COMMUNITY HOUSING INITIATIVE INC
PO BOX 410522, MELBOURNE, FL 329410522 www.chibrevard.org

Total Revenue
$892,218
Total Expenses
$983,247
Net Assets
$-975,830

Organizations Filed Purposes: AS A NOT-FOR-PROFIT CHARITABLE DEVELOPMENT CORPORATION, COMMUNITY HOUSING INITIATIVE, INC. IS COMMITTED TO PROVIDING AFFORDABLE HOUSING TO THE VERY LOW, LOW, AND MODERATE-INCOME HOUSEHOLDS.OUR GOAL IS TO IMPROVE THE QUALITY OF LIFE AND BUILD STRONG RELATIONSHIPS WITH EXISTING SERVICE ORGANIZATIONS IN THE COMMUNITIES WE SERVE. WE WILL PURSUE THE EDUCATION OF COMMUNITIES IN AN ATTEMPT TO INCREASE PUBLIC AWARENESS OF THE NEED FOR AFFORDABLE HOUSING.

TO PROVIDE AFFORDABLE HOUSING TO THE VERY LOW, LOW, AND MODERATE-INCOME HOUSEHOLDS.

THE DEVELOPMENT AND OPERATION OF WILLOW BROOK VILLAGE APARTMENTS: C.H.I DEVELOPED AND NOW OPERATES AN AFFORDABLE HOUSING APARTMENT COMPLEX WITH 24 2-BEDROOM AND 32 3-BEDROOM UNITS. THE UNITS ARE LEASED TO FAMILIES OF LOW AND MODERATE-INCOME LEVELS. IN ADDITION, C.H.I PROVIDES VARIOUS OTHER TYPES OF PROGRAMS FOR THEIR RESIDENTS WHICH INDLUDES COUNSELING IN BUDGETING AND FINANCE, CREDIT COUNSELING, HOME MAINTENANCE, AND AFFORDABLE DAYCARE COORDINATION. THE COMPANY ALSO OFFERS HOME OWNERSHIP OPPORTUNITIES TO THEIR RESIDENTS BY ALLOWING THEM TO QUALIFY A PORTION OF THEIR RENT TOWARDS A DOWN PAYMENT.

FIRST TIME HOMEBUYER ASSISTANCE PROGRAMS. WE PROVIDE DOWN PAYMENT, CLOSING COST AND IN SOME INSTANCES REPAIR ASSISTANCE TO VERY LOW, LOW AND MODERATE INCOME PEOPLE SO THAT THEY CAN PURCHASE A FIRST TIME HOME.AS A DEVELOPER, C.H.I. IS BUILDING SINGLE FAMILY HOMES IN THE CITIES OF MELBOURNE AND COCOA THAT WILL BE SOLD TO INCOME ELIGIBLE FIRST TIME HOMEBUYERS. AS OF JUNE 30, 2020, C.H.I HAS COMPLETED OVER 30 INFILL HOMES.NEIGHBORHOOD STABILIZATION PROGRAM: STIMULUS FUNDS RECEIVED FROM HUD USED TO PURCHASE FORECLOSED HOMES, REHAB THEM AND THEN SELL THEM TO VERY LOW TO MODERATE INCOME FAMILIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Nicole TenpennyPRESIDENT/EXECUTIVE DIRECT40$108,597
Brenda WeedFINANCIAL SPECIALIST10$18,200
Ellen HeuserBOARD MEMBER1$0
Mariann RiosBOARD MEMBER1$0
Marilyn McandrewVICE CHAIR1$0
Tina JohnsCHAIRPERSON1$0
Donna BrowningSECRETARY1$0
Loretta WilliamsTREASURER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202012489349300216_public.xml