2026-08-10T09:37:09-05:00 2025-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-10-01 621632388 THE HOUSING FUND HOUS 6157807000 PO BOX 657 MADISON TN 37116 MARSHALL E CRAWFORD JR PRESIDENT/CEO 6157807000 2026-08-06 1 1 KERRI N BOGDA P00760402 7177404863 2026-08-06 2024 2025-03-06 01:10:19Z MARSHALL E CRAWFORD JR PO BOX 657 MADISON TN 37116 5416720 0 X WWW.THEHOUSINGFUND.ORG X 1996 TN PROVIDES RESOURCES TO HELP CREATE & MAINTAIN AFFORDABLE & HEALTHY PLACES TO LIVE 15 15 18 15 113261 92037 5321439 3109966 1582683 1813089 369252 493665 0 0 7273374 5416720 944380 1983900 0 0 1951307 2392311 0 0 0 5075113 1827771 7970800 6203982 -697426 -787262 49314214 49877910 28739506 30090464 20574708 19787446 X THE HOUSING FUND PROVIDES RESOURCES AND CREATIVE LEADERSHIP TO HELP LOW AND MODERATE INCOME INDIVIDUALS AND COMMUNITIES CREATE AND MAINTAIN AFFORDABLE AND HEALTHY PLACES TO LIVE. THE HOUSING FUND MAKES LOW INTEREST HOUSING, DEVELOPMENT AND COMMUNITY DEVELOPMENT LOANS TO INDIVIDUALS, FAMILIES AND DEVELOPERS TO ACQUIRE, CREATE AND MAINTAIN AFFORDABLE AND HEALTHY HOMES AND COMMUNITIES. 0 0 1680693 24963 326955 DOWNPAYMENT ASSISTANCE PROGRAMS - HELPS LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN BECOMING SUCCESSFUL HOMEOWNERS BY PROVIDING DOWN PAYMENT AND CLOSING COST LOANS. ASSISTANCE IS PROVIDED ON A GRADUATED BASIS, DEPENDING ON HOUSEHOLD INCOME. FROM INCEPTION, MORE THAN 4,560 FAMILIES HAVE BEEN ASSISTED IN PURCHASING A HOME, WITH $41,832,000 LENT. IN FY 2025, OVER $2,007,872 WAS LENT AND 82 HOUSEHOLDS SERVED. 1611260 314641 0 THE HOUSING RESILIENCY FUND IS A GRANT STARTED IN FY21 TO HELP OFFSET THE RECENT PROPERTY TAX INCREASE FOR LOW- TO MODERATE-INCOME HOMEOWNERS IN NASHVILLE. THE PRIMARY OBJECTIVE OF THE HOUSING RESILIENCY FUND IS TO PRESERVE AFFORDABILITY FOR EXISTING HOMEOWNERS. IN FY22, THF EXPANDED THE HOUSING RESILIENCY FUND TO ASSIST LANDLORDS TO HELP PREVENT THE INCREASE IN PROPERTY TAXES FROM BEING PASSED THROUGH TO THE LOW AND MODERATE INCOME TENANTS. DURING THE YEAR, THE HOUSING RESILIENCY FUND SUPPORTED 138 HOUSEHOLDS IN DAVIDSON COUNTY WITH $97,673 IN CURRENT YEAR DISBURSEMENTS TO SUPPORT THE FAMILIES WITH INCOMES AT 100% OR BELOW AMI. IN FY25, THF ASSISTED 49 LANDLORDS WITH PROPERTY TAX GRANTS THAT OFFSET THE PROPERTY TAXES ON 401 UNITS HELPING 741 INDIVIDUALS STAY IN THEIR RENTALS. 1485238 1644296 789542 DEVELOPMENT LOAN PROGRAMS - PROVIDES LOANS FOR DEVELOPMENT OF AFFORDABLE HOUSING IN ALL AREAS, AS WELL AS LOANS FOR COMMUNITY FACILITIES IN LOW-TO-MODERATE INCOME TRACTS. FROM INCEPTION, OVER 3,494 AFFORDABLE HOUSING UNITS HAVE BEEN CONSTRUCTED OR REHABILITATED USING FUNDS FROM THE HOUSING FUND, WITH OVER $103,153,000 LENT. 275919 583331 275919 583331 5053110 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 X 13 0 18 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X DAVID PARRISH 6155152204 PO BOX 657 MADISON TN 37116 RODRICK L BUTLER BOARD CHAIR 1.00 0.00 X X 0 0 0 TERA BLOECHER BOARD VICE-CHAIR/SEC'Y/TREASURER 1.00 0.00 X X 0 0 0 MIGUEL VEGA BOARD VICE-CHAIR (UNTIL 01/25) 1.00 0.00 X X 0 0 0 KIM HOLLINGSHEAD ESQ DIRECTOR 1.00 0.00 X 0 0 0 RON CRUTCHER DIRECTOR 1.00 0.00 X 0 0 0 ANGELA CURTIS DIRECTOR 1.00 0.00 X 0 0 0 JESSICA LEVEEN FARR DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL FRAZEE DIRECTOR 1.00 0.00 X 0 0 0 DOUGLAS LESKY DIRECTOR 1.00 0.00 X 0 0 0 PHILIP MCCUTCHAN DIRECTOR 1.00 0.00 X 0 0 0 KEITH MILES DIRECTOR 1.00 0.00 X 0 0 0 LORRAINE C SHEARON DIRECTOR 1.00 0.00 X 0 0 0 DERRICK WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 MARTHA SILVA DIRECTOR 1.00 0.00 X 0 0 0 RANDAL HARRELL DIRECTOR 1.00 0.00 X 0 0 0 CHARMIN A BATES DIRECTOR 1.00 0.00 X 0 0 0 MARSHALL CRAWFORD PRESIDENT/CEO 40.00 0.00 X 322800 0 20839 DAVID PARRISH EVP & CFO 40.00 0.00 X 215676 0 25548 ANGELA BELCHER EVP & COO 40.00 0.00 X 173174 0 28906 JOSEPH LACKEY SVP, CONTROLLER 40.00 0.00 X 131926 0 7767 843576 0 83060 4 0 1 0 0 168 42609 3067189 3109966 DEVELOPMENT LOANS INTE 525990 781790 781790 SERVICE FEES & MISC 525990 548431 548431 DOWNPAYMENT ASSISTANCE 525990 326955 326955 RENTAL INCOME 531120 148161 34900 113261 FLOOD ASSISTANCE LOAN 525990 7752 7752 1813089 493665 493665 5416720 1699828 113261 493665 X 60000 60000 1923900 1923900 981873 480945 500928 1126113 924383 201730 14356 14356 134822 109902 24920 135147 91583 43564 20606 20606 52972 52972 17951 250 17701 24324 1460 22864 165573 49093 116480 38306 11358 26948 99208 90299 8909 57927 17175 40752 739117 739117 126177 91013 35164 21297 6315 14982 UBI TAX EXPENSE 33000 33000 CHANGE IN PROVISION FOR 383429 383429 FLOOD CONTRACT EXPENSE 18312 18312 SERVICING FEES 15418 15418 14154 4196 9958 6203982 5053110 1150872 0 167025 46337 12796285 10041903 22158 32929 148768 356433 25901354 30201697 40600 37007 2371526 707734 1747198 1663792 1757542 1698899 6733284 5798913 49314214 49877910 447609 380364 554482 523706 1235366 2895382 22874057 25894150 3627992 396862 28739506 30090464 X 17071957 17386369 3502751 2401077 20574708 19787446 49314214 49877910 -787262 0 X 0 1 X 1 1 1 X 3206020 4209693 8598842 5321439 3109966 24445960 3206020 4209693 8598842 5321439 3109966 24445960 13258276 11187684 4500 25091 447882 369252 493665 1340390 14081 129414 113261 256756 26043106 7017941 0.42960 0.46590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 425000 425000 1331418 210335 1121083 361978 342048 19930 253130 155351 97779 1663792 LAND AND IMPROVEMENTS FOR COMMUNITY LAND TRUST PROGRAM 529470 RIGHT OF USE ASSET 396862 PROPERTIES HELD FOR RESALE TO LOW-TO-MODERATE INCOME INDIVIDUALS 4872581 5798913 OPERATING LEASE LIABILITY 396862 396862 X PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE HOUSING FUND'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE HOUSING FUND'S FINANCIAL STATEMENTS. 1 LEGAL AID SOCIETY 199 WATER ST 6TH FLOOR NEW YORK NY 10038 135562265 501 (C)(3) 10000 0 EQUAL JUSTICE CAMPAIGN AFRICAN AMERICAN ALLIANCE OF CDFI CEOS 301 E PINE STREET SUITE 175 ORLANDO FL 32801 852659114 501 (C)(3) 25000 0 2025 ANNUAL CONFERENCE SPONSORSHIP THE SYCAMORE INSTITUTE INC 315 DEADERICK STREET STE 1100 NASHVILLE TN 37238 475522558 501 (C)(3) 15000 0 ANNUAL FORUM AND FALL FORUM SPONSORSHIPS 3 0 MORTGAGE, RENT, UTILITY ASSISTANCE 16 24963 MORTGAGE, RENT, UTILITY ASSISTANCE REHAB ASSITANCE TO INDIVIDUALS 74 718170 INCOME ASSISTANCE PROPERTY TAX ASSISTANCE 359 314641 PROPERTY TAX ASSISTANCE PART I, LINE 2: THE HOUSING FUND HAS A GRANT APPLICATION PORTAL WITHIN IT'S CLIENT SOFTWARE. APPLICANTS ARE REQUIRED TO APPLY ONLINE THROUGH THE SOFTWARE AND ANSWER THE QUALIFYING QUESTIONS AND ATTACH THE REQUIRED SUPPORTING DOCUMENTS TO VERIFY INCOMES, RESIDENCE IN THE HOME, AND ELIGIBLE AMOUNT OF GRANT REQUESTED. WHEN APPLICANTS HAVE POTENTIAL TECHNOLOGY CHALLENGES, THEY CAN FILL OUT A PAPER APPLICATION AND A MEMBER OF THE COMMUNITY IMPACT TEAM WILL ENTER THE APPLICATION ON THEIR BEHALF ONCE A COMPLETED PACKAGE IS RECEIVED. THE HOUSING FUND STAFF REVIEWS EACH APPLICATION AND ONCE APPROVED, A GRANT AGREEMENT IS SENT TO EACH POTENTIAL GRANT RECIPIENT VIA DOCUSIGN. ONCE THE GRANT AGREEMENT IS RECEIVED WITH SIGNATURE, THE HOUSING FUND FINANCE TEAM WILL ISSUE PAYMENT ON BEHALF OF THE GRANTEE TO THE APPROPRIATE RECIPIENT, EITHER THE METROPOLITAN TRUSTEES OFFICE, A MORTGAGE LENDER, LANDLORD, OR UTILITY COMPANY DEPENDING ON WHAT IS OUTLINED IN THE SPECIFIC GRANT AGREEMENT. THE HOUSING FUND DOES NOT SEND GRANT PAYMENTS DIRECTLY TO THE GRANTEE TO ENSURE THE GRANT FUNDS ARE UTILIZED AS INTENDED. ORGANIZATIONS CAN BE SUB-RECIPIENTS UNDER FEDERAL GRANTS. THESE ORGANIZATIONS ARE REVIEWED BY THE HOUSING FUND STAFF FOR COMPLIANCE AS WELL AS HAVE THEIR OWN INDEPENDENT AUDITS COMPLETED. SUB-RECIPIENTS ARE REQUIRED TO PRODUCE PROGRAM RESULT REPORTS. X X 0 0 0 0 0 0 0 0 0 MARSHALL CRAWFORD PRESIDENT/CEO 228758 0 94042 0 0 0 0 0 20839 0 343639 0 0 0 DAVID PARRISH EVP & CFO 146413 0 69263 0 0 0 8627 0 16921 0 241224 0 0 0 ANGELA BELCHER EVP & COO 118020 0 55154 0 0 0 6927 0 21979 0 202080 0 0 0 DERRICK WILLIAMS EVP BOARD OF DIRECTORS OF THF AND FIRST HORIZON OFFICER 2500000 CDFI EQUITY INVESTMENT LOANS 0 MICHAEL FRAZEE SVP BOARD OF DIRECTORS OF THF AND PINNACLE BANK OFFICER 5325000 CDFI EQUITY INVESTMENT LOANS 0 FORM 990, PART V, LINE 2A THE ORGANIZATION USES INSPERITY AS THEIR PROFESSIONAL EMPLOYER ORGANIZATION (ALSO REPORTED ON PART VII, SECTION B) TO MAKE PAYMENTS TO THEIR EMPLOYEES, THEREFORE THE ORGANIZATION DID NOT FILE A W3 DIRECTLY WITH THE IRS. HOWEVER, THERE WERE 18 TOTAL EMPLOYEES PAID THROUGH THE PEO DURING 2025. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS DISTRIBUTED TO THE ENTIRE BOARD FOR REVIEW COMMENTS AND QUESTIONS TO BE RETURNED TO THE HOUSING FUND. ONCE ALL INQUIRIES ARE SATISFACTORILY ADDRESSED, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C NEW BOARD MEMBERS ARE GIVEN A COPY OF THE POLICY WHEN THEY BECOME BOARD MEMBERS. EMPLOYEES ARE GIVEN A COPY OF THE HOUSING FUND POLICY AND PROCEDURE MANUAL AND ALL ARE INSTRUCTED TO LET THE HOUSING FUND KNOW IF ANYTHING CHANGES REGARDING THE POLICY AND THEIR SITUATION. ON ALL CLIENT APPLICATIONS, PROSPECTIVE CLIENTS ARE ASKED TO IDENTIFY ANY RELATIONSHIPS WITH ANYONE ASSOCIATED WITH THE HOUSING FUND. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS SET BY THE BOARD OF DIRECTORS. ALL OTHERS ARE SET BY CEO AND LEADERSHIP TEAM, AND ARE REVIEWED ON A RECURRING BASIS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART IX, LINES 5-10 THE HOUSING FUND USES LBMC AS THEIR PROFESSIONAL EMPLOYER ORGANIZATION TO MAKE PAYMENTS TO THEIR EMPLOYEES. PER IRS GUIDELINES AND 990 INSTRUCTIONS, THE EMPLOYEES ARE TREATED AS THOUGH THF PAID THE EMPLOYEE DIRECTLY FOR 990 PRESENTATION PURPOSES ON PART IX LINES 5-10. LAUREL HOUSE 2001 LP 305 11TH AVENUE SOUTH NASHVILLE TN 37203 300008193 RENTAL REAL ESTATE TN THE HOUSING FUND RELATED -58643 4934951 0 -26568 1 1.00000 LAUREL HOUSE APARTMENTS GP INC 305 11TH AVENUE SOUTH NASHVILLE TN 372034003 481270600 RENTAL REAL ESTATE TN THE HOUSING FUND C 200000 1.00000 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 LAUREL HOUSE 2001 D 2336351 FMV-CASH LAUREL HOUSE 2001 K 60393 RENT OF OFFICE SPACE