{"id":102865,"date":"2019-09-10T10:15:36","date_gmt":"2019-09-10T20:15:36","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=102865"},"modified":"2019-09-10T10:15:36","modified_gmt":"2019-09-10T20:15:36","slug":"homebuying-support-program","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2019\/09\/10\/homebuying-support-program\/","title":{"rendered":"Homebuying support program expands to UH<\/abbr> employees"},"content":{"rendered":"Reading time: <\/span> 2<\/span> minutes<\/span><\/span>

\"Student<\/p>\n

The University of Â鶹´«Ã½<\/span> announced on September 10, a new down payment assistance program with Landed<\/a> to aimed at helping UH<\/abbr> faculty and staff buy homes in Â鶹´«Ã½<\/span>. The down payment assistance and homebuyer education partnership with Landed, which previously introduced the program to the Â鶹´«Ã½<\/span> Department of Education, provides half of the down payment on a home up to $120,000 per family, in exchange for a portion of the change in the value when the home is sold.<\/p>\n

Landed\u2019s down payment support will be available to all UH<\/abbr> employees who have worked for any part of the University of Â鶹´«Ã½<\/span> system for at least two years. <\/p>\n

“As the cost of housing in Â鶹´«Ã½<\/span> continues to rise, too many of our faculty and staff are finding it harder to afford homes,” said UH<\/abbr> President David Lassner<\/strong>. “We believe Landed will be a valuable option to help some of our employees to live in the communities that they serve.” <\/p>\n

Landed\u2019s work in Â鶹´«Ã½<\/span> launched in May for K–12 educators as part of the Â鶹´«Ã½<\/span> Executive Conference adopting the Â鶹´«Ã½<\/span> Community Foundation\u2019s CHANGE Framework, a commitment to collaborate to help address some of Â鶹´«Ã½<\/span>\u2019s most pressing issues. So far, three Â鶹´«Ã½<\/span> educators have already purchased homes with Landed\u2019s down payment support, and more than 600 interested K–12 educators in Â鶹´«Ã½<\/span> have attended Landed informational events or reached out online.<\/p>\n

Since its founding in 2015, Landed has already helped more than 200 educators purchase homes in the San Francisco Bay Area, Los Angeles, Denver and Seattle. The Chan Zuckerberg Initiative, which helped connect Landed with community partners in Â鶹´«Ã½<\/span>, is an investor in Landed\u2019s housing funds.<\/p>\n

“We are thrilled to expand Landed\u2019s homebuying resources to higher education in Â鶹´«Ã½<\/span> and look forward to connecting directly with faculty, staff, and their families,” said Landed Co-Founder Alex Lofton. “As the son of a school teacher and a social worker in the Seattle area, I know firsthand the struggles that many families go through to build financial security in expensive communities. Landed hopes to be a support system to help all educators and staff feel more secure in their financial future.”<\/p>\n

Interested homebuyers can use this program in conjunction with a mortgage from any of Landed\u2019s partner lenders: First Hawaiian Bank, Bank of Hawaii, American Savings Bank, and Central Pacific Bank. <\/p>\n

Interested employees can get more information and apply at landed.com.<\/p>\n

A series of informational sessions for faculty and staff to learn more about the program will be held the week of October 7. Interested educators can RSVP<\/abbr> for the info sessions<\/a>.<\/p>\n

Times and locations<\/h2>\n

Monday, October 7: Oʻahu<\/span><\/strong><\/p>\n

    \n
  • 9–10 a.m.—Honolulu Community College<\/li>\n
  • 12–1 p.m.—Leeward Community College<\/li>\n
  • 4:30–5:30 p.m.—University of Â鶹´«Ã½<\/span>–West Oʻahu<\/span><\/li>\n<\/ul>\n

    Tuesday, October 8: Oʻahu<\/span><\/strong><\/p>\n

      \n
    • 12–1 p.m.—Kapiʻolani<\/span> Community College<\/li>\n
    • 4:30–5:30 p.m.Windward Community College<\/li>\n
    • 4:30–5:30 p.m.—University of Â鶹´«Ã½<\/span> at M\u0101noa<\/li>\n<\/ul>\n

      Wednesday, October 9: Maui<\/strong><\/p>\n

        \n
      • 4:30–5:30 p.m.—University of Â鶹´«Ã½<\/span> Maui College<\/li>\n<\/ul>\n

        Thursday, October 10: Â鶹´«Ã½<\/span> Island<\/strong><\/p>\n

          \n
        • 12–1 p.m.—Â鶹´«Ã½<\/span> Community College<\/li>\n
        • 4:30–5:30 p.m.—University of Â鶹´«Ã½<\/span> at Hilo<\/li>\n<\/ul>\n

          Friday, October 11: Kauaʻi<\/span><\/strong><\/p>\n

            \n
          • 4:30–5:30 p.m.—Kauaʻi<\/span> Community College<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

            The University of Â鶹´«Ã½<\/span> announces a new down payment assistance program with Landed to aimed at helping UH<\/abbr> faculty and staff buy homes in Â鶹´«Ã½<\/span>.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1193],"tags":[691,61,62,63,64,65,71,14,9,60,947,59,66],"class_list":["post-102865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-administrative","tag-administration","tag-hawaii-community-college","tag-honolulu-community-college","tag-kapiolani-community-college","tag-kauai-community-college","tag-leeward-community-college","tag-uh-community-colleges","tag-uh-hilo","tag-uh-manoa","tag-maui-college","tag-uh-system","tag-uh-west-oahu","tag-windward-community-college","entry","has-media"],"aioseo_notices":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/102865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/comments?post=102865"}],"version-history":[{"count":8,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/102865\/revisions"}],"predecessor-version":[{"id":102884,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/posts\/102865\/revisions\/102884"}],"wp:attachment":[{"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/media?parent=102865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/categories?post=102865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hawaii.edu\/news\/wp-json\/wp\/v2\/tags?post=102865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}