{"id":63945,"date":"2026-02-27T09:30:06","date_gmt":"2026-02-27T17:30:06","guid":{"rendered":"https:\/\/vietvalley.com\/san-jose-looks-to-housing-vouchers-to-fill-mostly-vacant-high-rise\/"},"modified":"2026-02-27T09:30:06","modified_gmt":"2026-02-27T17:30:06","slug":"san-jose-looks-to-housing-vouchers-to-fill-mostly-vacant-high-rise","status":"publish","type":"post","link":"https:\/\/vietvalley.com\/en\/san-jose-looks-to-housing-vouchers-to-fill-mostly-vacant-high-rise\/","title":{"rendered":"San Jose looks to housing vouchers to fill mostly vacant high-rise"},"content":{"rendered":"
With the launch of a new housing voucher program, San Jose intends to strike two birds with one stone: Provide below-market rate homes downtown and stabilize a financially struggling residential complex. Under the first rollout of the Lower Income Voucher and Equity Program, approved by the City Council Tuesday, San Jose will provide up to $11.2 million to subsidize rents for 197 apartments at the 23-story glass-walled high-rise in the SoFA District. The property at 10 East Reed St., known as The Fay, is a luxury apartment complex that first opened in 2024. Since then, it has struggled to fill…\u00a0<\/p>\n