The California School Boards Association (CSBA) is partnering with DCG Strategies to expand its portfolio of services with Property Planning Solutions, a real estate services product available to local educational agencies (LEAs) statewide. With a membership of nearly 1,000 LEAs, impacting more than 6 million school-age children throughout California, CSBA represents elected officials who govern
One of California’s most recent bills has been given the green light to boost teacher housing projects in the state. Workforce housing has previously been excluded from low-income housing tax credits due to strict equal housing laws, but AB 3308 loosens those restrictions for developments built on school district-owned land. The bill, which received bipartisan
Officials in California recently announced a $54 billion deficit due to the economic impact of COVID-19. The mandated shutdown of many businesses has taken a huge toll on the state’s ability to generate funds, and additional costs from pandemic-related programs have further depleted reserves. Though California started the year with a large surplus of funds,
Public school enrollment in California is gradually declining, leaving school districts with financial woes as well as underutilized buildings and land. However, selling school property requires a committee process and approvals, in part to protect taxpayer dollars and the needs of the community. Regardless of the process, the inefficiency of maintaining underused property during a
When it comes to the real estate needs of school districts in California, there is no time to wait. Every part of the process — whether a school is buying, selling or redeveloping — takes time, especially in the Bay Area with its tight real estate market and layers of state and local regulations. The
Just as growing students should go to the doctor each year for a checkup, it’s important that districts keep tabs on their school real estate assets to catch potential problems before they get worse, as many commercial real estate companies in the Bay Area will tell you. Healthy financial upkeep includes checking property title reports
School districts might soon have an easier time building workforce housing for teachers under a new measure introduced in the California State Assembly. The legislation, Assembly Bill 1648, aims to shorten the delays teacher housing projects can face during the environmental review process and is a big step forward in addressing the state’s housing shortage
A new study shows that California’s housing crisis is indeed getting worse. 53% of Californians say they are considering moving out of state because of the high cost of living, up 4% from last year. The number is even higher for millennials; 63% are now at risk of leaving. These statistics don’t bode well for