Housing Development Center Inc
Housing Development Center Inc
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About this organization
Mission
The Mission Of Housing Development Center, Inc. (Hdc) Is To Strengthen Opportunities For Low-Income Families And Individuals By Developing, Preserving And Sustaining Affordable Housing And Community Facilities. Through Four Interrelated Programs We Strive To Improve The Lives Of Low- Income People, Strengthen The Property Portfolios And Balance Sheets Of Our Nonprofit Clients, And Advance Best Practices In Community Development.
About
HOUSING AND FACILITIES DEVELOPMENT THE HOUSING AND FACILITIES DEVELOPMENT PROGRAM (PREVIOUSLY NAMED THE COMPREHENSIVE DEVELOPMENT SERVICES PROGRAM) WORKS WITH MISSION-DRIVEN ORGANIZATIONS TO FINANCE, BUILD, AND RENOVATE AFFORDABLE HOUSING AND COMMUNITY FACILITIES THAT SERVE LOW-INCOME PEOPLE. HDC ASSISTS WITH THE DEVELOPMENT OF ALL TYPES OF AFFORDABLE HOUSING, INCLUDING MULTIFAMILY RENTAL, HOMEOWNERSHIP, AND MIXED-USE DEVELOPMENTS. HDC ALSO ASSISTS WITH THE DEVELOPMENT OF HEALTHCARE, CHILDCARE, AND OTHER SPECIALIZED SERVICE FACILITIES. HDCS DEVELOPMENT SERVICES SPAN ALL ASPECTS AND PHASES OF PROJECT DEVELOPMENT, FROM PLANNING AND PREDEVELOPMENT THROUGH FINANCIAL STRUCTURING AND CONSTRUCTION MANAGEMENT. HDC PROVIDES SPECIAL EXPERTISE IN ASSESSING AND MEETING COMPLIANCE OBLIGATIONS ASSOCIATED WITH PUBLIC AND PRIVATE FINANCING PROGRAMS DESIGNED TO SUPPORT AFFORDABLE HOUSING AND FACILITIES SERVING LOW-INCOME COMMUNITIES. IN ITS 26-YEAR HISTORY, HDCS HOUSING & FACILITIES DEVELOPMENT PROGRAM HAS WORKED WITH 60 MISSION DRIVEN ORGANIZATIONS ON OVER 180 DEVELOPMENTS IN OREGON AND SOUTHWEST WASHINGTON. THESE PROJECTS HAVE RESULTED IN THE DEVELOPMENT OR PRESERVATION OF MORE THAN 6,000 COMPLETED HOUSING UNITS AND 300,000 COMPLETED SQUARE FEET OF COMMUNITY FACILITY AND COMMERCIAL SPACE. HDC HAS AN ADDITIONAL 1,200+ HOUSING UNITS AND 14,000 SQUARE FEET OF COMMUNITY FACILITY SPACE CURRENTLY UNDERWAY. TOGETHER THESE PROJECTS REPRESENT OVER 1 BILLION IN TOTAL DEVELOPMENT COSTS.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “The mission of housing development center, inc. (hdc) is to strengthen opportunities for low-income families and individuals by developing, preserving and sustaining affordable housing and community facilities. through four interrelated programs we strive to improve the lives of low- income people, strengthen the property portfolios and balance sheets of our nonprofit clients, and advance best practices in community development.”.
When talking about its functions, they were outlined as: “The mission of housing development center, inc. (hdc) is to strengthen opportunities for low-income families and individuals by developing, preserving and sustaining affordable housing and community facilities. through four interrelated programs we strive to improve the lives of low- income people, strengthen the property portfolios and balance sheets of our nonprofit clients, and advance best practices in community development.”.
- The legally reported state of operation for the non-profit is OR.
- According to the filing, the non-profit's address in 2020 is 847 NE 19TH AVE STE 150, PORTLAND, OR, 97232.
- The non-profit organization as of 2020 has a total of 27 employees reported on their form.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $66,559.
- The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 7 independent voting members.
- The organization was formed in 1993.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $2,205,320 in salary, compensation, and benefits to its employees.
- The organization pays $59 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.
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