TECH Fund Brings $4.74 Million Loan to Affirmed Housing for 88 Affordable Homes Housing Trust has made a $4.74 million loan to Affirmed Housing for 3090 South Bascom Avenue in San Jose to create 88 affordable homes – half of which will be permanent supportive housing, in line with Santa Clara County’s Measure A priorities….
Newly Funded, Success Stories
TECH Fund Brings $4.74 Million Loan to Affirmed Housing for 88 Affordable Homes
October 17, 2019
Newly Funded
$800K Bridge Loan to Second Street Studios
October 17, 2019
First Community Housing received a $800,000 bridge loan for Second Street Studios, a 135 home project for which Housing Trust had provided predevelopment funding. Following the groundbreaking in late 2017, Second Street Studios, the first new construction of 100% permanent supportive housing in San Jose, has had different financing needs than most area multifamily developments…
Newly Funded, Updates
$1.48 Million Loan to Bill Wilson Center for Transitional Housing Placement Program
October 17, 2019
Bill Wilson Center, which provides services and support for youth and families experiencing homelessness, purchased a single-family home in Santa Clara County to support the expansion of the Transitional Housing Placement Program.
Press Releases, Updates
Google Makes Big Investment in TECH Fund
August 29, 2019
Google, a longtime supporter and friend of Housing Trust Silicon Valley, is following through on its commitment to affordable housing by investing $50 million in our TECH Fund.
Newly Funded
Google’s TECH Fund Investment and Supportive Housing Fund Help PATH Acquire 4th & Younger for 93 Affordable Homes
August 28, 2019
A portion of Google’s TECH Fund Investment, announced just one month ago, has already been put to work toward a one-acre parcel of land in Hyde Park in San Jose.
Success Stories, Updates
Finally Home Program Helps 127 Find Home at Second Street Studios
August 27, 2019
We had the pleasure of attending the Second Street Studios grand opening on August 23rd. 134 apartments of permanent supportive housing are changing the lives of 134 families thanks to the efforts of First Community Housing and their committed partners. Of all of the remarks that were made that day the ones that arguably carried…
Updates
The Veranda Opens in Cupertino and a Wall Rises in Mountain View
August 23, 2019
On April 18, 2018, several of the Housing Trust team attended the groundbreaking ceremony of The Veranda in Cupertino – a Charities Housing development intended to create 18 affordable homes for seniors.
Press Releases
Google Invests $50 Million in Housing Trust’s TECH Fund
July 24, 2019
Today, Google is making a $50 million investment in Housing Trust Silicon Valley’s TECH Fund. Google’s investment is the largest investment in the fund to date. Housing Trust Silicon Valley launched the TECH (Tech + Equity + Community + Housing) Fund in March 2017 to provide affordable housing developers the flexible financing needed to compete…
Press Releases, Updates
Housing Trust Silicon Valley, Santa Rosa Metro Chamber Create Sonoma County Housing Fund to Spur Critically Needed Affordable Housing
July 16, 2019
The Santa Rosa Metro Chamber, a business and economic advocate leading the Sonoma County region, has partnered with Housing Trust Silicon Valley, a nonprofit community development financial institution (CDFI) focused on affordable housing in the greater Bay Area, to create the Sonoma County Housing Fund – a collaborative effort to bring critically needed affordable housing to the region.
Success Stories, Updates
Meet Ralph and Babygirl
June 28, 2019
One of the residents of First Community Housing‘s recently opened Second Street Studios is Ralph, an army veteran who grew up in Colorado but moved to California to be closer to his son and to pursue jobs on ranches. He worked hard but a series of hardships had him living in a motor home in…