SUISUN CITY, CA, September 12, 2008--The City of Suisun City today will celebrate the grand opening of Cottonwood Creek Apartments, a development by BRIDGE Housing Corporation. The grand opening program and ribbon-cutting ceremony will begin at 11:30 a.m. at 202 Railroad Avenue, Suisun City.

Cottonwood Creek offers 94 apartment homes for working families earning between $15,497 and $37,700 for a family of four (30 to 50 percent of Area Median Income). The property consists of garden-style walk-up apartment buildings with a Craftsman design, plus a community building and two large open spaces: one featuring a pool, pool building and lawn area, the other with a tot lot, play area, playing field and picnic area.

Rents for the one-, two- and three-bedroom apartments range from $393 to $890 per month, depending on apartment and household size and income.

Cottonwood Creek is the first affordable development by BRIDGE Housing in the City of Suisun City and the fourth in Solano County.

"We are very excited to help make such high-quality housing available for everyone from young, hard-working families just starting out to seniors looking to downsize their lifestyle while remaining a key part of the Suisun City community," said Suisun City Mayor Pete Sanchez. "Working with BRIDGE Housing has enabled us to make sure Cottonwood Creek has all the features and amenities needed for this brand new neighborhood to stand the test of time. The terrific results speak for themselves."

Cottonwood Creek was designed with many environmentally-friendly features. It is the first affordable development in the county to have solar panels that supply all the electricity for the common areas. The property also has landscaping that minimizes the buildings’ solar gain in the summer, energy- and water-efficient fixtures and appliances throughout, and sustainable building materials.  Combined with other green measures, the property exceeds California’s energy code requirements by 15 percent.

“Our experience shows that sustainability measures provide tangible benefits for residents, the community and the environment: these are investments worth making,” said Carol Galante, President of BRIDGE Housing.

Financing for the $27.5-million property was provided by the City of Suisun City Redevelopment Agency, State of California Department of Housing and Community Development, Silicon Valley Bank, and Union Bank of California. The architect was KTGY Group, Inc., and Segue Construction was the general contractor.

Grand opening speakers confirmed to date include Suisun City Mayor Pete Sanchez, Director Lynn Jacobs of the California Department of Housing and Community Development, Christine Carr of Silicon Valley Bank, and BRIDGE Housing President Carol Galante.

For more information about Cottonwood Creek and BRIDGE Housing, visit www.bridgehousing.com.

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NOTE TO EDITORS: Photographs of Cottonwood Creek are available; please contact Lyn Hikida at 415-321-3552 or lhikida@bridgehousing.com to request.