AFFORDABLE HOUSING CONNECTIONS INC
400 SELBY AVENUE NO B, ST PAUL, MN 55102 www.ahcinc.net

Total Revenue
$1,497,319
Total Expenses
$1,394,760
Net Assets
$1,447,671

Organizations Filed Purposes: A RESOURCE TO ORGANIZATIONS WITHIN THE HOUSING INDUSTRY WHOSE MISSION OR FOCUS IS THE OPERATION, PRESERVATION, AND EXPANSION OF AFFORDABLE HOUSING. THE MISSION IS ACCOMPLISHED THROUGH THREE MAIN ACTIVITIES: COMPLIANCE MONITORING, RELATED TRAINING, AND CONSULTING.

A RESOURCE TO ORGANIZATIONS THAT OPERATE, PRESERVE, AND EXPAND AFFORDABLE HOUSING.

COMPLIANCE MONITORING: AHC PROVIDES DUE DILIGENCE REPORTS TO LOCAL ALLOCATORS OF SEC. 42 HOUSING TAX CREDITS, TO THE CITIES OF MINNEAPOLIS-SAINT PAUL, AND HENNEPIN COUNTY, DAKOTA COUNTY AND ST. LOUIS COUNTY CONSORTIA AS HOME PROGRAM PARTICIPATING JURISDICTIONS (PJ), TO THE CITY OF SAINT PAUL FOR THE NEIGHBORHOOD STABILIZATION PROGRAM (NSP) AND, TO THE FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) FOR THE AFFORDABLE HOUSING PROGRAM (AHP). REPORTS ARE BASED ON REVIEW OF OWNER'S ANNUAL COMPLIANCE REPORTS, RANDOMLY-SELECTED TENANT FILES AND PHYSICAL INSPECTION OF THE PROPERTY, COMMON AREAS AND SELECTED UNIT INTERIORS. AHC COMPLIANCE WORKLOAD INCLUDED 442 PROJECTS TOTALING 29,805 UNITS DURING CALENDAR YEAR 2020. WORKLOAD IS CENTERED IN THE TWIN CITIES METRO AREA BUT ALSO INCLUDES PROJECTS IN GREATER MINNESOTA. COMPLIANCE MONITORING REVIEWS FOCUSED ON OWNER/MANAGING AGENT APPLICATION OF FEDERAL INCOME AND RENT LIMITS AND FEDERAL STANDARDS FOR HOUSEHOLD ELIGIBILITY.

TRAINING: AHC CONDUCTS TRAINING SESSIONS FOR PROPERTY MANAGERS, SITE MANAGERS, COMPLIANCE OFFICERS AND OWNERS OF INCOME OR RENT-RESTRICTED RENTAL HOUSING PROJECTS. TRAINING FOCUSES ON PROGRAM COMPLIANCE RELATED TO HUD AND IRS REGULATIONS, POLICIES, AND PROCEDURES. AHC CONDUCTED 5 CLASSROOM SESSIONS WITH TOTAL ATTENDANCE BY 220 INDIVIDUALS. TRAINING WAS TO INFORM THE OWNERS/MANAGERS OF AFFORDABLE HOUSING PROJECTS WITH SEC. 42 TAX CREDITS AND/OR HOME FUNDING ABOUT THE FEDERAL GOVERNMENT REQUIREMENTS RELATED TO STANDARDS FOR HOUSEHOLD ELIGIBILITY, INCOME AND RENT LIMITS, AND INDUSTRY "BEST PRACTICES" FOR DUE DILIGENCE AND DOCUMENTATION.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Lyn BurtonEXECUTIVE DIRECTOR40$173,500
Curt TriskoDIRECTOR1$0
Kate SpeedDIRECTOR1$0
Jennifer KeoghDIRECTOR1$0
Jay JensenDIRECTOR1$0
Shawn HucklebyDIRECTOR1$0
Shannon GuernseyDIRECTOR1$0
Barbara DacyDIRECTOR1$0
Aubrey AlbrechtDIRECTOR1$0
Daniel BurnsTREASURER1$0
Bryan HartmanSECRETARY1$0
Tom CollinsVICE CHAIRPERSON1$0
Lorrie LouderCHAIRPERSON1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202131379349305443_public.xml