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
Newly Funded: $1.57 Million Loan From Housing Trust Fills a Gap For Senior Housing in Berkeley
September 23, 2020
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…
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
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…
Updates
Potential Local Housing Trust Fund Pipeline
July 28, 2020
Click here to link to the list of Potential LHTF Pipeline.
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
City of Santa Clara Below Market Purchase (BMP) Program Update: Open Application Period for Catalina Development
July 14, 2020
We are excited to announce that the next Open Application Period for the City of Santa Clara’s Below Market Purchase (BMP) Program will take place from August 3, 2020 through August 14, 2020. Applications will be accepted for TWO BMP homes that are under construction – Unit #8 and Unit #10 in the Catalina development…
Updates
Apple Moves Ahead on Commitment to Housing
July 13, 2020
Apple’s $2.5 billion commitment to affordable housing was first announced back in November and one of the initiatives was the creation of the $150 million Apple Affordable Housing Fund here at Housing Trust. As part of Apple’s July 2020 update, the first four projects are moving forward and are poised to create 250 affordable homes…