GrantAuthority

Fair Bluff Housing Inc

Grantmaking foundation in Fair Bluff, North Carolina · EIN 58-1398448

Total giving
$25KTax year 2022
Total assets
$510KLatest reported
Latest IRS filing
2023Form 990 / 990-PF

Mission

THE CORPORATION WAS ORGANIZED TO OWN AND OPERATE A 40 UNIT APARTMENT COMMUNITY IN FAIR BLUFF, NC KNOWN AS CYPRESS VILLAGE APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AND ENTERED INTO THE STANDARD GHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF HUD. A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP) PROVIDES BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. THE APPARTMENT COMPLEX WAS SOLD DURING THE FISCAL YEAR ENDED 6/30/26 AND THE CONTRACT WITH HUD WAS CLOSED. CURRENTLY THE CORPORATION IS HOLDING THE NET PROCEEDS FROM THE SALE AWAITING TO DETERMINE THE BEST USE OF THE FUNDS TO FULFILL ITS MISSION.

Quoted from the foundation's IRS filing.

Giving by year

$110K2019
$25K2021
$25K2022

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Town of Fair Bluff$25K2021

Amounts are rounded. The full grantee list is available with a free account.

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Source: IRS Form 990 and 990-PF filings, tax year 2022. Also see this organization on ProPublica Nonprofit Explorer.