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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>AFFORDABLE HOUSING INVESTORS COUNCIL SEEKS TO PRESERVE AND STRENGTHEN THE LOW-INCOME HOUSING TAX CREDIT AS AN EFFECTIVE TOOL FOR THE DEVELOPMENT OF AFFORDABLE HOUSING. TO ACCOMPLISH THIS, WE PROVIDE EDUCATIONAL OPPORTUNITIES AND A FORUM FOR SHARING INFORMATION TO OUR INVESTOR MEMBERS, AND CREATE INDUSTRY BEST PRACTICES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS MEMBERS</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7A</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS OF THE ORGANIZATION ELECT THE GOVERNING BODY</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 7B</FormAndLineReferenceDesc>
        <ExplanationTxt>ANY ACTION OF THE GOVERNING BODY IS SUBJECT TO REVIEW BY WRITTEN REQUEST OF NOT LESS THAN 20% OF THE MEMBERS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE TREASURER, EXECUTIVE DIRECTOR, AND BOARD OF GOVERNORS REVIEWED THE FORM 990.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY REQUIRES OFFICERS AND GOVERNORS TO ANNUALLY COMPLETE AN ACKNOWLEDGEMENT AND DISCLOSURE FORM OUTLINING ANY CONFLICTS. THESE FORMS ARE RETAINED BY THE ORGANIZATION, AND THE REQUIREMENT FOR ADHERENCE TO THE POLICY HAS BEEN INCORPORATED INTO THE POLICY AND PROCEDURE MANUAL, WHICH OUTLINES THE ROLES AND RESPONSIBILITIES FOR ALL OFFICERS AND GOVERNORS. IF AT ANY TIME FOLLOWING SUBMISSION OF THE FORM THE SIGNER SHOULD BECOME AWARE OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTERESTS, OR THE INFORMATION PROVIDED BECOMES INACCURATE OR INCOMPLETE, THE SIGNER WILL PROMPTLY NOTIFY THE ORGANIZATION IN WRITING.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT HTTP://WWW.AHIC.ORG/CONTACT/</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
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