March 16, 2025

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Property

Santa Clara County property value growth is slow

The total assessed value of all properties in Santa Clara County has increased, but revenue isn’t enough to keep up with cost of services. According to the 2024 Assessment Roll, Santa Clara County’s assessed property value is $696.8 billion and has grown by $35.6 billion, or 5.4%, from last year. That growth rate isn’t fast

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Funds

Advocates say San Jose is misusing opioid settlement funds

San Jose has received more than $1 million from opioid makers and distributors after major companies settled a lawsuit with cities and states wanting to hold them accountable for the opioid epidemic — but advocates are not happy with the proposed use of the funds. Criminal justice and mental health advocates said the ongoing funds

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Funds

San Jose shifts affordable housing funds to tackle waterway encampments

San Jose leaders have dealt a blow to affordable housing advocates after diverting affordable housing funds to temporarily shelter homeless residents living along city waterways. The San Jose City Council voted unanimously Tuesday to redirect affordable housing funds from Measure E. They also unanimously approved Mayor Matt Mahan’s June budget message, which includes proposals for

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Funds

UPDATE: San Jose residents speak out against diverting affordable housing funds

In the face of the growing housing crisis, San Jose residents are urging elected officials to preserve funds for permanent affordable housing. The San Jose City Council is considering reallocating housing funds from Measure E, a property transfer tax approved by voters in 2020, to instead support and shelter homeless residents in the short term.

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