#apartmentprojects
San Jose Approves $4.1M Tax Cut, Raises Home Incentive Limit
San Jose is taking major steps to ramp up housing development by expanding financial incentives aimed at drawing more residential builders into the city. In a unanimous vote on May 13, city leaders approved a boost to its multifamily housing incentive program, increasing the cap on eligible new homes from 1,500 to 1,800 units. Under this initiative, developers can qualify for a 50% reduction in commercial, residential, mobile home park, and building and structure taxes through the end of the yea
San Jose Approves $4.1M Tax Cut, Raises Home Incentive Limit
San Jose is taking major steps to ramp up housing development by expanding financial incentives aimed at drawing more residential builders into the city. In a unanimous vote on May 13, city leaders approved a boost to its multifamily housing incentive program, increasing the cap on eligible new homes from 1,500 to 1,800 units. Under this initiative, developers can qualify for a 50% reduction in commercial, residential, mobile home park, and building and structure taxes through the end of the yea









