Transition is the key word to describe both the Roosevelt Park Apartments and the downtown San Jose neighborhood where the project will be built with the help of a $4.85 million acquisition/predevelopment loan from Housing Trust Silicon Valley.
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Housing Trust Silicon Valley’s First Loan in Sonoma County
August 25, 2017
A $1,654,000, 15-year refinancing loan to Burbank Housing Development Corporation is the first loan made in Sonoma County by the Housing Trust, and part of our effort to reach communities underserved by CDFIs.
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Monterey Bay Housing Trust Loan Jump Starts Permanent Supportive Housing in Santa Cruz
August 11, 2017
The Monterey Bay Housing Trust, a joint program of the Monterey Bay Economic Partnership and Housing Trust Silicon Valley, is providing a $200,000 loan to New Ways Homes for 180/2020…
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CDFI Collaboration Helps Local Developers Stem Tide of Displacement in East Oakland
June 30, 2017
With easy access to Downtown Oakland’s job centers and BART connections, East Oakland has become a hot spot for market rate residential developers. More than 300 market rate homes are…
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Housing Trust Loan Helps Long-Planned Senior Housing Clear Final Hurdles
June 28, 2017
A $500,000 predevelopment loan from the Housing Trust will keep design, entitlement and financing work moving forward on First Community Housing‘s Leigh Avenue Senior Apartments in San Jose. Leigh Avenue has been on…
Just Funded, Press Releases, Updates
Monterey Bay Housing Trust Funds First Affordable Housing Loan to CHISPA
June 20, 2017
Marina, CA (June 20, 2017) The Monterey Bay Housing Trust (MBHT), a joint program of the Monterey Bay Economic Partnership (MBEP) and Housing Trust Silicon Valley, announced today its first loan — $500,000 to Community Housing Improvement Systems & Planning Association, Inc. (CHISPA) to assist in the development of the Castroville Oaks Affordable Housing Community.
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$7.26M loan helps Palo Alto Housing Bring 100 New Affordable Apartments to Mountain View
May 26, 2017
A $7.26 million loan to Palo Alto Housing Corporation for the purchase of a parcel of land in northwest Mountain View is the first step in the construction of 100…
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$4.3 Million Loan for Quetzal Gardens
April 28, 2017
Housing Trust made a $4.3 million acquisition loan to RCD for Quetzal Gardens in the Little Portugal area of East San Jose. Quetzal Gardens will be six stories and the…
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Loan to Hello Housing Preserves Affordability of East Palo Alto Homes
March 31, 2017
Housing Trust is providing a $610,313 loan to Hello Housing, a nonprofit affiliate of MidPen Housing to acquire three single family homes on Garden Street in East Palo Alto, San Mateo County….
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Loan in Livermore Helps Fund Homes for People with Special Needs
January 31, 2017
Housing Trust is providing a predevelopment loan in the amount of $500,000 to MidPen Housing for Sunflower Hill, a 45-apartment community in Livermore serving individuals with developmental disabilities. Sunflower Hill…