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…
Newly Funded, Press Releases
$2.052 Million Loan from Monterey Bay Housing Trust Supports Low Income Housing for Families in Santa Cruz County
May 28, 2020Monterey Bay Economic Partnership and Housing Trust Silicon Valley announced today a $2.052 million acquisition loan to Eden Housing for 1482 Freedom, a site in Watsonville for an affordable housing development consisting of 53 affordable homes. The affordability will be restricted to those earning 20% to 60% of the area median income which, in Santa…
Updates
Affordable Housing Month 2020: Housing Trust’s Events May 18 – 21
May 15, 2020Housing Trust had their first Empower Homebuyers SCC webinar on May 7th and the next is coming next week, which will feature a full lineup of virtual events we hope you can attend: Monday, May 18th, 10:30am – Part one of Small Homes, Big Impact’s ADU webinar series Register for Part 1 of the ADU…
Success Stories
Affordable Housing and Leadership: Our Friends at Resources for Community Development
May 14, 2020We’re inspired by all of our development partners and proud to stand with them all – and Resources for Community Development is just one example of the organizations that do great work and inspire us to do even better with our own. One of our very first acquisition loans was made to RCD – $1.1…
Updates
New Housing Trust ADU page, An ADU Webinar, and New Legislation Could Make Building Your Accessory Dwelling Unit Easier
May 13, 2020Housing Trust’s Accessory Dwelling Unit program, Small Homes, Big Impact, is proud to take part in Affordable Housing Month and aims to get Bay Area homeowners up to speed on new resources and developments pertaining to the construction of Accessory Dwelling Units (ADUs). For instance, as of January 1, 2020, the State of California unveiled…
Success Stories
Empowered by Home: Justin’s Story
May 8, 2020An 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…
Success Stories
Empowered by Home: Megan’s Story
May 8, 2020Megan, a Bay Area native and a special education teacher at Union School District in San Jose, had been living in a tiny apartment in Campbell. In her third year of teaching, she knew she wanted to stay in her community and was ready for something bigger but like so many educators in the region,…
Success Stories
Empowered by Home: Karen and Ngoc’s Story
May 7, 2020After emigrating from Vietnam, Karen and her husband Ngoc worked in the Bay Area for 14 years – she in banking and him as a technician – and were renting incrementally smaller living spaces even as their family grew to include two small children. When they found Empower Homebuyers SCC in 2019, they were on…
Newly Funded
$3.4 Million Acquisition Loan in San Jose to Reed Community Partners
May 6, 2020Housing Trust has made a $3.4 million acquisition loan to Reed Community Partners, which is working in partnership with Allied Housing, Abode Services and the County of Santa Clara, for the future site of The Dahlia apartments in San Jose. The site on the corner of Santa Clara and 24th Street is projected to have…
Updates
Beyond Affordable Housing Month: Non-Profit Housing Association Leading Long Term
May 4, 2020Affordable Housing Month is a big effort engaged in by a lot of committed partners, and we’d like to take a moment to acknowledge Non-Profit Housing Association of Northern California. If the last few months have taught us anything it is that a definitive and timely response to a crisis can make a huge difference…