Housing Trust is providing a $1 million pre-development loan for Villas on the Park, an 83-apartment complex on Second Street in downtown San Jose. The plan includes 78 apartments for…
Just Funded
Fuji Towers Apartments
December 9, 2016
Housing Trust Silicon Valley is providing a pre-development loan in the amount of $500,000 to Fuji Towers, a HUD-financed 140 apartment senior housing development in the Japantown neighborhood of San Jose….
Just Funded, Updates
Atherton Court Apartments – MidPen Housing
December 5, 2016 Housing Trust Silicon Valley is providing a loan in the amount of $11.2m to MidPen Housing Corporation for acquisition of the 55-unit Atherton Court Apartments. If it weren’t for MidPen’s purchase of…
Just Funded
Loan Helps Visionary Home Builders Create New Housing in Stockton
September 16, 2016
Visionary Home Builders of California are receiving Housing Trust’s first loan in the city of Stockton. The $472,500 loan will go toward helping Visionary buy undeveloped lots in a subdivision that…
Updates
New Investments by Local Banks Double Capacity of Affordable Housing Loan Pool
June 7, 2016
A second round of funding from local banks is adding $6.3 million to the Housing Trust Silicon Valley 2015 Loan Pool that will help affordable housing developers expand multifamily housing…
Just Funded
BAREC Site Development – Core Affordable Housing
May 25, 2016
Core Affordable Housing will be building 359 units on the BAREC site in Santa Clara. HTSV is lending $2,250,000 to Core to prepare the site for development of a project dubbed Agrihood….
Just Funded
Senior Housing on Stevens Creek
May 12, 2016
Charities Housing Development is receiving a $3,000,000 loan for Senior Homes on Stevens Creek. Charities will use the loan to acquire land in Cupertino to build 19 units for low-income seniors. Cupertino,…
Just Funded
Newly Funded: $1.1 Million for Embark Apartments
June 25, 2015
Housing Trust is providing a $1.1 million acquisition loan to Resources for Community Development (RCD) for Embark Apartments, a 60-unit development for households at or below 30-60% of area median…