Spokane Housing Ventures

Investment loss on tax credit limited partnerships and similar entities which are owned only 0.01% by shv. The properties provide low income housing in the community through washington state low income housing tax credit programs. Program expenses are related to shv's exempt purpose to provide affordable opportunities in the community. Investments in low income housing partnerships and llcs provide additional affordable housing units owned by different similar structured entities, as noted above. In addition, shv is an administrative limited partner or member with an interest of 0.001% in additional properties providing housing in washington, idaho and montana.

Shv has 100% control of northwest association for housing affordability (naha), a 501(c)(3) organization. Naha owns or has 100% control of ten residential properties. Naha has a 50% ownership interest in limited liability companies that own four residential properties. Naha has a .05% interest is a tax credit limited liability company. Program expenses are related naha and shv's tax exempt purpose to provide affordable opportunities in the community.