Show:
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
What is the two community housing areas in Austin
South Austin and North Austin
200
The Executive Director of Foundation Communities
Who is Walter Moreau
200
The number of families in Foundation Communities affordable homes
What is 2000
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
What is a basic requirement of Foundation Communities housing
meet specific income guidelines
300
The number of affordable housing communities owned in Austin
What is 11
300
The number of efficiency apartments for single adults facing homelessness
What is 345
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
What is the first time home buyers credit amount for qualifying homes in 2009
$8000
300
The type of housing offered
Apartment and duplex communities
400
The year the name Foundation Communities was adopted
When is 2001
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 in "PMI deduction" stands for
What is private mortgage insurance deduction
400
The percentage of low to moderate income that qualifies for housing
50 to 80% of Austin median family income
500
The four core areas in which Foundation Communities focuses
1. Affordable homes 2. Helping the homeless 3. Learning in a community 4. Building financial stability
500
Available to 800 children of working parents
What is free after-school and summer programs
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
A North Austin community location
Crossroads