Newly Funded

North San Pedro Apartments Breaks Ground

Groundbreaking at North San Pedro Apartments

A short walk from our office in downtown San Jose is North San Pedro Apartments, which had a groundbreaking celebration this past Friday.

Featured speakers included elected officials and others who helped move this project over a period of years – including State Senator Jim Beall, County of Santa Clara Supervisor Cindy Chavez, San Jose Mayor Sam Liccardo, Councilmember Raul Peralez and Housing Director Jacky Morales-Ferrand and others.  The project will feature 135 homes – including 55 units of permanent supportive housing for chronically homeless veterans and 60 chronically homeless individuals. 

Housing Trust provided First Community Housing with a liquidity line to give FCH greater capacity in working on different developments simultaneously. The other FCH endeavor the liquidity line is assisting is the project Leigh Avenue – which had its own groundbreaking on February 1
The project had to secure a number of funding sources – and took a lot of love and teamwork to get to the construction phase. North San Pedro is also another win for Measure A – the affordable housing bond championed by Santa Clara County and passed by voters in 2016.