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BOE Approves of MOU Between SSSD and Rural Homes

BOE Approves of MOU Between SSSD and Rural Homes

Superintendent Dr. Celine Wicks provided an update on staff affordable housing at the September 8 Board of Education meeting. She presented a non-binding Memorandum of Understanding (MOU) with Rural Homes, which the Board approved moving forward. This MOU outlines the framework for a potential housing project on district-owned land near Sleeping Giant School.

Key points from the MOU:

  • MOU is non-binding, but provides a path forward for the affordable housing project.

  • 22 total homes planned: mix of 2-, 3-, and 4-bedroom units.

  • 10 homes purchased by SSSD for $5 million to be used as staff rentals.

  • 12 homes sold by Rural Homes through a deed-restricted process, with preference for SSSD staff.

  • All homes deed restricted: must remain affordable, owner-occupied, and limited to modest resale appreciation.

  • Project is in early stages; infrastructure issues (water, sewer, etc.) must be resolved before a binding agreement.

  • Rural Homes aims to begin construction in 2026 with move-ins by late 2027.

Click here to view a copy of the MOU.