Palo Alto Housing Names Randy Tsuda President & CEO
PALO ALTO, Calif. – (RealEstateRama) — Palo Alto Housing (PAH), a leading developer and manager of low- and moderate-income housing in the San Francisco Bay Area, announced today that Randy Tsuda has been named President and Chief Executive Officer. Tsuda is currently the Community Development Director of the City of Mountain View. He will begin at PAH on November 14th.
“Randy has led the way to bring more affordable housing to the City of Mountain View,” said Sheryl Klein, PAH Board chair. “We have worked closely with Randy on our four Mountain View projects and saw first-hand his level of integrity, professionalism and commitment to affordable housing. We are thrilled that Randy will be Palo Alto Housing’s new CEO and are confident that he will be a great asset to our organization and the communities we serve,” Klein said.
Tsuda has led the City of Mountain View’s Community Development Department (CDD) since 2008. His career includes experience in the public, private and non-profit sectors and he has more than 20 years of experience in city planning, including four years as the Assistant Community Development Director in Los Gatos. In addition to his community development background, Tsuda also was Director of Corporate Real Estate for a technology company for five years and a lecturer for seven years in the Urban and Regional Planning program at San Jose State University.
This past May, Tsuda received the “Bringing It Home” award from SV@Home, a non-profit policy and advocacy organization focused on increasing affordable housing, on behalf of the work he and the Mountain View Community Development Department staff did to create the North Bayshore Precise Plan. The plan, which was approved in December 2017 by the City Council, will nearly double the number of affordable homes in Mountain View by adding a total of 9,850 new homes in the North Bayshore area including 2,000 affordable homes. Hailed as a blueprint for addressing the Bay Area’s housing crisis, the plan was supported by a broad coalition of local and regional community-based organizations. The award was presented during SV@Home’s May 18, 2018 policy luncheon, the concluding event of Affordable Housing Week 2018.
Tsuda has worked numerous award-winning projects throughout his career, including awards from the American Planning Association and the American Society of Landscape Architects. He received his certification from the American Institute of Certified Planners in 1990.
Tsuda is excited about his new position and will be working closely with the board of directors. “Palo Alto Housing’s history of providing high-quality affordable housing is well known and I have had the pleasure of working with PAH on behalf of the City of Mountain View,” said Tsuda. “I want to help them continue this legacy in Mountain View and in other communities in the Bay Area. Today, more than ever, it is critical that we come together to create stronger, more diverse communities by providing and maintaining high-quality affordable housing where individuals and families can thrive.”
Palo Alto Housing has a significant pipeline of new development projects with approximately 600 residential units in various stages of planning and development located in the San Francisco Bay Area. These include: Eagle Park Apartments, a 67-unit affordable apartment community nearing completion in Mountain View, which will house low-income veterans and households earning up to 60 percent of the Santa Clara County Area Median Income (AMI); and a new affordable apartment community for low income families and veterans, which is slated to break ground in February 2019 in San Mateo County at 2821 El Camino Real in Redwood City, California. Plans call for 67 studio and one-bedroom apartments for households with incomes between 30 percent and 60 percent of the area median income.
Tsuda succeeds Candice Gonzalez, who served over 10 years in the position.
About Palo Alto Housing
In its 49 years of service, non-profit Palo Alto Housing (PAH) builds, develops, acquires, and manages low- and moderate-income housing in the San Francisco Bay Area. With over 700 owned and managed units located on the Peninsula, PAH provides high-quality, award-winning housing with subsidized rents, to the greatest degree possible, and supports its residents in reaching their goals through its robust Resident Services program. Palo Alto Housing continues to expand its portfolio and focuses its future housing efforts along transit corridors on the Peninsula. For more information, visit www.pah.community
Palo Alto Housing – Bay Area Affordable Housing
www.pah.community
Palo Alto Housing is Silicon Valley’s top resource and provider of affordable housing and below market rate (BRM) housing programs. Learn More.
# # #
Anne Monaghan
MONAGHAN COMMUNICATIONS, INC.
830.997.0963
