TECH Fund Brings $4.74 Million Loan to Affirmed Housing for 88 Affordable Homes Housing Trust has made a $4.74 million loan to Affirmed Housing for 3090 South Bascom Avenue in San Jose to create 88 affordable homes – half of which will be permanent supportive housing, in line with Santa Clara County’s Measure A priorities….
Newly Funded, Success Stories
TECH Fund Brings $4.74 Million Loan to Affirmed Housing for 88 Affordable Homes
October 17, 2019
Newly Funded
$800K Bridge Loan to Second Street Studios
October 17, 2019
First Community Housing received a $800,000 bridge loan for Second Street Studios, a 135 home project for which Housing Trust had provided predevelopment funding. Following the groundbreaking in late 2017, Second Street Studios, the first new construction of 100% permanent supportive housing in San Jose, has had different financing needs than most area multifamily developments…
Newly Funded, Updates
$1.48 Million Loan to Bill Wilson Center for Transitional Housing Placement Program
October 17, 2019
Bill Wilson Center, which provides services and support for youth and families experiencing homelessness, purchased a single-family home in Santa Clara County to support the expansion of the Transitional Housing Placement Program.
Updates
Turkey Trot Time!
October 14, 2019
The 14th annual Applied Materials Silicon Valley Turkey Trot is just around the corner: Thanksgiving Day (Nov. 22nd) in downtown San Jose. Led by the Silicon Valley Leadership Group Foundation, the Turkey Trot benefits Housing Trust and other great area nonprofits: The Health Trust, Second Harvest Food Bank, Food Bank of Santa Cruz County, and…
Press Releases, Updates
First Recipients of Measure A-Funded Down Payment Assistance Program Move into Homes
September 12, 2019
SAN JOSE, CALIF-The first recipients of a down payment assistance program, funded by the 2016 Measure A Affordable Housing Bond, have purchased their homes. The program, called Empower Homebuyers SCC, is intended to help households who make up to 120% of the area median income – the “missing middle” in Santa Clara County – become first-time homeowners.
Press Releases, Updates
Empower Program Welcomes New Homebuyers
September 12, 2019
Empower Homebuyers SCC, the down payment assistance program created by the County of Santa Clara and administered by us has already helped ten individuals and families buy their first home. This Measure A-funded program was created to help first-time homebuyers earning up to 120% of the area median income – the ‘missing middle’ in terms…
Updates
On the House is on Oct. 7th (and we have an #InvestorBriefing20 Update)
August 29, 2019
Tickets to our fall event, On The House, are now available on Eventbrite and you can buy your tickets to On the House today! This year On the House will be held at District SJ in downtown San Jose on Oct. 7th from 5:30pm to 7:30pm, and we’d love for you to join us for drinks, networking, and…
Press Releases, Updates
Google Makes Big Investment in TECH Fund
August 29, 2019
Google, a longtime supporter and friend of Housing Trust Silicon Valley, is following through on its commitment to affordable housing by investing $50 million in our TECH Fund.
Newly Funded
Google’s TECH Fund Investment and Supportive Housing Fund Help PATH Acquire 4th & Younger for 93 Affordable Homes
August 28, 2019
A portion of Google’s TECH Fund Investment, announced just one month ago, has already been put to work toward a one-acre parcel of land in Hyde Park in San Jose.
Success Stories, Updates
Finally Home Program Helps 127 Find Home at Second Street Studios
August 27, 2019
We had the pleasure of attending the Second Street Studios grand opening on August 23rd. 134 apartments of permanent supportive housing are changing the lives of 134 families thanks to the efforts of First Community Housing and their committed partners. Of all of the remarks that were made that day the ones that arguably carried…