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Who We Are

Our Mission:

The Housing Development Fund, Inc. believes that all households and families should have the opportunity and access to affordable housing, and that affordable housing and economic diversity are beneficial to communities.

Our Vision:

HDF envisions a future where households in our service area have access to the benefits of stable, affordable housing of their choice located within reasonable commuting distance of employment.

Read What We Do

The Issues: All too often the urgency and importance of affordable housing as an issue is lost on the general public.

Over the last ten years, Connecticut’s average rent has grown six times faster than the average renter’s income. With income also dropping, a family with the state’s median income can’t afford to purchase the average home in the majority of Connecticut’s cities and towns, one of the most expensive housing markets in the country. With a core belief in the value of homeownership to both families and communities alike, HDF has set about working to promote sustainable homeownership for low- and moderate income families and individuals in our service area. You can put our work in context by learning more about the issues surrounding affordable housing:

Read more about The Issues


Our Origins:

The Housing Development Fund, Inc was established in 1989 as a nonprofit organization to finance the development of affordable housing. Since then, it has grown to a loan fund with over $120 million in funds under management that 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. Over 1,000 high-quality homes have been built with HDF financing, including senior housing, special needs housing and supportive housing. HDF has helped over 1,850 individuals and families purchase homes with $79 million in financing provided or administered by HDF that has, in turn, leveraged over $292 million in conventional first mortgage activity (as of 9/30/14). Find out more about our staff, board, and where we operate.





“If not for HDF, this experience of purchasing a home would not have happened at this time. The entire process was painless and fast.”– Lauren Mihaylo, new homeowner in Newtown, CT

“Love the process! Yes I would recommend to others. :)”– S.B., new homeowner in Brookfield, CT

Contact Us

Housing Development Fund, Inc.
100 Prospect Street, Suite 100
Stamford, CT 06901-1696
P 203.969.1830
F 203.323.8958
E info@hdf-ct.org