{"id":250448,"date":"2026-04-03T19:24:25","date_gmt":"2026-04-03T19:24:25","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/250448\/"},"modified":"2026-04-03T19:24:25","modified_gmt":"2026-04-03T19:24:25","slug":"oakland-launches-1st-of-its-kind-affordable-housing-project-for-teachers-thanks-to-nonprofit-could-serve-as-national-model","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/250448\/","title":{"rendered":"Oakland launches 1st-of-its-kind affordable housing project for teachers thanks to nonprofit; could serve as national model"},"content":{"rendered":"<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">OAKLAND, Calif. (KGO) &#8212; Oakland is launching a first-of-its-kind teacher housing project that many say could become a model for the rest of the country. It&#8217;s an attempt to allow teachers to live in the communities where they work.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">From the outside, it may look like a typical apartment complex in Oakland, but the tenants set it apart from other places.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;I am a special education teacher at Emerson Elementary. Go Cheetahs! I have been here now for my third year, and I don&#8217;t plan on going anywhere anytime soon,&#8221; Oakland teacher Melanie Turner told the crowd gathered for a ribbon-cutting Thursday at the Idora Building on Claremont Avenue.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Turner is the first teacher to move in. The building was bought to serve as teacher housing. This may be the first time ever in the U.S. that a nonprofit bought a building specifically for teacher housing, says Kya Mungia, CEO of The Oakland Fund, which works on creating public-private partnerships.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">MORE: <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abc7news.com\/post\/san-francisco-developing-15-story-affordable-housing-building-lgbtq-seniors-aging-population-grows\/18330872\/\" rel=\"nofollow noopener\" target=\"_blank\">SF to develop 15-story affordable housing building for LGBTQ+ seniors as aging population grows<\/a><\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;Historically, this is a time when outside investors have swooped in, tried to take advantage of the market, and leave when it gets hard again,&#8221; Mungia said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Oakland Fund purchased the building through its Rooted educator housing program. Mungia says Oakland&#8217;s multi-family residential market is currently depressed. The nonprofit bought the building for $12.6 million, which it explains is half the price it sold for in 2017.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;And this, I think, is an example of Oakland, once again, leading the way. This is a national model,&#8221; said California State Senator Jesse Arreguin (D-Berkeley), who is chair of the Senate Housing Committee.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">He says affordable housing is also about creating stable communities. The Oakland Unified School District (OUSD) estimates that 70% of its teachers can&#8217;t afford to live in Oakland. Finding teachers housing, therefore, will also help with retention.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">MORE: <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abc7news.com\/post\/vta-unveils-san-jose-affordable-housing-development-tamien-station-transit-hub-citys-largest-hubs\/16403923\/\" rel=\"nofollow noopener\" target=\"_blank\">VTA unveils affordable housing development near one of San Jose&#8217;s largest transit hubs<\/a><\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;It makes a difference. It is really central to holding a community together,&#8221; said OUSD Superintendent Denise Saddler.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;To make it a priority to have our teachers physically live in the city of Oakland just increases the city&#8217;s commitment to our young people, our families,&#8221; says East Bay Congresswoman Lateefah Simon (D-Oakland).<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The building in the city&#8217;s Temescal District. A total of 33 units will be available on a first-come, first-served basis &#8212; and at a below-market rent rate. The Oakland Fund hopes to get to 150 units across the city. The group says what makes this project profitable is funding from philanthropy and city. The city of Oakland invested $7.5 million.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;It is also an example of how we can repurpose and rebuild and renovate and use existing housing preservation,&#8221; said Oakland Mayor Barbara Lee. &#8220;This is a win-win-win on so many fronts.&#8221;<\/p>\n<p><a class=\"zZygg UbGlr iFzkS qdXbA hsDdd DbOXS oklLN GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abc7news.com\/abc-news-live-local-watch\/11513295\/\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Now Streaming 24\/7 Click Here\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR WAUrb hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/02\/1770671872_43_11518842_247-NOWSTREAMING_1280x720.png\"\/><\/a><\/p>\n<p>Copyright \u00a9 2026 KGO-TV. All Rights Reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"OAKLAND, Calif. (KGO) &#8212; Oakland is launching a first-of-its-kind teacher housing project that many say could become a&hellip;\n","protected":false},"author":2,"featured_media":250449,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[111477,143,145,144],"class_list":["post-250448","post","type-post","status-publish","format-standard","has-post-thumbnail","category-oakland","tag-111477","tag-oakland","tag-oakland-headlines","tag-oakland-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/250448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=250448"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/250448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/250449"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=250448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=250448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=250448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}