2025-08-19T16:21:28-04:00 2024-12-31 990EZ 2024-08-01 994258898 Texas Homes Community Development Financial Institution % Richard L Buquet TEXA 9724146894 2909 Broadway Blvd Garland TX 75041 Richard Buquet President CEO 2025-08-20 false 2024 2025-03-06 01:10:19Z X X www.texashomescdfi.com X X 75208 X 75000 208 0 0 0 75208 10000 10000 65208 0 0 65208 X 0 25208 0 40000 0 65208 0 65208 The corporation is organized and shall operate exclusively for charitable purposes and any other purpose described in Section 501c3 of the Internal Revenue Code the Code or any corresponding provisions of future United States Revenue Laws. Subject in any event to the foregoing the specific purposes of the corporation shall include without limitation: to operate as a Community Development Financial Institution CDFI certified by the Community Development Financial Institutions Fund the CDFI Fund in order to engage in mortgage loan origination as a loan fund that provides financing to affordable housing providers and financing and technical assistance to small businesses microenterprises affordable housing developers and or community service and development organization all for the purpose of providing services that expand homeownership opportunities to underserved individuals and families consistent with the requirements and guidelines of the CDFI Programs. We paid a bank origination fee for a line of credit received from our bank. We will be able to use this line of credit to offer loan funds to underserved individuals affordable housing developers and or community service and development organizations. 0 10000 A one-time start-up contribution by Habitat for Humanity of Greater Garland TX to start our organization in 2024. 75000 0 10000 Richard L Buquet II President CEO 10 0 0 0 Cameron Johnson Chairman 10 0 0 0 Josh Kesterson Vice Chairman 10 0 0 0 false false false false false false false false false TX Richard L Buquet II 2909 Broadway Blvd Garland TX 75041 9724146894 false false false false false false false false false false false NONE NONE true X 0 0 0 0 75000 75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75000 75000 0 75000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 75000 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Part I, line 16 | Other Expenses:, Amount:| Bank origination fee, $10000.00| Part II, line 24 | Asset Name:, BOY Amount:, EOY Amount:| Organizations share of assets, 0, $40000| We were waiting for the IRS to approve our tax exemption status. We received notice from the IRS on July 24 2025 that we have been determined exempted from federal income tax under IRC Section 501c3 effective July 8 2024.