Housing Trust Silicon Valley, a nonprofit community loan fund based in San Jose, has announced LinkedIn’s $10 million investment in TECH Fund has already been used to assist in the construction of 163 affordable housing units in Mountain View. LinkedIn’s investment is part of a $8.1 million loan to Palo Alto Housing (www.pah.community) to purchase a…
Press Releases, Updates
More affordable housing coming to Mountain View thanks to TECH Fund
January 18, 2018
Press Releases, Updates
LinkedIn Invests $10 million in TECH Fund
December 22, 2017
LinkedIn, the world’s largest professional network based in Silicon Valley, has invested $10 million in TECH Fund, an initiative of Housing Trust Silicon Valley to get more high-tech organizations, large employers and philanthropists involved with creating affordable housing in the Bay Area.
Press Releases, Updates
$1 Million Loan from Dignity Health Supports Low-Income Housing in Santa Cruz County
November 29, 2017
Dignity Health has provided a $1 million loan to Housing Trust Silicon Valley for affordable housing projects in Santa Cruz County and surrounding areas. The loan supports the Monterey Bay Housing Trust, a collaborative effort of the Monterey Bay Economic Partnership (MBEP) and Housing Trust Silicon Valley.
Press Releases, Success Stories
Housing Trust Silicon Valley TECH Fund Campaign Reaches $20 Million Milestone
August 22, 2017
Housing Trust Silicon Valley achieved a significant milestone in its goal to help build or preserve 10,000 affordable homes in the coming decade as its TECH Fund campaign reached $20 million in commitments.
Press Releases, Success Stories
Monterey Bay Housing Trust Exceeds Funding Goal
August 17, 2017
Marina, CA (August 17, 2017) The Monterey Bay Housing Trust, a collaborative effort of the Monterey Bay Economic Partnership (MBEP) and Housing Trust Silicon Valley, announced today it has exceeded its initial goal of raising $10 million.
Press Releases, Updates
Housing Trust Silicon Valley’s TECH Fund now totals $12.5 million with $5 million investment from the David and Lucile Packard Foundation
July 13, 2017
The Housing Trust Silicon Valley’s TECH Fund has announced that it has now raised $12.5 million, thanks to a $5 million investment from The David and Lucile Packard Foundation
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.
Press Releases, Updates
Housing Trust and Monterey Bay Economic Partnership Make First Loan in Monterey Bay Region
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….
Press Releases, Updates
Sobrato follows Cisco with $5 million investment in Bay Area affordable housing
May 26, 2017
The Sobrato Family Foundation announced a $5 million investment in the TECH Fund campaign, supporting the creation of 10,000 affordable homes over the next 10 years throughout the Bay Area. Foundation funds will be focused on San Mateo, Santa Clara and Southern Alameda counties
Press Releases
Santa Clara County allocates additional $11.9 million in Housing Trust Silicon Valley’s Supportive Housing Fund
April 13, 2017
The Santa Clara County Board of Supervisors has approved an additional $11.9 million allocation for the Housing Trust Silicon Valley’s Supportive Housing Fund to help affordable housing developers acquire land and pay predevelopment costs for new projects.