Exhibit 21.1
List of Subsidiaries
| Names | Dates of Formation | |||
| 1. | Belfair Apartments, LLC | December 3, 2019 | ||
| 2. | Pacific Ridge CMS, LLC | May 24, 2021 | ||
| 3. | Tanglewilde, LLC | June 25, 2021 | ||
| 4. | HCDI FL CONDO LLC | July 30, 2021 | ||
| 5. | HCDI Mira, LLC | August 31, 2021 | ||
| 6. | HCDI, Bridgeview LLC | October 28, 2021 | ||
| 7. | HCDI Wyndstone, LLC | September 15, 2021 | ||
| 8. | HCDI at Semiahmoo, LLC | December 17, 2021 | ||
| 9. | Mills Crossing, LLC | July 21, 2022 | ||
| 10. | Broadmoor Ventures, LLC | August 24, 2022 | ||
| 11. | Winding Lane Estate LLC | November 30, 2022 |
