Here's some news from the December 9, 2008 meeting of the San Jose City Council.
Recommendation: Adopt a resolution reclassifying $200,000 of the project’s existing funding commitment to a predevelopment loan to Cornerstone at Japantown, L.P., or its designated affiliate, to finance predevelopment costs for the 53-unit Cornerstone at Japantown townhomes located at 851 North 10th Street and 899 North 10th Street, to be made available to extremely low-, very low- and low-income households. CEQA: Mitigated Negative Declaration (PDC07-025). Council District 3. SNI: 13th Street. (Housing) Resolution No. 74702 adopted.