A Middleton retiree is purchasing up to 40 homes in the Nampa area that he intends to raffle off and raise up to $4 million for the troubled school district.
Philip J. Allaire, who moved to Middleton from Rhode Island two years ago to be near grandchildren, said he wanted to do something that would help the district after hearing of its financial problems. The district has a $5.1 million deficit that it asked residents to partially cover with a one-year levy that would raise $4.3 million.
If Allaires homes go quickly enough, he said, the levy may not be necessary.
Allaire, who said he did well in commercial and residential development, retired seven years ago at age 50.
Raffle tickets are $100 a piece. Allaire intends to sell 2,500 tickets per house. After the first house goes to a winner, he will offer the second.
He will cover his own costs and give the rest to Nampa schools, he said.
Allaire is doing the raffle through his nonprofit organization called Enriching Endowments Inc.
The organization is licensed by the Idaho Lottery Commission as a nonprofit group offering a raffle.
The first house up for raffle is 965 square feet with two bedrooms and two baths at 128 Summer Breeze in Nampa.
For information on the raffle, go to https://www.enrichedraffle.org/.