BUILDING OPPORTUNITIES TOWARD SELF SUFFICIENCY INC

THE CORPORATION IS ORGANIZED TO (A) CREATE, OWN, DEVELOP, CONSTRUCT, OPERATE, PURCHASE AND/OR MANAGE AFFORDABLE AND/OR LOW-INCOME AND MODERATE-INCOME HOUSING IN THE DOTHAN, AL AREA, THE CHARGES FOR SUCH SERVICES TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATION THEREOF ON A NONPROFIT BASIS,(B) PROVIDE COMMUNITY AND SOCIAL SERVICES TO THE RESIDENTS OF SUCH AFFORDABLE HOUSING AND RESIDENTS OF THE DOTHAN, AL AREA, (C) PURCHASE, BUILD, ACQUIRE AND REDEVELOP PROPERTY TO ENCOMPASS THE STATED PURPOSE, AND (D) DEVELOP AND OTHERWISE FOSTER AFFORDABLE AND/OR LOW- AND MODERATE-INCOME HOUSING.