HEART made a $500K loan to Ocean View Senior Apartments in Pacifica in 2008 for a new roof. BRIDGE Housing bought the property from National Church Residences in 2016 and HEART restructured the loan to enable needed renovations. Read more, and to apply for housing: http://www.bridgehousing.com/properties/oceanview
HEART has provided a $500,000 loan for Bay Meadows Affordable Housing, a 68-unit apartment complex on South Delaware Street in San Mateo. To apply for housing please contact: http://www.bridgehousing.com/ or call Tel: 415.989.1111
HEART restructures loan to Ocean View housing in Pacifica, preserves affordability for 100 senior residents
In October 2015 National Church Residences completed the sale of Ocean View senior housing in Pacifica to BRIDGE Housing. HEART restructured a $500k loan to preserve affordability. Read more…..
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.
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.
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.
“Like an FHA loan, but more flexible for the condo we wanted….” ~Jennifer & Andrew
“With the money I saved through HEART, I have enough to fix up the house…” ~Krystal