UPDATE
July 14, 2021
Taylor Mestres and her wife, Keteria Lara, are both the first in their families to own their own home. Mestres, a sixth-grade teacher in the Manteca Unified School District, said she and Lara, a mental health professional, “wanted to break that generational system of constantly renting, and to have something with our name on it that was ours.” Given housing prices, they knew “it would only be possible if we could find a down payment assistance program.” After learning CalHFA had a program, supported by Apple, targeted towards teachers, they immediately began the paperwork.
- A first-of-its-kind $1 billion affordable housing investment fund with the state of California.
- A $1 billion first-time homebuyer mortgage assistance fund, with increased funding opportunities for essential services personnel, school employees, and veterans.
- $300 million in Apple-owned land made available for affordable housing.
- A $150 million Bay Area housing fund, in public-private partnership with Housing Trust Silicon Valley.
- $50 million to support Destination: Home’s efforts to address homelessness in Silicon Valley.
Images of Apple Affordable Housing Support