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…
Newly Funded
CDFI Collaboration Helps Local Developers Stem Tide of Displacement in East Oakland
June 30, 2017
Newly Funded
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…
Newly 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.
Newly Funded
$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…
Newly Funded
$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…
Newly Funded
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….
Newly Funded
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…
Newly Funded
Villas on the Park Coming to Downtown San Jose
December 15, 2016
Housing Trust is providing a $1 million pre-development loan for Villas on the Park, an 83-apartment complex on Second Street in downtown San Jose. The plan includes 78 apartments for…
Newly Funded
Fuji Towers Apartments
December 9, 2016
Housing Trust Silicon Valley is providing a pre-development loan in the amount of $500,000 to Fuji Towers, a HUD-financed 140 apartment senior housing development in the Japantown neighborhood of San Jose….
Newly Funded, Updates
Atherton Court Apartments – MidPen Housing
December 5, 2016 Housing Trust Silicon Valley is providing a loan in the amount of $11.2m to MidPen Housing Corporation for acquisition of the 55-unit Atherton Court Apartments. If it weren’t for MidPen’s purchase of…