Page 9 - HIP Housing Impact Report 2016-2017

Property Development (HHDC) & Property Management (HHAV)

HIP Housing’s Property Development Program provides
desperately needed, below market rate (BMR) affordable
rental housing in San Mateo County. The HIP Housing’s
affordable housing portfolio includes 16 properties owned,
totaling 253 units, with an additional 7 properties managed
for 3rd parties. Together, these units provide 640 people
with deed restricted affordable places to call home. Of
those living in properties owned by HIP Housing:

68% 24% 8%

Extremly Very Low Low
low income income income

Our Properties

11 South Delaware, Commercial, South Hillside, Daly City, Redwood Oaks, Redwood City,
San Mateo,11 units, San Francisco,15 units, 18 units, 37 residents 36 units, 48 residents
27 residents 37 residents
Hilton, Redwood City, NEW
200 South Delaware, Cypress, San Mateo, 3 units,15 residents Stafford, Redwood City,
San Mateo,16 units, 16 units, 31 residents 7 units,14 residents
29 residents Idaho, San Mateo,
Edgewater Isle, 6 units,10 residents Willow Road, Menlo Park
Cedar, San Carlos, San Mateo, 92 units 12 units, 24 residents
3 units, 14 residents of Senior Housing, Oxford, Redwood City,
109 residents 3 units, 9 residents
Cherry, San Carlos,
6 units,15 residents El Dorado, San Mateo, Pine, Redwood City,
6 units,16 residents 3 units,18 residents