Endorsement of project at 1265 Montecito

November 1, 2022

Mountain View YIMBY is excited for the new affordable housing development at 1265 Montecito! Mountain View needs more affordable homes! 1265 Montecito Ave will be a new ground up 100% affordable 5-story 85-homes housing development with 45 on-grade parking stalls and 85 indoor, secured bike parking spaces on the 1.04 acre lot. That’s more bike parking than car parking (For those curious that’s a density of 83.18 units an acre, which is a pretty good use of space!)

Mountain View needs more affordable homes!

1265 Montecito Ave will be a new ground up 100% affordable 5-story 85-homes housing development with 45 on-grade parking stalls and 85 indoor, secured bike parking spaces on the 1.04 acre lot. That’s more bike parking than car parking (For those curious that’s a density of 83.18 units an acre, which is a pretty good use of space!)

This proposal includes a diverse range of housing types and options including a mix of 24 studios, 18 1-bedrooms, 21 2-bedrooms, and 22 3-bedrooms, including the staff unit.

Why it needs your support. These homes will be deeply affordable.

Affordability levels will range from 30% - 60% AMI with the average at 40% Area Median Income (AMI). This is the most deep level of affordability, that will help our most vulnerable community members. This kind of affordability is rare!