Snapshot: Deborah Sanders

Volunteer, Urban Homesteading Assistance Board (UHAB) Shareholders Forum How did you first get into this work? The Shareholders Forum (SF) consists of owners of Housing Development Finance Corporation (HDFC) housing units. HDFC is a program created in the 1970’s that provided a means for people living in decaying neighborhoods to purchase their apartments and thereby become more invested in their communities.  The program stipulated that the homes provide housing to people of low-to-moderate income (LTMI) in exchange for tax benefits and other means of support.  Today, many of the neighborhoods where HDFCs exists are being gentrified. An increasing number of HDFC owners are being swept into the whirlwind of change and facing the decision of whether sell their government sponsored apartment to wealthy people who are flocking to these neighborhoods. Many shareholders view selling these apartments to wealthy people as a betrayal of the mission of the program and as destructive to fabric of the community. We are working to expose the potential harm of the practice and to stop it from happening by appealing to both community members and to the […]

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