2024-11-15T07:18:26-08:00 2023-12-31 222639635 Polcari & Co CPAs 2035 Hamburg Turnpike Unit H Wayne NJ 07470 990 2023-01-01 113633048 TOWN OF ISLIP HOUSING DEVELOPMENT CORPORATION TOWN 6315897100 963 MONTAUK HIGHWAY OAKDALE NY 11769 JACKIE FOSTER Executive Director 2024-11-15 true true MICHAEL A MAURICE CPA P01513595 9738316969 2023 2024-10-15 13:58:12Z 963 MONTAUK HIGHWAY OAKDALE NY 11769 167955 false X N/A X 2001 NY THE TOWN OF ISLIP HOUSING DEVELOPMENT CORP WAS FORMED TO ASSIST IN EXPANDING AFFORDABLE HOUSING CHOICES AND OPPORTUNITIES TO QUALIFIED RESIDENTS OF THE TOWN OF ISLIP 4 4 0 0 0 117335 152944 228 15011 0 117563 167955 0 0 0 0 0 114420 116754 114420 116754 3143 51201 1676598 1727167 49631 53697 1626967 1673470 TO ACQUIRE, CONSTRUCT AND PROVIDE AFFORDABLE RENTAL PROPERTY AND AFFORDABLE HOUSING INITIATIVES USED IN CONJUNCTION WITH VARIOUS PROGRAMS, SUCH AS THE SECTION 8 HOUSING CHOICE VOUCHER PROGRAM, AND TO ESTABLISH AND PROVIDE A PROGRAM FOR FIRST-TIME HOMEBUYERS WITH TEH TOWN OF ISLIP HOUSING AUTHORITY. THE PROGRAM WILL PROVIDE GRANT FUNDS TO FURTHER AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND MAINTAIN LONG-TERM VIABILITY OF AFFORDABLE HOUSING PROPERTIES.TO DATE, THE ORGANIZATION HAS CONSTRUCTED IN BAY SHORE ONE NEW 2-FAMILY DWELLING, WHICH IS OCCUPIED BY TWO LOW-INCOME RENTAL FAMILIES AN DONE NEW 3-FAMILY DWELLING, WHICH IS OCCUPIED BY THREE LOW INCOME RENTAL FAMILIES. OUR TUDOR LANE FIRET-TIME HOMEBUYER PROGRAM (18 UNITS) WAS COMPLETED WITH THE SALE OF 18 AFFORDABLE 2-4 BEDROOM HOMES TO FEW FIRST TIME HOMEBUYERS. tHE PROPERTIES CONTINUE TO BE HELD BY THE BUYERS, AND THE ORGANIZATION HOLD EQUITY MORTGAGES WHERE THE FAMILIES ARE RELIEVED FO THER OBLIGATION TO REPAY IF THE PROPERTIES AE U false false 71645 To provide and maintain Affordable Housing to low-income families in conjunction with various programs. Includes one two family dwelling and one three family dwelling located in Bay Shore, NY.The program also provides a Grant programs to further assist families to get into Assisted Housing helping with security deposit payments. Looks for programs to provide Grant payments / Program Assistance to, in partnership with local not-for-profit / Affordable Housing focused agencies. 71645 true false false false false false false false false false true false false true true false false true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 4 4 false false false false false false false false false false false true false false false false false false NY X TOWN OF ISLIP HOUSING AUTH 6315897100 963 MONTAUK HIGHWAY OAKDALE NY 11769 X MARY HOMES REID Director 2.00 0.00 X 0 0 0 JACKIE FOSTER President 2.00 0.00 X 0 0 0 GRACE SCHLOSSER Treasurer 2.00 0.00 X 0 0 0 DOROTHY COURTEN Vice President 2.00 0.00 X 0 0 0 0 false false false 0 0 TENANT RENTAL REVENUE 152944 152944 152944 15011 15011 0 0 0 0 0 0 0 0 167955 152944 15011 0 0 0 0 0 0 0 0 0 0 40000 40000 5093 5093 0 0 0 0 5109 5109 0 0 0 0 0 0 0 0 0 0 33581 33581 5920 5920 MAINTENANCE CONTRACTS 10723 10723 UTILITIES 6232 6232 PROTECTIVE SERVICES 6151 6151 TENANT SERVICES EXPENSE 1323 1323 2622 2622 116754 71645 45109 0 461773 281811 252261 0 16881 13950 0 0 0 0 6481 19669 1454794 409942 1078433 1044852 0 0 0 0 113030 114624 1676598 1727167 39613 39400 734 313 9284 13984 49631 53697 X 1626967 1673470 1626967 1673470 1676598 1727167 X 51201 -4698 X false false false X 0 0 0 0 0 0 0 0 0 0 0 0 X 0.00000 0.00000 438125 438125 1007431 400614 606817 9238 9328 -90 1044852 INVESMENTS 50000 INVESTMENTS 19543 MORTGAGES & OTHER NOTES 45081 114624 PILOT 2998 Rounding 2 SECURITY DEPOSITS 10984 13984 Form 990, Part VI, Section B, Line 11b TEH BOARD REVEIWS THE FORM 990 BEFORE IT IS FILED. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 to adjust opening balances to agree to audited financial stm = -$4698 TOWN OF ISLIP HOUSING AUTHORITY 963 MONTAUK HWY OAKDALE NY 11769 PROVIDES HOUSING TO QUALIFIED LOW INCOME N/A false false false false false false false false false false false false false false false false false false false false