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This new affordable housing project in San Jose is going to require public subsidy of one million dollars per unit, and that is on top of the rent that the tenants will pay. At these prices, subsidized affordable housing will never get us broad housing affordability. We need to unleash the market.

An affordable housing development has landed some key chunks of construction financing.

Affordable San Jose housing project lands key construction financing

An affordable housing development has landed some key chunks of construction financing.

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