The FHAP program offers two options: shared appreciation and guaranteed loan. For both options, a committee reviews co-borrower’s tenure status, debt/income ratio, household income, household net worth, and number of dependents. These criteria are weighted to favor those with lower household income and net worth and newer tenure-track faculty.  The loan approval rate is high, with only a small number of loans not approved. 

To find out if you’re eligible fill out this application.

For the Landed program, click here.

Click here for more detailed information and here for FAQs.