By Evan Brandt
A $10,000 forgivable loan program designed to induce teachers and school district employees to buy homes in the borough has been implemented by the Foundation for Pottstown Education.
The idea was first proposed by school board member Thomas Hylton in July 2015 and Superintendent Stephen Rodriguez acknowledged the launching of the program “has been a long time coming.”
The responsibility for the program was shifted to the non-profit foundation after a legal review found problems with using tax money to benefit a specific class of citizen.
Joe Rusiewicz, executive director of the foundation, made the announcement at the April 24 school board meeting.