A collaborative effort to address an intensified need for housing
When Sonoma County was impacted by the devastating Tubbs Fire in late 2017, the region, already in the midst of a housing shortage, needed a way to bring new housing in – and fast. Working with the Santa Rosa Metro Chamber, we came up with a unique solution.
How It Helps
The Sonoma County Housing Fund is a joint partnership Housing Trust and the Santa Rosa Metro Chamber – similar to the successful collaboration Housing Trust made with the Monterey Bay Economic Partnership to create Monterey Bay Housing Trust.
Leveraging each other’s strengths, expertise and local relationships, Sonoma County Housing Fund will finance critically needed affordable housing in the Sonoma County region. In this new partnership, Santa Rosa Metro Chamber secures and deploys the local investments to assist with the affordable housing and Housing Trust underwrites, approves, and administers the loans. This $10 million initiative’s goal is to finance affordable housing throughout the Sonoma County region. Learn more about the launch of the Sonoma County Housing Fund here.
Review the Term Sheet for the Sonoma County Housing Fund.
Every loan starts with a conversation, please reach out to our lending team to see how we can help.
Santa Rosa Metro Chamber