2025-02-03T15:31:47-05:00 2024-09-30 030302296 KITTELL BRANAGAN & SARGENT 154 N MAIN ST ST ALBANS VT 05478 990 2023-10-01 030305214 THE HOUSING FOUNDATION INC HOUS 8028283006 PO BOX 157 MONTPELIER VT 05602 CORY B RICHARDSON PRESIDENT 8028283003 2024-11-13 true true ROBIN BARNETT CPA P01282009 8025249531 2025-01-27 2023 2025-03-06 01:10:19Z CORY B RICHARDSON 1021 PAINE TURNPIKE N BERLIN VT 05602 16066357 false X WWW.HFIVT.ORG X 1986 VT THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. 7 7 0 0 1331067 8623924 5396600 7404209 -8556302 34114 3854 0 -1824781 16062247 0 0 5238 0 0 0 5056217 6579709 5061455 6579709 -6886236 9482538 27816074 36321926 15133728 14157042 12682346 22164884 X THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. false false 6355836 7404209 RENTAL OF LOW INCOME HOUSING. AT THE CLOSE OF THE YEAR, THE CORPORATION OWNED AND/OR OPERATED 1,240 UNITS OF HOUSING. 208403 ACQUISITION OF LOW INCOME HOUSING STOCK FOR THE PURPOSE OF PRESERVING AFFORDABLE HOUSING. 6564239 true true false false false false false false false false true false false false false true true false false false false false false false false false false false false false true false true false false false false false true false false true false false false false true false false false true 58 0 true 0 false false false false false false false false false false false false X 7 7 false true false false false false false true true false false true true true true false false true false false X X KELLY PEMBROKE 8028283006 1 PROSPECT STREET MONTPELIER VT 056023556 X ALISON J BELL BOARD MEMBER 2.00 X 0 0 0 KATHLEEN BERK SECRETARY 2.00 X X 0 0 0 ALEX FARRELL VICE PRESIDE 2.00 X X 0 0 0 MARY HOUGHTON TREASURER 2.00 X X 0 0 0 DAVID MUZZY BOARD MEMBER 2.00 X 0 0 0 CORY B RICHARDSON PRESIDENT 2.00 X X 0 0 0 JO ANN TROIANO BOARD MEMBER 2.00 X 0 0 0 false false false FECTEAU RESIDENTAL INC PO BOX 703 BARRE VT 05641 852114 VERMONT STATE HOUSING AUTHORITY 1 PROSPECT STREET MONTPELIER VT 05602 ACCT./MGMNT 552325 GREEN MOUNTAIN POWER CORP PO BOX 1611 BRATTLEBORO VT 05302 GENERAL CONTRAC 104234 3 8441514 182410 8441514 8623924 PROJECT/MHP RENTS 531310 7316574 7316574 OTHER INCOME 531310 73810 73810 DEVELOPMENT FEES 531310 13825 13825 7404209 38224 38224 4110 -4110 -4110 -4110 16062247 7400099 38224 1291888 1291888 286871 282421 4450 3341449 3341449 208403 208403 914088 914088 233560 225206 8354 OTHER ADMIN 180934 180934 COLLECTION LOSSES 99196 99196 GRANT EXPENSE 20654 20654 DEVELOPMENT EXPENSES 2666 2666 6579709 6564239 15470 0 3538183 4588064 4297798 4900067 202901 352402 1111450 162450 12796 15245 42939073 17814274 17458516 25124799 563282 563282 631148 615617 27816074 36321926 1082181 1417965 149214 145732 1450007 1251448 12452326 11341897 15133728 14157042 X 11203943 20686481 1478403 1478403 12682346 22164884 27816074 36321926 9482538 X false true X true true true X 76830 44557 116168 1331067 182410 1751032 76830 44557 116168 1331067 182410 1751032 1751032 25876 8232 8923 44429 38224 125684 1876716 34076019 0.93300 0.93740 X SUPPORTING SCHEDULE MOBILE HOME PARKS 8,441,514 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13366263 13366263 18660517 10944956 7715561 9340770 6624050 2716720 1552990 245268 1307722 18533 18533 25124799 X 16062247 16062247 16062247 6579709 6579709 6579709 SCHEDULE D, PAGE 3, PART X CONSIDERATION HAS BEEN GIVEN TO UNCERTIAN TAX POSITIONS. THE FEDERAL INCOME TAX RETURNS FOR THE YEARS ENDED AFTER SEPTEMBER 30, 2021, REMAIN OPEN FOR POTENTIAL EXAMINATION BY MAJOR TAX JUREISDICTIONS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. A TD BANKNORTH - 2003 BOND 030305214 2003-04-15 6475000 AFFORDABLE HOUSING true false false A 6475000 6475000 2003 false false true true A false false false false false false true A false false false false false false false false false A false PURPOSE OF ISSUE DESCRIPTION TD BANKNORTH - 2003 BOND AFFORDABLE HOUSING CORY RICHARDSON PRESIDENT 74906 LOANS - NSB TO ORG false X 2 8441514 false false false FORM 990 - ORGANIZATION'S MISSION THE HOUSING FOUNDATION, INC. PROVIDES SAFE, DECENT HOUSING AFFORDABLE TO PEOPLE WITH LOW INCOME THROUGHOUT VERMONT THROUGH OUR 234 UNITS IN 11 PROPERTIES AND PROMOTING AFFORDABLE HOME OWNERSHIP THROUGH OUR 1,006 LOTS IN 18 PARKS. WE ARE CONTINUALLY LOOKING TO EXPAND ACCESS TO AFFORDABLE HOUSING BY PRESERVING EXISTING UNITS THROUGH ACQUISITION AND DEVELOPING NEW PROPERTIES TO GROW THE AVAILABLE HOUSING STOCK. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION DELEGATES MANAGEMENT DUTIES TO VERMONT STATE HOUSING AUTHORITY AND DOWNSTREET HOUSING AND COMMUNITY DEVELOPMENT. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE THE BOARD OF THE HOUSING FOUNDATION, INC. AND SIGNED UPON APPROVAL. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS ADOPTED BY THE BOARD OF DIRECTORS. EACH DIRECTOR SIGNS A COPY OF THE POLICY TO ENSURE THAT THEY UNDERSTAND THAT ALL CONFLICTS OR POTENTIAL CONFLICTS MUST BE DISCLOSED. THESE DISCLOSURES ARE KEPT IN A CURRENT FILE. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. VSHA 1 PROSPECT STREET MONTPELIER VT 05602 030221655 HOUSING VT 6 N/A false VILLAGE APARTMENTS LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030323996 HOUSING VT NA RELATED 595 14638 false true 0.01000 WILLIAMSTOWN HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 030330681 HOUSING VT NA RELATED -247 10916 false true 0.05000 BRANDON HOUSING LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030337059 HOUSING VT NA RELATED -65 32773 false true 0.01000 MIDDLEBURY HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 010442720 HOUSING VT NA RELATED 848 96717 false true 0.05000 HOLLOW DRIVE HOUSING LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030369483 HOUSING VT NA RELATED -34 83072 false true 0.02500 WHITE RIVER HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 721543622 HOUSING VT NA RELATED -21694 438936 false true 0.00100 UPPER VALLEY HOUSING ASSOCIATES ONE PROSPECT STREET MONTPELIER VT 05602 721543628 HOUSING VT NA RELATED -110 275566 false true 0.01000 RIVER BEND HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 263302612 HOUSING VT NA RELATED -11 198301 false true 0.05000 DEPOT II HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 451617291 HOUSING VT NA RELATED -4 110316 false true 0.00010 SWANTON HOUSING ASSOCIATES I LP PO BOX 157 MONTPELIER VT 05602 452989591 HOUSING VT NA RELATED -8 88263 false true 0.00010 VVII HOUSING ASSOCIATES LP ONE PROSPECT STREET MONTPELIER VT 05602 462108863 HOUSING VT NA RELATED -5 101682 false true 0.05000 HILLCREST VIEWS LIMITED PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 030321817 HOUSING VT NA RELATED 37 1200459 false false 0.95000 HOLLISTER HILL HOUSING ASSOC LP PO BOX 157 MONTPELIER VT 05601 820789090 HOUSING VT N/A RELATED -8 87762 false true 0.00010 MEADOWLANE HOUSING PARTNERSHIP ONE PROSPECT STREET MONTPELIER VT 05602 260445242 HOUSING VT N/A RELATED -16 398207 false false 0.00010 false false true true false false false false false false false true true false false true true false false VSHA C 8441514 FMV