How Developers are Helping Teachers Find Affordable Housing
“According to the National Education Association, teacher salaries from the 2018-19 school year are down 4.5 percent compared to salaries from the 2009-10 school year, when adjusting for inflating. Over that same time period, the Case-Shiller National Home Price Index has risen by 43.1 percent.
This means many teachers have been forced to leave their school communities—particularly in high-cost metro areas like San Francisco and New York City—or to leave the profession altogether. ”
https://www.curbed.com/2019/5/7/18535284/affordable-housing-teachers-landed-village
Check Out More Affordable Housing News
About the Author
Jeff Carroll is a trusted leader in workforce and affordable housing who has spent his career building communities that balance efficiency, affordability, and long term stability. He leads Allen & Associates Consulting and helped launch the Workforce Housing Development Corporation, guiding projects that use innovative construction methods and mission aligned financing. With thousands of consulting assignments completed nationwide and degrees from Clemson and Harvard, Jeff brings deep technical insight and steady strategic vision to every project he supports.
This post highlights the grand opening of Buchanan’s Crossing, a fully accessible mixed income community serving veterans and seniors in Kansas City, Kansas. Project sponsors, city leaders, lenders, investors, future residents, and the construction team gathered to celebrate the completion of the first phase. The development will ultimately include forty two and three bedroom duplex units and required a major off site sanitary sewer improvement, including a one hundred forty four foot bridge that supports utilities for the project and future growth in the area. Jeff Carroll and Bob Hughes addressed attendees before the ribbon cutting and walk through, marking an important milestone for the community.