Affordable housing isn't charity. It's an investment in people - employees, parents, children, neighbors - without whom the state's whole economy would suffer. Strong markets and strong communities need a diverse mix of housing that low- and moderate-income people can afford. For over two decades, HDF has proven it can deliver housing solutions that work in Connecticut and New York - for families, for lenders, for developers, for neighborhoods. More than 1,000 high-quality homes have been built with HDF financing, and over 2,250 individuals and families have purchased homes with support from HDF. BACKGROUND The Housing Development Fund, Inc was established in 1989 as a nonprofit organization to finance the development of affordable housing. Today, with offices in Stamford, Bridgeport, and Danbury, HDF provides lending and homeownership counseling services. HDF’s service area includes the entire state of Connecticut as well as Nassau, Suffolk, Rockland, Putnam, and Westchester counties in New York and the five boroughs of New York City. With more than $120 million in funds under management, HDF encompasses programs for pre-development, acquisition, rehabilitation, and construction of affordable housing as well as down payment and closing cost assistance loans to low- and moderate-income families. AWARDS Certified Community Development Financial Institution (CDFI) // HUD-Certified Counseling and Lending Agency // NeighborWorks Charter Member // Housing Partnership Network Member Organization // Opportunity Finance Network Member // CARs-Rated AA+2