Housing Opportunity Development Corporation

Housing Opportunity Development Corporation

2001 Waukegan Road PO Box 480 Techny, 60082

Please share your mission. 

HODC’s mission is to develop, manage and preserve housing that is affordable to low- and moderate-income people throughout the northern suburbs.

Describe how your organization lives/realizes its mission. 

HODC fulfills our mission by going out and creating affordable housing itself by finding properties, obtaining financing, and getting units built. We then partner with service agencies that link us with clients. While other affordable housing developers seek build their real estate portfolio while HODC has given away some completed units for free to partner nonprofit agencies who would otherwise not have access to decent housing or would spend their limited resources learning how to develop housing. HODC charges the lowest rents needed to cover building operating costs and is one of the few nonprofits in Chicagoland working exclusively in the suburbs to improve the lives of low income households.