SAN FRANCISCO, CA – JUNE 15: A large “rent” banner is posted on the side of an apartment building on June 15, 2012 in San Francisco, California. According to a report by Harvard University’s Joint Center for Housing Studies, the tepid real estate market could see a turnaround with the price of rental properties surging and vacancies dropping from 10.6 percent in 2009 to 9.5 percent last year, the lowest level since 2002. (Photo by Justin Sullivan/Getty Images)
Teachers in San Francisco could soon get housing provided by the city after the San Francisco Unified School District's Board of Education on Tuesday unanimously passed a resolution to approve affordable educator housing.
Under the resolution, the school district would establish procedures for potentially developing as many as 550 units of affordable housing for teachers by 2030.
"The passing of this educator housing resolution will increase our ability to retain the best educators in California and benefit our students for decades to come," said Commissioner Faauuga Moliga, who authored the resolution.
The resolution calls for Superintendent Vincent Matthews to work with staff and the Educator Housing Working Group to look into creative financing models along with the Mayor's Office of Housing and Community Development and use all benefits provided by initiatives approved by voters.
Back in November, San Francisco voters approved Proposition A, which dedicated $20 million in funding for future affordable teacher housing projects. Voters also approved Proposition E, which reduces zoning and approval requirements for affordable housing and educator housing projects.
