$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.
Impact & Updates
Tag: TECH Fund
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.
Press Releases, Success Stories
Housing Trust Silicon Valley TECH Fund Campaign Reaches $20 Million Milestone
August 22, 2017
Housing Trust Silicon Valley achieved a significant milestone in its goal to help build or preserve 10,000 affordable homes in the coming decade as its TECH Fund campaign reached $20 million in commitments.
Press Releases, Updates
Housing Trust Silicon Valley’s TECH Fund now totals $12.5 million with $5 million investment from the David and Lucile Packard Foundation
July 13, 2017
The Housing Trust Silicon Valley’s TECH Fund has announced that it has now raised $12.5 million, thanks to a $5 million investment from The David and Lucile Packard Foundation
Press Releases, Updates
Sobrato follows Cisco with $5 million investment in Bay Area affordable housing
May 26, 2017
The Sobrato Family Foundation announced a $5 million investment in the TECH Fund campaign, supporting the creation of 10,000 affordable homes over the next 10 years throughout the Bay Area. Foundation funds will be focused on San Mateo, Santa Clara and Southern Alameda counties
Press Releases
Housing Trust Silicon Valley launches TECH Fund campaign
March 28, 2017
Housing Trust Silicon Valley has launched the new TECH Fund campaign that will allow local corporations and foundations to invest in affordable housing developments that will add or preserve 10,000 homes in the region over the next 10 years.
Updates
Housing Trust Silicon Valley Launches TECH Fund Campaign
March 28, 2017
Housing Trust Silicon Valley has launched the new TECH Fund campaign that will allow local corporations and foundations to invest in affordable housing developments that will add or preserve 10,000 homes in the region over the next 10 years.