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New Development Opens for Seniors

Fairgrounds Affordable Housing Development to Provide Approximately 200 Units for Extremely Low-Income Seniors

WHAT:
The County of Santa Clara, the City of San Jose, ROEM Development Corporation, and the Housing Authority of the County of Santa Clara will gather together to celebrate the grand opening of Corde Terra Senior, an affordable senior housing project at the Fairgrounds. 

WHO:
George Shirakawa, Board of Supervisors, County of Santa Clara, District 2
Madison Nguyen, Councilmember, City of San Jose, District 7
Robert Emami, President, ROEM Corporation
Alex Sanchez, Executive Director, Housing Authority of the County of Santa Clara
Brian Dale, Director, Citi Community Capital
Jeffrey Weiss, Senior Vice President, Alliant Capital
Kristen Clements, Manager, City of San Jose Housing Department 

WHEN:
Friday, February 19, 2010, 3:00-5:00 PM 

WHERE:
2555 Corde Terra Circle, San Jose (approximately three miles south of downtown San Jose between the 101 and 87 Freeways on Tully Road) 

WHY:
Providing affordable housing is a key goal of the County of Santa Clara and the City of San Jose. Corde Terra Senior is a single four story wood framed building that provides approximately 200 units for the extremely low-income seniors in Santa Clara County. This development is the third and last phase of the Fairgrounds Affordable Housing Project that started in 2005. The first phase, Corde Terra Village Apartments, a 300-unit development, and the second phase, Villas at Corde Terra, 43 detached market rate homes, were completed in 2007. 

Media Contact: Gwendolyn Mitchell/Lingxia Meng, Office of Public Affairs, (408) 299-5119;
Theresa A. Hayes, City of San Jose-Housing, (408) 535-8234; Erin Caputo, ROEM Development Corporation, (408) 984-5600 *17
Posted: February 18, 2010