San Jose Falls Short of RHNA Affordable Housing Goals again in 2017
On Tuesday, March 20, 2018 the San Jose City Council will review its annual Housing Element Progress Report. In calendar year 2017, the City issued building permits for 3,097 new residential units, a 48% jump since 2016. This includes 2,622 market-rate units (162% of the annualized goal) and 475 affordable units (20% of the annualized goal). During the first four years of the 8.8-year RHNA projection period, the City has met 33% of its cumulative housing goal. By income category, the City has met 72% of its market rate housing goal and 7% of its affordable housing goal to date. To view the Staff Report click here.