Housing Development Center Inc

Asset managementhdc's asset management team guides clients through the challenges of owning and managing affordable housing and community facilities over the long term. Hdc provides technical assistance and training to nonprofit organizations, housing authorities, and government entities. Hdc has helped project owners across oregon to preserve and improve the viability of tens of thousands of units of affordable housing, as well as to implement ongoing systems for effective asset management and oversight. Hdc's asset management services include property and portfolio assessments, property and portfolio repositioning, property transfers, year 15 exits, capital needs assessments, reserve analyses, systems development, and staff and board training.

Hdc community fund. Llc hdc's wholly owned subsidiary, hdc community fund, llc (hdc community fund), was formed in august 2009. A certified community development financial institution (cdfi), hdc community fund provides loans to support the development and preservation of affordable housing and community facilities serving people with lower incomes. Hdc community fund's flexible, low-interest loans address needs that conventional lending programs don't. The loans target early project costs, such as feasibility assessment, land acquisition, and predevelopment, and they bridge short-term gaps in construction financing. Totaling $9.98 million to date, hdc community fund loans have supported the creation or preservation of 1,663 units of affordable housing and 57,085 square feet of service-facility space.