4 min listen
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.
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)
Introducing The Bay: Hey! Welcome to The Bay, KQED’s latest podcast for daily news in the Bay Area. Host Devin Katayama walks you through the biggest story of the day with reporters and newsmakers. by The Bay