UK Human Resources

Employer Assisted Housing Program (EAHP)

What You Need to Know: 

The University of Kentucky operates an employer assisted housing program for eligible employees. This program provides “forgivable loans” of up to $15,000 to eligible employees for down payment, closing cost, rehabilitation and renovation assistance for the purchase of houses, condominiums, town houses and duplexes in the designated neighborhood revitalization areas. The loans will be secured by a lien on the property. Each participating employee agrees to live in the home purchased through this program for at least five (5) years, after which the lien will be removed.


The following employees are eligible for this program: 1) Regular full-time faculty at the rank of instructor or assistant professor are eligible immediately upon the receiving a contract for the academic year, or 2) Regular full-time staff employees at grade level 46 or below are eligible after completing the 90-day, new employee orientation period.

The normal asset limit for employees to participate in this program is $60,000. These assets include, but are not limited to, real property or equity in real property, stocks, bonds, certificates of deposit, shares in mutual funds, and cash. Assets excluded from this limit include personal vehicles and tax deferred retirement funds [403(b), 401(k), IRAs, and so on]. Employees with assets totaling more than $60,000 may request a waiver from the Executive Vice President for Finance and Administration.


Consult the application instructions to apply. 

Homeowner Education Program Provider

Participation in a homeownership educational program is required for all applicants. The University will contract with one or more of the following: 1) Community Reinvestment Alliance of Lexington Inc. (CRAL); 2) Resources Education & Assistance for Community Housing (REACH); and 3) Community Ventures Corporation for homeowner education program services. 

Approved Lenders

All applicants for the Program must qualify for an institutional mortgage.

Purchase Time Limit

After completing the required Education Program with an approved Homeowner Education Program Provider, the employee will have 120 days to close on a home. Once the lender has established a closing date and the amount of funds needed from the Program, the employee returns the completed application to the Employee Benefits Office. The University will process a check, which will be delivered at the closing.

Information Sessions

Times are available for you to schedule a group or individual presentation. Presentations can be scheduled to best meet your needs. To schedule an Information Session (group or individual), please contact the Employee Benefits Office at (859) 257-9519, option 1.

For additional information, please contact the Employee Benefits Office at (859) 257-9519, option 1.

Homeowner Education Program Providers

The following organizations provide homeowner education programs.

Reach Kentucky

Community Ventures Corporation

Community Reinvestment (e-mail link to request information)