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ULI SF San Francisco Mountain View TAP
Middle Income Housing
Resumen
The panel evaluated three scenarios: townhomes, five-story multi-family condominiums, and eight-story condominiums, each with different unit counts and financial implications. The City will need to address parking requirements, affordability restrictions, and funding gaps through tools such as down payment assistance programs and public financing.
Next steps include engaging developers and economic consultants to refine these concepts and ensure that long-term affordability is both sustainable and attractive to moderate-income buyers. If implemented, this initiative could provide a much-needed pathway to homeownership for Mountain View's essential workforce and help stabilize the community for years to come.
The panel evaluated three scenarios: townhomes, five-story multi-family condominiums, and eight-story condominiums, each with different unit counts and financial implications. The City will need to address parking requirements, affordability restrictions, and funding gaps through tools such as down payment assistance programs and public financing.
Next steps include engaging developers and economic consultants to refine these concepts and ensure that long-term affordability is both sustainable and attractive to moderate-income buyers. If implemented, this initiative could provide a much-needed pathway to homeownership for Mountain View's essential workforce and help stabilize the community for years to come.