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        <EOYAmt>8471487</EOYAmt>
      </MortgNotesPyblScrdInvstPropGrp>
      <OtherLiabilitiesGrp>
        <BOYAmt>24974</BOYAmt>
        <EOYAmt>24514</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>8714803</BOYAmt>
        <EOYAmt>8562552</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
        <BOYAmt>6099705</BOYAmt>
        <EOYAmt>7723696</EOYAmt>
      </NoDonorRestrictionNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>6099705</BOYAmt>
        <EOYAmt>7723696</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>14814508</BOYAmt>
        <EOYAmt>16286248</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>1636862</ReconcilationRevenueExpnssAmt>
      <PriorPeriodAdjustmentsAmt>-12871</PriorPeriodAdjustmentsAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>true</FederalGrantAuditRequiredInd>
      <FederalGrantAuditPerformedInd>true</FederalGrantAuditPerformedInd>
    </IRS990>
    <IRS990ScheduleA documentId="990A">
      <PublicOrganization170Ind>X</PublicOrganization170Ind>
      <GiftsGrantsContriRcvd170Grp>
        <CurrentTaxYearMinus4YearsAmt>3982358</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>3923315</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>4118074</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4314026</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>4500489</CurrentTaxYearAmt>
        <TotalAmt>20838262</TotalAmt>
      </GiftsGrantsContriRcvd170Grp>
      <TotalCalendarYear170Grp>
        <CurrentTaxYearMinus4YearsAmt>3982358</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>3923315</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>4118074</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>4314026</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>4500489</CurrentTaxYearAmt>
        <TotalAmt>20838262</TotalAmt>
      </TotalCalendarYear170Grp>
      <PublicSupportTotal170Amt>20838262</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>6870</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>1347</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>2016</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>8796</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>14237</CurrentTaxYearAmt>
        <TotalAmt>33266</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <TotalSupportAmt>20871528</TotalSupportAmt>
      <PublicSupportCY170Pct>0.99840</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.99900</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="990D">
      <LandGrp>
        <InvestmentCostOrOtherBasisAmt>2961000</InvestmentCostOrOtherBasisAmt>
        <BookValueAmt>2961000</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>18438711</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>11625748</DepreciationAmt>
        <BookValueAmt>6812963</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <InvestmentCostOrOtherBasisAmt>610694</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>485749</DepreciationAmt>
        <BookValueAmt>124945</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>2898320</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>1079673</DepreciationAmt>
        <BookValueAmt>1818647</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>11717555</TotalBookValueLandBuildingsAmt>
      <InvstProgramRelatedOrgGrp>
        <Desc>ESCROWS DEPOSITS</Desc>
        <BookValueAmt>59490</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>RESERVE FOR REPLACEMENT</Desc>
        <BookValueAmt>537271</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>RESIDUAL RECEIPTS</Desc>
        <BookValueAmt>13567</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>GENERAL OPERATING RESERVE</Desc>
        <BookValueAmt>2696537</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <InvstProgramRelatedOrgGrp>
        <Desc>OTHER RESERVES</Desc>
        <BookValueAmt>358512</BookValueAmt>
        <MethodValuationCd>C</MethodValuationCd>
      </InvstProgramRelatedOrgGrp>
      <TotalBookValueProgramRltdAmt>3665377</TotalBookValueProgramRltdAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED INTEREST</Desc>
        <Amt>24514</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>24514</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>4514726</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>4514726</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>4514726</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>2877864</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>2877864</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>2877864</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleO documentId="990O">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Management duties delegation Part VI line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>DAILY OPERATION OF THE COOPERATIVE IS UNDER A HUD APPROVED MANAGEMENT COMPANY</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Members or stockholder classes and rights Part VI line 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CORPORATION WAS ORGANIZED IN 1982 TO ACQUIRE AND OPERATE A COOPERATIVE APARTMENT PROJECT CONSISTING OF 104 UNITS IN REDWOOD CITY, CALIFORNIA UNDER SECTION 221(D) (3) OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO OCCUPANCY CHARGES AND OPERATING METHODS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Member election for additional members Part VI line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>MEMBERS OF THE GOVERNING BODY ARE ELECTED BY THE GENERAL MEMBERSHIP UPON EXPIRATION OF THE TERMS OF THE BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing body decisions Part VI line 7b</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH MEMBER REPRESENTS EACH UNIT AND HAS ONE VOTE PER UNIT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990 governing body review Part VI line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990, PART VI, LINE 11-FORM 990 REVIEW PROCESS:THE ORGANIZATIONS CHIEF FINANCIAL OFFICER REVIEWS THE 990 AND PROVIDES A SUMMARY REVIEW TO THE BOARD OF DIRECTORS. THE REVIEW OF FORM 990 IS DISCUSSED BY ITS MEMBERS AT ANNUAL BOARD MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Conflict of interest policy compliance Part VI line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990, PART VI, LINE 12C- EXPLANATION OF MONITORING AND ENFORCEMENT:MONITORING CONSISTS OF EXECUTION OF ANNUAL WRITTEN DISCLOSURE AS REQUIRED IN THE POLICY MANUAL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>CEO executive director top management comp Part VI line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>PERFORMED ANNUALLY BY THE BOARD AND HUMAN RESOURCES AND FINANCE COMMITTEE. PERFORMED ANNUALLY BY THE BOARD AND HUMAN RESOURCES AND FINANCE COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other officer or key employee compensation Part VI line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990, PART VI, LINE 15B COMPENSATION REVIEW &amp; APPROVAL PROCESS FOR OFFICERS AND KEY EMPLOYEES:PERFORMED ANNUALLY BY THE BOARD AND HUMAN RESOURCES AND FINANCE COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Governing documents etc available to public Part VI line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>UPON REQUEST UPON REQUEST</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>List of other expenses Part IX line 24e</FormAndLineReferenceDesc>
        <ExplanationTxt>SEE ATTACHED LISTING</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>