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Hollywood first casino on the coast to offer housing assistance for employees

"We're very pleased to be able to do this for our employees and hope to see other businesses participate," said General Manager John Chaszar. "It's a great way for private business, non-profit and government programs to work for the betterment of all."

Hollywood applicants must be in good standing; have been employed with the company for at least 2 years and commit to staying with the casino for five additional years.

To qualify, the Hollywood Casino employees must have a household income under 120 percent of the area median income (about $58,800 for a family of four). Employees can begin submitting their applications through Hollywood Casino's human resource department on October 20, 2008.

REACH is a program of the Gulf Coast Renaissance Corporation which will help over 2,000 working families buy homes in the coastal counties. Through REACH qualified workers can receive down payment and closing cost assistance through an employer benefit and a significant matching benefit. REACH Mississippi will triple participating employers' contributions for qualified employees. Employer contributions must be between $5,000 and $10,000 resulting in a total employee benefit of $20,000 to $40,000, respectively.

"This program is designed to help put working families into homes by making homeownership affordable again," said Renaissance CEO Kimberly LaRosa. "The program has far reaching benefits to the economy of the entire region. By giving employers the keys they need to rebuild and prosper, we will all prosper."

Businesses are encouraged to contact the Gulf Coast Renaissance Corporation to participate in the REACH program today. The program is open to employees in Hancock, Harrison and Jackson counties. To find out more, call (228) 896-3386.

Hollywood Casino Bay St. Louis and Hollywood Hotel offer 291 guest rooms, nearly 1,200 new slot machines, 21 unique table games, a 6-table poker room, and a 14-station video poker bar. There are four restaurants including Tuscany Steaks and Seafood, Jackpot Java, the Bridges Grill, and the all new Epic Buffet. Hollywood also features the state's only Arnold Palmer Golf Course ranked among the top ten courses in the state and Top 40 casino courses in the country by Golf Digest magazine.

Gulf Coast Renaissance Corporation is a 501(c)(3) nonprofit founded by the Gulf Coast Business Council following Hurricane Katrina with a mission to facilitate the development of mixed income communities which provide safe, quality, affordable housing for the workforce of the Mississippi Gulf Coast.

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