BMC LLC: For The People

The Housing Crisis We Cannot Ignore

In Bridgeport today, over 3,000 hardworking individuals and families languish on waitlists for affordable housing. These aren't just numbers—they're healthcare workers pulling double shifts at Bridgeport Hospital, teachers shaping our children's futures, retail employees keeping our local economy moving, and public service workers maintaining our city's infrastructure.

These essential workers—the backbone of our community—face an impossible choice: spend upwards of 50% of their income on housing, endure hours-long commutes from areas with lower costs of living, or leave Bridgeport entirely. Their struggle reveals a profound market failure that threatens the very fabric of our community.

Who Are The 3,000+?

The faces behind this waitlist number tell the real story:

• The nursing assistant making $42,000 annually who can't find an apartment costing less than $1,600/month
• The young family with both parents working full-time but still unable to save for homeownership
• The retired municipal worker living on a fixed income while rents continue rising
• The single parent working two jobs while trying to stay in their child's school district

These 3,000+ individuals and families represent Bridgeport's present and future. Without stable, affordable housing, we risk losing not just residents but the essential workforce that keeps our city functioning.

BMC LLC: Created By The People, For The People

BMC LLC was born from a simple yet powerful idea: that the people of Bridgeport can and should lead the solution to our housing crisis. Unlike outside developers who extract wealth from our community, we are neighbors investing in neighbors.

Our founding principle remains unchanged: community-driven development that keeps housing affordable for the workforce that sustains Bridgeport. This isn't charity—it's a recognition that true community prosperity requires housing stability for all.

A Different Approach to Development

What sets BMC LLC apart is our people-first model:

• Community Ownership: We create investment opportunities for local residents at all income levels, ensuring wealth generated stays in Bridgeport
• Permanent Affordability: We structure our developments to remain affordable long-term, not just during initial tax credit periods
• Holistic Development: We build more than housing—we create communities with access to resources, transportation, and economic opportunity
• Transparency: We share real numbers, real impacts, and real challenges with our community partners

Our approach addresses not just the symptoms of the housing crisis but its root causes: speculation, gentrification, and disconnected development.

The Human Impact of Affordable Housing

When a family moves off that waitlist and into stable, affordable housing, the effects ripple throughout our community:

• Children perform better in school with reduced mobility and stress
• Workers can build savings and eventually pursue homeownership
• Local businesses benefit from employees with more disposable income
• Healthcare costs decrease as housing-related stress and instability decline
• Community engagement increases as residents put down roots

Each of our apartments represents a family's chance at stability, a business's retention of valuable employees, and our city's step toward sustainable growth.

Why 3,000+ Matters to All of Us

The 3,000+ people waiting for affordable housing in Bridgeport aren't someone else's problem—they're our collective responsibility. When our essential workers can't afford to live here, we all feel the impacts:

• Longer wait times for emergency services
• Higher turnover in schools and healthcare facilities
• Increased traffic as workers commute from distant locations
• Loss of community cohesion and institutional knowledge
• Reduced tax base and local spending

Put simply: Bridgeport cannot thrive while 3,000+ of our neighbors struggle to find housing they can afford.

BMC LLC's Commitment

We commit to addressing this crisis head-on by:

1. Creating a sustainable model that can be replicated across Bridgeport
2. Advocating for policies that prioritize affordable housing development
3. Building community wealth through shared ownership opportunities
4. Measuring our success by waitlist reduction, not just profit margins

Join The Movement

The 3,000+ neighbors waiting for affordable housing need more than promises—they need action. BMC LLC invites you to be part of the solution:

• Invest in our developments and create community wealth
• Support zoning reforms that enable affordable housing
• Volunteer skills to help our projects succeed
• Share the stories of those affected by the housing crisis
• Hold us accountable to our mission

Together, we can transform Bridgeport's housing landscape from crisis to opportunity. When we say BMC LLC is "for the people," we mean all people—especially the 3,000+ waiting for a place to call home.

Because housing isn't just about buildings—it's about people. And at BMC LLC, people always come first.