Norman Affordable Housing Corporation
Norman Affordable Housing Corporation (NAHC) is organized and will be operated exclusively for the benefit of, to perform certain functions of, to carry out the purposes of, and to act as an instrumentality of the Housing Authority of the City of Norman, Oklahoma insofar as it is legally allowable for a non-profit to do so.
NAHC will be committed to provide affordable housing opportunities, community improvement and family support programs in the communities and neighborhoods of the City of Norman, Oklahoma, with particular attention to the needs of low and moderate income residents.
This Corporation is formed for charitable purposes, and it will be nonprofit and nonpartisan. No substantial part of the activities of the Corporation will consist of the publication or dissemination of materials or statements with the purpose of attempting to influence legislation, and the Corporation will not participate or intervene in any political campaign on behalf of or in opposition to any candidate for public office.
The Corporation will not engage in any activities or exercise any powers that are not in furtherance of the charitable purposes that has established its tax-exempt status under Internal Revenue Code Section 501(c)(3), as amended.