Heritage Square South Breaks Ground in Pasadena – Los Angeles Sentinel | Los Angeles Sentinel

Heritage Square South includes case management services, security, laundry facilities and an outdoor courtyard. (Courtesy photo)

The development will provide 70 new permanent supportive housing apartments for formerly homeless low-income seniors

The City of Pasadena and BRIDGE Housing celebrated the groundbreaking of Heritage Square South on N. Fair Oaks Avenue near Orange Grove Boulevard on July 6. This property is the second in Pasadena developed by BRIDGE, a nationally recognized nonprofit developer, owner and manager of affordable housing.

Heritage Square South will provide 70 new permanent housing apartments for extremely low-income seniors who have experienced homelessness. Planned property amenities include a leasing office, on-site manager, 24-hour security, laundry facilities, outdoor courtyard and community room. Intensive case management services will be provided by Union Station Homeless Services. The property is expected to be completed in November 2023.

Heritage Square South is adjacent to Heritage Square, which offers 70 affordable apartments for low-income seniors. Completed in 2016, Heritage Square is a successful example of a partnership between the City of Pasadena and BRIDGE.

Formerly homeless seniors will have safe, secure and supportive housing in the new complex. (Courtesy photo)

“I want to thank BRIDGE Housing for being a great partner with the City of Pasadena,” said John J. Kennedy, Ward 3 Councilman.

“City Council has tremendous confidence that this project will be successful based on BRIDGE’s performance with Heritage Square Senior Apartments North. We are all looking forward to the opening of this project and its impact on the lives of 69 of our formerly homeless seniors.”

“We are proud to collaborate on projects like Heritage Square South that help people thrive and provide tangible solutions to the housing and homelessness crisis,” said Ken Lombard, President/CEO of BRIDGE Housing. “Additionally, we continue our commitment to the city’s robust plan for local benefits.”

For Heritage Square, BRIDGE hired 20% of the construction workforce from Pasadena, purchased 81% of the construction materials from companies located in Pasadena, and subcontracted 39% of the opportunities to local companies.

“Wells Fargo is proud to be the lead construction lender and LIHTC investor for this project, allowing us to expand our efforts to help increase access to affordable housing in our region,” said Greg Sherkin, senior vice president and Senior Social Impact Manager for Southern California.

“It is inspiring to see such an important project come to life and to know that when it is complete, around 70 senior citizens will have safe, secure and supportive housing, allowing them to take advantage of all that this wonderful community has to offer.”

Financing partners for Heritage Square South include the City of Pasadena, Wells Fargo Bank NA, JLL Real Estate Capital, LLC and the California Tax Credit Allocation Committee. The architect for Heritage Square South is KTGY Architects and the general contractor is RD Olson.

In addition to Kennedy, Lombard and Sherkin, speakers at the groundbreaking included Pasadena Mayor Victor Gordo, Assemblyman Chris Holden (D-41), Congresswoman Judy Chu (D-27), Supervisor Kathryn Barger, Director of Housing of Pasadena Bill Huang and Union Station Homeless Services Executive Director Anne Miskey.

To learn more, visit www.bridgehousing.com.

Heritage Square South Breaks Ground in Pasadena – Los Angeles Sentinel | Los Angeles Sentinel Source link Heritage Square South Breaks Ground in Pasadena – Los Angeles Sentinel | Los Angeles Sentinel

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