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      <PersonNm>KATHY EBNER</PersonNm>
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      <ActivityOrMissionDesc>PLEASE SEE SCHEDULE O HOMES FOR AMERICA, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND SPECIAL NEEDS POPULATIONS.</ActivityOrMissionDesc>
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      <MissionDesc>HOMES FOR AMERICA, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND PRESERVING HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS AND SPECIAL NEEDS POPULATIONS.</MissionDesc>
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      <Desc>SEE SCHEDULE OHOMES FOR AMERICA CARRIED OUT ITS MISSION BY SERVING 7,797 LOW INCOME PERSONS IN ITS RENTAL COMMUNITIES. THE AVERAGE INCOME OF HOUSEHOLDS IN COMMUNITIES THAT ARE AGE RESTRICTED TO SENIORS 62 YEARS AND OLDER WAS $18,841 AND 37.5% OF ALL THE SENIOR HOUSEHOLDS HAD ANNUAL INCOME BELOW $15,000. THE AVERAGE INCOME OF HOUSEHOLDS IN GENERAL OCCUPANCY HOUSING WAS $20,778 AND 44.7% HAD INCOME BELOW $15,000.HOMES FOR AMERICA DEVELOPMENT ACTIVITIES INCLUDED THE FOLLOWING: 1- CLOSED ON CONSTRUCTION FINANCING AND BEGAN CONSTRUCTION FOR AN 80 UNIT NEW CONSTRUCTION SENIOR PROPERTY IN SANDY SPRINGS, MARYLAND 2-REFINANCED A PROPERTY IN GLEN BURNIE, MARYLAND LOWERING THE INTEREST RATE AND PROVIDED FUNDS TO IMPROVE THE PROPERTY.HOMES FOR AMERICA ALSO PROVIDED ASSET MANAGEMENT SERVICES FOR 70 COMMUNITIES IN THE ORGANIZATION'S PORTFOLIO; THE ORGANIZATION PERFORMS REGULAR SITE INSPECTIONS, MONITORS INSURANCE POLICIES AND CLOSELY TRACKS ALL FINANCIAL AND OPERATING ASPECTS OF ITS PROPERTIES DURING LEASE UP AND OPERATIONS. KEY ASSET MANAGEMENT ACCOMPLISHMENTS DURING THE YEAR INCLUDED: 1- CONTINUED THE PRACTICE OF MAKING THE PORTFOLIO MORE ENERGY EFFICIENT AND EXECUTED GRANT AGREEMENTS AND BEGAN ENERGY CONSERVATION IMPROVEMENTS FOR ONE PROPERTIES; EIGHT ENERGY CONSERVATION IMPROVEMENT PROJECTS WERE COMPLETED. 2- COMPLETED THE EXIT OF LIMITED PARTNER IN A 56 UNIT LEASE PURCHASE PROPERTY IN ANNAPOLIS, MARYLAND AND REFINANCED THE FIRST LOAN DEBT PRIOR TO MATURITY. ALSO, ONE HOME WAS SOLD TO A COMMUNITY RESIDENT.HFA ALSO MANAGED RESIDENT SERVICE PROGRAMS AND ACTIVITIES AT 63 MULTIFAMILY COMMUNITIES 25 SERVING FAMILIES, AND 38 SERVING SENIOR COMMUNITIES. LEVERAGED GRANT FUND RECEIVED BY THE ORGANIZATION TO SUPPLEMENT PROPERTY BUDGETS TO SUPPORT SERVICE COSTS AT THE COMMUNITIES. TOTAL EXPENDITURES FOR RESIDENT SERVICES FROM HFA RESOURCES, PROPERTY BUDGETS, GRANTS AND CONTRIBUTIONS WERE APPROXIMATELY $700,000. OVER 250 ORGANIZATIONS PARTICIPATED IN PROVIDING SERVICES ON A REGULAR BASIS. CONTINUED TO RANK RESIDENT SERVICES BASED ON ESTABLISHED SERVICE STANDARDS FOR SENIOR AND FAMILY HOUSING COMMUNITIES.</Desc>
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        <Desc>SEE SCHEDULE O HOMES FOR AMERICA, IS THE SOLE MEMBER OF HOMES FOR BRIDGEVILLE, LLC, WHICH IS INCLUDED HEREIN. HOMES FOR BRIDGEVILLE, LLC, A 50-UNIT APARTMENT COMMUNITY, HAS SERVICE AND PROGRAM ACTIVITIES SERVING ITS FAMILIES THAT INCLUDE AN AFTERSCHOOL HOMEWORK CLUB, A WINTER HEALTH CLINIC, BACK TO SCHOOL GIVE-A-WAY, SOCIAL AND RECREATIONAL PROGRAMS, WEEKLY SUMMER CAMP OPPORTUNITIES WITH TRANSPORTATION, REFERRALS FOR HEALTH RESOURCES, NUTRITION AND RENTAL ASSISTANCE AND A MONTHLY MOBILE FOOD PANTRY. ADDITIONALLY, A COMPUTER LAB IS OPEN FOR ALL RESIDENTS AND PUBLIC TRANSPORTATION IS AVAILABLE NEAR THE ENTRANCE OF THE COMMUNITY.</Desc>
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        <Desc>HOMES FOR AMERICA, INC. IS THE SOLE MEMBER OF SEVERAL LLC'S WHICH ARE INCLUDED HEREIN. CORNER HOUSE HFA, LLC HOLDS AN INVESTMENT IN FOUNTAIN PLACE ASSOCIATES LIMITED PARTNERSHIP, BAY FOREST HFA LLC HOLDS AN INVESTMENT IN HOMES FOR ANNAPOLIS LIMITED PARTNERSHIP, GATEWAY VILLAGE I HFA, LLC HOLDS AN INVESTMENT IN SALISBURY SENIOR HOUSING LIMITED PARTNERSHIP, AND HFA Y15LP LLC HOLDS AN INVESTMENT IN CHESTNUT SQUARE LIMITED PARTNERSHIP AND GLENBURN ASSOCIATES LIMITED PARTNERSHIP.</Desc>
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        <PersonNm>SHAUNA SORRELLS EFF 10-29-18</PersonNm>
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        <AverageHoursPerWeekRltdOrgRt>0.00</AverageHoursPerWeekRltdOrgRt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>JEFFREY STERN EFF 3-28-19</PersonNm>
        <TitleTxt>DIRECTOR</TitleTxt>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>KATHY EBNER</PersonNm>
        <TitleTxt>PRESIDENT &amp; CEO</TitleTxt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>DIANE CLYDE</PersonNm>
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        <AverageHoursPerWeekRltdOrgRt>1.00</AverageHoursPerWeekRltdOrgRt>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>JOLLY BURKS</PersonNm>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>FRANK FUDALA</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>DIANA TALIOS</PersonNm>
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      <Form990PartVIISectionAGrp>
        <PersonNm>DAVID BLALOCK</PersonNm>
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        <AverageHoursPerWeekRltdOrgRt>0.00</AverageHoursPerWeekRltdOrgRt>
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        <ReportableCompFromOrgAmt>101800</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>18554</OtherCompensationAmt>
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      <Form990PartVIISectionAGrp>
        <PersonNm>DOUG SMITH</PersonNm>
        <TitleTxt>PORTFOLIO MANAGER</TitleTxt>
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        <AverageHoursPerWeekRltdOrgRt>0.00</AverageHoursPerWeekRltdOrgRt>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>18129</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>MARY SMITH</PersonNm>
        <TitleTxt>CONTROLLER</TitleTxt>
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        <AverageHoursPerWeekRltdOrgRt>0.00</AverageHoursPerWeekRltdOrgRt>
        <HighestCompensatedEmployeeInd>X</HighestCompensatedEmployeeInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>19756</OtherCompensationAmt>
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      <TotalReportableCompFromOrgAmt>1201310</TotalReportableCompFromOrgAmt>
      <TotReportableCompRltdOrgAmt>0</TotReportableCompRltdOrgAmt>
      <TotalOtherCompensationAmt>149734</TotalOtherCompensationAmt>
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      <FormerOfcrEmployeesListedInd>0</FormerOfcrEmployeesListedInd>
      <TotalCompGreaterThan150KInd>1</TotalCompGreaterThan150KInd>
      <CompensationFromOtherSrcsInd>0</CompensationFromOtherSrcsInd>
      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
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      <AllOtherContributionsAmt>140760</AllOtherContributionsAmt>
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      <ProgramServiceRevenueGrp>
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      <ProgramServiceRevenueGrp>
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      <GrantsToDomesticOrgsGrp>
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      <CompCurrentOfcrDirectorsGrp>
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        <ProgramServicesAmt>79223</ProgramServicesAmt>
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      <OtherEmployeeBenefitsGrp>
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        <ProgramServicesAmt>103971</ProgramServicesAmt>
        <ManagementAndGeneralAmt>13724</ManagementAndGeneralAmt>
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      <PayrollTaxesGrp>
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        <ProgramServicesAmt>93758</ProgramServicesAmt>
        <ManagementAndGeneralAmt>15061</ManagementAndGeneralAmt>
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      <FeesForServicesManagementGrp>
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        <ProgramServicesAmt>29288</ProgramServicesAmt>
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      <FeesForServicesLegalGrp>
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        <ProgramServicesAmt>19276</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4231</ManagementAndGeneralAmt>
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      <FeesForServicesAccountingGrp>
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        <ProgramServicesAmt>8320</ProgramServicesAmt>
        <ManagementAndGeneralAmt>63000</ManagementAndGeneralAmt>
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      <FeesForServicesOtherGrp>
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        <ProgramServicesAmt>60324</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5626</ManagementAndGeneralAmt>
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      <AdvertisingGrp>
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        <ProgramServicesAmt>3328</ProgramServicesAmt>
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      <OfficeExpensesGrp>
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        <ProgramServicesAmt>131882</ProgramServicesAmt>
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      <OccupancyGrp>
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        <ProgramServicesAmt>235899</ProgramServicesAmt>
        <ManagementAndGeneralAmt>38304</ManagementAndGeneralAmt>
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      <TravelGrp>
        <TotalAmt>28260</TotalAmt>
        <ProgramServicesAmt>23394</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4866</ManagementAndGeneralAmt>
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      <InterestGrp>
        <TotalAmt>18733</TotalAmt>
        <ProgramServicesAmt>18733</ProgramServicesAmt>
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      <DepreciationDepletionGrp>
        <TotalAmt>36353</TotalAmt>
        <ProgramServicesAmt>31383</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4970</ManagementAndGeneralAmt>
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      <InsuranceGrp>
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        <ProgramServicesAmt>29197</ProgramServicesAmt>
        <ManagementAndGeneralAmt>3533</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>LOSSES ON INVESTMENT</Desc>
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        <ProgramServicesAmt>459047</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>RESIDENT SERVICE EXP.</Desc>
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        <ProgramServicesAmt>101051</ProgramServicesAmt>
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      <OtherExpensesGrp>
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        <ProgramServicesAmt>82815</ProgramServicesAmt>
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      <OtherExpensesGrp>
        <Desc>REAL ESTATE TAXES</Desc>
        <TotalAmt>26724</TotalAmt>
        <ProgramServicesAmt>26153</ProgramServicesAmt>
        <ManagementAndGeneralAmt>571</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
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        <ProgramServicesAmt>15367</ProgramServicesAmt>
        <ManagementAndGeneralAmt>21606</ManagementAndGeneralAmt>
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      <TotalFunctionalExpensesGrp>
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        <ProgramServicesAmt>3834675</ProgramServicesAmt>
        <ManagementAndGeneralAmt>417489</ManagementAndGeneralAmt>
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      <CashNonInterestBearingGrp>
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        <EOYAmt>331</EOYAmt>
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      <SavingsAndTempCashInvstGrp>
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        <EOYAmt>6711070</EOYAmt>
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        <EOYAmt>12092084</EOYAmt>
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        <EOYAmt>4326155</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
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        <EOYAmt>11574</EOYAmt>
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      <LandBldgEquipBasisNetGrp>
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        <EOYAmt>394235</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>916097</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <InvestmentsOtherSecuritiesGrp>
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        <EOYAmt>900000</EOYAmt>
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        <EOYAmt>834974</EOYAmt>
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      <TotalAssetsGrp>
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        <EOYAmt>26186520</EOYAmt>
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        <EOYAmt>72848</EOYAmt>
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        <EOYAmt>2068522</EOYAmt>
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        <EOYAmt>2794494</EOYAmt>
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        <BOYAmt>1950072</BOYAmt>
        <EOYAmt>2654790</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>7834845</BOYAmt>
        <EOYAmt>7590654</EOYAmt>
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      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
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        <EOYAmt>18595866</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>17813541</BOYAmt>
        <EOYAmt>18595866</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>25648386</BOYAmt>
        <EOYAmt>26186520</EOYAmt>
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      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>866810</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>-84484</NetUnrlzdGainsLossesInvstAmt>
      <OtherChangesInNetAssetsAmt>-1</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <ConsolidatedBasisFinclStmtInd>X</ConsolidatedBasisFinclStmtInd>
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      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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      <GiftsGrantsContrisRcvd509Grp>
        <CurrentTaxYearMinus4YearsAmt>871437</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>238038</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>241597</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>1181562</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>3033388</CurrentTaxYearAmt>
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        <CurrentTaxYearMinus2YearsAmt>3565022</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>3719722</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>1837003</CurrentTaxYearAmt>
        <TotalAmt>24128498</TotalAmt>
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      <Total509Grp>
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        <CurrentTaxYearMinus3YearsAmt>3337187</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>3806619</CurrentTaxYearMinus2YearsAmt>
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        <CurrentTaxYearAmt>4870391</CurrentTaxYearAmt>
        <TotalAmt>29694520</TotalAmt>
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      <AmountsRcvdDsqlfyPersonGrp>
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      <SubstantialContributorsAmtGrp>
        <TotalAmt>0</TotalAmt>
      </SubstantialContributorsAmtGrp>
      <SubstAndDsqlfyPrsnsTotGrp>
        <TotalAmt>0</TotalAmt>
      </SubstAndDsqlfyPrsnsTotGrp>
      <PublicSupportTotal509Amt>29694520</PublicSupportTotal509Amt>
      <GrossInvestmentIncome509Grp>
        <CurrentTaxYearMinus4YearsAmt>184016</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>157060</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>267745</CurrentTaxYearMinus2YearsAmt>
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        <CurrentTaxYearAmt>248583</CurrentTaxYearAmt>
        <TotalAmt>1098871</TotalAmt>
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      <InvestmentIncomeAndUBTIGrp>
        <CurrentTaxYearMinus4YearsAmt>184016</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>157060</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>267745</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>241467</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>248583</CurrentTaxYearAmt>
        <TotalAmt>1098871</TotalAmt>
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      <OtherIncome509Grp>
        <CurrentTaxYearMinus2YearsAmt>963198</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>963198</TotalAmt>
      </OtherIncome509Grp>
      <TotalSupportCalendarYearGrp>
        <CurrentTaxYearMinus4YearsAmt>12963055</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>3494247</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>5037562</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>5142751</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>5118974</CurrentTaxYearAmt>
        <TotalAmt>31756589</TotalAmt>
      </TotalSupportCalendarYearGrp>
      <PublicSupportCY509Pct>0.93510</PublicSupportCY509Pct>
      <PublicSupportPY509Pct>0.93590</PublicSupportPY509Pct>
      <InvestmentIncomeCYPct>0.03460</InvestmentIncomeCYPct>
      <InvestmentIncomePYPct>0.03480</InvestmentIncomePYPct>
      <ThirtyThrPctSuprtTestsCY509Ind>X</ThirtyThrPctSuprtTestsCY509Ind>
      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>PART III, SECTION B, LINE 12</FormAndLineReferenceDesc>
        <ExplanationTxt>DURING THE YEAR ENDED MARCH 31, 2017 AS PART OF THE AUDIT OF THE FINANCIAL STATEMENTS, MANAGEMENT'S ANALYSES OF THREE LOANS AND RELATED ACCRUED INTEREST LED MANAGEMENT TO REMOVE ITS LOAN LOSS ALLOWANCE. THE ORGANIZATION COLLECTED ON THOSE LOANS IN FULL DURING THE YEAR ENDED MARCH 31, 2018. ADDITIONALLY, DURING THE YEAR ENDED MARCH 31, 2017, ONE LOAN AND RELATED ACCRUED INTEREST OF $1,653,955 WAS DEEMED PERMANENTLY IMPAIRED AND NO FUTURE COLLECTION IS EXPECTED. THE ADJUSTMENT TO LOANS RECEIVABLE AND THE ALLOWANCE FOR LOAN LOSSES RESULTED IN A NET LOAN LOSS RECOVERY OF $963,198 THAT IS RECORDED AS OTHER INCOME IN THE CONSOLIDATED AND COMBINED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED MARCH 31, 2017.</ExplanationTxt>
      </Form990ScheduleAPartVIGrp>
    </IRS990ScheduleA>
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        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
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        <OtherCostOrOtherBasisAmt>44500</OtherCostOrOtherBasisAmt>
        <BookValueAmt>44500</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>349584</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>60451</DepreciationAmt>
        <BookValueAmt>289133</BookValueAmt>
      </BuildingsGrp>
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>64938</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>47962</DepreciationAmt>
        <BookValueAmt>16976</BookValueAmt>
      </LeaseholdImprovementsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>157271</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>125241</DepreciationAmt>
        <BookValueAmt>32030</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>52339</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>40743</DepreciationAmt>
        <BookValueAmt>11596</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>394235</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>SECURITY DEPOSITS</Desc>
        <Amt>15835</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DEVELOPER FEE PAYABLE</Desc>
        <Amt>466336</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO CHESTNUT SQUARE HOA</Desc>
        <Amt>23224</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>DUE TO AFFILIATES</Desc>
        <Amt>2625</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER INVT (LOSSES) IN AFFILIATES</Desc>
        <Amt>2146770</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>2654790</TotalLiabilityAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>48931323</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>-84484</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>43896833</OtherRevenueAmt>
      <RevenueNotReportedAmt>43812349</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>5118974</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>5118974</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>55669671</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>51417507</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>51417507</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>4252164</ExpensesSubtotalAmt>
      <ExpensesNotRptFinclStmtAmt>0</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>4252164</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>HFA, HFA COMMUNITY HOUSING DEVELOPMENT, INC., HOMES FOR ARUNDEL, INC., HOMES FOR LAUREL, INC., HOMES FOR LAUREL II, INC., HOMES FOR MCCONNELLSBURG, INC., AND HOMES FOR SHIPPENSBURG, INC. (COLLECTIVELY, THE "CORPORATIONS") HAVE APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THERE WAS NO SIGNIFICANT UNRELATED BUSINESS INCOME FOR THE YEARS ENDED MARCH 31, 2019 AND 2018. DUE TO THEIR TAX-EXEMPT STATUS, THE CORPORATIONS ARE NOT SUBJECT TO INCOME TAXES. THE CORPORATIONS ARE REQUIRED TO FILE AND DO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. TAX YEARS STILL OPEN FOR IRS EXAMINATION FOR THE CORPORATIONS ARE THE YEARS ENDED MARCH 31, 2016, 2017 AND 2018.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>INCOME FROM ENTITIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>EXPENSES FROM ENTITIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HOMES FOR SALISBURY LP</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <RecipientEIN>753031936</RecipientEIN>
        <CashGrantAmt>88867</CashGrantAmt>
        <PurposeOfGrantTxt>ENERGY IMPROVEMENT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN LP</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <RecipientEIN>541922766</RecipientEIN>
        <CashGrantAmt>489811</CashGrantAmt>
        <PurposeOfGrantTxt>ENERGY IMPROVEMENT</PurposeOfGrantTxt>
      </RecipientTable>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN II LP</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <RecipientEIN>680541880</RecipientEIN>
        <CashGrantAmt>465320</CashGrantAmt>
        <PurposeOfGrantTxt>ENERGY IMPROVEMENT</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>0</Total501c3OrgCnt>
      <TotalOtherOrgCnt>3</TotalOtherOrgCnt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANT FUNDS FOR ENERGY IMPROVEMENTS: GRANT FUNDS ARE DISBURSED TO THE GRANTEE AS ENERGY IMPROVEMENTS ARE COMPLETED. VENDOR INVOICES ARE SUBMITTED WITH REQUESTS FOR DISBURSEMENTS AND THEY ARE REVIEWED BY HOMES FOR AMERICA TO ENSURE DISBURSEMENTS ARE APPROPRIATE WITHIN THE GRANT GUIDELINES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>KATHY EBNER</PersonNm>
        <TitleTxt>PRESIDENT &amp; CEO</TitleTxt>
        <BaseCompensationFilingOrgAmt>202400</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>20000</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>15568</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>10553</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>248521</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>DIANE CLYDE</PersonNm>
        <TitleTxt>EXECUTIVE VICE PRESIDENT</TitleTxt>
        <BaseCompensationFilingOrgAmt>175738</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>600</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>12344</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>0</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>188682</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>JOLLY BURKS</PersonNm>
        <TitleTxt>VICE PRESIDENT &amp; CFO</TitleTxt>
        <BaseCompensationFilingOrgAmt>175727</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>600</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>12343</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>491</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>189161</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>DIANA TALIOS</PersonNm>
        <TitleTxt>DEVELOPMENT DIRECTOR</TitleTxt>
        <BaseCompensationFilingOrgAmt>134630</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>600</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>9466</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>12518</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>157214</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DRAFT OF FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AND AUTHORIZED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE WRITTEN CONFLICT OF INTEREST POLICY IS DISCUSSED AS NEEDED AND ALL OFFICERS AND DIRECTORS SIGN ANNUALLY A STATEMENT ACKNOWLEDGING THE POLICY AND RECUSING THEMSELVES WHEN ITEMS WITH POTENTIAL CONFLICTS ARE DISCUSSED AND AUTHORIZED BY THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION FOR THE PRESIDENT IS APPROVED BY BOARD USING COMPARABILITY DATA. COMPENSATION OF OTHERS IS APPROVED BY THE BOARD THROUGH THE ANNUAL BUDGET PROCESS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9:</FormAndLineReferenceDesc>
        <ExplanationTxt>ROUNDING -1.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc1043400001">
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>BAY FOREST HFA LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>521901220</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <TotalIncomeAmt>43063</TotalIncomeAmt>
        <EndOfYearAssetsAmt>-48686</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>CORNER HOUSE HFA LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>471390836</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <TotalIncomeAmt>-54778</TotalIncomeAmt>
        <EndOfYearAssetsAmt>-54851</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>GATEWAY VILLAGE I HFA LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>474638348</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <TotalIncomeAmt>-20724</TotalIncomeAmt>
        <EndOfYearAssetsAmt>344682</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HOMES FOR BRIDGEVILLE LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>454588298</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <TotalIncomeAmt>379844</TotalIncomeAmt>
        <EndOfYearAssetsAmt>786120</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdDisregardedEntitiesGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HFA Y15LP LLC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>475357125</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <TotalIncomeAmt>29395</TotalIncomeAmt>
        <EndOfYearAssetsAmt>61062</EndOfYearAssetsAmt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
      </IdDisregardedEntitiesGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>ESSEX HOUSE NEIGHBORHOOD CORP</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
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        <PrimaryActivitiesTxt>R/E INVESTMENT</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>VA</LegalDomicileStateCd>
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        <PublicCharityStatusTxt>LINE 11</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
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      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HFA COMMUNITY HOUSING DEVELOPMENT INC</BusinessNameLine1Txt>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>262155870</EIN>
        <PrimaryActivitiesTxt>R/E DEVELOPMENT-CHDO</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
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        <PublicCharityStatusTxt>LINE 11</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
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      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HOMES FOR ARUNDEL INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>542119728</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501(C)(3)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>LINE 11</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HOMES FOR LAUREL II INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>364569310</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501(C)(3)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>LINE 11</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HOMES FOR LAUREL INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>522258299</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501(C)(3)</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>LINE 11</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HOMES FOR AMERICA</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <ControlledOrganizationInd>0</ControlledOrganizationInd>
      </IdRelatedTaxExemptOrgGrp>
      <IdRelatedTaxExemptOrgGrp>
        <DisregardedEntityName>
          <BusinessNameLine1Txt>HOMES FOR MCCONNELLSBURG INC</BusinessNameLine1Txt>
        </DisregardedEntityName>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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          <BusinessNameLine1Txt>BOOTH STREET LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>CHAPLINE ASSOCIATES II LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>180 ADMIRAL COCHRANE DR</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>CHAPLINE ASSOCIATES LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>180 ADMIRAL COCHRANE DR</AddressLine1Txt>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>CITY ARTS II LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>CITY ARTS LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>270442796</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
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        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>CLARE COURT LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>331006669</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>DARBYTOWN MEADOWS LLC</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>260093958</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>ESSEX HOUSE LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>522098186</EIN>
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        <LegalDomicileStateCd>VA</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>FOUNTAIN PLACE ASSOC LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>521946936</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
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          <BusinessNameLine1Txt>CORNER HOUSE HFA LLC</BusinessNameLine1Txt>
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        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>FOXTAIL CROSSING II LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>454533116</EIN>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>FRED I LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>FRED II LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>043675554</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>GATEWAY VILLAGE II LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>522116418</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>GATEWAY VILLAGE III LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>522272632</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>GLENBURN ASSOCIATES LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>522052708</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>HFA Y15LP LLC</BusinessNameLine1Txt>
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        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
        <OwnershipPct>0.99000</OwnershipPct>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HDCHDI SHIPPENSBURG LLC</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>522298688</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HDCTRFJUBILEE LLC</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>271080070</EIN>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HDC-HRH VIRGINIA LLC</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>043675538</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE INVESTMENTS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES AT BERLIN LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>522298681</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR ABERDEEN LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>471430657</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR ANNAPOLIS LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>541820786</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>BAY FOREST HFA LLC</BusinessNameLine1Txt>
        </DirectControllingEntityName>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <ShareOfTotalIncomeAmt>43063</ShareOfTotalIncomeAmt>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
        <OwnershipPct>0.99000</OwnershipPct>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR CAMBRIDGE LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>770630206</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR CHAMBERSBURG LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>203724027</EIN>
        <PrimaryActivitiesTxt>REAL ESTATE RENTALS</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>PA</LegalDomicileStateCd>
        <DirectControllingNACd>N/A</DirectControllingNACd>
        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR CUMBERLAND LP</BusinessNameLine1Txt>
        </RelatedOrganizationName>
        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
        </USAddress>
        <EIN>260422796</EIN>
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      <IdRelatedOrgTxblPartnershipGrp>
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      <IdRelatedOrgTxblPartnershipGrp>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
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      <IdRelatedOrgTxblPartnershipGrp>
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      <IdRelatedOrgTxblPartnershipGrp>
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      <IdRelatedOrgTxblPartnershipGrp>
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          <BusinessNameLine1Txt>HOMES FOR HAMILTON HILLS LP</BusinessNameLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
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          <BusinessNameLine1Txt>HOMES FOR HURLOCK LP</BusinessNameLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR OLDE TOWNE GAIT LP</BusinessNameLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR POCOMOKE CITY LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN II LP</BusinessNameLine1Txt>
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          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
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      <IdRelatedOrgTxblPartnershipGrp>
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          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN LP</BusinessNameLine1Txt>
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        <USAddress>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR SALISBURY LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR WALBROOK LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <EIN>205385299</EIN>
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        <PredominantIncomeTypeTxt>N/A</PredominantIncomeTypeTxt>
        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>HOMES ON THE GLEN LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>JENKINS HOUSE LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
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        <EIN>205791654</EIN>
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        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>MANOR EAST LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
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      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>MARIAN HOUSE II LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <GeneralOrManagingPartnerInd>1</GeneralOrManagingPartnerInd>
      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>MITCHELL POND LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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      </IdRelatedOrgTxblPartnershipGrp>
      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>PINEY RIDGE VILLAGE ASSOC LP</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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      <IdRelatedOrgTxblPartnershipGrp>
        <RelatedOrganizationName>
          <BusinessNameLine1Txt>RESTORATION GARDENS LLC</BusinessNameLine1Txt>
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        <USAddress>
          <AddressLine1Txt>318 SIXTH STREET</AddressLine1Txt>
          <CityNm>ANNAPOLIS</CityNm>
          <StateAbbreviationCd>MD</StateAbbreviationCd>
          <ZIPCd>21403</ZIPCd>
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        <LegalDomicileStateCd>MD</LegalDomicileStateCd>
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        <DisproportionateAllocationsInd>0</DisproportionateAllocationsInd>
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          <BusinessNameLine1Txt>HOMES DEVELOPMENT CORP</BusinessNameLine1Txt>
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          <BusinessNameLine1Txt>MANOR EAST LP</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>D</TransactionTypeTxt>
        <InvolvedAmt>1109092</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR EMMITSBURG LP</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>D</TransactionTypeTxt>
        <InvolvedAmt>1100000</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOME FOR FREDERICK LP</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>D</TransactionTypeTxt>
        <InvolvedAmt>100000</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>CITY ARTS II LP</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>D</TransactionTypeTxt>
        <InvolvedAmt>210344</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR HAGERSTOWN LLC</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>380147</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR SALISBURY LP</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>88867</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES DEVELOPMENT CORPORATION</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>760673</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>465320</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
          <BusinessNameLine1Txt>HOMES FOR REISTERSTOWN II</BusinessNameLine1Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>B</TransactionTypeTxt>
        <InvolvedAmt>489811</InvolvedAmt>
      </TransactionsRelatedOrgGrp>
    </IRS990ScheduleR>
  </ReturnData>
</Return>