2018-09-10T14:12:59-05:00 2017-12-31 470700692 VERDANT ACCOUNTING PC 12110 PORT GRACE BLVD STE 100 LA VISTA NE 681283190 990 2017-01-01 470785685 FOUNDATION FOR AFFORDABLE HOUSING FOUN 4023011540 1301 S 75TH STREET SUITE 227 OMAHA NE 68124 MARK HIATT PRESIDENT 4023011540 2018-09-06 true SHARISE ENGEL CPA P01677184 4023301200 2018-09-10 2017 2022-09-23 18:48:47Z MARK HIATT 1301 S 75TH STREET SUITE 227 OMAHA NE 68124 39594 false X N/A X 1995 THE FOUNDATION FOR AFFORDABLE HOUSING HAS BEEN FORMED FOR THE EXEMPT PURPOSE OF CONSTRUCTING, PURCHASING, OWNING, AND OPERATING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 4 4 0 0 0 831939 35910 62859 7 -2773 3677 892025 39594 0 0 87815 2921 0 0 771051 430195 858866 433116 33159 -393522 780161 32489347 9033 31949254 771128 540093 THE FOUNDATION FOR AFFORDABLE HOUSING HAS BEEN FORMED FOR THE EXEMPT PURPOSE OF CONSTRUCTING, PURCHASING, OWNING, AND OPERATING AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. false false 222114 11125 A 100 UNIT APARTMENT COMPLEX PROJECT PROVIDED AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. THIS PROJECT WAS ACQUIRED IN DECEMBER 2017. 188385 24785 A 256 UNIT APARTMENT COMPLEX PROJECT PROVIDED AFFORDABLE HOUSING TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. THE PROJECT WAS ACQUIRED IN DECEMBER 2017. FOUNDATION FOR AFFORDABLE HOUSING IS THE GENERAL PARTNER OF THE ENTITIES OWNING THE FOLLOWING PROPERTIES, ALL OF WHICH PROVIDED AFFORDABLE HOUSING TO LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES: CROSS CREEK APARTMENTS IN BEAUFORT, SOUTH CAROLINA, 144 UNITS GREENS OF PINE GLEN IN DURHAM, NORTH CAROLINA, 168 UNITS WILLOW BEND APARTMENTS IN HILLIARD, OHIO, 92 UNITS POST WOODS APARTMENTS IN REYNOLDSBURG, OHIO, 180 UNITS CRESCENT VILLAGE IN CINCINNATI, OHIO, 90 UNITS ADDITIONAL INFORMATION ON THESE PROPERTIES IS LISTED ON SCHEDULE R. 410499 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false X 4 4 false false false false false false false true true false false true false false false false false false X MARK HIATT 4023011540 1301 S 75TH STREET SUITE 227 OMAHA NE 68124 X DREW FITCH VICE PRESIDE 5.00 X X 0 0 0 DAVE WILKINSON DIRECTOR 0.19 X 0 0 0 STEVE COCKRELL DIRECTOR 0.19 X 0 0 0 MARK HIATT PRESIDENT 40.00 X 0 0 0 false false false RENTAL INCOME 531110 35910 35910 35910 7 7 OTHER INCOME 531390 7331 7331 K-1 CROSS CREEK LOSS 531390 -3654 -3654 3677 39594 35917 3677 2921 2921 188000 188000 4988 4988 9700 9700 5109 5109 16367 16367 8372 8372 DEVELOPER FEES 172720 172720 DUE DILIGENCE COSTS 18634 18634 REAL ESTATE TAXES 3414 3414 DUES AND SUBSCRIPTIONS 1664 1664 1227 1227 433116 410499 22617 0 18990 4198414 133380 161426 625000 625000 2791 2791 27501716 27501716 780161 32489347 9033 38739 13886 31683739 212890 9033 31949254 X 771128 540093 771128 540093 780161 32489347 X -393522 162487 X false false false X 953760 1442056 761267 6341489 43391 9541963 953760 1442056 761267 6341489 43391 9541963 9541963 7 7 7 7 953760 1442056 761267 6341489 43398 9541970 1.00000 1.00000 0.00000 0.00000 X 2084600 2084600 25415400 25415400 1716 1716 27501716 SECURITY DEPOSITS 146523 OPERATING LINE OF CREDIT 50000 ACCRUED INTEREST PAYABLE 16367 212890 FORM 990, PAGE 6, PART VI, LINE 11B ALL INFORMATION IS AVAILABLE UPON REQUEST BY CONTACTING: FOUNDATION FOR AFFORDABLE HOUSING, 1301 S. 75TH STREET, SUITE 227, OMAHA, NE 68124 FOUNDATION FOR AFFORDABLE HOUSING PROVIDES THE RETURN TO THE BOARD OF DIRECTORS AND MANAGEMENT FOR REVIEW AND AUTHORIZATION. FORM 990, PAGE 6, PART VI, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST BY CONTACTING: FOUNDATION FOR AFFORDABLE HOUSING, 1301 S. 75TH STREET, SUITE 227, OMAHA, NE 68124 FORM 990, PART XI, LINE 9 K-1 CROSS CREEK APT HLDGS LOSS TAX NOT BOOK 3,653 CASH CONTRIBUTION ROSEWOOD ACQUISITION 107,810 CASH CONTRIBUTION SOUTH POINTE ACQUISITION 64,910 BOOK/TAX DIFFERENCE RELATED TO PREPAID RENT -13,886 TOTAL 162,487 CROSS CREEK HOLDINGS LLC 1004 FARNAM STREET OMAHA NE 68102 900471551 TO PRT VII SC TO PRT VII TO PART VII -3654 94021 false false 0.01000 ASHLEY SQUARE COORPERATIVE SOLD 2017 1004 FARNAM STREET OMAHA NE 68102 264379076 TO PRT VII IA N/A C CORP false FAH NORTH CAROLINA GP LLC 1004 FARNAM STREET OMAHA NE 68102 900914134 TO PRT VII NC TO PRT VII C CORP 583700 1.00000 true FAH OHIO GP LLC 1004 FARNAM STREET OMAHA NE 68102 272586122 TO PRT VII OH TO PRT VII C CORP 48947 671311 1.00000 true false false false false false false false false false false false false false false false false false false false SCHEDULE R SCHEDULE R, PART III, IDENTIFICATION OF RELATED ORGANIZATION TAXABLE AS A PARTNERSHIP PART III, (A) NAME, ADDRESS AND EIN OF RELATED ORGANIZATION: CROSS CREEK APARTMENT HOLDINGS, LLC, 90-0471551, 1004 FARNAM STREET, OMAHA, NE 68102 PART III, (B) PRIMARY ACTIVITY: PROVIDE AFFORDABLE RENTAL HOUSING TO PERSONS WITH LOW TO MODERATE INCOME PART III, (D) DIRECT CONTROLLING ENTITY: FOUNDATION FOR AFFORDABLE HOUSING PART III, (E) PREDOMINANT INCOME: AFFORDABLE HOUSING RENTAL INCOME FROM PERSONS WITH LOW TO MODERATE INCOME SCHEDULE R, PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A CORPORATION OR TRUST PART IV, (A) NAME, ADDRESS AND EIN OF RELATED ORGANIZATION (1) ASHLEY SQUARE COOPERATIVE, SOLD IN 2017, 26-4379076, 1004 FARNAM STREET, OMAHA, NE 68102 (2) FAH NORTH CAROLINA GP, LLC, 90-09914134, 1004 FARNAM STREET, OMAHA, NE 68102 (3) FAH OHIO GP, LLC, 27-2586122, 1004 FARNAM STREET, OMAHA, NE 68102 PART IV (B) PRIMARY ACTIVITY: (1) PROVIDED AFFORDABLE RENTAL HOUSING TO PERSONS WITH LOW TO MODERATE INCOME. THE PROPERTY WAS SOLD IN 2017. (2) UNDERLYING PROPERTIES PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME PERSONS (3) UNDERLYING PROPERTIES PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME PERSONS PART IV (D) DIRECT CONTROLLING ENTITY: (1) N/A (2) FOUNDATION FOR AFFORDABLE HOUSING (3) FOUNDATION FOR AFFORDABLE HOUSING