Affordable homes project in San Jose makes progress with property deal
Briefly

An affordable housing project in San Jose's Willow Glen district has advanced after Resources for Community Development finalized the purchase of 520 and 544 West Alma Avenue for $5.25 million. This development will feature 90 units, including 89 affordable apartments, with specific allocations for low and very-low-income residents. The project aims to enhance the area, leveraging its proximity to the Guadalupe River with plans for extensive landscaping and open spaces, providing both housing and green accessibility in a vibrant neighborhood.
The affordable housing proposal in San Jose's Willow Glen district will bring 100 units, 89 of which are designated as affordable for low- and very-low-income residents.
Resources for Community Development has successfully acquired the project site for $5.25 million, securing financing through Housing Trust Silicon Valley to support the development.
Read at www.mercurynews.com
[
|
]