A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?
- Posted on May 20, 2025
- By The Mercury News
- 1 Views

A Silicon Valley senator is proposing to insure multifamily development loans. Could it help spur more construction?

Sen. Dave Cortese has called on the state to use its credit to insure construction and permanent loans for multifamily developments, giving them access to more favorable interest terms