“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
SAN JOSE, Calif. (PRWEB) March 16, 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 http://www.affirmedhousing.com