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Affordable Housing Initiative is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2022. The principal officer is % Ellen Barnes. It holds total assets of $475K. Annual income is reported at $253. THE PRIMARY ACTIVITY IS TO ACQUIRE AND CONTINUE TO OPERATE EXISTING LOW-INCOME, AFFORDABLE HOUSING DEVELOPMENTS IN THE STATE OF ILLINOIS AND OTHER MIDWESTERN STATES THAT ARE IN DANGER OF LEAVING THE NATION'S STOCK OF LOW-INCOME AFFORDABLE HOUSING. ALL THE HOUSING PROJECTS PROMOTED AND DEVELOPED BY AHI ARE PARTICIPANTS IN VARIOUS HOUSING PROGRAMS OF HUD AND STATE HOUSING AGENCIES. Contributions to this foundation are tax-deductible.
THE PRIMARY ACTIVITY IS TO ACQUIRE AND CONTINUE TO OPERATE EXISTING LOW-INCOME, AFFORDABLE HOUSING DEVELOPMENTS IN THE STATE OF ILLINOIS AND OTHER MIDWESTERN STATES THAT ARE IN DANGER OF LEAVING THE NATION'S STOCK OF LOW-INCOME AFFORDABLE HOUSING. ALL THE HOUSING PROJECTS PROMOTED AND DEVELOPED BY AHI ARE PARTICIPANTS IN VARIOUS HOUSING PROGRAMS OF HUD AND STATE HOUSING AGENCIES.
THE PRIMARY ACTIVITY IS TO ACQUIRE AND CONTINUE TO OPERATE EXISTING LOW-INCOME, AFFORDABLE HOUSING DEVELOPMENTS IN THE STATE OF ILLINOIS AND OTHER MIDWESTERN STATES THAT ARE IN DANGER OF LEAVING THE NATION'S STOCK OF LOW-INCOME AFFORDABLE HOUSING. ALL THE HOUSING PROJECTS PROMOTED AND DEVELOPED BY AHI ARE PARTICIPANTS IN VARIOUS HOUSING PROGRAMS OF HUD AND STATE HOUSING AGENCIES.
Affordable Housing Initiative typically selects its grantees rather than accepting unsolicited proposals.
Affordable Housing Initiative is headquartered in CHICAGO, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lynn Sasamoto | SECRETARY | $0 | $0 | $0 |
| Annette Salomon | PRESIDENT | $0 | $0 | $0 |
| Kristen Clarico | TREASURER | $0 | $0 | $0 |
| Julie Kohl | DIRECTOR | $0 | $0 | $0 |
Total Giving
$12K
Total Assets
$959K
Fair Market Value
$959K
Net Worth
$958K
Grants Paid
$0
Contributions
$0
Net Investment Income
$0
Distribution Amount
$24K
Other foundations that have funded Affordable Housing Initiative.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Arvest Foundation | $9K | 2020 | Community & Economic Development |
ALPHARETTA, GA
TARPON SPGS, FL
NATCHITOCHES, LA
AUSTIN, TX
LANSING, MI
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