First affordable housing development for artists coming to San Francisco
First affordable housing development for artists coming to San Francisco – CBS San Francisco The Big Picture San Francisco is moving forward with a 14-story affordable housing development designed specifically for artists at Market and Gough streets. The project, called Artists Hub on Market, will provide below-market apartments reserved for certified working artists along with […]
San Jose housing towers owner preps sales of residential units
Landmark San Jose housing tower owner preps sales of residential units Big Picture The owners of 188 West St. James, a pair of long-troubled residential towers near San Pedro Square, are making a decisive push to sell hundreds of unsold condominium units and reset the project’s future. New ownership under Machine Investment Group, with Centurion […]
Palo Alto City Council praises Town & Country’s growing housing proposal
City Council praises Town & Country’s growing housing proposal – Palo Alto Online vBig Picture The Palo Alto City Council is signaling a real shift by welcoming a sizable housing proposal at Town & Country Village, one of the city’s most established retail centers. The plan would add roughly 160 apartments on existing surface parking […]
Court rules against Los Gatos’ interpretation of builder’s remedy law
Court rules against Los Gatos’ interpretation of builder’s remedy law – The Mercury News The Big Picture A Santa Clara County judge rejected the Town of Los Gatos’ attempt to narrow California’s builder’s remedy law, siding with the state’s housing agency and developers. The ruling makes clear that developers can repeatedly resubmit incomplete builder’s remedy […]
Major San Jose housing development takes big step with real estate deal
Major San Jose housing development takes big step with real estate deal The Big Picture A major North San Jose housing project moved materially closer to construction with the $45 million all-cash purchase of a nearly 10-acre site along River Oaks Parkway. The new ownership group, backed by large institutional investors, now controls land that […]
San Jose could add financial perks to help speed up housing development
San Jose could add financial perks to help speed up housing development Big Picture San Jose is weighing a significant expansion of its housing incentive programs in response to stalled construction and rising development costs. City leaders are proposing deeper tax and fee reductions for multifamily projects, extending caps on existing incentive programs, and introducing […]
S.F. supervisor says mayor’s housing office ‘lost’ $5M for affordable housing
S.F. supe: Mayor’s housing office ‘lost’ $5M for affordable housing Big Picture San Francisco District 5 Supervisor Bilal Mahmood revealed that roughly $5 million in funding earmarked for a long-planned affordable housing project in the Tenderloin was never spent and had been sitting unused in an account for years. The money originated from a 2015 […]
San Jose looks to sweeten the deal to jump-start stalled housing
San Jose could add financial perks to help speed up housing development Big Picture San Jose is considering expanding and extending its existing financial incentive program for housing developers as a way to move approved projects into construction. The proposal would offer deeper and longer-lasting breaks on construction taxes and certain fees for residential projects […]
The top 3 states Californians moved to, according to new Census data
The top 3 states Californians moved to, according to new Census data Big PictureNew Census Bureau data shows Californians are still leaving the state in large numbers, but the pace of domestic out-migration eased slightly in 2024. An estimated 254,000 more residents moved out than moved in, down from about 268,000 in 2023, yet California […]
San Jose and Santa Clara County Left Off California’s “Pro-Housing” List, Putting Homelessness Aid at Risk
San Jose, Santa Clara County Missing from California’s ‘Pro-housing’ List, Putting New Aid in Jeopardy | San Jose Inside Big Picture California is tightening conditions on state homelessness funding, linking eligibility for new money to local policies on homeless encampments and a state-issued pro-housing designation that signals strong support for building housing and reforming local […]