About Us
The Marin Workforce Housing Trust is a unique public/private partnership that has been created to meet the challenges of creating more housing for our local workforce.
The Housing Trust provides low-interest rate loans to housing developers that are constructing homes affordable to lower and moderate income families. We fund housing projects that help to alleviate the severe shortage of rental multifamily units. The Housing Trust also encourages the development of affordable housing for special needs populations.
The MWHT targets its loans for critical gaps in existing affordable housing finance – as “first-in” money to purchase land, secure sites and fund predevelopment work, and as “last-in” money to close the funding gap for developments that otherwise would not be able to be built. Once construction is complete, MWHT loans are repaid and reinvested in other workforce housing developments. Thus, the Housing Trust provides a self-replenishing vehicle for affordable housing investment.
Every dollar that is contributed to the Housing Trust is matched by both the Marin Community Foundation and the County of Marin, thereby tripling the value of each donation.
For more information or to contact us directly, please call:
(415) 526-6402
Mailing Address:
Marin Workforce Housing Trust
630 Las Gallinas Avenue
San Rafael, CA 94903