LANCASTER HOUSING OPPORTUNITY PARTNERSHIP
308 E KING STREET, LANCASTER, PA 17602 www.lhop.org

Total Revenue
$2,019,377
Total Expenses
$1,712,114
Net Assets
$10,550,545

Organizations Filed Purposes: TO CULTIVATE PARTNERSHIPS AND RESOURCES TO INCREASE THE AVAILABILITY OF QUALITY, FAIR, AND AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME RESIDENTS.

DURING THE FISCAL YEAR ENDING JUNE 30, 2020, THE LANCASTER HOUSING OPPORTUNITY PARTNERSHIP (LHOP) DELIVERED 32 HOME BUYER TRAINING COURSES. APPROXIMATELY 550 POTENTIAL FIRST TIME HOMEBUYERS COMPLETED THE FOUR-SESSION, EIGHT-HOUR COURSE. LHOP PROVIDED CLOSING COSTS LOANS AVERAGING $6,060 THAT ENABLED 68 LOW AND MODERATE INCOME FAMILIES TO PURCHASE THEIR FIRST HOME. THE TOTAL AMOUNT OF CLOSING COST LOANS ORIGINATED WAS $412,097. LHOP LOANS ARE PROVIDED INTEREST FREE WITH PAYMENT DEFERRED UNTIL RESALE.

SOWE, WHICH STANDS FOR SOUTHWEST LANCASTER, IS A RESIDENT DRIVEN NEIGHBORHOOD REVITALIZATION PROGRAM. LHOP IS THE LEAD AGENCY WORKING WITH RESIDENTS, STAKEHOLDERS, ANS A COLLABORATIVE OF PARTNERS TO IMPROVE NEIGHBORHOOD CONDITIONS RELATIVE TO BLIGHT, AFFORDABLE HOUSING, PUBLIC SAFETY, EDUCATION, ECONOMIC OPPORTUNITY AND PUBLIC SPACES, SPEARHEADED BY INITIAL PLANNING AND NOW ONGOING FUNDING FROM WELLS FARGO REGIONAL FOUNDATION, IMPLEMENTATION OF THE REVITALIZATION PLAN IS LED BY A NEIGHBORHOOD ADVISORY BOARD WITHIN THE LHOP ORGANIZATIONAL STRUCTURE AND FUNDED BY SEVERAL MAJOR FOUNDATIONS AND OTHER PHILANTHROPIC ORGANIZATIONS.

THE HOUSING EQUALITY AND EQUITY INSTITUTE (HEEI) PROVIDES TOOLS, RESOURCES, AND EDUCATION IN THE AREA OF FAIR HOUSING, FAIR LENDING, LANDLORD/TENANT, AND RENTAL HOUSING ISSUES. LHOP HAS BEEN DESIGNATED BY THE COUNTY OF LANCASTER AS THE LOCAL LEAD AGENCY (LLA) FOR PROJECTS WHICH RECEIVE LOW INCOME HOUSING TAX CREDITS AND PROJECT 811 RENTAL ASSISTANCE FUNDS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Raymond D'Agostino JrEXECUTIVE DIRECTOR37.5$92,658
Michael TruongBOARD MEMBER0.5$0
Kathryn SandoeBOARD MEMBER0.5$0
Dan JurmanBOARD MEMBER THRU JAN. 20200.5$0
Evon BergeyBOARD MEMBER0.5$0
Karen WeibelBOARD MEMBER0.5$0
Gary WeaverBOARD MEMBER0.5$0
Tim ShermanBOARD MEMBER0.5$0
Randy PattersonBOARD MEMBER0.5$0
Carole KirchnerBOARD MEMBER0.5$0
Dana NonnenmocherBOARD MEMBER0.5$0
Barry HersheyBOARD MEMBER0.5$0
Tom ShowersBOARD MEMBER0.5$0
Lenny WaltonBOARD MEMBER0.5$0
Carolyn FrenchBOARD MEMBER0.5$0
Lisa GreenerTREASURER0.8$0
Abby TuckerSECRETARY0.8$0
Jeff ScheurenVICE PRESIDENT0.8$0
Richard JacksonPRESIDENT0.8$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202140709349300309_public.xml