Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

These Affordable Housing Projects Are Affected by Silicon Valley Bank’s Collapse

These Affordable Housing Projects Are Affected by Silicon Valley Bank’s Collapse

FromThe Bay


These Affordable Housing Projects Are Affected by Silicon Valley Bank’s Collapse

FromThe Bay

ratings:
Length:
18 minutes
Released:
Mar 22, 2023
Format:
Podcast episode

Description

Silicon Valley Bank is best known for its relationships with the tech industry. But the bank also had billions out in loans to developers working on affordable housing projects in the Bay Area.
Unlike larger banks, regional banks like SVB are more likely to fund local affordable housing projects.
But now that the bank has collapsed, the future of these projects is precarious, and calls into question how these much-needed affordable housing projects are funded in the first place.
Guest: Sydney Johnson, KQED reporter
Links:

MAP: Bay Area Affordable Housing Projects Impacted by Silicon Valley Bank's Collapse

The Bay Survey


This episode was produced by Alan Montecillo and Maria Esquinca. Jehlen Herdman is our intern. Ericka Cruz Guevarra is the host. 
Your support makes KQED podcasts possible. You can show your love by going to https://kqed.org/donate/podcasts.
Released:
Mar 22, 2023
Format:
Podcast episode

Titles in the series (100)

The Bay is a local news podcast about what’s really going on here. We’ll show you the messy and resilient culture of this place we call home, with help from Bay Area reporters, community leaders, and neighbors. The show is hosted by Ericka Cruz Guevarra, and new episodes drop every Monday, Wednesday and Friday morning.