Program areas at Southwest Florida Affordable Housing Choice Foundation
Through awards from the neighborhood stabilization program (nsp) the agency constructed/purchased 82 units to be rented to low income persons or families. The agency is the owner/manager of these units. To qualify to live in these developments, the person/family income must be below 50% of the area median income; rent is based on the income of the tenant. During the tax year, additional land was purchased to expand and further Affordable Housing. The agency also purchased an age restricted property with 60 units in march 2020.
The agency is the managing general partner in two mixed finance partnerships; 1% ownership in each. The developments, placed in service in 2014, consists of 212 units of acc public Housing and contract based section 8 units for low income persons/families. The developments are east pointe place and the landings at east point. Excess cash, per the partnership agreements, is distributed to the agency annually. These funds are used to continue the mission of developing Affordable Housing for low and moderate-income families/persons. The agency is currently working to develop 3 additional mixed financed properties. 1. Facility for low income persons. 2. The agency has been awarded tax credits to build phase ii of east pointe place and is placing 90 units in service by summer 2023. Royal palm will be replaced at another site. 3. The agency has been awarded tax credits to rehab bonair towers for rehabilitation.
Personnel at Southwest Florida Affordable Housing Choice Foundation
Name | Title | Compensation | Date of data |
---|
Marcia Davis | Executive Director / Vice President | $0 | 2020-12-31 |
Bruce Strayhorn | Chairman / President | $0 | 2021-11-15 |
Mattie Young | Vice - Chair / Vice President | $0 | 2020-12-31 |
Douglas Hogg | Treasurer | $0 | 2020-12-31 |
Marcus D Goodson | Past Vice President and Secretary | $0 | 2018-12-31 |
Financials for Southwest Florida Affordable Housing Choice Foundation
Revenues | FYE 12/2021 | FYE 12/2020 | % Change |
---|
Total grants, contributions, etc. | $292,811 | $0 | 999% |
Program services | $4,533,516 | $1,073,026 | 322.5% |
Investment income and dividends | $76,041 | $60,490 | 25.7% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $4,902,368 | $1,133,516 | 332.5% |
Organizations like Southwest Florida Affordable Housing Choice Foundation
Organization | Type | Location | Revenue |
---|
Cook Inlet Housing Development Corporation | 501(c)(3) | Anchorage, AK | $7,883,867 |
Hcha Redevelopment Authority | 501(c)(3) | Houston, TX | $1,315,798 |
Boise Housing Corporation | 501(c)(3) | Boise, ID | $22,451,849 |
Housing Development Corporation of Dekalb (HDC) | 501(c)(3) | Decatur, GA | $1,913,428 |
Community Strategies Group | 501(c)(3) | Bloomsburg, PA | $3,989,230 |
Casa Community Association | 501(c)(3) | Westlake Village, CA | $1,266,142 |
Austin Habitat for Humanity | 501(c)(3) | Austin, TX | $22,735,671 |
Community Housing Development Corp of North Richmond | 501(c)(3) | Richmond, CA | $8,965,670 |
Homeward Nyc | 501(c)(3) | New York, NY | $5,512,295 |
Affordable Housing Management | 501(c)(3) | Greensboro, NC | $3,905,516 |
Data update history
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 19, 2021
Updated personnel
Identified 2 new personnel
May 1, 2021
Posted financials
Added Form 990 for fiscal year 2018
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
May 21, 2020
Updated personnel
Identified 7 new personnel
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
- Address
- 4224 Renaissance Preserve Way
- Fort Myers, FL 33916
- Metro area
- Cape Coral-Fort Myers, FL
- County
- Lee County, FL
- Phone
- (239) 344-3220
IRS details
- EIN
- 20-4985818
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2008
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Central organization
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