Real Estate - San Jose, California, United States
Community Housing Developers, Inc. (CHD) is a private, tax-exempt nonprofit housing provider based in San Jose, at the heart of California's Silicon Valley.CHD was formed in 1979, and since its establishment, we have had a long record of achievement. Over our 40 years, we have developed 2,182 units and assisted more than 90,000 families throughout the Bay Area. The size and scope of CHD's properties are impressive and diverse; ranging from the quaint four-unit building at Fairview Apartments in Los Gatos, to the 43-unit complex at the Summerset Apartments in Santa Clara. Most of the projects target the needs of qualifying families, but many also serve seniors and individuals. The role of CHD is an important one in the context of the affordable housing crisis facing many Silicon Valley residents. Residential rental units are in short supply, with a less than one percent vacancy rate, and units that do become available are priced beyond the reach of many families. CHD is actively pursuing new projects, and currently is working on rehabbing our current sites. CHD is an expert in hard-to-finance projects and takes a creative approach in its efforts to bring more units on line.CHD has been expending considerable energy in working with neighbors, the surrounding community, and with many groups and organizations to move projects from inception to completion. Part of CHD's success lies in its expertise in political advocacy, its ability to maintain good community relations, and being able to work with many different groups and organizations to avoid public opposition against low-cost apartments and homes.CHD is dedicated to increasing and maintaining the supply of affordable housing for low- and moderate-income residents, and in the process, it has become one of the largest nonprofit developers in the San Francisco Bay region.