“Housing Trust offered an accessible, credible vehicle for non-housing organizations and philanthropies to support affordable housing at scale.”
Investor
Investment Opportunity
Community Impact Notes, unsecured and un-guaranteed promissory notes sold in increments of $10,000 with the following interest rates and terms:
| Series | Time to Maturity* (from date of issuance) | Interest Rate |
|---|---|---|
| 14 | 2 years | 1.5% |
| 15 | 3 years | 1.5% |
| 16 | 5 years | 1.5% |
| 17 | 10 years | 3.0% |
Investors purchasing at least $15 million in Series 17 Community Impact Notes may be eligible for a higher interest rate. Investors purchasing over $5 million in Community Impact Notes may be permitted to enter into a capital call structure for their investment.
*See “Description of the Note Terms” in Offering Memorandum.
Investment Documents
Investors can also make program-related investments. Terms offered will be comparable to those in the community impact note.
Downloads
Building Impact Initiative Partners
Apple
U.S. Bank
PNC
Wells Fargo
Mechanics Bank
Silicon Valley Community Foundation
The San Francisco Foundation
Community Foundation Santa Cruz County
David and Lucile Packard Foundation
The Grove Foundation
A Proven Model
The Building Impact Initiative builds upon the success of our TECH Fund (Technology Equity Community Housing) – which deployed more than $338 million, funded 73 developments, and helped create over 7,000 affordable homes while leveraging $4 billion in total development – marking a new phase of catalytic investment and carries that momentum forward. It is a campaign to meet the moment – addressing the most pressing needs of developers today with the flexibility to adapt to the needs of tomorrow – offering a variety of simple ways for investors to achieve meaningful, measurable impact through a $200 million effort to build and preserve 4,600 affordable homes across the greater Bay Area.
Success Stories
Learn how mission-aligned TECH Fund investors and partners helped scale affordable housing solutions regionwide.