2011 Annual Report - HDF: Housing Development Fund, Inc.

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OCTOBER2010 BRIDGEPORT BUS TOUR Bridgeport Mayor Bill Finch and HDF Board Chair John March of Citibank stroll past the Bijou Square development.
(ABOvE) Tour attendees gather in 480 Jewett Avenue, one of the properties renovated by HDF under the Bridgeport Neighborhood Stabilization Program (Right) laura Sparks from Citi Community Development, admires the interior of another NSP property. “HDF is proud of its investment and impact in the Bridgeport community.” bus tour: investing in bridgeport ON OCTOBER 15, 2010, the Housing Development Fund hosted the “Investing in Bridgeport” bus tour, offering some of our close friends and community partners a chance to see firsthand and learn about our work and impact in Bridgeport, CT. The event showcased homes newly renovated by HDF under the Neighborhood Stabilization Program (see page 18) and featured a tour of the HDFfinanced Bijou Square development (see page 10) at the heart of the city. Bridgeport Mayor Bill Finch was in attendance, along with HDF’s Board of Directors and our lending and foundation partners. Through our residential counseling and lending, and multi-family technical assistance and lending, HDF is responsible for $58 million in investment to Bridgeport as of October 2010. These funds created 216 homeowners of affordable properties and an additional 182 affordable rental apartments throughout the city’s neighborhoods. In addition to creating affordable opportunities, we have counseled over 300 Bridgeport families towards keeping their homes amidst the current foreclosure crisis. The Neighborhood Stabilization Program was administered out of HDF’s Bridgeport office, which also holds foreclosure clinics, first-time homebuyer orientations, and one-on-one counseling sessions. hdf ANNUAL REPORT 2011 21
Page 2 and 3: 2011 ANNUAL REPORT BOARD OF DIRECTO
Page 4 and 5: Foreclosure Prevention Forum Repres
Page 6 and 7: 302 families counseled by HDF this
Page 8 and 9: [ today: ] Families are uncertain a
Page 10 and 11: CREATIVE HOUSING SOLUTIONS In some
Page 12 and 13: [ today: ] The current financial cr
Page 14 and 15: THE HDF SMARTMOVE DOWNPAYMENT ASSIS
Page 16 and 17: [ today: ] Foreclosure continues to
Page 18 and 19: ARRIVING HOME HDF recently complete
Page 22 and 23: Celebrating the year’s successes
Page 24 and 25: Financial Summary 2011 ANNUAL REPOR
Page 26 and 27: STAFF Joan Carty president and chie

2011 Annual Report - HDF: Housing Development Fund, Inc.

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