BROADWAY FINANCIAL CORP \DE\ — Director's Dealing 2007

Feb 6, 2007

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK: 0001001171
Period of Report: 2007-02-05

Reporting Person: Williams Elrick (Director, employed by a 5% owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock	$		Common Stock (100000)		Indirect

Footnotes

F1: The common stock may be exercised at any time, at the holder's election, and has no expiration date.

F2: The reporting person is an Officer of Williams Group Holding L.L.C., and a Director on the Board of Williams Group Holding L.L.C., and serves at the largest owner of Williams Group Holding L.L.C. The reporting person disclaims beneficial ownership of the securities held by Williams Group Holding L.L.C., except to the extent of his pecuniary interest therein.