Housing Channel

Fort Worth, TX   |  http://WWW.HOUSINGCHANNEL.ORG

Mission

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.

Ruling year info

1992

Principal Officer

DONNA VANNESS

Main address

2900 Airport Fwy

Fort Worth, TX 76111 United States

EIN

75-2399903

NTEE code info

Housing Development, Construction, Management (L20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2020.
Register now

Is this your nonprofit?

Login and update Why claim your profile? Learn about benefits

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: IRS Form 990

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Acquisition/Rehabilitation/Resale (Housing Rehab): The purpose of Housing Channels 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, HC 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.New Construction: HC 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, HC 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. Affordable Rental: HC owns and professionally manages 240 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. HC 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 HC to move toward an opportunity for improved credit and homeownership opportunities.

Expenses
$6,041,784
Revenue
$10,783,067

Where we work

This profile needs more info.

If it is your nonprofit, add geographic service areas to create a map on your profile.

Login and update

Financials

Housing Channel
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

This organization has no recorded board members.