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      <LandBuildingsEquipmentBasis>412174</LandBuildingsEquipmentBasis>
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      <LandBuildingsEquipmentBasisNet>
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      <OtherAssetsTotal>
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      <TotalAssets>
        <BOY>6688962</BOY>
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      <OtherLiabilities>
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      <TotalLiabilities>
        <BOY>3727355</BOY>
        <EOY>2728450</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
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      <TotalNetAssetsFundBalances>
        <BOY>2961607</BOY>
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      <TotalLiabNetAssetsFundBalances>
        <BOY>6688962</BOY>
        <EOY>5637703</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-52354</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA" softwareId="11000144" softwareVersion="2011v1.5">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
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        <CurrentTaxYearMinus3Years>154610</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>964711</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>431082</CurrentTaxYearMinus1Year>
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        <Total>3715109</Total>
      </GiftsGrantsContribReceived170>
      <TaxRevLeviedForOrgBenefit170>
        <Total>0</Total>
      </TaxRevLeviedForOrgBenefit170>
      <ValueSrvcFcltsFurnishedByGovt>
        <Total>0</Total>
      </ValueSrvcFcltsFurnishedByGovt>
      <Total170>
        <CurrentTaxYearMinus4Years>1659310</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>154610</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>964711</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>431082</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>505396</CurrentTaxYear>
        <Total>3715109</Total>
      </Total170>
      <AmountsSubstContributorsTotal>0</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>3715109</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <CurrentTaxYearMinus4Years>24082</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>15460</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>401</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1</CurrentTaxYearMinus1Year>
        <Total>39944</Total>
      </GrossInvestmentIncome170>
      <NetUBI>
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      <OtherIncome170>
        <Total>0</Total>
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      <TotalSupport>3755053</TotalSupport>
      <PublicSupportPertcentage170>0.98940</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.98460</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="11000144" softwareVersion="2011v1.5">
      <Land>
        <OtherCostOrOtherBasis>385466</OtherCostOrOtherBasis>
        <BookValue>385466</BookValue>
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      <Buildings>
        <OtherCostOrOtherBasis>1066747</OtherCostOrOtherBasis>
        <Depreciation>106836</Depreciation>
        <BookValue>959911</BookValue>
      </Buildings>
      <LeaseholdImprovements>
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        <Depreciation>43968</Depreciation>
        <BookValue>36044</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <OtherCostOrOtherBasis>21040</OtherCostOrOtherBasis>
        <Depreciation>18340</Depreciation>
        <BookValue>2700</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>-1141091</OtherCostOrOtherBasis>
        <Depreciation>6975</Depreciation>
        <BookValue>-1148066</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>236055</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>PROPERTY HELD FOR SALES</Description>
        <BookValue>1269972</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>HOME BUYERS ASSISTANCE</Description>
        <BookValue>3889225</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>5159197</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>NOTE PAYABLE TO TOWN OF MAMMOTH LAKES</Description>
        <Amount>900000</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>NOTE PAYABLE TO TOWN OF MAMMOTH LAKES</Description>
        <Amount>853000</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>MORTGAGE PAYABLE ON OFFICE SPACE</Description>
        <Amount>156631</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>LOAN PAYABLE TO CALHFA HELP</Description>
        <Amount>740426</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Amount>-40000</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>2610057</TotalOfAmounts>
      <TotalRevenue>421710</TotalRevenue>
      <TotalExpenses>474064</TotalExpenses>
      <ExcessOrDeficitForYear>-52354</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>-52354</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>421710</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>421710</RevenueSubtotal>
      <TotalRevenuePerForm990>421710</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>474064</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>474064</ExpensesSubtotal>
      <TotalExpensesPerForm990>474064</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="11000144" softwareVersion="2011v1.5">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>No documents available to the public.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>FORM 990 RECONCILIED TO ANNUAL AUDIT OF ORGANIZAITON.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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      <Form990ScheduleRPartI>
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          <BusinessNameLine1>SIERRA HOUSING ADVOCATES LLC</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>587 OLD MAMMOTH ROAD 5</AddressLine1>
          <City>MAMMOTH LAKES</City>
          <State>CA</State>
          <ZIPCode>93546</ZIPCode>
        </AddressUS>
        <EIN>900741235</EIN>
        <PrimaryActivities>TO PROVIDE AFFORDABLE HOUSING TO WORKFORCE OF M. LAKES</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <TotalIncome>5569</TotalIncome>
        <EOYAssets>186246</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>MAMMOTH LAKES HOUSING</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
    </IRS990ScheduleR>
  </ReturnData>
</Return>