Foundation Communities History
Foundation Communities Statistics
Federal Tax Policy
Housing Tax Laws
Housing at Foundation Communities
100
Nonprofit organization founded in 1990
What is Foundation Communities
100
77% of 2009 Operating Revenue
What is rent and other property income
100
primary federal program to encourage the production of affordable rental housing for low income households
What is the Low Income Housing Tax credit
100
Credit created by the Housing and Economic Recovery Act in July 2008
What is the First Time Home Buyers Credit
100
South Austin and North Austin
What is the two community housing areas in Austin
200
Walter Moreau
What is the Executive Director of Foundation Communities
200
2000
What is the number of families in Foundation Communities affordable homes
200
Employers may claim tax credits for hiring underemployed workers and tax subsidies for investing in low income communities
What is tax incentives that encourage businesses to participate in the economic development of low income communities
200
Amount of real estate taxes paid that can be added to the standard deduction for single homeowners
What is $500
200
meet specific income guidelines
What is a basic requirement of Foundation Communities housing
300
11
What is affordable housing communities owned in Austin
300
345
What is the number of efficiency apartments for single adults facing homelessness
300
the amount allocated by the stimulus bill for Recovery Zone bonds that state and local governments may issue in 2009 and 2010
What is $25 billion
300
$8000
What is the first time home buyers credit amount for qualifying homes in 2009
300
apartment and duplex communities
What is the type of housing offered
400
2001
What is the year the name Foundation Communities was adopted
400
67% of 2009 Operating Expenses
What is affordable housing
400
$5.7 billion dollars
What is the estimated cost of the low income housing tax credit in 2009
400
PMI deduction
What is private mortgage insurance deduction
400
50 to 80% of Austin median family income
What is the low to moderate income that qualifies for housing
500
Affordable homes, helping the homeless, learning in a community and building financial stability
What is the four core areas Foundation Communities works
500
free after-school and summer programs
What is available to 800 children of working parents
500
allowed to rent new or rehabilitated homes at more affordable, restricted rents
What is an incentive of the low income housing tax credit program to qualified low income renters
500
exterior windows and doors, metal roofs and insulation
What is energy saving home improvements
500
Crossroads
What is a North Austin community location
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