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, Updates
Google, Housing Trust Silicon Valley Initiative Investing Nearly $30 Million for Bay Area Affordable Homes
March 4, 2021
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…
Press Releases, Updates
Wishing Farewell to Kevin Zwick After 12 Years of Affordable Housing Leadership
June 9, 2020
Dear Neighbors and Partners, After nearly twelve years leading Housing Trust Silicon Valley, CEO Kevin Zwick will be stepping down on June 26th to take on the role of CEO of United Way Bay Area. This is a bittersweet moment as myself, the board, and the entire Housing Trust team will miss him. Kevin leaves…
Newly Funded, Press Releases
$2.052 Million Loan from Monterey Bay Housing Trust Supports Low Income Housing for Families in Santa Cruz County
May 28, 2020
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…
Newly Funded, Press Releases, Success Stories
$17.4 Million Supports Low-Income Housing for Seniors in Santa Cruz County
March 5, 2020
Marina, CA-Monterey Bay Economic Partnership and Housing Trust Silicon Valley announced today a $4 million loan to BRIDGE Housing for a portion of the acquisition of Paloma Del Mar senior apartments with the purpose of maintaining affordability for low-income senior households in Freedom, CA. The loan is part of a joint program between Housing Trust…