On the morning of September 15th, 2021, we gathered with a lot of friends and partners for the groundbreaking of Agrihood; a development which will provide 361 new homes – including 181 below-market rate homes for seniors and senior veterans. Read the press release here and see the rendering of the Agrihood project. Agrihood was…
Newly Funded, Press Releases
Monterey Bay Housing Trust Funds 40 Affordable Homes for CHISPA King City Development
July 14, 2021
(July 14, 2021) -King City, CA-Monterey Bay Economic Partnership and Housing Trust Silicon Valley announced today a $680,000 acquisition loan to Community Housing Improvement Systems & Planning Association Inc. (CHISPA) to purchase property in King City and create 40 affordable homes aimed toward farmworkers in the region. The property is currently made up of five…
Press Releases, Success Stories, Updates
Affordable Housing Partnership Announces First Three Developments to Build New Homes in Sonoma County
March 25, 2021
The Sonoma County Housing Fund – a collaborative effort between the Santa Rosa Metro Chamber and nonprofit community development financial institution (CDFI) Housing Trust Silicon Valley – is proud to announce the first three loans for critically needed affordable homes. The three separate developments – Siesta Senior Apartments in Sonoma, Stony Point Flats and Acme…
Press Releases, Updates
Google, Housing Trust Silicon Valley Initiative Investing Nearly $30 Million for Bay Area Affordable Homes
March 4, 2021
Effort to Aid Short Term and Long-Term Economic Recovery in Region Google and Housing Trust Silicon Valley, a nonprofit community loan fund that works to create a strong affordable housing market in the greater Bay Area, are announcing though their Launch Initiative new loans of approximately $30 million for three Bay Area affordable housing developments…
Press Releases
Bay Area Down Payment Assistance Program Still Active in Pandemic
January 14, 2021
Empower Homebuyers SCC seeks to help up to 50 homebuyers in 2021 SAN JOSE, CALIF – Housing Trust Silicon Valley, a nonprofit community loan fund, is excited to launch the 2021 series of webinars to educate future Bay Area homebuyers about Empower Homebuyers SCC – a down payment assistance program created by the County of Santa…
Newly Funded, Press Releases
New, Major Loans from Google’s Launch Initiative Bringing Sustainable Affordable Homes to Bay Area
November 16, 2020
Google and Housing Trust Silicon Valley – a nonprofit community loan fund that works to create a strong affordable housing market in the greater Bay Area – are announcing the first investments in affordable housing from Launch Initiative, the $50 million fund rolled out in July. This comes just months after the fund was established…
Press Releases
Housing Trust Silicon Valley Taps Noni Ramos as Chief Executive Officer
November 13, 2020
San Jose, CA – Housing Trust Silicon Valley – a nonprofit community loan fund that works to create a strong affordable housing market in the greater Bay Area – today announced the appointment of Noni Ramos as Chief Executive Officer, effective January 4, 2021. Ramos will provide strategic leadership to Housing Trust and oversee all day-to-day operations of…
Newly Funded, Press Releases
Satellite Affordable Housing Associates to Bring Homeless Veterans Home in Contra Costa County
November 11, 2020
Support from Apple, Housing Trust Silicon Valley, Chase, and other local players will help create needed affordable rental housing Virtual groundbreaking celebration scheduled on Veteran’s Day PITTSBURG, CA – Satellite Affordable Housing Associates today announces the groundbreaking for Veterans Square, a 30-home affordable housing development in Pittsburg supporting veterans. A virtual groundbreaking celebration will be…
Press Releases
Housing Trust and Google Announce Launch Initiative to Create New Affordable Homes
July 23, 2020
Google and Housing Trust Silicon Valley – a nonprofit community loan fund that works to create a strong affordable housing market in the greater Bay Area – are announcing the creation of Launch Initiative, an affordable housing fund aimed to accelerate the start-up and preservation of homes. Launch Initiative, announced a year after Google’s $50…
Newly Funded, Press Releases, Updates
First Housing Trust Loan to Habitat for Humanity Monterey Bay: $1 Million for Affordable Santa Cruz Homes
June 30, 2020
Housing Trust has further expanded its impact in Santa Cruz County by making its very first loan to Habitat for Humanity Monterey Bay to help build 11 homes on Harper Street in Santa Cruz. While much of Housing Trust’s recent lending has been for predevelopment or land acquisition, this $1 million loan represents an exciting…