Second Street Studios - First Community Housing

Newly Funded

$800K Bridge Loan to Second Street Studios

Second Street Studios - First Community Housing

First Community Housing received a $800,000 bridge loan for Second Street Studios, a 135 home project for which Housing Trust had provided predevelopment funding.  Following the groundbreaking in late 2017, Second Street Studios, the first new construction of 100% permanent supportive housing in San Jose, has had different financing needs than most area multifamily developments…

Ruby Street Apartments rendering

Newly Funded, Updates

In Alameda County: 72 Affordable Homes for Castro Valley

Ruby Street Apartments rendering

Housing Trust has made a $4.6 million loan to Eden Housing for Ruby Street Apartments. As our 8th loan in Alameda County in the last six years, this Castro Valley loan continues Housing Trust’s regional expansion and brings the total number of affordable homes Housing Trust has helped finance there past 500.

Markham Plaza

Newly Funded

350 Affordable Homes Preserved in San Jose

Markham Plaza

While Housing Trust is proud to share the news of affordable housing that is going to be built from the ground up we’re equally excited to engage with borrowers to preserve the affordable homes we already have. Core Companies’ Markham Plaza – a 153 home, four story rental complex just a few miles south of…

Fremont Island concept

Newly Funded

TECH Fund at Work: $4.3 Million for 128 Affordable Homes in RCD’s Fremont Project

Fremont Island concept

The collaboration among Pure Storage, LinkedIn and Cisco which invested $20 million in Housing Trust Silicon Valley’s TECH Fund in November is being put to work quickly as a $4.3 million acquisition and predevelopment loan was made to Resources for Community Development for Fremont Islander: a 128 home affordable housing development spread across one parcel improved with a…