On behalf of The Silicon Valley Organization (The SVO), we are writing in opposition to a proposal to move the timing of mayoral elections away from the gubernatorial election cycle.
As the rising costs of land, labor, and construction materials continues to stall residential housing projects, the City of San José must explore options to reduce taxes and fees in order to improve the feasibility of housing projects.
We remain firm in our opposition of commercial linkage fees, as the fee structure could create disincentives for employers to add jobs and would worsen San Jose’s already poor “jobs-to-housing” imbalance. We still believe that the key systemic solution to addressing our unprecedented housing crisis is to drastically increase housing supply at all income levels throughout the region.
We have reviewed the policy nominations put forward in the staff memorandum and we believe that the following policies should be prioritized, in the following order, to support economic growth in the City of San José