A goal to catalyze 20,000 homes in the Bay Area

$1 billion to help make it happen

North Bayshore, Mountain View, California

North Bayshore, Mountain View, California

As we work to build a more helpful Google, we know our responsibility to help starts at home. For us, that means being a good neighbor in the place where it all began over 20 years ago: the San Francisco Bay Area.

In June 2019, we announced a $1 billion Bay Area housing commitment to help create at least 20,000 homes at a range of income levels throughout the region. Solving a big issue like the housing shortage will take collaboration across business, government and community organizations to make the Bay Area a place where everyone can thrive.

Approach

How we’re helping address one of the region’s most urgent and complex issues

Land

Investments

Grants

In the Bay Area, there is a severe housing shortage of nearly 500,000 affordable homes and the homelessness crisis affects around 35,000 people. There are many factors that contribute to the housing crisis, like rising construction costs, a lack of financing, limited land, and much more.

To help tackle this shortage, our approach focuses on land, investments, and grants—areas where Google has a unique opportunity to positively impact housing production and increase homelessness services across the Bay Area by 2030.

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Land

From a place for offices and cars to a place for homes and people

Downtown West, San José, California
Downtown West, San José, California

Downtown West, San José, California

On our land, we’re proposing mixed-use development projects to create more sustainable and inclusive communities where housing, small businesses, parks, and office space coexist.

In Mountain View, Sunnyvale, and San José, California we plan to repurpose at least $750 million of our land as a footprint for 15,000 new homes at a range of income levels. Our Downtown West plan was approved to build up to 4,000 homes in San José and we submitted mixed-use plans in the North Bayshore and Middlefield Park areas of Mountain View. We’re also exploring housing development on our land in the Moffett Park area of Sunnyvale. Rather than owning or managing the housing, we'll work with residential developers like Lendlease and others to build these housing units.

Downtown West, San José, California

15K

0

homes proposed on Google’s land as of May 2021

potential new homes on $750M of Google’s land

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4,000 units approved by San José City Council in June 2021

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Investments

Capital to accelerate affordable housing production

Orchard Gardens by First Community Housing, Sunnyvale, California (OJK Architecture)
Orchard Gardens by First Community Housing, Sunnyvale, California (OJK Architecture)

Orchard Gardens by First Community Housing, Sunnyvale, California (OJK Architecture)

We created our $250 million affordable housing investment fund to accelerate the creation and preservation of Bay Area affordable housing developments. Our goal is to provide early and reliable investment capital to catalyze projects that can deliver a large amount of housing quickly and sustainably.

One of our main partners is Housing Trust Silicon Valley, a nonprofit community loan fund. We’ve invested $50 million in their TECH Fund and $50M in our joint Launch Initiative. Together, we have over 2,700 homes expected from loans that are under contract. Additionally, we’ve invested in the modular housing company Factory_OS to double its production by building a second factory that’ll help create tens of thousands of homes over the next decade. Already, our investment helped Factory_OS deliver 1,500 modular homes.

Orchard Gardens by First Community Housing, Sunnyvale, California (OJK Architecture)

5K

0

homes expected from loans under contract as of June 2021

affordable homes from direct investment by 2030

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1,500 additional modular homes delivered from our Factory_OS investment thus far

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Grants

Funding creative solutions to end homelessness

Larkin Street Youth Services, San Francisco, California
Larkin Street Youth Services, San Francisco, California

Larkin Street Youth Services, San Francisco, California

In addition to our land and investment capital, we will give $50 million in grants through Google.org to nonprofits focused on homelessness. Since 2009, Google.org has supported nonprofits that provide services for the homeless. We've learned one of the best ways to help is with a “Housing First” approach where people are provided a stable place to live first—both short-term and long-term housing.

So far, Google.org’s grants to Bay Area nonprofits are projected to support more than 70,000 people with services like food distribution, case management, and housing for 10,000 individuals. These include over $12 million in grants to organizations like Abode Services, Hamilton Families, Larkin Street Youth Services, and Life Moves.

Larkin Street Youth Services, San Francisco, California

$50M

$0M

distributed to nonprofits in the Bay Area as of June 2021

in grants for local nonprofits focused on homelessness and displacement

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70K people experiencing homelessness to be served

Stories

Here are a few of the incredible people and projects we’re supporting

  • First Community Housing

    First Community Housing

    An affordable development with a deep commitment to sustainability

    First Community Housing

    quote iconThanks to Google, this will be our best example of high density, transit-oriented development yet, located right in the heart of Silicon Valley. Giving 365 households economic opportunity in a thriving, service enriched community.

    Geoffrey Morgan

    President and CEO of First Community Housing

    The McEvoy Apartments are an affordable housing development by First Community Housing, a recognized leader in creating green, affordable housing. The McEvoy will consist of 365 new apartments for households earning 30-80% of area median income. The development includes a mix, from studio to three bedrooms, and will comply with Santa Clara County Measure A program, which reserves units for households that previously experienced homelessness.

  • The Kelsey

    The Kelsey

    A new model for inclusive, disability-forward housing

    The Kelsey

    quote iconAt The Kelsey, we advance disability-forward housing solutions that open doors to more affordable homes and opportunities for everyone. Google’s investment in our San José community made moving to the next phase possible, including covering pre-development costs, like purchasing and entitling our land, and completing initial design work.

    Micaela Connery

    Founder and CEO, The Kelsey

    Less than 12% of adults with developmental disabilities own or rent their own home. The Kelsey Ayer Station will provide 115 homes to people of all abilities and incomes, with 25% reserved for people with disabilities. Developed in partnership with Sares Regis Group of Northern California and Devine and Gong, the building is designed to accommodate diverse access needs and includes amenities like a sensory garden, on-site programming for staff, gathering spaces, and a resident terrace.

  • BRIDGE Housing

    BRIDGE Housing

    Revitalizing one of San Francisco’s oldest public housing communities

    BRIDGE Housing

    quote iconThe flexible pre-development funding provided by the Google loan will help us accelerate the pace of delivery at Potrero. This means more than 800 affordable homes plus a range of housing, amenities and open space that will lift up the entire community.

    Jim Mather

    Executive Vice President and Chief Investment Officer, BRIDGE Housing

    BRIDGE Housing was selected to lead the redevelopment effort of Potrero Terrace and Annex public housing sites as part of the City of San Francisco’s HOPE SF Initiative. This revitalization effort will rebuild 619 units of distressed public housing and create another 1,000 new homes with a range of affordability, community facilities, retail, open space, and neighborhood programs and services.

  • Abode Services

    Abode Services

    Supporting a Housing First approach

    Abode Services

    quote iconIn order to move the needle on ending homelessness, we need everyone to support creating housing options for homeless people. This grant moves Abode closer to fulfilling its mission: providing a home to anyone who doesn’t have one and ensuring that those who’ve been re-housed after experiencing homelessness remain in stable, safe housing.

    CEO, Abode Services

    Louis Chicoine

    Abode Services has had particular success with a Housing First approach to addressing homelessness. In July of 2020, Google.org granted $2 million in funding to help Abode Services tackle the homelessness in Silicon Valley—including building permanent supportive housing, providing wraparound services in supportive housing communities, reshousing participants in long-term apartments, and managing their properties.

  • Hamilton Families

    Hamilton Families

    Helping homeless families find permanent housing

    Hamilton Families

    quote iconWherever we look to lift up our community, having a safe place to call home is a crucial part of the solution. Investing in diverse housing solutions helps us address issues like hunger, homelessness, and the pandemic response. This grant moves Hamilton Families closer to fulfilling its mission: providing a home to anyone who doesn’t have one and ensuring that those who’ve been re-housed after experiencing homelessness remain in stable, safe housing.

    Rachel Kenemore

    Chief Development Officer, Hamilton Families

    Hamilton Families is a nonprofit working to end family homelessness in the Bay Area. They operate an emergency shelter and help place families into permanent housing. When families leave the shelter, 87% of families are stabilized after one year of being placed in permanent housing.

    In November 2019, Google.org granted Hamilton Families $850,000 to support housing and wrap-around services for families experiencing homelessness. These funds are forecasted to help house 545 people and provide services to more than 1,300 people.

  • LifeMoves

    LifeMoves

    Building 100 units of supportive interim housing in six months

    LifeMoves

    quote iconTogether, we have demonstrated that where there is the will, there is a way to work together quickly to provide safe, clean interim housing for our friends, families and neighbors—the homeless of Silicon Valley. We intend to do more of these innovative projects and we hope that civic, corporate and philanthropic leaders join us in this effort.

    Aubrey Merriman

    LifeMoves CEO

    In May 2021, LifeMoves, Silicon Valley’s largest interim housing and supportive services for those experiencing homelessness, announced the opening of LifeMoves Mountain View. With a $1.5 million grant from Google.org, LifeMoves was able to realize this vision for an innovative, 100-unit modular housing facility that was built and brought into service in just six months, at a fraction of the cost of new housing units. The site also dedicates 30% of its square footage to supportive services offices and meeting rooms, allowing LifeMoves to help clients return to stable housing by providing them with case management, health care, counseling, life skills, employment assistance, and housing services. Serving approximately 124 people, this site will provide 10x the number of year-round beds for the Mountain View community.

    Back in November 2019, Google.org matched a Santa Clara Board of Supervisors grant to LifeMoves with a $1 million grant, for a total of nearly $2 million. The funds helped LifeMoves expand two shelter facilities in San Jose, California.

Updates

Learn more about our progress

Faq

Here are answers to some common questions

Why is Google making this investment in housing? Why the Bay Area?

As we continue to grow, we know our responsibility to help starts at home. For us, that means being a good neighbor in the place where it all began over 20 years ago: the San Francisco Bay Area. Today, we are one of the Bay Area’s largest employers, and across the region, one issue stands out as particularly urgent and complex: housing.

What does the $1 billion investment include?

It’s a mix of land and capital. First, we’ll repurpose $750 million of Google-owned land and dedicate it to mixed-use development, which will help create at least 15,000 new homes. Second, we created a $250 million affordable housing investment fund that provides money to developers to help build or preserve at least 5,000 affordable homes. On top of that, Google.org committed $50 million in grants to nonprofits focused on homelessness solutions.

Why is land a large focus of the commitment?

The limited availability of land in the Bay Area is a major barrier to housing development. In the Bay Area, we saw the opportunity to repurpose land we own for residential development, which makes this commitment unique. By adding housing in dense, transit-served, mixed-use developments along with new office space, we can help reduce traffic congestion at the same time.

Where will all the 15,000 new homes be built on Google's land?

For housing production on our land, we’re focused on our development proposals in Mountain View, California at North Bayshore and Middlefield Park, as well as our Downtown West plan in San José, California. We’re also exploring opportunities for housing development in Sunnyvale following the City’s update to the Moffett Park Specific Plan.

Will Google be developing this housing?

No, Google isn’t a housing developer. For the market-rate housing on Google’s land, we’ve partnered with Lendlease, among others. For those investments from our affordable housing fund, many different developers will execute their own vision.

How does a $250 million investment fund translate into 5,000 affordable units?

It's important to note that our goal is to recycle the $250 million of capital during the 10 year period of our commitment. In other words, as projects are completed and the capital is returned to the fund, we intend to loan it back out for new projects. We plan to operate this fund until at least 5,000 affordable housing units are created or preserved through direct investments.

How will the $50 million in grants be distributed?

$50 million will be granted through Google.org to nonprofits focused on addressing and solving homelessness. This builds on $18 million in grants Google.org distributed to help address homelessness between 2014 and 2019.

For questions

Affordable housing fund

Nonprofit and for-profit housing developers are eligible. For further questions, you can reach out to housing-investments@google.com.

Press inquiries

Are you a member of the media looking to report on Google’s housing efforts in the Bay Area? You can reach out to press@google.com.