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- EIN 57-1090154
- (469) 206-8900
- 4770 Iberia Ave Suite100 Dallas TX 75207-5508 USA
- www.atlantichousing.org
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Nonprofit Overview
Causes: Homeless & Housing, Housing Rehabilitation
Mission: To foster, support, provide, acquire, construct, rehabilitate and operate qualified affordable housing for low-income persons and families, elderly, and mentally or physically disabled persons where no adequate housing exists for such persons. Provide aid to the poor and distressed, provide decent, safe and sanitary housing, provide social services to low income persons and families, assist in the social and economic integration of the poor, combat community deterioration, lessen neighborhood tensions, eliminate prejudice and discrimination, and reduce the burden of government through the provision of affordable housing. In order to further assist the communities the foundation serves or will serve, the board amended the articles of incorporation to include the charitable purpose of providing student housing as part of its charitable purposes, and filed the amended articles with the irs and the south carolina secretary of state as of april 24, 2004. The board of directors concluded that
Programs: During 2012, the foundation acquired land in austin, tx. The foundation serves as the . 01% general partner in the waters at willow run, lp, a lihtc tax-exempt bond project consisting of 242 units. The project was completed and placed in service during 2016during 2014, the foundation acquired land in round rock, tx. The foundation serves as the . 01% general partner in the waters at sunrise, lp, a lihtc tax-exempt bond project consisting of 300 units. The project was completed and placed in service during 2016 and 2017. During 2016, the foundation sold ashton at longcreek apartments to a related party. During 2016, the foundation formed waters at longcreek, lp, a south carolina limited partnership to acquire and rehabilitate the property (formerly known as ashton at longcreek), using lihtc tax-exempt bonds. The foundation serves as the . 01% general partner. During 2016, the foundation sold stoney creek apartments to a related party. During 2016, the foundation formed waters at berryhill, lp, a south carolina limited partnership to acquire and rehabilitate the property (formerly known as stoney creek apartments), using lihtc tax-exempt bonds. The foundation serves as the . 01% general partner. During 2015, the foundation acquired land in lincolnville, sc. The foundation serves as the . 01% general partner in the waters at magnolia bay, lp, a lihtc tax-exempt bond project consisting of 300 units. The project was completed and placed in service during 2017 and 2016. During 2016, the foundation acquired land in goosecreek, sc. The foundation serves as the . 01% general partner in the waters at st. James, lp, a lihtc tax-exempt bond project consisting of 336 units. During 2016, 100% of the limited partner interest of stonebriar village of plainview, ltd. , a texas limited partnership was assigned to the foundation. Subsequent to the assignment, the foundation owned 99. 90% of stonebriar, a 100 unit lihtc apartment complex in plainview, txthe acquisition and operation of low-income and student housing apartment projects directly serves the foundation's tax exempt purpose of providing quality and safe affordable housing to low-income, students, poor, distressed and elderly persons. The foundation provides social and educational services to its tenants to assist with social integration, reducing neighborhood tension and deterioration.