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.
**NEW: Small Sites Program Notice of Funding Availability (NOFA)**
The City of Berkeley has approximately $2,846,000
in Small Sites Program funds to support the acquisition and renovation of
small, multifamily rental properties with up to 25 units. The City of Berkeley
released a Notice of Funding Availability on December 16, 2020 and will accept applications
starting January 4, 2021. Please
review the application instructions for detailed information on the City’s
process and what is required to be eligible for funding.
2020 NOFA Application Materials
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
Pre-
development
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-
Pre-
development |
60 |
30%-60% |
| 2321-2323
10th Street |
Community
Land Trust |
Northern
California Land Trust |
$50,000 |
$1,620,640 |
Site acquired-
Pre-
development |
8 |
30%-80% |
| 2527
San Pablo Avenue |
Affordable
Housing |
Satellite
Affordable Housing Associates |
$500,000 |
$11,500,00 |
Site
acquired-
Pre-
development |
62 |
30%-60% |
Maudelle
Miller Shirek Community
(2001 Ashby) |
Affordable
Housing |
Resources
for Community Development |
$1,568,000 |
$17,000,000 |
Site acquired-
Pre-
development |
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
|
NOFA Updates
Application Status
Stuart Street Apartments Application