MOUNTAIN VIEW, CA—Even before the COVID onset, the need for affordable housing was at peak demand. One 100% affordable residential rental community at 950 W. El Camino Real looks to make a dent in that pressing issue.
The 71-unit development will provide independent living for a mix of single- and two-person households earning between 50% to 70% of the area median income. Nonprofit developer Alta Housing virtually celebrated the groundbreaking last week on the project which includes 15 units reserved for adults with intellectual or developmental disabilities.
"We are excited to commence construction on this new, supportive residential community that will bring stability and an enhanced quality of life to so many people that are struggling in this challenging economy, including those with special needs," said Randy Tsuda, Alta Housing's president and CEO. "We are grateful to our partners at the city of Mountain View who have strongly supported our effort to add much-needed affordable housing."
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Lisa Brown
Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.
