Organizations Filed Purposes:
THE HOUSING FUND PROVIDES RESOURCES AND CREATIVE LEADERSHIP TO HELP LOW AND MODERATE INCOME INDIVIDUALS AND COMMUNITIES CREATE AND MAINTAIN AFFORDABLE AND HEALTHY PLACES TO LIVE. THE HOUSING FUND MAKES LOW INTEREST HOUSING, DEVELOPMENT AND COMMUNITY DEVELOPMENT LOANS TO INDIVIDUALS, FAMILIES AND DEVELOPERS TO ACQUIRE, CREATE AND MAINTAIN AFFORDABLE AND HEALTHY HOMES AND COMMUNITIES.
THE HOUSING FUND PROVIDES RESOURCES AND CREATIVE LEADERSHIP TO HELP INDIVIDUALS AND COMMUNITIES CREATE AND MAINTAIN AFFORDABLE AND HEALTHY PLACES IN WHICH LOW AND MODERATE INCOME PEOPLE LIVE.
COMMUNITY LAND TRUST (CLT) IS A STEWARDSHIP PROGRAM TO PROTECT COMMUNITY ASSETS AND PROVIDE PERMANENTLY AFFORDABLE HOUSING OPPORTUNITIES FOR GENERATIONS OF LOWER-INCOME FAMILITES AND COMMUNITIES. THE METHOD BY WHICH IT ACCOMPLISHES THIS IS CALLED "SHARED EQUITY OWNERSHIP". METRO NASHVILLE, IN CONJUNCTION WITH THE BARNES FUND HAS DONATED 15 PROPERTIES VALUTED AT $485,900 TO THE HOUSING FUND FOR THE PURPOSE OF CLT. THESE ARE SCATTERED SITE PROPERTIES IN THE FOLLOWING ZIP CODES: 37207, 37208, 37210 AND 37218. THE HOUSING FUND WILL CREATE HOUSING ON THESE PROPERITES AND FIND LOW TO MODERATE INCOME FAMILITES TO PURCHASE THESE HOUSES AND SIGN A GROUND LEASE WITH THE HOUSING FUND. A GROUND LEASE IS AN AGREEMENT BETWEEN CLT AND THE BUYER WHICH OUTLINES THE TERMS AND CONDITIONS FOR PARTICIPATING IN THE CLT. HOMEOWNERS AGREE TO RESALE ARRANGEMENTS THAT PROVIDE A SELLER WITH A SHARE OF THE HOME'S EQUITY WHILE ENSURING THE HOME REMAINS AFFORDALE FOR ANOTHER LOW- TO MODERATE-INCOME HOMEBUYER.
DOWNPAYMENT ASSISTANCE PROGRAMS - HELPS LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN BECOMING SUCCESSFUL HOME OWNERS BY PROVIDING DOWN PAYMENT AND CLOSING COST LOANS. ASSISTANCE IS PROVIDED ON A GRADUATED BASIS, DEPENDING ON HOUSEHOLD INCOME. FROM INCEPTION, MORE THAN 3,500 FAMILIES HAVE BEEN ASSISTED IN PURCHASING A HOME, WITH $24,500,000 LENT. IN FY 2019, OVER $1,580,000 WAS LENT AND 138 HOUSEHOLDS SERVED.
DEVELOPMENT LOAN PROGRAMS - PROVIDES LOANS FOR DEVELOPMENT OF AFFORDABLE HOUSING IN ALL AREAS, AS WELL AS LOANS FOR COMMUNITY FACILITIES IN LOW TO MODERATE INCOME TRACTS. FROM INCEPTION, OVER 1,826 AFFORDABLE HOUSING UNITS HAVE BEEN CONSTRUCTED OR REHABILITATED USING FUNDS FROM THE HOUSING FUND, WITH OVER $61,000,000 LENT.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Marshall Crawford | PRESIDENT/CEO | 40 | $157,013 |
| Katherine Hinson End 6819 | CHIEF FINANCIAL OFFICER | 40 | $94,291 |
| Meg Underwood | BOARD OF DIRECTORS | 1 | $0 |
| Latrisha Jemison | BOARD OF DIRECTORS | 1 | $0 |
| Amy Broadwater | BOARD SECRETARY/TREASURER | 1 | $0 |
| Miguel Vega | BOARD OF DIRECTORS | 1 | $0 |
| Michael Frazee | BOARD OF DIRECTORS | 1 | $0 |
| Donald Majors | BOARD OF DIRECTORS | 1 | $0 |
| Keith Miles | BOARD OF DIRECTORS | 1 | $0 |
| Hunter Nelson | BOARD VICE-CHAIR | 1 | $0 |
| Tyane Powell | BOARD OF DIRECTORS | 1 | $0 |
| Doug Lesky | BOARD OF DIRECTORS | 1 | $0 |
| Richard Warren Jr | BOARD OF DIRECTORS | 1 | $0 |
| Jessica Leveen Farr | BOARD OF DIRECTORS | 1 | $0 |
| Ron Crutcher | BOARD OF DIRECTORS | 1 | $0 |
| Melvin Black | BOARD OF DIRECTORS | 1 | $0 |
| Philip Mccutchan | BOARD CHAIR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202022309349300737_public.xml