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…
Updates
Down Payment Assistance News for First-Time Homebuyers
December 22, 2020
On December 16th, the homeownership team gave the last presentation of 2020 for Empower Homebuyers SCC – the down payment assistance program for first-time homebuyers created by the County of Santa Clara. When the first Shelter In Place order was given in mid-March, the team pivoted from in-person workshops to online – making 26 online…
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…
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…
Updates
Housing Trust Presents: #InTheHouseHT
September 8, 2020
Four weeks from today Housing Trust will be hosting our annual fall event, On the House, and we’d love for you to attend. In the meantime, we invite you to join our new social media campaign #InTheHouseHT. It’s very simple: just post a photo on social media featuring anything in your home you are especially thankful for…
Updates
Empower Homebuyers SCC Update
July 29, 2020
Our Homeownership team continues to work remotely while finding ways to keep potential homebuyers engaged. In June and July, we held five Empower Homebuyers SCC Zoom webinars and a Lender Training, with about 320 attendees. To change things up and make the informational presentations even more interesting, the team introduced poll questions, which increased engagement…
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…
Updates
Black Lives Matter: Moving to Action
June 4, 2020
Dear Partners, Our entire team is jolted and saddened by the violent and unjust killing of George Floyd, Breonna Taylor, Ahmaud Arbery, and too many others. We stand with the Black Lives Matter movement – just as we stand with our black employees, board members, partners, residents, community members – and implore our neighbors to…
Success Stories
Empowered by Home: Justin’s Story
May 8, 2020
An assistant principal at Branham High School and a single dad, Justin Ponzio dreamed of having a home for his kids – ages five and six – to live and grow. When he found the Empower Homebuyers SCC program in 2019, the trio lived in a rental near a busy frontage road that was far…
Updates
Housing Trust’s COVID-19 Response
March 26, 2020
Dear Neighbors and Partners, We believe safe, stable affordable housing opens the door to better lives for everyone. In support of this belief, we carry on our work as a nonprofit lender and our job is to be here for our borrowers and our community – supporting those who require unique and flexible financing to…
Updates
Housing Trust’s Own Fathia Macauley Among New NPH Board Members
December 22, 2020
The Non-Profit Housing Association of Northern California – which recently published The Road Ahead: A 21st Century Housing Strategy for the San Francisco Bay Area – capped off a busy year by holding a virtual Holiday Member party last week. During the event, Fathia Macauley, Housing Trust’s own Chief Lending Officer, was among the newly named board members…
Updates
The Certainty of Home in 2021
December 22, 2020
The disruptive effect of the pandemic has been widely felt, but it hasn’t been evenly felt. Those among us who are living with the disappointment of not being able to travel to visit family this holiday season know we can wait to travel when things are safer. But the pain COVID has brought goes far beyond…
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…
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…
Success Stories, Updates
First Apple Affordable Housing Fund Groundbreaking: At SAHA’s Veterans Square in Pittsburg
November 11, 2020
Today we were proud to take part in the groundbreaking ceremony for Veterans Square – a 30 home affordable housing development by SAHA (ICYMI the press release from this morning before the event is here). We got to hear from Susan Friedland, CEO of SAHA, Contra Costa County Supervisor Federal D. Glover, Mayor of Pittsburg…