BROADWAY FINANCIAL CORP \DE\ — Director's Dealing 2008

Nov 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BROADWAY FINANCIAL CORP \DE\ (BYFC)
CIK: 0001001171
Period of Report: 2008-11-03

Reporting Person: Williams Elrick (Director, employed by a 9% owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-03	Common stock	P	100	$5.2495	Acquired	174725	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common stock	$		Common stock (174625)	174725	Indirect

Footnotes

F1: The reporting person is an Officer of Williams Group L.L.C. The reporting person disclaims beneficial ownership of the securites held by Williams Group Holding L.L.C., except to the extent of his pecuinary interest therein.

F2: The common stock may be exercised at any time, at the holder's election, and has no expiration date.
The purchases reported in this Form 4 were effected pusuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28,2008.