ONE-ANOTHER PROPERTIES INC

ONE-ANOTHER PROPERTIES INC THE ORGANIZATION OWNS HOUSES IN THE GREATER CLAY COUNTY, FLORIDA AREA AND WILL ASSIST LOW-INCOME INDIVIDUALS, WHO HAVE BEEN REFERRED AND PREQUALIFED BY OTHER LOCAL NOT-FOR-PROFIT CHARITABLE ENTITIES, TO RENT A HOUSE OWNED BY THE ORGANIZATION BY OFFERING AFFORDABLE RENTAL RATES TO THE INDIVIDUAL. THE INDIVIDUALS APPROVED FOR THE PROGRAM WILL BE REQUIRED TO MEET WITH A MONEY MANAGEMENT COACH AND/OR ATTEND A MONEY MANAGEMENT CLASS THAT WILL BE AT NO ADDITIONAL COST TO THE INDIVIDUAL. IN ADDITION, THE ORGANIZATION WILL DONATE AND SUPPORT OTHER CHARITABLE NOT-FOR-PROFIT ENTITIES THAT HAVE A SIMILAR PURPOSE IN THE GREATER CLAY COUNTY, FLORIDA AREA. CONSEQUENTLY, THE CHARITABLE PURPOSE OF THE ORGANIZATION WILL LESSEN THE BURDENS OF THE GOVERNMENT AND PROVIDE RELIEF TO THE POOR AND DISTRESSED BY PROVIDING AFFORDABLE HOUSING. THE CORPORATION WILL COMPLY WITH THE REQUIREMENTS IN REVENUE PROCEDURE 96-32.