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 made a $500K loan to Ocean View Senior Apartments in Pacifica in 2008 for a new roof. BRIDGE Housing bought the property from National Church Residences in 2016 and HEART restructured the loan to enable needed renovations. Read more, and to apply for housing: http://www.bridgehousing.com/properties/oceanview
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
HEART makes $700K loan to Core Housing for pre-development of 60 homes for veterans at the VA in Menlo Park
Grand opening in March, 2016. HEART made a $700,000 loan to Core Affordable Housing for the development of 60 units of affordable apartments for very-low and extremely low-income families, including at-risk and homeless veterans and their families on the Menlo Park VA site.
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.
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.
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..
Chris Dubon and Nikole Kosier have a new son and an affordable apartment at Trestle Glen family apartments, near Colma BART. Chris recently graduated from college, and longed to return to his home in South San Francisco.
~Jennifer & Andrew
“With the money I saved through HEART, I have enough to fix up the house…”