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Silicon Valley Leadership Group Statement on Homelessness

San Jose – The Silicon Valley Leadership Group has a long-history of proactively leading and supporting statewide housing efforts like Proposition 1C (2006) and 46 (2002), which generated a combined $4.95 billion for affordable homes and homeless housing. In addition, in 2000, the Leadership Group was the driving force in establishing the Housing Trust Silicon Valley, which has raised $90 million in voluntary contributions, leveraging $1.7 billion in private development, assisting 23,000 people to live in this high-cost Valley.

By working collaboratively with government officials, businesses and non-profits, the Leadership Group is committed to finding creative workable solutions to a housing crisis that affects everyone’s quality of life in Silicon Valley. As an organization that endorses Santa Clara County’s Community Plan to End Homelessness, advocates for Housing First policies and encourages investment in building more affordable housing in our communities, the Leadership Group applauds the initiative by media organizations to bring awareness to the causes and possible solutions to help homeless individuals in our communities.

“Besides chairing two statewide housing bonds, the Leadership Group has a long history of supporting the development of affordable housing and homeownership in our region. With the Board of Supervisors, we pressed to address our region’s full spectrum of need when establishing the Housing Trust Silicon Valley, 16 years ago, and it is still necessary to address those diverse needs today,” said Silicon Valley Leadership Group CEO Carl Guardino.

Each year the Leadership Group Foundation’s Silicon Valley Turkey Trot continues to donate funds for the Housing Trust’s Finally Home Grant program that goes toward getting security deposit assistance grants to families so that they can end or avoid homelessness. “We are committed to that fundraising and to ongoing advocacy for developing more affordable housing in our communities,” said Guardino.

There is no magic bullet to the housing crisis. However, the Leadership Group remains committed to finding innovative solutions to maintain a strong economy while improving the quality of life for those who live and work in our region.

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