The initiative would offer no-interest loans to teachers for home down payments and closing costs. SanAntonio SATX SanAntonioTX Teachers TexasTeachers TexasSchools
San Antonio Councilman Jalen McKee-Rodriguez has proposed a new program to make homeownership more affordable for public schoolteachers.
The program, which offers no-interest loans to teachers for home down payments and closing costs, will help to reduce the financial burden faced by many in the profession, McKee-Rodriguez said in a media statement. The program also will encourage more teachers to live in the city and remain in the profession, the District 2 councilman added.
“At its root, this proposal is about supporting our public schools, teachers and supporting staff,” McKee-Rodriguez said. “As a former public schoolteacher, I understand the personal, financial and physical sacrifices made by those who serve our students.” The plan has garnered support from council members Sukh Kaur, Phyllis Viagran, Adriana Rocha-Garcia and Melissa Cabello-Havrda, who signed off on paperwork to enable its debate. The next step is a hearing of staff recommendations at the next available Governance Committee meeting, according to McKee-Rodriguez's office. The date has yet to be determined.
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