The vote, by the Berkeley School Board, takes the possibility of revocation of REALM's charter off the table for now.
REALM Middle School has until April to provide a remedy plan for its fiscal issues, or BUSD could vote to revoke its charter.
The agreement could provide relief during a tumultuous year for both institutions.
Instead of building 265 units for seniors, the Pacific School or Religion will lease and sell some of its buildings to meet its mission.
Changes in the local political landscape have prompted two groups to nix a project to build 265 apartments for seniors on Holy Hill.
The Mather LifeWays project proposed for the Pacific School of Religion campus and its surroundings has the potential to do great harm to the Northside neighborhood and to Berkeley as a whole.
The new project would offer a “continuing care” facility that features apartments, a memory care unit, and nursing facilities for people at the end of their lives.