Showing posts with label housing trust. Show all posts
Showing posts with label housing trust. Show all posts

Friday, June 13, 2025

Boosting Affordable Housing in San Jose: Housing Trust Launches New Grant Program

Housing Trust Silicon Valley just rolled out an exciting initiative called the Capital for Capacity Grant Program on June 11, 2025. This program is all about empowering community-based housing developers with grants of up to $50,000. The goal? To help them grow stronger, secure more funding, and build affordable housing that makes a real difference in the Bay Area, including right here in our city.

What makes this program stand out is how it tackles the challenges developers face head-on. These grants will support improvements in financial systems, staff skills, project management, and partnerships. Over the next 12 to 18 months, Housing Trust will work hand-in-hand with grantees to set goals, track progress, and even connect them with peers to share ideas. One of the lucky recipients is a San Jose gem: the School of Arts and Culture at Mexican Heritage Plaza. This local favorite, alongside other Bay Area groups like Black Cultural Zone in East Oakland and The Unity Council in Oakland, will get the boost they need to bring more affordable homes to life.

Affordable housing is a hot topic, and this program means more chances for people to stay and thrive in our community. With support from First Citizens Bank, The Wells Fargo Foundation, U.S. Bank, and Chinatrust Banking Corporation, Housing Trust is laying the groundwork for a stronger, more inclusive Bay Area. 

Want to dig deeper into how Housing Trust is shaping our region’s future? Check out housingtrustsv.org for the full scoop on their efforts.