650.872.4444    info@heartofsmc.org

For Developers

 

Current Funding Guidelines

QuickStart Revolving Loan Fund

On October 20, 2006, HEART announced the launch of its QuickStart Revolving Loan Fund. Funding is provided by Wells Fargo, CalHFA, and Silicon Valley Community Foundation. With QuickStart, HEART is providing up to three-year loans at 2% interest to finance construction of multifamily rental and ownership housing, and also second (accessory) units. You can read a cover letter about the fund from the then-Board Chair and the Executive Director:
Click here »

As of January 2010, there is currently $400,000 in the QuickStart Fund. Download and print a PDF of the Notice of Funding Availability:
Click here »
Note revised contact information.

HEART Genentech Fund for South San Francisco

Notice: On 2/25/09, the HEART Board of Directors reinstituted the Notice of Funding Availability for the HEART Genentech Development Fund for South San Francisco. The Board subsequently made a funding commitment to El Camino Family Housing.

 

HEART's News

HEART's Accomplishments

New! Progress Report, Spring '09:

Click here »

News Articles

05.15.09 :: San Mateo Daily Journal

Extra funding helps affordable housing

Plans for San Mateo's newest affordable housing development almost got shelved when the economy turned south, but last-minute loans from San Mateo, the county and HEART were praised yesterday in a groundbreaking ceremony.

03.17.09 :: San Mateo County Times

San Mateo County housing groups gets loans for affordable housing projects.

03.05.09 :: San Francisco Business Times

San Mateo's HEART to invest $2M for housing

HEART picks up in San Mateo when state stumbles; supports new community in South San Francisco

01.12.09 :: Examiner

County needs funding from proposed stimulus

Letter to the editor.

08.14.08 :: Daily News

City of Belmont Joins HEART

HEART now includes every city in the county.

See All News Articles »

Press Releases

03.05.2009 ::

Local housing trust invests $2million in affordable homes for families

08.13.2008 ::

City of Belmont joins HEART

City Council votes unanimously to participate

08.12.2008 ::

HEART closes first loan in Homebuyer Assistance Program

HEART "opens doors" in the City of San Mateo for local employee

See All Press Releases »

Upcoming Meetings

02.03.2010 :: 10:30 am-noon

Fund Development Committee

Borel Private Bank & Trust Conf. Rm., 160 Bovet Rd, San Mateo

Agenda to come...

Agenda »

01.15.2010 :: 8:00-9:00 am

Finance Committee

San Mateo Co. Board of Supervisors, 400 County Center, 1st fl, Redwood City

Agenda »

02.16.2010 :: 3:00-4:30 pm

Program Committee

San Mateo Co. Dept. of Housing, 264 Harbor Blvd, Building A, Belmont

Agenda »

Agenda to come...

02.24.2010 :: 3:00-4:30 pm

Board of Directors

Silicon Valley Community Foundation Conference Ctr, 1300 So. El Camino Real, San Mateo

Agenda »

Agenda to come...

See All Meetings »

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