Armando Sanchez has been named the new Executive Director of HEART, the Housing Endowment and Regional Trust of San Mateo County, an agency that raises money to address the challenge of housing needs in San Mateo County. Sanchez will begin his new role on March 14, 2016.
HEART made loans for land acquisition to EPA CAN DO in East Palo Alto. MidPen Housing has partnered with MidPen for 41 units of affordable senior housing on University Avenue, and repaid the HEART loans, thus allowing the funds to be reinvested in the community.
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…..
HEART approved a $500K loan to Habitat for Humanity GSF for land acquisition on Jefferson Ave. in Redwood City for proposed 16 homes on Jefferson Ave.
Thanks to our 380 guests who came to celebrate “Ten Years: A Thousand Doors,” HEART’s 10th Anniversary Luncheon” on May 15 in South San Francisco. Our keynote speaker John Stewart, a noted developer in the Bay Area, rocked the room. We debuted two new films, and raised over $120K for affordable housing programs. Read and see more….
Meet Julie S., an art teacher in San Mateo who was able to buy her first home with the help of HEART and Meriwest Mortgage’s first time homebuyer program. With 5% down and no PMI, she is grateful for the community support that made this possible…..read more
Tiffanie and Timothy K. grew up in Foster City and South San Francisco, and are grateful that they were selected to rent a new affordable apartment at Delaware Pacific in San Mateo. However, the need for affordable housing is so much greater…..read more.
HEART makes $700K loan to Mental Health Association for land acquisition in North Fair Oaks; site plans for 15 homes for special needs housing for mentally disabled individuals.This is part of Prop 1C funding.
Meet Cris and Koren – a young couple who bought their first home in San Carlos thanks to the HEART/Meriwest Downpayment Assistance Loan Fund.
New HEART film highlights the opening of 636 El Camino affordable family apartments in South San Francisco. Meet Julie and her family, who are profoundly grateful to all the people in the public/private partnership who helped.
~Jennifer & Andrew
“With the money I saved through HEART, I have enough to fix up the house…”