Community & Economic Development Committee (CED), June 15, 2026
Recommends approval: Acceptance of Affordable Multifamily Housing Loan Portfolio Audit, passed
What happened
On June 15, 2026, the Community & Economic Development Committee (CED) recommended approval of Acceptance of Affordable Multifamily Housing Loan Portfolio Audit.
This was a Community & Economic Development Committee meeting in San Jose focused on report acceptances rather than land-use entitlements; no rezonings were decided.
- Jurisdiction
- San Jose, CA
- Governing body
- Advisory (makes a recommendation)
- Date
- June 15, 2026
- Decisions
- 3 zoning decisions
- Outcome
- Recommends approval, passed
- Next step
- Final board vote (pending)
Free sample: decision 1 of 3
Acceptance of Affordable Multifamily Housing Loan Portfolio Audit
Committee accepted the City Auditor's audit report ('Affordable Multifamily Housing Loan Portfolio, Clearer Goals, and Stronger Oversight Would Improve Monitoring') with nine recommendations, and cross-referenced it to the August 18th council meeting. Portfolio exceeds $745 million across ~220 properties and nearly 25,000 units.
- Cross-reference to August 18th council meeting
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Key Decisions (3)
Acceptance of Affordable Multifamily Housing Loan Portfolio Audit
Acceptance of 'Building More Housing' Focus Area Status Report
Acceptance of 'Growing Our Economy' Focus Area Report
Full write-ups and conditions for all 3 decisions in Pro.
Development Activity (8)
STACK data center, North San Jose
Industrial
LS Power project
Infrastructure
Prologis exclusive negotiating agreement project
Commercial
5 additional development records with full detail in Pro.
Market Signals (7)
Housing Demand
Since the multifamily housing incentive program was approved in December…
Infrastructure
PG&E energization delays — including utility as-built drawing conflicts requiring…
Commercial Demand
Downtown San Jose attracted six new ground-floor businesses including a…
4 additional market signals with full detail in Pro.
Who spoke
15 distinct speakers; 12 identified names.
All speaker roles: 2 Unknown, 8 Staff, 1 Clerk, 1 Chair, 3 Councilmember.
Identified name roles: 8 Staff, 1 Chair, 3 Councilmember.
Speaker sample: Erica Grafo, Staff.
11 more identified names in Pro: 7 Staff, 1 Chair, 3 Councilmember.
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Meeting audio
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Zoning terms (7)
14 recorded timestamps
- approved (3 timestamps)
- adu (1 timestamps)
- land use (2 timestamps)
- residential (3 timestamps)
- environmental review (1 timestamps)
- commercial (3 timestamps)
Decision moments (3)
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3 recorded decisions, 1 conditions across 1 decisions. Available full write-ups are included with Pro for San Jose.
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