Tag Archives | HEART funding

Thank you to Bank of America Foundation

We thank Bank of America Foundation for supporting the “nuts and bolts” of funding “bricks and mortar” projects. The metaphors and nonprofit buzz words, of course, are free. Read more…….

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New housing opens August 2012 in South San Francisco; HEART made $1M loan

MidPen Housing received over 2,300 applications for the 109 homes, demonstrating that the need for funding affordable homes is as great as ever. Read more about this HEART-funded development which opens in August 2012.

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HEART raises over $100,000 at May lunch, with 370 guests.

Thanks to you we raised over $100,000 for HEART at our May 7 lunch. Thank you Lori Goler, Vice President of People of Facebook who gave the keynote, to Facebook for a $25,000 donation, and to our board, sponsors and volunteers. See more photos from the event…….

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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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Ask the Credit Union Guy – fixed vs. adjustable rate mortgages

HEART and Meriwest Credit Union have partnered to offer conforming mortgages and downpayment assistance loans to moderate-income first-time homebuyers in San Mateo County. Which is the right loan for you, and what does our program offer?

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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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Over 300 Attend Lunch to Benefit HEART

Thanks to you we reached our $3M campaign goal, and met our $10K challenge grant. With your support, HEART raised $60K, A big thank you to keynote speaker, Steve Westly, who spoke about investing in green buildings, lead sponsor Borel Private Bank & Trust Co., and to all of our presenters and participants.

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HEART receives $2M grant from State Prop 1C funds

The California Department of Housing and Community Development (HCD) has awarded a $2 million matching grant to HEART as part of its competitive Local Housing Trust Fund Program funded by Proposition 1C, the housing bond measure approved by state voters in 2006. The funds, which should be available in 2012, provide $700,000 for affordable rental housing loans and $1.3 million for downpayment assistance loans to low and moderate-income families.

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Breaking ground for Peninsula Station in San Mateo

On Thursday afternoon, 5/14/09, MidPen Housing celebrated the groundbreaking for Peninsula Station, a new development on El Camino Real in San Mateo, next to Borders Book and CalTrain. When completed in summer 2010, Pen Station will provide affordable rental homes for 68 working families.

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Affordable Housing Week video – May 9-16, 2009

Watch this video about HEART and housing produced by Comcast for Affordable Housing Week.

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