Bay Area Housing Corporation (BAHC)

Property management - in cooperation with the department of developmental services, san andreas regional center ("sarc") and golden gate regional center ("ggrc"), the organization has developed a wellrespected Housing organization with a financially sustainable portfolio.bahc currently owns 50 scattered site, single family homes in the Bay Area. Homes will provide permenant Housing opportunities for a vulnerable and often invisible part of our community. Current capacity provides specialized Housing for up to 200 individuals at any one time. Over the years, bahc's homes have been a safe, supportive home for an estimated 400 people, and will continue to be a community resource into the future.casa milagro - in 2007, the organization formed a limited liability company, casa milagro, llc. This llc holds the 32 homes acquired under the Bay Area Housing plan, between 2003 and 2011. These properties were refinanced with a 15 year bond issued in 2011.mas milagros - in 2010, the organization formed another limited liability company, mas milagros, llc. This llc holds 4 properties, acquired between 2011 and 2015. These properties have "forgivable" loans from city and county of santa clara, and are encumbered by restrictive covenants. Interest is accrued annually, however no payments are made and loans will be forgiven over time.cpp properties - cpp holds 14 properties acquired under the community placement plan ("cpp"), between 2016 and 2023. These properties were financed with a combination of grants from the state of California and commercial loans. In fiscal 2022-23, the organization added one home to the cpp portfolio. Renovations are ongoing at year end. Bahc is actively working on contracts to acquire and renovate two additional cpp homes in the next year.

Project development - bahc is active in seeking new properties to add to its portfolio to expand its mission in providing special needs Housing for those with developmental disabilities. Bahc is active in securing contracts to utilize its expertise in project development and management.