Google has announced its latest round Bay Area housing funding, aimed at pushing forward about 24,000 new homes over the next decade.

The down payment assistance program comprises a 30-year deferred loan for up to 17 percent of a property’s purchase price.

The loan initiative is being championed by Mayor Sam Liccardo and council members Magdalena Carrasco, Sylvia Arenas and Pam Foley.

The TECH Fund launched in March of 2017 to provide affordable housing developers the financing needed for potential sites.

Sam Liccardo wants to offer financial incentives for San Jose homeowners who build accessory dwelling units on their property.