Apple Affordable Housing Fund
Housing Trust Opens Request for Information for Apple Affordable Housing Fund
Apple announced a comprehensive $2.5 billion plan in November 2019 to help address the housing availability and affordability crisis in California.
The Apple Affordable Housing Fund is now open for responses to the 2021 Request for Information (RFI).
This Fund intends to make loans to qualified developers to help accelerate affordable housing throughout the Bay Area.
Housing Trust is requesting information from developers for the Fund, to unstick developments that will be “shovel ready” on or before June 30, 2022.
They are seeking projects that are all but ready to proceed, yet need unique and flexible capital to allow the project to move to the construction phase.
Developers are encouraged to learn more information about the Fund and review the threshold and preference criteria before submitting proposals.
Access the online RFI Form here
RFI released: March 26, 2021
Information session: April 7, 2021 at 3:00pm PST
Last day for questions: April 12, 2021 by 11:59pm PST
Proposal deadline: April 20, 2021 by 11:59pm, PST