Bg Betances Housing Development Fund Corporation

Organization Overview

Bg Betances Housing Development Fund Corporation is located in New York, NY. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bg Betances Housing Development Fund Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PROGRAM SERVICE ACCOMPLISHMENT 1 BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS THE BETANCES RESIDENCE. BETANCES RESIDENCE IS BREAKING GROUND'S FIRST PASSIVE HOUSE SUPPORTIVE RESIDENCE WITH A GOAL OF SIGNIFICANTLY REDUCING RELIANCE ON MUNICIPAL ENERGY SUPPLIES. DESIGNED FOR SENIORS WHO ARE EXITING HOMELESSNESS OR LIVING ON VERY LOW INCOMES, BETANCES HAS A NUMBER OF FEATURES THAT AIM TO HELP RESIDENTS REMAIN PHYSICALLY ENGAGED, INCLUDING ENTRANCES AND CORRIDORS THAT PROMOTE ACTIVE DESIGN PRINCIPLES, SPECIALLY DESIGNED OUTDOOR/GARDEN SPACES THAT WILL INCORPORATE TENANT GARDENING ACTIVITIES, AND ACCOMMODATIONS FOR RESIDENTS WHO HAVE MOBILITY CHALLENGES. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2021.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$0

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