Los Gatos gets more than 80 applications for affordable housing unit selling for $260,067

Malaysia News News

Los Gatos gets more than 80 applications for affordable housing unit selling for $260,067
Malaysia Latest News,Malaysia Headlines
  • 📰 mercnews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

The 982-square foot unit, located at 260 Union Ave., has two bedrooms and two bathrooms, and is available to households earning 80% or less than Santa Clara County’s median household income of $124…

, which aims to increase the number of affordable housing units in town, with the help of HouseKeys, a Bay Area-based affordable housing program administrator.

“We’re pretty oversubscribed typically. The [HouseKeys] program itself has about 694 applicants, so the 81 that applied for that particular property are coming out of that 694,” Nyanda said. The Union Avenue property is only available to first-time home buyers, and Los Gatos is utilizing a point system to rank the applications to give preference to those already living and working in town.based on their occupation and disability status, whether they have senior citizens living with them or if they were displaced by actions by the town council, among other factors.

Applicants also have to sign a restriction agreement that keeps the housing as an affordable property if the owner decides to sell in the future.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mercnews /  🏆 88. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Las escuelas privadas han rechazado a los inspectores de salud del condado de Los Ángeles que verifican el cumplimiento de las reglas ante el COVID-19Las escuelas privadas han rechazado a los inspectores de salud del condado de Los Ángeles que verifican el cumplimiento de las reglas ante el COVID-19Durante la pandemia, algunas escuelas han impedido en repetidas ocasiones que los inspectores de salud del condado de Los Ángeles accedan a sus instalaciones, lo que ha provocado citaciones y multas.
Read more »

Notable Clevelanders make Super Bowl 56 predictions between Cincinnati Bengals, Los Angeles RamsNotable Clevelanders make Super Bowl 56 predictions between Cincinnati Bengals, Los Angeles RamsEach year we survey a handful of notable Clevelanders to see who they think will win the Super Bowl. Here are their predictions on this year’s game. Our folks are pretty split between picking the Cincinnati Bengals or the Los Angeles Rams for the game, which is Sunday, Feb. 13.
Read more »

LeBron James convinced Los Angeles Lakers 'in this together' as Russell Westbrook strugglesLeBron James convinced Los Angeles Lakers 'in this together' as Russell Westbrook strugglesVeteran Russell Westbrook hasn't been an ideal fit with the Lakers this season, but teammate LeBron James said Monday that Los Angeles is 'all in this together' as the club battles for playoff positioning in the Western Conference.
Read more »

Los Angeles Will Not Remove Indoor Mask Mandate Next Week, Despite CA Announcement – ReportsLos Angeles Will Not Remove Indoor Mask Mandate Next Week, Despite CA Announcement – ReportsEarlier today, California officials announced the state would allow vaccinated residents to be unmasked in most indoor public spaces beginning next week. Local jurisdictions are allowed to be more …
Read more »

The Freak Rain Storms That Saved a Los Angeles Super BowlThe Freak Rain Storms That Saved a Los Angeles Super BowlSoFi Stadium, the host of Super Bowl LVI, was supposed to host the game a year earlier—when fans would have been barred because of the pandemic. But heavy rainfall during its construction delayed the opening and inadvertently prevented a nightmare.
Read more »

Hosting Super Bowl expected to bring $500 million to Los Angeles region, officials sayHosting Super Bowl expected to bring $500 million to Los Angeles region, officials sayInglewood Mayor James Butts and L.A. Mayor Eric Garcetti highlighted the economic benefits of hosting the Super Bowl, saying it is expected to generate about $500 million for the L.A. region.
Read more »



Render Time: 2025-03-04 19:29:43