Overview
The Affordable Housing Opportunity Fund is based in Charlottesville, Virginia, and focuses on addressing affordable housing needs within the state. Despite having assets of $1,368,823, the fund reported expenses of $3,112,191 and revenue of $2,804,529, indicating a financial deficit. The organization is led by Executive Director Ashley Davies, who also serves as Secretary and Treasurer, and Chairperson Ann Kingston. Both leaders work on a volunteer basis, receiving no compensation for their roles. The fund primarily supports initiatives within Charlottesville and the broader Virginia area.
Focus Areas
Geographic Focus
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Financials
in 2024, compared to $1,676,485 in 2023
4 grants awarded in 2024
Of total expenses go to programs
Grants
Amount | Recipient | Purpose | Location | Year | |
|---|---|---|---|---|---|
| $5,349,268 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | CRESCENT HALLS RENOVATION | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2022 | |
| $3,134,139 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SOUTH FIRST PHASE I | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2022 | |
| $1,183,617 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | CRESCENT HALLS RENOVATION | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2024 | |
| $900,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SIXTH STREET | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2024 | |
| $830,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SOUTH FIRST PHASE II | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2024 | |
| $507,717 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SOUTH FIRST PHASE II | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2022 | |
| $335,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SOUTH FIRST PHASE II | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2023 | |
| $295,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SIXTH STREET | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2023 | |
| $200,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | CRESCENT HALLS RENOVATION | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2023 | |
| $60,000 | CHARLOTTESVILLE COMMUNITY DEVELOPMENT CORP | SIXTH STREET | 500 FIRST ST SOUTH CHARLOTTESVILLE, VA US | 2022 |
People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
AD ASHLEY DAVIES | EXECUTIVE DIRECTOR/SECRETARY/TREASURER | $0 | 2022 |
AK ANN KINGSTON | CHAIRPERSON | $0 | 2022 |
AD ASHLEY DAVIES | EXECUTIVE DIRECTOR/SECRETARY/TREASURER | $0 | 2023 |
AK ANN KINGSTON | CHAIRPERSON | $0 | 2023 |
AD ASHLEY DAVIES | EXECUTIVE DIRECTOR/SECRETARY/TREASURER | $0 | 2024 |
ASHLEY DAVIES
EXECUTIVE DIRECTOR/SECRETARY/TREASURER
ANN KINGSTON
CHAIRPERSON
ASHLEY DAVIES
EXECUTIVE DIRECTOR/SECRETARY/TREASURER
ANN KINGSTON
CHAIRPERSON
ASHLEY DAVIES
EXECUTIVE DIRECTOR/SECRETARY/TREASURER
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on December 15, 2024