2024 Stride Development Public Benefit Corporation Brochure

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AtStrideDevelopment,wepioneervibrantandsustainable urbanlivingbyemphasizingstreetactivationandreducing cardependency.Ourvisionistotransformaffordableand marketratehousingintothrivingcommunityhubsthat encouragesocializing,walking,cycling,andpublictransit, thusfosteringhealthier,moreconnectedneighborhoods.

EmpoweringCommunity Engagement

Ourprojectsaredesignedtoactivatestreets throughmixed-usedevelopmentsthatinclude retailspaces,culturalcenters,andcommunity areas.Thisapproachnotonlypromoteslively urbanenvironmentsbutalsoenhancesthe socialfabricofthecommunitiesweserve.

Wearecommittedtoreducingcardependencyby integratingourdevelopmentswithexistingtransportation networksandbydesigningwalkableneighborhoods.This strategysupportsamoresustainableandaffordableurban lifestyleandcontributestotheoverallwell-beingof residents.

ProvidingEssentialAmenities

StrideDevelopmentfocusesonamenitiesthat fillgapsinthe urbanlandscape,ensuringresidentshaveeasyaccessto essentialservicesandrecreationalspaces.Thisapproach enhancesthelivabilityandappealofourdevelopments.

AdheringtoHigh EnvironmentalStandards

WebuildaccordingtoPassiveHousestandards,which emphasizeenergyefficiencyandenvironmental sustainability.Ourcommitmenttotheseprinciples ensuresthatwenotonlymeetbutexceedthe expectationsformodern,eco-friendlyhousing.

urbancapacitybuilding,andcitygovernment,hebringsawealthofknowledge andexpertisetohiswork.

JosephFewer-DirectorofDevelopment| OurDirectorofDevelopment meticulouslyoverseeseveryphaseofourprojects,frominitialconceptthrough tocompletion.Witharobustbackgroundinprojectplanning,design, construction,andbudgetmanagement,heensuresthateachdevelopment adherestothehigheststandardsofqualityandefficiency.Histrackrecord includesthesuccessfuldevelopmentofover1,000housingunitsinNewYork City,underscoringhiscapacitytodelivertransformativeaffordablehousing

KaylaLee,ncarb-DirectorofArchitecture |OurArchitectureDirectorinfuses eachprojectwithcreativityandinnovation,drawingonherextensive internationalexperienceincitiessuchasChicago,Amsterdam,andvarious localesinGermany.Holdingleadershippositionsinprominentarchitectural foundations,shechampionsStride’smissionofdesigningcommunity-centric, cutting-edgespaces.Hercommitmenttocraftingfunctional,enriching environmentsisahallmarkofherwork.

CathyMcGath-ChiefProjectStrategist |OurChiefProjectStrategistbrings criticalstrategicinsightandanalyticalprowesstoourprojects.Herextensive experiencemanagingcontractsforSection8housingandnavigatingHOME programfundinginNewYorkCityhashonedherskillsinassessingcommunity needsandaligningstakeholderinterests.Herexpertiseensuresthatourprojects delivermaximumbenefitstoallinvolvedparties.

SafiaGelle-AcquisitionsManager| WithpreviousexperienceatMorgan StanleyandinCongress,Safiabringsawealthofexpertisetoherroleas AcquisitionsManager.Sheexcelsatidentifyingandsecuringhigh-potential developmentopportunities,workingcloselywiththedevelopmentteamto assessfeasibilityandnegotiatecontracts.Herin-depthknowledgeofthe affordablehousingmarketandregulatorylandscapeempowersStride Developmenttostrategicallynavigateandcapitalizeonemergingopportunities

JasonNguyen-Media&PublicRelationsStrategistDirector| OurMediaand PRStrategistDirectorexcelsinmanagingthecompany’sexternal communicationsandmediarelations.Bycraftingandexecutingstrategic communicationplans,heeffectivelypromotesthecompany’smissionand projects.Hisemphasisonclearcommunicationandimpactfulpresentation enhancesourvisibilityandstrengthensourteam’spresence.

KavithaGundala-Co-DirectorofProjectManagement| Kavithaleveragesher extensiveexperienceinaffordablehousingmanagementtoguideStride Development’sprojectsfromconcepttocompletion.Withademonstrated historyinnonprofitorganizationsanddeepexpertiseinHUDprogramsand communityengagement,Kavitha'sskillsarevitaltoStride’smission.Her leadershipensuresourdevelopmentsmeetthehigheststandardsofcommunity benefitandsustainability,emphasizingqualityassuranceandstakeholder engagementineveryproject.

NazarHabib-Co-DirectorofProjectManagement| NazarHabib,serving alongsideKavitha,bringsarobustbackgroundinpropertymanagementand housingauthorityoperations.HistenureattheCityofFargoHousing& RedevelopmentAuthorityandhisroleatBeyondShelterInc.equiphimwith comprehensiveexpertiseineligibilityassessments,complianceoversight,and assetoptimization.Nazar’sadeptmanagementensuresthatourprojectsnot onlyachievebutexceedtheirintendedgoalsincommunityserviceandhousing excellence.

AtStrideDevelopment,wecombinetraditionalbuildingwisdomwithinnovativegreenpractices toredefineaffordablehousing.Ourgoalistocreatesustainable,engagingcommunitiesthattruly feellikehome.

GreenBuildingPractices

Wefocusonenergyefficiencywithexceptional insulation,ensuringourbuildingshelpreduceoverall operatingcostsandsupportpredictableenergy expenses.Ourcommitmenttogreenpracticesmeans eachprojectmeetsrigorousstandardsforsustainability, providingcomfortable,environmentallyfriendlyhomes.

Community-FirstDesign

Wedesignourdevelopmentstoenhancecommunity interactionandaccessibility.Withfeatureslike pedestrian-friendlypathwaysandcommunalgardens,we encourageastrongsenseofcommunityandmakeour neighborhoodsmorelivableandwelcoming.

RevitalizingNeighborhoods

Weoftenemployadaptivereusestrategies,givingnewlife toexistingbuildingsandmaintainingthearchitectural heritageofthecommunity.Thisapproachnotonly conservesresourcesbutalsoenrichestheneighborhood's characterandvibrancy.

Byintegratingtheseelements,StrideDevelopmentbuilds morethanjuststructures—wecreatevibrantcommunities wheresustainabilityandqualityoflifeareintertwined.

AtStrideDevelopment,ourportfolioreflectsablendofin-houseexpertiseandtheextensive experienceourteambringsfrompastengagementsintheindustry.Thefollowingprojects exemplifythehighstandardsandinnovativeapproachesweemploytodeliversustainable, community-focuseddevelopments.WhilesomeweredevelopedentirelybyStride,others highlightthedeepexpertiseourleaddeveloperandteamhavegainedacrossmultiplerolesand sectors.

Gardenette

Location: 90213thStreetSE,Jamestown,ND58401

Details: 150totalunitswithrentandincomerestrictionsat 30%,40%,50%,and60%ofareamedianincome

ProjectCost: $48million

Role: SoleDeveloper

Financing: Utilized9%LIHTC,FreddieMacForward, BND/Local,andpartnersoftloans

2400Chicago

2400ChicagoAvenue,Minneapolis,MN

42-unit,5-story,elevatorbuildingconsistsof studio,two-,three-andfour-bedroomunits

$23.1million

Soledeveloper

4%LIHTCwithaHUDloanguaranteeand publicgapfunding

KeyAchievement: 11ofthe42totalunitswillbeset asideasSupportiveHousingunits–7forhigh-priorityhomeless,4forpeoplewithdisabilities

BedfordGreenHousePhaseII

2880JeromeAve,Bronx,NY

116unitsofsupportiveandlow-income permanenthousingwithanintegratedFederallyQualified HealthCenter(FQHC)

$72.1million

Developer(ProjectRenewal)(developedbyJoseph

Utilized4%LIHTC,HCRSHOP,HPDSHLP, OTDAHHAP,ResoA

NewProvidence

Location: 225East45thStreet,NewYork,NY

Details: 301unitssplitbetweenpermanenthousinganda singleadultshelter,includingmedicalfacilities

ProjectCost: $121million

Role: Co-Developer,Owner(ProjectRenewalwith Monadnock)(JosephFewer)

Financing: Combined4%LIHTCwithvariouspublicfunds forhousingandaprivateloanforthesheltercomponent

GreenpointHospitalShelter

19DebevoiseAve,Brooklyn,NY

Conversionofahistoricbuildingintoa200-bed singleadultshelterwithmedicalfacilities

$66.4million

Co-Developer,Owner/Operator(ProjectRenewal withHudsonandSt.NicksAlliance)

Financing: Fundedthroughprivateloansbackedby DHSdebtservicecontracts

TheHannigan

Location: 310W.127thStreet,NewYork,NY

Details: 117unitsofsupportiveandlow-incomepermanent housing

ProjectCost: $75.7million

Role: Developer(CUCS)

Financing: Securedthrough4%LIHTC,HPDSHLP,OTDA HHAP,ResoA

KingsbridgeHeights

Location: 2700JeromeAvenue,Bronx,NY

Details: 136unitsofsupportive,low-and moderate-incomefamilies

ProjectCost: $71.3million

Role: Co-Developer,Co-Owner(CUCSwithB&B Urban)

Financing: Fundedthrough4%LIHTC,HPDELLA,HCRSHOP

UrbyJerseyCity

Location: 200GreeneSt,JerseyCity,NJ07311

Details: KaylaLee,ncarb,workedwithConcrete&Ironstate Developmenttocreateresidentialcomplexesthatprioritize community,culture,andanincrediblyhighstandardofdesign andquality

ProjectCost: $88.34million

Role: PublicSpacesDesigner

KeyAchievement: Curated&DesignedInteriorArchitecture, PlacemakingVignettes,Material/Equipment/LightingDesign &Selection,VendorCoordination,ProductionDocuments, PresentationDocuments,CodeAnalysis

ProjectCost: $275million

Role: PublicSpacesDesigner

UrbyStatenIsland

Location: 7NavyPierCt,StatenIsland,NY

KaylaLee,ncarb,workedwith Concrete&IronstateDevelopmentcreated akeycomponentofthecity'sWaterfront DevelopmentPlantoprovidemuch-needed mixedusedevelopmentwithincredible housing,retail,andsocialspacesaswellas strongconnectionstoopenpedestrian spacesandpathways

KeyAchievement: Curated&DesignedInteriorArchitecture,PlacemakingVignettes,Material/ Equipment/LightingDesign&Selection,VendorCoordination,ProductionDocuments, PresentationDocuments,CodeAnalysis

VisionfortheFuture

StrideDevelopmentisonanexcitinggrowth trajectory,withfourtransformativeprojects currentlyinthepipeline.Theseinitiatives exemplifyourcommitmenttoinnovationand community-focuseddevelopmentin affordablehousing.Aswelooktothefuture, weanticipatenotonlymaintainingbut acceleratingourgrowth,drivenbyboththe ongoingdemandforsustainablehousing solutionsandourprovenabilitytodeliver

ExpandingOurImpact

Ourplansincludeexpandingourreachintonew communitiesandleveraginggreenbuildingpracticesand smarttechnologiestoenhancelivabilityand environmentalstewardship.Wearededicatedto creatingspacesthatnotonlymeettheneedsoftoday butarealsoadaptabletothefuture.

Weinviteyoutobeapartofthispromisingjourney.Whether you’relookingtoinvest,partner,orsimplyshareinourvision, yourinvolvementiscrucialforustocontinuemakinga difference.JoinStrideDevelopmentinshapingthefutureof housing,wherecommunitywell-beingandsustainabilityare attheforefront.

GetinTouch

TyroneGrandstrand:CEO

Email: tyrone@stridehousing.com

SafiaGelle -AcquisitionsManager

Email: safia@stridehousing.com

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