Homes For America Inc

PLEASE SEE SCHEDULE O HOMES FOR AMERICA, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND SPECIAL NEEDS POPULATIONS.

SEE SCHEDULE OHOMES FOR AMERICA CARRIED OUT ITS MISSION BY SERVING 7,506 LOW INCOME PERSONS IN ITS RENTAL COMMUNITIES. THE AVERAGE INCOME OF HOUSEHOLDS IN COMMUNITIES THAT ARE AGE RESTRICTED TO SENIORS 62 YEARS AND OLDER WAS $21,847 AND 46.9% OF ALL THE SENIOR HOUSEHOLDS HAD ANNUAL INCOME BELOW $20,000. THE AVERAGE INCOME OF HOUSEHOLDS IN GENERAL OCCUPANCY HOUSING WAS $22,559 AND 55.9% HAD INCOME BELOW $20,000.HOMES FOR AMERICA DEVELOPMENT ACTIVITIES INCLUDED THE FOLLOWING: 1. COMPLETED REHABILITATION OF 42 UNITS AND CONSTRUCTION OF 12 NEW UNITS AT A FAMILY PROPERTY IN BERLIN, MARYLAND.2. CONTINUED REHABILITATION OF 156 UNIT SENIOR PROPERTY, IN SALISBURY, MARYLAND.3. CONTINUED CONSTRUCTION OF A 70 UNIT NEW CONSTRUCTION FAMILY PROJECT IN ELLICOTT CITY, MARYLAND.4. CONTINUED CONSTRUCTION OF A 163 UNIT NEW CONSTRUCTION SENIOR PROJECT IN OXON HILL, MARYLAND.HOMES FOR AMERICA ALSO PROVIDED ASSET MANAGEMENT SERVICES FOR 6 COMMUNITIES IN THE ORGANIZATION'S PORTFOLIO; THE ORGANIZATION PERFORMS REGULAR SITE INSPECTIONS, MONITORS INSURANCE POLICIES AND CLOSELY TRACKS ALL FINANCIAL AND OPERATING ASPECTS OF ITS PROPERTIES DURING LEASE UP AND OPERATIONS. KEY ASSET MANAGEMENT ACCOMPLISHMENTS DURING THE YEAR INCLUDED:1. CONTINUED THE PRACTICE OF MAKING THE PORTFOLIO MORE ENERGY EFFICIENT AND BEGAN ENERGY CONSERVATION IMPROVEMENTS FOR TWO PROPERTIES. ALSO COMPLETED ONE ENERGY IMPROVEMENT PROJECT FOR A PROPERTY IN BALTIMORE, MARYLAND.2. REFINANCED TWO PROPERTIES, IN REISTERSTOWN, MD, LOWERING THE INTEREST RATE AND PROVIDING FUNDS TO IMPROVE THE PROPERTY.3. SOLD ONE PROJECT IN RICHMOND, VA TO A COMMITTED LOCAL NONPROFIT.4. SOLD THREE HOMES TO COMMUNITY RESIDENTS OF AN ORIGINAL 56 UNIT LEASE PURCHASE PROPERTY IN ANNAPOLIS, MARYLAND LEAVING 41 UNITS REMAINING.THE HOMES FOR AMERICA FOCUS FOR RESIDENT SERVICES FOR FY 2023 WAS TO REENGAGE RESIDENTS IN THE POST-PANDEMIC ERA, AND TO REACCLIMATE THEM TO PARTICIPATING IN COMMUNITY PROGRAMS TO ADDRESS SOCIAL ISOLATION, THE DIGITAL DIVIDE, FOOD INSECURITY, AND ACCESS TO HEALTHCARE. THE RE-OPENING OF ALL COMMUNITY SPACES, SOCIAL EVENTS, AND COMMUNITY MEETINGS SOUGHT TO COMBAT SOCIAL ISOLATION. WE WORKED TO BRIDGE THE DIGITAL DIVIDE THROUGH A LOCAL PARTNERSHIP BY PROVIDING FREE BROADBAND INTERNET TO TWO NEW COMMUNITIES TOTALING 204 UNITS. THE END OF PANDEMIC-ERA SNAP BENEFITS HIGHLIGHTED THE NEED FOR EXPANDED PARTNERSHIPS WITH FOOD BANKS, LOCAL PRODUCE COMPANIES, CHURCHES, AND GROCERY DELIVERY SERVICES. ON-SITE HEALTHCARE SERVICES INCLUDING HEALTH SCREENINGS, ACCESS TO REGISTERED NURSES, VACCINATION CLINICS, AND DOCTOR PRESENTATIONS WERE EXPANDED IN SEVERAL COMMUNITIES. SAFETY AND SECURITY SERVICES WERE ENHANCED ACROSS THE PORTFOLIO AND WERE SUPPORTED BY TWO ADDITIONAL GRANTS. PROGRAMMING FOR YOUTH CONTINUED TO BE A PRIORITY AND OPPORTUNITIES FOR AFTER-SCHOOL PROGRAMMING, ON-SITE AND OFF-SITE SUMMER CAMPS, AND HOMEWORK CLUBS WERE WELL-ATTENDED.

SEE SCHEDULE O HOMES FOR AMERICA, IS THE SOLE MEMBER OF HOMES FOR BRIDGEVILLE, LLC, WHICH IS INCLUDED HEREIN. HOMES FOR BRIDGEVILLE, LLC, A 50-UNIT APARTMENT COMMUNITY, HAS FAMILY SERVICE AND PROGRAM ACTIVITIES WHICH HAVE HISTORICALLY INCLUDED AN AFTERSCHOOL HOMEWORK CLUB, A MOBILE HEALTH CLINIC, SOCIAL AND RECREATIONAL PROGRAMS, WEEKLY SUMMER CAMP OPPORTUNITIES WITH TRANSPORTATION, REFERRALS FOR HEALTH RESOURCES, NUTRITION AND RENTAL ASSISTANCE AND A MONTHLY MOBILE FOOD PANTRY. ADDITIONALLY, A COMPUTER LAB IS OPEN FOR ALL RESIDENTS AND PUBLIC TRANSPORTATION IS AVAILABLE NEAR THE ENTRANCE OF THE COMMUNITY.

SEE SCHEDULE O HOMES FOR AMERICA, INC. IS THE SOLE MEMBER OF SEVERAL LLC'S WHICH ARE INCLUDED HEREIN. CORNER HOUSE HFA, LLC HOLDS AN INVESTMENT IN FOUNTAIN PLACE ASSOCIATES LIMITED PARTNERSHIP, BAY FOREST HFA LLC HOLDS AN INVESTMENT IN HOMES FOR ANNAPOLIS LIMITED PARTNERSHIP, GATEWAY VILLAGE I HFA, LLC HOLDS AN INVESTMENT IN SALISBURY SENIOR HOUSING LIMITED PARTNERSHIP, AND HFA Y15LP LLC HOLDS AN INVESTMENT IN CHESTNUT SQUARE LIMITED PARTNERSHIP, ESSEX HOUSE LIMITED PARTNERSHIP, GLENBURN ASSOCIATES LIMITED PARTNERSHIP, HOMES AT BERLIN LIMITED PARTNERSHIP, HOMES FOR CAMBRIDGE LIMITED PARTNERSHIP, DARBYTOWN MEADOWS LLC, SENIOR COTTAGES OF SHIPPENSBURG, LTD., GATEWAY VILLAGE II LIMITED PARTNERSHIP, GATEWAY VILLAGE III LIMITED PARTNERSHIP, VILLAGE HOUSE ASSOCIATES LIMITED PARTNERSHIP, CLARE COURT, LP, HOMES FOR CHAMBERSBURG, HOMES FOR GREENSPRING, INC AND MITCHELL POND, LP.