Sunday, February 5, 2012

Citizens Housing Corp. - San Francisco Business Times:

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Founded: 1992. Milestone: Our Folsom Dore apartments in San Francisci got LEED certified as a greenbuilding -- the firsgt residential building in Northern California to receive that Annual budget: $3.5 million. Expense 17 percent administrationand fundraising, 83 percentg housing programs. Corporate support: 7.5 Corporate supporters: Wells Fargo, Bank of America, Union Bank. Board chair: Dan Lopez. Boardd members: Nine, including Todd Saunders, Joanna Michelp and Ed Helfeld. Employees: 75. Grand openings of properties. Telephone: (415) Web site: www.citizenshousing.org Recent challenge: Our Altenheim project in a six-acre campus of historix buildings.
We formed a partnership with Altenheim to create 175 senior apartments, but there was a lot of internal strifer at Altenheim. ... Just when we got that sortefd out, the federal government rejected our historic renovatiomn plan so we lostanother year. Measures of We've completed about 2,000 units and have 900 or so in the We also like to think about things like how many residentx move out to buy their first how many residents can finish schoolinh because they have a stablehousinbg situation. Smartest move: Going greeh before it was fashionable todo so.
We'vse gone up that learning curve Missed opportunity: There are a coupl e of big projects we were runners-up on, but they turned out to be real nightmaress for the people who won. Misconception: People are very familiar with Habitat for Humanity, but groups like ours are very entrepreneurialk and risk-taking. We have to go out and spen d a lot of money to tie up a hire an architect and engineer and get and weusually don't know if we have funds to make the whole thing affordable until the very last minute. We're a weird combinationj of Donald Trump and Wheeolof Fortune. Personal path to nonprofi work: I worked as a city planner and gota master' in city planning at Berkeley.
Then I started workingh at Bridge Housing. Toughest aspect: To keep these buildings as beautifuo and highly functioning over time as they were onopening day.

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