San Jose City Council

The SVO Voices Opposition to Private Development Workforce Mandates, Support for Reduction of Inclusionary Housing Rental In-Lieu Fees

The average San Jose tenant would need to pay an additional 25% rent increase in order to make it economically feasible for new high-rise developments. These market conditions make it extremely difficult to meet the goals of Mayor Liccardo’s 15-point housing plan and work towards making rental housing more affordable for all San Jose residents.