Hill Country Council for the Mentally ILL

“In janaury 2023, mdp management company signed a management agreement to provide management services for the apartments. The fee for these services is 6.85% of residential income collected plus 13 pupm of add on fees.”

“The corporation has board members, as noted on this return, and any new members are voted on and approved by the existing board members.”

“The corporation has board members, as noted on this return, and any new members are voted on and approved by the existing board members.”

“The form 990 is reviewed by the president and signed and transmitted to board members for review and comments generally before filing the form 990.”

“The corporation will make it organizing document and form 990 available upon request.”

“The corporation was organized on april 19, 1989 as a non-profit corporation to, among other things, acquire an interest in real property located in kerrville, texas, and to construct and operate thereon an apartment complex of fifteen units (one to be used by the onsite property manager), under section 811 of the national housing act. Such projects are regulated by hud as to rent charges and operating methods. The construction of the apartment complex was completed in december 2005. Rent on the apartment units began on december 26, 2005. A capital advance in the amount of 1,088,300 was funded by hud for the construction and administration of the project. This capital advance will bear no interest and repayment is not required while the housing remains available for very low-income persons with disabilities in strict compliance with section 811 of the national housing act.”

“The corporation was organized on april 19, 1989 as a non-profit corporation to, among other things, acquire an interest in real property located in kerrville, texas, and to construct and operate thereon an apartment complex of fifteen units (one to be used by the onsite property manager), under section 811 of the national housing act. Such projects are regulated by hud as to rent charges and operating methods. The construction of the apartment complex was completed in december 2005. Rent on the apartment units began on december 26, 2005. A capital advance in the amount of 1,088,300 was funded by hud for the construction and administration of the project. This capital advance will bear no interest and repayment is not required while the housing remains available for very low-income persons with disabilities in strict compliance with section 811 of the national housing act.”