{"id":343504,"date":"2026-06-02T22:19:23","date_gmt":"2026-06-02T22:19:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/343504\/"},"modified":"2026-06-02T22:19:23","modified_gmt":"2026-06-02T22:19:23","slug":"affordable-housing-breaks-ground-in-downtown-mountain-view","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/343504\/","title":{"rendered":"Affordable housing breaks ground in downtown Mountain View"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The construction of 120 affordable apartments on a\u00a0<a href=\"http:\/\/www.mv-voice.com\/land-use\/2025\/12\/16\/mountain-view-switches-farmers-market-back-up-location-due-to-downtown-lot-closure\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">city-owned parking lot<\/a>\u00a0in downtown Mountain View is officially underway after facing years of\u00a0<a href=\"https:\/\/www.mv-voice.com\/housing\/2024\/05\/16\/mountain-view-works-to-close-major-36m-funding-gap-for-downtown-affordable-housing-project\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">financial struggles<\/a>\u00a0to get built.<\/p>\n<p class=\"wp-block-paragraph\">City and local leaders gathered outside Mountain View\u2019s Civic Center Plaza Wednesday morning to celebrate the groundbreaking of\u00a0<a href=\"https:\/\/www.related.com\/our-company\/properties\/corso-mountain-view-lot-12\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Corso<\/a>, a five-story affordable housing development at\u00a0<a href=\"https:\/\/maps.app.goo.gl\/eijJWLT8xzHoGqnPA\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">444 Bryant St.<\/a>, near Mountain View\u2019s City Hall. The 1.5-acre site used to be a public parking lot, known as Lot 12.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe\u2019re doing more than just breaking ground on a piece of land,\u201d Santa Clara County Supervisor and former Mountain View Mayor\u00a0<a href=\"https:\/\/www.mv-voice.com\/election\/2024\/09\/30\/margaret-abe-koga-goes-all-in-for-santa-clara-county-board-of-supervisors-race\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Margaret Abe-Koga<\/a>\u00a0told a large crowd at the May 27 event. \u201cI look forward to being able to welcome new neighbors and help break ground to provide hope, stability and opportunity for 120 families and individuals.\u201d<\/p>\n<p class=\"wp-block-paragraph\">Jointly developed by Alta Housing and Related California, the project technically broke ground back in March. The complex is on track to open to residents in early 2028, according to\u00a0<a href=\"https:\/\/www.mv-voice.com\/housing\/2026\/05\/06\/affordable-housing-leader-randy-tsuda-receives-lifetime-achievement-award\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Randy Tsuda<\/a>, Alta Housing CEO and president.<\/p>\n<p class=\"wp-block-paragraph\">The project was initially conceived in 2008 but did not get off the ground at the time because of financial challenges, Tsuda said. More than a\u00a0<a href=\"https:\/\/www.mv-voice.com\/news\/2019\/09\/12\/mountain-view-council-fine-tunes-plan-for-housing-on-downtown-parking-lot\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">decade later<\/a>, Mountain View\u00a0<a href=\"https:\/\/www.mv-voice.com\/news\/2020\/05\/21\/council-picks-developer-to-build-affordable-housing-in-downtown-mountain-view\/\" rel=\"nofollow noopener\" target=\"_blank\">selected<\/a>\u00a0Alta Housing and Related California to develop the site.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-234324 size-full\" src=\"https:\/\/www.newsbeep.com\/us-ca\/wp-content\/uploads\/2026\/06\/Affordable-housing-2-MV_Alta-Housing_003.webp\" alt=\"\" width=\"780\" height=\"520\"\/>A construction worker climbs a ladder at the Corso Apartments project site. Photo by Seeger Gray.<\/p>\n<p class=\"wp-block-paragraph\">Since its inception, the project has been slated to serve very low-income households earning between 30% and 60% of the area median income, according to Ann Silverberg, Related California Affordable CEO and president. In 2025, the median income for a two-person household in Santa Clara County was $156,150, according to\u00a0<a href=\"https:\/\/www.hcd.ca.gov\/sites\/default\/files\/docs\/grants-and-funding\/income-limits-2025.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">state data<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">Of the 120 affordable units, 20 apartments have been set aside for people transitioning out of homelessness. Another 15 are for residents with intellectual or developmental disabilities and 10 are designated as permanent supportive housing, which provides ongoing assistance for residents, Silverberg said. Monthly rents at Corso will range from $1,055 to $3,133.<\/p>\n<p class=\"wp-block-paragraph\">The apartments are sized to house both individuals and families, with 18 studios, 41 one-bedroom, 31 two-bedroom and 30 three-bedroom units. The project also will have community gathering spaces, including a ground-floor lobby, multipurpose community room, teen lounge, central courtyard and bicycle lounge. Additionally, support services will be provided on site.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe\u2019re not just providing four walls and a roof,\u201d Abe-Koga said. \u201cWe\u2019re providing the wrap-around care and stability that allows people to thrive.\u201d<\/p>\n<p>The groundbreaking ceremony was celebratory in tone but also highlighted the financial challenges of building affordable homes in the region. High interest rates, construction costs and competition for limited funding sources\u00a0<a href=\"https:\/\/www.mv-voice.com\/housing\/2024\/05\/16\/mountain-view-works-to-close-major-36m-funding-gap-for-downtown-affordable-housing-project\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">nearly derailed<\/a>\u00a0the project two years ago.<\/p>\n<p>Ultimately, the Corso development <a href=\"https:\/\/www.mv-voice.com\/housing\/2025\/10\/15\/mountain-view-rescinds-10m-from-delayed-affordable-housing-project\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">secured enough funding<\/a>\u00a0to get across the finish line, including a $23.5 million loan from the city, which includes federal and state grant money, and nearly $20 million in loans from the county. The city also contributed the land for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"The construction of 120 affordable apartments on a\u00a0city-owned parking lot\u00a0in downtown Mountain View is officially underway after facing&hellip;\n","protected":false},"author":2,"featured_media":343505,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[712,88,90,89],"class_list":["post-343504","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-jose","tag-centerpiece","tag-san-jose","tag-san-jose-headlines","tag-san-jose-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/343504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=343504"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/343504\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/343505"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=343504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=343504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=343504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}