Tag Archives | affordable rental housing

New Developer Loans – Notice of Funds Available

August 6, 2012 – HEART announces $700K available to multi-family housing developers through two loan programs: QuickStart an existing short term loan fund and SemiPerm, a new program for medium-term loan options. Find out more..

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San Mateo County Launches Free Housing Locator Service

The new service, SMCHousingSearch.org offers renters, landlords, housing professionals and anyone with access to a computer, tablet or smartphone access to real-time information about rental housing, ranging from subsidized to market rate, in San Mateo County.

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Affordable family rental housing in South San Francisco receives over 2000 applications

636 El Camino, a HEART-funded project for 109 families in South San Francisco received over 2000 applications for their new apartments opening in Fall 2012.

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HEART makes loans to developers to build affordable rental homes

Chris Dubon and Nikole Kosier have a new son and an affordable apartment at Trestle Glen family apartments, near Colma BART. Chris recently graduated from college, and longed to return to his home in South San Francisco.

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Trestle Glen is the best thing that has happened to us

“We have a safe, warm place for our children…” Gumshu and Roi were political refugees from Burma. Gumshu worked in restaurants, and now owns his own sushi stand in a Redwood City. “Getting an apartment at Trestle Glen is the best thing that has happened to us. We were living in an illegal in-law unit more »

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$200K loan for police station redevelopment site in San Mateo

HEART approved a $200K pre-development loan to Palo Alto Partners, a for-profit entity that represents one-half of the development team for the San Mateo Police Station site redevelopment at 2000 S. Delaware Street in San Mateo. Stay tuned for more details.

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HEART is a community loan fund to create more affordable homes for all our residents

Before dawn I joined 244 other volunteers and homeless folks in San Mateo County to go count people living in the streets. We joined thousands across the county in conducting a bi-annual census of people without homes. Since I live in San Bruno and wanted to get to know my town and its residents better, I went to the Safe Harbor Shelter in South City for training and to meet my partner David Sharp, a resident of his Ford Taurus who lives at a local fast food parking lot at night in South City.

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Breakfast at Trestle Glen affordable family homes in Colma

HEART hosted a breakfast for forty supporters at the newly-opened Trestle Glen family apartments in Colma, next to the BART station. Guests got to meet a resident, Princess S. (second from right) who told the story of her family’s search for affordable housing once their son was born.

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Peninsula Station affordable family homes open in San Mateo

HEART welcomed fifty guests and supporters to a breakfast and tour of the newly-opened Peninsula Station affordable rental homes in San Mateo. Developed by MidPen Housing, and located next to the Caltrain station on El Camino Real, across from Hillsdale Mall, the 68-unit development is a perfect example of high-density, transit-oriented housing.

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Trestle Glen family housing, 119 homes near Colma BART, opens in May 2010

Bridge Housing, in partnership with the County of San Mateo, celebrated the grand opening of Trestle Glen family housing during Affordable Housing Week, on May 13, 2010. Trestle Glen features 119 one-, two- and three-bedroom apartments that are affordable to families with annual incomes ranging from $16,491 to $55,560 for a family of four (20 to 50% of Area Median Income, AMI). Rents range from $403 to $1,400 per month.

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