About Us

Mission Statement

Alameda Development Corporation (ADC) is committed to increasing housing options for individuals and families with modest means in Alameda and surrounding communities.

Program Overview

Brokering:

ADC works with developers of large-scale projects on the affordable components of their projects. ADC resells the affordable housing units to purchasers with very low, low and moderate incomes -- identifying and qualifying purchasers for this housing; training them in homeownership and financial management skills; and establishing maintenance standards. ADC, given its goodwill and relationships in the community, is able to “broker” relationships, partnerships and initiatives related to housing.

Developing:

ADC develops small-scale residential projects for sale to purchasers with very low, low and moderate incomes and provides support services to those purchasers. All sales of affordable units are subject to an affordability covenant. ADC's goal is to sell these units to purchasers with incomes at all levels within the applicable affordability ranges.

Education and Advocacy:

ADC educates Alamedans regarding the need for affordable housing and the options to meet those needs.

Geographic Areas Served:

City of Alameda and Alameda County

History

ADC was incorporated on February 17, 2000 under the California Nonprofit Public Benefit Corporation Law. The purposes of ADC are (1) to promote homeownership opportunities for all income groups, including lower income renters and newly-formed households, and (2) to provide for the conservation, rehabilitation and expansion of Alameda’s housing stock while maintaining and improving the physical and social integrity of existing neighborhoods. One of the members of the Corporation’s Board of Directors is elected on the recommendation of the Mayor and the City Council of Alameda. ADC cooperates closely with the City’s agencies involved in housing development.

The upcoming redevelopment of the former Alameda Naval Air Station and Fleet Industrial Supply Center creates the need for a locally-based non-profit housing organization to assure that a full range of objectives will be achieved. ADC is uniquely positioned to fill that niche. ADC will partner with commercial and not-for-profit developers and will enlist and coordinate the efforts of other non-profit organizations to accomplish housing goals. ADC will also use its own staff and resources for services that are not readily available from other sources.

Board, Staff and Community Support

The collective experience of the Corporation’s Board covers all aspects of affordable housing advocacy and development and related support services. The Corporation’s Executive Director has significant experience in affordable housing, organizational development and nonprofit management.

Board

Officers:

President, Gregg Fujita, Harbor Bay Realty

Secretary, Victor Jin, Property Investment Services

Treasurer, Lisa Mitchell-Reed, Alameda Point Collaborative

Directors:

Richard Bartalini, Retired Judge

Diane Lichtenstein

David Mercado, East Bay Municipal Utility District

Helen Sause

David Teare

Elizabeth Warmerdam, City of Hercules

Reverend Michael Yoshii, United Methodist Church

Staff

Dan Lachman, Executive Director

Affiliations/Associations/Networks

East Bay Housing Organizations
Chamber of Commerce
Alameda Rotary Club
Non-Profit Housing Association of Northern California

 

Contact Information

Alameda Development Corporation
2363 Mariner Square Drive, Suite 240
Alameda, CA 94501
phone: 510-523-4460
fax: 510-523-4479