Famicos Foundation Inc.

“Joseph h. Weiss, jr. John j. Weiss trustee trustee family”

“The finance committee and the consultant controller of famicos review the annual return before it is filed.”

“The executive committee performs an annual review of the executive director and determines the position's compensation.”

“Appropriate information is made available to the public upon request.”

“Famicos foundation is one of cleveland's oldest community development corporations (cdc), founded in 1969 by sister henrietta gorres, snd shortly after the hough riots and incorporated in 1970. Famicos foundation is celebrating 48 years of existence serving residents of cuyahoga county, especially cleveland's hough and glenville neighborhoods. The name famicos comes from family cooperatives or family co-optors representing the families that came together to help sr. Henrietta distribute food, clothing and shelter to residents of hough at inception. Famicos has a staff capacity of 47 full time employees with multiple competencies. With a mission of improving the quality of life in greater cleveland through neighborhood revitalization, affordable housing and integrated social services, we pride ourselves in developing affordable housing, especially the preservation of historic properties. In 2014 following the redrawing of city of cleveland ward boundaries and the demise of sister cdc, glenville development corporation that was serving glenville, famicos foundation took over the reign of serving the glenville neighborhood. In the same year, famicos foundation became a charter member of neighborworks america, a network of excellence, which makes additional resources available for the work in glenville and beyond. Famicos foundation is a state, county and city chdo and serves five counties in the cleveland area; cuyahoga, lake, geauga, portage, and medina counties, respectively. Our bylaws have been amended to allow business in these areas. In 2006, we developed a 106 affordable unit project in medina county in partnership with millennia housing management group of companies. In 2017, famicos and millennia in partnership acquired a 348 unit apartment community in portage county that has 233 affordable units. Attempts for other viable projects in the other counties have not yet materialized. As such, famicos foundation's board of directors (14 active members) are chosen from these four counties with the majority from cuyahoga county, and mainly city of cleveland. As a known affordable housing developer, famicos foundation owns and / or manages twenty two partnerships comprising seven hundred units of affordable housing for families, seniors and formerly chronically homeless individuals. As a contract manager, famicos manages another two hundred forty five affordable and market rate units that she does not own. In 2016, famicos acquired ownership interests in three partnerships in the city of cleveland to increase ownership of affordable units by 126 units. Famicos signature market rate homes are located on e. 105th street within a development called heritage lane. Heritage lane consists of thirteen historic former duplexes converted to single units and selling at 300,000.00 and above. All thirteen units are sold to owner occupants. Famicos most recent projects are the doan classroom apartments (13 million) and the university towers apartments (27, million). In 2016, famicos completed a substantial renovation of notre dame apartments using the 9% lihtc funding program (project costs of 10.6 million). Other famicos foundation programs include emergency home repairs for seniors, weatherization, heap, transportation for seniors living in famicos properties and in the glenville neighborhood, computer training, ged, after school tutorial and mentoring for the youth, eitc (the most productive site in the county four years in a row), urban agriculture/gardening, rain barrel, composting, recycling, community engagement, and more. In order to improve the quality of life for its residents, famicos foundation created famicos cares legal clinic in partnership with a local attorney, mr. James levin. The program strives to assist individuals with minor misdemeanor offenses through free expungement services. As of december 31, 2017, more than 200 residents of cuyahoga county have received assistance at no costs to them. This service allows individ”