Affordable Housing



280 McEvoy Street, rendering courtesy SERA Architects

Google Endeavor Finances San Jose Affordable Housing

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.

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230 7th Street, rendering by Gary Gee Architects

230 7th Street Nears Construction in SoMa, San Francisco

New planning permits have been filed for a six-story residential development at 230 7th Street in SoMa, San Francisco. These permits come after approval for new building permits and site crane permits, suggesting the developers are doing some last-minute planning before construction starts. Oryx Partners had been responsible for the development in 2017. The site went for $10.6 million, and the new developers seem intent on retaining the previous scale while exploring the option of including condominiums.

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