DC Housing Solutions Inc

“The organization's board of directors are the same individuals serving on the board of commissioners of district of columbia housing authority (dcha). The organization's board of directors shall, at the next meeting of the board of directors, remove or add directors if such director has been removed or added as a commissioner of the dcha board of commissioners.”

“The organization does not have any committees with authority to act on behalf of the governing body.”

“The form 990 and all related statements and disclosures are reviewed by the treasurer.”

“The organization's conflict of interest policy covers any director, principal or executive officer, or member of a committee with governing board delegated powers. Each covered person shall annually sign a statement which affirms that he/she has received the policy, has read and understands the policy, agrees to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The minutes of the meeting shall contain: (a) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the governing board's or committee's decision as to whether a conflict of interest in fact existed and (b) the name of the persons who were present for discussion and votes relating to the transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request and adheres to the legal requirements.”

“To develop and facilitate the development of housing properties as defined in section 6-201 of the d.c. Code; to lessen the burdens of government of dcha; to engage in other activities which are not inconsistent with section 501(c)(3) of the irc and applicable state law. As of the date of the filing of these articles of incorporation, housing properties are defined at section 6-201 of the d.c. Code as housing and related facilities for persons of low- and moderate-income, including housing and related facilities for the elderly, and housing and related facilities for people with disabilities; and housing, community facilities, and other properties intended to support or contribute to the financial viability of such housing and related facilities owned operated or managed by the district of columbia housing authority or the development or administration of which is assisted by the district of columbia housing authority.”

“The organization has a committee that assumes responsibility for oversight of the financial statements and the selection of an independent accountant. This process has not changed from prior years.”