Virginia Housing and Community Development Corporation

“Ptr/s corp gross income 437 other revenue 252 total 689”

“Expenses advertising 1,824 office 3,100 office 61 interest expense 8,927 insurance 1,627 bank fees 211 construction-rehabilit. 1,194 contract services 16,660 dues and subscriptions 740 licenses and fees 70 taxes 2,011 telephone 1,968 utilities 4,893 awards 1,071 non-investment depreciation 10,250 total 54,607”

“Accounts receivable 2,935 30 prepaid expenses and deferred charges 0 1,406 furniture & equipment 6,414 7,699 less accumulated depreciation 2,565 3,955 domain name services 8,381 8,381 less accumulated amortization 1,676 2,515 loan fees 7,523 7,523 less accumulated amortization 251 1,755 construction in progress 0 151,563 total 20,761 168,377”

“Accounts payable and accrued expenses 928 4,943 unsecured notes and loans payable 9,100 9,100 security deposits payable 1,136 1,136 investments payable 0 1,600 loans from officers 5,100 10,100 mortgage and other notes payable 105,000 228,466”

“The community development mission of the virginia housing and community development corporation is to educate and empower individuals, families, and minority business owners to build wealth, access capital and credit, and achieve home ownership.”

“Trained seventy-five (75) first-time home buyers to purchase a home. Educated three hundred and fifty-seven (357) individuals on wealth building techniques, accessing capital, and financial management entrepreneur scholarship. Provided pre-purchase counseling and credit counseling to twenty-one (21) individuals. Enrolled three (3) savers into the virginia individual development account program.”