Berkeley Housing Trust Fund
The City of Berkeley created its Housing Trust Fund (HTF) in 1990. A housing trust fund is a program that pools funds for affordable housing construction from a variety of sources with different requirements, and makes them available through one single application process to local developers.
To view the HTF Guidelines published in 1990 and amended on April 5, 2016, click on this link, Housing Trust Fund Guidelines.
The following document includes the City's standard terms for HTF loans. Variations from the standard loan terms may require City Manager approval or City Council action. HTF Key Loan Terms.
Housing Trust Fund Pipeline
The Housing Trust Fund program is the City’s primary tool
for supporting new affordable housing development. The City is currently
working with several non-profit developers and land trusts to bring new units
to our community. Below is the pipeline of all current City-supported
projects.
| Project |
Type |
Sponsor |
City
Predevelopment
Loan |
Total
City
Funds
Committed |
Status |
Projected
Units |
Income
Levels
Served (AMI) |
| 1740
San Pablo Avenue |
Affordable
Housing |
BRIDGE
Housing |
$7,100,000 |
$7,500,000 |
Site
acquired/ Predevelopment |
60 |
30%-60% |
| 2321-2323
10th Street |
Community
Land Trust |
Northern
California Land Trust |
$50,000 |
$1,620,640 |
Site acquired/ Pending rehab
|
8 |
30%-80% |
| 2527
San Pablo Avenue |
Affordable
Housing |
Satellite
Affordable Housing Associates |
$500,000 |
$11,500,00 |
Site
acquired/ Predevelopment |
62 |
30%-60% |
| Maudelle
Miller Shirek Community (2001 Ashby) |
Affordable
Housing |
Resources
for Community Development |
$1,568,000 |
$17,000,000 |
Site
acquired/ Predevelopment |
86 |
30%-60% |
BFHP
Hope Center
(2012 Berkeley Way) |
Shelter
and
transitional Housing |
Berkeley Food & Housing Project/
BRIDGE Housing |
$375,579 |
$16,964,507 |
Construction
starting 7/20
|
44 |
15% |
| BFHP
Hope Center PSH (2012 Berkeley Way) |
Permanent
Supportive Housing |
Berkeley Food & Housing Project/
BRIDGE Housing |
$996,538 |
$7,727,630 |
Construction
starting 7/20
|
53 |
15% |
| BRIDGE
Berkeley Way (2012 Berkeley Way) |
Affordable
Housing |
BRIDGE
Housing |
$2,595,431 |
$2,774,925 |
Construction
starting 7/20
|
89 |
50%-60% |
Jordan Court
(1601 Oxford) |
Affordable
Senior Housing |
Satellite
Affordable Housing Associates |
$25,000 |
$6,026,927 |
Construction
starting 8/20
|
35 |
30%-60% |
updated July 2020
|
Small Sites Program Notice of Funding Availability (NOFA)
The Small Sites Program supports the acquisition and renovation of small, multifamily rental properties with up to 25 units. The City of Berkeley released a Notice of Funding Availability and started accepting applications on January 31, 2019. The City received one application, and awarded $950,000 in Small Sites Program funds to Bay Area Community Land Trust for the renovation of Stuart Street Apartments. There are currently no funds available in this program.
NOFA Updates
Application Status
Stuart Street Apartments Application