Newly Funded

Monterey Bay Housing Trust Loan Jump Starts Permanent Supportive Housing in Santa Cruz

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The Monterey Bay Housing Trust, a joint program of the Monterey Bay Economic Partnership and Housing Trust Silicon Valley, is providing a $200,000 loan to New Ways Homes for 180/2020 Permanent Supportive Housing to jump start the construction of new supportive housing for homeless individuals in Santa Cruz County.

The new development will create as many as 100 new studio apartments for extremely low income individuals, including veterans, who have been chronically homeless. On-site supportive services will help residents use stable, 24/7 housing as the first step to getting their life back on track. “This project will address some of the most challenging aspects of homelessness in Santa Cruz by co-locating supportive services on site,” said Sibley Simon, CEO of New Way Homes. “This is a type of housing we don’t currently have.” Read more about these much needed homes.