Comprehensive Housing Assistance Inc.

“Provisions were added" 1) requiring chai to have a conflict of interest policy, 2) to set a limit of $750,000 on certain actions taken by the executive committee 3) to modify governance committee requirements to have at least four members and to be chaired by the immediate past president or an individual designated by the president of the board, 4) to specify that membership on the finance committee is limited to board members only, and 5) for the nominating committee to be chaired by the immedate past president and to assign the task of considering the removal of inactive board members. Several technical corrections were made regarding the use of "shall or "shall not" instead of "may or "may not" to provide better clarity.”

“The form 990 is reviewed by management and the finance committee. The entire board receives a copy prior to filing with the irs.”

“Any conflicts of interest brought to the attention of management are reviewed to see if a conflict exists.”

“The elected officers of the board of directors serve as volunteers with no compensation. The board appoints the chief executive officer and sets his or her compensation. There was a change in this position in the past year. The chief executive officer received a cost of living increase that was the same percentage as other employees of the organization. At the time the chief executive officer was initially hired, the responsible members of the board of directors consulted with the associated: jewish community federation of baltimore on setting an appropriate salary that was commensurate with the position's duties and responsibilities and within a relevant range of other agencies and organizations of the associated. The chief executive officer (ceo) is responsible for hiring other executives and top management officials. When there is turnover in a top management position, the ceo utilizes one or more salary surveys and other information about similar positions (if such similar positions exist) at agencies and organizations of the associated to determine an appropriate level of compensation.”

“The governing documents and policies are available upon request during normal business hours.”

“To develop and support thriving, stable communities in neighborhoods with a substantial jewish population.”

“To develop and support thriving, stable communitites in neighborhoods with a substantial jewish population. Chai accomplishes its mission by developing and managing affordable rental housing, rehabilitating housing and providing supporting repair services, promoting homeownership and providing loans to purchase and upgrade homes, providing services to the most vulnerable populations in the target areas and supporting neighborhood development.”

“Chai asset management program provides oversight of the fiscal and tenant management of 16 affordable senior housing projects with 1,639 units. Each of these projects was built or rehabbed with government funding that restricts tenant eligibility, rental rates and cash distributions. Chai is the general partner of 7 projects that are owned by for-profit limited partnerships where we are eligible to receive management fees and limited surplus cash distributions. The other 9 projects are owned by non-profit corporations that are subsidiaries of chai from which no cash can be distributed to the owners. Chai has an agreement with edgewood management corporation, an unrelated management company, to form a partnership, community life management llc, for the onsite management of all 16 senior affordable housing developments, edgewood is the managing partner of community life management, llc with 51% interest and chai has 49% interest, with net profits shared accordingly.”

“Senior home repair promotes independent living by providing home repair and maintenance services to seniors who lack the resources to maintain their own homes, while simultaneously preserving the quality of the housing stock in the chai northwest baltimore city general service area. Senior home benefits coordination comprehensively assists vulnerable seniors and individuals with disabilities - in both the jewish community and the extended gsa - to maintain independence and safety in their homes. Services such as advocacy, referrals, education, emergency assistance, application completion, assistive devices and home safety assessments are provided. Northwest neighbors connecting ("nnc") is a "village" of interdependent, diverse, caring individuals who come together to create a supportive community. Nnc has approximately 120 dues-paying members.”

“The homeownership services program was established in 1983 to promote investment and preserve the northern park heights area as a stable and diverse neighborhood. Chai's homeownership promotion program provides homebuyer and foreclosure counseling, interest-free loans, referrals, homebuyer workshops and renovation project management to low, middle and median income first time homebuyers and existing homeowners every year, chai serves hundreds of residents of baltimore city with workshops and counseling and provides hundreds of thousands of dollars in loans to new and existing homeowners. Community organizing facilitates the development of residents to become agents of change on shared issues in their communities, and increasing the stability of the neighborhood through increased engagement. Community organizing also connects residents to the myriad of services chai provides. Efforts increase curb appeal, improve the environment, and increase the shared sense of pride, ownership and connectedness of neighbors throughout chai's general service area.”