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Portage approves employer-assisted down-payment program with KNHS to help city employees buy locally
Summary
Council authorized a $50,000 city contribution matched by $50,000 from Kalamazoo County to fund an employer-assisted down-payment program administered with Kalamazoo Neighborhood Housing Services; eligibility will target households at or below 120% of area median income.
Portage City Council voted Sept. 23 to approve participation in an employer-assisted housing program run with Kalamazoo Neighborhood Housing Services (KNHS). The city allocated $50,000, to be matched by $50,000 from Kalamazoo County, creating a $100,000 pool to provide down-payment assistance to city employees who meet program criteria.
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