New Affordable Housing Opens in San Jose

New Affordable Housing Opens in San Jose

July 23, 2024

The City of San Jose has a new affordable housing complex on Almaden Boulevard! Arya, formerly known as San Jose Market, is now open and provides 87 much-needed affordable homes for the Silicon Valley.

Arya serves very low-income residents earning 30-60 percent of Area Median Income. The development is supported by more than $12.7 million from the Affordable Housing and Sustainable Communities program, which is jointly administered by HCD and the Strategic Growth Council. This eight-story project was developed by Satellite Affordable Housing Associates and is their first project in San Jose.

HCD also awarded Arya more than $3.5 million from the Infill Infrastructure Grant program, providing the funding necessary to improve infrastructure and create a safe and sustainable environment for residents. This Capital Improvement Project included sanitary sewer, potable water, and joint trench costs for utilities; 40 parking spaces in a podium garage; 44 bicycle parking spaces; demolition of an existing parking lot; grading and erosion/weed control; sidewalk improvements including replacing sidewalk, curb, and gutter; and hazardous materials mitigation measures requiring a grade-level vapor barrier.

Today, Arya residents can enjoy a beautiful terrace garden, free wireless internet throughout the building, and a community room for get-togethers and events. Arya is located close to many amenities and is within walking distance of public transit in Downtown San Jose.

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