| In 1991, the Montebello
City Council established the Montebello Housing
Development Corporation (MHDC) in response to the
findings of the Redevelopment Agency's five year
Affordable Housing Strategic Plan.
In November 1992, The MHDC was incorporated
as a public service nonprofit agency. Working
closely with the city's Economic Development Department,
Board members made the homeownership by first
time homebuyers of low-to moderate income a priority
in the business of the corporation.
In December of 1999, the Board of
Directors separated from the administrative relationship
with the city. In July of 2000, the corporation
relocated its offices and began recruiting its own
administrative staff. This goal was achieved by
November of 2001 with the appointment of key
staff. The Board took into consideration the
ethnic diversity of the community in determining
the make-up of the administrative staff.
As of July 2003, the staffing
needs have been met. MHDC's staff currently
consist of 5 full time and 1 part time employees to
implement the corporation's programs and to address
the day-to day business of the corporation.
The corporation is managed by a capable and
experienced Executive Committee. President
Robert Monzon, Chief Financial Officer Par Renteria and Vice
President Bernard Ancheta.
 The
day to day operation of the organization is left to
Associate Executive Director Felipe Agredano.
Felipe is an experienced consultant in the area of
media and marketing and is a leader in developing
teams and programs to deliver high quality and
results oriented impact.
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