Housing Trust Silicon Valley

As we continue to use transformative housing finance and public and private partnerships to create more equitable and affordable communities, we had the chance to take a pause from our usual activities to join together with our Housing Trust colleagues for a team offsite retreat. On Day 1, we caught up with our friends and partners at Eden Housing, Inc. for an informative and adventurous hard hat tour of La Avenida in Mountain View. On Day 2, we had an inspiring and fun all day retreat at the Winchester Mystery House, which ended with a spooky tour of one of the most famous houses in the Bay Area. We enjoyed celebrating our work and honoring our incredible staff! We marked promotions of some Housing Trust team members: Alex Berger – Operations Manager @MaoGaotete – Loan Administrator II Haley Kline, CTP – Treasury Manager @ThuMai – Senior Staff Accountant Congratulations to all! #teamworkmakesthedreamwork

July is #NationalBIPOCMentalHealthAwarenessMonth, and at Housing Trust, we are dedicated to highlighting the critical importance of mental health awareness within BIPOC communities. We recognize that mental health is a crucial component of overall well-being, and we are committed to funding projects that provide essential on-site services, including mental health care. Access to safe and affordable housing is fundamental to mental health stability. By supporting developments with on-site mental health services, we aim to create environments where individuals and families can thrive. Join us this month in raising awareness and advocating for mental health equity. Together, we can make a difference! #MentalHealthAwareness #InclusiveCommunities #AffordableHousing #Housingforall #CommunitySupport #MentalHealthMatters #CDFI

Happy #WorkAnniversary to our amazing team members who can always be counted on to bring first-class professionalism to our organization. Thank you Martha Lopez, Lupita Lourdes Medina, SHRM-CP, Daniel Concepcion, and Humberto Millán for your dedication to helping us with our mission to create more equitable and affordable communities by using transformative housing finance and public and private partnerships. We appreciate you!

We had an amazing Grand Opening at Resources for Community Development's (RCD) Sango Court in the City of Milpitas! A beautiful residential development with 102 new affordable homes, it was amazing to see the project go from groundbreaking to grand opening in two years! Housing Trust is proud to have provided a construction/permanent loan for the project through our Apple Affordable Housing Fund. The support of partners like Apple is essential to our work to create desperately needed homes for our underserved neighbors.    Congratulations to RCD, and to the all the committed public and private partners who came together to bring this joyful new community to Milpitas. A very warm welcome home to our new neighbors!   As we celebrate this important milestone, we know that our region needs much more housing to fix the affordable housing crisis. Our hope is for more public and private financial resources and pro-housing policies that enable more housing to be built in shorter timelines, so that more of our vulnerable neighbors can have a home that they can afford. And a home that they can be proud of. In November, we will have the opportunity to make a huge impact on the housing crisis by supporting a Bay Area regional bond measure. It’s an up to $20 billion dollar bond that has the potential to create up to 72,000 new affordable homes, more than double what would be possible without a bond. And it would help keep existing homes affordable. Thanks to the Bay Area Housing Finance Authority (BAHFA), the bond will be on our ballots – read about it here: https://bit.ly/4d9voVG. #Housingforall #AffordableHousing #PartnershipsMatter #GreaterBayArea County of Santa Clara Metropolitan Transportation Commission

Join us on Friday, July 26, at 12:00 noon to hear the latest news about the transformational 2024 Regional Affordable Housing Bond, and what it can do for our communities! Register today at https://bit.ly/46awize. July Policy in Action The 2024 Regional Affordable Housing Bond: A Transformational Opportunity July 26, 12:00-1:00 pm via Zoom In November, voters across the 9-county Bay Area will have the opportunity to weigh in on a regional affordable housing bond (RM-4) that will bring $20 billion to our communities, producing and preserving tens of thousands of affordable homes and building on the success of Santa Clara County's Measure A. SV at Home and Working Partnerships USA are co-leading efforts in Santa Clara County to educate the public and prepare for the bond's successful passage. The November ballot will also see a critical constitutional amendment (Prop. 5) to lower the voter approval threshold for affordable housing bonds from a 2/3 majority to 55% - the same approval threshold that school facilities bonds have used successfully since 2000. Join us and learn more about these two important issues, and the collective impact they can have in our communities!

According to both San Jose city officials and nonprofit leaders, building affordable housing takes time and is a complicated issue requiring collaboration. In Margaret Baum’s cover article with the Silicon Valley Business Journal, our Chief Financial Officer and Head of Partnerships & Strategy, Julie Rosser Mahowald and local experts delve into the collaborative efforts required to tackle the affordable housing crisis in Santa Clara County. In the article, Julie highlights Housing Trust's commitment to creating inclusive communities and how affordable housing projects are essential to providing safe, dignified homes for neighbors of all incomes and backgrounds, particularly those experiencing homelessness. We were pleased to partner with Eden Housing, Inc. and Affirmed Housing on the beautiful projects featured in the article. For nearly 25 years, Housing Trust has used transformative housing finance and public and private partnerships to create more equitable and affordable communities. To date, we've invested $600 million in the region and created more than 50,000 homes! Read the full article to learn more about our work and where do we all go from here: https://lnkd.in/gC8z-9D6. Visit our website to learn more about our impact: https://lnkd.in/graRc9e. #AffordableHousing #EndingHomelessness #CommunityDevelopment #Housingforall #PartnershipsMatter County of Santa Clara City of San José

More than 120 affordable homes JUST FUNDED in Santa Cruz! Part of an overall vision for downtown City of Santa Cruz, the Downtown Library & Affordable Housing Project is jointly developed by FOR THE FUTURE HOUSING, INC and Eden Housing, Inc. We are elated to have provided a predevelopment loan through our Monterey Bay Housing Trust, a partnership with Monterey Bay Economic Partnership (MBEP), and our TECH Fund. The momentum of this partnership continues to grow – in May, we funded Pacific Station North with For the Future Housing and Eden Housing. We are excited about this collaboration and look forward to growing our impact for our neighbors in the Monterey Bay/Santa Cruz region! Learn more at https://conta.cc/4cyEb3v. #JustFunded #HousingforAll #AffordableHousing #ImpactInvesting #TECHFund #MontereyBayHousingTrust #Partnerships Housing Santa Cruz County

The Rodeo Creek Court Community is now complete with 11 new homes in the City of Santa Cruz! Congratulations to our partners, Habitat for Humanity Monterey Bay and the new homeowners who recently celebrated the completion of the entire project! Since breaking ground in August 2020, the community has welcomed four teachers, two city workers, a chef, independent business owners, single parents, and two families who lost their rental homes in the 2020 CZU fires. Also, 18 children (one born just recently) have grown up together playing in the huge playground! We are honored to have supported this project by providing early funding through a construction loan. Thank you for the amazing opportunity to watch this community grow and thrive! #HousingforAll #AffordableHousing #ItTakesAVillage #ImpactInvesting

Hot off the (digital) press! Check out our June Housing Our Neighbors newsletter: https://conta.cc/3xy1onq. From a Grand Opening, to a Home Dedication Ceremony, Neighborly Stories, and more, see what we've been up to. BRIDGE Housing Corporation The Unity Council Habitat for Humanity Monterey Bay Affirmed Housing County of Santa Clara Housing California

We couldn't end the month of June without celebrating Homeownership Month! We'd like to thank our incredible team and partners who make the dream of homeownership a reality for families and individuals who live or work in Santa Clara County. With the help of Empower Homebuyers SCC – the County of Santa Clara's down payment assistance program administered by Housing Trust – renters were able to purchase their first home with a loan that is up to 30% of the purchase price. San Jose residents Khoa and Phuong were determined to become homeowners. From living in a converted garage to a three-bedroom home, they are now on their way to building generational wealth! Learn more about Empower and register for an upcoming Info Session: https://lnkd.in/gJu4gZu. #HomeownershipMonth #EmpowerHomebuyers #downpaymentassistance #SuccessStory