The project — which may be reduced to 67 units — is targeted to the low-, very low- and extremely low-income brackets, with a mix of one-, two- and three-bedroom units. The site was purchased by the coalition using a $5.3 million loan from the city.
“The housing need in the county is so great and the shortage of affordable units is really at a crisis point, so the more we can build, the better we are,” Mid-Pen Project Manager Yoomie Ahn said.
Because it is planned to house low-income residents, the project qualifies for California density bonuses, which allows a 35 percent increase in units and bumps the number of units up to at least 67 units from the original 50.
The bonus also allows the designers to drop 37 parking spaces from the original allotment of 128, but Ahn said that won’t present a parking issue because the site is targeted at low-income families who typically have 1 to 1.5 vehicles per household.
“Their target incomes are very low, and considering how low it is, the idea that they might have the need for multiple cars is not as much of a concern for us,” Chin said.
Chin said the lack of parking spaces would also tie into the city’s plans for the site to be transit-oriented, as it bordered on the east and west by Caltrain tracks and El Camino Real respectively.
On the site is 2,698 square feet of commercial space that Ahn says she hopes will become a business to ultimately serve the low-income residents of the complex, such as a dry cleaners, medical office — similar to the Immediate Care office already on the site — or small shop where public transportation users can purchase coffee, newspapers and other small items.
The study session will be held at 7:30 p.m. Tuesday, in Council Chambers, 330 West 20th Ave.