Satellite Affordable Housing Associates will build a nine-story apartment complex with 99 units at 501 South Almaden Avenue. The project will stand right next to the Arya affordable housing development the same team previously completed. SB 35 will enable a speedy approval process that moves the project forward without traditional delays.
All apartments will deliver 100 percent affordable housing. The building will contain 67 studio units, 31 one-bedroom apartments, and one two-bedroom home. This thoughtful mix will support a broad range of households seeking a central San Jose location.
Source: The Mercury News
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