DEFOREST ELDERLY HOUSING MANAGEMENT CORP

TO PROVIDE HOUSING, WHICH SHALL INCLUDE, AMONG OTHER THINGS, THE CONSTRUCTION, RECONSTRUCTION, AND REMODELING OF HOUSING: THE ESTABLISHMENT AND DEVELOPMENT OF SUBDIVISIONS, PLANNED DEVELOPMENTS AND OTHER ACCEPTABLE FORMS OF LAND USE, FOR POOR, LOW AND MODERATE INCOME PERSONS. TO ACT AS THE MANAGEMENT AND OPERATIONS AGENT OF THE PROPERTY OWNED BY THE DEFOREST ELDERLY HOUSING OWNER CORPORATION, INC.