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San Jose is greenlighting two housing projects that would provide 145 apartments for low-income residents and youth transitioning out of the foster care system.
The San Jose City Council voted 10-1 Tuesday to approve a $16.8 million loan for an 81-unit affordable housing project at 1510-1540 Parkmoor Ave. Newly-appointed Councilmember Arjun Batra cast the lone dissenting vote. The council voted unanimously to spend $5.2 million to help purchase land at 2388 S. Bascom Ave. and provide a $9.4 million loan for a 64 low-income apartment project.
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Learn more about this project from Abode Service's website.
About the City of San José
With more than one million residents, San José comprises the 10th largest city in the United States, and one of its most diverse cities. San José's transformation into a global innovation center in the heart of Silicon Valley has resulted in the world's greatest concentration of technology talent and development.
The San Jose City Council voted 10-1 Tuesday to approve a $16.8 million loan for an 81-unit affordable housing project at 1510-1540 Parkmoor Ave. Newly-appointed Councilmember Arjun Batra cast the lone dissenting vote. The council voted unanimously to spend $5.2 million to help purchase land at 2388 S. Bascom Ave. and provide a $9.4 million loan for a 64 low-income apartment project.
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Read the full article
Learn more about this project from Abode Service's website.
About the City of San José
With more than one million residents, San José comprises the 10th largest city in the United States, and one of its most diverse cities. San José's transformation into a global innovation center in the heart of Silicon Valley has resulted in the world's greatest concentration of technology talent and development.
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