The HEART/Meriwest downpayment assistance loan program is now available for properties in Daly City! Find out how to buy your first home in San Mateo County for up to $795,187 with only 5% down and no PMI.
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
New address: 2905 S. El Camino Real, San Mateo, CA 94403
New Phone: 650-242-1764
HEART is now located in a ground floor office at Peninsula Station, a mixed-use affordable housing development for 68 working families owned by MidPen Housing. We are directly across the street from Hillsdale Shopping Center.
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.
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.
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.
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.
“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