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Island City Development Who We Are ISLAND CITY DEVELOPMENT ICD established in 2014 is a nonprofit public benefit corporation and housing developer focusing on providing decent safe and accessible affordable homes to working families seniors veterans and households of low income where no adequate housing exists. ICD with its partners and affiliates owns acquires develops provides finances rehabilitates and operates five properties to date. The actions and partnerships of Island City Development promote social welfare combat blight and deterioration work to eliminate discrimination and prejudice and seek to benefit renters within the City of Alameda. ICD partners with the Housing Authority of the City of Alameda to develop new affordable homes and execute major renovations of older properties.