NEW VISION HOUSING FOUNDATION INC

FOSTER, SUPPORT, CONSTRUCT, DEVELOP, ACQUIRE, REHABILITATE, MANAGE AND/OR OPERATE AND PROVIDE QUALIFIED AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES, QUALIFIED HOUSING FOR MENTALLY AND PHYSICALLY CHALLENGED PERSONS, AND QUALIFIED HOUSING FOR ELDERLY PERSONS WITHIN THE UNITED STATES, ALL AS PROVIDED, INTER ALIA, IN INTERNAL REVENUE SERVICE REVENUE RULINGS 70-585, 1970-2 C B 115, 79-18, 1979-1 C B 194, AND 79-19, 1979-1 C B 195 AND INTERNAL REVENUE SERVICE REVENUE PROCEDURE 96-32 (INCLUDING SPECIFICALLY THE REQUIREMENTS THAT MUST BE SATISFIED TO QUALIFY UNDER THE SAFE HARBOR OR "FACTS AND CIRCUMSTANCES" TESTS THEREUNDER) OR ANY SUCCESSOR, SUPPLEMENTAL, AMENDING OR SUPERSEDING INTERNAL REVENUE SERVICE ANNOUNCEMENT, RULING OR PROCEDURE. THE ORGANIZATION, FURTHER, SHALL BE AUTHORIZED TO UNDERTAKE ACTIVITIES WHICH LESSEN THE BURDENS OF GOVERNMENT AND PROMOTE SOCIAL WELFARE.