THE PURPOSE OF ST. THOMAS MORE HOUSING, INC. TRUST (THE TRUST) IS TO PROVIDE FUNDING FOR THE SPECIAL NEEDS OF ST. THOMAS MORE HOUSING, INC. (HOUSING CORPORATION). THE HOUSING CORPORATION IS A TAX EXEMPT ORGANIZATION PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AND HAS A CONTINUING NEED FOR SPECIAL NEEDS FUNDING OVER AND ABOVE FUNDING SUBSIDIES NOW BEING RECEIVED. ADDITIONALLY…