The Davidson Housing Coalition

Filing Period

Jul 1, 2009 to Jun 30, 2010

Signed

May 11, 2011

Return Version

2009v1.7

Gross Receipts

$440,522

Mission

Major Activities

Activity 2

HAMMERS - makes low-to-no-cost emergency repairs on owner-occupied homes in Huntersville, Cornelius, Davidson, and Mooresville. To qualify, households must both own and occupy their homes and earn less than 80% of the Area Median Income, or approximately $53,200 for a family of four. The primary goal of the HAMMERS program is to reduce or eliminate the immediate threats to a household's life, health or safety, utilizing volunteer labor and donated material wherever possible to minimize cost. Eligible repairs must be emergency in nature, as determined by qualified volunteer inspectors, and include needs pertaining to accessibility, carpentry, plumbing, roofing, electricity, or furnace/AC functioning.

Activity 3

Homebuyer Education and Financial Literacy - Davidson Housing Coalition serves as the arm of the Town of Davidson in its implementation of the Affordable Housing Ordinance, requiring 12.5% of each new residential development to be designated as affordable housing. DHC's Homebuyer Education and Financial Literacy program educates, counsels, and qualifies all potential homeowners of units built through this ordinance through Homebuyer Education Workshops, personalized budget and credit counseling, and post-homeownership programming. Counselors work with individuals to repair or improve credit histories, create financial plans, and achieve their dreams of homeownership through monthly group workshops and regular one-on-one counseling.

Filer

EIN

56-2057448