School districts are wading into real estate to attract and retain teachers who are being priced out of the communities in which they work. The Jefferson Union High School District south of San Francisco opened 122 affordable units in May.
It was once an impossible dream in an exorbitantly priced region hostile to new housing. But her employer, a 4,000-student school district south of San Francisco, was the rare success story in the struggle to provide affordable housing and in May, it opened 122 apartments for teachers and staff.
In West Virginia, the American Federation of Teachers recently helped open a building with apartments for teachers and retail shops that officials hope will revitalize the rural town of Welch. Aerial drone footage of the new apartment complex for Jefferson Union High School District employees. Tenants at the school district complex can stay up to five years, hopefully using the time to save up for a down payment on a house.found that only 20% of homes for sale across major U.S. metro areas were affordable on an average teacher’s salary of $62,800, down from 34% in 2012.
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