An estimated 240 units, 237 of which are affordable, are slated to be built on a property on Monterey Road in San Jose, featuring one-bedroom apartments with various amenities.
The project received up to $70.9 million in construction financing, with a total cost estimated to be about $119.2 million, combining tax-exempt and taxable bonds, tax credits, and other funding.
#affordable-housing #real-estate-development #construction-financing #housing-development #amenities
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