Affordable housing is still one of the biggest challenges in the Bay Area. The average rent in San Jose is ~$3,021 — over twice the national average of $1,372 — and many San Joseans struggle with rents that eat up over a third of their monthly income.
To combat this, Santa Clara County + the city of San Jose have paved the way for many new projects that could change the affordability landscape of the city over the next several years.
This week, the Santa Clara County Board of supervisors approved ~700 new affordable homes in the South Bay last week, which includes three housing sites in San Jose.
Let’s take a look at each project.
- 5885 Santa Teresa Blvd. | Sakamoto | 49 units | A three-story development will be constructed in the Plaza del Rey shopping center, where a Round Table currently sits.
- 525 N. Capitol Ave. | Mayglen-Little Rock | 160 units | This five-story development will overtake a vacant lot to accommodate supportive housing, with a focus on veterans who are unhoused.
- 1371 Kooser Rd. | Calderwood-Dellwood | 191 units | The six-story development will be constructed at the site of a former Chuck E. Cheese restaurant, with 30 units set aside for permanent supportive housing.
All of the Santa Clara County projects will total $47.4 million, with Measure A funding $36.1 million of that cost. The timelines on all of these projects are still unclear.
