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A Silicon Valley billionaire John Sobrato is leasing a 2-acre plot of private land for $1 a year to help address the Bay Area s housing crisis

John Sobrato (inset), 84, has offered the San Jose City Council the opportunity to construct a 150-bed solar-powered temporary housing complex on Via Del Oro.

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Silicon Valley developer John Sobrato providing land to San Jose to build tiny homes for homeless

San Jose will lease The Sobrato Organization's private land for $1 a year to build a 150-bed tiny home community for the unhoused.

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Billionaire John Sobrato Is Leasing His Land for $1 to Tackle Homelessness

John Sobrato, a Silicon Valley real estate developer, is experimenting with a new way to tackle homelessness in the Bay Area. For just $1 annually, the…

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Sobrato Buys Apartments in Santa Clara to Keep Rents Low

Company launches initiative that combines development, capital markets and charity to address affordability in Silicon Valley.

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One of Bay Area s largest homeless shelters to launch in Redwood City

With 200-square-foot prefabricated apartments resembling shipping containers stacked three stories high, the facility cost about $57 million to build.

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