HDC Mission
To improve the environment for efficient and substantial non-profit initiatives which promote the long-term availability of affordable housing for low-income persons by, but not limited to, (1) improving operations and enhancing the production capacity of nonprofit developers; (2) raising funds and developing equity to support housing initiatives; and (3) education of non-profit developers and the public.
Improving the Environment for Affordable Housing Development
In 1988, Housing Development Consortium started with 10 nonprofit members and a vision. Today, membership in this nonprofit trade association encompasses the most experienced nonprofit housing developers in the Puget Sound region, plus financial institutions, private sector firms, architects, contractors, attorneys, accountants, and others concerned with affordable housing including the local housing authorities and government agencies.
HDC's members fill a critical niche by providing housing for those who simply do not earn enough to afford the ever-increasing rents and home prices fueled by the region's economy. As King County's median income rises, those at the lower levels are squeezed out, leaving the most vulnerable without a safe, decent place to call home.
HDC enables nonprofit developers and others to work collaboratively on ways to increase affordable housing. It offers members technical and policy expertise, public awareness and education programs, media relations assistance and sponsors events that raise the profile of affordable housing and who it serves. HDC facilitates ways for members to establish comprehensive strategies that promote and preserve affordable rental housing and expand homeownership opportunities.
View the current HDC Annual Report.
Spotlight
Section 8 Cuts require action
Proposed federal cuts could leave a projected 1,755 families without housing in Washington State this year alone.
Project Opening
CPC’s recently-opened Albion Place.
Community Psychiatric Clinic (CPC) provides a continuum of housing, from supervised residential facilities to semi-independent housing to permanent independent housing.
Did you know?
Last year nonprofit housing development in King County generated $77 million in local income, 1300 jobs and $9 million in tax revenue.
