A few months ago Housing Trust rolled out our Homebuyer Empowerment Loan Program (HELP) which assists middle-income first-time homebuyers with down payment assistance. It got off to a great start in terms of awareness thanks to coverage in the San Jose Mercury News and we are happy to announce a young couple in Gilroy just purchased their…
Press Releases, Updates
Housing Trust Welcomes Four New Board Members
February 14, 2018
Lisa Gutierrez of US Bancorp, Sparky Harlan of Bill Wilson Center, Nathan Ho of Silicon Valley Leadership Group, and Jim Morgensen of LinkedIn have joined Housing Trust Silicon Valley’s board of directors, bringing decades of wisdom and intelligence in affordable housing and Bay Area issues with them. Lisa Gutierrez is the vice president, assistant director of business development at US Bancorp Community Development…
Updates
Board Member Spotlight: Kathleen King
January 26, 2018
Kathleen King is a California native but has called a lot of careers home. Nearly 20 years at Applied Materials, a member of the Saratoga City Council, two terms as mayor of that city, and the past ten years as CEO of the Healthier Kids Foundation.
Updates
TECH Fund Money Moves Fast in Mountain View
January 26, 2018
It was only last month Housing Trust announced LinkedIn’s $10 million investment in affordable housing in Mountain View using TECH Fund – joining original backers Cisco Foundation, Sobrato Family Foundation and the David and Lucile Packard Foundation.
Press Releases, Updates
More affordable housing coming to Mountain View thanks to TECH Fund
January 18, 2018
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…
Newly Funded, Updates
Eden Housing Brings More Affordable Housing Opportunities to Mountain View
January 11, 2018
A $9.7 million acquisition loan was made to Eden Housing for a project on 1100 La Avenida Avenue in Mountain View, with the goal of creating a 100% affordable housing development consisting of 93 apartments – all of which are intended for residents who make 60% or below area median income.
Updates
Construction Racing Along At Second Street
December 22, 2017
On Dec. 6th we got to visit First Community Housing’s newest development that Housing Trust provided predevelopment funding towards and watched the fascinating, Lego brick-like construction of the 134 home project.
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.
Newly Funded, Updates
Santa Cruz, Stockton Committing to More Affordable Housing
October 30, 2017
Housing Trust recently closed two loans that afforded us the opportunity to offer support in our wider region and to do so in partnership with collaborative partners. A loan of $8.3 million was made to Visionary Home Builders for a project in Stockton and a $500,000 loan was made to For the Future Housing in Santa Cruz. The $8.3…