Saturday, June 23, 2012

Strange: ACORN Housing may be closed but it hasn't filed for bankruptcy

This is odd.

ACORN Housing Corporation, which changed its name to Affordable Housing Centers of America (AHCOA), has closed its doors.

Yet there is no record of AHCOA filing a bankruptcy petition or being petitioned into bankruptcy, according to the PACER (Public Access to Court Electronic Records) database. None. And as of June 30, 2010, AHCOA was in the red by almost $2.5 million according to its most recent publicly available tax return (IRS Form 990).

I know AHCOA shut down because i) a very reliable source within the progressive movement told me so ii) its Twitter feed hasn't been updated in close to a year iii) its website (ahcoa.orgis down and iv) the secretary of state in Louisiana where it was incorporated has ruled that it is "Not In Good Standing for failure to file Annual Report."

According to the Louisiana Secretary of State's office AHCOA hasn't filed any reports since March 21, 2011.

Here is the "Not In Good Standing" report:
Affordable Housing Centers of America "Not in Good Standing" according to Louisiana Secre...


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