Read the full story here Web Link posted Wednesday, September 14, 2016, 12:27 PM
https://mv-voice.com/square/print/2016/09/14/city-putting-63m-toward-62-new-affordable-housing-units
Town Square
City putting $6.3M toward 62 new affordable housing units
Original post made on Sep 14, 2016
Read the full story here Web Link posted Wednesday, September 14, 2016, 12:27 PM
Comments
a resident of Shoreline West
on Sep 14, 2016 at 2:25 pm
The least they can do since they screwed over a whole town that use to be a really nice place to live.
a resident of Slater
on Sep 14, 2016 at 4:06 pm
Greg Coladonato is a registered user.
I happen to think that Mountain View is still a really nice place to live. Apparently lots of other people do too, judging by what it costs to rent an apartment or buy a house here.
a resident of Blossom Valley
on Sep 14, 2016 at 4:32 pm
Gotta side with Greg on this. Frankly, that figure is 6.3M more than I'm in favor of paying.
a resident of Waverly Park
on Sep 14, 2016 at 4:37 pm
Please include the address and, preferably, a map.
a resident of Old Mountain View
on Sep 14, 2016 at 4:50 pm
Greg David is a registered user.
I still fail to see how these subsidies are fair to the average taxpayer. I don't earn nearly enough to afford a home, or even a condo for that matter, in my hometown of Mountain View, yet I earn far too much for ANY sort of taxpayer funded handout....
a resident of Blossom Valley
on Sep 14, 2016 at 4:59 pm
Greg,
They aren't.
The larger question is what might the City spend that 6.3M on that doesn't involve taking money from you & me to subsidize something someone else can't afford?
a resident of Another Mountain View Neighborhood
on Sep 14, 2016 at 5:23 pm
More ignorant statements from the Right. Nice.
Developments include an in-lieu fee for affordable housing, which the City is finally getting around to spending (while property values are at an all time high). So, there is no "taking" of "your" money.
a resident of Rex Manor
on Sep 14, 2016 at 9:49 pm
I would still prefer to see that money spent on our struggling schools, which would help more people than the few who get to live in these apartments.
a resident of Castro City
on Sep 14, 2016 at 9:53 pm
Using Hetch Hetcy right of way for a pedestrian trail is clearly in the public's best interest. Using it as anything else is not. CLEARLY using Hetch Hetchy right of way for private parking and blocking a pedestrian trail is not in the public's interest, but it may be in the interest of other big developers who want to develop onto the right of way, Like near Target.
a resident of Another Mountain View Neighborhood
on Sep 14, 2016 at 9:58 pm
Did you realize that Google pays its employees a subsidy if they live within three miles of the MV office? There's a lot of your rise in housing prices right there.
a resident of North Whisman
on Sep 15, 2016 at 7:19 pm
Pretty sure Google does NOT pay its employees anything extra to live within 3 miles of main campus, or I would be getting said subsidy.
a resident of Another Mountain View Neighborhood
on Sep 15, 2016 at 11:37 pm
Facebook gives 10-15k to their employees to live close to the offices. Google could give a rat's *ss about what their traffic does to MV.
a resident of Old Mountain View
on Sep 16, 2016 at 11:56 am
Let me get this straight - $26 million for 62 units, including demolition of old town houses? That's an average of $420,000 per apartment. That seems ludicrously expensive per unit, I would love to know what costs so much - land, permits, labor, what? $420,000 buys you a beautiful house most places outside the bay area.
a resident of Rengstorff Park
on Sep 20, 2016 at 10:02 pm
All I hear is people talking about money. Think about the people who will be able to afford rent if this is built. Not only does MidPen provide housing but they aim to stabilize and improve their residents lives through onsite services, after school programs, health education and financial literacy. These developments change lives.