Of these funds, $22.25 million were allocated by the City Council to contribute to a project of a new 116-unit affordable family development located at the corner of East Evelyn Ave and South Bernardo Ave. This project aims to benefit people with incomes at or below 60% area median income (AMI), with a particular focus on those who live or work in Mountain View. This development by ROEM Development Corporation is anticipated to be fully occupied by late Summer 2018.
Another project by Palo Alto Housing Corporation is a 67-studio unit development located at 1701-07 W. El Camino Real. It will provide 30 units of veteran housing with the remaining units available to extremely low-income households earning 30 % AMI or less, and very-low income households with annual incomes at or below 60% AMI. Here the City Council reserved $8 million funding in Oct 2015 and the completion of construction is anticipated for late 2017.
For more information on these projects, or to sign up on the interest list for the proposed affordable developments, go to the Affordable Housing tab of the City of Mountain View web site.
Separately, but in the same vein on the affordable housing subject, the City is updating its companion unit regulations to allow for and encourage additional diverse housing opportunities. What is more commonly known as "granny units", or "in-law units", or "accessory dwelling units" currently need to fit fairly strict guidelines, some of them laid out in this part of the City of Mountain View "City Code" page (Chapter 36 - Zoning).
Will we see loosening of the guidelines soon? Some people like the idea.
Will we see loosening of the guidelines soon? Some people like the idea.
Thank you for reading,
Francis
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A non-profit of interest: the Salvation Army - Silicon Valley.
