HOUSING ASSISTANCE COUNCIL

WASHINGTON, DC | District of Columbia
Affordable Housing

Overview

HOUSING ASSISTANCE COUNCIL
52-0939288
1828 L STREET NW STE 505
WASHINGTON, DC 20036
District of Columbia

Mission Statement info

THE MISSION OF THE HOUSING ASSISTANCE COUNCIL IS TO IMPROVE HOUSING CONDITIONS FOR THE RURAL POOR, WITH AN EMPHASIS ON THE POOREST OF THE POOR IN THE MOST RURAL PLACES.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
1971
Total Employees info
40
Total Volunteers info
15
Nonprofit Classification (NTEE Code) info
L80

L - Housing, Shelter

Housing Support

Organizations that provide supportive services which help people obtain and remain in suitable housing. Use this code for organizations that provide multiple supportive services or for supportive services specified below.

IRS Activity Codes info
402
Other activity aimed at combating community deterioration
059
Other school related activities
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services
Targeted Clients info
  • General Public
CRA Income Characteristics info
  • HUD Assistance Recipients
  • Low-Income
  • Moderate-Income
  • People Living Below Poverty Level

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
99%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2016 $1,200,000 Capital Magnet Fund open_in_new Housing Assistance Council
2020 $1,478,251 Capital Magnet Fund open_in_new Housing Assistance Council
2021 $2,812,500 Capital Magnet Fund open_in_new Housing Assistance Council
2013 $970,335 CDFI Financial Assistance open_in_new Housing Assistance Council
2020 $794,500 CDFI Financial Assistance open_in_new Housing Assistance Council
2021 $701,530 CDFI Financial Assistance open_in_new Housing Assistance Council
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Housing Assistance Council

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$26.2M
Revenue
$14.5M
Assets
$56.4M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1974-04
Deductibility Status info
Deductible
Last Tax Filing info
2022
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-09
Tax period ending in
2021-09
Tax period ending in
2020-09
Tax period ending in
2019-09
Tax period ending in
2018-09
Tax period ending in
2017-09
Tax period ending in
2016-09
Tax period ending in
2015-09

Nonprofit Location

Physical Address info
1828 L STREET NW STE 505
WASHINGTON, DC 20036
District of Columbia
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
47894
MSA/MD info
11
State info
001
County info
0107.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
47900 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Combined Statistical Area info
548 - Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
Metropolitan Division info
47894 - Washington-Arlington-Alexandria, DC-VA-MD-WV
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 39.72%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info

Not reported by nonprofit


This nonprofit has claimed its profile but has not yet provided this information.

Market Data

Census Tract County
0107.00 District of Columbia
Population
Total Population 2,296 670,587
Total Households 1,205 315,785
Income
Median Family Income (Census*) $89,152 $101,722
Median Family Income (2023 FFIEC est.) $150,100 $150,100
Tract Income Percentage 70.62% N/A
Below Poverty Level 13.7% 15.1%
Unemployment Level 4.3% 7.1%
Housing
Total Housing Units 1,364 350,372
Total Owner-Occupied Units 27.9% 41.4%
Total Renter-Occupied Units 60.4% 58.6%
Total Vacant Units 11.7% 8.8%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

16
Total Voting Members
in Governing Body
info
14
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
David Lipsetz
(202) 842-8600
Principal Officer info
David Lipsetz
findCRA Profile Owner
Eileen Neely
Director of Lending
hacloanfund@ruralhome.org
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-09.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-filing.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.