More Multifamily Lending – and More to Come

Newly Funded, Updates

More Multifamily Lending – and More to Come

More Multifamily Lending – and More to Come

Today we are happy to report continued strides in our lending thanks to funding from a host of wonderful supporters – including our TECH Fund investors, Supportive Housing Fund partner County of Santa Clara, all of our banking and philanthropic partners, and the County of Santa Clara’s Measure A.   Our Multifamily Lending Team has…

TECH Fund Helps Housing Trust Close 2nd Loan in Redwood City

Newly Funded

TECH Fund Helps Housing Trust Close 2nd Loan in Redwood City

TECH Fund Helps Housing Trust Close 2nd Loan in Redwood City

Housing Trust made a $6.4 million loan to Affirmed Housing Group to acquire a site in Redwood City – drawing from our TECH Fund, which has helped finance over 3,000 homes since its creation in 2017. This Affirmed Housing project will add 90 homes to the 55 Housing Trust previously funded by preservation of affordable…

Rendering of 4th and Younger

Newly Funded

Google’s TECH Fund Investments Head to Work

Rendering of 4th and Younger

TECH Fund is Housing Trust’s affordable housing investment vehicle created to both encourage greater Bay Area employers and philanthropic organizations to invest in affordable housing and enable developers to compete for land on the open market. As of today the investors in TECH Fund include Cisco, Google, Grove Foundation, LinkedIn, NetApp, the David and Lucile Packard…

Google Invests $50 Million in Housing Trust’s TECH Fund

Press Releases

Google Invests $50 Million in Housing Trust’s TECH Fund

Google Invests $50 Million in Housing Trust’s TECH Fund

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…

Orchard Gardens Rendering

Updates

TECH Fund at Work: FCH Receives $6.7M Loan for Sunnyvale Homes

Orchard Gardens Rendering

First Community Housing, which was just recognized as an Outstanding Developer by the U.S. Green Building Council for its ongoing efforts to create buildings with sustainability in mind, received a $6.7 million loan to revamp and expand a property in Sunnyvale – which is also the home of the recently opened MidPen development Edwina Benner Plaza. Near transportation…