”
How is it the Forest Park development can sell
– or are they selling – the low income houses at auction? If
they are, are they selling to only low income people. Thank
you.
”
Money will help nonprofit complete low-income housing
“How is it the Forest Park development can sell – or are they selling – the low income houses at auction? If they are, are they selling to only low income people. Thank you.”
Dear Can They do That?
In short no. South County Housing is selling it’s remaining market-rate homes at auction to raise money to help the nonprofit agency subsidize the rest of its 210-unit Cannery Project, nearly half of which target low income residents. So relax good caller, those are not low-income units being auctioned off. That auction will be held at noon Saturday, April 20 at the Doubletree Hotel in San Jose. To register, visit
