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Affordable Housing
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Silicon Valley Bank has a long tradition of community involvement and support. One way in which we support this tradition is through our Community Development Finance Practice. We provide for- and not-for-profit housing developers with financing for affordable housing projects, both multi-family and single family, in the Bay Area counties of Alameda, Napa, San Francisco, San Mateo, Santa Clara and Sonoma.
Our team has years of experience in affordable housing finance and has relationships with the key players in the housing community to make financing a smooth process for our clients. Silicon Valley Bank's small size and ability to make credit decisions locally enable us to provide our clients with a high level of responsiveness and flexibility.
We understand the complicated capital requirements associated with affordable housing developments and can work with you to develop the best financing for your project. Our services include:
- Conventional Construction Financing
- Permanent Financing
- Construction Phase Stand-By Letters of Credit
- Private Placement of Tax Exempt Mortgage Revenue Bonds
- Project Based Bridge Loans
- Federal Home Loan Bank of San Francisco Affordable Housing Program Grants
- Section 8 Increment Loans
From bond financing transactions to tax credits and construction lending, we're prepared to anticipate and work through all the complexities to ease your financing efforts.
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Overview
