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The Independentindependent.co.uk

Inside the Bay Area apartment complex built just for teachers as district tries to reduce living costs (opens original article in a new tab)

TL;DR

A newly built $88 million apartment complex in Mountain View, California, designed for teachers and city workers, has a 72% occupancy rate with 25% of units vacant despite below-average rents.

  • New $88 million apartment complex in Mountain View, CA, built for teachers and city workers, has 72% occupancy rate with 25% vacancies
  • Rents at complex are below regional average but 12 one-bedroom units for school district employees remain vacant
  • Eligibility for lowest rents requires income below 80% of area median income, which many local teachers qualify for

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