FAQ About Faculty Housing
- Who is eligible for faculty housing?
- What types of additional housing assistance programs are available to faculty?
- Can a Faculty member receive both faculty housing and assistance from one of the Housing Assistance Programs?
- How should commitments about housing be stated in recruitment or offer letters?
- What approvals are required to nominate a faculty member for eligibility for housing or one of the Housing Assistance Programs?
- How much will a faculty member receive for the Income Supplement?
- Instead of Faculty Housing or the Housing Supplement, can I give my new recruit additional compensation to be used for outside housing?
Eligibility requires a full-time appointment in the tenure track “at the track” or the suffixed track. Prefix track clinical faculty are not eligible for housing. The eligible categories include Assistant Professor, Associate Professor, and Professor. Recruits from outside of the New York area have priority for faculty housing.
The Provost's Faculty Housing Assistance Programs provide funds to help eligible faculty purchase or rent an apartment or home in the area.
There are three types of assistance offered: Income Supplement, Forgivable Loans, and Shared Appreciation Second Mortgage (SASM). Click on each type of Housing Assistance Program listed to learn more about eligibility and program details.
With the approval of the Department Chair and the Dean’s Office, eligible faculty members may choose either to apply for Columbia University housing or to apply for one of the Housing Assistance Programs. They cannot receive both. If a faculty member refuses appropriate Columbia University housing, then he/she will not be eligible apply for one of the Housing Assistance Programs.
No guarantee of Columbia housing or of the Housing Supplement should be made to any recruit either verbally or in an offer letter. Columbia housing is offered on an "as available basis", and the Housing Supplement is offered upon prior approval by the Department Chair and the Dean’s Office.
All forms for housing can be obtained from the Director of Faculty Housing. For faculty housing, the completed form must be accompanied by a supporting letter from the Department Chair. Included in this letter must be the person’s exact Columbia University title and a statement that the Department will pay for any ancillary charges that are associated with this person receiving Columbia University housing. After the Department Chair signs the appropriate forms or writes a supporting letter, the office of the Executive Vice President must give final approval for Columbia University housing. All completed forms are to be sent to the Director of Faculty Housing, who will then get the final approvals by the office of the Executive Vice President.
To participate in the Income Supplement, Forgivable Loans, or Shared Appreciation Second Mortgage (SASM) programs, faculty must be recommended by their dean. All loans under the Housing Assistance Program (forgivable loans and the shared appreciation second mortage) are subject to the approval of the Provost and University’s Chief Financial Officer. All completed forms are to be sent to the Director of Faculty Housing, who will forward the forms to the appropriate contacts at the Morningside campus.
Review the Income Supplement policy for information on this assistance program, including how much approved faculty members will receive for income supplements.
Please note payments are subject to withholding taxes, but will not be considered in the calculation of University retirement contributions or other University benefits. Payments cease if faculty member ceases to have a full-time affiliation with the University.
Yes, you may add additional compensation to his salary for any length of time that you wish, but you cannot call it a Housing Supplement. The new faculty member may use it in any manner that he/she feels fit. As additional compensation, it will be subject to both fringe and pension.
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