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.
City Council approved revised HTF and Small Sites Program Guidelines on January 19, 2021: Housing Trust Fund and Small Sites Program 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: 2021 Housing Trust Fund
Request for Proposals
The City of Berkeley is
soliciting applications for affordable housing developments through
its 2021 Housing Trust Fund Request for Proposals (RFP) process.
The RFP includes an estimated $14.2 in development funds.
Priorities include renovations with health and safety needs, and
new construction projects demonstrating readiness to start
construction. The RFP also includes funds for an operating subsidy
for formerly homeless households estimated at $230,000 per year for
15 years. Applications are due September 2nd, and the
materials are linked below.
2021 HTF RFP and Application Instructions
2021 HTF RFP Application Workbook
REVISED: Notice of Funding Availability (NOFA) for Educator Housing
The City of Berkeley has approximately $24.5 million in Measure O funds to support a Berkeley Unified School District sponsored affordable housing project for educators. The application due date has been extended to September 23rd. Please review the application for detailed information on the City's process and what is required to be eligible for funding.
Educator Housing NOFA Application Materials
Educator Housing NOFA and Application Instructions
Application Workbook
Questions & Answers
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 SSP NOFA Application Materials
NOFA and Application Instructions
Application Workbook
Certification of Household Income Form (spreadsheet)
SSP Application Status
NOFA Questions and Answers 12/28/2020
Previously Awarded SSP Funds
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
|