Housing Development Corporations

Housing Development Corporations (HDCs) are government or private entities established to facilitate the development and management of housing projects, particularly affordable housing. Their primary goal is to address housing shortages and improve living standards by planning, financing, and constructing residential buildings. HDCs often collaborate with local governments, private developers, and community organizations to create sustainable and accessible housing solutions. By providing affordable options, they aim to promote community development, support low-income families, and contribute to urban growth while ensuring that housing is equitable and within reach for a broader segment of the population.