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.
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…….
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..
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?
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.
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.
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.
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.
Watch this video about HEART and housing produced by Comcast for Affordable Housing Week.
We had a tasty “friendraiser” event just before Valentine’s Day. You can see photos here. Many thanks to Borel Private Bank & Trust Co. for hosting the event at their San Mateo branch! Also, the State contemplates a permanent source of revenue for affordable housing.
