Mission

San Francisco Housing Development Corporation (SFHDC) is a community-based, non-profit organization focused on reversing gentrification in minority communities. It was founded in 1988 by civic and community leaders from Western Addition and Bayview Hunters Point. The mission of SFHDC is to foster financial stability through the development of affordable housing and the facilitation of home ownership. More recently, the organization has expanded its focus to include the economic revitalization of the Third Street Corridor in Bayview Hunter’s Point and other neighborhoods in Southeast San Francisco.

Recent Achievements

  • • SFHDC has developed affordable housing units valued at over $70 million, ranging from rentals to for-sale homes, and special needs housing in underserved communities
  • In 1-year SFHDC raised $2.1 million dollars towards our equity fund, which was established to help revitalize distressed low income neighborhoods such as the 3rd Street Corridor in the Bayview
  • In 2009, we completed the construction of 18 new homes priced as low as $140,000
  • For two years we served as a faciliting agency for the City's Community Housing Rehabilitation Program helping low income single family homeowners correct housing code violations, secured $1,103,000 in fixed-interest, deferred loans for these clients.
  • SFHDC served as a facilitating agency for the City's Community Housing Rehabilitation Program to help seniors on a fixed income correct housing code violations
  • Each year, our trained and certified pre-purchase counselors conduct 700-800 counseling sessions to LMI people
  • In 3 years, SFHDC has created approximately 200 first-time homeowners while at the same time creating hundreds of mortgage-ready clients
  • In October 2006, the SFHDC Homeownership Center was opened in the heart of San Francisco's Bayview Hunters Point
  • SFHDC clients originates over $10,000,000 in mortgage loans per year with the assistance of our housing counseling program
  • SFHDC's HUD certified housing counseling program meets national industry housing counseling standards
  • SFHDC also serves the community by offering a financial literacy program to help people reenter the financial mainstream

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