Commonbond Communities

Advantage services: Commonbond's advantage services program provides holistic resident services that support housing stability and prevent evictions for residents with low incomes and barriers to stability. Advantage services are focused on stability and independence; education and advancement; health and wellness; and community building and engagement. In 2023, advantage services directly served 4,304 Commonbond residents.see schedule o for more info on advantage services' accomplishments.stability and independence: staff provide support to help residents maintain stable housing including resident lease education and support to address past due rental balances, including resource referrals and assistance applying for emergency assistance. In 2023, 83% of housing exits were positive or neutral and 93% of households with a lease violation in the last year maintained housing with Commonbond or exited positively or neutrally.education and advancement: staff work with adults to help them maintain stable housing through employment services, financial coaching and counseling, and maximizing income supports. In 2023, 1,244 adults received employment and/or financial services. Children and youth have access to academic support and mentorship through study buddies, homework centers, teen programs, and enrichment/leadership programs. In 2023, these programs served 226 youth and teens. 100% of youth developed a positive relationship with an adult, 94% of teens engaged in future planning.health and wellness: seniors and residents with disabilities benefit from evidence-based health and wellness programs. The goal is to keep residents active and in their own homes. In 2023, 90% of exercise class participants improved or maintained their strength and coordination. 254 individuals participated in health and wellness programs.community building and engagement: we provide opportunities for community-building, including resident associations, walking groups, community gardens, and multi-generational events. The goal is to empower residents to develop activities that are meaningful in their own Communities. In 2023, more than 1,432 residents participated in these activities.

Community engagement: integral to our work are the relationships that are formed to benefit our resident community and our housing Communities in general. Community members work hand-in-hand with staff and residents at our housing Communities. Hundreds of residents, critical service providers, local business owners, municipalities, community groups, faith Communities, and other neighborhood organizations serve on boards and committees to help foster understanding and support the housing Communities and the people who live there. This model promotes resident leadership and helps break down barriers that sometimes arise between an affordable housing site and its surrounding neighborhood.

Housing development, property management and asset management: since 1971, Commonbond Communities has been providing homes and hope for those most in need in our community. As a premier nonprofit developer and manager of affordable housing, Commonbond is best positioned to address the critical need for more affordable housing in our region. In order to achieve its goal of serving 15,000 per year by 2025, Commonbond has been aggressively growing its real estate pipeline, developing financing tools internally and with stakeholders, and evaluating its existing portfolio for upcoming needs. See schedule o for more info on housing development, property management, and asset management's accomplishments.during 2023, Commonbond owned and managed more than 7,000 units of affordable housing that provided nearly 13,000 people (families, seniors, veterans, and people with disabilities and other barriers) a place to call home.