Anaheim Hotels Pioneer Nation’s First Worker Housing Fund
Anaheim hotel employees could be eligible for $100,000 home loan ANAHEIM—Some of Anaheim’s biggest hotels, including those in the Disneyland Resort, are taking an unusual approach to Orange County’s housing affordability crisis: using money collected from tourists to help hotel workers buy homes. The Anaheim Tourism Improvement District has launched what hotel executives believe is the nation’s first industry-funded homebuyer assistance program, offering eligible hotel employees loans of up to $100,000 to buy a home in the city. The initiative, backed by hotels such as Disney’s Grand Californian Hotel & Spa, The Westin Anaheim Resort and JW Marriott, is expected to receive about $3 million annually from fees paid by hotel guests. The fees will fund homebuyer assistance and emergency housing aid. Hotel executives hope the program, which includes emergency rental assistance, will become a…
