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
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
Just 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…
Just 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…
Just 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.
Press Releases, Updates
Housing Trust and Monterey Bay Economic Partnership Make First Loan in Monterey Bay Region
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…
Just Funded
$7.26M loan helps Palo Alto Housing Bring 100 New Affordable Apartments to Mountain View
May 26, 2017
A $7.26 million loan to Palo Alto Housing Corporation for the purchase of a parcel of land in northwest Mountain View is the first step in the construction of 100…
Press Releases, Updates
Sobrato follows Cisco with $5 million investment in Bay Area affordable housing
May 26, 2017
The Sobrato Family Foundation announced a $5 million investment in the TECH Fund campaign, supporting the creation of 10,000 affordable homes over the next 10 years throughout the Bay Area. Foundation funds will be focused on San Mateo, Santa Clara and Southern Alameda counties
Updates
Spotlight: Steve Tate, Housing Trust Board Member and Mayor of Morgan Hill
May 25, 2017
After nine years of service on the Housing Trust Silicon Valley Board of Directors, Morgan Hill Mayor Steve Tate will be leaving the Board in February of 2018 in accordance with our term policy. But the legacy that he leaves behind for both the Housing Trust and the community he continues to represent is impressive.
Updates
Board Chair recognized as Woman of Influence by Silicon Valley Business Journal
May 9, 2017
Congratulations to Housing Trust Silicon Valley Board Chair Candice Gonzalez for her selection as a 2017 “Woman of Influence” by the Silicon Valley Business Journal.
Just Funded
$4.3 Million Loan for Quetzal Gardens
April 28, 2017
Housing Trust made a $4.3 million acquisition loan to RCD for Quetzal Gardens in the Little Portugal area of East San Jose. Quetzal Gardens will be six stories and the…