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, hdc advisory board members and hdc finance committee members are volunteers.”

“Compliance obligations associated with public and private financing programs designed to support affordable housing and facilities serving low-income communities. In its 24-year history, hdc's comprehensive development services program has worked with 58 mission-driven organizations on 174 developments in oregon and southwest washington. These projects have resulted in the development or preservation of 5,250 completed units and 264,282 completed square feet of community facility and commercial space. Hdc has an additional 1,008 units and 75,070 square feet of community facility space currently underway. Together these projects represent 939 million in total development costs.”

“Management services include property and portfolio assessments, property and portfolio repositioning, property transfers, year 15 exits, capital needs assessments and reserve analyses, systems development, and staff and board training.”

“Affordable housing and 57,000 square feet of service-facility space.”

“Program and policy development the purpose of hdc's program and policy development program is to increase the effectiveness and efficiency of affordable housing development, management, ownership, and delivery in oregon and washington. To this end, hdc partners with nonprofit and government organizations to provide technical analysis, research, policy reports, program administration, and advocacy support. Examples of this work include partnering with the city of portland bureau of planning and sustainability to produce the healthy housing handbook, an online guide that gives multifamily property owners practical tips and tools for creating healthier living environments for low-income residents; working with meyer memorial trust to implement sustaining portfolio strategies, an initiative that is enabling 19 affordable housing providers in oregon to receive hdc assistance with portfolio assessment, sustainability planning, and implementation over a 3 -year period ending in 2018; producing the housing preservation guide, a handbook for preserving and restructuring affordable housing, for the city of seattle; and performing a study of the capital needs of 649 affordable- housing projects financed with low-income housing tax credits in the state of washington for the department of commerce and washington state housing finance commission.”