Showing posts with label Affordable Housing. Show all posts
Showing posts with label Affordable Housing. Show all posts

Friday, June 13, 2025

Boosting Affordable Housing in San Jose: Housing Trust Launches New Grant Program

Housing Trust Silicon Valley just rolled out an exciting initiative called the Capital for Capacity Grant Program on June 11, 2025. This program is all about empowering community-based housing developers with grants of up to $50,000. The goal? To help them grow stronger, secure more funding, and build affordable housing that makes a real difference in the Bay Area, including right here in our city.

What makes this program stand out is how it tackles the challenges developers face head-on. These grants will support improvements in financial systems, staff skills, project management, and partnerships. Over the next 12 to 18 months, Housing Trust will work hand-in-hand with grantees to set goals, track progress, and even connect them with peers to share ideas. One of the lucky recipients is a San Jose gem: the School of Arts and Culture at Mexican Heritage Plaza. This local favorite, alongside other Bay Area groups like Black Cultural Zone in East Oakland and The Unity Council in Oakland, will get the boost they need to bring more affordable homes to life.

Affordable housing is a hot topic, and this program means more chances for people to stay and thrive in our community. With support from First Citizens Bank, The Wells Fargo Foundation, U.S. Bank, and Chinatrust Banking Corporation, Housing Trust is laying the groundwork for a stronger, more inclusive Bay Area. 

Want to dig deeper into how Housing Trust is shaping our region’s future? Check out housingtrustsv.org for the full scoop on their efforts.



Thursday, May 29, 2025

San Jose Takes a Big Step Forward with New Affordable Housing Projects

Great news for San Jose residents! The County Board of Supervisors has just approved nearly $29 million in funding for five new affordable housing projects right here in our city. This is a huge win for our community, especially for those who have been struggling to find affordable places to live. All five of these developments will be built in San Jose, bringing much-needed housing options to our neighborhoods and showing that our city is serious about supporting everyone who calls it home.

These projects will add a total of 612 units to San Jose’s affordable housing supply, offering both rental and ownership opportunities. The funding comes largely through Measure A, a $950 million bond that voters approved back in 2016 to tackle housing challenges. These new homes are designed for families, seniors, veterans, and other vulnerable residents, ensuring safe and stable places to live. In total, the County has committed $48.2 million to these efforts, with $38.7 million directly from Measure A, proving just how vital this initiative is for our region.

San Jose has faced a tough housing affordability crisis for years, with high costs making it hard for many to settle down. But thanks to moves like this, we’re seeing real progress. Measure A is paving the way for change, and these latest projects are a clear sign that our city is on the right track.

Think about what affordable housing means for our community. A stable home can improve health, help kids do better in school, and give families the security they need to build a future. These developments are investments in San Jose’s people, creating opportunities for a better life right where we live.

With these projects taking shape, San Jose is moving closer to being a place where everyone can find a home. Want to get involved? Head to the County’s website to learn more or connect with local groups championing affordable housing in San Jose.

Source: County of Santa Clara



Friday, April 25, 2025

San Jose’s Urban Village Vision: 474 New Affordable Homes on South Bascom Avenue

As part of San Jose’s Urban Village plan, a new development promises to transform a sleepy lot into a lively, walkable hub where with easy access to public transportation. The Urban Village plan anchors San Jose’s 2040 Envision Plan, targeting areas like the South Bascom site for a bold shift toward medium to high-density growth. It’s all about crafting neighborhoods where daily life doesn’t hinge on a car.

Crafted by b9 Architects, this project at 1099 South Bascom Avenue will deliver 474 affordable housing units, a major win for accessibility. The design leans hard into sustainable living, offering just 191 parking spaces but a generous 457 bike stalls. It’s a clear nod to a future where pedals outpace pistons. The site, currently home to a Round Table Pizza and a vacant storefront once occupied by Kelly-Moore Paints, will shed its underused past for a vibrant new chapter. The developer is even pursuing a density bonus to pack in more units, amplifying the project’s reach.

This isn’t a standalone effort—San Jose is riding a wave of transformation. Across Santa Clara County, underutilized parcels are morphing into large affordable housing developments, and South Bascom Avenue is a standout in this trend. By embracing the Urban Village model, San Jose is sculpting a city that’s sustainable, dynamic, and open to all.

Source: SF YIMBY



Monday, April 7, 2025

New Affordable Housing Project on The Alameda in San Jose

A new affordable housing project takes shape near Downtown, offering a beacon of hope amid the city’s ongoing housing challenges. As reported by The Mercury News, this development is more than just a collection of apartments—it’s a bold move to make San Jose a more inclusive, thriving place to live.

What sets this project apart is its use of advanced construction techniques, which could pave the way for faster, more cost-effective housing solutions across the region. The units are built offsite leveraging modular construction, and then assembled like LEGOs at the final construction site. The apartments are tailored to low-income residents, featuring a variety of unit sizes to accommodate different families and individuals.

The project will come in at seven stories and include 120 parking spaces, some of which are below ground. Amenities would include a rooftop deck, gym, and a lounge area.

Beyond the homes themselves, this project promises a boost to San Jose’s economy. Construction will generate jobs, and once residents settle in, local businesses near Downtown are likely to see increased foot traffic and spending. This ripple effect underscores how affordable housing isn’t just about shelter—it’s about strengthening the entire community. San Jose’s growth as a tech and innovation hub depends on its ability to support all its residents, and developments like this help make that vision a reality.

This effort fits into a broader wave of progress in San Jose. From workforce housing to mixed-use projects, the city is embracing creative solutions to meet its housing needs. Partnerships between developers, city leaders, and community groups are driving these initiatives forward, proving that collaboration can yield real results. As San Jose evolves, it’s carving out a reputation as a city that balances ambition with accessibility—a place where opportunity isn’t just for the few, but for everyone.