Mission

HODC’s mission is to develop, manage, and preserve the stock of housing that is affordable to low and moderate income households primarily throughout Chicago’s northern suburbs.

Vision

HODC’s vision is that everyone has access to a home they can afford in a community of their choice.

Stable Housing Matters Infographic

Housing Opportunity Development Corporation (HODC) is a community-based nonprofit developer of affordable housing founded in 1983.

Founded by local community leaders who were inspired by Martin Luther King Jr’s impact on fair housing, HODC works primarily in Chicago’s northern suburbs where affordable housing options remain scarce.

HODC’s affordable housing:

  • keeps seniors in the towns they know and love,
  • provides safe housing for families,
  • helps house workers for local employers, and
  • creates culturally rich communities.

HODC is a Community Housing Development Organization (CHDO) as well as a HUD-certified housing counseling agency that serves in north suburban Cook, Lake and McHenry Counties.

To date, HODC has completed 31 affordable housing projects with over 560 units and manages 409 affordable apartments with more developments in the pipeline.

Programs

HODC works to provide safe and affordable housing in areas where affordable housing options remain scarce. We strive to achieve our mission through four primary programs.

Can you imagine spending half of your income on housing? What cuts to your spending would you have to make?

The standard in the United States is to spend 30% or less on housing costs but many people are spending more than 50% of their income on housing. Many of our tenants have a steady income but it is just not enough to pay for 50% or more for housing AND provide for all of life’s necessities, such as food, medicine, and transportation.