Wilmington targets school staff for forgivable home loans

Why Should Delaware Care?As Wilmington struggles with teacher retention rates and desires to have more resident educators in its schools, the city has created a new initiative to provide forgivable home loans to school staff.

Wilmington is launching an initiative to provide forgivable loans of up to $15,000 to teachers and other school staffers to help them buy their first homes.

The program is part of a larger effort to keep mid-career educators from leaving Wilmington in favor of better paying teaching jobs in neighboring suburbs…

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