Habitat for Humanity East Bay/Silicon Valley

Oakland,
CA
(2010)

Habitat for Humanity East Bay/Silicon Valley

Affordable Housing

NMTC financing supported the construction of 50 affordable homes for Habitat for Humanity, East Bay/Oakland. The project also provided housing counseling.

Investment

NMTC Amount: $6,875,958
Total Project Cost: $6,875,958

IMPACT

44 FTE jobs
44 construction jobs
Construction of 50 affordable homes.

CDEs

Clearinghouse CDFI

Investor

Wells Fargo

Voices from the Community

Due to the NMTC deals, we are able to build affordable homes in our community for home-ownership which in turn builds more opportunities and stable communities for all involved.

-Christine Chu, Controller, Habitat for Humanity EBSV, Oakland, California

Leveraging the NMTC means that we are able to serve more low income families in need of a safe and affordable home.

-Janice Jensen, Habitat for Humanity East Bay/Silicon Valley, Oakland, California

Project Description

NMTC financing supported the construction of 50 affordable homes for Habitat for Humanity, East Bay/Oakland. The project also provided housing counseling.

MAP

Address: 935 84th Avenue, Oakland, CA 94621

Census Tract: 6013314104

Other California Projects

Balboa Elementary School

Antioch,
CA
(2011)

Community, Infrastructure, Schools, Solar, Youth and Families

CDE(s): TELACU

NMTC financing supported solar panels for Balboa Elementary school.

A Plus Gutter

Commerce,
CA
(2021)

Retail

CDE(s): Local Initiatives Support Corporation

The borrower was created in 2018 to purchase real estate at 4515 Dunham street for the OC (A Plus Gutter Systems) to operate out of. The Borrower will use the

Innovative Development and Living Solutions

Clovis,
CA
(2016)

Adult Daycare, Community, Healthcare, Nursing Homes and Hospice

CDE(s): Community Vision, USBCDE

The new construction of an assisted living facility for the elderly.

Mercado la Paloma

Los Angeles,
CA
(2014)

Affordable Housing, Community, Incubator, Mixed-use, Restaurants and Catering, Retail, Retail and Commercial

CDE(s): Chase, Genesis LA CDE

Esperanza Community Housing Corporation, a nonprofit organization that supports affordable housing, health, arts and sciences, education and economic development, renovated a former garment factory into a 35,000-square-foot mixed-use building.