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        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>HOPE DEVELOPMENT COMPANY (HOPE) WAS ESTABLISHED TO PURCHASE,REHABILITATE AND SELL RESIDENTIAL REAL PROPERTY TO ASSIST INTHE REDEVELOPMENT OF THE SOUTHEAST BALTIMORE CITY COMMUNITY. IN THE 2022/2023 FISCAL YEAR, HOPE CONTINUED TO PURCHASE VACANT AND DISTRESSED PROPERTIES IN THE NEIGHBORHOOD OF ELLWOOD PARK IN BALTIMORE CITY IN SUPPORT OF SOUTHEAST CDC'S NEW NEIGHBORHOOD REVITALIZATION PLAN FOR THE AREA.</Description1Txt>
        <Expenses1Amt>1358910</Expenses1Amt>
        <TotalAmt>1358910</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>2676</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>911394</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>914070</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>73832</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>840238</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>12604</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>827634</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>41382</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>41382</MinimumInvestmentReturnAmt>
        <TotalTaxAmt>0</TotalTaxAmt>
        <DistributableBeforeAdjAmt>41382</DistributableBeforeAdjAmt>
        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>41382</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>41382</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>0</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>1358910</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>1358910</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>41382</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr2Amt>702298</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>960639</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>1662937</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>1358910</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>0</AppliedToYear1Amt>
        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>41382</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>1317528</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>2980465</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <CorpusDistri170b1EOr4942g3Amt>0</CorpusDistri170b1EOr4942g3Amt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>2980465</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear2Amt>702298</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>960639</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>1317528</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <TotalGrantOrContriPdDurYrAmt>0</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>-427872</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>0</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>0</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>-427872</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-427872</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>HOPE DEVELOPMENT COMPANY (HOPE) WAS ESTABLISHED TO PURCHASE,</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>REHABILITATE AND SELL RESIDENTIAL REAL PROPERTY TO ASSIST IN</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>THE REDEVELOPMENT OF THE SOUTHEAST BALTIMORE CITY COMMUNITY.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>0</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>0</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>0</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>0</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>0</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>0</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>0</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>0</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>0</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>0</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <GainLossSaleOtherAssetsSch documentId="RetDoc2213400001">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>2929 MCELDERRY</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2023-12</SoldDt>
        <GrossSalesPriceAmt>175000</GrossSalesPriceAmt>
        <BasisAmt>255861</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>28146</SalesExpenseAmt>
        <TotalNetAmt>-109007</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>443 N ELLWOOD</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2023-08</SoldDt>
        <GrossSalesPriceAmt>175000</GrossSalesPriceAmt>
        <BasisAmt>159219</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>27533</SalesExpenseAmt>
        <TotalNetAmt>-11752</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>509 N EAST</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2024-05</SoldDt>
        <GrossSalesPriceAmt>180000</GrossSalesPriceAmt>
        <BasisAmt>257060</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>26186</SalesExpenseAmt>
        <TotalNetAmt>-103246</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>524 N EAST</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2024-04</SoldDt>
        <GrossSalesPriceAmt>160000</GrossSalesPriceAmt>
        <BasisAmt>221960</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>14090</SalesExpenseAmt>
        <TotalNetAmt>-76050</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>530 N ROBINSON</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2024-04</SoldDt>
        <GrossSalesPriceAmt>100000</GrossSalesPriceAmt>
        <BasisAmt>138253</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>12897</SalesExpenseAmt>
        <TotalNetAmt>-51150</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>620 N ROBINSON</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2023-07</SoldDt>
        <GrossSalesPriceAmt>145000</GrossSalesPriceAmt>
        <BasisAmt>131347</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>21635</SalesExpenseAmt>
        <TotalNetAmt>-7982</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>624 N DECKER</AssetDesc>
        <HowAcquiredTxt>PURCHASED</HowAcquiredTxt>
        <SoldDt>2024-04</SoldDt>
        <GrossSalesPriceAmt>160000</GrossSalesPriceAmt>
        <BasisAmt>204332</BasisAmt>
        <BasisMethodTxt>COST</BasisMethodTxt>
        <SalesExpenseAmt>24353</SalesExpenseAmt>
        <TotalNetAmt>-68685</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <OtherAssetsSchedule documentId="RetDoc2046600001">
      <OtherAssetsScheduleGrp>
        <Desc>PROPERTY HELD FOR RESALE (LESS: ALLOWANCE FOR IMPAIRMENT)</Desc>
        <BOYBookValueAmt>920516</BOYBookValueAmt>
        <EOYBookValueAmt>710665</EOYBookValueAmt>
        <EOYFMVAmt>710665</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="RetDoc2049800001">
      <OtherDecreasesDetail>
        <Desc>ALLOWANCE FOR IMPAIRMENT</Desc>
        <Amt>200729</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherLiabilitiesSchedule documentId="RetDoc2065700001">
      <OtherLiabilitiesDetail>
        <Desc>DUE TO RELATED PARTY</Desc>
        <BOYBookValueAmt>1582676</BOYBookValueAmt>
        <EOYBookValueAmt>1811539</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
  </ReturnData>
</Return>