![]() The measure specifically targets three areas: public safety, transportation and housing. The project can also get a boost from Measure K, the business tax that Palo Alto voters approved last November. Because project construction has yet to commence, that money can now be repurposed. One is to use the $1 million it was planning to spend on facility operations in the current fiscal year. The city has numerous options for meeting the additional obligations. "We have a funding gap, which is perhaps symptomatic of construction cost increases as well as industry supply chain issues," Shikada said during a March 20 update to the City Council. While the organization is expecting to chip in additional funds from its own coffers and from donations, the city is considering adding $2 million to address the shortfall, according to a report from City Manager Ed Shikada. While these elements are expected to save about $2 million, the 88-unit project is still facing a $6 million funding gap, according to LifeMoves. It would, however, reduce the number of common bathrooms from five to four. The new plan retains all 88 of the proposed apartments, which includes 24 units for families and 64 for individuals. The community dining area, which was initially envisioned as 2,000 square feet, is now proposed to be 1,200 square feet and the total area for support services would be reduced from 6,340 square feet to 4,940 square feet. It also eliminates one of the two elevators, reduces the number of offices for support services from 16 to nine and brings down the number of on-site parking spaces from 24 to 21. ![]() The revised plans eliminate the proposed photovoltaic system and electric vehicle chargers, which is expected to save $1.3 million. Even though the project last year received $26.6 million from the state's Homekey program to build the complex, the nonprofit is now requesting additional funding from the city and a deadline extension from the state. LifeMoves, which is spearheading the project at 1237 San Antonio Road, informed the city earlier this month that its projected costs for the Palo Alto project have once again gone up. Looking to contain rapidly rising costs, the nonprofit looking to build a residential complex for unhoused individuals near the Palo Alto Baylands is preparing to eliminate numerous proposed amenities and to solicit donations from the community. The proposed design for Palo Alto Homekey includes three-story buildings with 88 apartments for unhoused individuals and families.
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