What is Housing Development Alliance?
The Housing Development Alliance is a nonprofit entity focused on building and repairing homes, providing disaster recovery assistance, and establishing financial pathways for families across Breathitt, Knott, Leslie, and Perry counties in Eastern Kentucky. Their comprehensive services encompass homeownership support, housing counseling, the development of affordable rental properties, and broader community redevelopment efforts. With a legacy spanning over three decades, HDA actively involves volunteers in its hands-on projects, fostering community engagement and long-term stability for families impacted by disasters.
How much funding has Housing Development Alliance raised?
Housing Development Alliance has raised a total of $435K across 2 funding rounds:
Debt
$150K
Debt
$285K
Debt (2020): $150K with participation from PPP
Debt (2021): $285K led by PPP
Key Investors in Housing Development Alliance
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Housing Development Alliance?
With the recent strategic investment and substantial total funding, the Housing Development Alliance is poised to amplify its impact. This capital will likely fuel the expansion of its home repair and new construction programs, enhance its disaster recovery capabilities, and potentially broaden its reach to assist more families in achieving homeownership and financial stability. The organization's focus on community redevelopment and volunteer engagement suggests a strategic approach to sustainable growth and resilience-building in the region.
See full Housing Development Alliance company page
