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City Council approves plan for 67 affordable homes

Original post made on Jun 24, 2016

At a time of overwhelming demand for affordable housing, the City Council on Tuesday enthusiastically gave a round of approvals for 67 below-market-rate apartments and pledged a $7 million check to help build them.

Read the full story here Web Link posted Friday, June 24, 2016, 12:00 AM

Comments (6)

Posted by Homeowner
a resident of Cuesta Park
on Jun 24, 2016 at 11:28 am

Multi story housing construction is currently everywhere in Mtn. View. Why doesn't Palo Alto Housing use their funds to build low income housing in Palo Alto rather than Mtn. View?! Smells like NIMBY -- do your share Palo Alto.


Posted by support
a resident of Cuesta Park
on Jun 24, 2016 at 2:43 pm

I use El Camino for many commuting trips. But I think the future increased public bus service, and the social benefit of this project are worth the public money and the waivers of some development requirements.


Posted by Doug Pearson
a resident of Blossom Valley
on Jun 24, 2016 at 7:23 pm

Doug Pearson is a registered user.

This is good news. I regret the exemptions--exceeding height and setback rules, and lack of common-use open areas--but agree with the Council they are justified for this low-rent development.


Posted by Drop in the bucket
a resident of Cuernavaca
on Jun 24, 2016 at 10:25 pm

Is this the City Council's response to rent increases that threaten to vanquish half of the city's current residents? 67 new units at undisclosed rent levels.Just great.


Posted by Drop in the bucket
a resident of Cuernavaca
on Jun 24, 2016 at 10:27 pm

Is this the City Council's response to rent increases that threaten to vanquish half of the city's current residents? 67 new units at undisclosed rent levels.Just great. Who makes money from this project?


Posted by David Gray
a resident of Old Mountain View
on Jun 25, 2016 at 6:24 pm

So a cost of 28 million dollars divided by 67 units comes to more than $400,000 per unit. If we were going to truly solve the affordable housing shortage, there would need to be a way to have housing which is truly affordable, not just a token number of subsidized units. I wonder how much of the cost is for the land versus the actual construction cost.


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