Overview
What is Agape Homes Cdc?
Agape Homes CDC, based in Houston, Texas, is a community development corporation that focuses on addressing the housing needs of families with low to moderate incomes. By constructing new homes on vacant lots, Agape Homes CDC ensures no displacement and boosts the owner-occupancy rate in the neighborhood. They primarily serve families whose income falls below 80% of the area median income, offering reduced-cost homes that align with the historical architectural style of the Greater OST/South Union neighborhood. The primary mission of Agape Homes CDC is to provide an affordable home ownership option for the local community.
Is Agape Homes Cdc legitimate?
Agape Homes Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agape Homes Cdc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Mission Statement of Agape Homes Cdc
Agape Homes CDC, a nonprofit organization, is committed to offering an affordable homeownership option to families within the community. Their mission is to construct new homes on vacant lots without causing displacement, thereby boosting the owner-occupancy rate in the neighborhood. The organization primarily serves families whose income falls below 80% of the Area Median Income (AMI). To achieve this, Agape Homes CDC offers homes at reduced costs. The architectural design of these houses is tailored to blend seamlessly with the current and historical architecture of the Greater OST/South Union neighborhood, ensuring the new homes harmoniously fit into the existing community landscape.
Impact
This information is meant to be a general summary of Agape Homes Cdc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Agape Homes Cdc's impact is significant in providing families in the community an affordable option for home ownership. By building new homes on empty lots in the neighborhood, the organization is able to offer reduced-cost housing to families below 80% of the Area Median Income (AMI). This initiative not only helps increase the owner occupancy rate in the neighborhood but also prevents displacement by fitting the new houses into the current and historical architecture of the Greater OST/South Union area in Houston, TX. In essence, Agape Homes Cdc is making a tangible difference by creating a pathway to home ownership for families who may not have had this opportunity otherwise.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Homes Sales
Revenue
$1,322,362
Rental Income
Revenue
$4,390
Organization Details
Founding Year
2013
Phone
(713) 658-1001
Principal Officer
Nicholas K Craig
Main Address
6405 Calhoun, Houston, TX, 77021
NTEE Category
Code: L21 - Housing
If you are a representative of Agape Homes Cdc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.