Real Estate

Real Estate

Sunnyvale buys land to build affordable housing

Sunnyvale has a unique strategy to support affordable housing development: purchasing the land for developers. Most recently, as part of a $29.5 million roundup of affordable housing expenditures, the Sunnyvale City Council unanimously approved spending $12.5 million to buy a lot at 1171 Sonora Court, to help developers MidPen Housing build 170 affordable apartments. It will...