An initiative that helps teachers buy a home is expanding to 15 Colorado districts


Landed, a philanthropic for-profit organization, has loaned money to 90 Colorado school district employees for down payments on homes. This funding fills a pressing gap - in Denver, the average home goes for over half a million dollars while the average teacher is paid an annual salary of $57,000. As Landed expands to 14 new Colorado districts, it stands out from similar initiatives for its generous down payment loans and focus on securing teachers permanent housing instead of rental units.

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