Real Estate Development

Since our inception in 1968, Eden Housing has been dedicated to building affordable home-ownership and rental communities across California. To-date, we have developed or acquired more than 10,700 residential units in more than 160 fully affordable projects and have more than 500 units in our pipeline.

Today, Eden Housing stands out as one of the most productive and successful nonprofit affordable housing developers in California and for seven years in a row, was recognized by Affordable Housing Finance Magazine as one of the Top 50 Affordable Housing Developers/Owners in the country. 

Eden Housing stands out for both our depth of experience and our commitment to tailoring each development to the local community. From large-scale municipal planning processes to site-specific collaborations with smaller, local community development organizations, our developments are carefully designed to conform to the scale and character of their neighborhood contexts. In fact, Eden has won numerous awards for our work, including nominations for the Affordable Housing Finance Magazine National Readers' Choice Award and Merit Awards from the Pacific Coast Builders Gold Nugget Competition. 

The following sections highlight additional areas that make Eden's Development Department one of the strongest and most creative in the industry.

Experience with Specific Area Planning & Community Revitalization

Eden has a long history of working in partnership with local communities to implement their vision for affordable housing and community revitalization. In fact, a significant portion of our work involves the implementation of a community or specific planning vision created by our local partner. 

For example, Eden Housing collaborated with the City of Petaluma revitalization program for Central Petaluma Plan -- as a member of the initial advisory committee and through the development of Downtown River Apartments. This development was part of the first phase of implementation of this plan -- and the new residential and commercial uses, in addition to the first section of the new river walk, have helped revitalize the waterfront area in the Central Petaluma area. Eden is currently working with a for-profit partner to redevelop the area surrounding the South Hayward BART station with nearly 800 units of affordable and market-rate housing, a new grocery store and associated retail space, and a replacement parking structure for BART patron parking.

Experience with Sustainable Development

From day one, Eden has been committed to designing and constructing our developments to conserve natural resources, reduce material waste, and create a healthy living environment for our residents. Due to this underlying mission, Eden has been a long time leader and early adopter in a wide range of green technologies and practices. For example, Eden installed our first solar hot water system over twenty five years ago, completed one of the first GreenPoint Rated developments in Alameda County (Sara Conner Court), and is one of the first developers to install a PV system that will power both common areas and residential units.

Experience with Mixed Use Development

Eden has a strong track record in higher-density, infill development with a mixed use component. We have built or renovated over 73,069 square feet of commercial and retail space into our affordable housing communities. These commercial spaces often include neighborhood serving retail, such as restaurants and small bank branches, in addition to community-enhancing amenities such as child care centers and health clinics. Example mixed-use developments include: Downtown River Apartments, Petaluma; Hayward Senior Housing, Hayward; Ohlone Chynoweth Commons, San Jose.

Experience with Community Collaborations

After over forty years of work and activism in communities across Northern California, Eden has a strong network of partners and supporters that allow us to leverage existing relationships into exciting developments and collaborations. 

For example, at Josephine Lum Lodge, Eden partners with Spectrum Community Services, a social services agency that provides meal service to residents and to the community through Meals on Wheels, utilizing the commercial kitchen facility at the property. Eden and Spectrum are currently looking to expanding our successful relationship into a new development that will feature senior apartments and a new commercial kitchen facility for Spectrum's community meal service program.

Experience with Leveraging Public Financing

All of Eden's development projects utilize public and private financing. Eden has participated in federal programs administered by HUD such as the Section 202 Program for senior housing and Section 811 Program for housing serving persons with disabilities. Eden has also utilized State Housing and Community Development Department-administered funding programs such as Multifamily Housing Program (MHP), the State HOME Program, and the Infill and Transit-Oriented-Development Programs. 
 
At the local levels, Eden uses housing in-lieu funds, CDBG, and HOME funds. Eden works closely with Alameda County Housing & Community Development, and we have also formed an affiliated Community Housing Development Organization (CHDO), which has been certified in Alameda County, allowing us to leverage additional County HOME funds for the benefit of the project. We have obtained Alameda County HOME CHDO funds for three recent developments.
 
Finally, Eden's experience with private financing instruments includes tax-exempt bonds and low-income housing tax credits -- both the 4% and competitive 9% programs. Due to our long-standing relationships and large portfolio, we can secure the most competitive financing terms for a project and the highest available limited partner contributions. We were the first developer in the state of California to receive tax credits and have been continuously successful in acquiring tax credits for a multitude of projects and have partnerships with an array of lenders and investors.

eden housing does not discriminate based on race, color, religion, sex, disability, familial status, national origin, or any other arbitrary basis.