Description
Title: Funding Agreement with Affirmed Housing for Round 8 Affordable Housing and Sustainable Communities Grant Funds.
Summary
The City of San Jose is considering a funding agreement with Affirmed Housing for the Round 8 Affordable Housing and Sustainable Communities (AHSC) grant, which allocates up to $9 million for transportation improvements along King Road. This legislation, aimed at supporting a 195-unit affordable housing project at 1565 Mabury Road, will enhance bicycle, pedestrian, and transit systems in the area. Key actions include authorizing the City Manager to implement these improvements and negotiate necessary agreements with state agencies. This initiative aligns with California's environmental goals by promoting sustainable development, reducing greenhouse gas emissions, and improving public health. The project will involve community outreach, ensuring local concerns are addressed during construction.