Town School

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History of Shared Appreciation Homebuying Programs at Independent Schools

In the late-1990s, the leadership at Lick-Wilmerding High School in San Francisco sought to get ahead of the curve of the housing crunch during the first dot-com boom that was making it increasingly difficult for their faculty to afford housing.…

teacher housing, landed, bay area, Independent Schools, Private Schools, SAM, Shared Appreciation Mortgage, School Finance, Town School, Menlo School, Lick-Wilmerding, Al Adams, Brewster Ely, Ian Magruder, history