About DevCo

DevCo, LLC is an integrated development and investment company focused on multi-family communities. Founded in 1994, the company and its affiliates are developing, own and manage over 10,000 affordable and market rate apartment units throughout the United States. Headquartered in Washington, DevCo, LLC is the largest provider of affordable housing in Washington State.

Our mission is to (1) build and operate first class multi-family housing that are an asset to their communities, (2) deliver good value to our residents, (3) provide a challenging and satisfying environment for our employees and contractors, and (4) earn a fair profit.

We are committed to creating long term value by developing and owning outstanding communities. We believe in fairness, honoring our commitments, gratitude and respect for all our stakeholders.  The company retains its communities indefinitely. We value diversity, protection for the environment, and sharing our prosperity with deserving others.

Business Units


DevCo’s Development Team and DevCo Preservation, LLC are the company’s development and growth engines, providing acquisition, entitlement, financing, syndication, and contracted delivery. The DevCo Team focuses on communities inside Washington State, while DevCo Preservation focus regionally on communities outside of Washington.

Property Management

HNN manages and maintains all of DevCo’s communities in Washington State. HNN has a talented and dedicated team of professional staff, an enviable reputation in the industry, and strong partnerships with the services industry to support our residents.


Heartland Construction is the company’s Washington State general contractor affiliate, and has built dozens of communities. DevCo’s long term perspective is similarly reflected in Heartland’s priorities of mutual employee and subcontractor loyalty and construction quality.

Enterprise Services

DMC is the company’s enterprise services affiliate providing people, financial, administrative, marketing, risk management, and technology services to the DevCo family of companies.



Jack HundenCEO and Managing Member DevCo | DevCo Preservation | Heartland Construction HNN Communities | DevCo Management Company

Alison DeanPresident, Property Management HNN Communities, LLC

Tom NeubauerPresident, Construction Heartland Construction, LLC

David RatliffPresident, Development DevCo, LLC | DevCo Preservation, LLC

JOHN RESHAChief Operating Officer & President,
DevCo Management Company, LLC DevCo | DevCo Preservation | Heartland Construction HNN Communities | DevCo Management Company

Understand Our Mission & Values