Statement on Villa de Oro Project from John M. Sobrato

Media Contact: Daniela Ogden, dogden@sobrato.com 

“My father’s offer on behalf of the Sobrato Family Foundation of a five-year no-cost lease of the property on Via del Oro for interim housing is an admirable effort to help one of San Jose’s most vulnerable populations. It complements The Sobrato Organization’s broader Housing Security Initiative, a pilot program to address housing insecurity in Silicon Valley through a three-pronged approach that includes preservation, production, and pro-housing policy. While the Via del Oro project will provide immediate relief for the unhoused, we are concurrently advancing more permanent solutions such as our Foundation’s recent acquisition of the Townhomes on Gading in Hayward to ensure it remains as affordable housing.”