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…

TECH Fund Helps Preserve Affordable Homes in Santa Rosa

Newly Funded

TECH Fund Helps Preserve Affordable Homes in Santa Rosa

TECH Fund Helps Preserve Affordable Homes in Santa Rosa

Eden Housing’s Quail Run in Santa Rosa, an existing 200 home apartment complex, is drawing from TECH Fund to purchase limited partner rights prior to re-syndication and complete some immediate repairs on the development. All homes at the site are restricted at 60% AMI levels.  The loan marks the first time TECH Fund has been…

Preliminary Rendering of

Newly Funded, Updates

Our Biggest Loan Ever

Preliminary Rendering of

In late July, Housing Trust closed its biggest loan: $15.85 million to First Community Housing for a 300+ home development called McEvoy Apartments! This is notable both because of the size of the loan as well as the forward-thinking concept and location: at the corner of McEvoy and San Carlos St, the proposed apartments will…

McEvoy Apartments preliminary concept

Newly Funded

With Housing Trust’s Biggest Loan to Date, First Community Housing Aims for 300+ Affordable Homes Near Diridon Station

McEvoy Apartments preliminary concept

A $15.85 million acquisition and pre-development loan – the largest loan made by Housing Trust in the organization’s history – was made to First Community Housing for McEvoy Apartments. Funds for the loan originated from Housing Trust’s TECH Fund initiative as well as the Affordable Housing Growth Fund which is made up of Bridge Bank, East West…