San Jose is cutting taxes and fees for at least 14 high-rise development projects or more than 4,000 homes in downtown. The San Jose City Council on Tuesday voted unanimously to extend the existing Downtown Residential High-Rise Program to reduce developer costs in an effort to spark more incentives for housing construction. Under the new...
San Jose affordable housing projects stuck in limbo without funding
Recent efforts to redirect Measure E monies meant for affordable housing in San Jose have brought to light 13 of those projects waiting for city funding to start construction. That waitlist is keeping more than 1,500 new homes off the market. Housing Department officials reviewed the affordable housing projects after inviting developers last year to submit their plans for...
Santa Clara County affordable housing sees huge funding drop
State and federal funding for affordable housing took a steep drop in Santa Clara County last year, putting more of a burden on local governments to address the housing crisis. The cuts in state and federal funding declined by 24%, resulting in a $225 million funding decrease for affordable housing, according to a report released...
San Jose commission wants to split parkland for commercial use
Plans for a 40-acre park in San Jose that was previously home to hundreds of homeless residents are shrinking as officials consider other uses for the space. The San Jose Airport Commission is recommending the City Council scale back building a park on vacant downtown land south of San Jose Mineta International Airport and allow commercial...
Campbell development will add dozens of homes
A cranny of Campbell is slated for demolition to make way for a larger housing project, leaving some residents and businesses unsure if they will be able to stay in the West Valley city. The Campbell City Council earlier this month unanimously approved a unique housing development that includes 25 townhomes, 10 apartments and 12...
Santa Clara one step closer to state housing approval
Santa Clara’s housing plans are still out of compliance with the state, but the city hopes its newest draft will be the final effort. The Santa Clara City Council on Tuesday unanimously voted to rezone more than 27 acres along El Camino Real for mixed-use redevelopment, opening the possibility for more housing in the area....
State signs off on Los Gatos housing plan
After months of contentious debate among residents and town officials, Los Gatos has received state approval to build nearly 2,000 homes more than a year past the deadline. Los Gatos received a letter from the state on Friday stating it met “statutory requirements.” This is the town’s sixth attempt at its housing element — a...
Silicon Valley leaders push multibillion-dollar housing bond
Regional leaders are brainstorming ways to keep affordable housing production up and eyeing a hefty funding source. The Bay Area Housing Finance Authority (BAHFA) wants to put a multibillion-dollar bond measure on the November ballot, with the funds going to the region’s nine counties to help facilitate affordable housing. The bond’s details have yet to...
San Jose affordable apartments a plus for senior housing crisis
More than 100 Santa Clara County seniors struggling with the cost of living will have a place to call home in downtown San Jose within the next few years. The San Jose City Council unanimously approved a roughly $15.2 million loan Tuesday for Hawthorn Senior Apartments, a 100% affordable housing development with 101 homes for...
What the demise of contentious housing law means for San Jose
A brewing battle in the California courts may lift San Jose from the mandates of a controversial law that ended exclusionary single-family zoning statewide. The prospect has local experts shrugging and questioning what effect, if any, Senate Bill 9 has had on San Jose’s housing stock. The law has underperformed in new home approvals since...