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        <ManagementAndGeneral>58402</ManagementAndGeneral>
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        <ProgramServices>7313</ProgramServices>
        <ManagementAndGeneral>203068</ManagementAndGeneral>
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        <Description>TELEPHONE</Description>
        <Total>122685</Total>
        <ProgramServices>85522</ProgramServices>
        <ManagementAndGeneral>37163</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>PROGRAM SERVICES</Description>
        <Total>61852</Total>
        <ProgramServices>40263</ProgramServices>
        <ManagementAndGeneral>21589</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>INTERNET/COMPUTER LIC.</Description>
        <Total>66429</Total>
        <ProgramServices>21128</ProgramServices>
        <ManagementAndGeneral>45301</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>EQU. RENTAL &amp; MAINTENANCE</Description>
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        <ProgramServices>24531</ProgramServices>
        <ManagementAndGeneral>20551</ManagementAndGeneral>
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        <Description>CONTRACT SERVICES</Description>
        <Total>619334</Total>
        <ProgramServices>6294</ProgramServices>
        <ManagementAndGeneral>605040</ManagementAndGeneral>
        <Fundraising>8000</Fundraising>
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        <Total>168676</Total>
        <ProgramServices>75036</ProgramServices>
        <ManagementAndGeneral>93640</ManagementAndGeneral>
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      <TemporarilyRestrictedNetAssets>
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      <TotalLiabNetAssetsFundBalances>
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        <EOY>2296038</EOY>
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      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-2192399</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>-232712</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>false</FSAudited>
      <AuditCommittee>false</AuditCommittee>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>false</FederalGrantAuditPerformed>
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      <ValueSrvcFcltsFurnishedByGovt>
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        <CurrentTaxYearMinus3Years>11052683</CurrentTaxYearMinus3Years>
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        <CurrentTaxYearMinus1Year>6772675</CurrentTaxYearMinus1Year>
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      <AmountsSubstContributorsTotal>5419157</AmountsSubstContributorsTotal>
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      <GrossInvestmentIncome170>
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        <CurrentTaxYearMinus3Years>61019</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>22413</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>21649</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>3240</CurrentTaxYear>
        <Total>162954</Total>
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      <NetUBI>
        <Total>0</Total>
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        <CurrentTaxYearMinus4Years>2652</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>30374</CurrentTaxYearMinus3Years>
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        <CurrentTaxYearMinus1Year>22480</CurrentTaxYearMinus1Year>
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      <TotalSupport>44992044</TotalSupport>
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      <GeneralExplanation>SEE ATTACHMENT</GeneralExplanation>
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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <AggregateContributions>RESTRICTED</AggregateContributions>
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        <BookValue>30345</BookValue>
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      <Equipment>
        <OtherCostOrOtherBasis>423260</OtherCostOrOtherBasis>
        <Depreciation>162069</Depreciation>
        <BookValue>261191</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>3358</OtherCostOrOtherBasis>
        <Depreciation>1570</Depreciation>
        <BookValue>1788</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>293324</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>DEPOSITS</Description>
        <BookValue>4050</BookValue>
      </OtherAssets>
      <OtherAssets>
        <Description>COBRA REFUND</Description>
        <BookValue>143</BookValue>
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      <TotalBookValueOtherAssets>418133</TotalBookValueOtherAssets>
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      <RecordsMaintained>true</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>TEXAS ACORN HOUSING CORP</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>209 W JACKSON SUITE 301</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
        </AddressUS>
        <EINOfRecipient>582116553</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>37810</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>N/A</MethodOfValuation>
        <DescriptionOfNonCashAssistance>N/A</DescriptionOfNonCashAssistance>
        <PurposeOfGrant>HOUSING DEVELOPMENT OPERATIONS</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>1</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIV>
        <Identifier>Grantmaker's Description of How Grants are Used</Identifier>
        <Explanation>The Corporation provides assistance to other nonprofit organizations that compliment their purpose. Typically, this assistance is related to specific events or activities that further the Corporation's mission (i.e. foreclosure mitigation counseling fairs, financial literacy events, and client recruitment). Services are observed/attended. For grants to other nonprofit housing entities, the assistance was used to fund the creation of new affordable housing units, and to fund the operating costs of those companies. The use of the funds was monitored through direct observation and reveiw of the company's accounting records. Texas ACORN Housing Corporation was a subsidiary of the Corporation during the period covered by this report.</Explanation>
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    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="10000105" softwareVersion="2010v3.2">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 19</Identifier>
        <ReturnReference>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</ReturnReference>
        <Explanation>The financial statements are included in the Form 990. The form 990 is available to the full Board for review, and it is submitted to any grantor who requests it. All governing documents, including the conflict of interest policy, are kept on file at the Corporation.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 15b</Identifier>
        <ReturnReference>Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees</ReturnReference>
        <Explanation>The Board evaluates the CEO's performance and agrees on the amount of the compensation. The Board reviews the evaluation and compensation amount with the CEO. The compensation amount is communicated to the Corporation's accountant. The accountant incorporates the compensation in the budget. The Board reviews the budget containing detailed compensation information. The Board approves the budget.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 12c</Identifier>
        <ReturnReference>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</ReturnReference>
        <Explanation>CONFLICT OF INTEREST IS REVIEWED PRIOR TO ANY NEW BUSINESS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Line 11</Identifier>
        <ReturnReference>Form 990, Part VI, Line 11: Form 990 Review Process</ReturnReference>
        <Explanation>Form is forwarded to the Board for review and approval.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
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          <BusinessNameLine1>AHC NOLA 1 LLC</BusinessNameLine1>
        </NameOfDisregardedEntity>
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          <AddressLine1>209 W JACKSON STE 301</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
        </AddressUS>
        <PrimaryActivities>HOUSING RE-DEVELOPMENT IN NEW ORLEANS, LA AREA</PrimaryActivities>
        <LegalDomicileState>LA</LegalDomicileState>
        <EOYAssets>5513</EOYAssets>
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          <BusinessNameLine1>AFFORDABLE HOUSING CENTERS OF AMERICA</BusinessNameLine1>
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      <Form990ScheduleRPartI>
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          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
        </AddressUS>
        <PrimaryActivities>AFFORDABLE HOUSING LOANS</PrimaryActivities>
        <LegalDomicileState>IL</LegalDomicileState>
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      </Form990ScheduleRPartI>
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          <BusinessNameLine1>BEVERLY HOMES LLC</BusinessNameLine1>
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        <AddressUS>
          <AddressLine1>209 W JACKSON STE 301</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
        </AddressUS>
        <PrimaryActivities>BEVERLY HOUSING SUBDIVISION - PHOENIX AZ AREA</PrimaryActivities>
        <LegalDomicileState>AZ</LegalDomicileState>
        <ExemptCodeSection>DISREGARD</ExemptCodeSection>
        <PublicCharityStatus>ENTITY OF AZ AHA</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>ARIZONA AFFORDABLE HOUSING ASSOC</BusinessNameLine1>
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        <ControlledOrg>false</ControlledOrg>
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        <AddressUS>
          <AddressLine1>209 W JACKSON STE 301</AddressLine1>
          <City>CHICAGO</City>
          <State>IL</State>
          <ZIPCode>60606</ZIPCode>
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        <LegalDomicileState>PA</LegalDomicileState>
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        <MethodOfAmtDetermination>COST NET ALLOW.</MethodOfAmtDetermination>
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</Return>