Fair Bluff Housing Inc.
Fair Bluff Housing Inc.
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About this organization
Revenue
$755
Expenses
$105,000
Mission
The corporation was organized to own and operate a 40 unit apartment community in Fair Bluff, NC known as Cypress Village Apartments. It was organized pursuant to Section 202 of the National Housing Act and entered into the standard GHA regulatory agreements, which govern the operation of the community with the FHA section of HUD. A housing assistance payment contract (HAP) provides by Section 8 program of the National Housing Act. The apartment complex was sold during the fiscal year ended 6/30/26 and the contract with HUD was closed. Currently the corporation is holding the net proceeds from the sale awaiting to determine the best use of the funds to fulfill its mission.
About
The corporation was organized to own and operate a 40 unit apartment community in Fair Bluff, NC known as Cypress Village Apartments. It was organized pursuant to Section 202 of the National Housing Act and entered into the standard GHA regulatory agreements, which govern the operation of the community with the FHA section of HUD. A housing assistance payment contract (HAP) provides by Section 8 program of the National Housing Act. The apartment complex was sold during the fiscal year ended 6/30/26 and the contract with HUD was closed. Currently the corporation is holding the net proceeds from the sale awaiting to determine the best use of the funds to fulfill its mission.
Interesting data from their 2019 990 filing
According to the filing documents, the non-profit's mission is defined as “The corporation was organized to own and operate a 40 unit apartment community in fair bluff, nc known as cypress village apartments. it was organized pursuant to section 202 of the national housing act and entered into the standard gha regulatory agreements, which govern the operation of the community with the fha section of hud. a housing assistance payment contract (hap) provides by section 8 program of the national housing act. the appartment complex was sold during the fiscal year ended 6/30/26 and the contract with hud was closed. currently the corporation is holding the net proceeds from the sale awaiting to determine the best use of the funds to fulfill its mission.”.
When referring to its tasks, they were referred to as: “The corporation was organized to own and operate a 40 unit apartment community in fiar bluff, nc known as cypress village apartments. it was organized pursuant to section 202 of the national housing act and entered into the standard gha regulatory agreements, which govern the operation of the community with the fha section of hud. a housing assistance payment contract (hap) provides by section 8 program of the national housing act. the appartment complex was sold during the fiscal year ended 6/30/26 and the contract with hud was closed. currently the corporation is holding the net proceeds from the sale awaiting to determine the best use of the funds to fulfill its mission.”.
- The non-profit's state of operation has been legally reported as NC.
- According to the latest filing, the non-profit's address in 2019 is 7179 BRYHAWKE CIRCLE, NORTH CHARLESTON, SC, 29418.
- The total number of employees reported by the non-profit on their form for 2019 is 0.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is -$104,245.
- The organization has 0 independent voting members.
- The organization was formed in 1981.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.