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Housing Diversity Corp.’s Downtown L.A. Micro-Units Land Another $34M

by Adina Eaton | Mar 20, 2024

Housing Diversity Corporation (HDC) has secured more financing for its growing portfolio of affordable housing micro-units in the South Park neighborhood of Downtown Los Angeles, Commercial Observer has learned. The firm announced a $34.2 million loan package for its...

Housing Diversity Corp. Secures $67M for L.A. Affordable Housing Project

by Adina Eaton | Mar 1, 2024

The capital stack includes $35 million from United Way for the South Park ‘micro-housing’ development Housing Diversity Corporation (HDC) has landed more funding for a nearly finished affordable housing project near Downtown Los Angeles. The company announced it...

Housing Diversity Corp. Plans Third Micro-Housing Project in LA

by Adina Eaton | Dec 24, 2020

The development would add 230 units in a federally designated opportunity zone BY GREG CORNFIELD With no end in sight to Los Angeles’ affordability crisis, Housing Diversity Corporation is again expanding its micro-housing strategy, Commercial Observer has learned....

LA Approves 151 Micro-Apartments for Downtown

by Adina Eaton | Sep 8, 2020

Seattle Developer Plans 151 Micro-Units In DTLA Opportunity Zone

by Adina Eaton | Dec 24, 2019

About Housing Diversity

Housing Diversity Corporation (HDC) is a leading impact investment fund manager and real estate developer pioneering innovative housing solutions. We create high-quality housing across the affordability spectrum (0-120% AMI) through multiple approaches, with a growing focus on tax-exempt bond structures and municipal master leasing partnerships. Our strategic collaborations with Enterprise Community Partners, United Way of Greater Los Angeles, Amazon Housing Equity Fund, and LAHSA have produced nearly 3,000 units, including 374 homes for people experiencing homelessness. Founded by Brad Padden, HDC strategically locates developments near transit, employment, and amenities (94 average Walk Score), creating communities that foster economic diversity and social cohesion. With projects in Seattle and Los Angeles, we’re adding a new leg to the stool of affordability—creating essential housing for residents, municipalities, employers, and communities.

Mailing Address

Housing Diversity Corporation
600 1st Ave Suite 330
PMB 58151
Seattle, WA 98104

Office Address

Housing Diversity Corporation
500 Broadway
Seattle, WA 98122

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