Work Force Housing for Teachers Signed by Governor in California

The California legislature recently passed the Teacher Housing Act of 2016 (SB-1413) and on September 27, 2016, Governor Jerry Brown signed the bill into law. The law aims to create affordable housing for teachers and school district employees by utilizing land owned by school districts for development of income-restricted housing. The law would permit school districts to establish programs that leverage state and federal dollars as well as create public-private partnerships for financing development and preservation. The Senate Floor Analyses notes that federal and state LIHTCs could not be utilized as these units are not offered to the general public. The San Francisco Unified School district owns two undisclosed surplus properties – at least one of which it says will likely be redeveloped for housing under this law. The city reportedly has $2 million in pre-development funds set aside already in hopes for a project to begin during the next fiscal year.