Donation is part of the company’s philanthropic efforts across its West Coast markets
LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that it has pledged $500,000 to Union Rescue Mission as part of the company’s comprehensive efforts to fight homelessness and give back to communities in its core markets of Los Angeles, Silicon Valley, San Francisco, Seattle and Vancouver.
On any given night, there are more than 58,000 people experiencing homelessness in Los Angeles County, according to the Los Angeles Homeless Services Authority. Union Rescue Mission provides many of these men, women and children with vital emergency and long-term services, and Hudson Pacific’s $500,000 donation will directly support these efforts over the course of three years.
Rev. Andy Bales, CEO, Union Rescue Mission, said: “We are grateful to partners like Hudson Pacific for addressing the crisis in homelessness in Los Angeles and helping individuals and families create a new path. This generous contribution will allow us to significantly expand our work and help save more lives.”
Since its inception, Hudson Pacific has been a conscientious steward of the communities in which it operates, working to transform and enhance neighborhoods through sustainable real estate development as well as charitable giving, service initiatives and volunteerism.
Natalie Teear, Vice President of Sustainability and Social Impact at Hudson Pacific, said: “Hudson Pacific is committed to being a part of the solution to the homelessness epidemic that so many of our major cities are facing. Being a responsible corporate citizen is part of who we are, and it is important to our employees, tenants, city partners and shareholders. 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.”
In addition to the Union Rescue Mission pledge, Hudson Pacific continues to support other homeless service organizations including: Safe Parking L.A., PATH in Los Angeles and San Jose; North Beach Citizens in San Francisco, Downtown Emergency Service Center (DESC) and Wellspring Family Services in Seattle; and Covenant House in Vancouver, among many others. The company also encourages employee giving by providing every employee with 32 hours of paid volunteer time-off annually and matching charitable contributions.
About Hudson Pacific Properties
Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the Russell 2000® and the Russell 3000® indices. For more information visit HudsonPacificProperties.com.
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