City Announces New $100,000 Down Payment Housing Program for Sworn Police and Fire; Public Safety Report Highlights 1% Decrease in Overall Crime
At the 7th Annual Public Safety Report meeting today, Mayor John Hamilton announced a new $100,000 no-interest down payment assistance program for up to 10 police officers and 10 firefighters as an incentive to live in the city of Bloomington. Commencing immediately, the pilot housing program is the only such program known to exist in the country. After 10 years, participants will realize $100,000 in home equity.