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CPDC Real Estate Developer Lee Alford Earns HDFP Designation

Silver Spring, MD – On July 28, 2016 CPDC Real Estate Development Officer Lee Alford received certification as a Housing Development Finance Professional (HDFP) from the National Development Council (NDC).  HDFP Certification is a professional credential given to individuals who successfully complete NDC’s intensive housing development finance training series.

The training provides individuals working in the field of housing development with instruction in single-family home ownership finance, multi-family housing development finance, housing development finance including problem solving and deal structuring, and the creation and implementation of development programs.rsz_12185199_959552974090702_6135122419235672395_o

The four HDFP Certification Program courses range from three to five days in length and concludes with an exam.  Upon successful completion of all courses, candidates are awarded HDFP Certification.

As a Real Estate Development Officer for CPDC, Alford works on all aspects of the acquisition, preservation, and redevelopment of projects.

His primary responsibilities include financial due diligence and feasibility analysis, preparing financing applications, managing the development team, and ensuring that developments are constructed according to plan.

Alford also helped solidify CDPC’s expansion into Richmond and Hampton Roads, VA as the first employee in the organization’s new Richmond office.

Alford has  more than 10 years’ experience in affordable housing. Prior to joining CPDC, he served as a Development Officer for Community Housing Partners (CHP), where he managed all aspects of $38 million of affordable housing from acquisition through construction and lease-up, including financing and overseeing the construction of Virginia’s first Rental Assistance Demonstration community, which was located in Hopewell.  Before joining CHP, he served in Senior Project Manager positions at Better Housing Coalition and at the Richmond Redevelopment & Housing Authority.   In these roles he oversaw transformative affordable housing development across Richmond.

Alford holds an MBA in Finance from Temple University and a BBA in Finance and Political Science from the University of Miami.

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About NDC:

The National Development Council was established in 1969 and is a non-profit organization specializing in economic and housing development training and technical assistance for community development.  NDC has provided training to over 60,000 professionals working in the fields of economic and housing development.  Participants come from diverse backgrounds including city and state governments, public agencies, community-based organizations, professional organizations and banks.

About CPDC:

For over 25 years, CPDC has served D.C., MD and VA as a leading not-for-profit real estate developer through the acquisition and redevelopment of award-winning affordable housing. We specialize in mixed-income and mixed-use developments, historic preservation, adaptive reuse and are recognized for innovative financing, green building design and public-private partnerships.

With more than 9,000 residents in over 5,000 apartment homes, CPDC is committed to the long-term success of our portfolio and our residents. We deliver innovative Community Impact Strategies (CIS) designed to help individuals and entire neighborhoods grow and thrive. CPDC is a community developer and proud member of NeighborWorks America, the nation’s leading trainer of community development and affordable housing professionals.


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