Expanding Affordable Housing in San Jose's Guadalupe-Washington Neighborhood

"Resources for Community Development, based in Berkeley, leads the effort with $98.6 million in secured financing, including a $53.3 million construction loan from JPMorgan Chase and $28.9 million from Santa Clara County. This funding paves the way for a mix of 26 studios, 28 one-bedroom units, 25 two-bedroom units, and 20 three-bedroom units, all targeted at households earning 30% to 60% of the area median income."

"Community needs take center stage in Lupina's design. The ground floor dedicates 2,300 square feet to commercial space, featuring a childcare center pinpointed during early outreach with neighbors. The project also includes 25 permanent supportive housing units, 41 extremely low-income units, and 32 low-income units. Residents will benefit from 1,892 square feet of support services, a community room, on-site property management, and a lobby. Outdoor spaces total over 6,000 square feet, with ground-level play areas, benches, landscaping, and a vegetated second-floor courtyard."

"Sustainability and accessibility define the building's features. As an all-electric structure with rooftop solar panels, it aims to reduce operational energy use by 50%. Parking accommodates 92 vehicles with EV charging capabilities and 127 bicycles, with access from W. Virginia Street. The ground level is elevated to mitigate flooding, and the project earned a Finding of No Significant Impact under the National Environmental Policy Act, clearing the path for federal funding without a full environmental impact statement."

Lupina is a six-story affordable housing development in San Jose delivering 99 units for households earning 30%–60% of area median income. Funding totals $98.6 million, including a $53.3 million JPMorgan construction loan and $28.9 million from Santa Clara County. Unit mix comprises 26 studios, 28 one-bedrooms, 25 two-bedrooms and 20 three-bedrooms, with 25 permanent supportive units, 41 extremely low-income units and 32 low-income units. Amenities include 2,300 square feet of ground-floor commercial space with a childcare center, 1,892 square feet of support services, a community room, on-site management, and more than 6,000 square feet of outdoor space. The all-electric building features rooftop solar to reduce operational energy by half, EV charging capacity, elevated ground level for flood mitigation, a NEPA Finding of No Significant Impact, and construction beginning November 17 for 2028 occupancy.

Read at Thesanjoseblog