In 2017, Housing Trust provided a $2 million pre-development loan to MidPen for Chestnut Square, an affordable housing development in Livermore. Friday, August 20, 2021 was the grand opening – and our own Noni Ramos was among the speakers, along with Mayor Bob Woerner of Livermore, County Supervisor David Haubert, MidPen’s Matt Franklin, and others….
Success Stories
Meet Kent from Leigh Avenue
August 9, 2021
Leigh Avenue, a First Community Housing development in San Jose, has been welcoming residents over the last few months. Our role in the creation of these 63 homes for seniors began with predevelopment lending made possible through our TECH Fund, and continued with a bridge loan and a liquidity line during construction. Our Finally Home…
Success Stories
Empowered by Home: Ryan and Teresa’s Story
July 14, 2021
When Ryan and Teresa’s landlord told them that the townhome they were renting for seven years was going to be placed on the market, the couple knew it was time to make some big decisions. Their choices were to either move to a new rental and likely pay more for rent, or they could finally…
Success Stories
Class of 2021: The Guardino Affordable Housing Scholarship Continues
June 25, 2021
One of Housing Trust’s programs is the Guardino Affordable Housing Scholarship, which is a $3,000 award given out to four students living in affordable housing and attending college in the fall. The 2021 round of scholarships was open to prior awardees – which included Aldo, a Bay Area native. Raised by a single mom and…
Success Stories, Updates
Housing Trust Awarded $1.8 million from U.S. Treasury for COVID-19 Relief
June 15, 2021
Today Housing Trust Silicon Valley is proud to announce we are among 863 community development financial institutions (CDFIs) in the U.S. to be awarded funds from the Treasury’s CDFI Rapid Response Program. Our organization secured $1.8 million, which will enable Housing Trust to continue to support affordable housing developments in the greater Bay Area as…
Success Stories
Empowered by Home: Room to Grow for Ahmed and Fatima’s Family
May 24, 2021
Originally from India, Ahmed and Fatima are naturalized U.S. citizens. Ahmed has lived in the U.S. for over 25 years and Fatima for over 30 years. Ahmed works in the tech industry, while Fatima holds a Master’s degree in commerce. Before spending the last few years focused on raising the kids as a stay-at-home parent,…
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…
Success Stories
Empowered by Home: Marcela and her Son
February 1, 2021
Sometimes a well penned letter can change things forever. When Marcela and her six year old son first saw the house she would eventually purchase with help from the Empower Homebuyers SCC down payment assistance program, they fell in love. They were also charmed by the neighborhood and the Gilroy community. Marcela made an offer on the…
Newly Funded, Success Stories
Grove Foundation Makes New $500,000 Investment in TECH Fund
December 22, 2020
Our TECH Fund campaign celebrated a new investment from a longtime partner: The Grove Foundation, one of the earliest investors, made an additional $500,000 commitment in Housing Trust’s affordable housing investment vehicle. “This is a high impact, high leverage investment with a community partner we trust on an issue that is critical to address,” said…
Success Stories
Empowered by Home: Laura’s Family
November 20, 2020
Almost exactly a year after she attended an informational presentation about the County of Santa Clara’s Empower Homebuyers SCC program, Laura and her two kids moved into their new home. She did her research to compare the Empower Homebuyers SCC down payment assistance program with local below market rate programs. Ultimately, she decided the County’s…