AOF/Golden State Community Development Corp. (“AOF/Golden State” or “the Corporation”) was incorporated in 1999 as a nonprofit corporation organized under the laws of the State of California. AOF/Golden State is a subordinate of The American Opportunity Foundation, Inc. (“AOF”), a Georgia nonprofit corporation which is exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code (“the Code”). AOF has received a group exemption as a central organization whose subordinates are recognized as exempt from federal income taxation under Section 501(c)(3) of the Code.

AOF/Golden State, which has no stockholders, is run by a distinguished Board of Trustees and Officers who have extensive experience in the development, rehabilitation, and management of affordable housing primarily for moderate-to-low income persons or families. One-third of the Corporation’s board is comprised of representatives of the low-income communities it serves. It is organized as a Community Housing Development Organization (“CHDO”) and, as such, is limited to business activities in the counties of Los Angeles, San Bernardino, Riverside, Ventura, Orange, and San Diego and has been adopted by the cities of Fontana, Ontario, and Alhambra, as well as San Bernardino County. Our primary goals are to provide quality affordable housing to the public, particularly low income and first-time home buyers. We are proud of our role in helping to alleviate of the affordable housing shortages and promote affordable housing within these communities.

To achieve these goals, AOF/Golden State develops, operates, promotes, funds, and supports existing low-income housing. We also assist in the construction of affordable housing and the acquisition and rehabilitation of existing housing for the benefit of moderate to low income persons or families. We have long-standing working relationships with companies in various industries including construction, residential management, marketing, and sales which allow us to bring a wealth of knowledge and expertise to each of our projects.