﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-11-15T11:16:32-08:00</Timestamp>
    <TaxPeriodEndDate>2010-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>JOSEPH S GULINO CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>20 WEST EMERSON STREET</AddressLine1>
        <City>MELROSE</City>
        <State>MA</State>
        <ZIPCode>02176</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>300034668</EIN>
      <Name>
        <BusinessNameLine1>MELROSE AFFORDABLE HOUSING CORPORATION</BusinessNameLine1>
      </Name>
      <NameControl>MELR</NameControl>
      <Phone>7816651622</Phone>
      <USAddress>
        <AddressLine1>910 MAIN STREET</AddressLine1>
        <City>MELROSE</City>
        <State>MA</State>
        <ZIPCode>02176</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>FRANK GISO</Name>
      <Title>PRESIDENT</Title>
      <Phone>7816651622</Phone>
      <DateSigned>2011-11-15</DateSigned>
    </Officer>
    <Preparer>
      <Name>JOSEPH S GULINO CPA</Name>
      <Phone>7816627700</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="5">
    <IRS990 documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation" softwareId="10000104">
      <NameOfPrincipalOfficerPerson>FRANK GISO</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>910 MAIN STREET</AddressLine1>
        <City>MELROSE</City>
        <State>MA</State>
        <ZIPCode>02176</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>96250</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>2001</YearFormation>
      <StateLegalDomicile>MA</StateLegalDomicile>
      <ActivityOrMissionDescription>Affordable housing rental rates for individuals with low income.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>6</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>6</NbrIndependentVotingMembers>
      <TotalNbrEmployees>0</TotalNbrEmployees>
      <TotalNbrVolunteers>6</TotalNbrVolunteers>
      <TotalGrossUBI>261</TotalGrossUBI>
      <ContributionsGrantsPriorYear>1049</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>0</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenuePriorYear>83382</ProgramServiceRevenuePriorYear>
      <ProgramServiceRevenueCY>95989</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>275</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>261</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>84706</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>96250</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsPriorYear>8305</GrantsAndSimilarAmntsPriorYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcCurrentYear>0</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>0</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>108825</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>131115</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>117130</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>131115</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>-32424</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>-34865</RevenuesLessExpensesCY>
      <TotalAssetsBOY>1365396</TotalAssetsBOY>
      <TotalAssetsEOY>1313337</TotalAssetsEOY>
      <TotalLiabilitiesBOY>1224951</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>1207757</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>140445</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>105580</NetAssetsOrFundBalancesEOY>
      <MissionDescription>Affordable housing rental</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>125135</Expense>
      <Revenue>95989</Revenue>
      <Description>AFFORDABLE RENTAL HOUSING</Description>
      <TotalProgramServiceExpense>125135</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds>false</DonorAdvisedFunds>
      <ConservationEasements>false</ConservationEasements>
      <CollectionsOfArt>false</CollectionsOfArt>
      <CreditCounseling>false</CreditCounseling>
      <TermOrPermanentEndowments>false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities>false</ReportInvestOthSecurities>
      <ReportProgRelInvest>false</ReportProgRelInvest>
      <ReportOtherAssets>false</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportOtherLiabilities>
      <ReportFin48Footnote>false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt>false</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt>false</ConsolidatedAuditFinancialStmt>
      <School>false</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities>false</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired>false</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp referenceDocumentId="00000004" referenceDocumentName="IRS990ScheduleL">true</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <NumberOfEmployees>0</NumberOfEmployees>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>6</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>6</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>true</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>true</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>true</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>true</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>true</ConflictOfInterestPolicy>
      <AnnualDisclosureCoveredPersons>false</AnnualDisclosureCoveredPersons>
      <RegularMonitoringEnforcement>true</RegularMonitoringEnforcement>
      <WhistleblowerPolicy>true</WhistleblowerPolicy>
      <DocumentRetentionPolicy>false</DocumentRetentionPolicy>
      <CompensationProcessCEO>false</CompensationProcessCEO>
      <CompensationProcessOther>false</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>MA</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>MELROSE HOUSING AUTHORITY</NamePerson>
        <TelephoneNumber>7816651622</TelephoneNumber>
        <AddressUS>
          <AddressLine1>910 MAIN STREET</AddressLine1>
          <City>MELROSE</City>
          <State>MA</State>
          <ZIPCode>02176</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <NoListedPersonsCompensated>X</NoListedPersonsCompensated>
      <Form990PartVIISectionA>
        <NamePerson>FRANK GISO III</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <InstitutionalTrustee>X</InstitutionalTrustee>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JAMES</NamePerson>
        <Title>Oosterman</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ANN STPIERRE</NamePerson>
        <Title>Clerk</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>SHERRIE SAINT-AMANT</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>RICHARD BOUTWELL</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>JOAN CASSIDY</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>PETER HOLLANDS</NamePerson>
        <Title>Director</Title>
        <AverageHoursPerWeek>1.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>false</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <TotalOthProgramServiceRevenue>
        <TotalRevenueColumn>95989</TotalRevenueColumn>
      </TotalOthProgramServiceRevenue>
      <TotalProgramServiceRevenue>95989</TotalProgramServiceRevenue>
      <InvestmentIncome>
        <TotalRevenueColumn>261</TotalRevenueColumn>
        <UnrelatedBusinessRevenue>261</UnrelatedBusinessRevenue>
      </InvestmentIncome>
      <TotalRevenue>
        <TotalRevenueColumn>96250</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>95989</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>261</UnrelatedBusinessRevenue>
      </TotalRevenue>
      <FeesForServicesManagement>
        <Total>8813</Total>
        <ProgramServices>8813</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>1605</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>1605</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>4325</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>4325</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesAccounting>
      <Interest>
        <Total>40818</Total>
        <ProgramServices>40818</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Interest>
      <DepreciationDepletion>
        <Total>60396</Total>
        <ProgramServices>60396</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>8340</Total>
        <ProgramServices>8340</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>Annual Report</Description>
        <Total>15</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>15</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Form PC</Description>
        <Total>35</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>35</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Maintenance</Description>
        <Total>2398</Total>
        <ProgramServices>2398</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Utilities</Description>
        <Total>4370</Total>
        <ProgramServices>4370</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <TotalFunctionalExpenses>
        <Total>131115</Total>
        <ProgramServices>125135</ProgramServices>
        <ManagementAndGeneral>5980</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>45322</BOY>
        <EOY>46013</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>355</BOY>
      </AccountsReceivable>
      <LandBuildingsEquipmentBasis>1475648</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>208324</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>1319719</BOY>
        <EOY>1267324</EOY>
      </LandBuildingsEquipmentBasisNet>
      <TotalAssets>
        <BOY>1365396</BOY>
        <EOY>1313337</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>2667</BOY>
      </AccountsPayableAccruedExpenses>
      <MortNotesPyblSecuredInvestProp>
        <BOY>1218669</BOY>
        <EOY>1205890</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>3615</BOY>
        <EOY>1867</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>1224951</BOY>
        <EOY>1207757</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>140445</BOY>
        <EOY>73318</EOY>
      </UnrestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <EOY>32262</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>140445</BOY>
        <EOY>105580</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>1365396</BOY>
        <EOY>1313337</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-34865</ReconcilationRevenueExpenses>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>false</FSAudited>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="10000104">
      <PubliclySupportedOrg509a2>X</PubliclySupportedOrg509a2>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
        <CurrentTaxYearMinus2Years>120814</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1049</CurrentTaxYearMinus1Year>
        <Total>121863</Total>
      </GiftsGrantsContribReceived509>
      <GrossReceiptsFromAdmissions>
        <CurrentTaxYearMinus4Years>34705</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>61898</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>75918</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>83382</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>95989</CurrentTaxYear>
        <Total>351892</Total>
      </GrossReceiptsFromAdmissions>
      <Total509>
        <CurrentTaxYearMinus4Years>34705</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>61898</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>196732</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>84431</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>95989</CurrentTaxYear>
        <Total>473755</Total>
      </Total509>
      <PublicSupportTotal509>473755</PublicSupportTotal509>
      <GrossInvestmentIncome509>
        <CurrentTaxYearMinus4Years>5640</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1184</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>65</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>275</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>261</CurrentTaxYear>
        <Total>7425</Total>
      </GrossInvestmentIncome509>
      <InvestmentIncomeAndUBTI>
        <CurrentTaxYearMinus4Years>5640</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>1184</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>65</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>275</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>261</CurrentTaxYear>
        <Total>7425</Total>
      </InvestmentIncomeAndUBTI>
      <TotalSupportTotal>
        <Total>481180</Total>
      </TotalSupportTotal>
      <PublicSupportPercentage509>0.98460</PublicSupportPercentage509>
      <PriorYearSupportPercentage>0.99680</PriorYearSupportPercentage>
      <InvestmentIncomePercentage>0.01540</InvestmentIncomePercentage>
      <PriorYrInvestIncomePercentage>0.00320</PriorYrInvestIncomePercentage>
      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="00000003" softwareId="10000104">
      <Land>
        <InvestmentCostOrOtherBasis>415657</InvestmentCostOrOtherBasis>
        <BookValue>415657</BookValue>
      </Land>
      <Buildings>
        <InvestmentCostOrOtherBasis>1059991</InvestmentCostOrOtherBasis>
        <Depreciation>208324</Depreciation>
        <BookValue>851667</BookValue>
      </Buildings>
      <TotalOfBookValueLandBuildings>1267324</TotalOfBookValueLandBuildings>
      <OtherLiabilities>
        <Description>Other Current Liabilites</Description>
        <Amount>1867</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>1867</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleL documentId="00000004" softwareId="10000104">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>FRANK GISO</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Director/Officer</Relationship>
        <AmountOfTransaction>58012</AmountOfTransaction>
        <DescriptionOfTransaction>Mortgage Payments to Melrose Coop</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>JIM OOSTERMAN</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>Director/Officer/Key Employee</Relationship>
        <AmountOfTransaction>58012</AmountOfTransaction>
        <DescriptionOfTransaction>Mortgage Payments to Melrose Coop</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000005" softwareId="10000104">
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 2</Identifier>
        <Explanation>Two directors work for same organization</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 3</Identifier>
        <Explanation>Management Company - Melrose Housing Authority</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 7a</Identifier>
        <Explanation>Melrose Housing Authority/Afforable Housing Task Force</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-A, Line 7b</Identifier>
        <Explanation>Melrose Housing Authority/Afforable Housing Task Force</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>Review together at Board meeting</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>Review together at Board meeting</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>Upon Request</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 10</Identifier>
        <Explanation>MANAGEMENT FEE MANAGEMENT FEE MELROSE HOUSING AUTHORITY AFFILIATE 8813.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part II, Line 24</Identifier>
        <Explanation>ACCOUNTS RECEIVABLE 355. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>