West County faculty village will be located in Lakeshore subdivision outside Prescott Valley in project being developed by the Prescott based Fain Signature Group; College says it intends to initially purchase, own and operate ten manufactured homes for the faculty who will rent them “temporarily;” students may occupy the new homes if faculty don’t rent them
The Yavapai Community College Governing Board is anticipated to approve an investment at its May meeting of an estimated $3.4 million to create a village for the West County faculty working at the Prescott Campus and centers on that side of Mingus Mountain. The faculty village will be located in the Lakeshore subdivision just outside Prescott Valley. (See video link by clicking here where Prescott-based executive explains the project.)
According to the information supplied to the Governing Board at its April 11 meeting, the new faculty village will act as “temporary” faculty housing, although “temporary” was not clearly defined in any great detail. (Representative Kuknyo did emphasize there were to be used on a temporary basis by faculty.” The College said that if faculty do not rent the homes, it will open them to students.
The decisions and discussion regarding construction of the village was kept totally secret from Yavapai County residents until the April 11 meeting. The County taxpayers will be paying for it in their annual primary property taxes.
What alternatives, if any, the Governing Board was given by the College rather than investing in a permanent faculty village are unknown as that information remains a carefully guarded secret.
It is also unknown whether the Governing Board considered setting up a rental agreement with the Fain Signature Group that would not have entailed a permanent investment. The Fain Group, for example, is just completing a 329 apartment community in Prescott Valley that could be used for “temporary housing” of Prescott based faculty.
Below is a housing statement contained in the 2022 Community College Master Plan with the photo of the housing project at San Mateo College.