Housing Trust Silicon Valley achieved a significant milestone in its goal to help build or preserve 10,000 affordable homes in the coming decade as its TECH Fund campaign reached $20 million in commitments.
Press Releases, Success Stories
Housing Trust Silicon Valley TECH Fund Campaign Reaches $20 Million Milestone
August 22, 2017
Press Releases, Success Stories
Monterey Bay Housing Trust Exceeds Funding Goal
August 17, 2017
Marina, CA (August 17, 2017) The Monterey Bay Housing Trust, a collaborative effort of the Monterey Bay Economic Partnership (MBEP) and Housing Trust Silicon Valley, announced today it has exceeded its initial goal of raising $10 million.
Newly Funded
Monterey Bay Housing Trust Loan Jump Starts Permanent Supportive Housing in Santa Cruz
August 11, 2017
The Monterey Bay Housing Trust, a joint program of the Monterey Bay Economic Partnership and Housing Trust Silicon Valley, is providing a $200,000 loan to New Ways Homes for 180/2020 Permanent Supportive Housing to jump start the construction of new supportive housing for homeless individuals in Santa Cruz County. The new development will create as…
Updates
Spotlight on Housing Trust Board Member John Bruno
July 28, 2017
Board Member John Bruno considers Housing Trust Silicon Valley the perfect example of what his mother always told him – “If it’s to be, it’s up to me.”
Success Stories, Updates
Finally Home Grant Helps Young Veteran Leave Homelessness for an Apartment he can Afford
July 28, 2017
Joseph never expected he would need to use skills learned as a Marine to get through a period of homelessness after he returned to civilian life. But his ability to troubleshoot a problem and adapt to challenging situations served him well during the time he had no place to call home.
Updates
Applied Materials’ Long-Time Support of Housing Trust Silicon Valley Helps Thousands Access Affordable Housing
July 28, 2017
For the past 17 years, Applied Materials has been committed to supporting Housing Trust Silicon Valley’s efforts to improve the lives of low and moderate income individuals and families by creating affordable housing opportunities.
Press Releases, Updates
Housing Trust Silicon Valley’s TECH Fund now totals $12.5 million with $5 million investment from the David and Lucile Packard Foundation
July 13, 2017
The Housing Trust Silicon Valley’s TECH Fund has announced that it has now raised $12.5 million, thanks to a $5 million investment from The David and Lucile Packard Foundation
Newly Funded
CDFI Collaboration Helps Local Developers Stem Tide of Displacement in East Oakland
June 30, 2017
With easy access to Downtown Oakland’s job centers and BART connections, East Oakland has become a hot spot for market rate residential developers. More than 300 market rate homes are in the pipeline, and the long-awaited 110-unit Coliseum Transit Village development is expected to be at least half market rate. Satellite Affordable Housing Associates‘ International Boulevard…
Newly Funded
Housing Trust Loan Helps Long-Planned Senior Housing Clear Final Hurdles
June 28, 2017
A $500,000 predevelopment loan from the Housing Trust will keep design, entitlement and financing work moving forward on First Community Housing‘s Leigh Avenue Senior Apartments in San Jose. Leigh Avenue has been on the drawing board for a decade, but stalled during the Great Recession and, later, the dissolution of redevelopment agencies across the state. Through it all,…
Newly Funded, Press Releases, Updates
Monterey Bay Housing Trust Funds First Affordable Housing Loan to CHISPA
June 20, 2017
Marina, CA (June 20, 2017) The Monterey Bay Housing Trust (MBHT), a joint program of the Monterey Bay Economic Partnership (MBEP) and Housing Trust Silicon Valley, announced today its first loan — $500,000 to Community Housing Improvement Systems & Planning Association, Inc. (CHISPA) to assist in the development of the Castroville Oaks Affordable Housing Community.