2025-11-17T07:42:37-06:00 2024-12-31 260794367 UHY ADVISORS MID-ATLANTIC INC 8601 ROBERT FULTON DRIVE SUITE 210 COLUMBIA MD 21046 990 2024-01-01 461508330 COLUMBIA DOWNTOWN HOUSING CORPORATION COLU 4109353379 9820 PATUXENT WOODS DR 224 COLUMBIA MD 21046 JOLLY BURKS TREASURER 4432594927 2025-11-14 1 0 KATSIARYNA VASILIEV P02167272 4107205220 2025-11-14 2024 2025-03-06 01:10:19Z JOLLY BURKS 9820 PATUXENT WOODS DR 224 COLUMBIA MD 21046 459008 0 X N/A X 2012 MD TO MAKE LOW-INCOME HOUSING AVAILABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 12 12 0 0 0 0 64415 66686 13246 0 324868 392322 0 0 402529 459008 0 0 0 0 0 0 0 0 0 143296 130504 143296 130504 259233 328504 8972775 9365762 3300 2790 8969475 9362972 X TO MAKE AFFORDABLE HOUSING AVAILABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 0 0 61096 66686 CDHC WORKS WITH THE COUNTY ADMINISTRATION (THE "COUNTY"), THE HOWARD RESEARCH AND DEVELOPMENT CORPORATION ("HRD"), AND HOWARD COUNTY HOUSING COMMISSION (THE "COMMISSION") TO IMPLEMENT THE VARIOUS OBJECTIVES FOR AFFORDABLE HOUSING IN DOWNTOWN COLUMBIA, MARYLAND. THESE FOUR PARTIES, CDHC, HRD, THE COMMISSION, AND THE COUNTY, ENTERED INTO A LONG-TERM PARTNERSHIP WRITTEN AGREEMENT TITLED "AGREEMENT FOR AFFORDABLE HOUSING DOWNTOWN COLUMBIA" ( 4-PARTY AGREEMENT) ON FEBRUARY 3, 2017, WHICH IS TO BE READ IN CONFORMITY WITH THE DEVELOPMENT RIGHTS AND RESPONSIBILITIES AGREEMENT ("DRRA") EXECUTED BY THE COUNTY AND HRD ON THAT SAME DATE. IN 2024, SIX (6) VERY LOW INCOME HOUSING UNITS (VLIU) AT MARLOW WERE MODIFIED TO BE FULLY ACCESSIBLE FOR PEOPLE WITH PHYSICAL DISABILITIES. CDHC PAID THE COST FOR THE MODIFICATIONS AND THE HOWARD COUNTY HOUSING COMMISSION (HCHC) IS LEASING THE UNITS. INCLUDING THESE 6 UNITS, THERE ARE A TOTAL OF 54 INCLUSIONARY UNITS IN THE MERRIWEATHER DISTRICT; 24 AT JUNIPER AND 30 AT MARLOW. HALF OF THESE UNITS ARE LEASED TO PEOPLE WITH INCOMES AT OR BELOW 80% OF THE HOWARD COUNTY AREA MEDIAN INCOME (HCAMI), APPROXIMATELY $73,000 FOR A ONE-PERSON HOUSEHOLD IN 2024. THE OTHER HALF ARE LEASED TO VOUCHER HOLDERS OR PEOPLE WITH INCOMES AT OR BELOW 50% HCAMI. UNDER THE DRRA, CDHC SHALL USE ITS COMMERCIAL FEE REVENUE TO ASSIST THE COMMISSION IN COVERING THE UTILITY COSTS FOR THE VLIUS. IN 2024, CDHC CONTINUED TO ASSIST IN COVERING THE UTILITY COSTS FOR THE VLIUS AT MARLOW AS WELL AS AT JUNIPER. 44375 THE DRRA REQUIRES HRD TO PROVIDE CDHC WITH AN AMOUNT INTENDED TO BE AT LEAST $7,775,000 TO SUPPORT A LIVE-WHERE-YOU-WORK PROGRAM ("LWYW") WITHIN DOWNTOWN COLUMBIA, MD. CDHC HAS DEVELOPED A PROGRAM WHICH PROVIDES RENTAL SUBSIDIES TO EMPLOYEES WHO RENT IN DOWNTOWN COLUMBIA, MD. THE SUBSIDIES ARE EQUAL TO THE DIFFERENCE BETWEEN THE MARKET RENT FOR THE RENTAL UNIT AND THE LIHU RENT OR THE MIHU RENT FOR THE UNIT (BASED ON THE TENANT FAMILY INCOME). CDHC IMPLEMENTED THE LWYW RENTAL ASSISTANCE PROGRAM IN 2019. THE RESULT IS ENABLING LOW- AND MODERATE-INCOME HOUSEHOLDS TO RENT AT BELOW MARKET RATES FOR UP TO 3 YEARS. THERE ARE TWO TYPES OF THE LIVE WHERE YOU WORK PROGRAM: EMPLOYER/CDHC FUNDED LWYW PROGRAM (50/50) AND AMERICAN RESCUE PLAN / CDHC FUNDED LWYW PROGRAM (ARP). A TOTAL OF 19 EMPLOYEES AND THEIR FAMILIES HAVE BENEFITTED FROM LWYW. IN 2024, ONE NEW EMPLOYEE JOINED THE PROGRAM BRINGING THE TOTAL NUMBER OF EMPLOYEES ASSISTED IN 2024 TO TWELVE (12). THE DRRA DESIGNATES FIVE SITES IN DOWNTOWN TO BE DEVELOPED AS LOW-INCOME HOUSING TAX CREDIT ("LIHTC") PROJECTS. THE PROJECTS WILL BE LOCATED ON LAND OR IN AIR RIGHTS CONVEYED TO THE COMMISSION BY EITHER HRD OR THE COUNTY.ARTIST FLATS. PROGRESS WAS MADE IN 2024 DESPITE SIGNIFICANT OBSTACLES AND ARTISTS FLATS CLOSED ON ITS FINANCING IN LATE DECEMBER 2024. CDHC DISBURSED $1.767 MILLION OF A TOTAL $3.5 MILLION LOAN COMMITMENT TO THE ARTISTS FLATS PROJECT IN DECEMBER. A GROUNDBREAKING IS ANTICIPATED IN THE SPRING OF 2025. BANNEKER FIRE STATION. THERE WERE REGULAR UPDATES TO CDHC ON THE STATUS OF THE LIHTC PROJECTS THROUGHOUT 2024. CDHC CONTINUED TO MONITOR THE 2025 BUDGET PROCESS AND AGAIN OFFERED TESTIMONY IN SUPPORT OF FUNDING FOR THE NORTH COLUMBIA FIRE STATION, THE NEW BANNEKER FIRE STATION AND OTHER LIHTC PROJECTS. 105471 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 X JOLLY BURKS TREASURER 4109353379 9820 PATUXENT WOODS DR SUITE 224 COLUMBIA MD 21046 X REV MARY KA KANAHAN BOARD CHAIR, PRESIDENT 6.00 X X 0 0 0 CHRISTOPHER J FRITZ DIRECTOR, SECRETARY 2.00 X X 0 0 0 JOLLY BURKS DIRECTOR, TREASURER 2.00 X X 0 0 0 JOHN DEZINNO DIRECTOR 1.00 X 0 0 0 BETHANY HOOPER DIRECTOR 1.00 X 0 0 0 PETER MORGAN DIRECTOR 1.00 X 0 0 0 RUSSELL SNYDER DIRECTOR 1.00 X 0 0 0 PATRICIA SYLVESTER DIRECTOR 1.00 X 0 0 0 REV DR ROBERT TURNER DIRECTOR 1.00 X 0 0 0 JERYL BAKER DIRECTOR THRU 1/23/24 1.00 X 0 0 0 GARY GAROFALO DIRECTOR THRU 1/23/24 1.00 X 0 0 0 HEATHER SHERIDAN DIRECTOR 1.00 X 0 0 0 ANNE BRINKER DIRECTOR 1.00 X 0 0 0 JIM BECK DIRECTOR 1.00 X 0 0 0 GREGORY FITCHITT DIRECTOR, EX-OFFICIO 1.00 X 0 0 0 0 0 0 0 0 0 0 0 66686 66686 392322 392322 459008 0 0 392322 3300 3300 13655 13655 12765 9975 2790 223 223 723 723 3977 3977 UTILITY SUBSIDIES 61096 61096 RENT SUBSIDIES 34400 34400 ASSOCIATION DUES 365 365 130504 105471 25033 0 8540 7868 8923300 7553623 40935 37035 1767236 8972775 9365762 3300 2790 3300 2790 X 8969475 9362972 8969475 9362972 8972775 9365762 328504 64993 0 X 0 0 0 X 47870 49055 53076 64415 66686 281102 47870 49055 53076 64415 66686 281102 42711 238391 118201 19831 62436 324868 392322 917658 1198760 73936 0.19890 X 0.30550 0.69450 TEN-PERCENT SUPPORT LIMITATION - AS CALCULATED IN SCHEDULE A, PART II, SECTION C, LINE 14, THE TOTAL PUBLIC SUPPORT PERCENTAGE FOR 2024 IS 19.89%.BACKGROUND AND ACTIVITIES OF THE ORGANIZATION:IN 2012, HOWARD COUNTY (THE "COUNTY") WAS CONSIDERING LEGISLATION GOVERNING THE DEVELOPMENT OF DOWNTOWN COLUMBIA. ONE OF THE ISSUES WAS HOW THE COUNTY COULD ACHIEVE A SIGNIFICANT AMOUNT OF LOW AND MODERATE INCOME HOUSING. THE COUNTY DECIDED TO CAUSED TO BE FORMED A CORPORATION (CDHC) WHICH WOULD RECEIVE FEES FROM DEVELOPERS AS THEY DEVELOPED LAND FOR RESIDENTIAL USE AND THAT WOULD OTHERWISE BE PAYABLE TO THE COUNTY. CDHC IS REQUIRED TO ADHERE TO THE LEGISLATION IN USING THE FUNDS TO ACCOMPLISH THE COUNTY'S OBJECTIVES. WHILE THE DEVELOPER PAYS THE FUNDS DIRECTLY TO CDHC, THE AMOUNT, MANNER AND TIMING OF THE PAYMENTS ARE AS PRESCRIBED IN THE LEGISLATION. CDHC IS ACTING ON BEHALF OF THE COUNTY IN ACHIEVING THE COUNTY'S GOVERNMENTAL OBJECTIVES AS STATED IN THE LEGISLATION. FURTHERMORE, THE COUNTY COULD AMEND THE LEGISLATION TO PROVIDE THAT FUNDS BE PAID BY THE DEVELOPER TO THE COUNTY AND THE COUNTY WOULD THEN PROVIDE THE FUNDS TO CDHC. THE COUNTY'S HOUSING DEPARTMENT (THE "DEPARTMENT") AND REPRESENTATIVES THEREOF WORK CLOSELY WITH AND ATTEND CDHC'S BOARD MEETINGS. THE DEPARTMENT SUPPLIES ADMINISTRATION SERVICES TO CDHC AND ALSO PROVIDES SERVICES IN ADMINISTERING CDHC'S LIVE WHERE YOU WORK PROGRAM (LWYW) AUTHORIZED BY THE COUNTY. THE HOWARD COUNTY HOUSING COMMISSION (THE "COMMISSION") WILL OWN AND DEVELOP A SUBSTANTIAL AMOUNT OF THE LOW AND MODERATE HOUSING PROJECTS IN THE DOWNTOWN. CDHC ANTICIPATES THAT A SUBSTANTIAL PERCENTAGE OF ITS FUNDS WILL BE USED TO FINANCE THOSE PROJECTS.ATTRACTION OF PUBLIC SUPPORT - CDHC WORKS WITH THE COUNTY ADMINISTRATION (THE "ADMINISTRATION"), THE HOWARD RESEARCH AND DEVELOPMENT CORPORATION ("HRD"), SCHOOL BOARD, LIBRARY SYSTEM AND THE COMMISSION TO IMPLEMENT THE VARIOUS OBJECTIVES FOR AFFORDABLE HOUSING IN DOWNTOWN COLUMBIA, MARYLAND. CDHC'S ACTIVITIES ARE CONSISTENT WITH THE INTENT TO ATTRACT SUPPORT FROM GOVERNMENTAL UNITS AND OTHER PUBLIC CHARITIES.PERCENTAGE OF FINANCIAL SUPPORT - CDHC RECEIVED 19.89% AND 30.55% OF ITS SUPPORT FROM THE PUBLIC IN 2024 AND 2023, RESPECTIVELY, FOR THE PREVIOUS FIVE YEAR PERIOD, WHICH IS SIGNIFICANTLY HIGHER THAN THE TEN-PERCENT LIMITATION.SOURCES OF SUPPORT - CDHC'S SUPPORT IS FROM A COMBINATION OF PUBLICLY SUPPORTED NONPROFITS AND FROM CORPORATIONS DEVELOPING IN HOWARD COUNTY.REPRESENTATIVE GOVERNING BODY - BOARD MEMBERS ARE ACTIVE IN THE HOWARD COUNTY COMMUNITY AND ACTIVELY PARTICIPATE IN HOUSING ISSUES. THEY REPRESENT BROAD INTERESTS OF ALL HOWARD COUNTY RESIDENTS AND THE PUBLIC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 0 0 0 0 1 0 0 0 0 PART II - B, LINE 1 IN 2024, CDHC CONTINUED TO SPEND TIME ADVOCATING AND COLLABORATING WITH ITS PARTNERS, THE COUNTY AND COMMISSION TO KEEP ARTISTS FLATS AND OTHER ADDITIONAL AFFORDABLE HOUSING DEVELOPMENTS MOVING FORWARD. FORM 990, PART VI, SECTION A, LINE 8B CDHC HAS COMMITTEES THAT WORK ON PROGRAMS AND ADMINISTRATION. THE COMMITTEES DO NOT MAINTAIN MINUTES FOR THEIR MEETINGS AND ACTIVITIES. THE COMMITTEES DO NOT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE BOARD MEMBERS FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER AND MEMBER OF A COMMITTEE IS REQUIRED TO SIGN A STATEMENT ANNUALLY REGARDING THE CONFLICTS OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.