The Santa Clara Valley Transportation Authority is creating the first of four housing developments with 100% affordable units.
“This effort helps address the housing needs of our community’s most vulnerable residents,” the transit agency said in a statement.
The VTA today entered into a formal lease option agreement with the Affirmed Housing Group, a San Diego developer, to build 195 affordable units on a currently vacant lot next to the Berryessa Transit Center. The agreement allows AHG to lease the land from VTA on a long-term basis for the housing.