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Housing Development Fund, Inc.

100 Prospect Street, Suite 101
Stamford, Connecticut 06901

Contact: Duane Felix,
Phone: 203-969-1830 ext. 25
Fax:
URL: www.hdf-ct.org
Email: dfelix@hdf-ct.org
Housing Development Fund, Inc.

The Housing Development Fund, Inc. was established in 1989 as a non-profit organization to finance the development of affordable housing. HDF currently has almost $22 million in assets, and encompasses programs for pre-development lending, acquisition, rehabilitation, and new construction. In addition to HDF's commercial financing, HDF operates various down payment assistance programs, which have helped hundreds of low-and moderate-income households achieve home ownership.

Story

Housing Development Fund, Inc.
Chris and Dawyna Carson and their 3 children were able to move out of public housing and into a recently purchased a 3-bedroom cooperative in Stamford with the assistance of the Stamford Housing Authority, the City of Stamford, and HDF’s Adopt-A-House Program (AAH). As first time homebuyers, they attended Homebuyer Education classes offered by AAH and also received one-on-one individual counseling, which includes a review of the applicant’s credit and debt, financial literacy training, and a step-by-step look at the process of purchasing a home. The Carsons got their first mortgage from the Bank of New York. Full Story

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