COMMONBOND COMMUNITIES

COMMONBOND'S ADVANTAGE SERVICES PROGRAM PRIORITIZES HOUSING STABILITY AND EVICTION PREVENTION, OFFERING A CONTINUUM OF SUPPORT FROM SERVICE COORDINATION TO COMPREHENSIVE HOUSING CASE MANAGEMENT FOR LOW-INCOME RESIDENTS LIVING IN COMMONBOND COMMUNITIES. ADVANTAGE SERVICES ARE FOCUSED ON STABILITY AND INDEPENDENCE; EDUCATION AND ADVANCEMENT; HEALTH AND WELLNESS; AND COMMUNITY-BUILDING AND ENGAGEMENT. IN 2024, ADVANTAGE SERVICES DIRECTLY SERVED 5,036 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 WORKING WITH PROPERTY MANAGEMENT IF RENT WILL BE LATE AND OTHER ASSISTANCE TO PREVENT EVICTION. COMMONBOND STAFF WORK WITH RESIDENTS TO REMOVE BARRIERS TO OTHER SERVICES INCLUDING FOOD ACCESS, HEALTH CARE AND/OR MENTAL HEALTHCARE ACCESS, CHILDCARE, INCOME SUPPORTS, ETC. IN 2024, 82% OF HOUSING EXITS WERE POSITIVE OR NEUTRAL AND 94% 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 2024, 1,025 ADULT RESIDENTS RECEIVED EMPLOYMENT AND/OR FINANCIAL SERVICES. YOUTH AND TEEN PROGRAMS PROVIDE ACADEMIC SUPPORT, SOCIAL-EMOTIONAL LEARNING, MENTORSHIP, LEADERSHIP, AND POST-SECONDARY SUPPORT FOR YOUTH RESIDENTS IN GRADES K-12. IN 2024, THESE PROGRAMS SERVED 220 YOUTH AND TEENS. 84% OF ELEMENTARY-AGED STUDENTS IMPROVED THEIR READING LEVELS AND 89% OF TEENS ENGAGED IN FUTURE PLANNING WITH AN ADULT. HEALTH AND WELLNESS: OLDER ADULTS AND RESIDENTS WITH DISABILITIES BENEFIT FROM EVIDENCE-BASED HEALTH AND WELLNESS PROGRAMS THAT SUPPORT RESIDENTS IN AGING INDEPENDENTLY IN THEIR HOMES. IN 2024, 154 OLDER ADULTS PARTICIPATED IN HEALTH AND WELLNESS PROGRAMS AND 89% OF EXERCISE CLASS PARTICIPANTS MAINTAINED OR IMPROVED THEIR STRENGTH AND COORDINATION. COMMUNITY-BUILDING AND ENGAGEMENT: RESIDENT-DRIVEN COMMUNITY EVENTS SUCH AS WALKING GROUPS, COMMUNITY GARDENING, CULTURAL CELEBRATIONS, AND INTER-GENERATIONAL EVENTS SUPPORT RESIDENTS IN BUILDING CONNECTIONS THAT HELP THEM MAINTAIN STABLE HOUSING. IN 2024, 2,704 RESIDENTS PARTICIPATED IN COMMUNITY-BUILDING ACTIVITIES.

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 2024, COMMONBOND OWNED MORE THAN 7,000 UNITS OF AFFORDABLE HOUSING THAT SERVED NEARLY 13,000 RESIDENTS INCLUDING FAMILIES, YOUTH, SENIORS, VETERANS, AND PEOPLE WITH DISABILITIES AND OTHER BARRIERS TO STABILITY.