$590+ Million Invested In the Greater Bay Area Region

We are excited to share our latest impact numbers! Since Housing Trust first began in 2000, we cumulatively invested $590 million in affordable housing, resulting in the creation of more than 26,000 affordable housing opportunities, helping 50,000+ neighbors. Also, we leveraged more than $7.8 billion across the 14-county greater Bay Area region, including Sacramento.

On top of that, we recently funded two new projects that will create more than 180 new homes for our neighbors in the North Bay and East Bay: Residences at Liberation Park in Oakland and 200 & 290 B Street in Santa Rosa. Learn more about these new communities below.

RESIDENCES AT LIBERATION PARK

OAKLAND, CA

Co-Developers: Black Cultural Zone Community Development Corporation (BCZ) and Eden Housing

Housing Trust Loan: $1.5 million

Proposed Units: 119

Population Served: Families

Located in the Eastmont neighborhood of Oakland near public transportation, Liberation Park is being developed as a joint venture between BCZ and Eden Housing. It will consist of 119 residences for families earning at or below 60% AMI. BCZ is a staunch advocate for the Black community in East Oakland and the project is embedded in the social-cultural fabric of the neighborhood.

At Housing Trust, we recognize that it has been historically difficult for developers who are Black or Brown to access capital. We are committed to changing this. As a Community Development Financial Institution (CDFI), we know that supporting developers from diverse backgrounds is transformative work—and will have a ripple effect on the communities that they serve. We are excited to be part of this new project!

Read more.

200 & 290 B STREET

SANTA ROSA, CA

Developer: Phoenix Development

Housing Trust Loan: $7.225 million

Proposed Units: 64

Population Served: Workforce Housing

Located in downtown Santa Rosa, 200 and 290 B Street will consist of a 64 unit affordable housing mix, including 32 units for households earning up to 80% of the Area Median Income (AMI) and 32 units for households earning up to 140% AMI.

Housing Trust provided an acquisition loan of $7,225,000 to Phoenix Development through our Sonoma County Housing Fund (SCHF) and from our HT Lending Capital. SCHF is a joint partnership between Housing Trust and the Santa Rosa Metro Chamber that leverages each other’s strengths, expertise, and local relationships. We look forward to growing our partnership’s impact in the North Bay!

Read more.

Thinking about your next affordable housing project – let’s talk!

Housing Trust works with mission-aligned developers to move their projects from concept to creation. Get in touch now to get started.

For more information on lending programs for developers, contact: Fathia Macauley, Stephaney Kipple, or Maryann Salt.

Fathia Macauley

Chief Lending Officer

Stephaney Kipple

Multifamily Lending Manager

Maryann Salt

Loan Officer

Learn More on Social Media

We are excited to share more stories about these developments on social media – from groundbreakings to grand openings, site tours, resident move-ins, and community celebrations. Find and follow us below and like/share our posts with your network.