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  • Housing Trust Fund
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Housing Trust Fund

Affordable housing developers and land trusts can apply for funding for housing projects through Berkeley’s Housing Trust Fund.

Berkeley’s Housing Trust Fund pools funds for affordable housing construction from a variety of sources with different requirements, and makes them available to developers through one single application process. Affordable housing developers and land trusts can find funding opportunities on this page as they become available.

The Housing Trust Fund and Small Sites Program Guidelines outlines the process and guidelines for how the City operates the Housing Trust Fund. Funding recipients will follow the standard Loan Terms, unless variations are granted by the City Manager or City Council.

Funding opportunities for affordable housing developers

Homekey – Request for Proposals (RFP)

Date:  November 29, 2022

The State of California Department of Housing and Community Development (the “State”) plans to release a Notice of Funding Availability (NOFA) for its Homekey program in March 2023. Homekey provides government entities funding to purchase and rehabilitate housing, including hotels, motels, vacant apartment buildings, and other buildings and convert them into interim or permanent housing. Under the Homekey program, local entities partner with the State to offer this housing to serve people experiencing homelessness or who are also at risk of becoming homeless.

The City is issuing this Request for Proposals (RFP) to solicit applications for projects eligible for State Homekey funding and will evaluate proposals for a possible joint application to the State for Homekey 3 funds. Until the State releases further guidance on Homekey 3, the City will assess eligibility based on Homekey 2 guidelines.

Applications must be emailed by 4:00 pm, January 17, 2023 (extended from January 3, 2023), to Jenny Wyant at JWyant@CityofBerkeley.info.  Please email any questions by December 13, 2022.

City of Berkeley Homekey 3 RFP Application Materials

  • Request for Proposals (RFP) and Application Instructions
  • Self-Scoring Worksheet
  • RFP Questions and Answers – Updated December 1, 2022

Funding awarded

The affordable housing projects listed below have received funding from the City of Berkeley’s Housing Trust Fund.

New Construction Projects with Development Funding Reservations

Project Sponsor Units* Total City Funds Reserved Projected Sources of Funds Status
BFHP Hope Center (2012 Berkeley Way) Berkeley Food & Housing Project (BFHP)/BRIDGE 44 $16,964,507 HTF, General Funds (U1), Measure O (1st) Under Construction
BFHP Hope Center PSH (2012 Berkeley Way) BFHP/ BRIDGE 53 $7,727,630 Measure O (1st), HTF Under Construction
BRIDGE Berkeley Way (2012 Berkeley Way) BRIDGE 89 $2,774,925 Measure O (1st), HTF Under Construction
Jordan Court (1601 Oxford) SAHA 35 $6,026,927 HTF (mitigation fees and HOME), Measure O (1st) Under Construction
Maudelle Miller Shirek Community (2001 Ashby) Resources for Community Development 87 $17,000,000 Measure O (2nd issuance), U1, LHTF Acquisition / Predevelopment
2527 San Pablo Avenue Satellite Affordable Housing Associates (SAHA) 63 $12,000,000 U1, Measure O (1st), LHTF Acquisition / Predevelopment
1740 San Pablo Avenue BRIDGE Housing 54 $7,500,000 Measure O (1st issuance) Acquisition / Predevelopment
BUSD-Sponsored Educator Housing Berkeley Unified School District/SAHA/Abode 110 $24,500,000 Measure O (2nd) Acquisition / Predevelopment
Supportive Housing at People's Park* Resources for Community Development 119 $14,359,593 TBD Acquisition / Predevelopment
           

*The City intends to include in this reservation $3,300,000 in funding from the State of California's Local Housing Trust Fund program, provided the City receives this funding award. 

Renovation Projects with Development Funding Reservations

Project Sponsor Units* Total City Funds Reserved Projected Sources of Funds Status
1638 Stuart Street (Small Sites Program) Bay Area Community Land Trust 8 $2,053,663 General Fund (U1) Under Construction
2321-2323 10th Street Northern California Land Trust 8 $1,620,640 General Funds (U1) Acquisition / Predevelopment
Lorin Station South Berkeley Neighborhood Development Corporation (SBNDC) 14 $730,742 CDBG Contract Pending
Rosewood Manor South Berkeley Neighborhood Development Corporation (SBNDC) 35 $1,792,491 CDBG and HTF Contract Pending
MLK House Resources for Community Development 12 $1,178,974 PLHA Contract Pending
Ashby Lofts SAHA 54 $850,000 PLHA Contract Pending

Related Documents

Document
  • Housing Trust Fund Loan Terms (164.54 KB)
Document
  • Housing Trust Fund Guidelines (108.51 KB)
In this section
Affordable Housing in Berkeley
  • Below Market-Rate Home Ownership Information for Owners and Buyers
  • Affordable Housing Resources
  • Below Market Rate Rental Information for Owners and Property Managers
  • Housing Trust Fund
  • Housing Retention Program

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