Our Goal: Livable, Affordable Housing
The foundation for a strong neighborhood begins with livable and affordable housing. Drexel is committed to supporting initiatives and programs that encourage and support home ownership and improvement. From a home purchase assistance program for Drexel employees to workshops for residents on completing energy efficient renovations, Drexel provides substantial support to neighborhood homebuyers directly and through partnerships with local developers.
The Drexel Employee Home Purchase Assistance Program is one of the most extensive of its kind in the nation today. Established to encourage and support home ownership within the neighborhoods around the University City Main Campus, the program offers a $15,000 forgivable loan to employees towards the purchase or renovation of homes within defined borders. Drexel also gives Drexel employees who live in the neighborhood a one-time $5,000 home improvement grant for renovations.