SAN DIEGO, March 10, 2020 /PRNewswire/ -- On Friday, March 6, Affirmed Housing, People Assisting The Homeless (PATH) Ventures, elected officials, and development partners celebrated the Grand Opening of Villas on the Park in downtown San Jose, CA. The highly anticipated project opening included speakers: Cindy Chavez, Santa Clara County Supervisor; Mayor Sam Liccardo, City of San Jose; Councilmember Raul Peralez, City of San Jose, Jim Silverwood, Affirmed Housing President and CEO; Jennifer Loving, Destination: Home CEO; Jacky Morales-Ferrand, City of San Jose Housing Director; and Joel John Roberts, PATH Ventures CEO, among others. Located at 290 N. 2nd Street, Villas on the Park is one of the first all-supportive housing communities to come to Santa Clara County. Affirmed Housing has two (2) other Santa Clara County developments in its pipeline, which will add approximately 180 more affordable apartments to the region.
As a permanent supportive housing development, Villas on the Park offers social services for the formerly chronically homeless earning 30-50 percent of the area median income (AMI). The community features 83 supportive homes, with service provided by PATH, and a manager's apartment. The six-story, GreenPoint Rated building offers large communal spaces, offices for resident services management, a rooftop terrace with garden plots for residents, bicycle storage, a large teaching kitchen, and a unique flex space to accommodate a variety of enhanced services.
James Silverwood, President of Affirmed Housing, states, "In a region where the cost of housing is one the highest in the nation, it's critical that we continue to create affordable and supportive housing solutions for our most vulnerable neighbors. We're excited Villas on the Park is part of the solution in this area."
Development partners included: Affirmed Housing, PATH Ventures, BKF Engineers, Brown Construction, Inc., Dahlin Group, DBF, DCI Engineers, Emerald City Engineers, Inc., HA Builder Group, LLC, Jett Landscape Architecture + Design, The John Stewart Company, and Tarrar Utility Consultants. Financing partners included: Bank of America, N.A.; California Community Reinvestment Corporation; CA Tax Credit Allocation Committee; City of San Jose; County of Santa Clara; County of Santa Clara Office of Supportive Housing; Housing Trust Silicon Valley; and the Santa Clara County Housing Authority.
Headquartered in San Diego, Affirmed Housing is dedicated to improving and sustaining the viability of California through the development of affordable housing. The company has financed over $1.4 billion in affordable development, with 4,100 units developed or under development in 53 communities. For more information, visit www.affirmedhousing.com.
Contact: Beth Binger
SOURCE Affirmed Housing