Marin County supervisors voted unanimously on Tuesday to take an initial step toward helping to guarantee rental income for a housing project designed to serve educators and county employees.
Marin County to consider Oak Hill guarantor program Read Post »
Marin Schools Shouldn’t Risk their Future Finances on Oak Hill Housing Project If you care about the future of Marin’s schools and the children they educate, speak up NOW to oppose the efforts of Marin County and its Office of Education to make school districts financial guarantors of the 135-unit
Schools Must Refuse to Guarantee Housing Bonds Read Post »
CST recently reached out to trustees and leadership at Marin County’s K-12 and community college districts to share the urgent letter below alerting them about the latest Oak Hill Workforce Housing proposal, which will make participating school districts responsible for rental property income shortfalls. This imperils schools’ financial future.
Oak Hill Workforce Housing Guarantor Proposal Imperils School Districts’ Future Read Post »
This article, written by Richard Halstead, was published by the Marin Independent Journal on February 17, 2025
An effort to build housing for educators and county workers in Marin has a $17.4 million budget shortfall.
A plan has been floated to close the gap by having the county and school districts guarantee the rental income of the apartments in order to lower the interest rates on bonds to finance the project.
From the Marin IJ: Marin worker housing plan faces budget shortfall Read Post »