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AnnualReport2013EdenHousingsmissionistobuildandmaintainhigh-qualitywell-managedservice-enhancedafordablehousingcommunitiesthatmeettheneedsolowerincomeamiliesseniorsandpersonswithdisabilities. 2TOOURSUPPORTERSWEHADALOTTOCELEBRATEOVERTHEPASTYEARgrandopeningsgroundbreakingsandEdens45thAnniversary.Butwithmorethan17000householdsnowonourwaitinglistitsimperativethatwefndwaystodomorewithlessandtoinvestinnewconceptsthatwillhelpuscontinuetoimprovelivesbuildcommunitiesandpreserveaordablehomes.Ithasntbeeneasyinthepastewyears.Thelossoredevelopmentundsandshrinkingederalresourceshavebeengame-changingeventsorourwork.Sowehavebeenchangingitupalittle.WehaveembarkedonapartnershipwithSouthCountyHousing.WealsobecameaoundinginvestorintheHousingPartnershipEquityTrustanewnationalacquisitionsund.AdditionallyourteamhereatEdenengagedinanumberowellnesschallengesin013andwewereawardedoneotheHealthiestEmployersintheBayArea.Nomatterwhathappensaroundusweknowthatastabledecenthomemakesanenormousdierenceinthelivesoallothepeopleweserveandtothemanywhoneedhousing.Wewontstopworkingonfndingwaystocreatenewhomesorthethousandsthatneedthem.Wethankalloourpartnersortheirongoingsupportandwillingnesstoexplorenewpathstosuccess.JesusArmAsChairEdenHousingBoardofDirectorsLindAmAndoLiniPresidentEdenHousingToOurSupportersIn2013wecreatedandpreserved641homesformorethan1200low-incomeresidents.DevelopmentNameCityApartmentCommunityHomesServedCONSTRUCTIONSTARTEDOrindaSeniorOrinda46Seniors819N.RengstorMountainView51FamiliesFordRoadPlazaSanJose75FamiliesHaywardSeniorIIHaywardSeniors194CONSTRUCTIONCOMPLETED801AlmaPaloAlto50FamiliesBelleTerreLaayette45SeniorsMontereyVillaSanJose0Dev.Disabled115ACQUISITIONSPRESERVATIONCambrianApartmentsSanJose153SeniorsDisabledWoodsideCourtFairfeld19FamiliesMontgomeryPlazaHayward50Seniors332TOTALHOMES641homes EDENHOUSING2013ANNUALREPORT3BringingAfordableHousingtoSky-HighRentRegionsGREENTRANSIT-ORIENTEDHOMESINPALOALTOANDLAFAYETTE801AlmaPaloAltoSantaClaraCountypicturedoncover50HOMESFORWORKINGFAMILIES801AlmaPaloAltoDevelopedbyEdenHousingandtheCommunityWorkingGroupinpartnershipwiththecityofPaloAltoConvenientdowntownlocationclosetopublictransitbikerouteshoppingmedicalfacilitiesandmajoremployersEstimatedGreenPointratingof59BelleTerreLaayetteContraCostaCountyTheCityisproudtohavepartneredwithEdenHousingandCommunityWorkingGrouponthisinnovativedevelopmentsaidPaloAltoMayorNancyShepherd.ItisimportantthatweaddressthesupplyoafordablehousinginPaloAltoandthe801Almaapartmentsprovideahighqualityhomeoramiliesthatcontributetoourcommunity.HOMESFORSENIORSINCLUDING17FORRESIDENTSWITHPHYSICALDISABILITIES45On-sitesupportiveserviceshelpseniorsageinplaceandliveindependently.DowntownlocationclosetopublictransitshoppingandpavedpedestriantrailheadGreenPointratingof49Subsidizedresidentshuttle TheHousingPartnershipEquityTrustEdenHousingwasinstrumentalinthecreationothisnewnationalundingmechanismoracquisitionsa00millionequityinvestmentund.ThisgroundbreakinginvestmententitywasthefrstoitskindornonproftsintheU.S.andEdenputtogetheroneothefrstdeals.FundingforRenovationsfromU.S.Dept.ofHousingandUrbanDevelopmentHUDAtersuccessullyadvocatingorchangestoHUDregulationswestartedworkonsixagingHUDpropertiesinourportoliousingtheLowIncomeHousingTaxCredit.TheevidenceisclearthatifwewantourchildrentorealizetheAmericandreamtheyneedasafedecentplacetocallhome.WhatEdenisdoingisprovidingthefoundationforsuccess.-U.S.CONGRESSMANERICSWALWELLCALIFORNIAS15THCONGRESSIONALDISTRICT4NEWFUNDINGSOLUTIONSNewFundingSolutionsEDENATTHEFOREFRONTLettorightAndreaOsgoodEdenManuelAguilarSotoHUDandBillRoginaHUD. EDENHOUSING2013ANNUALREPORT5SustainableCommunitiesTodayandTomorrowCONSTRUCTIONANDPRESERVATIONOFENVIRONMENTALLYFRIENDLYHOMESMontereyVillaSanJoseSantaClaraCounty20MontereyVillaSanJoseDevelopedandmanagedbyEdenHousinginpartnershipwithHousingChoicesCoalitionConvenientlocationclosetopublictransitandamenitiesWillexceedGreenPointratingoCommunityroomcomputercenterplayareascourtyardsOnsitesupportiveservicessocialactivitiesaterschoolprogramscomputerandeducationclassesoramiliesandspecialneedsresidentsEdenHousingjoinedPresidentObamasBetterBuildingsChallengeinaneforttourtherexpandourworktogreenourportolio.AcquisitionsPreservationRehabilitation-504homesorseniorsandamiliesin2013EdenassuredlongtermaordabilityorhomesinSanJoseFairfeldHaywardandSantaRosaEdenHousingwasnamedAfordableBuilderotheYearbyBuilditGreeninrecognitionoourenergyandwaterconservationeforts.HOMESFORLOW-INCOMERESIDENTSWITHDEVELOPMENTALDISABILITIESClickorvideo 645THANNIVERSARYCELEBRATION45thAnniversaryCelebrationLAUNCHOFBILLVANDENBURGHFUNDFORRESIDENTSERVICESInour45yearswehaveprovidedafordablehousingandsupportiveservicesor000lowincomeseniorsamiliesandpeoplewithspecialneeds.BelleTerrewasagodsend.Itssohardtofndhousingoraseniorlivingondisability.Andthestaissowonderultome-SUSANEDENRESIDENTBillVandenburghaoundingboardmemberandstrongadvocateorresidentservicesservedcontinuouslyrom198until2013. EDENHOUSING2013ANNUALREPORT7CreatingCommunityChangingLivesPROVIDINGTOOLSFORSUCCESSCommunitiesWiredInpartnershipwiththeCaliorniaEmergingTechnologyFundournewestportoliowideinitiativepromotesdigitalliteracyandinhomebroadbandadoptionacrossallEdencommunities.ConnectingtheYoungandtheYoung-at-HeartOurGenerationExchangeProgramengagesyouthleaderstoteachbasiccomputerandinternetskillstotheirseniorneighbors.OurDigitalConnectorsTechnologyandLeadershipProgramclosesthedigitaldivideandincreasesaccesstohighereducationandcareeropportunitiesoryouthaged48.CommunityEventsClassesandTrainingsbringresidentstogethertolearnromoneanothertobuildculturalunderstandingandtoshareexperiencesandtalents.TheDigitalConnectorsater-schoolprogramconfrmedmycommitmenttobeingaleaderandgivingbacktomycommunity.-JESUSM.CALIFORNIASTATEUNIVERSITYEASTBAYEdenprogramsincludetechnologyandfnancialliteracytrainingaterschoolacademicandenrichmentprogramsandsocialhealthandwellnessactivitiesorallages.Clickorvideo EdenHousingFinancialsThankYoutoOurSupporters22645GrandStreetHaywardCA94541510582-1460www.edenhousing.orgCONSOLIDATEDSTATEMENTSOFFINANCIALPOSITIONFOREDENHOUSINGINC.ANDSUBSIDIARIESASSETSCash26027870AfliateandOtherReceivables22857290NotesReceivable33254949Investments-PartnershipsAndLLCs447601DevelopmentinProgress7908028LandandFixedAssets25198738OtherAssets666465TotalAssets116360939LIABILITIESEQUITYAccountsPayableAccruedLiabilities1568518AfliatePayables2219215NotesandInterestPayables31436810OtherLiabilities218525TotalLiabilities35443068NetAssets80917871TotalEquityLiability116360939REVENUERentalRevenue1296735FinancialRevenue2002749FeeRevenue13160989ContributionsandGrants12787060OtherRevenue93637TotalRevenue29341170TotalExpenses13244333NetSurplusDefcit16096838COMMUNITYPARTNERSAccessWirelessArmasConsultingGroupArthurJ.GallagherCo.BankoAmericaBankoTheWestBBIConstructionInc.BellRealtyVenturesInc.BostonPrivateBankBowersNaraskyDaleyLLPBrownConstructionInc.CahillContractorsInc.CaliorniaCommunityReinvestmentCorporationCaliorniaEmergingTechnologyFundCaliorniaHousingPartnershipCorporationCitibankComericaBankCommunityEconomicsInc.CoxCastleNicholsonLLPDHConstructionDavidBakerArchitectsEcoplexusSolarSolutionsEnterpriseCommunityInvestmentCorporationFelsonCompaniesInc.ForensicAnalyticalLaboratoriesInc.GubbBarshayLLPHerringtonOrrickSutclieLLPJ.P.MorganChaseCompanyJamesE.Roberts-ObayashiCorporationJDHCorrosionConsultantsJohnandMarciaGoldmanFoundationLDConstructionCompanyInc.LindquistVonHusenJoyceLLPLukandAssociatesMarinCommunityFoundationMarinWorkorceHousingTrustMerrittCommunityCapitalCorporationMidstateConstructionCorporationMulinManagementResourcesInc.NBCUniversalFoundationOliverCompanyOrrickHerringtonSutclieLLPPartnershipForChildrenandYouthPGERabobankS.H.CowellFoundationSiliconValleyBankSpectrumCommunityServicesInc.TheHousingTrustoSiliconValleyTheIvyGroupTWMArchitectsPlannersUmpquaBankUnionBankUnitedStatesDepartmentoEducationUnitedStatesDepartmentoJusticeUSBankVanMeterWilliamsPollackWellsFargoBankWillisInsuranceServicesoCAInc.ZoglinFamilyFoundationINDIVIDUALDONORSOpheliaBasgalBarbaraBersteinSueChristopherCastellucciRebeccaClarkKristenClementsWilredCooperSrCharlesSkylierB.CrowderJoyceDattnerElyasDavidBrianKaraDouglasKevinJ.DowlingSheilaDuttonKyleFloryThuyFonteleraMichaelFrandyGeraldineFreemanJohnGaneyJoyceGlattIrvingGonzalesBarbaraHallidayWilliamKathleenHammStevenHondaMartyJonesSusanM.JonesJimKennedyAliceLam-JemMaryLavellePaulLettieriStevenLockhartZacharyLopezLindaMandoliniAlredMaryannMathewsLarryMayersLindaMcDaidChristiaMulveyHildeMyallCherylOConnorAndreaOsgoodNicholasTeresaRandallTimPamelaReillyEmilyRobertRichDavidRichmanJillMichaelRogersRobertSherrardMaureenShillingTimothySilvaCynthiaSimonsMatthewSlepinScottSmithDavidSoloMichaelSweeneyLarryVanSteenhuyseBillRitaVandenburghPaulineWeaverIleneWeinrebCalvinWhitakerConnieWhiteJulieWunderlichElizabethYostOur21stAnnualHowardT.CollinsMemorialScholarshipProgramawarded50878to32Edenresidents.Clickorvideo