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Companies offer cash to help workers buy homes

Home with "For Rent" sign
Lindsay Lazarski/WHYY

Kaylee Swanson is about to become a homeowner.

It's at least a year ahead of schedule for the 27-year-old and her boyfriend, "We're kind of just tired of paying rent, and wanted something to call our own," Swanson explains after an early evening run near her soon-to-be neighborhood.

And it would've been tough to pass up the three-bedroom brick townhouse in a leafy neighborhood that's quiet – but not too quiet – and close to the Rail Trail, where Swanson can run and walk their beagle.

Student debt, stagnant wages and tight credit have delayed many millennials' entry into the housing market, but Swanson had some help from her employer.

Read a full version of this report at the website of Keystone Crossroads, a new statewide public media initiative reporting on the challenges facing Pennsylvania's cities. WPSU is a participating station.

 

Emily Previti is WITF's reporter for Keystone Crossroads, a statewide public media collaboration focused on issues facing Pennsylvania's cities.
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