NONPROFIT HOUSING ORGANIZATION

What is NONPROFIT HOUSING ORGANIZATION?

NONPROFIT HOUSING ORGANIZATION meaning in Urban terms is Any private organization that is organized under state or local laws; has no part of its net earnings inuring to the benefit of any member, founder, contributor, or individual; and has a long-term record of service in providing or financing quality affordable housing for low-income families through relationships with public entities.

 

 

reference: Glossary of HUD Terms | US Department of Housing and Urban Development

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