Home Energy Renovations for Employees
Up to $6,000 for home energy improvements
Many employers in metropolitan Chicago have experienced the benefits of investing in employer-assisted housing (EAH), through which they assist their employees to buy or rent homes near work. Empllyer benefits include improved company morale, increased productivity, and reduced turnover – as well as related cost savings and potential tax credits.
The region’s new home renovation intiative builds on EAH by allowing employers to help their employees make energy-efficient and cost-saving home improvements. An employer’s contribution up to $3,000 can be matched, to leverage a total of $6,000 for an employee.