Panama City

Panama City, FL – CPAR launches “Employer Assisted Housing” program to help workers become homeowners

Panama City, FL –

BAY COUNTY Fla. (WMBB) – If you’re looking to buy a home, you might notice some steep prices, but the Central Panhandle Association of Realtors just launched a program that might help.

Amanda Corbin, President of CPAR, said the employer-assisted housing program helps both businesses and their employees.

“Right now it’s hard to find employees,” Corbin said. “It’s good to have additional benefits for them to attract more employees to the area. It is offered as a benefit just like a 401k.

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She said the hope is that the program will make it easier for businesses to find workers, reduce employee travel and get more people to buy homes in the area.

Corbin said certified real estate agents will come to each business and speak to employees about the owner process.

“We want to help people who might have thought they might never own a home to move into a home and have more owners in Bay County and the surrounding five counties we serve,” said Corbin.

Currently in Bay County, 70 percent of the people are renters and 30 percent are homeowners. Bay County Chamber of Commerce chairman Christopher Moore said the program could help change those numbers and lead to a better bay.

“This employee assistant housing is really going to be a key part, I think, in raising and lowering that percentage from 70/30,” Moore said.

Moore said many businesses need employees. He said this program will create higher employee productivity, which will ultimately help the entire region.

“As a member of the chamber, we are delighted to partner with CPAR and ensure that we are doing everything we can for our employees and potential employees,” said Moore.

All businesses are eligible for this program. Applications are now open on CPAR website.

CPAR launches “Employer Assisted Housing” program to help workers become homeowners Source link CPAR launches “Employer Assisted Housing” program to help workers become homeowners

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