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Strengthening Communities, Improving Lives Milestones

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Strengthening Communities, Improving Lives Milestones BUILDING SUSTAINING LEADING 2018/2019 Annual Report Strengthening Communities, Improving Lives Milestones Quality, Quantity, Affordability Improving People’s Lives BRIDGE completed construction or In our annual survey of residents, major rehabilitation of five developments, 80% say their overall quality of life— with 11 new construction and rehabs health, comfort, happiness—has under way, and 7,000 additional homes improved since moving into a in our pipeline. BRIDGE community. BRIDGE at 35 Charting a Course We celebrated our 35th anniversary with BRIDGE launched its 2019-2023 more than 600 friends and partners at Strategic Plan, a five-year road map our “Building Equitable Communities” for our continued growth as a leading gala, which generated $2 million to producer, operator and owner of support our residents’ education, affordable housing in the context of wellness and brighter futures. holistic communities. Highlights Building $3.8 Billion in Job Training and Equitable Construction and Placement Communities Approvals We achieved a 58% local hire rate for more than 100 BRIDGE’s holistic Our pipeline includes a new jobs created so far placemaking is an antidote diversity of development through the construction to systemic discrimination types, such as transit- of Jordan Downs in Los and inequalities, as oriented, mixed-use, mixed- Angeles. The majority of spotlighted during income and large-scale new workers—including our 35th anniversary community transformation. public housing and Watts gala conversation with residents—have jobs in investigative journalist concrete, general labor, Ronan Farrow and Richard plumbing and security, with Rothstein, author of The an average hourly pay of Color of Law. $29.23. Scholarships: Cracking Fueling $224,528 the Cost- Sustainability Awarded Containment Our new BRIDGE Aggregate Solar Company To help residents advance Code (BASC) aims to provide their educational goals, Our new paper, “Faster, solar-generated energy BRIDGE awarded Stein Better, More,” details at operating properties scholarships to 31 people— promising construction where funding for such including future nurses, approaches—such as systems is challenging. In computer programmers modules, panelized systems addition to benefiting the and teachers—and Colwell and hybrids—that could environment, this lowers scholarships to seven help communities and utility costs, which helps residents who are pursuing developers create housing keep rents affordable for business-related degrees. more quickly and efficiently. residents. President & CEO’s Message Building equitable communities, one home at a time. Dear Friends: For more than 35 years, we have been decent home paired with programs such as pursuing our mission with compassion scholarships, financial literacy, workforce and commitment. Our goal: to strengthen training, wellness and homework clubs. communities and improve people’s lives, beginning—but not ending—with affordable Julia, for example, is a college graduate housing. who had a longstanding career. “But then I became ill, and I lost my job and my BRIDGE began as a practical solution to housing.” All she could afford was a room the scarcity of quality affordable housing in a neighborhood riddled with drugs and in the San Francisco Bay Area. Since 1983, violence. Julia applied for a better place we have participated in the development to live, remaining hopeful even though she of more than 19,000 homes, nearly 12,000 was one of thousands. She couldn’t believe of which we currently own or manage, it when she received the news about 462 in a footprint that spans the entire West Duboce. “It’s so beautiful and quiet here. Coast. Our pipeline today consists of 7,000 I appreciate the social workers, the staff, homes representing $3.8 billion in total my neighbors,” she says. “I look forward development costs, and we expect to add to knowing that I can age in place.” For 2,000 more homes to the pipeline over the people like Julia, our work is fundamental next five years. to supporting communities where everyone can thrive. But, as our mission states, affordable housing is only the beginning. We believe Thank you, from all of us at BRIDGE, for in creating and expanding opportunities for your partnership. people and communities. We see residents whose lives are improved forever by a stable, Cynthia A. Parker President & CEO A stable, affordable home with resident services helps people like Julia “age in grace.” “Since moving here, we have fit right in. After all of our struggles... this is where we can hold on to each other.” Rosie and Lawrence, residents of The Coronet Building Community Johnnie loves San Francisco, where he grew up public housing, where they had a roof over in neighborhoods across the city. His childhood their heads. However, decades of underfunding was anything but idyllic, though, as he dealt and neglect meant that the buildings were with an extremely abusive father. And then severely distressed. Johnnie faced the loss of his brother, who was gunned down in a case of mistaken identity. “I Johnnie had heard about BRIDGE’s Potrero became very depressed,” says Johnnie. “I didn’t community development under the HOPE-SF trust nobody.” initiative. But he didn’t believe it until he started to see the new construction across the street. “ Being a single father, it was very challenging. Johnnie was proud to be the first person to And becoming homeless, even worse.” Johnnie move into a new apartment in BRIDGE’s and his daughter eventually moved into Potrero 1101 Connecticut. “I’m looking forward to building a future here and doing everything I can do to help grow our community.” Johnnie, 1101 Connecticut resident Our Donors BRIDGE is grateful for the partnership and support of donors who believe in our mission to strengthen communities through affordable homes and transformative programs and services. We extend our deepest thanks to our 2018-2019 donors! $100,000 AND ABOVE MARX OKUBO ASSOCIATES MICHAEL MCAFEE AND HEIDI HANSEN AND MEYER MEMORIAL TRUST KENNETH AND VERA MEISLIN MAJA KUNZI RICHARD WATKINS RON AND MARY NAHAS MITHUN ARCHITECTS MERCY HOUSING CARTER AND PAMELA HEMMING WELLS FARGO FOUNDATION BETH MULLEN MERRITT COMMUNITY CAPITAL HERITAGE BANK CORPORATION NIBBI BROTHERS GENERAL HMS ASSOCIATES-GOVERNMENTAL $50,000-$99,999 CONTRACTORS MILLER, STARR, REGALIA LAW RELATIONS BANK OF AMERICA KEN AND DEBORAH NOVACK BILL AND URSULA MOFFETT HEIDI HOLZHAUER BARBARA BAKAR DENNIS AND GLORIA O’BRIEN MORGAN STANLEY SERVICES CHRIS AND WENDY IGLESIAS CANNON CONSTRUCTORS, INC. GROUP PACIFIC UNION DEVELOPMENT CO. INTRAX MARCUS & MILLICHAP NATIONAL TENANT NETWORK- SUSAN JOHNSON CYNTHIA PARKER AND PETER SAN FRANCISCO BAY AREA OLESEN KLEIN HORNIG LLP $25,000-$49,999 OLD REPUBLIC TITLE SAARMAN CONSTRUCTION, LTD. MICHAEL LAZARUS AVALONBAY COMMUNITIES, INC. PACIFIC RETIREMENT SERVICES SARES REGIS GROUP OF NORTHERN LEARNIT! DELIA BRINTON PINNACLE LIVING CALIFORNIA RICK MARIANO WILLIAM AND GERALDINE BRINTON PRIMESTOR DEVELOPMENT PAUL AND ELLIE STEIN DEVEN MAYS CAHILL CONTRACTORS, INC. QUINT & THIMMIG STRADA INVESTMENT GROUP DOUGLAS MCDONALD GREGG AND KATHERINE CRAWFORD RELATED CALIFORNIA SUMMERHILL HOUSING GROUP TERRY MCKELLIPS ROBERT AND SHARON FREED ROCKRIDGE GEOTECHNICAL, INC. SVA ARCHITECTS, INC. ED MCNAMARA AND NANCY HEMMENWAY AND SYSTIMA CAPITAL MANAGEMENT NATHAN SASAKI ANDREA VARGO THOMAS J. WELSH TMG PARTNERS S.D. DEACON CORP OF CALIFORNIA SUNNE AND JOHN MCPEAK JOHN AND MICHELE MCNELLIS UMPQUA BANK SILICON VALLEY BANK THOMAS AND BARBARA METCALF CONNIE MOORE AND ROGER GREER VAN METER WILLIAMS POLLACK STRADA INVESTMENTS MICHAELS DEVELOPMENT NATIONAL EQUITY FUND WILLIAMS AND DAME SUFFOLK CONSTRUCTIONS MRI REAL ESTATE SOFTWARE O’BRIEN HOMES DEVELOPMENT BRIAN AND YAEL SHUMAN BERNARD AND GAIL NEBENZAHL PETER AND CHRISTY PALMISANO YARDI SYSTEMS TCA ARCHITECTS ERIN NIEMELA ROBERT WOOD JOHNSON USI INSURANCE SERVICES FOUNDATION $5,000-$9,999 NIXON PEABODY ALAN AND JENNIFER VARELA SWINERTON BUILDERS AVRP SKYPORT NOVOGRADAC & COMPANY WALSH CONSTRUCTION CO. THE JOHN STEWART COMPANY BARINGS LLC OVERLAND, PACIFIC & CUTLER WILLIAM WITTE U.S. BANK BOCARSLY EMDEN COWAN ESMAIL LARRY PACE UNION BANK & ARNDT LLP $1,000-$4,999 CHUCK PALLEY BRIGHT POWER INC. 2FIVE1 CONSULTING LLC PARTNER ENERGY $10,000-$24,999 RAY AND FRANKIE CARLISLE MICHAEL ADLER JASON ROBERTS A & B CONSTRUCTION CARLSON BECK EXECUTIVE BLAIR J. ALLISON PAUL SACK DOUGLAS AND NANCY ABBEY SEARCH FOR PHILANTHROPY & JENNIFER S. AND CHRISTOPHER SAN FRANCISCO HOUSING RICHARD AND CONNIE ADAMS NONPROFITS F. BOYD ACTION COALITION ANKROM MOISAN ARCHITECTS CHAMELEON DESIGN BRIAN BREWER SHEPPARD MULLIN RICHTER & ARTHUR J. GALLAGHER & CO. MICHAEL COVARRUBIAS AND HAMPTON CHRIS BROWN BANK OF THE WEST KATHLEEN MCINTOSH ROBERT SIMONS LOUIS BRYAN BAY AREA COUNCIL, INC. DCI ENGINEERS SITE DESIGN STUDIO PRESTON AND CAROLYN BUTCHER CAPITAL ONE HELEN DUNLAP JULIE STEIN PAT CAHILL CARL GELLERT AND CELIA BERTA EVERYDAY ENERGY RUTH STEIN CALIFORNIA HOUSING GELLERT FOUNDATION FARELLA BRAUN + MARTEL LLP PARTNERSHIP CORP. MICHAEL AND DONNA STIEGER STEPHEN AND SUSAN CHAMBERLIN FLOORMASTERS SALLY CARLSON WILLIAM AND MARCIA STIPEK CHARLES SCHWAB BANK FPI MANAGEMENT CURTIS CATON THOMAS SUMMERLIN CITIBANK FUSCOE ENGINEERING COMMUNITY ECONOMICS, INC. MARJORIE SZTO COHN REZNICK, LLP GIACALONE DESIGN SERVICES, INC. CYBER SPECIALIST ERIC TAO COLLIERS INTERNATIONAL GRIFFIN STRUCTURES, INC. JANA DARNEL-SABRA JOHN AND SHARON TASTOR PEGGY COLWELL GUBB & BARSHAY DAVIS WRIGHT TREMAINE LLP TENDERLOIN NEIGHBORHOOD COOLEY LLP
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