Faculty/Staff Housing Program Overview
Cal Poly Pomona is blessed with a location central to the greater Los Angeles area
and an easy commute to the beaches, the mountains, the desert – a vast array of
cultural and recreational amenities, mild winters and one of the most desirable
locations in the country.
While many want to enjoy its climate, the Los Angeles area has also been one of
the nation’s highest priced housing markets and a challenge to new home shoppers.
Many Southern California homeowners enjoy tax benefits and equity growth once the
entry barrier has been broken.
Cal Poly Pomona is committed to recruiting high quality faculty and staff. Housing
assistance programs have sought to provide data regarding relocation and local affordable
community housing to new members coming to the campus. Cal Poly Pomona and the 23-campus
CSU System are researching multiple housing assistance strategies and options to
assist you in your search for a new home.
Existing Programs
In 2004, Cal Poly Pomona Foundation began acquiring existing single-family homes
in a nearby residential neighborhood.
Seventeen homes have been purchased to date – mostly from the Kellogg Polytechnic
Elementary School tract of homes northwest of Innovation Village Research
Park. These detached homes range in size from 1,100 – 1,500 square feet lots
sized at approximately 6,000 square feet. All are single-level with 3 to 4 bedrooms,
originally built in the mid 1950’s. Many have been extensively renovated and all
offer walking-distance convenience to Cal Poly Pomona.
In early 2007 the Foundation began negotiating the acquisition of 34 new townhomes
planned for a summer 2007 offering to eligible employees. These homes are one block
east of Garey Blvd on the north side of Foothill Boulevard & Equation, within
the Claremont School District in northeast Pomona. All of the homes are attached
2-story with 3 bedrooms 1,500 – 1,700 square feet with 2-car attached garages and
a small common area park with an association-style maintenance program and budget.
Ground Lease
All homes currently within the Foundation Housing Program require a long-term ground
lease. The land for the homes is retained by the Foundation and is leased to the
homebuyers in connection with the sale of each home and its underlying improvements
to the homebuyer. The ground lease contains employment and re-sale price restrictions
intended to ensure home affordability to future generations of Cal Poly Pomona employees.
All homes in the program require they be used for primary residence of the homebuyer.