Town Square

Post a New Topic

City's housing program under fire

Original post made on Jan 9, 2010

After 10 years on the books and a serious legal challenge, the "Below Market Rate" fee assessed on larger-scale development projects to subsidize housing for low income residents appears ready for a makeover.

Read the full story here Web Link posted Friday, January 8, 2010, 12:00 AM

Comments (2)

Posted by Petya Georgieva, a resident of Monta Loma
on Jan 9, 2010 at 6:24 pm

Dear Sir/Madam,

After reading this article I felt that I have to share something with the audience.
We are very loyal residents for the City of Mountain View for 10 years, and still can not buy a property at reasonable price.Like every family with young kids we have huge motivation to have own home.My desire is there to be avialable more affordable properties for the first time buyers build by the city for their long time residents. Families with moderate, stable income that are not eligible to purchase BMR unit, and at the same time can not afford to buy one of the beautiful new Miramonte Townhouses to have more housing opportunities.
Just a thoughts!

Thank you for your time!


Posted by Joe V, a resident of Rex Manor
on Jan 12, 2010 at 9:57 am

You want to develop 40, 60 acres in Mt View, you need to pay for the privilege of the profit you're going to make! Welcome to the big leagues boys!!

It isn't new....Maybe you could just build a fire station, or PUBLIC park, or re-pave a couple of miles of El Camino, or whatever developers of fine communities have done FOREVER.

Good Heavens!! My wife needs a new BMW after all!!


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Veggie Grill coming soon to Mountain View's San Antonio Center
By Elena Kadvany | 24 comments | 3,564 views

Is HBO's Silicon Valley Any Good?
By Anita Felicelli | 23 comments | 2,363 views

Finding mentors in would-be bosses
By Jessica T | 0 comments | 2,022 views

The No Sweat Way to Bike to Work
By Janet Lafleur | 9 comments | 1,949 views

Analyze data yourself with R - a fast growing language for statistics, forecasting and graphs
By Angela Hey | 1 comment | 1,445 views