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05-26-2020 JOINT FINANCE COMMITTEE PACKET
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05-26-2020 JOINT FINANCE COMMITTEE PACKET
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4/27/2021 10:16:04 AM
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5/26/2020
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ABOUT CHDC <br />Community Housing Development Corporation's (CHDC) mission is to sustain high-quality and affordable homes, to <br />enhance the community over the long term, and to create and maintain healthy living. <br />CHDC takes a unique, businesslike approach to affordable housing by keeping overhead costs small and structuring <br />its properties and operations to be financially self-sustaining over the long term. <br />CHDC, founded in 1991, has provided stability to Minnesota residents and communities for more than 25 years as a <br />nonprofit developer and owner. CHDC owns more than 3,500 affordable housing units. More than half of its units are <br />Section 8 and approximately 2,000 are LIHTC.
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