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- EIN 87-0514438
- (435) 647-9719
- 1960 Sidewinder Dr Ste 107 Room/suite 107 Park City UT 84060 USA
- http://www.housinghelp.org
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Nonprofit Overview
Causes: Homeless & Housing, Housing Development, Construction & Management
Mission: Mountainlands community housing association's (mcha) purpose is based on the belief that a safe affordable home is often a familys first step toward economic self-sufficiency. Mcha addresses the dual problems of housing affordability and availability on three fronts: acquisition and new construction of affordable housing, direct assistance in securing housing and needed basic services, and education and advocacy to promote housing policy.
Programs: During the fiscal year ending march 31, 2015, mountainlands community housing trust (mcht) completed 10 homes in francis bringing the total homes completed since 2002 to 162. These homes were completed under mcht's self help program with a rural development grant. Seven additional self help homes were started so, for the first time, mcht had two self help groups under construction at the same time. During the fiscal year mcht purchased a total of 43 lots in river bluffs subdivision to be utilized in the self help program. Seventeen of the lots were conveyed leaving 26 in inventory. Mcht also started construction on two restricted homes that will use the community land trust model on lots that were donated by the developer of river bluffs subdivision in fy 2015. Mcht was awarded low income housing tax credits for its richer place apartments 28 unity project in kimball junction and is working its way through due diligence with the tax credit investor. Mcht completed its third year of its cornerstone homeownership opportunity program (chip) and received grants totaling 130,000. It was awarded a fourth year grant of 135,000. Mcht's summit county contract of 50,000 was renewed and the service agreement with park city municipal corporation was increased to 20,000. Two transitional housing grants with hud were renewed so mcht will continue to operate 11 units under this program. Elmbridge apartments completed its first full year of operations and has exceeded cash flow projections. In addition to paying down the deferred development fee and arrearage, the maximum incentive management fee of approximately 70,000 was paid. Although lines of credit have been necessary to fund operations from time- to-time operating reserves and the develpment reserve accounts were increased this past year.