserve Historical Society

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