Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

old school building

In San Jose, California–recently ranked as the least affordable place in the country to buy a home, where a typical rental goes for $3441, around 50% more than it did six years ago–the local school district now wants to turn some schools into hundreds of housing units for teachers.

“Right now, we’re losing about one in seven classroom teachers every school year, and the No. 1 cited reason for leaving the district is the cost of living,” says Stephen McMahon, deputy superintendent for the San Jose Unified School District.