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
Work in Progress: Housing Trust and Diversity, Equity and Inclusion
September 23, 2020
It’s been over two years since Housing Trust started an ad hoc diversity, equity and inclusion group. Since then, our Board of Directors has provided us with resources and support – including the creation of a DEI Committee of their own – to better allow Housing Trust to move from statements of support to action…
Success Stories
“Permanent Home Feeling” – an Empower Homebuyers SCC Update
September 23, 2020
Empower Homebuyers – the Measure A funded down payment assistance program created by the County of Santa Clara and administered by us – has kept going through the pandemic and helped create 15 first time homebuyers in our 2020 fiscal year. After seven workshops over the summer, the City of Mountain View is co-hosting an…
Updates
Breaking New Ground with Habitat for Humanity
September 23, 2020
Over the summer, we announced a $1 million construction loan made to Habitat for Humanity Monterey Bay. In late August the organization scheduled a socially distanced groundbreaking in the Live Oak neighborhood of Santa Cruz County. Habitat CEO Satish Rishi, Representative Jimmy Panetta, Susan True from the Community Foundation Santa Cruz County and others were…
Newly Funded
Newly Funded: $1.57 Million Loan From Housing Trust Fills a Gap For Senior Housing in Berkeley
September 23, 2020
With support from public and private funding sources – and a $1.57 million loan from Housing Trust – Satellite Affordable Housing Associates (SAHA) will break ground for 34 low income seniors in a desirable location in North Berkeley. The project is named Jordan Court, and Housing Trust’s loan is unique from the majority of its…
Newly Funded
Google’s Launch Initiative Bringing 65 Home Charities Development to San Jose
August 12, 2020
Alum Rock, a new development planned by Charities Housing, is among the first affordable housing projects to be funded thanks to Launch Initiative, an affordable housing fund managed by Housing Trust aimed to accelerate the start-up and preservation of homes. The $3 million loan to Charities Housing is expected to create 65 new affordable homes….
Newly Funded
Launch Initiative Creating Senior Housing in Alameda County
August 12, 2020
Housing Trust is excited to announce a $4.25 million acquisition loan to Eden Housing for Timber Street Senior – a 79 home, five story development planned for Newark that will aid in the transformation of a light industrial and warehouse space to a walkable, affordable residential development for seniors. As this neighborhood transitions to residential…
Success Stories, Updates
PATH to Home: An Update on Villas on the Park
July 30, 2020
During the first week of March, several of our team walked a few blocks from our downtown San Jose office to Villas on the Park to celebrate the grand opening. At the time, COVID-19 restrictions were starting to appear (the shelter in place order would come a week later) but we were thrilled to attend…
Updates
Potential Local Housing Trust Fund Pipeline
July 28, 2020
Click here to link to the list of Potential LHTF Pipeline.