{"id":51587,"date":"2024-06-18T20:17:57","date_gmt":"2024-06-19T03:17:57","guid":{"rendered":"https:\/\/vietvalley.com\/san-jose-parks-lose-millions-as-developers-get-tax-break\/"},"modified":"2024-06-18T20:17:57","modified_gmt":"2024-06-19T03:17:57","slug":"san-jose-parks-lose-millions-as-developers-get-tax-break","status":"publish","type":"post","link":"https:\/\/vietvalley.com\/en\/san-jose-parks-lose-millions-as-developers-get-tax-break\/","title":{"rendered":"San Jose parks lose millions as developers get tax break"},"content":{"rendered":"<p>San Jose is cutting taxes and fees for at least 14 high-rise development projects or more than 4,000 homes in downtown. The San Jose City Council on Tuesday voted unanimously to extend the existing Downtown Residential High-Rise Program to reduce developer costs in an effort to spark more incentives for housing construction. Under the new program, developers who build the first 2,000 homes receive a 100% cut in construction taxes and a 50% reduction in park fees. The next 2,000 homes developed will receive a 50% cut in construction taxes and a 30% cut in park fees. But some community&hellip;\u00a0<\/p>\n<p><a href=\"https:\/\/sanjosespotlight.com\/san-jose-parks-lose-millions-as-developers-get-tax-break\/\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a> @San Jose Spotlight<\/p>","protected":false},"excerpt":{"rendered":"<p>San Jose is cutting taxes and fees for at least 14 high-rise development projects or more than 4,000 homes in downtown. The San Jose City Council on Tuesday voted unanimously to extend the existing Downtown Residential High-Rise Program to reduce developer costs in an effort to spark more incentives for housing construction. Under the new &hellip;<\/p>","protected":false},"author":0,"featured_media":51588,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[82,254],"tags":[246],"class_list":["post-51587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-society","category-english","tag-english"],"_links":{"self":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts\/51587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/comments?post=51587"}],"version-history":[{"count":0,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/posts\/51587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/media\/51588"}],"wp:attachment":[{"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/media?parent=51587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/categories?post=51587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vietvalley.com\/en\/wp-json\/wp\/v2\/tags?post=51587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}