Housing Development Center Inc.

“Hdc executive or finance committee reviews and approves the 990 prior to its submission to the irs. A copy of the 990 is provided to all board members.”

“Hdc has a written conflict of interest policy, and each board member completes a conflict of interest questionnaire annually. Board member conflicts as they relate to board actions are recorded in meeting minutes.”

“Hdc executive committee reviews and sets the executive director's compensation. No persons with a conflict of interest are involved. The committee incorporates comparable compensation for the corresponding position at similar organizations in the area into its decision making process.”

“Staff salaries are set as part of the annual budget process, which is the responsibility of the finance committee. The committee incorporates comparable compensation for corresponding positions at similar organizations in the area into its decision making process.”

“Hdc makes the organization's governing documents, conflict of interest policy and financial statements available to the public at its offices upon request.”

“The mission of housing development center, inc. (hdc) is to strengthen opportunities for low-income families and individuals by developing, preserving and sustaining affordable housing and community facilities. Through four interrelated programs we strive to improve the lives of low- income people, strengthen the property portfolios and balance sheets of our nonprofit clients, and advance best practices in community development.”

“Board of director members and hdc advisory board members are volunteers.”

“Affordable housing and facilities serving low-income communities. In our 21-year history, housing development center's comprehensive development services program has served 67 nonprofit organizations and housing authorities in oregon and southwest washington. In 152 projects complete or underway, we have helped 49 organizations create or preserve 5,182 affordable housing units and 295,270 square feet of community facility space. Together these projects represent more than 587 million in development costs.”

“Asset management and oversight. Housing development center's asset management services include property and portfolio assessments, property and portfolio repositioning, property transfers and year 15 exits, capital needs assessments and reserve analyses, and staff and board training and systems development.”

“Square feet of service-facility space. They've helped leverage close to 125 million in additional financing for needed community projects.”

“Program and policy development the purpose of this program is to increase the effectiveness and efficiency of affordable housing development, management, ownership and delivery in oregon and washington. To this end, housing development center partners with nonprofit organizations and government organizations to provide technical analysis, research, policy reports, program administration, and advocacy support. Examples of this work include the healthy housing handbook, an online guide produced in partnership with the city of portland bureau of planning and sustainability, which gives multifamily property owners practical tips and tools for creating healthier living environments for low-income residents; the central city housing inventory, a survey of property owners we conducted for the city of portland to assist implementation of policy that assures preservation of downtown affordable housing; and the streamlining compliance initiative, which reduced redundant compliance and reporting obligations for affordable-housing project sponsors and funders in oregon at a cost savings of millions per year; and the housing preservation guide, a handbook for preserving and restructuring affordable housing that we developed for the city of seattle.”