PROVIDENCE COMMUNITY HOUSING
Programs
Program 1 [2020]
Real Estate Development - This program includes all costs, excluding Capital Expenses, associated with acquiring, developing and preserving affordable real estate for individuals, seniors, and families, including both rental units and homes for sale. There are approximately 531 units in the concept/pre-development planning stage, none are currently under construction, and 59 are in stabilization/lease-up.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$929.3KProgram 2 [2020]
Asset Management - This program consists of expenses related to overseeing the management of operating rental properties including individual, multi-family and senior housing as both a direct owner and general partner. There are 1,242 units currently in service.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$814.9KProgram 3 [2020]
Home Ownership Promotion - This program consists of costs associated with promoting home ownership including the marketing and sale of newly developed properties, managing a buyer pipeline through a buyer pool development program, and acting as a contract administrator for other agencies by providing professional services regarding their lending programs. This program created 11 new homeowners throughprogram administration for other agencies and 2 through direct home sales.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$275.6K
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