September 30, 2026

Sticks & Bricks News for Developers: Apple Fund RFI

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This month’s Sticks & Bricks brings together new funding opportunities, resources, and events for affordable housing developers across the Bay Area. Explore the latest Apple Affordable Housing Fund RFI, new research on development impact fee reforms, and resources from SV@Home’s recent conversation on California’s new Housing Development and Finance Committee. Plus, mark your calendars for upcoming opportunities to connect and learn, including SV@Home’s Common Ground Housing Summit, Policy & Pastries, and events from SPUR and the Terner Center.

Land and Funding Opportunities 

Explore these new funding sources for affordable housing development:

  • 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, and the Tribal Homekey+ NOFA allocates $121 million specifically for Tribes and Tribal Entities.
  • Prop 1: $11.25 Billion Veterans & Affordable Housing Bond
    • This November, California voters will consider Proposition 1, an $11.25 billion housing bond that would provide $10 billion for affordable housing construction, acquisition, rehabilitation, and preservation, including new investments in programs like the Multifamily Housing Program. With the potential to provide a major new source of funding for California’s affordable housing pipeline, developers are encouraged to learn more about the measure and stay engaged as November approaches.
  • NEW: Housing Trust Silicon Valley’s RFI For Apple Affordable Housing Fund
    • Housing Trust Silicon Valley is accepting responses to the 2026 Apple Affordable Housing Fund RFI, which will provide loans to qualified developers to help move forward affordable housing projects in the greater Bay Area. The Fund is seeking projects that will be shovel ready on or before December 31, 2027. Developers interested in being considered should review the RFI’s threshold and selection criteria and submit responses by Thursday, October 1 at 5:00 PM.

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.
  • NEW: Impact Fee Reforms in California: Recent Trends and Promising Strategies
    • The Terner Center released new research examining development impact fee policies and reforms across California and their implications for housing development. The report highlights promising approaches that can help reduce costs and give developers greater predictability when evaluating project feasibility.
  • NEW: HDFC Presentation and Resources
    • On September 21, SV@Home hosted Jonathan Klein, Executive Director of California’s new Housing Development and Finance Committee (HDFC), for a conversation on the state’s changing affordable housing finance system. For developers who couldn’t join us, presentation slides are now available, covering HDFC’s consolidated funding process, 2027 application pathways, and upcoming opportunities to provide feedback on the regulations shaping the new system.

Upcoming Events

Mark your calendars for these key industry events:

  • NEW: SV@Home’s Common Ground Housing Summit
    • Join SV@Home on Friday, October 16, from 10:00 AM–3:00 PM in Santa Clara for our first-ever Common Ground Housing Summit, bringing together developers, advocates, community leaders, and other partners to help shape the next decade of housing work in Santa Clara County. Developers can join sessions focused on securing resources for affordable housing, while connecting with partners across the housing community. If you’re an individual or organizational SV@Home member and would like to attend, please check your email or SV@Home’s Member Portal for the registration link. 
  • NEW: SV@Home’s Policy & Pastries: Building Toward Common Ground
    • Join SV@Home on Friday, October 2, from 9:30–11:00 AM in San José for our next Policy & Pastries. This month, we’ll preview the upcoming Common Ground Housing Summit, share what developers and other housing partners can expect from the day, and answer questions ahead of the event. Come by for coffee, pastries, and a chance to connect with SV@Home staff and the broader housing community.
  • NEW: SPUR’s Ballots & Brews: San Jose
    • Join SPUR on Tuesday, October 13, from 6:00–7:30 PM for a hybrid discussion of the state measures on California’s November ballot. SPUR policy staff will break down what the measures would do and provide context on the issues at stake, offering affordable housing developers an opportunity to better understand the policy landscape heading into the election. The event is free and available in person in San José or online.
  • NEW: Terner Labs: Growth, Opportunity, and the Future of California
    • Join Terner Labs and the Terner Center on Thursday, November 12, from 5:00–7:30 PM in San Francisco for their annual fall colloquium. The event will bring together leaders in housing policy, community development, and civic leadership to discuss how California can support growth that expands opportunity, strengthens communities, and builds sustained public support. The event is free and open to the public.