The first of its
kind in Santa Clara County, Villas on the Park will provide housing and extensive
services for 83 chronically homeless in the downtown core of San Jose
San Jose, CA., March
15, 2018 Affirmed
Housing begins construction on Villas on the Park in downtown San Jose,
CA. In partnership with PATH Ventures,
the building will be located at 280 N. 2nd
Street, a half block north of the historic St. James Park. Villas on the Park will include 83 LIHTC
studios for formerly homeless individuals, a resident manager’s unit, and an
interim housing section consisting of five studios that will accommodate up to
20 homeless individuals who are waiting for permanent housing.
Funding sources include Tax
Credits, Bank of America, California Community Reinvestment Corporation, the
City of San Jose, and the County of Santa Clara. The six-story structure will
include resident management and case worker offices, a landscaped outdoor deck
area, a large community room and teaching kitchen. Resident services will be provided by
nonprofit service provider, PATH.
“I
am a very proud supporter of the development Villas on the Park in my
District”, states Councilmember Peralez. “Villas on the Park will provide 83
permanent homes and shelter, as well as services to our most chronic homeless
residents. This is the model in which we as a city should be looking at for
supportive housing that includes collaboration of both public and private
sectors. This will serve as a positive addition to District 3 and the San Jose
community.”
“We are very excited to begin this project”
states James Silverwood, President and CEO of Affirmed Housing. “In conjunction
with the city housing staff, Councilman Peralez, Mayor Liccardo, the County of
Santa Clara, and the community at large, Villas on the Park will bring the
local region a step closer towards ending homelessness.”
Headquartered
in San Diego, Affirmed Housing is dedicated to improving and sustaining the
viability of California through the development of affordable, and homeless
housing. The company aims at enhance
communities and our environment by building professionally-managed,
high-quality, green, multifamily housing.
Areas of expertise include site selection, engineering, architecture,
construction, relocation, and marketing.
Affirmed also has extensive knowledge in public finance, low-income
housing tax credits, and tax-exempt bond financing. For more information, visit
www.affirmedhousing.com
No comments:
Post a Comment