San Diego Unified school board member and county supervisor candidate Shelia Jackson lost her home to foreclosure in 2007, she confirmed in an interview Thursday.
Jackson owed $15,336.86 in past due payments on the home, 4949 Deaton Drive, when she received a notice of default in June 2007, records show. Five months later, her lender repossessed the home.
Jackson purchased the property for $255,000 in July 2002. She then refinanced the property four times over the next four years, the last for $467,500 in November 2006.
Jackson said she “did not have the finances to keep the property” after the state cut funding for her teaching and administrative position with a math program. She said she couldn’t find another local job to supplement her district stipend (the school board is a part-time job that pays $1,500 a month) and Navy pension.
“I decided to sacrifice and refinance my home to keep myself afloat,” Jackson said.
On a flyer supporting her county candidacy, she cites her oversight of the district’s $1.2 billion budget and $2.1 billion in facility renovations as one of her accomplishments.