Mortgage Past Due Notice by nwa14835

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									                                                                                                                                                                                                                                                                                                                           As of 10/1/09
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                                                                                                                                                   FHFC
                                                                                                                                             Past Due Report
Developer                      Application Numbers             Property Name               Developer                     Affiliate/Financial            Funding Source(s)          County       Original Loan    Lien-Position    Servicer/   Comments
(Contact)                                                                                                                Beneficiary/Principal                                                     Amount                          Trustee
American Realty Development    193, 194, 195, 196, 197, Todd   Crescent Club (Camden Club) Camden Club, Ltd.             Camden Club, Inc.; Housing     SAIL 2002-101S             Orange       $2,000,000.00       Second        FHDC/SA     SAIL - Owes $230,849.00 for 2008 SAIL Interest due 8/31/09 plus a 5%
Todd Borck                     Borck                                                                                     and Neighborhood               HC 2002 005C                                                                          late charge of $11,542.45, totaling $242,391.45. Past due notice e-
                               213, 216 Jonathan Wolf                                                                    Development Services of                                                                                              mailed to the borrower on 9/2/09. Late notice for Interest sent 9/17/09.
                               247, 248, 249 HANDS                                                                       Central Florida, Inc.; Connie                                                                                        FHFC special assets received borrower's request for workout plan of the
                                                                                                                         Downs; Johnnie M Wilson;                                                                                             SAIL interest payment; still under negotiation. Workout agreement
                                                                                                                         Kimberly Bergin; Jay Robinson;                                                                                       finalized 10/13/09.
                                                                                                                         Gerald A Smith; Todd L Borck;
                                                                                                                         Nancy Borck; Travis Williams;
                                                                                                                         Wendover Housing Partners,
                                                                                                                         Inc.; Jonathan L. Wolf

AMR of Pensacola               none                            Pensacola Affordable        Northwestern Partners, Inc.   Northwestern Partners Inc.;    SAIL 1989-055S            Escambia       $476,000.00        Second        FHDC/SA     SAIL - The SAIL loan matured 12/31/05. Workout negotiations are in
James Reeves                                                                                                             National Tax Credit                                                                                                  process. Owes 2006 - 2008 Servicing fees i/a/o $3,879.40 plus late fees
                                                                                                                         Inc. II (AIMCO); Northwestern                                                                                        of $193.97. Borrower has an offer on property and is in negotiations for a
                                                                                                                         Partners, Ltd.; Jim Reeves;                                                                                          sales contract. As of 10/1/09 new appraisal and approval received from
                                                                                                                         Harry Alcock; Peter Stoughton;                                                                                       Whitney Bank. Demand letters sent monthly, last sent 9/30/09. Past due
                                                                                                                         Timothy Beaudin; David                                                                                               notices sent monthly; last sent 9/2/09.
                                                                                                                         Robertson; Patti Fielding;
                                                                                                                         Debra McDonald
AOH-Regent, LP                 none                            The Regents Apartments      American Opportunity for      AOH-Regent GP, American          FHFC Multifamily          Duval       $14,630,000.00       First          ACS       BOND - Failure to remit Principal & Interest Payments i/a/o $250,745.01
Matthew Starr                                                                              Housing Inc                   Opportunity for Housing Inc      Mortgage Revenue                                                                    (for collection periods 07/15/09, 08/15/09, 09/15/09) Administrative
                                                                                                                                                          Bonds 2006 Series J                                                                 Expenses i/a/o $67,460.25 (for collection periods 01/01/09, 07/01/2009,
                                                                                                                                                                                                                                              07/15/2009, 08/15/2009, 09/15/2009), Tax and Insurance Escrow i/a/o
                                                                                                                                                                                                                                              $42,399.81 (for collection periods 07/15/09, 08/15/09, 09/15/09),
                                                                                                                                                                                                                                              Replacement Reserves i/a/o $84,387.45 (for collection periods 07/15/09,
                                                                                                                                                                                                                                              08/15/09, 10/15/08, 11/15/08, 12/15/08, 01/15/09, 02/15/09, 03/15/09,
                                                                                                                                                                                                                                              04/15/09, 05/15/09, 06/15/09, 07/15/09, 08/15/09, 09/15/09) .

Arlington, L.P.                none                            The Arlington Apartments    Capmark Financial/Arlington AMTAX Holdings 281, LLC;           Bonds Series 2004 G-      Duval       $11,340,000.00       First          ACS       BOND - On 10/16/08, received Notice of Default from the Trustee, Wells
Don Ta                                                                                     LP David Homsher or Don Protech 2004-B, LLC;                   1 & 2004 G-2                           $235,000.00                                  Fargo, for the October 15th monthly Note payment i/a/o $78,745.34.
                                                                                           Ta                          Protech Holdings 158, LLC.                                                                                             Bank of America is the sole bondholder when they called in the LOC and
                                                                                                                                                                                                                                              took over the funds from Wells Fargo. The Trustee, Wells Fargo, issued
                                                                                                                                                                                                                                              a notice of default on 10/16/08.
Bay Equity Investments, Inc.   230, 231                        San Jose Apts of Seminole   San Jose Apts of Seminole,    Royal American Development, HOME 1992HR-022              Seminole      $1,050,000.00       Second          FHDC      HOME - Owes 1 monthly P&I payment of $4,210.91 due 10/1/09.
Ronnie H. Adams                                                                            Ltd.                          Inc.; Bay Equity Investments,                                                                                        Payment received 10/2/09.
                                                                                                                         Inc.; Clemo Scott; Joseph F
                                                                                                                         Chapman IV; Joseph F
                                                                                                                         Chapman; Lauretta J Pippin;
                                                                                                                         Robert F Henry, III; David
                                                                                                                         Glover; George Smith; Ronnie
                                                                                                                         H Adams; Irma Burden; Davina
                                                                                                                         Houston; Willie Bryant; San
                                                                                                                         Jose Apartments of Seminole,
                                                                                                                         Ltd; Peoples First Properties,
                                                                                                                         Inc.; Raymond Powell, Jimmy
                                                                                                                         Barr; Joseph F Chapman, III;



Benchmark Group                none                            Walker Avenue Club          SRK Walker Club, LLC;         Steven J. Longo; SRK Walker      MMRB MR 2000L1 &       Indian River   $8,945,000.00        First       FHDC/BONY MMRB - Borrower’s failure to make timely payments under the Loan
Steven J. Longo                                                                                                          Club, LLC; Benchmark             L2 067-98023                                                                     Documents resulted in Guarantee Program claim; payment in full on
                                                                                                                         Properties Management Corp.;     HC 2000-533C                                                                     3/18/09. Full redemption of the bonds occurred on 4/17/09, resulting in
                                                                                                                         Arthur & Susan Gellman           Guarantee                                                                        commencement of foreclosure.Final Judgment of Foreclosure awarded to
                                                                                                                         L'Chaim Trust; George Gellman                                                                                     FHFC II, Inc. 8/21/09. Foreclosure sale date 11/12/09.
                                                                                                                         Irrevocable Trust; Clarke H.
                                                                                                                         Harris Irrevocable Trust; John
                                                                                                                         Rehak Jr.; Clark Narins;
                                                                                                                         George Gellman I; Arthur M.
                                                                                                                         Gellman
Bonita Springs Area Housing    none                            Red Hibiscus Lane           Bonita Springs Area Housing                                    PLP 03-052                 Lee         $112,010.00        Second        FHFC/SA     PLP - Loan matured 6/28/09. June Board approved additional one year
Development Corporation                                                                    Development Corporation                                                                                                                            extension and the documents are in the process of modification. Matured
Mary E. Sorge                                                                                                                                                                                                                                 Notice sent 9/30/09.



                                                                                                                                                                                                                                                                                                                            10/22/2009
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                                                                                                                                                                                                                                                                                                         As of 10/1/09
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                                                                                                                                           FHFC
                                                                                                                                      Past Due Report
Developer                           Application Numbers         Property Name        Developer                    Affiliate/Financial            Funding Source(s)    County      Original Loan   Lien-Position   Servicer/   Comments
(Contact)                                                                                                         Beneficiary/Principal                                              Amount                       Trustee
Brannon Group, L. C. & Co.          none                        Keys I & II          The Brannon Group, L.L.C.    D. Reid Brannon; Ivan I.       SAIL 1993SHR-021      Dade       $1,481,200.00      Second        FHDC       SAIL - Borrower has provided RR statements for 1/09 thru 3/09 from 1st
D Reid Brannon                                                                                                    Brannon                        HC 1991L-066                                                                 mortgage holder (HSBC) to show RR account has not been paid current.
                                                                                                                                                                                                                              RR estimated to be past due $1,000.00 per month, from Jan. 2008
                                                                                                                                                                                                                              through September 2009, totaling $21,000.00. Owes $500 SAIL late filing
                                                                                                                                                                                                                              fee for 2008 due 7/10/09. Past due notice sent 9/2/09. Borrower claims
                                                                                                                                                                                                                              lack of RR payments due to lack of project cash flows.


                                                                Keys III             The Brannon Group, L.L.C.    D. Reid Brannon; Ivan I.       SAIL 1993SHR-022      Dade       $1,481,200.00      Second        FHDC       SAIL - Borrower has provided RR statements for 1/09 thru 3/09 from 1st
                                                                                                                  Brannon                        HC 1996L-019                                                                 mortgage holder (HSBC) to show RR account has not been paid current.
                                                                                                                                                                                                                              RR estimated to be past due $600.00 per month, from January 2008
                                                                                                                                                                                                                              through September 2009, totaling $12,600.00 Owes $500 SAIL late filing
                                                                                                                                                                                                                              fee for 2008 due 7/10/09. Past due notice sent 9/2/09. Borrower claims
                                                                                                                                                                                                                              lack of RR payments due to lack of project cash flows.


Carrfour Supportive Housing, Inc.   75, 76, 77, 128, 134, 135   Harding Village      Harding Village, Ltd         Stephanie Berman; Harding     SAIL 2003-016CS      Miami-Dade   $2,000,000.00       First        FHDC       SAIL - Owes $42,612.52 for 2008 SAIL Interest due 8/31/09 plus a 5%
Stephanie Berman                                                                                                  Village, Inc.; Carrfour                                                                                     late charge of $2,130.63, totaling $44,743.15. Late notice sent 9/17/09.
                                                                                                                  Supportive Housing; Inc.;Tere                                                                               Borrower paid $5,000.00 on 5/22/09 leaving a remaining $5,000.00 partial
                                                                                                                  Garcia; Stephen Danner;
                                                                                                                               p                                                                                                          payment due on 3/31/09 and 6 full monthly T&I Escrow
                                                                                                                                                                                                                              T&I escrow p y                                       y
                                                                                                                  Franklyn Casale; John Messer;                                                                               payments of $15,964.51 due 4/30/09 - 9/30/09 (total escrows due
                                                                                                                  Alan Ojeda                                                                                                  $100,787.06). Owes 2 monthly replacement reserve payments of $775.00
                                                                                                                                                                                                                              each, due 7/31/09 & 8/31/09 plus 1 monthly replacement reserve amount
                                                                                                                                                                                                                              of $1,550.00 due 9/30/09. Owes a late charge for 2008 Financial
                                                                                                                                                                                                                              Monitoring Fee of $80.25. Past due notice and e-mail sent on 9/2/09. On
                                                                                                                                                                                                                              9/15/09 Borrower paid $5,000.00 towards their partial T/I and $775.00
                                                                                                                                                                                                                              towards 1 replacement reserve payment but their check was returned
                                                                                                                                                                                                                              NSF. The outstanding amounts above remains due. As of 10/1/09,
                                                                                                                                                                                                                              total due is $142,935.46.




CEDO Housing Development            none                        Triple Oaks II       Omega Villas Apts., a division CEDO Housing Development SAIL 2000-107S           Gadsden     $2,490,000.00      Second        FHDC       SAIL - Owes 2007 SAIL Interest of $16,561.00 plus a 5% late charge of
Corp.                                                           a/k/a Omega Villas   of CEDO Housing Dev. Corp. Corporation; James Palmer;                                                                                    $828.05 due 12/31/08. Owes 2007 SAIL Servicing fee of $6,225.00 plus
Millie Forehand                                                                                                     Inez Holt; Robert Green; Willie                                                                           a 5% late fee of $311.25 due 4/30/08, totaling $6,536.25. Owes $136.40
                                                                                                                    Major Jackson; Jerome                                                                                     in late fees for the late payment of compliance and financial monitoring
                                                                                                                    Showers; Marilyn Anderson                                                                                 fees. Owes 2008 SAIL servicing fees of $8,898.00 plus a 5% late charge
                                                                                                                                                                                                                              of $444.90 due 4/30/09. Past due notice sent 9/2/09. Borrower is not
                                                                                                                                                                                                                              making any T&I payments to 1st mortgage lender (USRDA), but did remit
                                                                                                                                                                                                                              lump sum in July 2008 to cover 2008-2009 insurance expenses (tax
                                                                                                                                                                                                                              exempt property). Borrower remitted RR payments totaling $6,249.99 to
                                                                                                                                                                                                                              1st mortgage lender in July 2009. Borrower remains past due under
                                                                                                                                                                                                                              FHFC obligations, totaling $32,948.00 thru August 2009 (FHFC
                                                                                                                                                                                                                              requirements are monthly deposits of $2,083.00); however, borrower
                                                                                                                                                                                                                                q                        y p                   )
                                                                                                                                                                                                                              states they are paying in accordance with USRDA requirements and as
                                                                                                                                                                                                                              required by CEDO Board.


Complete Property Development       none                        Ballet Villages II   Ballet Villages II Limited   Ballet Villages Development    HOME 1995HR-012     Palm Beach   $942,994.00         First        FHDC       HOME - Owes 1 replacement reserve payment of $212.50 & 1 monthly
Company                                                                              Partnership                  Corp; Joseph F Crossen; Lyle                                                                                tax and insurance escrow payment of $1,949.57 both due 9/30/09.
Joseph Crossen                                                                                                    Howland

Complete Property Development       none                        Vista del Lago       Vista Del Lago, Ltd.         Vista Del Lago Development     SAIL 1995-011S      Palm Beach   $600,000.00        Second        FHDC       SAIL - Owes $12,805.00 for 2008 SAIL Interest due 8/31/09 plus a 5%
Company, cont.                                                                                                    Corp; Joseph F Crossen; Lyle   HC 1996L-007                                                                 late charge of $640.25, totaling $13,445.25. Owes 1 monthly escrow
Joseph Crossen                                                                                                    Howland                                                                                                     payment of $6,478.19 due 9/30/09. Past due notice sent and e-mailed to
                                                                                                                                                                                                                              borrower on 9/2/09. Late notice for Interest sent 9/17/09.




                                                                                                                                                                                                                                                                                                          10/22/2009
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                                                                                                                                                                                                                                                                                                        As of 10/1/09
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                                                                                                                                       FHFC
                                                                                                                                  Past Due Report
Developer                       Application Numbers   Property Name               Developer                   Affiliate/Financial            Funding Source(s)    County      Original Loan    Lien-Position   Servicer/   Comments
(Contact)                                                                                                     Beneficiary/Principal                                              Amount                         Trustee
Consortium Development, Inc.    none                  Richardson Place            Consortium Development                                     PLP 2000-041          Duval       $97,177.00          N/A         FHFC/SA     PLP - The loan matured on 8/16/07. Borrower non-responsive. Demand
Fernanda Jones                                                                    Group                                                                                                                                    letters sent monthly, last sent 9/30/09.

Country Lake Apartments, Ltd.   none                  Country Lake                Country Lake Apartments,    Bruce L. Parker; Joann Parker SAIL 1989S-001          Polk      $1,350,000.00       Second       FHDC/SA     SAIL - Loan matured 3/22/05. Borrower owes servicing fees totaling
Bruce L. Parker                                                                   Ltd.                                                      HC 1990L-015                                                                   $10,144.77 for 1995, 1998-2000. 2007 SAIL Servicing and Compliance
                                                                                                                                                                                                                           Monitoring fees paid late, owes 5% late fee i/a/o $108.01. Borrower owes
                                                                                                                                                                                                                           $942.79 in late charges for previously billed unpaid interest. Owes 2008
                                                                                                                                                                                                                           SAIL servicing fees of $2,160.00 plus a 5% late charge of $108.01 due
                                                                                                                                                                                                                           4/30/09. 2008 Property taxes are delinquent and went to sale - certificate
                                                                                                                                                                                                                           #15218 i/a/o $70,494.77, through 9/30/09. Demand letters sent
                                                                                                                                                                                                                           monthly; last sent 9/30/09. Past due notice sent 9/2/09. On 7/30/09
                                                                                                                                                                                                                           borrower advised that we should be receiving payment for the 2008 SAIL
                                                                                                                                                                                                                           servicer fees within 60 days.

Creative Choice Homes           105, 112, 117, 124    Andros Isle                 Creative Choice Homes       Creative Choice Homes XI,     MMRB/Guarantee          Lee       $10,700,000.00       First         SMG       Bond - Borrower past due for the 8/15/09 and 9/15/09 debt service
Dilip Barot                                                                                                   Ltd.; Creative Choice Homes   Lee County HFA                     $2,000,000.00      Second                   payments in the aggregate amount of $157,650.72. Trustee sent out a
                                                                                                              XI, Inc.; Creative Choice     Series2001A&B                                                                  default notice on 9/16/09. Also, Trustee initiated a transfer from Debt
                                                                                                              Homes, Inc.; Dilip Barot      SAIL 2001-060S                                                                 Service Reserve in the amount of $80,000 on 12/2/08. 9/16/09- Trustee
                                                                                                                                                                                                                           sent notification to the borrower for the required amount of $ ,
                                                                                                                                                                                                                                                                       q                $71,874.93 as
                                                                                                                                                                                                                           repayment/replenishment to the Debt Service Reserve pursuant to the
                                                                                                                                                                                                                           Loan Agreement and original demand on 1/13/09. Trustee filed Claim for
                                                                                                                                                                                                                           Loss with the FHFC Guarantee Program on 9/16/09. As of 10/1/09,
                                                                                                                                                                                                                           $150,700.29 is due and payable.




                                                      Caribbean West Apartments   Creative Choice Homes VI,   Creative Choice Homes VI,     HOME 1993HD-008      Miami-Dade   $1,480,000.00       Second       ACS/SA      HOME - Loan matured 5/26/09. Demand letter sent 5/28/09. Matured
                                                                                  Ltd.; Dilip Barot           Ltd.                    Dilip                                                                                notice sent 8/31/09. Recommendation was approved at July Board
                                                                                                              Barot, President                                                                                             meeting to renew and restructure the existing HOME loan. Documents
                                                                                                                                                                                                                           are in the process of modification. As of 10/1/09, principal i/a/o
                                                                                                                                                                                                                           $1,480,000 and interest i/a/o $59,272.35 are due and payable.




                                                      Gardens Apartments          Creative Choice Homes VI,   Creative Choice Homes VII,    HOME 1992HR-009      Miami Dade   $3,000,000.00       Second       MMA/SA      HOME - Loan matured 3/24/09. Matured notice sent 8/31/09.
                                                                                  Ltd.; Dilip Barot           Ltd.; Creative Choice Homes                                                                                  Recommendation was approved at July Board meeting to renew and
                                                                                                              VII, Inc.                                                                                                    restructure the existing HOME loan. Documents are in the process of
                                                                                                                                                                                                                           modification. Quarterly payment due 10/1/09 not received yet, interest
                                                                                                                                                                                                                           due $22,684.93.       As of 10/1/09, principal i/a/o $3,000,000 and
                                                                                                                                                                                                                           i t     t i/ / $1,971,450.96      d      d
                                                                                                                                                                                                                           interest i/a/o $1 971 450 96 are due and payable.bl




                                                                                                                                                                                                                                                                                                         10/22/2009
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                                                                                                                                                                                                                                                                                                       As of 10/1/09
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                                                                                                                                     FHFC
                                                                                                                              Past Due Report
Developer                      Application Numbers   Property Name            Developer                  Affiliate/Financial              Funding Source(s)     County       Original Loan    Lien-Position    Servicer/ Comments
(Contact)                                                                                                Beneficiary/Principal                                                  Amount                          Trustee
Creative Choice Homes, cont.                         Heron Cove               Creative Choice Homes XIV, Creative Choice Homes XIV,       MMRB 2002 O1 & O2     Collier      $18,550,000.00       First       FHDC/BONY MMRB - Trustee issued demand letter dated 9/30/09 for payments due
Dilip Barot                                          (Tuscan Isle)            Ltd.                       Ltd.; Creative Choice Homes      HC 2002-534C                                                                   8/15/2009 i/a/o $143,581.94 and 9/15/09 i/a/o $143,581.94. Interest
                                                                                                         XIV, Inc.; Yashpal Kakkar; Dilip Guarantee                                                                      began accruing on 8/31/09 i/a/o $71.79 per diem on the August balance
                                                                                                         Barot; Creative Choice Homes,                                                                                   and on 9/30/09 i/a/o $71.79 per diem on the September balance. As of
                                                                                                         Inc.; Alliant Capital Limited                                                                                   10/1/09, $289,604.74 is due and payable.




                                                     Woods of Vero Beach      Creative Choice Homes XVI, Creative Choice Homes XVI,         MMRB 1999N 1&2    Indian River   $7,790,000.00        First       FHDC/BONY MMRB - Trustee issued demand letter dated 9/16/09 for payments due
                                                                              Ltd.                       Ltd.; Creative Choice Homes,       HC 2001-505C                                                                9/01/09 i/a/o $63,846.42. Interest began accruing on 9/16/09 i/a/o
                                                                                                         XVI Inc.; Yashpal Kakkar;          Guarantee                                                                   $31.92 per diem on the September balance. As of 10/1/09,
                                                                                                         Ashok Kumar; Dilip Barot;                                                                                      $128,171.64 is due and payable.
                                                                                                         Creative Choice Homes, Inc.;
                                                                                                         Alliant Tax Credit Fund VI
                                                                                                         Limited




Cypress Senior Village, LLC    none                  Cypress Senior Village   Cypress Senior Village, LLC                                   PLP 2005-075       De Soto        $350,000.00        Second        FHFC/SA     PLP - Loan matured 9/12/09. July Board approved additional one year
Christine Engels                                                                                                                                                                                                           extension and the documents are in the process of modification. Matured
                                                                                                                                                                                                                           Notice sent 9/30/09.
East Little Havana CDC         256                   Rio Towers               East Little Havana CDC        Maria Elena Prio; Florentino   SAIL 1991S-029     Miami-Dade      $800,000.00         Third        MMA/SA      SAIL - Loan matured 7/23/07. August 2008 Board approved restructured
Anita Rodriguez-Tejera                                                                                      Almeida; Wifredo Gort; Antonio HC 1990-031                                                                     loan terms. Document modification underway but stalled due to borrower
                                                                                                            Prado                                                                                                          not responding to requests for information. As of 7/31/09 borrower is
                                                                                                                                                                                                                           responding and document modification is proceeding. Matured notices
                                                                                                                                                                                                                           sent monthly, last sent 9/30/09 Three invoices have been sent, 7/23, 8/18
                                                                                                                                                                                                                           and 9/29/09, requesting our 2008 service fees due ($2,000.00) and
                                                                                                                                                                                                                           borrower does not respond. As of 10/1/2009, principal i/a/o
                                                                                                                                                                                                                           $800,000.00 and interest i/a/o $984,657.01 are due and payable.




Eastridge Partners, Ltd.       251, 118              Villas of Capri          Eastridge Partners, Ltd.,     Eastridge Partners, Ltd.,       HOME 1996DHR-       Collier      $2,585,000.00       Second         ACS/SA     HOME- Failure to pay the 8/29/09 annual HOME interest of $77,550.00
Jorge Perez                                                                   Related Capri Housing Inc.    Related Capri Housing Inc.      016                                                                            per invoice #600120, dated 8/3/09. Forbearance Agreement for workout
                                                                              Jorge Perez                   Jorge Perez                                                                                                    of interest sent to borrower on 9/11/09 but has not been executed or
                                                                                                                                                                                                                           returned. Workout agreement finalized 10/19/09.


Gulf Landings Development      none                  Landings @ Boot Ranch    Gulf Landings Development     Boot Ranch West Ltd. Joseph     MMRB/Guarantee      Pinellas     $11,700,000.00      First           SMG       BOND - Borrower’s failure to make timely payments under the Loan
Joseph Borda                                                                                                R. Borda, Gulf Landings         SAIL 1996S-010                    $2,450,000.00     Second                     Documents resulted in Guarantee Program claim payment in full on
                                                                                                            Corporation as General                                                             Guarantee                   March 19, 2009. Full redemption of the bonds occurred on April 20, 2009,
                                                                                                            Partner; Centerline Corporate                                                                                  resulting in commencement of foreclosure. Summary Judgment in favor
                                                                                                            Partners IV, LP; Centerline                                                                                    of FHFC entered into on 9/4/09. Foreclosure sale at courthouse steps
                                                                                                            Corporate SLP, LP                                                                                              scheduled for 10/6/09.




                                                                                                                                                                                                                                                                                                        10/22/2009
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                                                                                                                                                                                                                                                                                                                As of 10/1/09
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                                                                                                                                               FHFC
                                                                                                                                          Past Due Report
Developer                          Application Numbers   Property Name                 Developer                      Affiliate/Financial            Funding Source(s)    County      Original Loan   Lien-Position   Servicer/   Comments
(Contact)                                                                                                             Beneficiary/Principal                                              Amount                       Trustee
Halo Properties, Inc.              none                  Maxwell Manor Phase II        Halo Properties, Inc.; Harry   Halo Properties, Inc., Harry   HOME 2003-133H       St. Johns   $2,496,000.00      Second       ACS/SA      HOME- Failure to pay the 3/1/09 annual HOME interest of $58,589.41
Harry Maxwell                                                                          Maxwell, President             Maxwell, President                                                                                          per invoice #600094, dated 2/11/09. A late fee of $2,929.47 was
                                                                                                                                                                                                                                  assessed on 3/16/09. Harry Maxwell requested help from Special Assets.
                                                                                                                                                                                                                                  Forbearance Agreement sent to borrower on 6/30/09 but borrower has
                                                                                                                                                                                                                                  not executed it. In addition, construction draws are on hold until interest
                                                                                                                                                                                                                                  payment, late fee, and resolution of outstanding liens on the property are
                                                                                                                                                                                                                                  received or an agreed upon workout agreement. 9/8/09 received notice
                                                                                                                                                                                                                                  from FHFC that Notice of Intent to Declare Contractor in Default for
                                                                                                                                                                                                                                  Failure to Perform of the site Maxwell Manor Phase I, St. Johns County.


Harris Group, Inc.                 none                  Liberty Center I              Liberty Center, Ltd.           Harris Group, Inc.; Robert L      SAIL 1989S-046     Duval      $719,899.00         First        FHDC       SAIL - Owes 1 monthly P&I payment of $4,446.28 due 10/1/09.
Robert L. Harris, Jr.                                                                                                 Harris, Sr; Joan K Harris;        HC1988L-046
                                                                                                                      Robert L Harris, Jr

                                                         Liberty Center II             Liberty Center II, Ltd.        Harris Group II, Inc.; Robert L   SAIL 1993S-054     Duval      $1,429,329.00      Second        FHDC       SAIL - Owes 1 monthly principal payment of $3,300.00 due 10/1/09.
                                                                                                                      Harris, Sr; Joan K Harris;        HC1991L-075
                                                                                                                      Robert L Harris, Jr
                                                         Liberty Center III            Liberty Center for the         Hallie Williams-Bey; Larry     SAIL 1997S-018        Duval      $1,800,000.00       First        FHDC       SAIL - Owes 1 monthly principal payment of $5,000.00 due 10/1/09.
                                                                                       Homeless, Inc.                 Tipping; Diane Chambliss;
                                                                                                                      Robert L Harris, Sr; Rev.
                                                                                                                      Roosevelt R. Lanford; Robert L
                                                                                                                      Harris, Jr
Heritage Companies                 173, 174, 175         Edisto Lakes                  Edisto Group, Ltd.             Edisto Group Inc, GP; Group    SAIL 1994S-042         Lee       $2,822,781.00      Second        FHDC       SAIL - Owes $500 SAIL late filing fee for 2008 due 7/10/09. Owes 20
James Kincaid                                                                                                         Edisto, Inc.; Chastain Dev.    HC 1995L-006                                                                 monthly tax and insurance escrow payments of $62,117.26 each due
                                                                                                                      Corp. Non-Profit; Key Corp.    HC 1994L-163                                                                 2/29/08 - 9/30/09 (total due $1,242,345.20). Borrower submitted request
                                                                                                                      Inv. LP, LP 1 and LP; James                                                                                 to FHFC on 7/28/08 requesting a waiver of the requirement to escrow for
                                                                                                                      Kincaid; Neal Harding; Mark M.                                                                              T&I. Request was denied by FHFC on 7/31/08. Servicer has requested
                                                                                                                      Dumas; Oc Adams; Leigh C.                                                                                   updated T&I information from borrower in order to run new escrow
                                                                                                                      Westraad                                                                                                    analysis. 2008 Property taxes remain due i/a/o $182,283.05. Borrower
                                                                                                                                                                                                                                  advised they have 60 days from the date the Record of Decision is
                                                                                                                                                                                                                                  mailed. When the values are certified, they will determine whether or not
                                                                                                                                                                                                                                  to file suit. Past due notice sent monthly, last sent 9/2/09. New escrow
                                                                                                                                                                                                                                  analysis will be completed upon receipt of payment of back taxes. As of
                                                                                                                                                                                                                                  10/1/09, the borrower owes $277,395.66 (for T & I Escrows and the
                                                                                                                                                                                                                                  SAIL late fee) and $182,283.05 to the tax collector for back taxes
                                                                                                                                                                                                                                  plus penalties.


Heritage Companies                 none                  Park Crest Terrace II/Fair Oak Heritage Partners             Fair Oaks Estates, Ltd.,          HOME 1999-048CH   Highland    $380,000.00        Second         SMG       HOME - Failure to remit annual interest billing i/a/o $4,901.99 due by
James Kincaid                                            Estates Ltd                                                  Heritage Fair Oak, Inc..                                                                                    7/10/09. Sent Late Notice on 8/10/09 which included assessment of a
                                                                                                                      Memphis Area Community                                                                                      $245.10 late payment fee. Total outstanding $5,147.09. Past due for the
                                                                                                                      Development Corporation                                                                                     9/10/09 Tax and Insurance escrow payment i/a/o $4,418.08 and the
                                                                                                                      (MACDC), Heritage Partners                                                                                  Replacement Reserve Escrow payment i/a/o $733.00.
                                                                                                                      Group XXXIII, Inc. , National
                                                                                                                      Partnership Investments Corp
                                                                                                                      (NAPICO)
Homestead B & V Recap Associates of none                 Ann-Ell                       Ann-Ell Apartments             Homestead B&V Recap               SAIL 1989S-007     Dade       $300,000.00        Second       FHDC/SA     SAIL - Loan matured 2/27/06. Demand letters sent monthly, last sent
CT, LLC                                                                                Associates,                    Associates of CT, LLC (GP);       HC 1989-513C                                                              9/30/09. Borrower has received new offer and is trying to sell property.
John McClutchy                                                                         Ltd.                           John H. McClutchy, Jr.                                                                                      Servicer unable to obtain statements from First Mortgage lender to
                                                                                                                                                                                                                                  confirm escrows & RR deposits. First Mortgage is County Bonds that
                                                                                                                                                                                                                                  matured 1/1/09. Borrower has not paid off bonds and continues to make
                                                                                                                                                                                                                                  monthly mortgage payments; however statements are no longer available
                                                                                                                                                                                                                                  from Trustee due to matured status. Servicer requested additional
                                                                                                                                                                                                                                  updates from Borrower on the status of the payoff of the bonds on
                                                                                                                                                                                                                                  5/18/09, 5/29/09, 6/10/09, 7/10/09,7/20/09, 8/12/09, 8/20/09, 9/15/09 and
                                                                                                                                                                                                                                  9/25/09 but has not received a response except an indication they are still
                                                                                                                                                                                                                                  remitting monthly deposits to trustee. Borrower has entered into
                                                                                                                                                                                                                                  Purchase and Sale Agreement. Purchaser is in due diligence process.




                                                                                                                                                                                                                                                                                                                 10/22/2009
                                                                                                                                                                                                                                                                                                                    2:26 PM
                                                                                                                                                                                                                                                                                                              As of 10/1/09
                                                                                                                                                                                                                                                                                                               Page 6 of 10


                                                                                                                                                FHFC
                                                                                                                                          Past Due Report
Developer                               Application Numbers   Property Name             Developer                     Affiliate/Financial            Funding Source(s)   County     Original Loan    Lien-Position   Servicer/   Comments
(Contact)                                                                                                             Beneficiary/Principal                                            Amount                        Trustee
J. C. Housing, Inc.                     none                  Turtle Creek              J.C. Housing, Inc.            Turtle Creek, Ltd., J.C.       MMRB/Guarantee       Collier   $13,500,000.00       First         SMG       BOND - Borrower’s failure to make timely payments under the Loan
Charles J. Erdman, Jr.                                                                                                Housing, Inc.; Charles J.      1996 Series C-1                                                             Documents resulted in Guarantee Program claim payment in full on
                                                                                                                      Erdman, Jr.; KeyCorp           1996 Series C-2                                                             November 17, 2008. Full redemption of the bonds occurred on December
                                                                                                                      Investment Limited Partnership                                                                             10, 2008, resulting in commencement of foreclosure. Borrower filed
                                                                                                                      II                                                                                                         Chapter 11 Bankruptcy 4/29/09. Florida Housing granted Relief from Stay
                                                                                                                                                                                                                                 9/17/09. NGN filing Motion for Final Summary Judgment.

Jennings Development Corp.              none                  Eden Park at Ironwood     Jennings Development Corp. Ironwood Associates, Ltd.;     SAIL 2000-067S         Alachua    $1,025,000.00       Second         SMG       SAIL - Past Due i/a/o $8,659.00 for 2007 SAIL Interest due 8/31/08.
Ed Jennings                                                                                                        Ironwood partners, Inc.;                                                                                      Late charge i/a/o $432.95 on 9/5/08 due immediately. Sent e-mail to
                                                                                                                   Ironwood Associates, Inc.;                                                                                    borrower 10/20/08 to question status. 12/1/08 sent e-mail to borrower to
                                                                                                                   MEC Bond Warehousing, LLC;                                                                                    advise FHFC would not make any adjustments to current SAIL interest
                                                                                                                   Midland Special Limited                                                                                       due. 2/24/09 - sent e-mail to Ed Jennings requested status of payment.
                                                                                                                   Partner, Inc.; Howard K.                                                                                      Spoke to associate in the office of Mr. Jennings to inquire about the past
                                                                                                                   Wallace, Jr.; Anne M. Wallace;                                                                                due payments, the response was they would discuss with Mr. Jennings
                                                                                                                   Edward L. Jennings, Jr.                                                                                       and get back to me 3/20/09. Borrower non-responsive to collection
                                                                                                                                                                                                                                 efforts. 9/7/09 requested update for payment from borrower.


                                                              Lewis Place at Ironwood   Jennings Development Corp. Lewis Place Associates, Ltd.;             1999S-036
                                                                                                                                                        SAIL 1999S 036   Alachua     $900,000.00        Second         SMG       SAIL - Past Due i/a/o $12,707.00 for 2007 SAIL Interest due 8/31/08.
                                                                                                                   Lewis Plaza, Inc.; Howard K.                                                                                  Late charge i/a/o $635.35 on 9/5/08 due immediately. Sent e-mail to
                                                                                                                   Wallace; Ed Jennings, Jr.;                                                                                    borrower 10/20/08 to question status. 12/1/08 sent e-mail to borrower to
                                                                                                                   RCC Credit Facility, LCC                                                                                      advise FHFC would not make any adjustments to current SAIL interest
                                                                                                                                                                                                                                 due. 2/24/09 - sent e-mail to Ed Jennings requested status of
                                                                                                                                                                                                                                 payment.Spoke to associate in the office of Mr. Jennings to inquire about
                                                                                                                                                                                                                                 the past due payments, the response was they would discuss with Mr.
                                                                                                                                                                                                                                 Jennings and get back to me 3/20/09. Borrower non-responsive to
                                                                                                                                                                                                                                 collection efforts. 9/7/09 requested update for payment from borrower.


L. T. Clayton & Brothers Enterprises,   none                  Howard Park               Howard Park, Ltd.             L.T. Clayton and Brothers         SAIL 1998S-015    Dade       $214,144.00         First        FHDC       SAIL - Failure to submit the 2008 SR-1 form. Owes $6,424.32 for 2008
Inc.                                                                                                                  Enterprises, Inc.; Boston         HC 1997L-069                                                             SAIL Interest due 8/31/09 plus a 5% late charge of $321.22, totaling
Lovey T. Clayton                                                                                                      Capital Corp. Tax Credit Fund                                                                              $6,745.54. Owes $500 SAIL late filing fee for 2008 due 7/10/09. Owes 2
                                                                                                                      VII; Boston Capital Partners,                                                                              monthly escrow payments of $6,930.89, each due 8/31/09 & 9/30/09.
                                                                                                                      Inc.; Lovey Clayton; David                                                                                 Owes 1 replacement reserve payment of $333.33 due 9/30/09. Past due
                                                                                                                      Clayton; John Manning; Jeff                                                                                and reminder notices sent monthly, last sent 9/2/09. Late notice for
                                                                                                                      Goldstein, Karen Germano;                                                                                  Interest sent 9/17/09.
                                                                                                                      Boston Capital Finance, LLC;
                                                                                                                      Boston Capital Securities, Inc.
                                                                                                                      et al
                                                              Park Green                Park Green, Ltd.              Lovey Clayton; David Clayton      SAIL 1998S-014    Dade       $109,148.00         First        FHDC       SAIL - Failure to submit the 2008 SR-1 form. Owes $3,274.44 for 2008
                                                                                                                                                        HC 1997-L066                                                             SAIL Interest due 8/31/09 plus a 5% late charge of $163.72, totaling
                                                                                                                                                                                                                                 $3,438.16. Owes $500 SAIL late filing fee for 2008 due 7/10/09. Owes 2
                                                                                                                                                                                                                                 monthly escrow payments of $1,561.70 each due 8/31/09 & 9/30/09. Past
                                                                                                                                                                                                                                 due and reminder notices sent monthly, last sent 9/2/09. Late notice for
                                                                                                                                                                                                                                 Interest sent 9/17/09.
Lee County Housing Development Co. none                       Lee County Housing        Lee County Housing                                              PLP 2005-067       Lee       $100,000.00        Second       FHFC/SA     PLP - Loan matured 4/26/09. Borrower trying to sell remaining lot and
Treva Gilligan                                                                          Development Co.                                                                                                                          payoff loan. The loan balance as of 10/1/09 is $13,379.00 with one
                                                                                                                                                                                                                                 house built and awaiting sale. Demand letters sent monthly, last sent
                                                                                                                                                                                                                                 9/30/09
                                                                                                                                                                                                                                 9/30/09.

Leland Enterprises                      none                  Pasco Woods               Leland Enterprises            Pasco Woods Ltd, Alliant Tax SAIL 1999S-086        Pasco      $2,000,000.00       Second       SMG/SA      SAIL - Past due for SAIL Interest payment in the amount of $176,842.00.
Emily Badger                                                                                                          Credit Fund VI, Ltd., Pasco                                                                                The borrower has requested a workout agreement with FHFC and is in
                                                                                                                      Woods Inc., Alliant Tax Credit I                                                                           the process of negotiating the terms of that agreement with FHFC.
                                                                                                                      Inc.,

Lutheran Social Services of North       none                  Supportive Housing        Lutheran Social Services of                                     PLP 2003-061      Leon       $45,968.00         Second       FHFC/SA     PLP - Loan matured 9/6/09. Loan approved for additional one year
Florida, Inc.                                                                           North Florida, Inc.                                                                                                                      extension at the Sepetember Board meeting and the documents are in
James T. Freeman                                                                                                                                                                                                                 the process of modification.
Mannausa Development Company            none                  Centre Court Apartments   Centre Court on 53rd, Ltd.    Centre Court on 53Rd, Inc.;       SAIL 2001-049S   Manatee    $1,824,680.00       Second        FHDC       SAIL - Owes 1 monthly tax and insurance escrow payment of $19,603.53
Angela Perano                                                                                                         Thomas Mannausa                   2000-546C                                                                due 9/30/09.




                                                                                                                                                                                                                                                                                                               10/22/2009
                                                                                                                                                                                                                                                                                                                  2:26 PM
                                                                                                                                                                                                                                                                                                        As of 10/1/09
                                                                                                                                                                                                                                                                                                         Page 7 of 10


                                                                                                                                      FHFC
                                                                                                                                 Past Due Report
Developer                         Application Numbers   Property Name            Developer                   Affiliate/Financial            Funding Source(s)      County     Original Loan   Lien-Position   Servicer/   Comments
(Contact)                                                                                                    Beneficiary/Principal                                               Amount                        Trustee
NOAH Development                  137                   Doveland Villas          Noah Development            Noah Development               SAIL 1990S-001       Palm Beach   $1,118,000.00      Second       FHDC/SA     SAIL - Loan matured 4/16/08. Demand letters sent monthly, last sent
Corporation                                                                      Corporation                 Corporation; Thomas Roberts;                                                                                 9/30/09. Borrower is in negotiations for repayment of loan. Borrower
Thomas Roberts                                                                                               Edna Mcclendon; Norman                                                                                       provided statements for escrows and reserves showing June escrow
                                                                                                             Harrison; Laura Jackson;                                                                                     payments were remitted in July; escrow account is past due for July and
                                                                                                             Nancy Smith                                                                                                  August totaling $16,000.00. Servicer is awaiting receipt of September
                                                                                                                                                                                                                          statements. As of 10/1/2009, principal i/a/o $1,118,000.00 and
                                                                                                                                                                                                                          interest i/a/o $531,306.13 are due and payable.




North Florida Educational         none                  Lanier Oaks              North Florida Educational   North Florida Educational     SAIL 1998-049S         Gadsden     $1,430,000.00      Second        FHDC       SAIL - Owes $500 SAIL Late Filing Fee for 2007, due 7/16/08 and $500
Development Corp.                                                                Development Corp.           Development Corp.; Carolyn                                                                                   SAIL Late Filing fee for 2008 due 7/10/09. Owes 2004-2007 Servicing
Carolyn Ford                                                                                                 Ford; Tonjii Wiggins McGriff;                                                                                fees i/a/o $14,300.00 due 4/30/05-4/30/08, plus a 5% late fee of $727.52.
                                                                                                             Ora Green; Clarence Lewis;                                                                                   Owes 2005-2007 Compliance monitoring fees i/a/o $3,930.00 due
                                                                                                             Sarah Figgers; Lizzie Thomas;                                                                                4/30/06 - 4/30/08 plus a 5% late fee of $189.33. Owes 5% late fee of
                                                                                                             Elvelia Merjivar                                                                                             $55.00 for the 2007 Financial Monitoring fees due 4/30/08. Owes 2008
                                                                                                                                                                                                                          SAIL servicing fees of $5.985.00 plus a 5% late charge of $299.25 due
                                                                                                                                                                                                                          4/30/09. Owes 19 tax and insurance escrow payments of $1,922.38
                                                                                                                                                                                                                          each, due 3/31/08 - 9/30/09 (total due $36,525.22). Owes 2 replacement
                                                                                                                                                                                                                          reserve payments of $366.67 each due 8/31/09 & 9/30/09. Past due
                                                                                                                                                                                                                          notices sent monthly, last sent 9/2/09. Received Notice of Tax Deed sale
                                                                                                                                                                                                                          from FHFC. Per Gadsden County Tax Collector back taxes owed from
                                                                                                                                                                                                                          2001 to 2004 i/a/o $79,769.71; sale date set for 12/02/09 @ 10:00 a.m.



                                                        South Springs            North Florida Educational                                     PLP 1998-026       Gadsden     $410,573.21         First       FHFC/SA     PLP - Loan matured on 5/18/04. Demand letters sent monthly, last sent
                                                                                 Development Corporation                                                                                                                  3/31/09. Foreclosure filed 5/1/09 by FHFC. Hearing for summary
                                                                                                                                                                                                                          judgment set for 11/5/09.
Opa-Locha Community Development   none                  Westview Terrace         Opa-Locha Community                                           PLP 2000-026      Miami-Dade   $282,037.80         N/A         FHFC/SA     PLP - The PLP loan matured 7/18/06. As of 12/1/08 borrower has
Corporation, Inc.                                                                Development Corporation                                                                                                                  secured funding from Miami-Dade County and plans to payoff PLP in
Stephanie Williams-Baldwin                                                                                                                                                                                                2009. Demand letters sent monthly, last sent 9/30/09.
Ravenwood Apartments, LLC         none                  Ravenwood Apartments     Original owner was First    Doug Smith, sold to Frank and SAIL 1998S-001           Duval     $2,500,000.00       First       ACS/SA      SAIL- Failure to submit the annual SAIL Cash Flow reporting forms and
Doug Smith                                                                       Coast Family Housing        Debra Leotti, Ravenwood                                                                                      AFS for 2008, therefore, a $500 late fee was assessed. Failure to remit
                                                                                 Foundation, Inc.            Apartments, LLC                                                                                              the 8/31/09 annual SAIL interest of $75,000.00 per invoice #600124,
                                                                                                                                                                                                                          dated 7/31/09. Servicing fees of $9,110 for the 2008 are still outstanding.

Royal American Management         230, 231              Outrigger Village Apts                                                                 HOME 1992-007      Osceola     $2,017,730.00      Second         MMA       HOME - Quarterly interest payment i/a/o $15,257.36 due 10/1/09.
Joey Chapman                                                                                                                                                                                                              Payment received 10/5/09.

Shelter Corp.                     none                  Venetian Isles II        Trust Lake Park Two, Ltd.   Shelter Venetian Isles II, LLC;   MMRB 2002 D1 & D2 Palm Beach   $8,250,000.00       First        FHDC       BOND - Paid as of 10/6/09. Per Notice received from TTEE Borrower
Garret Carlson, Jr.                                                                                          Garret Carlson Jr.; Lynn          Guarantee                                                      US Bank     has not made the September payment i/a/o $48,065.29.
                                                                                                             Carlson Schell; Jay Jensen;       SAIL 2002-007S
                                                                                                             CHC Venetian Isles II, LLC;       HC 2003-519C
                                                                                                             Susan Landwehr; Norman
                                                                                                             "Happy" Nelson, Jr.; James
                                                                                                              Happy
                                                                                                             Montez; Richard Martin; Frank
                                                                                                             Bennett; Shelter Corporation;
                                                                                                             Community Housing
                                                                                                             Corporation of American, Inc.;
                                                                                                             John Hood; Janet Greene;
                                                                                                             Norman L Nelson; Shannon
                                                                                                             Hendricks




                                                                                                                                                                                                                                                                                                         10/22/2009
                                                                                                                                                                                                                                                                                                            2:26 PM
                                                                                                                                                                                                                                                                                                             As of 10/1/09
                                                                                                                                                                                                                                                                                                              Page 8 of 10


                                                                                                                                               FHFC
                                                                                                                                          Past Due Report
Developer                           Application Numbers            Property Name         Developer                    Affiliate/Financial            Funding Source(s)    County      Original Loan   Lien-Position   Servicer/   Comments
(Contact)                                                                                                             Beneficiary/Principal                                              Amount                       Trustee
Southport Financial Services Inc.   232, 233, 234, 235, 236, 237   Azalea Place          Southport Financial Services SP Azalea Place LP, SP         SAIL 1999-062S      Palm Beach    $600,000.00       Second         SMG       SAIL - Past Due i/a/o $ 277,436.00 for SAIL Interest Due 8/31/09. FHFC
Mary Thurman                                                                             Inc.                         Azalea Place GP Inc.,                                                                                       reveived restated Audit Financial Statenments on 9/18/09. After
                                                                                                                      Centerline Corporate Partners                                                                               reviewing the changes in the Audited Financial Statements a
                                                                                                                      XXXVII LP, Centerline                                                                                       revised SAIL Interest billing for $22,556.00 was sent to the
                                                                                                                      Corporate XXXVII SLP LLC                                                                                    borrower. Updated SAIL invoice and past due invoice was sent on
                                                                                                                                                                                                                                  10/12/09 which included a $1,127.80 late charge. Aggregate amount
                                                                                                                                                                                                                                  outstanding $23,683.80.                             Payment received
                                                                                                                                                                                                                                  10/14/09


Triad Housing Partner, LLC          none                           Colonial Park         Reflections Housing, Ltd.   THP Reflections Corporation;     SAIL 2002-111S      Broward     $2,000,000.00       Third        FHDC       SAIL - Owes $500 SAIL Late Filing fee for 2007, due 7/16/08. Owes
Oliver Pfeffer                                                                                                       Oliver Pfeffer; David Schultz;   HC 2002-542C                                                                2007 SAIL Interest of $69,693.00 due 12/15/08 plus a 5% late charge of
                                                                                                                     David Reich                                                                                                  $3,484.65, totaling $73,177.65. Owes 2008 SAIL servicing fees of
                                                                                                                                                                                                                                  $7,180.00 plus a 5% late charge of $359.00 due 4/30/09. On 2/25/09 the
                                                                                                                                                                                                                                  Borrower contacted FHFC to dispute owing interest for 2007. FHFC
                                                                                                                                                                                                                                  responded on 3/12/09 that they reviewed the issue and determined the
                                                                                                                                                                                                                                  2007 interest payment remains due as billed. Past due notice sent
                                                                                                                                                                                                                                  9/2/09. E-mailed and called the borrower on 7/28/09, 8/6/09 & 8/17/09
                                                                                                                                                                                                                                  requesting an update on past due items; no response as of 9/8/09.


                                                                   Meridian Apartments   Meridian Housing Limited    THP Meridian Corporation;        SAIL 2002-110S      Broward     $2,000,000.00       Third        FHDC       SAIL - Owes $500 SAIL Late Filing fee for 2007, due 7/16/08. Owes
                                                                                         Partnership                 Oliver Pfeffer; David Schultz;   HC2002-543C                                                                 2007 SAIL Interest of $71,091.00 due 8/31/08 plus a 5% late fee of
                                                                                                                     David Reich                                                                                                  $3,554.55, totaling $74,645.55. Owes 2008 SAIL servicing fees of
                                                                                                                                                                                                                                  $7,180.00 plus a 5% late charge of $359.00 due 4/30/09. Servicer
                                                                                                                                                                                                                                  contacted the borrower on 10/15/08 and was advised that the property is
                                                                                                                                                                                                                                  having cash flow issues. Servicer again requested payment on 12/2/08.
                                                                                                                                                                                                                                  The Borrower contacted FHFC on 2/25/09 to dispute owing 2007 SAIL
                                                                                                                                                                                                                                  interest. FHFC responded to Borrower on 3/12/09 that they reviewed the
                                                                                                                                                                                                                                  issue and determined the 2007 SAIL interest payment remains due as
                                                                                                                                                                                                                                  billed. Past due notice sent 9/2/09. e-mailed and called the borrower on
                                                                                                                                                                                                                                  7/28/09, 8/6/09 & 8/17/09 requesting an update on past due items, no
                                                                                                                                                                                                                                  response as of 9/8/09.
United Development Communities,     none                           UDC-AHRP              United Development                                           PLP 2003-048       Miami-Dade   $176,079.62         First       FHFC/SA     PLP - Loan matured 9/16/07. The PLP loan was approved for a six month
Inc.                                                                                     Communities, Inc.                                                                                               Second                   extension at the September Board meeting. FHFC purchased first
Priscilla H. Barker                                                                                                                                                                                                               mortgage and is in negotiations with borrower for sale of the two
                                                                                                                                                                                                                                  properties. Borrower sold one property on 12/12/08 and is continuing to
                                                                                                                                                                                                                                  market the other.
Universal Truth CDC                 none                           Universal Homes       Universal Homes CDC                                          PLP 2000-016       Miami-Dade    $42,974.00        Second       FHFC/SA     PLP - Loan matured 5/31/08. Demand letters sent monthly, last sent
Rose Mincey                                                                                                                                                                                                                       9/30/09. Borrower non-responsive.

Urban League of Greater Miami       94, 109                        Lakeview Apts         Lakeview Housing Limited    Urban League Housing             SAIL 1991S-033     Miami-Dade   $1,550,000.00      Second       MMA/SA      SAIL - Loan matured 2/25/08. March 2009 Board meeting approved
T. Willard Fair                                                                          Partnership/ULGM, Inc       Partners Inc                                                                                                 renegotiated and extended loan terms. Documents are in the process of
                                                                                                                                                                                                                                  modification. Matured notices sent monthly, last sent 9/30/09.
                                                                                                                                                                                                                                  As of 10/1/2009, principal i/a/o $1,550,000.00 and interest i/a/o
                                                                                                                                                                                                                                  $2,009,415.26are due and payable.




                                                                                                                                                                                                                                                                                                              10/22/2009
                                                                                                                                                                                                                                                                                                                 2:26 PM
                                                                                                                                                                                                                                                                                                       As of 10/1/09
                                                                                                                                                                                                                                                                                                        Page 9 of 10


                                                                                                                                      FHFC
                                                                                                                                 Past Due Report
Developer                       Application Numbers             Property Name     Developer                  Affiliate/Financial            Funding Source(s)     County      Original Loan    Lien-Position   Servicer/   Comments
(Contact)                                                                                                    Beneficiary/Principal                                               Amount                         Trustee
We Help CDC                     137                             Abidjan Estates   We Help CDC                                               PLP 2000-027         Palm Beach    $498,820.00         N/A         FHFC/SA     PLP - Loan matured 12/20/08. At the December 12, 2008 Board meeting
Dr. D.M. Walker                                                                   Dr. D.M. Walker                                           HLP                                                                            the PLP loan was extended to 9/13/09 but the extension documents were
                                                                                                                                                                                                                           not completed. The Board also approved the extension of the HLP funds
                                                                                                                                                                                                                           to 9/13/09 to allow time for the 20 units already completed or under
                                                                                                                                                                                                                           construction to be finished and sold and a pro rated amount of the PLP to
                                                                                                                                                                                                                           be paid from the sales. As of 10/1/09 the balance of the PLP loan is
                                                                                                                                                                                                                           $386,585. Demand letter sent 9/16/09.         As of 10/1/2009, principal
                                                                                                                                                                                                                           i/a/o $386,585.42 and interest i/a/o $63,525.54 are due and payable.




Wendover Housing Partners LLC   193, 194, 195, 196, 197 Todd    Whistler's Cove   Wendover Housing Partners, Affordable/Whistler's Cove   Bonds Series 1998 T-     Collier    $15,000,000.00       First         ACS       BOND - Failure to remit October, November, December 2008 i/a/o
Jonathan Wolf                   Borck                      213,                   Ltd.                       Ltd./Whistler's Cove Inc.,   1                                                                                ($120,040.20 per month) and January, February and March 2009 i/a/o
                                216 Jonathan Wolf                                                            Jonathan Wolf and Todd Borck                                                                                   $
                                                                                                                                                                                                                           ($157,096.33 per month) mortgage payments to the Trustee, less
                                                                                                                                                                                                                           $80,000 US Bank received and applied to escrow for a total of
                                                                                                                                                                                                                           $751,409.59. US Bank did draw on the Debt Service Reserve to make
                                                                                                                                                                                                                           the January 2009 debt service payment. The Trustee (US Bank) receive
                                                                                                                                                                                                                           $40,000 on each of the following dates, 1/14/09 and 2/17/09 and applied
                                                                                                                                                                                                                           the $80,000 to the Oct thru Jan escrows. On 5/18/09, ACS received
                                                                                                                                                                                                                           notification that Wells Fargo had taken over as Trustee from US Bank.
                                                                                                                                                                                                                           Wells Fargo says the transfer took place on 4/24/09. In May 2009, Wells
                                                                                                                                                                                                                           Fargo received $57,053.36 when they took over from US Bank and on
                                                                                                                                                                                                                           5/15/09 received another $40,000 from Wendover, it was applied it to the
                                                                                                                                                                                                                           Bond Fund. As of 7/13/09 Wells Fargo reported that Replacement
                                                                                                                                                                                                                           Reserves are current through June 2009; however, the payments for May
                                                                                                                                                                                                                           and June escrows were received but were subsequently reversed at the
                                                                                                                                                                                                                           direction of the sole bondholder. May and June escrow amounts are
                                                                                                                                                                                                                           $22,731.82 each, or $45,463.64 outstanding. There is an executed
                                                                                                                                                                                                                           Forbearance Agreement in place to facilitate negotiations to restructure
                                                                                                                                                                                                                           the bonds. Per the Trustee they suspect the bondholder will want this to
                                                                                                                                                                                                                           closed before the next bond payment on 1/1/2010. As of 9/8/09 Wells
                                                                                                                                                                                                                           Fargo reported the following shortages from 7/1/09, 7/15/09 adn 8/15/09:
                                                                                                                                                                                                                           Interest $435,428.63, Principal $106,666.00, Replacement Reserves
                                                                                                                                                                                                                           $6,940.44 and Escrow $45,463.64.        As of 10/1/09, $652,509.53 is
                                                                                                                                                                                                                           due and payable.




Wilson Company                  none                            Waverly           The Wilson Company, Inc    TWC Seventy -Four, Ltd., TWC MMRB MR2000C1&2 Palm Beach          $16,472,000.00       First         SMG       BOND - Borrower is past due for the debt service payment i/a/o
Brenda Storey                                                                                                Seventy-Four Partners, Ltd.,                                                                                  $146,201.07 due 10/1/09. Per the Trustee borrower has until the 5th
                                                                                                             Wachovia Affordable Housing                                                                                   business day before the payment is considered delinquent.
                                                                                                             Community Development
                                                                                                             Corporation.
                                                                Westwood          The Wilson Company, Inc    TWC Seventy -Five, Ltd., TWC MMRB                Lee             $14,245,000.00       First         SMG       BOND - Borrower is past due for the debt service payment i/a/o
                                                                                                             Seventy-Five Partners, Ltd.,                                                                                  $116,244.13 due 10/1/09. Per the Trustee borrower has until the 5th
                                                                                                             Wachovia Affordable Housing                                                                                   business day before the payment is considered delinquent.
                                                                                                             Community Development
                                                                                                             Corporation.
                                                                Woodridge         The Wilson Company, Inc    TWC Eighty-Seven, Ltd., TWC MMRB               Orange            $13,850,000.00       First         SMG       BOND - Borrower is past due for the debt service payment i/a/o
                                                                                                             Eighty-Seven Partners, Ltd.,                                                                                  $113,059.88 due 10/1/09. Per the Trustee borrower has until the 5th
                                                                                                             TCIG Guaranteed Tax Credit                                                                                    business day before the payment is considered delinquent.
                                                                                                             Fund II, LLC.




                                                                                                                                                                                                                                                                                                        10/22/2009
                                                                                                                                                                                                                                                                                                           2:26 PM
                                                                                                                                                                                                                                                                                          As of 10/1/09
                                                                                                                                                                                                                                                                                          Page 10 of 10


                                                                                                                       FHFC
                                                                                                                  Past Due Report
Developer                Application Numbers   Property Name   Developer                    Affiliate/Financial                  Funding Source(s)    County      Original Loan    Lien-Position   Servicer/   Comments
(Contact)                                                                                   Beneficiary/Principal                                                    Amount                        Trustee
Wilson Company, cont.                          Worthington     The Wilson Company, Inc      TWC Ninety, Ltd., TWC Ninety MMRB                        Palm Beach   $12,620,000.00       First         SMG       BOND - Borrower is past due for the debt service payment i/a/o
Brenda Storey                                                                               Partners, Ltd., SLP Inc.,            SAIL 1996S-022                                       Second                   $126,762.21 due 10/1/09. Per the Trustee borrower has until the 5th
                                                                                            Boston Financial Institutional                                                                                     business day before the payment is considered delinquent.
                                                                                            Tax Credits XI
Wilson Company, con.                           Wyndham         The Wilson Company, Inc      TWC Seventy-Six, Ltd., TWC MMRB                           Seminole    $12,980,000.00       First         SMG       BOND - Borrower is past due for the debt service payment i/a/o
Brenda Storey                                                                               Seventy-Six Partners, Ltd.,                                                                                        $106,523.95 due 10/1/09. Per the Trustee borrower has until the 5th
                                                                                            TCIG Guaranteed Tax Credit                                                                                         business day before the payment is considered delinquent.
                                                                                            Fund II, LLC.
Worthwhile Development   none                  Nelson Park     Worthwhile Development IV,   Worthwhile Development IV,           MMRB 2000A 1&2         Lake      $16,055,000.00       First        FHDC       MMRB - Trustee issued demand letter dated 8/17/09 for payments due
Jay Royall                                                     Ltd.                         Inc.; Nelson Park, LLC; Bryan HC 2001-522C                                                              BONY       7/1/09 i/a/o $138,088.86, 8/1/09 i/a/o $138,088.86 and 9/1/09 i/a/o
                                                                                            Townsend; Royall Construction Guarantee                                                                            $137,960.97. Interest began accruing on 7/15/09 i/a/o $69.04 per diem
                                                                                            of Florida I, Inc.; H.J. Royall, Jr.                                                                               on the July balance and on 8/17/09 i/a/o $69.04 per diem on the August
                                                                                                                                                                                                               balance. Borrower's failure to make timely payments under the Loan
                                                                                                                                                                                                               Documents resulted in Guarantee Program claim payment in full on
                                                                                                                                                                                                               September 14, 2009 and commencement of foreclosure. Full redemption
                                                                                                                                                                                                               of the bonds is scheduled to occur on 10/15/2009.


                                               Sarah's Place   Worthwhile Development II,   Worthwhile Development II,       MMRB/Guarantee             Lake      $14,380,000.00       First         SMG       BOND - Borrower past due for the 7/1/09, 8/1/09, and 9/1/09 debt service
                                                               Inc.                         Ltd.; Worthwhile Development
                                                                                                 ;                    p      1997 Series L                                                                     payments i/a/o $346764.07. 8/17/09 - Trustee sent out a default notice.
                                                                                                                                                                                                               p y             $
                                                                                            II, Inc.; Key Investment Fund                                                                                      Borrower's failure to make timely payments under the Loan Documents
                                                                                            Limited Partnership III; Key                                                                                       resulted in Guarantee Program claim payment in full on 9/14/09 and
                                                                                            Corp Housing Management,                                                                                           commencement of foreclosure. Full redemption of the bonds is
                                                                                            Inc.; Key Corp Investment,                                                                                         scheduled to occur on 10/15/09. Received payment for Extraordinary
                                                                                            LP; Key Bank Real Estate                                                                                           Servicing Invoice i/a/o $480.00 10/1/09.
                                                                                            Capital; H.J. Royall, Jr.




                                                                                                                                                                                                                                                                                           10/22/2009
                                                                                                                                                                                                                                                                                              2:26 PM

								
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