School District Eyes Downtown Tower for Teacher Housing

San Jose schools are eyeing a 22-story downtown condo tower to rent to teachers and staff—part of a bold push to solve the housing crisis for educators in one of the nation’s most expensive regions. Not their first rodeo: they previously eyed a 288-unit complex on Hillsdale Avenue. Chief business officer Seth Reddy says salaries simply can’t keep up with soaring costs. They’ve hired CBRE, who could earn nearly $900K, to evaluate the downtown purchase. Meanwhile, the building’s other tower is slowly selling units—only a few so far. The district’s determined to make housing work for those who serve the kids. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1636016c67b83bbb