[External Email]
FW: Regional Housing Bond
City Clerk <[email protected]>
Wed 5/22/2024 12:51 PM
To:Rules and Open Government Committee Agendas <[email protected]> From: Nevada Merriman
Sent: Wednesday, May 22, 2024 12:32 PM
To: District9 <[email protected]>; District4 <[email protected]>; District 6 <[email protected]>; District1 <[email protected]>; District2 <[email protected]> Cc: Rocha, Vincent <[email protected]>; Alyssa Serrano City Clerk <[email protected]>; Mahan, Matt <[email protected]> Subject: Regional Housing Bond -
Some people who received this message don't often get email from Learn why this is important Dear Rules and Open Government Committee Members,
I am writing to express MidPen Housing’s support of the City of San Jose Rules and Open Government Committee adopting a resolution to endorse the Bay Area Regional Housing Bond on the November 5, 2024 ballot.
MidPen Housing is a nonprofit developer, owner, and manager of affordable housing and onsite resident services. Since 1970, we have developed over 130 communities and 9,400 homes for low-income households throughout Northern California. In San José, our portfolio includes 14 properties comprising over 1,200 units, with one 203-unit project in our pipeline.
The need for affordable housing in San Jose is immense. Over 54,000 low-income households in the County do not have access to an affordable home. We at MidPen see this firsthand, as our properties in the City of San Jose are currently facing over 7,000 waitlisted applications. This need extends across income levels and housing types.
The Bay Area-wide BAHFA bond on the November ballot will be a critical tool for addressing the housing crisis by investing robustly in production, preservation, and interim solutions. This is a historic political moment for the regional affordable housing movement and we urge the Council to formally take up a position of support for the ballot measure.
This is an opportunity to exercise leadership not only within the City, but across the Bay Area. As a regional developer and owner, we know that the housing crisis is regional in nature. We also know that leadership, innovation, and political will demonstrated in one local jurisdiction can have ripple effects in rallying decision makers in other jurisdictions to do the same.
We are committed to doing this work with you and we are excited by the opportunities ahead to create change at scale. We appreciate the work that our advocacy partners, City staff, Council, and Mayor are doing to engage in this dialogue together. Together we can make the regional bond a success in November and for years to come.
Thank you for your consideration and please feel free to contact me at or Sincerely,
5/22/24, 4 33 PM Mail Rules and Open Government Committee Agendas Outlook https //outlook office365 com/mail/rulescommitteeagenda@sanjoseca gov/inbox/id/AAQkADhhYzk3NTk1LTBmZDAtNDc4Yi1hN2Q0LTZjNmZjNTk5MT 1/2 This message is from outside the City email system. Do not open links or attachments from untrusted sources.
Nevada
Nevada V. Merriman I VP of Policy and Advocacy
MidPen Housing Corp.
She | Her | Hers
5/22/24, 4 33 PM Mail Rules and Open Government Committee Agendas Outlook https //outlook office365 com/mail/rulescommitteeagenda@sanjoseca gov/inbox/id/AAQkADhhYzk3NTk1LTBmZDAtNDc4Yi1hN2Q0LTZjNmZjNTk5MT 2/2