September 16, 2021 – Rental rates for multifamily housing in Silicon Valley have increased over the 2020 dip, with a large share of renters paying more than 30% of their income for housing, according to Joint Venture’s Institute for Regional Studies. The Silicon Valley Multifamily Housing report provides a snapshot of the trends in the region’s housing market for residential structures with more than one dwelling unit in the same building.
“With the amount of multifamily housing currently under construction, it’s clear that our region is prioritizing high-density development and working to increase the number of units available,” Rachel Massaro, the Institute’s Director of Research.
September 10, 2021 - The City of Fremont has new 5G wireless services thanks to Joint Venture’s wireless communications initiative. Executive director David Witkowski provided counsel and conducted informational events, underscoring the socio-economic benefits of wireless technologies. Fremont Mayor Lily Mei serves as public sector co-chair of the wireless communications initiative.
This cutting edge technology will create opportunity and help bridge the digital divide with more affordable options for broadband access for consumers and households in the fourth largest city in the Bay Area. "I'm proud to have been part of facilitating this success story between City of Fremont and Verizon Wireless," said Witkowski.
September 12, 2021 - The Implementation Committee of the Recycling and Waste Reduction Commission of Santa Clara County has awarded $250,000 to Joint Venture’s food recovery initiative to oversee the launch of the first countywide food recovery program. Executive director Robin Martin and her team will guide county jurisdictions toward implementation of SB 1383, the first law in the nation mandating certain businesses to donate the maximum possible amounts of their surplus food.
September 12, 2021 - Santa Clara County has granted $54,000 to Joint Venture’s Institute for Regional Studies to conduct a two-part project focused on Silicon Valley families. The undertaking, championed by Supervisor Susan Ellenberg and pursued in partnership with the University of Washington, will model the impact of universal preschool on family finances and the greater regional economy. The project will also explore other aspects of early childhood education.
September 12, 2021 - The American writer and theologian, Frederick Buechner, notes that the English word "vocation" comes from the Latin word vocare, to call, which means the work a person is called to by God. Greg Kepferle, CEO of Catholic Charities of Santa Clara County cites Buechner as he reflects on his own calling. “If this job didn’t already exist, I would have invented it,” he says. Once on track to be a Jesuit priest, Kepferle now leads a staff of 460 people and 1,200 volunteers for the $41 million nonprofit that works to build economic self-sufficiency for the poor and vulnerable. The Bridge to Recovery program conceived and implemented at CCSCC has pivoted to Joint Venture’s new Building Back Better initiative.
Septembr 13, 2021 - At the urging of Joint Venture and its board, the California Energy Commission (CEC) has agreed to publish data on gasoline consumption for 375 California cities. The data reveals that Los Angeles and San Diego consume the most gasoline annually. Among Bay Area cities, San José ranks fifth statewide, San Francisco twelfth, and Oakland twenty-second. “Giving the public access to city-level data allows residents to track their community’s progress on clean air and climate goals, and to hold themselves accountable,” said Janelle London, executive director of Joint Venture’s Beyond Gasoline initiative.
September 13, 2021 - Joint Venture’s Institute for Regional Studies has added two new affiliate researchers to the team.
Alex Chen is a data scientist with Change Research, a Silicon Valley polling firm. He will manage the annual Silicon Valley poll and advise the Institute on survey research.
Ricky Manago a senior financial analyst for the JLL Transactions Team. He will advise the Institute on research and analysis related to commercial real estate.
September 13, 2021 - When the Bay Area implemented quarantines, school districts were faced with a massive challenge: how to support distance learning for students who lacked adequate broadband access. The pandemic didn’t cause the digital divide but it magnified a pre-existing condition.
The Santa Clara County Office of Education, in partnership with Joint Venture’s community broadband initiative, has published Broadband Networks for Addressing Distance Learning and Homework Gap Challenges. The paper examines the technology solutions available for rapid deployment, and makes recommendations.
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Comprehensive information and data about the Silicon Valley ecosystem is always available at www.siliconvalleyindicators.org.
Data and charts from the Silicon Valley Index (and more) are presented on an interactive website that allows users to explore Silicon Valley trends. Indicators are presented by the Institute for Regional Studies. Housed within Joint Venture Silicon Valley, the Institute provides data and analysis on issues facing dense metropolitan regions.
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