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, Updates
Housing Trust Awarded $1.8 million from U.S. Treasury for COVID-19 Relief
June 15, 2021
Updates
For All Neighbors: A Short Update on Empower Homebuyers SCC
June 7, 2021
Since Housing Trust started diversity, equity and inclusion work a few years ago, we’ve been trying to do more outward facing efforts for the communities we serve, such as creating fliers in multiple languages for our homeownership/down payment assistance programs, Empower Homebuyers SCC and H.E.L.P. We are proud to take another small step in our…
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,…
Updates
Save the Dates: Investor Briefing 2021 and More Coming to Affordable Housing Month
April 13, 2021
Our annual Investor Briefing is back for 2021 and is taking place May 20 from 10:00am to 11:00am. You can register for Investor Briefing here. This is the moment to review recent accomplishments in our work helping everyone from those experiencing homelessness to renters to first-time homebuyers, and we hope you can join our Chief…
Updates
Housing Trust Holds First Spanish-Language Empower Homebuyers SCC Webinar
April 9, 2021
On April 6, our homeownership team held its first Spanish-language webinar on Empower Homebuyers SCC – the downpayment assistance program created by the County of Santa Clara that we administer. Co-hosted by the City of Gilroy the event had over 80 attendees and was covered by Telemundo 48. Since Empower Homebuyers SCC was first launched,…
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…
Press Releases, Updates
Google, Housing Trust Silicon Valley Initiative Investing Nearly $30 Million for Bay Area Affordable Homes
March 4, 2021
Effort to Aid Short Term and Long-Term Economic Recovery in Region 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 though their Launch Initiative new loans of approximately $30 million for three Bay Area affordable housing developments…
Newly Funded
TECH Fund, 2015 Loan Pool Help Affirmed Housing Bring New Affordable, Transit-Oriented Homes to San Jose
February 18, 2021
Housing Trust has made a $4.11 million acquisition loan for Affirmed Housing’s Almaden Apartments development – located on Almaden Road in San Jose. The project is an 80-unit, six-story, 100% affordable multifamily building to consist of 54 homes reserved for extremely low income households earning up to 30% area median income (AMI) and 25 for…
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
Newly Funded: Google Fund Brings New Affordable Housing in San Jose
January 20, 2021
Our partnership with Google continues with an acquisition loan for The Kelsey in San Jose. The project is expected to bring 115 units of affordable housing to the site with all units aimed toward those earning between 20% and 80% AMI. The location on 1st Street is very close to VTA transit and to downtown….