MidPen Housing
Foster City, CA 501–1,000 employees 7 principals
Last updated by Dawn
About MidPen Housing
MidPen Housing is a real estate operator headquartered in Foster City, CA. MidPen Housing operates in Salinas, California, San Francisco - Oakland Bay Area, California and San Jose, California. Its investment focus is on Affordable Housing, Multifamily - Core and Multifamily - Ground-up.
MidPen Housing is a non-profit real estate organization headquartered in Foster City, California. Founded in 1970, the corporation operates with 56 years of dedicated experience in the affordable housing sector. To manage its extensive regional footprint and community-focused initiatives, the company maintains a dedicated internal workforce of approximately 600 to 630 employees. The organization holds a substantial institutional presence, managing approximately $3.2 billion to $3.5 billion in total assets. Its current operational portfolio includes 139 to 140 affordable housing communities distributed across 12 Northern California counties. Through these properties, MidPen provides stable, high-quality housing to more than 10,000 families and seniors, serving a total population of over 22,000 regional residents. The firm actively expands its community impact by maintaining a robust development pipeline of roughly 4,000 homes in various stages of planning, entitlement, and construction. Beyond its core residential offerings, the company manages more than 80,000 square feet of commercial real estate intended for neighborhood-serving businesses. To foster long-term resident success, MidPen allocates between $14 million and $16.8 million annually to direct, on-site resident services focusing on education, health, and economic mobility.