The Monterey County Housing Authority Development Corporation (HDC), a 501(c)(3) public benefit corporation, provides development consulting services to housing authorities and affordable housing developers.
The Housing Development Corporation Monterey works to bring affordable housing to the Central Coast. Our properties serve different communities including seniors, families, farm workers, those with disabilities, along with other constituencies.
Are you a housing development entity that is looking to begin on a new or large project? The Monterey County Housing Development Consulting Corporation (HDC), provides development consulting services to housing authorities and affordable housing developers.
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LIMIT FUTURE RISKS
What is a Housing Development Corporation?
A Housing Development Corporation is a 501 (c)(3). HDC Monterey is a nonprofit that builds affordable housing by bringing together developers, grants, and investors, it is not a governmental agency.
Is HDC Monterey The Housing Authority?
No, we are not The Housing Authority of Monterey County. HDC Monterey Works closely with the Housing Authority but we are separate. HDC Monterey builds new affordable housing and renovates existing affordable housing.
Why isn’t HDC Monterey a part of the Housing Authority?
Around the country, Housing Development Corporations work hand-in-hand with Housing Authorities. They are independent as it allows the flexibility to more efficiently produce affordable housing.
Why isn’t there enough affordable housing in Monterey County
The lack of affordable housing within our country is an epidemic and is especially acute in California and Monterey County. Long-term solutions need to come from national, state, and local governments to address the severe housing shortages.