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Board approves five Measure A‑funded housing projects; county reports progress on 6,300‑unit bond
Summary
Supervisors approved four multifamily rental and one affordable‑homeownership projects drawn from the 2016 Measure A housing bond, advancing roughly 576 units and updating the board on progress, risks and pipeline numbers for the county's housing bond program.
The Santa Clara County Board of Supervisors voted to approve five Measure A housing projects on May 20 and received a detailed progress report on the 2016 Measure A housing bond’s implementation.
Why it matters: Measure A is the county’s $950 million 2016 housing bond. Board materials said the program has been the county’s principal tool to expand permanent supportive and deeply affordable housing since 2016 and has leveraged substantial state, federal and private funds to build, renovate and preserve thousands of units.
What the board approved: Administration asked the supervisors to fund four multifamily rental developments that together will yield 576 new permanently affordable units (including permanent…
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