Overview
What is Hhoc Housing And Land Trust?
Hhoc Housing and Land Trust is a nonprofit organization based in Honolulu, Hawaii, with a mission to provide affordable housing and homeownership opportunities for low- and moderate-income families. They achieve this goal through the innovative use of a land trust model. The organization renovates properties and sells them below market value, imposing deed restrictions to maintain affordability for future resales. As of the provided information, Hhoc Housing and Land Trust had recently sold one property and listed another for sale at the year's end. Their work contributes to the permanent housing affordability in Hawaii.
Official website here: www.hihomeownership.org/hhlt
Is Hhoc Housing And Land Trust legitimate?
Hhoc Housing And Land Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hhoc Housing And Land Trust 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.hihomeownership.org/hhlt
What is the mission statement of Hhoc Housing And Land Trust?
The Hhoc Housing and Land Trust aims to offer affordable housing and homeownership opportunities to low- and moderate-income families, ensuring permanent affordability through the implementation of a land trust model. This organization renovates properties and sells them at below market value, incorporating deed restrictions to maintain affordability for subsequent resales. At the end of the year, another property was listed for sale by the trust.
Official website here: www.hihomeownership.org/hhlt
Who is the CEO of Hhoc Housing And Land Trust?
Reina Miyamoto is the President of Hhoc Housing And Land Trust.
Official website here: www.hihomeownership.org/hhlt
What is the revenue of Hhoc Housing And Land Trust?
Hhoc Housing And Land Trust's revenue in 2022 was -$55,890.
Official website here: www.hihomeownership.org/hhlt
Who are the executives of Hhoc Housing And Land Trust and what are their salaries?
There 10 volunteers at Hhoc Housing And Land Trust.
Here are 9 key members and their salaries:
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- Related: $80,000
- Other: $7,609
Official website here: www.hihomeownership.org/hhlt
Where can I find the form 990 for Hhoc Housing And Land Trust?
Hhoc Housing And Land Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hihomeownership.org/hhlt
Learn more at the official website: www.hihomeownership.org/hhlt
Mission Statement of Hhoc Housing And Land Trust
Hhoc Housing and Land Trust is dedicated to providing affordable housing and homeownership opportunities to low- and moderate-income families in Hawaii. Their unique approach to achieving this mission involves the use of a land trust model, ensuring that housing affordability is maintained permanently. By renovating and selling properties below market value, Hhoc Housing and Land Trust creates affordable homes. These homes come with deed restrictions, guaranteeing that they remain affordable through subsequent resales. At the end of the year, one more property was listed for sale by the organization. In essence, Hhoc Housing and Land Trust is committed to addressing Hawaii's housing affordability crisis by offering sustainable and long-term housing solutions to the region's low-income families.
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Impact
October, 2024
Hhoc Housing And Land Trust significantly impacts the affordable housing landscape in Hawaii by providing low- and moderate-income families with homeownership opportunities. The organization employs a land trust model to create and maintain permanent housing affordability. By renovating and selling properties below market value, HHLT ensures that homes remain accessible for generations to come through deed restrictions that preserve affordability during future resales. In recent efforts, they successfully renovated and sold a property while listing another home for sale, continuing to expand their reach and support within the Honolulu community. This commitment not only addresses immediate housing needs but also safeguards the long-term affordability of housing in a challenging market.
This information is meant to be a general summary of Hhoc Housing And Land Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: -$102,104
- Gross Receipts: $546,214
Assets and Liabilities:
- Total Assets: $787,158
- Total Liabilities: $424,214
- Net Assets: $362,944
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Organization Details
Founding Year
2015
Phone
(808) 523-9500Principal Officer
Reina Miyamoto
Main Address
1259 AALA STREET 201, HONOLULU, HI, 96817
Website
www.hihomeownership.org/hhltNTEE Category
Code: L20 - Housing
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