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police are called and they empty it out but they come right back. There is <br />no oversight or management of this property. <br />o How could we as neighbors support this same land owner to continue <br />his irresponsible management of this property ? This excessive proposal <br />for 176 units is greedy, disingenuous and disrespectful to the neighbors. <br />o We have no confidence this project would be completed in any quality <br />manner. It hasn’t happened in over 30 years. Why now? <br /> <br />The 88-foot tall structure will yield around 124,500 square feet, with 111,200 square <br />feet for housing. Of the 178 units, 176 will be designated as affordable to low-income <br />households, and two will be market-rate residences for on-site managers. <br />Breakdown of proposed Affordability of the 176 units – who will be <br />monitoring this to ensure this landlord adheres to the proposed below <br />market rents? <br />31 Extremely Low Affordable Units (For Rent) <br />75 Very Low Affordable Units (For Rent) <br />70 Low Affordable Units (For Rent) <br />The 0.6-acre property extends from Vera Avenue to a mid-block alley on a block bound <br />by El Camino Real, Madison Avenue, and Adams Street. The development will consist of <br />mostly one-bedroom units aimed to attract young workers looking for a high-density <br />urban living experience, said developer Jake Lingo. <br />Lingo, who is with Integrated Community Development (based in Southern California) <br />said this is its first development in San Mateo County, though the real estate firm has <br />worked on multiple affordable housing developments and closely with the government <br />programs that provide financing. <br />Jake Lingo does not own this property; it is on the market for sale for $6,000,000 <br />and has been under contract for the last 9 – 10 months. <br />It is concerning that an out of area developer is telling us what our neighborhood <br />needs, on one hand he says he is marketing it “to attract young workers” and on <br />the other hand he says it is for Low, Very Low and Extremely Low income persons. <br />Since they are proposing to add 178 units that could be up to 356 cars that need a <br />place to park, and they are only planning on 6 spaces. <br />It seems to make more sense to have less units and more parking to attract the <br />type of people he says they are looking for to rent the apartments. How about 75 <br />units and 75 parking spots? It seems irresponsible and greedy to max out this <br />small 0.6 acre lot with the potential for over 356 people in our already overbuilt <br />neighborhood. <br />· The small roads that feed into El Camino Real (Madison/Vera) were not built to <br />handle large volumes of traffic. These roads are already being stretched by the <br />additional traffic from the recent development along El Camino Real <br />· There are frequent traffic snarls on El Camino Real, especially on weekdays which