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Hope Homes And Friends Inc

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Nonprofit Overview

Causes: Homeless & Housing, Low-Income & Subsidized Rental Housing

Mission: To provide safe, decent, affordable housing to the elderly in the floyd county, kentucky area.

Programs: Hope homes and friends, inc. Is a 501 (c)(3) organization that operates a 12-unit aparment complex for elderly, very-low income individuals. Monthly rent chards are subsidized by the us department of housing and urban developments (hud) section 8 housing assistance payments. This is the sole program service provided by hope homes and friends, inc, and the reason for its tax exempt status. In 2017, hope homes and friends, inc. Expended $161,133 on the program (including depreciation of 37,362); $138,895 was allocated to direct program expenses and $22,238 was allocated to management fees and accounting/auditing costs.

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