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WE TURN - The Spectrum Magazine - Redwood City's Monthly ...

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Cañada Opens New Housing for Employees<br />

Fifty-four staff members from the three San Mateo<br />

County community colleges were able to move<br />

into some of the 60 new apartments built on the<br />

Cañada College campus in <strong>Redwood</strong> City, part of a<br />

plan to offer affordable housing to those working<br />

for the district.<br />

It’s been four years since about 40 apartments<br />

at the College of San Mateo were opened for faculty<br />

at below-market value and the district debuted 60<br />

more units only hours before the new residents<br />

were allowed to move in. Cañada Vista is the district’s<br />

second attempt to offer affordable housing to its<br />

employees after demand far outweighed the first<br />

offerings of homes. District officials hope to retain<br />

faculty by offering housing, possibly poising the<br />

individuals to buy in the area down the road.<br />

“This provides the opportunity for staff to have<br />

affordable housing near their work,” said Ron<br />

Galatolo, chancellor for the San Mateo County<br />

Community College District. “<strong>The</strong>re are 60<br />

more one-, two- and three-bedroom units at an<br />

affordable price so people can save to buy their<br />

own house. It’s extremely expensive to live here.”<br />

<strong>The</strong> units range in size from 800 square feet<br />

to 1,300 square feet, with costs ranging from<br />

$950 per month to $1,300 for the largest threebedroom<br />

unit, said district spokeswoman Barbara<br />

Christensen. <strong>The</strong> $12 million project was funded<br />

using special financing, similar to a mortgage,<br />

which will be repaid by the rent generated. <strong>The</strong><br />

same funding mechanism was used to build the<br />

College Vista site in San Mateo with plans to pay<br />

over 30 years. Christensen added that the project<br />

is not expected to be paid off much sooner.<br />

Overlooking the Bay Area, the development<br />

offers units with balconies, some with garages<br />

and nearly all with a lovely view. <strong>The</strong> club house<br />

was decorated by an on-campus interior design class.<br />

Karen Schwarz, district trustee and president<br />

of the San Mateo County Colleges Educational<br />

Housing Corporation Board, explained the need<br />

for housing became part of the conversation years<br />

ago when high cost of living began preventing<br />

the district from hiring and retaining employees.<br />

After the San Mateo housing development was<br />

opened, the district quickly filled the spots and<br />

realized a waiting list of more than 100 people<br />

meant the need was not being met, leading to the<br />

second development.<br />

Residents of the San Mateo location have<br />

welcomed eight babies in four years. More importantly,<br />

12 people were able to buy homes locally from the money<br />

saved, said Schwarz.<br />

<strong>The</strong> original development meant 59 percent of<br />

people were able to walk to work, saving 153,000<br />

commute miles annually, she said.<br />

Residents for the new housing were chosen off<br />

the waiting list that had been previously created.<br />

<strong>The</strong>re was a formula for choosing individuals<br />

that included having a makeup of faculty and<br />

staff equal to that of the district, explained<br />

Christensen. Six units have not yet been filled,<br />

leaving possible openings for new staff.<br />

Editor’s note: This article appeared first in the Daily Journal<br />

newspaper.<br />

People tour a unit at the Cañada Vista housing development<br />

on the Cañada College campus in <strong>Redwood</strong> City.<br />

<strong>The</strong> <strong>Spectrum</strong> 7

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