HUD Mortgagee Letter 2006-13 (Issued May 25, 2006)
Letter requires Mortgagees to determine that downpayment assistance organization is a non-profit. Letter provides for a web site so that Mortgagee can make that determination (see IRS Publication 78 link below).
IRS Publication 78 - List of qualified Non-Profits
To confirm Positive Alternatives good standing, simply click on the "IRS Publication 78" link above, input Positive Alternatives under "Organization," then press the "All the Words" button, and under "Location," input Utah - then press "Submit." Once you've done that, you should see our organization pull up, which means we are in good standing.
FHA Web Page on Downpayment Assistance Organizations Whose Nonprofit Status Has Been Revoked.
Positive Alternatives Non-Profit IRS 501(c)(3) Letter
