In late July, Housing Trust closed its biggest loan: $15.85 million to First Community Housing for a 300+ home development called McEvoy Apartments! This is notable both because of the…
Just Funded, Press Releases, Updates
With Housing Trust’s Biggest Loan to Date, First Community Housing Aims for 300+ Homes Near Diridon Station
August 8, 2018
A $15.85 million acquisition and pre-development loan – the largest loan made by Housing Trust in the organization’s history – was made to First Community Housing for McEvoy Apartments.
Just Funded
With Housing Trust’s Biggest Loan to Date, First Community Housing Aims for 300+ Affordable Homes Near Diridon Station
August 2, 2018
A $15.85 million acquisition and pre-development loan – the largest loan made by Housing Trust in the organization’s history – was made to First Community Housing for McEvoy Apartments. Funds…
Press Releases, Updates
Housing Trust’s TECH Fund Celebrates First Year Milestones
April 4, 2018
Housing Trust Silicon Valley, a nonprofit community loan fund based in San Jose, is announcing the one-year mark for TECH Fund, its investment vehicle for affordable housing.
Updates
TECH Fund Money Moves Fast in Mountain View
January 26, 2018
It was only last month Housing Trust announced LinkedIn’s $10 million investment in affordable housing in Mountain View using TECH Fund – joining original backers Cisco Foundation, Sobrato Family Foundation and the David and Lucile Packard Foundation.
Press Releases, Updates
More affordable housing coming to Mountain View thanks to TECH Fund
January 18, 2018
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…
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.
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
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.