August 12th, 2024
Santa Clara County Housing Authority (SCCHA)
City Council
Meeting
Buena Vista
Commons
Project Goals and Guiding Principles
Improve
amenities
and utilities
Preserve
ownership
Housing
remains
affordable
Housing for
all current
residents/
families
#1
#2
#3 #4
Milestone Schedule
June
2024
Applied for
federal PRICE
program funds.
Study session at
City Council.
Appraisals
ongoing.
July
2024
Re-engaged Project
Sentinel as resource
for residents.
Updated appraisals
reviewed by third-
party, translated, and
final offers shared w/
residents.
August
2024
SCCHA Board approved
final commitment, for a
total of $60M.
Apply for Tax Credits
and Tax-Exempt
bonds in the amount of
$58M.
Individual household
meetings begin.
Late
2024/Early
2025
Begin resident
temporary
relocation.
2025
Apartment and mobile
home construction
commences in
Summer 2025.
Q1 2026
Completion of
mobile home park
construction;
residents return
to their homes.
Q1 2027
Completion of
Apartments;
residents return
to their homes.
Everyone has a home at
Buena Vista!