Program areas at Homestart
Homestart, Inc. Serves as an owner in lease purchase and rental properties available to low- and moderate-income families. The organization serves special populations such as disabled veterans, the homeless, those recovering from addiction, and those challenged with accessibility needs. Housing opportunities provided include permanent supportive housing, fully accessible housing, and long-term lease purchase. A total of 30 housing units are owned.
O Homestart, Inc. Serves as general partner or lender in several developments of affordable housing. The housing developments include new construction, long-term lease purchase, preservation of existing affordable units, and permanent supportive housing. Homestart, Inc. is a co-general partner in liscum and fiske limited partnership. Homestart, Inc. Owns almond-homestart, Inc. to serve as the co-general partner in almond village l.p., dvc ii-homestart, Inc. to serve as the managing member in dayton view commons ii, llc., martindale-homestart, Inc. to serve as the managing member in meadows of martindale union, llc, and whitmore arms, Inc. to serve as the managing member in whitmore arms associates, llc. The organization is a shareholder in river-homestart, Inc., which owns a general partnership interest in river commons ii, llc, and a shareholder in ft. mckinley-homestart, Inc., which owns a general partnership interest in ft. mckinley homes, llc. Homestart is the managing member in ft. mckinley homes, llc. The revenue represents developer fees and interest income on loans and the expense represents interest related to the almond village, ft. mckinley homes, and meadows of martindale union projects and developer fees to the co-developers for the projects.