Housing Development Fund Names Tami E. Strauss To New Post --Knowledge Development Officer

Non-Profit Bank Fosters Culture of Knowledge to Support Effective New Solutions to Providing Affordable Housing in Connecticut


STAMFORD, Conn., May 30, 2007- Housing Development Fund (HDF), a unique nonprofit bank providing funding for affordable housing and an array of homebuyer assistance programs, has promoted Tami E. Strauss to the newly-created position of Knowledge Development Officer. The position was created to foster HDF’s culture of knowledge and its ability to deliver an ever higher level of service to its clients and the public.

In her new role, Strauss is developing systems for data collection, analysis and distribution that will contribute to the general pool of knowledge about affordable housing solutions. Her work will provide a foundation for the most effective ongoing program development. She will also continue to manage grant writing, marketing communications and the HDF client database, functions that she oversaw in her previous responsibilities. Strauss joined HDF in 2005 as Portfolio Analyst.

“ We value Tami’s experience in real estate market research and analysis along with her thorough knowledge of industry trend forecasting,” said HDF President & CEO Joan Carty. “She has been a leader in converting HDF’s unique data into tools that are helping to make our organization a national resource for reliable information about affordable housing trends and issues.”

Throughout her career, Strauss has analyzed various real estate markets and their demographic, geographic and competitive trends, including research and analyses of all major property types nationwide. Prior to joining HDF, Strauss served as Associate Vice President for Rockwood Realty Associates in New York City, as Research Manager for Finard & Company, LLC in Burlington, Mass., and as Market Research Analyst/GIS Manager for CareMatrix Corporation in Needham, Mass.

“ HDF is a remarkable organization in its commitment to keeping statistics for reporting the outcomes of its homebuyer assistance programs and analyzing their efficacy,” said Strauss. “Collecting and sharing that information is a critical element of meeting the need for more affordable housing.”

Strauss earned a bachelor of arts degree from the State University of New York in Albany, New York, and a Master of Urban Planning degree from the R.F. Wagner Graduate School of Public Service at New York University, New York City. She has served on the faculty of Westchester County Community College in Valhalla, New York. Strauss and her husband reside in Norwalk, Connecticut.

About Housing Development Fund
Founded in 1989, the Housing Development Fund has expanded to serve all of southwestern Connecticut from its headquarters in Stamford and a Danbury office opened in 2004. HDF offers a variety of homebuyer programs, including its First Time Homebuyers Program, SmartMove low interest second mortgage program, CHFA (Connecticut Housing Finance Authority) approved Homebuyer Education Classes Program and Below Market Rate Program (BMR). HDF is a HUD-certified lender and Housing Counseling agency.

HDF provides homebuyers with homebuyer finance, counseling and assistance programs. It also offers low-interest, flexible financing and technical assistance to developers and municipalities, and works with the private sector, other nonprofits, and government entities to facilitate the development of more affordable housing.
The organization manages public/private partnerships to lend funds for these affordable housing initiatives. It has the largest public/private pool of mortgage financing for affordable housing in Connecticut – both homeownership and multi-family development- $38 million.

The Housing Development Fund, Inc. has its headquarters at 100 Prospect Street, South Tower Plaza, Suite SP-101, Stamford, Connecticut 06901. It also maintains an office at 8 West Street, Suite 202-204, Danbury, Connecticut 06810. For additional information call Tami Strauss at 203-969-1830 x19 or visit www.hdf-ct.org

 


Tami E. Strauss