While the end of the year is always busy for everyone – personally and professionally – it is also a time for reflection. It is an opportunity to look back so that we can look forward with even greater clarity and purpose. I’m proud of the work our Northern California team advanced in 2022 in strong partnership with our community of housing organizations, public agencies, and elected officials. We're pleased to share a round-up of these endeavors.
- Racial and Social Equity: Recognizing how important it would be for our staff to do our own work around diversity, equity and inclusion, we have been working with The Justice Collective to evaluate and plan for how to better center social and racial equity in our work.
- State Policy: We successfully advocated for significant new resources for affordable housing production and preservation in the state’s 2022-2023 fiscal year budget. We also supported the successful passage of new legislation to make it easier to produce new affordable homes.
- Regional Policy: At the regional level, we co-led a multi-sector coalition to pass a next-generation regional transit-oriented communities policy, and we celebrated new milestones for the Bay Area Housing Finance Authority (BAHFA), including the hiring of new Director Kate Hartley and a celebration of the State of California’s $20 million investment in BAHFA.
- AHSC Technical Assistance: For California's Strategic Growth Council’s Affordable Housing and Sustainable Communities (AHSC) program, our AHSC team provided critical support to applicants in the sixth round of AHSC, which awarded $808 million to integrated housing and transportation projects across the state; 80% of our clients again received awards.
- Homekey Technical Assistance: We grew our Homekey practice in 2022, serving affordable housing developers, tribal nations and local governments to apply for funding and to plan for the long-term success of this housing, which serves residents who have experienced or are at risk of experiencing homelessness.
- Preservation: Our preservation practice has grown considerably over this past year, including launching the California Preservation Academy and working with Coro to serve the Partnership for the Bay Fellows working in select cities throughout the region on equity-focused affordable housing production and preservation.
- Central Valley: In the San Joaquin Valley, we published a displacement-risk map for San Joaquin County in partnership with the University of California Davis Center for Regional Change. As a result, we are now partnering with the city of Stockton to conduct its own displacement study. We were also selected to administer the inaugural round of the Stockton Housing Innovation Fund housed at the Community Foundation of San Joaquin.
- Disaster Resilience: To help communities prepare for and respond to natural disasters, we launched our Community Powered Resilience website with resources and actions to take for equitable disaster planning and recovery.
- HOPE SF: Our staff assisted the San Francisco Foundation and resident leaders in making awards for the HOPE SF Small Grants Program. The awards of up to $10,000 support residents with projects to uplift and engage community members around health, education, mentorship, upward mobility. To reflect on our partnerships and approaches in this bold, comprehensive initiative we’ve had with the Mayor’s Office of Housing and Community Development and the SFF for the past 10 years, we conducted a series of interviews that will shape the work going forward.
- Section 4 Capacity Building Program: In 2022, we awarded $415,000 to housing groups to support preservation work, new construction for the formerly incarcerated, teacher housing, increasing digital and training access for residents. Sign up for notifications on our 2023 Section 4 grant cycle.
- Elevating Our Work: Many of our staff across our Northern and Southern California offices were able to share their work at the annual Non-Profit Housing Association of Northern California conference.
- Enterprise Community Loan Fund: During 2022, Enterprise Community Loan Fund (ECLF) provided over $18 million in loans to affordable housing developers across Northern California, including projects financed through the Bay Area Transit Oriented Affordable Housing Fund and the Bay Area Preservation Pilot. This financial support will lead to the development of hundreds of affordable homes in Oakland, San Jose and North Berkeley. And through Enterprise’s Equitable Path Forward program, ECLF provided a $500,000 line of credit to Richmond Neighborhood Housing Services to help low- and moderate-income BIPOC individuals and families grow their wealth through homeownership.
- Enterprise Community Investments: We invested over $230 million in nine Northern California developments in 2022, with seven investments in the Bay Area region and two investments in the Sacramento, the Central Valley and the Central Coast region. Through the Housing for Health Fund, Enterprise invested approximately $33 million of equity to preserve 378 affordable homes in Sonoma, Contra Costa and Sacramento counties. The Housing for Health Fund is nearly fully deployed, having invested $81.5 million of the original $85 million of capital committed by Kaiser Permanente and JPMorgan Chase, leading to the preservation of 1,121 affordable homes at risk in the Bay Area and Sacramento regions.
- Soiree by the Bay: This year we finally had the opportunity to return in-person to one of our favorite annual fundraising and community-building traditions – the Soiree by the Bay.
While we celebrate these milestones, we recognize how much work lies ahead. Across our communities and our state, Californians continue to face housing insecurity and homelessness. As we look ahead to 2023, we recommit to deepening our work correcting racial injustices and inequitable housing systems while working every day to ensure everyone has a secure place to call home and belong.
From all of us, thank you for your partnership over the past year. If you are continuing or beginning a new tradition of giving at the end of the year, I encourage you to consider making a contribution to support our team’s work. Please select Northern California from the drop-down menu under Apply My Donation To.
Wishing you and yours a peaceful holiday season with some restorative time to reflect. We look forward to seeing you on the other side of the New Year!