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University Hills, Irvine
From Wikipedia, the free encyclopedia
University Hills is a housing development on the campus of the University of California, Irvine (UCI) in southern Irvine, California, United States, consisting of 1226 for-sale homes and 384 rental units.[1] University Hills was developed by the Irvine Campus Housing Authority, a not-for-profit corporation under the control of the university. UC Irvine developed the area as "a way to compensate for high Orange County housing costs that can keep a recruit from accepting a job at the university."[2]
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The land in University Hills is owned by the University of California and leased to homeowners; terms in the lease limit home ownership to university employees and restrict resale prices so that the homes remain affordable.[3][4][5][6][7] Approximately 2/3 of the UCI faculty live in this neighborhood.[2]