Housing Diversity Corporation
  • Developments
  • Impact
  • Team
  • Press
  • About
  • Contact
Select Page

From service station to workforce housing — New development in CID hints at long-term affordability

by Adina Eaton | Jul 7, 2023

Standing in front of a brick wall with rubble strewn behind him, Brad Padden kicked off construction of a project that he hopes will transform the Chinatown-International District (CID). “I’m honored to be here and to be accepted into the community to bring a brighter...

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.

Contact Us

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

Subscribe


®2025 | Housing Diversity Corporation