Overview
- The Tamien Station project in San Jose features 135 affordable apartments, with units ranging from one to three bedrooms.
- 67 of the units are designated for rapid rehousing to transition individuals and families out of homelessness.
- The apartments are priced for renters earning 30% to 60% of the area median income, equating to $38,700 to $77,400 for single-person households.
- This development is the first transit-oriented housing project on VTA property in 25 years, with plans for nine additional projects countywide.
- VTA's housing initiatives generate $5 million annually in ground lease revenue, with potential to reach $30 million as more developments are completed.