Google loan, real estate deal bolster San Jose affordable homes

SAN JOSE — An affordable housing project in San Jose has moved closer to reality with a new loan and the developer’s purchase of the properties where the homes will be built.

The Kelsey Ayer Station has landed more financing from Google and the project’s developer has just completed a purchase of the properties needed for the 115-unit development, according to public documents filed in Santa Clara County on Jan. 15.

“Google has allowed us to accelerate our development plans and keep…


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