$2.052 Million Loan from Monterey Bay Housing Trust Supports Low Income Housing for Families in Santa Cruz County

Newly Funded, Press Releases

$2.052 Million Loan from Monterey Bay Housing Trust Supports Low Income Housing for Families in Santa Cruz County

$2.052 Million Loan from Monterey Bay Housing Trust Supports Low Income Housing for Families in Santa Cruz County

Monterey Bay Economic Partnership and Housing Trust Silicon Valley announced today a $2.052 million acquisition loan to Eden Housing for 1482 Freedom, a site in Watsonville for an affordable housing development consisting of 53 affordable homes. The affordability will be restricted to those earning 20% to 60% of the area median income which, in Santa…

Housing Trust Launches Apple’s $150 Million Affordable Housing Fund

Press Releases

Housing Trust Launches Apple’s $150 Million Affordable Housing Fund

Housing Trust Launches Apple’s $150 Million Affordable Housing Fund

Today we are proud to announce the launch of Apple’s $150 Million Affordable Housing Fund. It is funded by a $150 million grant to Housing Trust with the goal of building more affordable housing in the greater Bay Area, and part of Apple’s $2.5 billion commitment to combat California’s housing crisis announced in November. To…

Press Releases, Updates

Housing Trust Welcomes Five New Members of the Board of Directors

Housing Trust is pleased to announce Mike Beasley of Beasley Consulting, Kevin Deeble of Cisco, Jonathan Fearn of Greystar, Papia Gambelin of Platinum Advisors and Meg McGraw-Scherer of California Housing Partnership have joined the Board of Directors at Housing Trust Silicon Valley. Mike Beasley is the retired Chairman of the Board of Rocket Software. Before…

Alexa and Son, Empower Homebuyer SCC

Press Releases, Updates

Empower Program Welcomes New Homebuyers

Alexa and Son, Empower Homebuyer SCC

Empower Homebuyers SCC, the down payment assistance program created by the County of Santa Clara and administered by us has already helped ten individuals and families buy their first home.  This Measure A-funded program was created to help first-time homebuyers earning up to 120% of the area median income – the ‘missing middle’ in terms…

Google Invests $50 Million in Housing Trust’s TECH Fund

Press Releases

Google Invests $50 Million in Housing Trust’s TECH Fund

Google Invests $50 Million in Housing Trust’s TECH Fund

Today, Google is making a $50 million investment in Housing Trust Silicon Valley’s TECH Fund. Google’s investment is the largest investment in the fund to date. Housing Trust Silicon Valley launched the TECH (Tech + Equity + Community + Housing) Fund in March 2017 to provide affordable housing developers the flexible financing needed to compete…