Housing Foundation

MISSION

Alpha Kappa Alpha’s (AKA) Housing Foundation is a community enterprise that focuses on providing housing and other civic needs including, but not limited to, assisting college and professional students with housing accommodations; providing housing for the elderly and low- and moderate-income families displaced by urban renewal or natural disaster; and engaging in community outreach projects.

HISTORY

Since 1966, the Foundation has been true to its original mission and provides funds as well as implements and participates in both short- and long-range projects.

OBJECTIVES OF THE AKA HOUSING FOUNDATION:

  1. To assist college and professional students, former students, and graduates in the acquisition and ownership of housing accommodations and aid them in the advancement of their education, research, civic, cultural, and socioeconomic and leadership development.
  2. To train youth and community development volunteers engaged in a wide variety of community outreach projects to handle varying issues relating to youth and families stabilization including, but not limited to home acquisition and maintenance, home ownership matters, budget/financial management, resource management, leadership development, civic engagement health education, environmental awareness, food and nutrition, literacy and information technology.
  3. To provide housing for low- and moderate-income families, families displaced from urban renewal areas as a result of government action, handicapped or disabled individuals in need of appropriate housing, and those individuals and families displaced as a result of a natural disaster.
  4. To do and perform all acts reasonably necessary to accomplish the purposes and mission of the Foundation.

GOVERNANCE

The Alpha Kappa Alpha Housing Foundation is managed by a Board of Directors who meet annually in July, or more regularly by special meeting, if necessary. The Housing Foundation Meeting is open to all stakeholders to discuss the status of all associated projects and programs.

Alpha Kappa Alpha Sorority’s International President, International First Vice President, and International Secretary hold the same positions within the Housing Foundation. The Executive Director and Chief Financial Officer are administratively assigned to the Housing Foundation.

FINANCIAL MANAGEMENT

Annually, the active membership of Alpha Kappa Alpha Sorority contributes $1 of per capita per member to this fund. Additional sources of the Housing Foundation income are derived from public and private donations, grants, sponsorships, and corporate fundraising. The Foundation disposes its income through the decisions made by its Board of Directors.

PHOTO GALLERY

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