A Housing Trust is a nonprofit entity that receives financing, typically from local businesses and local jurisdictions, which it then allocates for various affordable housing programs. The Housing Trust of Silicon Valley is one of the largest in the US. Most local jurisdictions have contributed funds, as has the Santa Clara Association of Realtors, many businesses, and many banks. This local Housing Trust focuses on three main programs: First-Time Homebuyer Loans, which are loans to new low and moderate-income homebuyers in the form of low-interest second mortgages and down payment assistance; Multi-Family loans, which are loans to nonprofits for new construction or rehabilitation of housing for lower-income households; and Home Grant Programs, which provide aid to those moving from homelessness or unsuitable housing into permanent housing in the form of security deposit assistance. The Housing Trust is recently trying to help with loans for ADUs which will have affordable rents.

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