Hundreds of affordable homes may sprout on empty San Jose lot after loan deal

Hundreds of affordable homes may sprout on empty San Jose lot after loan deal

8 months ago
Anonymous $6hYC3Wwiad

https://www.siliconvalley.com/2024/06/12/san-jose-home-affordable-house-build-property-real-estate-economy/

SAN JOSE — Hundreds of affordable homes could sprout on an empty lot in San Jose after a real estate firm landed a crucial financing package to pay for the project’s construction.

An estimated 240 units are slated to be built on a property on Monterey Road between Senter Road and Skyway Drive a short distance from Walnut Mobile Home Park and San Jose Fire Station 18. The development site is at 4300 Monterey Road in San Jose.