Equity Community Development

Equity CDC successfully completed 7 housing rehabilitations, 6 housing reconstructions and maintained a tool lending library and computer lab with access to the internet for low-income residents of Texas Colonias under the Colonia Self-Help Center (SHC) Program of the Texas Department of Housing and Community Affairs (TDHCA). TDHCA awarded the SHC Program funding, which is sourced from CDBG HUD funding, to Val Verde and Maverick Counties, the direct recipients of the grant funding. The Counties contracted with Equity CDC to provide the services in Val Verde and Maverick Counties. This program service is an activity that accomplishes our exempt purpose and fulfills our mission. The funding for the work is provided in the form of grants from a unit of government for the benefit of individual, low-income homeowners and their private residences, not for the direct benefit government itself; therefore, there is no generation of revenue to be reported here as it is considered to be a contribution (government grant) and not revenue derived from program services. Also, there are no grants to be reported here as a subcategory of Equity CDC's program services expenses as Equity CDC did not make any grants in FY 2024. Equity CDC only administered government contributions in FY 2024.

Equity CDC successfully completed accessibility modifications and housing rehabilitations of 9 low-income, owner-occupied homes as a subcontractor of Val Verde County for the American Rescue Plan Act (ARPA). Val Verde County was awarded directly from the US Treasury. This program service is an activity that accomplishes our exempt purpose and fulfills our mission. The funding for the work is provided in the form of grants from a unity of government for the benefit of the individual, low-income homeowners and their private residences, not for the direct benefit of government itself; therefore, there is no generation of revenue to be reported here as it is considered to be a contribution (government grant) and not revenue derived from program services. Also there are no grants to be reported here as a subcategory of Equity CDC's program services expenses as Equity CDC did not make any grants in FY 2024. Equity CDC only administered government contributions in FY 2024.