When BRIDGE acquired this 195-unit apartment community south of San Francisco, the development had no income restrictions. We decided to preserve at least half the units in perpetuity for residents earning up to 80% of the Area Median Income. This adds workforce housing in an extremely high-cost region for renters who earn too much to qualify for subsidized housing but cannot afford to live close to their jobs in the Bay Area. We are also investing about $23 million to upgrade the units and community facilities at the 11-building complex.
Gatewood Village
