Housing News

An Arcade turns into Affordable Housing

Post Date:07/02/2025 4:34 PM

The construction of nearly 200 affordable apartments will break ground next month in South San Jose.

San Jose City Council unanimously approved a $73.7 million multifamily housing revenue bond on June 10 to close the remaining gap needed to finance the $160-million affordable housing development with developer Affirmed Housing. The 191-apartment complex will be 100% affordable housing, with 128 onsite parking spaces.

“Without the city’s funds, the project would be significantly delayed. These funds are pivotal to the project’s success,” Rob Wilkins, Northern California vice president of Affirmed Housing, told San José Spotlight.

Read the full story on Spotlight.

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