Happy Housers Event This September

Happy Housers, A Quarterly Happy Hour Event

TICKETS NOW 50% OFF! Join us at Dr. Funk in Downtown San Jose. 

Join us for a special Happy Housers Happy Hour, sponsored in partnership with our friends at Equity Forward Anchor Network (EFAN)!

You’re in for a good conversation over drinks with people who care about creating a more inclusive Silicon Valley. It’s a chance to swap ideas, make new connections, and talk about how local campuses, churches, and community institutions could help open doors for more housing.

Come curious, leave connected.

Whether you’re deep in the housing world or just curious about what’s possible, this is your space to meet new people, share ideas, and be inspired.

Drink ticket and light appetizers included with ticket purchase.

RSVP
September 24, 2025

Sticks & Bricks: Developer’s Corner September Edition

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This month’s Sticks & Bricks highlights a major win for the development community: AHSC has been reauthorized with $800 million in annual funding secured through 2045, giving developers the long-term stability needed to plan and deliver projects. We also spotlight new financing opportunities, practical resources, and upcoming events to help you navigate today’s challenges and keep affordable housing production moving forward.

AHSC Funding Secured—A Win for Housing and Climate

Last month we sounded the alarm about the future of the Affordable Housing and Sustainable Communities (AHSC) program as Cap-and-Trade negotiations heated up in Sacramento. Thanks to your advocacy, California lawmakers not only reauthorized the state’s climate program (now called Cap-and-Invest) but also secured a historic, long-term funding stream for AHSC. Beginning in 2026, the program will receive $800 million annually through 2045, providing stability for one of the state’s most important housing and climate programs.

This win was made possible by the countless efforts of developers, advocates, and partners across the state who spoke up about AHSC’s impact. To date, the program has invested $4 billion in affordable housing and transit while creating vibrant, sustainable communities. 

SV@Home thanks all of you who took action—through calls, emails, and outreach—to make the case for AHSC. Your voices helped demonstrate the undeniable value of this program to legislators and the Governor, ensuring that affordable housing and climate goals will continue to advance hand-in-hand for the next two decades.

Funding Opportunities

Explore these new funding sources for affordable housing development:

  • NEW: Apple Affordable Housing Fund – 2025 RFI Now Open
    • Housing Trust Silicon Valley has opened the latest round of funding through the Apple Affordable Housing Fund, a $150 million initiative to accelerate affordable housing across the Bay Area. The 2025 Request for Information (RFI) invites proposals from qualified developers with projects that will be “shovel ready” by November 30, 2026.
  • San Jose NOFA– 2025 Update
    • The City of San José has launched a rolling RFP for its Gap Financing Program, accompanied by updated underwriting guidelines. Projects submitted will be publicly scored, with top proposals prioritized for funding and the remainder added to a new waitlist.
  • Homekey+ and Tribal Homekey+
    • The State of California has launched two parallel funding programs to expand Permanent Supportive Housing for individuals experiencing or at risk of homelessness with behavioral health challenges. The Homekey+ NOFA provides $2.145 billion for projects serving veterans and other individuals with behavioral health needs. In parallel, the Tribal Homekey+ NOFA allocates $121 million specifically for Tribes and Tribal Entities to create culturally appropriate housing solutions for households facing similar challenges. 

News and Resources

Access important resources and guidance for affordable housing development:

  • ICE Response Resources
    • At SV@Home, we are committed to providing developers with the resources necessary to effectively train staff on how to respond to potential ICE raids. Here we have compiled a list of available resources to help navigate these challenges, along with the link to our recent Policy in Action (PIA) event on this very subject 
  • NEW: Supporting the Implementation of CalAIM within PSH
    • The Terner Center’s new report explores how Medi-Cal’s CalAIM initiative can provide sustainable funding for supportive services in PSH. Drawing on case studies from developers like MidPen and Jamboree, the report highlights both opportunities and challenges in leveraging health care dollars to strengthen housing stability for residents.
  •  LISC Housing Development Training Institute (HDTI) – 2026 Cohort
    • Applications for LISC’s long-running Housing Development Training Institute (HDTI) opened on September 1st. This program has been a cornerstone of nonprofit development capacity-building in California, and the 2026 cohort will continue to strengthen the pipeline of affordable housing professionals statewide.

Upcoming Events

Mark your calendars for these key industry events:

  • NEW: Happy Housers: Campuses & Community Connect
    • Join SV@Home and the Equity Forward Anchor Network for our quarterly Happy Housers happy hour on Tuesday, September 30 from 6–8pm at Dr. Funk in San José. Connect with peers, swap ideas, and explore how local campuses and community institutions can help open doors for more housing, all over drinks and light bites!
  • NEW: Housing Trust Silicon Valley’s 25th Anniversary Investor Briefing
    • Celebrate 25 years of affordable housing leadership with Housing Trust Silicon Valley on Wednesday, October 15 from 4–7pm at the California Theatre in San José. This milestone gathering will feature networking, reflections on past impact, and forward-looking conversations with Secretary Tomiquia Moss, former HUD Secretary Julián Castro, and other housing leaders.
  • NEW: SPUR’s AI and Tech for Cities – Housing Permits & Planning
    • Join SPUR virtually on Tuesday, October 7 from 12:00–1:15pm for a Digital Discourse exploring how new AI tools are helping cities streamline housing permits and planning. Case studies from Emulate Cities and Infilla will highlight strategies to reduce delays, improve transparency, and support housing delivery.
  • NPH 46th Affordable Housing Conference
    • Join the Non-Profit Housing Association of Northern California (NPH) for its 46th Annual Conference on Friday, October 3rd from 9:00am–5:00pm at the San Francisco Marriott Marquis. This all-day convening will bring together over 1,000 affordable housing leaders for learning, networking, and strategy to advance housing opportunities across the region.