San Jose is offering public workers an opportunity to rent a subsidized one- and two-bedroom in a downtown high-rise.
Under a city partnership with The Fay, public employees will be given preference for an apartment in the building and have until July 15 to join the interest list to live in the tower recently purchased out of foreclosure and designated for middle-income workers.
The deal comes as San Jose – consistently ranked among the most unaffordable cities in the country– scrambles to meet state-mandated housing targets requiring it to permit at least 60,000 units by 2031. That goal represents the second-highest housing target in the Bay Area, trailing only San Francisco…