A housing development that would bring well over 100 affordable homes to a site near downtown San Jose is pushing ahead after a real estate deal.
SAN JOSE — A housing development that would bring well over 100 affordable homes to a site near the footprint of Google’s transit village in downtown San Jose is pushing ahead after a key real estate deal.
Elevated view of an affordable housing development totaling 154 units located at 266 and 270 Sunol Street in San Jose, concept. The overall project cost, including construction financing, is estimated to be $136.2 million, according to a post by a state panel set up by the California treasurer. A projected 102 units, or 67%, are being restricted to households making 30% or less of the area median income households; 16 units, or 10%, are restricted to 50% or less of area median income households; 35 units, or 23%, are restricted to 60% or less of area median income households.
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