Hope Communities Inc.

Filing Period

Jan 1, 2011 to Dec 31, 2011

Signed

Aug 8, 2012

Return Version

2011v1.2

Gross Receipts

$3,072,057

Mission

Major Activities

Activity 2

Resident Services:Hope believes that safe, decent, affordable housing is the first step toward a family's success; it also believes that families need education, services and encouragement to improve their life skills. To help families achieve that success Hope offers programs and services at its properties. In some cases Hope provides services directly; in other cases, Hope arranges for other third-party service providers to assist the families, including:One-on-one Assistance to Residents:Two graduate students work in our properties to offer one-on-one assistance to residents for a variety of issues. The Spring Institute offers individual assistance as well, utilizing full-time staff and a dozen VISTA volunteers. Examples include providing food to families in need; assistance with a child behavior problem by connecting the family with a counselor; assistance with a court case; assistance with arranging doctor visits; and arranging pre-school enrollments.Adult Programs:Hope collaborates with The Spring Institute to teach health literacy to our elder immigrant population through language training; Spring teaches eight classes per week.Youth Education:After-school enrichment and tutoring for elementary age children; and jobs for teens.Hope collaborates with the Center for Speech, Hearing and Language to offer a pre-school program.Hope works with Sweet Dreams in a Bag, a volunteer group that provides much-needed new bedding to resident children.Health and Dental Screening:Hope collaborates with Spring to arrange free dental screenings and free eye glasses for residents. Spring also arranges for residents to participate in the 9News Health Fair.Community Building:Hope leads participation on Resident Councils; developing neighborhood gardens.Christmas-time Treasure Store:Soliciting donations from throughout the community, then operating a 'Store" to allow parents to select and buy Christmas gifts for their children at deeply discounted prices.

Activity 3

Real Estate Development, Creating additional affordable housingDuring Hope's thirty-two year history, it has developed several hundred units of housing for low-income families. Hope has purchased apartment buildings, renovated them, retaining some as rental apartments, and selling some as owner-occupied housing. Hope has also used the both 9% and 4% Low Income Housing Tax Credit (LIHTC) programs to develop new housing, including The Point, $12M mixed-use, mixed-income TOD project on Denver's Light Rail line, and a major upgrade/rehab of Hidden Brook, a 130-unit apartment property in East Denver.Hope has also purchased and renovated single-family houses from HUD, renovating them and selling them to low-income families. Recently, Hope constructed ten new single-family homes and sold them to low-income buyers.Hope purchased an empty, dilapidated multi-family building in Denver's Historic Curtis Park neighborhood near downtown, and renovated it into a spectacular combination headquarters office building for Hope, and community center to serve the neighborhood, employing Historic Tax Credits and New Market Tax Credits.

Filer

EIN

84-0829068