Joan Carty

President and CEO


100 Prospect Street, Suite 100
Stamford, CT 06901-1696

About Housing Development Fund

The Housing Development Fund, Inc was established in 1989 as a nonprofit organization to finance the development of affordable housing in Stamford, CT. With more than $120 million in funds under management, HDF encompasses programs for pre-development, acquisition, rehabilitation, and construction of affordable housing as well as down payment and closing cost assistance loans to low- and moderate-income families. Thanks to HDF, first time homebuyers become homeowners through free counseling and unique lending products, developers build affordable housing units with competitive financing, and homeowners are encouraged and supported through innovative programs.
HDF leverages private investment to make public subsidy dollars work harder to create affordable housing, offering lenders the opportunity to invest in the sustainable ownership of our communities. We work with state and local governments to develop innovative housing solutions and to identify qualified homebuyers for affordable housing and homebuyer assistance programs.
With offices in Stamford, Bridgeport, and Danbury, HDF provides lending and homeownership counseling services to the entire state of Connecticut as well as Nassau, Suffolk, Rockland, and Westchester counties in New York.
HDF is a HUD-Certified counseling and lending agency. We are certified by the US Treasury Department as a Community Development Financial Institution (CDFI), a Chartered Member of NeighborWorks America, a CARS rated agency, and a member of the Opportunity Finance Network and the Housing Partnership Network. HDF is an equal opportunity lender.

Community Programs

  • Housing and/or Financial Counseling
  • Other Community and Economic Development

Debt & Equity Investing

  • Commercial and/or Development Lending
  • Consumer Mortgage Lending