Housing Authority Eyes San Jose Homes, Offices, Retail Village Near Downtown
Source: mercurynews.com | Re-Post MNM Partners, LLC 3/26/2018 –
Homes, offices, and retail could become part of an urban village on a big lot near downtown San Jose through a plan under early consideration by the Santa Clara County Housing Authority, an agency official said Tuesday.
The lot fronts East Santa Clara Street, along with the eastern edge of downtown San Jose. Some of the residential units on the site would be set aside as affordable housing.
The plans are preliminary and could be altered, but the village concept is being weighed.
“There is an urban village guiding principal for that area,” said Katherine Harasz, executive director of the Housing Authority. “We are not at the point where we know exactly what would be developed there.”
However, a preliminary filing with San Jose city planners indicates the Housing Authority is contemplating as many as 750 residential units, or more; up to 300,000 square feet of offices, or more; and ground-floor retail that would serve the new village and nearby area.
New residential units might be especially welcomed amid a housing crisis in the Bay Area that has hit prospective buyers and renters with skyrocketing residential costs.
“Giving somebody a Section 8 housing voucher for federal rental assistance doesn’t always result in finding a landlord who will rent to them,” Harasz said. “It works a lot better if you can give them a voucher and an apartment. There are plenty of folks who don’t have vouchers and rely on affordable rents to live in our community.”