SAN FRANCISCO (September 25, 2023) – BRIDGE is a leading nonprofit developer, owner, and manager of affordable housing in California, Oregon, and Washington.
“The AHSC Program fosters sustainable communities through affordable homes and transportation innovation,” said BRIDGE President & CEO Kenneth T. Lombard. “This funding will enable our team and our partners to deliver 376 affordable homes, supportive services people need to thrive, shade trees, bike lanes and transportation near high-quality education and employment opportunities.”
The awards will support affordable housing and sustainable transportation infrastructure and programs at the following BRIDGE sites:
Balboa A, San Francisco ($45.7M): A partnership between BRIDGE Housing Corporation and the Mayor’s Office of Housing & Community Development of the City and County of San Francisco transforming underutilized parking lots into 159 affordable homes, a childcare center, and local park including upgrades to neighborhood walkability.
“This state funding is critical to our efforts to expand housing across our entire City, as our partnerships with leading organizations like BRIDGE Housing, said San Francisco Mayor London Breed. “As we work to implement the bold goals in our Housing Element, we know this kind of support will help move us in the direction of addressing our affordable housing needs and creating homes for people of all income levels.”
440 Arden Way, Sacramento ($42.9M): 124 affordable homes, including on-site childcare, a resident services suite, a community room, playground access, and community gardens being developed on state excess land. Will beautify residential alleys by providing shade trees, public art, and bike boulevards in partnership with the Dixieanne Neighborhood Clean & Green Alleys project, provide accessible sidewalks surrounding Woodlake Park, and improve local light rail and bus routes along congested corridors in North Sacramento in collaboration with the Sacramento Regional Transit District. Will convert a SJRRC commuter rail locomotive to zero emissions.
“Nearly ten years ago, as a California State Senator, I had the privilege of authoring California’s Affordable Housing and Sustainable Communities act. At a time when there were few public funding sources for affordable housing, I never imagined a decade later celebrating a signature project in my own city. 440 Arden and all the other funded statewide projects represent the undeniable connection between affordable housing, accessible transit, and climate,” said Mayor Darrell Steinberg.
HHH New Hampshire, Los Angeles ($31M): A partnership between BRIDGE Housing Corporation and the City of Los Angeles, including 93 affordable homes for those who have previously experienced homelessness or who are at risk of homelessness, community room, services hub, and laundry room promoting more biking, walking and public transit use.
“Thank you to our state partners for awarding this critical funding to projects in Los Angeles including BRIDGE Housing’s HHH New Hampshire project. These awards will help our City continue to deliver affordable housing in communities across Los Angeles while making sure that our communities are safer for people to get where they need to go. We will continue to work urgently, across all levels of government and with our partners, to secure the resources to bring more Angelenos inside and deliver more affordable housing,” said Mayor Karen Bass.
“LAHD is pleased to receive this Affordable Housing and Sustainable Communities Award of $30.5M toward the HHH New Hampshire project, which will produce 93 affordable units as well as key infrastructure improvements that will contribute to a more sustainable and livable community,” said Eric Claros, Director of Housing, Los Angeles Housing Department.
AHSC is part of California Climate Investments, a statewide initiative that puts billions of cap-and-trade dollars to work reducing greenhouse gas emissions, strengthening the economy, and improving public health and the environment—particularly in disadvantaged communities. The California Department of Housing and Community Development administers the program.