Affordable Housing

By Rosemary Stasek

I will continue to work on the local, regional and national levels to make sure that every part of the community - government, corporate, and non-profit - is focused on looking for every possible solution to maintain housing for an economically diverse community.

I have supported increased density of housing along transit corridors. I voted for a Below Market Rate ordinance with priority for public safety personnel. I have supported using our affordable housing dollars to save subsidized apartment complexes from reverting to market rate. I have used my Mayoral corporate visits to urge business support of the Housing Trust Fund. I have met with local apartment owners to urge their involvement in local initiatives to ease the housing crisis for at-risk residents. I am a vocal supporter of our latest initiative to build an efficiency studio apartment building in the city.  I have served on the steering committee of the Silicon Valley Manufacturing Group/Greenbelt Alliance Housing Solutions Report.

Since my initial campaign four years ago, I have been in favor of increasing ownership opportunities at a variety of price levels for Mountain View residents. A specific example is one phase of the Crossings project. Originally designed as a combination of rental and ownership units, the developer discovered that financing was not available for this type of project and came to Council requesting to convert it to all rental. I was vocal in proposing that it be converted to all ownership to increase our stock of multiple-family ownership units.

The first project to be subject to the Below Market Rate ordinance has just been approved and will generate nearly 1 million dollars which can be leveraged with state, federal and non-profit funding to build over 40 units of affordable housing in the city.

I will continue to work on the local, regional and national levels to make sure that every part of the community - government, corporate, and non-profit - is focused on looking for every possible solution to maintain housing for an economically diverse community.