Community Housing Development Corporation was founded by Greater Metropolitan Housing Corporation in 1991 to preserve the affordability of 168 units of government-subsidized, Section 8 housing units in Eden Prairie, Minnesota. CHDC continues to operate this property and many others as a long-term nonprofit owner.
For its first ten years, CHDC operated with a board of directors but no staff, contracting with consultants to perform development and asset management functions as needed. During that time, CHDC developed and assumed ownership of 23 properties, totaling 2,073 units of affordable housing.
The organization hired its first staff and established its office in downtown Minneapolis in 2004.
CHDC continues to maintain a streamlined organization to keep overhead costs low, which supports its long-term financial stability and allows it to select projects that best fulfill its mission.
CHDC’s origins as a vehicle to meet other organizations’ housing goals remains a hallmark of its reputation and has facilitated long-term partnerships with social service organizations seeking to expand housing options for the people they serve.
"My dad was ready to sell the Section-8 housing units he owned—it just got to be too much for him. We were glad to find CHDC. The staff was very professional and thorough and from our perspective it went really well. CHDC was just very nice to work with and we were really happy with the result."