Providing affordable housing for the district employees is a priority of the Board of Education. With the high cost of housing in the City of Alameda and the Bay Area, school districts are struggling to hire and retain excellent employees.
A Request for Qualifications (RFQ) to provide employee housing concepts was issued during the week of March 27, 2017. Two complete responses were received and evaluated by District staff and Economic & Planning Systems. The District retained Economic & Planning Systems in 2016 after a competitive bid process to assist in analyzing the real estate challenges and opportunities of the district. At its June 27, 2017 meeting, the Board approved the selection of Education Housing Partners, an affiliate of Alameda Point Partners (APP), to further explore the feasibility of providing affordable housing to district employees.
Tonight Economic & Planning Systems will present an update on the District’s negotiations with Education Housing Partners. Staff is requesting authorization to sign the Letter of Intent.