Orange 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

OHDC WAS ESTABLISHED TO EXPAND HOUSING OPPORTUNITIES FOR LOW-INCOME HOUSEHOLDS AS A NONPROFIT DEVELOPER AND HAS WORKED WITH A VARIETY OF LOCAL JURISDICTIONS IN BUILDING, ACQUIRING, RENOVATING AND MANAGING PERMANENT AFFORDABLE HOUSING UNITS TO LOW-INCOME FAMILIES AND SENIORS. HOUSING IS PROVIDED BY OWNING PROPERTIES OUTRIGHT OR AS A GENERAL PARTNER IN HOUSING PARTNERSHIPS. MISSION-BASED PARTICIPATION IN PARTNERSHIPS AND LLCTO FOSTER HOUSING FOR LOW-INCOME FAMILIES AND SENIORS OHDC PARTICIPATES IN SECTION 42 LIMITED PARTNERSHIPS WHICH QUALIFY UNDER THE LOW-INCOME HOUSING TAX CREDIT PROGRAM. THE OWNERSHIP PERCENTAGE AS THE NONPROFIT PARTNER IS GENERALLY 1% OR LESS AND FOR MANY PROJECTS THE UP-FRONT CAPITAL CONTRIBUTIONS IS NOT REQUIRED OR INSIGNIFICANT. PARTICIPATION IN HOUSING PARTNERSHIPS IS AN EXTENSION OF THE MISSION TO PROVIDE LONG-TERM AFFORDABLE HOUSING.