https://www.siliconvalley.com/2024/02/02/san-jose-real-estate-house-home-affordable-housing-buy-build-economy/

SAN JOSE — Plans to convert a prominent downtown San Jose apartment complex into affordable housing have taken a big step with the purchase of the property by a Bay Area nonprofit that specializes in low-cost homes.

Modera The Alameda, a 168-unit apartment complex in downtown San Jose near the SAP Center and Diridon train station, has been bought for $78.2 million, according to documents filed on Feb. 1 at the Santa Clara County Recorder’s Office.