The Valley Transportation Authority (VTA) is launching its first transit-oriented development project in 25 years at Tamien Station in San Jose, featuring 135 affordable housing units and a daycare center. Designed for families earning between 30 to 60% of the area median income, over 60 units will assist families transitioning out of homelessness. Revitalized since 2016, VTA's program aims to address housing pressures and enhance public transit ridership, with plans for more than 1,600 units across seven active projects, of which 72% are affordable.
It's VTA's first (Transit Oriented Development) project that's going to be completed in over 25 years, and it's 135 affordable units as well as a daycare center.
VTA recognizes, not only the immense pressure there is on housing...but also our program can bring in new riders for transferring to development, as well as help support the agency's fiscal sustainability.
We reactivated the program in 2016, and that's when we started working on this project. And so, this project has really been in process since 2016.
Through build out, we expect over seven active projects that total over 1,600 units, of which over 72% of them are affordable.
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