La Avenida Avenue rendering

Updates

TECH Fund Money Moves Fast in Mountain View

La Avenida Avenue rendering

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.

TECH Fund logo

Press Releases, Updates

LinkedIn Invests $10 million in TECH Fund

TECH Fund logo

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.

Site at Chestnut Square

Newly Funded

Palo Alto Housing Purchases Mountain View Site

Site at Chestnut Square

$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.