San Jose City Council Votes to Give Developers Large Financial Benefit
On Tuesday, the San Jose City Council voted unanimously to give developers a large financial benefit by effectively delaying the implementation of the city’s Inclusionary Housing Ordinance (IHO). Years ago, San Jose passed an Inclusionary Housing law to require market-rate housing developers to build a portion of their projects to be affordable to low-to-moderate income families. However, that ordinance was…