HEMET COMMUNITY LAND TRUST

THE SPECIFIC PURPOSE IS TO LESSEN THE BURDENS OF GOVERNMENT BY ASSISTING THE CITY OF HEMET, CA TO ENSURE THAT ITS RESIDENTS ARE ABLE TO SECURE AFFORDABLE HOUSING BY DEVELOPING, CONSTRUCTING, FINANCING, MANAGING, ACQUIRING, OWNING, SELLING, LEASING, RENTING, SUBSIDIZING, AND MONITORING AFFORDABLE SINGLE AND MULTI FAMILY HOUSING, ACQUIRING REAL PROPERTY FOR AFFORDABLE HOUSING, AND CONDUCTING OR PERFORMING ANY ANCILLARY OR RELATED ACTIVITY.