995 East Santa Clara Street has been purchased by the Bay Area-based First Community Housing residential developer for $5.5 million. The East Bay Times reports that the purchase brings FCH a step closer to realizing a 125-unit affordable housing structure on an 18,300 square foot parcel near downtown San Jose. The project benefits from San Jose’s General Plan 2040 Urban Village zoning.
New development permits have been filed for 6733 Foothill Boulevard in Havenscourt, Oakland. The over 100,000 square foot parcel will add 539 affordable apartments in the mid-rise project beside the Eastmont Town Center shopping mall. AMG & Associates are responsible for the development.
Freedom West, a proposed 2,515-unit project led by the existing lot’s co-op, plans to transform the city’s two blocks to make one of the most extensive residential additions to the city under a single development….
Alphabet has provided vital financing for a planned affordable housing project at 280 McEvoy Street in West San Carlos, San Jose. The funding comes through Google Endeavor LLC, a lending subsidiary. This comes after Housing Trust Silicon Valley took out a $15.8 million loan to acquire the parcel in 2018, setting a record for the two-decades-old organization. First Community Housing is managing the McEvoy Apartments development.
Permits have been approved for a 72-unit residential development at 1744 Ruby Street in Castro Valley. The Alameda County government has paved the way for construction to begin soon with their decision, which will produce…
