The bounded proper forcing axiom BPFA is the statement that for any family of ℵ 1 many maximal antichains of a proper forcing notion, each of size ℵ 1 , there is a directed set meeting all these antichains. A regular cardinal κ is called Σ 1 -reflecting, if for any regular cardinal χ, for all formulas $\varphi, "H(\chi) \models`\varphi'"$ implies " $\exists\delta . We investigate several algebraic consequences of BPFA, and we show that the consistency strength of the bounded (...) proper forcing axiom is exactly the existence of a Σ 1 -reflecting cardinal (which is less than the existence of a Mahlo cardinal). We also show that the question of the existence of isomorphisms between two structures can be reduced to the question of rigidity of a structure. (shrink)