Home Buying Assistance for Educators

Amidst the rising tension between teachers and the districts that they serve, there are a number of districts across the country attempting to bridge the gap between teachers and affordable housing. From Miami to San Francisco, and many districts in between, the rising costs of rent and housing rates are far above a level for teachers and administrators to afford.

This gap causes educators to either commit to an extensive commute or find employment where they are able to afford to live. This leads to understaffing and larger class sizes, making it more difficult for the teachers that are able to remain in these higher priced areas.

A number of new proposals for a change in legislation are in progress to offer lower interest rates or down payment assistance. There are also partnerships being forged with housing developers to create apartments and teaching communities to alleviate these issues.

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What do you think ET Community? Which of the proposed plans mentioned in the article do you feel would be the most beneficial?