Voans Community Impact Inc

TO SERVE LOW-INCOME COMMUNITIES AND LOW-INCOME PERSONS BY PROVIDING FACILITIES, DEVELOPMENT SERVICES TO, AND FUNDING FOR, COMMUNITY BENEFIT FACILITIES THAT HAVE A PRIMARY MISSION OF PROMOTING COMMUNITY DEVELOPMENT; BEING A FINANCIAL ENTITY FOR PROJECTS AND PROGRAMS CONSISTENT WITH ITS MISSION; PRIMARILY SERVING ONE OR MORE TARGET MARKET AREAS; PROVIDING DEVELOPMENT SERVICES IN CONJUNCTION WITH ITS FINANCING ACTIVITIES; MAINTAINING ACCOUNTABILITY TO ITS TARGET MARKET AREAS; AND FOR OTHER PURPOSES NECESSARY TO QUALIFY AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") AND TO USE CDFI FUNDS, AND TO UNDERTAKE AND CARRY ON ALL ACTIVITIES NECESSARY OR ADVISABLE IN CONNECTION THEREWITH, ALL UPON SUCH TERMS AND CONDITIONS AS THE BOARD OF DIRECTORS OF THE CORPORATION IN ITS DISCRETION DEEMS TO BE IN THE BEST INTEREST OF THE CORPORATION; AND TO AID, ASSIST, AND CONTRIBUTE TO THE SUPPORT OF ORGANIZATIONS WHICH ARE ORGANIZED AND OPERATED EXCLUSIVELY FOR ONE OR MORE PURPOSES DESCRIBED IN SECTIONS 170 (C)(2) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE AND ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE.