San Jose affordable housing tower secures financing for 2026 launch

mercurynews.com

An affordable housing tower with 220 units will break ground in downtown San Jose in early 2026 after securing full financing. The 15-story Gateway Tower at 470 South Market Street will offer residences for households earning 30% to 70% of the area median income, targeting essential workers. The project, located in the SoFA arts district, received funding from Santa Clara County, San Jose, and the California Housing Finance Authority and is expected to be completed in early 2028.


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San Jose affordable housing tower secures financing for 2026 launch | News Minimalist