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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>1</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
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      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>1</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>1</FederalGrantAuditPerformed>
    </IRS990>
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        <Total>54720157</Total>
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        <Total>0</Total>
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      <ValueSrvcFcltsFurnishedByGovt>
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        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <Total>0</Total>
      </ValueSrvcFcltsFurnishedByGovt>
      <Total170>
        <CurrentTaxYearMinus4Years>10348521</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>9603985</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>11146064</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>10086403</CurrentTaxYearMinus1Year>
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        <Total>54720157</Total>
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      <PublicSupportTotal170>54720157</PublicSupportTotal170>
      <GrossInvestmentIncome170>
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        <CurrentTaxYearMinus3Years>484997</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>72992</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>0</CurrentTaxYear>
        <Total>870897</Total>
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      <NetUBI>
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        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
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        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
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        <CurrentTaxYearMinus1Year>74084</CurrentTaxYearMinus1Year>
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      <PublicSupportPertcentage170>0.96062</PublicSupportPertcentage170>
      <PublicSupportPertcentPriorYear>0.92314</PublicSupportPertcentPriorYear>
      <ThirtyThreePercntTestsCY170>X</ThirtyThreePercntTestsCY170>
      <GeneralExplanation>OTHER INCOME</GeneralExplanation>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="R000003" softwareId="09000073" softwareVersion="v1.00">
      <Land>
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        <OtherCostOrOtherBasis>4621283</OtherCostOrOtherBasis>
        <BookValue>4621283</BookValue>
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        <OtherCostOrOtherBasis>18962245</OtherCostOrOtherBasis>
        <Depreciation>6050999</Depreciation>
        <BookValue>12911246</BookValue>
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      <LeaseholdImprovements>
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        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
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        <BookValue>0</BookValue>
      </LeaseholdImprovements>
      <Equipment>
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        <OtherCostOrOtherBasis>235479</OtherCostOrOtherBasis>
        <Depreciation>37836</Depreciation>
        <BookValue>197643</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>0</InvestmentCostOrOtherBasis>
        <OtherCostOrOtherBasis>0</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>17730172</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>RESERVE FUNDS</Description>
        <BookValue>421565</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>421565</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>TENANT SECURITY DEPOSITS</Description>
        <Amount>83514</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>83514</TotalOfAmounts>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P10_S00_L00</Identifier>
        <ReturnReference>Schedule D, Part X</ReturnReference>
        <Explanation>TENANT SECURITY DEPOSITS</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="R000004" softwareId="09000073" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11</ReturnReference>
        <Explanation>THE FORM 990 IS REVIEWED BY THE PRESIDENT AND TREASURER BEFORE IT IS SIGNED AND ELECTRONICALLY SUBMITTED TO THE IRS. THE PRESIDENT AND TREASURER SHARE THE RESULTS OF THEIR REVIEW WITH THE BOARD OF DIRECTORS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L12c</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 12c</ReturnReference>
        <Explanation>CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY MANAGEMENTAND BOARD MEMBERS ON AN AS NEEDED BASIS IN ACCORDANCE WITH WLCAC'S WRITTEN POLICY.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>THE BOARD OF DIRECTORS IS RESPONSIBLE FOR REVIEWING AND APPROVING THE RECOMMENDATION MADE BY THE AD HOC COMMITTEE ON PERSONNEL COMPENSATION AND BENEFITS. THE COMMITTEE USES SALARY RANGE SCALE TO SET ALL SALARIES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>ALL GOVERNING DOCUMENTS ARE MAINTAINED IN OUR MAIN OFFICE AND ARE AVAILABLE FOR REVIEW UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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</Return>