SOURCE: Citizens Housing Corporation

December 03, 2007 19:27 ET

Citizens Housing Corporation Wins Award From The Home Depot Foundation

Award Comes With $100,000 in Grants to Support Environmentally Sustainable Affordable Housing

SAN FRANCISCO, CA--(Marketwire - December 3, 2007) - Citizens Housing Corporation, an innovative nonprofit housing developer, announced that its Folsom/Dore Apartments building is the 2007 national winner of The Home Depot Foundation's Awards of Excellence in Affordable Housing Built Responsibly in the rental category. The award includes a $75,000 grant from The Home Depot Foundation to support environmentally sustainable affordable housing; it comes in addition to a $25,000 grant recently awarded to Citizens Housing by the foundation for the same project. The Home Depot Foundation announced the award at a ceremony attended by former President Bill Clinton at the United States Green Building Council's (USGBC) 2007 GreenBuild Conference & International EXPO in Chicago on November 7th.

"Citizens Housing is very proud to win this award and looking forward to using this funding to build more housing that is both affordable and sustainable," said James Buckley, president of Citizens Housing. "We're grateful to The Home Depot Foundation for their support of our work and their leadership in supporting environmentally responsible affordable housing."

The Folsom/Dore Apartments houses a mix of low-income and formerly homeless households in 98 units and offers supportive onsite services for its residents. It was among the very first new affordable housing developments in the United States to receive a LEED rating from the USGBC. LEED is a nationally accepted benchmark for the design, construction and operation of green buildings. Folsom/Dore, which received a LEED silver rating, was the first new housing development of any kind in Northern California to be LEED rated.

"The Home Depot Foundation is proud to award Citizens Housing the Affordable Housing Built Responsibly Award," said Kelly Caffarelli, executive director, The Home Depot Foundation. "This award seeks to identify, recognize and showcase the outstanding and innovative work of nonprofit housing development corporations engaged in green building construction and rehabilitation. By forming a partnership with Citizens Housing, we are furthering our shared mission of improving the health of local communities."

About The Home Depot Foundation

The Home Depot Foundation was created in 2002 to further the community building goals of The Home Depot. The Home Depot Foundation is working to improve the health of communities by supporting the development of affordable, healthy homes for working families and by the strategic planting and preservation of trees in parks, in schoolyards and along city streets. Since its formation, The Home Depot Foundation has granted nearly $30 million to nonprofit organizations, supported the development of more than 40,000 affordable, healthy homes and planted and preserved more than one million community trees. In 2007, The Home Depot Foundation committed to significantly increase its financial support in these two areas by awarding $100 million in grants over the next 10 years, which will result in the development of 100,000 affordable, healthy homes for working families and the planting and preservation of more than 3 million community trees. For more information, visit www.homedepotfoundation.org.

About Citizens Housing Corporation

Citizens Housing Corporation is an innovative, nonprofit, affordable-housing developer and manager, incorporated in 1992 to increase and preserve affordable housing opportunities for low-income Californians. Their diverse portfolio includes green buildings, transitional housing on a former naval base, reuse of historic buildings for affordable senior and family housing, renovation of HUD Section 8 expiring-use properties, supportive housing for people with special needs, and mixed-use, transit oriented developments. Citizens Housing's current portfolio includes over 3,000 units, more than 90% of which are affordable by low-income seniors and families earning between 30% to 60% of the area median income. For more information, please visit www.citizenshousing.org.

Contact Information

  • Contact:
    Eliot Dobris
    For Citizens Housing Corporation
    (415) 902-1241
    Email Contact

    Nikki Batsch
    The Home Depot
    (714) 940-3687
    Email Contact