Aerial view of Los Angeles, California
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Hudson Pacific Properties has pledged $500,000 to Union Rescue Mission, a Los Angeles-based nonprofit working to provide both emergency and long-term services to adults and children experiencing homelessness.
More than 58,000 people struggle with homelessness on a nightly basis in Los Angeles County, and over 36,000 in the City of Los Angeles, according to the Los Angeles Homeless Services Authority. Last year’s point-in-time homeless count for Greater Los Angeles revealed a 12% increase within the county from the previous year, and a 16% jump in the city.
“Hudson Pacific is committed to being a part of the solution to the homelessness epidemic that so many of our major cities are facing,” said Natalie Teear, vice president of sustainability and social impact at Hudson Pacific. Their half-a-million dollar donation will directly support Union Rescue Mission over a three-year period.
This latest philanthropic contribution is in keeping with Hudson Pacific’s comprehensive efforts to combat homelessness and strengthen communities in their core markets of Los Angeles, Silicon Valley, San Francisco, Seattle and Vancouver.
With headquarters in Los Angeles, Hudson Pacific Properties is a real estate investment trust, known for their expertise in acquisition, development, redevelopment, leasing and operations. Their geographic focus is on West Coast epicenters of innovation for media and technology, with a portfolio of high-quality office and state-of-the-art studio real estate totaling almost 19 million square feet.
Hudson Pacific’s corporate social responsibility includes Hudson Helps, a philanthropy and volunteerism program. At the corporate level, they partner with leading nonprofits, primarily in the areas of housing and shelter, education, employment and the environment. At the employee level, the Hudson Helps program reinforces positive social impact by providing every employee with 32 hours of paid volunteer time-off annually, as well as providing company-matched donations for employees’ charitable contributions.
“Being a responsible corporate citizen is part of who we are, and it is important to our employees, tenants, city partners and shareholders,” Teear said.
“We are excited to announce this commitment to Union Rescue Mission, and we will continue to pursue creative ways to work with local partners striving to prevent homelessness and overcome housing affordability challenges in our core markets and beyond.”