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Andrea K. Sanchez joins Housing Development Center as Director of Project Finance.
Thursday, March 02, 2017

Housing Development Center is pleased to announce the hire of Andrea K. Sanchez as director of project finance. Andrea will lead HDC’s work assembling and structuring financing for the development of affordable housing and community facilities serving low-income people. A member of HDC’s management team, Andrea will supervise a staff of five and provide direct services to HDC development clients, working closely with HDC’s construction management and asset management teams to provide property solutions that meet the long-term needs of HDC clients, their partners and the people they serve. 

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Isabella Court reaches completion, provides affordable homes for 47 low-income senior households!
Tuesday, February 07, 2017

Isabella Court, a new affordable housing community serving low-income seniors in Vancouver, will celebrate its grand opening this month. Housing Development Center managed construction and provided predevelopment financing for the REACH Community Development project, which completed construction in December. 

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HDC is hiring for the position of construction-finance project assistant.
Tuesday, December 27, 2016
Housing Development Center seeks qualified applicants for the position of construction/finance project assistant.  

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HDC Board of Directors names new executive director.
Tuesday, December 13, 2016

Today the board of directors of Housing Development Center (HDC) announced the selection of Joni Hartmann as HDC’s new executive director. Joni will begin her tenure as executive director on January 1, succeeding Robin Boyce, who is retiring at the end of December. Joni currently serves as HDC deputy director and as executive director of HDC Community Fund, HDC’s affiliated lending agency. 

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HDC endorses Measure 26-179 and urges you to vote Yes for Affordable Homes!
Tuesday, October 11, 2016
Yes for Affordable Homes 

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HDC Lenders Forum connects affordable housing sponsors with lenders and refinancing products. View photos.
Tuesday, October 04, 2016

Representatives of 21 affordable housing agencies gathered with lenders and HDC asset management and finance staff on September 14 to share information about property refinancing options and products. The half-day event, co-hosted by HUD at the Edith Green-Wendell Wyatt Federal Office Building in downtown Portland featured presentations, panel discussions and networking opportunities: 

“Debt 101” presentation by Joni Hartmann, HDC deputy director and HDC Community Fund executive director.

Panel discussion of loan and bond products, facilitated by Emily Schelling, HDC director of asset management and industry support.

“FHA Spotlight” presentation by Tom Azumbrado, HUD San Francisco multifamily hub director.

Panel discussion of industry trends, opportunities, challenges, and best practices, facilitated by Margaret Salazar, HUD Portland field office director, and featuring representatives of Wells Fargo, Beneficial State Bank, U.S. Bank, Walker & Dunlop and ACRE Capital.

Tabling time for housing sponsors to meet directly with lenders.

Thanks to HUD for hosting, and to all participants for sharing their knowledge, questions and insights!

View the photo gallery…

 

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HDC welcomes Jennifer Sharp to the Comprehensive Development Services team.
Tuesday, October 04, 2016

Housing Development Center is pleased to announce that Jennifer Sharp has joined our Comprehensive Development Services team. As senior construction project manager, Jennifer will provide construction and project management to meet the property development goals of HDC’s clients. Jennifer brings 20 years of experience in construction and project management, including seven years managing campus expansion projects at Portland State University (PSU), to her work at HDC. She has extensive expertise in areas such as public procurement compliance; green building practices; and use of integrated project delivery (IPD) models to manage large-scale collaboration.  

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Housing Development Center announces executive director search.
Friday, September 16, 2016

In anticipation of Housing Development Center (HDC) Executive Director Robin Boyce’s retirement, targeted for late this year, HDC is working with WVDO to identify qualified candidates for this critical executive leadership position.  

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Community celebrates grand reopening of REACH Community Development’s Bronaugh Apartments, historic downtown building serving very-low-income residents. View photos.
Thursday, August 11, 2016

Earlier we reported on Housing Development Center’s work assisting REACH Community Development with the renovation of the Bronaugh Apartments. The historic structure in downtown Portland is one of 11 rent-subsidized housing projects that the Portland Housing Bureau targeted in 2008 as being at risk of conversion to market-rate housing. REACH Community Development purchased it in 2013, and HDC worked with REACH, Walsh Construction and Carleton Hart Architecture to plan and manage a major renovation and seismic upgrade. 

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Kateri Park renovation will correct construction defects, preserve affordable homes for low-income immigrant families.
Tuesday, August 09, 2016

Caritas Housing Initiatives has closed funding and started renovations on Kateri Park. The 50-unit apartment building in inner Southeast Portland provides affordable homes to low-income households, 80% of which are immigrant refugee families, and includes 20 project-based Section 8 units serving very-low-income and extremely-low-income residents. 

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