GCHP-LA CHDO INC

THE NATURE OF THE BUSINESS OR PURPOSE TO BE CONDUCTED OR PROMOTED IS AS FOLLOWS: ACQUIRE, OWN, DEVELOP, HOLD, SELL, LEASE, TRANSFER, EXCHANGE, OPERATE, AND MANAGE AFFORDABLE HOUSING PROJECTS, INCLUDING ANY BULDINGS AND OTHER IMPROVEMENTS; OBTAIN FINANCING FOR ANY OF THE ABOVE TYPE OF REAL ESTATE PROJECTS; PROVIDED DIRECT ASSISTANCE TO FAMILIES; FOSTER LOW, AFFORDABLE, MODERATE, MIXED USE AND OTHER TYPE OF HOUSING; FOSTER AND STIMULATE ECONOMIC DEVELOPMENT; WORK WITH OTHER NATIONAL, REGIONAL AND LOCAL ORGANIZATIONS TO FURTHER THE GOALS OF THE CORPORATION.