What is Hispanic Housing Development?
Hispanic Housing Development Corporation (HHDC) is a prominent community development organization dedicated to creating affordable housing and revitalizing neighborhoods within Latino communities across the Midwest. Established in 1975, HHDC has a proven track record, having developed or improved over 4,600 homes, apartments, and condos. Its mission extends beyond housing to foster economic prosperity and enhance the quality of life for residents through comprehensive services including property management and workforce development. HHDC's efforts are concentrated in key areas such as Chicago, Indiana, Michigan, and Wisconsin, where it serves as a catalyst for socio-economic advancement and cultural preservation.
How much funding has Hispanic Housing Development raised?
Hispanic Housing Development has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Hispanic Housing Development
PPP
Public-Private Partnership
What's next for Hispanic Housing Development?
With the recent major strategic investment, HHDC is poised to expand its impactful work in affordable housing and community revitalization. This capital infusion is expected to fuel further development projects, enhance existing properties, and potentially broaden the scope of its workforce development programs. The organization's focus on serving Latino communities in the Midwest positions it for continued growth and influence in addressing critical socio-economic needs.
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