942827909 · CA ↑ parent cluster ·
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BRIDGE HOUSING CORPORATION

CA · EIN 942827909 · $38.4M rev · operational · www.bridgehousing.com
profile

BRIDGE Housing Corporation is a nonprofit affordable housing developer that builds, acquires, and manages properties across the West Coast. The organization focuses on creating mixed-income communities and providing supportive programs for residents. BRIDGE Housing utilizes innovative financing strategies, including private-sector capital and bond issues, to scale its impact.

activities · 26

what they do

direct service · 20
  • Acquiring and Rehabilitating Existing Housing Acquisition and Rehabilitation of Affordable Housing
    Acquires and rehabilitates existing apartment properties to preserve affordable housing units, including the redevelopment of Acorn Apartments in Oakland and leading the redevelopment of Potrero public housing in San Francisco and Jordan Downs in Los Angeles.
  • Acquiring and Rehabilitating Existing Housing Acquisition and Rehabilitation of Affordable Housing
    Acquires and rehabilitates existing apartment properties to preserve and expand affordable housing units.
  • Acquiring and Rehabilitating Existing Housing Acquisition and Rehabilitation of Affordable Housing
    Acquires and rehabilitates existing apartment properties to preserve and expand the availability of affordable housing units.
  • Acquisition and preservation of affordable housing Acquisition and Rehabilitation of Affordable Housing
    Acquires and rehabilitates existing apartment properties to preserve affordable housing units, including distressed public housing, as part of long-term community revitalization efforts.
  • Developing and Constructing Affordable Housing Acquisition and Rehabilitation of Affordable Housing
    Develops and constructs award-winning housing projects, including affordable, workforce, transit-oriented, market-rate, and senior housing units, across California, Oregon, and Washington. This includes breaking ground on new developments like HollywoodHUB in Portland and completing projects such as Celadon at 9th and Broadway in San Diego, and Cypress View in Los Angeles.
  • Developing and Constructing Affordable Housing Acquisition and Rehabilitation of Affordable Housing
    Develops and constructs award-winning affordable, workforce, transit-oriented, market-rate, and senior housing projects, with over 10,000 units in the development pipeline. This includes specific projects like HollywoodHUB in Portland, Celadon at 9th and Broadway in San Diego, and communities in South Los Angeles, Watts, and as part of the Jordan Downs redevelopment.
  • Development and operation of affordable and workforce housing Senior-Focused Affordable Housing Development
    Develops, owns, and operates a portfolio of over 130 properties across California, Oregon, and Washington, providing affordable, workforce, senior, and transit-oriented housing units. The organization has developed award-winning projects and maintains an active pipeline of more than 10,000 units in development.
  • Develops and constructs affordable and mixed-income housing projects Acquisition and Rehabilitation of Affordable Housing
    Designs and builds award-winning affordable, workforce, transit-oriented, and mixed-income housing developments across California, Oregon, and Washington. The organization has developed properties such as HollywoodHUB in Portland (222 units), Celadon in San Diego, and multiple communities in Los Angeles, with more than 10,000 units in the development pipeline.
  • Manages housing applications and waitlists for new and existing properties Acquisition and Rehabilitation of Affordable Housing
    Operates application systems for newly constructed housing through leasing offices and maintains public waitlists for future vacancies, with online tools for residents to check waitlist status.
  • Managing Housing Applications and Waitlists Acquisition and Rehabilitation of Affordable Housing
    Accepts applications for newly built housing properties and maintains mailing lists for properties under construction. The organization also operates waitlists for future vacancies at most existing properties and provides online tools for checking waitlist status.
  • Owning and Operating Housing Properties Acquisition and Rehabilitation of Affordable Housing
    Owns and operates a portfolio of over 130 housing properties across California, Oregon, and Washington, providing over 14,000 affordable apartment units for more than 30,000 residents. This includes managing applications, waitlists, and future vacancies for these properties.
  • Owning and Operating Housing Properties
    Owns and operates a portfolio of over 130 properties, totaling more than 14,000 affordable apartment units, providing housing for over 30,000 residents across California, Oregon, and Washington. This includes managing applications, waitlists, and future vacancies for these properties.
  • Owning and Operating Housing Properties Acquisition and Rehabilitation of Affordable Housing
    Owns and operates a portfolio of over 130 housing properties, totaling more than 14,000 affordable apartment units across California, Oregon, and Washington, providing housing for over 30,000 residents.
  • Owns and operates a large portfolio of affordable housing properties
    Owns and manages over 130 properties with more than 14,000 affordable apartment units, providing housing for over 30,000 residents across California, Oregon, and Washington. Properties include senior housing, transit-oriented developments, and mixed-income communities.
  • Preserves affordable housing through acquisition and rehabilitation Acquisition and Rehabilitation of Affordable Housing
    Acquires and rehabilitates existing apartment properties to maintain long-term affordability and prevent displacement in changing neighborhoods.
  • Property application and waitlist management Acquisition and Rehabilitation of Affordable Housing
    Manages applications for newly constructed properties through direct contact or in-person leasing offices, and operates public waitlists for future vacancies with online status access.
  • Provides educational scholarships to residents Targeted Educational Scholarships
    Administers the Stein Educational Assistance Program, awarding over $3.9 million in scholarships to more than 460 residents for post-secondary education and skills training.
  • Providing Resident Scholarships Targeted Educational Scholarships
    Awards scholarships to residents for post-secondary education and skills training through the Stein Educational Assistance Program, having provided over $3.9 million to more than 460 residents.
  • Providing Resident Scholarships
    Awards scholarships to residents for post-secondary education and skills training through programs like the Stein Educational Assistance Program, having provided over $3.9 million to more than 460 residents.
  • Resident scholarship program for post-secondary education
    Administers the Stein Educational Assistance Program, which has awarded over $3.9 million in scholarships to more than 460 residents for post-secondary education and skills training.
capacity building · 6
  • Financing and capital mobilization for affordable housing Affordable Housing Capital Financing
    Secures and issues tax-exempt bonds, sustainability bonds, and private capital to fund affordable housing development and acquisition, including a $250 million revolving credit facility and a $92 million impact fund.
  • Funding Affordable Housing Development
    Secures funding for affordable housing development and acquisition through various financial instruments, including issuing Sustainability Bonds, raising tax-exempt bonds, securing revolving credit facilities, and launching private equity funds. This includes an impact fund with over $92 million in commitments and a $22 million loan from Amazon.
  • Funding Affordable Housing Development Affordable Housing Capital Financing
    Secures various forms of financing, including issuing Sustainability Bonds, raising tax-exempt bonds, and establishing revolving credit facilities, to fund the acquisition and development of affordable and workforce housing projects on the West Coast.
  • Launches and manages impact investment funds for housing Affordable Housing Capital Financing
    Establishes private funds to acquire and develop affordable and workforce housing, including a new impact fund that exceeded $92 million in commitments at first close and a private equity fund for West Coast housing development.
  • Secures financing for affordable housing development Affordable Housing Capital Financing
    Raises capital through bonds, loans, and equity to fund affordable housing projects, including $100 million in Sustainability Bonds (2020), $71.5 million in tax-exempt bonds (2024), a $250 million revolving credit facility (2022), and a $22 million loan from Amazon.
  • Securing Funding for Affordable Housing Development Affordable Housing Capital Financing
    Secures various forms of financing for affordable housing development and acquisition, including issuing Sustainability Bonds, raising tax-exempt bonds, establishing revolving credit facilities, and launching private equity funds. This includes an impact fund with over $92 million in commitments and a $22 million loan from Amazon.
strategies · 24

how they think

Theories of action extracted from this org's own source material. Click any to see the full field of orgs running the same approach.

named programs · 9

what they call their work

Acquisitions
Acquiring and improving existing properties to preserve affordable housing.
Celadon at 9th and Broadway
250-unit multigenerational affordable housing project in San Diego, CA; first in California to receive both 9% and 4% Low-Income Housing Tax Credits; includes units for youth aging out of foster care, adults with mental health needs, and seniors in PACE program
Development
Core activity of building new affordable multifamily housing communities.
HollywoodHUB
Transit-oriented affordable housing development in Portland, OR with 222 units; funded through Sustainability Bonds and tax-exempt construction bonds in partnership with Tri-County Metropolitan Transit District
Kent Colwell Scholarship
Offers educational support to residents in memory of longtime Board member Kent Colwell
Kripamayi Scholars Program
Provides scholarships to residents in honor of philanthropists Vimla and Sumer Aggarwal; launched in 2022
Property Management
Manages the majority of BRIDGE apartments, with resident managers and dedicated staff.
Rental Assistance Demonstration (RAD) Program
Preserves and improves public housing through conversion to long-term Section 8 contracts; BRIDGE acquired seven properties from San Francisco Housing Authority under this program
Stein Educational Assistance Program
Provides scholarships to BRIDGE residents pursuing higher education and skills training; endowed by Alan and Ruth Stein in 2001
relationships · 17

who they work with

  • Amazon Partner — Provided a $22 million loan for a housing project near the Spring District.
  • American Institute of Architects Network — Recognized by the American Institute of Architects with over 8 awards for design excellence.
  • Avanath Partner — Partnered with BRIDGE Housing to launch Brighthaven Communities.
  • BRIDGE Property Management Company Partner — Manages the majority of BRIDGE Housing Corporation's apartment buildings.
  • CalPERS Partner — Engaged in joint ventures with BRIDGE to support growth in affordable housing development.
  • Department of Housing and Urban Development Government — Provides area median income (AMI) data used to determine affordable housing eligibility.
  • HACLA Partner — Partnered with BRIDGE Housing to open Cypress View as part of the Jordan Downs redevelopment.
  • KeyBanc Capital Markets Partner — Underwrote BRIDGE’s $71.5 million tax-exempt bond issue for the HollywoodHUB project in Portland.
  • MacKenzie Scott Funder — Provided an $8 million grant to BRIDGE Housing in 2023.
  • Morgan Stanley Partner — Underwrote BRIDGE’s $100 million Sustainability Bond issue and co-provided a $250 million financing set-aside for affordable housing projects.
  • National Equity Fund Partner — Co-provided a $250 million financing commitment with Morgan Stanley to support BRIDGE’s affordable housing development and acquisitions.
  • National Equity Fund Partner — Collaborates with BRIDGE Housing to support affordable housing development.
  • S&P Global Ratings Government — First nonprofit developer to earn a credit rating from S&P Global Ratings.
  • The Michaels Organization Partner — Partnered with BRIDGE to redevelop Jordan Downs in Los Angeles.
  • Tri-County Metropolitan Transit District Partner — Partnered with BRIDGE on the HollywoodHUB affordable housing and transit-oriented development in Portland.
  • United Nations Network — Recognized by the United Nations for excellence in community development.
  • Urban Land Institute Network — Recognized by the Urban Land Institute with over 10 awards for excellence in development.