Housing Diversity Corporation

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Housing Diversity Corporation - overview

Established

2019

Location

Seattle, WA, US

Primary Industry

Real Estate Development & Operating Companies

About

Based in Washington, US, and founded in 2019, Housing Diversity Corporation, also known as HDC, is a non-profit organization that builds housing in urban areas. The company was founded by its CEO, Brad Padden. In March 2024, Housing Diversity Corporation raised USD 13. 6 million in venture funding from Arctaris Impact Investors.


Housing Diversity Corporation constructs and develops affordable housing, mainly well-designed homes in urban areas. HDC develops housing by acquiring land, financing it, and constructing energy-efficient apartment buildings. The company constructs houses for extremely low-income and voucher-subsidized households. The company plans to use the funds raised in March 2024 for the construction of the Liv DTLA housing project in Los Angeles, California.


Current Investors

Arctaris Impact Investors

Primary Industry

Real Estate Development & Operating Companies

Sub Industries

Construction, Real Estate Development & Operating Companies

Website

www.housingdiversity.com

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.