| | Housing Trust Newsletter May 2025 | | Happy Affordable Housing Month! This month highlights the critical need for equitable, affordable housing, and the collaborative efforts required to expand access to safe, stable homes across our region. We look forward to joining our partners and community members in a range of events that celebrate and advance this work! | Affordable Housing Finance 101 Trainings | |
📅 May 8, 10:30 am - 12:00 pm: Webinar – Register here
📅 May 15, 10:30 am - 12:00 pm: In-person in Oakland – Register here
📅 May 22, 1:00 - 2:30 pm: In-person in Sacramento – Register here
This training is for elected officials and staff, city/county staff, professionals new to affordable housing development, advocates, and anyone interested in learning more about affordable housing finance.
| Home Access Program Informational Session | |
📅 May 7, 6:00 - 7:00 pm: Webinar – Register here
This session is for first-time homebuyers interested in buying a home in the counties of Alameda or Contra Costa, and who would like to learn about our Home Access Program down payment assistance for eligible buyers. READ MORE
| As we continue celebrating Progress and Possibility: 25 Years of Partnership, we’re excited to mark our latest milestone — the opening of our Oakland office! Join us for an evening with colleagues and friends to enjoy great food and drinks, connect with community, and hear from special guests. RSVP Today. | | |
Just Funded: Hill Street Apartments
Belmont, San Mateo County
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Developer: Linc Housing
Housing Trust Loan: $1,784,500 Construction-to-Permanent
Proposed Units: 37
Population Served: Families
Congratulations to Linc Housing on securing financing for Hill Street Apartments, a 37-unit affordable housing development located in Belmont. Housing Trust is pleased to provide a $1,784,500 construction-to-permanent loan through our Apple Affordable Housing Fund to support this project.
This is our second project in Belmont, following our support for 951 Old County Road, a 63-unit development for low-income families.
We're excited to embark on our first project with Linc Housing and look forward to future collaborations to expand affordable housing across the region! READ MORE
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Just Funded: 2025 Mattison Lane
Santa Cruz, Santa Cruz County
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Developer: MidPen Housing
Housing Trust Loan: $9,945,000 Acquisition
Proposed Units: 250
Population Served: Families and Seniors
Congratulations to MidPen Housing on securing acquisition financing for 2727 Mattison Lane, a 250-unit affordable housing development in Santa Cruz. Housing Trust is pleased to provide a $9,945,000 acquisition loan through our TECH Fund to support this significant project.
Designed as an intergenerational community, this project will serve both families and seniors earning between 30% and 60% of the area median income.
This project is an example of our transformative work in the Monterey Bay region, providing 14 loans in the area totaling $33 million to date, with many projects financed with our Monterey Bay Housing Trust funding partners, Monterey Bay Economic Partnership (MBEP). READ MORE
| | Partner Highlight: Casa Adelante Groundbreaking | | |
A huge congratulations to our partners Chinatown Community Development Center (CCDC) and Mission Economic Development Agency (MEDA) on the groundbreaking of Casa Adelante, an intergenerational 168-unit affordable housing community in San Francisco’s Mission District!
The project will provide homes for families, formerly homeless individuals, and people living with HIV, and is the largest new affordable housing project in the Mission in 20 years.
We are proud to support Casa Adelante with a construction-to-permanent loan through our Apple Affordable Housing Fund. When we fulfill our mission to use public and private funding to create more equitable, affordable communities, great things happen! READ MORE
| | Inspiring the Next Generation | | |
We had the pleasure of welcoming a dynamic group of college students to our office as part of the Spring 2025 Housing Partnership Network's Next Gen Talent Academy, in partnership with Project Destined. This initiative connects students from across the country with immersive, real-world experiences in the affordable housing sector.
Students engaged in a hands-on simulation game that challenged them to navigate the tough tradeoffs developers face when building affordable homes—balancing community needs, financing constraints, and policy realities. They also heard directly from our team about how Housing Trust helps bring affordable housing to life and toured Villas on the Park, PATH and Affirmed Housing's supportive housing community in downtown San Jose where students were able to learn first-hand how housing transforms lives (we provided predevelopment financing – more info here). READ MORE
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Congratulations to our Board Chair, Lisa Gutierrez, Senior Vice President and Director of Business Development for Affordable Housing at U.S. Bank, on being named one of the Top 50 Women Leaders of Sacramento for 2025 by Women We Admire!
A proud Sacramento native and Sacramento State alum, Lisa leads national teams focused on equity, debt, and multi-investor fund originations. We are incredibly proud to have her leadership on our Housing Trust board helping us with our mission to create more equitable, affordable housing opportunities and thrilled to see her honored for the impact she's making both locally and nationally.
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Congratulations to our new board member Sindy Spivak, on being named a Women of Influence: Finance 2025 by the Los Angeles Business Journal! This award recognizes Sindy as a leader in financial innovation, leading a team of 20+ at Bank of America to provide financial solutions and unlock opportunities for affordable homes in our communities.
Thanks to Sindy and the rest of our amazing board for their dedication to using transformative affordable housing finance to help our neighbors thrive!
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Join us on October 15 at 4 pm as we celebrate Housing Trust's 25th Anniversary at the California Theatre in downtown San Jose! Enjoy a networking reception and a special program as we reflect on Progress and Possibility: 25 Years of Partnership. Stay tuned for more details.
Become a sponsor today by contacting Matt Pham at matt@housingtrustsv.org.
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Join Housing Trust as a Senior Loan Officer in our new Oakland office. You’ll originate and manage loans that help reduce homelessness, expand and preserve multifamily housing across the Bay Area, and have the autonomy to shape lending strategies that drive real, long-term change.
LEARN MORE & APPLY TODAY
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