General
Public Hearing June 27, 2024: SCCHA’s Application to HUD PRICE Grant Program
June 12, 2024
| General
The Santa Clara County Housing Authority Announces AA- Credit Bond Rating by Standard & Poor’s (S&P) Global Ratings
June 6, 2024
| General | Press Release
The Santa Clara County Housing Authority is proud to announce that it received a prestigious AA- credit rating from Standard & Poor’s (S&P) Global Ratings, reflecting the agency’s extremely strong management and financial performance. The AA- credit rating not only validates the Housing Authority’s past achievements but also positions the agency for future growth. The rating will also enhance the authority’s ability to secure favorable financing terms, attract investment, and expand its housing programs to benefit more families in need of affordable housing options in Santa Clara County.
US Housing and Urban Development Leaders Visit Santa Clara County Affordable Housing Successes
February 9, 2024
| General | Press Release
Santa Clara County Housing Authority Shares Innovations in Affordable Housing while hosting Housing Urban Development (HUD) Principal Deputy Assistant Secretary Richard Monocchio and other HUD officials for a full-day tour and discussion of affordable housing needs in Santa Clara County
Santa Clara County Housing Authority kicks off 2024 with acquisition of another property to preserve affordable housing for families in San Jose
January 30, 2024
| General | Press Release
The Santa Clara County Housing Authority proudly announces the purchase of Rincón de los Esteros Family Apartments, a 246-unit multi-family property located at 1780 Oakland Rd, San Jose, CA 95131, marking a significant milestone in the organization’s broader strategy to expand its portfolio of affordable housing options and ensure the long-term sustainability of affordable housing for Santa Clara County.
The Santa Clara County Housing Authority received the largest funding award through the MORE Program of all 25 projects throughout the state for Buena Vista Mobile Home Park in the City of Palo Alto, totaling $24,595,646. The Housing Authority previously received a grant of $5 million from the State of California’s CalHome program which enables low- and very low-income households to become or remain homeowners.
The Santa Clara County Housing Authority receives $24 million to preserve mobile home community in Palo Alto for affordable housing
December 21, 2023
| General | Press Release
The Santa Clara County Housing Authority is pleased to announce a significant milestone in its efforts to preserve and improve the Buena Vista Mobile Home Park, in Palo Alto, CA. The California Department of Housing and Community Development (HCD) issued the first-ever round of awards from a pioneering state program, called the Manufactured Housing Opportunity & Revitalization Program (MORE), which is designed to improve health and safety conditions at mobile homes parks across California.
The Santa Clara County Housing Authority received the largest funding award through the MORE Program of all 25 projects throughout the state for Buena Vista Mobile Home Park in the City of Palo Alto, totaling $24,595,646. The Housing Authority previously received a grant of $5 million from the State of California’s CalHome program which enables low- and very low-income households to become or remain homeowners.
Santa Clara County Housing Authority awarded $25 Million in competitive Low-Income Housing Tax Credits
July 26, 2023
| General | Press Release
Today, The California Tax Credit Allocation Committee announced that Santa Clara County Housing Authority would receive a highly competitive Low-Income Housing Tax Credits (LIHTC) award for $25 million for an 89-unit senior housing development in San Jose called Alvarado Park. The California Tax Credit Allocation Committee approved 27 projects that will produce 1,388 housing units throughout the state.
"We are thrilled to move this housing community forward, Alvarado Park will provide seniors with quality affordable housing that allows them to age in place. These highly competitive resources awarded at the state level are critical in leveraging local partnerships including funding from Measure A. Together, we are working to address the affordable housing shortage in Santa Clara County," said Preston Prince, Executive Director at Santa Clara County Housing Authority.
Santa Clara County Housing Authority Announces Acquisition of Two Affordable Housing Properties in East San José
July 19, 2023
| General | Press Release
Santa Clara County Housing Authority (SCCHA) announces the successful acquisition of two affordable housing properties in East San José. This significant milestone strengthens SCCHA's commitment to providing safe, stable, and affordable housing options for the Santa Clara County community. The acquisition of these properties exemplifies SCCHA's dedication to positively impacting our residents' lives and enhancing the quality of affordable housing throughout Santa Clara County.