Housing Trust Silicon Valley, a nonprofit community loan fund based in San Jose, has announced LinkedIn’s $10 million investment in TECH Fund has already been used to assist in the construction…
Press Releases, Updates
More affordable housing coming to Mountain View thanks to TECH Fund
January 18, 2018
Just Funded, Updates
Eden Housing Brings More Affordable Housing Opportunities to Mountain View
January 11, 2018
A $9.7 million acquisition loan was made to Eden Housing for a project on 1100 La Avenida Avenue in Mountain View, with the goal of creating a 100% affordable housing development consisting of 93 apartments – all of which are intended for residents who make 60% or below area median income.
Updates
Construction Racing Along At Second Street
December 22, 2017
On Dec. 6th we got to visit First Community Housing’s newest development that Housing Trust provided predevelopment funding towards and watched the fascinating, Lego brick-like construction of the 134 home project.
Press Releases, Updates
LinkedIn Invests $10 million in TECH Fund
December 22, 2017
LinkedIn, the world’s largest professional network based in Silicon Valley, has invested $10 million in TECH Fund, an initiative of Housing Trust Silicon Valley to get more high-tech organizations, large employers and philanthropists involved with creating affordable housing in the Bay Area.
Success Stories
LinkedIn Commits to Affordable Housing in Mountain View W/ $10M Investment in TECH Fund
December 5, 2017
LinkedIn, the world’s largest professional network based in Silicon Valley, has invested $10 million in TECH Fund, an initiative of Housing Trust Silicon Valley to get more high-tech organizations, large employers and philanthropists involved with creating affordable housing in the Bay Area.
Just Funded
Pre-Development Loan to Midpen for Livermore
December 5, 2017
In the East Bay, a $2 million loan to MidPen Housing’s supports pre-development costs for Chestnut Square, located at Chestnut Street in Livermore. MidPen was chosen by the City of Livermore to be the master developer of a 4.31 acre city-owned site with the ultimate goal of a 158 unit mixed income residential community.
Just Funded
Palo Alto Housing Purchases Mountain View Site
December 5, 2017
$8.1 million was loaned to Palo Alto Housing to purchase a site at 950 W. El Camino Real in Mountain View. PAH intends to demolish the existing, underutilized structure to develop and operate a 70 unit 100% affordable housing complex.
Just Funded, Updates
Santa Cruz, Stockton Committing to More Affordable Housing
October 30, 2017
Housing Trust recently closed two loans that afforded us the opportunity to offer support in our wider region and to do so in partnership with collaborative partners. A loan of…
Just Funded
San Jose Urban Village Kickstarted by Housing Trust Loan
September 13, 2017
Transition is the key word to describe both the Roosevelt Park Apartments and the downtown San Jose neighborhood where the project will be built with the help of a $4.85 million acquisition/predevelopment loan from Housing Trust Silicon Valley.
Just Funded
Housing Trust Silicon Valley’s First Loan in Sonoma County
August 25, 2017
A $1,654,000, 15-year refinancing loan to Burbank Housing Development Corporation is the first loan made in Sonoma County by the Housing Trust, and part of our effort to reach communities underserved by CDFIs.