Google is giving San Jose $5 for community benefits

Even thought Google's multi-million SQFT megaproject is still on hold, they are holding true to several of the commitments they made to the city of San Jose. 

Google will give $5 million to San Jose as part of its community benefits agreement for the Downtown West Project. $4.25 million will be put into the Community Stabilization and Opportunity Pathways Fund.  This aims to support under-resourced communities in San Jose due to rising costs and increase job opportunities.

If the project comes to fruition, then Google will invest a total of $155 million into public benefits for the San Jose community. However, that will be a rounding error compared to value of having 10,000 or so high-paying tech jobs that would be added to Downtown San Jose along with the ecosystem to support those workers.

Source: San Jose Spotlight