Lutheran Housing Development Fund Corporation

The Lutheran Housing Development Fund Corporation is a nonprofit organization dedicated to providing affordable housing, particularly focusing on low-income seniors and disabled individuals. The organization's structure and operations are part of a broader network that includes connections to communities like Concord Village and affiliations with entities such as The Lutheran Care Network.

Mission and Objectives

The primary mission of the Lutheran Housing Development Fund Corporation is to develop and manage affordable housing projects, ensuring that vulnerable populations, such as the elderly and those with disabilities, have access to dignified living conditions. This aligns with broader initiatives to address housing affordability and accessibility challenges faced by these groups.

Operations and Funding

The corporation operates within the framework of nonprofit housing development, often relying on grants, contributions, and program services to fund its activities. Financial information indicates that the organization derives significant revenue from program services, which are crucial in supporting its housing initiatives.

Affiliated Communities

While specific details about the Lutheran Housing Development Fund Corporation's involvement at Concord Village are limited, it is known that similar organizations often participate in developing communities that provide supportive environments for seniors and disabled individuals. For example, Castle Court at Concord Village is a nearby facility that offers housing for the elderly, albeit it is not explicitly confirmed if this is directly managed by the Lutheran Housing Development Fund Corporation.

Leadership and Governance

The leadership of the Lutheran Housing Development Fund Corporation includes key personnel who oversee financial, operational, and strategic aspects of the organization. Details about specific leadership positions and roles are generally available through public records and filings.

Challenges and Impact

Nonprofit organizations like the Lutheran Housing Development Fund Corporation face challenges in securing funding and balancing the demand for affordable housing with available resources. Despite these challenges, such organizations play a critical role in addressing housing needs for vulnerable populations, contributing to more equitable and supportive community environments.