Pacific Crest Affordable Housing

What Pacific Crest Affordable Housing does

Pacific Crest Affordable Housing is a privately held, founder-owned developer of income-restricted multi-family housing based in Bend, Oregon, founded in 2005 by John Gilbert and Rob Roy. The company develops, owns, and (via Pinehurst Management Company) operates a portfolio of eight completed affordable housing properties across Central Oregon — five in Bend, two in LaPine, and one in Prineville — comprising approximately 400+ units split between senior housing (55+) at five properties and workforce/family housing at three properties. All units are reserved for households earning 60% of Area Median Income or less, with rents structured to be affordable for those at 30–50% of AMI.

The core product is sustainable, multi-family affordable housing, distinguished by progressively scaled sustainability features that include solar photovoltaic arrays (ranging from 14.99 kW up to 67 kW per building), geothermal heating and cooling, solar thermal hot water systems, insulated concrete form wall construction, motion-sensor LED lighting, gray water infrastructure, and EnergyStar appliances. Several buildings have achieved EarthAdvantage Platinum certification, and Little Deschutes Lodge Phase 2 received Novogradac's Renewable Energy Power Award in 2014. New Urbanism design principles are applied across the portfolio, with common amenities such as community rooms, fitness centers, libraries, and raised-bed gardens.

Revenue is generated primarily through monthly residential rental income from the housing portfolio, supplemented by the Pacific Crest Lavender & Honey consumer products line (launched 2019) whose profits are dedicated to affordable housing. Development capital is sourced through Low-Income Housing Tax Credits, HOME funds, Oregon Housing Trust Funds, Oregon Affordable Housing Tax Credits, property tax exemptions, and direct local government partnerships (City of Bend). Customer acquisition is direct — prospective residents contact individual property site managers and apply to property-specific waitlists. The company maintains a small staff of 11–50 employees and is not backed by disclosed private equity or venture capital.

Name

Pacific Crest Affordable Housing

Legal name

Pacific Crest Affordable Housing

Website

https://pacificcrestaffordablehousing.org

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Pacific Crest Affordable Housing is a Bend, Oregon-based nonprofit-style developer that has built and operates eight income-restricted multi-family housing projects (~400+ units) across Central Oregon for seniors (55+) and workforce families earning 60% of Area Median Income or less.

Ownership category

akta.pro rank

Product category

Affordable Housing

NAICS

Other Residential Care Facilities (623990), Assisted Living Facilities for the Elderly (623312), Residential Building Construction (2361)

SIC

Operators Of Apartment Buildings (6513)

akta.pro primary industry

Residential Affordable Housing Development & Construction (IMAFABAI)

akta.pro secondary industries

Independent Living Community Development & Construction (Senior Housing Developers) (HLADAAAH), Senior Living & Assisted Living Facility Construction (IMAFACAJ), Senior & Assisted Living Residential Property Management (BPAJAFAE), Affordable/Subsidized Independent Living (HUD/LIHTC) Communities (HLADAAAB)

Keywords

• Affordable housing development
• Senior rental housing
• Workforce housing
• Multi-family rental
• Sustainable building

Headquarters

HQ city

Bend

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Residential Rental Income: The company generates revenue through rental income from its eight affordable housing properties in Central Oregon. Rents are fixed to be affordable for residents earning 30-50% of Area Median Income, though buildings are reserved for those earning up to 60% AMI. Properties include senior-only buildings (55+) and all-ages workforce/family housing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Pacific Crest Affordable Housing develops, owns, and operates income-restricted multi-family rental housing for low-income residents of Central Oregon. The portfolio comprises eight completed projects (five senior buildings for residents 55+ and three all-ages workforce/family buildings) across Bend, LaPine, and Prineville, with rents fixed to be affordable for households earning 30-60% of Area Median Income. Properties are managed on-site by Pinehurst Management and incorporate progressive sustainability features such as solar arrays, geothermal heating/cooling, and EarthAdvantage Platinum-certified construction.

Product overview

Pacific Crest Affordable Housing develops and manages a portfolio of eight affordable and workforce housing properties across Central Oregon (Bend, LaPine, and Prineville). The company offers two types of housing: (1) Senior housing for residents 55+ at Mountain Laurel Lodge, Discovery Park Lodge, Little Deschutes Lodge, and IronHorse Lodge; and (2) Workforce housing for all ages at Azimuth 315 and Canal Commons. Additionally, Pacific Crest Lavender & Honey is a complementary consumer products venture whose profits directly fund affordable housing initiatives. The portfolio provides approximately 400+ total housing units with progressive sustainability features including solar panels, geothermal heating/cooling, LED lighting, and Earth Advantage certifications.

Differentiator

Problem solved

Functional benefit

Brands

• Pacific Crest Lavender & Honey: Lavender products venture where 100% of profits support local affordable housing. Products include lavender hydrosol, essential oils, and honey, all free from chemicals, pesticides, and artificial additives.

Products and services

• Mountain Laurel Lodge Pacific Crest's first senior affordable housing project, completed in 2006 on Bend's west side en route to the Cascade Lakes. Offers 54 independent rental apartments for seniors 55+, reserved for households earning 60% AMI or less with rents affordable for 40-50% AMI.
• Discovery Park Lodge Senior housing lodge completed in 2008 in Bend's NorthWest Crossing neighborhood, offering 53 independent living spaces for seniors 55+. Located within walking distance to local shops, restaurants, and parks.
• Little Deschutes Lodges 1 & 2 Two-phase affordable housing project in LaPine, Oregon providing over 52 affordable units for seniors 55 and older. Phase 2 was awarded Novogradac's Renewable Energy Power Award for a Small Community Project in 2014 for its 32.2 kW solar PV system, solar hot water, and ground source heating/cooling.
• IronHorse Lodge Senior housing in Prineville providing 26 independent living rental apartments for low-income seniors 55+. Pacific Crest's most sustainable building at completion, certified Platinum by EarthAdvantage with a 67 kW solar array, solar heated hot water, and ground source heating/cooling. Visited by Oregon Governor Kate Brown in 2017.
• Azimuth 315 Workforce housing project in Bend's NorthWest Crossing neighborhood featuring 50 one- and two-bedroom apartments with contemporary architecture, community room, exercise room, bike room, and laundry facilities. Reserved for households earning 60% AMI or less.
• Canal Commons 1 & 2 Two-phase workforce and family housing project in northeast Bend totaling 96 units (48 units each phase), featuring one-, two-, and three-bedroom units with commons building, community room, fitness room, and playground. Canal Commons 2 achieved Earth Advantage Platinum Status with incorporated solar panels.
• Pacific Crest Lavender & Honey Lavender farm products venture including lavender angustifolia hydrosol, hand-crafted gift items, and vintage honey. All products are free from chemicals, pesticides, and artificial additives, and 100% of profits support local affordable housing initiatives.

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Pinehurst Management CompanycoreImplementation/ SI/ Consulting PartnerProperty management company that manages all Pacific Crest properties, handling tenant inquiries, waitlist applications, and day-to-day operations for Mountain Laurel Lodge, Discovery Park Lodge, Little Deschutes Lodges, IronHorse Lodge, Azimuth 315, and Canal Commons.
• Local Healthcare and Social Service OrganizationsminorStrategic or Co-development PartnerPartnerships with local healthcare and social service organizations at each property to provide resident wellness services including immunization clinics, health education, prenatal care education, mental health screenings, substance abuse education, and nutrition services.
• Bend-LaPine School DistrictminorOthersCommunity partner involved in Mountain Laurel Lodge development to support diverse neighborhoods and family housing near schools.

Scale indicators5 records

Recent moves2 records

Expansion highlights4 records

Broad incumbents

• The NRP Group: National affordable and market-rate multifamily developer with deep LIHTC experience. Comparable in multi-family affordable housing development and operating model, but operates at much larger scale with broader geographic diversification.
• Mercy Housing: National nonprofit affordable housing developer and operator with Oregon presence. Comparable in mission and LIHTC-financed affordable multifamily model, but operates at national scale with much larger portfolio and balance sheet.
• BRIDGE Housing: West Coast nonprofit affordable housing developer with portfolios in California, Oregon, and Washington. Comparable in LIHTC-financed affordable multifamily model with sustainability features, but operates at significantly larger scale and broader geographic footprint.
• Dominium: National affordable and market-rate multifamily developer with significant LIHTC-financed portfolio. Comparable in multi-family affordable housing development and property management, but operates at much larger scale across multiple states.

Regional players

• Home Forward: Public housing authority serving Portland metro with affordable rental housing portfolio comparable in mission. Regional Oregon operator with similar resident income targets though larger scale and public-sector governance model.
• Housing Works (Central Oregon): Central Oregon-based nonprofit housing organization serving homeless and housing-insecure individuals in Deschutes County. Operates in the same regional market as PCAH with overlapping resident populations, though focuses on more acute housing needs rather than multi-family rental.

Direct peers

• Cascade Management Inc. Oregon-based affordable housing property management company serving LIHTC-financed properties across the Pacific NW. Directly comparable as the day-to-day operator for affordable housing in the same Oregon market where PCAH operates via its Pinehurst Management partner relationship.
• REACH Community Development: Portland-based nonprofit affordable housing developer and CDC serving income-qualified Oregon residents. Directly comparable in mission, resident income targeting, and use of LIHTC/HOME financing across Oregon.
• Community Development Partners: Portland-based LIHTC-focused affordable housing developer operating across the Pacific NW with comparable unit-scale multifamily projects. Directly comparable to PCAH in target residents (≤60% AMI), use of stacked public funding sources, and sustainability-driven design philosophy.

Others

• Enterprise Community Partners: National LIHTC syndicator, mission-driven investor, and affordable housing developer. Functions partly as a financial partner to developers like PCAH (alongside National Equity Fund) while also operating its own affordable portfolio, making it an enabling/adjacent participant in the same ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/pacificcrestlavender
• LinkedInlinkedin.com/company/pacific-crest-affordable-housing-llc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Crest Affordable Housing