CLIENTS - PAST & PRESENT

HDF has provided multifamily financing to a variety of for-profit and not-for profit organizations over the years. The list below outlines some of the various loans HDF has made over the years to a diverse population of borrowers.

New Neighborhoods, Inc.
NNI is a Community Development Corporation founded in 1967 with the mission of providing affordable housing as well as to promote neighborhood revitalization in the City of Stamford. Since it’s founding, NNI has developed over 315 units of rental and owner-occupied affordable housing. HDF has worked with NNI on a variety of projects that have included acquisition financing, predevelopment financing, and permanent financing.

Mutual Housing of Southwestern Connecticut
MHA is a nonprofit housing development corporation founded in 1990 by a resident led public/private partnership of lenders, national housing organizations, area corporations, foundations, and government agencies for the purpose of developing and managing safe, quality, permanent affordable housing for low- and moderate-income individuals in Fairfield County. Since inception, MHA has developed 208 affordable housing units and currently has over 180 units under development, representing $40 million in community investment. HDF has provided bridge financing to Mutual Housing.

Human Services Council
HSC is a non-profit community-planning agency located in Norwalk, CT whose mission is to help the community recognize its human needs and to initiate programs to meet those needs. HDF has provided predevelopment financing to their organization for a major rental/homeownership development with a supportive housing component in Norwalk, CT.

Raymond Brown Associates
Raymond Brown is a for-profit developer of affordable housing that HDF has provided rehabilitation and permanent financing to. Knight & Grabowski Development Company K&G is a for-profit developer of affordable housing that HDF has provided rehabilitation and permanent financing to.

Norwalk Emergency Shelter
The only emergency shelter in Norwalk, the facility has 95 beds and has been at full capacity or beyond since summer 2001. The Shelter has started a Transitional and Permanent Housing Program, and HDF is helping them purchase single and multifamily homes in the vicinity in order to provide housing under these programs.

Alderhouse Residential Communities
Alderhouse is a non-profit organization formed in 1994 to address the growing demand for decent, affordable housing in Connecticut. HDF is providing them with predevelopment financing for a major affordable housing development with a supportive housing component.

CTE, Inc.
CTE is a non-profit organization that helps to counter basic causes of poverty in the Stamford, Darien and Greenwich communities by making available services and activities which help reduce the physical, economic and psychological barriers to self-sufficiency for low income individuals, families and communities, giving them the ability to rise out of poverty. HDF has provided permanent financing to CTE for the purchase of rehabilitation centers in Stamford.