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    3. Boston Road Hdfc Inc Housing Development Fund Company

    Boston Road Hdfc Inc Housing Development Fund Company

    ActiveHousing & Shelter
    NEW YORK, NY2125630310EIN: 13-27314431 filings on record

    About Boston Road Hdfc Inc Housing Development Fund Company

    This foundation is narrowly focused on affordable housing and community redevelopment, directing large-scale, project-specific capital to housing development initiatives. Its single recorded grant funded a redevelopment fund to further support affordable housing, indicating a mission-driven emphasis on preserving or expanding affordable stock in its local area.

    Focus Areas

    Affordable housing development and preservation (HDFC/Housing redevelopment funds)Capital support for community-led redevelopment projectsLocal New York City neighborhood housing initiatives

    Who They Fund

    low-income familiesBronx residentshouseholds seeking affordable rental housing

    Giving Approach

    Highly concentrated: a single, large grant to a housing redevelopment fund rather than many small awards; appears to fund project-specific capital needs (one-off or occasional major investments) rather than broad programmatic support or many repeat grantees.

    Funding Style

    direct service

    Financial Snapshot

    Annual Giving

    $1.3M

    Total Assets

    $8M

    Total Revenue

    $2.9M

    Total Expenses

    $4.5M

    Typical Grant Size

    Most grants fall between $1.3M and $1.3M, with a median of $1.3M.

    25th Percentile

    $1.3M

    Median

    $1.3M

    75th Percentile

    $1.3M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in NY.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    PAUL MOORE

    Deep Analysis

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    Privacy PolicyTerms of ServiceSystem Status
    place-based funding
    capital development / project funding
    targeted, outcome-specific grantmaking

    Notable grantees: CENDEVCO II REDEVELOPMENT FUND INC

    Topics

    affordable multi-family housing developmentrental affordability for low-income householdshousing provision for familiesurban neighborhood (Bronx) housing stabilizationsmall-scale, fixed-target housing project (142 units/households)
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    CENDEVCO II REDEVLOPMENT FUND INCNEW YORK, NY$1,335,3622024TO FURTHER SUPPORT AFFORDABLE HOUSING

    CENDEVCO II REDEVLOPMENT FUND INC

    $1,335,362
    NEW YORK, NY2024

    TO FURTHER SUPPORT AFFORDABLE HOUSING