San Francisco Housing Development Corporation
Organization and Program Overview
San Francisco Housing Development Corporation (SFHDC) is a community-based, non-profit corporation founded in 1988 by civic and community leaders in both the Western Addition and the Bayview Hunters Point neighborhoods. SFHDC was established to prevent the steady displacement of minorities, particularly African Americans, from these areas due largely to gentrification and escalating housing costs. Since its inception, SFHDC’s mission has been to foster stability in the city’s minority communities through the development of affordable housing and the facilitation of home ownership.
SFHDC’s programs are designed to further our mission, and organized around four major areas of activity:
- Affordable Housing – SFHDC’s central focus is affordable housing. We offer the following programs and services to help low and moderate income families increase the quality of their lives by building assets through homeownership and home maintenance.
- Affordable Housing and Mixed-Use Development- SFHDC project management team partners with private and public developers to construct affordable for-sale homes, rental, owner-occupied or special needs housing developments to prevent the displacement of low and moderate income families from the city of
San Francisco – the nation’s highest housing market.
- Housing Counseling- SFHDC’s Housing Counseling Program originated in 1988 with funding provided by the San Francisco Redevelopment Agency. Today, our HUD Certified Housing Counseling Program expanded its funding sources, and recently opened a
Homeownership Center on October of 2006, offering nationally standardized workshops and one-on-one counseling session designed to increase homeownership for minorities living in San Francisco. A professional, bi-lingual staff provides advise and guidance to low and moderate income families seeking to transition from renters to homeowners or remain homeowners. The center serves to helping evaluate a person’s readiness to purchase a home, understand their financial situation and down-payment options, and government subsidies, and navigate through the difficult process to homeownership. Furthermore, financial literacy classes help the neediest and most credit challenged clients reenter the financial mainstream, overcoming obstacles that prevent them from building assets. For example, SFHDC will soon offer an innovative and unique financial literacy program to Bayview Hunters Point public housing residents in conjunction with the city. A post-purchasing program was established to provide counseling and resources to existing homeowners to help them maintain their homes, prevent foreclosure, refinancing and investment strategies to ensure financial stability by generating equity and building wealth. Moreover, this fiscal year, SFHDC plans to increase the capacity of its Housing Counseling Program through the use of technology by developing and marketing an interactive-website which will allow people to take classes on-line. This will make our program more efficient and effective at increasing homeownership for minorities and low and moderate income families.
- Community Housing Rehabilitation Program- SFHDC serves as a facilitating agency for the city’s rehabilitation program designed to help correct housing code violations in the homes of families, primarily seniors, living on a fixed income with the use of a low-interest, deferred loan product and construction management services.
Economic Development – More recently, SFHDC has expanded its scope to include the economic revitalization with the goal of creating and attracting quality neighborhood-serving retail to depressed areas.
Main Office & Homeownership Center
4439 Third Street
San Francisco, CA 94124
Phone: 415.822.1022
Fax: 415.822.1077
Email: info@sfhdc.org
Website: www.sfhdc.org
