Multifamily Coalition for Affordable Housing

“Fin 48 disclosure in december 2008, the financial accounting standards board issue fasb staff position (fsp) fin 48-3,"effective date of fasb interpretation no. 48 for certain nonpublic enterprises." (fsp) fin 48-3 permits an entity within its scope to defer the effective date of fasb interpretation 48, accounting for uncertainty in income taxes (fasb accounting standards codification (asc) 740, income taxes), to its annual financial statements for fiscal years beginning after december 15, 2008. The company has elected to defer the application of the uncertain tax position provisions of asc 740 for the year ended december 31, 2013. The company evaluates its uncertain tax positions using the provisions of asc 450, contingencies. Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The unrecognized tax benefits are: the amount of unrecognized tax benefits that, if recognized would affect the effective tax rate: program service revenue 1,000 investment income 123 other revenue - exempt function interest 281,821 total 282,944”

“2,781”

“Items included in consolidated financial statements from entities not consolidated into this form 990. Financial & interest expenses 2,693 miscellaneous legal expenses 88 total 2,781”