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AECFeaturedFinanceINDUSTRY newsResidential

Apple-Backed Housing Trust Silicon Valley Mobilizes $200MM to Combat Bay Area’s Affordability Crisis

The nonprofit is leveraging corporate partnerships and philanthropic momentum to create thousands of affordable homes as federal support wanes When Noni Ramos opened...

View of motorway junction
AECFeaturedFinanceINDUSTRY newsResidential

Housing Trust Silicon Valley Lands $30MM MacKenzie Scott Gift to Tackle Bay Area Housing Crisis

Unrestricted donation will fund decade-long expansion of lending, homeownership programs, and policy advocacy Housing Trust Silicon Valley received an unexpected windfall when philanthropist...

San Jose
AECINDUSTRY newsResidential

New 60-Unit Affordable Housing Complex Opens in East San José, Targeting County’s Most Vulnerable

Charities Housing celebrates grand opening of 1860 Alum Rock Apartments, with half of units reserved for rapid-rehousing program participants East San José will...

AECINDUSTRY newsNews ReleasesResidential

Affirmed Housing Announces Groundbreaking on 86-Unit Affordable Housing Community in Redwood City

Monarch at Redwood to bring on-site support and lasting stability for families and individuals to North Fair Oaks Neighborhood SAN MATEO COUNTY, Calif.;...

juno-jo-V1UqNQlxrgw-unsplash-housing
AECINDUSTRY newsResidential

Santa Clara County Exceeds Affordable Housing Goals Despite Soaring Development Costs

Santa Clara County has achieved a rare victory in the Bay Area’s ongoing affordable housing crisis by surpassing its construction targets by 38...

1214 Soquel Avenue Santa Cruz, Seabright Plaza Shopping Center, Bei-Scott Properties
AECINDUSTRY newsResidential

Eden Housing & Partners Break Ground on $65MM 124-Unit Mixed-Use Development in Santa Cruz

Downtown Library Affordable Housing Project combines apartments with community amenities in bid to address California’s housing crisis Where most cities see an either-or...

siddharth-bhogra-7QOy71-XFys-unsplash-apartment
AECINDUSTRY newsResidential

Former Motel Becomes Beacon of Hope: Fremont Unveils $186MM, 126-Unit Affordable Housing Transformation

Adaptive reuse project transforms Islander Motel into Bell Street Gardens, addressing Bay Area’s housing crisis with innovative financing In a response to the...

Oak Gardens, MidPen Housing, VA Palo Alto Health Care System, Menlo Park, US Department of Veterans Affairs, San Mateo County, First Citizens Bank, Housing Trust Silicon Valley, National Equity Fund, California Department of Housing and Community Development, Local Initiatives Support Corporation, Housing Authority of the County of San Mateo, Federal Home Loan Bank of San Francisco, California Tax Credit Allocation Committee, Van Meter Williams Pollack LLP, Guzman Construction Group, Bay Area
AECINDUSTRY newsNews ReleasesResidential

MidPen Housing, Partners Announce Groundbreaking on 62 Affordable Homes for Veterans in Menlo Park

MENLO PARK, CA, February 26, 2025—Elected officials and public- and private-sector partners gathered here today to celebrate the groundbreaking of Oak Gardens, a...

tobias-wilden-4453DIQWtsQ-unsplash-apartment
FinanceINDUSTRY newsNews ReleasesResidential

Housing Trust Silicon Valley Receives $30MM Gift from Philanthropist MacKenzie Scott

Donation to Fuel Housing Trust’s Mission of Building Equitable and Affordable Communities Across the Bay Area San Jose, CA – October 2, 2024...

Meridian, Sunnyvale, Santa Clara County, Related California, Sunnyvale City Council, Housing Choices Coalition, Steinberg Hart, Santa Clara Housing Authority, San Andreas Regional Center, California Department of Developmental Services, Wells Fargo, Citibank, Housing Trust Silicon Valley, Google, Bay Area
AECINDUSTRY newsNews ReleasesResidential

Community Leaders Celebrate Grand Opening of 90-Unit Affordable Housing Complex in Sunnyvale

Twenty-three units are prioritized for low-income households with intellectual and developmental disabilities Sunnyvale, CA – On April 23, community leaders, stakeholders, and residents...

Charities Housing, Silicon Valley, Mountain View, Santa Clara, Housing Trust Silicon Valley, Destination: Home, Catholic Charities of Santa Clara County
AECINDUSTRY newsResidential

Charities Housing to Break Ground on 84-Unit Affordable Project in Mountain View

Charities Housing, a vanguard in the development and preservation of affordable housing in Silicon Valley, has announced a groundbreaking ceremony for its new...

California Coalition for Community Investment, Community Development Financial Institutions, California Investment and Innovation Fund Program, Housing Trust Silicon Valley
AECFinanceINDUSTRY newsNews ReleasesResidential

State Treasurer’s Office Awards $50MM Grant to Build Affordable Housing Throughout California

Sacramento, CA –– California Coalition for Community Investment (CCCI), a statewide coalition of Community Development Financial Institutions (CDFIs) serving California, proudly announces its...

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