Notes from Annette Billingsley

Notes from Annette Billingsley

One of the wonderful things about being part of Union Bank's Community Development Finance (CDF) group is collaborating with affordable housing developers who are making a transformative impact on the lives of thousands of people.

In San Mateo, MidPen Housing broke ground on an innovative 120-unit development. Sixty apartments will be affordable, with 10 reserved for residents with developmental disabilities. A market-rate developer will build the other 60 units, making it a truly integrated mixed-income community.

In Seattle, Mercy Housing Northwest will soon break ground on a development for 61 families, including a nonprofit fitness center to help address health issues in the community.

In Los Angeles, Thomas Safran & Associates has nearly completed a 124-unit senior development, including 30 Public Housing Assisted Units.

In Sacramento, Related of California is transforming a neglected lot into a vibrant mixed-use development with low-income senior housing and a thriving retail component.

This is only a small sample of the work our clients are accomplishing, which will improve the lives of thousands for many years to come.

Annette Billingsley
Senior Vice President & Division Head