Housing and Community Services

To support the organization mission, the organization provided administrative support for the non-profit and for-profit ownership of 4,727 units of low-income Housing, provided and supervised social Services and resident activities, and engaged in fundraising activities for Housing acquisition and rehabilitation and social Services and resident activities.the organization has a volunteer board of directors comprised of Community and resident participants. The full board meets regularly to provide guidance and oversight in furtherance of the organization mission.the organization continued to directly own and operate renaissance village apartments, a low-income Housing apartment complex. The organization also continued to provide oversight and management of several low-income apartment complexes and to serve as the sole member for the disregarded entities (for income tax purposes) that owned and operated these low- income apartment complexes:hcs 307, llc oba country club village apartmentshcs 308, llc oba sherwood apartmentshcs 312, llc oba robinhood apartmentshcs 313, llc oba north star village apartmentshcs 314, llc oba fox run apartmentshcs 401, llc oba lantana square apartmentshcs 402, llc oba weslaco village apartmentshcs 501, llc oba frio apartmentshcs 502, llc oba village circle apartmentsin addition, the organization executive director served as the executive director for 15 associated Housing boards that operate low-income properties. All board members of the organization and its associate boards served without compensation other than reimbursement by the organization of expenses incurred directly related to boards activities (primarily travel expenses associated with board meetings).the organization also provided oversight for resident Services and/or Community learning center programs at 49 low-income Housing properties. A quality assurance program was followed to ensure compliance with company guidelines and with u.s. department of hud regulations pertaining to neighborhood networks centers.low-income Housing property - exempt purpose achievement 1: the organization, the sole member of hcs 307, llc, owns and operates country club village apartments which consists of 82 units restricted to low-income elderly and handicapped residents. The organization acquired this facility in 2003 with low-interest loans from the tdhca and, during this reporting period, maintained a hud property based section 8 Housing assistance payment contract making all 82 units available to seniors and handicapped with incomes less than 30% of the ami.the organization provides on site social and referral Services for the senior and disabled population. These include case management and referral Services, senior companion programs, health care information and health screenings and education (diabetes, high blood pressure, etc.). The organization maintained a computer lab for residents to use the internet and email. Weekly resident activities include arts and crafts, game days, socials and other activities geared toward the senior population.low-income Housing property - exempt purpose achievement 2:the organization, the sole member of hcs 308, llc, which owns and operates sherwood apartments, 56 units of affordable Housing in edinburg, Texas. During this reporting period, the organization maintained the hud property based section 8 Housing assistance payment contract making all 56 units available to individuals and families with incomes less than 30% of the ami.low-income Housing property - exempt purpose achievement 3:the organization, the sole member of the hcs 312, llc, owns and operates the robinhood apartments, 69 units of affordable Housing in harlingen, Texas. During this reporting period, maintained a hud property based section 8 Housing assistance payment contract making all 69 units available to individuals and families with incomes less than 30% of the ami. The organization operated and maintained a hud recognized neighborhood networks center (nnc). The center, in addition to a computer lab which is utilized for the after-school program, is the site of numerous programs to benefit the residents.low- income Housing property - exempt purpose achievement 4:the organization, the sole member of hcs 313, llc, owns and operates the north star village apartments, 56 units of affordable Housing in harlingen, Texas. During this reporting period, maintained a hud property based section 8 Housing assistance payment contract making all 56 units available to individuals and families with incomes less than 30% of the ami.low- income Housing property - exempt purpose achievement 5:the organization, the sole member of hcs 314, llc, owns and operates the fox run apartments, 150 units of affordable Housing in victoria, Texas. During this reporting period, maintained a hud property based section 8 Housing assistance payment contract making all 150 units available to individuals and families with incomes less than 30% of the ami.low income Housing property - exempt purpose achievement 6:the organization, the sole member of hcs 401, llc, owns and operates the lantana square apartments, 44 units of affordable Housing in corpus christi, Texas. During this reporting period, the organization maintained the hud property based section 8 Housing assistance payment contract making all 44 units available to individuals and families with incomes less than 30% of the ami. The organization maintained a hud approved neighborhood networks center to provide computer access for residents and an after- school program for the youth.low- income Housing property - exempt purpose achievement 7:the organization, the sole member of hcs 402, llc, owns and operates the weslaco village apartments, 44 units of affordable Housing in weslaco, Texas. During this reporting period, the organization maintained the hud property based section 8 Housing assistance payment contract making all 44 units available to individuals and families with incomes less than 30% of the ami.low- income Housing property - exempt purpose achievement 8:the organization, the sole member of hcs 501, llc, which owns and operates the frio apartments, 63 units of affordable Housing in pearsall, Texas. During the reporting period, the organization maintained the hud property based section 8 Housing assistance payment contract making all 63 units available to individuals and families with incomes less than 30% of the ami. Additionally, the organization maintained a 50% ad-valorem property tax exemption to assist in preserving funds for the operations of the housing.low-income Housing property - exempt purpose achievement 9:the organization, the sole member of hcs 502, llc, which owns and operates the village circle apartments, 50 units of affordable Housing in new braunfels, Texas acquired on march 31, 2015. During the reporting period covered by this report, the organization maintained the hud property based section 8 Housing assistance payment contract making all 50 units available to individuals and families with incomes less than 30% of the ami.low-income Housing property - exempt purpose achievement 10:the organization continued its ownership responsibilities of the renaissance village apartments, 67 units of affordable Housing in san antonio, texas.low-income Housing property - exempt purpose achievement 11:the organization has formed various entities other than the single member limited liability companies (llcs) listed above to acquire, develop, construct, rehabilitate, and operate low-income multifamily projects through Texas department of Housing and Community affairs awards for low income Housing tax credits and for a tax credit exchange program grant. Such entities include the following: