Genesis Housing Development Corporation

Revenue, expenses, and employee compensationIRS Form 990 totals for revenue, expenses, and employee compensation (salaries, other compensation, and employee benefits).

Mission Statement

GHDC had a variety of programs, including Community Education Programs that provided counseling, advise, and financial support for homebuyers, as well as homeowners that are in danger of losing their homes to foreclosure or nonpayment of mortgage. There is also a Real Estate Development Program that buys foreclosed single family houses or two flats and rehabs them and either sells them to low income individuals or rents them to section 8 low income individuals. Finally, GHDC has Illinois DCEO Weatherization and REAT Programs, which helps low income homeowners to properly weatherize their homes to save on gas and electricity and helps defray the repair and/or replacement costs of furnances, heaters, and air conditioners.