Exhibit 99.1

FUTURE OF HOUSING FUND, INC.
EXECUTIVE COMMITTEE CHARTER

Purpose

The purpose of the Executive Committee (the “Committee”) of the Board of Directors (the “Board”) of Future of Housing Fund, Inc. (the “Company”) is to (i) approve transactions, and resolve other conflicts of interest, between the Company and its subsidiaries, on the one hand, and the Advisor, any of the Company’s officers or directors or any of their respective Affiliates, on the other hand; (ii) recommend Independent Director candidates for membership on the Board; (iii) make decisions regarding the compensation of officers, directors and any of their respective Affiliates, including the Advisor; and (iv) perform such other responsibilities as are set forth in this Charter or delegated by the Board from time to time.

Committee Membership

The Committee shall be composed of two or more Independent Directors.

The members of the Committee shall be appointed by the Board and shall serve until their successors shall be duly elected and qualified or until their earlier death, retirement, resignation or removal. The Board shall have the power at any time to change the membership of the Committee and to fill vacancies on it, subject to such new member(s) qualifying as an Independent Director. The members of the Committee may designate a Chairman by majority vote of the full Committee membership.

Certain Definitions

Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Company’s Articles of Incorporation (the “Articles”) and the Company’s Bylaws (the “Bylaws”).

Definitions

“Advisor” means Elevate Money, Inc., a Delaware corporation, any successor advisor to the Company, or any person or entity to which Elevate Money, Inc., or any successor advisor subcontracts substantially all of its functions in respect of the Company.

“Affiliate” means (i) any person or entity directly or indirectly owning, controlling, or holding, with power to vote 10% or more of the outstanding voting securities of such other entity; (ii) any entity 10% or more of whose outstanding voting securities are directly or indirectly owned, controlled or held, with power to vote, by such other person or entity; (iii) any person or entity directly or indirectly controlling, controlled by, or under common control with such other person or entity; (iv) any executive officer, director, trustee or general partner of such other entity; and (v) any legal entity for which such person or entity acts as an executive officer, director, trustee or general partner.

“Independent Director” means a director who is not and within the last two years has not been directly or indirectly associated with the Company, Advisor or the Real Estate Services Provider by virtue of (i) ownership of 5% or more of the equity interests of the Company Advisor, the Real Estate Services Provider or any of their Affiliates, (ii) employment by the Company, the Advisor, the Real Estate Services Provider or any of their Affiliates, (iii) service as an officer or director of the Company, Advisor, the Real Estate Services Provider or any of their Affiliates, (iv) performance of services, other than as a Director, for the Company, the Advisor or the Real Estate Services Provider or any of their Affiliates, (v) service as a director or trustee of more than three real estate investment trusts advised by the Advisor or the Real Estate Services Provider, or (vi) maintenance of a material business or professional relationship with the Company, Advisor, the Real Estate Services Provider or any of their Affiliates. A business or professional relationship is considered material if the gross revenue derived by the director from the Company, the Advisor, the Real Estate Services Provider or any of their Affiliates exceeds 5% of either the director’s annual gross revenue during either of the last two years or the director’s net worth on a fair market value basis. An indirect relationship shall include circumstances in which a director’s spouse, parents, children, siblings, mothers- or fathers-in-law, sons- or daughters-in-law, or brothers- or sisters-in-law are or have been associated with the Company, the Advisor, the Real Estate Services Provider or any of their Affiliates.

“Real Estate Services Provider” means Lalutosh Real Estate, LLC, any successor real estate services provider to the Company, or any person or entity to which Lalutosh Real Estate, LLC, or any successor real estate services provider subcontracts substantially all of its functions in respect of the Company.Meetings

The Committee shall hold regular meetings as may be necessary (but not less frequently than annually) and special meetings as may be called by the Chairman of the Committee. Any action of the Committee shall require approval of a majority of the members of the Committee.

Responsibilities and Duties

The Committee’s responsibilities and duties are as follows:

In the Committee’s determinations relating to the approval of the transactions described in this Charter and to the resolution of any conflict of interest, the Committee shall comply with the related guidelines and other provisions set forth in the Articles and Bylaws, and may consider (a) the relative interests of any party to such conflict, agreement, transaction or situation and the benefits and burdens relating to such interest; (b) any customary or accepted industry practices and any customary or historical dealings with a particular Person; (c) any applicable generally accepted accounting practices or principles; and (d) such additional factors as the Committee determines in its sole discretion to be relevant, reasonable, necessary or appropriate under the circumstances.

The Committee shall have the sole authority to retain and terminate any counsel, advisor or consultant to assist the Committee in carrying out its responsibilities, and the sole authority to approve such counsel’s, advisor’s or consultant’s fees and other retention terms. The Company shall provide for appropriate funding, as determined by the Committee, for payment of professional services of any counsel, advisors or consultants retained by the Committee.

The Committee may form and delegate authority to subcommittees consisting of one or more members when appropriate, provided that the decision of such subcommittee shall be presented to the full Committee at its next meeting.

This Charter may be amended through the approval of a majority of the then members of the Committee, or if there are no members of the Committee, a majority of the Independent Directors on the Company’s Board of Directors.