North Valley Housing Trust is now accepting loan inquiries for affordable housing projects in need of financing.

North Valley Housing Trust (NVHT), a nonprofit regional loan fund, will now be accepting inquiries for affordable housing projects in need of financing. Projects should serve households with incomes between 0-60% of area median income (AMI). Possible projects can include shelters, transitional housing and permanent supportive housing. NVHT’s current priorities are shorter-term loans (1-5 years) for the acquisition, predevelopment, and construction of projects. 

NVHT provides below-market interest rate loans with flexible terms to fill in the gaps left by traditional government and private funding sources.  Interested developers are encouraged to fill out our online inquiry form available on our North Valley Housing Trust website, NVHT.org.

Housing Developments

Valley View Apartments

The Valley View Apartments are affordable permanent supportive housing for low income Mental Health Services Act eligible adults. Funded in 2014 this project serves and houses individuals living with mental illness who are homeless or at risk of homelessness. These 14 units located in central Chico, CA are a vibrant community with gardens, community services and more.

Additional information: 

https://www.palmcommunities.com/affordable-housing-communities-california/valley-view-apartments-chico-ca/

Cape Cod

Estimated to finish construction in 2026, Cap Cod is predevelopment project with the goal of housing over 48 low to moderate income. Being erected over a mobile home park lost to the 2018 Camp Fire this project expands on housing in the ever growing Town of Paradise. 1-3 bedroom units units(620-1,100 sq/ft) will have access to a community building, tenant BBQ and picnic areas. With solar and fire mitigation system planned, this community will be a gem to the ridge community for years to come.