HEART makes $3.5M loan for land acquisition in North Fair Oaks neighborhood of Redwood City. This is HEART’s largest loan to date, and the first partnership with Palo Alto Housing for 67 units of housing for low and very-low income families and homeless and at-risk veterans.

HEART makes $3.5M loan for land acquisition in North Fair Oaks neighborhood of Redwood City

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.

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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~Julie Barnard
“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