About Us

Who We Are

Housing Trust Silicon Valley (Housing Trust) is a nonprofit community loan fund based in San Jose that works to improve quality of life low-income people in the 13-county greater Bay Area by increasing affordable housing opportunities. Since 2000, Housing Trust has invested $183 million in programs that help everyone from the homeless to renters to first-time homebuyers – creating more than 17,000 affordable housing opportunities serving over 30,000 of our neighbors. It is the first nonprofit Community Development Financial Institution (CDFI) to receive a Standard & Poor’s rating, AA- because of its strong capacity to meet financial commitments. For more on our history, click here.

What We Do

Housing Trust Silicon Valley has offered three main programs since our inception, and we respond to urgent community need by designing new programs where they are needed:

  • Multifamily Lending: HTSV is the only local non-profit lender in Santa Clara County offering early financing for affordable housing which is not available from commercial lenders and directly benefits low and very-low income households. In fiscal 2018 alone we committed $37.4 million in loans toward 1,348 homes.
  • Homebuyer Assistance Programs: Our Homebuyer Assistance Programs offer down payment assistance loans for first-time homebuyers. HTSV has made more than 2,500 homebuyer loans, investing over $49,000,000 in local homeowners. Down payment assistance helps low to moderate income households finance their down payment and closing costs, bringing homeownership within reach in Santa Clara County, the second most expensive housing market in the U.S.
  • Finally Home: The Finally Home Grant Program provides security deposit assistance grants to individuals experiencing homelessness, or at risk of becoming homeless that help them move into permanent housing. In response to a need expressed by groups serving homeless populations, Finally Home now offers grants to cover application and utilities deposit costs. We have also increased the amount of our security deposit grants to account for the rising cost of rental housing.
  • Accessory Dwelling Unit Program: Small Homes, Big impact is a pilot program from Housing Trust offering free educational workshops and financial assistance to homeowners seeking to build a secondary dwelling – commonly known as an accessory dwelling unit (ADU) – in their backyard. The program will ultimately include a financial assistance component which is expected to be rolled out in early 2019.
  • Neighborhood Stabilization Program: To respond to the foreclosure crisis, Housing Trust successfully administered a $25 million HUD Neighborhood Stabilization Grant, as lead agency with the City of San Jose and Neighborhood Housing Services Silicon Valley, to stabilize neighborhoods and families hardest hit by the foreclosure crisis. We also created the Foreclosure Help Center – a consortium with two cities and six non-profits for a one-stop foreclosure prevention center, together with homebuyer counseling, credit counseling, legal services and referrals to stabilize families who were at risk of foreclosure or help them transition after foreclosure.