The recently published Silicon Valley Index reported that mean travel time to work has jumped 20% in Santa Clara and San Mateo Counties over the past ten years – in part because housing costs have pushed some workers further from their jobs. The time spent commuting is lost – but sometimes it can come back.
Updates
Empower Homebuyers SCC Has Running Start in 2019
February 28, 2019
Empower Homebuyers SCC, the 2016 Measure A funded down payment assistance program created by the County of Santa Clara and administered by Housing Trust, has been off to a busy start in 2019 with several outreach events and more in the pipeline.
Success Stories, Updates
TECH Fund Takes Stage With Leigh Avenue, Microsoft News
February 28, 2019
February 1st brought happy news to Housing Trust, First Community Housing and other partners who had a stake in a San Jose senior apartment complex that had been in the works for years.
Updates
Investor Briefing 2019 Update: Assemblymember David Chiu Joins as Featured Speaker!
February 15, 2019
Housing Trust is happy to announce Assemblymember David Chiu, who has represented the 17th district since 2014, as a featured speaker at Investor Briefing 2019 – coming up on Friday, March 29th.
Press Releases, Updates
Sharon Lee Joins Housing Trust Board
February 15, 2019
Housing Trust Silicon Valley is happy to announce Sharon Lee, an attorney in the greater Bay Area with a long history in nonprofit and community work, has joined the Board of Directors.
Just Funded
$1.4 Million Loan to First Community Housing Preserves Affordable Homes in San Jose
January 25, 2019
A $1.4 million loan was made to First Community Housing to purchase the investor limited partner’s interest for Betty Ann Gardens – an existing FCH project. A portion of the loan will also be used for predevelopment costs to rehabilitate the individual homes.
Just Funded
TECH Fund at Work: $4.3 Million for 128 Affordable Homes in RCD’s Fremont Project
January 25, 2019
The collaboration among Pure Storage, LinkedIn and Cisco which invested $20 million in Housing Trust Silicon Valley’s TECH Fund in November is being put to work quickly as a $4.3 million acquisition…
Updates
Ten Things We’re Thankful For As We Close Out 2018
December 21, 2018
There is a lot to celebrate and be thankful for as we reflect on everything we’ve done over the past year – and there’s still more we can do with your help. In no particular order (except No. 1!) here are some of the highlights we shared in 2018:
Updates
Neighborhood Stabilization Program
December 6, 2018
Housing Trust Silicon Valley was awarded $25,000,000 in NSP2 funds from the Department of Housing and Urban Development (HUD) under the American Recovery and Reinvestment Act (ARRA). Our organization was…
Press Releases, Updates
Cisco, LinkedIn and Pure Storage Collaborate to Commit $20 Million to TECH Fund to Help Build Affordable Housing
November 27, 2018
In the first ever collaborative effort, new TECH Fund investor Pure Storage and early investors LinkedIn and Cisco are together bringing $20 million to help build affordable homes in the greater Bay Area.