Google backs three Bay Area affordable housing projects

Pumping more money into affordable housing projects, Google and the nonprofit Housing Trust Silicon Valley on Thursday announced nearly $30 million in loans for three new, subsidized housing developments in the Bay Area.

The loans will back two South Bay developments, in Mountain View and Santa Clara, and part of a sprawling San Francisco redevelopment. The funds will go toward the construction of a 100-unit apartment complex in Mountain View, a 150-unit building in Santa Clara, and 880…


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