Housing officials report that the number of new housing units completed and occupied under Measure A is not quite 25% of the bond's goal of 4,800 new affordable housing units set in 2016.
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Santa Clara County will receive $16.7 million to buy and convert the Crestview Hotel in Mountain View into 48 housing units for chronically homeless residents, homeless youth and young people at risk of becoming homeless. The county has already approved spending roughly $23 million on the project in addition to the state funding, which means each apartment unit will cost approximately $827,000.
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