Biz Briefs – Affordable Housing
Silicon Valley buxiness Ink, Sept 3, 2004
Charities Housing Development Corp., a San Jose-based, nonprofit housing developer, will break ground on its San Antonio Place studio apartment complex on Sept. 8. The 120 single-occupancy apartments, to be built at San Antonio Place and San Antonio Circle, will rent for $252 to $700 per month, depending on the tenant’s income. Construction is estimated to take 14 months, according to Adriana Garefalos, senior planner for the City of Mountain View. Prospective tenants must earn an annual income of less than $33,435 to qualify.