Wednesday, September 28, 2022

Real Estate: An Eye on Over 500 Affordable Homes in North San Jose

San Jose – An initial proposal at City Hall could see several hundred affordable homes grow near the tech hubs of North San Jose.

According to documents filed with San Jose city planners, the proposed development for a site at 71 Vista Montana in San Jose would include 509 affordable homes.

“The Vista Montana project will help the city meet its affordable housing goals for northern San Jose,” said Bob Stadler, chief executive of land-use consultancy Silicon Valley Synergy.

The houses will now rise on a site that is occupied by city documents, an empty research and office building.

As per the initial plan proposal, two residential buildings, both eight storeys, are to be constructed at the site.

The San Jose-based non-profit organization Charity Housing is affiliated with the project, city documents show.

“Charity Housing is committed to the development and management of affordable housing and strives to create developments that contribute positively to communities,” the nonprofit’s website states.

The non-profit is an entity founded in 1993 by Catholic Charities of Santa Clara County.

“Our projects are located in Santa Clara County,” Charity Housing said on its website. “The range of housing types includes service-rich housing for extremely low-income individuals as well as traditional affordable multi-family housing.”

A segment of a proposed complex of 509 affordable homes in North San Jose, concept 71 in Vista Montana. //

The development site is 4.2 acres in total and is about a block from North First Street. The area is dotted with high-tech companies and sites where more tech and life sciences companies can become occupants.

The proposal is expected to include critical facilities in the development.

According to the plan documents, “a public library and child care center will be included in the project development.” “Adequate public and private open space will be provided, including a peso linking Renaissance Drive to Vista Montana Park.”

Nation World News Desk
Nation World News Desk
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