Charter One event offers insights on foreclosures
by Glenn Reedus
More than 60 south suburban employers and local officials gathered recently for a Charter One Workforce Housing Initiative convening in Olympia Fields, to discuss ways local employers can contribute to stable homeownership and redevelopment in the south suburbs.
Since 2007, MPC has partnered with the Charter One Workforce Housing Initiative to engage employers across metropolitan Chicago in collaborating with local communities to develop housing solutions for local workers. “Charter One knows how valuable homeownership is to families and communities, and we are proud to support this important initiative in conjunction with our own homeownership program that has provided assistance to Chicago-area employees since 2004,” said Scott C. Swanson, president, Charter One, Illinois. Swanson added that Charter One’s employer-assisted housing program has helped 24 employees in the south suburbs and 196 employees across the regions purchase homes.
At the event, Swanson, the Charter One Workforce Housing Initiative, MPC and our partners celebrated another success: CVS Caremark, the largest pharmacy health care provider in the United States, took the opportunity to announce the expansion of its employee homeownership program, Prescriptions for Homeownership, to the south suburbs.
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