Featured Image Lede The University provides homeownership programs and resources to assist eligible faculty and staff with the purchase of residences close to campus. Princeton Faculty Residential Purchase Plan The Princeton Faculty Residential Purchase Plan (PFRPP) enables eligible faculty and staff to purchase homes near campus at a fair-market value-based price directly from Princeton University. Read more about Princeton Faculty Residential Purchase Plan Tenancy-In-Common Program Through the University’s Tenancy-In-Common Program (TIC), eligible faculty and staff may enter into a co-ownership agreement with Princeton to purchase residences within a nine-mile radius of Nassau Hall or within the city of Trenton. Read more about Tenancy-In-Common Program Standard Mortgage Program Through the Standard Mortgage Program (SMP), the University offers favorable mortgage rates and terms to eligible faculty and staff to help members of the campus community purchase homes within a nine-mile radius of Nassau Hall or within the city of Trenton. Read more about Standard Mortgage Program External Lending Options The University is actively working to partner with several local financial institutions that have expressed an interest in providing mortgage-related products and services to the University faculty and staff. Read more about External Lending Options