In July, city leaders celebrated the groundbreaking of
Villas on the Park, a new 100% homeless housing development in Downtown San Jose only blocks from City Hall. The development -- set to open doors in 2019 -- will house 83 of our homeless neighbors and host on-site supportive services and security to better help residents get back on their feet.
In addition, a new development set to host more than 300
affordable, rent-restricted homes near Diridon Station has completed the property sale and received critical financing needed to bring the vision closer to reality. In July, partners like Housing Trust Silicon Valley provided over $15 million in financing to help secure the parcels and cover pre-development costs.
These projects join more 1100 new affordable homes in San Jose's development pipeline, bringing us closer to Mayor Liccardo's goal of building 10,000 affordable homes over the next 5 years.
Learn more about Mayor Liccardo's housing plan geared to address our city's housing crisis.