Housing Development Fund

Housing Development Fund (HDF) is a leading organization dedicated to creating and preserving affordable housing opportunities in Connecticut and New York. Since its inception in 1989, HDF has been committed to empowering families and individuals to achieve their dream of homeownership while fostering sustainable communities.

Our Mission

HDF's mission is to facilitate the development of affordable rental and homeownership opportunities for low- and moderate-income households. We believe that everyone deserves access to safe, stable, and affordable housing.

Our Services

HDF offers a comprehensive range of programs and services designed to address the diverse needs of our community members. Our offerings encompass the entire homeownership journey, from education and counseling to financing and post-purchase support. We also provide innovative financing solutions to developers who are committed to building and preserving affordable housing units.

First-Time Homebuyer Support

HDF recognizes that purchasing a home can be a complex and daunting process, especially for first-time buyers. To empower aspiring homeowners, we provide a robust array of first-time homebuyer education workshops and counseling services. Our experienced team of HUD-certified counselors guides individuals through every step of the process, from understanding credit scores and budgeting to navigating mortgage options and closing procedures. We offer downpayment assistance programs to help bridge the financial gap and make homeownership more accessible.

Developer Partnerships

HDF actively collaborates with developers to create new affordable housing opportunities. We understand the importance of leveraging private investment to create sustainable and impactful solutions. We offer competitive financing options tailored to the specific needs of affordable housing projects, ensuring that developers have the resources they need to bring their vision to life.

Residential Lending

HDF acts as a responsible and committed lender, providing a variety of mortgage products specifically designed for affordable housing. We believe that sustainable financing is essential to promoting homeownership within our communities. Our loan programs cater to the unique needs of first-time buyers, offering flexible terms and competitive interest rates.

Multifamily Rental Housing

HDF is dedicated to increasing the supply of affordable rental housing units. We recognize the critical need for safe, high-quality rental options for low- and moderate-income families. Through strategic financing and partnerships, HDF supports the development and preservation of multifamily rental properties, providing stable and affordable housing solutions for those who need it most.

Commitment to Innovation and Advocacy

HDF is a driving force in advocating for policies that promote affordable housing and diverse communities. We actively engage with policymakers and community partners to identify innovative solutions to the complex challenges facing our housing system.

HDF's reputation for excellence is built on our unwavering commitment to our mission, our collaborative approach, and our steadfast dedication to creating a more equitable and vibrant future for all.