YMCA WOODSON PARK QALICB INC

YMCA WOODSON PARK QALICB, INC. EXISTS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN ATLANTA, INC. (THE "YMCA OF METRO ATLANTA"). ITS ACTIVITIES WILL INCLUDE ACQUIRING, DEVELOPING, IMPROVING, MAINTAINING AND LEASING TO THE YMCA OF METRO ATLANTA CERTAIN REAL PROPERTY AND IMPROVEMENTS LOCATED IN ATLANTA, GEORGIA. IT WILL ALLOW, HELP, AND ENABLE THE YMCA TO EFFICIENTLY FINANCE VARIOUS PROJECTS IN THE YOUNG AREA OF ATLANTA, GEORGIA. NEW MARKET TAX CREDITS UNDER SECTION 45D OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED HAVE ALLOWED YMCA WOODSON PARK QALICB TO PURCHASE, DEVELOP AND/OR IMPROVE AN EARLY CHILDHOOD EDUCATION CENTER THAT WILL SERVE TO FURTHER THE YMCA OF METRO ATLANTA'S MISSION OF REFLECTING ITS JUDEO-CHRISTIAN HERITAGE, BY BEING AN ASSOCIATION OF VOLUNTEERS, MEMBERS AND STAFF OPEN TO AND SERVING ALL, PROVIDING PROGRAMS AND SERVICES WHICH DEVELOP SPIRIT, MIND AND BODY.