This month, we are underscoring why developer membership matters more than ever—fueling stronger advocacy, expanding production opportunities, and safeguarding the policies and funding that make deeply affordable homes possible. You will also find an update on San José’s IHO revisions (now pushed to January), plus new funding opportunities, essential policy resources, and upcoming events to keep you informed and plugged in.

SV@Home Membership 

SV@Home’s advocacy depends on strong partnership with the affordable development community. As costs rise and funding narrows, your membership keeps us at the table—advancing policies that unlock production, streamline approvals, protect vital funding, and respond quickly to emerging potential threats, like the recent IHO revisions is San Jose.

Membership offers practical benefits: project endorsements, tailored policy support, coordinated advocacy, free tickets to SV@Home events, and visibility across our communications and events. If an organizational membership is not feasible, individuals can join too. Not sure if your organization is a member? Check here: Become a Member with SV@Home. As we enter a pivotal year, we hope you’ll stand with us to keep our collective voice strong and heard.

Update on San Jose’s IHO Revisions

Earlier this month, at the City’s Rules & Open Government Committee, SV@Home—working alongside local advocates and community partners—helped ensure that discussions about revisions to the Inclusionary Housing Ordinance (IHO) will be grounded in the City’s forthcoming Cost of Development Study. This approach positions the Council to work from a more accurate understanding of how proposed changes could influence feasibility, funding, and the production of deeply affordable homes.

With the revised ordinance expected to return to Council early in the new year, our collective effort now shifts toward ensuring that decision-makers hear directly from development partners about the real-world implications for project financing and housing production. We will share the confirmed January hearing date as soon as it becomes available and look forward to continuing our partnership to strengthen one of San José’s most important local tools for affordable housing.

Funding Opportunities

Explore these new funding sources for affordable housing development:

• NEW: Measure E Refund Survey
  • The City of San José previously offered a Measure E Refund Pilot Program, allowing affordable housing developers and qualifying nonprofits to request refunds on transfer taxes for eligible acquisitions—but the program sunset in 2024, and it’s unclear how many developers were aware of it or able to use it. To help assess its impact and whether a future refund option could be useful, we’re gathering quick feedback from organizations that acquired/transferred property in San José between December 2021 and June 2024. 

If this applies to you, please complete our short survey:

• San Jose NOFA– 2025 Update
  • The City of San José has launched a rolling RFP for its Gap Financing Program, accompanied by updated underwriting guidelines. Projects submitted will be publicly scored, with top proposals prioritized for funding and the remainder added to a new waitlist.
• Homekey+ and Tribal Homekey+
  • The State of California has launched two parallel funding programs to expand Permanent Supportive Housing for individuals experiencing or at risk of homelessness with behavioral health challenges. The Homekey+ NOFA provides $2.145 billion for projects serving veterans and other individuals with behavioral health needs, and the Tribal Homekey+ NOFA allocates $121 million specifically for Tribes and Tribal Entities.

News and Resources

Access important resources and guidance for affordable housing development:

• ICE Response Resources
  • At SV@Home, we are committed to providing developers with the resources necessary to effectively train staff on how to respond to potential ICE raids. Here we have compiled a list of available resources to help navigate these challenges.
• NEW: Terner Center – CalAIM Implementation Insights for PSH Developers
  • The Terner Center has released new research on how affordable housing developers are leveraging CalAIM to fund supportive services in Permanent Supportive Housing—highlighting real strategies from MidPen, Jamboree, and RH Community Builders. 
• New: Terner Center 2025 Housing Supply & Land Use Legislative Round-Up
  • Terner Center’s latest legislative round-up breaks down the biggest housing and land-use reforms signed into law in 2025—from major CEQA streamlining (AB 130 & SB 131) to stronger transit-oriented development rules (SB 79) and new tools for adaptive reuse, ADUs, and permit streamlining. This overview is a quick way for developers to understand what’s changed, what’s coming, and how new state laws will reshape production opportunities in the year ahead.
• NEW: Campbell Advances Affordable Housing Through Policy Updates
  • The City of Campbell is moving forward with meaningful updates to support affordable housing by extending entitlement periods for 100% affordable projects from three to five years, and waive ground-floor commercial requirements for 100% affordable developments —reducing barriers, lowering costs, and helping projects move more quickly.