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Google announces $50 million loan for housing growth

Original post made on Jul 30, 2019

As the first piece of their $1 billion housing pledge, Google executives have announced the tech giant will invest $50 million in the Housing Trust Silicon Valley.

Read the full story here Web Link posted Monday, July 29, 2019, 8:17 AM

Comments (3)

9 people like this
Posted by Don't be EVIL Companies
a resident of Another Palo Alto neighborhood
on Jul 30, 2019 at 12:22 pm

"Google officials announced the company would invest $1 billion toward the goal of building 20,000 homes near its Silicon Valley offices. "

Now please put up the even greater amount of money to improve the infrastructure so that you are not, basically, being evil, and asking the existing residents who you will displace and whose quality of life you are already ruining to foot the bill before they have to move away.


3 people like this
Posted by Resident 1-Adobe Meadows
a resident of Adobe-Meadow
on Jul 30, 2019 at 3:54 pm

Resident 1-Adobe Meadows is a registered user.

I don't care what Google is doing as long it is in Mountain View going south to San Jose. What I do care about is what the City of Palo Alto is agreeing to in giving up our land. It is time for the City of PA to lay out what projects have been approved and are waiting to start. Then lay out the projects that are in the approval process which change the footprint of PA. I have concerns about the Palo Alto Business Park since we need that large parcel of mostly empty buildings to be conformed to meet our housing requirements for the state. That is the most logical location for new housing of every type that will meet our cities requirements - not some other organizations requirements. Weekly - time for you to have a sit down with the city and lay out what is happening over the city in total.

2 people like this
Posted by Resident 1-Adobe Meadows
a resident of Adobe-Meadow
on Aug 1, 2019 at 10:01 am

Resident 1-Adobe Meadows is a registered user.

We don't have to wait for the city or the PA Weekly to advise on the footprint of the PA business and housing sector. Read in the papers that the whole section of the business park at the end of Embarcadero Road has been sold to another entity who is going to further develop it. At least not Google. So that again shifts the algorithm that creates the housing to business calculation that the state has imposed on every city. That then creates the further discussion on housing and where it will transform the city. Where is the PACC and City management in this whole strategy of the business and housing quagmire?
Again the question is the status of the Palo Alto Business Park at the end of San Antonio Road? That immense section of land needs to have a dedicated section for housing for all levels of state requirements so that the city can satisfy the requirements imposed by the state. There will be a bridge for walkers and bikes - says the city - so the limitations of location will be reduced.
Come on city - fess up to what is going on so we do not have to read it in the papers after the fact.

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