Potentially hundreds of affordable homes might be developed in east San Jose under a plan being propelled by a site proposal and a property purchase of the land needed for the project.
SAN JOSE — More than 200 affordable homes could be built in east San Jose under a plan that’s being fueled by a site proposal and purchase of the land needed for the project.
Newport Beach-based Community Development also obtained a loan of $9.75 million from Community Housing Fund at the time of the property purchase, the county records show. The preliminary plans that the property owner has filed envisions three potential options for the development. Each option would lead to a different number of residences.
Under all three scenarios, the development would consist of a mix of studios, two-bedroom and three-bedroom units, according to the preliminary plans.
Norge Siste Nytt, Norge Overskrifter
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