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 the region recovers from COVID-19.
We thank the CDFI Fund for their continued efforts on behalf of CDFIs and the communities we serve. For more details click here.
ABOUT HOUSING TRUST SILICON VALLEY
Housing Trust Silicon Valley (Housing Trust) is a nonprofit community loan fund based in San Jose that works to improve the quality of life for low-income people in the greater Bay Area by increasing affordable housing opportunities. Since 2000, Housing Trust has invested nearly $335 million in programs that help everyone from the homeless to renters to first-time homebuyers – creating over 20,700 affordable housing opportunities serving 36,000 of our neighbors. It is the first nonprofit Community Development Financial Institution (CDFI) to receive a Standard & Poor’s rating, AA- because of its strong capacity to meet financial commitments. For more information visit www.housingtrustsv.org