AI Summary
The Los Angeles County Housing Development Corporation, established in 1989, is a nonprofit public benefit corporation focused on providing housing services in the unincorporated Willowbrook area of Los Angeles County, California. The organization operates the Cannon Apartments Project, a 35-unit apartment complex that qualifies for federal rent subsidies under Section 8 of the U.S. Housing Act of 1937. With an operating budget of $1.7 million and total revenue of $1.3 million for the filing year 2024, it does not rely on a single funder for 50% or more of its revenue.
Mission Statement
LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION WAS INCORPORATED ON OCTOBER 16, 1989 AS A NONPROFIT PUBLIC BENEFIT CORPORATION, TO CONSTRUCT, OWN AND OPERATE A 35 UNIT APARTMENT PROJECT LOCATED IN THE UNINCORPORATED WILLOWBROOK AREA OF LOS ANGELES COUNTY, CALIFORNIA, KNOWN AS CANNON APARTMENTS PROJECT. THE PROJECT WAS ENDORSED FOR INSURANCE UNDER SECTION 241(F) OF THE NATIONAL HOUSING ACT, WITH THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT. ALL OF THE UNITS QUALIFY FOR FEDERAL RENT SUBSIDY PURSUANT TO SECTION 8 OF THE U.S. HOUSING ACT OF 1937, AS AMENDED.
Cause Areas
1
Housing services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION’s budget?
In 2024, LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION support?
LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION supports work in Housing services.
Where does LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION operate?
LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION is headquartered in Alhambra, CA.
What is LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION’s reliance on government grants?
LOS ANGELES COUNTY HOUSING DEVELOPMENT CORPORATION relied on government grants for more than 45% of their total revenue in 2024.