What is Housing Development Alliance?
Operating as a cornerstone of community development in Eastern Kentucky, the Housing Development Alliance (HDA) specializes in the construction and rehabilitation of residential properties. With a legacy spanning over three decades, the organization provides essential services including disaster recovery assistance, housing counseling, and the development of affordable rental units. By focusing on the counties of Breathitt, Knott, Leslie, and Perry, HDA functions as a critical intermediary between philanthropic capital and tangible social impact, fostering economic stability through homeownership support and community-led redevelopment initiatives.
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
What's next for Housing Development Alliance?
With this recent infusion of capital, the Housing Development Alliance is positioned to scale its disaster recovery efforts and expand its housing inventory. The strategic deployment of these funds will likely focus on enhancing operational efficiency and broadening the scope of its financial pathways for families. As the organization moves into its next phase of growth, the emphasis will remain on strengthening community resilience and addressing the persistent housing shortages that affect the Appalachian region, ensuring that the Alliance remains a sustainable force for regional development.
See full Housing Development Alliance company page
