For more than 30 years, Beverly Fretz-Brown was a devoted and tireless advocate for affordable housing and social justice, first at the Housing Assistance Council in Washington, D.C., later working for decent housing for farm workers at the Rural California Housing Corporation, and later still, as Director of Policy and Housing Development for the Sacramento Housing and Redevelopment Agency (SHRA). At SHRA, she was instrumental in formulating Sacramento’s inclusionary housing ordinances for both City and County and the adoption of the City’s Single Room Occupancy Ordinance that provided protections for tenants and requirements for replacing lost units. Her life and work serves as a shining example of how one person can make a difference in the lives of many.
Carl Guardino, one of Silicon Valley’s most distinguished business and community leaders, is the President and CEO of the Silicon Valley Leadership Group, a public policy trade association that represents more than 300 of Silicon Valley’s most respected companies. As a housing advocate, he co-created the Housing Trust of Santa Clara County, which has helped 7,300 families afford homes in high-cost Silicon Valley by raising more than $38 million in voluntary contributions. He also co-managed Prop. 46, the statewide Housing Bond, in 2002 and co-chaired Prop. 1-C, the November 2006 statewide Housing Bond.
Jamboree Housing Corporation
Founded in 1990, Jamboree has experienced steady growth and geographic expansion. Today its portfolio includes development and/or ownership interest of nearly 6,000 affordable homes in 55 California communities – topping a market value of $2 billion. In ten short years, President Laura Archuleta has guided Jamboree from a small, Irvine-based local housing developer into a statewide provider of affordable housing. Laura believes its more than housing that improves the lives of workforce residents of affordable housing communities. Jamboree was one of the first nonprofit housing providers to recognize the important link between housing and onsite resident services. Under Laura’s leadership, an in-house resident services division was established and in 2004, Housing with HEART became its own 501(c)(3) organization as an affiliate of Jamboree.
Community Development Lending/Philanthropic Sector
Sobrato Family Foundation
In 2001, the Sobrato family, well-known as one of Silicon Valley’s largest family real estate businesses, made the largest private gift to Affordable Housing in the Valley by establishing a $10 million housing loan program through the Sobrato Family Foundation. The Sobrato Affordable Housing Fund has become a premiere provider of predevelopment and gap financing having approved and committed over $17 million in interest-free loans to help finance 48 projects creating 3,612 units of affordable housing for low-income families thereby helping them to become economically self-sufficient in one of the most expensive housing markets in the country. An additional $8.6 million in support has been leveraged through other private and public sources magnifying the Fund’s community impact.
Lynn was appointed by Governor Arnold Schwarzenegger to serve as the Director of the California Department of Housing and Community Development (HCD) in April 2006. Lynn’s position includes oversight for administering the state’s housing finance, rehabilitation, and community development programs as well as oversight of the state’s housing policy, planning and code-setting processes. As Director, she leads the administration of $2.1 billion in Proposition 46 and $2.85 billion in Proposition 1C bond funds for affordable housing. Before accepting the Governor’s appointment, Lynn was the founder and President of Ventura Affordable Homes, which develops single-family homes for first-time homebuyers under various affordable housing programs. Additionally, Lynn’s tenacious leadership has brought a permanent source of funding for affordable housing closer to reality.
Bill has served as the Executive Director to the California Tax Credit Allocation Committee (TCAC) since August 2005. Prior to joining TCAC, Bill served as a Deputy Director in the State Department of Housing and Community Development. During his tenure at TCAC, Bill has initiated numerous changes including broadening the emphasis on green building and energy efficiency as well as establishing rational eligible basis limits and more realistic operating expense minimums. Under State Treasurer Bill Lockyer, Bill also helped enact legislation streamlining the use of State low income housing tax credits for farmworker families, and permitting limited partners to receive State credits apart from those partners receiving federal credits. In 2008 and 2009, Bill incorporated federal changes into California’s allocation system, and has coordinated the administration of unprecedented federal funding resources to complement Low Income Housing Tax Credits.