Faculty Staff Housing, a division of the Office of the Provost,
provides a variety of programs and information to help eligible
Stanford faculty and staff make the transition into a new home as
smooth as possible.
The Purchase Consultants have moved to the community at 2500 Columbia Street, Unit 116.
Interested parties should stop by or schedule an appointment: email@example.com
(updated February 20, 2018)
Eligible Faculty may register for more than one lottery, however Eligible Faculty who have a reservation
or a contract on a single-family home in one FSH Housing Lottery are no longer eligible to participate in
another FSH Housing Lottery. This does not apply to those who have a reservation or a contract on a
condominium home. (updated November 1, 2016)
Reduced Interest Program - As a result of the University’s long-range planning process, the President and Provost have approved
a change to the Reduced Interest Program (RIP) for faculty and clinician educators effective
June 1, 2018. This change should help address the affordability challenges of first time buyers who
purchase a home within the qualifying area.
The loan amount will increase from $100,000 to $300,000. All of the other terms and conditions of the
loan program will remain the same, including the interest rate of
zero percent. (updated June 1, 2018)
Building Homes and Jobs Act - In September 2017, the Governor signed the Building Homes and Jobs Act approved by the California
legislature, which as of January 1, 2018, imposed a new fee in the amount of $75.00 to be collected by
each county for every real estate instrument required by law to be recorded. This fee is commonly known
as the affordable housing fee.
This fee will now be charged on most of the documents prepared by Faculty Staff Housing related to real
estate transactions requiring recording with the county (e.g. a Home Improvement Project
that requires a Notice of Non-Responsibility, a lease change, etc.). If Faculty Staff Housing records the
documents, the fee will be collected.
(updated February 20, 2018, revised October 3, 2018)