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Public record / Housing

San José approved Tamien affordable-housing financing

San José Council approved financing measures for the 135-unit Tamien Station affordable-housing building; the vote was not the project’s initial land-use entitlement. S1

Financing approvedRecorded May 16, 2023
Editorial illustration · not a photograph of the property
01 / The recorded outcome

What happened

May 16, 2023 Council minutes identify item 3.4 for the 1197 Lick Avenue, 135-unit affordable project and record approval of Resolutions RES2023-150, -151 and -152 and Ordinance 30911 on a 10–0–1 vote S1. The action included a note-financing ceiling and amended City construction/permanent loan terms S1. The City’s project page places the building within the wider Tamien Station development S2; VTA later announced a January 2026 grand opening for the 135 homes S3.

Decision on recordSan José Council approved financing measures for the 135-unit Tamien Station affordable-housing building; the vote was not the project’s initial land-use entitlement. S1
02 / People and public bodies

Who acted in the record

San José City Councilpublic financing decision body

Approved item 3.4 financing measures 10–0–1 on May 16, 2023. S1

Councilmembers Cohen and Kameimotion and second in official minutes

Cohen moved and Kamei seconded the financing action. S1

03 / A retrospective walkthrough

How RealClear would approach this site

Historical reconstruction: RealClear was not involved in this proceeding. This illustrates a one-property review of public records; it does not predict votes or private motives.

What did this Council vote unlock?

Record to read
Item 3.4 minutes, financing resolutions and separate planning approvals
Constraint to test
Funding commitment and land-use entitlement are different approvals.
Next action
Trace loan conditions, then cross-check occupancy against VTA’s later announcement.
S1S2S3
04 / What this record does not establish

The boundary of the finding

  • The approved note ceiling is a financing instrument, not an expenditure or guarantee of completion.
  • VTA announcement is a later official status report, not the original Council act.

Latest cited status: Financing approved May 16, 2023; VTA reported a grand opening in January 2026.

One property. A dated record. A clearer next move.

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