With plans to sell a handful of city-owned properties and reinvest the proceeds into affordable housing, the Belmont City Council Tuesday approved a tenant relocation plan for the eight residents who currently occupy those properties.  

The properties are a single-family home at 30 Oxford Place and two condominium units at 3507 and 4606 Davey Glen Road plus a vacant property at 780 El Camino Real. The city acquired them from its redevelopment agency upon its dissolution, according to a staff report. The plan is to sell the properties to market-rate buyers and the reinvest the proceeds into affordable housing projects such as the Firehouse Square development proposal on El Camino Real or the LINC Housing project also on El Camino Real, said Jennifer Rose, an analyst in the city’s finance department.    

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(1) comment

Coralin

Cart before the horse!

Why doesn't the council build the affordable housing FIRST AND THEN move the low-to-moderate tenants at Oxford and Davey Glen to these new low-to-moderate housing after they build them?

Where are these people that will be forced to move out move to? Are there guaranteed places for them to move to?

Also the residents should have been interviewed. Totally one sided article.

So what is next? The historical Emmett House at 6th and O'Neil? Tenants living there are also in low-to-moderate housing so will they be forced to move unless they pay full price in the future?

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