TG 108 INC

What they do

THE ORGANIZATION WAS INCORPORATED AS A NONPROFIT CORPORATION IN THE STATE of TEXAS ON DECEMBER 20, 1994. THE MISSION of THE ORGANIZATION is to PRESERVE ASSISTED HOUSING for VERY LOW, LOW and MODERATE INCOME FAMILIES, DEVELOP A STRONG RESIDENT COMMUNITY and PROMOTE SELF-SUFFICIENCY.THE PRIMARY ACTIVITY of THE ORGANIZATION is THE OWNERSHIP and OPERATION of THE LAREDO MANOR APARTMENTS, WHICH is A 100-UNIT APARTMENT COMPLEX LOCATED AT 300 MANN ROAD, LAREDO, TX 78041 for THE BENEFIT of LOW-INCOME FAMILIES and INDIVIDUALS MAKING LESS THAN 80% of AREA MEDIAN INCOME (AMI). THE ORGANIZATION MAINTAINS A U.S. DEPARTMENT of HOUSING and URBAN DEVELOPMENT (HUD) PROPERTY BASED SECTION 8 HOUSING ASSISTANCE PAYMENT (HAP) RENTAL ASSISTANCE CONTRACT for 20 UNITS. THE HAP RENT ASSISTED UNITS ARE MADE AVAILABLE to FAMILIES and INDIVIDUALS WITH INCOMES of LESS THAN 30% of AMI.