HOUSING CHANNEL
4200 S FREEWAY 307, FORT WORTH, TX 76115 www.housingchannel.org

Total Revenue
$4,988,733
Total Expenses
$4,050,423
Net Assets
$9,150,930

Organizations Filed Purposes: Revitalize distressed neighborhoods in Tarrant County and throughout Texas communities in need and increase the amounts of decent, affordable housing available to lower income families and individuals with special needs.

Affordable Rental: Housing Channel owns and professionally manages 232 multifamily units throughout Tarrant County. Units are leased at affordable rents primarily to very low- and low-income households. Many tenants are single-parents, struggling to find a safe, affordable, and pleasant environment for their children. Housing Channel takes great pride in maintaining these properties at high quality standards. As quality, affordable rental units are in high demand due to tighter mortgage qualification requirements, and low vacancy rates, tenants are encouraged to take advantage of free budget and credit counseling services offered at Housing Channel to move toward an opportunity for improved credit and homeownership opportunities.

New Construction: Housing Channel partners with local stakeholders to assist their efforts on the revitalization of some of the cities' oldest urban, inner-city neighborhoods through infill development of new single family homes to create affordable housing opportunities for lower income households. To help ensure long term sustainability for the homebuyer, HOUSING CHANNEL utilizes pioneering green building techniques to generate greatly reduced utility bills, increase air quality and provide healthier indoor atmosphere, and lower the effect to the environment. The impact of these projects have resulted in the increase in job creation; decrease of vacant, blighted infill lots; the stabilization of property values in target neighborhoods; an increase in the supply of affordable housing; and a positive impact on local revitalization efforts as it prevents further neighborhood decline.

Acquisition/Rehabilitation/Resale (Housing Rehab): The purpose of Housing Channel's Housing Rehab program is to renovate dilapidated housing stock, improve the overall viability of local neighborhoods, and create quality, affordable housing opportunities for low to moderate income families. This program impacts local redevelopment efforts by providing the community with stabilized property values and decreased renter-occupied housing to promote the revitalization of distressed neighborhoods. Additionally, these efforts impact the broader community by decreasing neighborhood crime, generating tax revenue, creating jobs, and eliminating blight, which furthers the sustainability of older neighborhoods and deteriorating urban areas. As a HUD approved affordable housing provider, Housing Channel has been able to acquire, rehabilitate and resell hundreds of units throughout Tarrant County and North Texas in an effort to preserve existing housing stock.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Donna VannessPresident40$120,041
Natalie WinchesterDirector3$0
Monica VasquezDirector3$0
Joel BurnsDirector3$0
Rebecca WatkinsDirector3$0
Reginald MccantsDirector3$0
Greer ChristianDirector3$0
Brandy O'QuinnSecretary3$0
Ken AdairDirector3$0
Christopher BrimDirector3$0
John VallanceTreasurer3$0
Martin NotoChairman5$0
Courtney Garner LewisVICE CHAIR3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202021199349300827_public.xml