The New York Times reports that New York City will offer housing subsidies up to $14,600 to lure new science, math, and special needs teachers to work in the city’s most challenging schools. This is one of the most aggressive housing incentives in the nation to address the teacher shortage. In order to be eligible, teachers must have two years experience. City officials hope the incentive will lead to the immediate hiring of 100 teachers and eventually help to fill 600 positions currently filled by teachers with improper credentials. Under the agreement with the city’s teachers’ union, the Bloomberg administration would pay $5,000 up front, and then offer a monthly housing stipend of $400 for two years… (Note: This site requires free registration.)