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					           2009 Low-Income Housing Tax Credit Application Instructions
The application for low-income housing tax credits is a spreadsheet application. The tax credit application is on Microsoft Office Excel 2003. Attempts to complete the
application on earlier versions of Excel may create errors in the application. The majority of the cells in the application are “read only” cells and cannot be changed. All
cells that require input from the applicant can be accessed. Do not change, or attempt to change, any “read only” cells or the application will be rejected. Do
not enter formulas in any cells.

Submit one paper copy of the application, utilizing the colored tabs provided by the Tax Credit staff, with original signatures and one "electronic" copy either on a disk
or via e-mail. The disk should not contain any other files or information, only the electronic application file. The paper copy of the application and all attachments must
be two-hole punched with oversized holes at the top of the page and bound by an Acco-type fastener. The application may be sent to applicants on a disk or through
e-mail.

The worksheets are labeled at the bottom of the screen by individual tabs. The worksheets that need to be completed are: Development Information, Development
Budget, Commercial Budget (if applicable), Energy Efficiency, Development Financing, Unit Mis & Rents, Development Income, Development Expenses, Contractor-
Developer Fee Limits and Scoring. They should be completed in the order they are listed. The other worksheets will automatically calculate values. A blue line
indicates the cell in which information is required in each worksheet. Red triangles indicate a comment with instructions for completing a particular cell. Missing
information will result in incorrect calculation of credit. Specific information, such as the name of the city or county in which the development is located, must be spelled
correctly. “Yes” and “No” answers to questions asked in the application such as: “Is the Site properly zoned?” must be marked with an “X”, unless specific instructions
are given otherwise.

APPLICATION FEE
This worksheet will calculate the appropriate fees based on the type of application submitted by the applicant. No input is required by the applicant, except that the
project number will be needed in the Development Information worksheet to calculate the Compliance Monitoring Fee with the Final Application. The calculations will
not be correct unless all of the worksheets listed above have been filled out and the “Annual Credit Amount” worksheet has calculated the Qualified Eligible Basis. The
correct fee amount must be submitted with the application.
For Final Applications this worksheet also includes the Compliance Monitoring fee.

DEVELOPMENT SUMMARY
This worksheet will populate automatically. The applicant does not enter data into this worksheet.

MISSING INFORMATION
This worksheet will inform the applicant of any minimum underwriting criteria that is not met and any missing or incomplete application information. Scroll completely
through this worksheet to cell A143 to view any information that is missing.

If any items are indicated regarding underwriting critirea or missing application information, DO NOT SUBMIT THE APPLICATION!
DEVELOPMENT INFORMATION
Starting at the top of the worksheet is a space for „project number‟. That space is completed by CHFA staff for the Preliminary Application (you may enter this number
for the Carryover or Final Application). After project number, the type of application and the date submitted must be indicated. The choices are Preliminary
Application, Carryover Application and Final Application. Only one of these choices must be indicated. Any information that changes between the submission of the
Preliminary application and Carryover or Final must be reflected. However, the applicant ONLY has to re-enter information in those sections of the application that
Preliminary Application - This selection applies to both the competitive (typically the 9% tax credit) and the non-competitive (developments financed with private activity
bonds) application process.

Carryover Application - For the competitive process the applicant MUST indicate whether or not the applicant is locking the applicable percentage rate at the time of
carryover. Therefore, either “Yes” or “No” must be marked with an “X”. If “Yes” is marked then for a Carryover Application the Reservation Amount must be entered
and for a Final Application the Carryover Amount must be entered.

Final Application - For the competitive process the applicant must include the month and year of the placed-in-service date in Cell G16. Also, the designation that was
made at carryover regarding the lock-in of the applicable percentage must remain indicated.

The non-competitive process does not include a carryover application. The non-competitive applicant may, however, lock in the applicable percentage at the time that
the private activity bonds are sold. If this choice is made, the non-competitive applicant must indicate “Yes” under the carryover designation regarding the lock-in. If
this choice is not made, the non-competitive applicant must indicate “No” under the carryover designation regarding the lock-in. In either case, the applicant must
indicate the month and year of the placed-in-service date. Include the Election of Applicable Percentage Rate in the Election of Applicable Percentage Rate tab of the
application.

Following the type of application, the applicant must indicate the current month's Applicable Percentage Rate for the 4% credit or the 9% credit. A link is provided to
obtain the current month's APR.

Lines A. through N. - The information requested here is self-explanatory. Please note that missing or incomplete information will result in both incorrect credit
calculation and scoring calculation.

Further instructions for Line N.:
The following programs are considered “Federal Assistance” for purposes of this application: Rural Development Section 515, FHA Insurance (221(d)(3), 221(d)(4) or
Risk-Sharing), Tax Exempt Bond Financing, Project-based Section 8, McKinney Act programs, Federal historic tax credits, Community Development Block Grant,
HOME, HOPE VI. If any of these programs are used mark “YES” in response to the question “With Federal Assistance?”.

Non-competitive applicants must indicate “Tax Exempt Bond Financing” under the column describing the types of programs and financing that apply to the
development.
If “Historic Rehabilitation Tax Credits” are indicated a prompt will appear for the applicant to indicate the type of historic credit. Type in “State” for both state and local
historic credits. If the historic credits are federal another prompt will appear for the applicant to indicate the amount of federal historic credit.




                                                                             Application Instructions
                                                                                        1
Line P. – Total units in cell C110 must equal the total units in the “Unit Mix & Rents” worksheet. A prompt will appear if, after the “Unit Mix & Rents” worksheet has
been completed, those numbers do not match.
If Grants such as HOME, CDBG, AHP, SUP, etc. are indicated a prompt will appear regarding the structure of the Grant funds to prevent the tainting of the 9% Credit
(reducing the Eligible Basis by the amount of the Grant Funds).

DEVELOPMENT BUDGET (for Residential Development Costs Only)
Budget numbers must be entered under column D of this worksheet, indicated by blue-colored numbers. Columns A, B, C, E, F and G are “read only”, though
selected cells in these columns are not “read only‟ and may be changed by the applicant. These are:

           Cells marked “Other” in Column B under the cost categories
           Cells E71 & F71 that correspond to Tax Credit Fees
           Cells E72 & F72 that correspond to Compliance Fees

For non-competitive applicants, a prompt will appear if the development does not meet the 50% aggregate basis test. Ignore this prompt until the “Development
Financing” worksheet is completed.

For Final Applications only: In the Development Budget worksheet is the “Final Certification for Uses of Funds”. This is to be completed by the development owner for
Final Applications only.

COMMERCIAL BUDGET
This applies to both competitive and non-competitive applications. Any development that contains a retail or commercial component must complete this worksheet.
Include the Commercial Budget in the Development Budget tab of the application.

ENERGY EFFICIENCY
This worksheet is used to both Certify that the Owner has met the Energy Efficiency Requirements and to calculate the cost of the Green Building materials, and
systems installed at the project. Enter each items "Unit of Measure" in Column E, each items "Estimated Cost Per Unit" in Column F and the "Proposed Number of
Units" in Column G. This worksheet should be completed, signed, dated and provided with the Final Application.

DEVELOPMENT FINANCING
All applications must include an equity factor (cents on the dollar purchase price for the tax credits). For the preliminary application enter $.70 for the federal equity
factor, unless documentation is provided from a syndicator or investor with a stated equity factor. For the carryover application there MUST be executed entity
documents that clearly identify the terms of the equity commitment, including the equity factor and the equity pay-in schedule. Include the letter of intent or the entity
documents in the Development Financing tab of the application.

For the preliminary application the proposed terms for financing must be provided on financial institution letterhead and signed by an institution representative for both
construction and permanent financing. The terms of financing must include the loan amount, the interest rate, the term of the loan and, for permanent financing, the
amortization period and the institutions minimum required debt coverage ratio. The same information is required at the time of the carryover application but must be in
the form of an “enforceable commitment” as defined in Section 3.B. of the Allocation Plan.
Permanent Financing - All preliminary and enforceable financing commitments must be included in the Development Financing tab of the application. Include loans,
grants, deferred fees and owner equity. Non-competitive applicants must put the PAB-financed mortgage information in Line 1 under “Permanent Financing”.

Lines 1-8 are for loans only. The source of financing, the amount of the loan, the interest rate, the term of the loan and the amortization period MUST be included. The
worksheet will then automatically calculate annual debt. Incorrect or incomplete information will result in an incorrect tax credit calculation and incorrect pro forma
calculation.
The application that you have downloaded will already have the words “cash flow” entered in the “Amortization” column. Replace these words with the amortization
period in years for loans that will have monthly debt service payments. Leave the words “cash flow” if the loan is to be paid out of development cash after expenses
OR if there are no loans in the corresponding lines.

Line 9 is for the deferred developer fee. Line 10 is for owner equity from sources other than through the sale of the low-income housing tax credits. Proceeds from the
sale of any other type of tax credit (historic credits), if applicable, should be entered here.

Lines 11-17 are for grants only. If the grants are structured as loans they should be entered in lines 1-8.

After all loans, owner equity and grants are listed, the worksheet will automatically calculate the total amount of funds from sources other than through the sale of tax
credits. This amount will be used in the Gap Calculation on the “Annual Credit Amount" worksheet.

Below the total amount of funds the worksheet will calculate the tax credit proceeds. This number will not be correct until the "Unit Mix & Rents" worksheet is
completed by the applicant.

After the “Unit Mix & Rents” is completed by the applicant return to this worksheet to verify that “Total Funds for Development” equals “Total Development Budget”.
These two numbers must be equal. If they do not equal you should increase the amount of Total Funds for Development and/or apply for the CHFA
Designated DDA Basis Boost of up to 30% to fill the resulting Financing Gap. The worksheet will calculate the Financing Gap which needs to be filled, the
Modified Financing Gap and the CHFA Factor (see Annual Credit Amount instructions below for the calculation of the Factor).

For Final Applications only: In the Development Financing worksheet is the “Final Certification for Source and Amount of Funds”. This is to be completed by the
development owner for Final Applications only.

There is a sample document for the CHFA requirements regarding enforceable financing commitments in the Development Financing worksheet. The letter may be in
the lender‟s format but it must be on the lending institution‟s letterhead and it must contain the required information. Include this letter in the Development Financing
There is a sample document for the CHFA requirements regarding equity commitments from syndicators/investors in the Development Financing worksheet. The
letter may be in the syndicator/investor format but it must be on the institution‟s letterhead and it must contain the required information. Include this letter in the
Development Financing worksheet.




                                                                           Application Instructions
                                                                                      2
UNIT MIX & RENTS

The income table for the county in which the development is located is calculated at the top of this worksheet. The name of the county must be entered in the
“Development Information” worksheet and either the box that the utilities are or are not included in the rents box checked in order for the income table to be accurate.

After the income table the applicant must enter the utility allowances for the appropriate bedroom sizes. Utility Allowance documentation must be included in the Unit
Mix & Rents tab of the application.

For the Rental Income Table that follows the utility allowances, the applicant must enter the unit square footage in column D, the number of units in column E and the
actual rent in column J. These columns, as well as column C, are the only cells in the worksheet that are not “read only”.

Include Employee units in the low-income units if the intent is to have employees be low-income eligible. Otherwise, include them in the Employee unit category.

After the number of units, unit square footage and units rents are entered, enter the common space square footage in cell D135 and commercial square footage, if
any, in cell D138.
After the number of units, the unit square footage and the rents are entered, the worksheet will calculate the applicable fraction to be used in the tax credit calculation.

In the Scoring worksheet, Exhibit F is a sample document for the CHFA requirements regarding the agreement with the public housing authority (PHA). The letter may
be in the PHA‟s format but it must be on the authority‟s letterhead and it must contain the required information. The agreement must be signed and dated by both
parties and a copy must be included with the application in order to receive points. Include this letter in the Scoring tab of the application.

In the Scoring worksheet, Exhibit G is a sample document for the CHFA requirements regarding the agreement with agencies for referral of clients that need special
needs housing. The letter may be in the agency‟s format but it must be on the agency‟s letterhead and it must contain the required information. The agreement must
be signed and dated by both parties and a copy must be included with the application in order to receive points. Include this letter in the Scoring tab of the application.


DEVELOPMENT INCOME
The applicant must enter miscellaneous monthly income and any annual retail/commercial income on this worksheet. The worksheet will then calculate annual gross
income to be used for the 15 year pro forma. Include the Development Income in the Income/Expenses tab of the application.
DEVELOPMENT EXPENSES
The applicant must enter estimated annual operating expenses; assume that lease-up has occurred. Include the Development Expenses in the Income/Expenses tab
of the application.
15 YEAR PRO FORMA
The calculations in this worksheet will not be correct unless the following worksheets have been completed:
Development Financing
Unit Mix & Rents
Development Income
Development Expenses
All cells are “read only‟ except those corresponding to fees or cash flow notes that are listed after “Cash flow available for distribution”.

CONTRACTOR/DEVELOPER FEE LIMITS

Only Cell C4 needs input this worksheet to correctly calculate the allowed contractor and developer fees.
The applicant must indicate whether or not there is an identity of interest regarding the general contractor by answering “Yes” or “No” to the question “Identity of
Interest”. “Identity of Interest” is defined in Section 3.G. of the Allocation Plan. After this question is answered the worksheet will calculate the maximum allowable
fees. If the budgeted fees exceed the allowable fees the amount by which the fees are exceeded will be automatically calculated and that amount will be deducted
from eligible basis.
If any of the two fee categories are exceeded, a prompt will appear to indicate the total amount of eligible basis reduction. If neither of the two fee categories is
exceeded, a prompt will appear that indicates that the fees are within the CHFA limits.

ANNUAL CREDIT AMOUNT

This worksheet displays the three calculations that are made to determine the eligible annual federal tax credit amount for the development. The three calculations
are:
           1) Qualified Basis Calculation
           2) Gap Calculation
           3) Basis Limit Calculation

The applicant is not required to input any information on this worksheet.

All preceding worksheets must be completed in order for the tax credit calculation to be correct. The annual federal tax credit amount is listed at the bottom of the
worksheet. In addition to the three calculations to deternime the Annual Credit Amount for the development the worksheet will calculate the amount of the CHFA
Designated DDA credit amount the project needs to be financially feasible, if the election is made to apply for this additional credit in the Development Financing
worksheet. In addition, the worksheet will provide warnings and instructions if the CHFA Designated DDA credit calculation exceeds 30% or if the annual credit amount
exceeds the maximum credit amount per project allowable.
Please note that the calculation for the CHFA Designated DDA credit is reduced by an amount called the "CHFA Factor". The CHFA Factor equals either 20% of the
Allowable Developer Fee, if the project's Financing Gap is higher than the CHFA Factor and the project is using the Allowable Developer Fee, or equals 20% of the
Budgeted Developer Fee if the project's Financing Gap is higher than the CHFA Factor and the project Budgeted Developer Fee is less than the Allowable Developer
Fee. If the Financing GAP is less than either the Allowable or Budgeted Developer Fee or both the CHFA Factor will not be applied.
For example: If a project has a Financing Gap of $100,000, an Allowable Developer Fee of $100,000 and a Budgeted Developer Fee of $100,000 than the CHFA
Designated DDA credit will be reduced by a Factor equalling $20,000 (computed as 20% of the Allowable Developer Fee). This amount will need to be provided by the
applicant to balance the Total Funds for Development and the Total Development Budget in the Development Financing worksheet in addition to the equity generated
by the CHFA Designated DDA credit.

For example: If a project has a Financing Gap of $19,000, an Allowable Developer Fee of $100,000 and a Budgeted Developer Fee of $80,000 than the CHFA
Designated DDA credit will be reduced by a Facter equalling $16,000 (computed as 20% of the Allowable Developer Fee). This amount will need to be provided by the
applicant to balance the Total Funds for Development and the Total Development Budget in the Development Financing worksheet in addition to the equity generated
by the CHFA Designated DDA credit.




                                                                            Application Instructions
                                                                                       3
SCORING

The Scoring worksheet is the worksheet for calculating the scoring for the development. The calculations for scoring in this worksheet will not be accurate unless the
following worksheets have been completed:

           Development Information
           Unit Mix & Rents

Line 1. of the Primary Selection Criteria - Either A. or B. must be selected. After A. or B. is selected the worksheet will calculate the scoring related to low-income
targeting of the development.

Line 2. of the Primary Selection Criteria - Indicate with an “X” the extended low-income use of the development. Select only one of the five choices. The score will be
automatically calculated.

Line 1. of the Secondary Selection Criteria - Housing Needs Characteristics. The scoring for this section is automatically calculated by the worksheet. The
“Development Information” worksheet must be completed for the scoring to be accurate.

The applicant must enter selections on lines 2-6 of the Secondary Selection Criteria. Mark the appropriate selections with an “X”. The worksheet will calculate the
score for each of these sections. The total score will be calculated automatically and displayed in the box following Line 6. - Subsidized Housing Waiting Lists.
Documentation for each selection must be included in the "Scoring" tab.

NON-PROFIT QUESTIONNAIRE

The Non-Profit Questionnaire must be completed by all non-profit applicants and included in the Development Scoring tab of the application.

If the space provided by the row of blank lines is insufficient, enter “see attached” and attach the appropriate information.

APPLICANT INFO-DEVELOPMENT TEAM

The Applicant Info-Development Team must be completed by all applicants. Information that is not yet determined at the time of preliminary application must be
determined by the time of carryover application for competitive applicants and by the time of final application for non-competitive applicants.

 If, for example, the general contractor has not been selected the applicant must enter “TBD” (for “to be determined”) on the line for entering the name of the general
contractor. If “TBD” is entered then all other information regarding the general contractor may be left blank. Otherwise, all information requested must be completed.

If the space provided by the row of blank lines is insufficient, enter “see attached” and attach the appropriate information.

APPLICANT CERTIFICATION

This worksheet is the signature page for the application and must be completed for all types of applications: Preliminary, Carryover or Final Application. This section
must contain original signatures.

OFFICIAL NOTIFICATION

Notification of Local Official: The information requested here is self-explanatory.
Notification of Local Housing Authority: The information requested here is self-explanatory.
The Official Notification must be completed by all applicants and included in the Applicant Certification tab of the applicantion.

10% TEST FOR CARRYOVER

This worksheet is completed for Carryover Applications only. Column F, “Actual Incurred Costs” must be completed by the applicant.

FINAL BUILDING PROFILE

For each building the cells in the following rows must be completed, starting with Column G for the first building: rows 3, 4, 5, 6, 8, 10, 11, 17, 19; for New Construction -
row 23; for Rehabilitation – row 28; and for Acquisition – rows 33, 39 and 40.

The square footage and unit counts on the Final Building Profile must be the same as those listed on the Unit Mix & Rent worksheet. A message will appear, starting
on row 58, column A, if square footage and unit counts on Final Building Profile are not the same as those listed on the Unit Mix & Rent worksheet.

UPDATE

This worksheet contains information that changes on an annual basis, such as the currently available income limits, cost limits, applicable percentages, etc. This
worksheet will be updated as the information becomes available and the updated application will be sent to each applicant.

QCT-DDA CALCULATION - QCT & DDA

This is the current list of Qualified Census Tracts and Difficult-to-Develop Areas. Developments located in a QCT or DDA are eligible for a 130% increase in qualified
basis. See "Development Information" worksheet, Cell C26.

C1 & C2 TABLES

The C-1 & C-2 tables are used to calculate scoring under section 5.B.1. of the Allocation Plan. The scores from the C-1 & C-2 tables are automatically calculated in
cell E74 & E78 of the "Development Scoring" worksheet after cells C24 and F24 of the "Development Information " worksheet are completed.




                                                                           Application Instructions
                                                                                      4
COUNTY MEDIAN INCOME

The county area median incomes are used to calculate scoring under section 5.B.1. of the Allocation Plan. The score is automatically calculated in the "Scoring"
worksheet after cell F24 of the "Development Information " worksheet is completed and either cell B8 or B19 of the "Scoring" worksheet is checked.

BASIS LIMITS

These limits are automatically calculated on the "Annual Credit Amount" worksheet after the name of the county is entered on the "Development Information"
worksheet and after the "Unit Mix & Rents" worksheet is completed.

RENT & INCOME LIMITS

The rent and income limits are automatically calculated in the "Unit Mix & Rents" worksheet after cell F24 of the "Development Information " worksheet is completed
and the "Unit Mix & Rents" worksheet is completed.

CHFA LOAN BUDGET
This worksheet will populate automatically. The applicant does not enter data into this worksheet. This information will be shared internally if the applicant has
indicated permanent financing through CHFA.

DOH & DENVER HNDS BUDGET

This worksheet will populate automatically. The applicant does not enter data into this worksheet. This information will be shared externally if the applicant has
indicated permanent financing through the Colorado Division of Housing or Denver HNDS.

CHFA DDA CALCULATION

This worksheet will populate automatically. The applicant does not enter date into this worksheet. The applicant can find important calculations in this worksheet
for calculating the CHFA Designated DDA Basis Boost and the CHFA Factor.




                                                                          Application Instructions
                                                                                     5
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Application Instructions
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                                                     Application Fee
                                                        Amount of Annual Credit: #N/A

                Preliminary Application Fee for Competitive Application Round -
                                                             Application fee is: $2,500

                     Preliminary Application Fee for PAB-Financed Application -
                                                             Application fee is: #N/A

                      Preliminary Reservation Fee for Competitive Applications-
                                        3% of Preliminary Reservation Amount: #N/A

                        Initial Determination Fee for PAB-Financed Application -
                                                       Initial Determination fee is: #N/A

              Carryover App. Fee (not applicable to PAB-Financed Applications)
                                                      2% of Carryover Amount: #N/A

                             Final Application Fee for PAB-Financed Application: #N/A
            (Not applicable to developments that received a Carryover Allocation
                           and paid a Carryover Application Fee)

            Compliance Monitoring Fee is automatically calculated. The Fee for
            projects receiving a reservation in 2009 is $275 per low income &
            employee unit. The Fee for projects prior to 2009 is $230 per low
            income & employee unit. This Fee is due with the Placed-In-Service
            Application (PIS) or with the Final Application if there is no PIS:

                               (Fee is $275 per low income and employee units) $0



                                                  End of This Section




7/16/2010                                                  Application Fee                  f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                      Development Summary




9% Competitive Tax Credits


                                                       Applicant:   0
                                                        Contact:    0
                                                          Phone:    0
                                                          Email:    0

Low Income Targetting

                                                   Total Tax            Total Units    Total Units    Total Units Total Units   Employee     Total Market
                                Total Units        Credit units         30% AMI        40% AMI        50% AMI 60% AMI             Unit        Rate Units
Total # of 0 bedroom units           0                  0                    0              0              0           0                           0
Total # of 1 bedroom units           0                  0                    0              0              0           0            0              0
Total # of 2 bedroom units           0                  0                    0              0              0           0            0              0
Total # of 3 bedroom units           0                  0                    0              0              0           0            0              0
Total # of 4 bedroom units           0                  0                    0              0              0           0                           0
                   Total             0                  0                    0              0              0           0            0              0


Development Rents

                                  Total               Total              Net Rent       Net Rent      Net Rent     Net Rent     Empl. Unit    Net Rent
                                 Bedroom              Bath               30% AMI        40% AMI       50% AMI      60% AMI        Rent        MR Units
                                    0                  1                   $0             $0            $0           $0           NA            $0
                                    1                  1                   $0             $0            $0           $0           NA            $0
                                    1                  1                   $0             $0            $0           $0           NA            $0
                                    2                  1                   $0             $0            $0           $0           NA            $0
                                    2                  1                   $0             $0            $0           $0           NA            $0
                                    2                  2                   $0             $0            $0           $0           NA            $0
                                    2                  2                   $0             $0            $0           $0           NA            $0
                                    3                  2                   $0             $0            $0           $0           NA            $0
                                    3                  2                   $0             $0            $0           $0           NA            $0
                                    4                  2                   $0             $0            $0           $0           NA            $0



Development Financing

                                                                                      Per Unit       Per S.F.
                                              Total Project Costs: $0                 #DIV/0!        #DIV/0!
                                                      Hard Costs: $0                  #DIV/0!        #DIV/0!

                 Finance Sources other than Tax Credit Equity:      $0
                                            Tax Credit Equity:      #N/A
                                                Total Sources:      #N/A
                                                   Total Uses:      $0
                                          Sources equal Uses?       #N/A

                                                                                      PUPA
                       Total Annual Residential Operating Exp: $0                     #DIV/0!
                      Total Annual Commercial Operating Exp: $0
                                                                                      RR/Unit
                                Annual Replacement Reserve:         $0                $0
                                                  Year 1 DCR:       #DIV/0!
                                Max Allowable Developer Fee:        $0
                                          Total Developer Fee:      $0
                                Total Deferred Developer Fee:       $0
                           10 year cash flow after debt service:    $0
               Deferred Developer Fee payable within 10 years?
                           15 year cash flow after debt service:    $0
               Deferred Developer Fee payable within 15 years?




7/16/2010                                                           Development Summary                          f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                             Missing Information
                            Do not submit the application if any items are indicated below.
                                                   BE SURE TO SCROLL DOWN!
                                                     Minimum Underwriting Criteria
                           Development Operating Reserves                                                  $0
                           Minimum Reserve Requirement                                                      $0
                           The minimum operating reserve requirement has been met.
                           Minimum Replacement Reserve Requirement                                       $300
                           Annual Replacement Reserve Per Unit                                              $0
                           The minimum replacement reserve requirement is not met.
                           Annual Operating Expenses per Unit (PUPA)                                   #DIV/0!
                           Minimum PUPA Requirement                                                    $3,900
                                                          #DIV/0!
                           Annual Debt Coverage Ratio (DCR)                                            #DIV/0!
                           Minimum DCR Requirement                                                       1.15
                                                          #DIV/0!
                           Development Score                                                              #N/A
                           Minimum Competitive Score                                                       130
                              #N/A
                           Minimum Non-Competitive Score                                                    60
                              #N/A

            Either cell C18 or E18 on the 'Development Information' worksheet must be marked to indicate the type of credit requested.




            The form of site control, (Deed, Option or Lease) must be indicated starting at cell C34 of the 'Development Information' worksheet.
            Either cell E35 or H35 on the 'Development Information' worksheet must be marked.
            Either cell F40 or H40 on the 'Development Information' worksheet must be marked.
            Either cell F46 or H46 on the 'Development Information' worksheet must be marked.




            The project type (New Construction, Acquisition/Rehabilitation or Substantial Rehabilitation) must be indicated starting
            at cell C66 of the 'Development Information' worksheet.



            The type of units (Multifamily Apartments, Townhouse or Single Family Detached) must be indicated starting
             at cell C95 of the 'Development Information' worksheetThe type of units (Multifamily Apartments, Townhouse or Single Family Detached) must be indicated starting


            Indicate whether, or not, rents include utilities on the 'Unit Mix & Rents' worksheet
            Applicant name must be entered in Cell D7 of the 'Applicant Info-Development Team' worksheet.
            Applicant address must be entered in Cell D8 of the 'Applicant Info-Development Team' worksheet.
            Applicant address must include the city in Cell D9 of the 'Applicant Info-Development Team' worksheet.
            Applicant address must include the state in Cell D10 of the 'Applicant Info-Development Team' worksheet.
            Applicant address must include the zip code in Cell D11 of the 'Applicant Info-Development Team' worksheet.
            Applicant Tax I.D. number or 'TBD' must be entered in Cell D12 of the 'Applicant Info-Development Team' worksheet.
            The name of the contact person must be entered in Cell D13 of the 'Applicant Info-Development Team' worksheet.
            The phone number of the contact person must be entered in Cell D14 of the 'Applicant Info-Development Team' worksheet.
            The fax number, or 'N/A', of the contact person must be entered in Cell D15 of the 'Applicant Info-Development Team' worksheet.
            The e-mail address, or 'N/A', of the contact person must be entered in Cell D16 of the 'Applicant Info-Development Team' worksheet.
            The type of General Partner (Non-Profit Corporation, For-Profit Corporation, Public Housing Authority, etc.) must be indicated
            starting at cell D19 of the 'Applicant Info-Development Team' worksheet.
            Either Cell E33 or Cell G33 of the 'Applicant Info-Development Team' worksheet must be marked.


            Either Cell E39 or Cell G39 of the 'Applicant Info-Development Team' worksheet must be marked.


            Either Cell G49 or Cell H49 of the 'Applicant Info-Development Team' worksheet must be marked.




7/16/2010                                                                                           Missing Information                                              f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            The name of the local jurisdiction must be entered in cell E6 of the 'Official Notification' worksheet.
            The name of the chief elected official must be entered in cell E7 of the 'Official Notification' worksheet.
            The address of the chief elected official must be entered in cell E8 of the 'Official Notification' worksheet.
            The address must include the name of the city in cell E9 of the 'Official Notification' worksheet.
            The address must include the zip code in cell I9 of the 'Official Notification' worksheet.
            The phone number for the chief elected official must be entered in cell E10 of the 'Official Notification' worksheet.
            The name of the local housing authority must be entered in cell E16 of the 'Official Notification' worksheet.
            The name of the executive director must be entered in cell E17 of the 'Official Notification' worksheet.
            The address of the executive director must be entered in cell E18 of the 'Official Notification' worksheet.
            The address must include the name of the city in cell E19 of the 'Official Notification' worksheet.
            The address must include the zip code in cell I19 of the 'Official Notification' worksheet.
            The phone number for the executive director must be entered in cell E20 of the 'Official Notification' worksheet.


            Either cell B8 or cell B19 of the 'Development Scoring' worksheet must be marked.


            The name of the General Partner, if formed, must be entered in cell D80 of the 'Applicant Info-Development Team' worksheet




            The name of the developer must be entered in cell D92 of the 'Applicant Info-Development Team' worksheet




            The name of the contractor must be entered in cell D106 of the 'Applicant Info-Development Team' worksheet




            The name of the management company must be entered in cell D120 of the 'Applicant Info-Development Team' worksheet




            The name of the consultant must be entered in cell D134 of the 'Applicant Info-Development Team' worksheet




            The name of the tax attorney firm must be entered in cell D149 of the 'Applicant Info-Development Team' worksheet




            The name of the CPA firm must be entered in cell D163 of the 'Applicant Info-Development Team' worksheet




                                                                       End of This Section




7/16/2010                                                                                           Missing Information                  f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                   Project Number                                  Completed by CHFA Staff
                 2009 Application
            Preliminary Application                         Date

              Carryover Application                         Date                          Locking Applicable Percentage?
                                                                                          Yes                   No
                    Final Application                       Date

     IMPORTANT! Click on the direct link below for the current Applicable Percentage Rates (APR). For the 9% credit the APR is the higher of the current
     Month's APR or 9% until December 31, 2013. Place the higher rate in the box below. The Bond/4% APR will continue to float. Place the current 4%
     rate in the box below. For Final Applications, if the rate was locked at carryover or at bond issuance, enter the lock-in rate.
                                   http://www.chfainfo.com/documents/HCBulletin_1107.pdf


            Enter Current 9% APR In CELL D14          0.00%         For PAB-financed or Acquisition /Rehab deals, enter       0.00%
                                                                               Current 4% APR In CELL I14


        For Final Application Enter Last Building Month/Year Placed in Service Date

     TYPE OF TAX CREDIT                              4% credit                    9% credit

     I. GENERAL DEVELOPMENT INFORMATION (For the census tract number for Cell C25, click on the link below.)
                                                                                  On the left hand side of the US Census home page, there is a link for
     www.factfinder.census.gov/home/saff/main.html?_lang=en                       entering the project address in order to find the census tract #,

 A. Development Name                                                                                                         Congressional District, State
                                                                                                                             House and Senate District
     Site Address                                                                                                            Numbers

     City                                                              County
 B. Census Tract Number                                                           Zip Code
 C. After entering the Census Tract # and the County Name above, the Application will automatically indicate by "Yes" or "No" whether, or not,
                                           Yes                    No       x      the development is located in a Qualified Census Tract (QCT) or
                                                                                  Difficult Development Area (DDA) and will enter "QCT" or "DDA" in
                                                                                  cell F28 to the left if it is located in a QCT or DDA..

 D. State Senate District                                          State House District
    Congressional District
 E. Site Control: Provide two (2) copies of Site Control documentation in the Site Control tab.
    Site Control is in the form of:
                               Deed                  Option                   Lease

 F. Is the Site properly Zoned?                              Yes                            No

     If "Yes", provide evidence in the Zoning Status tab, or if "No", provide a detailed narrative in the Zoning Status tab
     describing the process for re-zoning, including the estimated dates for completion of the re-zoning process.

 G. Are all utilities available for the development?                        Yes                           No
     If NO, provide information, including timeline, on the availability of utilities.




                                                                                      Yes                           No
 H. Are there any environmental issues related to the property?
     If "YES', Please explain. In any case, describe any environmental testing procedures that
     have taken place with the property.




7/16/2010                                                        Development Information                           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
 I.   Provide at least two (2) location maps in the Narrative tab; one showing the site in relation to the local area
      and one showing the site in relation to the city or town in which the development is located.

 J. Total Number of Buildings                         Enter the number of RESIDENTIAL buildings only

 K. Number of Floors in the Tallest Building

 L. Elevator Construction: Answer "Yes" or "No"

 M. Number of Parking Spaces

 N. Project Type                                                                             Yes          No
    New Construction                                          With Federal Assistance?
    Acquisition/Rehabilitation                                With Federal Assistance?
    Substantial Rehabilitation                                With Federal Assistance?

      Please check below all of the programs or types of
      financing that apply to the proposed development.

      No Federal Assistance
      USDA Rural Development Sect. 515
      FHA Insurance-221(d)(3) or (d)(4)
      FHA Insurance-Risk-Sharing
      Tax Exempt Bond Financing
      Taxable Bond Financing
      Project-based Section 8
      McKinney Act Homeless
      Historic Rehabilitation Tax Credits
      Community Development Block Grant
      HOME                                                                       1.0
      HOPE VI
      FHLB Affordable Housing Program
      Other (please specify)                                                 The Link below will connect you to the current Applicable Federal Rate (AFR)
                                                                             http://novoco.com/low_income_housing/facts_figures/federal_rates.php




 O. Type of Units/Housing (Check One)

             Mulitfamily Apartments
                         Townhouse
            Single Family Detached

 P. Targeting of Units
                                          Number of Units        Percent of Total Units
             Assisted Elderly (Only)           0
                          AIDS/HIV             0
                     Special Needs             0
                             Family            0
                          Homeless             0
               Elderly Independent             0
                         Total Units           0                           0%




                                                            End of This Section




7/16/2010                                                      Development Information                   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                    Development Budget (for Residential Development Costs only)

    PROJECT COSTS:
                                                                          LIHTC Basis Calculation
    Land & Buildings                                   Total                4% Credit        9% Credit
                  Land                                         $0
                  Existing Structures                          $0                 $0
                  Demolition                                   $0
                                 Subtotal                      $0                 $0               $0
    Site Work
                  On Site Work                                 $0                 $0               $0
                  Off Site Work                                $0
                                 Subtotal                      $0                 $0               $0
    Rehab. & New Construction
                  New Structures                               $0                 $0               $0
                  Rehabilitation                               $0                 $0               $0
                  Accessory Structures                         $0                 $0               $0
                  General Requirements                         $0                 $0               $0
                  Contractor Overhead                          $0                 $0               $0
                  Contractor Profit                            $0                 $0               $0
                  Construction Contingency                     $0                 $0               $0
                  Permits                                      $0                 $0               $0
                  Furniture, Fixtures, & Equipment             $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                                 Subtotal                      $0                 $0               $0
    Professional Fees
                  Architect, Design                            $0                 $0               $0
                  Architect, Supervision                       $0                 $0               $0
                  Attorney, Real Estate                        $0                 $0               $0
                  Consultant/agent                             $0                 $0               $0
                  Engineer/Surveyor                            $0                 $0               $0
                  Energy Consultant                            $0                 $0               $0
                  Cost Estimator                               $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                                 Subtotal                      $0                 $0               $0
    Construction Interim Costs
                  Hazard & Liability Insurance                 $0                 $0               $0
                  Builder's Risk Insurance                     $0                 $0               $0
                  Perform. & Pymt Bonds                        $0                 $0               $0
                  Credit Report                                $0                 $0               $0
                  Construction Interest                        $0                 $0               $0
                  Constr. Origination Fees                     $0                 $0               $0
                  Mortgagee Fee                                $0                 $0               $0
                  Tap fees                                     $0                 $0               $0
                  Inspection fees                              $0                 $0               $0
                  Title & Recording                            $0                 $0               $0
                  Legal Fees                                   $0                 $0               $0
                  Prop. Taxes during const                     $0                 $0               $0
                  City Fees                                    $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                                 Subtotal                      $0                 $0               $0




7/16/2010                                            Development Budget            f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
    Permanent Financing
                 Bond Premium                             $0
                 Bond Issue 30-day lag reserve            $0
                 Bond Cost of Issuance                    $0
                 Discount Points                          $0
                 Perm Loan Origination                    $0
                 Credit Enhancement                       $0
                 Title & Recording                        $0
                 Legal Fees                               $0
                 Prepaid MIP                              $0
                 Forward Rate Lock                        $0
                 Other (Specify)                          $0
                                Subtotal                  $0                    $0                  $0
    Soft Costs
                 Feasibility Study                        $0                    $0                  $0
                 Market Study                             $0                    $0                  $0
                 Environmental Study                      $0                    $0                  $0
                 Tax Credit Fees                          $0
                 Compliance Fees                          $0
                 Appraisal                                $0                    $0                  $0
                 Cost Certification                       $0                    $0                  $0
                 Energy                                   $0                    $0                  $0
                 SC cont                                  $0                    $0                  $0
                 Other (Specify)                          $0                    $0                  $0
                                Subtotal                  $0                    $0                  $0
    Syndication Costs
                 Organization Costs                       $0
                 Bridge Loan                              $0
                 Tax Opinion                              $0
                 Legal Fees                               $0
                 Other (Specify)                          $0
                 Other (Specify)                          $0
                                Subtotal                  $0                    $0                  $0
    Developer Fees
                 Developer Fee                            $0                    $0                  $0
                 Developer Overhead                       $0                    $0                  $0
                 Developer Profit                         $0                    $0                  $0
                 Other (Specify)                          $0                    $0                  $0
                                Subtotal                  $0                    $0                  $0
    Project Reserves
                 Rent-up Reserves                         $0
                 Operating Reserves                       $0
                 Replacement Reserves                     $0
                 Other (Specify)                          $0
                 Other (Specify)                          $0
                                Subtotal                  $0                    $0                  $0
                                                                   4% Eligible Basis 9% Eligible Basis
                      TOTAL PROJECT COSTS:                $0                    $0                  $0




                                                 End of This Section




7/16/2010                                          Development Budget           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                         Final Certification for Uses of Funds
                                                         (For Final Applications Only)

   Total Costs:               $0                    Total Eligible Basis:                       $0
                                                      Aggregate Basis:

   As owner(s) of the above-referenced low-income housing development, I certify that the development
   costs contained herein are accurate and are the actual costs associated with the construction,
   acquisition and/or rehabilitation of this development. I authorize the Colorado Housing and Finance Authority
   to utilize this information in order to calculate the low-income housing tax credit for this development.

              Date: Do not sign until Final


   Signature of Development Owner:                       Do not sign until Final


   Printed Name of Signatory: Do not sign until Final


   Title of Signatory:             Do not sign until Final


   Acknowledged before me this                         day of                        , 20____

   State of         Do not sign until Final


   City of          Do not sign until Final              County of          Do not sign until Final


   My Commission expires:          Do not sign until Final


   Notary Public:                  Do not sign until Final




7/16/2010                                                    Development Budget                 f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            PROJECT COSTS: Commercial

            Land & Buildings                          Total
                       Land                                   $0
                       Existing Structures                    $0
                       Demolition                             $0
                                   Subtotal                   $0
            Site Work
                       On Site Work                           $0
                       Off Site Work                          $0
                                   Subtotal                   $0
            Rehab. & New Construction
                       New Structures                         $0
                       Rehabilitation                         $0
                       Accessory Structures                   $0
                       General Requirements                   $0
                       Contractor Overhead                    $0
                       Contractor Profit                      $0
                       Construction Contingency               $0
                       Other (Specify)                        $0
                       Other (Specify)                        $0
                       Other (Specify)                        $0
                                   Subtotal                   $0
            Professional Fees
                       Architect, Design                      $0
                       Architect, Supervision                 $0
                       Attorney, Real Estate                  $0
                       Consultant/agent                       $0
                       Engineer/Surveyor                      $0
                       Other (Specify)                        $0
                       Other (Specify)                        $0
                       Other-Accounting                       $0
                                   Subtotal                   $0
            Construction Interim Costs
                       Hazard & Liability Insurance           $0
                       Builder's Risk Insurance               $0
                       Perform. & Pymt Bonds                  $0
                       Credit Report                          $0
                       Construction Interest                  $0
                       Constr. Origination Fees               $0
                       Mortgagee Fee                          $0
                       Bond Cost of Issuance                  $0
                       Inspection fees                        $0
                       Title & Recording                      $0
                       Legal Fees                             $0
                       Prop. Taxes during const               $0
                       Other (Specify)                        $0
                       Other (Specify)                        $0
                       Other - City Fees                      $0
                                   Subtotal                   $0




7/16/2010                         Commercial Budget     f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            Permanent Financing
                       Bond Premium                          $0
                       Bond Issue 30-day lag reserve         $0
                       Discount Points                       $0
                       Perm Loan Origination                 $0
                       Credit Enhancement                    $0
                       Title & Recording                     $0
                       Legal Fees                            $0
                       Prepaid MIP                           $0
                       Other (Specify)                       $0
                       Other (Specify)                       $0
                       Other (Specify)                       $0
                                    Subtotal                 $0
            Soft Costs
                       Feasibility Study                     $0
                       Market Study                          $0
                       Environmental Study                   $0
                       Tax Credit Fees                       $0
                       Compliance Fees                       $0
                       Appraisal                             $0
                       Cost Certification                    $0
                       Other (Specify)                       $0
                       Other (Specify)                       $0
                       Other (Specify)                       $0
                                    Subtotal                 $0
            Syndication Costs
                       Organization Costs                    $0
                       Bridge Loan                           $0
                       Tax Opinion                           $0
                       Other (Specify)                       $0
                       Other (Specify)                       $0
                       Other - Accounting                    $0
                                    Subtotal                 $0
            Developer Fees
                       Developer Fee                         $0
                       Developer Overhead                    $0
                       Developer Profit                      $0
                       Other - Specify                       $0
                                    Subtotal                 $0
            Project Reserves
                       Rent-up Reserves                      $0
                       Operating Reserves                    $0
                       Replacement Reserves                  $0
                       Escrows                               $0
                       Other - Specify                       $0
                                    Subtotal                 $0


            TOTAL COMMERCIAL PROJECT COSTS:                  $0


                            End of This Section




7/16/2010                        Commercial Budget     f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                                                                                                                                                                                           CHFA Energy Efficiency Requirements

CHFA Energy Efficiency Requirements Instructions:
                                                                                           Please Provide this Certification with the Final Application
New Construction Energy Efficiency Certification
Projects must comply with the Minimum Energy Efficiency Requirements specified in Section 8. Energy Efficiency Requirements of the 2009 Qualified Application Plan as a condition of receiving Tax Credits.
Each of the following are minimum project requirements. Please enter data in the "yellow" cells:
                       A                                                           B                                                                                                                                               C                                                               D           E           F           G
                                                                                                                                                                                                                                                                                                  Unit      # Btu/h     Estimated   *Proposed       *
                                                                                                                                                                                                                                                                                                   Of        # tons       Cost      # Column E   Estimated
                                                                                                                                                                                                                                                                                                Measure     # gallons   per Unit      Units       Total
                                                                                                                                                                                                                                                                                                                                                   Cost
                           Measure                                                                        Efficiency Measure                                                                                 Minimum Energy Efficiency Requirement
              Mechanical Systems - Equipment            Gas Forced Air Furnace-Install sealed combustion, gas heating units (propane or natural gas)                                                                    Install with an AFUE rating = or > 90% & be Energy Star Qualified         btu/h        0          $0.00         0          $0.00
          (applies to all systems or sytem installed)   Central Air Conditioner (split system & package units)                                                                              Install a Seasonal energy Efficiency Ratio (SEER) of = or >14.0 and be Energy Star Qualified          tons         0          $0.00         0          $0.00
                                                        Air Source Heat Pumps for split system                                                                                                 Install Energy Star qualified with a Heating Season Performance Factor (HSPF) = or >8..2           tons         0          $0.00         0          $0.00
                                                        Air Source Heat Pumps for package system                                                                                                         Install Energy Star qualified with a HSPF = or >8.0 with an AC SEER = or > 14.0          tons         0          $0.00         0          $0.00
                                                        Ground Source Heat Pump                                                                                                                                                                         Install Energy Star Qualified system      tons         0          $0.00         0          $0.00
                                                        Gas Boilers (must be a qualified sealed combustion boiler with electronic ignition)                                                                                         Install Energy Star Qualified with an AFUE = or > 85%.        btu/h        0          $0.00         0          $0.00
                                                        Gas Hot Water Heater tank-storage type (must be sealed combustion or power direct vent water heater)                             install with an Energy Factor (EF) = or > 0.62. Will need to be Energy Star Qualified after 1/1/09      gallons       0          $0.00         0          $0.00
                                                        Gas Hot Water Heater gas tankless type (must be sealed combustion or power direct vent water heater)                             install with an Energy Factor (EF) = or > 0.82. Will need to be Energy Star Qualified after 1/1/09      gallons       0          $0.00         0          $0.00

                                                                                                                                                                                Install with a Combined Applicance Efficiency (CAE) = or > 0.80, when gas heater is used as a combined
                                                        Gas Hot Water Heater (combination system)                                                                                           appliance to provide domestic hot water and hot water as a heating source for the dwelling unit.     gallons       0          $0.00         0          $0.00
                                                        Electric Water Heater (all electric tank types)                                                                                   Install with an EF = or > 0.89 for 80 gal,, EF = or > 0.92 for 50 gal., EF = or > 0.93 for 40 gal.,    gallons       0          $0.00         0          $0.00
                                                        Electric Water Heater (tankless type)                                                                                                                                                                  Install with an EF = or > 0.99    gallons       0          $0.00         0          $0.00
                                                        Heat Pump Water Heater                                                                                                                                                                                  Install with an EF = or > 2.0    gallons       0          $0.00         0          $0.00
       Light Commercial Mechanical Systems-Equipment    Commercial hot water boiler rated at 300,000 to 10,000,000 Btu/h                                                                                                                             Install with a thermal efficiency of 80%     btu/h        0          $0.00         0          $0.00
                                                        Commercial Steam Boiler rated 300,000 to 10,000,000 Btu/h                                                                                                                                    Install with a thermal efficiency of 79%     btu/h        0          $0.00         0          $0.00
                                                        Air Source Conditioner <65,000 btu/h                                                                                                                                                                                       13.0 Seer      tons         0          $0.00         0          $0.00
                                                        Air Source Conditioner >65,000/<135,000 btu/h                                                                                                                                                                              11.0 Seer      tons         0          $0.00         0          $0.00
                                                        Air Source Conditioner >135,000/<250,000 btu/h                                                                                                                                                                             10.8 Seer      tons         0          $0.00         0          $0.00
                        Dwelling Unit                   Ceiling Fan (reversiblet)                                                                                                                                                                                      Energy Star Qualified     Fixture                  $0.00         0          $0.00
                                                        Ceiling Fan (reversible with light Kit)                                                                                                                                                                      Energy Star Qualified       Fixture                  $0.00         0          $0.00
                                                        Bath Exhaust Fan                                                                                                                                                                Install with a 10-80 CFM and Energy Star Qualified
                                                                                                                                                                                                                                                                                                 Fixture                  $0.00         0          $0.00
                                                        Bath Exhaust Fan (in-line single or multi-port)                                                                                                                                                                Energy Star Qualified     Fixture                  $0.00         0          $0.00
                           Lighting                     Compact Fluorescent Lighting, Interior Fixture                                                                                                                        13-36 Watt Fixture in place of incandescent 65 Watt Fixture        Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Interior Fixture                                                                                                                           48 Watt Fixture in place of incandescent 100 Watt Fixture       Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Interior Fixture                                                                                                                           54 Watt Fixture in place of incandescent 120 Watt Fixture       Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Interior Fixture                                                                                                                           72 Watt Fixture in place of incandescent 120 Watt Fixture       Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Exterior Fixture                                                                                                                        18-20 Watt Fixture in place of incandescent 60 Watt Fixture        Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Exterior Fixture                                                                                                                           40 Watt Fixture in place of incandescent 120 Watt Fixture       Fixture                  $0.00         0          $0.00
                                                        Compact Fluorescent Lighting, Exterior Fixture                                                                                                                           65 Watt Fixture in place of incandescent 120 Watt Fixture       Fixture                  $0.00         0          $0.00
                     Windows & Doors                                                                                                                                             Low-E Glass/Multiple Pane & NFRC rating that meets or exceeds Energy Star Qualification based on the
                                                        Windows                                                                                                                                                                                       Energy Star climate zone map               Fixture                  $0.00         0          $0.00

                                                                                                                                                                              Tubular Daylighting Device (TDD) & NFRC rating that meets or exceeds Energy Star Qualification based on
                                                        Skylights                                                                                                                                                                                   the Energy Star climate zone map             Fixture                  $0.00         0          $0.00
                                                                                                                                                                                Low-E Glass/Multiple Pane & NFRC rating that meets or exceeds Energy Star Qualification based on the
                                                        Glass Doors (Non fire rated doors)                                                                                                                                                              Energy Star climate zone map             Fixture                  $0.00         0          $0.00
                   Appliances ( if installed)           Dishwasher                                                                                                                                                                                                     Energy Star Qualified    Appliance                 $0.00         0          $0.00
                                                        Refrigerator                                                                                                                                                                                                   Energy Star Qualified    Appliance                 $0.00         0          $0.00
                                                        Clothes Washer                                                                                                                                                                                                 Energy Star Qualified    Appliance                 $0.00         0          $0.00
                                                                                                                        List Other Energy Efficiency Materials, Work Arounds, Systems installed not shown on the list above                                                                                                                        $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
                                                                                                                                                                                                                                                                                                               0          $0.00         0          $0.00
* Indicate the total number of Units to be installed in the project                                                                                                                                                                                                                                                                               $0.00

New Construction Energy Efficiency Certification:

I hereby certify that the information provided above concerning the installation of energy-efficiency measures at the project is true and correct and that I have met the CHFA
Energy Efficiency Requirements to the best of my knowledge.




Project Name


Address, City & Zip Code


Owner

Date

                                                                                                                                                                                                                                             Page 22 of 1
                                            Development Financing

                                              Tax Credit Syndication

                                       Federal Equity Factor:               $0.700     *
     *$0.70 is the preliminary rate to be used in cell G5, above. If your syndicator, however, verifies that the project will
     have a higher equity factor, then use the syndicator's verified preliminary rate.
                Syndicator:
                  Address:
                       City:                                       State:
                 Zip Code:
           Contact Person:                                        Phone:
           E-Mail Address:


                                              Permanent Financing

   List all permanent financing commitments (enforceable commitments
   are defined in Section 3.B. of the Allocation Plan). Include grants,deferred fees and owner equity.
   Copies of all commitments must be provided in the Development Financing Tab of the application.
DO NOT INCLUDE THE EQUITY TO BE RAISED BY THE SALE OF THE TAX CREDITS IN THE LIST BELOW.

              Source of Financing              Amount          Interest      Term of      Amortization
                 Loans Only                    of Funds          Rate         Loan          (Years)    Annual Debt
 1                                                                                         cash flow
 2                                                                                         cash flow
 3                                                                                         cash flow
 4                                                                                         cash flow
 5                                                                                         cash flow
 6                                                                                         cash flow
 7                                                                                         cash flow
 8                                                                                         cash flow
 9          Deferred Developer Fee                $0
10           Other Owner Equity

       Source of Financing Grants Only         of Funds
11
12
13
14
15
16
17
     Total Amount of Funds from                                                           Total Annual
     sources other than tax credits               $0                                          Debt              $0

     Tax Credit Equity                           #N/A
     Total Funds for Development                 #N/A
     Total Development Budget                     $0

       #N/A
                                                                                                              Deferred Developer Fee %:        #DIV/0!
                                                                                                                                    #N/A               #N/A
                                                                                                                                    #N/A               #N/A
                                                                                                            Total Financing Gap (GAP):                 #N/A
                                                                                                                                    #N/A
                                                                                                                                                  x
                                                                 You have requested a CHFA designated DDA Basis Boost of up to 30% to fund the GAP,
                                                            please verify that the property is not in a HUD QCT or DDA and explain why the basis boost is
                                                                                                          needed to make the project economically feasible.

          After CHFA Designated DDA Basis Boost
     Tax Credit Equity                     #N/A
     **Additional Owner Funds for the
     amount displayed needed due to the                                   #N/A                                                                  #N/A
     CHFA Factor:                                #N/A
                                                                          #N/A

     #N/A                                         $0                                                                                            #N/A


     Total Funds for Development                 #N/A
     Total Development Budget                     $0

     #N/A

7/16/2010                                                              Development Financing                               f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                      End of This Section


                                                              Final Certification for Source and Amount of Funds
                                                              (For Final Applications Only)

   Total Amount of Funds from Sources other than Tax Credits:                                      $0


   As owner(s) of the above-referenced low-income housing development, I certify that the source and
   amount of funds listed above and on the previous pages are accurate and are the only funds received by
   the development owners for the financing of this development. I authorize the Colorado Housing and
   Finance Authority to utilize this information in order to calculate the low-income housing tax credit for
   this development.


        Date: Do not sign until Final


   Signature of Development Owner:                            Do not sign until Final


   Printed Name of Signatory:               Do not sign until Final


   Title of Signatory:     Do not sign until Final


   Acknowledged before me this               day of                        , 20____


   State of    Do not sign until Final


   City of                                  County of         Do not sign until Final


   My Commission expires:                   Do not sign until Final


   Notary Public:          Do not sign until Final




7/16/2010                                                              Development Financing                       f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                           Unit Mix & Rents

            TABLE ILLUSTRATING 2008 MEDIAN INCOMES:
               # of                  % of Median Income for Area
            Persons        120%        100%       80%        65%      60%      50%        40%         30%

            1 Person       #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            2 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            3 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            4 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            5 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            6 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A

            7 Persons      #N/A        #N/A       #N/A      #N/A      #N/A     #N/A      #N/A         #N/A



            In order to complete the "Unit Mix & Rents" section, it is necessary to complete the
            Tenant Utility Information below. Documentation of the source and the effective date of the
            information must be included in the Unit Mix & Rents tab.
            Utility Allowance by Bedroom Size:
              0 bedroom        $       0              3 bedroom         $     0                Do Rents Include Utilities?
              1 bedroom        $       0              4 bedroom         $     0            Yes
              2 bedroom        $       0              5 bedroom         $     0             No




            For the Rental Income Table below, the applicant must enter unit square footage in Column D, number
            of units in Column E and Actual Rent in Column J.


                                        Unit              Projected   Max.    Less       Max.        Actual    Monthly       Total
            Income         Type of      Size      # of     Income     Gross   Utility   Adjusted      Rent      Rent         Annual
            Level            Unit     (sq. ft.)   Units     Limit     Rent    Allow.     Rent       per Unit   per S.F.       Rent


       30% of Area      0-Bd; 1 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
            Median      1-Bd; 1 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
            Income      1-Bd; 1 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        2-Bd; 1 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        2-Bd; 1 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        2-Bd; 2 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        2-Bd; 2 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        3-Bd; 2 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        3-Bd; 2 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                        4-Bd; 2 Ba       0         0         $0        $0      $0         $0          $0       $0.00          $0
                           Total 30% AMI units     0




7/16/2010                                                      Unit Mix and Rents               f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                    Unit              Projected   Max.    Less       Max.        Actual    Monthly    Total
                        Type of     Size      # of     Income     Gross   Utility   Adjusted      Rent      Rent      Annual
            Level         Unit    (sq. ft.)   Units     Limit     Rent    Allow.     Rent       per Unit   per S.F.    Rent


       40% of Area   0-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Median   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Income   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     4-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                        Total 40% AMI units    0
                                    Unit              Projected   Max.    Less       Max.        Actual    Monthly    Total
            Income      Type of     Size      # of     Income     Gross   Utility   Adjusted      Rent      Rent      Annual
            Level         Unit    (sq. ft.)   Units     Limit     Rent    Allow.     Rent       per Unit   per S.F.    Rent


       50% of Area   0-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Median   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Income   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     4-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                        Total 50% AMI units    0
                                    Unit              Projected   Max.    Less       Max.        Actual    Monthly    Total
            Income      Type of     Size      # of     Income     Gross   Utility   Adjusted      Rent      Rent      Annual
            Level         Unit    (sq. ft.)   Units     Limit     Rent    Allow.     Rent       per Unit   per S.F.    Rent


       60% of Area   0-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Median   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
            Income   1-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                     4-Bd; 2 Ba      0         0         $0        $0      $0         $0          $0       $0.00       $0
                        Total 60% AMI units    0
                                    Unit              Projected   Max.    Less       Max.        Actual    Monthly    Total
            Income      Type of     Size      # of     Income     Gross   Utility   Adjusted      Rent      Rent      Annual
            Level         Unit    (sq. ft.)   Units     Limit     Rent    Allow.     Rent       per Unit   per S.F.    Rent


       Employee      1-Bd; 1 Ba      0         0         NA        NA      NA         NA          $0       $0.00       $0
            Units    2-Bd; 1 Ba      0         0         NA        NA      NA         NA          $0       $0.00       $0
                     2-Bd; 2 Ba      0         0         NA        NA      NA         NA          $0       $0.00       $0
                     3-Bd; 2 Ba      0         0         NA        NA      NA         NA          $0       $0.00       $0
                       Total Employee units    0




7/16/2010                                                  Unit Mix and Rents               f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                          Unit                  Projected     Max.         Less        Max.           Actual    Monthly      Total
            Income         Type of        Size         # of      Income       Gross        Utility   Adjusted         Rent        Rent       Annual
            Level              Unit      (sq. ft.)     Units      Limit       Rent         Allow.      Rent       per Unit       per S.F.     Rent


            Market      0-Bd; 1 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
            Rate        1-Bd; 1 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
            Units       1-Bd; 1 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        2-Bd; 1 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        2-Bd; 1 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        2-Bd; 2 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        2-Bd; 2 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        3-Bd; 2 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        3-Bd; 2 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                        4-Bd; 2 Ba          0           0          NA           NA          NA          NA             $0        $0.00        $0
                         Total market rate units        0                                                                Total Unit Income    $0


            Total Residential S. F.         0           0      Total Units


            Total Low-Income                0           0      Total Low-Income
            Square Footage                                     Units


            Total Employee                  0           0      Total Employee
            Unit Sq. Footage                                   Units


            Total Market Rate               0           0      Total Market
            Unit Sq. Footage                                   Rate Units

            Common Space S.F.               0

            Commercial Space
            Square Footage                  0
                                                                                                        Lowest Applicable Fraction
            Square Footage                           Low Income Units                                  for calculating credit amount
            Applicable Fraction             0         Applicable Fraction       0                                     0.00%



            Total # of 0 bedroom units                  0                            Total Development Square Footage               0
            Total # of 1 bedroom units                  0
            Total # of 2 bedroom units                  0
            Total # of 3 bedroom units                  0
            Total # of 4 bedroom units                  0




                         Low-Income Units                                                             Market Rate Units
            Total # of 0 bedroom units                  0                                Total # of 0 bedroom units                 0
            Total # of 1 bedroom units                  0                                Total # of 1 bedroom units                 0
            Total # of 2 bedroom units                  0                                Total # of 2 bedroom units                 0
            Total # of 3 bedroom units                  0                                Total # of 3 bedroom units                 0
            Total # of 4 bedroom units                  0                                Total # of 4 bedroom units                 0




                                                         End of This Section




7/16/2010                                                              Unit Mix and Rents                     f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                 Development Income

      Miscellaneous Monthly Income:

      Laundry Revenue         $0.00            Revenue/Unit/Month
      Parking Revenue         $0.00            Revenue/Unit/Month
      Other (specify)         $0.00            Revenue/Unit/Month
      Other (specify)         $0.00            Revenue/Unit/Month

                  Total Annual Miscellaneous Income      $0
                          Total Annual Rental Income     $0
                     Total Annual Residential Income     $0
                              7% Vacancy Allowance       $0
                      Total Residential Gross Income     $0

               Total Annual Retail/Commercial Income     $0
                              10% Vacancy Allowance      $0
                Total Retail/Commercial Gross Income     $0

                                 Total Gross Income      $0


                             End of This Section




7/16/2010                                   Development Income      f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                         Annual Operating Expenses
                (Estimated annual operating expenses as of the end of the first full year of operation)

      Administration                                              Operations
                                 Residential    Commercial                                   Residential       Commercial
      Accounting                                         $0       Fuel (Heat/Water)                                    $0
      Advertising                                        $0       Electricity                                          $0
      Legal                                              $0       Water & Sewer                                        $0
      Leased Equipment                                   $0       Gas                                                  $0
      Management Fees                                    $0       Trash                                                $0
      Management Salaries                                $0       Security                                             $0
      Management Payroll Tax                             $0       Cable                                                $0
      Model Apartment                                    $0       Other (Specify)                                      $0
      Office Supplies                                    $0       Other (Specify)                                      $0
      Telephone                                          $0       Other (Specify)                                      $0
      Other (Specify)                                    $0       Other (Specify)                                      $0
      Other (Specify)                                    $0       Total Operations                     $0              $0
      Other (Specify)                                    $0
      Total Administration                 $0            $0



      Maintenance                                                 Fixed Expenses

                                 Residential    Commercial                                   Residential       Commercial
      Elevator                                           $0       Real Estate Taxes                                    $0
      Extermination                                      $0       Payment in Lieu of Taxes                             $0
      Grounds                                            $0       Other Tax Assessments                                $0
      Repairs                                            $0       Insurance                                            $0
      Maintenance Salaries                               $0       Payroll Tax                                          $0
      Maintenance Supplies                               $0       Other (Specify)                                      $0
      Contracts                                          $0       Other (Specify)                                      $0
      Other (Specify)                                    $0       Total Fixed Expenses                 $0              $0
      Other (Specify)                                    $0
      Total Maintenance                    $0            $0



      Total Annual Residential                                    Total Number of Units                    0
      Operating Expenses                   $0                     Per Unit Per Annum              #DIV/0!


      Total Annual Commercial                                                   #DIV/0!
      Operating Expenses                   $0                                   #DIV/0!
                                                                                #DIV/0!
      Total Annual Expenses                $0


      Total Per Unit Annual
      Replacement Reserves                 $0   Minimum Replacement Reserve is $300/unit
       x total # of units                  $0

                                                             End of This Section




7/16/2010                                                     Development Expenses                   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                         15 Year Pro Forma
                                          (Year 1 of this Pro Forma assumes full lease-up)

                            Year 1     Year 2        Year 3          Year 4           Year 5             Year 6     Year 7     Year 8
  Effective Gross Income          $0         $0            $0              $0               $0                 $0         $0         $0
  Total Project Expenses          $0         $0            $0              $0               $0                 $0         $0         $0
  Net Operating Income            $0         $0            $0              $0               $0                 $0         $0         $0
      First Mortgage              $0         $0            $0              $0               $0                 $0         $0         $0
     Second Mortgage              $0         $0            $0              $0               $0                 $0         $0         $0
      Third Mortgage              $0         $0            $0              $0               $0                 $0         $0         $0
  Net Project Cash Flow           $0         $0            $0              $0               $0                 $0         $0         $0
   Debt Coverage Ratio      #DIV/0!    #DIV/0!       #DIV/0!         #DIV/0!          #DIV/0!            #DIV/0!    #DIV/0!    #DIV/0!

   Cash Flow available
       for distribution          $0           $0              $0              $0                  $0           $0         $0         $0
  Partnership Mgt. Fees          $0           $0              $0              $0                  $0           $0         $0         $0
      Asset Mgt. Fees            $0           $0              $0              $0                  $0           $0         $0         $0
     Cash Flow Notes             $0           $0              $0              $0                  $0           $0         $0         $0
   Cash Flow Available
  after above obligations        $0           $0              $0              $0                  $0           $0         $0         $0


                            Year 9     Year 10       Year 11         Year 12         Year 13             Year 14    Year 15
  Effective Gross Income          $0         $0            $0              $0              $0                  $0         $0
  Total Project Expenses          $0         $0            $0              $0              $0                  $0         $0
  Net Operating Income            $0         $0            $0              $0              $0                  $0         $0
      First Mortgage              $0         $0            $0              $0              $0                  $0         $0
     Second Mortgage              $0         $0            $0              $0              $0                  $0         $0
      Third Mortgage              $0         $0            $0              $0              $0                  $0         $0
  Net Project Cash Flow           $0         $0            $0              $0              $0                  $0         $0
   Debt Coverage Ratio      #DIV/0!    #DIV/0!       #DIV/0!         #DIV/0!         #DIV/0!             #DIV/0!    #DIV/0!

   Cash Flow available
       for distribution          $0           $0              $0              $0                  $0           $0         $0
  Partnerhsip Mgt. Fees          $0           $0              $0              $0                  $0           $0         $0
      Asset Mgt. Fees            $0           $0              $0              $0                  $0           $0         $0
     Cash Flow Notes             $0           $0              $0              $0                  $0           $0         $0
   Cash Flow Available
  after above obligations        $0           $0              $0              $0                  $0           $0         $0


                                       Deferred Developer Fee Underwriting Criteria

                                         $0        Deferred Developer Fee


                                         $0        10 yr. cash flow available after obligations
                                                   Payable?        True or False
                                         $0        15 yr. cash flow available after obligations
                                                   Payable?        True or False




                                              End of This Section




7/16/2010                                                15 Year Pro Forma                             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                   Contractor/Developer Fee Limits

             Builder's Profit & Overhead as a Percent of Hard Construction Costs
                        Identity of Interest? Yes/No
            (See Section 3.F. of the Allocation Plan for the definition of Identity of Interest)
                                      # of Units
            With Identity                  0            Maximum % Allowed:         0%
            Without Identity               0            Maximum % Allowed:         0%
            Contractor Fees:
                 Overhead                                        $0
                 Profit                                          $0

            TOTAL Contractor Fees:                               $0
            Other Costs:
               New Structures/Rehabilitation                     $0
               On-Site Work                                      $0
               Contingency                                       $0
               Accessory Structures                              $0
            Total Costs for calculating
            Contractor Fees:                                     $0
            Max Allowable Contractor Fees:                       $0
            Amount of Eligible Basis Reduction:                  $0

            Aggregate Developer Fee, Overhead, Consultant Fee Limits


            Total Units:                  0             Maximum % Allowed:         15%


            Total Project Costs                                  $0
             Less Reduction from Above                           $0
             Less Land                                           $0
             Less Developer Fee Category                         $0
             Less Consultant Fees                                $0
             Less Project Reserves                               $0
            Total Costs for calculating
            Developer Fees:                                      $0
            ALLOWABLE Developer Fees:                            $0
            Budgeted Developer Fee:                              $0


            Amount of Eligible Basis Reduction:                  $0


                                                                 $0
                                Contractor and Developer Fees are within the CHFA limits

                                                         End of This Section




7/16/2010                                            Contractor-Developer Fee Limits         f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                             Determination of Annual Federal Tax Credit Amount

                   Method One: Qualified Basis Calculation
                   Eligible Basis from Development Budget                                                                                                         FALSE
                   Basis reduction from Fee Worksheet                                                                                                                $0
                   Federal Historical Tax Credits reduced from Basis                                                                                                 $0
                   Grant Funds reduced from Basis                                                                                                                    $0
                                                                                                                            Total Eligible Basis                     $0

  Total Eligible       HUD QCT or DDA                     Adjusted                 Applicable             Qualified               Applicable           Annual Credit
        Basis           Not Applicable=1.0              Eligible Basis              Fraction                Basis                 Percentage


     FALSE         x           1.0           =                $0              x      0.00%         =          $0            x        0.00%         =         $0
   Acquisition         HUD QCT or DDA            Not Eligible for Adjusted         Applicable             Qualified               Applicable             Acquisition
        Basis            Not Applicable          Basis                              Fraction                Basis                 Percentage               Credit

  Not Applicable   x           1.0                                           x    Not Applicable   =    Not Applicable           Not Applicable    =         $0


                                                                                                            Total Basis Annual Credit              =        $0

                   Method Two: Gap Calculation

                                                         Total Uses               Total Funds                Gap                 Equity Factor         Annual Credit
                                                             $0               -        $0          =          $0                   $0.7000         =        $0




                   Method Three: Basis Limit Calculation

                                                                                    Number               Basis Limit              Total Adjusted
                                                                                    of Units               per Unit               Eligible Basis
                                                 0 bedroom                              0                           #N/A              #N/A
                                                 1 bedroom                              0                           #N/A              #N/A
                                                 2 bedroom                              0                           #N/A              #N/A
                                                 3 bedroom                              0                           #N/A              #N/A
                                                 4 bedroom                              0                           #N/A              #N/A
                                                                                                                                      #N/A


                         Total Adjusted                 QCT or DDA                 Applicable          Adjusted Qualified         Applicable           Adjusted Annual
                         Eligible Basis               Not Applicable=1.0            Fraction                Basis                 Percentage               Credit
                              #N/A           x               1.0             x       0.00%         =         #N/A           x       0.00%          =       #N/A

                                                             Maximum Credit Award as per Section II.F. of the Allocation Plan:                         $1,250,000
                                             Based on these calculations and the maximum award available,
                                      this development is eligible for a total Annual Federal Credit in the amount of :
 #N/A


                                                                                                #N/A
 CHFA Designated DDA Annual Credit Amount:
                                                                                                #N/A                                                   #N/A
 #N/A
                                                                                                #N/A
                                                                                                                                        % CHFA DDA Basis Boost

                       Your application is subject to approval by CHFA for a CHFA Designated DDA Basis Boost
                        that has been calculated for only the amount needed to make the project economically
                                                                feasible.
                                                                                      #N/A


                                                                           End of This Section




7/16/2010                                                                    Annual Credit Amount                               f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                            Scoring
                                                    Section 1: Primary Selection Criteria
            1. Low Income Targeting: Either A. or B. Threshold must be selected below.
                           See Section 5.A.1. of the Allocation Plan for CHFA requirements under this Critieria.

                                     A. Threshold: 40% at 60% of Area Median Income


            % of Median Income       # of Rent Restricted Units   % of Rent Restricted Units          Weight        Points
                     60%                                                                               50
                     50%                                                                               72.5
                     40%                                                                               92.5


            Total Restricted Units                                                                       Points
                                         Additional points for counties under $46,750 area median income
                                                                                                 Total Points         0


                                     B. Threshold: 20% at 50% of Area Median Income


            % of Median Income       # of Rent Restricted Units   % of Rent Restricted Units          Weight        Points
                     50%                                                                               72.5
                     40%                                                                               92.5


            Total Restricted Units                                                                    Points
                                         Additional points for counties under $46,750 area median income
                                                                                                 Total Points         0



                                     C. Targeting 30% of area median income (See Section 5.A.1.c. of the Allocation
                                       Plan for eligibility requirements for making this selection)

                                         Very, Very Low-Income Targeting (Select Only One)
                                                                                                                    Points
                                     10% of Total Units at, or below, 30% of area median income                       0
                                     20% of Total Units at, or below, 30% of area median income                       0
                                     30% of Total Units at, or below, 30% of area median income                       0
                                                                                                  Total Points        0


                                                                      Total Points for Low Income Targeting           0


            2. Extended Low-Income Use (Select only one below.)

                                 Selection                    Extended Use Period                     Points
                                                     15 Years Compliance + 5 Year Waiver                0
                                                    15 Years Compliance + 10 Year Waiver                0
                                                    15 Years Compliance + 15 Year Waiver                0
                                                    15 Years Compliance + 20 Year Waiver                0
                                                    15 Years Compliance + 25 Year Waiver                0
                                                                                  Total Points          0




7/16/2010                                                                     Scoring                             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            3. Developments in a Qualified Census Tract

                             See Section 5.A.3. of the Allocation Plan for CHFA requirements under this Critieria.
            Selection                                         Criteria                                                      Points
                                                                                                                              0
                        a. Developments located in a qualified census tract, the development of which contributes to
                          a concerted Community Revitalization Plan. (A community revitalization plan is defined in
                                                   Section 5.A.3. of the Allocation Plan)
                                                                                                            Total Points      0


                                                 Section 2: Secondary Selection Criteria

            1. Housing Needs Characteristics

                        See Section 5.B.1. of the Allocation Plan for CHFA requirements under this Critieria.
                          Score related to Household Percentage below 51% AMI with Housing Problems                (the
                                   points from the C1 table are automatically calculated for cell E73 below)
                                                 Points             #N/A

                                     Score related to the number of All Householdswith Housing Problems
                                  ( the points for the C2 table are automatically calculated for cell E77 below)
                                                    Points          #N/A


            2. Development Location

                        See Section 5.B.2. of the Allocation Plan for CHFA requirements under this Critieria.


            Selection                                         Criteria                                                      Points
                        a. 'Development is located in a community that has an identified community                            0
                        housing priority; e.g. supporting a local, regional or state plan, a neighbor-
                        hood plan, a CHAS or some other community-sponsored needs assess-
                        ment, master plan, etc.. Applicant must provide evidence clearly demon-
                        strating the development fits into the community's needs.
                                                                                                           Total Points       0


            3. Development Characteristics

                                                              Criteria                                                      Points
                        a. 'Development that provides housing for a mix of incomes by having no                               0
                        more than 80% tax credit-eligible units


                        b. Developments of 50 or less total units                                                             0


                        c. Rehabiltation of blighted buildings OR locally or federally designated                             0
                        historic structures. See Section 5.B.3.c. of the Allocation Plan for the
                        definition of "blighted buildings".
                        d. Acquisition/ Rehabilitation of a Preservation Development.                                         0
                        See Section 5.B.3.d. of the Allocation Plan for the definition of a
                        "Preservation Development".
                                                                                                                              0
                        e. Rehabilitation of developments in an area that is part of a Community
                        Revitalization Plan. Points awarded only if not receiving points under Section
                        5.A.3. of the Allocation Plan. (A community revitalization plan is defined in
                        Section 5.A.3. of the Allocation Plan)
                                                                                                             Total Points     0




7/16/2010                                                                   Scoring                         f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            4. Applicant Characteristics
            Selection                                                  Criteria                                                                  Score
                            a. Applicant is a Colorado-based tax-exempt organization having an                                                      0
                            express purpose of fostering low-income housing or a Colorado public
                            housing authority. The applicant is the one and only owner of the develop-
                            ment and will remain as the one and only general partner (either itself or
                            through its or a related subsidiary). The applicant will, from the time of
                            application through the compliance period, materially participate 1 in the
                            development and operation of the development. The applicant is required
                            to complete the following tab labeled "Non-Profit Questionnaire".
                                                                                                                             Total Points           0




            5. Tenant Population with Special Housing Needs

                Selection                                              Criteria                                                                  Score
                            a. Homeless3 (Minimum of 33% of total units set-aside for Homeless)                                                     0


                            b. Supportive Housing for non-elderly Special Needs Tenants                                                             0


                                                                                                                            Total Points            0




            6. Subsidized Housing Waiting Lists

                Selection                                              Criteria                                                                  Score


                            a. Subsidized Housing Waiting List                                                                                      0




                                                                                            APPLICATION TOTAL POINTS                             #N/A

            1
             Materially participate is defined in Section 469(h) of the Code as “involved in the operation of the activity on a basis which is regular, continuous and
            substantial”.
            2
              Significant participation by a developer (either for-profit or non-profit) that has been responsible for the construction, completion and placement in service
            of a multi-family rental housing development. In order to receive points under this category, the application must include historical operating expense data
            for all multi-family housing developments that the developer has placed in service.

            3
             Eligible Individual or Family (under Section 42 of the tax Code) who: a) Lacks a fixed, regular and adequate nighttime residence; and b) Has a primary
            nighttime residence that is: 1) A supervised publicly or privately operated shelter designed to provide temporary living accommodations (including welfare
            hotels, congregate shelters, and transitional housing); 2) An institution that provides a temporary residence for individuals intended to be institutionalized;
            or 3) A public or private place not designed for, or ordinarily used as a regular sleeping accommodation for human beings. The term “Homeless Individual”
            does not include any individual imprisoned or otherwise detained under an Act of the Congress or a State law.



                                                           End of This Section




7/16/2010                                                                              Scoring                              f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                       Non-Profit Questionnaire

                 The purposes of this questionnaire are as follows:

        A. To provide information required to determine if an applicant is eligible for tax credits from the 10% set-aside of
           the annual state tax credit ceiling under Section 42(h)(5) of the Internal Revenue Code for developments
           produced by qualified non-profit organizations.

        B. To provide information to determine if an application is eligible for points under Item 4a of the Scoring Criteria
           worksheet, regarding "ownership by a Colorado tax-exempt organization, or public housing authority, with an
           express purpose of fostering low-income housing".

                 Please answer every question or indicate if not applicable. Use additional sheets if necessary.

            1.   GENERAL INFORMATION
            a.   Name of Development
            b.   Name of ownership entity
            c.   Name of participating non-profit
                         or public housing authority

                        Legal Status:                         501(c)(3)
                                                              501(c)(4)
                                                              tax-exempt under 501(a)
                                                              public housing authority
                                                              other (specify)

            d. If the non-profit or public housing authority willl participate through a related subsidiary entity, enter the name
                 of such entity.

                        Legal Status:                         501(c)(3)
                                                              501(c)(4)
                                                              tax-exempt under 501(a)
                                                              public housing authority
                                                              other (specify)


            2. Does the applicant intend to request an allocation of tax credits from the non-profit set-aside portion of the state
               credit ceiling under Section 42(h)(5)? Mark "Yes" if claiming points under 4a of the Development Selection Criteria
                                                            Yes              No

            3. Is the non-profit or PHA assured of owning an interest in the development throughout the compliance period?
                                                          Yes             No

                 a. List all the general partners of the ownership entity and the percentages of their interest:




                 b. Describe in detail the non-profit or PHA ownership interest:




            4. Describe the non-profit or PHA material participation in the development:




            5. Describe the non-profit or PHA material participation in the operation of the development throughout the
               extended use period:




7/16/2010                                                              Non Profit Questionnaire                      f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            6. Will the non-profit or PHA be contributing funds to the development?
                                                            Yes           No
               If yes, explain:




            7. Will the non-profit or PHA receive any part of the development or management fees paid in connection with
               the development?
                                                           Yes           No
                                      If yes, explain:




            8. How many full-time staff members does the non-profit or PHA have? (please specify):

              Describe the type and extent of their activities:


            9. The non-profit may not be affiliated with, or controlled by, any for-profit organization.
                   a. Has any for-profit entity (including the owner of the development or any entity directly or indirectly
                      related to such owner) appointed any directors to the governing board of the non-profit?
                                                             Yes            No
                                    If yes, explain:




                   b. Does the non-profit have any financial arrangements with any individual(s) of for-profit entity,
                      including anyone or any entity related, directly or indirectly, to the owner of the development?
                                                           Yes              No
                                    If yes, explain:




                   c. Disclose any business or personal (including family) relationships that any of the staff members,
                      directors or other principals involved in the formation or operation of the non-profit have, either directly
                      or indirectly, with any persons or entities involved or to be involved in the development on a for-profit
                      basis including, but not limited to, the owner of the development, any of its for-profit general partners,
                       employees, limited partners or any other parties directly or indirectly related to such owner:




        10. The non-profit or PHA may not have been formed by any individual(s) or for-profit entity for the principal purpose
            of being included in the non-profit set-aside or earning points under the Development Selection Criteria.

              a. Date of legal formation of non-profit or PHA:
              b. Purpose(s) of formation of non-profit:




        11. a. Provide the following required materials for the non-profit or PHA (as applicable): articles of incorporation,
            by-laws, IRS determination letter, non-profit certification of incorporation and certificate of good standing from
            Secretary of State and the list of current Board of Directors or Commissioners (include dates of appointment and
             affiliation). Provide the above items under the "Scoring" tab of the application.



                                                                      End of Section




7/16/2010                                                            Non Profit Questionnaire                       f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                                  Applicant Information

                 The applicant must either be a legal entity or individual who is, or will be, a principal in the General
                 Partnership. The General Partnership does not have to be formed at Preliminary or Carryover Application.


            A.                               Applicant:

                                               Address:

                                                     City:

                                                   State:

                                              Zip Code:

                            Taxpayer I.D. Number:
                                     Contact Person:

                                      Phone Number:

                                         FAX Number:

                                     E-mail Address:

            B. The General Partner is, or will be a:
                                                                           Non-Profit Corporation
                                                                           For-Profit Corporation
                                                                           Public Housing Authority
                                                                           Individual
                                                                           Local Government
                                                                           Other (specify)

                 Non-Profit Corporation must include the following material in "Scoring" Tab (#13) of the application:
                 Articles of Incorporation, IRS 501(c)(3)or 501(c)(4) status letter, non-profit Certificate of
                 Incorporation and Certificate of Good Standing from the Secretary of State and the completed
                 and signed Non-Profit Questionnaire (Exhibit C of the Application).


            C. Has the applicant, or other principals of the development's ownership entity, previously
               received tax credits in Colorado?                      Yes                     No


                 If "Yes", indicate development
                 name and year. Please attach
                 sheets as necessary.


                 Has the applicant, or other principals of the development's ownership entity, previously
                 received tax credits in other states?                  Yes                     No

                 If "Yes", which year(s)?


                                                                                                             Yes              No
                 Has the applicant placed any developments in service?
                 If "Yes", who is/are the limited partners using the credits?

                                 Name
                               Address
                                   City                                           State                                     Zip Code


                                 Name
                               Address
                                   City                                           State                                     Zip Code


                                 Name
                               Address
                                   City                                           State                                     Zip Code




7/16/2010                                                         Applicant Info - Development Team                                f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                     Development Team Experience


            1. Development Name:

            2. Applicant Name:

            Describe experience in successful development of low-income housing (attach list of names and addresses of
            low-income housing developments):




            3. Name of General Partner:
            Partnership Tax Identification #:
            Partnership Contact Person:
            Telephone Number                                                   Fax Number

            Describe experience in successful development of low-income housing (attach list of names and addresses of
            low-income housing developments):




            4. Name of Developer:
            Address:
            City:                                                          State                       Zip Code
            Developer Tax Identification #:
            Developer Contact Person:
            Telephone Number                                                   Fax Number

            Describe experience in successful development of multi-family housing (attach list of names and addresses of
            multi-family housing developments):




            5. Name of Contractor:
            Address:
            City:                                                          State                       Zip Code
            Contractor Tax Identification #:
            Contractor Contact Person:
            Telephone Number                                                   Fax Number

            Describe experience in successful development of multi-family housing (attach list of names and addresses of
            multi-family housing developments):




            6. Name of Management Co.:
            Address:
            City:                                                          State                       Zip Code
            Management Co. Tax I.D. #:
            Management Co. Contact Person:
            Telephone Number                                                   Fax Number

            Describe experience in successful management of low-income housing tax credit project(s) - (attach list of names
            and addresses of low-income housing tax credit developments):




7/16/2010                                           Applicant Info - Development Team              f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            7. Name of Consultant:
            Address:
            City:                                                              State                        Zip Code
            Consultant Tax I.D. #:
            Contact Person (if different):
            Telephone Number                                                           Fax Number

            Describe experience in successful development of low-income housing tax credit project(s) - (attach list of names
            and addresses of low-income housing tax credit developments):




            8. Name of Tax Attorney Firm:
            Address:
            City:                                                              State                        Zip Code
            Firm Tax I.D. #:
            Contact Person:
            Telephone Number:                                                          Fax Number

            Describe experience in successful development of low-income housing tax credit project(s) - (attach list of names
            and addresses of low-income housing tax credit developments):




            9. Name of CPA Firm:
            Address:
            City:                                                              State                        Zip Code
            Firm Tax I.D. #:
            Contact Person:
            Telephone Number:                                                          Fax Number

            Describe experience in successful development of low-income housing tax credit project(s) - (attach list of names
            and addresses of low-income housing tax credit developments):




            Do any members of the development team have any direct or indirect, financial or other interest with any of the
            other development team members, including owners' interest in the construction company or in any of the
            subcontractors to be used?
                                             Yes                    No

            If yes, describe the level of participation and/or relationship of each:




            Describe any default, disposition of or status of default, foreclosure or findings of non-compliance for any of the
            developments listed on attachments. Use an additional sheet of paper if necessary.




                                                          End of This Section




7/16/2010                                              Applicant Info - Development Team               f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                            Applicant Certification


   As part of the Application Certification, the applicant acknowledges that the application and all materials submitted by applicants
   constitute public records within the meaning of the Colorado Open Records Act (Colorado Revised Statutes Section 24-72-210 et seq.).
   Applicant further acknowledges and agrees, as part of the Application Certification, that CHFA will not treat any part of the application
   and submissions as a record that is not subject to release to the public, unless such material is segregated and clearly designated as
   falling with an exception to the Colorado Open Records Act. Otherwise, CHFA will make such material available for inspection and
   copying (for a charge of $1.00 per page) upon the request of any person. As part of the Application Certification, applicants further
   acknowledge and agree that even material that is so segregated and designated may become subject to release upon a successful
   challenge by a member of the public.


   The undersigned applicant hereby makes application to CHFA for reservation of housing credit dollar
   amounts that are listed in the application. The undersigned agrees that CHFA will at all times be
   indemnified and held harmless against all losses, costs, damages, expenses and liabilities of
   whatsoever nature or kind ( including, but not limited to, attorney's fees, litigation and court costs, amounts
   paids to discharge judgment, any loss from judgment from the Internal Revenue Service) directly or
   indirectly resulting from, arising out of, or related to acceptance, consideration and approval or
   disapproval of such reservation request.

   The undersigned, being duly authorized, hereby represents and certifies that the foregoing information,
   including all attached and applicable exhibits, to the best of his/her knowledge, is true, complete and
   accurately describes the proposed development. Misreperesentations of any kind will be grounds for
   denial or loss of the tax credits and may affect future participations in the tax credit program in
   Colorado.

   The undersigned applicant hereby certifies that all consultant fees, architect fees, builder fees and
   developer fees are properly disclosed and conform to the limitations of these fees as outlined in
   Section 3.G. of the Qualified Allocation Plan.

   IN WITNESS WHEREOF, the applicant has caused this document to be duly executed in its name on this

                   day of                                , 20




   Name of Preparer (person completing the application)

        By:
                            Name


                            Title

       STATE OF

    COUNTY OF

         Acknowledged before me this           day of                         , 20

         by

         as

         of                                                                                .

                 My Commission expires:



                                               Notary Public




7/16/2010                                                   Applicant Certification            f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
   IN WITNESS WHEREOF, the applicant has caused this document to be duly executed in its name on this
                 day of                              , 20



                  Legal Name of Applicant
       By:
                          Name

                          Title

      STATE OF

    COUNTY OF

        Acknowledged before me this         day of                      , 20

        by

        as

        of                                                                        .

                My Commission expires:



                                            Notary Public



                                                     End of This Section




7/16/2010                                               Applicant Certification       f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                  Notification of Local Official

      A. The Tax Code requires that CHFA notify the local political jurisdiction (town or city, if incorporated,
         otherwise the county) in which the development will be located. Below, you must provide the name and
         address of the current Chief Executive Officer,or equivalent, of the political jurisdiction.
                         Name of Jurisdiction
             Name of Chief Executive Officer
                                     Address
                                         City                                      Zip Code
                                       Phone

                                          Notification of Local Housing Authority
      B. Below you must provide the name, address, and current Executive Director or equivalent of the Local
         Housing Authority.


            Name of Local Housing Authority
                  Name of Executive Director
                                     Address
                                         City                                      Zip Code
                                       Phone




                                                  End of This Section




7/16/2010                                              Official Notification          f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                                       10% Test for Carryover Allocation Application
                                                         Expected Basis and Itemized Expenditures
                                                                       as of
                 Project Number:
            PROJECT COSTS:
                                                             Total Expected      Actual Incurred      % of Total Expected
            Land & Buildings                                  Project Basis          Costs               Project Basis
                          Land                                              $0                $0                            0
                          Existing Structures                               $0                $0                            0
                                      Subtotal                              $0                $0
            Site Work
                          On-Site Work                                     $0                $0                             0

            Rehab. & New Construction
                          New Structures                                   $0                $0                             0
                          Rehabilitation                                   $0                $0                             0
                          Accessory Structures                             $0                $0                             0
                          General Requirements                             $0                $0                             0
                          Contractor Overhead                              $0                $0                             0
                          Contractor Profit                                $0                $0                             0
                          Construction Contingency                         $0                $0                             0
                          Permits                                          $0                $0                             0
                          Furniture, Fixtures, & Equipment                 $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                                       Subtotal                            $0                $0
            Professional Fees
                          Architect, Design                                $0                $0                             0
                          Architect, Supervision                           $0                $0                             0
                          Attorney, Real Estate                            $0                $0                             0
                          Consultant/agent                                 $0                $0                             0
                          Engineer/Surveyor                                $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                                       Subtotal                            $0                $0
            Construction Interim Costs
                          Hazard & Liability Insurance                     $0                $0                             0
                          Builder's Risk Insurance                         $0                $0                             0
                          Perform. & Pymt Bonds                            $0                $0                             0
                          Credit Report                                    $0                $0                             0
                          Construction Interest                            $0                $0                             0
                          Constr. Origination Fees                         $0                $0                             0
                          Mortgagee Fee                                    $0                $0                             0
                          Tap Fees                                         $0                $0                             0
                          Inspection fees                                  $0                $0                             0
                          Title & Recording                                $0                $0                             0
                          Legal Fees                                       $0                $0                             0
                          Prop. Taxes during const                         $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                                       Subtotal                            $0                $0
            Soft Costs
                          Feasibility Study                                $0                $0                             0
                          Market Study                                     $0                $0                             0
                          Environmental Study                              $0                $0                             0
                          Tax Credit Fees                                  $0                $0                             0
                          Appraisal                                        $0                $0                             0
                          Cost Certification                               $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                          Other (Specify)                                  $0                $0                             0
                                       Subtotal                            $0                $0
            Developer Fees
                          Developer Fee                                    $0                $0                             0
                          Developer Overhead                               $0                $0                             0
                          Developer Profit                                 $0                $0                             0
                          Other - Specify                                  $0                $0                             0
                                       Subtotal                            $0                $0

                           Total Expected Project Basis:                $0.00             $0.00                             0



                                                    End of This Section


7/16/2010                                              10% Test for Carryover                      f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
              Project Number:
                                                         Building I. D. Number (entered by CHFA staff):
                                                                    Enter the Building Street Address:
       1 Enter the Total Number of Units in Building (including employee units):                                                  0
       2 Enter the Total Number of Employee Units in Building:                                                                    0
       3 Enter the Total Number of Low-Income Units in Building:                                                                  0
       4 Enter the Total Residential Square Footage in Building:                                                                  0
         (including all common units)
       5 Enter the Total Square Footage of Employee Units in Building:                                                            0
       6 Enter Total Square Footage of Low-Income Units in Building:                                                              0
                                                            Low-Income Unit Applicable Fraction for Building:                  #DIV/0!
                                                             Square Footage Applicable Fraction for Building:                  #DIV/0!
                                                          Lowest Applicable for Calculating Credit for Building:               #DIV/0!
       7 Enter the Month/Day/Year of Placed-In-Service Date for Building:
            http://www.colohfa.org/documents/HC
            Bulletin.pdf
            Applicable Percentage for Calculating Building Credit Amount:                                                       FALSE

      FOR NEW CONSTRUCTION PROJECTS:
       1 Enter each Building's Eligible Basis:                                                                                   0.00

                                                                                                    $0
                                #N/A                                                             #N/A                            0.00
      FOR MAJOR REHABILITATION:
       1 Enter each Building's Total Eligible Basis for Major Rehabilitation:                                                    0.00
                                                                                                 $0.00

      #N/A                                                                                       #N/A                            0.00
      FOR ACQUISITION COSTS:
       1 Enter the Total Cost of Acquiring the Building (include the cost of land):                                              0.00
                                                                                                 $0.00
       2 Enter the Higher of Land Purchase Price or Land Appraised Value Proportional to the
         Total Cost of Acquiring the Building:                                                                                   0.00

                                                                                                 $0.00
       3 Building Total Eligible Basis for Acquisition Costs (Subtract Line 2 from Line 1):                                       0
                                                                                                 $0.00

            Enter the Month/Year of Acquisition Placed-in-Service Date
            Month/Year of Lock-In for Applicable Percentage:                                                                      0
            Lock-in Rate Automatically Entered in Row 41                                                                          0

                           Total New Const./Rehab Eligible Basis                                           -                    0.00
                          Total New Const./Rehab Qualified Basis                          #DIV/0!                              #DIV/0!
                         New Const./Rehab Annual Credit Amount                            #DIV/0!                              #DIV/0!
                                     Total Acquisition Eligible Basis                                      -                     0
                                   Total Acquisition Qualified Basis                      #DIV/0!                              #DIV/0!
                                Total New Acquisition Annual Credit                       #DIV/0!                              #DIV/0!

        Qualified Basis Calc               #DIV/0!          Sum of Rehab+Acq                     #DIV/0!
            Rehab + Acq Calc           #N/A                  Min Annual Credit                    #N/A                          #N/A
            Sum of Row 54              #N/A          Total Rehab Annual Credit                             #N/A                 #N/A
                                                                                                                                #N/A
                                                        Total Acq Annual Credit                   #N/A                          #N/A




7/16/2010                                                               Final Building Profile                     f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                     #DIV/0!               #DIV/0!
                                     #DIV/0!               #DIV/0!
                                     #DIV/0!               #DIV/0!




7/16/2010   Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
              0       0                                0                         0
              0       0                                0                         0
              0       0                                0                         0
              0       0                                0                         0

              0       0                                0                         0
              0       0                                0                         0
               0       0                                0                         0
               0       0                                0                         0
            0.00%   0.00%                            0.00%                     0.00%




            FALSE   FALSE                            FALSE                     FALSE



            0.00    0.00                             0.00                       0.00



            0.00    0.00                             0.00                       0.00

            0.00    0.00                             0.00                       0.00



            0.00    0.00                             0.00                       0.00

            0.00    0.00                             0.00                       0.00



            0.00    0.00                             0.00                       0.00


              0       0                                0                         0




              0       0                                0                         0
              0       0                                0                         0

            0.00    0.00                             0.00                       0.00
            0.00    0.00                             0.00                       0.00
            0.00    0.00                               0                          0
              0       0                                0                          0
            0.00    0.00                             0.00                       0.00
            0.00    0.00                             0.00                       0.00



            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
              0       0                                0                         0
              0       0                                0                         0
              0       0                                0                         0
              0       0                                0                         0

              0       0                                0                         0
              0       0                                0                         0
               0       0                                0                         0
               0       0                                0                         0
            0.00%   0.00%                            0.00%                     0.00%




            FALSE   FALSE                            FALSE                     FALSE



            0.00    0.00                             0.00                       0.00



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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A
            #N/A    #N/A                             #N/A                      #N/A




7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!
            #DIV/0!   #DIV/0!                            #DIV/0!                    #DIV/0!




7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                   Final Building Profile           f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
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7/16/2010                       Final Building Profile             f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
7/16/2010   Final Building Profile   f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
2009 Basis Limit Test
                                                              2009 Zone Factors
Bdm. Size    Elevator Base Non-Elevator Base          Zone 1 Factor               2.85
     0                  48,050           44,484       Zone 2 Factor               2.88
     1                  55,084           50,493       Zone 3 Factor               2.85
     2                  66,979           61,033
     3                  86,648           76,607
     4                  95,114           86,808



             Zone 1-Denver                                            Zone 2-Aspen
Bdm. Size      Elevator    Non-Elevator               Bdm. Size              Elevator Non-Elevator
      0            136,865.00        126,708.00              0               138,499.00   128,220.00
      1            156,901.00        143,824.00              1               158,774.00   145,541.00
      2            190,782.00        173,846.00              2               193,060.00   175,921.00
      3            246,808.00        218,207.00              3               249,754.00   220,812.00
      4            270,922.00        247,263.00              4               274,156.00   250,215.00




                                 Adams            1
                                 Alamosa          2
                                 Arapahoe         1
                                 Archuleta        2
                                 Baca             1
                                 Bent             1
                                 Boulder          1
                                 Chafee           2
                                 Cheyenne         1
                                 Clear Creek      2
                                 Conejos          2
                                 Costilla         2
                                 Crowley          1
                                 Custer           1
                                 Delta            3
                                 Denver           1
                                 Dolores          3
                                 Douglas          1
                                 Eagle            2
                                 El Paso          1
                                 Elbert           1
                                 Fremont          1
                                 Garfield         3
                                 Gilpin           2
                                 Grand            2
                                 Gunnison         2
                             Hinsdale          2
                             Huerfano          1
                             Jackson           2
                             Jefferson         1
                             Kiowa             1
                             Kit Carson        1
                             La Plata          3
                             Lake              2
                             Larimer           1
                             Las Animas        1
                             Lincoln           1
                             Logan             1
                             Mesa              3
                             Mineral           2
                             Moffat            3
                             Montezuma         3
                             Montrose          3
                             Morgan            1
                             Otero             1
                             Ouray             2
                             Park              2
                             Phillips          1
                             Pitkin            2
                             Prowers           1
                             Pueblo            1
                             Rio Blanco        3
                             Rio Grande        2
                             Routt             2
                             Saguache          2
                             San Juan          3
                             San Miguel        3
                             Sedgwick          1
                             Summit            2
                             Teller            1
                             Washington        1
                             Weld              1
                             Yuma              1



Rent and Income Limits Update

Adams               50,300   Adams         57,400   Adams         64,600   Adams
Alamosa             37,700   Alamosa       43,100   Alamosa       48,500   Alamosa
Arapahoe            50,300   Arapahoe      57,400   Arapahoe      64,600   Arapahoe
Archuleta           37,700   Archuleta     43,100   Archuleta     48,500   Archuleta
Baca                37,700   Baca          43,100   Baca          48,500   Baca
Bent                37,700   Bent          43,100   Bent          48,500   Bent
Boulder             60,900   Boulder       69,600   Boulder       78,300   Boulder
Broomfield          50,300   Broomfield    57,400   Broomfield    64,600   Broomfield
Chafee              37,700   Chafee        43,100   Chafee        48,500   Chafee
Cheyenne            38,600   Cheyenne      44,100   Cheyenne      49,600   Cheyenne
Clear Creek         50,300   Clear Creek   57,400   Clear Creek   64,600   Clear Creek
Conejos      37,700   Conejos      43,100   Conejos      48,500   Conejos
Costilla     37,700   Costilla     43,100   Costilla     48,500   Costilla
Crowley      37,700   Crowley      43,100   Crowley      48,500   Crowley
Custer       37,700   Custer       43,100   Custer       48,500   Custer
Delta        37,700   Delta        43,100   Delta        48,500   Delta
Denver       50,300   Denver       57,400   Denver       64,600   Denver
Dolores      37,700   Dolores      43,100   Dolores      48,500   Dolores
Douglas      50,300   Douglas      57,400   Douglas      64,600   Douglas
Eagle        58,700   Eagle        67,000   Eagle        75,400   Eagle
El Paso      47,600   El Paso      54,400   El Paso      61,200   El Paso
Elbert       50,300   Elbert       57,400   Elbert       64,600   Elbert
Fremont      37,700   Fremont      43,100   Fremont      48,500   Fremont
Garfield     46,600   Garfield     53,200   Garfield     59,900   Garfield
Gilpin       50,300   Gilpin       57,400   Gilpin       64,600   Gilpin
Grand        47,500   Grand        54,200   Grand        61,000   Grand
Gunnison     44,700   Gunnison     51,000   Gunnison     57,400   Gunnison
Hinsdale     39,600   Hinsdale     45,200   Hinsdale     50,900   Hinsdale
Huerfano     37,700   Huerfano     43,100   Huerfano     48,500   Huerfano
Jackson      37,700   Jackson      43,100   Jackson      48,500   Jackson
Jefferson    50,300   Jefferson    57,400   Jefferson    64,600   Jefferson
Kiowa        37,700   Kiowa        43,100   Kiowa        48,500   Kiowa
Kit Carson   37,700   Kit Carson   43,100   Kit Carson   48,500   Kit Carson
La Plata     43,700   La Plata     49,900   La Plata     56,200   La Plata
Lake         39,600   Lake         45,200   Lake         50,900   Lake
Larimer      52,500   Larimer      60,000   Larimer      67,500   Larimer
Las Animas   37,700   Las Animas   43,100   Las Animas   48,500   Las Animas
Lincoln      37,700   Lincoln      43,100   Lincoln      48,500   Lincoln
Logan        37,700   Logan        43,100   Logan        48,500   Logan
Mesa         38,500   Mesa         44,000   Mesa         49,500   Mesa
Mineral      39,600   Mineral      45,200   Mineral      50,900   Mineral
Moffat       38,700   Moffat       44,200   Moffat       49,800   Moffat
Montezuma    37,700   Montezuma    43,100   Montezuma    48,500   Montezuma
Montrose     37,700   Montrose     43,100   Montrose     48,500   Montrose
Morgan       37,700   Morgan       43,100   Morgan       48,500   Morgan
Otero        37,700   Otero        43,100   Otero        48,500   Otero
Ouray        43,000   Ouray        49,100   Ouray        55,300   Ouray
Park         50,300   Park         57,400   Park         64,600   Park
Phillips     37,700   Phillips     43,100   Phillips     48,500   Phillips
Pitkin       68,300   Pitkin       78,100   Pitkin       87,800   Pitkin
Prowers      37,700   Prowers      43,100   Prowers      48,500   Prowers
Pueblo       37,700   Pueblo       43,100   Pueblo       48,500   Pueblo
Rio Blanco   39,800   Rio Blanco   45,400   Rio Blanco   51,100   Rio Blanco
Rio Grande   37,700   Rio Grande   43,100   Rio Grande   48,500   Rio Grande
Routt        53,000   Routt        60,600   Routt        68,100   Routt
Saguache     37,700   Saguache     43,100   Saguache     48,500   Saguache
San Juan     37,700   San Juan     43,100   San Juan     48,500   San Juan
San Miguel   51,800   San Miguel   59,200   San Miguel   66,600   San Miguel
Sedgwick     37,700   Sedgwick     43,100   Sedgwick     48,500   Sedgwick
Summit       56,900   Summit       65,000   Summit       73,200   Summit
Teller       48,500   Teller       55,400   Teller       62,400   Teller
Washington   37,700   Washington   43,100   Washington   48,500   Washington
Weld         44,800   Weld         51,200   Weld         57,600   Weld
Yuma         37,700   Yuma         43,100   Yuma         48,500   Yuma
Adams         40,200   Adams         45,950   Adams         51,700   Adams
Alamosa       30,200   Alamosa       34,500   Alamosa       38,800   Alamosa
Arapahoe      40,200   Arapahoe      45,950   Arapahoe      51,700   Arapahoe
Archuleta     30,200   Archuleta     34,500   Archuleta     38,800   Archuleta
Baca          30,200   Baca          34,500   Baca          38,800   Baca
Bent          30,200   Bent          34,500   Bent          38,800   Bent
Boulder       43,050   Boulder       49,200   Boulder       55,350   Boulder
Broomfield    40,200   Broomfield    45,950   Broomfield    51,700   Broomfield
Chafee        30,200   Chafee        34,500   Chafee        38,800   Chafee
Cheyenne      30,850   Cheyenne      35,300   Cheyenne      39,700   Cheyenne
Clear Creek   40,200   Clear Creek   45,950   Clear Creek   51,700   Clear Creek
Conejos       30,200   Conejos       34,500   Conejos       38,800   Conejos
Costilla      30,200   Costilla      34,500   Costilla      38,800   Costilla
Crowley       30,200   Crowley       34,500   Crowley       38,800   Crowley
Custer        30,200   Custer        34,500   Custer        38,800   Custer
Delta         30,200   Delta         34,500   Delta         38,800   Delta
Denver        40,200   Denver        45,950   Denver        51,700   Denver
Dolores       30,200   Dolores       34,500   Dolores       38,800   Dolores
Douglas       40,200   Douglas       45,950   Douglas       51,700   Douglas
Eagle         43,050   Eagle         49,200   Eagle         55,350   Eagle
El Paso       38,100   El Paso       43,500   El Paso       48,950   El Paso
Elbert        40,200   Elbert        45,950   Elbert        51,700   Elbert
Fremont       30,200   Fremont       34,500   Fremont       38,800   Fremont
Garfield      37,250   Garfield      42,550   Garfield      47,900   Garfield
Gilpin        40,200   Gilpin        45,950   Gilpin        51,700   Gilpin
Grand         38,000   Grand         43,400   Grand         48,850   Grand
Gunnison      35,750   Gunnison      40,850   Gunnison      45,950   Gunnison
Hinsdale      31,650   Hinsdale      36,150   Hinsdale      40,700   Hinsdale
Huerfano      30,200   Huerfano      34,500   Huerfano      38,800   Huerfano
Jackson       30,200   Jackson       34,500   Jackson       38,800   Jackson
Jefferson     40,200   Jefferson     45,950   Jefferson     51,700   Jefferson
Kiowa         30,200   Kiowa         34,500   Kiowa         38,800   Kiowa
Kit Carson    30,200   Kit Carson    34,500   Kit Carson    38,800   Kit Carson
La Plata      34,950   La Plata      39,900   La Plata      44,900   La Plata
Lake          31,650   Lake          36,150   Lake          40,700   Lake
Larimer       42,000   Larimer       48,000   Larimer       54,000   Larimer
Las Animas    30,200   Las Animas    34,500   Las Animas    38,800   Las Animas
Lincoln       30,200   Lincoln       34,500   Lincoln       38,800   Lincoln
Logan         30,200   Logan         34,500   Logan         38,800   Logan
Mesa          30,800   Mesa          35,200   Mesa          39,600   Mesa
Mineral       31,650   Mineral       36,150   Mineral       40,700   Mineral
Moffat        31,000   Moffat        35,400   Moffat        39,850   Moffat
Montezuma     30,200   Montezuma     34,500   Montezuma     38,800   Montezuma
Montrose      30,200   Montrose      34,500   Montrose      38,800   Montrose
Morgan        30,200   Morgan        34,500   Morgan        38,800   Morgan
Otero         30,200   Otero         34,500   Otero         38,800   Otero
Ouray         34,350   Ouray         39,300   Ouray         44,200   Ouray
Park          40,200   Park          45,950   Park          51,700   Park
Phillips      30,200   Phillips      34,500   Phillips      38,800   Phillips
Pitkin        44,650   Pitkin        51,000   Pitkin        57,400   Pitkin
Prowers       30,200   Prowers       34,500   Prowers       38,800   Prowers
Pueblo        30,200   Pueblo        34,500   Pueblo        38,800   Pueblo
Rio Blanco    31,800   Rio Blanco    36,350   Rio Blanco    40,900   Rio Blanco
Rio Grande    30,200   Rio Grande    34,500   Rio Grande    38,800   Rio Grande
Routt         42,400   Routt         48,450   Routt         54,500   Routt
Saguache      30,200   Saguache      34,500   Saguache      38,800   Saguache
San Juan      30,200   San Juan      34,500   San Juan      38,800   San Juan
San Miguel    41,450   San Miguel    47,350   San Miguel    53,300   San Miguel
Sedgwick      30,200   Sedgwick      34,500   Sedgwick      38,800   Sedgwick
Summit        43,050   Summit        49,200   Summit        55,350   Summit
Teller        38,800   Teller        44,350   Teller        49,900   Teller
Washington    30,200   Washington    34,500   Washington    38,800   Washington
Weld          35,850   Weld          40,950   Weld          46,100   Weld
Yuma          30,200   Yuma          34,500   Yuma          38,800   Yuma


Adams         15,100   Adams         17,250   Adams         19,400   Adams
Alamosa       11,300   Alamosa       12,950   Alamosa       14,550   Alamosa
Arapahoe      15,100   Arapahoe      17,250   Arapahoe      19,400   Arapahoe
Archuleta     11,300   Archuleta     12,950   Archuleta     14,550   Archuleta
Baca          11,300   Baca          12,950   Baca          14,550   Baca
Bent          11,300   Bent          12,950   Bent          14,550   Bent
Boulder       18,250   Boulder       20,900   Boulder       23,500   Boulder
Broomfield    15,100   Broomfield    17,250   Broomfield    19,400   Broomfield
Chafee        11,300   Chafee        12,950   Chafee        14,550   Chafee
Cheyenne      11,600   Cheyenne      13,250   Cheyenne      14,900   Cheyenne
Clear Creek   15,100   Clear Creek   17,250   Clear Creek   19,400   Clear Creek
Conejos       11,300   Conejos       12,950   Conejos       14,550   Conejos
Costilla      11,300   Costilla      12,950   Costilla      14,550   Costilla
Crowley       11,300   Crowley       12,950   Crowley       14,550   Crowley
Custer        11,300   Custer        12,950   Custer        14,550   Custer
Delta         11,300   Delta         12,950   Delta         14,550   Delta
Denver        15,100   Denver        17,250   Denver        19,400   Denver
Dolores       11,300   Dolores       12,950   Dolores       14,550   Dolores
Douglas       15,100   Douglas       17,250   Douglas       19,400   Douglas
Eagle         17,600   Eagle         20,100   Eagle         22,650   Eagle
El Paso       14,300   El Paso       16,300   El Paso       18,350   El Paso
Elbert        15,100   Elbert        17,250   Elbert        19,400   Elbert
Fremont       11,300   Fremont       12,950   Fremont       14,550   Fremont
Garfield      13,950   Garfield      15,950   Garfield      17,950   Garfield
Gilpin        15,100   Gilpin        17,250   Gilpin        19,400   Gilpin
Grand         14,250   Grand         16,300   Grand         18,300   Grand
Gunnison      13,400   Gunnison      15,300   Gunnison      17,250   Gunnison
Hinsdale      11,850   Hinsdale      13,550   Hinsdale      15,250   Hinsdale
Huerfano      11,300   Huerfano      12,950   Huerfano      14,550   Huerfano
Jackson       11,300   Jackson       12,950   Jackson       14,550   Jackson
Jefferson     15,100   Jefferson     17,250   Jefferson     19,400   Jefferson
Kiowa         11,300   Kiowa         12,950   Kiowa         14,550   Kiowa
Kit Carson    11,300   Kit Carson    12,950   Kit Carson    14,550   Kit Carson
La Plata      13,100   La Plata      14,950   La Plata      16,850   La Plata
Lake          11,850   Lake          13,550   Lake          15,250   Lake
Larimer       15,750   Larimer       18,000   Larimer       20,250   Larimer
Las Animas    11,300   Las Animas    12,950   Las Animas    14,550   Las Animas
Lincoln       11,300   Lincoln       12,950   Lincoln       14,550   Lincoln
Logan         11,300   Logan         12,950   Logan         14,550   Logan
Mesa                11,550   Mesa            13,200   Mesa              14,850   Mesa
Mineral             11,850   Mineral         13,550   Mineral           15,250   Mineral
Moffat              11,600   Moffat          13,300   Moffat            14,950   Moffat
Montezuma           11,300   Montezuma       12,950   Montezuma         14,550   Montezuma
Montrose            11,300   Montrose        12,950   Montrose          14,550   Montrose
Morgan              11,300   Morgan          12,950   Morgan            14,550   Morgan
Otero               11,300   Otero           12,950   Otero             14,550   Otero
Ouray               12,900   Ouray           14,700   Ouray             16,550   Ouray
Park                15,100   Park            17,250   Park              19,400   Park
Phillips            11,300   Phillips        12,950   Phillips          14,550   Phillips
Pitkin              20,500   Pitkin          23,450   Pitkin            26,350   Pitkin
Prowers             11,300   Prowers         12,950   Prowers           14,550   Prowers
Pueblo              11,300   Pueblo          12,950   Pueblo            14,550   Pueblo
Rio Blanco          11,950   Rio Blanco      13,650   Rio Blanco        15,350   Rio Blanco
Rio Grande          11,300   Rio Grande      12,950   Rio Grande        14,550   Rio Grande
Routt               15,900   Routt           18,150   Routt             20,450   Routt
Saguache            11,300   Saguache        12,950   Saguache          14,550   Saguache
San Juan            11,300   San Juan        12,950   San Juan          14,550   San Juan
San Miguel          15,550   San Miguel      17,750   San Miguel        20,000   San Miguel
Sedgwick            11,300   Sedgwick        12,950   Sedgwick          14,550   Sedgwick
Summit              17,100   Summit          19,500   Summit            21,950   Summit
Teller              14,550   Teller          16,650   Teller            18,700   Teller
Washington          11,300   Washington      12,950   Washington        14,550   Washington
Weld                13,450   Weld            15,350   Weld              17,300   Weld
Yuma                11,300   Yuma            12,950   Yuma              14,550   Yuma


Applicable Percentage Update

                                   Dec-98    0.0814           Dec-98    0.0349
                                   Jan-99    0.0815           Jan-99    0.0349
                                   Feb-99    0.0816           Feb-99     0.035
                                   Mar-99    0.0818           Mar-99    0.0351
                                   Apr-99    0.0828           Apr-99    0.0355
                                   May-99    0.0827           May-99    0.0354
                                   Jun-99     0.083           Jun-99    0.0356
                                    Jul-99    0.084            Jul-99    0.036
                                   Aug-99    0.0843           Aug-99    0.0361
                                   Sep-99    0.0843           Sep-99    0.0361
                                   Oct-99    0.0845           Oct-99    0.0362
                                   Nov-99    0.0846           Nov-99    0.0363
                                   Dec-99    0.0849           Dec-99    0.0364
                                   Jan-00    0.0848           Jan-00    0.0364
                                   Feb-00    0.0857           Feb-00    0.0367
                                   Mar-00    0.0859           Mar-00    0.0368
                                   Apr-00    0.0855           Apr-00    0.0366
                                   May-00    0.0848           May-00    0.0363
                                   Jun-00    0.0853           Jun-00    0.0365
                                    Jul-00   0.0853            Jul-00   0.0366
                                   Aug-00    0.0847           Aug-00    0.0363
                                   Sep-00    0.0844           Sep-00    0.0362
                                   Oct-00    0.0841           Oct-00     0.036
                                   Nov-00    0.0842           Nov-00    0.0361
                             Dec-00    0.0839   Dec-00    0.0359
                             Jan-01    0.0833   Jan-01    0.0357
                             Feb-01    0.0823   Feb-01    0.0353
                             Mar-01    0.0824   Mar-01    0.0353
                             Apr-01    0.0821   Apr-01    0.0352
                             May-01    0.0819   May-01    0.0351
                             Jun-01    0.0826   Jun-01    0.0354
                              Jul-01   0.0828    Jul-01   0.0355
                             Aug-01    0.0825   Aug-01    0.0354
                             Sep-01    0.0821   Sep-01    0.0352
                             Oct-01    0.0816   Oct-01     0.035
                             Nov-01     0.081   Nov-01    0.0347
                             Dec-01    0.0805   Dec-01    0.0345
                             Jan-02    0.0816   Jan-02     0.035
                             Feb-02    0.0819   Feb-02    0.0351
                             Mar-02    0.0817   Mar-02     0.035
                             Apr-02     0.082   Apr-02    0.0351
                             May-02    0.0827   May-02    0.0354
                             Jun-02    0.0822   Jun-02    0.0352
                              Jul-02    0.082    Jul-02   0.0351
                             Aug-02    0.0813   Aug-02    0.0348
                             Sep-02    0.0804   Sep-02    0.0345
                             Oct-02    0.0797   Oct-02    0.0342
                             Nov-02    0.0789   Nov-02    0.0338
                             Dec-02    0.0795   Dec-02    0.0341
                             Jan-03    0.0797   Jan-03    0.0341




Low-Income County Update
Adams                    0
Alamosa                20
Arapahoe                 0
Archuleta                0
Baca                   20
Bent                   20
Boulder                  0
Chafee                   0
Cheyenne                 0
Clear Creek              0
Conejos                20
Costilla               20
Crowley                20
Custer                   0
Delta                  20
Denver                   0
Dolores                20
Douglas                  0
Eagle                    0
El Paso                  0
Elbert                   0
Fremont                   0
Garfield                  0
Gilpin                    0
Grand                     0
Gunnison                  0
Hinsdale                  0
Huerfano                 20
Jackson                  20
Jefferson                 0
Kiowa                    20
Kit Carson                0
La Plata                  0
Lake                      0
Larimer                   0
Las Animas               20
Lincoln                   0
Logan                     0
Mesa                      0
Mineral                   0
Moffat                    0
Montezuma                20
Montrose                  0
Morgan                   20
Otero                    20
Ouray                     0
Park                      0
Phillips                 20
Pitkin                    0
Prowers                  20
Pueblo                    0
Rio Blanco                0
Rio Grande               20
Routt                     0
Saguache                 20
San Juan                  0
San Miguel                0
Sedgwick                 20
Summit                    0
Teller                    0
Washington               20
Weld                      0
Yuma                      0



C-1 Table Update



             Adams            12   4   Aguilar      0
             Alamosa          13   2   Akron        0
             Arapahoe         12   5   Alamosa      0
             Archuleta        12   2   Allenspark   0
Baca           6   1   Almont                 0
Bent          10   2   Anton                  0
Boulder       13   4   Antonito               0
Chafee        11   2   Arboles                0
Cheyenne       9   1   Arriba                 0
Clear Creek   14   2   Arvada                 3
Conejos        8   2   Aspen                  0
Costilla       6   1   Ault                   0
Crowley       10   2   Aurora                 4
Custer         8   1   Avon                   0
Delta         12   2   Avondale               0
Denver        11   6   Bailey                 0
Dolores       11   1   Basalt                 0
Douglas       12   2   Bayfield               0
Eagle         12   2   Bellvue                0
El Paso       13   6   Bennett                0
Elbert         8   2   Beulah                 0
Fremont       11   2   Black Forest           0
Garfield      11   3   Berthoud               0
Gilpin        13   2   Black Hawk             0
Grand         10   2   Blanca                 0
Gunnison      13   2   Blende                 0
Hinsdale       9   1   Boone                  0
Huerfano       9   2   Boulder                3
Jackson        6   1   Bow Mar                0
Jefferson     13   5   Breckenridge           0
Kiowa          7   1   Briggsdale             0
Kit Carson     6   2   Brighton               0
La Plata      11   2   Bristol                0
Lake          12   2   Broomfield             0
Larimer       13   4   Brush                  0
Las Animas    10   2   Buena Vista            0
Lincoln        8   2   Burlington             0
Logan          9   2   Byers                  0
Mesa          11   3   Calhan                 0
Mineral       11   1   Campo                  0
Moffat         8   2   Campion                0
Montezuma     12   2   Canon City             0
Montrose      11   2   Carbondale             0
Morgan        12   2   Cascade                0
Otero         10   2   Castle Rock            0
Ouray          8   1   Cedaredge              0
Park          12   2   Centennial             0
Phillips       7   1   Central City           0
Pitkin        10   2   Chama                  0
Prowers        8   2   Cheraw                 0
Pueblo        11   4   Cherry Hills Village   0
Rio Blanco     8   2   Cheyenne Wells         0
Rio Grande     9   2   Cimarron               0
Routt         12   2   Clark                  0
Saguache       8   2   Clifton                0
San Juan       5   1   Coaldale               0
San Miguel    14   2   Collbran               0
Sedgwick      6   1   Colorado City      0
Summit       12   2   Colorado Springs   5
Teller       13   2   Columbine Valley   0
Washington    6   2   Commerce City      0
Weld         13   3   Conifer            0
Yuma          7   2   Copper Mountain    0
          Zone 3-Grand Junction
Bdm. Size Elevator      Non-Elevator
    0          136,865.00    126,708.00
    1          156,901.00    143,824.00
    2          190,782.00    173,846.00
    3          246,808.00    218,207.00
    4          270,922.00    247,263.00
71,800   Adams         77,500   Adams          83,300   Adams
53,900   Alamosa       58,200   Alamosa        62,500   Alamosa
71,800   Arapahoe      77,500   Arapahoe       83,300   Arapahoe
53,900   Archuleta     58,200   Archuleta      62,500   Archuleta
53,900   Baca          58,200   Baca           62,500   Baca
53,900   Bent          58,200   Bent           62,500   Bent
87,000   Boulder       94,000   Boulder       100,900   Boulder
71,800   Broomfield    77,500   Broomfield     83,300   Broomfield
53,900   Chafee        58,200   Chafee         62,500   Chafee
55,100   Cheyenne      59,500   Cheyenne       63,900   Cheyenne
71,800   Clear Creek   77,500   Clear Creek    83,300   Clear Creek
53,900   Conejos       58,200   Conejos       62,500   Conejos
53,900   Costilla      58,200   Costilla      62,500   Costilla
53,900   Crowley       58,200   Crowley       62,500   Crowley
53,900   Custer        58,200   Custer        62,500   Custer
53,900   Delta         58,200   Delta         62,500   Delta
71,800   Denver        77,500   Denver        83,300   Denver
53,900   Dolores       58,200   Dolores       62,500   Dolores
71,800   Douglas       77,500   Douglas       83,300   Douglas
83,800   Eagle         90,500   Eagle         97,200   Eagle
68,000   El Paso       73,400   El Paso       78,900   El Paso
71,800   Elbert        77,500   Elbert        83,300   Elbert
53,900   Fremont       58,200   Fremont       62,500   Fremont
66,500   Garfield      71,800   Garfield      77,100   Garfield
71,800   Gilpin        77,500   Gilpin        83,300   Gilpin
67,800   Grand         73,200   Grand         78,600   Grand
63,800   Gunnison      68,900   Gunnison      74,000   Gunnison
56,500   Hinsdale      61,000   Hinsdale      65,500   Hinsdale
53,900   Huerfano      58,200   Huerfano      62,500   Huerfano
53,900   Jackson       58,200   Jackson       62,500   Jackson
71,800   Jefferson     77,500   Jefferson     83,300   Jefferson
53,900   Kiowa         58,200   Kiowa         62,500   Kiowa
53,900   Kit Carson    58,200   Kit Carson    62,500   Kit Carson
62,400   La Plata      67,400   La Plata      72,400   La Plata
56,500   Lake          61,000   Lake          65,500   Lake
75,000   Larimer       81,000   Larimer       87,000   Larimer
53,900   Las Animas    58,200   Las Animas    62,500   Las Animas
53,900   Lincoln       58,200   Lincoln       62,500   Lincoln
53,900   Logan         58,200   Logan         62,500   Logan
55,000   Mesa          59,400   Mesa          63,800   Mesa
56,500   Mineral       61,000   Mineral       65,500   Mineral
55,300   Moffat        59,700   Moffat        64,100   Moffat
53,900   Montezuma     58,200   Montezuma     62,500   Montezuma
53,900   Montrose      58,200   Montrose      62,500   Montrose
53,900   Morgan        58,200   Morgan        62,500   Morgan
53,900   Otero         58,200   Otero         62,500   Otero
61,400   Ouray         66,300   Ouray         71,200   Ouray
71,800   Park          77,500   Park          83,300   Park
53,900   Phillips      58,200   Phillips      62,500   Phillips
97,600   Pitkin       105,400   Pitkin       113,200   Pitkin
53,900   Prowers       58,200   Prowers       62,500   Prowers
53,900   Pueblo        58,200   Pueblo        62,500   Pueblo
56,800   Rio Blanco    61,300   Rio Blanco    65,900   Rio Blanco
53,900   Rio Grande    58,200   Rio Grande    62,500   Rio Grande
75,700   Routt         81,800   Routt         87,800   Routt
53,900   Saguache      58,200   Saguache      62,500   Saguache
53,900   San Juan      58,200   San Juan      62,500   San Juan
74,000   San Miguel    79,900   San Miguel    85,800   San Miguel
53,900   Sedgwick      58,200   Sedgwick      62,500   Sedgwick
81,300   Summit        87,800   Summit        94,300   Summit
69,300   Teller        74,800   Teller        80,400   Teller
53,900   Washington    58,200   Washington    62,500   Washington
64,000   Weld          69,100   Weld          74,200   Weld
53,900   Yuma          58,200   Yuma          62,500   Yuma
57,450   Adams         62,050   Adams         66,650   Adams
43,100   Alamosa       46,550   Alamosa       50,000   Alamosa
57,450   Arapahoe      62,050   Arapahoe      66,650   Arapahoe
43,100   Archuleta     46,550   Archuleta     50,000   Archuleta
43,100   Baca          46,550   Baca          50,000   Baca
43,100   Bent          46,550   Bent          50,000   Bent
61,500   Boulder       66,400   Boulder       71,350   Boulder
57,450   Broomfield    62,050   Broomfield    66,650   Broomfield
43,100   Chafee        46,550   Chafee        50,000   Chafee
44,100   Cheyenne      47,650   Cheyenne      51,150   Cheyenne
57,450   Clear Creek   62,050   Clear Creek   66,650   Clear Creek
43,100   Conejos       46,550   Conejos       50,000   Conejos
43,100   Costilla      46,550   Costilla      50,000   Costilla
43,100   Crowley       46,550   Crowley       50,000   Crowley
43,100   Custer        46,550   Custer        50,000   Custer
43,100   Delta         46,550   Delta         50,000   Delta
57,450   Denver        62,050   Denver        66,650   Denver
43,100   Dolores       46,550   Dolores       50,000   Dolores
57,450   Douglas       62,050   Douglas       66,650   Douglas
61,500   Eagle         66,400   Eagle         71,350   Eagle
54,400   El Paso       58,750   El Paso       63,100   El Paso
57,450   Elbert        62,050   Elbert        66,650   Elbert
43,100   Fremont       46,550   Fremont       50,000   Fremont
53,200   Garfield      57,450   Garfield      61,700   Garfield
57,450   Gilpin        62,050   Gilpin        66,650   Gilpin
54,250   Grand         58,600   Grand         62,950   Grand
51,050   Gunnison      55,150   Gunnison      59,200   Gunnison
45,200   Hinsdale      48,800   Hinsdale      52,450   Hinsdale
43,100   Huerfano      46,550   Huerfano      50,000   Huerfano
43,100   Jackson       46,550   Jackson       50,000   Jackson
57,450   Jefferson     62,050   Jefferson     66,650   Jefferson
43,100   Kiowa         46,550   Kiowa         50,000   Kiowa
43,100   Kit Carson    46,550   Kit Carson    50,000   Kit Carson
49,900   La Plata      53,900   La Plata      57,900   La Plata
45,200   Lake          48,800   Lake          52,450   Lake
60,000   Larimer       64,800   Larimer       69,600   Larimer
43,100   Las Animas    46,550   Las Animas    50,000   Las Animas
43,100   Lincoln       46,550   Lincoln       50,000   Lincoln
43,100   Logan         46,550   Logan         50,000   Logan
44,000   Mesa          47,500   Mesa          51,050   Mesa
45,200   Mineral       48,800   Mineral       52,450   Mineral
44,250   Moffat        47,800   Moffat        51,350   Moffat
43,100   Montezuma     46,550   Montezuma     50,000   Montezuma
43,100   Montrose      46,550   Montrose      50,000   Montrose
43,100   Morgan        46,550   Morgan        50,000   Morgan
43,100   Otero         46,550   Otero         50,000   Otero
49,100   Ouray         53,050   Ouray         56,950   Ouray
57,450   Park          62,050   Park          66,650   Park
43,100   Phillips      46,550   Phillips      50,000   Phillips
63,750   Pitkin        68,850   Pitkin        73,950   Pitkin
43,100   Prowers       46,550   Prowers       50,000   Prowers
43,100   Pueblo        46,550   Pueblo        50,000   Pueblo
45,450   Rio Blanco    49,100   Rio Blanco    52,700   Rio Blanco
43,100   Rio Grande    46,550   Rio Grande    50,000   Rio Grande
60,550   Routt         65,400   Routt         70,250   Routt
43,100   Saguache      46,550   Saguache      50,000   Saguache
43,100   San Juan      46,550   San Juan      50,000   San Juan
59,200   San Miguel    63,950   San Miguel    68,650   San Miguel
43,100   Sedgwick      46,550   Sedgwick      50,000   Sedgwick
61,500   Summit        66,400   Summit        71,350   Summit
55,450   Teller        59,900   Teller        64,300   Teller
43,100   Washington    46,550   Washington    50,000   Washington
51,200   Weld          55,300   Weld          59,400   Weld
43,100   Yuma          46,550   Yuma          50,000   Yuma


21,550   Adams         23,250   Adams         25,000   Adams
16,150   Alamosa       17,450   Alamosa       18,750   Alamosa
21,550   Arapahoe      23,250   Arapahoe      25,000   Arapahoe
16,150   Archuleta     17,450   Archuleta     18,750   Archuleta
16,150   Baca          17,450   Baca          18,750   Baca
16,150   Bent          17,450   Bent          18,750   Bent
26,100   Boulder       28,200   Boulder       30,300   Boulder
21,550   Broomfield    23,250   Broomfield    25,000   Broomfield
16,150   Chafee        17,450   Chafee        18,750   Chafee
16,550   Cheyenne      17,850   Cheyenne      19,200   Cheyenne
21,550   Clear Creek   23,250   Clear Creek   25,000   Clear Creek
16,150   Conejos       17,450   Conejos       18,750   Conejos
16,150   Costilla      17,450   Costilla      18,750   Costilla
16,150   Crowley       17,450   Crowley       18,750   Crowley
16,150   Custer        17,450   Custer        18,750   Custer
16,150   Delta         17,450   Delta         18,750   Delta
21,550   Denver        23,250   Denver        25,000   Denver
16,150   Dolores       17,450   Dolores       18,750   Dolores
21,550   Douglas       23,250   Douglas       25,000   Douglas
25,150   Eagle         27,150   Eagle         29,150   Eagle
20,400   El Paso       22,050   El Paso       23,650   El Paso
21,550   Elbert        23,250   Elbert        25,000   Elbert
16,150   Fremont       17,450   Fremont       18,750   Fremont
19,950   Garfield      21,550   Garfield      23,150   Garfield
21,550   Gilpin        23,250   Gilpin        25,000   Gilpin
20,350   Grand         22,000   Grand         23,600   Grand
19,150   Gunnison      20,700   Gunnison      22,200   Gunnison
16,950   Hinsdale      18,300   Hinsdale      19,650   Hinsdale
16,150   Huerfano      17,450   Huerfano      18,750   Huerfano
16,150   Jackson       17,450   Jackson       18,750   Jackson
21,550   Jefferson     23,250   Jefferson     25,000   Jefferson
16,150   Kiowa         17,450   Kiowa         18,750   Kiowa
16,150   Kit Carson    17,450   Kit Carson    18,750   Kit Carson
18,700   La Plata      20,200   La Plata      21,700   La Plata
16,950   Lake          18,300   Lake          19,650   Lake
22,500   Larimer       24,300   Larimer       26,100   Larimer
16,150   Las Animas    17,450   Las Animas    18,750   Las Animas
16,150   Lincoln       17,450   Lincoln       18,750   Lincoln
16,150   Logan         17,450   Logan         18,750   Logan
16,500   Mesa         17,800   Mesa         19,150   Mesa
16,950   Mineral      18,300   Mineral      19,650   Mineral
16,600   Moffat       17,950   Moffat       19,250   Moffat
16,150   Montezuma    17,450   Montezuma    18,750   Montezuma
16,150   Montrose     17,450   Montrose     18,750   Montrose
16,150   Morgan       17,450   Morgan       18,750   Morgan
16,150   Otero        17,450   Otero        18,750   Otero
18,400   Ouray        19,850   Ouray        21,350   Ouray
21,550   Park         23,250   Park         25,000   Park
16,150   Phillips     17,450   Phillips     18,750   Phillips
29,300   Pitkin       31,650   Pitkin       34,000   Pitkin
16,150   Prowers      17,450   Prowers      18,750   Prowers
16,150   Pueblo       17,450   Pueblo       18,750   Pueblo
17,050   Rio Blanco   18,400   Rio Blanco   19,800   Rio Blanco
16,150   Rio Grande   17,450   Rio Grande   18,750   Rio Grande
22,700   Routt        24,500   Routt        26,350   Routt
16,150   Saguache     17,450   Saguache     18,750   Saguache
16,150   San Juan     17,450   San Juan     18,750   San Juan
22,200   San Miguel   24,000   San Miguel   25,750   San Miguel
16,150   Sedgwick     17,450   Sedgwick     18,750   Sedgwick
24,400   Summit       26,350   Summit       28,300   Summit
20,800   Teller       22,450   Teller       24,150   Teller
16,150   Washington   17,450   Washington   18,750   Washington
19,200   Weld         20,750   Weld         22,250   Weld
16,150   Yuma         17,450   Yuma         18,750   Yuma
County:
  Tract:
 QCT ?      No
 DDA ?      No           No       No       No       No
      0            0          0       0          0       0              0            0          0       0         0           0           0           0          0           0           0            0        0
           Adams       Alamosa Arapahoe   Boulder Conejos    Costilla       Denver       El Paso Huerfano Jefferson Las Animas    Larimer     Logan       Mesa       Montezuma   Otero       Pueblo       Weld
   1.00                                                                                                                    1.00       1.00                                                                  1.00
   2.00                                                                                                                               2.00                  2.00                                            2.00
   2.02                                                                        2.02
   3.00                                                                                                                                                                                         3.00
   4.02                                                                        4.02
   5.00                                                                                                                                                     5.00                                            5.00
   5.02                                                                                                                               5.02
   6.00                                                                        6.00                                                   6.00                                                      6.00        6.00
   7.00                                                                                                                                                                                         7.00
   7.02                                                                        7.02
   8.00                                                                        8.00                                                                                                             8.00        8.00
   9.04                                                                        9.04
   9.05                                                                        9.05
  10.00                                                                       10.00                                                                                                            10.00
  10.02                                                                                                                                                                                                    10.02
  11.01                                                                       11.01
  11.02                                                                       11.02
  12.00                                                                                                                                                                                        12.00
  13.00                                                                                                                                                                                        13.00
  13.04                                                                                                                              13.04
  14.00                                                                                                                                                                                        14.00
  14.01                                                                       14.01
  15.00                                                                       15.00
  16.00                                                                       16.00
  17.00                                                                                    17.00
  18.00                                                                       18.00
  19.00                                                                       19.00        19.00                                                                                               19.00
  20.00                                                                       20.00
  21.00                                                                                                                                                                                        21.00
  22.00                                                                                    22.00
  23.00                                                                       23.00        23.00                                                                                               23.00
  24.02                                                                       24.02
  24.03                                                                       24.03
  26.00                                                                                                                                                                                        26.00
  26.01                                                                       26.01
  26.02                                      26.02
  27.01                                      27.01
  28.00                                              28.00
  29.00                                              29.00
  31.02                                      31.02
  35.00                                      35.00
  36.01                                      36.01
  36.02                                      36.02
  36.03                                      36.03
  41.01                                      41.01
  44.04                                      44.04
  45.01                                      45.01
  45.02                                      45.02
  59.51           59.51
  61.00                                              61.00
  65.01           65.01
  72.02           72.02
  73.00           73.00
  78.00   78.00
  79.00   79.00
  83.08   83.08
  87.03   87.03
  87.06   87.06
  88.01   88.01
  89.01   89.01
  89.52
  93.19   93.19
 100.00                                                      100.00
 104.02                                                      104.02
 104.05                                                      104.05
 122.02                   122.02
 122.05                   122.05
 123.00                   123.00
 124.01                   124.01
 126.05                   126.05
 126.06                   126.06
 134.01                   134.01
9410.00                                                               9410.00
9746.00                            9746.00
9748.00                            9748.00
9806.00
9817.00                9817.00
9826.00                          9826.00
9827.00                          9827.00
9880.00                                              9880.00
9962.00                                    9962.00
          Archuleta
          Custer
          Dolores
          Eagle
          Hinsdale
          Jackson
          Lake
          Mineral
          Ouray
          Pitkin
          Rio Blanco
          Routt
          San Juan
          San Miguel
          Summit
LOW-INCOME HOUSING TAX CREDITS 2009 QUALIFIED CENSUS TRACTS
Effective Date: January 1, 2009

County      Tract      Tract      Tract       Tract      Tract      Tract

Adams       78.00      79.00      83.08       87.03      87.06      88.01      89.01     93.19


Alamosa     9817.00

Arapahoe    59.51      65.01      72.02       73.00

Boulder     122.02     122.05     123.00      124.01     126.05     126.06     134.01

Conejos     9746.00.   9748.00

Costilla    9826.00    9827.00

Denver      2.02       4.02       6.00        7.02       8.00       9.04
            9.05       10.00      11.01       11.02      14.01      15.00
            16.00      18.00      19.00       20.00      23.00      24.02
            24.03      26.01      26.02       27.01      31.02      35.00
            36.01      36.02      36.03       41.01      44.04      45.01
            45.02

El Paso     17.00      19.00      22.00       23.00      28.00      29.00      61.00

Jefferson   100.00     104.02     104.05

Las Animas 1.00

Larimer     1.00       2.00       5.02        6.00       13.04

Logan       9962.00

Mesa        2.00       5.00

Montezuma 9410.00

Otero       9880.00

Pueblo      3.00       6.00       7.00        8.00       10.00      12.00      13.00
            14.00      19.00      21.00       23.00      26.00

Weld        1.00       2.00       5.00        6.00       8.00       10.02


The above Qualified Census Tract designations are issued by HUD and based on 2000 census data.
EXHIBIT B



LOW-INCOME HOUSING TAX CREDITS
2009 DIFFICULT DEVELOPMENT AREAS
Effective Date January 1, 2009

(All of the following counties)


Archuleta     Ouray
Custer        Pitkin
Dolores       Rio Blanco
Eagle         Routt
Hinsdale      San Juan
Jackson       San Miguel
Lake          Summit
Mineral
The C-1 and C-2 tables below are used to calculate scoring under section IV.B.1. of the Allocation
Plan. The scores from the C-1 & C-2 tables are automatically calculated in cells E74 & E78 of the
"Development Scoring" worksheet after cells C24 and F24 of the "Development Information "
worksheet are completed.


TABLE C - 1
PERCENT OF RENTER HOUSEHOLDS WITH INCOMES BELOW 51%
OF AREA MEDIAN INCOME HAVING ANY HOUSING PROBLEMS
             1990

CITY/COUNTY           HOUSEHOLDS           POINTS          CITY/COUNTY         HOUSEHOLDS            POINTS
Arvada City                76                 12           Kiowa County             51                   7
Aurora City                78                 12           Kit Carson County        45                   6
Littleton City             79                 12           Lake County              75                  12
Northglenn City            82                 13           La Plata County          73                  11
Westminster City           80                 13           Larimer County           82                  13
Adams County               78                 12           Fort Collins City        86                  14
Thornton City              79                 12           Loveland City            79                  12
Alamosa County             81                 13           Las Animas County        66                  10
Arapahoe County            79                 12           Lincoln County           59                   8
Englewood City             76                 13           Logan County             61                   9
Archuleta County           79                 12           Mesa County              73                  11
Baca County                50                  6           Grand Junction City      70                  11
Bent County                66                 10           Mineral County           74                  11
Boulder County             84                 13           Moffat County            55                   8
Boulder City               86                 14           Montezuma County         75                  12
Longmont City              78                 13           Montrose County          70                  11
Chaffee County             72                 11           Morgan County            78                  12
Cheyenne County            64                  9           Otero County             66                  10
Clear Creek County         85                 14           Ouray County             58                   8
Conejos County             60                  8           Park County              77                  12
Costilla County            48                  6           Phillips County          50                   7
Crowley County             65                 10           Pitkin County            69                  10
Custer County              55                  8           Prowers County           55                   8
Delta County               76                 12           Pueblo County            72                  11
Denver City                73                 11           Pueblo City              73                  11
Dolores County             73                 11           Rio Blanco County        57                   8
Douglas County             75                 12           Rio Grande County        64                   9
Eagle County               78                 12           Routt County             75                  12
Elbert County              59                  8           Saguache County          59                   8
El Paso County             81                 13           San Juan County          38                   5
Colorado Springs City      82                 13           San Miguel County        85                  14
Fremont County             73                 11           Sedgwick County          45                   6
Garfield County            72                 11           Summit County            80                  12
Gilpin County              80                 13           Teller County            81                  13
Grand County               67                 10           Washington County        48                   6
Gunnison County            82                 13           Weld County              76                  13
Hinsdale County            61                  9           Greeley City             80                  13
Huerfano County            61                  9           Yuma County              52                   7
Jackson County             47                  6
Jefferson County         80          13
Lakewood City            79          13
Wheat Ridge City         81          13

TABLE C-2
TOTAL RENTER HOUSEHOLDS IN COLORADO
WITH ANY HOUSING PROBLEMS
            1990

CITY/COUNTY           HOUSEHOLDS   POINTS   CITY/COUNTY         HOUSEHOLDS   POINTS
Arvada City                2,324       3    Kiowa County              29         1
Aurora City                8,618       4    Kit Carson County        136         2
Littleton City             1,431       3    Lake County              148         2
Northglenn City             904        2    La Plata County          882         2
Westminster City           2,164       3    Larimer County          5,764        4
Adams County               9,778       4    Fort Collins City       3,267        3
Thornton City              1,697       3    Loveland City           1,310        3
Alamosa County              509        2    Las Animas County        606         2
Arapahoe County           12,528       5    Lincoln County           117         2
Englewood City             1,616       3    Logan County             511         2
Archuleta County            153        2    Mesa County             3,417        3
Baca County                  80        1    Grand Junction City     1,730        3
Bent County                 128        2    Mineral County            10         1
Boulder County             6,788       4    Moffat County            195         2
Boulder City               2,791       3    Montezuma County         486         2
Longmont City              1,997       3    Montrose County          788         2
Chaffee County              366        2    Morgan County            817         2
Cheyenne County              25        1    Otero County             791         2
Clear Creek County          152        2    Ouray County              36         1
Conejos County              209        2    Park County              162         2
Costilla County              61        1    Phillips County           94         1
Crowley County              102        2    Pitkin County            321         2
Custer County                40        1    Prowers County           430         2
Delta County                812        2    Pueblo County           5,044        4
Denver City               26,490       6    Pueblo City             4,639        3
Dolores County               32        1    Rio Blanco County        137         2
Douglas County              688        2    Rio Grande County        346         2
Eagle County                596        2    Routt County             372         2
Elbert County               127        2    Saguache County          176         2
El Paso County            16,296       6    San Juan County           11         1
Colorado Springs City     12,841       5    San Miguel County        107         2
Fremont County              971        2    Sedgwick County           48         1
Garfield County            1,120       3    Summit County            301         2
Gilpin County               100        2    Teller County            324         2
Grand County                207        2    Washington County        128         2
Gunnison County             282        2    Weld County             4,743        3
Hinsdale County              11        1    Greeley City            2,565        3
Huerfano County             193        2    Yuma County              159         2
Jackson County               33        1
Jefferson County          11,110       5
Lakewood City              4,100       3
Wheat Ridge City           1,402       3
The county area median incomes, below, are used to calculate
scoring under section 5.B.1. of the Allocation Plan. The score is
automatically calculated in the "Scoring Criteria" worksheet after cell
F24 of the "Development Information " worksheet is completed and
either cell B8 or B19 of the "Scoring Criteria" worksheet is checked.

Effective Date: February 13, 2008

County Area Median Income
Pitkin        $91,800
Boulder       $85,000
Eagle         $83,800
Summit        $81,300
Routt         $75,700
Larimer       $75,000
San Miguel    $74,000
Adams         $71,800
Arapahoe      $71,800
Broomfield    $71,800
Clear Creek   $71,800
Denver        $71,800
Douglas       $71,800
Elbert        $71,800
Gilpin        $71,800
Jefferson     $71,800
Park          $71,800
Teller        $69,300
El Paso       $68,000
Grand         $67,800
Garfield      $66,500
Weld          $64,000
Gunnison      $63,800
La Plata      $62,400
Ouray         $61,400
Rio Blanco    $56,800
Moffat        $55,300
Cheyenne      $55,100
Mesa          $55,000
Archuleta     $53,000
Hinsdale      $51,600
Fremont       $51,200
Logan         $51,200
Chaffee       $51,000
Kit Carson    $50,900
Mineral       $50,300
Lake          $50,200
Montrose      $49,900
Custer        $49,600
Yuma          $49,400
Pueblo        $48,700
San Juan      $48,100
Lincoln       $48,000
Morgan        $47,400
Alamosa       $46,600
Phillips      $46,300
Montezuma     $46,100
Delta         $46,000
Dolores       $45,600
Washington    $45,000
Jackson       $44,900
Rio Grande    $44,400
Otero         $43,200
Kiowa         $42,200
Las Animas    $42,200
Prowers       $41,300
Baca          $41,300
Sedgwick      $41,200
Bent          $40,500
Huerfano      $39,600
Crowley       $39,300
Saguache      $35,700
Conejos       $35,300
Costilla      $31,300
               Basis Limit Calculation:
               These limits are automatically calculated on the "Federal Credit Amount"
               worksheet after the name of the county is entered on the "Development
               Information" worksheet and after the "Unit Dist. & Rents" worksheet
               is completed.



Zone 1

Adams          Arapahoe            Baca                 Bent        Boulder      Cheyenne
Crowley        Custer              Denver               Douglas     Elbert       El Paso
Fremont        Huerfano            Jefferson            Kiowa       Kit Carson   Larimer
Las Animas     Lincoln             Logan                Morgan      Otero        Phillips
Prowers        Pueblo              Sedgwick             Teller      Washington   Weld
Yuma
               $ Basis Limit for   $ Basis Limit for
Bedroom Size   Elevator Bldg.      Non Elevator Bldg.
      0            133,867              123,932
      1            153,464              140,673
      2            186,603              170,037
      3            241,401              213,427
      4            264,987              241,847


Zone 2

Alamosa        Archuleta           Chaffee              Clear Creek Conejos      Costilla
Eagle          Gilpin              Grand                Gunnison    Hinsdale     Jackson
Lake           Mineral             Ouray                Park        Pitkin       Rio Grande
Routt          Saguache            Summit

               $ Basis Limit for   $ Basis Limit for
Bedroom Size   Elevator Bldg.      Non Elevator Bldg.
      0            135,501              125,444
      1            155,336              142,390
      2            188,880              172,113
      3            244,347              216,031
      4            268,221              244,798


Zone 3

Delta          Dolores             Garfield             LaPlata     Mesa         Moffat
Montezuma      Montrose            Rio Blanco           San Juan    San Miguel

               $ Basis Limit for   $ Basis Limit for
Bedroom Size   Elevator Bldg.      Non Elevator Bldg.
      0            133,867              123,932
      1            153,464              140,673
      2            186,603              170,037
      3            241,401              213,427
      4            264,987              241,847
The rent and income limits, below, are automatically calculated in the "Unit
Dist. & Rents" worksheet after cell F24 of the "Development Information "
worksheet is completed and the "Unit Dist. & Rents" worksheet is completed.
                                                                          COLORADO HOUSING AND FINANCE AUTHORITY
                                                                              INCOME & RENT TABLES FOR 30%-120% OF
                                                                             MEDIAN INCOME FOR COLORADO COUNTIES
                                                                                            FOR 2008

                 Note: These Limits Are Used for Low-Income Housing Tax Credit
                              and CHFA Rental Programs Only                                                                                HUD Release Date: February 13, 2008


    County                      0 BDRM         1 BDRM        2 BDRM         3 BDRM     4 BDRM 1 PERSON 2 PERSON 3 PERSON 4 PERSON 5 PERSON 6 PERSON 7 PERSON 8 PERSON
                   120%            1,509          1,615         1,938          2,239      2,499   60,360   68,880   77,520   86,160   93,000   99,960  106,800  113,760
                   100%            1,257          1,346         1,615          1,866      2,082   50,300   57,400   64,600   71,800   77,500   83,300   89,000   94,800
        Adams       80%            1,005          1,076         1,292          1,493      1,666   40,200   45,950   51,700   57,450   62,050   66,650   71,250   75,850
                    65%              817            875         1,049          1,213      1,353   32,695   37,310   41,990   46,670   50,375   54,145   57,850   61,620
                    60%              754            807           969          1,119      1,249   30,180   34,440   38,760   43,080   46,500   49,980   53,400   56,880
                    55%              691            740           888          1,026      1,145   27,665   31,570   35,530   39,490   42,625   45,815   48,950   52,140
                    50%              628            673           807            933      1,041   25,150   28,700   32,300   35,900   38,750   41,650   44,500   47,400
                    45%              565            605           726            839        937   22,635   25,830   29,070   32,310   34,875   37,485   40,050   42,660
                    40%              503            538           646            746        833   20,120   22,960   25,840   28,720   31,000   33,320   35,600   37,920
                    30%              377            404           485            560        625   15,100   17,250   19,400   21,550   23,250   25,000   26,700   28,450
                   120%            1,509          1,615         1,938          2,239      2,499   60,360   68,880   77,520   86,160   93,000   99,960  106,800  113,760
                   100%            1,257          1,346         1,615          1,866      2,082   50,300   57,400   64,600   71,800   77,500   83,300   89,000   94,800
     Arapahoe       80%            1,005          1,076         1,292          1,493      1,666   40,200   45,950   51,700   57,450   62,050   66,650   71,250   75,850
                    65%              817            875         1,049          1,213      1,353   32,695   37,310   41,990   46,670   50,375   54,145   57,850   61,620
                    60%              754            807           969          1,119      1,249   30,180   34,440   38,760   43,080   46,500   49,980   53,400   56,880
                    55%              691            740           888          1,026      1,145   27,665   31,570   35,530   39,490   42,625   45,815   48,950   52,140
                    50%              628            673           807            933      1,041   25,150   28,700   32,300   35,900   38,750   41,650   44,500   47,400
                    45%              565            605           726            839        937   22,635   25,830   29,070   32,310   34,875   37,485   40,050   42,660
                    40%              503            538           646            746        833   20,120   22,960   25,840   28,720   31,000   33,320   35,600   37,920
                    30%              377            404           485            560        625   15,100   17,250   19,400   21,550   23,250   25,000   26,700   28,450
                   120%            1,827          1,957         2,349          2,715      3,027   73,080   83,520   93,960  104,400  112,800  121,080  129,480  137,760
                   100%            1,522          1,631         1,957          2,262      2,522   60,900   69,600   78,300   87,000   94,000  100,900  107,900  114,800
       Boulder      80%            1,076          1,153         1,383          1,598      1,783   43,050   49,200   55,350   61,500   66,400   71,350   76,250   81,200
               65%     989   1,060   1,272   1,470   1,639   39,585   45,240   50,895   56,550   61,100   65,585    70,135    74,620
               60%     913     978   1,174   1,357   1,513   36,540   41,760   46,980   52,200   56,400   60,540    64,740    68,880
               55%     837     897   1,076   1,244   1,387   33,495   38,280   43,065   47,850   51,700   55,495    59,345    63,140
               50%     761     815     978   1,131   1,261   30,450   34,800   39,150   43,500   47,000   50,450    53,950    57,400
               45%     685     734     880   1,018   1,135   27,405   31,320   35,235   39,150   42,300   45,405    48,555    51,660
               40%     609     652     783     905   1,009   24,360   27,840   31,320   34,800   37,600   40,360    43,160    45,920
               30%     456     489     587     678     757   18,250   20,900   23,500   26,100   28,200   30,300    32,350    34,450
              120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520   86,160   93,000   99,960   106,800   113,760
              100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600   71,800   77,500   83,300    89,000    94,800
Broomfield     80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700   57,450   62,050   66,650    71,250    75,850
               65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990   46,670   50,375   54,145    57,850    61,620
               60%     754     807     969   1,119   1,249   30,180   34,440   38,760   43,080   46,500   49,980    53,400    56,880
               55%     691     740     888   1,026   1,145   27,665   31,570   35,530   39,490   42,625   45,815    48,950    52,140
               50%     628     673     807     933   1,041   25,150   28,700   32,300   35,900   38,750   41,650    44,500    47,400
               45%     565     605     726     839     937   22,635   25,830   29,070   32,310   34,875   37,485    40,050    42,660
               40%     503     538     646     746     833   20,120   22,960   25,840   28,720   31,000   33,320    35,600    37,920
               30%     377     404     485     560     625   15,100   17,250   19,400   21,550   23,250   25,000    26,700    28,450
              120%   1,158   1,240   1,488   1,719   1,917   46,320   52,920   59,520   66,120   71,400   76,680    81,960    87,240
              100%     965   1,033   1,240   1,432   1,597   38,600   44,100   49,600   55,100   59,500   63,900    68,300    72,700
 Cheyenne      80%     771     826     992   1,146   1,278   30,850   35,300   39,700   44,100   47,650   51,150    54,700    58,200
               65%     627     671     806     931   1,038   25,090   28,665   32,240   35,815   38,675   41,535    44,395    47,255
               60%     579     620     744     859     958   23,160   26,460   29,760   33,060   35,700   38,340    40,980    43,620
               55%     530     568     682     787     878   21,230   24,255   27,280   30,305   32,725   35,145    37,565    39,985
               50%     482     516     620     716     798   19,300   22,050   24,800   27,550   29,750   31,950    34,150    36,350
               45%     434     465     558     644     718   17,370   19,845   22,320   24,795   26,775   28,755    30,735    32,715
               40%     386     413     496     573     639   15,440   17,640   19,840   22,040   23,800   25,560    27,320    29,080
               30%     290     310     372     430     480   11,600   13,250   14,900   16,550   17,850   19,200    20,500    21,850
              120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520   86,160   93,000   99,960   106,800   113,760
              100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600   71,800   77,500   83,300    89,000    94,800
Clear Creek    80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700   57,450   62,050   66,650    71,250    75,850
               65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990   46,670   50,375   54,145    57,850    61,620
               60%     754     807     969   1,119   1,249   30,180   34,440   38,760   43,080   46,500   49,980    53,400    56,880
               55%     691     740     888   1,026   1,145   27,665   31,570   35,530   39,490   42,625   45,815    48,950    52,140
               50%     628     673     807     933   1,041   25,150   28,700   32,300   35,900   38,750   41,650    44,500    47,400
               45%     565     605     726     839     937   22,635   25,830   29,070   32,310   34,875   37,485    40,050    42,660
               40%     503     538     646     746     833   20,120   22,960   25,840   28,720   31,000   33,320    35,600    37,920
               30%     377     404     485     560     625   15,100   17,250   19,400   21,550   23,250   25,000    26,700    28,450
          120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520    86,160    93,000    99,960   106,800   113,760
          100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600    71,800    77,500    83,300    89,000    94,800
Denver     80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700    57,450    62,050    66,650    71,250    75,850
           65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990    46,670    50,375    54,145    57,850    61,620
           60%     754     807     969   1,119   1,249   30,180   34,440   38,760    43,080    46,500    49,980    53,400    56,880
           55%     691     740     888   1,026   1,145   27,665   31,570   35,530    39,490    42,625    45,815    48,950    52,140
           50%     628     673     807     933   1,041   25,150   28,700   32,300    35,900    38,750    41,650    44,500    47,400
           45%     565     605     726     839     937   22,635   25,830   29,070    32,310    34,875    37,485    40,050    42,660
           40%     503     538     646     746     833   20,120   22,960   25,840    28,720    31,000    33,320    35,600    37,920
           30%     377     404     485     560     625   15,100   17,250   19,400    21,550    23,250    25,000    26,700    28,450
          120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520    86,160    93,000    99,960   106,800   113,760
          100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600    71,800    77,500    83,300    89,000    94,800
Douglas    80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700    57,450    62,050    66,650    71,250    75,850
           65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990    46,670    50,375    54,145    57,850    61,620
           60%     754     807     969   1,119   1,249   30,180   34,440   38,760    43,080    46,500    49,980    53,400    56,880
           55%     691     740     888   1,026   1,145   27,665   31,570   35,530    39,490    42,625    45,815    48,950    52,140
           50%     628     673     807     933   1,041   25,150   28,700   32,300    35,900    38,750    41,650    44,500    47,400
           45%     565     605     726     839     937   22,635   25,830   29,070    32,310    34,875    37,485    40,050    42,660
           40%     503     538     646     746     833   20,120   22,960   25,840    28,720    31,000    33,320    35,600    37,920
           30%     377     404     485     560     625   15,100   17,250   19,400    21,550    23,250    25,000    26,700    28,450
          120%   1,761   1,885   2,262   2,614   2,916   70,440   80,400   90,480   100,560   108,600   116,640   124,680   132,720
          100%   1,467   1,571   1,885   2,178   2,430   58,700   67,000   75,400    83,800    90,500    97,200   103,900   110,600
  Eagle    80%   1,076   1,153   1,383   1,598   1,783   43,050   49,200   55,350    61,500    66,400    71,350    76,250    81,200
           65%     953   1,021   1,225   1,416   1,579   38,155   43,550   49,010    54,470    58,825    63,180    67,535    71,890
           60%     880     942   1,131   1,307   1,458   35,220   40,200   45,240    50,280    54,300    58,320    62,340    66,360
           55%     807     864   1,036   1,198   1,336   32,285   36,850   41,470    46,090    49,775    53,460    57,145    60,830
           50%     733     785     942   1,089   1,215   29,350   33,500   37,700    41,900    45,250    48,600    51,950    55,300
           45%     660     707     848     980   1,093   26,415   30,150   33,930    37,710    40,725    43,740    46,755    49,770
           40%     587     628     754     871     972   23,480   26,800   30,160    33,520    36,200    38,880    41,560    44,240
           30%     440     471     566     653     728   17,600   20,100   22,650    25,150    27,150    29,150    31,200    33,200
          120%   1,428   1,530   1,836   2,121   2,367   57,120   65,280   73,440    81,600    88,080    94,680   101,160   107,760
          100%   1,190   1,275   1,530   1,767   1,972   47,600   54,400   61,200    68,000    73,400    78,900    84,300    89,800
El Paso    80%     952   1,020   1,223   1,414   1,577   38,100   43,500   48,950    54,400    58,750    63,100    67,450    71,800
           65%     773     828     994   1,148   1,282   30,940   35,360   39,780    44,200    47,710    51,285    54,795    58,370
           60%     714     765     918   1,060   1,183   28,560   32,640   36,720    40,800    44,040    47,340    50,580    53,880
           55%     654     701     841     972   1,084   26,180   29,920   33,660    37,400    40,370    43,395    46,365    49,390
           50%     595     637     765     883     986   23,800   27,200   30,600    34,000    36,700    39,450    42,150    44,900
            45%     535     573     688     795     887   21,420   24,480   27,540   30,600   33,030   35,505    37,935    40,410
            40%     476     510     612     707     789   19,040   21,760   24,480   27,200   29,360   31,560    33,720    35,920
            30%     357     382     458     530     591   14,300   16,300   18,350   20,400   22,050   23,650    25,300    26,950
           120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520   86,160   93,000   99,960   106,800   113,760
           100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600   71,800   77,500   83,300    89,000    94,800
  Elbert    80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700   57,450   62,050   66,650    71,250    75,850
            65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990   46,670   50,375   54,145    57,850    61,620
            60%     754     807     969   1,119   1,249   30,180   34,440   38,760   43,080   46,500   49,980    53,400    56,880
            55%     691     740     888   1,026   1,145   27,665   31,570   35,530   39,490   42,625   45,815    48,950    52,140
            50%     628     673     807     933   1,041   25,150   28,700   32,300   35,900   38,750   41,650    44,500    47,400
            45%     565     605     726     839     937   22,635   25,830   29,070   32,310   34,875   37,485    40,050    42,660
            40%     503     538     646     746     833   20,120   22,960   25,840   28,720   31,000   33,320    35,600    37,920
            30%     377     404     485     560     625   15,100   17,250   19,400   21,550   23,250   25,000    26,700    28,450
           120%   1,398   1,497   1,797   2,074   2,313   55,920   63,840   71,880   79,800   86,160   92,520    99,000   105,360
           100%   1,165   1,247   1,497   1,728   1,927   46,600   53,200   59,900   66,500   71,800   77,100    82,500    87,800
Garfield    80%     931     997   1,197   1,383   1,542   37,250   42,550   47,900   53,200   57,450   61,700    65,950    70,200
            65%     757     810     973   1,123   1,252   30,290   34,580   38,935   43,225   46,670   50,115    53,625    57,070
            60%     699     748     898   1,037   1,156   27,960   31,920   35,940   39,900   43,080   46,260    49,500    52,680
            55%     640     686     823     950   1,060   25,630   29,260   32,945   36,575   39,490   42,405    45,375    48,290
            50%     582     623     748     864     963   23,300   26,600   29,950   33,250   35,900   38,550    41,250    43,900
            45%     524     561     673     777     867   20,970   23,940   26,955   29,925   32,310   34,695    37,125    39,510
            40%     466     499     599     691     771   18,640   21,280   23,960   26,600   28,720   30,840    33,000    35,120
            30%     348     373     448     518     578   13,950   15,950   17,950   19,950   21,550   23,150    24,750    26,350
           120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520   86,160   93,000   99,960   106,800   113,760
           100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600   71,800   77,500   83,300    89,000    94,800
  Gilpin    80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700   57,450   62,050   66,650    71,250    75,850
            65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990   46,670   50,375   54,145    57,850    61,620
            60%     754     807     969   1,119   1,249   30,180   34,440   38,760   43,080   46,500   49,980    53,400    56,880
            55%     691     740     888   1,026   1,145   27,665   31,570   35,530   39,490   42,625   45,815    48,950    52,140
            50%     628     673     807     933   1,041   25,150   28,700   32,300   35,900   38,750   41,650    44,500    47,400
            45%     565     605     726     839     937   22,635   25,830   29,070   32,310   34,875   37,485    40,050    42,660
            40%     503     538     646     746     833   20,120   22,960   25,840   28,720   31,000   33,320    35,600    37,920
            30%     377     404     485     560     625   15,100   17,250   19,400   21,550   23,250   25,000    26,700    28,450
           120%   1,425   1,525   1,830   2,115   2,358   57,000   65,040   73,200   81,360   87,840   94,320   100,920   107,400
           100%   1,187   1,271   1,525   1,762   1,965   47,500   54,200   61,000   67,800   73,200   78,600    84,100    89,500
 Grand      80%     950   1,017   1,221   1,410   1,573   38,000   43,400   48,850   54,250   58,600   62,950    67,250    71,600
            65%     771     826     991   1,145   1,277   30,875   35,230   39,650   44,070   47,580   51,090    54,665    58,175
             60%     712     762     915   1,057   1,179   28,500   32,520   36,600   40,680   43,920   47,160    50,460    53,700
             55%     653     699     838     969   1,080   26,125   29,810   33,550   37,290   40,260   43,230    46,255    49,225
             50%     593     635     762     881     982   23,750   27,100   30,500   33,900   36,600   39,300    42,050    44,750
             45%     534     572     686     793     884   21,375   24,390   27,450   30,510   32,940   35,370    37,845    40,275
             40%     475     508     610     705     786   19,000   21,680   24,400   27,120   29,280   31,440    33,640    35,800
             30%     356     381     457     529     590   14,250   16,300   18,300   20,350   22,000   23,600    25,250    26,850
            120%   1,341   1,435   1,722   1,990   2,220   53,640   61,200   68,880   76,560   82,680   88,800    94,920   101,040
            100%   1,117   1,196   1,435   1,658   1,850   44,700   51,000   57,400   63,800   68,900   74,000    79,100    84,200
Gunnison     80%     893     957   1,148   1,327   1,480   35,750   40,850   45,950   51,050   55,150   59,200    63,300    67,400
             65%     726     777     932   1,078   1,202   29,055   33,150   37,310   41,470   44,785   48,100    51,415    54,730
             60%     670     717     861     995   1,110   26,820   30,600   34,440   38,280   41,340   44,400    47,460    50,520
             55%     614     657     789     912   1,017   24,585   28,050   31,570   35,090   37,895   40,700    43,505    46,310
             50%     558     598     717     829     925   22,350   25,500   28,700   31,900   34,450   37,000    39,550    42,100
             45%     502     538     645     746     832   20,115   22,950   25,830   28,710   31,005   33,300    35,595    37,890
             40%     447     478     574     663     740   17,880   20,400   22,960   25,520   27,560   29,600    31,640    33,680
             30%     335     358     431     498     555   13,400   15,300   17,250   19,150   20,700   22,200    23,750    25,300
            120%   1,188   1,272   1,527   1,762   1,965   47,520   54,240   61,080   67,800   73,200   78,600    84,120    89,520
            100%     990   1,060   1,272   1,468   1,637   39,600   45,200   50,900   56,500   61,000   65,500    70,100    74,600
Hinsdale     80%     791     847   1,017   1,175   1,311   31,650   36,150   40,700   45,200   48,800   52,450    56,050    59,650
             65%     643     689     827     954   1,064   25,740   29,380   33,085   36,725   39,650   42,575    45,565    48,490
             60%     594     636     763     881     982   23,760   27,120   30,540   33,900   36,600   39,300    42,060    44,760
             55%     544     583     699     807     900   21,780   24,860   27,995   31,075   33,550   36,025    38,555    41,030
             50%     495     530     636     734     818   19,800   22,600   25,450   28,250   30,500   32,750    35,050    37,300
             45%     445     477     572     660     736   17,820   20,340   22,905   25,425   27,450   29,475    31,545    33,570
             40%     396     424     509     587     655   15,840   18,080   20,360   22,600   24,400   26,200    28,040    29,840
             30%     296     317     381     440     491   11,850   13,550   15,250   16,950   18,300   19,650    21,000    22,350
            120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880   77,520   86,160   93,000   99,960   106,800   113,760
            100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400   64,600   71,800   77,500   83,300    89,000    94,800
Jefferson    80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950   51,700   57,450   62,050   66,650    71,250    75,850
             65%     817     875   1,049   1,213   1,353   32,695   37,310   41,990   46,670   50,375   54,145    57,850    61,620
             60%     754     807     969   1,119   1,249   30,180   34,440   38,760   43,080   46,500   49,980    53,400    56,880
             55%     691     740     888   1,026   1,145   27,665   31,570   35,530   39,490   42,625   45,815    48,950    52,140
             50%     628     673     807     933   1,041   25,150   28,700   32,300   35,900   38,750   41,650    44,500    47,400
             45%     565     605     726     839     937   22,635   25,830   29,070   32,310   34,875   37,485    40,050    42,660
             40%     503     538     646     746     833   20,120   22,960   25,840   28,720   31,000   33,320    35,600    37,920
             30%     377     404     485     560     625   15,100   17,250   19,400   21,550   23,250   25,000    26,700    28,450
            120%   1,131   1,212   1,455   1,681   1,875   45,240   51,720   58,200   64,680   69,840   75,000    80,160    85,320
           100%     942   1,010   1,212   1,401   1,562   37,700   43,100   48,500   53,900   58,200    62,500    66,800    71,100
 Kiowa      80%     755     808     970   1,120   1,250   30,200   34,500   38,800   43,100   46,550    50,000    53,450    56,900
            65%     612     656     788     910   1,015   24,505   28,015   31,525   35,035   37,830    40,625    43,420    46,215
            60%     565     606     727     840     937   22,620   25,860   29,100   32,340   34,920    37,500    40,080    42,660
            55%     518     555     666     770     859   20,735   23,705   26,675   29,645   32,010    34,375    36,740    39,105
            50%     471     505     606     700     781   18,850   21,550   24,250   26,950   29,100    31,250    33,400    35,550
            45%     424     454     545     630     703   16,965   19,395   21,825   24,255   26,190    28,125    30,060    31,995
            40%     377     404     485     560     625   15,080   17,240   19,400   21,560   23,280    25,000    26,720    28,440
            30%     282     303     363     420     468   11,300   12,950   14,550   16,150   17,450    18,750    20,050    21,350
           120%   1,311   1,404   1,686   1,947   2,172   52,440   59,880   67,440   74,880   80,880    86,880    92,880    98,880
           100%   1,092   1,170   1,405   1,622   1,810   43,700   49,900   56,200   62,400   67,400    72,400    77,400    82,400
La Plata    80%     873     935   1,122   1,297   1,447   34,950   39,900   44,900   49,900   53,900    57,900    61,900    65,850
            65%     710     760     913   1,054   1,176   28,405   32,435   36,530   40,560   43,810    47,060    50,310    53,560
            60%     655     702     843     973   1,086   26,220   29,940   33,720   37,440   40,440    43,440    46,440    49,440
            55%     600     643     772     892     995   24,035   27,445   30,910   34,320   37,070    39,820    42,570    45,320
            50%     546     585     702     811     905   21,850   24,950   28,100   31,200   33,700    36,200    38,700    41,200
            45%     491     526     632     730     814   19,665   22,455   25,290   28,080   30,330    32,580    34,830    37,080
            40%     437     468     562     649     724   17,480   19,960   22,480   24,960   26,960    28,960    30,960    32,960
            30%     327     350     421     486     542   13,100   14,950   16,850   18,700   20,200    21,700    23,200    24,700
           120%   1,188   1,272   1,527   1,762   1,965   47,520   54,240   61,080   67,800   73,200    78,600    84,120    89,520
           100%     990   1,060   1,272   1,468   1,637   39,600   45,200   50,900   56,500   61,000    65,500    70,100    74,600
   Lake     80%     791     847   1,017   1,175   1,311   31,650   36,150   40,700   45,200   48,800    52,450    56,050    59,650
            65%     643     689     827     954   1,064   25,740   29,380   33,085   36,725   39,650    42,575    45,565    48,490
            60%     594     636     763     881     982   23,760   27,120   30,540   33,900   36,600    39,300    42,060    44,760
            55%     544     583     699     807     900   21,780   24,860   27,995   31,075   33,550    36,025    38,555    41,030
            50%     495     530     636     734     818   19,800   22,600   25,450   28,250   30,500    32,750    35,050    37,300
            45%     445     477     572     660     736   17,820   20,340   22,905   25,425   27,450    29,475    31,545    33,570
            40%     396     424     509     587     655   15,840   18,080   20,360   22,600   24,400    26,200    28,040    29,840
            30%     296     317     381     440     491   11,850   13,550   15,250   16,950   18,300    19,650    21,000    22,350
           120%   1,575   1,687   2,025   2,340   2,610   63,000   72,000   81,000   90,000   97,200   104,400   111,600   118,800
           100%   1,312   1,406   1,687   1,950   2,175   52,500   60,000   67,500   75,000   81,000    87,000    93,000    99,000
Larimer     80%   1,050   1,125   1,350   1,560   1,740   42,000   48,000   54,000   60,000   64,800    69,600    74,400    79,200
            65%     853     914   1,096   1,267   1,413   34,125   39,000   43,875   48,750   52,650    56,550    60,450    64,350
            60%     787     843   1,012   1,170   1,305   31,500   36,000   40,500   45,000   48,600    52,200    55,800    59,400
            55%     721     773     928   1,072   1,196   28,875   33,000   37,125   41,250   44,550    47,850    51,150    54,450
            50%     656     703     843     975   1,087   26,250   30,000   33,750   37,500   40,500    43,500    46,500    49,500
            45%     590     632     759     877     978   23,625   27,000   30,375   33,750   36,450    39,150    41,850    44,550
           40%     525     562     675     780     870   21,000   24,000   27,000   30,000   32,400   34,800   37,200   39,600
           30%     393     421     506     585     652   15,750   18,000   20,250   22,500   24,300   26,100   27,900   29,700
          120%   1,155   1,237   1,485   1,716   1,914   46,200   52,800   59,400   66,000   71,280   76,560   81,840   87,120
          100%     962   1,031   1,237   1,430   1,595   38,500   44,000   49,500   55,000   59,400   63,800   68,200   72,600
  Mesa     80%     770     825     990   1,143   1,276   30,800   35,200   39,600   44,000   47,500   51,050   54,550   58,100
           65%     625     670     804     929   1,036   25,025   28,600   32,175   35,750   38,610   41,470   44,330   47,190
           60%     577     618     742     858     957   23,100   26,400   29,700   33,000   35,640   38,280   40,920   43,560
           55%     529     567     680     786     877   21,175   24,200   27,225   30,250   32,670   35,090   37,510   39,930
           50%     481     515     618     715     797   19,250   22,000   24,750   27,500   29,700   31,900   34,100   36,300
           45%     433     464     556     643     717   17,325   19,800   22,275   24,750   26,730   28,710   30,690   32,670
           40%     385     412     495     572     638   15,400   17,600   19,800   22,000   23,760   25,520   27,280   29,040
           30%     288     309     371     428     478   11,550   13,200   14,850   16,500   17,800   19,150   20,450   21,800
          120%   1,188   1,272   1,527   1,762   1,965   47,520   54,240   61,080   67,800   73,200   78,600   84,120   89,520
          100%     990   1,060   1,272   1,468   1,637   39,600   45,200   50,900   56,500   61,000   65,500   70,100   74,600
Mineral    80%     791     847   1,017   1,175   1,311   31,650   36,150   40,700   45,200   48,800   52,450   56,050   59,650
           65%     643     689     827     954   1,064   25,740   29,380   33,085   36,725   39,650   42,575   45,565   48,490
           60%     594     636     763     881     982   23,760   27,120   30,540   33,900   36,600   39,300   42,060   44,760
           55%     544     583     699     807     900   21,780   24,860   27,995   31,075   33,550   36,025   38,555   41,030
           50%     495     530     636     734     818   19,800   22,600   25,450   28,250   30,500   32,750   35,050   37,300
           45%     445     477     572     660     736   17,820   20,340   22,905   25,425   27,450   29,475   31,545   33,570
           40%     396     424     509     587     655   15,840   18,080   20,360   22,600   24,400   26,200   28,040   29,840
           30%     296     317     381     440     491   11,850   13,550   15,250   16,950   18,300   19,650   21,000   22,350
          120%   1,161   1,243   1,494   1,725   1,923   46,440   53,040   59,760   66,360   71,640   76,920   82,320   87,600
          100%     967   1,036   1,245   1,437   1,602   38,700   44,200   49,800   55,300   59,700   64,100   68,600   73,000
Moffat     80%     775     830     996   1,150   1,283   31,000   35,400   39,850   44,250   47,800   51,350   54,850   58,400
           65%     628     673     809     934   1,041   25,155   28,730   32,370   35,945   38,805   41,665   44,590   47,450
           60%     580     621     747     862     961   23,220   26,520   29,880   33,180   35,820   38,460   41,160   43,800
           55%     532     569     684     790     881   21,285   24,310   27,390   30,415   32,835   35,255   37,730   40,150
           50%     483     518     622     718     801   19,350   22,100   24,900   27,650   29,850   32,050   34,300   36,500
           45%     435     466     560     646     721   17,415   19,890   22,410   24,885   26,865   28,845   30,870   32,850
           40%     387     414     498     575     641   15,480   17,680   19,920   22,120   23,880   25,640   27,440   29,200
           30%     290     311     373     431     481   11,600   13,300   14,950   16,600   17,950   19,250   20,600   21,900
          120%   1,131   1,212   1,455   1,681   1,875   45,240   51,720   58,200   64,680   69,840   75,000   80,160   85,320
          100%     942   1,010   1,212   1,401   1,562   37,700   43,100   48,500   53,900   58,200   62,500   66,800   71,100
Morgan     80%     755     808     970   1,120   1,250   30,200   34,500   38,800   43,100   46,550   50,000   53,450   56,900
           65%     612     656     788     910   1,015   24,505   28,015   31,525   35,035   37,830   40,625   43,420   46,215
           60%     565     606     727     840     937   22,620   25,860   29,100   32,340   34,920   37,500   40,080   42,660
           55%     518     555     666     770     859   20,735   23,705    26,675    29,645    32,010    34,375    36,740    39,105
           50%     471     505     606     700     781   18,850   21,550    24,250    26,950    29,100    31,250    33,400    35,550
           45%     424     454     545     630     703   16,965   19,395    21,825    24,255    26,190    28,125    30,060    31,995
           40%     377     404     485     560     625   15,080   17,240    19,400    21,560    23,280    25,000    26,720    28,440
           30%     282     303     363     420     468   11,300   12,950    14,550    16,150    17,450    18,750    20,050    21,350
          120%   1,290   1,381   1,659   1,915   2,136   51,600   58,920    66,360    73,680    79,560    85,440    91,320    97,200
          100%   1,075   1,151   1,382   1,596   1,780   43,000   49,100    55,300    61,400    66,300    71,200    76,100    81,000
 Ouray     80%     858     920   1,105   1,276   1,423   34,350   39,300    44,200    49,100    53,050    56,950    60,900    64,800
           65%     698     748     898   1,037   1,157   27,950   31,915    35,945    39,910    43,095    46,280    49,465    52,650
           60%     645     690     829     957   1,068   25,800   29,460    33,180    36,840    39,780    42,720    45,660    48,600
           55%     591     633     760     877     979   23,650   27,005    30,415    33,770    36,465    39,160    41,855    44,550
           50%     537     575     691     798     890   21,500   24,550    27,650    30,700    33,150    35,600    38,050    40,500
           45%     483     518     622     718     801   19,350   22,095    24,885    27,630    29,835    32,040    34,245    36,450
           40%     430     460     553     638     712   17,200   19,640    22,120    24,560    26,520    28,480    30,440    32,400
           30%     322     345     413     478     533   12,900   14,700    16,550    18,400    19,850    21,350    22,800    24,300
          120%   1,509   1,615   1,938   2,239   2,499   60,360   68,880    77,520    86,160    93,000    99,960   106,800   113,760
          100%   1,257   1,346   1,615   1,866   2,082   50,300   57,400    64,600    71,800    77,500    83,300    89,000    94,800
  Park     80%   1,005   1,076   1,292   1,493   1,666   40,200   45,950    51,700    57,450    62,050    66,650    71,250    75,850
           65%     817     875   1,049   1,213   1,353   32,695   37,310    41,990    46,670    50,375    54,145    57,850    61,620
           60%     754     807     969   1,119   1,249   30,180   34,440    38,760    43,080    46,500    49,980    53,400    56,880
           55%     691     740     888   1,026   1,145   27,665   31,570    35,530    39,490    42,625    45,815    48,950    52,140
           50%     628     673     807     933   1,041   25,150   28,700    32,300    35,900    38,750    41,650    44,500    47,400
           45%     565     605     726     839     937   22,635   25,830    29,070    32,310    34,875    37,485    40,050    42,660
           40%     503     538     646     746     833   20,120   22,960    25,840    28,720    31,000    33,320    35,600    37,920
           30%     377     404     485     560     625   15,100   17,250    19,400    21,550    23,250    25,000    26,700    28,450
          120%   2,049   2,196   2,634   3,045   3,396   81,960   93,720   105,360   117,120   126,480   135,840   145,200   154,560
          100%   1,707   1,830   2,195   2,537   2,830   68,300   78,100    87,800    97,600   105,400   113,200   121,000   128,800
 Pitkin    80%   1,116   1,195   1,435   1,657   1,848   44,650   51,000    57,400    63,750    68,850    73,950    79,050    84,150
           60%   1,024   1,098   1,317   1,522   1,698   40,980   46,860    52,680    58,560    63,240    67,920    72,600    77,280
           55%     939   1,006   1,207   1,395   1,556   37,565   42,955    48,290    53,680    57,970    62,260    66,550    70,840
           50%     853     915   1,097   1,268   1,415   34,150   39,050    43,900    48,800    52,700    56,600    60,500    64,400
           45%     768     823     987   1,141   1,273   30,735   35,145    39,510    43,920    47,430    50,940    54,450    57,960
           40%     683     732     878   1,015   1,132   27,320   31,240    35,120    39,040    42,160    45,280    48,400    51,520
           30%     512     549     658     761     850   20,500   23,450    26,350    29,300    31,650    34,000    36,350    38,700
          120%   1,131   1,212   1,455   1,681   1,875   45,240   51,720    58,200    64,680    69,840    75,000    80,160    85,320
          100%     942   1,010   1,212   1,401   1,562   37,700   43,100    48,500    53,900    58,200    62,500    66,800    71,100
Pueblo     80%     755     808     970   1,120   1,250   30,200   34,500    38,800    43,100    46,550    50,000    53,450    56,900
              65%     612     656     788     910   1,015   24,505   28,015   31,525   35,035   37,830    40,625    43,420    46,215
              60%     565     606     727     840     937   22,620   25,860   29,100   32,340   34,920    37,500    40,080    42,660
              55%     518     555     666     770     859   20,735   23,705   26,675   29,645   32,010    34,375    36,740    39,105
              50%     471     505     606     700     781   18,850   21,550   24,250   26,950   29,100    31,250    33,400    35,550
              45%     424     454     545     630     703   16,965   19,395   21,825   24,255   26,190    28,125    30,060    31,995
              40%     377     404     485     560     625   15,080   17,240   19,400   21,560   23,280    25,000    26,720    28,440
              30%     282     303     363     420     468   11,300   12,950   14,550   16,150   17,450    18,750    20,050    21,350
             120%   1,194   1,278   1,533   1,771   1,977   47,760   54,480   61,320   68,160   73,560    79,080    84,480    90,000
             100%     995   1,065   1,277   1,476   1,647   39,800   45,400   51,100   56,800   61,300    65,900    70,400    75,000
Rio Blanco    80%     795     851   1,022   1,181   1,317   31,800   36,350   40,900   45,450   49,100    52,700    56,350    60,000
              65%     646     692     830     959   1,070   25,870   29,510   33,215   36,920   39,845    42,835    45,760    48,750
              60%     597     639     766     885     988   23,880   27,240   30,660   34,080   36,780    39,540    42,240    45,000
              55%     547     585     702     811     906   21,890   24,970   28,105   31,240   33,715    36,245    38,720    41,250
              50%     497     532     638     738     823   19,900   22,700   25,550   28,400   30,650    32,950    35,200    37,500
              45%     447     479     574     664     741   17,910   20,430   22,995   25,560   27,585    29,655    31,680    33,750
              40%     398     426     511     590     659   15,920   18,160   20,440   22,720   24,520    26,360    28,160    30,000
              30%     298     320     383     443     495   11,950   13,650   15,350   17,050   18,400    19,800    21,150    22,500
             120%   1,590   1,704   2,043   2,362   2,634   63,600   72,720   81,720   90,840   98,160   105,360   112,680   119,880
             100%   1,325   1,420   1,702   1,968   2,195   53,000   60,600   68,100   75,700   81,800    87,800    93,900    99,900
    Routt     80%   1,060   1,135   1,362   1,574   1,756   42,400   48,450   54,500   60,550   65,400    70,250    75,100    79,950
              65%     861     923   1,106   1,279   1,426   34,450   39,390   44,265   49,205   53,170    57,070    61,035    64,935
              60%     795     852   1,021   1,181   1,317   31,800   36,360   40,860   45,420   49,080    52,680    56,340    59,940
              55%     728     781     936   1,082   1,207   29,150   33,330   37,455   41,635   44,990    48,290    51,645    54,945
              50%     662     710     851     984   1,097   26,500   30,300   34,050   37,850   40,900    43,900    46,950    49,950
              45%     596     639     766     885     987   23,850   27,270   30,645   34,065   36,810    39,510    42,255    44,955
              40%     530     568     681     787     878   21,200   24,240   27,240   30,280   32,720    35,120    37,560    39,960
              30%     397     425     511     590     658   15,900   18,150   20,450   22,700   24,500    26,350    28,150    29,950
             120%   1,554   1,665   1,998   2,308   2,574   62,160   71,040   79,920   88,800   95,880   102,960   110,160   117,240
             100%   1,295   1,387   1,665   1,923   2,145   51,800   59,200   66,600   74,000   79,900    85,800    91,800    97,700
San Miguel    80%   1,036   1,110   1,332   1,539   1,716   41,450   47,350   53,300   59,200   63,950    68,650    73,400    78,150
              65%     841     901   1,082   1,250   1,394   33,670   38,480   43,290   48,100   51,935    55,770    59,670    63,505
              60%     777     832     999   1,154   1,287   31,080   35,520   39,960   44,400   47,940    51,480    55,080    58,620
              55%     712     763     915   1,058   1,179   28,490   32,560   36,630   40,700   43,945    47,190    50,490    53,735
              50%     647     693     832     961   1,072   25,900   29,600   33,300   37,000   39,950    42,900    45,900    48,850
              45%     582     624     749     865     965   23,310   26,640   29,970   33,300   35,955    38,610    41,310    43,965
              40%     518     555     666     769     858   20,720   23,680   26,640   29,600   31,960    34,320    36,720    39,080
              30%     388     416     500     577     643   15,550   17,750   20,000   22,200   24,000    25,750    27,550    29,300
          120%   1,707   1,828   2,196   2,536   2,829   68,280   78,000   87,840   97,560   105,360   113,160   120,960   128,760
          100%   1,422   1,523   1,830   2,113   2,357   56,900   65,000   73,200   81,300    87,800    94,300   100,800   107,300
Summit     80%   1,076   1,153   1,383   1,598   1,783   43,050   49,200   55,350   61,500    66,400    71,350    76,250    81,200
           65%     924     990   1,189   1,373   1,532   36,985   42,250   47,580   52,845    57,070    61,295    65,520    69,745
           60%     853     914   1,098   1,268   1,414   34,140   39,000   43,920   48,780    52,680    56,580    60,480    64,380
           55%     782     838   1,006   1,162   1,296   31,295   35,750   40,260   44,715    48,290    51,865    55,440    59,015
           50%     711     761     915   1,056   1,178   28,450   32,500   36,600   40,650    43,900    47,150    50,400    53,650
           45%     640     685     823     951   1,060   25,605   29,250   32,940   36,585    39,510    42,435    45,360    48,285
           40%     569     609     732     845     943   22,760   26,000   29,280   32,520    35,120    37,720    40,320    42,920
           30%     427     457     548     634     707   17,100   19,500   21,950   24,400    26,350    28,300    30,250    32,200
          120%   1,455   1,558   1,872   2,161   2,412   58,200   66,480   74,880   83,160    89,760    96,480   103,080   109,800
          100%   1,212   1,298   1,560   1,801   2,010   48,500   55,400   62,400   69,300    74,800    80,400    85,900    91,500
 Teller    80%     970   1,039   1,247   1,441   1,607   38,800   44,350   49,900   55,450    59,900    64,300    68,750    73,200
           65%     788     844   1,014   1,170   1,306   31,525   36,010   40,560   45,045    48,620    52,260    55,835    59,475
           60%     727     779     936   1,080   1,206   29,100   33,240   37,440   41,580    44,880    48,240    51,540    54,900
           55%     666     714     858     990   1,105   26,675   30,470   34,320   38,115    41,140    44,220    47,245    50,325
                                                            Page 7

Estimated Development Costs


1   Land & Buildings                       HUD Mortgageable Amount
    Land*                             $0                        $0
    Existing structures               $0                        $0
    Demolition                        $0                        $0
    Subtotal                          $0                        $0

2   Site Work
    On site work                      $0                       $0
    Off site work                     $0                       $0
    Subtotal                          $0                       $0

3   New Construction/Rehabilitation
    New Structures                    $0                       $0
    Rehabilitation                    $0                       $0
    Accessory structures              $0                       $0
    General requirements              $0                       $0
    Contractor overhead               $0                       $0
    Contractor profit                 $0                       $0
    Construction contingency (10%)    $0                       $0
    Permits                           $0                       $0
    Furniture, Fixtures & Equipment   $0                       $0
    Other (Specify)                   $0                       $0
    Subtotal                          $0                       $0

4   Professional Fees
    Architect, design                 $0                       $0
    Architect, supervision            $0                       $0
    Attorney, real estate             $0                       $0
    Consultant / agent                $0                       $0
    Engineer / surveyor               $0                       $0
    Energy Consultant                 $0                       $0
    Cost Estimator                    $0                       $0
    Other (Specify)                   $0                       $0
    Subtotal                          $0                       $0

5   Construction Interim Costs
    Hazard & liability insurance      $0                       $0
    Builder's Risk Insurance          $0                       $0
    Performance bond                  $0                       $0
    Credit Report                     $0                       $0
    Construction interest**           $0                       $0
    Constr. Origination fees          $0                       $0
    Mortagee Fee                      $0                       $0
    Tap Fees                          $0                       $0
    Inspection fees                   $0                       $0
    Title & recording                 $0                       $0
    Legal fees                        $0                       $0
       Property Taxes during constr.                          $0   $0
       City Fees                                              $0   $0
       Other (Specify)                                        $0   $0
       Other (Specify)                                        $0   $0
       Subtotal                                               $0   $0

* If land is currently owned, include current market value.
** May or may not be in basis.
                                          Page 8
6    Permanent Financing Fees
     Bond Premium                    $0      $0
     Bond Issue 30-day lag reserve   $0      $0
     Bond Cost of Issuance           $0      $0
     Discount Points                 $0      $0
     Perm Loan Origination           $0      $0
     Credit Enhancement              $0      $0
     Title & Recording               $0      $0
     Legal Fees                      $0      $0
     Prepaid MIP                     $0      $0
     Forward Rate Lock               $0      $0
     Other (Specify)                 $0      $0
     Subtotal                        $0      $0

7    Soft Costs
     Feasibility study               $0      $0
     Market study                    $0      $0
     Environmental study             $0      $0
     Tax credit allocation fees**    $0      $0
     Tax credit compliance fees      $0      $0
     Appraisal                       $0      $0
     Cost certification              $0      $0
     Energy                          $0      $0
     SC cont                         $0      $0
     Other (Specify)                 $0      $0
     Subtotal                        $0      $0

8    Syndication Costs
     Organization costs              $0      $0
     Bridge loan fee                 $0      $0
     Tax opinion                     $0      $0
     Legal Fees                      $0      $0
     Other (Specify)                 $0      $0
     Other (Specify)                 $0      $0
     Subtotal                        $0      $0

9    Developer Fees
     Developer fee                   $0      $0
     Developer overhead              $0      $0
     Developer profit                $0      $0
     Other (Specify)                 $0      $0
     Subtotal                        $0      $0

10   Project Reserves
     Rent-up reserves                $0      $0
     Operating reserves              $0      $0
     Replacement reserves            $0      $0
     Other (Specify)                 $0      $0
     Other (Specify)                 $0      $0
     Subtotal                        $0      $0
TOTAL DEVELOPMENT COSTS   $0   $0
            Project Name:
            Date:
            Applicant:                                                  0               PAGE #2
            Spreadsheet Version:                                                        Development Costs

            Total Square Feet in Units                                  0
            Non Living Square Footage                                   0
            Total Project Square Feet                                   0
            Number of Units                                             0

                                                        Total Cost          Cost/Unit   Cost/Sq Ft
            ACQUISITION COSTS
            Land                                                        0     #DIV/0!      #DIV/0!
            Existing Structures *                                       0     #DIV/0!      #DIV/0!
            Appraisals & Market Study                                   0     #DIV/0!      #DIV/0!
            Soils Tests                                                 0     #DIV/0!      #DIV/0!
            Surveys                                                     0     #DIV/0!      #DIV/0!
            Other                                                       0     #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            CONSTRUCTION COSTS
            Building Permit Fees * (other)                                    #DIV/0!      #DIV/0!
            Tap Fees * (other)                                                #DIV/0!      #DIV/0!
            Off Site Infrastructure *                                   0     #DIV/0!      #DIV/0!
            On Site Infrastructure *                                    0     #DIV/0!      #DIV/0!
            Construction *                                              0     #DIV/0!      #DIV/0!
            Landscaping * (other)                                             #DIV/0!      #DIV/0!
            Contingency *                                               0     #DIV/0!      #DIV/0!
            Other                                                       0     #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            DESIGN FEES
            Architect Fees                                              0     #DIV/0!      #DIV/0!
            Engineering Fees(see Surveys above)                               #DIV/0!      #DIV/0!
            Other                                                       0     #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            INTERIM COSTS
            Construction Insurance                                      0     #DIV/0!      #DIV/0!
            Construction Loan Orig. Fee                                 0     #DIV/0!      #DIV/0!
            Construction Interest                                       0     #DIV/0!      #DIV/0!
            Consultants                                                 0     #DIV/0!      #DIV/0!
            Taxes During Construction                                   0     #DIV/0!      #DIV/0!
            Other                                                       0     #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            PERMANENT FINANCING FEES
            Loan Fees & Expenses                                        0     #DIV/0!      #DIV/0!
            Attorney Fees                                               0     #DIV/0!      #DIV/0!
            LIHTC Fees                                                  0     #DIV/0!      #DIV/0!
            Developer's Fee                                             0     #DIV/0!      #DIV/0!
            Operating & Debt Service Reserve                            0     #DIV/0!      #DIV/0!
            Other                                                       0     #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            TENANT RELOCATION
            Temporary Relocation                                        0     #DIV/0!      #DIV/0!
            Permanent Relocation (above)                                      #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!
            PROJECT MANAGEMENT
            Marketing                                                   0     #DIV/0!      #DIV/0!
            Project Management (NA)                                           #DIV/0!      #DIV/0!
            Consultants (see Consultants above)                               #DIV/0!      #DIV/0!
            Other (NA)                                                        #DIV/0!      #DIV/0!
                                                                        0     #DIV/0!      #DIV/0!

            TOTAL DEVELOPMENT EXPENSES                                  0     #DIV/0!      #DIV/0!

            Hard Cost Per Unit                             #DIV/0!          #DIV/0!     * Hard Costs
            Land Cost Per Unit                             #DIV/0!
            Soft Cost Per Unit                             #DIV/0!          #DIV/0!
            Hard Cost Per Square Foot                      #DIV/0!
            Soft Cost Per Square Foot                      #DIV/0!




7/16/2010                                    DOH - Denver HNDS Budget                                f22d9df7-48b2-4ddd-8344-1154ca5725c8.xls
                                    TAX CREDIT CHFA DDA Basis Boost
                                             CALCULATOR
Project Name

Project's Total Units                                                                 0
Project's Total Affordable Units                                                      0                          CHFA DDA 30% Basis
                                                                                           Project's Data
                                                                                                                  Boost Calculation
Applicable Fraction                                                               0.00%
Total Development Costs                                                                                $0.00                   $0.00
Land Cost                                                                                              $0.00                   $0.00
Existing Structure Cost                                                                                $0.00                   $0.00
Rehab/Construction Eligible Basis                                                                      $0.00                    $0.00
Basis Reduction from Contractor-Developer Fee worksheet                                                $0.00                    $0.00
Federal Historic Tax Credit Basis Reduction                                                            $0.00                    $0.00
Grant Funds Basis Reduction                                                                            $0.00                    $0.00
Rehab/Construction Qualified Eligible Basis                                                            $0.00                    $0.00
Applicable Fraction                                                                                   0.00%                    0.00%
Est. Eligible Basis before 130% boost                                                                  $0.00                    $0.00
1.3 Bump or 1.0 if not eligible for the HUD QCT/DDA Bump                                                 1.0                      1.3
Project's Rehab/Construction Qualified Basis                                                           $0.00                    $0.00
Project's Acquisition Eligible Basis                                                                      $0                    $0.00
Applicable Fraction                                                                                   0.00%                    0.00%
Project's Acquistion Qualified Basis                                                                   $0.00                    $0.00

Project's Total Qualified Basis                                                                        $0.00                   $0.00

Project's Applicable Percentage 9% Credit                                                             0.00%
Project's Rehab/Construction Qualified Basis                                                           $0.00
Project's Rehab/Construction Annual Credit                                                             $0.00            #N/A
Project's Applicable Percentage 4% Credit                                                             0.00%
Project's Acquisition Qualified Basis                                                                  $0.00
Project's Acquisition Annual Credit                                                                    $0.00
Project's Total Annual Credit Basis Calculation                                                        $0.00
Project's Total Annual Credit:                                                                         #N/A
10 Year Credit Period                                                                                     10
Project's Federal Equity Factor                                                                        $0.70
Project's Total Tax Credit Equity                                                              #N/A
Tax Credit Equity as a % of Total Development Costs                                            #N/A
Project's Other Sources of Funds                                                                       $0.00
Project's Total Sources of Funds                                                               #N/A
Project's Financing Gap (GAP)                                                                  #N/A
                                           Calculation to Fund the GAP
                                                                                          Tax Credit Equity         Annual Credit
Project's Tax Credit Equity from Rehab before funding the GAP                                          $0.00                   $0.00
Project's GAP                                                                                   #N/A                   #N/A
                                                                                                #N/A                   #N/A
Project's Tax Credit Equity from Acquistion                                                            $0.00                   $0.00
Total Tax Credit Equity needed to Fund the GAP                                                          #N/A                    #N/A

Total Tax Credit Equity needed to Fund the GAP                                                 #N/A                     #N/A
Project's Other Sources of Funds                                                                       $0.00
Total Funds for Development                                                                    #N/A

Project's Rehab/Construction Eligible Basis before funding the GAP                                     $0.00
Amount of additional basis boost needed to fund the GAP                                        #N/A
Total Rehab/Construction Eligible Basis + Basis Boost to Fund the GAP                          #N/A
Project's Acquistion Eligible Basis                                                                    $0.00

Basis Boost % Increase calculated to fund the GAP                                              #N/A
                                   CHFA DDA Maximum 30% Basis Boost Calculation

Project's Rehab/Construction Qualified Eligible Basis                                                  $0.00                   $0.00

Maximum Rehab/Const CHFA DDA Basis Boost up to 30% Available                                           $0.00                   $0.00
                                                                                                       $0.00
Maximum Acquisition Eligbile Basis Available                                                           $0.00                   $0.00
Maximum Total Eligible Basis Available                                                                 $0.00                   $0.00
Total Tax Credit Equity Available from the CHFA DDA Basis Boost                                             $0

Maximum % increase CHFA DDA Basis Boost Available                                                     1.30%
                                             CHFA Factor Calculation
GAP                                                                                            #N/A
Allowable Developer Fee                                                                               $0.00
Budgeted Developer Fee                                                                                $0.00
CHFA Factor                                                                                           $0.00                    $0.00

				
DOCUMENT INFO
Description: Starting a Non Profit Corporation document sample