Teachers & Schools

Landed Launches in Monterey

Ian Magruder | 21 Nov 2018

Growing up in Santa Cruz, I fell in love with the Monterey Bay. Long beaches, sandy coves, whale watching, surfing, scuba diving, and so much more make this region a beautiful place that has captured the hearts of many. But as more and more people have discovered the Monterey Bay’s peaceful allure, and as the tech boom from Silicon Valley has pushed commutes further and further south, the Monterey Bay Area has become as unaffordable as the San Francisco Bay Area.

Almost exactly one year ago, Landed announced our launch in Santa Cruz County. Since then, we’ve already helped 10 educator families in Santa Cruz County purchase homes locally with several dozen more in the homebuying process. We’re also proud to have brought on new community partners, including a $1 million investment from the Community Foundation of Santa Cruz County and participation from Bay Federal Credit Union as a local lender.

Building on this success, we are thrilled to announce that we’re expanding to serve the full Monterey Bay by opening Landed's down payment program to three school districts in Monterey County: Monterey Peninsula Unified, North Monterey County, and Pacific Grove.

Any interested employees of these districts can now immediately apply for Landed's down payment program.

As Monterey Peninsula Unified Superintendent PK Diffenbaugh said, “It’s exciting because we want to give our teachers and staff opportunities to be able to get into the housing market here.”

We are also hosting an info session on Monday, November 26 at 4:30 p.m. at the MPUSD Services Center on Canyon Del Rey in Monterey. Interested educators can RSVP here.

Press Coverage in Monterey

KAZU: New Program Helps Educators Buy Homes

KSBW: MPUSD Teacher Housing

Monterey Weekly: Good News

Monterey Herald: Monterey County school districts introduce down payment assistance program for homebuyers

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Teachers & Schools Partnerships Northern California

About the Author

Ian Magruder

Lead for Partnerships and Expansion at Landed. Former campaign organizer, current volunteer leadership development trainer, and forever a seafood lover.