| Name: |
Above the Line RI |
| Jurisdiction: |
Rhode Island |
| Entity type: |
Domestic Non-Profit Corporation |
| Status: |
Dissolved
|
| Date of Organization in Rhode Island: |
19 Sep 2022 (2 years ago)
|
| Date of Dissolution: |
20 Jul 2023 (2 years ago)
|
| Date of Status Change: |
20 Jul 2023 (2 years ago) |
| Identification Number: |
001746284 |
| ZIP code: |
02878
|
| County: |
Newport County |
| Principal Address: |
37 KENYON ROAD, TIVERTON, RI, 02878, USA |
| Purpose: |
A. THIS CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AND IS NOT ORGANIZED FOR THE PRIVATE GAIN OF ANY PERSON. IT IS ORGANIZED UNDER THE NONPROFIT PUBLIC BENEFIT CORPORATION LAW FOR CHARITABLE PURPOSES. B. THE SPECIFIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED IS TO CREATE AFFORDABLE HOUSING/APARTMENT RENTALS FOR INDIVIDUALS IN THE WORKFORCE EARNING WAGES ABOVE THE POVERTY LINE AND UP TO 80 PERCENT OF THE AMI (AREA MEDIAN INCOME). THE CORPORATION PLANS TO ACCOMPLISH THIS PURPOSE BY PURCHASING/RENOVATING AND RENTING UNITS FOR LESS THAN AND UP TO FAIR MARKET VALUE. C. THE CORPORATION MAY ALSO MAKE A PERCENTAGE OF UNITS AVAILABLE TO INDIVIDUALS FALLING BELOW THE POVERTY LINE GUIDELINES WHO RECEIVE SUBSIDIES/ASSISTANCE FROM STATE AND FEDERAL GOVERNMENT PROGRAMS, SUCH AS HOUSING CHOICE VOUCHER HOLDERS, DISPLACED VETERANS, SENIOR CITIZENS, AND DISABLED PERSONS, DEPENDING ON COMMUNITY NEEDS AND AVAILABILITY OF SUCH UNITS. |
| NAICS: |
624229 - Other Community Housing Services |
