Read the full story here Web Link posted Thursday, July 11, 2019, 8:43 AM
Town Square
Facebook housing program helps teachers stay local
Original post made on Jul 11, 2019
Read the full story here Web Link posted Thursday, July 11, 2019, 8:43 AM
Comments (2)
Posted by Mutti
a resident of Menlo Park: Belle Haven
on Jul 11, 2019 at 3:56 pm
a resident of Menlo Park: Belle Haven
on Jul 11, 2019 at 3:56 pm
This is a drop in the bucket. Few teachers make $80K a year in EPA or Belle Haven. And saving $1400 on a $3,000/month apartment still costs too much for most families in EPA/BH. Facebook adds thousands of jobs in this area, and is planning for more. 22 subsidized apartments doesn't help much. Ravenswood District (EPA/BH Schools) has about 400 employees. And the great teachers are leaving for jobs in South Santa Clara County or the East Bay where their commute is shorter. We need a big crash!
Posted by Lynne Bramlett
a resident of Menlo Park: Central Menlo Park
on Jul 14, 2019 at 12:51 pm
Lynne Bramlett is a registered user.
a resident of Menlo Park: Central Menlo Park
on Jul 14, 2019 at 12:51 pm
Lynne Bramlett is a registered user.
Does anyone know why the program now costs Facebook "about $1 million a year, up from the anticipated $430,000." The article quotes Perkins on the matter, but doesn't include the cause.
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