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School District Adding to Teacher Housing Supply

SANTA CLARA, CA-Having found it significantly reduces the fleeing of young teachers to more affordable communities, the school district here will break ground for an additional 30 units.

By Brian K. Miller | Updated on May 21, 2008

SANTA CLARA, CA- The Santa Clara Unified School District says it will develop additional affordable housing for teachers this year after finding that its first project — the first faculty housing community built for a public school district in the state — has reduced the number of teachers leaving the district for more affordable communities. District officials said this week they will break ground on June 4 for a 30-unit project at 3455 Lochivar Ave. that is expected to cost several million dollars to complete.

The workforce housing project is called Casa del Maestro, maestro being the Spanish word for teacher. The first phase, a $6-million, 40-unit building was completed in 2002. The District structured a tax-exempt financing instrument that allowed the project to be built and operated at no cost to taxpayers while maximizing the affordability of the units for teachers.

In the five years prior to its completion, high housing costs in the area helped increase the attrition rate of teachers in the District by 300%. In the five years after the first phase of Casa del Maestro was completed, the attrition rate for young teachers living in the district has been less than one-third of that for the District’s teachers with similar tenure not receiving this benefit, according to the District. Additional study results have shown that the reduced rental rates also have helped residents save enough money to buy homes in the area with the aid of the District’s Teacher Mortgage Assistance Program.

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