This is exacerbating the region's traffic congestion, which is already among the worst in the nation. Government, community groups, and private industry must work together to develop solutions to complex problems such as these. Developments like this one are an important step toward building and reinforcing communities, as well as providing for continued positive growth. San Jose Mayor Ron Gonzales agreed. Linking affordable housing and public transportation makes sense for our city's residents and our economic prosperity.
Affordable housing is good for both employers and employees.
Convenient access to transit also means more time spent at home and in the community, not in traffic. Ohlone Chynoweth Commons is a transit-based, intergenerational complex that combines affordable housing and retail space with easy access to the Ohlone Chynoweth light rail station. The project sponsor, Eden Housing, Inc., is a nonprofit corporation founded in 1968 to support and develop affordable housing, provide social services, and create sustainable communities throughout Northern California. We will continue to work together with our community partners to create livable, sustainable communities in Silicon Valley and beyond. We at the Bank are proud to facilitate lending that helps create affordable housing and encourage community and economic development.