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Aruna Doddapaneni Joins Eden Housing as Senior Vice President of Real Estate Development
July 31, 2023
— Doddapaneni brings extensive experience developing affordable housing communities —
Eden Housing is pleased to announce the appointment of Aruna Doddapaneni to its extended leadership team. She will serve as senior vice president of real estate development.
Doddapaneni comes to Eden from BRIDGE Housing, where she oversaw development activities throughout Oregon and Southern California as the senior vice president of development. She joined BRIDGE Housing in 2010 and was instrumental in growing both regions for BRIDGE during her tenure.
Her work with Celadon at 9th & Broadway, a 250-unit, 17-story apartment community located in downtown San Diego, led to multiple awards and accolades. Doddapaneni led efforts to pilot a new financing structure by combining 9% and 4% low-income housing tax credits in a single high-rise building.
Celadon was the first development in California to use this groundbreaking financing structure, which has since been replicated throughout the country. Both the innovative financing and building design have won multiple awards including the prestigious Urban Land Institute Global Award of Excellence in 2016.
Prior to joining BRIDGE Housing, Doddapaneni worked within Mercy Housing, Inc.’s National Development Services division. While there, she acquired, restructured, developed and rehabilitated over 1,000 units of senior and family housing nationally. In addition to her role as a senior project developer at Mercy, she served as a housing and development consultant to other nonprofit and women religious organizations.
Doddapaneni was recognized by the Urban Land Institute’s “40 under 40” in 2014 and Real Estate Forum named her one of Southern California’s Most Powerful Women in 2017. She was also honored by Biznow as one of Southern California’s Women Leading Real Estate in 2022.
“We’re thrilled to have such an innovative thinker join our team,” said Andrea Osgood, Eden Housing’s chief of real estate development. “Aruna’s work in the low-income housing space is both impressive and inspiring. We look forward to the positive impact she will have on our housing portfolio, the communities we serve and the many Eden team members she will mentor.”
Doddapaneni received her BBA in Finance from the University of New Mexico, and her MBA in Real Estate Finance from the University of Denver. She currently serves on the Board of Directors of the San Diego Housing Federation.
ABOUT EDEN HOUSING
Eden Housing is a non-profit organization with 55 years of experience providing safe and affordable housing that helps families stay secure, allows communities to thrive, and solves many of the most pressing housing challenges facing California cities. Since its inception, the Bay Area-based organization has developed more than 10,000 affordable homes and is a leader in making its residential communities environmentally sustainable and efficient through integrating energy conservation. Eden is also known as a champion of housing policy advocacy at the local, state, and national level, supporting practices that both create and preserve affordable housing for diverse communities. Learn more at www.edenhousing.org.
Media Contact:
Birgit Johnston
Johnston Communications for Eden Housing
(408) 656 8025, birgitjohnston@me.com