BRIDGE Housing Company Research Report

Company Overview

• Name: BRIDGE Housing

• Mission: Creating safe, healthy, and affordable housing communities where residents are empowered to grow and thrive.

• Founded: 40 years ago by Don Terner and Alan Stein.

• Key People:

• President & CEO: Ken Lombard

• Headquarters: 350 California St., Suite 1600, San Francisco, CA 94104.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Being a leader in affordable housing on the West Coast and nationally, with a focus on innovative, sustainable design and quality construction in affordable multifamily housing communities.

Products

Main Offerings

1. Affordable Housing Development

• Description: Development of multifamily housing communities, including new constructions and acquisition of existing properties to preserve affordable units.

• Key Features:

• High standards and skillful execution

• Focus on creating vibrant, safe, and healthy living spaces.

2. Property Management

• Description: Operating and managing housing communities to ensure high quality and foster resident relations.

• Key Features:

• Resident-centered approach

• Tailored on-site programs and community networks.

3. Community Programs

• Description: Offers a full spectrum of free on-site programs, including education and wellness programs for improvement of residents' quality of life.

• Key Features:

• Delivered in partnership with over 28 nonprofit organizations.

• Includes assistance with basic needs, youth and adult education, economic opportunity enhancement, and wellness programs.

Recent Developments

• Recent Initiatives:

• Celebrated groundbreaking for one of Portland’s largest affordable housing communities.

• Celebrated opening of transit-oriented affordable housing in Boyle Heights.

• Secured a $250 million commitment from Morgan Stanley and National Equity Fund for project financing aimed at preserving affordable housing.

• New Products/Projects:

• hollywoodHUB in Portland, Oregon, part of the 2020 Sustainability Bonds initiative, set for completion in 2026.

• Celadon at 9th and Broadway in San Diego, California, a unique multi-generational development completed in 2015.

• Partnerships:

• Enhanced partnerships with entities including local government bodies, community-based organizations, and financial institutions such as Morgan Stanley and Wells Fargo.

• Awards and Recognition:

• Awarded $8 million grant from philanthropist MacKenzie Scott.

• Numerous awards including ULI, AIA, and Golden Nugget Awards.

Contact Information

• Headquarters:

• San Francisco: 350 California St., Suite 1600, San Francisco, CA 94104

• Regional Offices:

• San Diego: 4142 Adams Ave., Suite 103-627, San Diego, CA 92116

• Los Angeles: 15260 Ventura Blvd., Suite 800, Sherman Oaks, CA 91403

• Portland: 830 NE Holladay St., Portland, OR 97232

• Seattle: 701 Fifth Ave., Suite 4200, Seattle, WA 98104

This report encapsulates the significant operational and strategic facets of BRIDGE Housing, providing a concise yet comprehensive snapshot of its impact on affordable housing and its leadership in the field.