2013-05-13T15:56:52-05:00 2012-06-30 941250261 LINDQUIST VON HUSEN & JOYCE LLP 90 NEW MONTGOMERY STREET 11TH FLOOR SAN FRANCISCO CA 94105 990 2011-07-01 770545135 HOUSING TRUST OF SANTA CLARA COUNTY INC HOUS 4084363450 95 S MARKET ST NO 610 SAN JOSE CA 95113 KEVIN ZWICK 4084363450 2013-05-13 ALEXIS H WONG P00604756 4159579999 2011 2016-02-24 21:20:13Z KEVIN ZWICK 95 S MARKET ST NO 610 SAN JOSE CA 95113 16813137 0 X WWW.HOUSINGTRUSTSCC.ORG X 2000 CA THE HOUSING TRUST OF SANTA CLARA COUNTY, INC. MAKES LOANS AND GRANTS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING WITHIN SANTA CLARA COUNTY, ASSISTING FIRST TIME HOMEBUYERS, PREVENTING HOMELESSNESS AND STABILIZING NEIGHBORHOODS. 24 24 12 5 0 0 12910657 16216841 99750 106401 249414 360788 48572 87703 13308393 16771733 6947889 13174579 0 0 990638 1034877 0 0 96954 854655 1831784 8793182 16041240 4515211 730493 38913102 37811362 5998635 4166402 32914467 33644960 X THE MISSION OF THE HOUSING TRUST OF SANTA CLARA COUNTY IS TO MAKE SILICON VALLEY A MORE AFFORDABLE PLACE TO LIVE. THE HOUSING TRUST MAKES LOANS AND GRANTS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING, ASSIST FIRST-TIME HOMEBUYERS, PREVENT HOMELESSNESS AND STABILIZE NEIGHBORHOODS. 0 0 1826354 63661 FIRST-TIME HOMEBUYER PROGRAMS - HOUSING TRUST OFFERS THE DOWNPAYMENT ASSISTANCE PROGRAM, MORTGAGE ASSISTANCE PROGRAM, AND CLOSING COST ASSISTANCE PROGRAM, AND EQUITY SHARE CO-INVESTMENT PROGRAM TO HELP QUALIFIED FIRST-TIME HOMEBUYERS IN SANTA CLARA COUNTY WITH SECOND MORTGAGE, DOWNPAYMENT AND CLOSING COSTS. 223132 9860 HOMELESS AND SPECIAL NEEDS PROGRAM - THE PROGRAM IS DESIGNED TO HELP PREVENT HOMELESSNESS IN CITIES ACROSS SANTA CLARA COUNTY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF HOUSING FOR THE HOMELESS AND/OR THOSE WITH SPECIAL NEEDS. 13504266 13164719 NEIGHBORHOOD STABILIZATION PROGRAM (NSP2) - THE ORGANIZATION HAS BEEN AWARDED $25,000,000 IN NSP2 FUNDS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT. THE ORGANIZATION IS THE LEAD ENTITY IN THE SAN JOSE CONSORTIUM, WHICH ALSO INCLUDES THE CITY OF SAN JOSE AND NEIGHBORHOOD HOUSING SERVICES SILICON VALLEY. THESE NSP2 FUNDS WILL BE USED IN TARGETED AREAS ACROSS 35 CENSUS TRACTS THAT HAVE BEEN THE HARDEST HIT BY FORECLOSURES WITHIN THE CITY OF SAN JOSE. THE ORGANIZATION WILL USE A PORTION OF THE FUNDS TO PROVIDE UP TO 100 PURCHASE ASSISTANCE LOANS TO LOW AND MODERATE INCOME HOUSEHOLDS BUYING FORECLOSED AND ABANDONED PROPERTIES WITHIN THE DESIGNATED AREAS. THE CONSORTIUM WILL ALSO ACQUIRE AND REHABILITATE UP TO 64 FORECLOSED OR ABANDONED HOMES FOR RESALE TO LOW AND MODERATE INCOME HOUSEHOLDS. TWENTY-FIVE PERCENT OF THE GRANT TOTALING $6,250,000 WILL BE RESERVED TO ASSIST HOUSEHOLDS AT OR BELOW FIFTY PERCENT OF AREA MEDIAN INCOME. THE NSP2 FUNDS, AND THE LEVERAGING OF $2,250,000 IN ADDITIONAL FUNDS, WILL REDUCE THE NUMBER OF FORECLOSED OR ABANDONED HOMES AND RESIDENTIAL PROPERTIES IN THE TARGETED AREAS AND HELP TO STABILIZE THE HOUSING MARKET. 126617 42740 AFFORDABLE MULTI-FAMILY RENTAL PROGRAM - THE PROGRAM IS DESIGNED TO HELP CREATE AFFORDABLE MULTI-FAMILY RENTAL HOUSING UNITS IN COMMUNITIES THROUGHOUT SANTA CLARA COUNTY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF AFFORDABLE MULTI-FAMILY RENTAL HOUSING. 126617 42740 15680369 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 10 0 12 1 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 4084363450 95 S MARKET ST STE 610 SAN JOSE CA 95113 ASH KALRA 1.00 X 0 0 0 CANDICE GONZALEZ 1.00 X 0 0 0 DANIEL FURTADO 1.00 X 0 0 0 DIANE MCNUTT 1.00 X 0 0 0 ERIN BRENNOCK 1.00 X 0 0 0 JOHN BARTON 1.00 X X 0 0 0 JOHN MCLEMORE 1.00 X 0 0 0 JOHN PAUL BRUNO 1.00 X 0 0 0 JONATHAN EMAMI 1.00 X 0 0 0 KATHLEEN KING 1.00 X 0 0 0 KEN YEAGER 1.00 X 0 0 0 LESLEE GUARDINO 1.00 X 0 0 0 LINDA MANDOLINI 1.00 X X 0 0 0 MARGARET ABE-KOGA 1.00 X 0 0 0 PHILIP BOYCE 1.00 X 0 0 0 QUINCY VIRGILIO 1.00 X 0 0 0 ROBERT SHERRARD 1.00 X X 0 0 0 RON HAHR 1.00 X 0 0 0 SHILOH BALLARD 1.00 X 0 0 0 SPARKY HARLAN 1.00 X X 0 0 0 STEVE TATE 1.00 X 0 0 0 CARL GUARDINO 1.00 X 0 0 0 CECILY JOSEPH 1.00 X 0 0 0 PATRICK O' MALLEY 1.00 X 0 0 0 KEVIN ZWICK 40.00 X 159539 0 20821 MAUREEN SHILLING 40.00 X 112704 0 24155 JESSICA-GARCIA KOHL 40.00 X 103923 0 12191 376166 0 57167 3 0 1 0 0 15747868 468973 16216841 PROGRAM SERVICE FEE 531390 106401 106401 106401 360788 360788 129107 41404 87703 87703 16771733 106401 0 448491 13174579 13174579 319901 233866 77141 8894 487217 430868 9481 46868 31394 25396 3709 2289 141109 116205 15151 9753 55256 45504 5933 3819 54772 23185 31587 41288 1431 39857 11175 8368 1641 1166 32074 20208 5154 6712 59872 14563 45309 17659 13041 1721 2897 7842 5500 1610 732 30282 30282 15403 10970 3030 1403 12051 9438 1684 929 PROVISION FOR LOAN LOSS 1337500 1337500 PROGRAM ADMINISTRATION 111164 110478 469 217 CONSULTING 31503 23476 8027 TELEPHONE 12016 8614 1881 1521 57183 36897 10532 9754 16041240 15680369 263917 96954 9605332 8467166 4948977 1417770 90608 69601 24220903 27811634 14851 20276 78780 53865 32431 24915 38913102 37811362 82386 118267 2909865 1041468 3000000 3000000 6384 6667 5998635 4166402 X 23261125 23057467 9653342 10587493 32914467 33644960 38913102 37811362 730493 0 X X 0 1 1 X 1 1 X 2432051 1405892 2691709 12910657 16216841 35657150 2432051 1405892 2691709 12910657 16216841 35657150 35657150 576148 358644 191945 249414 360788 1736939 37394089 414602 0.95360 0.91030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6880 2731 4149 71900 51134 20766 24915 INTEREST PAYABLE 6667 6667 16771733 16041240 730493 730493 16771733 0 16771733 0 16771733 16041240 0 16041240 0 16041240 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: HOUSING TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOUSING TRUST'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2008 THROUGH 2011 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FEDERAL AND STATE, RESPECTIVELY. LUNCHEON FUNDRAISER 129107 129107 41404 129107 129107 41404 41404 87703 1 CITY OF SAN JOSE 200 EAST SANTA CLARA STREET SAN JOSE CA 95113 946000419 CITY GOVERNMENT 13164719 NSP2 PASS THROUGH GRANT 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PUBLISHES INITIAL GRANT GUIDELINES AND ACCEPTS APPLICATIONS FROM QUALIFIED ORGANIZATIONS. THE PROGRAM COMMITTEE REVIEWS ALL GRANT APPLICANTS AND APPROVES THE AWARD OF ALL GRANTS. THE RECIPIENT ORGANIZATION MUST REPORT MONTHLY THE STATUS OF ALL GRANT FUNDS RECEIVED AND THE WAY IN WHICH THESE FUNDS HAVE BEEN DISBURSED IN ACCORDANCE WITH THE INITIAL PURPOSE. X X X X 0 0 0 0 0 0 0 0 0 KEVIN ZWICK 140539 0 19000 0 0 0 0 0 20821 0 180360 0 0 0 TREE HOUSE APARTMENTS LP BOARD MEMBER IS EXEC DIRECTOR OF ORGANIZATION SERVING AS LIMITED PARTNER 350000 RELATED PARTY LOAN 0 HILLVIEW GLEN APTS BOARD MEMBER IS EXEC DIRECTOR OF ORGANIZATION SERVING AS LIMITED PARTNER 401742 RELATED PARTY LOAN 0 PALO ALTO FAMILY LP BOARD MEMBER IS EXEC DIRECTOR OF ORGANIZATION SERVING AS LIMITED PARTNER 500000 RELATED PARTY LOAN 0 PEACOCK COMMONSBILL WILSON CENTER BOARD MEMBER IS EXEC DIRECTOR OF ORGANIZATION SERVING AS LIMITED PARTNER 500000 RELATED PARTY LOAN 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS, CARL GUARDINO AND LESLEE GUARDINO, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED FOR FILING BY THE FINANCE COMMITTEE. THE ENTIRE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING IN SUFFICIENT TIME TO POSE ANY QUESTIONS OR GIVE COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. NEW BOARD MEMBERS OR THOSE BEING CONSIDERED ARE EVALUATED TO SEE IF THERE EXIST ANY CONFLICT OF INTEREST. EMPLOYEES MUST ALSO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF THE BOARD IS EVALUATING A BUSINESS DEALING WITH AN ENTITY THAT A BOARD MEMBER HAS SOME INVOLVEMENT, THE BOARD MEMBER RECUSES THEMSELVES FROM ALL DISCUSSION AND FROM VOTING. IN ADDITION THE BOARD MEMBER ALSO EXCUSED THEMSELVES FROM THE MEETING TO ALLOW OTHER MEMBERS TO DISCUSS THE DEAL CANDIDLY. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE RELIES UPON SALARY SURVEY DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICES WHICH ARE AVAILABLE FOR INSPECTION MON TO FRI, 9AM TO 5PM. FORM 990, PART XII, LINE 2C THE COMMITTEE'S OVERSIGHT PROCESS OF THE AUDIT AND THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED. FORM 990, PART V, LINE 1C DURING THE TAX YEAR, THE ORGANIZATION DID NOT ENCOUNTER ANY SITUATIONS THAT WOULD REQUIRE BACKUP WITHHOLDING.