Direct Investments
Pacific Gas & Electric Housing Fund
PG&E Corporation formed the Pacific Gas & Electric Housing Fund in 1997 to make direct investments in affordable housing developments throughout the utility’s service area. In 1999, PG&E Corporation provided more than $34 million for six developments that will create 593 units of affordable housing. The entire Pacific Gas and Electric Housing Fund portfolio is listed below:
- Plaza-Ramona, San Francisco
- Madison Place, Bakersfield
- Marina Vista I and Marina Heights, Vallejo
- Papago Court, Santa Rosa
- Paulin Creek, Santa Rosa
- West Capitol Courtyard II, West Sacramento
- Greenridge, South San Francisco
- Light Tree, East Palo Alto
- Adelilne Lofts, Oakland
- Rich Sorro Commons, San Francisco
Other Direct Investments
Investor: Silicon Valley Bank