News and Announcements
Live Midtown lives again
Live Midtown, a residential incentive program created in 2011 to encourage Wayne State, Henry Ford Health System and Detroit Medical Center employees to live where they work, has been reinstated for 2012. Last year’s program was so popular that applications were no longer accepted after just seven months.
In 2011, 256 employees from the three Midtown anchor institutions took advantage of the program. That saved them an average of more than 60 hours of annual commuting time – the carbon-reduction equivalent of planting 22,000 trees.
This year’s program offers three taxable incentive options – administered by Midtown Detroit, Inc. – to accommodate those looking to purchase or rent a home, and current Midtown homeowners interested in exterior improvements.
The incentives include a $20,000 forgivable loan toward buying a home; $5,000 in matching funds for home improvement projects; $1,000 for existing renters who renew leases; and $2,500 for new renters the first year, plus $1,000 the second year.
“Live Midtown is a great way for Wayne State’s faculty and staff to live closer to work,” says Ned Staebler, WSU’s vice president for economic development. “We’re committed to being a good neighbor in a great neighborhood.”
The 2012 Live Midtown program kicks off Jan. 25. Visit wayne.edu/livemidtown or contact WSU Human Resources at 577-2017 for more information.