News — affordable housing

Major affordable housing development starts in Santa Clara amid Silicon Valley homelessness Construction is underway on the first all-affordable housing development to go up in an industrial area that is set for revitalisation in the city of Santa Clara, California. Its construction costed at close to $100m, the complex, called St. Anton Tasman, located at 2233 Calle Del Mundo, will have 196 studio and one-bedroom units, of which some 20% are for very low-income tenants (50% Area Median Income) with 80% designated for low-income tenants (60% Area Median Income). It is regulated to stay as affordable housing for at least...