County housing authority abandons plan to redevelop Buena Vista
Briefly

County housing authority abandons plan to redevelop Buena Vista
"The Santa Clara County Housing Authority is abandoning its plans to redevelop Palo Alto's Buena Vista Mobile Home Park with new mobile homes and an apartment building. Instead, the Housing Authority will replace the utilities and develop a voluntary mobile home replacement program for the 4.5-acre park at 3980 El Camino Real, spokeswoman Brandi Johnson said today (Sept. 2). The announcement comes after the Housing Authority put the $57 million redevelopment plans on pause in October 2024."
"The Housing Authority, Santa Clara County and the city of Palo Alto purchased the park together in 2017 for $40 million after a campaign to save the affordable housing. The state gave the project a boost in December 2023 with a $24 million grant to rebuild the mobile home portion of the park, but the apartment building was still short $10 million, Director of Real Estate Flaherty Ward told council in March 2024."
Santa Clara County Housing Authority is abandoning plans to redevelop the 4.5-acre Buena Vista Mobile Home Park in Palo Alto into new mobile homes plus an apartment building. The Authority will instead replace the park's water, gas, sewer and electricity utilities and establish a voluntary mobile home replacement program. The $57 million redevelopment plan was paused in October 2024 and labeled no longer viable. The park was purchased in 2017 by the Housing Authority, Santa Clara County and the city of Palo Alto for $40 million to preserve affordable housing. A December 2023 $24 million state grant targeted mobile home rebuilding, while the proposed apartment building remained $10 million short.
Read at Padailypost
Unable to calculate read time
[
|
]