San Francisco Housing Development Corporation
SFHDC was established in 1988 in response to the steady displacement of minorities, particularly African Americans, in San Francisco, largely due to gentrification and escalating housing costs. Since its inception, SFHDC’s mission has been to foster stability in the city’s minority communities, primarily focusing on the Southeast Neighborhoods, through the development of affordable housing and facilitation of homeownership.
More recently, SFHDC has expanded its scope to support the economic revitalization of Third Street Corridor, and other urban minority neighborhoods located in the greater Bay Area. SFHDC’s goal is to create thriving, self-sustainable communities and increase family assets through affordable homeownership. SFHDC is a community-based nonprofit corporation and a HUD-approved local housing counseling agency. Since 1988, SFHDC has offered homeownership services, which now include pre-purchase education and counseling, financial education and foreclosure intervention counseling.
SFHDC's Financial Empowerment Center:
The FEC's mission is create well-informed and empowered consumers and default-resistant homeowners. They are a HUD certified Local Housing Counseling Agency that provides comprehensive and integrated no-nonsense financial education, counseling and coaching. The FEC helps individuals and families take back control over their financial future through purposeful planning and corrective action, one day at a time.
The Financial Empowerment Center offers several monthly educational workshops including: Homebuyer Education, Credit Matters I and II, Rental Readiness, a new 7-week Financial Empowerment Boot Camp, and new for 2016, “Cover Your Assets”, a monthly workshop which takes a deeper dive into asset protection and wealth building tools & strategies including insurance, taxes, the pros/cons of starting & running a business, entrepreneurial basics, becoming a landlord, investing, retirement and more. Individual financial counseling and coaching is available on a short or long term basis to help individuals and families achieve their financial goals."