Have you heard? We’ve invested $590+ million in affordable housing throughout the greater Bay Area region and helped more than 50,000 underserved neighbors! On top of that, we Just Funded two new projects: Residences at Liberation Park in Oakland and 200 & 290 B Street in Santa Rosa. Learn about these projects, the partnerships that…
Newly Funded
Just Funded in January!
February 28, 2024200 & 290 B STREET SANTA ROSA, CA Developer: Phoenix Development Housing Trust Loan: $7.225 million Proposed Units: 64 Population Served: Workforce Housing Located in downtown Santa Rosa, 200 and 290 B Street will consist of a 64 unit affordable housing mix, including 32 units for households earning up to 80% of the Area Median Income (AMI) and…
Newly Funded
Just Funded in January!
February 28, 2024RESIDENCES AT LIBERATION PARK OAKLAND, CA Co-Developers: Black Cultural Zone Community Development Corporation (BCZ) and Eden Housing Housing Trust Loan: $1.5 million Proposed Units: 119 Population Served: Families Located in the Eastmont neighborhood of Oakland near public transportation, Liberation Park is being developed as a joint venture between BCZ and Eden Housing. It will consist of 119 residences for…
Newly Funded
Just Funded: Five Projects with EAH Housing
November 20, 2023We are excited to share that we recently originated a $3.5 million unsecured revolving line of credit to EAH Housing, which will create more than 400 new affordable homes for our community members in the following counties across the Bay Area: Alameda County, Contra Costa County, Marin County, Monterey County, and Solano County. The funds…
Newly Funded, Updates
Newly Funded: 350 Affordable Homes to be Developed in the Greater Bay Area
February 16, 2023Hundreds more of our neighbors will soon have housing options. We are excited to share that four Newly Funded loans that closed during the second half of 2022 (July through December) will create 350 new affordable homes for our community members. We are proud to be able to help more mission driven affordable housing developers…
Newly Funded, Updates
Newly Funded! 520+ Affordable Homes to be Developed in the Greater Bay Area + More Amazing News
August 31, 2022520+ Affordable Homes to be Developed in the Greater Bay Area + More Amazing News Newly Funded Date: Friday, June 17, 2022 Half a billion dollars in loans closed! Housing Trust recently reached this organizational milestone. To date, we have loaned more than $500 million towards the development of affordable homes throughout the greater Bay Area. These investments have…
Newly Funded
Newly Funded: 71 New Affordable Homes Coming to Mixed-Income Development in Santa Cruz
July 13, 2021Housing Trust has made a $875,000 loan to Novin Development for Water Street, a mixed-income development which will include 71 affordable homes with a number of environmentally friendly features. The project will be configured in two buildings and will source renewable energy from the power grid. Drought tolerant landscaping, a rainwater harvesting system and a…
Newly Funded
TECH Fund, 2015 Loan Pool Help Affirmed Housing Bring New Affordable, Transit-Oriented Homes to San Jose
February 18, 2021Housing Trust has made a $4.11 million acquisition loan for Affirmed Housing’s Almaden Apartments development – located on Almaden Road in San Jose. The project is an 80-unit, six-story, 100% affordable multifamily building to consist of 54 homes reserved for extremely low income households earning up to 30% area median income (AMI) and 25 for…
Newly Funded
Newly Funded: Google Fund Brings New Affordable Housing in San Jose
January 20, 2021Our partnership with Google continues with an acquisition loan for The Kelsey in San Jose. The project is expected to bring 115 units of affordable housing to the site with all units aimed toward those earning between 20% and 80% AMI. The location on 1st Street is very close to VTA transit and to downtown….
Newly Funded, Success Stories
Grove Foundation Makes New $500,000 Investment in TECH Fund
December 22, 2020Our TECH Fund campaign celebrated a new investment from a longtime partner: The Grove Foundation, one of the earliest investors, made an additional $500,000 commitment in Housing Trust’s affordable housing investment vehicle. “This is a high impact, high leverage investment with a community partner we trust on an issue that is critical to address,” said…