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					       Georgia Department of Community Affairs                                                                                                                             Office of Affordable Housing
                                           2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
           Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                         Included
Tab   Required Application Binder Tabs                         Required Tab Contents and Specified Order                                                                                                                  in App
Nbr                                                                                                                                                                                                                       Binder

                                                               Completed Application Tabs Checklist                                                                                                                       Yes
                                                               Completed Core Application (Parts I through IX-A)                                                                                                          Yes
      CORE QAP DOCUMENTATION
1 Project Overview                                             Project Narrative / Project Concept (printed from electronic Core Application)                                                                             Yes
                                                               Superior Project Concept Narrative (printed from electronic Core Application Part IX-B)                                                                    N/a
                                                               Superior Project Concept supporting documentation                                                                                                          N/a
                                                               Application Certification Letter (Tab X of electronic Core Application)                                                                                    Yes
                                                               Copy of Tax Exempt Bond Inducement Resolution, if applicable                                                                                               N/a
                                                               Master Planned Community Documentation                                                                                                                     N/a
                                                               Public Benefits Affidavit                                                                                                                                  Yes
                                                               Public Benefits Affidavit secure and verifiable documentation                                                                                              Yes
2 Set Asides
         Rural Set Aside                                       Documents from USDA indicating project is located in rural area (if applicable)                                                                            Yes
         Special Needs Set Aside                               DCA Designation for Special Needs Set Aside                                                                                                                N/a
         Preservation Set Aside                              IRS Forms 8609 for first and final years of credit period                                                                                                    N/a
                                                             Legal opinion that project will meet for the 15 year compliance period requirement specified for the Preservation Set-Aside                                  N/a
                                                             Replacement housing factor (RHF) funds documents                                                                                                             N/a
                                                             Project Based Section 8 contract (Original and Renewal)                                                                                                      N/a
                                                             HUD Section 236 decoupling documents                                                                                                                         N/a
                                                             Narrative and Documentation supporting project's qualification for "Significant Community Value" Add-On points                                               N/a
                                   Expiring LIHTC Properties Partnership’s tax returns for the first and last years in which credits were claimed, along with the appropriate IRS Forms 8609 attached                     N/a
                                   HUD Properties            Documentation from HUD specifying the projects High Priority designation                                                                                     N/a
                                                             HUD Designation as Preservation Property in danger of losing affordability                                                                                   N/a
         Non-Profit Set Aside                                  IRS Tax-Exempt Status Determination Letter                                                                                                                 N/a
                                                               Secretary of State Certification of Nonprofit Status                                                                                                       N/a
                                                               General Partnership Joint Venture Agreement if applicable                                                                                                  N/a
                                                               Legal Opinion regarding nonprofit tax-exempt qualification status (and documentation stating nonprofit's by-laws have not changed since opinion was        N/a
                                                               issued, if opinion was previously obtained)
                                                               Documentation of ALL Nonprofit's ownership interest                                                                                                        N/a
                                                               Board of Directors information: name, address, phone, occupation, positions                                                                                N/a
                                                               Development Agreement                                                                                                                                      N/a
                                                               By-laws or Articles of Incorporation for Non Profit                                                                                                        N/a
                                   CHDO                        Copy of State CHDO Pre-qualification or Renewal Letter if requesting DCA HOME funds                                                                        N/a
                                                               Evidence of CHDO Predevelopment Loan if requesting DCA HOME funds from CHDO set aside                                                                      N/a
                                                               Evidence that project is within CHDO service area if requesting DCA HOME funds from CHDO set aside                                                         N/a
                                                               Copy of the general partnership/joint venture agreement indicating the CHDO’s general partnership interest and its share (or the share of the wholly       N/a
                                                               owned and controlled affiliate) of the Developer Fee


       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                   Application Tabs Checklist                                                                                       1 of 86
        Georgia Department of Community Affairs                                                                                                                                  Office of Affordable Housing
                                                2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
             Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                              Included
Tab   Required Application Binder Tabs                              Required Tab Contents and Specified Order                                                                                                                  in App
Nbr                                                                                                                                                                                                                            Binder

3 Project Participants*                                            DCA Pre-determination of proposed Project Team Qualifications                                                                                               Yes
          General                                                  Approved Performance Workbook for all project participants                                                                                                  Yes
                                                                   General Partner Organization Documents Including Operating Agreement                                                                                        Yes
                                                                   Documentation that organizational entities are registered to do business in Georgia                                                                         Yes
                                                                   Developer Organization Documents                                                                                                                            Yes
                                                                   All Partnership and Consulting Agreements Between Project Participants                                                                                      N/a
          Qualifications for Project Team (Performance and         Development fee sharing arrangements                                                                                                                        N/a
          Compliance)                                              Guarantor agreements                                                                                                                                        N/a
                                                                   Documentation of all pending litigation                                                                                                                     N/a
          Capacity Building for Industry Professionals            Evidence of full time employment in the Tax credit industry for a minimum period of five years                                                               N/a
                                                                  Evidence of material participation in the successful development of at least two Tax Credit projects during that period. (Ownership interest is not          N/a
                                                                  Statement Confirming No participation in adverse development                                                                                                 N/a
                                                                  Complete resume                                                                                                                                              N/a
                                                                  Completed release to allow DCA to perform a personal credit check and a criminal background check                                                            N/a
                                                                  Business Plan which outlines how the Project Team will address different areas required for successful development of tax credit project.                    N/a
                                                                  Evidence of sufficient liquidity to attract syndication either through the assets of the project team or through a guarantor may also be required.           N/a
                                                                  Narrative of proposed project and organizational structure                                                                                                   N/a
      * Documentation submitted as part of the Pre-Application process does not have to be resubmitted provided there has been no change to the organizational structure.

4 Waivers/Preapprovals (Non financial)                             Architectural Standards Waiver Pre-Approval                                                                                                                 N/a
                                                                   Amenities Pre-Approval                                                                                                                                      N/a
                                                                   Sustainable Communities Pre-Approval                                                                                                                        N/a
                                                                   Noise Waiver                                                                                                                                                N/a
                                                                   DCA Operating Expense Waiver Approval                                                                                                                       N/a
                                                                   Payment & Performance Bond Waiver                                                                                                                           N/a
                                                                   Scattered Sites Pre-Approval                                                                                                                                N/a
                                                                   Other Waiver Approval                                                                                                                                       N/a
                                                                   Other Pre-Approval                                                                                                                                          N/a
      THRESHOLD DOCUMENTATION
5 Financing Commitments                                            Preliminary Financing Commitments - Debt, Equity, Historic Rehab Credits & Grants (if applicable)                                                           Yes
                                                                   USDA documentation, if applicable                                                                                                                           N/a
                                                                   CDBG documentation, if applicable                                                                                                                           N/a
                                                                   NSP Reservation and commitments, if applicable                                                                                                              N/a
                                                                   AHP Commitment and loan documents, if applicable                                                                                                            N/a
                                                                   Permanent Supportive Housing commitment                                                                                                                     N/a
                                                                   Documentation of Applicable Index Rate (for interest rates tied to an index), if applicable                                                                 N/a
                                                                   DCA HOME Loan consent pursuant to the pre-application process, if applicable                                                                                N/a




        b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                       Application Tabs Checklist                                                                                       2 of 86
       Georgia Department of Community Affairs                                                                                                                         Office of Affordable Housing
                                          2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
          Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                     Included
Tab   Required Application Binder Tabs                    Required Tab Contents and Specified Order                                                                                                                   in App
Nbr                                                                                                                                                                                                                   Binder
                                                          Operating Subsidy Agreements, if applicable                                                                                                                 N/a
                                                          HUD Under Consideration Letter & Lender Preliminary Commitment for HUD 221(d)3 or (d)4 Program, if applicable                                               N/a
                                                          HUD Invitation to Submit, if applicable                                                                                                                     N/a
                                                          Tax Abatement documentation, if applicable                                                                                                                  N/a
                                                          Evidence of PBRA Agreements, if applicable                                                                                                                  N/a
                                                          Support Documentation for Tax Exemption                                                                                                                     N/a
                                                          Alternate Financing Commitments, if applicable, due on or before 7/27/12.                                                                                   N/a
                                                          Other Financing Commitments                                                                                                                                 N/a
        Leveraging of Resources
                                  Off Site Improvement,   Commitment of Funds meeting DCA requirements                                                                                                                N/a
                                  Amenity and Facility    Description and location of improvements on site map                                                                                                        N/a
                                  Investment              Narrative that includes benefit specific to the tenant base                                                                                                 N/a

6 Assumption of Existing Debt (if applicable)             Estoppel Letter from Lender containing certifications required relating to assumption of existing debt                                                      N/a
                                                          Copy of Original Promissory Note and Amendments                                                                                                             N/a
                                                          Copy of Original Loan Agreement and Amendments                                                                                                              N/a
                                                          Copy of Original Security Instruments                                                                                                                       N/a

7 Operating Utility Allowance (UA)                        Current utility allowance schedule from applicable utility provider to be used by project                                                                   Yes

8 Additional Feasibility documents                        Documentation back up for construction costs (i.e., Schedule of Values), insurance and taxes                                                                Yes
                                                          Request for State-Designated Basis Boost and supporting documentation                                                                                       Yes
                                                          Three years of audited operating statements                                                                                                                 N/a

9 Site Control                                            Executed Warranty Deed, legally binding Sales Option Contract, a binding long-term ground lease or option for a binding long-term ground lease              Yes
                                                          Legal Description of Property                                                                                                                               Yes
                                                          HOME Contract Addendum (If applicable)/or right to withdraw                                                                                                 N/a

10 Site Access                                            Appropriate drawings, survey and other documents reflecting paved roads                                                                                     N/a
                                                          Local Govt commitment for funding of paved roads, and timetable if applicable                                                                               N/a
                                                          Proof of ownership or executed easement of a private drive, if applicable                                                                                   N/a
                                                          Plans and costs for paving private drive, including associated development costs, if applicable                                                             N/a

11 Site Zoning                                            Letter from authorized Local Government Official that details zoning, land use classification and conditions of zoning, explanation of requirements, and    Yes
                                                          any conditions of zoning and classification.
                                                          Copy of applicable sections of zoning ordinance for stated classification                                                                                   Yes




       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                               Application Tabs Checklist                                                                                      3 of 86
       Georgia Department of Community Affairs                                                                                                                        Office of Affordable Housing
                                         2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
          Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
   This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
                Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                    Included
Tab   Required Application Binder Tabs                   Required Tab Contents and Specified Order                                                                                                                   in App
Nbr                                                                                                                                                                                                                  Binder

12 Operating Utility original letters:                   Evidence of easements and commitments from utility providersnecessary to extend utilities to the propertiy (if applicable)                                  N/a
                                                         Letter of availability and capacity from local Natural Gas provider                                                                                         N/a
                                                         Public Water/Sewer Requirement Waiver Approval                                                                                                              N/a
                                                         Letter of availability and capacity from proposed local Electricity provider                                                                                Yes
                                                         Letter of availability and capacity from local public water authority                                                                                       Yes
                                                         Letter of availability and capacity from local public sewer authority                                                                                       Yes
                                                         Verification of Annexation and Improvements (if applicable)                                                                                                 N/a
13 Local Government Support and Community                Evidence of public meetings and presentations regarding the proposed project to local government and residents of the community                             Yes
   Engagement                                            Resolutions of support or letters of support from local government officials (may be included, but are not required)                                        Yes
                                                         Other (Explain in "Other" tab section at end of this checklist)                                                                                             N/a

14 Rehabilitation Standards                              Physical Needs Assessment (See Rehabilitation Guide in Architectural Manual)                                                                                N/a
   (Rehab projects)                                      Rehabilitation Work Scope                                                                                                                                   N/a

15 Site Info and Development Plan                        Location and Vicinity Map (all parcels for a scattered site must be indicated)                                                                              Yes
   (All Projects New AND Rehab)                          Conceptual Site Development Plan of the property                                                                                                            Yes
                                                         Site Maps & Photographs (photos must be color in all copies)                                                                                                Yes
                                                         Aerial Photos of proposed site                                                                                                                              Yes
16 Additional HOME/HUD Requirements                      Site & Neighborhood Standards documentation                                                                                                                 N/a
                                                         US Census Tract documentation                                                                                                                               N/a
                                                         Certification for Contracts, Loans and Cooperative Agreements                                                                                               N/a
                                                         Disclosure of Lobbying Activities                                                                                                                           N/a
                                                         Applicant / Recipient Disclosure / Update Report                                                                                                            N/a
                                                         MBE / WBE Outreach Plan Guide form                                                                                                                          N/a
                                                         Affirmative Fair Housing Marketing Plan                                                                                                                     N/a
                                                         Copy of all documents relating to the different standards of review                                                                                         N/a

17 Required Legal Opinions                               LIHTC Legal Opinion as to Project Qualification for Acquisition Credits                                                                                     N/a
                                                         Legal Opinion for Assisted Living (as applicable)                                                                                                           N/a
                                                         Legal opinion for scattered site projects. The legal opinion should address the proposed site plan and must be included as part of the opinion              N/a
                                                         Other legal (Explain in "Other" tab section at end of this checklist)                                                                                       N/a




       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                              Application Tabs Checklist                                                                                       4 of 86
       Georgia Department of Community Affairs                                                                                                                           Office of Affordable Housing
                                        2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
          Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                        Included
Tab   Required Application Binder Tabs                   Required Tab Contents and Specified Order                                                                                                                       in App
Nbr                                                                                                                                                                                                                      Binder

18 Relocation (if applicable)                            Relocation Displacement Spreadsheet                                                                                                                             N/a
                                                         Detailed Project-Specific Displacement/Relocation Plan and Budget                                                                                               N/a
                                                         Multifamily Tenant Relocation Plan Certification                                                                                                                N/a
                                                         Temporary Relocation Cost Estimate                                                                                                                              N/a
                                                         General Info Notice for Occupants at Time of App / Proof of Delivery                                                                                            N/a
                                                         Occupancy History                                                                                                                                               N/a
                                                         Site Map of Property                                                                                                                                            N/a
                                                         Tenant Household Data Forms                                                                                                                                     N/a
                                                         Site Relocation Survey                                                                                                                                          Yes
      SCORING DOCUMENTATION
19 Desirable / Undesirable Characteristics               Desirable/Undesirable Form                                                                                                                                      Yes
                                                         A site map indicating the specific locations of each desirable and undesirable activity/ characteristics                                                        Yes
                                                         Photographs of the desirable and undesirable activities/characteristics                                                                                         Yes
                                                         Documentation from the owner of the site on which the undesirable condition exists or from a third party government source documenting how such                 N/a
                                                         change will occur and the time frame
                                                         Documentation that evidences the desirable activity/characteristic that will be located in sites under construction (if characteristic is a high-performance    N/a
                                                         elementary school, this includes: school name, local school district contact information, and copy of school's most recent Georgia Education
                                                         Scoreboard results.)

20 Community Transportation Options                      Map showing the location of the transit stop in relation to the proposed development site                                                                       N/a
                                                         Documentation from transit authority showing relevant bus route and schedule                                                                                    N/a
21 Adaptive Re-Use                                       Documentation on the previous use of the building                                                                                                               N/a
                                                         Photographs of the building that is to be reused                                                                                                                N/a
                                                         Documentation of whether or not the building is occupied                                                                                                        N/a
                                                         Narrative of how building will be reused                                                                                                                        N/a

22 Brownfield                                            Evidence of designation as a Brownfield site                                                                                                                    N/a
                                                         Opinion letter from either an attorney, PE or PG that the property appears to meet requirements for issuance of EPD Letter of No Further Action or              N/a
                                                         Limitation of Liability
                                                         Proposed scope of work for clean up of a site                                                                                                                   N/a
                                                         Detailed budget for clean up                                                                                                                                    N/a
                                                         Time line for clean up of the site                                                                                                                              N/a

23 Sustainable Communities Certification                 Copy of an executed EarthCraft Communities Memorandum of Participation for the development where the project is located                                         N/a
                                                         Narrative as to how the Memorandum is applicable to the project (if Memorandum of Participation is not signed by the Applicant).                                N/a
                                                         Draft scoring sheet for the development that includes the minimum score under the program to qualify for the designation and the master site plan               N/a
                                                         Documentation of the project’s registration in the LEED database.                                                                                               N/a



       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                              Application Tabs Checklist                                                                                          5 of 86
       Georgia Department of Community Affairs                                                                                                                         Office of Affordable Housing
                                         2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
          Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                                    Included
Tab   Required Application Binder Tabs                   Required Tab Contents and Specified Order                                                                                                                   in App
Nbr                                                                                                                                                                                                                  Binder

24 Sustainable Building Certification                    Draft scoring sheet for the development that includes the minimum score under the program to qualify for the designation.                                   Yes
                                                         Certificate of Participation in Southface’s green building for affordable housing training course completed by a direct employee of the project owner       Yes
                                                         dated 2011 or 2012

25 Stable Communitities                                  Each page of FFIEC census demonstrating project meets requirements                                                                                          Yes

26 Community Redevelopment /Revitalization Plans and Strategies
        HOPE VI or CHOICE Neighborhoods Initiatives      A copy of the HOPE VI or Choice Neighborhoods Revitalization Grant Assistance Award (form HUD-1044) identifying funded PHA and amount                       N/a
                                                         Additional documentation reflecting the time limits for use of the HOPE VI or Choice Neighborhoods funds                                                    N/a
                                                         A certification letter from the Executive Director of the identified PHA                                                                                    N/a
                                                         A copy of the HUD approved Revitalization Plan.                                                                                                             N/a
        Statutory Redevelopment Plans                    Copy of the Plan                                                                                                                                            N/a
                                                         Website address where information regarding the plan can be located                                                                                         N/a
                                                         Copy of Resolution(s) adopting the Plan according to requirements of statute                                                                                N/a
                                                         Documentation of Public Hearing and Publication if required by statute                                                                                      N/a
                                                         Documentation that Plan is current, ongoing and directly affects the site                                                                                   N/a
        Redevelopment Zones                              Copy of Resolution adopting the state enterprise zone                                                                                                       N/a
                                                         Documentation evidencing that the proposed site is located in a QCT/DDA                                                                                     N/a
        Local Redevelopment Plans                        DCA Neighborhood Redevelopment Certification Form                                                                                                           N/a
                                                         Documentation of the process the government used for developing and adopting the plan                                                                       N/a
                                                         Details regarding community input and public hearings held prior to the adoption of the plan                                                                N/a
                                                         Copy of the entire plan                                                                                                                                     N/a
                                                         Evidence of adoption                                                                                                                                        N/a
                                                         Map of area targeted by plan identifying location of project                                                                                                N/a

27 Tenant Ownership                                      Copy of Strategy meeting requirements                                                                                                                       N/a

28 DCA Community Initiatives                             Letter executed by Official Representative                                                                                                                  N/a

29 Historic Designation                                  Copy of the Georgia DNR-HPD and NPS approved Part 1, Part 2 and, if applying, the Georgia-approved Part A                                                   N/a
                                                         Copy of Georgia DNR-HPD and NPS approved Part 1 - Evaluation of Significance                                                                                N/a
                                                         Copy of preliminary equity commitment for federal and Georgia historic rehab credits and such equity must be included as part of the project funding        N/a
                                                         sources




       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                             Application Tabs Checklist                                                                                        6 of 86
       Georgia Department of Community Affairs                                                                                                                      Office of Affordable Housing
                                        2012 Application Binder Tabs Checklist For: 2012-003, Hardin Terrace Apartments, Chatham County
          Directions: Place an "X" in the green-shaded boxes beside items secured in the Application Package. Place completed Tabs Checklist in front of Tab 1 in the application binder.
  This tab checklist is formulated to aid applicants in appropriately organizing documentation. It is not meant to be a conclusive list of documentation which is required for an application.
               Applicant's should review the QAP carefully. The application must contain all required documentation which will allow DCA to adequately review each section
                                                                                                                                                                                                    Included
Tab   Required Application Binder Tabs                    Required Tab Contents and Specified Order                                                                                                  in App
Nbr                                                                                                                                                                                                  Binder

30 Other                                                                                                                                                                                             N/a
      (Provide name of each item and what section it is                                                                                                                                              N/a
      needed for)                                                                                                                                                                                    N/a
                                                                                                                                                                                                     N/a
                                                                                                                                                                                                     N/a
                                                                                                                                                                                                     N/a

31 Market Feasibility                                     Market Study for proposed site                                                                                                             Yes

32 Appraisal                                              Applicant Commissioned Appraisal (if applicable)                                                                                           N/a

33 Environmental Requirements                             Phase I Environmental Study (including all appendices in the format prescribed in the Environmental Manual)                                Yes
                                                          Phase II Environmental Study (if applicable)                                                                                               N/a

                Note: Additional Forms and Documentation required for the 2012 Application Submittal may be obtained on the DCA website at
                                    http://www.dca.state.ga.us/housing/HousingDevelopment/programs/QAP2012docs.asp




       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                Application Tabs Checklist                                                                     7 of 86
                                                                     Project Narrative
                                                                Hardin Terrace Apartments
                                                                 Pooler, Chatham County

The City of Pooler is located in Chatham County in southeast Georgia; Pooler is part of the Savannah Metropolitan Statistical Area (MSA). According to
the most recent U.S. Census, the population in Pooler has increased more than 200% since 2000; a population of 6,239 was reported in the 2000 census
and 2010’s enumeration lists 19,140 residents. The State of Georgia invested in Pooler to develop 1,560 acres into a premier industrial mega site. The
economic expansion brought new industry and jobs with Fortune 500 companies such as Mitsubishi and JCB. Nearby Savannah is headquarters to the
Gulfstream Aerospace Corporation, which is the largest maker of private jets in the world and Chatham County’s top private employer.

Pooler is a community that supports companies who build housing for lower-income households. A Resolution of Support from the Mayor and Councilmen
has been received relative to the proposed Hardin Terrace development. In Pooler’s Comprehensive Plan-Partial Update (2008), we note the following:
   • They allow multi-family developments in the community, and
   • They have vacant and developable land available for multi-family housing

Pooler recognizes the need for and strives for:
  • having enough housing for each income level, and
  • housing programs that focus on households with special needs, i.e. Seniors

Zimmerman Properties, LLC is proposing to develop, build and manage Hardin Terrace, a 60-unit affordable senior housing, or more specifically, Housing
for Older Persons (HFOP). Its target population will be Seniors 55 years of age and better. Hardin Terrace will consist of a single 3-story building with two
wings and centrally located community space. Of the individual units, 30 will be one-bedroom/one bath at 837 SF and the remaining 30 will be two
bedroom/two bath at 1099 SF. Forty-five units, or 75% of the housing units will be available to those individuals and/or families at or below 60% of the
Area Median Income (AMI); fifteen units, or 25% of the units are set-aside to those qualified at or below 50% of the AMI.

The location of the proposed Hardin Terrace is an approximate 7.45 acre tract along South Rogers Street, one mile west of Interstate-95. It is currently
zoned R-3, which allows for Multi-Family Residential development. Pooler Recreation Park is a stone throw away, and more than a dozen other
businesses and/or facilities are in close proximity to the site.

Every unit of Hardin Terrace will be designed and constructed in compliance with the mandatory measures of Enterprise Green Communities Criteria.
Water conserving appliances and fixtures will be installed throughout the development. All units will have the same amenities: ENERGY STAR®
appliances including frost free refrigerators with ice-makers, range with self-cleaning oven, microwaves, dishwashers, garbage disposals and washers &
dryers. Additionally, all units will have ceiling fans, walk-in closets, wall-to-wall carpet and vinyl floor coverings, and a private balcony or patio. Community
amenities include an outdoor gazebo, an interior community room with open kitchenette, a separate fitness center/exercise room, computer work stations,
gaming area and other multi-purpose space. Community space will be on each of the three floors.
Zimmerman Properties, LLC (ZP) was formed in April 2000 to serve as the development entity and holder of general partner interests for the acquisition
and development of Low-Income Housing Tax Credit transactions. ZP is wholly owned by Zimmerman Investments, LLC (ZI). Vaughn C. Zimmerman and
Justin M. Zimmerman along with their wives, Rebecca A. and D. Leah, are principals in ZI. The combined entities operate more than 5,300 units of
affordable housing in 75 developments across the following states: Texas, Arkansas, Nebraska, Tennessee, Oklahoma, Missouri, Kansas and Illinois.

In November 1986, Wilhoit Properties, Inc. was formed to serve as a property management and commercial real estate brokerage company. Wilhoit
Properties, Inc. currently operates in the above-mentioned states and manages more than 5,300 units of affordable housing under Section 42 of the
Internal Revenue Code.

In the accompanying market study dated April 30, 2012 (Tab 31), the demographic data indicates Pooler’s rapid population growth of the last decade,
highlighting the fact that the Seniors Age 55-64 grew the fastest at a rate of 143.7%. The Market Area studied encompassed 11 census tracts in Western
Chatham County. Reportedly the Hardin Terrace Market Area for senior housing/HFOP has no vacancies and waiting lists topping 300. Additionally, the
only Senior Comparable Housing is at 100% occupancy, also with a waiting list of 300.




2012 Project Narrative                             b910b937-f28b-4270-bac3-dccaf328613f.xlsx                                                             8 of 86
                                     Project Narrative
                                  Hardin Terrace Apartments
                                   Pooler, Chatham County




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2012 Project Narrative   b910b937-f28b-4270-bac3-dccaf328613f.xlsx   11 of 86
              Georgia Department of Community Affairs                                                                          2012 Funding Application                                                            Office of Affordable Housing
                                               PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

Please note:                           Blue-shaded cells are unlocked for your use and do not contain references/formulas.                                                          DCA Use - Project Nbr:
                                       Green-shaded cells are unlocked for your use and do contain references/formulas that can be overwritten.                                           2012-003

I.        DCA RESOURCES                              LIHTC (auto-filled based on later entries)                   $                608,335                                           Pre-App Nbr (if applicable)
                                                     DCA HOME (amount from Consent Form)                          $                      -                                                   12-37

II.       TYPE OF APPLICATION                        Competitive Round                                  Other:
III.      APPLICANT CONTACT FOR APPLICATION REVIEW
          Name                                       Tab Bullard                                                                                           Title         VP of Development
          Address                                    1730 East Republic Road, Suite F                                                                      Direct Line               (770) 314-3544
          City                                       Springfield                                                                                           Fax                       (417) 883-6343
          State                                      MO                                              Zip+4              65804-6519                         Cellular
          Office Phone                               (417) 883-1632                                   Ext.            N/A       E-mail        tbullard@wilhoitproperties.com
          (Enter phone numbers without using hyphens, parentheses, etc - ex: 1234567890)

IV.       PROJECT LOCATION
          Project Name                               Hardin Terrace Apartments                                                                             Phased Project?          No
          Site Street Address                        S. Rogers Street                                                                                      Scattered Site?          No
          City                                       Pooler                                   9-digit Zip *       31322-3123                               Acreage                  7.45
          Within City Limits?                        Yes                                      County        Chatham                                        Census Tract #           13-051-0108.03
          In USDA Rural Area?                        Yes                              HUD SA:    MSA        Savannah                                       QCT?          No              DDA? No
                                                           Congressional *                 State Senate                 State House
          Legislative Districts                                  12                              1                          159
          If on boundary, other district:
          Political Jurisdiction                     City of Pooler
          Name of Chief Elected Official             Mike Lamb                                                                      Title     Mayor
          Address                                    100 SW Highway 80                                                              City      Pooler
          Zip+4                                      31322-2530                       Phone                    (912) 748-7261                     Fax            (912) 330-0987
V.        PROJECT DESCRIPTION                                                                                    * Must be verified by applicant using following websites:
       A. Mixed Use                                        No                                                    Zip Codes                    http://zip4.usps.com/zip4/welcome.jsp
       B. Type of Construction:                                                                                  Congressional Districts:     http://www.govtrack.us/congress/findyourreps.xpd
          New Construction                                 60
          Adaptive Reuse
          Acquisition/Rehabilitation                                For Acquisition/Rehabilitation, date of original construction:
          Substantial Rehabilitation
          Historic Rehab




              b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                  Part I-Project Information                                                                          12 of 86
               Georgia Department of Community Affairs                                                                      2012 Funding Application                                               Office of Affordable Housing
                                                  PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

        C. Unit Breakdown                                                                         # of PBRA               D. Unit Area
           Number of Low Income Units                                                      60        Units                   Total Low Income Residential Square Footage                  58,080
                        Number of 50% Units                                                15                                Total Unrestricted (Market) Residential Square Footage
                        Number of 60% Units                                                45                                Total Residential Square Footage                             58,080
           Number of Unrestricted (Market) Units                                                                             Total Common Space Square Footage from Units
           Total Residential Units                                                         60                                Total Square Footage from Units                              58,080
           Common Space Units
           Total Units                                                                     60
        E. Buildings      Number of Residential Buildings                                  1                                 Total Common Area Square Footage from Nonresidential areas   20,385
                          Number of Non-Residential Buildings                              0                                 Total Square Footage                                         78,465
                          Total Number of Buildings                                        1
        F. Total Residential Parking Spaces (min 1.5 per unit)

VI.        TENANCY CHARACTERISTICS
        A. Family or Senior (if Senior, specify Elderly or HFOP)                        HFOP                                 If Other, specify:
        B. Mobility Impaired                                Nbr of Units Equipped:         3                                 % of Total Units                                             5.0%
        C. Sight / Hearing Impaired                         Nbr of Units Equipped:         2                                 % of Total Units                                             3.3%
        D. Special Needs Units                                          Nbr of Units:                                        % of Total Units

VII.       RENT AND INCOME ELECTIONS
        A. Tax Credit Election                                                             40% of Units at 60% of AMI
        B. DCA HOME Projects Minimum Set-Aside Requirement (Rent & Income)                                                    20% of HOME-Assisted Units at 50% of AMI

VIII.      SET ASIDES
                                                         Nonprofit                        Yes     Rural                                     Supplemental (Noncompetitive - see QAP)
                                                         Preservation                             Special Needs

IX.        TAX EXEMPT BOND FINANCED PROJECT
           Issuer:                                                                                                                                       Inducement Date:
           Office Street Address                                                                                                                         Applicable QAP:
           City                                                                           State                   Zip+4
           Contact Name                                                                   Title                                                 E-mail
           10-Digit Office Phone                                                           Fax                                Direct line                              Cellular




               b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                              Part I-Project Information                                                             13 of 86
             Georgia Department of Community Affairs                                                                 2012 Funding Application                                        Office of Affordable Housing
                                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

X.       AWARD LIMITATIONS FOR CURRENT DCA COMPETITIVE ROUND
         The following sections apply to all direct and indirect Owners, Developers and Consultants (Entity and Principal) :
      A. Number of Applications Submitted:                                        1
      B. Amount of Federal Tax Credits in All Applications:                    608,335
      C. Names of Projects in which an Owner, Developer and Consultant(s) and each of its principals has a direct or indirect Ownership interest:
         Project Participant                Name of Project                                   Project Participant                   Name of Project
         1                                                                                             8
         2                                                                                             9
         3                                                                                             10
         4                                                                                             11
         5                                                                                             12
         6                                                                                             13
         7                                                                                             14

      D. Names of Projects in which the Owner, Developer and Consultant(s) and each of its principals is partnering with an inexperienced unrelated entity for purposes of meeting
         DCA Experience Requirements:
         Project Participant                Name of Project                                   Project Participant                   Name of Project
         1                                                                                             8
         2                                                                                             9
         3                                                                                             10
         4                                                                                             11
         5                                                                                             12
         6                                                                                             13
         7                                                                                             14

XI.      PRESERVATION                                                            No
      A. Subsequent Allocation                                                   No
         Year of Original Allocation
         Original GHFA/DCA Project Number
         First Year of Credit Period                                                                                 First Building ID Nbr in Project               GA-
         Expiring Tax Credit (15 Year)                                           No                                  Last Building ID Nbr in Project                GA-
         Date all buildings will complete 15 yr Compliance pd
      B. Expiring Section 8                                                      No
      C. Expiring HUD or USDA
         HUD funded affordable nonpublic housing project                         No                                  HUD funded affordable public housing project         No
         USDA funded affordable nonpublic housing project                        No




             b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                        Part I-Project Information                                                       14 of 86
                Georgia Department of Community Affairs                                                                                 2012 Funding Application                                                                  Office of Affordable Housing
                                                  PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

XII.     ADDITIONAL PROJECT INFORMATION
      A. PHA Units
         Is proposed project part of a local public housing replacement program?                                                    No
         Number of Public Housing Units reserved and rented to public housing tenants:                                                       % of Total Residential Units
         Nbr of Units Reserved and Rented to PHA Tenants w/ PBRA or Households on Waiting List:                                              % of Total Residential Units
         Local PHA                                                                                                                           Contact
         Street Address                                                                                                                      Email
         City                                                                                  Zip+4                                         Direct line
         Area Code / Phone                                                       Fax                                                         Cellular
      B. Existing properties: currently an Extention of Cancellation Option?                    No            If yes, expiration year:                       Nbr yrs to forgo cancellation option:
      C. Is there a Tenant Ownership Plan?                                        No
      D. Is the Project Currently Occupied?                                       No
         Total Existing Units
         Number Occupied
         % Existing Occupied
      E. Waivers and/or Pre-Approvals - have the following waivers and/or pre-approvals been approved by DCA?
         Amenities?                                                               No                                                         Request for Special Needs Set Aside Designation               No
         Architectural Standards?                                                 No                                                         Probationary Participation?                                   No
         HOME Consent?                                                            No                                                         Service Requirement (for small rural projects)?               No
         Qualification Determination?                                            Yes                                                         Scattered Site                                                No
         Payment & Performance Bond?                                              No                                                         Noise Waiver                                                  No
         Operating Expense?                                                       No      ---------------------------------------------> If Yes, new Limit is:
         Other (specify):                                                         No
      F. Projected Place-In-Service Date
         Acquisition
         Rehab
         New Construction                                                   April 1, 2014
XIII.    APPLICANT COMMENTS AND CLARIFICATIONS                                                                               XV.             DCA COMMENTS - DCA USE ONLY
Closing is anticipated to occur during the 1st quarter of 2013 with completion approximately 10 - 12 months later.                                                                                                        NOTE: Row size may be increased or
                                                                                                                                                                                                                        decreased as needed. Press and hold Alt-
                                                                                                                                                                                                                        Enter to start new paragraphs in the same
                                                                                                                                                                                                                                           box.




       Sta                                (Non)Metropolit                  FMR MSA                                       Tax-Exempt                                                                                                                Unincorporated
       te County Name    Utility Region   an SA           MSA?             Name             FMR MSA                      Bond Issuers                                     City          County       other                                         Place          County
       AL   Appling      South            Appling Co.    Non-MSA           Appling County, GA    N                       Abbeville Housing Authority                      Abbeville     Wilcox       Abbeville City                                Coleman        Randolph
       AK   Atkinson     South            Atkinson Co. Non-MSA             Atkinson County, GA N                         Acworth Downtown Development Authority           Acworth       Cobb         Acworth City                                  Cusseta        Chattahoochee
       AZ   Bacon        South            Bacon Co.      Non-MSA           Bacon County, GA      N                       Adairsville Development Authority                Adairsville   Bartow       Adairsville City                              Georgetown     Quitman
       AR   Baker        South            Albany         MSA               Albany, GA MSA        Y                       Adairsville Downtown Development Authority       Adel          Cook         Adel City                                     Martinez       Columbia
       CA   Baldwin      Middle           Baldwin Co.    Non-MSA           Baldwin County, GA N                          Albany-Dougherty Inner City Authority            Adrian        Johnson      Adrian City                                   Preston        Webster
       CO   Banks        North            Banks Co.      Non-MSA           Banks County, GA      N                       Alma Downtown Development Authority              Ailey         Montgomery   Ailey City                                    Tennille       Washington
       CT   Barrow       Middle                          MSA
                                          Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                                 Y                       Arabi Industrial Development Authority           Alamo         Wheeler      Alamo Town                                    Weston         Webster
       DE   Bartow       North                           MSA
                                          Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area Housing Authority
                                                                                                 Y                       Arlington                                        Alapaha       Berrien      Alapaha Town


                b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                         Part I-Project Information                                                                                   15 of 86
       Georgia Department of Community Affairs                                                                           2012 Funding Application                                                                              Office of Affordable Housing
                                    PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

DC Ben Hill        South    Ben Hill Co    Non-MSA           Ben Hill County, GA N                         Athens-Clarke County Downtown Development Authority           Albany         Dougherty    Albany City
FL Berrien         South    Berrien Co.    Non-MSA           Berrien County, GA    N                       Atkinson County-Coffee County Joint Development Authority     Aldora         Lamar        Aldora Town
GA Bibb            Middle   Macon          MSA               Macon, GA MSA         Y                       Atlanta Development Authority                                 Allenhurst     Liberty      Allenhurst City
HI Bleckley        South    Bleckley Co.   Non-MSA           Bleckley County, GA N                         Augusta, Georgia Landbank Authority                           Allentown      Wilkinson    Allentown City
ID Brantley        South    Brunswick      MSA               Brunswick, GA MSA Y                           Bacon County Development Authority                            Alma           Bacon        Alma City
IL Brooks          South    Valdosta       MSA               Valdosta, GA MSA      Y                       Banks/Habersham Counties Joint Development Authority          Alpharetta     Fulton       Alpharetta City
IN Bryan           South    Savannah       MSA               Savannah, GA MSA Y                            Barnesville Housing Authority                                 Alston         Montgomery   Alston Town
IA Bulloch         South    Bulloch Co.    Non-MSA           Bulloch County, GA    N                       Bartow-Cartersville Joint Development Authority               Alto           Habersham    Alto Town
KS Burke           Middle                  MSA
                            Augusta-Richmond Co.             Augusta-Richmond County, GA-SC MSA
                                                                                   Y                       Ben Hill-Irwin Area Joint Development Authority               Ambrose        Coffee       Ambrose City
KY Butts           Middle   Butts Co.      MSA               Butts County, GA HUD Metro FMR Area
                                                                                   Y                       Berrien County Development Authority                          Americus       Sumter       Americus City
LA Calhoun         South    Calhoun Co.    Non-MSA           Calhoun County, GA N                          Boston Downtown Development Authority                         Andersonville Sumter        Andersonville City
ME Camden          South    Camden Co. Non-MSA               Camden County, GA N                           Bowdon Housing Authority                                      Arabi          Crisp        Arabi Town
MD Candler         South    Candler Co.    Non-MSA           Candler County, GA N                          Brantley County Development Authority                         Aragon         Polk         Aragon City
MA Carroll         Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area Housing Authority
                                                                                   Y                       Bremen                                                        Arcade         Jackson      Arcade Town
MI Catoosa         North    Chattanooga MSA                  Chattanooga, TN-GA MSAY                       Brooks County Development Authority                           Argyle         Clinch       Argyle Town
MN Charlton        South    Charlton Co. Non-MSA             Charlton County, GA N                         Brunswick and Glynn County Development Authority              Arlington      Calhoun      Arlington City
MS Chatham         South    Savannah       MSA               Savannah, GA MSA Y                            Bryan County-Pembroke Development Authority                   Arnoldsville   Oglethorpe   Arnoldsville City
MO Chattahoochee   Middle   Columbus       MSA               Columbus, GA-AL MSA Y                                                                                       Ashburn
                                                                                                           Butts, Henry, Lamar and Spalding County Joint Development Authority          Turner       Ashburn City
MT Chattooga       North    Chattooga Co. Non-MSA            Chattooga County, GA N                        Byron Development Authority                                   Athens         Clarke       Defunct city govt
NE Cherokee        North                   MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       Byron Downtown Development Authority                          Atlanta        Fulton       Atlanta City
NV Clarke          Middle                  MSA
                            Athens-Clarke Co.                Athens-Clarke County, GA MSA
                                                                                   Y                       Byron Redevelopment Authority                                 Attapulgus     Decatur      Attapulgus City
NH Clay            South    Clay Co.       Non-MSA           Clay County, GA       N                       Calhoun Downtown Development Authority                        Auburn         Barrow       Auburn City
NJ Clayton         Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area County Joint Development Authority
                                                                                   Y                       Camden                                                        Augusta        Richmond     Defunct city govt
NM Clinch          South    Clinch Co.     Non-MSA           Clinch County, GA     N                       Canton Development Authority                                  Austell        Cobb         Austell City
NY Cobb            North                   MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area Redevelopment Authority
                                                                                   Y                       Carrollton                                                    Avalon         Stephens     Avalon Town
NC Coffee          South    Coffee Co.     Non-MSA           Coffee County, GA     N                       Cartersville Development Authority                            Avera          Jefferson    Avera City
ND Colquitt        South    Colquitt Co.   Non-MSA           Colquitt County, GA N                         Cartersville Downtown Development Authority                                  DeKalb
                                                                                                                                                                         Avondale Estates            Avondale Estates City
OH Columbia        Middle                  MSA
                            Augusta-Richmond Co.             Augusta-Richmond County, GA-SC MSA
                                                                                   Y                       Catoosa County Development Authority                          Baconton       Mitchell     Baconton City
OK Cook            South    Cook Co.       Non-MSA           Cook County, GA       N                       Cedartown Development Authority                               Bainbridge     Decatur      Bainbridge City
OR Coweta          Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area Downtown Development Authority
                                                                                   Y                       Cedartown                                                     Baldwin        Habersham    Baldwin City
PA Crawford        Middle   Macon          MSA               Macon, GA MSA         Y                       Central Georgia Joint Development Authority                   Ball Ground    Cherokee     Ball Ground City
RI Crisp           South    Crisp Co.      Non-MSA           Crisp County, GA      N                       Central Savannah River Area Unified Development Authority     Barnesville    Lamar        Barnesville City
SC Dade            North    Chattanooga MSA                  Chattanooga, TN-GA MSAY                       Central Valdosta Development Authority                        Bartow         Jefferson    Bartow Town
SD Dawson          North                   MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       Chatham-Savannah Authority for the Homeless                   Barwick        Thomas       Barwick City
TN Decatur         South    Decatur Co.    Non-MSA           Decatur County, GA N                          Chattooga County Development Authority                        Baxley         Appling      Baxley City
TX Dekalb          Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area County Development Authority
                                                                                   Y                       Cherokee                                                      Bellville      Evans        Bellville City
UT Dodge           South    Dodge Co.      Non-MSA           Dodge County, GA      N                       City of Alpharetta Development Authority                      Belvedere Park DeKalb       Census Designated Place
VT Dooly           South    Dooly Co.      Non-MSA           Dooly County, GA      N                       City of Barnesville and County of Lamar Development Authority Berkeley Lake Gwinnett      Berkeley Lake City
VA Dougherty       South    Albany         MSA               Albany, GA MSA        Y                       City of Cairo Development Authority                           Berlin         Colquitt     Berlin City
WA Douglas         Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       City of Claxton Downtown Development Authority                Bethlehem      Barrow       Bethlehem Town
WV Early           South    Early Co.      Non-MSA           Early County, GA      N                       City of Clayton Downtown Development Authority                Between        Walton       Between Town
WI Echols          South    Valdosta       MSA               Valdosta, GA MSA      Y                       City of Commerce Downtown Development Authority               Bibb City      Muscogee     Defunct city govt
WY Effingham       South    Savannah       MSA               Savannah, GA MSA Y                            City of Cumming Development Authority                         Bishop         Oconee       Bishop Town
   Elbert          Middle   Elbert Co.     Non-MSA           Elbert County, GA     N                       City of Dawson Development Authority                          Blackshear     Pierce       Blackshear City
   Emanuel         South    Emanuel Co. Non-MSA              Emanuel County, GA N                          City of Dublin and County of Laurens Development Authority    Blacksville    Henry        Census Designated Place
   Evans           South    Evans Co.      Non-MSA           Evans County, GA      N                       City of Duluth Downtown Development Authority                 Blairsville    Union        Blairsville City
   Fannin          North    Fannin Co.     Non-MSA           Fannin County, GA     N                       City of Fayetteville Downtown Development Authority           Blakely        Early        Blakely City
   Fayette         Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       City of Jesup Downtown Development Authority                  Bloomingdale Chatham        Bloomingdale City
   Floyd           North    Rome           MSA               Rome, GA MSA          Y                       City of Stockbridge, Georgia Downtown Development Authority Blue Ridge       Fannin       Blue Ridge City
   Forsyth         North                   MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       City of Sugar Hill Downtown Development Authority             Bluffton       Clay         Bluffton Town
   Franklin        North    Franklin Co.   Non-MSA           Franklin County, GA N                         City of Sylvania Downtown Development Authority               Blythe         Richmond     Blythe Town
   Fulton          Middle                  MSA
                            Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                   Y                       City of Washington Downtown Development Authority             Bogart         Oconee       Bogart City
   Gilmer          North    Gilmer Co.     Non-MSA           Gilmer County, GA     N                       City of Willacoochee Development Authority                    Bonanza        Clayton      Census Designated Place

       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                   Part I-Project Information                                                                                            16 of 86
   Georgia Department of Community Affairs                                                                           2012 Funding Application                                                                               Office of Affordable Housing
                               PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

Glascock     Middle    Glascock Co. Non-MSA             Glascock County, GA N                          Clay County Development Authority                              Boston         Thomas      Boston City
Glynn        South     Brunswick         MSA            Brunswick, GA MSA Y                            Clinch County Development Authority                            Bostwick       Morgan      Bostwick City
Gordon       North     Gordon Co.        Non-MSA        Gordon County, GA N                            Consolidated Housing Authority of Talbot County, Georgia       Bowdon         Carroll     Bowdon City
Grady        South     Grady Co.         Non-MSA        Grady County, GA         N                     Coweta County Development Authority                            Bowersville    Hart        Bowersville Town
Greene       Middle    Greene Co.        Non-MSA        Greene County, GA N                            Coweta, Fayette, Meriwether Joint Development Authority        Bowman         Elbert      Bowman City
Gwinnett     Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area Joint Development Authority
                                                                                 Y                     Crisp-Dooly                                                    Braselton      Jackson     Braselton Town
Habersham    North     Habersham Co. Non-MSA            Habersham County, GAN                          Dahlonega Downtown Development Authority                       Braswell       Paulding    Braswell Town
Hall         North     Gainesville       MSA            Gainesville, GA MSA Y                          Development Authority for the City of Savannah                 Bremen         Haralson    Bremen City
Hancock      Middle    Hancock Co. Non-MSA              Hancock County, GA N                           Development Authority of Appling County                        Brinson        Decatur     Brinson Town
Haralson     North     Haralson Co. MSA                 Haralson County, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Atkinson County                       Bronwood       Terrell     Bronwood City
Harris       Middle    Columbus          MSA            Columbus, GA-AL MSA Y                          Development Authority of Bainbridge and Decatur County         Brooklet       Bulloch     Brooklet City
Hart         Middle    Hart Co.          Non-MSA        Hart County, GA          N                     Development Authority of Baker County                          Brooks         Fayette     Brooks Town
Heard        Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Banks County                          Broxton        Coffee      Broxton City
Henry        Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Bartow County                         Brunswick      Glynn       Brunswick City
Houston      Middle    Warner Robins MSA                Warner Robins, GA MSA    Y                     Development Authority of Ben Hill County                       Buchanan       Haralson    Buchanan City
Irwin        South     Irwin Co.         Non-MSA        Irwin County, GA         N                     Development Authority of Bibb County                           Buckhead       Morgan      Buckhead Town
Jackson      Middle    Jackson Co.       Non-MSA        Jackson County, GA N                           Development Authority of Brooks County, Georgia                Buena Vista    Marion      Buena Vista City
Jasper       Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Bulloch County                        Buford         Gwinnett    Buford City
Jeff Davis   South     Jeff Davis Co. Non-MSA           Jeff Davis County, GA N                        Development Authority of Burke County                          Butler         Taylor      Butler City
Jefferson    Middle    Jefferson Co. Non-MSA            Jefferson County, GA N                         Development Authority of Butts County                          Byromville     Dooly       Byromville Town
Jenkins      South     Jenkins Co.       Non-MSA        Jenkins County, GA N                           Development Authority of Carroll County                        Byron          Peach       Byron City
Johnson      South     Johnson Co. Non-MSA              Johnson County, GA N                           Development Authority of Cartersville                          Cadwell        Laurens     Cadwell Town
Jones        Middle    Macon             MSA            Macon, GA MSA            Y                     Development Authority of Catoosa County                        Cairo          Grady       Cairo City
Lamar        Middle    Lamar Co.         MSA            Lamar County, GA HUDY     Metro FMR Area       Development Authority of Chattooga County                      Calhoun        Gordon      Calhoun City
Lanier       South     Valdosta          MSA            Valdosta, GA MSA         Y                     Development Authority of Cherokee County                       Camak          Warren      Camak Town
Laurens      South     Laurens Co.       Non-MSA        Laurens County, GA N                           Development Authority of City of Edison, Georgia               Camilla        Mitchell    Camilla City
Lee          South     Albany            MSA            Albany, GA MSA           Y                     Development Authority of Clayton County                        Canon          Franklin    Canon City
Liberty      South                       MSA
                       Hinesville-Fort Stewart          Hinesville-Fort Stewart, GA HUD Metro FMR Area Development Authority of Cobb County
                                                                                 Y                                                                                    Canton         Cherokee    Canton City
Lincoln      Middle    Lincoln Co.       Non-MSA        Lincoln County, GA       N                     Development Authority of Columbia County                       Carl           Barrow      Carl Town
Long         South     Long Co.          MSA            Long County, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Columbus, Georgia                     Carlton        Madison     Carlton City
Lowndes      South     Valdosta          MSA            Valdosta, GA MSA         Y                     Development Authority of Conyers, Georgia                      Carnesville    Franklin    Carnesville City
Lumpkin      North     Lumpkin Co. Non-MSA              Lumpkin County, GA N                           Development Authority of Coweta County                         Carrollton     Carroll     Carrollton City
Macon        Middle    Macon Co.         Non-MSA        Macon County, GA         N                     Development Authority of Crawford County                       Cartersville   Bartow      Cartersville City
Madison      Middle    Athens-Clarke Co. MSA            Athens-Clarke County, GA MSA
                                                                                 Y                     Development Authority of Crisp County                          Cave Spring    Floyd       Cave Spring City
Marion       Middle    Columbus          MSA            Columbus, GA-AL MSA Y                          Development Authority of Dawson County                         Cecil          Cook        Cecil City
McDuffie     Middle                      MSA
                       Augusta-Richmond Co.             Augusta-Richmond County, GA-SC MSA
                                                                                 Y                     Development Authority of DeKalb County                         Cedartown      Polk        Cedartown City
McIntosh     South     Brunswick         MSA            Brunswick, GA MSA Y                            Development Authority of Dougherty County                      Centerville    Houston     Centerville Town
Meriwether   Middle    Meriwether Co. MSA                                        HUD
                                                        Meriwether County, GA Y Metro FMR Area Development Authority of Douglas County                                Centralhatchee Heard       Centralhatchee Town
Miller       South     Miller Co.        Non-MSA        Miller County, GA        N                     Development Authority of Early County                          Chamblee       DeKalb      Chamblee City
Mitchell     South     Mitchell Co.      Non-MSA        Mitchell County, GA N                          Development Authority of Effingham County                      Chatsworth     Murray      Chatsworth City
Monroe       Middle    Monroe Co.        MSA            Monroe County, GA HUD Metro FMR Area
                                                                                 Y                                                                                                   Fulton
                                                                                                       Development Authority of Elbert County, Elberton and Bowman Chattahoochee Hill Country    Chattahoochee Hills City
Montgomery   South     Montgomery Co.Non-MSA            Montgomery County, GA    N                     Development Authority of Emanuel County                                       Walker
                                                                                                                                                                      Chattanooga Valley         Census Designated Place
Morgan       Middle    Morgan Co.        Non-MSA        Morgan County, GA N                                                                                           Chauncey
                                                                                                       Development Authority of Emanuel County and the City of Swainsboro            Dodge       Chauncey City
Murray       North     Murray Co.        MSA            Murray County, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Fairburn                              Chester        Dodge       Chester Town
Muscogee     Middle    Columbus          MSA            Columbus, GA-AL MSA Y                          Development Authority of Floyd County                          Chickamauga Walker         Chickamauga City
Newton       Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Forsyth County                        Clarkesville   Habersham   Clarkesville City
Oconee       Middle    Athens-Clarke Co. MSA            Athens-Clarke County, GA MSA
                                                                                 Y                     Development Authority of Fulton County                         Clarkston      DeKalb      Clarkston City
Oglethorpe   Middle    Athens-Clarke Co. MSA            Athens-Clarke County, GA MSA
                                                                                 Y                     Development Authority of Gordon County                         Claxton        Evans       Claxton City
Paulding     North                       MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Gwinnett County                       Clayton        Rabun       Clayton City
Peach        Middle    Peach Co.         Non-MSA        Peach County, GA         N                     Development Authority of Haralson County                       Clermont       Hall        Clermont Town
Pickens      North                       MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Harris County                         Cleveland      White       Cleveland City
Pierce       South     Pierce Co.        Non-MSA        Pierce County, GA        N                     Development Authority of Heard County                          Climax         Decatur     Climax City
Pike         Middle                      MSA
                       Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                 Y                     Development Authority of Houston County                        Cobbtown       Tattnall    Cobbtown City

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     Georgia Department of Community Affairs                                                                                            2012 Funding Application                                                                                   Office of Affordable Housing
                                                PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

Polk                North               Polk Co.          Non-MSA        Polk County, GA       N                       Development Authority of Jasper County                            Cochran         Bleckley        Cochran City
Pulaski             South               Pulaski Co.       Non-MSA        Pulaski County, GA    N                       Development Authority of Jefferson County                         Cohutta         Whitfield       Cohutta City
Putnam              Middle              Putnam Co.        Non-MSA        Putnam County, GA N                           Development Authority of Jefferson, Georgia                       Colbert         Madison         Colbert City
Quitman             South               Quitman Co. Non-MSA              Quitman County, GA N                          Development Authority of Jenkins County                           Coleman         Randolph        Defunct city govt
Rabun               North               Rabun Co.         Non-MSA        Rabun County, GA      N                       Development Authority of Johnson County, Georgia                  College Park Fulton             College Park City
Randolph            South               Randolph Co. Non-MSA             Randolph County, GA N                         Development Authority of Jones County                             Collins         Tattnall        Collins City
Richmond            Middle                                MSA
                                        Augusta-Richmond Co.             Augusta-Richmond County, GA-SC MSA
                                                                                               Y                       Development Authority of LaFayette                                Colquitt        Miller          Colquitt City
Rockdale            Middle                                MSA
                                        Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                               Y                       Development Authority of LaGrange                                 Columbus        Muscogee        Defunct city govt
Schley              Middle              Schley Co.        Non-MSA        Schley County, GA     N                       Development Authority of Lanier County                            Comer           Madison         Comer City
Screven             South               Screven Co.       Non-MSA        Screven County, GA N                          Development Authority of Lawrenceville, GA                        Commerce        Jackson         Commerce City
Select City first   Select City first   Select City first                                                              Development Authority of Lee County                               Concord         Pike            Concord City
Seminole            South               Seminole Co. Non-MSA             Seminole County, GA N                         Development Authority of Lumpkin County                           Conley          Clayton         Census Designated Place
Spalding            Middle                                MSA
                                        Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                               Y                       Development Authority of Macon County                             Conyers         Rockdale        Conyers City
Stephens            North               Stephens Co. Non-MSA             Stephens County, GA N                         Development Authority of McDuffie County                          Coolidge        Thomas          Coolidge City
Stewart             South               Stewart Co.       Non-MSA        Stewart County, GA N                                                                                            C
                                                                                                                       Development Authority of McDuffie County and the City of Thomson ordele           Crisp           Cordele City
Sumter              South               Sumter Co.        Non-MSA        Sumter County, GA     N                       Development Authority of Mitchell County                          Corinth         Heard           Defunct city govt
Talbot              Middle              Talbot Co.        Non-MSA        Talbot County, GA     N                       Development Authority of Monroe County                            Cornelia        Habersham       Cornelia City
Taliaferro          Middle              Taliaferro Co. Non-MSA           Taliaferro County, GA N                       Development Authority of Morgan County                                            Bulloch
                                                                                                                                                                                         Country Club Estates            Census Designated Place
Tattnall            South               Tattnall Co.      Non-MSA        Tattnall County, GA   N                       Development Authority of Palmetto                                 Covington       Newton          Covington City
Taylor              Middle              Taylor Co.        Non-MSA        Taylor County, GA     N                       Development Authority of Peach County                             Crawford        Oglethorpe      Crawford City
Telfair             South               Telfair Co.       Non-MSA        Telfair County, GA    N                       Development Authority of Peachtree City                           Crawfordville Taliaferro        Crawfordville City
Terrell             South               Albany            MSA            Albany, GA MSA        Y                       Development Authority of Pike County                              Culloden        Monroe          Culloden City
Thomas              South               Thomas Co.        Non-MSA        Thomas County, GA N                           Development Authority of Polk County                              Cumming         Forsyth         Cumming City
Tift                South               Tift Co.          Non-MSA        Tift County, GA       N                       Development Authority of Rabun County                             Cusseta         Chattahoochee   Defunct city govt
Toombs              South               Toombs Co.        Non-MSA        Toombs County, GA N                           Development Authority of Richmond County                          Cuthbert        Randolph        Cuthbert City
Towns               North               Towns Co.         Non-MSA        Towns County, GA      N                       Development Authority of Rockdale County                          Dacula          Gwinnett        Dacula City
Treutlen            South               Treutlen Co.      Non-MSA        Treutlen County, GA N                         Development Authority of Screven County                           Dahlonega       Lumpkin         Dahlonega City
Troup               Middle              Troup Co.         Non-MSA        Troup County, GA      N                       Development Authority of Seminole County and Donalsonville        Daisy           Evans           Daisy City
Turner              South               Turner Co.        Non-MSA        Turner County, GA     N                       Development Authority of St. Marys                                Dallas          Paulding        Dallas City
Twiggs              Middle              Macon             MSA            Macon, GA MSA         Y                       Development Authority of Talbot County                            Dalton          Whitfield       Dalton City
Union               North               Union Co.         Non-MSA        Union County, GA      N                       Development Authority of Telfair County                           Damascus        Early           Damascus City
Upson               Middle              Upson Co.         Non-MSA        Upson County, GA      N                       Development Authority of the City of Americus                     Danielsville    Madison         Danielsville City
Walker              North               Chattanooga MSA                  Chattanooga, TN-GA MSAY                       Development Authority of the City of Bowdon                       Danville        Wilkinson       Danville Town
Walton              Middle                                MSA
                                        Atlanta-Sandy Springs-Marietta   Atlanta-Sandy Springs-Marietta, GA HUD Metro FMR Area
                                                                                               Y                       Development Authority of the City of Dalton                       Darien          McIntosh        Darien City
Ware                South               Ware Co.          Non-MSA        Ware County, GA       N                       Development Authority of the City of Folkston and Charlton CountyDasher           Lowndes         Dasher City
Warren              Middle              Warren Co.        Non-MSA        Warren County, GA     N                       Development Authority of the City of Homeland                     Davisboro       Washington      Davisboro City
Washington          South               Washington Co. Non-MSA           Washington County, GAN                        Development Authority of the City of Jasper                       Dawson          Terrell         Dawson City
Wayne               South               Wayne Co.         Non-MSA        Wayne County, GA      N                                                                                         Dawsonville
                                                                                                                       Development Authority of the City of Jeffersonville and Twiggs County             Dawson          Dawsonville City
Webster             South               Webster Co.       Non-MSA        Webster County, GA N                          Development Authority of the City of Marietta                     De Soto         Sumter          De Soto City
Wheeler             South               Wheeler Co.       Non-MSA        Wheeler County, GA N                                                                                            Dearing
                                                                                                                       Development Authority of the City of Milledgeville and Baldwin County             McDuffie        Dearing Town
White               North               White Co.         Non-MSA        White County, GA      N                       Development Authority of the City of Newnan                       Decatur         DeKalb          Decatur City
Whitfield           North               Dalton            MSA            Dalton, GA HUD Metro FMR Area
                                                                                               Y                       Development Authority of the City of Oakwood                      Deenwood        Ware            Census Designated Place
Wilcox              South               Wilcox Co.        Non-MSA        Wilcox County, GA     N                       Development Authority of the City of Roswell                      Deepstep        Washington      Deepstep Town
Wilkes              Middle              Wilkes Co.        Non-MSA        Wilkes County, GA     N                       Development Authority of the City of Vienna                       Demorest        Habersham       Demorest City
Wilkinson           Middle              Wilkinson Co. Non-MSA            Wilkinson County, GA N                                                                                                          Jeff
                                                                                                                       Development Authority of the Unified Government of Athens-ClarkeDenton Georgia Davis
                                                                                                                                                                                          County,                        Denton City
Worth               South               Albany            MSA            Albany, GA MSA        Y                       Development Authority of Tift County                              Dexter          Laurens         Dexter Town
                                                                                                                       Development Authority of Union County                             Dillard         Rabun           Dillard City
                                                                                                                       Development Authority of Vidalia                                  Dock Junction Glynn             Census Designated Place
                                                                                                                       Development Authority of Walton County                            Doerun          Colquitt        Doerun City
                                                                                                                       Development Authority of Warner Robins                            Donalsonville Seminole          Donalsonville City
                                                                                                                       Development Authority of Warren County                            Dooling         Dooly           Dooling Town
                                                                                                                       Development Authority of Washington County                        Doraville       DeKalb          Doraville City
                                                                                                                       Development Authority of Wheeler County                           Douglas         Coffee          Douglas City

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Development Authority of White County                            Douglasville     Douglas      Douglasville City
                                                                            Development Authority of Whitfield County                        Druid Hills      DeKalb       Census Designated Place
                                                                            Development Authority of Wilkinson County                        Dublin           Laurens      Dublin City
                                                                            Downtown Athens Development Authority                            Dudley           Laurens      Dudley City
                                                                            Downtown Camilla Development Authority                           Duluth           Gwinnett     Duluth City
                                                                            Downtown Dalton Development Authority                            Dunwoody         DeKalb       Dunwoody City
                                                                            Downtown Development Authority for the City of Garden City       DuPont           Clinch       DuPont Town
                                                                            Downtown Development Authority for the City of Hahira, Georgia   East Dublin      Laurens      East Dublin City
                                                                            Downtown Development Authority for the City of Savannah          East Ellijay     Gilmer       East Ellijay City
                                                                            Downtown Development Authority for the City of Warner Robins     East Griffin     Spalding     Census Designated Place
                                                                            Downtown Development Authority of Adel, Georgia                  East Newnan Coweta            Census Designated Place
                                                                            Downtown Development Authority of Albany, Georgia                East Point       Fulton       East Point City
                                                                            Downtown Development Authority of Augusta-Richmond County        Eastman          Dodge        Eastman City
                                                                            Downtown Development Authority of Austell                        Eatonton         Putnam       Eatonton City
                                                                            Downtown Development Authority of Avondale Estates               Edgehill         Glascock     Edgehill City
                                                                            Downtown Development Authority of Barnesville                    Edison           Calhoun      Edison City
                                                                            Downtown Development Authority of Baxley                         Elberton         Elbert       Elberton City
                                                                            Downtown Development Authority of Bremen                         Ellaville        Schley       Ellaville City
                                                                            Downtown Development Authority of Brunswick                      Ellenton         Colquitt     Ellenton City
                                                                            Downtown Development Authority of Centerville                    Ellijay          Gilmer       Ellijay City
                                                                            Downtown Development Authority of Chatsworth                     Emerson          Bartow       Emerson City
                                                                            Downtown Development Authority of Columbus, Georgia              Enigma           Berrien      Enigma City
                                                                            Downtown Development Authority of Cordele                        Ephesus          Heard        Ephesus City
                                                                            Downtown Development Authority of Cuthbert, Georgia              Eton             Murray       Eton City
                                                                            Downtown Development Authority of Douglas                        Euharlee         Bartow       Euharlee City
                                                                            Downtown Development Authority of Fairburn                       Evans            Columbia     Census Designated Place
                                                                            Downtown Development Authority of Fitzgerald                     Experiment       Spalding     Census Designated Place
                                                                            Downtown Development Authority of Forsyth                        Fair Oaks        Cobb         Census Designated Place
                                                                            Downtown Development Authority of Fort Gaines, Georgia           Fairburn         Fulton       Fairburn City
                                                                            Downtown Development Authority of Hampton                        Fairmount        Gordon       Fairmount City
                                                                            Downtown Development Authority of Hartwell, Georgia              Fairview         Walker       Census Designated Place
                                                                            Downtown Development Authority of Hinesville, Georgia            Fargo            Clinch       Fargo City
                                                                            Downtown Development Authority of Holly Springs                  Fayetteville     Fayette      Fayetteville City
                                                                            Downtown Development Authority of Lawrenceville, GA              Fitzgerald       Ben Hill     Fitzgerald City
                                                                            Downtown Development Authority of Madison                        Flemington       Liberty      Flemington City
                                                                            Downtown Development Authority of Maysville                      Flovilla         Butts        Flovilla City
                                                                            Downtown Development Authority of Millen, Georgia                Flowery Branch Hall           Flowery Branch City
                                                                            Downtown Development Authority of Monticello, Georgia            Folkston         Charlton     Folkston City
                                                                            Downtown Development Authority of Moultrie                       Forest Park      Clayton      Forest Park City
                                                                            Downtown Development Authority of Pitts, Georgia                 Forsyth          Monroe       Forsyth City
                                                                            Downtown Development Authority of Smyrna                         Fort Gaines      Clay         Fort Gaines City
                                                                            Downtown Development Authority of Snellville, Georgia            Fort Oglethorpe Catoosa       Fort Oglethorpe City
                                                                            Downtown Development Authority of Social Circle                  Fort Stewart     Liberty      Census Designated Place
                                                                            Downtown Development Authority of the City of Atlanta            Fort Valley      Peach        Fort Valley City
                                                                            Downtown Development Authority of the City of Baconton           Franklin         Heard        Franklin City
                                                                            Downtown Development Authority of the City of Buford             Franklin Springs Franklin     Franklin Springs City
                                                                            Downtown Development Authority of the City of Canton, Georgia    Funston          Colquitt     Funston City
                                                                            Downtown Development Authority of the City of Dallas, Georgia    Gainesville      Hall         Gainesville City
                                                                            Downtown Development Authority of the City of Darien             Garden City      Chatham      Garden City
                                                                            Downtown Development Authority of the City of Dawson             Garfield         Emanuel      Garfield City
                                                                            Downtown Development Authority of the City of Decatur            Gay              Meriwether   Gay Town
                                                                            Downtown Development Authority of the City of Douglasville       Geneva           Talbot       Geneva Town
                                                                            Downtown Development Authority of the City of Greensboro         Georgetown       Quitman      Defunct city govt

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Downtown Development Authority of the City of Jackson           Gibson           Glascock     Gibson City
                                                                            Downtown Development Authority of the City of LaFayette         Gillsville       Hall         Gillsville City
                                                                            Downtown Development Authority of the City of LaGrange          Girard           Burke        Girard Town
                                                                            Downtown Development Authority of the City of Locust Grove      Glennville       Tattnall     Glennville City
                                                                            Downtown Development Authority of the City of Monroe            Glenwood         Wheeler      Glenwood City
                                                                            Downtown Development Authority of the City of Morrow, Georgia Good Hope          Walton       Good Hope City
                                                                            Downtown Development Authority of the City of Newnan, Georgia Gordon             Wilkinson    Gordon City
                                                                            Downtown Development Authority of the City of Norcross          Graham           Appling      Graham City
                                                                            Downtown Development Authority of the City of Perry             Grantville       Coweta       Grantville City
                                                                            Downtown Development Authority of the City of Richland, Georgia Gray             Jones        Gray City
                                                                            Downtown Development Authority of the City of Rome              Grayson          Gwinnett     Grayson City
                                                                            Downtown Development Authority of the City of Rossville         Greensboro       Greene       Greensboro City
                                                                            Downtown Development Authority of the City of Roswell           Greenville       Meriwether   Greenville City
                                                                            Downtown Development Authority of the City of Royston           Gresham Park     DeKalb       Census Designated Place
                                                                            Downtown Development Authority of the City of Senoia            Griffin          Spalding     Griffin City
                                                                            Downtown Development Authority of the City of Smithville        Grovetown        Columbia     Grovetown City
                                                                            Downtown Development Authority of the City of Tallapoosa        Gum Branch       Liberty      Gum Branch City
                                                                            Downtown Development Authority of the City of Thomson           Gumlog           Towns        Census Designated Place
                                                                            Downtown Development Authority of the City of Tifton            Guyton           Effingham    Guyton City
                                                                            Downtown Development Authority of the City of Unadilla          Hagan            Evans        Hagan City
                                                                            Downtown Development Authority of the City of Vienna            Hahira           Lowndes      Hahira City
                                                                            Downtown Development Authority of the City of Warrenton         Hamilton         Harris       Hamilton City
                                                                            Downtown Development Authority of the City of Warwick           Hampton          Henry        Hampton City
                                                                            Downtown Development Authority of the City of Zebulon           Hannahs Mill     Upson        Census Designated Place
                                                                            Downtown Development Authority of the Mayor and City Council ofHapeville
                                                                                                                                             Americus        Fulton       Hapeville City
                                                                            Downtown Development Authority of Toccoa                        Haralson         Coweta       Haralson Town
                                                                            Downtown Development Authority of Woodbury                      Harlem           Columbia     Harlem City
                                                                            Downtown Development Authority of Woodstock                     Harrison         Washington   Harrison Town
                                                                            Downtown Development Authority, City of Forest Park             Hartwell         Hart         Hartwell City
                                                                            Downtown LaGrange Development Authority                         Hawkinsville     Pulaski      Hawkinsville City
                                                                            Downtown Marietta Development Authority                         Hazlehurst       Jeff Davis   Hazlehurst City
                                                                            Downtown Savannah Authority                                     Helen            White        Helen City
                                                                            Downtown Statesboro Development Authority                       Helena           Telfair      Helena City
                                                                            Downtown Waycross Development Authority                         Hephzibah        Richmond     Hephzibah City
                                                                            Dublin-Laurens County Development Authority                     Hiawassee        Towns        Hiawassee City
                                                                            Elbert County Richard B. Russell Development Authority          Higgston         Montgomery   Higgston Town
                                                                                                                                            Hilltop
                                                                            Elberton Downtown Development Authority d/b/a MainStreet Elberton                Pike         Census Designated Place
                                                                            Emanuel County Development Authority                            Hiltonia         Screven      Hiltonia City
                                                                            Emanuel-Johnson County Development Authority                    Hinesville       Liberty      Hinesville City
                                                                            Etowah Area Consolidated Housing Authority                      Hiram            Paulding     Hiram City
                                                                            Fairburn Housing Authority                                      Hoboken          Brantley     Hoboken City
                                                                            Fall Line Regional Development Authority                        Hogansville      Troup        Hogansville City
                                                                            Fayette County Development Authority                            Holly Springs    Cherokee     Holly Springs City
                                                                            Fitzgerald/Ben Hill County Development Authority                Homeland         Charlton     Homeland City
                                                                            Flint Area Consolidated Housing Authority                       Homer            Banks        Homer Town
                                                                            Fort Oglethorpe Downtown Development Authority                  Homerville       Clinch       Homerville City
                                                                            Fort Valley Downtown Development Authority                      Hoschton         Jackson      Hoschton City
                                                                            Fulton County/City of Atlanta Land Bank Authority, Inc.         Hull             Madison      Hull Town
                                                                            Gainesville and Hall County Development Authority               Ideal            Macon        Ideal City
                                                                            Gainesville Redevelopment Authority                             Ila              Madison      Ila City
                                                                            Georgia Bioscience Joint Development Authority                  Indian Springs   Catoosa      Census Designated Place
                                                                            Gibson Housing Authority                                        Iron City        Seminole     Iron City
                                                                            Glennville Development Authority                                Irondale         Clayton      Census Designated Place

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Glennville Downtown Development Authority            Irwinton       Wilkinson    Irwinton City
                                                                            Gordon County - Floyd County Development Authority   Isle of Hope   Chatham      Census Designated Place
                                                                            Gordon Downtown Development Authority                Ivey           Wilkinson    Ivey City
                                                                            Grady County Joint Development Authority             Jackson        Butts        Jackson City
                                                                            Greene County Development Authority                  Jacksonville   Telfair      Jacksonville City
                                                                            Griffin-Spalding County Development Authority        Jakin          Early        Jakin City
                                                                            Habersham County Development Authority               Jasper         Pickens      Jasper City
                                                                            Hapeville Development Authority                      Jefferson      Jackson      Jefferson City
                                                                            Hawkinsville Downtown Development Authority          Jeffersonville Twiggs       Jeffersonville City
                                                                            Hawkinsville Housing Authority                       Jenkinsburg    Butts        Jenkinsburg Town
                                                                            Hazlehurst Downtown Development Authority            Jersey         Walton       Jersey City
                                                                            Henry County Development Authority                   Jesup          Wayne        Jesup City
                                                                            Hogansville Development Authority                    Johns Creek    Fulton       Johns Creek City
                                                                            Housing Authority City of Sylvester, GA              Jonesboro      Clayton      Jonesboro City
                                                                            Housing Authority of City of Carrollton              Junction City Talbot        Junction City
                                                                            Housing Authority of City of Danielsville            Kennesaw       Cobb         Kennesaw City
                                                                            Housing Authority of Clayton County                  Keysville      Burke        Keysville City
                                                                            Housing Authority of Cobb County                     Kings Bay Base Camden       Census Designated Place
                                                                            Housing Authority of Columbus, Georgia               Kingsland      Camden       Kingsland City
                                                                            Housing Authority of Fulton County                   Kingston       Bartow       Kingston City
                                                                            Housing Authority of Gwinnett County                 Kite           Johnson      Kite City
                                                                            Housing Authority of Lee County                      LaFayette      Walker       LaFayette City
                                                                            Housing Authority of Savannah                        LaGrange       Troup        LaGrange City
                                                                            Housing Authority of Screven County                  Lake City      Clayton      Lake City
                                                                            Housing Authority of the City of Acworth             Lake Park      Lowndes      Lake Park City
                                                                            Housing Authority of the City of Adel, Georgia       Lakeland       Lanier       Lakeland City
                                                                            Housing Authority of the City of Alamo               Lakeview       Catoosa      Census Designated Place
                                                                            Housing Authority of the City of Albany                             Rockdale
                                                                                                                                 Lakeview Estates            Census Designated Place
                                                                            Housing Authority of the City of Ashburn             Lavonia        Franklin     Lavonia City
                                                                            Housing Authority of the City of Athens, Georgia     Lawrenceville Gwinnett      Lawrenceville City
                                                                            Housing Authority of the City of Augusta, Georgia    Leary          Calhoun      Leary City
                                                                            Housing Authority of the City of Bainbridge          Leesburg       Lee          Leesburg City
                                                                            Housing Authority of the City of Baxley              Lenox          Cook         Lenox Town
                                                                            Housing Authority of the City of Blackshear          Leslie         Sumter       Leslie City
                                                                            Housing Authority of the City of Blakely, Georgia    Lexington      Oglethorpe   Lexington City
                                                                            Housing Authority of the City of Buford, Georgia     Lilburn        Gwinnett     Lilburn City
                                                                            Housing Authority of the City of Cairo, Georgia      Lilly          Dooly        Lilly City
                                                                            Housing Authority of the City of Calhoun             Lincoln Park   Upson        Census Designated Place
                                                                            Housing Authority of the City of Camilla             Lincolnton     Lincoln      Lincolnton City
                                                                            Housing Authority of the City of Canton              Linwood        Walker       Defunct city govt
                                                                            Housing Authority of the City of Cave Spring         Lithia Springs Douglas      Defunct city govt
                                                                            Housing Authority of the City of Cedartown, Ga.      Lithonia       DeKalb       Lithonia City
                                                                            Housing Authority of the City of Clarkesville, Ga.   Locust Grove Henry          Locust Grove City
                                                                            Housing Authority of the City of Clarkston           Loganville     Walton       Loganville City
                                                                            Housing Authority of the City of Clayton, Georgia    Lone Oak       Meriwether   Lone Oak Town
                                                                            Housing Authority of the City of Cleveland, Ga.                     W
                                                                                                                                 Lookout Mountain alker      Lookout Mountain City
                                                                            Housing Authority of the City of College Park        Louisville     Jefferson    Louisville City
                                                                            Housing Authority of the City of Colquitt            Lovejoy        Clayton      Lovejoy City
                                                                            Housing Authority of the City of Conyers             Ludowici       Long         Ludowici City
                                                                            Housing Authority of the City of Cornelia, Ga.       Lula           Hall         Lula City
                                                                            Housing Authority of the City of Covington           Lumber City    Telfair      Lumber City
                                                                            Housing Authority of the City of Crawfordville       Lumpkin        Stewart      Lumpkin City
                                                                            Housing Authority of the City of Cumming             Luthersville   Meriwether   Luthersville Town

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Housing Authority of the City of Cuthbert, GA               Lyerly        Chattooga    Lyerly Town
                                                                            Housing Authority of the City of Dahlonega                  Lyons         Toombs       Lyons City
                                                                            Housing Authority of the City of Dawson                     Mableton      Cobb         Census Designated Place
                                                                            Housing Authority of the City of Decatur, Georgia           Macon         Bibb         Macon City
                                                                            Housing Authority of the City of Doerun, Georgia            Madison       Morgan       Madison City
                                                                            Housing Authority of the City of Dublin, Georgia            Manassas      Tattnall     Manassas City
                                                                            Housing Authority of the City of East Point, Georgia        Manchester    Meriwether   Manchester City
                                                                            Housing Authority of the City of Eastman                    Mansfield     Newton       Mansfield City
                                                                            Housing Authority of the City of Eatonton                   Marietta      Cobb         Marietta City
                                                                            Housing Authority of the City of Edison, GA.                Marshallville Macon        Marshallville City
                                                                            Housing Authority of the City of Ellaville                  Martin        Stephens     Martin Town
                                                                            Housing Authority of the City of Ellijay, Georgia           Martinez      Columbia     Census Designated Place
                                                                            Housing Authority of the City of Fitzgerald                 Maxeys        Oglethorpe   Maxeys Town
                                                                            Housing Authority of the City of Forsyth                    Maysville     Banks        Maysville Town
                                                                            Housing Authority of the City of Fort Gaines                McCaysville   Fannin       McCaysville City
                                                                            Housing Authority of the City of Fort Oglethorpe, Georgia   McDonough     Henry        McDonough City
                                                                            Housing Authority of the City of Fort Valley                McIntyre      Wilkinson    McIntyre Town
                                                                            Housing Authority of the City of Gainesville                McRae         Telfair      McRae City
                                                                            Housing Authority of the City of Glennville                 Meansville    Pike         Meansville City
                                                                            Housing Authority of the City of Glenwood                   Meigs         Thomas       Meigs City
                                                                            Housing Authority of the City of Grantville                 Menlo         Chattooga    Menlo City
                                                                            Housing Authority of the City of Greensboro, Georgia        Metter        Candler      Metter City
                                                                            Housing Authority of the City of Griffin                    Midville      Burke        Midville City
                                                                            Housing Authority of the City of Hahira, Georgia            Midway        Liberty      Midway City
                                                                            Housing Authority of the City of Hampton, Georgia           Milan         Telfair      Milan City
                                                                            Housing Authority of the City of Harlem, Georgia            Milledgeville Baldwin      Milledgeville City
                                                                            Housing Authority of the City of Hartwell                   Millen        Jenkins      Millen City
                                                                            Housing Authority of the City of Hinesville, Ga             Milner        Lamar        Milner City
                                                                            Housing Authority of the City of Hogansville                Milton        Fulton       Milton City
                                                                            Housing Authority of the City of Jasper                     Mineral Bluff Fannin       Defunct city govt
                                                                            Housing Authority of the City of Jefferson                  Mitchell      Glascock     Mitchell Town
                                                                            Housing Authority of the City of Jesup                      Molena        Pike         Molena City
                                                                            Housing Authority of the City of Lakeland, Georgia          Monroe        Walton       Monroe City
                                                                            Housing Authority of the City of Lavonia                    Montezuma     Macon        Montezuma City
                                                                            Housing Authority of the City of Lawrenceville, GA          Montgomery    Chatham      Census Designated Place
                                                                            Housing Authority of the City of Lithonia, Georgia          Monticello    Jasper       Monticello City
                                                                            Housing Authority of the City of Loganville, GA             Montrose      Laurens      Montrose Town
                                                                            Housing Authority of the City of Louisville                 Moody AFB     Lowndes      Census Designated Place
                                                                            Housing Authority of the City of Macon, Georgia             Moreland      Coweta       Moreland Town
                                                                            Housing Authority of the City of Madison, GA                Morgan        Calhoun      Morgan City
                                                                            Housing Authority of the City of Marietta                   Morganton     Fannin       Morganton City
                                                                            Housing Authority of the City of McDonough                  Morrow        Clayton      Morrow City
                                                                            Housing Authority of the City of Menlo, Georgia             Morven        Brooks       Morven City
                                                                            Housing Authority of the City of Metter                     Moultrie      Colquitt     Moultrie City
                                                                            Housing Authority of the City of Milledgeville and Sparta   Mount Airy    Habersham    Mount Airy Town
                                                                            Housing Authority of the City of Millen                     Mount Vernon Montgomery    Mount Vernon City
                                                                            Housing Authority of the City of Monroe, GA                 Mount Zion    Carroll      Mount Zion City
                                                                            Housing Authority of the City of Monticello                 Mountain City Rabun        Mountain City
                                                                            Housing Authority of the City of Moultrie, Georgia          Mountain Park Fulton       Mountain Park City
                                                                            Housing Authority of the City of Mt. Vernon                 Mountain Park Fulton       Census Designated Place
                                                                            Housing Authority of the City of Nahunta                    Nahunta       Brantley     Nahunta City
                                                                            Housing Authority of the City of Nashville, Georgia         Nashville     Berrien      Nashville City
                                                                            Housing Authority of the City of Oakwood, Georgia           Naylor        Lowndes      Defunct city govt

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Housing Authority of the City of Ocilla, Ga                         Nelson            Pickens      Nelson City
                                                                            Housing Authority of the City of Pearson, Georgia                   Newborn           Newton       Newborn Town
                                                                            Housing Authority of the City of Perry, Georgia                     Newington         Screven      Newington Town
                                                                            Housing Authority of the City of Quitman                            Newnan            Coweta       Newnan City
                                                                            Housing Authority of the City of Ringgold                           Newton            Baker        Newton City
                                                                            Housing Authority of the City of Roberta, GA.                       Nicholls          Coffee       Nicholls City
                                                                            Housing Authority of the City of Roswell                            Nicholson         Jackson      Nicholson Town
                                                                            Housing Authority of the City of Royston                            Norcross          Gwinnett     Norcross City
                                                                            Housing Authority of the City of Sandersville                       Norman Park Colquitt           Norman Park City
                                                                            Housing Authority of the City of Senoia                             North Atlanta DeKalb           Census Designated Place
                                                                            Housing Authority of the City of Shellman                           North Decatur DeKalb           Census Designated Place
                                                                            Housing Authority of the City of Social Circle, GA                  North Druid Hills DeKalb       Census Designated Place
                                                                            Housing Authority of the City of Soperton                           North High Shoals Oconee       North High Shoals Town
                                                                            Housing Authority of the City of Statesboro                         Norwood           Warren       Norwood City
                                                                            Housing Authority of the City of Summerville                        Nunez             Emanuel      Nunez City
                                                                            Housing Authority of the City of Swainsboro                         Oak Park          Emanuel      Oak Park Town
                                                                            Housing Authority of the City of Sylvania                           Oakwood           Hall         Oakwood City
                                                                            Housing Authority of the City of Tallapoosa, Georgia                Ochlocknee        Thomas       Ochlocknee Town
                                                                            Housing Authority of the City of Thomaston                          Ocilla            Irwin        Ocilla City
                                                                            Housing Authority of the City of Thomasville, Georgia               Oconee            Washington   Oconee City
                                                                            Housing Authority of the City of Thomson, Georgia                   Odum              Wayne        Odum City
                                                                            Housing Authority of the City of Tifton, Georgia                    Offerman          Pierce       Offerman City
                                                                            Housing Authority of the City of Toccoa, Ga.                        Oglethorpe        Macon        Oglethorpe City
                                                                            Housing Authority of the City of Vidalia                            Oliver            Screven      Oliver City
                                                                            Housing Authority of the City of Vienna                             Omaha             Stewart      Defunct city govt
                                                                            Housing Authority of the City of Warner Robins, Georgia             Omega             Tift         Omega City
                                                                            Housing Authority of the City of Warrenton                          Orchard Hill      Spalding     Orchard Hill Town
                                                                            Housing Authority of the City of Waycross                           Oxford            Newton       Oxford City
                                                                            Housing Authority of the City of Waynesboro                         Palmetto          Fulton       Palmetto City
                                                                            Housing Authority of the City of West Point                         Panthersville DeKalb           Census Designated Place
                                                                            Housing Authority of the City of Winder                             Parrott           Terrell      Parrott Town
                                                                            Housing Authority of the City of Woodbury, Georgia                  Patterson         Pierce       Patterson City
                                                                            Housing Authority of the City of Wrightsville                       Pavo              Thomas       Pavo City
                                                                            Housing Authority of the County of Atkinson, Georgia                Payne City        Bibb         Payne City
                                                                            Housing Authority of the County of DeKalb, Georgia                  Peachtree City Fayette         Peachtree City
                                                                            Housing Authority of the County of Harris                           Pearson           Atkinson     Pearson City
                                                                            Housing Authority of the County of Houston, Georgia                 Pelham            Mitchell     Pelham City
                                                                            Housing Authority of the Town of Homer, Ga.                         Pembroke          Bryan        Pembroke City
                                                                            Houston County Development Authority                                Pendergrass Jackson            Pendergrass Town          CDP Name        CDP County   CDP
                                                                            Ideal Downtown Development Authority                                Perry             Houston      Perry City                Belvedere Park DeKalb        Census Designated Place
                                                                            Jackson Housing Authority                                           Phillipsburg      Tift         Census Designated Place   Blacksville     Henry        Census Designated Place
                                                                            Jenkins County Development Authority                                Pine Lake         DeKalb       Pine Lake City            Bonanza         Clayton      Census Designated Place
                                                                                                                                                Pine Mountain Harris
                                                                            Joint Development Authority of Baker, Dougherty, Terrell, and Lee Counties                         Pine Mountain Town        Candler-McAfee               Census Designated Place
                                                                            Joint Development Authority of Bartow County and Pickens CountyPinehurst              Dooly        Pinehurst City                            Walker
                                                                                                                                                                                                         Chattanooga Valley           Census Designated Place
                                                                                                                                                Pineview
                                                                            Joint Development Authority of Brooks, Colquitt, Grady, Mitchell, and Thomas Counties Wilcox       Pineview Town             Conley          Clayton      Census Designated Place
                                                                            Joint Development Authority of Burke County and City of Waynesboro  Pitts             Wilcox       Pitts City                                Bulloch
                                                                                                                                                                                                         Country Club Estates         Census Designated Place
                                                                                                                                                Plains
                                                                            Joint Development Authority of Carroll, Haralson, Polk, Heard and Troup Counties Sumter            Plains City               Deenwood        Ware         Census Designated Place
                                                                                                                                                Plainville
                                                                            Joint Development Authority of Fannin County, Towns County and Union County Gordon                 Plainville City           Dock Junction Glynn          Census Designated Place
                                                                            Joint Development Authority of Franklin, Hart and Stephens Counties Pooler            Chatham      Pooler City               Druid Hills     DeKalb       Census Designated Place
                                                                            Joint Development Authority of Hazlehurst, Lumber City and TelfairPort Wentworth Chatham
                                                                                                                                                County                         Port Wentworth City       East Griffin    Spalding     Census Designated Place
                                                                                                                                                Portal
                                                                            Joint Development Authority of Jasper, Morgan, Newton, and Walton Counties            Bulloch      Portal Town               East Newnan Coweta           Census Designated Place
                                                                                                                                                Porterdale
                                                                            Joint Development Authority of Jeff Davis County, Hazlehurst and Denton, Georgia Newton            Porterdale Town           Evans           Columbia     Census Designated Place
                                                                            Joint Development Authority of Metropolitan Atlanta                 Poulan            Worth        Poulan City               Experiment      Spalding     Census Designated Place

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Joint Development Authority of Northeast Georgia                Powder Springs Cobb                  Powder Springs City       Fair Oaks         Cobb        Census Designated Place
                                                                            Joint Development Authority of Winder-Barrow County             Preston           Webster            Defunct city govt         Fairview          Walker      Census Designated Place
                                                                            Kennesaw Development Authority                                  Pulaski           Candler            Pulaski Town              Fort Stewart      Liberty     Census Designated Place
                                                                            Kennesaw Downtown Development Authority                         Putney            Dougherty          Census Designated Place   Georgetown        Quitman     Census Designated Place
                                                                            Kingsland Development Authority                                 Quitman           Brooks             Quitman City              Gresham Park DeKalb           Census Designated Place
                                                                            Kingsland Downtown Development Authority                        Ranger            Gordon             Ranger Town               Gumlog            Towns       Census Designated Place
                                                                            Kingston Downtown Development Authority                         Raoul             Habersham          Census Designated Place   Hannahs Mill      Upson       Census Designated Place
                                                                            LaFayette Housing Authority                                     Ray City          Berrien            Ray City                  Hilltop           Pike        Census Designated Place
                                                                            LaGrange Development Authority                                  Rayle             Wilkes             Rayle Town                Indian Springs Catoosa        Census Designated Place
                                                                            Lake Oconee Area Development Authority                          Rebecca           Turner             Rebecca Town              Irondale          Clayton     Census Designated Place
                                                                            Laurens-Treutlen Joint Development Authority                    Redan             DeKalb             Census Designated Place   Isle of Hope      Chatham     Census Designated Place
                                                                            Lavonia Downtown Development Authority                          Reed Creek        Hart               Census Designated Place   Kings Bay Base Camden         Census Designated Place
                                                                            Lincoln County Development Authority                            Register          Bulloch            Register Town             Lakeview          Catoosa     Census Designated Place
                                                                            Long County Housing Authority                                   Reidsville        Tattnall           Reidsville City           Lakeview EstatesRockdale      Census Designated Place
                                                                            Lyons Downtown Development Authority                            Remerton          Lowndes            Remerton City             Lincoln Park      Upson       Census Designated Place
                                                                            Macon-Bibb County Urban Development Authority                   Rentz             Laurens            Rentz City                Lithia Springs Douglas        Census Designated Place
                                                                            Marion County Development Authority                             Resaca            Gordon             Resaca Town               Mableton          Cobb        Census Designated Place
                                                                            Middle Coastal Unified Development Authority                    Rest Haven        Gwinnett           Rest Haven City           Martinez          Columbia    Census Designated Place
                                                                            Middle Georgia Regional Development Authority                   Reynolds          Taylor             Reynolds City             Midway-Hardwick               Census Designated Place
                                                                                                                                            Rhine             Dodge
                                                                            Milledgeville MainStreet/The Downtown Development Authority of the City of Milledgeville             Rhine Town                Montgomery        Chatham     Census Designated Place
                                                                            Miller County Development Authority                             Riceboro          Liberty            Riceboro City             Moody AFB         Lowndes     Census Designated Place
                                                                            Mitchell County Development Authority                           Richland          Stewart            Richland City             Mountain Park Fulton          Census Designated Place
                                                                            Montezuma Downtown Development Authority                        Richmond Hill Bryan                  Richmond Hill City        North Atlanta     DeKalb      Census Designated Place
                                                                            Montgomery County Development Authority                         Riddleville       Washington         Riddleville Town          North Decatur DeKalb          Census Designated Place
                                                                            Moultrie-Colquitt County Development Authority                  Rincon            Effingham          Rincon City               North Druid Hills DeKalb      Census Designated Place
                                                                            Nashville Downtown Development Authority                        Ringgold          Catoosa            Ringgold City             Panthersville     DeKalb      Census Designated Place
                                                                            Northeast Georgia Housing Authority                             Riverdale         Clayton            Riverdale City            Phillipsburg      Tift        Census Designated Place
                                                                            Northwest Georgia Housing Authority                             Riverside         Colquitt           Riverside Town            Putney            Dougherty   Census Designated Place
                                                                            Northwest Georgia Joint Development Authority                   Roberta           Crawford           Roberta City              Raoul             Habersham   Census Designated Place
                                                                            Ocmulgee Regional Joint Development Authority                   Robins AFB        Houston            Census Designated Place   Redan             DeKalb      Census Designated Place
                                                                            Oglethorpe Development Authority                                Rochelle          Wilcox             Rochelle City             Reed Creek        Hart        Census Designated Place
                                                                            Okefenokee Area Development Authority                           Rockmart          Polk               Rockmart City             Robins AFB        Houston     Census Designated Place
                                                                            Palmetto Housing Authority                                      Rocky Ford        Screven            Rocky Ford City           Russell           Barrow      Census Designated Place
                                                                            Pelham Housing Authority                                        Rome              Floyd              Rome City                 St. Simons        Glynn       Census Designated Place
                                                                            Pooler Development Authority                                    Roopville         Carroll            Roopville Town            Salem             Catoosa     Census Designated Place
                                                                            Port Wentworth Downtown Development Authority                   Rossville         Walker             Rossville City            Scottdale         DeKalb      Census Designated Place
                                                                            Powder Springs Downtown Development Authority                   Roswell           Fulton             Roswell City              Shannon           Floyd       Census Designated Place
                                                                            Pulaski County-Hawkinsville Development Authority               Royston           Franklin           Royston City              Skidaway Island Chatham       Census Designated Place
                                                                            Putnam Development Authority                                    Russell           Barrow             Defunct city govt         Sunnyside         Towns       Census Designated Place
                                                                            Randolph County Development Authority                           Russell           Barrow             Census Designated Place   Sunset Village Upson          Census Designated Place
                                                                            Redevelopment Authority of Clayton County                       Rutledge          Morgan             Rutledge City             Tucker            DeKalb      Census Designated Place
                                                                            Rochelle Housing Authority                                      Sale City         Mitchell           Sale City                 Unionville        Tift        Census Designated Place
                                                                            Rockmart Development Authority                                  Salem             Catoosa            Census Designated Place   Vinings           Cobb        Census Designated Place
                                                                            Rome-Floyd County Development Authority                         Sandersville      Washington         Sandersville City                           C
                                                                                                                                                                                                           Whitemarsh Island hatham      Census Designated Place
                                                                            Sandersville Downtown Development Authority                     Sandy Springs Fulton                 Sandy Springs City        Wilmington IslandChatham      Census Designated Place
                                                                            Sardis Development Authority                                    Santa Claus       Toombs             Santa Claus City
                                                                            Schley-Sumter-Macon Counties Joint Development Authority        Sardis            Burke              Sardis City
                                                                            Screven County Development Authority                            Sasser            Terrell            Sasser Town
                                                                            Smyrna Housing Authority                                        Savannah          Chatham            Savannah City
                                                                            Social Circle Development Authority                             Scotland          Telfair            Scotland City
                                                                            South Georgia Business and Development Authority                Scottdale         DeKalb             Census Designated Place
                                                                            Southeast Georgia Consolidated Housing Authority                Screven           Wayne              Screven City
                                                                            Southeast Georgia Joint Development Authority                   Select from list Select City first

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                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Southeast Georgia Regional Development Authority                    Senoia          Coweta       Senoia City
                                                                            Southwest Georgia Joint Development Authority                       Shady Dale      Jasper       Shady Dale City
                                                                            Sparta-Hancock County Development Authority                         Shannon         Floyd        Census Designated Place
                                                                            St. Marys Downtown Development Authority                            Sharon          Taliaferro   Sharon City
                                                                            Stephens County Development Authority                               Sharpsburg      Coweta       Sharpsburg Town
                                                                            Suwanee Downtown Development Authority                              Shellman        Randolph     Shellman City
                                                                            Tallapoosa Development Authority                                    Shiloh          Harris       Shiloh City
                                                                            Tattnall County Development Authority                               Siloam          Greene       Siloam Town
                                                                            Taylor County Development Authority                                 Skidaway Island Chatham      Census Designated Place
                                                                            Temple Downtown Development Authority                               Sky Valley      Rabun        Sky Valley City
                                                                            Terrell County Development Authority                                Smithville      Lee          Smithville City
                                                                            The Commerce Housing Authority                                      Smyrna          Cobb         Smyrna City
                                                                            The Development Authority of Long County                            Snellville      Gwinnett     Snellville City
                                                                            The Development Authority of Pickens County                         Social Circle   Walton       Social Circle City
                                                                            The Development Authority of Snellville, Georgia                    Soperton        Treutlen     Soperton City
                                                                            The Development Authority of the City of Camilla                    Sparks          Cook         Sparks Town
                                                                            The Development Authority of the City of Manchester                 Sparta          Hancock      Sparta City
                                                                            The Development Authority of the City of Tallapoosa                 Springfield     Effingham    Springfield City
                                                                            The Downtown Development Authority of Bainbridge, Georgia           St. Marys       Camden       St. Marys City
                                                                                                                                                St.
                                                                            The Downtown Development Authority of the City of Griffin, Georgia Simons           Glynn        Census Designated Place
                                                                            The Housing Authority of the City of Americus, GA                   Stapleton       Jefferson    Stapleton City
                                                                            The Housing Authority of the City of Atlanta, Georgia               Statesboro      Bulloch      Statesboro City
                                                                            The Housing Authority of the City of Brunswick, Georgia             Statham         Barrow       Statham City
                                                                            The Housing Authority of the City of Dallas, Georgia                Stillmore       Emanuel      Stillmore City
                                                                            The Housing Authority of the City of Newnan                         Stockbridge     Henry        Stockbridge City
                                                                            The Housing Authority of the City of Washington                     Stone Mountain DeKalb        Stone Mountain City
                                                                            Thomaston Downtown Development Authority                            Sugar Hill      Gwinnett     Sugar Hill City
                                                                            Thomasville Downtown Development Authority                          Summertown Emanuel           Summertown City
                                                                            Tift County Development Authority                                   Summerville     Chattooga    Summerville City
                                                                            Tift-Turner-Worth-Cook Joint Development Authority                  Sumner          Worth        Sumner Town
                                                                            Toombs County Development Authority                                 Sunny Side      Spalding     Sunny Side City
                                                                            Treutlen County Development Authority                               Sunnyside       Towns        Census Designated Place
                                                                            Troup County Development Authority                                  Sunset Village Upson         Census Designated Place
                                                                            Turner County Development Authority                                 Surrency        Appling      Surrency Town
                                                                            Union City Housing Authority                                        Suwanee         Gwinnett     Suwanee City
                                                                            Urban Redevelopment Agency of Clayton County, Georgia               Swainsboro      Emanuel      Swainsboro City
                                                                            Urban Redevelopment Agency of the City of Canton                    Sycamore        Turner       Sycamore City
                                                                            Urban Redevelopment Agency of the City of Dallas                    Sylvania        Screven      Sylvania City
                                                                            Urban Redevelopment Agency of the City of Duluth                    Sylvester       Worth        Sylvester City
                                                                            Urban Redevelopment Agency of the City of Kennesaw, Georgia Talbotton               Talbot       Talbotton City
                                                                            Urban Redevelopment Authority of the City of Suwanee                Talking Rock Pickens         Talking Rock Town
                                                                            Urban Residential Finance Authority of the City of Atlanta, Georgia Tallapoosa      Haralson     Tallapoosa City
                                                                            Valdosta Housing Authority                                          Tallulah Falls Habersham     Tallulah Falls Town
                                                                            Valley Partnership Joint Development Authority                      Talmo           Jackson      Talmo Town
                                                                            Vidalia Development Authority                                       Tarrytown       Montgomery   Tarrytown City
                                                                            Villa Rica Downtown Development Authority                           Taylorsville    Bartow       Taylorsville Town
                                                                            Walker County Development Authority                                 Temple          Carroll      Temple City
                                                                            Waycross and Ware County Development Authority                      Tennille        Washington   Tennille City
                                                                            West Central Georgia Joint Development Authority                    The Rock        Upson        Defunct city govt
                                                                            West Georgia Joint Development Authority                            Thomaston       Upson        Thomaston City
                                                                            West Point Development Authority                                    Thomasville     Thomas       Thomasville City
                                                                            West Point Lake Development Authority                               Thomson         McDuffie     Thomson City
                                                                            Winder Downtown Development Authority                               Thunderbolt     Chatham      Thunderbolt Town

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Georgia Department of Community Affairs                                                   2012 Funding Application                                                                Office of Affordable Housing
                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                            Woodbine Downtown Development Authority        Tifton          Tift         Tifton City
                                                                                                                           Tiger           Rabun        Tiger Town
                                                                                                                           Tignall         Wilkes       Tignall Town
                                                                                                                           Toccoa          Stephens     Toccoa City
                                                                                                                           Toomsboro       Wilkinson    Toomsboro City
                                                                                                                           Trenton         Dade         Trenton City
                                                                                                                           Trion           Chattooga    Trion Town
                                                                                                                           Tucker          DeKalb       Census Designated Place
                                                                                                                           Tunnell Hill    Whitfield    Tunnel Hill City
                                                                                                                           Turin           Coweta       Turin Town
                                                                                                                           Twin City       Emanuel      Twin City
                                                                                                                           Ty Ty           Tift         Ty Ty City
                                                                                                                           Tybee Island Chatham         Tybee Island City
                                                                                                                           Tyrone          Fayette      Tyrone Town
                                                                                                                           Unadilla        Dooly        Unadilla City
                                                                                                                           Union City      Fulton       Union City
                                                                                                                           Union Point     Greene       Union Point City
                                                                                                                           Unionville      Tift         Census Designated Place
                                                                                                                           Uvalda          Montgomery   Uvalda City
                                                                                                                           Valdosta        Lowndes      Valdosta City
                                                                                                                           Varnell         Whitfield    Varnell City
                                                                                                                           Vernonburg      Chatham      Vernonburg Town
                                                                                                                           Vidalia         Toombs       Vidalia City
                                                                                                                           Vidette         Burke        Defunct city govt
                                                                                                                           Vienna          Dooly        Vienna City
                                                                                                                           Villa Rica      Carroll      Villa Rica City
                                                                                                                           Vinings         Cobb         Census Designated Place
                                                                                                                           Waco            Haralson     Waco Town
                                                                                                                           Wadley          Jefferson    Wadley City
                                                                                                                           Waleska         Cherokee     Waleska City
                                                                                                                           Walnut Grove Walton          Walnut Grove City
                                                                                                                           Walthourville Liberty        Walthourville City
                                                                                                                           Warm Springs Meriwether      Warm Springs City
                                                                                                                           Warner Robins Houston        Warner Robins City
                                                                                                                           Warrenton       Warren       Warrenton City
                                                                                                                           Warwick         Worth        Warwick City
                                                                                                                           Washington      Wilkes       Washington City
                                                                                                                           Watkinsville    Oconee       Watkinsville City
                                                                                                                           Waverly Hall    Harris       Waverly Hall Town
                                                                                                                           Waycross        Ware         Waycross City
                                                                                                                           Waynesboro Burke             Waynesboro City
                                                                                                                           West Point      Troup        West Point City
                                                                                                                           Weston          Webster      Defunct city govt
                                                                                                                           Whigham         Grady        Whigham City
                                                                                                                           White           Bartow       White City
                                                                                                                           White Plains    Greene       White Plains City
                                                                                                                                           Chatham
                                                                                                                           Whitemarsh Island            Census Designated Place
                                                                                                                           Whitesburg      Carroll      Whitesburg City
                                                                                                                           Willacoochee Atkinson        Willacoochee City
                                                                                                                           Williamson      Pike         Williamson City
                                                                                                                                           C
                                                                                                                           Wilmington Island hatham     Census Designated Place
                                                                                                                           Winder          Barrow       Winder City
                                                                                                                           Winterville     Clarke       Winterville City

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Georgia Department of Community Affairs                                                2012 Funding Application                                                                                   Office of Affordable Housing
                           PART ONE - PROJECT INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                                                                                         Woodbine        Camden           Woodbine City
                                                                                                                         Woodbury        Meriwether       Woodbury City
                                                                                                                         Woodland        Talbot           Woodland City
                                                                                                                         Woodstock       Cherokee         Woodstock City
                                                                                                                         Woodville       Greene           Woodville City
                                                                                                                         Woolsey         Fayette          Woolsey Town
                                                                                                                         Wrens           Jefferson        Wrens City
                                                                                                                         Wrightsville    Johnson          Wrightsville City
                                                                                                                         Yatesville      Upson            Yatesville Town
                                                                                                                         Young Harris    Towns            Young Harris City
                                                                                                                         Zebulon         Pike             Zebulon City

                                                                                                                                           <---- Enter unlisted city here as needed, then select it from the corresponding box's drop down list.
                                                                                                                         <---- Enter unlisted tax-exempt bond issuer here as needed, then select it from the corresponding box's drop down list.




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      Georgia Department of Community Affairs                                                                                 2012 Funding Application                                          Office of Affordable Housing

                                  PART TWO - DEVELOPMENT TEAM INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

I.   OWNERSHIP INFORMATION

     A. OWNERSHIP ENTITY                           Hardin Terrace Apartments, LP                                                             Name of Principal    Justin Zimmerman
            Office Street Address                  1730 East Republic Road, Suite F                                                          Title of Principal   Member
            City                                   Springfield                           Fed Tax ID:                                         Direct line          (417) 890-3239
            State                                      MO        Zip+4 *           65804-6519        HQ Congressional District *     7       Cellular             (417) 861-6757
            10-Digit Office Phone / Ext.           (417) 883-1632                            Fax          (417) 883-6343              E-mail jzimmerman@wilhoitproperties.com
              (Enter phone numbers without using hyphens, parentheses, etc - ex: 1234567890)         * Must be verified by applicant using following websites:
     B. PROPOSED PARTNERSHIP INFORMATION                                                        Zip Codes                                    http://zip4.usps.com/zip4/welcome.jsp
        1. GENERAL PARTNER(S)                                                                   Congressional Districts:                     http://www.govtrack.us/congress/findyourreps.xpd
           a. Managing Gen'l Partner            Hardin Terrace Housing, LLC                                                                 Name of Principal    Justin Zimmerman
              Office Street Address             1730 East Republic Road, Suite F                                                            Title of Principal   Member
              City                              Springfield                                                                                 Direct line          (417) 890-3239
              State                                 MO      Zip+4 *         65804-6519          HQ Congressional District *         7       Cellular             (417) 861-6757
              10-Digit Office Phone / Ext.      (417) 883-1632                       Fax              (417) 883-6343                 E-mail jzimmerman@wilhoitproperties.com
           b. Other General Partner                                                                                                          Name of Principal
              Office Street Address                                                                                                          Title of Principal
              City                                                                                                                           Direct line
              State                                           Zip+4                                                                          Cellular
              10-Digit Office Phone / Ext.                                             Fax                                          E-mail
           c. Other General Partner                                                                                                          Name of Principal
              Office Street Address                                                                                                          Title of Principal
              City                                                                                                                           Direct line
              State                                           Zip+4                                                                          Cellular
              10-Digit Office Phone / Ext.                                             Fax                                          E-mail
        2. LIMITED PARTNERS (PROPOSED OR ACTUAL)
           a. Federal Limited Partner           RBC Tax Credit Equity, LLC                                                                 Name of Principal    Brian C. Flanagan
              Office Street Address             4720 Piedmont Row Drive, Suite 240                                                         Title of Principal   Director
              City                              Charlotte                                                                                  Direct line          (980) 233-6462
              State                                NC       Zip+4          28210-0000                                                      Cellular             (704) 608-4188
              10-Digit Office Phone / Ext.                                          Fax               (980) 233-6501                E-mail Brian.Flanagan@rbc.com
           b. State Limited Partner             RBC Tax Credit Manager II, Inc.                                                            Name of Principal    Brian C. Flanagan
              Office Street Address             4720 Piedmont Row Drive, Suite 240                                                         Title of Principal   Director
              City                              Charlotte                                                                                  Direct line          (980) 233-6462
              State                                NC       Zip+4           28210-0000                                                     Cellular             (704) 608-4188
              10-Digit Office Phone / Ext.                             158           Fax              (980) 233-6501                E-mail Brian.Flanagan@rbc.com




      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                     Part II-Development Team                                                              28 of 86
     Georgia Department of Community Affairs                                                               2012 Funding Application                             Office of Affordable Housing

                                 PART TWO - DEVELOPMENT TEAM INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

      3. NONPROFIT SPONSOR
             Nonprofit Sponsor                                                                                            Name of Principal
             Office Street Address                                                                                        Title of Principal
             City                                                                                                         Direct line
             State                                          Zip+4                                                         Cellular
             10-Digit Office Phone / Ext.                                        Fax                             E-mail

II. DEVELOPER(S)

   A. DEVELOPER                               Zimmerman Properties, LLC                                                 Name of Principal    Justin Zimmerman
           Office Street Address              1730 East Republic Road, Suite F                                          Title of Principal   Member
           City                               Springfield                                                               Direct line          (417) 890-3239
           State                                  MO       Zip+4         65804-6519                                     Cellular             (417) 861-6757
           10-Digit Office Phone / Ext.       (417) 883-1632                      Fax     (417) 883-6343         E-mail jzimmerman@wilhoitproperties.com
   B. CO-DEVELOPER 1                                                                                                      Name of Principal
           Office Street Address                                                                                          Title of Principal
           City                                                                                                           Direct line
           State                                            Zip+4                                                         Cellular
           10-Digit Office Phone / Ext.                                          Fax                             E-mail
   C. CO-DEVELOPER 2                                                                                                      Name of Principal
           Office Street Address                                                                                          Title of Principal
           City                                                                                                           Direct line
           State                                            Zip+4                                                         Cellular
           10-Digit Office Phone / Ext.                                          Fax                             E-mail
   D. DEVELOPMENT CONSULTANT                                                                                              Name of Principal
           Office Street Address                                                                                          Title of Principal
           City                                                                                                           Direct line
           State                                            Zip+4                                                         Cellular
           10-Digit Office Phone / Ext.                                          Fax                             E-mail




     b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                   Part II-Development Team                                                 29 of 86
     Georgia Department of Community Affairs                                                              2012 Funding Application                                Office of Affordable Housing

                                PART TWO - DEVELOPMENT TEAM INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

III. OTHER PROJECT TEAM MEMBERS

   A. OWNERSHIP CONSULTANT                                                                                               Name of Principal
          Office Street Address                                                                                          Title of Principal
          City                                                                                                           Direct line
          State                                             Zip+4                                                        Cellular
          10-Digit Office Phone / Ext.                                           Fax                            E-mail
   B. GENERAL CONTRACTOR                      Weaver Cooke Construction, LLC                                           Name of Principal  David Drewry
          Office Street Address               8401 Key Boulevard                                                       Title of Principal Senior Vice President
          City                                Greensboro                                                               Direct line
          State                                   NC       Zip+4         27409-6000                                    Cellular
          10-Digit Office Phone / Ext.        (336) 378-7900                      Fax    (336) 378-7901         E-mail DDrewry@weavercooke.com
   C. MANAGEMENT COMPANY                      Wilhoit Properties, Inc.                                                 Name of Principal    Bob Davidson
          Office Street Address               1730 East Republic Road, Suite F                                         Title of Principal   Member
          City                                Springfield                                                              Direct line          (417) 890-3205
          State                                   MO        Zip+4        65804-6519                                    Cellular             (417) 848-3711
          10-Digit Office Phone / Ext.        (417) 883-1632                      Fax    (417) 883-6343         E-mail jzimmerman@wilhoitproperties.com
   D. ATTORNEY                                Kendall McPhail, LLC                                                     Name of Principal   Kendall McPhail
           Office Street Address              2838 S. Ingram Mill Road                                                 Title of Principal  Owner
           City                               Springfield                                                              Direct line         (417) 882-2828
           State                                  MO       Zip+4         65804-4042                                    Cellular            (417) 860-0751
           10-Digit Office Phone / Ext.       (417) 883-2828                      Fax    (417) 887-1360         E-mail kmcphail@myexcel.com
   E. ACCOUNTANT                              Reznick Group                                                            Name of Principal     Renee Scruggs
          Office Street Address               7501 Wisconsin Avenue, Suite 400E                                        Title of Principal    Principal
          City                                Bethesda                                                                 Direct line
          State                                   MD       Zip+4         20814-6583                                    Cellular
          10-Digit Office Phone / Ext.        (301) 652-9100                      Fax    (301) 652-1848         E-mail renee.scruggs@reznickgroup.com
   F. ARCHITECT                               Wallace Architects                                                       Name of Principal      Kurt Wallace
           Office Street Address              302 Campusview Drive, Suite 209                                          Title of Principal     Owner Architect
           City                               Columbia                                                                 Direct line
           State                                  MO       Zip+4         65201-0000                                    Cellular
           10-Digit Office Phone / Ext.       (573) 256-7200                      Fax    (573) 256-2947         E-mail kurtw@wallacearchitects.com




     b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                  Part II-Development Team                                                    30 of 86
      Georgia Department of Community Affairs                                                                                              2012 Funding Application                                                                   Office of Affordable Housing

                                       PART TWO - DEVELOPMENT TEAM INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

IV. OTHER REQUIRED INFORMATION (Answer each of the questions below for each participant listed below.)
                     1. Has this entity     2. Is this     3. Has any person,      4. Does this entity have an      5. Does this entity have 6. Has this entity ever been 7. Applicable       8. Project
                    withdrawn or been       entity a     principal, or agent for   identity of interest with any   an identity of interest with debarred or suspended from Organizational     Ownership
                  involuntarily removed      MBE/         this entity ever been     other entity in this chart?     any member, officer, or any local, state, or federal Type (For Profit,    Percentage
                from a HOME or LIHTC         WBE?        convicted of a felony            If yes, attach             employee of DCA? If         housing program? If yes, Nonprofit, CHDO)
 Participant       project in the last 36
                                                         (Yes or No)?. If yes,             explanation.            yes, attach explanation.        attach explanation.
                   months (Y/N)? If Y,
                                                         attach explanation.
                   attach explanation.


Manage GP                  No                  No                  No                          Yes                           No                          No                  For Profit            0.0100%
Other GP1
Other GP2
Federal LP                 No                  No                  No                           No                           No                          No                  For Profit           99.9800%
State LP                   No                  No                  No                           No                           No                          No                  For Profit            0.0100%
NP Sponsor
Developer                  No                  No                  No                          Yes                           No                          No                  For Profit            0.0000%
Co-Develpr 1
Co-Develpr 2
Ownr Consult
Dev Consult
Contractor                 No                  No                  No                          No                            No                          No                  For Profit            0.0000%
Mgt Co                     No                  No                  No                          Yes                           No                          No                  For Profit            0.0000%
                                                                                                                                                                                      Total      100.0000%

V.      APPLICANT COMMENTS AND CLARIFICATIONS                                                                                               VI.           DCA COMMENTS - DCA USE ONLY
Zimmerman Investments, LLC, the sole-member of Zimmerman Properties, LLC (the sole-member of the Applicant / Owner and
Developer), is owned by the Member / Principal entites listed in the performance workbook previously provided. Certain individuals of                                                                        NOTE: Row size may be increased or decreased as
Zimmerman Investments, LLC also own Wilhoit Properties, Inc. (the "Property Manager"). Therefore, identities of interest exist between                                                                         needed. Press and hold Alt-Enter to start new
the Applicant / Owner, Developer, and Property Manager.
                                                                                                                                                                                                                       paragraphs in the same box.



                                                                                                                                                                        State
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      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                   Part II-Development Team                                                                                      31 of 86
Georgia Department of Community Affairs                                                            2012 Funding Application         Office of Affordable Housing

                          PART TWO - DEVELOPMENT TEAM INFORMATION - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

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      Georgia Department of Community Affairs                                                                                                                                 2012 Funding Application                                                                                                                         Office of Affordable Housing

                                           PART THREE - SOURCES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                                          PART THREE - SOURCES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County


I.    GOVERNMENT FUNDING SOURCES (check all that apply)                                                                                                                                                          GOVERNMENT FUNDING SOURCES (check all that apply)
                                                                                                                                                                                                                 DCA COMMENTS - DCA Use Only
         Yes       Tax Credits                         DCA HOME* --> amt from DCA Consent Ltr:                                                           Historic Rehab Credits                  McKinney-
                                                                                                                                                                                                 Vento
                   Tax Exempt Bonds                    DCA PSHP HOME*               CDBG                            FHA Risk Share                       FHA Insured Mortgage
                                                                                                                                                                                                 Homeless
                   Taxable Bonds                       Other HOME*                          FHLB /                  CHOICE                               Section 8 PBRA
                                                                                            AHP *                   Neighborhoods                        Other - describe here
                   USDA 515                            USDA 538
      *This source may possibly trigger Uniform Relocation Act and/or HUD 104(d) reqmts. Check with source. For DCA HOME, refer to Relocation Manual. NSP = Neighborhood Stabilization Program


II.   CONSTRUCTION FINANCING                                                                                                                                                                                     CONSTRUCTION FINANCING


      Financing Type                                                            Name of Financing Entity                                Amount           Effective Interest Rate     Term (In Months)            DCA COMMENTS - DCA Use Only
      Mortgage A                                                               Great Southern                                                5,143,000           7.500%                     24
      Mortgage B
      Mortgage C
      Federal Grant
      State, Local, or Private Grant
      Deferred Developer Fees
      Federal Housing Credit Equity                                            RBC Tax Credit Equity, LLC                                    1,323,000
      State Housing Credit Equity                                              RBC Tax Credit Manager II, Inc.                                 395,000
      Other Type (specify)
      Other Type (specify)
      Other Type (specify)
      Total Construction Financing:                                                                                                          6,861,000
      Total Construction Period Costs from Development Budget:                                                                               6,429,527
      Surplus / (Shortage) of Construction funds to Construction costs:                                                                        431,473




      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012
                                                                                                                                                                                   Part III A-Sources of Funds                                                                                                                                     33 of 86
        Georgia Department of Community Affairs                                                                                                                                       2012 Funding Application                                                                                                                 Office of Affordable Housing

                                               PART THREE - SOURCES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                                      PART THREE - SOURCES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County


III.   PERMANENT FINANCING                                                                                                                                                                                               PERMANENT FINANCING
                                                                                                                  Effective        Term       Amort.     Annual Debt Service                            Target
       Financing Type                    Name of Financing Entity                         Principal Amount        Int Rate        (Years)    (Years)        in Year One             Loan Type            DCR             DCA COMMENTS - DCA Use Only
       Mortgage A (Lien Position 1)      Great Southern                                              676,000      7.500%            15         30              56,720               Amortizing
       Mortgage B (Lien Position 2)
       Mortgage C (Lien Position 3)
       Other:
       Grant from foundation or charity
       Deferred Devlpr Fee       18.94% Zimmerman Properties, LLC                                    181,857       0.000%             15      N/A              20,965               Cash Flow            1.00
       Federal Grant
       State, Local, or Private Grant                                                                                  Equity Check                    +/-                     TC Equity
       Federal Housing Credit Equity     RBC Tax Credit Equity, LLC                                5,292,000            5,292,515                   -514.50                    % of TDC
       State Housing Credit Equity       RBC Tax Credit Manager II, Inc.                           1,581,700            1,581,671                    29.00                       68%
       Historic Credit Equity                                                                                                                                                    20%
       Invstmt Earnings: T-E Bonds                                                                                                                                               89%
       Invstmt Earnings: Taxable Bonds
       Income from Operations
       Other:
       Other:
       Other:
       Total Permanent Financing:                                                            7,731,557
       Total Development Costs from Development Budget:                                      7,731,557
       Surplus/(Shortage) of Permanent funds to development costs:                               (0)
IV.    APPLICANT COMMENTS AND CLARIFICATIONS                                                                                    IV.         DCA COMMENTS - DCA USE ONLY
We have modified cell L26 to only account for up to $500K of the total developer fee to be paid during construction, although
the total amount will be limited to total tax credit equity contributed through completion and could be more or less.
                                                                                                                                                                                                                         NOTE: Row size may be increased or decreased as needed. Press and hold Alt-Enter to start new
The Equity Check variance is due to rounding, as well as the Federal tax credit investor only receiving a 99.98% allocation                                                                                              paragraphs in the same box.
of Federal LIHTCs. The State variance is due to rounding.




       b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012
                                                                                                                                                                                           Part III A-Sources of Funds                                                                                                                             34 of 86
            Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                                                                Office of Affordable Housing

                                           PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                    PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                       CERTIFICATION OF ACTUAL COST AND OPINION AS TO ELIGIBLE BASIS
I. DEVELOPMENT BUDGET                                                                                New                                                Amortizable or     DEVELOPMENT BUDGET
                                                                                                                   Acquisition      Rehabilitation
                                                                                                  Construction                                         Non-Depreciable
                                                                                   TOTAL COST                        Basis             Basis
                                                                                                     Basis                                                  Basis          DCA COMMENTS - DCA Use Only
  PRE-DEVELOPMENT COSTS                                                                                              PRE-DEVELOPMENT COSTS                                 PRE-DEVELOPMENT COSTS
  Property Appraisal                                                                      6,000           6,000
  Market Study                                                                            5,000           5,000
  Environmental Report(s)                                                                 5,000           5,000
  Soil Borings
  Boundary and Topographical Survey                                                       5,000           5,000
  Zoning/Site Plan Fees
  Other: <Enter detailed description here; use Comments section if needed>
  Other: <Enter detailed description here; use Comments section if needed>
  Other: <Enter detailed description here; use Comments section if needed>
                                                                        Subtotal         21,000          21,000              -                 -                      -
  ACQUISITION                                                                                                               ACQUISITION                                    ACQUISITION
  Land                                                                                  372,500                                                                  372,500
  Site Demolition
  Acquisition Legal Fees (if existing structures)
  Existing Structures
                                                                        Subtotal        372,500                            -                                     372,500
  LAND IMPROVEMENTS                                                                                                    LAND IMPROVEMENTS                                   LAND IMPROVEMENTS
  Site Construction (On-site)                                                           584,100         584,100
  Site Construction (Off-site)                                                           64,900                                                                   64,900
                                                                        Subtotal        649,000         584,100             -                  -                  64,900
  STRUCTURES                                                                                                               STRUCTURES                                      STRUCTURES
  Residential Structures - New Construction                                           3,813,800       3,813,800
  Residential Structures - Rehab
  Accessory Structures (ie. community building, maintenance building, etc.)
                                                                        Subtotal      3,813,800       3,813,800            -              -                           -
  CONTRACTOR SERVICES                                   14.00%                                                        CONTRACTOR SERVICES                                  CONTRACTOR SERVICES
  Builder Profit:                                        6.00%           267,768        267,700         267,700
  General Requirements* and Builder Overhead             8.00%           357,024        356,900         356,900
  *Refer to General Requirements policy in QAP                          Subtotal        624,600         624,600              -                 -                      -
                                                                                                                                                                           Total Construction Hard Costs
  Total Construction Hard Costs            84,790.00              per unit
  5,087,400.00                                 87.59              per sq ft
  CONSTRUCTION CONTINGENCY                                                                                         CONSTRUCTION CONTINGENCY                                CONSTRUCTION CONTINGENCY
  Construction Contingency                                           4.9986%            254,300         254,300




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                              Part IV-Uses of Funds                                                                                                                           35 of 86
            Georgia Department of Community Affairs                                                                                    2012 Funding Application                                                                                       Office of Affordable Housing

                                         PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                          PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                     CERTIFICATION OF ACTUAL COST AND OPINION AS TO ELIGIBLE BASIS
I. DEVELOPMENT BUDGET                                                                              New            Acquisition     Rehabilitation      Amortizable or     DEVELOPMENT BUDGET
                                                                                                Construction        Basis            Basis           Non-Depreciable
                                                                                 TOTAL COST                                                                              DCA COMMENTS - DCA Use Only
                                                                                                   Basis                                                  Basis
  CONSTRUCTION PERIOD FINANCING                                                                                 CONSTRUCTION PERIOD FINANCING                            CONSTRUCTION PERIOD FINANCING
  Construction Loan Fee                                                                 6,760           6,760
  Construction Loan Interest                                                           50,000          50,000
  Construction Legal Fees                                                              15,000          15,000
  Construction Period Inspection Fees
  Construction Period Real Estate Tax                                                   6,000           6,000
  Construction Insurance                                                                6,000           6,000
  Bridge Loan Fee and Bridge Loan Interest                                            195,670         195,670
  Payment and Performance bonds
  Other: <Enter detailed description here; use Comments section if needed>
                                                                      Subtotal        279,430         279,430             -               -                         -
  PROFESSIONAL SERVICES                                                                                             PROFESSIONAL SERVICES                                PROFESSIONAL SERVICES
  Architectural Fee - Design                                                           85,000          85,000
  Architectural Fee - Supervision                                                      20,000          20,000
  Green Building Consultant Fee
  Green Building Program Certification Fee (LEED or Earthcraft)
  Accessibility Inspections and Plan Review
  Construction Materials Testing
  Engineering                                                                          77,000          77,000
  Real Estate Attorney                                                                 25,000          25,000
  Accounting                                                                           20,000          20,000
  Other: <Enter detailed description here; use Comments section if needed>
                                                                      Subtotal        227,000         227,000             -              -                          -
  LOCAL GOVERNMENT FEES                                                                                            LOCAL GOVERNMENT FEES                                 LOCAL GOVERNMENT FEES
  Building Permits                                                                     40,000          40,000
  Impact Fees
  Water Tap Fees                              waived?     No                            6,000           6,000
  Sewer Tap Fees                              waived?     No                           30,000          30,000
                                                                      Subtotal         76,000          76,000            -                -                         -
  PERMANENT FINANCING FEES                                                                                        PERMANENT FINANCING FEES                               PERMANENT FINANCING FEES
  Permanent Loan Fees                                                                   6,760                                                                    6,760
  Permanent Loan Legal Fees                                                            15,000                                                                   15,000
  Title and Recording Fees                                                              9,300           9,000                                                      300
  As-Built Survey                                                                       3,000           3,000
  Bond Issuance Premium
  Cost of Issuance / Underwriter's Discount
  Other: <Enter detailed description here; use Comments section if needed>
                                                                      Subtotal         34,060          12,000              -                 -                  22,060




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                            Part IV-Uses of Funds                                                                                                                 36 of 86
            Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                                                        Office of Affordable Housing

                                          PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                             PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                      CERTIFICATION OF ACTUAL COST AND OPINION AS TO ELIGIBLE BASIS

I. DEVELOPMENT BUDGET                                                                                  New          Acquisition     Rehabilitation      Amortizable or     DEVELOPMENT BUDGET
                                                                                                    Construction      Basis            Basis           Non-Depreciable
                                                                                  TOTAL COST                                                                               DCA COMMENTS - DCA Use Only
                                                                                                       Basis                                                Basis
  DCA-RELATED COSTS                                                                                                     DCA-RELATED COSTS                                  DCA-RELATED COSTS
  DCA HOME Loan Pre-Application Fee
  Tax Credit Application Fee                                                             6,500                                                                     6,500
  DCA Waiver and Pre-approval Fees                                                       1,000                                                                     1,000
  LIHTC Allocation Processing Fee                                       48,667          48,667                                                                    48,667
  LIHTC Compliance Monitoring Fee                                       48,000          48,000                                                                    48,000
  DCA Front End Analysis Fee (HOME, when ID of Interest)                                 2,700                                                                     2,700
  DCA Final Inspection Fee (Tax Credit only - no HOME)                                   3,000                                                                     3,000
  Other: <Enter detailed description here; use Comments section if needed>
  Other: <Enter detailed description here; use Comments section if needed>
                                                                       Subtotal        109,867                                                                   109,867
  EQUITY COSTS                                                                                                             EQUITY COSTS                                    EQUITY COSTS
  Partnership Organization Fees
  Tax Credit Legal Opinion                                                               8,000                                                                     8,000
  Syndicator Legal Fees                                                                 32,000                                                                    32,000
  Other: <Enter detailed description here; use Comments section if needed>
                                                                       Subtotal         40,000                                                                    40,000
  DEVELOPER'S FEE                                                                                                         DEVELOPER'S FEE                                  DEVELOPER'S FEE
  Developer's Overhead                                              100.000%           960,000            960,000
  Consultant's Fee                                                   0.000%
  Developer's Profit                                                 0.000%
                                                                       Subtotal        960,000            960,000           -               -                         -
  START-UP AND RESERVES                                                                                               START-UP AND RESERVES                                START-UP AND RESERVES
  Marketing
  Rent-Up Reserves                                                                      84,000                                                                    84,000
  Operating Deficit Reserve:                                                           146,000                                                                   146,000
  Replacement Reserve
  Furniture, Fixtures and Equipment                   Per Unit:        667              40,000             40,000
  Other: <Enter detailed description here; use Comments section if needed>
                                                                       Subtotal        270,000             40,000            -                 -                 230,000
  OTHER COSTS                                                                                                               OTHER COSTS                                    OTHER COSTS
  Relocation
  Other: <Enter detailed description here; use Comments section if needed>
                                                                       Subtotal            -                  -              -                 -                      -
  TOTAL DEVELOPMENT COST                                                             7,731,557          6,892,230            -                 -                 839,327
  Total Per Unit Cost Limitation:            8,419,500           TDC Per Unit:       128,859.28   TDC Per Sq Ft:           133.12




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                              Part IV-Uses of Funds                                                                                                                   37 of 86
             Georgia Department of Community Affairs                                                                                                2012 Funding Application                                                                                                         Office of Affordable Housing

                                           PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                       PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                       CERTIFICATION OF ACTUAL COST AND OPINION AS TO ELIGIBLE BASIS
II. TAX CREDIT CALCULATION - BASIS METHOD                                                                New
                                                                                                                      4% Acquisition           Rehabilitation                                    TAX CREDIT CALCULATION - BASIS METHOD
                                                                                                      Construction
                                                                                                                          Basis                   Basis
   Subtractions From Eligible Basis                                                                      Basis                                                                                   Subtractions From Eligible Basis
   Amount of federal grant(s) used to finance qualifying development costs
   Amount of nonqualified nonrecourse financing
   Costs of Nonqualifying units of higher quality
   Nonqualifying excess portion of higher quality units
   Historic Tax Credits (Residential Portion Only)
   Other <Enter detailed description here; use Comments section if needed>
   Total Subtractions From Basis:                                                                          0                                         0
   Eligible Basis Calculation                                                                                                                                                                    Eligible Basis Calculation
   Total Basis                                                                                         6,892,230             0                       0
   Less Total Subtractions From Basis (see above)                                                          0                                         0
   Total Eligible Basis                                                                                6,892,230             0                       0
   Eligible Basis Adjustment (DDA/QCT Location or State Designated Boost)         Type: State Boost     118.00%
   Adjusted Eligible Basis                                                                             8,132,831             0                      0
   Multiply Adjusted Eligible Basis by Applicable Fraction                                              100.00%           100.00%                100.00%
   Qualified Basis                                                                                     8,132,831             0                      0
   Multiply Qualified Basis by Applicable Credit Percentage                                              7.48%
   Maximum Tax Credit Amount                                                                            608,336              0                       0
   Total Basis Method Tax Credit Calculation                                                                              608,336

III. TAX CREDIT CALCULATION - GAP METHOD                                                               Maximum TDC                                                  If Historic Designation or   TAX CREDIT CALCULATION - GAP METHOD
   Equity Gap Calculation                                                                                7,731,557   If TDC > PUCL, provide amount of grant from    Brownfield Development
                                                                                                                     foundation or charitable organization to       involved, indicate below:
   Total Development Cost (TDC or PUCL; explain in Comments if TDC > PUCL)                              7,731,557
                                                                                                                     cover the cost exceeding the PUCL:
   Subtract Non-LIHTC (excluding deferred fee) Source of Funds                                           676,000                                                                      Y/N
   Equity Gap                                                                                           7,055,557                   Grant Amount                   Hist Desig          No
   Divide Equity Gap by 10                                                                                  / 10                           0                       Brownfld            No
   Annual Equity Required                                                                                705,556                 Federal                  State
   Enter Final Federal and State Equity Factors (not including GP contribution)                           1.1300        =        0.8700         +        0.2600
   Total Gap Method Tax Credit Calculation                                                               624,386

   TAX CREDIT PROJECT MAXIMUM - Lower of Basis Method, Gap Method and DCA Limit:                         608,336

   TAX CREDIT REQUEST - Cannot exceed Tax Credit Project Maximum, but may be lower:                      608,335

IV. TAX CREDIT ALLOCATION - Lower of Tax Credit Request and Tax Credit Project Maximum                   608,335




             b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                        Part IV-Uses of Funds                                                                                                                                   38 of 86
                Georgia Department of Community Affairs                                                                                                          2012 Funding Application                                                                                 Office of Affordable Housing

                                                  PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                     PART FOUR - USES OF FUNDS - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                CERTIFICATION OF ACTUAL COST AND OPINION AS TO ELIGIBLE BASIS
V. APPLICANT COMMENTS AND CLARIFICATIONS                                                                                            VI.   DCA COMMENTS - DCA USE ONLY
The GC has provided all costs represented above as hard costs based on the preliminary development plans. The GC is
experienced in the construction of affordable housing having constructed more than 15,000 units. Zimmerman Properties
Construction ("ZPC"), a related party to the developer and owner of the project, who also has extensive experience in affordable
housing construction having built or construction managed more than 3,500 units, also reviewed the GC estimated costs for
reasonableness. ZPC will in no way participate in the construction of the property though, which would thereby create an identify
of interest between the contractor / builder and developer / owner. Only the GC stated will be involved in the construction.                                                                    NOTE: Row size may be increased or decreased as needed. Press and hold Alt-Enter to start
                                                                                                                                                                                                new paragraphs in the same box.
We are requesting an 18% HERA basis boost under the Rural provisions of the QAP, and deferring approx 19% of our developer
fee. This % request causes both our Basis LIHTC and Gap LIHTC amounts to be equal, and the deferred fee payable within 15-
years as shown in this application's pro-forma. Without the basis boost, our deferred fee would be greater than 50% and not
repayable from operations within a reasonable period of time.




                b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                    Part IV-Uses of Funds                                                                                                         39 of 86
   Georgia Department of Community Affairs                                                       2012 Funding Application                                                        Office of Affordable Housing




                   PART FIVE - UTILITY ALLOWANCES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

                                                      DCA Utility Region for project:         South

I. UTILITY ALLOWANCE SCHEDULE #1                      Source of Utility Allowances            Savannah, GA (HAS)
                                                      Date of Utility Allowances              June 1, 2012                      Structure MF
                                                          Paid By (check one)                  Tenant-Paid Utility Allowances by Unit Size (# Bdrms)
  Utility              Fuel                                Tenant     Owner                       0           1           2          3          4
  Heat                 Electric                              X                                               25          31
  Air Conditioning     Electric                              X                                               11          13
  Cooking              Electric                              X                                                6           6
  Hot Water            Electric                              X                                               24          28
  Lights               Electric                              X                                               31          35
  Water & Sewer        Submetered?            Yes                       X
  Refuse Collection                                                     X
  Total Utility Allowance by Unit Size                                                              0             97              113          0         0

II. UTILITY ALLOWANCE SCHEDULE #2                     Source of Utility Allowances
                                                      Date of Utility Allowances                                                Structure
                                                          Paid By (check one)                  Tenant-Paid Utility Allowances by Unit Size (# Bdrms)
  Utility              Fuel                                Tenant     Owner                       0           1           2          3          4
  Heat                 <<Select Fuel >>
  Air Conditioning     Electric
  Cooking              <<Select Fuel >>
  Hot Water            <<Select Fuel >>
  Lights               Electric
  Water & Sewer        Submetered? <Select>
  Refuse Collection
  Total Utility Allowance by Unit Size                                                              0              0               0           0         0

  *Elderly allowances cannot be used except at properties that have 100% HUD PBRA and satisfy the DCA definition of "elderly"
  APPLICANT COMMENTS AND CLARIFICATIONS
  The local PHA of Savannah, GA (HAS), which oversees the area's Section 8 voucher program, has provided the above utility allowance rates which are effective     NOTE: Row size may be increased or
  for the year 2012. We have therefore used their rates as required per the QAP.
                                                                                                                                                                 decreased as needed. Press and hold Alt-
  DCA COMMENTS
                                                                                                                                                                   Enter to start new paragraphs in the
                                                                                                                                                                                 same box.




   b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                             Part V-Utility Allowances                                                                    page 40 of 86
                                                    Georgia Department of Community Af f airs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             2012 Funding Application                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Of f ice of Af f ordable Housing




                                               PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                                                          PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

I.   RENT SCHEDULE                         DO NOT cut, copy or paste cells in this tab. For Common Space (non-income producing) units, select "N/A-CS" for Rent Type and "Common" for Employee Unit.                                                                    RENT SCHEDULE
     HOME projects - Fixed or Floating units:                                                                                                                                      MSA/NonMSA:                                 AMI
                                                                                                                PBRA Provider                                                      Savannah                                   33,900                 Rehabs Only:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Efficiency                                           Efficiency                                           Efficiency
     Are 100% of units HUD PBRA?                                         No                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Efficiency     1 BR       2 BR       3 BR       4 BR     Efficiency       1 BR       2 BR       3 BR       4 BR     Efficiency     1 BR       2 BR       3 BR       4 BR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          Efficiency   1 BR    2 BR    3 BR    4 BR    Efficiency   1 BR    2 BR    3 BR    4 BR    Efficiency   1 BR    2 BR    3 BR    4 BR       PHA         PHA        PHA        PHA        PHA         PHA           PHA        PHA        PHA        PHA         PHA         PHA        PHA        PHA        PHA      Efficiency    1 BR     2 BR     3 BR                                                                                                                                                                                                                                                                                                                                                                            New       1 BR New 2 BR New 3 BR New 4 BR New        New       1 BR New 2 BR New 3 BR New 4 BR New        New       1 BR New 2 BR New 3 BR New 4 BR New       Efficiency
                                                                                                                 or Operating                                                                                                                                 Rental
                                                                                                                                       Monthly Net Rent                                                                        Affordable to:                                                                                                                                         Efficiency                                         Efficiency                                         Efficiency                                                                                                      PBRA       PBRA    PBRA    PBRA    PBRA      PBRA       PBRA    PBRA    PBRA    PBRA      PBRA       PBRA    PBRA    PBRA    PBRA    Oper Sub     Oper Sub   Oper Sub   Oper Sub   Oper Sub   Oper Sub       Oper Sub   Oper Sub   Oper Sub   Oper Sub   Oper Sub     Oper Sub   Oper Sub   Oper Sub   Oper Sub   Common       Common   Common   Common                                                                                                                                                                                                                                                                                                               Efficiency     1 BR       2 BR       3 BR       4 BR     Construct    Construct Construct Construct Construct Construct    Construct Construct Construct Construct Construct    Construct Construct Construct Construct        LI        1 BR      2 BR       3 BR        4 BR     Efficiency     1 BR       2 BR         3 BR
         Rent           Nbr of No. of Unit                 Unit      Max Gross Proposed               Utility                                                        Employee         Building          Type of                                     Current   Percent
                                                                                                                   Subsidy ***                                                                                                                                                                                                                                                           60%       1 BR 60% 2 BR 60% 3 BR 60% 4 BR 60%      50%       1 BR 50% 2 BR 50% 3 BR 50% 4 BR 50%      30%       1 BR 30%   2 BR 30% 3 BR 30% 4 BR 30%   Efficiency   1 BR Mkt   2 BR Mkt   3 BR Mkt   4 BR Mkt      30%        30%     30%     30%     30%       50%        50%     50%     50%     50%       60%        60%     60%     60%     60%       30%         30%        30%        30%        30%         50%           50%        50%        50%        50%         60%         60%        60%        60%        60%        Space       Space    Space    Space   4 BR Common    Efficiency 60%                                                           Efficiency   1 BR 50% 2 BR 50% 3 BR 50% 4 BR 50%   Efficiency   1 BR 30% 2 BR 30% 3 BR 30% 4 BR 30%   Efficiency   1 BR Mkt   2 BR Mkt   3 BR Mkt   4 BR Mkt   Efficiency     1 BR      2 BR      3 BR      4 BR    Common       Common     Common     Common     Common       ion LI       ion LI   ion LI    ion LI    ion LI    ion Mkt      ion Mkt   ion Mkt   ion Mkt   ion Mkt   ion CS        ion CS   ion CS    ion CS    ion CS     Acq/Rhb      Acq/Rhb    Acq/Rhb    Acq/Rhb    Acq/Rhb    Acq/Rhb      Acq/Rhb     Acq/Rhb     Acq/Rhb
         Type           Bdrms Baths Count                  Area      Rent Limit Gross Rent          Allowance                   Per Unit
                                                                                                                   (See note below)                    Total           Unit            Type             Activity             Income      % of AMI    Rent       Diff
                                                                                                                                                                                                                                                                        DCA COMMENTS                                                                                                    Units        Units    Units    Units    Units      Units        Units    Units    Units    Units      Units        Units      Units    Units    Units    Mkt Units      Units      Units      Units      Units      Units      Units   Units   Units   Units     Units      Units   Units   Units   Units     Units      Units   Units   Units   Units     Units       Units      Units      Units      Units       Units         Units      Units      Units      Units       Units       Units      Units      Units      Units       Units       Units    Units    Units    Space Units          SF        1 BR 60% SF   2 BR 60% SF   3 BR 60% SF   4 BR 60% SF    50% SF         SF       SF       SF       SF       30% SF         SF       SF       SF       SF       Mkt SF         SF         SF         SF         SF      PBRA SF      PBRA SF   PBRA SF   PBRA SF   PBRA SF   Space SF     Space SF   Space SF   Space SF   Space SF     Units        Units    Units     Units     Units      Units        Units     Units     Units     Units     Units         Units    Units     Units     Units       Units      LI Units   LI Units   LI Units   LI Units   Mkt Units    Mkt Units   Mkt Units   Mkt Units
        50% AMI           1     1.0     5                   837         570        497                   97                         400                 2,000           No            3+ Story       New Construction         19,880      78.19%
                                                                                                                                                                                                                                                                                                                                                                                                                                                              5                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                4185                                                                                                                                                                                                                                                                              5
        50% AMI           2     2.0    10                  1,099        685        588                  113                         475                 4,750           No            3+ Story       New Construction         23,520      77.09%
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      10                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               10990                                                                                                                                                                                                                                                                            10
        60% AMI           1     1.0    25                   837         684        572                   97                         475                11,875           No            3+ Story       New Construction         22,880      89.99%                                                                                                                                                        25                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  20925                                                                                                                                                                                                                                                                                                                                              25
        60% AMI           2     2.0    20                  1,099        822        663                  113                         550                11,000           No            3+ Story       New Construction         26,520      86.92%
                                                                                                                                                                                                                                                                                                                                                                                                                 20                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       21980                                                                                                                                                                                                                                                                                                                                         20
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
       <<Select>>                                                                                                                   -                     -
                                TOTAL          60         58,080                                                          MONTHLY TOTAL                29,625
                                                                                                                                                                                                                                                                                                                                                                                                      25       20                                        5        10                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     20,925        21,980                                                4,185    10,990                                                                                                                                                                                                                                                               30         30
                                                                                                                            ANNUAL TOTAL              355,500
*** NOTE: When selecting "PHA Operating Subsidy" in the "PBRA Provider or Operating Subsidy" column above, please also then enter a zero in the "Proposed Gross Rent" column above AND include the PHA operating subsidy amount in the
"III. Ancillary and Other Income" section below. Also refer to the Application Instructions provided separately.




                                                    b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Part VI-Revenues & Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           41 of 86
                                              Georgia Department of Community Af f airs                                                                                                                                                                                                                         2012 Funding Application       Of f ice of Af f ordable Housing




                                             PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                      PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County


                                                                                                                                                                                   ERROR     UNIT SUMMARY
II. UNIT SUMMARY                                                                                                                                                                                                                                                 UNIT SUMMARY
                                                                                                                                                                                   Between
   Units:                                                                 Efficiency           1BR         2BR       3BR   4BR       Total                                                   DCA COMMENTS
                    Low-Income                                 60% AMI             -                 25         20   -     -               45   (Includes manager units that are      45
                                                               50% AMI             -                  5         10   -     -               15   income restricted)                    15
NOTE TO                                                        T otal              -                 30         30   -     -               60                                         60
APPLICANTS: If      Unrestricted                                                   -             -          -        -     -           -
the numbers         Total Residential                                              -                 30         30   -     -               60                                         60
compiled in this    Common Space                                                   -             -          -        -     -           -        (no rent to be charged)
Summary do not      Total                                                          -                 30         30   -     -               60                                         60
appear to match                                                                                                                                                                              PBRA-Assisted
what was entered    PBRA-Assisted                              60% AMI             -             -          -        -     -           -
                    (included in LI above)                     50% AMI             -             -          -        -     -           -
in the Rent Chart
                                                               T otal              -             -          -        -     -           -
above, please
verify that all                                                                                                                                                                              PHA Operating Subsidy-Assisted
                    PHA Operating Subsidy-Assisted             60% AMI             -             -          -        -     -           -
applicable          (included in LI above)                     50% AMI             -             -          -        -     -           -
columns were                                                   T otal              -             -          -        -     -           -
completed in the    Type of Construction Activity                                                                                                                                            Type of Construction Activity
rows used in the                      New Construction         Low Inc             -                 30         30   -     -               60                                         60
Rent Chart                                                     Unrestricted        -             -          -        -     -           -
above.                                                         T otal + CS         -                 30         30   -     -               60                                         60
                                        Acq/Rehab              Low Inc             -             -          -        -     -           -
                                                               Unrestricted        -             -          -        -     -           -
                                                               T otal + CS         -             -          -        -     -           -
                                        Substantial Rehab      Low Inc             -             -          -        -     -           -
                                        Only                   Unrestricted        -             -          -        -     -           -
                                                               T otal + CS         -             -          -        -     -           -
                                        Adaptive Reuse                                                                                 -
                                        Historic Rehab                                                                                 -
                    Building Type:                                                                                                                                                           Building Type:
                                        Multifamily                                -                 30         30   -     -               60                                         60
                                                               1-Story             -             -          -        -     -           -
                                                               2-Story             -             -          -        -     -           -
                                                               2-Story Wlkp        -             -          -        -     -           -
                                                               3+-Story            -                 30         30   -     -               60
                                        SF Detached                                -             -          -        -     -           -
                                        Townhome                                   -             -          -        -     -           -
                                        Duplex                                     -             -          -        -     -           -
                                        Manufactured home                          -             -          -        -     -           -
   Unit Square Footage:                                                                                                                                                                      Unit Square Footage:                                                Square Footage:
                  Low Income                                   60% AMI             -          20,925      21,980     -     -        42,905                                          42905
                                                               50% AMI             -           4,185      10,990     -     -        15,175                                          15175
                                                               T otal              -          25,110      32,970     -     -        58,080                                          58080
                    Unrestricted                                                   -             -           -       -     -           -
                    Total Residential                                              -          25,110      32,970     -     -        58,080                                          58080
                    Common Space                                                   -             -           -       -     -           -
                    Total                                                          -          25,110      32,970     -     -        58,080                                          58080




                                              b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                                                                                               Part VI-Revenues & Expenses                            42 of 86
                                          Georgia Department of Community Af f airs                                                                                                                                                                                                                        2012 Funding Application       Of f ice of Af f ordable Housing




                                         PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                     PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County


III. ANCILLARY AND OTHER INCOME (annual amounts)                                                                                                                                          DCA COMMENTS

   Ancillary Income                                                          3,600                             Laundry, vending, app fees, etc. Percent of potential gross income:
                                                                                                                                                                        1.01%             Ancillary Income

                                                                                                                                                                                          Other Income (OI) by Year:
   Other Income (OI) by Year:

                                                                                                                                                                                          Included in Mgt Fee:
   Included in Mgt Fee:                                         1             2             3    4        5           6              7              8                9               10
   Operating Subsidy
   Other:
                   Total OI in Mgt Fee                          -              -             -    -        -              -              -              -                -            -
                                                                                                                                                                                          NOT Included in Mgt Fee:
   NOT Included in Mgt Fee:
   Property Tax Abatement
   Other:
                   Total OI NOT in Mgt Fee                      -              -             -    -        -              -              -              -                -            -

                                                                                                                                                                                          Years 11 - 20

                                                                                                                                                                                          Included in Mgt Fee:
   Included in Mgt Fee:                                        11            12            13    14      15           16            17             18               19               20
   Operating Subsidy
   Other:
                   Total OI in Mgt Fee                          -              -             -    -        -              -              -              -                -            -
                                                                                                                                                                                          NOT Included in Mgt Fee:
   NOT Included in Mgt Fee:
   Property Tax Abatement
   Other:
                   Total OI NOT in Mgt Fee                      -              -             -    -        -              -              -              -                -            -

                                                                                                                                                                                          Years 21 - 30

                                                                                                                                                                                          Included in Mgt Fee:
   Included in Mgt Fee:                                        21            22            23    24      25           26            27             28               29               30
   Operating Subsidy
   Other:
                   Total OI in Mgt Fee                          -              -             -    -        -              -              -              -                -            -

   NOT Included in Mgt Fee:                                                                                                                                                               NOT Included in Mgt Fee:
   Property Tax Abatement
   Other:
                   Total OI NOT in Mgt Fee                      -              -             -    -        -              -              -              -                -            -




                                          b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                                                                                              Part VI-Revenues & Expenses                            43 of 86
                                                  Georgia Department of Community Af f airs                                                                                                                                                                                                                            2012 Funding Application       Of f ice of Af f ordable Housing




                                               PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                           PART SIX - PROJECTED REVENUES & EXPENSES - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County

IV. ANNUAL OPERATING EXPENSE BUDGET                                                                                                                                                                      ANNUAL OPERATING EXPENSE BUDGET

    On-Site Staff Costs                                                                            On-Site Security                                      Taxes and Insurance
                                                                        32,000
    Management Salaries & Benefits                                                                 Contracted Guard                                      Real Estate Taxes (Gross)*             35,000
    Maintenance Salaries & Benefits                                     30,000                     Electronic Alarm System                   2,000       Insurance**                            37,000
                                                                                                                                             2,000
    Support Services Salaries & Benefits                                                                             Subtotal                            Other (describe here)
    Other (describe here)
                                                                                                                                                            Subtotal                            72,000
                                                                        62,000
                    Subtotal

    On-Site Office Costs                                                                           Professional Services                                                                        18,368
                                                                                                                                                         Management Fee:
    Office Supplies & Postage                                            4,000                     Legal                                      2,000         329.18   per unit per year
                                                                         6,000                                                               11,000
    Telephone                                                                                      Accounting                                                 27.43       per unit per month
                                                                                                                                              2,000
    Travel                                                                                         Advertising
    Leased Furniture / Equipment                                                                   Other (describe here)                                 (Management Fee is from Pro Forma, Section
                                                                         2,000                                                               15,000      1, Operating Assumptions)
    Activities Supplies / Overhead Cost                                                                              Subtotal
    Other (describe here)
                                                                        12,000
                    Subtotal

    Maintenance Expenses                                                                           Utilities         ($/mth/unit)                        TOTAL OPERATING EXPENSES
    Contracted Repairs                                                   4,000                     Electricity         17.36                 12,500           3,896       per unit             233,778
    General Repairs                                                                                Natural Gas
                                                                         2,500                                                               12,500
    Grounds Maintenance                                                                            Water&Swr           17.36
                                                                         1,500                                                                6,000
    Extermination                                                                                  Trash Collection                                      Replacement Reserve                    15,000
                                                                         5,000
    Maintenance Supplies                                                                           Other (describe here)                                 Enter desired per unit amount:           250
    Elevator Maintenance                                                 5,910                                       Subtotal                31,000
                                                                         2,500
    Redecorating
    Other (describe here)
                                                                                                                                                         TOTAL ANNUAL EXPENSES
                                                                        21,410
                    Subtotal                                                                                                                                                                   248,778

V. APPLICANT COMMENTS AND CLARIFICATIONS                                                                                            VI.   DCA COMMENTS
We have consulted with Richard Osteen of Meritax, a semi-national property tax consultant firm, to determine the approximate,
estimated annual property tax bill for the proposed project. We have used the higher end of their estimates for our budget and
debt sizing.

Our insurance estimate used for budgeting and debt sizing has been provided by our group policy provider, Swain and Baldwin.                                                                             NOTE: Row size may be increased or decreased as needed. Press and hold Alt-Enter to start new
A copy of the estimate has been provided in the appropriate tab / folder of the application.                                                                                                             paragraphs in the same box.
All other operating expense budgets were reviewed and approved by Wilhoit Properties, the application property management
company, using averaged actuals for similar properties within its portfolio of developments managed.




                                                  b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                                                                                                  Part VI-Revenues & Expenses                            44 of 86
Georgia Department of Community Af f airs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     2012 Funding Application                                                                                                                                                                                                                                                                                                                                                                                                                                                          Of f ice of Af f ordable Housing




                                                                                                                                                                                                                                                                                                                                                                   0 BR       1 BR       2 BR       3 BR       4 BR                                                             0 BR     1 BR     2 BR     3 BR     4 BR      0 BR       1 BR       2 BR       3 BR       4 BR         0 BR     1 BR      2 BR      3 BR      4 BR      0 BR      1 BR      2 BR      3 BR      4 BR      0 BR      1 BR      2 BR      3 BR      4 BR       0 BR       1 BR       2 BR       3 BR       4 BR
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Efficiency
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           New      1 BR New 2 BR New 3 BR New 4 BR New       Efficiency     1 BR      2 BR     3 BR       4 BR    Efficiency    1 BR    2 BR    3 BR    4 BR
                                                                   Efficiency                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Effic   1 BR    2 BR    3 BR    4 BR                                                 Construct    Construct Construct Construct Construct      NSP       Acq/Rhb   Acq/Rhb   Acq/Rhb   Acq/Rhb    Rehab       Rehab   Rehab   Rehab   Rehab
                                                         4 BR          CS        1 BR       2 BR       3 BR       4 BR      Efficiency    1 BR       2 BR       3 BR       4 BR      Efficiency     1 BR        2 BR        3 BR        4 BR      Efficiency    1 BR       2 BR       3 BR       4 BR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             120%    120%    120%    120%    120%     Effic    1 BR     2 BR     3 BR     4 BR     ion NSP      ion NSP  ion NSP   ion NSP   ion NSP       120%         NSP       NSP      NSP        NSP        NSP        NSP     NSP     NSP     NSP
                                                       Acq/Rhb     Acq/Rhb      Acq/Rhb    Acq/Rhb    Acq/Rhb    Acq/Rhb    Rehab LI     Rehab LI   Rehab LI   Rehab LI   Rehab LI    Rehab        Rehab       Rehab       Rehab       Rehab       Rehab        Rehab      Rehab      Rehab      Rehab     0 BR MF    1 BR       2 BR       3 BR       4 BR      SF Det'd   SF Det'd   SF Det'd   SF Det'd   SF Det'd    0 BR       1 BR       2 BR       3 BR       4 BR      Duplex   Duplex   Duplex   Duplex   Duplex   Townhom    Townhom    Townhom    Townhom    Townhom      1-Story   1-Story   1-Story   1-Story   1-Story   2-Story   2-Story   2-Story   2-Story   2-Story   2-Story   2-Story   2-Story   2-Story   2-Story   3+ Story   3+ Story   3+ Story   3+ Story   3+ Story   NSP      NSP     NSP     NSP     NSP     120%     120%     120%     120%     120%       120%         120%     120%      120%      120%      Acq/Rhb       120%      120%      120%      120%       120%       120%    120%    120%    120%
                                                       Mkt Units     Units      CS Units   CS Units   CS Units   CS Units     Units       Units      Units      Units      Units     Mkt Units    Mkt Units   Mkt Units   Mkt Units   Mkt Units   CS Units     CS Units   CS Units   CS Units   CS Units     Units   MF Units   MF Units   MF Units   MF Units    Units      Units      Units      Units      Units     MH Units   MH Units   MH Units   MH Units   MH Units    Units    Units    Units    Units    Units    e Units    e Units    e Units    e Units    e Units      Units     Units     Units     Units     Units     Units     Units     Units     Units     Units     Wlkp      Wlkp      Wlkp      Wlkp      Wlkp      Units      Units      Units      Units      Units     Units   Units   Units   Units   Units   NSP SF   NSP SF   NSP SF   NSP SF   NSP SF      Units        Units    Units     Units     Units       Units       Units     Units     Units     Units      Units      Units   Units   Units   Units
                                                                                                                                                                                                                                                                                                                        5                                                                                                                                                                                                                                                                                                                                                                                                                                 5
                                                                                                                                                                                                                                                                                                                                   10                                                                                                                                                                                                                                                                                                                                                                                                                               10
                                                                                                                                                                                                                                                                                                                        25                                                                                                                                                                                                                                                                                                                                                                                                                               25
                                                                                                                                                                                                                                                                                                                                   20                                                                                                                                                                                                                                                                                                                                                                                                                               20




                                                                                                                                                                                                                                                                                                                        30         30                                                                                                                                                                                                                                                                                                                                                                                                                    30         30




b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Part VI-Revenues & Expenses                                                                                                                                                                                                                                                                                                                                                                                                                                                                               45 of 86
Georgia Department of Community Af f airs              2012 Funding Application       Of f ice of Af f ordable Housing




b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012    Part VI-Revenues & Expenses                            46 of 86
Georgia Department of Community Af f airs              2012 Funding Application       Of f ice of Af f ordable Housing




b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012    Part VI-Revenues & Expenses                            47 of 86
Georgia Department of Community Af f airs              2012 Funding Application       Of f ice of Af f ordable Housing




b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012    Part VI-Revenues & Expenses                            48 of 86
    Georgia Department of Community Affairs                                                                                                                           2012 Funding Application                                                                                             Office of Affordable Housing


                                 PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                      PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                                                                       DCA COMMENTS
I. OPERATING ASSUMPTIONS                                       Please Note:                 Green-shaded cells are unlocked for your use and contain references/formulas that may be overwritten if needed.    I. OPERATING ASSUMPTIONS
Revenue Growth               2.00%                             Asset Management Fee Amount                               7,500      Yr 1 Asset Mgt Fee Percentage of EGI:                          2.25%
Expense Growth               3.00%                             Incentive Management Fee Amount                               0      Yr 1 Incent Mgt Fee Percentage of EGI:                         #REF!
Reserves Growth              3.00%                             Property Mgt Fee Growth Rate (choose one):                           Yr 1 Prop Mgt Fee Percentage of EGI:                           5.50%
Vacancy & Collection Loss    7.00%                                Expense Growth Rate (3.00%)                                No --> If Yes, indicate Yr 1 Mgt Fee Amt:
Ancillary Income Limit       2.00%                                Percent of Effective Gross Income                         Yes --> If Yes, indicate actual percentage:                              5.500%

II. OPERATING PRO FORMA                                                                                                                                                                                        II. OPERATING PRO FORMA
Year                                      1                2              3             4                5                   6                  7                   8                  9                  10   Years 1 - 10
Revenues                           355,500          362,610        369,862       377,259          384,805             392,501            400,351             408,358            416,525             424,855
Ancillary Income                     3,600            3,672          3,745         3,820            3,897               3,975              4,054               4,135              4,218               4,302
Vacancy                            (25,137)         (25,640)       (26,153)      (26,676)         (27,209)            (27,753)           (28,308)            (28,875)           (29,452)            (30,041)
Other Income (OI)                      -                -              -             -                -                   -                  -                   -                  -                   -
OI Not Subject to Mgt Fee              -                -              -             -                -                   -                  -                   -                  -                   -
Expenses less Mgt Fee             (215,410)        (221,872)      (228,528)     (235,384)        (242,446)           (249,719)          (257,211)           (264,927)          (272,875)           (281,061)
Property Mgmt                      (18,368)         (18,735)       (19,110)      (19,492)         (19,882)            (20,280)           (20,685)            (21,099)           (21,521)            (21,951)
Reserves                           (15,000)         (15,450)       (15,914)      (16,391)         (16,883)            (17,389)           (17,911)            (18,448)           (19,002)            (19,572)
NOI                                 85,185           84,585         83,903        83,137           82,282              81,334             80,290              79,144             77,893              76,533
Mortgage A                         (56,720)         (56,720)       (56,720)      (56,720)         (56,720)            (56,720)           (56,720)            (56,720)           (56,720)            (56,720)
Mortgage B                             -                -              -             -                -                   -                  -                   -                  -                   -
Mortgage C                             -                -              -             -                -                   -                  -                   -                  -                   -
D/S Other Source                       -                -              -             -                -                   -                  -                   -                  -                   -
DCA HOME Cash Resrv.
Asset Mgmt                          (7,500)          (7,500)         (7,500)      (7,500)           (7,500)            (7,500)             (7,500)            (7,500)             (7,500)            (7,500)
DDF                                (20,965)         (20,365)        (19,683)     (18,917)          (18,062)           (17,114)            (16,070)           (14,924)            (13,673)           (12,313)
Cash Flow                              -                -               -            -                 -                  -                   -                  -                   -                  -
DCR Mortgage A                        1.50             1.49            1.48         1.47              1.45               1.43                1.42               1.40                1.37               1.35
DCR Mortgage B
DCR Mortgage C
DCR Other Source
Oper Exp Coverage Ratio               1.34            1.33            1.32          1.31             1.29                1.28               1.27                1.26               1.25                1.24
Mortgage A Balance                 669,768         663,053         655,816       648,018          639,614             630,558            620,798             610,281            598,947             586,734
Mortgage B Balance
Mortgage C Balance
Other Source Balance
Grnt fr Fdn/Char Balance               -               -               -             -                 -                  -                   -                  -                   -                   -
DDF Balance                        160,892         140,527         120,845       101,928            83,866             66,753              50,683             35,759              22,086               9,773




    b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                      Part VII-Pro Forma                                                                                                                 49 of 86
    Georgia Department of Community Affairs                                                                                                                                       2012 Funding Application                                                                                                 Office of Affordable Housing


                                 PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                                      PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                                                                                       DCA COMMENTS
I. OPERATING ASSUMPTIONS                                             Please Note:                      Green-shaded cells are unlocked for your use and contain references/formulas that may be overwritten if needed.         I. OPERATING ASSUMPTIONS
Revenue Growth                2.00%                                  Asset Management Fee Amount                                    7,500      Yr 1 Asset Mgt Fee Percentage of EGI:                          2.25%
Expense Growth                3.00%                                  Incentive Management Fee Amount                                    0      Yr 1 Incent Mgt Fee Percentage of EGI:                         #REF!
Reserves Growth               3.00%                                  Property Mgt Fee Growth Rate (choose one):                                Yr 1 Prop Mgt Fee Percentage of EGI:                           5.50%
Vacancy & Collection Loss     7.00%                                     Expense Growth Rate (3.00%)                                     No --> If Yes, indicate Yr 1 Mgt Fee Amt:
Ancillary Income Limit        2.00%                                     Percent of Effective Gross Income                              Yes --> If Yes, indicate actual percentage:                              5.500%

II. OPERATING PRO FORMA                                                                                                                                                                                                        II. OPERATING PRO FORMA
Year                                     11               12                   13              14                  15                  16                 17                  18                 19                  20        Years 11 - 20
Revenues                           433,353          442,020              450,860         459,877             469,075             478,456            488,025             497,786            507,742             517,896
Ancillary Income                     4,388            4,476                4,566           4,657               4,750               4,845              4,942               5,041              5,142               5,245
Vacancy                            (30,642)         (31,255)             (31,880)        (32,517)            (33,168)            (33,831)           (34,508)            (35,198)           (35,902)            (36,620)
Other Income (OI)                      -                -                    -               -                   -                   -                  -                   -                  -                   -
OI Not Subject to Mgt Fee              -                -                    -               -                   -                   -                  -                   -                  -                   -
Expenses less Mgt Fee             (289,493)        (298,178)            (307,123)       (316,337)           (325,827)           (335,602)          (345,670)           (356,040)          (366,721)           (377,723)
Property Mgmt                      (22,390)         (22,838)             (23,295)        (23,761)            (24,236)            (24,721)           (25,215)            (25,720)           (26,234)            (26,759)
Reserves                           (20,159)         (20,764)             (21,386)        (22,028)            (22,689)            (23,370)           (24,071)            (24,793)           (25,536)            (26,303)
NOI                                 75,057           73,462               71,741          69,891              67,905              65,778             63,504              61,076             58,490              55,737
Mortgage A                         (56,720)         (56,720)             (56,720)        (56,720)            (56,720)            (56,720)           (56,720)            (56,720)           (56,720)            (56,720)
Mortgage B                             -                -                    -               -                   -                   -                  -                   -                  -                   -
Mortgage C                             -                -                    -               -                   -                   -                  -                   -                  -                   -
D/S Other Source                       -                -                    -               -                   -                   -                  -                   -                  -                   -
DCA HOME Cash Resrv.
Asset Mgmt                            (7,500)        (7,500)               (7,500)        (7,500)              (7,500)             (7,500)            (7,500)             (7,500)             (7,500)            (7,500)
DDF                                   (9,773)           -                     -              -                    -                   -                  -                   -                   -                  -
Cash Flow                              1,064          9,241                 7,521          5,671                3,685               1,558               (716)             (3,144)             (5,730)            (8,484)
DCR Mortgage A                          1.32           1.30                  1.26           1.23                 1.20                1.16               1.12                1.08                1.03               0.98
DCR Mortgage B
DCR Mortgage C
DCR Other Source
Oper Exp Coverage Ratio               1.23            1.21                  1.20           1.19                 1.18                1.17               1.16                1.15               1.14                1.13
Mortgage A Balance                 573,573         559,389               544,105        527,634              509,884             490,757            470,144             447,931            423,994             398,199
Mortgage B Balance
Mortgage C Balance
Other Source Balance
Grnt fr Fdn/Charity Balance              -                 -                  -              -                     -                   -                   -                  -                   -                  -
DDF Balance                                  (0)               (0)                (0)            (0)                   (0)                 (0)                 (0)                (0)                 (0)                (0)




    b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                 Part VII-Pro Forma                                                                                                                      50 of 86
    Georgia Department of Community Affairs                                                                                                                           2012 Funding Application                                                                                              Office of Affordable Housing


                                 PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                       PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                                                                        DCA COMMENTS
I. OPERATING ASSUMPTIONS                                       Please Note:                 Green-shaded cells are unlocked for your use and contain references/formulas that may be overwritten if needed.     I. OPERATING ASSUMPTIONS
Revenue Growth                2.00%                            Asset Management Fee Amount                               7,500      Yr 1 Asset Mgt Fee Percentage of EGI:                          2.25%
Expense Growth                3.00%                            Incentive Management Fee Amount                               0      Yr 1 Incent Mgt Fee Percentage of EGI:                         #REF!
Reserves Growth               3.00%                            Property Mgt Fee Growth Rate (choose one):                           Yr 1 Prop Mgt Fee Percentage of EGI:                           5.50%
Vacancy & Collection Loss     7.00%                               Expense Growth Rate (3.00%)                                No --> If Yes, indicate Yr 1 Mgt Fee Amt:
Ancillary Income Limit        2.00%                               Percent of Effective Gross Income                         Yes --> If Yes, indicate actual percentage:                              5.500%

II. OPERATING PRO FORMA                                                                                                                                                                                         II. OPERATING PRO FORMA
Year                                     21               22             23            24               25                  26                 27                  28                 29                  30    Years 21 - 30
Revenues                           528,254          538,819        549,596       560,588          571,799             583,235            594,900             606,798            618,934             631,313
Ancillary Income                     5,349            5,456          5,566         5,677            5,790               5,906              6,024               6,145              6,268               6,393
Vacancy                            (37,352)         (38,099)       (38,861)      (39,639)         (40,431)            (41,240)           (42,065)            (42,906)           (43,764)            (44,639)
Other Income (OI)                      -                -              -             -                -                   -                  -                   -                  -                   -
OI Not Subject to Mgt Fee              -                -              -             -                -                   -                  -                   -                  -                   -
Expenses less Mgt Fee             (389,054)        (400,726)      (412,748)     (425,130)        (437,884)           (451,021)          (464,551)           (478,488)          (492,843)           (507,628)
Property Mgmt                      (27,294)         (27,840)       (28,397)      (28,964)         (29,544)            (30,135)           (30,737)            (31,352)           (31,979)            (32,619)
Reserves                           (27,092)         (27,904)       (28,742)      (29,604)         (30,492)            (31,407)           (32,349)            (33,319)           (34,319)            (35,348)
NOI                                 52,811           49,706         46,414        42,928           39,238              35,339             31,223              26,878             22,297              17,471
Mortgage A                         (56,720)         (56,720)       (56,720)      (56,720)         (56,720)            (56,720)           (56,720)            (56,720)           (56,720)            (56,720)
Mortgage B                             -                -              -             -                -                   -                  -                   -                  -                   -
Mortgage C                             -                -              -             -                -                   -                  -                   -                  -                   -
D/S Other Source                       -                -              -             -                -                   -                  -                   -                  -                   -
DCA HOME Cash Resrv.
Asset Mgmt                          (7,500)          (7,500)         (7,500)      (7,500)           (7,500)            (7,500)             (7,500)            (7,500)             (7,500)            (7,500)
DDF                                (20,965)         (20,965)        (20,965)     (20,965)          (20,965)           (20,965)            (20,965)           (20,965)            (20,965)           (20,965)
Cash Flow                          (32,374)         (35,479)        (38,771)     (42,257)          (45,947)           (49,846)            (53,962)           (58,307)            (62,888)           (67,714)
DCR Mortgage A                        0.93             0.88            0.82         0.76              0.69               0.62                0.55               0.47                0.39               0.31
DCR Mortgage B
DCR Mortgage C
DCR Other Source
Oper Exp Coverage Ratio               1.12            1.11            1.10          1.09             1.08                1.07               1.06                1.05                1.04                 1.03
Mortgage A Balance                 370,401         340,445         308,163       273,375          235,887             195,488            151,953             105,039              54,482                    0
Mortgage B Balance
Mortgage C Balance
Other Source Balance
Grnt fr Fdn/Charity Balance            -                -               -            -                -                   -                  -                   -                  -                   -
DDF Balance                        (20,965)         (41,929)        (62,894)     (83,859)        (104,824)           (125,788)          (146,753)           (167,718)          (188,682)           (209,647)




    b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                      Part VII-Pro Forma                                                                                                                  51 of 86
      Georgia Department of Community Affairs                                                                                                                                                    2012 Funding Application                                                                                            Office of Affordable Housing


                                         PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County                                                                                                        PART SEVEN - OPERATING PRO FORMA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                                                                                                 DCA COMMENTS
I. OPERATING ASSUMPTIONS                                                      Please Note:                             Green-shaded cells are unlocked for your use and contain references/formulas that may be overwritten if needed.   I. OPERATING ASSUMPTIONS
Revenue Growth                       2.00%                                    Asset Management Fee Amount                                           7,500      Yr 1 Asset Mgt Fee Percentage of EGI:                          2.25%
Expense Growth                       3.00%                                    Incentive Management Fee Amount                                           0      Yr 1 Incent Mgt Fee Percentage of EGI:                         #REF!
Reserves Growth                      3.00%                                    Property Mgt Fee Growth Rate (choose one):                                       Yr 1 Prop Mgt Fee Percentage of EGI:                           5.50%
Vacancy & Collection Loss            7.00%                                       Expense Growth Rate (3.00%)                                            No --> If Yes, indicate Yr 1 Mgt Fee Amt:
Ancillary Income Limit               2.00%                                       Percent of Effective Gross Income                                     Yes --> If Yes, indicate actual percentage:                              5.500%

II. OPERATING PRO FORMA                                                                                                                                                                                                                  II. OPERATING PRO FORMA
III. Applicant Comments & Clarifications                                                                                                   IV. DCA Comments

The Incentive Management Fee will be limited to the lesser of (i) 12% of effective gross income, inclusive of the property management
fee, or (ii) 90% of available cash flow after payment of the deferred developer fee.

The deferred developer fee is estimated to be repaid at least within 11 years of operations beginning, and possibly earlier upon release
of any unused rent-up reserve proceeds not transferred to the operating deficit reserve.



                                                                                                                                                                                                                                         NOTE: Row size may be increased or decreased as needed. Press and hold Alt-Enter to start new
                                                                                                                                                                                                                                         paragraphs in the same box.




      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                                                                               Part VII-Pro Forma                                                                                                                52 of 86
         Georgia Department of Community Affairs                                               2012 Funding Application                                                 Office of Affordable Housing
                            PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                  Applicant   DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
DCA's Comments / Approval Conditions:
1.)


2.)
                                                                                                                                                      Please increase
3.)
                                                                                                                                                      or decrease row
                                                                                                                                                      size as needed.
4.)

5.)

6.)

7.)


8.)

9.)
                                                                                                                                                      Please increase
10.)
                                                                                                                                                      or decrease row
                                                                                                                                                      size as needed.
11.)

12.)

13.)

14.)

15.)


16.)
                                                                                                                                                      Please increase
17.)
                                                                                                                                                      or decrease row
                                                                                                                                                      size as needed.
18.)

19.)


20.)




         b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                    Part VIII-Threshold Criteria                                                                 53 of 86
           Georgia Department of Community Affairs                                                                                        2012 Funding Application                                                                                 Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                                 Applicant             DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
1   PROJECT FEASIBILITY, VIABILITY ANALYSIS, AND CONFORMANCE WITH PLAN                                                                                                         Pass?

    A. Are any commitments submitted as “Under Consideration” which need final approval before July 13, 2012?                                                                      A)       No
    B. If yes, then state the applicable financial assistance/funding:                                                       << Select >>
    Applicant's comments regarding this section of Threshold:
                                                                                                                                                                                                                      Row size may be increased.
    DCA's Comments:
                                                                                                                                                                                                                      Row size may be increased.



2   TENANCY CHARACTERISTICS                                                                                                                                                    Pass?
        This project is designated as:                                                                           HFOP                                                                      Yes
    Applicant's comments regarding this section of Threshold:                                                  DCA's Comments:
Applicant will lease all units to persons of age 55 and better.

3   REQUIRED SERVICES                                                                                                                                                          Pass?

     A. Applicants certify that all selected services will meet QAP policies. Does Applicant agree?                                                                                       Agree
    B. Specify below at least 1 basic ongoing service from categories listed below for Family projects, or at least a total of 2 basic ongoing services from different categories listed below for Senior projects:
         1) Social and recreational programs planned and overseen by project mgr                                                                                                    1)      Yes
         2) Semi-monthly classes conducted on site                                                                                                                                  2)      Yes
         3) Other service approved by DCA                                                                               3)
    Applicant's comments regarding this section of Threshold:
Property Manager providers several schedule events for residents of the community, including pot-luck lunches, holiday parties, health screenings, and financial advisory services.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                               Part VIII-Threshold Criteria                                                                                               54 of 86
           Georgia Department of Community Affairs                                                                                        2012 Funding Application                                  Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                              Applicant     DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
4   MARKET FEASIBILITY                                                                                                                                                      Pass?

     A. Provide the name of the market study analyst used by applicant:                                                              A.   Real Property Research Group
     B. Project absorption period to reach stabilized occupancy                                                                      B.   6 - 7 months (pg ix)
     C. Stabilization period                                                                                                         C.   6 - 7 months (pg ix)
     D. Overall capture rate for credit units                                                                                        D.   16.4% (pg. xi)
     E. List DCA tax credit projects (inside a 2-mile radius for urban or, for rural, the greater of a 10-mile radius or the local
                                                                                                                                                                               E.   Yes
        jurisdiction) for years 2009 - 2011. Include both DCA project number and project name in each case.
             Project Nbr Project Name                                                  Project Nbr Project Name                                          Project Nbr Project Name
          1 2010-045 Harmony Greene                                                3                                                                 5
          2                                                                        4                                                                 6
     F. Does the unit mix/rents and amenities included in the application match those provided in the market study?                                                            F.   Yes
    Applicant's comments regarding this section of Threshold:



    DCA's Comments:



5   APPRAISALS                                                                                                                                                              Pass?

     A. Is there is an identity of interest between the buyer and seller of the project?                                                                                       A.   No
     B. Is an appraisal included in this application submission?                                                                                                               B.   No
            If an appraisal is included, indicate Appraiser's Name and answer the following questions:         Appraiser's Name:
         1) Does it include the “as is” value, "as built/as complete" (encumbered), "as built/ as complete" (unencumbered) values of the proposed subject property             1)
            and tax credit value?
          2) Does the “as is” value delineate the value of the land and building?                                                                                              2)
          3) For LIHTC projects involving DCA HOME funds, does the total hard cost of the project exceed 90% of the as completed unencumbered appraised                        3)
             value of the property?
    C. If an identity of interest exists between the buyer and seller, did the seller purchase this property within the past three (3) years?                                  C.   No
    D. Has the property been:
        1) Rezoned?                                                                                                                                                            1)   No
        2) Subdivided?                                                                                                                                                         2)   No
        3) Modified?                                                                                                                                                           3)   No
    Applicant's comments regarding this section of Threshold:
No appraisal is required per the 2012 QAP as the deal is not financed by HOME proceeds, nor do the Buyer and Seller have an identify of interest.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                              Part VIII-Threshold Criteria                                                 55 of 86
          Georgia Department of Community Affairs                                                                                      2012 Funding Application                                                                      Office of Affordable Housing
                                PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                               Applicant        DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
6   ENVIRONMENTAL REQUIREMENTS                                                                                                                                               Pass?

     A. Name of Company that prepared the Phase I Assessment:                                                                      A. KAW Valley Engineering, Inc.
     B. Is a Phase II Environmental Report included?                                                                                                                             B.   No
     C. Was a Noise Assessment performed?                                                                                                                                        C.   Yes
         1) If "Yes", name of company that prepared the noise assessment?                                                          1) Coffeen Fricke & Associates, Inc.
         2) If "Yes", provide the maximum noise level on site in decibels:                                                                                                       2)   62 dB
         3) If "Yes", what are the contributing factors in decreasing order of magnitude?
            Roadway (S. Rogers Street at 62 dB), and Aircraft and Railroad (both at 55 dB).
     D. Is the subject property located in a:                                                                                                                                    D.
         1) Brownfield?                                                                                                                                                          1)    No
         2) 100 year flood plain / floodway?                                                                                                                                     2)    No
            If "Yes":                 a) Percentage of site that is within a floodplain:                                                                                         a)
                                      b) Will any development occur in the floodplain?                                                                                           b)
                                       c) Is documentation provided as per Threshold criteria?                                                                                   c)
         3) Wetlands?                                                                                                                                                            3)    No
            If "Yes":                 a) Enter the percentage of the site that is a wetlands:                                                                                    a)
                                      b) Will any development occur in the wetlands?                                                                                             b)
                                       c) Is documentation provided as per Threshold criteria?                                                                                   c)
         4) State Waters/Streams/Buffers and Setbacks area?                                                                                                                      4)    No
     E. Has the Environmental Professional identified any of the following on the subject property:
         1) Asbestos?                          No                                 4) Mold?          No                             7) Radon?                                No
         2) Lead-based paint?                  No                                 5) Lead in wtr    No                             8) Endangered species?                   No
         3) Water leaks?                       No                                 6) PCB's?         No                             9) Historic designation?                 No
       10) Other (e.g., Native American burial grounds, etc.):                                   No
     F. Is all additional environmental documentation required for a HOME application included?                                                                                  F.   N/A
         1) Eight-Step Process for Wetlands and/or Floodplains required?                                                                                                         1)
         2) Has Applicant/PE completed the HOME and HUD Environmental Questionnaire?                                                                                             2)
         3) Owner agrees that they must refrain from undertaking any activities that could have an adverse effect on the subject property?                                       3)
     G. If HUD approval has been previously granted, has the HUD Form 4128 been included?                                                                                        G.   N/A
    Applicant's comments regarding this section of Threshold:
The site is an undeveloped, wooded parcel of land with no previous known development causing any concerns regarding potential environmental issues, nor issues from surrounding uses.                   Row size may be increased.
    DCA's Comments:
                                                                                                                                                                                                        Row size may be increased.




          b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                               Part VIII-Threshold Criteria                                                                                  56 of 86
           Georgia Department of Community Affairs                                                                                      2012 Funding Application                                   Office of Affordable Housing
                                  PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                            Applicant     DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
7   SITE CONTROL                                                                                                                                                          Pass?
     A. Is site control provided through November 30, 2012?                                                                                                           A.     Yes
     B. Form of site control:                                                                                                              B. Contract/Option
     C. Name of Entity with site control:                                                                 C. Zimmerman Properties Development, LLC via Jane H. and Anthony H. Abbott as Trustees
    Applicant's comments regarding this section of Threshold:
The Contract / Option is valid through the end of year 2012…December, 31, 2012.
    DCA's Comments:


8   SITE ACCESS                                                                                                                                                           Pass?
     A. Is this site legally accessible by paved roads and are drawings or photographs included showing these roads?                                                         A.   Yes
     B. If access roads are not in place, does the application contain documentation evidencing a local commitment for the funding and the timetable for the                 B.
                                                                                                                                                                                  No
        completion of such paved roads?
     C. If use of private drive proposed, is site control of private drive documented by proof of ownership or by a properly executed easement on private drive, and         C.
                                                                                                                                                                                  No
        are the plans for paving private drive, including associated development costs, adequately addressed in Application?
    Applicant's comments regarding this section of Threshold:
The property will have access directly to the public roadway abutting the site's eastern property line, S. Rogers Street.
    DCA's Comments:


9   SITE ZONING                                                                                                                                                           Pass?
     A. Is Zoning in place at the time of this application submission?                                                                                                       A.   Yes
     B. Does zoning of the development site conform to the site development plan?                                                                                            B.   Yes
     C. Is the zoning confirmed, in writing, by the authorized Local Government official?                                                                                    C.   Yes
        If "Yes":                    1) Is this written confirmation included in the Application?                                                                            1)   Yes
                                     2) Does the letter include the zoning and land use classification of the property?                                                      2)   Yes
                                     3) Is the letter accompanied by a clear explanation of the requirements (copy of the applicable sections of the zoning                  3)   Yes
                                         ordinance for the stated classification)?
                                     4) Is the letter accompanied by all conditions of these zoning and land use classifications?                                            4)   Yes
                                     5) If project is requesting HOME or HUD funds, does Local Government official also comment on whether project will include              5)   No
                                         development of prime or unique farmland?
     D. Is documentation provided (on the Architectural Site Conceptual Development Plan either graphically or in written form) that demonstrates that the site              D.
                                                                                                                                                                                  Yes
        layout conforms to any moratoriums, density, setbacks or other requirements?
     E. Are all issues and questions surrounding the zoning and land use classification clearly defined prior to this application submission?                                E.   Yes
    Applicant's comments regarding this section of Threshold:
The property is zoned R-3A, which allows for multi-family by right within the City of Pooler.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                            Part VIII-Threshold Criteria                                                  57 of 86
           Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                               Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                             Applicant     DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
10 OPERATING UTILITIES                                                                                                                                                     Pass?
     A. Check applicable utilities and enter provider name:                     1) Gas           Not Applicable - all electric                                                1)   No
                                                                                2) Electric      Georgia Power                                                                2)   Yes
     Applicant's comments regarding this section of Threshold:
All appliances and utilities will be electric powered. No gas will be used in the development.
     DCA's Comments:


11 PUBLIC WATER/SANITARY SEWER/STORM SEWER                                                                                                                                 Pass?

    A. 1) Is there a Waiver Approval Letter From DCA included in this application for this criterion as it pertains to single-family detached Rural projects?                A1)   No
        2) If Yes, is the waiver request accompanied by an engineering report confirming the availability of water and the percolation of the soil?                           2)
    B. Check all that are available to the site and enter provider          1) Public water City of Pooler                                                                   B1)   Yes
       name:                                                                2) Public sewer City of Pooler                                                                    2)   Yes
    Applicant's comments regarding this section of Threshold:

    DCA's Comments:


12 LOCAL GOVERNMENT SUPPORT AND COMMUNITY ENGAGEMENT                                                                                                                       Pass?
    Does documentation include:
     A. Evidence of public meetings regarding the proposed project to local government and residents of the community?                                                        A.   Yes
     B. Evidence of presentations regarding the proposed project to local government and residents of the community?                                                          B.   Yes
     C. Resolutions of support from local government officials?                                                                                                               C.   Yes
     D. Letters of support from local government officials?                                                                                                                   D.   Yes
    Applicant's comments regarding this section of Threshold:
The City Council, which includes the Mayor, during their bi-monthly council meeting on the 22nd of May, 2012, unanimously supported our proposed development.                                      Row size may be increased.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                             Part VIII-Threshold Criteria                                                                              58 of 86
        Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                                        Office of Affordable Housing
                              PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                           Applicant            DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
13 REQUIRED AMENITIES                                                                                                                                                    Pass?
  Is there a Pre-Approval Form from DCA included in this application for this criterion?                                                                                             No
   A. Applicant agrees to provide the following required Standard Site Amenities in conformance with the DCA Amenities Guidebook (select one in each category):
       1) Community area (select either community room or community building):                                        A1) Room                                                     Agree
       2) Exterior gathering area (if "Other" is selected, applicant must explain in Comments Section below):         A2) Gazebo                                                   Agree
       3) On site laundry type:                                                                                       A3) Washer and dryer in each unit                            Agree
   B. Applicant agrees to provide the following required Additional Site Amenities to conform with the DCA Amenities Guidebook.                                           B.    Agree
      The nbr of amenities required depends on the total unit count: 1-125 units = 2 amenities, 126+ units = 4 amenities;                                                       Additional Amenities
         Additional Amenities (describe in space provided below)              Guidebook Met? DCA Pre-approved?      Additional Amenities (describe in space provided below) Guidebook Met? DCA Pre-approved?
      1) Equipped Computer Center                                                                                3)
      2) Furnished Exercise / Fitness Center                                                                     4)
   C. Applicant agrees to provide the following required Unit Amenities:                                                                                                    C.     Agree
      1) HVAC                                                                                                                                                               1)      Yes
      2) Refrigerator (Energy Star rated)                                                                                                                                   2)      Yes
      3) Dishwasher (Energy Star rated)                                                                                                                                     3)      Yes
      4) Stove                                                                                                                                                              4)      Yes
      5) a. Powder-based stovetop fire suppression canisters installed above the range cook top, OR                                                                        5a)      Yes
         b. Electronically controlled solid cover plates over stove top burners                                                                                            5b)
  D. Applicant agrees to provide the following additional required Amenities for Senior projects and Special Needs projects:                                                D.     Agree
      1) Elevators are installed for access to all units above the ground floor.                                                                                            1)      Yes
      2) Buildings more than two story construction have interior furnished gathering areas in several locations in the lobbies and/or corridors                            2)      Yes
      3) a. 100% of the units are accessible and adaptable, as defined by the Fair Housing Amendments Act of1988                                                           3a)      Yes
         b. If No, was a DCA Architectural Standards waiver granted?                                                                                                       3b)
  Applicant's comments regarding this section of Threshold:
                                                                                                                                                                                                         Row size may be increased.
  DCA's Comments:


14 REHABILITATION STANDARDS (REHABILITATION PROJECTS ONLY)                                                                                                               Pass?

   A.Type of rehab (choose one):                                                                                               A. <<Select>>                                     <<Select>>
   B.Date of PNA:                                                                                                              B.
   C.Name of consultant preparing PNA:                                                                                         C.
   D.Is 20-year replacement reserve study included?                                                                                                                         D.
   E.Applicant understands that in addition to propose work scope, the project must meet state and local building codes, DCA architectural requirements as set              E.
     forth in the QAP and Manuals, and health and safety codes and requirements. Applicant agrees?
  Applicant's comments regarding this section of Threshold:
                                                                                                                                                                                                         Row size may be increased.
  DCA's Comments:




        b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                              Part VIII-Threshold Criteria                                                                                      59 of 86
          Georgia Department of Community Affairs                                                                                          2012 Funding Application                                                                 Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                               Applicant       DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
15 SITE INFORMATION AND CONCEPTUAL SITE DEVELOPMENT PLAN                                                                                                                     Pass?

    A. Is Conceptual Site Development Plan included in application and has it been prepared in accordance with instructions set forth in Manual?                                A.   Yes
    B. Are all site related amenities required and selected in this application indicated on the Conceptual Site Development Plan?                                              B.   Yes
    Applicant's comments regarding this section of Threshold:
                                                                                                                                                                                                       Row size may be increased.
    DCA's Comments:


16 BUILDING SUSTAINABILITY                                                                                                                                                   Pass?

     A. Applicant agrees that this proposed property must achieve a minimum standard for energy efficiency and sustainable building practices upon construction                 A.
        completion as set forth in the QAP and Manual?                                                                                                                               Agree

     B. Applicant agrees that the final construction documents must clearly indicate all components of the building envelope and all materials and equipment that               B.
        meet the requirements set forth in the QAP and Architectural Manual?                                                                                                         Agree

    Applicant's comments regarding this section of Threshold:
Applicant agrees to construct and development the proposed property in accordance with Enterprise Green standards in excess of required minimums.                                                      Row size may be increased.
    DCA's Comments:


17 ACCESSIBILITY STANDARDS                                                                                                                                                   Pass?
     A. Upon completion, will this project comply with all applicable Federal and State accessibility laws including but not limited to: The Fair Housing                       A.   Yes
        Amendments Act of 1988, Americans with Disabilities Act, Section 504 of the Rehabilitation Act of 1973, Georgia Fair Housing Law and Georgia Access
        Law as set forth in the 2012 Accessibility Manual? When two or more accessibility standards apply, the applicant is required to follow and apply both
        standards so that a maximum accessibility is obtained.
     B. Does this project comply with applicable DCA accessibility requirements detailed in the 2012 Architectural and Accessibility Manuals?                                   B.   Yes
     C. Are at least 5% of the total units equipped for the mobility disabled, including wheelchair restricted residents, and at least 2% of the total units (to be part        C.   Yes
        of this 5%) are equipped with roll-in showers?
     D. Are at least an additional 2% of the total units equipped for hearing and sight-impaired residents?                                                                     D.   Yes
     E. Applicant agrees to arrange for preconstruction plan review and inspection of project by a DCA-qualified consultant 3 times during construction in order to             E.   Yes
        monitor grading operations, framing, and final compliance with accessibility regulations? DCA must be copied on all reviews/reports.
    Applicant's comments regarding this section of Threshold:
                                                                                                                                                                                                       Row size may be increased.
    DCA's Comments:




          b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                Part VIII-Threshold Criteria                                                                                60 of 86
           Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                                       Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                              Applicant            DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
18 ARCHITECTURAL DESIGN & QUALITY STANDARDS                                                                                                                                 Pass?
    Is there a Waiver Approval Letter From DCA included in this application for this criterion?                                                                                     No
    Does this application meet the Architectural Standards contained in the Application Manual for quality and longevity?                                                           Yes
     A. Constructed and Rehabilitation Construction Hard Costs - are the following minimum review standards for rehabilitation projects met or exceeded by this project?
        Rehabilitation projects will be considered for funding only if the per unit rehabilitation hard costs exceed $25,000. The costs of furniture, fixtures,          A.          No
        construction of community buildings and common area amenities are not included in these amounts.


     B. Standard Design Options for All Projects                                                                                                                               B.
        1) Exterior Wall Finishes (select one)   Exterior wall faces will have an excess of 40% brick or stone on each total wall surface                                      1)   Yes

         2) Major Bldg Component Materials &          Fiber cement siding or other 40 year warranty product installed on all exterior wall surfaces not already                2)   Yes
            Upgrades (select one)                     required to be brick
     C. Additional Design Options - not listed above, proposed by Applicant prior to Application Submittal in accordance with Exhibit A DCA Pre-application and                C.
        Pre-Award Deadlines and Fee Schedule, and subsequently approved by DCA.
        1)                                                                                                                                                                     1)    No
        2)                                                                                                                                                                     2)    No
    Applicant's comments regarding this section of Threshold:
The development will include all required design options per the Architectural Manual, plus additional as will be depicted and described in the design plans.                                              Row size may be increased.
    DCA's Comments:


19 QUALIFICATIONS FOR PROJECT PARTICIPANTS (PERFORMANCE)                                                                                                                    Pass?

    Is there a pre-application Qualification of Project Participants Determination from DCA included in this application for this criterion?                                        Yes
    Has there been any change in the Project Team since the initial pre-application submission?                                                                                      No
    DCA's pre-application Qualification of Project's Participants Determination indicated a status of (select one):         Qualified without Conditions
    DCA Final Determination
    Applicant's comments regarding this section of Threshold:
No member of the Project Team has changed since submittal of the pre-application. Only the architect was changed for experience in Georgia, and the general contractor to avoid related party.             Row size may be increased.
    DCA's Comments:


20 COMPLIANCE HISTORY SUMMARY                                                                                                                                               Pass?

     A. Has the principal and entities of each General Partner, Developer, Management Company and Project Consultant(s) submitted a complete and correct                       A.
                                                                                                                                                                                    Yes
        DCA Performance Workbook, which includes the DCA Compliance History Summary Form?
     B. Is the completed compliance questionnaire for each General Partner, Developer, and project consultant(s) included in the Performance Workbook?                         B.   Yes
     C. Is the completed Organizational Chart included in the application?                                                                                                     C.   Yes
     D. Has Applicant included DCA Compliance history form from other state housing agencies (the MultiState Release Form)?                                                    D.
                                                                                                                                                                                    Yes

    Applicant's comments regarding this section of Threshold:

    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                              Part VIII-Threshold Criteria                                                                                     61 of 86
           Georgia Department of Community Affairs                                                                                        2012 Funding Application                                      Office of Affordable Housing
                                  PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                               Applicant        DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
21 ELIGIBILITY FOR CREDIT UNDER THE NON-PROFIT SET-ASIDE                                                                                                                     Pass?
     A. Name of Qualified non-profit:                                                                         A.
     B. Is the organization a qualified non-profit, defined as a 501(c)(3) or 501(c)(4) organization, which is not affiliated with nor controlled by a for-profit               B.
        organization and has included the fostering of low income housing as one of its tax-exempt purposes?
     C. Does the qualified non-profit materially participate in the project as described in IRC Section 469(h)?                                                                 C.
     D. Does the qualified non-profit own at least 51% of the GP's interest in the project and is the managing general partner of the ownership entity?                         D.
     E. Is this entity a corporation with 100 percent of its stock held by one or more qualified non-profit organizations at all times during its existence?                    E.
     F. Does the non-profit receive a percentage of the developer fee greater than or equal to its percentage of its ownership interest?                                        F.
     G. Is a copy of the GP joint venture agreement that indicates non-profit's general partnership interest and developer fee amount included in application?                  G.
    Applicant's comments regarding this section of Threshold:
The application is not being submitting under the non-profit set-aside.
    DCA's Comments:


22 ELIGIBILITY FOR CREDIT UNDER THE PRESERVATION SET-ASIDE                                                                                                                   Pass?
    Indicate all that apply to the proposed project.
     A. Eligible                                                                                                                                                                A.
        1) An existing tax credit property which has met or will meet the 15-year Compliance Period prior to the earlier of the date of acquisition by the new                  1)
            development owner or the end of the year of the carryover allocation.
        2) Projects under development by a local public housing authority using replacement housing factor (RHF) funds or a loan secured by the assets and/or                   2)
            capital funds of the PHA as the primary source of financing.
        3) Projects that have a project-based Section 8 contract but are eligible to opt out of that contract with a one-year notice to tenants. To be eligible to opt          3)
            out, the Contract must be out of its original term and in a renewal period of 5 years or less.
        4) Existing HUD 236 projects. The Interest Reduction Payment (IRP) must be decoupled from the Section 236 agreement if housing credits are awarded                      4)
            (exceptions permitted on case-by-case basis). The affordability requirements of the Section 236 agreement must also be maintained for the property.
        5) Any other affordable non-public housing project that has existing funding from HUD, is severely deteriorated and has been designated by HUD as a                     5)
            preservation project that is in danger of losing its affordability.
     B. Ineligible                                                                                                                                                              B.
         1) Outstanding or uncured major non-compliance issues                                                                                                                           1)
         2) Functional obsolescence                                                                                                                                                      2)
         3) Rehabilitation will cause a 10% increase or greater in rents                                                                                                                 3)
         4) Property is in substantially good condition and does not need immediate recapitalization                                                                                     4)
         5) Poor condition of the property is the result of the willful deferral of maintenance by the owner                                                                             5)
         6) Rehabilitation will result in a loss of units                                                                                                                                6)
         7) Units are not at risk of losing affordability if converted to market units                                                                                                   7)
         8) Primary purpose is to subsidize an ownership transfer                                                                                                                        8)
    Applicant's comments regarding this section of Threshold:
The application is not being submitting under the preservation set-aside.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                               Part VIII-Threshold Criteria                                                    62 of 86
           Georgia Department of Community Affairs                                                                                          2012 Funding Application                                                                    Office of Affordable Housing
                                  PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                                  Applicant        DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
23 ELIGIBILITY FOR HOME LOANS UNDER THE CHDO SET-ASIDE                                                                                                                          Pass?
     A. Name of CHDO:                                                                              Name of CHDO Managing GP:
     B. Is a copy of the State CHDO pre-qualification/renewal letter included in the Application?                                                                                  B.
     C. Is the CHDO either the sole general partner of the ownership entity or the managing general partner of the ownership entity?                                               C.
     D. If the CHDO is a GP with a for-profit or non-profit general partner, does the CHDO own at least 51% of the general partnership interest?                                   D.
     E. Does the CHDO (or a wholly owned or controlled affiliate) receive a percentage of the Developer Fee greater than or equal to the percentage of ownership                   E.
        interest?
     F. Is a copy of the GP/joint venture agreement indicating CHDO’s GP interest and its share (or the share of the wholly owned and controlled affiliate) of                     F.
        Developer Fee included in Application?
     G. Do all parties understand that the CHDO must exercise effective control of the partnership throughout the period of affordability?                                         G.
    Applicant's comments regarding this section of Threshold:
The application is not being submitting under the CHDO set-aside.
    DCA's Comments:


24 ADDITIONAL HUD REQUIREMENTS                                                                                                                                                  Pass?
     A. The Census Tract for the property is characterized as [Choose either Minority concentration (50% or more minority), Racially                    A.         <<Select>>               <<Select>>
        mixed (25% - 49% minority), or Non-minority (less than 25% minority)]:
     B. List all contiguous Census Tracts:                    B.
     C. Is Contract Addendum included in Application?                                                                                                                              C.
    Applicant's comments regarding this section of Threshold:
The proposed development is not subject to the QAP additional HUD requirements listed above.                                                                                                               Row size may be increased.
    DCA's Comments:


25 REQUIRED LEGAL OPINIONS                              State legal opinions included in application using boxes provided.                                                      Pass?
     A. Credit Eligibility for Acquisition                                                                                                                                         A.    No
     B. Credit Eligibility for Assisted Living                                                                                                                                     B.    No
     C. Non-profit Federal Tax Exempt Status                                                                                                                                       C.    No
     D. Scattered Site Developments                                                                                                                                                D.    No
      E. Other (If Yes, then also describe):                       E.                                                                                                                    No
     Applicant's comments regarding this section of Threshold:
Per the QAP, the application is not subject to any specific legal opinions at this time.
     DCA's Comments:


26 GEORGIA HOUSING SEARCH                                                                                                                                                       Pass?
     A. Applicant agrees that if Application is selected for funding, then the Applicant will list all of its existing developments in the Georgia Housing Search within           A.
                                                                                                                                                                                        Agree
        six months of selection. I agree.
     B. Has Applicant registered all available affordable Housing Units previously funded by DCA on the Georgia Housing Search website?                                            B.    N/a
    Applicant's comments regarding this section of Threshold:                                                         DCA's Comments:
The applicant does not own any units located in Georgia.




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                 Part VIII-Threshold Criteria                                                                                  63 of 86
          Georgia Department of Community Affairs                                                                                           2012 Funding Application                                                                       Office of Affordable Housing
                                 PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                                Applicant       DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
27 RELOCATION AND DISPLACEMENT OF TENANTS                                                                                                                                     Pass?
     A. Does the Applicant anticipate displacing or relocating any tenants?                                                                                                      A.    No
     B. 1) Are any of the sources other than DCA HOME considered to be Federal Funding?                                                                                         B1)    No
        If Yes, applicant will need to check with the source of these funds to determine if this project will trigger the Uniform Relocation Act or 104(d).
        2) Will any funding source used trigger the Uniform Relocation Act or HUD 104 (d) requirements?                                                                          2)    No
     C. Is sufficient comparable replacement housing identified in the relocation plan according to DCA relocation requirements?                                                 C.
     D. Provide summary data collected from Relocation Displacement Spreadsheet:
        1) Number of Over Income Tenants                N/A                                  4) Number of Down units                                          N/A
        2) Number of Rent Burdened Tenants              N/A                                  5) Number of Displaced Tenants                                   N/A
        3) Number of Vacancies                          N/A
     E. Indicate Proposed Advisory Services to be used (see Relocation Manual for further explanation):
        1) Individual interviews                                                             3) Written Notifications
        2) Meetings                                                                          4) Other - describe in box provided:
    Applicant's comments regarding this section of Threshold:
There will be NO relocation or displacement of tenants due to the proposed development, therefore items C, D, and E have not been answered as all are "N/A"
    DCA's Comments:



28 MARKETING TO POPULATIONS WITH DISABILITIES OR THE HOMELESS                                                                                                                 Pass?
     A. If selected, does the Applicant agree to prepare and submit a Marketing plan incorporating outreach efforts to each service provider, homeless shelter or                A.   Agree
        local disability advocacy organization in the county in which the project is located?
     B. If selected, does the Applicant agree to prepare and submit a Marketing plan which affirmatively markets to persons with disabilities and the homeless?                  B.   Agree

     C. If selected, does the Applicant agree to prepare and submit a Marketing plan which establishes and maintains relationships between the management                        C.   Agree
        agent and community service providers?
     D. If selected, does the Applicant agree to prepare and submit a Marketing plan that includes a referral and screening process that will be used to refer                   D.   Agree
        tenants to the projects, the screening criteria that will be used, and makes reasonable accommodations to facilitate the admittance of persons with
        disabilities or the homeless into the project?
     E. If selected, does the Applicant agree to provide reasonable accommodation for these tenants in the Property Management’s tenant application? Leasing                     E.   Agree
        criteria must clearly facilitate admission and inclusion of Targeted Population tenants and must not violate federal or state fair housing laws.
     F. If selected, does the Applicant agree to designate these populations as having priority for units with rental assistance if allowable under their rental                 F.   Agree
        assistance agreements?
    Applicant's comments regarding this section of Threshold:
The applicant agrees to direct property management to work with the local housing authority to help service the needs of tenants with disabilities in the area.                                               Row size may be increased.
    DCA's Comments:


29 OPTIMAL UTILIZATION OF RESOURCES                                                                                                                                           Pass?
     Applicant's comments regarding this section of Threshold:
The applicant chose NOT to apply for DCA HOME funds as the market study dictated sufficient demand and rents to make the property financially feasible and viable without HOME monies. The amount of
tax credits requested, even with the proposed State Designated Basis Boost, is on par with the average request per unit from prior years as well. The applicant felt pursuing, or requesting DCA HOME funds
would have been mainly for the purpose of "chasing points" and therefore, per the 2012 QAP, Section 6.G..."Applicants that appear to be requesting HOME funds for point purposes and do no show a clear       Row size may be increased.
need will not receive a consent."...the applicant did not see any reason to make the request given no clear need was apparent.
    DCA's Comments:




        (Select a unit amenity from options provided here)                                        (Select an amenity from options provided here)
        Microwave Oven in every unit                                                              <<Select>>

          b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                 Part VIII-Threshold Criteria                                                                                      64 of 86
      Georgia Department of Community Affairs                                                                                          2012 Funding Application                                                                                                    Office of Affordable Housing
                             PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                              Applicant             DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
    In-sink disposal in every unit                                                           Arts & Crafts / Activity Center
    Built in dishwasher in every unit                                                        Attractively fenced community gardens
    Installed call system in all units                                                       Baseball Field
    High-speed internet access No Cost                                                       Beauty Parlor
    High-speed internet access Low Cost                                                      Complete built-in fire sprinkler system
                                                                                             Covered pavilion w/ picnic/barbecue facilities
    <<Select>>                                                                               Equipped Computer Center
    Construction of on-site access road req'd for property access                            Equipped Playground
    Construction of off-site access road req'd for property access                           Equipped soccer field
    Development of parks on a master plan development site                                   Equipped walking path w/exercise stations or sitting areas
    Development of green space on a master plan development site                             Furnished Exercise/Fitness Center
    Development of walking trails on a master plan development site                          Furnished Library
    Development of YMCA center                                                               Movie Theater
    Development of youth center                                                              Putting Green
    Development of senior center                                                             Shuffleboard Court
    Construction of sidewalks adjacent to the property                                       Swimming Pool
    Construction of streetscape adjacent to the property                                     Tennis court
    Construction of sidewalks and streetscape adjacent to the property                       Wellness Center
    Other (See comments)

    Additional Required Project Amenities for 4% Tax Credit Projects
    <<Select>>
    Microwave Oven in every unit
    In-sink disposal in every unit
    Built in dishwasher in every unit
    Installed call system in all units, including a buzzer and light to the exterior
    High-speed internet access
    Attractively fenced community gardens
    Equipped soccer field
    Tennis court
    Equipped walking path with exercise stations or sitting areas
    Retention pond / fountain
    Equipped playground
    Covered pavilion with picnic/barbecue facilities to encourage community or family reunion type functions
    Furnished Children’s Activity center
    Furnished Library
    Equipped Computer Center
    Furnished Exercise/Fitness Center
    Furnished sitting areas by elevators
    Swimming Pool
    Complete built-in fire sprinkler system in every unit and the community center, including an exterior audio and visual alarm system

    Energy Standards
    (Select an energy standard from options provided here)
    EPA Energy Star Program construction and certification:
    Southface Energy Institute's Earth Craft House construction and certification
    US Green Building Council's LEED For Homes construction and certification
    Enterprise Foundation's Green Communities standard of construction and certification
    Locate HVAC ductwork in conditioned spaces
    Exterior envelope wall systems, including the rim (band) joist spaces, to be insulated
    Attic insulation to R-38
    ARI rated furnace (90% AFUE) or heat pump (HSPF 8.0 for both HP 2 ton and HP 1.5 ton units)
    ARI rated SEER 14 cooling equipment with sensible heat ratio less than 0.75
    Locate HVAC ductwork in conditioned spaces
    Installation of at least two plumbing fixture types having lower flow rates than NEPA standards
    Installation of Energy star “Advanced Lighting Package” throughout the property
    HVAC system designed for controlled introduction of outside air per ASHRAE 62.2
    Installation of common area lighting with Energy star rating and controlled with either photocells or timers
    Combustion equipment isolated in a sealed combustion closet that is vented from outside building envelope
    Kitchen range hood ventilation to be ducted to the exterior and equipped with a damper                  Major Bldg Component Materials & Upgrades
    Energy star ceiling fans in living rooms, sunrooms and all bedrooms                                     <<Select materials>>
    Energy star bath exhaust fan with timer and humidistat control                                          Fiber cement siding or other 40 year warranty product installed on all exterior wall surfaces not already required to be brick
    Front Loading washers in Community Laundry                                                              Upgraded roofing shingles, or roofing materials (warranty 30 years or greater)

    Landscaping and Site Design Features                                                                   Exterior Wall Finishes and Major Building Component Materials and Upgrades
    <<Select landscaping or site design feature>>                                                          <<Select exterior material /finish upgrade choice from options provided here>>
    Preservation of existing trees and vegetation                                                          Exterior wall faces will have an excess of 40% brick or stone on each total wall surface
    Substantial replanting of trees and integrated vegetation                                              Rehab of bldgs eligible for historic preservation credits will maintain or replace w/matching materials, the existing/original exterior finish surfaces
    Site entry w/ permanent, illuminated entry sign and decorative fence                                   Rehab of bldgs w/out existing brick/stone over 40% (& ineligible for historic credits) will replace & upgrade existing exterior finish surfaces on all wall faces w/brick or product w/40 yr warranty

      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                Part VIII-Threshold Criteria                                                                                                                             65 of 86
      Georgia Department of Community Affairs                                                                                      2012 Funding Application                                                                                               Office of Affordable Housing
                            PART EIGHT - THRESHOLD CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
Preliminary Rating: Incomplete                                                                                                                                         Applicant             DCA USE
FINAL THRESHOLD DETERMINATION (DCA Use Only)
    Freestanding shelters                                                                                For single family units, the total building envelope will have 35% minimum brick coverage; remaining 65% will be fiber cement siding or stucco
                                                                                                         Attractive Features
                                                                                                         <<Select attractive features>>
                                                                                                         Recreation of existing or missing known historic decorative elements
                                                                                                         Addition of decorative elements
                                                                                                         Addition of or the redesign of existing covered entries
                                                                                                         Addition of new or redesign of existing durable attractive stair and railing elements

    Unit Amenities                                                                                             Site Amenities
    (Select an amenity from options provided here)                                                             (Select an amenity from options provided here)
    Microwave Oven in every unit                                                                               Attractively fenced community gardens
    In-sink disposal in every unit                                                                             Equipped play court (basketball, volleyball, shuffleboard or tennis) as appropriate
    Built in dishwasher in every unit                                                                          Equipped walking path with exercise stations or sitting areas
    Washer/dryer hookups in all units in addition to required central laundry                                  Picnic area equipped with adequate picnic tables and grills
    Washers and dryers are installed and maintained in every unit at no additional cost to tenants             Equipped playground (Must include minimum of three different pieces of equipment)
                                                                                                               Tot lot (fenced and equipped with a minimum of three pieces of equipment)
    Installed call system in all units, including a buzzer and light to the exterior (basic amenity for senior projects)
    High-speed internet access (see QAP requirements)                                                          Large open playing fields (of at least 5,000 square feet) (Family projects only)
                                                                                                               Covered pavilion with picnic/barbecue facilities to encourage community or family reunion type functions
                                                                                                               Furnished Children’s Activity center (must have furnishings, TV, educational media and recreational equipment)
                                                                                                               Furnished Library (must include sitting areas, tables, periodicals, adequate reference materials)
                                                                                                               Equipped Computer Center (must have high-speed internet access for every computer, and one computer and printer for every 25 units)
                                                                                                               Swimming Pool
                                                                                                               Furnished Exercise/Fitness Center
                                                                                                               Complete built-in fire sprinkler system in every unit and the community center, including an exterior audio and visual alarm system

       Additional Requirements and Amenities for Senior projects




      b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                             Part VIII-Threshold Criteria                                                                                                             66 of 86
           Georgia Department of Community Affairs                                                                     2012 Funding Application                                                                            Office of Affordable Housing
                                    PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                           Score         Self DCA
                                                                                                                                                                                           Value        Score Score
                                                                                                                                                                            TOTALS:        102           50    13
1. APPLICATION COMPLETENESS/ORGANIZATION                                         (Applicants start with 10 pts. Any points entered will be subtracted from score value)                     10           10    10          X
    A. Missing or Incomplete Documents                 Number:   0               For each missing or incomplete document, one (1) point will be deducted                                     7     A.     0
    B. Financial and Other Adjustments                 Number:   0               1-3 adjustments/revisions = one (1) pt deduction total; then (1) pt deducted for each add'l adjustment.     0     B.     0
    C. Organization                                    Number:   0               One (1) pt deducted if not organized in DCA format and/or required document not in correct tab.             1     C.     0
Applicant's comments regarding this section of scoring:
                                                                                                                                                                                                                        Row size may be increased.
DCA's Comments:                               Enter "1" for each item                                                                       Enter "1" for each item                           Enter "1" for each item
A. Missing / incomplete documents:            Nbr        0        B. Financial adjustments/revisions requested:                           Nbr          0          C. Documents not organized correctly: Nbr      0
1                                                                 1                                                                                               1
                                                                                                                                                                                                                        Row size may be increased.
2                                                                2                                                                                                     2

3                                                                3                                                                                                     3

4                                                                4                                                                                                     4

5                                                                5                                                                                                     5

6                                                                6                                                                                                     6

7                                                                7                                                                                                     7

8                                                                8                                                                                                     8

9                                                                9                                                                                                     9

10                                                               10                                                                                                    10

11                                                               11                                                                                                    11

12                                                               12                                                                                                    12




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                             Part IX A-Scoring Criteria                                                                                          67 of 86
            Georgia Department of Community Affairs                                                                         2012 Funding Application                                                                                        Office of Affordable Housing
                                      PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                      Score           Self DCA
                                                                                                                                                                                                      Value          Score Score
                                                                                                                                                                               TOTALS:                102             50        13
2. DEEPER TARGETING / RENT AND INCOME RESTRICTIONS                                                                                                                                                     4               3         3          X * * Check Score! * *
 A. Deeper Targeting through Rent Restrictions                      Nbr units to have these restrictions:            15                Percent of Residential Units:               25.00%              3               Min      15.00%
 B. Deeper Targeting through new PBRA Contracts                     Nbr units to have PBRA for 10+ yrs:              0                 Percent of Residential Units:               0.00%               4             percent:   30.00%
    Applicant's comments regarding this section of scoring:
The proposed development is setting aside more units than required for point scoring purposes due to a shown demand in the market area.
     DCA's Comments:



3. DESIRABLE AND UNDESIRABLE CHARACTERISTICS                                           See QAP Scoring for further requirements. Applicants must complete Desirable/Undesirable Certification form.    12             12         0          X
 A. Desirable Activities                   (1 pt each)                                                                                                                                                 12       A.    12
 B. Undesirable Sites                      (1 pt subtracted each)                                                                                                                                     various   B.     0

    Applicant's comments regarding this section of scoring:
No undesirable sites or conditions exist within close proximity to the proposed development site.
                                                                                                                                                                                                                                         Row size may be increased.
     DCA's Comments:

                                                                                                                                                                                                                                         Row size may be increased.
4. COMMUNITY TRANSPORTATION OPTIONS                                                    Choose one.          See scoring criteria for further requirements and information                               3              0         0          X
 A. Site is adjacent to (within 300 ft) of an established public transportation stop                                                                                                                    3       A.     0
 B. Site is within standard walking distance (1/4 mile or less) of an established public transportation stop                                                                                            2       B.     0
 C. Site is within close proximity (1/2 mile or less) of an established public transportation stop                                                                                                      1       C.     0
    Applicant's comments regarding this section of scoring:
There are no existing community transportation options with the City or MSA serving the site, and personal transportation is the standard for the area.

     DCA's Comments:




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                 Part IX A-Scoring Criteria                                                                                                          68 of 86
              Georgia Department of Community Affairs                                                                                          2012 Funding Application                                                              Office of Affordable Housing
                                              PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                    Score          Self DCA
                                                                                                                                                                                                    Value         Score Score
                                                                                                                                                                                          TOTALS:   102            50     13
5. ADAPTIVE REUSE                                     (w/PNA & supporting documentation - see scoring criteria)                   See scoring criteria for further requirements and information      1              0                X
     Will the entire building be an adaptive reuse?                                                                                                                                                                N/a
     Existing building to be adapted was formerly used as:
     For rehabilitation projects, is the building to be adapted for reuse already part of the existing multifamily development?                                                                                    N/a
     Applicant's comments regarding this section of scoring:
                                                                                                                                                                                                                                  Row size may be increased.
      DCA's Comments:
                                                                                                                                                                                                                                  Row size may be increased.
6. BROWNFIELD                                         (With EPA/EPD Documentation)                                                See scoring criteria for further requirements and information       2             0                X
    Environmental regulatory agency which has designated site as a Brownfield and determined cleanup guidelines:
    Applicant's comments regarding this section of scoring:
The site is not classified as Brownfield as no previous development has occurred on the parcel or surrounding area.
      DCA's Comments:



7. SUSTAINABLE DEVELOPMENTS                                                         Choose only one. See scoring criteria for further requirements.                  EF Green Communities             3             2                X
 A. Sustainable Communities Certification                                                                                                                                                             3         Yes/No Yes/No
      Project seeks to obtain a sustainable community certification from the program chosen above:                                                                                                           A.   No
 X     1. EarthCraft Communities
       a) Site Analysis Packet as defined in EarthCraft Communities Guidebook was submitted and reviewed by both DCA and EarthCraft Communities administrators at Pre-
                                                                                                                                                                                                            1a)    No
           application?
        b) Does the project seek points for certification in any of the following categories: district heating/cooling, renewable electric generation, or alternative thermal production?
                                                                                                                                                                                                            1b)    No

       2. Leadership in Energy and Environmental Design for Neighborhood Development (LEED-ND)                                                                                                                    Yes/No Yes/No
       a) Feasibility study prepared by a LEED AP ND that evaluates the feasibility of the proposed project meeting LEED ND criteria was submitted and reviewed by DCA at Pre-
                                                                                                                                                                                                                   No
          Application                                                                                                                                                                                       2a)
        b) Does the project seek points for certification in any of the following categories: on site renewable energy sources or district heating and cooling?                                             2b)  No
 B. Sustainable Building Certification                                                                                                                                                                2        Yes/No Yes/No
      Project commits to obtaining a sustainable building certification from the program chosen above:                                                                                                       B. Yes
      Applicant's comments regarding this section of scoring:
The architect has scored the proposed development at 37, which is greater than the required 35 points for meeting the Enterprise Green standards.                                                                                 Row size may be increased.
      DCA's Comments:
                                                                                                                                                                                                                                  Row size may be increased.




              b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                                 Part IX A-Scoring Criteria                                                                             69 of 86
               Georgia Department of Community Affairs                                                                                       2012 Funding Application                                                                      Office of Affordable Housing
                                            PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                                            Score          Self DCA
                                                                                                                                                                                                            Value         Score Score
                                                                                                                                                                                                  TOTALS:   102            50         13
8. STABLE COMMUNITIES / REDEVELOPMENT / REVITALIZATION             Stable Communities < 10%                                                                                                                  6              4              X
                                   Additional required questions depending on option selected above:
 A. Stable Communities
 X     1.    Project is located in a census tract that meets the following demographics according to the most recent FFIEC Census Report (www.ffiec.gov/Census/):                                             4           Yes/No Yes/No
       a)    Less than 10% below Poverty level                           (see Income)                                                                                                                               a)     Yes
       b)    Designated Middle or Upper Income level                     (see Demographics)                                                                                                                         b)     Yes
        c)   Market study demonstrates need for affordable housing                                                                                                                                                  c)     Yes
       2.    Project is located in a census tract that meets the following demographics according to the most recent FFIEC Census Report (www.ffiec.gov/Census/):                                             2
       a)    Less than 20% below Poverty level                           (see Income)                                                                                                                               a)
       b)    Designated Middle or Upper Income level                     (see Demographics)                                                                                                                         b)
        c)   Market study demonstrates need for affordable housing                                                                                                                                                  c)
 B. Community Redevelop / Revitalization Plans and Strategies
       1.    HOPE VI or Choice Neighborhoods Initiatives - the Initiative will:                                                                                                                               6           Yes/No Yes/No
       a)    Provide affordable units for an extended period of 30 years or more?                                                                                                                                   a)
       b)    Be part of a mixed income phased community with a significant market component?                                                                                                                        b)
        c)   Facilitate the deconcentration of poverty?                                                                                                                                                             c)
       d)    Provide for community improvements or amenities?                                                                                                                                                       d)
       2. Statutory Redevelopment Plans                                       Plan clearly targets project's specific neighborhood, is proven to be current, ongoing and directly affecting project site?     2     2.
       3. Redevelopment Zones                                                 Type:                     <<Select>>            Identifier / Nbr:                                                               1     3.
       4. Local Redevelopment Plan - includes items below?           Name of Plan:                                                                                                                            1     4.
       a) Adopted on or before January 1, 2012?                      Date adopted:                                                                                                                                  a)
       b) A discussion of potential sources of funding for the plan;                                                                                                                                                b)
        c)A clearly delineated target area that includes the proposed project site                                                                                                                                  c)
       d) Detailed policy goals (one of which must be the rehabilitation or production of affordable rental housing)                                                                                                d)
       e) Implementation measures along with specific time frames for the achievement of such policies and housing activities.                                                                                      e)
        f)The proposed development project must support at least one of the goals of the redevelopment or revitalization plan;                                                                                       f)
       g) An assessment of the existing physical structures and infrastructure of the community                                                                                                                     g)
          Is the Plan:
      h) Formulated by the Owner of the project and submitted to a local government for approval?                                                                                                                               h)
       i) A short-term work plan?                                                                                                                                                                                                i)
       j) A comprehensive plan, consolidated plan, municipal zoning plan or land use plan?                                                                                                                                       j)
      k) More than four years old?                                                                                                                                                                                              k)
     Applicant's comments regarding this section of scoring:
The Tract Income Level is designated as "Middle" with the amount below the Poverty Line as 6.43%...therefore, qualifying as a 4 point Stable Community….census tract 13-051-0108.03

     DCA's Comments:




               b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                               Part IX A-Scoring Criteria                                                                                    70 of 86
             Georgia Department of Community Affairs                                                                           2012 Funding Application                                                                    Office of Affordable Housing
                                          PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                   Score             Self DCA
                                                                                                                                                                                   Value            Score Score
                                                                                                                                                               TOTALS:               102             50         13
9. PHASED DEVELOPMENTS / PREVIOUS PROJECTS                                                                                        (choose only one)                                   3               0          0         X
     A. Phased Developments                                                                                                                                                           3       A.      0
      1. Is the proposed project part of a Phased Development in which one or more phases received an allocation of 9% tax credits within the past 3 funding rounds and at                    1.
                                                                                                                                                                                                     No
         least one phase has commenced construction per that allocation?
           If Yes, indicate DCA Project Nbr and Project Name of that phase:                          Number:                         Name
      2.   Was the community originally designed as one development with different phases?                                                                                                    2.   No
      3.   Are any other phases for this project also submitted during the current funding round?                                                                                             3.   No
      4.   Was site control over the entire site (including all phases) in place when the initial phase was closed?                                                                           4. N/a
OR B.      Previous Projects                 NOTE: Score will be auto-filled based on the number of funding cycles selected.                                                           3      B.    0
           Proposed development site is within the boundaries of a Local Government where a 9% Credit, 4% Credit and/or HOME project has not been awarded within the last                     DCA funding cycles.
    Applicant's comments regarding this section of scoring:
The proposed development is no longer part of a phased development, nor in a municipality which has not had a development funded within the last 5 application cycles.                                                  Row size may be increased.
    DCA's Comments:
                                                                                                                                                                                                                        Row size may be increased.
10. MARKET                                                                                                                                                                             2              2                    X
    For DCA determination:                                                                                                                                                                                     Yes/No
 a) Have occupancy rates at comparable DCA properties experienced a significant decline?                                                                                                                  a)
 b) Are more than two DCA funded projects in primary market area which have occupancy rates of less than 90% and compete for same tenant base as proposed project?                                        b)
 c) Does analysis of one or more comparable properties in market area indicate that the property may have difficulty reaching stabilized occupancy within required timeframe?                             c)
 d) Does DCA have one or more projects in primary market area that have been unable to convert construction to permanent loans due to failure to reach stabilized occupancy?                              d)
 e) Has there been a significant change in economic conditions in the proposed market that was unknown at the time of Application and which could detrimentally affect the long term viability of         e)
    the proposed project and the proposed tenant population?
  f) Will foreclosures in the proposed market area detrimentally affect the ability of the proposed project to lease up?                                                                                  f)
 g) Are the proposed rents at or near market rate rents of comparable properties?                                                                                                                         g)
 h) Does the proposed market area appear to be overestimated, creating the likelihood that the demand for the project is weaker than projected?                                                           h)
    Applicant's comments regarding this section of scoring:
The commissioned market study indicates sufficient demand to support the proposed development and all factors are well below the QAP standards and requirements.

    DCA's Comments:




             b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                                Part IX A-Scoring Criteria                                                                                     71 of 86
            Georgia Department of Community Affairs                                                                     2012 Funding Application                                                                          Office of Affordable Housing
                                        PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                          Score         Self DCA
                                                                                                                                                                                          Value        Score Score
                                                                                                                                                                          TOTALS:         102           50     13
11. WAIVER OF QUALIFIED CONTRACT RIGHT / TENANT OWNERSHIP PLAN                                                               (choose only one)                                             1             1      0         X
 A. Waiver of Qualified Contract Right                    Applicant agrees to forego cancellation option for at least 5 yrs after close of Compliance period?           Yes                1      A.     1
 B. Tenant Ownership                                 Applicants commit to a plan for tenant ownership at end of compliance period (only applies to single family units).                   1      B.     0
    Applicant's comments regarding this section of scoring:
The applicant shall choose to forego any option to exercise a QCP and will maintain the property for the extended Compliance period required.                                                                          Row size may be increased.
     DCA's Comments:
                                                                                                                                                                                                                       Row size may be increased.
12. NON-PROFIT                                                                                               Nonprofit Setaside selection from Project Information tab:      0              3                             X
     Is the applicant claiming these points?                                                                                                                                                            N/a
     Is the required documentation included in the appropriate tab of the application?                                                                                                                  N/a
     Applicant's comments regarding this section of scoring:
This application is not submitted with a participating non-profit for claiming these points.
     DCA's Comments:


13. RURAL                                    (80 total units or less, must be 100% new construction)                                  60                                                    3            3                X
     Each Applicant will be limited to claiming these points for one project in which they have a direct interest and which involves 100% new construction. Failure by the Applicant to
     designate these points to qualified projects, or to incorrectly designate these points, will result in no points being awarded
     Applicant's comments regarding this section of scoring:                                                                   DCA's Comments:
Per USDA regulations and verification, this proposed site falls within a qualified "Rural" area.

14. DCA COMMUNITY INITIATIVES                                                                                                                                                               1            0                X
    Letter from a designated                              <<Select a DCA Community Initiative>>            that clearly:                                                                               Yes/No Yes/No
 A. identifies the project as located w/in political jurisdiction:                < Select applicable GICH >                               <Select Community of Opportunity>                      A.    N/a
 B. is indicative of the community’s affordable housing goals                                                                                                                                     B.    N/a
 C. identifies that the project meets one of the objectives of the Community                                                                                                                      C.    N/a
 D. is executed by the official representative of the Community                                                                                                                                   D.    N/a
    Applicant's comments regarding this section of scoring:
The City of Pooler is not served by a DCA Community Initiative program / provider.                                                                                                                                     Row size may be increased.
     DCA's Comments:
                                                                                                                                                                                                                       Row size may be increased.




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                             Part IX A-Scoring Criteria                                                                                        72 of 86
           Georgia Department of Community Affairs                                                                  2012 Funding Application                                                                        Office of Affordable Housing
                                     PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                  Score              Self DCA
                                                                                                                                                                                  Value             Score Score
                                                                                                                                                              TOTALS:              102               50     13
15. LEVERAGING OF RESOURCES                                                                                                                                                          7               0       0      X
    Indicate which of the following criteria the project will meet:                                                                                                                                 Yes/No Yes/No
     1. Funding or assistance provided will be binding and unconditional except as set forth in this section.                                                                                 1.     N/a
     2. Resources will be utilized if the project is selected for funding by DCA                                                                                                              2.     N/a
     3. Loans are for both construction and permanent financing phases                                                                                                                        3.     N/a
     4. Loans are for a minimum period of ten years and reflect interest rates at or below AFR.                                                                                               4.     N/a
     5. Commitment or award documentation meets the terms and conditions as applicable specified in Appendix I, Threshold Criteria, Section I (I).                                            5.     N/a

 A. Grants/Loans                                                                                                                                                                      4       A.     0       0
      1. Qualifying Sources                                                                                        Amount                                        Amount                       1.
                     a) Community Development Block Grant (CDBG) program funds                                                                                                                a)     N/a
                     b) Federal Home Loan Bank Affordable Housing Program (AHP)                                                                                                               b)     N/a
                     c) HOME Funds                                                                                                                                                            c)     N/a
                     d) NSP                                                                                                                                                                   d)     N/a
                     e) Beltline Grant                                                                                                                                                        e)     N/a
                      f) Housing Opportunity Bonds                                                                                                                                             f)    N/a
                     g) HUD 202 or 811 program funds                                                                                                                                          g)     N/a
                     h) Other funding sources approved at DCA’s sole discretion                                                                                                               h)     N/a
                         Total Qualifying Sources (TQS):                                                              0                                               0

      2. Point Scale      Total Development Costs (TDC):                                                          7,731,557
                          TQS as a Percent of TDC:                                                                0.0000%                                        0.0000%

 B. Local Government / Non-profit Contribution                    Long-term (no less than 45-year) ground leases for nominal consideration and no other land costs.                   1       B.      0

 C. Off Site Improvement, Amenity and Facility Investment                                                                                                                             2       C.     0       0
    Name of Unrelated Third Party
    Description of Improvement(s)
    Full Cost of Improvement / Percent of TDC:                                                                                               0.0000%                                0.0000%

    Applicant's comments regarding this section of scoring:
There are no known qualifying sources of financing available to the project, other than DCA HOME funds, which the applicant feels is not necessary to develop a successful project. Therefore, no points have
been selected for Leveraging and the amount of tax credits requested is within the average for prior year awards.
    DCA's Comments:




           b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                           Part IX A-Scoring Criteria                                                                                     73 of 86
            Georgia Department of Community Affairs                                                                     2012 Funding Application                                                                       Office of Affordable Housing
                                      PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                         Score         Self DCA
                                                                                                                                                                                         Value        Score Score
                                                                                                                                                                   TOTALS:               102           50     13
16. SUPERIOR PROJECT CONCEPT AND DESIGN                                                                                                                                                    6                           X
 A. Superior Project Concept                                                           Is the applicant claiming these points?                                                                   A.    No
     If Yes, a form for applicant's required narrative is located in Tab IX-B of this electronic core application. Is a completed printed copy (no more than two pages) included in
                                                                                                                                                                                                       N/a
     the application binder where indicated by the Tabs Checklist?
 B. Local Government Strategy for Neighborhood Rebuilding                               Is the applicant claiming these points?                                                                  B.    No
    Does the project concept clearly show:
     1. Community strategy includes local government requirements for greenspace?                                                                                                                1.    N/a
     2. Local Government engagement and contribution towards redevelopment of the high priority area?                                                                                            2.    N/a
     3. Incorporation of planning objectives set out in Transit Oriented Developments, Sustainable Communities or Livable Centers Initiative?                                                    3.    N/a
     4. Designation as a high priority by the local government?                                                                                                                                  4.    N/a
    Applicant's comments regarding this section of scoring:
The project, while believed by the applicant to be a superior design to standard mutli-family units for other HFOP developments, is not requesting these points.                                                    Row size may be increased.
     DCA's Comments:

                                                                                                                                                                                                                    Row size may be increased.
17. BONUS POINTS                                                                                                                                                                           5            3     0        X
 A. Integrated Supportive Housing                                                                                                                                                          3     A.     3
     Applicant agrees to accept rental assistance from a state (e.g. Georgia Rental Assistance Program), federal (e.g. HUD Section 811 project-based rental assistance) or other
     approved entity for up to 5% of the units for the purpose of providing integrated housing opportunities to individuals with mental illness, as defined in the Settlement                         Agree
     Agreement between the State of Georgia and the Department of Justice (#1:10-CV-249-CAP).
 B. Historic Preservation                                                            (choose only one)                                                                                     2     B.     0     0
      1. The property is a certified historic structure with an approved Part 1-Evaluation of Significance AND has submitted a Part 2- Description of Rehabilitation (and/or the           2
         Georgia equivalent, Part A-Preliminary Certification) and has received approval from the Georgia DNR-HPD and the NPS of the scope of the rehabilitation as presented                           0
         in the Part 2 and/or Part A application(s)
OR 2. The property is a certified historic structure (either listed individually on National Register, or as a contributing structure in a National Register Historic District), or is     1
      deemed via a Georgia DNR-HPD approved NPS Part 1-Evaluation of Significance to have a preliminary determination of listing on National Register.                                                  0
     Applicant's comments regarding this section of scoring:

     DCA's Comments:


18. COMPLIANCE / PERFORMANCE                                                                                                                                                              10           10     0        X
     Is there a Pre-Determination Letter From DCA included in this application for this criterion?                                                                                                     Yes
 A. Owner/Developer                                                                                                                                                                              A.    10
 B. Manager (Pass or Fail)                                                                                                                                                                       B.   Pass
     Applicant's comments regarding this section of scoring:
                                                                                                                                                                                                                    Row size may be increased.
     DCA's Comments:
                                                                                                                                                                                                                    Row size may be increased.




            b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                            Part IX A-Scoring Criteria                                                                                      74 of 86
             Georgia Department of Community Affairs                                                                     2012 Funding Application                                                                     Office of Affordable Housing
                                        PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                                                           Score         Self DCA
                                                                                                                                                                                           Value        Score Score
                                                                                                                                                                    TOTALS:                102           50    13
19. PRESERVATION PRIORITY POINTS                                                                                                                                                            20            0     0     X
 A. Core Priority             (Choose only one. NOTE: "Preservation" and "Preservation set aside" must be selected in "Part I - Project Information" tab. )                                  6     A.     0     0
      1.   DCA HOME Properties                                                                                                                                                               6            0     0
           Application proposes to pay the full balance of a DCA HOME loan where the minimum statutory period of affordability has expired?
OR 2.      Expiring Tax Credit Properties                                                                                                                                                    4            0    0
           Application proposes to rehabilitate an existing tax credit property which has met or will meet the 15-year Compliance Period prior to the earlier of the date of acquisition
           by the new development owner or the end of the year of the carryover allocation? (Only properties that originally received an award of 9% credits and continue to be
           subject to extended use restrictions are eligible for points.)
OR 3.      HUD Properties                                                                                                                                                                    3            0    0
   a)      Project is under development by a local public housing authority using replacement housing factor (RHF) funds or a loan secured by the assets and/or capital funds of                   a)
           the PHA as the primary source of financing?
      b)   Project is an existing HUD 236 project. The Interest Reduction Payment (IRP) will be decoupled from Section 236 agreement if housing credits are awarded (exceptions                    b)
           permitted on case-by-case basis). The affordability requirements of Section 236 agreement will also be maintained for the property.
      c)   Project is an affordable non-public housing project that has existing funding from HUD, is severely deteriorated and has been designated by HUD as a preservation                       c)
           project that is in danger of losing its affordability.
 B. Add-On Priorities                       ( NOTE: "Preservation" and "Preservation set aside" must be selected in "Part I - Project Information" tab. )                                   14     B.     0    0
    1. Project-Based Rental Assisted Properties                                                                                                                                              4     1.     0    0
    a) Application proposes to preserve an affordable housing property receiving project-based rental subsidies for 100% of the total residential units that is within two years of          4     a)
       any permitted prepayment or subsidy contract expiration with a likely conversion to market rate housing or equivalent loss of low income use restrictions. The property
       must also have been designated by HUD as a High priority project.
 or b) Application has an award of government-awarded project based rental assistance for at least 30% of low-income units for a minimum of five (5) years. This percentage                  2     b)
       will be calculated based on the total residential units (common space employee units will not be included in the total residential units).
    2.     Not Previously Rehabilitated                                                                                                                                                      1     2.
    3.     Average Occupancy                                                                                                                                                                 2     3.     0    0
    a)     Application has a documented average physical occupancy of at least 90% for the 6 months period prior to Application submission (December to May)                                 2     a)
 or b)     Application has a documented average physical occupancy of at least 80% for the 6 months period prior to Application submission (December to May)                                 1     b)
      4.   Compliance Period                          Application proposes to rehab existing LIHTC property w/compliance pd begin 18+ yrs prior to application deadline.                     2     4.
      5.   Hard Costs Proportion                      Application construction hard costs are at least 45% of TDC.                      65.8005%                                             2     5.
      6.   Significant Community Value                Application seeks to rehab an existing affordable property of significant community value.                                             3     6.
      a)   Is the applicant claiming these points?
      b)   Is the required documentation included in the appropriate tab of the application?
    Applicant's comments regarding this section of scoring:
The project does not fall within the requirements necessary to obtain preservation points.
     DCA's Comments:


*** Check point score value for this criteria                                           TOTAL POSSIBLE SCORE                                                                               102           50   13
                                                                                        TOTAL SCORE WITHOUT PRESERVATION POINTS                                                                          50    13




           (Select a unit amenity from options provided here)                                                                 (Select an amenity from options provided here)
           Microwave Oven in every unit                                                                                       <<Select>>
           In-sink disposal in every unit                                                                                     Attractively fenced community gardens
           Built in dishwasher in every unit                                                                                  Equipped soccer field
           Installed call system in all units                                                                                 Tennis court
           High-speed internet access No Cost                                                                                 Equipped walking path with exercise stations or sitting areas
           High-speed internet access Low Cost                                                                                Retention pond/Fountain

             b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                            Part IX A-Scoring Criteria                                                                                    75 of 86
 Georgia Department of Community Affairs                                                                 2012 Funding Application                                                 Office of Affordable Housing
                       PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                                           Score     Self DCA
                                                                                                                                                           Value    Score Score
                                                                                                                                             TOTALS:        102      50    13
                                                                                                                 Equipped playground
<<Select>>                                                                                                       Covered pavilion with picnic/barbecue facilities
Construction of on-site access road req'd for property access                                                    Furnished Children’s Activity center
Construction of off-site access road req'd for property access                                                   Furnished Library
Development of parks on a master plan development site                                                           Equipped Computer Center
Development of green space on a master plan development site                                                     Furnished Exercise/Fitness Center
Development of walking trails on a master plan development site                                                  Furnished sitting areas by elevators
Development of YMCA center                                                                                       Swimming Pool
Development of youth center                                                                                      Complete built-in fire sprinkler system
Development of senior center                                                                                     Off Site Improvements in Master Plan Communities
Construction of sidewalks adjacent to the property
Construction of streetscape adjacent to the property
Construction of sidewalks and streetscape adjacent to the property
Other (See comments)


                                                 GICH Communities          Signature          Communities of
                                                                          Communities          Opportunity
                                                < Select applicable   < Select Signature    <Select Community
                                                GICH >                Community >           of Opportunity>


                                                Americus / Sumter     Barnesville           Berrien
                                                County
                                                Auburn                Calhoun               Burke
                                                Berrien County        Colquitt /Miller Co   Calhoun
                                                Brunswick             Covington /Newton     Clay
                                                                      Co
                                                Calhoun               Dublin                Coffee
                                                Camden County         Fayetteville          Colquitt
                                                Cartersville          Flovilla / Butts Co   Cook
                                                Colquitt              Forsyth               Decatur
                                                Cordele               Holly Springs         Dooly
                                                Covington             Jesup / Wayne Co      Dougherty


                                                Dalton / Whitfield    Remerton/Valdosta     Early
                                                County
                                                Douglas               Rome                  Elbert
                                                Eatonton              Snellville            Glascock
                                                Fort Valley           St.                 Grady
                                                                      Mary's/Kingsland/Wo
                                                                      odbine/Camden Co


                                                Gainesville           Tifton / Tift Co      Hancock
                                                Garden City           Toccoa / Stephens     Irwin
                                                                      Co
                                                Gray / Jones County Wilkinson Co            Jefferson


 b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                                           Part IX A-Scoring Criteria                                                             76 of 86
Georgia Department of Community Affairs                                                2012 Funding Application                                       Office of Affordable Housing
                      PART NINE - SCORING CRITERIA - 2012-003 Hardin Terrace Apartments, Pooler, Chatham County
                                                                                                                                Score    Self DCA
                                                                                                                                Value   Score Score
                                                                                                                      TOTALS:   102      50    13
                                               Griffin              N/a   Jenkins
                                               Hall County                Lee
                                               Harlem                     Lincoln
                                               Hawkinsville               Macon
                                               Metter                     Marion
                                               Milledgeville              McDuffie
                                               Moultrie                   Meriwether
                                               Newnan                     Miller
                                               Rome                       Mitchell
                                               Sandersville /             Randolph
                                               Tennille /
                                               Washington County


                                               Sylvania                   Schley
                                               Sylvester                  Seminole
                                               Thomasville                Stewart
                                               Thomson / McDuffie         Sumter
                                               County
                                               Tifton                     Taliaferro
                                               Toccoa                     Taylor
                                               Valdosta                   Terrell
                                               Vienna                     Thomas
                                               Wadley                     Twiggs
                                               Warner Robins              Warren
                                               Washington                 Webster
                                               Waycross                   Wilkes
                                               Waynesboro                 Wilkinson
                                               Winder                     Worth




b910b937-f28b-4270-bac3-dccaf328613f.xlsx - Feb 2012                                     Part IX A-Scoring Criteria                                                        77 of 86
     Georgia Department of Community Affairs                                                                                                                Office of Affordable Housing

                      Scoring Section 16A - Superior Project Concept and Design Narrative
                                                   Hardin Terrace Apartments
                                                    Pooler, Chatham County

The applicant is not seeking the Superior Project Concept points and therefore is not required to provide a narrative supporting the
same.
                                                                                                                                          NOTE: Row size may be decreased as
                                                                                                                                         needed if only one page is used. Press
                                                                                                                                       and hold Alt-Enter to start new paragraphs.
                                                                                                                                        Narrative should not exceed two pages.




     2012 Super Proj Concept Narr                                             b910b937-f28b-4270-bac3-dccaf328613f.xlsx                                                        78 of 86
Georgia Department of Community Affairs                                                                     Office of Affordable Housing

               Scoring Section 16A - Superior Project Concept and Design Narrative
                                          Hardin Terrace Apartments
                                           Pooler, Chatham County




2012 Super Proj Concept Narr                                    b910b937-f28b-4270-bac3-dccaf328613f.xlsx                      79 of 86
     Georgia Department of Community Affairs                                                                                                 Office of Affordable Housing

                          Scoring Section 19B - Significant Community Value Narrative
                                                  Hardin Terrace Apartments
                                                   Pooler, Chatham County

<< Enter paragraph(s) here. Press and hold Alt-Enter to start new paragraphs. >>


                                                                                                                         NOTE: Row size may be changed. Press
                                                                                                                        and hold Alt-Enter to start new paragraphs.
                                                                                                                          Narrative should not exceed one page.




     2012 Signif Comm Value Narr                                            b910b937-f28b-4270-bac3-dccaf328613f.xlsx                                           80 of 86
                                                                                                                         [This document is to be submitted with Application]

                                                                                                                         APPLICATION CERTIFICATION FORM LETTER
                                                                                                                         [to be submitted under Applicant's letterhead]

                                                                                                                         [Date]

       Georgia Department of Community Affairs
       Office of Affordable Housing
       60 Executive Park South, NE.
       Atlanta, Georgia 30329-2231

       Re: Application for Low-Income Housing Tax Credit and/or HOME Funding

       To DCA:

       This application is submitted in accordance with the 2011 Qualified Allocation Plan and the Office of
       Affordable Housing Application Manual. In submitting this application for funding consideration, the
       undersigned applicant hereby certifies:
       1)    I am responsible for ensuring that the project consists or will consist of a qualified low-income
             building (or buildings) as defined in the Internal Revenue Code section 42(c)(2) and will satisfy all
             applicable requirements of State and federal tax law in the acquisition, rehabilitation, and operation
             of the project to receive State and federal housing tax credits.
       2)    I am responsible for all calculations and figures relating to the determination of the eligible basis of
             the building(s). I understand and agree that the amount of the credit is allocated by reference to the
             figures that I submit as to eligible and qualified basis. I understand that the actual amount of credit
             allocated may vary somewhat from the amount initially reserved or committed due to (a) the
             determination by the Georgia Department of Community Affairs ("DCA") as to the amount of credit
             necessary for the financial feasibility of the project and its viability as a qualified low-income
             housing project; (b) revisions in the calculations of eligible and qualified basis as finally determined;
             (c) fluctuations in the prevailing credit percentage; and (d) availability of the credit.
       3)    I understand and agree that DCA makes no representations or warranties regarding the financial
             feasibility of the project, the amount of credit, or the appropriateness of the allocation of the credit
             and makes no independent investigation as to the eligible and qualified basis and that any and all
             credit awards and credit amounts are solely based on representations made by me. I therefore agree
             to hold harmless and indemnify DCA and the individual directors, employees, members, officers,
             and agents of DCA in the event that I or anyone acting on my behalf, at my request or by and
             through me incurs any loss in conjunction with the project, diminution of the credit, loss of the
             credit, recapture of part or all of the credit or failure to allocate the credit requested in my
             application.

       4)    I understand and agree that neither DCA nor any of its individual directors, employees, members,
             officers, or agents assume any responsibility or make any representations or warranties with respect
             to: (i) the amount or availability of credit for the project; or (ii) the financial feasibility of the
             project.




2012 OAH Funding Application                                                          DCA Office of Affordable Housing                                                     Page 81 of 86
       5)    I understand and agree that my application for a low-income housing credit and/or HOME loan, all
             attachments thereto, amendments, and all correspondence relating to my application in particular or
             the credit in general are subject to a request disclosure under the Georgia Open Records Act and I
             expressly consent to such disclosure. I further understand and agree that any and all correspondence
             to me from DCA or other DCA-generated documents relating to my application are subject to a
             request for disclosure under the Georgia Open Records Act and I expressly consent to such
             disclosure. I agree to hold harmless DCA and the individual directors, employees, members,
             officers, and agents of DCA against all losses, costs, damages, expenses, and liability of whatsoever
             nature or kind (including, but not limited to, attorneys' fees, litigation, and court costs) directly or
             indirectly resulting from or arising out of the release of all information pertaining to my application
             pursuant to a request under the Georgia Open Records Act.

       6)    I understand that any misrepresentations in this application or supporting documentation may result
             in a withdrawal of tax credits and/or HOME loan by DCA, my (and related parties) being barred
             from future program participation, and notification of the Internal Revenue Service and/or HUD.
       7)    I certify that all Federal, State and local subsidies have been disclosed and revealed.

       In addition, Applicant understands:
        •    The above certifications are of a continuing nature and apply at all stages of the application process:
             initial application, commitment, and final allocation/funding.
        •    The State of Georgia Department of Community Affairs (DCA) must be notified of any subsequent
             events or information, which would change any statements or representations in the attached
             application or amendments thereto;
        •    DCA reserves the right to verify all information or documents used in processing the application,
             including requiring credit checks on all parties involved in the transaction. Applicant hereby
             authorizes the financing bank, accountant, mortgage lender, creditors, other state housing agencies
             and others sources identified in the application to release information to DCA or its designee in
             order to verify the accuracy of information in the application and amendments thereto.

       Applicant agrees and understands that it may be charged for all fees and costs incurred by DCA in the
       inspection of funded properties during and after construction and in the enforcement of DCA regulations
       and policies.
       To the best of my knowledge, all of the information in the attached application, including all supporting
       documentation is correct, complete and accurate.

       APPLICANT/OWNER


                               Printed Name                                                Title




                                Signature                                                  Date

                                                                                          [SEAL]




2012 OAH Funding Application                                                          DCA Office of Affordable Housing   Page 82 of 86
                                                                                           SUMMARY OF DCA UNDERWRITING ASSUMPTIONS
Category                                                Specification                                                 Scale                                                                          Minumum Maximum
Funding Limits                                          LIHTC                                                         Per Project                                                                      n/a          950,000
                                                                                                                      Per Owner Per Round                                                              n/a         1,700,000
                                                        HOME                                                          Per Project                                                                    800,000       2,000,000
                                                                                                                      Per Owner Per Round (% of HOME funds available)                                  n/a            25%
                                                                                                                          0 BR         1 BR         2 BR          3 BR                 4 BR
                                                        Unit Cost Limit - both LIHTC and HOME                           110,481      126,647      154,003       199,229              199,229           n/a         8,419,500 Maximum is project-specific
                                                        Brownfield Projects                                             132,577      151,976      184,804       239,075              239,075           n/a         10,103,400 Maximum is project-specific
                                                        Historic Rehab Projects                                         121,529      139,312      169,403       219,152              219,152           n/a         9,261,450 Maximum is project-specific
Annual Operating Expenses
  Annual Operating Expenses                             Urban          Atlanta                                        Per Unit                                                                          4,500            n/a
                                                                       Other                                          Per Unit                                                                          4,000            n/a
                                                        Non-MSA Rural w/out USDA Financing                            Per Unit                                                                          3,000            n/a
                                                        Rural w/USDA 515 Financing                                    Per Unit                                                                          3,000            n/a
  Replacement Reserve Pymt                              Rehab                                                         Per Unit                                                                            350            n/a
                                                        New                                                           Per Unit                                                                            250            n/a
                                                        All Single Family                                             Per Unit                                                                            420            n/a
                                                        All Historic Rehab                                            Per Unit                                                                            420            n/a
Development Costs
  Pre-Development Costs                                 Tax Credit Application Fee                                    Per Project - For Profit or Joint Venture                                                6,500
                                                        Tax Credit Application Fee                                    Per Project - Nonprofit                                                                  5,500
                                                        DCA Loan Application Fee                                      Per Project - For Profit or Joint Venture                                                1,000
                                                        DCA Loan Application Fee                                      Per Project - Nonprofit                                                                   500
                                                        DCA Loan / LIHTC Application Fee                              Per Project - For Profit or Joint Venture                                                7,000
                                                        DCA Loan / LIHTC Application Fee                              Per Project - Nonprofit                                                                  6,000
  Hard Costs                                            Rehab                                                         Per unit - Properties 20 yrs old or less                                       25,000            see UCL
                                                                                                                      Per unit - Properties over 20 yrs old                                          30,000            see UCL
  Construction Contingency                              New                                                           LESSER OF % of Construction Hard Costs                                          N/A                5%
                                                                                                                      OR Dollar amount                                                                N/A              500,000
                                                        Rehab                                                         LESSER OF % of Construction Hard Costs                                          N/A                7%
                                                                                                                      OR Dollar amount                                                                N/A              500,000
  Builder Profit                                        n/a                                                           % of (Construction Hard Costs, exclusive of Contingency and Contractor Svcs)    n/a                6%
  Builder's Overhead                                    n/a                                                           % of (Construction Hard Costs, exclusive of Contingency and Contractor Svcs)    n/a                2%
  General Requirements (exclusive of Contractor Svcs)   n/a                                                           % of (Construction Hard Costs, exclusive of Contingency and Contractor Svcs)    n/a                6%
  LIHTC Allocation Fee                                  LIHTC Fee                                                     Percent of Credit Request                                                                 8%
  4% LIHTC IRS Form 8609 Fee                            LIHTC Fee                                                     Percent of Credit Request                                                                 8%
  Front-End Analysis Fee                                                                                                                                                                                       2,700
  Compliance Monitoring Fee                             LIHTC Fee (both 4% and 9%)                                    Per Unit                                                                        800            n/a
                                                        USDA 515 or URFA Fee                                          Per Unit                                                                        400            n/a
                                                        Single Family fee                                             Per Dwelling                                                                    1500           n/a
  Developer's Fee                                                                                                     Maximum                                                                             1,800,000
                                                        Identity of Interest        New Construction                  % of (TDC - budgeted DF - Demo - uw Land)                                              15%
                                                                                    Acq / Rehab Acq portion           % of Existing Structures acquisition cost (including Acquisition Legal Fees)           15%
                                                                                                   Rhb portion        % of (TDC - budgeted DF - uw Land - Acq Lgl Fees - Existing Structures)                15%
                                                                                    Rehabilitation                    % of (TDC - budgeted DF - uw Land - Acq Lgl Fees - Existing Structures)                15%
                                                                                                   % DF to bldg acq   % of (TDC - budgeted DF - uw Land)                                                     15%
                                                        No Identity of Interest                                       LESSER OF % of (TDC - uw Land - budgeted DF - Bldr profit)                             15%
                                                                                                                      OR percentage proposed                                                                  ?
                                                        Deferred DF Term (Years)                                                                                                                        0            15
                                                        Deferred DF % of Total DF                                                                                                                      0%           50%
  Operating Deficit Reserve                                                                                           Mths of Year 1 Debt Service (out of 12)                                           6            n/a
                                                                                                                      Mths of Year 1 O&M Expense (out of 12)                                            6            n/a
  Rent-Up Reserve                                                                                                     Mths of projected operating expenses                                              3            n/a
  Final Inspection Fee                                                                                                Per Project                                                                           3,000
Proforma Operating Forecast
  Number of Persons in Family and Percentage Adjustments for Rent Calculations        1             2               3         4       5      6      7      8
                                                                                     70%           80%             90%       Base   108%   116%   124%   132%
  Revenue Growth Rate                                                            Per Operation Year                                                             2%
  V&C Loss Rate (Non-PBRA/USDA)                                                  Per Operation Year                                                             7%
  V&C Loss Rate (PBRA/USDA)                                                      Per Operation Year                                                             7%
  Operating Expense Growth Rate                                                  Per Operation Year                                                             3%
  Replacement Reserve Annual Payment Growth Rate                                 Per Operation Year                                                             3%
  Operating Reserve Annual Payment Growth Rate                                   Per Operation Year                                                             0%
Setasides                                                Nonprofit               Percent of available 9% credit pool                                           10%
                                                         Rural                   Percent of available 9% credit pool                                           30%
                                                         Preservation            Percent of available 9% credit pool                                           25%
                                                         Special Needs           Per Project                                                                1,000,000
                                                         Supplemental            Per Project                                                                1,000,000
                                                         CHDO                    Percent of state HOME allocation                                              15%




                                 2012                                            Assumed Family Size Adjustments
                   Area             AMI                                           # Bdrms       Adj         AFS
            Albany                49,400                                               0            0.7                 1
            Athens-Clarke County59,400                                                 1            0.75               1.5
                                  69,300
            Atlanta-Sandy Springs-Marietta                                             2            0.9                 3
            Augusta-Richmond Co.  57,900                                               3            1.04               4.5
            Brunswick             60,200                                               4            1.16                6
            Butts Co.             64,200                                               5            1.28               7.5
            Chattanooga           57,800
            Columbus              52,300
            Dalton                50,800
            Gainesville           62,000
            Haralson Co.          47,400
                                  47,700
            Hinesville - Fort Stewart
            Lamar Co.             43,200
            Long Co.              49,100
            Macon                 54,700
            Meriwether Co.        49,500
            Monroe Co.            64,600
            Murray Co.            47,700
            Rome                  52,800
            Savannah              60,800
            Valdosta              50,900
            Warner Robins         71,400
            Appling Co.           45,100
            Atkinson Co.          37,000
            Bacon Co.             45,700
            Baldwin Co.           50,300
            Banks Co.             49,000
            Ben Hill Co.          37,000
            Berrien Co.           44,300
            Bleckley Co.          53,000
            Bulloch Co.           56,700
            Calhoun Co.           43,800
            Camden Co.            61,700
            Candler Co.           41,300
            Charlton Co.          48,900
            Chattooga Co.         41,100
            Clay Co.              44,800
            Clinch Co.            42,200
            Coffee Co.            42,900
            Colquitt Co.          40,900
Cook Co.         41,600
Crisp Co.        40,900
Decatur Co.      47,400
Dodge Co.        46,800
Dooly Co.        40,300
Early Co.        41,800
Elbert Co.       40,100
Emanuel Co.      39,300
Evans Co.        44,800
Fannin Co.       46,300
Franklin Co.     46,200
Gilmer Co.       44,500
Glascock Co.     43,400
Gordon Co.       52,400
Grady Co.        45,700
Greene Co.       48,000
Habersham Co.    50,900
Hancock Co.      33,800
Hart Co.         50,600
Irwin Co.        56,600
Jackson Co.      59,300
Jeff Davis Co.   39,000
Jefferson Co.    39,000
Jenkins Co.      37,000
Johnson Co.      33,300
Laurens Co.      51,300
Lincoln Co.      43,700
Lumpkin Co.      53,100
Macon Co.        39,200
Miller Co.       45,300
Mitchell Co.     48,300
Montgomery Co.   48,100
Morgan Co.       57,500
Peach Co.        59,600
Pierce Co.       49,400
Polk Co.         48,600
Pulaski Co.      47,200
Putnam Co.       52,700
Quitman Co.      40,900
Rabun Co.        53,300
Randolph Co.     33,900
Schley Co.       48,700
Screven Co.      49,700
Seminole Co.     45,800
Stephens Co.     45,300
Stewart Co.      38,700
Sumter Co.       41,400
Talbot Co.       47,300
Taliaferro Co.   25,600
Tattnall Co.     46,300
Taylor Co.       37,500
Telfair Co.      40,800
Thomas Co.       51,900
Tift Co.         47,700
Toombs Co.       43,800
Towns Co.        51,900
Treutlen Co.     39,000
Troup Co.        50,800
Turner Co.       41,500
Union Co.        51,400
Upson Co.        45,500
Ware Co.         46,600
Warren Co.       37,000
Washington Co.   43,300
Wayne Co.        52,400
Webster Co.      38,300
Wheeler Co.      47,700
White Co.        54,600
Wilcox Co.       41,700
Wilkes Co.       42,600
Wilkinson Co.    45,800

				
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