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    <Timestamp>2013-01-11T09:24:48-06:00</Timestamp>
    <TaxPeriodEndDate>2012-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>DUANE CLINE CPALLC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO BOX 1951</AddressLine1>
        <City>MORRISTOWN</City>
        <State>TN</State>
        <ZIPCode>378161951</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2011-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>581947675</EIN>
      <Name>
        <BusinessNameLine1>METROPOLITAN HOUSING DEVELOPMENT</BusinessNameLine1>
        <BusinessNameLine2>CORPORATION INC</BusinessNameLine2>
      </Name>
      <NameControl>METR</NameControl>
      <Phone>4235861494</Phone>
      <USAddress>
        <AddressLine1>407 EAST MAIN STREET</AddressLine1>
        <City>MORRISTOWN</City>
        <State>TN</State>
        <ZIPCode>37814</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>SUSAN LUKER</Name>
      <Title>PRESIDENT</Title>
      <Phone>4235861494</Phone>
      <DateSigned>2012-12-13</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>DUANE CLINE</Name>
      <Phone>4235879335</Phone>
      <DatePrepared>2012-12-07</DatePrepared>
    </Preparer>
    <TaxYear>2011</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
  </ReturnHeader>
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    <IRS990EZ documentId="RetDoc5" referenceDocumentId="RetDoc4">
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="RetDoc3">X</Organization501c3>
      <GrossReceipts>128297</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ProgramServiceRevenue>128282</ProgramServiceRevenue>
      <InvestmentIncome>15</InvestmentIncome>
      <TotalRevenue>128297</TotalRevenue>
      <SalariesOtherCompEmplBenefits>7361</SalariesOtherCompEmplBenefits>
      <FeesAndOthPymtToIndContractors>3020</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>24089</OccupancyRentUtilitiesAndMaint>
      <OtherExpensesTotal>93277</OtherExpensesTotal>
      <TotalExpenses>127747</TotalExpenses>
      <ExcessOrDeficitForYear>550</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>-172200</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>-171650</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>27820</BOY>
        <EOY>16953</EOY>
      </CashSavingsAndInvestments>
      <LandAndBuildings>
        <BOY>372456</BOY>
        <EOY>357995</EOY>
      </LandAndBuildings>
      <OtherAssetsTotal>
        <BOY>9031</BOY>
        <EOY>15472</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>409307</BOY>
        <EOY>390420</EOY>
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      <SumOfTotalLiabilities>
        <BOY>581507</BOY>
        <EOY>562070</EOY>
      </SumOfTotalLiabilities>
      <NetAssetsOrFundBalances>
        <BOY>-172200</BOY>
        <EOY>-171650</EOY>
      </NetAssetsOrFundBalances>
      <PrimaryExemptPurpose>HOUSING FOR LOW INCOME ELDERLY TENANTS</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>OPERATION OF HUD ASSISTED HOUSING FOR LOW INCOME ELDERLY/ HANDICAPPED TENANTS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE TOTAL NUMBER OF HUD UNITS IS 20.</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>119462</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <TotalProgramServiceExpenses>119462</TotalProgramServiceExpenses>
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        <PersonName referenceDocumentId="RetDoc2">SUSAN LUKER</PersonName>
        <AddressUS>
          <AddressLine1>PO BOX 1218</AddressLine1>
          <City>MORRISTOWN</City>
          <State>TN</State>
          <ZIPCode>37816</ZIPCode>
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        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">PAUL D SMITH</PersonName>
        <AddressUS>
          <AddressLine1>PO BOX 406</AddressLine1>
          <City>RUTLEDGE</City>
          <State>TN</State>
          <ZIPCode>37861</ZIPCode>
        </AddressUS>
        <Title>CHAIRMAN</Title>
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        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">BARBARA MASON</PersonName>
        <AddressUS>
          <AddressLine1>303 BRANNER STREET</AddressLine1>
          <City>MORRISTOWN</City>
          <State>TN</State>
          <ZIPCode>37814</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">GENEVA MYERS</PersonName>
        <AddressUS>
          <AddressLine1>PO BOX 4157</AddressLine1>
          <City>SEVIERVILLE</City>
          <State>TN</State>
          <ZIPCode>37864</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">BARBARA RAPER</PersonName>
        <AddressUS>
          <AddressLine1>1256 OLD TELLICO HWY</AddressLine1>
          <City>MADISONVILLE</City>
          <State>TN</State>
          <ZIPCode>37354</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">JOE BENTHALL</PersonName>
        <AddressUS>
          <AddressLine1>531 BALL PLAY ROAD</AddressLine1>
          <City>MADISONVILLE</City>
          <State>TN</State>
          <ZIPCode>37354</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">STANLEY WILDER</PersonName>
        <AddressUS>
          <AddressLine1>1015 PRATT DRIVE</AddressLine1>
          <City>WHITE PINE</City>
          <State>TN</State>
          <ZIPCode>37890</ZIPCode>
        </AddressUS>
        <Title>SECRETARY</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">ROBBIE RICH</PersonName>
        <AddressUS>
          <AddressLine1>143 LAKEWAY LANE APT 10</AddressLine1>
          <City>BEAN STATION</City>
          <State>TN</State>
          <ZIPCode>37708</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">LANE WOLFENBARGER</PersonName>
        <AddressUS>
          <AddressLine1>PO BOX 313</AddressLine1>
          <City>BLAINE</City>
          <State>TN</State>
          <ZIPCode>37709</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">JACK YATES</PersonName>
        <AddressUS>
          <AddressLine1>4605 HARBOR DRIVE</AddressLine1>
          <City>MORRISTOWN</City>
          <State>TN</State>
          <ZIPCode>37813</ZIPCode>
        </AddressUS>
        <Title>DIRECTOR</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName referenceDocumentId="RetDoc2">KATHY BOATMAN</PersonName>
        <AddressUS>
          <AddressLine1>407 EAST MAIN STREET</AddressLine1>
          <City>MORRISTOWN</City>
          <State>TN</State>
          <ZIPCode>37814</ZIPCode>
        </AddressUS>
        <Title>EXE VICE PRE</Title>
        <AvgHoursPerWkDevotedToPosition>000.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
      <OrganizationHadUBI>false</OrganizationHadUBI>
      <SubjectToProxyTax>false</SubjectToProxyTax>
      <OrganizationDissolvedEtc>false</OrganizationDissolvedEtc>
      <DidOrgFileForm1120POLThisYear>false</DidOrgFileForm1120POLThisYear>
      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>MARY HAZELWOOD</NamePerson>
        <AddressUS>
          <AddressLine1>407 EAST MAIN STREET</AddressLine1>
          <City>MORRISTOWN</City>
          <State>TN</State>
          <ZIPCode>37814</ZIPCode>
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        <TelephoneNumber>4235861494</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
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        <CurrentTaxYearMinus3Years>126211</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>129604</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>136282</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>128282</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>126211</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>129604</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>136282</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>128282</CurrentTaxYear>
        <Total>649653</Total>
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      <PublicSupportTotal509>649653</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>24</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>26</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>91</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>22</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>15</CurrentTaxYear>
        <Total>178</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>24</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>26</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>91</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>22</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>15</CurrentTaxYear>
        <Total>178</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <CurrentTaxYearMinus4Years>129298</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>126237</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>129695</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>136304</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>128297</CurrentTaxYear>
        <Total>649831</Total>
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      <PublicSupportPercentage509>0.99970</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.99970</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.00000</InvestmentIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
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      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990-EZ, PART I, LINE 16</ReturnReference>
        <Explanation>EXPENSES ADVERTISING 408 OFFICE SUPPLIES 965 TRAVEL 2,295 INTEREST 41,843 INSURANCE 259 TELEPHONE 819 REPAIR/MAINTENANCE SUPP 2,886 MANAGEMENT FEES 7,565 BOOKKEEPING FEES 720 REPAIR/MAINTENANCE CONTRA 10,564 GARBAGE AND TRASH REMOVAL 4,251 HEATING/COOLING REPAIRS 2,061 RESIDENT ACTIVITIES 316 NON-INVESTMENT DEPRECIATION 18,325 TOTAL 93,277</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER ASSETS</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 24</ReturnReference>
        <Explanation>PREPAID EXPENSES AND DEFERRED CHARGES 190 190 FURNITURE &amp; EQUIPMENT 100,329 110,634 LESS ACCUMULATED DEPRECIATION 91,488 95,352 TOTAL 9,031 15,472</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER LIABILITIES</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 26</ReturnReference>
        <Explanation>ACCOUNTS PAYABLE AND ACCRUED EXPENSES 46,140 42,707 TENANT SECURITY DEPOSITS 3,423 3,739 MORTGAGE AND OTHER NOTES PAYABLE 531,944 515,624</Explanation>
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      <Compensation>
        <PersonName>SUSAN LUKER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>PAUL D SMITH</PersonName>
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      <Compensation>
        <PersonName>BARBARA MASON</PersonName>
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      <Compensation>
        <PersonName>GENEVA MYERS</PersonName>
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      <Compensation>
        <PersonName>BARBARA RAPER</PersonName>
      </Compensation>
      <Compensation>
        <PersonName>JOE BENTHALL</PersonName>
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      <Compensation>
        <PersonName>STANLEY WILDER</PersonName>
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      <Compensation>
        <PersonName>ROBBIE RICH</PersonName>
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      <Compensation>
        <PersonName>LANE WOLFENBARGER</PersonName>
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      <Compensation>
        <PersonName>JACK YATES</PersonName>
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      <Compensation>
        <PersonName>KATHY BOATMAN</PersonName>
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