Higley School District explores leasing vacant land for multifamily housing revenue

In a recent virtual meeting of the Higley Unified School District (HUSD) Governing Board, members discussed the potential leasing of vacant land for multifamily housing, highlighting both the financial benefits and concerns surrounding property management. The meeting, held on May 30, 2025, focused on strategies to generate revenue for the district, especially in light of two failed bond proposals.

One board member proposed contracting out the management of the land, suggesting that even after accounting for management costs, the district could still see a net benefit of $600,000 from a potential lease valued at $700,000. This approach aims to create a steady income stream rather than selling the land outright for a one-time gain of approximately $7 million. The discussion emphasized the importance of maintaining financial stability while addressing community needs.

Concerns were raised about the district's primary mission of education versus property management. Board member Van Hook expressed hesitation about entering the housing market without comprehensive information on potential projects, particularly regarding whether they would include affordable housing options. The lack of voter authority to lease or sell the land at this time further complicated the decision-making process.

Additionally, the board acknowledged the ongoing costs associated with maintaining the vacant land, which currently requires minimal upkeep but diverts resources from school maintenance. The conversation underscored the district's commitment to exploring diverse revenue sources while remaining responsive to community feedback.

As the board continues to evaluate its options, the discussions reflect a broader trend in educational institutions seeking innovative solutions to financial challenges. The outcome of these deliberations could significantly impact the district's future funding and its ability to enhance educational opportunities for students.