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					                    2007 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 copy either on a disk or via e-mail. The disk should
not contain any other files or information, only the 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 should be completed in the order they are listed. 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”.

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. The calculations will not be correct
unless the “Annual Credit Amount” worksheet is completed. 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 A153 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. 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 have
changed.
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 the month and year of the lock-in date must be indicated.

Final Application - For the competitive process the applicant must include the month and year of the placed-in-service date. 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 and must indicate the month and year that
the bonds are sold. 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?”.




                                                                                     Application Instructions
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.

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 HOME funds are indicated a prompt will appear regarding the structure of the HOME 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.

DEVELOPMENT FINANCING

All applications must include an equity factor (cents on the dollar purchase price for the tax credits). For the preliminary application enter $.85 for the federal equity factor, unless there is
a letter of interest 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. Line 11 will automatically populate if the OEMC program is being utilized.

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.

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 tab.

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.

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 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.

                                                                                       Application Instructions
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

There is one input cell in this worksheet that must be completed 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.




                                                                                      Application Instructions
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.

OEMC
This worksheet calculates incentive amounts for development participating in the Office of Energy Management and Conservation (OEMC) Program. Depending on specific energy
efficient items to be installed, enter the number of items in the appropriate cells in columns G and H, through cells # 9 thru 37.

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.




                                                                                     Application Instructions
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.

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.




                                                                                   Application Instructions
                                               Application Fee
                                                        Amount of Annual Credit: FALSE

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

                     Preliminary Application Fee for PAB-Financed Application -
                                                             Application fee is: $2,500

                      Preliminary Reservation Fee for Competitive Applications-
                                        3% of Preliminary Reservation Amount: $0

                        Initial Determination Fee for PAB-Financed Application -
                                                       Initial Determination fee is: $1,500

              Carryover App. Fee (not applicable to PAB-Financed Applications)
                                                      2% of Carryover Amount: $0

                             Final Application Fee for PAB-Financed Application: $2,500
            (Not applicable to developments that received a Carryover Allocation
                           and paid a Carryover Application Fee)

                         Compliance Monitoring Fee for Final Applications Only: $2,070
                             (Fee is $230 per low income and employee units)



                                           End of This Section




7/17/2010                                          Application Fee      74deba56-abb7-4a2d-aea7-5ba597883588.xls
                                                      Development Summary

0
0
0
0
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           3                  3                    0              1              1           1            0              0
Total # of 2 bedroom units           3                  3                    0              1              1           1            0              0
Total # of 3 bedroom units           3                  3                    0              1              1           1            0              0
Total # of 4 bedroom units           0                  0                    0              0              0           0                           0
                   Total             9                  9                    0              3              3           3            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                 $0             #DIV/0!
                                                      Hard Costs: $0                  $0             #DIV/0!

                 Finance Sources other than Tax Credit Equity:      $0
                                            Tax Credit Equity:      $0
                                                Total Sources:      $0
                                                   Total Uses:      $0
                                          Sources equal Uses?       Yes

                                                                                      PUPA
                       Total Annual Residential Operating Exp: $0                     $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?




7/17/2010                                                           Development Summary                         74deba56-abb7-4a2d-aea7-5ba597883588.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)                                        $0
                          Minimum PUPA Requirement                                                     $3,600
                          The minimum PUPA requirement is not met.
                          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



            The date of the application must be entered, starting at cell E3 of the 'Development Information' worksheet.
            Either cell C18 or E18 on the 'Development Information' worksheet must be marked to indicate the type of credit requested.
            The development name must be entered in cell C22 of the 'Development Information' worksheet.
            The development address must be entered in cell C23 of the 'Development Information' worksheet.
            The city or town where the development is located must be entered in cell C24 of the 'Development Information' worksheet.


            The zip code where the development is located must be entered in cell G25 of the 'Development Information' worksheet.
            The census tract number where the development is located must be entered in cell C25 of the 'Development Information' worksheet.


            The State Senate District where the development is located must be entered in cell C30 of the 'Development Information' worksheet.
            The Congressional District where the development is located must be entered in cell C31 of the 'Development Information' worksheet.
            The State House District where the development is located must be entered in cell G30 of the 'Development Information' worksheet.
            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 total number of buildings in the development must be entered in cell C56 of the 'Development Information' worksheet.
            The number of floors in the tallest building must be entered in cell E58 of the 'Development Information' worksheet.
            Either 'Yes' or 'No' must be entered in cell E61 of the 'Development Information' worksheet.
            The number of parking spaces must be entered in cell C63 of the 'Development Information' worksheet.
            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
            Total Units in Cell C107 of the 'Development Information' worksheet must equal Total Units from 'Unit Mix & Rents'
            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.



            The name of other states where the applicant, or other principals of the ownership entity, received tax credits must be indicated starting in cell D44 of the 'Applicant Info-Development Team' worksheet.
            Either Cell G49 or Cell H49 of the 'Applicant Info-Development Team' worksheet must be marked.




            Cell C4 of the 'Contractor-Developer Fee Limits' worksheet must be marked 'Yes' or 'No'.




7/17/2010                                                                    Missing Information                                             74deba56-abb7-4a2d-aea7-5ba597883588.xls
            Utility Allowance for 1 bedroom units in Cell D19 of the 'Unit Mix & Rents' worksheet is missing.
            Utility Allowance for 2 bedroom units in Cell D20 of the 'Unit Mix & Rents' worksheet is missing.
            Utility Allowance for 3 bedroom units in Cell H18 of the 'Unit Mix & Rents' worksheet is missing.




            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




7/17/2010                                                                    Missing Information                                         74deba56-abb7-4a2d-aea7-5ba597883588.xls
                   Project Number                                  Completed by CHFA Staff
                 2007 Application
            Preliminary Application                         Date

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

     IMPORTANT! Enter the current month's Applicable Percentage Rate in the box below. The current rate can be
     found at CHFA's website. Click on the address below for the direct link to the current applicable percentages.
     For Final Applications, if the rate was locked at carryover or at bond issuance, enter the lock-in rate.
                                       http://www.colohfa.org/documents/HCBulletin.pdf


            Enter Current 9% APR In CELL D14                       For PAB-financed or Acquisition /Rehab deals, enter
                                                                              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 Denver
 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.




7/17/2010                                                        Development Information                       74deba56-abb7-4a2d-aea7-5ba597883588.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)
                                                                                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
                             Elderly
                         AIDS/HIV
                     Special Needs
                             Family
                         Homeless
                     Other (specify)
                        Total Units               0                        0%

      Total units on this page must equal total units from 'Unit Mix & Rents'


                                                            End of This Section




7/17/2010                                                     Development Information                  74deba56-abb7-4a2d-aea7-5ba597883588.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
                  Other (Specify)                              $0                 $0               $0
                  Other (Specify)                              $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
                  Other (Specify)                              $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                  Other (Specify)                              $0                 $0               $0
                                 Subtotal                      $0                 $0               $0




7/17/2010                                            Development Budget          74deba56-abb7-4a2d-aea7-5ba597883588.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
                 Other (Specify)                          $0                    $0                  $0
                 Other (Specify)                          $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




7/17/2010                                          Development Budget          74deba56-abb7-4a2d-aea7-5ba597883588.xls
                  0                                        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




7/17/2010                                                      Development Budget                 74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                         Commercial Budget   74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                        Commercial Budget     74deba56-abb7-4a2d-aea7-5ba597883588.xls
                                             Development Financing

                                              Tax Credit Syndication

                                      Federal Equity Factor:           $0.850 *
        * $0.85 is the preliminary rate unless there is a letter of interest from a syndicator with a stated equity factor.

                     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
       10       Other Owner Equity
                 Source of Financing           Amount
                    Grants Only                of Funds
       11      OEMC Energy Incentives             $0
       12
       13
       14
       15
       16
       17
            Total Amount of Funds from                                            Total Annual
            sources other than tax credits        $0                                  Debt          $0

            Tax Credit Equity                     $0
            Total Funds for Development           $0
            Total Development Budget              $0




                                               End of This Section




7/17/2010                                              Development Financing          74deba56-abb7-4a2d-aea7-5ba597883588.xls
                       0                                               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




7/17/2010                                                        Development Financing           74deba56-abb7-4a2d-aea7-5ba597883588.xls
                                                            Unit Mix & Rents

            TABLE ILLUSTRATING 2006 MEDIAN INCOMES:                 Denver
               # of                  % of Median Income for Area
            Persons        120%        100%        80%        65%            60%     50%         40%         30%

            1 Person     $60,240      $50,200     $40,150   $32,630     $30,120     $25,100    $20,080     $15,050

            2 Persons    $68,760      $57,300     $45,900   $37,245     $34,380     $28,650    $22,920     $17,200

            3 Persons    $77,400      $64,500     $51,600   $41,925     $38,700     $32,250    $25,800     $19,350

            4 Persons    $86,040      $71,700     $57,350   $46,605     $43,020     $35,850    $28,680     $21,500

            5 Persons    $92,880      $77,400     $61,950   $50,310     $46,440     $38,700    $30,960     $23,250

            6 Persons    $99,720      $83,100     $66,550   $54,015     $49,860     $41,550    $33,240     $24,950

            7 Persons    $106,560     $88,800     $71,150   $57,720     $53,280     $44,400    $35,520     $26,650



            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        $                      3 bedroom         $                      Do Rents Include Utilities?
              1 bedroom        $                      4 bedroom         $                  Yes
              2 bedroom        $                      5 bedroom         $                   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




7/17/2010                                                        Unit Mix and Rents                   74deba56-abb7-4a2d-aea7-5ba597883588.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         1      $21,500     $537      $0        $537         $0       #DIV/0!     $0
            Income   1-Bd; 1 Ba      0         0         $0        $0       $0         $0          $0       $0.00       $0
                     2-Bd; 1 Ba      0         1      $25,800     $645      $0        $645         $0       #DIV/0!     $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         1      $29,820     $745      $0        $745         $0       #DIV/0!     $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    3
                                    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         1      $26,875     $671      $0        $671         $0       #DIV/0!     $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         1      $32,250     $806      $0        $806         $0       #DIV/0!     $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         1      $37,275     $931      $0        $931         $0       #DIV/0!     $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    3
                                    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         1      $32,250     $806      $0        $806         $0       #DIV/0!     $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         1      $38,700     $967      $0        $967         $0       #DIV/0!     $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         1      $44,730     $1,118    $0       $1,118        $0       #DIV/0!     $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    3
                                    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




7/17/2010                                                  Unit Mix and Rents               74deba56-abb7-4a2d-aea7-5ba597883588.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           9      Total Units


            Total Low-Income                0           9      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.

            Commercial Space
            Square Footage
                                                                                                        Lowest Applicable Fraction
            Square Footage                           Low Income Units                                  for calculating credit amount
            Applicable Fraction             0         Applicable Fraction     100.00%                             100.00%



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




                                                         End of This Section




7/17/2010                                                              Unit Mix and Rents                 74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                   Development Income   74deba56-abb7-4a2d-aea7-5ba597883588.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            $0       Fuel (Heat/Water)                    $0              $0
      Advertising                          $0            $0       Electricity                          $0              $0
      Legal                                $0            $0       Water & Sewer                        $0              $0
      Leased Equipment                     $0            $0       Gas                                  $0              $0
      Management Fees                      $0            $0       Trash                                $0              $0
      Management Salaries                  $0            $0       Security                             $0              $0
      Management Payroll Tax               $0            $0       Cable                                $0              $0
      Model Apartment                      $0            $0       Other (Specify)                      $0              $0
      Office Supplies                      $0            $0       Other (Specify)                      $0              $0
      Telephone                            $0            $0       Other (Specify)                      $0              $0
      Other (Specify)                      $0            $0       Other (Specify)                      $0              $0
      Other (Specify)                      $0            $0       Total Operations                     $0              $0
      Other (Specify)                      $0            $0
      Total Administration                 $0            $0



      Maintenance                                                 Fixed Expenses

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



      Total Annual Residential                                    Total Number of Units                    9
      Operating Expenses                   $0                     Per Unit Per Annum                   $0


      Total Annual Commercial                                     Minimum Per Unit Per Annum Requirement is not met
      Operating Expenses                   $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




7/17/2010                                                     Development Expenses                  74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                                15 Year Pro Forma                         74deba56-abb7-4a2d-aea7-5ba597883588.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:                  9             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




7/17/2010                                            Contractor-Developer Fee Limits        74deba56-abb7-4a2d-aea7-5ba597883588.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
                       HOME Funds reduced from Basis                                                                                                          $0
                                                                                                                         Total Eligible Basis                 $0

      Total Eligible         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      100.00%        =          $0             x      0.00%          =         $0
       Acquisition           QCT or DDA             Not Eligible for           Applicable             Qualified               Applicable             Acquisition
            Basis           Not Applicable          Adjusted 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                   $0.8500         =        $0




                       Method Three: Basis Limit Calculation

                                                                                Number               Basis Limit             Total Adjusted
                                                                                of Units               per Unit               Eligible Basis
                                                    0 bedroom                       0                                X          #VALUE!
                                                    1 bedroom                       3                                X          #VALUE!
                                                    2 bedroom                       3                                X          #VALUE!
                                                    3 bedroom                       3                                X          #VALUE!
                                                    4 bedroom                       0                                X          #VALUE!
                                                                                                                                #VALUE!


                            Total Adjusted            QCT or DDA               Applicable          Adjusted Qualified         Applicable           Adjusted Annual
                            Eligible Basis          Not Applicable=1.0          Fraction                Basis                Percentage                Credit
                              #VALUE!           x          1.0           x      100.00%        =      #VALUE!            x     0.00%           =     #VALUE!

                                             Maximum Credit Award as per Section II.F. of the Allocation Plan:                                     $1,100,000

                             Based on the calculations performed above and the maximum award available,
                             this development is eligible for a total Annual Federal Credit in the amount of :

                                                                                    FALSE




                                                                       End of This Section




7/17/2010                                                                    Annual Credit Amount                         74deba56-abb7-4a2d-aea7-5ba597883588.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%                                                                               40
                     50%                                                                               60
                     40%                                                                               80


            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%                                                                               60
                     40%                                                                               80


            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




7/17/2010                                                                     Scoring                           74deba56-abb7-4a2d-aea7-5ba597883588.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              11

                                     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

            Selection                                         Criteria                                                      Points
                        a. 'Development that provides housing for a mix of incomes by having no                               0
                        more than 70% 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




7/17/2010                                                                   Scoring                       74deba56-abb7-4a2d-aea7-5ba597883588.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
            x
            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




7/17/2010                                                                              Scoring                            74deba56-abb7-4a2d-aea7-5ba597883588.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                                                                                                             0
            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:




7/17/2010                                                              Non Profit Questionnaire                    74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                                            Non Profit Questionnaire                     74deba56-abb7-4a2d-aea7-5ba597883588.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?             x    Yes                     No

                 If "Yes", which year(s)?
                 and State(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




7/17/2010                                                         Applicant Info - Development Team                            74deba56-abb7-4a2d-aea7-5ba597883588.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):




7/17/2010                                           Applicant Info - Development Team            74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                              Applicant Info - Development Team             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                                                Applicant Certification

       This application constitutes a public record within the meaning of 24-72-210, et. seq. Of the Colorado
       Revised Statutes (the "Open Records Act"). Applicant acknowledges and agrees that none of the
       exceptions to the right of public inspection and copying under the Open Records Act is applicable to this
       Application and, accordingly, that Colorado Housing and Finance Authority ("CHFA") will make available
       for inspection and copying upon request of any person.
       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




7/17/2010                                                   Applicant Certification      74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                                 Applicant Certification      74deba56-abb7-4a2d-aea7-5ba597883588.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




7/17/2010                                              Official Notification         74deba56-abb7-4a2d-aea7-5ba597883588.xls
Appendix E – Energy $aving Partners (E$P) New Construction Incentive Program

The following energy-efficiency measures installed in new construction projects are eligible for grant funds based on the incentive listed
   A                        B                                          C                                                 D                                                           E            F            G           H             I

 Measure                  Efficiency Measure                                  Incentive Measure Description                                            Baseline                    Unit        Incentive   *Proposed    Installed     Total
    #                                                                                                                                                                                          Amount      # Column E   # of Units   Incentive
                                                                                                                                                                                               per Unit      Units                    (F x H)
    1      Compact Fluorescent Lighting, Interior Fixture   13-36 Watt Fixture                                            Incandescent, 65 W Fixture                              Fixture       $54.80                                       $0.00
    2      Compact Fluorescent Lighting, Interior Fixture   48 Watt Fixture                                               Incandescent, 100 W Fixture                             Fixture       $32.00                                       $0.00
    3      Compact Fluorescent Lighting, Interior Fixture   54 Watt Fixture                                               Incandescent, 120 W Fixture                             Fixture       $40.00                                       $0.00
    4      Compact Fluorescent Lighting, Interior Fixture   72 Watt Fixture                                               Incandescent, 120 W Fixture                             Fixture       $40.00                                       $0.00
    5      Compact Fluorescent Lighting, Exterior Fixture   18-20 Watt Fixture                                            Incandescent, 60 W Fixture                              Fixture       $40.00                                       $0.00
    6      Compact Fluorescent Lighting, Exterior Fixture   40 Watt Fixture                                               Incandescent, 120 W Fixture                             Fixture       $40.00                                       $0.00
    7      Compact Fluorescent Lighting, Exterior Fixture   65 Watt Fixture                                               Incandescent, 120 W Fixture                             Fixture       $40.00                                       $0.00
    8      Replace T-12 Fixture with a T-8 Fixture          1 Lamp T-8, rapid start                                       1 Lamp T-12, 4' fixture                                 Fixture       $5.81                                        $0.00
    9      Replace T-12 Fixture with a T-8 Fixture          2 Lamp T-8, rapid start                                       2 Lamp T-12, 4' fixture                                 Fixture       $8.55                                        $0.00
    10     High Efficiency Condensing Furnace               90 AFUE                                                       78 AFUE                                               1,000 btu/hr    $6.66                                        $0.00
    11     High Efficiency Condensing Furnace               92 AFUE                                                       78 AFUE                                               1,000 btu/hr    $7.63                                        $0.00
    12     High Efficiency Condensing Furnace               94 AFUE                                                       78 AFUE                                               1,000 btu/hr    $8.60                                        $0.00
    13     High Efficiency Condensing Furnace               96 AFUE                                                       78 AFUE                                               1,000 btu/hr    $9.58                                        $0.00
    14     High Efficiency Boiler                           86 AFUE                                                       80 AFUE                                               1,000 btu/hr    $12.31                                       $0.00
    15     High Efficiency Boiler                           88 AFUE                                                       80 AFUE                                               1,000 btu/hr    $13.28                                       $0.00
    16     High Efficiency Boiler                           90 AFUE                                                       80 AFUE                                               1,000 btu/hr    $14.26                                       $0.00
    17     High Efficiency Electric Water Heater            Electric Efficiency = 0.93                                    Efficiency = 0.88                                       gallon        $1.81                                        $0.00
    18     High Efficiency Gas Water Heater                 Gas Efficiency = 0.63                                         Efficiency = 0.60                                       gallon        $1.63                                        $0.00
    19     High Efficiency Air Conditioning Heat Pump       14 SEER (12.19 EER) / 8.6 HSPF (3.52 COP) A/C Heat Pump       13 SEER(11.07 EER)/8.1 HSPF(3.28 COP) A/C Heat pump      tons        $226.23                                       $0.00
    20     High Efficiency Air Conditioning Heat Pump       15 SEER (12.70 EER) / 8.8 HSPF (3.74 COP) A/C Heat Pump       13 SEER(11.07 EER)/8.1 HSPF(3.28 COP) A/C Heat pump      tons        $318.85                                       $0.00
    21     2" x 4" by 24" OC Wall                           2X4 24" O.C. w/ R-15 batts and R-6.5 exterior foam            2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.28                                        $0.00
    22     2" x 4" by 24" OC Wall                           2X4 24" O.C. w/ R-15 batts and R-8 exterior foam              2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.43                                        $0.00
    23     2" x 4" by 24" OC Wall                           2X4 24" O.C. w/ R-15 batts and R-13 exterior foam             2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.93                                        $0.00
    24     2" x 6" by 16" OC Wall                           2X6 16" O.C. w/ R-17 and R-3 exterior foam                    2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.14                                        $0.00
    25     2" x 6" by 16" OC Wall                           2X6 16" O.C. w/ R-17 and R-5 exterior foam                    2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.34                                        $0.00
    26     2" x 6" by 24" OC Wall                           2X6 24" O.C. w/ R-17 and R-5 exterior foam                    2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.23                                        $0.00
    27     2" x 6" by 24" OC Wall                           2X6 24" O.C. w/ R-19 and R-5 exterior foam                    2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.27                                        $0.00
    28     2" x 6" by 24" OC Wall                           2X6 24" O.C. w/ R-21 and R-5 exterior foam                    2X4 16" O.C. w/ R-15 batts and R-3 exterior foam        Sq. Ft.       $0.31                                        $0.00
    29     Increase Attic/Ceiling Insulation                Additional R-11 batt (R-49 total)                             R-38                                                    Sq. Ft.       $0.22                                        $0.00
    30     Solar Photovoltaic System                        Addition of photovoltaic systems to offset electrical costs                                                            Watt         $2.00                                        $0.00
* Indicate the total number of Units to be installed in the project                                                       Total Project Incentive:                                                                                      $0.00

In order to be eligible for the incentives, the project must have at least 67% of the units affordable to households at 60% of the State Median Income.
The State Median Income is calculated differnetly than the Area Median Income and units in some counties may not be eligible. Based on the Unit Mix & Rents worksheet,
the number of eligible units will be calculated below.

I hereby certify that the information provided above concerning the installation of energy-efficiency measures is true and correct.
I understand that the Total Project Incentive will be reimbursed upon complete document submission. If not done previously, I agree to provide
documentation in support of the Total Project Incentive to the Colorado Housing & Finance Authority (CHFA) within 30 days of the issuance of the Certificate of Occupancy
for this project and will permit staff of the CHFA to complete an on-site inspection, if necessary. I also agree to release utility data to CHFA and OEMC as requested.


_____________________________________________                                             ______________________                                                                _________________________
Executive Director                                                                       Date                                                                                   CHFA Staff Approval/Date
                                                       10% Test for Carryover Allocation Application
                                                         Expected Basis and Itemized Expenditures
                              0                                        as of 1/0/1900
                 Project Number: 0
            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
                          Bond Cost of Issuance                            $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


7/17/2010                                              10% Test for Carryover                      74deba56-abb7-4a2d-aea7-5ba597883588.xls
      Project Number: 0
                           Building I. D. Number (entered by CHFA staff):
                                                  Building Street Address:
 1 Total Number of Units in Building (including employee units):
 2 Total Number of Employee Units in Building:
 3 Total Number of Low-Income Units in Building:
 4 Total Residential Square Footage in Building:
   (including all common units)
 5 Total Square Footage of Employee Units in Building:
 6 Total Square Footage of Low-Income Units in Building:
                         Low-Income Unit Applicable Fraction for Building:                     #DIV/0!                         0
                          Square Footage Applicable Fraction for Building:                     #DIV/0!                         0
                       Lowest Applicable for Calculating Credit for Building:                  #DIV/0!                      0.00%
 7 Month/Day/Year of Placed-In-Service Date for Building:
   http://www.colohfa.org/documents/
   HCBulletin.pdf
   Applicable Percentage for Calculating Building Credit Amount:                                FALSE                       FALSE

FOR NEW CONSTRUCTION PROJECTS:
 1 Building's Eligible Basis:
   130% Adjustment (if applicable):                                                             0.00                         0.00
FOR MAJOR REHABILITATION:
 1 Building's Total Eligible Basis for Major Rehabilitation:
   At 130% High Cost Area Adjustment (if applicable):                                             0                           0
FOR ACQUISITION COSTS:
 1 Total Cost of Acquiring the Building (include the cost of land):
   Enter the Higher of Land Purchase Price or Land Appraised Value
 2 Proportional to the Total Cost of Acquiring the Building:
 3 Building Total Eligible Basis for Acquisition Costs:                                           0                           0
   (Subtract Line 2 from Line 1)
   Month/Year of Acquisition Placed-in-Service Date
   Month/Year of Lock-In for Applicable Percentage:                                               0                            0
                                                                                                  0                            0

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

                                #DIV/0!                        #DIV/0!
                 #VALUE!                                       #VALUE!                         #VALUE!                     #VALUE!
                           #VALUE!                             #VALUE!                         #VALUE!                     #VALUE!
                                                                                               #VALUE!                     #VALUE!
                                                               #VALUE!                         #VALUE!                     #VALUE!




'Form C' Total Units does not equal 'Unit Dist.& Rent' Total Units
'Form C' Low Income Units does not equal 'Unit Dist.& Rent' Low Income Units




                                                                      #DIV/0!                  #DIV/0!                      #DIV/0!
                                                                      #DIV/0!                  #DIV/0!                      #DIV/0!
                                                                      #DIV/0!                  #DIV/0!                                       0




7/17/2010                                                             Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                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             0                                  0                           0




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



            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!
            #VALUE!       #VALUE!                            #VALUE!                    #VALUE!




            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
            #DIV/0!       #DIV/0!                            #DIV/0!                     #DIV/0!
                      0                    0                              0                               0




7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
                0             0                                  0                          0
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
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7/17/2010                           Final Building Profile             74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
7/17/2010   Final Building Profile   74deba56-abb7-4a2d-aea7-5ba597883588.xls
2007 Basis Limit Test
                                                              2007 Zone Factors
Bdm. Size    Elevator Base Non-Elevator Base          Zone 1 Factor               2.65
     0                  48,050           44,484       Zone 2 Factor               2.69
     1                  55,084           50,493       Zone 3 Factor               2.41
     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     Bdm. Size
      0            127,524.00        118,060.00              0               129,158.00   119,572.00       0
      1            146,192.00        134,008.00              1               148,065.00   135,725.00       1
      2            177,762.00        161,981.00              2               180,039.00   164,056.00       2
      3            229,963.00        203,314.00              3               232,909.00   205,919.00       3
      4            252,432.00        230,388.00              4               255,666.00   233,339.00       4




                                 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               50200   Adams         57300   Adams         64500   Adams         71700   Adams         77400
Alamosa             37700   Alamosa       43100   Alamosa       48500   Alamosa       53900   Alamosa       58200
Arapahoe            50200   Arapahoe      57300   Arapahoe      64500   Arapahoe      71700   Arapahoe      77400
Archuleta           37700   Archuleta     43100   Archuleta     48500   Archuleta     53900   Archuleta     58200
Baca                37700   Baca          43100   Baca          48500   Baca          53900   Baca          58200
Bent                37700   Bent          43100   Bent          48500   Bent          53900   Bent          58200
Boulder             60900   Boulder       69600   Boulder       78300   Boulder       87000   Boulder       94000
Broomfield          50200   Broomfield    57300   Broomfield    64500   Broomfield    71700   Broomfield    77400
Chafee              37700   Chafee        43100   Chafee        48500   Chafee        53900   Chafee        58200
Cheyenne            37700   Cheyenne      43100   Cheyenne      48500   Cheyenne      53900   Cheyenne      58200
Clear Creek         50200   Clear Creek   57300   Clear Creek   64500   Clear Creek   71700   Clear Creek   77400
Conejos             37700   Conejos       43100   Conejos       48500   Conejos       53900   Conejos       58200
Costilla            37700   Costilla      43100   Costilla      48500   Costilla      53900   Costilla      58200
Crowley             37700   Crowley       43100   Crowley       48500   Crowley       53900   Crowley       58200
Custer              37700   Custer        43100   Custer        48500   Custer        53900   Custer        58200
Delta               37700   Delta         43100   Delta         48500   Delta         53900   Delta         58200
Denver              50200   Denver        57300   Denver        64500   Denver        71700   Denver        77400
Dolores             37700   Dolores       43100   Dolores       48500   Dolores       53900   Dolores       58200
Douglas             50200   Douglas       57300   Douglas       64500   Douglas       71700   Douglas       77400
Eagle        56800   Eagle        64900   Eagle        73000   Eagle        81100   Eagle         87600
El Paso      45900   El Paso      52400   El Paso      59000   El Paso      65500   El Paso       70700
Elbert       50200   Elbert       57300   Elbert       64500   Elbert       71700   Elbert        77400
Fremont      37700   Fremont      43100   Fremont      48500   Fremont      53900   Fremont       58200
Garfield     44800   Garfield     51200   Garfield     57600   Garfield     64000   Garfield      69100
Gilpin       50200   Gilpin       57300   Gilpin       64500   Gilpin       71700   Gilpin        77400
Grand        46100   Grand        52700   Grand        59300   Grand        65900   Grand         71200
Gunnison     43500   Gunnison     49800   Gunnison     56000   Gunnison     62200   Gunnison      67200
Hinsdale     39300   Hinsdale     44900   Hinsdale     50500   Hinsdale     56100   Hinsdale      60600
Huerfano     37700   Huerfano     43100   Huerfano     48500   Huerfano     53900   Huerfano      58200
Jackson      37700   Jackson      43100   Jackson      48500   Jackson      53900   Jackson       58200
Jefferson    50200   Jefferson    57300   Jefferson    64500   Jefferson    71700   Jefferson     77400
Kiowa        37700   Kiowa        43100   Kiowa        48500   Kiowa        53900   Kiowa         58200
Kit Carson   37700   Kit Carson   43100   Kit Carson   48500   Kit Carson   53900   Kit Carson    58200
La Plata     42400   La Plata     48500   La Plata     54500   La Plata     60600   La Plata      65400
Lake         39300   Lake         44900   Lake         50500   Lake         56100   Lake          60600
Larimer      48400   Larimer      55400   Larimer      62300   Larimer      69200   Larimer       74700
Las Animas   37700   Las Animas   43100   Las Animas   48500   Las Animas   53900   Las Animas    58200
Lincoln      37700   Lincoln      43100   Lincoln      48500   Lincoln      53900   Lincoln       58200
Logan        37700   Logan        43100   Logan        48500   Logan        53900   Logan         58200
Mesa         37700   Mesa         43100   Mesa         48500   Mesa         53900   Mesa          58200
Mineral      39300   Mineral      44900   Mineral      50500   Mineral      56100   Mineral       60600
Moffat       37700   Moffat       43100   Moffat       48500   Moffat       53900   Moffat        58200
Montezuma    37700   Montezuma    43100   Montezuma    48500   Montezuma    53900   Montezuma     58200
Montrose     37700   Montrose     43100   Montrose     48500   Montrose     53900   Montrose      58200
Morgan       37700   Morgan       43100   Morgan       48500   Morgan       53900   Morgan        58200
Otero        37700   Otero        43100   Otero        48500   Otero        53900   Otero         58200
Ouray        42200   Ouray        48200   Ouray        54300   Ouray        60300   Ouray         65100
Park         50200   Park         57300   Park         64500   Park         71700   Park          77400
Phillips     37700   Phillips     43100   Phillips     48500   Phillips     53900   Phillips      58200
Pitkin       68300   Pitkin       78100   Pitkin       87800   Pitkin       97600   Pitkin       105400
Prowers      37700   Prowers      43100   Prowers      48500   Prowers      53900   Prowers       58200
Pueblo       37700   Pueblo       43100   Pueblo       48500   Pueblo       53900   Pueblo        58200
Rio Blanco   37800   Rio Blanco   43200   Rio Blanco   48600   Rio Blanco   54000   Rio Blanco    58300
Rio Grande   37700   Rio Grande   43100   Rio Grande   48500   Rio Grande   53900   Rio Grande    58200
Routt        51500   Routt        58900   Routt        66200   Routt        73600   Routt         79500
Saguache     37700   Saguache     43100   Saguache     48500   Saguache     53900   Saguache      58200
San Juan     37700   San Juan     43100   San Juan     48500   San Juan     53900   San Juan      58200
San Miguel    50200   San Miguel    57400   San Miguel    64500   San Miguel    71700   San Miguel    77400
Sedgwick      37700   Sedgwick      43100   Sedgwick      48500   Sedgwick      53900   Sedgwick      58200
Summit        55200   Summit        63000   Summit        70900   Summit        78800   Summit        85100
Teller        47600   Teller        54400   Teller        61200   Teller        68000   Teller        73400
Washington    37700   Washington    43100   Washington    48500   Washington    53900   Washington    58200
Weld          41900   Weld          47800   Weld          53800   Weld          59800   Weld          64600
Yuma          37700   Yuma          43100   Yuma          48500   Yuma          53900   Yuma          58200

Adams         40150   Adams         45900   Adams         51600   Adams         57350   Adams         61950
Alamosa       30200   Alamosa       34500   Alamosa       38800   Alamosa       43100   Alamosa       46550
Arapahoe      40150   Arapahoe      45900   Arapahoe      51600   Arapahoe      57350   Arapahoe      61950
Archuleta     30200   Archuleta     34500   Archuleta     38800   Archuleta     43100   Archuleta     46550
Baca          30200   Baca          34500   Baca          38800   Baca          43100   Baca          46550
Bent          30200   Bent          34500   Bent          38800   Bent          43100   Bent          46550
Boulder       41700   Boulder       47700   Boulder       53650   Boulder       59600   Boulder       64350
Broomfield    40150   Broomfield    45900   Broomfield    51600   Broomfield    57350   Broomfield    61950
Chafee        30200   Chafee        34500   Chafee        38800   Chafee        43100   Chafee        46550
Cheyenne      30200   Cheyenne      34500   Cheyenne      38800   Cheyenne      43100   Cheyenne      46550
Clear Creek   40150   Clear Creek   45900   Clear Creek   51600   Clear Creek   57350   Clear Creek   61950
Conejos       30200   Conejos       34500   Conejos       38800   Conejos       43100   Conejos       46550
Costilla      30200   Costilla      34500   Costilla      38800   Costilla      43100   Costilla      46550
Crowley       30200   Crowley       34500   Crowley       38800   Crowley       43100   Crowley       46550
Custer        30200   Custer        34500   Custer        38800   Custer        43100   Custer        46550
Delta         30200   Delta         34500   Delta         38800   Delta         43100   Delta         46550
Denver        40150   Denver        45900   Denver        51600   Denver        57350   Denver        61950
Dolores       30200   Dolores       34500   Dolores       38800   Dolores       43100   Dolores       46550
Douglas       40150   Douglas       45900   Douglas       51600   Douglas       57350   Douglas       61950
Eagle         41900   Eagle         47900   Eagle         53850   Eagle         59850   Eagle         64650
El Paso       36700   El Paso       41900   El Paso       47150   El Paso       52400   El Paso       56600
Elbert        40150   Elbert        45900   Elbert        51600   Elbert        57350   Elbert        61950
Fremont       30200   Fremont       34500   Fremont       38800   Fremont       43100   Fremont       46550
Garfield      35850   Garfield      40950   Garfield      46100   Garfield      51200   Garfield      55300
Gilpin        40150   Gilpin        45900   Gilpin        51600   Gilpin        57350   Gilpin        61950
Grand         36900   Grand         42150   Grand         47450   Grand         52700   Grand         56900
Gunnison      34850   Gunnison      39800   Gunnison      44800   Gunnison      49750   Gunnison      53750
Hinsdale      31450   Hinsdale      35900   Hinsdale      40400   Hinsdale      44900   Hinsdale      48500
Huerfano      30200   Huerfano      34500   Huerfano      38800   Huerfano      43100   Huerfano      46550
Jackson       30200   Jackson       34500   Jackson       38800   Jackson       43100   Jackson       46550
Jefferson    40150   Jefferson    45900   Jefferson    51600   Jefferson    57350   Jefferson    61950
Kiowa        30200   Kiowa        34500   Kiowa        38800   Kiowa        43100   Kiowa        46550
Kit Carson   30200   Kit Carson   34500   Kit Carson   38800   Kit Carson   43100   Kit Carson   46550
La Plata     33950   La Plata     38800   La Plata     43650   La Plata     48500   La Plata     52400
Lake         31450   Lake         35900   Lake         40400   Lake         44900   Lake         48500
Larimer      38750   Larimer      44300   Larimer      49800   Larimer      55350   Larimer      59800
Las Animas   30200   Las Animas   34500   Las Animas   38800   Las Animas   43100   Las Animas   46550
Lincoln      30200   Lincoln      34500   Lincoln      38800   Lincoln      43100   Lincoln      46550
Logan        30200   Logan        34500   Logan        38800   Logan        43100   Logan        46550
Mesa         30200   Mesa         34500   Mesa         38800   Mesa         43100   Mesa         46550
Mineral      31450   Mineral      35900   Mineral      40400   Mineral      44900   Mineral      48500
Moffat       30200   Moffat       34500   Moffat       38800   Moffat       43100   Moffat       46550
Montezuma    30200   Montezuma    34500   Montezuma    38800   Montezuma    43100   Montezuma    46550
Montrose     30200   Montrose     34500   Montrose     38800   Montrose     43100   Montrose     46550
Morgan       30200   Morgan       34500   Morgan       38800   Morgan       43100   Morgan       46550
Otero        30200   Otero        34500   Otero        38800   Otero        43100   Otero        46550
Ouray        33800   Ouray        38600   Ouray        43450   Ouray        48250   Ouray        52100
Park         40150   Park         45900   Park         51600   Park         57350   Park         61950
Phillips     30200   Phillips     34500   Phillips     38800   Phillips     43100   Phillips     46550
Pitkin       42750   Pitkin       48900   Pitkin       55000   Pitkin       61100   Pitkin       66000
Prowers      30200   Prowers      34500   Prowers      38800   Prowers      43100   Prowers      46550
Pueblo       30200   Pueblo       34500   Pueblo       38800   Pueblo       43100   Pueblo       46550
Rio Blanco   30250   Rio Blanco   34550   Rio Blanco   38900   Rio Blanco   43200   Rio Blanco   46650
Rio Grande   30200   Rio Grande   34500   Rio Grande   38800   Rio Grande   43100   Rio Grande   46550
Routt        41250   Routt        47100   Routt        53000   Routt        58900   Routt        63600
Saguache     30200   Saguache     34500   Saguache     38800   Saguache     43100   Saguache     46550
San Juan     30200   San Juan     34500   San Juan     38800   San Juan     43100   San Juan     46550
San Miguel   40150   San Miguel   45900   San Miguel   51600   San Miguel   57350   San Miguel   61950
Sedgwick     30200   Sedgwick     34500   Sedgwick     38800   Sedgwick     43100   Sedgwick     46550
Summit       41700   Summit       47700   Summit       53650   Summit       59600   Summit       64350
Teller       38100   Teller       43500   Teller       48950   Teller       54400   Teller       58750
Washington   30200   Washington   34500   Washington   38800   Washington   43100   Washington   46550
Weld         33500   Weld         38300   Weld         43050   Weld         47850   Weld         51700
Yuma         30200   Yuma         34500   Yuma         38800   Yuma         43100   Yuma         46550


Adams        15050 Adams          17200 Adams          19350 Adams          21500 Adams          23250
Alamosa      11300 Alamosa        12950 Alamosa        14550 Alamosa        16150 Alamosa        17450
Arapahoe      15050   Arapahoe      17200   Arapahoe      19350   Arapahoe      21500   Arapahoe      23250
Archuleta     11300   Archuleta     12950   Archuleta     14550   Archuleta     16150   Archuleta     17450
Baca          11300   Baca          12950   Baca          14550   Baca          16150   Baca          17450
Bent          11300   Bent          12950   Bent          14550   Bent          16150   Bent          17450
Boulder       18250   Boulder       20900   Boulder       23500   Boulder       26100   Boulder       28200
Broomfield    15050   Broomfield    17200   Broomfield    19350   Broomfield    21500   Broomfield    23250
Chafee        11300   Chafee        12950   Chafee        14550   Chafee        16150   Chafee        17450
Cheyenne      11300   Cheyenne      12950   Cheyenne      14550   Cheyenne      16150   Cheyenne      17450
Clear Creek   15050   Clear Creek   17200   Clear Creek   19350   Clear Creek   21500   Clear Creek   23250
Conejos       11300   Conejos       12950   Conejos       14550   Conejos       16150   Conejos       17450
Costilla      11300   Costilla      12950   Costilla      14550   Costilla      16150   Costilla      17450
Crowley       11300   Crowley       12950   Crowley       14550   Crowley       16150   Crowley       17450
Custer        11300   Custer        12950   Custer        14550   Custer        16150   Custer        17450
Delta         11300   Delta         12950   Delta         14550   Delta         16150   Delta         17450
Denver        15050   Denver        17200   Denver        19350   Denver        21500   Denver        23250
Dolores       11300   Dolores       12950   Dolores       14550   Dolores       16150   Dolores       17450
Douglas       15050   Douglas       17200   Douglas       19350   Douglas       21500   Douglas       23250
Eagle         17050   Eagle         19500   Eagle         21900   Eagle         24350   Eagle         26300
El Paso       13750   El Paso       15700   El Paso       17700   El Paso       19650   El Paso       21200
Elbert        15050   Elbert        17200   Elbert        19350   Elbert        21500   Elbert        23250
Fremont       11300   Fremont       12950   Fremont       14550   Fremont       16150   Fremont       17450
Garfield      13450   Garfield      15350   Garfield      17300   Garfield      19200   Garfield      20750
Gilpin        15050   Gilpin        17200   Gilpin        19350   Gilpin        21500   Gilpin        23250
Grand         13850   Grand         15800   Grand         17800   Grand         19750   Grand         21350
Gunnison      13050   Gunnison      14900   Gunnison      16800   Gunnison      18650   Gunnison      20150
Hinsdale      11800   Hinsdale      13500   Hinsdale      15150   Hinsdale      16850   Hinsdale      18200
Huerfano      11300   Huerfano      12950   Huerfano      14550   Huerfano      16150   Huerfano      17450
Jackson       11300   Jackson       12950   Jackson       14550   Jackson       16150   Jackson       17450
Jefferson     15050   Jefferson     17200   Jefferson     19350   Jefferson     21500   Jefferson     23250
Kiowa         11300   Kiowa         12950   Kiowa         14550   Kiowa         16150   Kiowa         17450
Kit Carson    11300   Kit Carson    12950   Kit Carson    14550   Kit Carson    16150   Kit Carson    17450
La Plata      12750   La Plata      14550   La Plata      16400   La Plata      18200   La Plata      19650
Lake          11800   Lake          13500   Lake          15150   Lake          16850   Lake          18200
Larimer       14550   Larimer       16600   Larimer       18700   Larimer       20750   Larimer       22400
Las Animas    11300   Las Animas    12950   Las Animas    14550   Las Animas    16150   Las Animas    17450
Lincoln       11300   Lincoln       12950   Lincoln       14550   Lincoln       16150   Lincoln       17450
Logan         11300   Logan         12950   Logan         14550   Logan         16150   Logan         17450
Mesa          11300   Mesa          12950   Mesa          14550   Mesa          16150   Mesa          17450
Mineral             11800   Mineral         13500    Mineral           15150    Mineral      16850   Mineral      18200
Moffat              11300   Moffat          12950    Moffat            14550    Moffat       16150   Moffat       17450
Montezuma           11300   Montezuma       12950    Montezuma         14550    Montezuma    16150   Montezuma    17450
Montrose            11300   Montrose        12950    Montrose          14550    Montrose     16150   Montrose     17450
Morgan              11300   Morgan          12950    Morgan            14550    Morgan       16150   Morgan       17450
Otero               11300   Otero           12950    Otero             14550    Otero        16150   Otero        17450
Ouray               12650   Ouray           14500    Ouray             16300    Ouray        18100   Ouray        19550
Park                15050   Park            17200    Park              19350    Park         21500   Park         23250
Phillips            11300   Phillips        12950    Phillips          14550    Phillips     16150   Phillips     17450
Pitkin              20500   Pitkin          23400    Pitkin            26350    Pitkin       29300   Pitkin       31650
Prowers             11300   Prowers         12950    Prowers           14550    Prowers      16150   Prowers      17450
Pueblo              11300   Pueblo          12950    Pueblo            14550    Pueblo       16150   Pueblo       17450
Rio Blanco          11350   Rio Blanco      12950    Rio Blanco        14600    Rio Blanco   16200   Rio Blanco   17500
Rio Grande          11300   Rio Grande      12950    Rio Grande        14550    Rio Grande   16150   Rio Grande   17450
Routt               15450   Routt           17700    Routt             19900    Routt        22100   Routt        23850
Saguache            11300   Saguache        12950    Saguache          14550    Saguache     16150   Saguache     17450
San Juan            11300   San Juan        12950    San Juan          14550    San Juan     15500   San Juan     17450
San Miguel          15050   San Miguel      17200    San Miguel        19350    San Miguel   21500   San Miguel   23200
Sedgwick            11300   Sedgwick        12950    Sedgwick          14550    Sedgwick     16150   Sedgwick     17450
Summit              16550   Summit          18900    Summit            21300    Summit       23650   Summit       25550
Teller              14300   Teller          16300    Teller            18350    Teller       20400   Teller       22050
Washington          11300   Washington      12950    Washington        14550    Washington   16150   Washington   17450
Weld                12550   Weld            14350    Weld              16150    Weld         17950   Weld         19400
Yuma                11300   Yuma            12950    Yuma              14550    Yuma         16150   Yuma         17450


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            20
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
Elevator      Non-Elevator
     115,704.00    107,117.00
     132,642.00    121,587.00
     161,285.00    146,967.00
     208,648.00    184,469.00
     229,034.00    209,033.00
Adams          83100   Adams
Alamosa        62500   Alamosa
Arapahoe       83100   Arapahoe
Archuleta      62500   Archuleta
Baca           62500   Baca
Bent           62500   Bent
Boulder       100900   Boulder
Broomfield     83100   Broomfield
Chafee         62500   Chafee
Cheyenne       62500   Cheyenne
Clear Creek    83100   Clear Creek
Conejos        62500   Conejos
Costilla       62500   Costilla
Crowley        62500   Crowley
Custer         62500   Custer
Delta          62500   Delta
Denver         83100   Denver
Dolores        62500   Dolores
Douglas        83100   Douglas
Eagle         94100   Eagle
El Paso       76000   El Paso
Elbert        83100   Elbert
Fremont       62500   Fremont
Garfield      74200   Garfield
Gilpin        83100   Gilpin
Grand         76400   Grand
Gunnison      72200   Gunnison
Hinsdale      65100   Hinsdale
Huerfano      62500   Huerfano
Jackson       62500   Jackson
Jefferson     83100   Jefferson
Kiowa         62500   Kiowa
Kit Carson    62500   Kit Carson
La Plata      70300   La Plata
Lake          65100   Lake
Larimer       80300   Larimer
Las Animas    62500   Las Animas
Lincoln       62500   Lincoln
Logan         62500   Logan
Mesa          62500   Mesa
Mineral       65100   Mineral
Moffat        62500   Moffat
Montezuma     62500   Montezuma
Montrose      62500   Montrose
Morgan        62500   Morgan
Otero         62500   Otero
Ouray         69900   Ouray
Park          83100   Park
Phillips      62500   Phillips
Pitkin       113200   Pitkin
Prowers       62500   Prowers
Pueblo        62500   Pueblo
Rio Blanco    62600   Rio Blanco
Rio Grande    62500   Rio Grande
Routt         85400   Routt
Saguache      62500   Saguache
San Juan      62500   San Juan
San Miguel    83200   San Miguel
Sedgwick      62500   Sedgwick
Summit        91400   Summit
Teller        78900   Teller
Washington    62500   Washington
Weld          69400   Weld
Yuma          62500   Yuma

Adams         66550   Adams
Alamosa       50000   Alamosa
Arapahoe      66550   Arapahoe
Archuleta     50000   Archuleta
Baca          50000   Baca
Bent          50000   Bent
Boulder       67300   Boulder
Broomfield    66550   Broomfield
Chafee        50000   Chafee
Cheyenne      50000   Cheyenne
Clear Creek   66550   Clear Creek
Conejos       50000   Conejos
Costilla      50000   Costilla
Crowley       50000   Crowley
Custer        50000   Custer
Delta         50000   Delta
Denver        66550   Denver
Dolores       50000   Dolores
Douglas       66550   Douglas
Eagle         69450   Eagle
El Paso       60800   El Paso
Elbert        66550   Elbert
Fremont       50000   Fremont
Garfield      59400   Garfield
Gilpin        66550   Gilpin
Grand         61150   Grand
Gunnison      57700   Gunnison
Hinsdale      52100   Hinsdale
Huerfano      50000   Huerfano
Jackson       50000   Jackson
Jefferson    66550   Jefferson
Kiowa        50000   Kiowa
Kit Carson   50000   Kit Carson
La Plata     56250   La Plata
Lake         52100   Lake
Larimer      64200   Larimer
Las Animas   50000   Las Animas
Lincoln      50000   Lincoln
Logan        50000   Logan
Mesa         50000   Mesa
Mineral      52100   Mineral
Moffat       50000   Moffat
Montezuma    50000   Montezuma
Montrose     50000   Montrose
Morgan       50000   Morgan
Otero        50000   Otero
Ouray        55950   Ouray
Park         66550   Park
Phillips     50000   Phillips
Pitkin       70900   Pitkin
Prowers      50000   Prowers
Pueblo       50000   Pueblo
Rio Blanco   50100   Rio Blanco
Rio Grande   50000   Rio Grande
Routt        68300   Routt
Saguache     50000   Saguache
San Juan     50000   San Juan
San Miguel   66550   San Miguel
Sedgwick     50000   Sedgwick
Summit       69150   Summit
Teller       63100   Teller
Washington   50000   Washington
Weld         55500   Weld
Yuma         50000   Yuma


Adams        24950 Adams
Alamosa      18750 Alamosa
Arapahoe      24950   Arapahoe
Archuleta     18750   Archuleta
Baca          18750   Baca
Bent          18750   Bent
Boulder       30300   Boulder
Broomfield    24950   Broomfield
Chafee        18750   Chafee
Cheyenne      18750   Cheyenne
Clear Creek   24950   Clear Creek
Conejos       18750   Conejos
Costilla      18750   Costilla
Crowley       18750   Crowley
Custer        18750   Custer
Delta         18750   Delta
Denver        24950   Denver
Dolores       18750   Dolores
Douglas       24950   Douglas
Eagle         28250   Eagle
El Paso       22800   El Paso
Elbert        24950   Elbert
Fremont       18750   Fremont
Garfield      22250   Garfield
Gilpin        24950   Gilpin
Grand         22900   Grand
Gunnison      21650   Gunnison
Hinsdale      19550   Hinsdale
Huerfano      18750   Huerfano
Jackson       18750   Jackson
Jefferson     24950   Jefferson
Kiowa         18750   Kiowa
Kit Carson    18750   Kit Carson
La Plata      21100   La Plata
Lake          19550   Lake
Larimer       24100   Larimer
Las Animas    18750   Las Animas
Lincoln       18750   Lincoln
Logan         18750   Logan
Mesa          18750   Mesa
Mineral      19550   Mineral
Moffat       18750   Moffat
Montezuma    18750   Montezuma
Montrose     18750   Montrose
Morgan       18750   Morgan
Otero        18750   Otero
Ouray        21000   Ouray
Park         24950   Park
Phillips     18750   Phillips
Pitkin       34000   Pitkin
Prowers      18750   Prowers
Pueblo       18750   Pueblo
Rio Blanco   18800   Rio Blanco
Rio Grande   18750   Rio Grande
Routt        25650   Routt
Saguache     18750   Saguache
San Juan     18750   San Juan
San Miguel   24950   San Miguel
Sedgwick     18750   Sedgwick
Summit       27450   Summit
Teller       23650   Teller
Washington   18750   Washington
Weld         20800   Weld
Yuma         18750   Yuma
County:    Denver
  Tract:    0.00
 QCT ?       No
 DDA ?       No           No       No       No       No
      8             0          0       0          0       0              0            8          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
          Chaffee
          Custer
          Dolores
          Eagle
          Garfield
          Gunnison
          Hinsdale
          Jackson
          La Plata
          Lake
          Mineral
          Montrose
          Ouray
          Pitkin
          Rio Blanco
          Routt
          San Juan
          San Miguel
          Summit
LOW-INCOME HOUSING TAX CREDITS 2007 QUALIFIED CENSUS TRACTS
Effective Date: January 1, 2007

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
2007 DIFFICULT DEVELOPMENT AREAS
Effective Date January 1, 2007

(All of the following counties)


Archuleta     Lake
Chaffee       Mineral
Custer        Montrose
Dolores       Ouray
Eagle         Pitkin
Garfield      Rio Blanco
Gunnison      Routt
Hinsdale      San Juan
Jackson       San Miguel
La Plata      Summit
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: March 23, 2007

County Area Median Income
Pitkin         $89,300
Boulder        $82,500
Eagle          $81,100
Summit         $78,800
Routt          $73,600
San Miguel     $71,700
Adams          $71,400
Arapahoe       $71,400
Broomfield     $71,400
Clear Creek    $71,400
Denver         $71,400
Douglas        $71,400
Elbert         $71,400
Gilpin         $71,400
Jefferson      $71,400
Park           $71,400
Larimer        $68,200
Teller         $68,000
Grand          $65,900
El Paso        $65,500
Garfield       $64,000
Gunnison       $62,200
La Plata       $60,600
Weld           $59,800
Ouray          $59,500
Rio Blanco     $54,000
Moffat         $53,600
Chaffee        $52,900
Cheyenne       $52,900
Archuleta      $51,500
Hinsdale       $50,000
Logan          $50,000
Mesa           $49,800
Fremont        $49,900
Kit Carson     $49,400
Lake           $49,000
Pueblo         $48,600
Montrose       $48,500
Custer         $48,300
Mineral        $47,700
San Juan       $47,200
Yuma           $47,000
Lincoln        $46,700
Morgan       $46,000
Alamosa      $45,300
Phillips     $45,100
Montezuma    $45,000
Delta        $44,800
Dolores      $44,000
Washington   $43,900
Jackson      $43,700
Rio Grande   $43,200
Otero        $42,100
Kiowa        $41,000
Las Animas   $40,700
Prowers      $40,400
Sedgwick     $40,200
Baca         $40,100
Bent         $39,500
Huerfano     $38,600
Crowley      $38,200
Saguache     $34,800
Conejos      $34,500
Costilla     $30,400
               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            127,524              118,060
      1            146,192              134,008
      2            177,762              161,981
      3            229,963              203,314
      4            252,432              230,388


Zone II

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            129,158              119,572
      1            148,065              135,725
      2            180,039              164,056
      3            232,909              205,919
      4            255,666              233,339


Zone III

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            115,704              107,117
      1            132,642              121,587
      2            161,285              146,967
      3            208,648              184,469
      4            229,034              209,033
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 2007

                     Note: These Limits Are Used for Low-Income Housing Tax Credit
                                  and CHFA Rental Programs Only                                                                                                            HUD Release Date: March 20, 2007
                                  They Do Not Represent HUD Area Median Incomes


                                              MAXIMUM RENTS                                                                INCOME LIMIT S
    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%              $1,506         $1,612        $1,935        $2,236      $2,493      $60,240      $68,760      $77,400      $86,040      $92,880        $99,720     $106,560     $113,520
                        100%              $1,255         $1,343        $1,612        $1,863      $2,077      $50,200      $57,300      $64,500      $71,700      $77,400        $83,100      $88,800      $94,600
             Adams       80%              $1,003         $1,075        $1,290        $1,491      $1,663      $40,150      $45,900      $51,600      $57,350      $61,950        $66,550      $71,150      $75,700
                         65%                $815          $873         $1,048        $1,211      $1,350      $32,630      $37,245      $41,925      $46,605      $50,310        $54,015      $57,720      $61,490
                         60%                $753          $806           $967        $1,118      $1,246      $30,120      $34,380      $38,700      $43,020      $46,440        $49,860      $53,280      $56,760
                         55%                $690          $739           $886        $1,025      $1,142      $27,610      $31,515      $35,475      $39,435      $42,570        $45,705      $48,840      $52,030
                         50%                $627          $671           $806         $931       $1,038      $25,100      $28,650      $32,250      $35,850      $38,700        $41,550      $44,400      $47,300
                         45%                $564          $604           $725         $838        $934       $22,590      $25,785      $29,025      $32,265      $34,830        $37,395      $39,960      $42,570
                         40%                $502          $537           $645         $745        $831       $20,080      $22,920      $25,800      $28,680      $30,960        $33,240      $35,520      $37,840
                         30%                $376          $403           $483         $559        $623       $15,050      $17,200      $19,350      $21,500      $23,250        $24,950      $26,650      $28,400
                        120%              $1,506         $1,612        $1,935        $2,236      $2,493      $60,240      $68,760      $77,400      $86,040      $92,880        $99,720     $106,560     $113,520
                        100%              $1,255         $1,343        $1,612        $1,863      $2,077      $50,200      $57,300      $64,500      $71,700      $77,400        $83,100      $88,800      $94,600
        Arapahoe         80%              $1,003         $1,075        $1,290        $1,491      $1,663      $40,150      $45,900      $51,600      $57,350      $61,950        $66,550      $71,150      $75,700
                         65%                $815          $873         $1,048        $1,211      $1,350      $32,630      $37,245      $41,925      $46,605      $50,310        $54,015      $57,720      $61,490
                         60%                $753          $806           $967        $1,118      $1,246      $30,120      $34,380      $38,700      $43,020      $46,440        $49,860      $53,280      $56,760
                         55%                $690          $739           $886        $1,025      $1,142      $27,610      $31,515      $35,475      $39,435      $42,570        $45,705      $48,840      $52,030
                         50%                $627          $671           $806         $931       $1,038      $25,100      $28,650      $32,250      $35,850      $38,700        $41,550      $44,400      $47,300
                         45%                $564          $604           $725         $838        $934       $22,590      $25,785      $29,025      $32,265      $34,830        $37,395      $39,960      $42,570
                         40%                $502          $537           $645         $745        $831       $20,080      $22,920      $25,800      $28,680      $30,960        $33,240      $35,520      $37,840
                         30%                $376          $403           $483         $559        $623       $15,050      $17,200      $19,350      $21,500      $23,250        $24,950      $26,650      $28,400
              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%    $1,042   $1,117   $1,341   $1,549   $1,728   $41,700   $47,700   $53,650    $59,600    $64,350    $69,150    $73,900    $78,650
              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%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400    $86,040    $92,880    $99,720   $106,560   $113,520
              100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500    $71,700    $77,400    $83,100    $88,800    $94,600
Broomfield    80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600    $57,350    $61,950    $66,550    $71,150    $75,700
              65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925    $46,605    $50,310    $54,015    $57,720    $61,490
              60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700    $43,020    $46,440    $49,860    $53,280    $56,760
              55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475    $39,435    $42,570    $45,705    $48,840    $52,030
              50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250    $35,850    $38,700    $41,550    $44,400    $47,300
              45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025    $32,265    $34,830    $37,395    $39,960    $42,570
              40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800    $28,680    $30,960    $33,240    $35,520    $37,840
              30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350    $21,500    $23,250    $24,950    $26,650    $28,400
              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
  Cheyenne    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%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400    $86,040    $92,880    $99,720   $106,560   $113,520
              100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500    $71,700    $77,400    $83,100    $88,800    $94,600
Clear Creek   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600    $57,350    $61,950    $66,550    $71,150    $75,700
              65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925    $46,605    $50,310    $54,015    $57,720    $61,490
              60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700    $43,020    $46,440    $49,860    $53,280    $56,760
              55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475    $39,435    $42,570    $45,705    $48,840    $52,030
              50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250    $35,850    $38,700    $41,550    $44,400    $47,300
          45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265    $34,830    $37,395    $39,960    $42,570
          40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680    $30,960    $33,240    $35,520    $37,840
          30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500    $23,250    $24,950    $26,650    $28,400
          120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400   $86,040    $92,880    $99,720   $106,560   $113,520
          100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500   $71,700    $77,400    $83,100    $88,800    $94,600
Denver    80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350    $61,950    $66,550    $71,150    $75,700
          65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925   $46,605    $50,310    $54,015    $57,720    $61,490
          60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700   $43,020    $46,440    $49,860    $53,280    $56,760
          55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475   $39,435    $42,570    $45,705    $48,840    $52,030
          50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250   $35,850    $38,700    $41,550    $44,400    $47,300
          45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265    $34,830    $37,395    $39,960    $42,570
          40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680    $30,960    $33,240    $35,520    $37,840
          30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500    $23,250    $24,950    $26,650    $28,400
          120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400   $86,040    $92,880    $99,720   $106,560   $113,520
          100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500   $71,700    $77,400    $83,100    $88,800    $94,600
Douglas   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350    $61,950    $66,550    $71,150    $75,700
          65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925   $46,605    $50,310    $54,015    $57,720    $61,490
          60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700   $43,020    $46,440    $49,860    $53,280    $56,760
          55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475   $39,435    $42,570    $45,705    $48,840    $52,030
          50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250   $35,850    $38,700    $41,550    $44,400    $47,300
          45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265    $34,830    $37,395    $39,960    $42,570
          40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680    $30,960    $33,240    $35,520    $37,840
          30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500    $23,250    $24,950    $26,650    $28,400
          120%   $1,704   $1,825   $2,190   $2,530   $2,823   $68,160   $77,880   $87,600   $97,320   $105,120   $112,920   $120,720   $128,520
          100%   $1,420   $1,521   $1,825   $2,108   $2,352   $56,800   $64,900   $73,000   $81,100    $87,600    $94,100   $100,600   $107,100
  Eagle   80%    $1,047   $1,122   $1,346   $1,556   $1,736   $41,900   $47,900   $53,850   $59,850    $64,650    $69,450    $74,200    $79,000
          65%     $923     $988    $1,186   $1,370   $1,529   $36,920   $42,185   $47,450   $52,715    $56,940    $61,165    $65,390    $69,615
          60%     $852     $912    $1,095   $1,265   $1,411   $34,080   $38,940   $43,800   $48,660    $52,560    $56,460    $60,360    $64,260
          55%     $781     $836    $1,003   $1,159   $1,293   $31,240   $35,695   $40,150   $44,605    $48,180    $51,755    $55,330    $58,905
          50%     $710     $760     $912    $1,054   $1,176   $28,400   $32,450   $36,500   $40,550    $43,800    $47,050    $50,300    $53,550
          45%     $639     $684     $821     $948    $1,058   $25,560   $29,205   $32,850   $36,495    $39,420    $42,345    $45,270    $48,195
          40%     $568     $608     $730     $843     $941    $22,720   $25,960   $29,200   $32,440    $35,040    $37,640    $40,240    $42,840
          30%     $426     $456     $547     $633     $706    $17,050   $19,500   $21,900   $24,350    $26,300    $28,250    $30,200    $32,150
          120%   $1,377   $1,474   $1,770   $2,043   $2,280   $55,080   $62,880   $70,800   $78,600    $84,840    $91,200    $97,440   $103,800
          100%   $1,147   $1,228   $1,475   $1,702   $1,900   $45,900   $52,400   $59,000   $65,500    $70,700    $76,000    $81,200    $86,500
El Paso   80%     $917     $982    $1,178   $1,362   $1,520   $36,700   $41,900   $47,150   $52,400    $56,600    $60,800    $65,000    $69,150
          65%     $745     $798     $958    $1,106   $1,235   $29,835   $34,060   $38,350   $42,575    $45,955    $49,400    $52,780    $56,225
           60%     $688     $737     $885    $1,021   $1,140   $27,540   $31,440   $35,400   $39,300   $42,420   $45,600    $48,720    $51,900
           55%     $631     $675     $811     $936    $1,045   $25,245   $28,820   $32,450   $36,025   $38,885   $41,800    $44,660    $47,575
           50%     $573     $614     $737     $851     $950    $22,950   $26,200   $29,500   $32,750   $35,350   $38,000    $40,600    $43,250
           45%     $516     $552     $663     $766     $855    $20,655   $23,580   $26,550   $29,475   $31,815   $34,200    $36,540    $38,925
           40%     $459     $491     $590     $681     $760    $18,360   $20,960   $23,600   $26,200   $28,280   $30,400    $32,480    $34,600
           30%     $343     $368     $442     $510     $570    $13,750   $15,700   $17,700   $19,650   $21,200   $22,800    $24,350    $25,950
           120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400   $86,040   $92,880   $99,720   $106,560   $113,520
           100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500   $71,700   $77,400   $83,100    $88,800    $94,600
  Elbert   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350   $61,950   $66,550    $71,150    $75,700
           65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925   $46,605   $50,310   $54,015    $57,720    $61,490
           60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700   $43,020   $46,440   $49,860    $53,280    $56,760
           55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475   $39,435   $42,570   $45,705    $48,840    $52,030
           50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250   $35,850   $38,700   $41,550    $44,400    $47,300
           45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265   $34,830   $37,395    $39,960    $42,570
           40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680   $30,960   $33,240    $35,520    $37,840
           30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500   $23,250   $24,950    $26,650    $28,400
           120%   $1,344   $1,440   $1,728   $1,996   $2,226   $53,760   $61,440   $69,120   $76,800   $82,920   $89,040    $95,280   $101,400
           100%   $1,120   $1,200   $1,440   $1,663   $1,855   $44,800   $51,200   $57,600   $64,000   $69,100   $74,200    $79,400    $84,500
Garfield   80%     $896     $960    $1,152   $1,331   $1,485   $35,850   $40,950   $46,100   $51,200   $55,300   $59,400    $63,500    $67,600
           65%     $728     $780     $936    $1,081   $1,205   $29,120   $33,280   $37,440   $41,600   $44,915   $48,230    $51,610    $54,925
           60%     $672     $720     $864     $998    $1,113   $26,880   $30,720   $34,560   $38,400   $41,460   $44,520    $47,640    $50,700
           55%     $616     $660     $792     $915    $1,020   $24,640   $28,160   $31,680   $35,200   $38,005   $40,810    $43,670    $46,475
           50%     $560     $600     $720     $831     $927    $22,400   $25,600   $28,800   $32,000   $34,550   $37,100    $39,700    $42,250
           45%     $504     $540     $648     $748     $834    $20,160   $23,040   $25,920   $28,800   $31,095   $33,390    $35,730    $38,025
           40%     $448     $480     $576     $665     $742    $17,920   $20,480   $23,040   $25,600   $27,640   $29,680    $31,760    $33,800
           30%     $336     $360     $432     $499     $556    $13,450   $15,350   $17,300   $19,200   $20,750   $22,250    $23,800    $25,350
           120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400   $86,040   $92,880   $99,720   $106,560   $113,520
           100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500   $71,700   $77,400   $83,100    $88,800    $94,600
  Gilpin   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350   $61,950   $66,550    $71,150    $75,700
           65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925   $46,605   $50,310   $54,015    $57,720    $61,490
           60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700   $43,020   $46,440   $49,860    $53,280    $56,760
           55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475   $39,435   $42,570   $45,705    $48,840    $52,030
           50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250   $35,850   $38,700   $41,550    $44,400    $47,300
           45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265   $34,830   $37,395    $39,960    $42,570
           40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680   $30,960   $33,240    $35,520    $37,840
           30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500   $23,250   $24,950    $26,650    $28,400
           120%   $1,383   $1,482   $1,779   $2,056   $2,292   $55,320   $63,240   $71,160   $79,080   $85,440   $91,680    $98,040   $104,400
            100%   $1,152   $1,235   $1,482   $1,713   $1,910   $46,100   $52,700   $59,300   $65,900   $71,200   $76,400    $81,700    $87,000
  Grand     80%     $922     $988    $1,186   $1,370   $1,528   $36,900   $42,150   $47,450   $52,700   $56,900   $61,150    $65,350    $69,550
            65%     $749     $802     $963    $1,113   $1,241   $29,965   $34,255   $38,545   $42,835   $46,280   $49,660    $53,105    $56,550
            60%     $691     $741     $889    $1,028   $1,146   $27,660   $31,620   $35,580   $39,540   $42,720   $45,840    $49,020    $52,200
            55%     $633     $679     $815     $942    $1,050   $25,355   $28,985   $32,615   $36,245   $39,160   $42,020    $44,935    $47,850
            50%     $576     $617     $741     $856     $955    $23,050   $26,350   $29,650   $32,950   $35,600   $38,200    $40,850    $43,500
            45%     $518     $555     $667     $771     $859    $20,745   $23,715   $26,685   $29,655   $32,040   $34,380    $36,765    $39,150
            40%     $461     $494     $593     $685     $764    $18,440   $21,080   $23,720   $26,360   $28,480   $30,560    $32,680    $34,800
            30%     $346     $370     $445     $513     $572    $13,850   $15,800   $17,800   $19,750   $21,350   $22,900    $24,500    $26,050
            120%   $1,305   $1,399   $1,680   $1,941   $2,166   $52,200   $59,760   $67,200   $74,640   $80,640   $86,640    $92,520    $98,520
            100%   $1,087   $1,166   $1,400   $1,617   $1,805   $43,500   $49,800   $56,000   $62,200   $67,200   $72,200    $77,100    $82,100
Gunnison    80%     $871     $933    $1,120   $1,293   $1,442   $34,850   $39,800   $44,800   $49,750   $53,750   $57,700    $61,700    $65,650
            65%     $706     $758     $910    $1,051   $1,173   $28,275   $32,370   $36,400   $40,430   $43,680   $46,930    $50,115    $53,365
            60%     $652     $699     $840     $970    $1,083   $26,100   $29,880   $33,600   $37,320   $40,320   $43,320    $46,260    $49,260
            55%     $598     $641     $770     $889     $992    $23,925   $27,390   $30,800   $34,210   $36,960   $39,710    $42,405    $45,155
            50%     $543     $583     $700     $808     $902    $21,750   $24,900   $28,000   $31,100   $33,600   $36,100    $38,550    $41,050
            45%     $489     $524     $630     $727     $812    $19,575   $22,410   $25,200   $27,990   $30,240   $32,490    $34,695    $36,945
            40%     $435     $466     $560     $647     $722    $17,400   $19,920   $22,400   $24,880   $26,880   $28,880    $30,840    $32,840
            30%     $326     $349     $420     $485     $541    $13,050   $14,900   $16,800   $18,650   $20,150   $21,650    $23,150    $24,600
            120%   $1,179   $1,263   $1,515   $1,750   $1,953   $47,160   $53,880   $60,600   $67,320   $72,720   $78,120    $83,520    $88,920
            100%    $982    $1,052   $1,262   $1,458   $1,627   $39,300   $44,900   $50,500   $56,100   $60,600   $65,100    $69,600    $74,100
Hinsdale    80%     $786     $841    $1,010   $1,167   $1,302   $31,450   $35,900   $40,400   $44,900   $48,500   $52,100    $55,700    $59,250
            65%     $638     $684     $820     $948    $1,057   $25,545   $29,185   $32,825   $36,465   $39,390   $42,315    $45,240    $48,165
            60%     $589     $631     $757     $875     $976    $23,580   $26,940   $30,300   $33,660   $36,360   $39,060    $41,760    $44,460
            55%     $540     $578     $694     $802     $895    $21,615   $24,695   $27,775   $30,855   $33,330   $35,805    $38,280    $40,755
            50%     $491     $526     $631     $729     $813    $19,650   $22,450   $25,250   $28,050   $30,300   $32,550    $34,800    $37,050
            45%     $442     $473     $568     $656     $732    $17,685   $20,205   $22,725   $25,245   $27,270   $29,295    $31,320    $33,345
            40%     $393     $421     $505     $583     $651    $15,720   $17,960   $20,200   $22,440   $24,240   $26,040    $27,840    $29,640
            30%     $295     $316     $378     $438     $488    $11,800   $13,500   $15,150   $16,850   $18,200   $19,550    $20,900    $22,250
            120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760   $77,400   $86,040   $92,880   $99,720   $106,560   $113,520
            100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300   $64,500   $71,700   $77,400   $83,100    $88,800    $94,600
Jefferson   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350   $61,950   $66,550    $71,150    $75,700
            65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245   $41,925   $46,605   $50,310   $54,015    $57,720    $61,490
            60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380   $38,700   $43,020   $46,440   $49,860    $53,280    $56,760
            55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515   $35,475   $39,435   $42,570   $45,705    $48,840    $52,030
            50%     $627     $671     $806     $931    $1,038   $25,100   $28,650   $32,250   $35,850   $38,700   $41,550    $44,400    $47,300
            45%     $564     $604     $725     $838     $934    $22,590   $25,785   $29,025   $32,265   $34,830   $37,395    $39,960    $42,570
           40%     $502     $537     $645     $745     $831    $20,080   $22,920   $25,800   $28,680   $30,960   $33,240    $35,520    $37,840
           30%     $376     $403     $483     $559     $623    $15,050   $17,200   $19,350   $21,500   $23,250   $24,950    $26,650    $28,400
           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%   $1,272   $1,363   $1,635   $1,890   $2,109   $50,880   $58,200   $65,400   $72,720   $78,480   $84,360    $90,120    $96,000
           100%   $1,060   $1,136   $1,362   $1,575   $1,757   $42,400   $48,500   $54,500   $60,600   $65,400   $70,300    $75,100    $80,000
La Plata   80%     $848     $909    $1,091   $1,261   $1,406   $33,950   $38,800   $43,650   $48,500   $52,400   $56,250    $60,150    $64,000
           65%     $689     $738     $885    $1,023   $1,142   $27,560   $31,525   $35,425   $39,390   $42,510   $45,695    $48,815    $52,000
           60%     $636     $681     $817     $945    $1,054   $25,440   $29,100   $32,700   $36,360   $39,240   $42,180    $45,060    $48,000
           55%     $583     $624     $749     $866     $966    $23,320   $26,675   $29,975   $33,330   $35,970   $38,665    $41,305    $44,000
           50%     $530     $568     $681     $787     $878    $21,200   $24,250   $27,250   $30,300   $32,700   $35,150    $37,550    $40,000
           45%     $477     $511     $613     $708     $790    $19,080   $21,825   $24,525   $27,270   $29,430   $31,635    $33,795    $36,000
           40%     $424     $454     $545     $630     $703    $16,960   $19,400   $21,800   $24,240   $26,160   $28,120    $30,040    $32,000
           30%     $318     $341     $410     $473     $527    $12,750   $14,550   $16,400   $18,200   $19,650   $21,100    $22,550    $24,000
           120%   $1,179   $1,263   $1,515   $1,750   $1,953   $47,160   $53,880   $60,600   $67,320   $72,720   $78,120    $83,520    $88,920
           100%    $982    $1,052   $1,262   $1,458   $1,627   $39,300   $44,900   $50,500   $56,100   $60,600   $65,100    $69,600    $74,100
   Lake    80%     $786     $841    $1,010   $1,167   $1,302   $31,450   $35,900   $40,400   $44,900   $48,500   $52,100    $55,700    $59,250
           65%     $638     $684     $820     $948    $1,057   $25,545   $29,185   $32,825   $36,465   $39,390   $42,315    $45,240    $48,165
           60%     $589     $631     $757     $875     $976    $23,580   $26,940   $30,300   $33,660   $36,360   $39,060    $41,760    $44,460
           55%     $540     $578     $694     $802     $895    $21,615   $24,695   $27,775   $30,855   $33,330   $35,805    $38,280    $40,755
           50%     $491     $526     $631     $729     $813    $19,650   $22,450   $25,250   $28,050   $30,300   $32,550    $34,800    $37,050
           45%     $442     $473     $568     $656     $732    $17,685   $20,205   $22,725   $25,245   $27,270   $29,295    $31,320    $33,345
           40%     $393     $421     $505     $583     $651    $15,720   $17,960   $20,200   $22,440   $24,240   $26,040    $27,840    $29,640
           30%     $295     $316     $378     $438     $488    $11,800   $13,500   $15,150   $16,850   $18,200   $19,550    $20,900    $22,250
           120%   $1,452   $1,557   $1,869   $2,158   $2,409   $58,080   $66,480   $74,760   $83,040   $89,640   $96,360   $102,960   $109,560
           100%   $1,210   $1,297   $1,557   $1,798   $2,007   $48,400   $55,400   $62,300   $69,200   $74,700   $80,300    $85,800    $91,300
Larimer    80%     $968    $1,038   $1,245   $1,439   $1,605   $38,750   $44,300   $49,800   $55,350   $59,800   $64,200    $68,650    $73,100
           65%     $786     $843    $1,012   $1,169   $1,304   $31,460   $36,010   $40,495   $44,980   $48,555   $52,195    $55,770    $59,345
           60%     $726     $778     $934    $1,079   $1,204   $29,040   $33,240   $37,380   $41,520   $44,820   $48,180    $51,480    $54,780
          55%     $665     $713     $856     $989    $1,104   $26,620   $30,470   $34,265   $38,060   $41,085   $44,165   $47,190   $50,215
          50%     $605     $648     $778     $899    $1,003   $24,200   $27,700   $31,150   $34,600   $37,350   $40,150   $42,900   $45,650
          45%     $544     $583     $700     $809     $903    $21,780   $24,930   $28,035   $31,140   $33,615   $36,135   $38,610   $41,085
          40%     $484     $519     $623     $719     $803    $19,360   $22,160   $24,920   $27,680   $29,880   $32,120   $34,320   $36,520
          30%     $363     $389     $467     $539     $602    $14,550   $16,600   $18,700   $20,750   $22,400   $24,100   $25,750   $27,400
          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
  Mesa    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%   $1,179   $1,263   $1,515   $1,750   $1,953   $47,160   $53,880   $60,600   $67,320   $72,720   $78,120   $83,520   $88,920
          100%    $982    $1,052   $1,262   $1,458   $1,627   $39,300   $44,900   $50,500   $56,100   $60,600   $65,100   $69,600   $74,100
Mineral   80%     $786     $841    $1,010   $1,167   $1,302   $31,450   $35,900   $40,400   $44,900   $48,500   $52,100   $55,700   $59,250
          65%     $638     $684     $820     $948    $1,057   $25,545   $29,185   $32,825   $36,465   $39,390   $42,315   $45,240   $48,165
          60%     $589     $631     $757     $875     $976    $23,580   $26,940   $30,300   $33,660   $36,360   $39,060   $41,760   $44,460
          55%     $540     $578     $694     $802     $895    $21,615   $24,695   $27,775   $30,855   $33,330   $35,805   $38,280   $40,755
          50%     $491     $526     $631     $729     $813    $19,650   $22,450   $25,250   $28,050   $30,300   $32,550   $34,800   $37,050
          45%     $442     $473     $568     $656     $732    $17,685   $20,205   $22,725   $25,245   $27,270   $29,295   $31,320   $33,345
          40%     $393     $421     $505     $583     $651    $15,720   $17,960   $20,200   $22,440   $24,240   $26,040   $27,840   $29,640
          30%     $295     $316     $378     $438     $488    $11,800   $13,500   $15,150   $16,850   $18,200   $19,550   $20,900   $22,250
          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
 Moffat   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%   $1,131   $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%   $1,266   $1,356   $1,629   $1,881   $2,097   $50,640   $57,840    $65,160    $72,360    $78,120    $83,880    $89,760    $95,520
          100%   $1,055   $1,130   $1,357   $1,567   $1,747   $42,200   $48,200    $54,300    $60,300    $65,100    $69,900    $74,800    $79,600
 Ouray    80%     $845     $905    $1,086   $1,254   $1,398   $33,800   $38,600    $43,450    $48,250    $52,100    $55,950    $59,850    $63,700
          65%     $685     $734     $882    $1,018   $1,135   $27,430   $31,330    $35,295    $39,195    $42,315    $45,435    $48,620    $51,740
          60%     $633     $678     $814     $940    $1,048   $25,320   $28,920    $32,580    $36,180    $39,060    $41,940    $44,880    $47,760
          55%     $580     $621     $746     $862     $961    $23,210   $26,510    $29,865    $33,165    $35,805    $38,445    $41,140    $43,780
          50%     $527     $565     $678     $783     $873    $21,100   $24,100    $27,150    $30,150    $32,550    $34,950    $37,400    $39,800
          45%     $474     $508     $610     $705     $786    $18,990   $21,690    $24,435    $27,135    $29,295    $31,455    $33,660    $35,820
          40%     $422     $452     $543     $627     $699    $16,880   $19,280    $21,720    $24,120    $26,040    $27,960    $29,920    $31,840
          30%     $316     $339     $407     $470     $525    $12,650   $14,500    $16,300    $18,100    $19,550    $21,000    $22,450    $23,900
          120%   $1,506   $1,612   $1,935   $2,236   $2,493   $60,240   $68,760    $77,400    $86,040    $92,880    $99,720   $106,560   $113,520
          100%   $1,255   $1,343   $1,612   $1,863   $2,077   $50,200   $57,300    $64,500    $71,700    $77,400    $83,100    $88,800    $94,600
  Park    80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900    $51,600    $57,350    $61,950    $66,550    $71,150    $75,700
          65%     $815     $873    $1,048   $1,211   $1,350   $32,630   $37,245    $41,925    $46,605    $50,310    $54,015    $57,720    $61,490
          60%     $753     $806     $967    $1,118   $1,246   $30,120   $34,380    $38,700    $43,020    $46,440    $49,860    $53,280    $56,760
          55%     $690     $739     $886    $1,025   $1,142   $27,610   $31,515    $35,475    $39,435    $42,570    $45,705    $48,840    $52,030
          50%     $627     $671     $806     $931    $1,038   $25,100   $28,650    $32,250    $35,850    $38,700    $41,550    $44,400    $47,300
          45%     $564     $604     $725     $838     $934    $22,590   $25,785    $29,025    $32,265    $34,830    $37,395    $39,960    $42,570
          40%     $502     $537     $645     $745     $831    $20,080   $22,920    $25,800    $28,680    $30,960    $33,240    $35,520    $37,840
          30%     $376     $403     $483     $559     $623    $15,050   $17,200    $19,350    $21,500    $23,250    $24,950    $26,650    $28,400
          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%    $1,107   $1,186   $1,423   $1,645   $1,836   $44,300   $50,650    $56,950    $63,300    $68,350    $73,450    $78,500    $83,550
          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%   $1,134   $1,215   $1,458   $1,684   $1,878   $45,360   $51,840   $58,320   $64,800   $69,960    $75,120    $80,400    $85,560
             100%    $945    $1,012   $1,215   $1,403   $1,565   $37,800   $43,200   $48,600   $54,000   $58,300    $62,600    $67,000    $71,300
Rio Blanco   80%     $756     $810     $972    $1,123   $1,252   $30,250   $34,550   $38,900   $43,200   $46,650    $50,100    $53,550    $57,000
             65%     $614     $658     $789     $912    $1,017   $24,570   $28,080   $31,590   $35,100   $37,895    $40,690    $43,550    $46,345
             60%     $567     $607     $729     $842     $939    $22,680   $25,920   $29,160   $32,400   $34,980    $37,560    $40,200    $42,780
             55%     $519     $556     $668     $772     $860    $20,790   $23,760   $26,730   $29,700   $32,065    $34,430    $36,850    $39,215
             50%     $472     $506     $607     $701     $782    $18,900   $21,600   $24,300   $27,000   $29,150    $31,300    $33,500    $35,650
             45%     $425     $455     $546     $631     $704    $17,010   $19,440   $21,870   $24,300   $26,235    $28,170    $30,150    $32,085
             40%     $378     $405     $486     $561     $626    $15,120   $17,280   $19,440   $21,600   $23,320    $25,040    $26,800    $28,520
             30%     $283     $303     $365     $421     $470    $11,350   $12,950   $14,600   $16,200   $17,500    $18,800    $20,100    $21,400
             120%   $1,545   $1,656   $1,986   $2,296   $2,562   $61,800   $70,680   $79,440   $88,320   $95,400   $102,480   $109,560   $116,640
             100%   $1,287   $1,380   $1,655   $1,913   $2,135   $51,500   $58,900   $66,200   $73,600   $79,500    $85,400    $91,300    $97,200
     Routt   80%    $1,031   $1,104   $1,325   $1,531   $1,707   $41,250   $47,100   $53,000   $58,900   $63,600    $68,300    $73,050    $77,750
             65%     $836     $897    $1,075   $1,243   $1,387   $33,475   $38,285   $43,030   $47,840   $51,675    $55,510    $59,345    $63,180
             60%     $772     $828     $993    $1,148   $1,281   $30,900   $35,340   $39,720   $44,160   $47,700    $51,240    $54,780    $58,320
             55%     $708     $759     $910    $1,052   $1,174   $28,325   $32,395   $36,410   $40,480   $43,725    $46,970    $50,215    $53,460
             50%     $643     $690     $827     $956    $1,067   $25,750   $29,450   $33,100   $36,800   $39,750    $42,700    $45,650    $48,600
             45%     $579     $621     $744     $861     $960    $23,175   $26,505   $29,790   $33,120   $35,775    $38,430    $41,085    $43,740
             40%     $515     $552     $662     $765     $854    $20,600   $23,560   $26,480   $29,440   $31,800    $34,160    $36,520    $38,880
             30%     $386     $414     $497     $574     $641    $15,450   $17,700   $19,900   $22,100   $23,850    $25,650    $27,400    $29,150
             120%   $1,506   $1,614   $1,935   $2,236   $2,496   $60,240   $68,880   $77,400   $86,040   $92,880    $99,840   $106,680   $113,520
             100%   $1,255   $1,345   $1,612   $1,863   $2,080   $50,200   $57,400   $64,500   $71,700   $77,400    $83,200    $88,900    $94,600
San Miguel   80%    $1,003   $1,075   $1,290   $1,491   $1,663   $40,150   $45,900   $51,600   $57,350   $61,950    $66,550    $71,100    $75,700
             65%     $815     $874    $1,048   $1,211   $1,352   $32,630   $37,310   $41,925   $46,605   $50,310    $54,080    $57,785    $61,490
             60%     $753     $807     $967    $1,118   $1,248   $30,120   $34,440   $38,700   $43,020   $46,440    $49,920    $53,340    $56,760
             55%     $690     $739     $886    $1,025   $1,144   $27,610   $31,570   $35,475   $39,435   $42,570    $45,760    $48,895    $52,030
             50%     $627     $672     $806     $931    $1,040   $25,100   $28,700   $32,250   $35,850   $38,700    $41,600    $44,450    $47,300
         45%     $564     $605     $725     $838     $936    $22,590   $25,830   $29,025   $32,265    $34,830    $37,440    $40,005    $42,570
         40%     $502     $538     $645     $745     $832    $20,080   $22,960   $25,800   $28,680    $30,960    $33,280    $35,560    $37,840
         30%     $376     $403     $483     $558     $623    $15,050   $17,200   $19,350   $21,500    $23,200    $24,950    $26,650    $28,400
         120%   $1,656   $1,773   $2,127   $2,458   $2,742   $66,240   $75,600   $85,080   $94,560   $102,120   $109,680   $117,240   $124,800
         100%   $1,380   $1,477   $1,772   $2,048   $2,285   $55,200   $63,000   $70,900   $78,800    $85,100    $91,400    $97,700   $104,000
Summit   80%    $1,042   $1,117   $1,341   $1,549   $1,728   $41,700   $47,700   $53,650   $59,600    $64,350    $69,150    $73,900    $78,650
         65%     $897     $960    $1,152   $1,331   $1,485   $35,880   $40,950   $46,085   $51,220    $55,315    $59,410    $63,505    $67,600
         60%     $828     $886    $1,063   $1,229   $1,371   $33,120   $37,800   $42,540   $47,280    $51,060    $54,840    $58,620    $62,400
         55%     $759     $812     $974    $1,126   $1,256   $30,360   $34,650   $38,995   $43,340    $46,805    $50,270    $53,735    $57,200
         50%     $690     $738     $886    $1,024   $1,142   $27,600   $31,500   $35,450   $39,400    $42,550    $45,700    $48,850    $52,000
         45%     $621     $664     $797     $921    $1,028   $24,840   $28,350   $31,905   $35,460    $38,295    $41,130    $43,965    $46,800
         40%     $552     $591     $709     $819     $914    $22,080   $25,200   $28,360   $31,520    $34,040    $36,560    $39,080    $41,600
                                                            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
    Other (Specify)                   $0                       $0
    Other (Specify)                   $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
       Other (Specify)                                        $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
     Other (Specify)                 $0      $0
     Other (Specify)                 $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:                                           0
            Date:                                            1/0/1900
            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                                             9

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

            TOTAL DEVELOPMENT EXPENSES                                  0               0      #DIV/0!

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




7/17/2010                                    DOH - Denver HNDS Budget                                74deba56-abb7-4a2d-aea7-5ba597883588.xls

				
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