Corner 4
Invest in Key Infrastructure to increase organizational agility and readiness for scale
Eden continues to advance and strengthen its underlying infrastructure for increased capacity to achieve our goals.
Achieved AA- S&P Global Rating
“We’re proud of the rating assigned by S&P and believe it is reflective of our organization’s unwavering commitment to assuring our financial strength as we expand access to affordable housing throughout California,” said Tatiana Blank, CFO of Eden Housing. “The AA- rating allows Eden access to new sources of funding that enhance our capacity to continue delivering high-quality, stable housing to the communities we serve.”
Secured $9.2M in sustainability initiatives including PV solar installations and major retrofits
Launched “AskEden” AI Chatbot powered by Notion, a self-service tool that allows staff to access information in real time – like having a personal assistant in your pocket
Green Building Best Practices and Market Leadership
- Eden released an industry report on greenhouse gas reduction to move towards a carbon-free future for affordable housing. With grant funding from Wells Fargo Bank Foundation and Enterprise, Eden conducted Greenhouse Gas (GHG) Assessments at 28 properties, covering 3,860 units and 50% of total portfolio GHG emissions.
- We secured over $4 million in incentives to electrify and reduce energy usage at 13 properties resulting in reduction of over 360 Metric Tons of CO2 emissions.
- Eden also secured incentives to cover 100% of costs of direct installation of 10 charging stations at two properties.
Accomplishments in the Past 5 Years
Hired general counsel and Eden’s first risk manager
Secured $250,000 in grants to complete portfolio audits for electrification potential and carbon reduction
Completed emergency binder rollout at all property sites
Created an Emergency and Business Continuity Plan for the organization
Launched Alert Media, a company-wide communication tool for emergencies
Accomplishments in the Past 5 Years
- Expanded emergency planning and response capacity
- Expanded Eden’s risk management capacity by hiring General Counsel and Eden’s first Risk Manager
- Secured $250,000 in grants to complete portfolio audits for sustainability improvements
- Launched first AI-enabled Knowledge Management System