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Nonprofit Overview
Causes: Homeless & Housing, Low-Income & Subsidized Rental Housing
Mission: The corporation was formed to own and operate a non-profit apartment house for the elderly pursuant to section 202 of the housing act of 1959 as amended. All income received is used to pay the operating expenses of the apartment house. All income and expenses are reviewed by the depart. Of housing and urban develop. In regulating rentals paid by the elderly tenants.
Programs: The organization is able to provide affordable housing in a well maintained environment for senior citizens . Hud reviews the annual budget and regulates rents paid by tenants and controls expenses paid by management. In this manner management is able to provide housing that is clean and safe for its senior citizens .