ProForma by niusheng11

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									                                                   SOURCES OF FUNDING

                         Project Name:                                                Date:

 If mixed use project, see comment                                RESIDENTIAL                                 COMMERCIAL
                                                                                              Anticipated            Anticipated or
                                          HOME                                                  or Firm                   Firm
                                          Match                                               Commitment             Commitment
           Funding Source                (check) Committed      Conditional     Tentative        Date     Commercial      Date

 GRANTS




                          Total Grants                      0              0             0

 LOANS

 CDBG
 Affordable Housing Fee
 Other


                                                            0              0             0




                                                            0              0             0




                          Total Loans                       0              0             0

 APPLICANT CONTRIBUTIONS

 Cash
 Deferred Development Fee


        Total Applicant Contribution                        0              0             0

 OTHER:

 Cashflow During Rehab


                  Total Other Funds                         0              0             0

                          SUBTOTALS                     $0                $0            $0                        $0

 TOTAL FUND SOURCES                                     $0
                                Surplus or Gap                  (Note: Total Fund Sources must match
                                                                "Total Project Cost" from Uses of Funding

 Other non-equity sources:
                             Permanent Loan                                             $0 (loan amount)
                          construction bridge loan                                         (loan amount)
                 Capitol needs assessment short term loan                                  (loan amount)
                             Operating subsidy
                           Predevelopment Loan                                                (loan amount)



2010 Funding Pro Forma                                             1                                              Updated 03/24/2010
                                                                USES OF FUNDING
                         Project Name:                                         0                                            Date:

                         Acq/Rehab                                         x
                         Setaside
                         Number of Units:
                         Residential Square Footage:
                         Common Areas:
                         Commercial/other
                         Total Square Footage:                                 0

                              If mixed use project, see comment                                      RESIDENTIAL

                                                                                       (A)                      Cost per Cost as
                                                                                    Original         Cost per   Square    % of
                                                                       Total       Application        Unit       Foot     Total

                         Acquisition Costs
                              Purchase Price:
                              Land and Improvements Acq. Bridge                                      #DIV/0!    #DIV/0!   #DIV/0!
                                                                               0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Liens and Other Taxes                                                  #DIV/0!    #DIV/0!   #DIV/0!
                              Closing/Recording                                                      #DIV/0!    #DIV/0!   #DIV/0!
                              Extension Fees                                   0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                           0                     #DIV/0!    #DIV/0!   #DIV/0!

                                         Acquisition Costs Subtotal:           0            $0       #DIV/0!    #DIV/0!   #DIV/0!

                         Construction Costs
                              Off-site Work                                    0                     #DIV/0!    #DIV/0!   #DIV/0!
                              On-site Work                                     0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Hazardous Materials Abatement                    0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Demolition                                       0                 0   #DIV/0!    #DIV/0!   #DIV/0!
                              Residential Building                             0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Commercial Space/Building                        0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Common Use Facilities                            0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Elevator                                         0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Laundry Facilities                               0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Storage/Garages                                  0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Landscaping                                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              General Conditions                               0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Builder's Risk Insurance                         0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Contractor Overhead                              0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Contractor Profit                                0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Contingency                                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              FF&E (Common Area Furnishings)                   0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Internet Wiring & Equipment                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Performance Bond                                 0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                           0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                           0                     #DIV/0!    #DIV/0!   #DIV/0!

                                     Construction Costs Subtotal:              0            $0       #DIV/0!    #DIV/0!   #DIV/0!

                         Development Costs
                              Land Use Approvals                               0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Building Permits/Fees                            0                     #DIV/0!    #DIV/0!   #DIV/0!
                              System Development Charges                       0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Market Study                                     0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Environmental Report                             0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Lead Based Paint Report                          0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Asbestos Report                                  0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Soils Report (Geotechnical)                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Survey                                           0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Marketing/Advertising                            0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Insurance                                        0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other: Utility carrying cost                     0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other: Future Utility Carrying                   0                 0   #DIV/0!    #DIV/0!   #DIV/0!

                         General Fees
                              Architectural                                    0                     #DIV/0!    #DIV/0!   #DIV/0!
                              SPD Architectural Review Fee                     0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Engineering                                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Legal/Accounting                                 0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Cost Certification                               0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Appraisals                                       0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Special Inspections/Testing                      0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Developer Fee                                    0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Consultant Fee                                   0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Lock Rate Fee                                    0                     #DIV/0!    #DIV/0!   #DIV/0!
                              3rd Party Constr Management Fee                  0                     #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                           0                 0   #DIV/0!    #DIV/0!   #DIV/0!


2010 Funding Pro Forma                                                 2                                                            Updated 03/24/2010
                                                               USES OF FUNDING
                         Project Name:                                           0                                        Date:

                         Acq/Rehab                                          x
                         Setaside
                         Number of Units:
                         Residential Square Footage:
                         Common Areas:
                         Commercial/other
                         Total Square Footage:                                   0

                              If mixed use project, see comment                                    RESIDENTIAL

                                                                                         (A)                  Cost per Cost as
                                                                                      Original     Cost per   Square    % of
                                                                        Total        Application    Unit       Foot     Total


                         Construction Loan Costs/Fees
                              Lender Inspection Fees                             0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Lender Title Insurance                             0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Lender Legal Fees                                  0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Loan Fees                                          0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Loan Closing Fees                                  0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Property Taxes (Constr Period)                     0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Insurance                                          0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Bridge Loan Fees
                              Bridge Loan Legal                                  0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Bridge Loan Trustee                                0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Bridge Loan Underwriting                           0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Permanent Loan Fees
                             Perm. Loan Fee                                      0                 #DIV/0!    #DIV/0!   #DIV/0!
                             Perm. Loan Closing Fees                             0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Tax Credit Fees
                              Tax Credit Fee                                     0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Tax Credit Cost Certification                      0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Tax Credit Legal/Advisor Fee                       0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Bond Issuance Fees
                              Cost of Bond Issuance                              0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Negative Arbitrage (1.50%)                         0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Bond Cost Certification                            0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                             0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Interest
                               Construction Period                               0                 #DIV/0!    #DIV/0!   #DIV/0!
                               Construction Bridge Loan                          0                 #DIV/0!    #DIV/0!   #DIV/0!
                               Other:                                            0                 #DIV/0!    #DIV/0!   #DIV/0!
                               Other:                                            0                 #DIV/0!    #DIV/0!   #DIV/0!

                         Reserves/Contingency
                              Lease Up/Operating                                 0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Development                                        0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Tenant Relocation                                  0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Deposit to Replacement Reserves                    0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Contigency Escrow Account (3%)                     0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                             0                 #DIV/0!    #DIV/0!   #DIV/0!
                              Other:                                             0                 #DIV/0!    #DIV/0!   #DIV/0!

                                     Development Costs Subtotal:                 0            $0   #DIV/0!    #DIV/0!   #DIV/0!

                              TOTAL PROJECT COST                                $0            $0   #DIV/0!    #DIV/0!   #DIV/0!

                         Surplus or Gap
                         Developers Fee Percentage                     #DIV/0!



                                                                          Total of the amount to be expended by Carryover Date
                                                                                                  Divided by Total Project Costs
                                                               Equals the percent of estimated cost expended by Carryover Date




2010 Funding Pro Forma                                                  3                                                          Updated 03/24/2010
HOUSING OPERATING BUDGET - INCOME

        Project Name:                 0
                  Date:
                  County:
ANNUAL Residential Income:                                           Annual Inflation Rate Factor:     2.00%
Rents based on:                 Actual Multifamily Tax Subsidy Incomes or                             National Non-Metropolitan Income Limits
                                 Gross                    Tenant           Net
                         Median Monthly                    Paid          Monthly
 Unit   Unit # of Square Income Rent Per                   Utility        Rent             Number
 Size   Type Baths Feet     %     Unit                     Allow         Per Unit          of Units                  1             2            3       4       5       10       15           20          30

        Bdr                      #N/A                 -              =          0   X 12        12       =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12         1       =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0
        Bdr                      #N/A                 -              =          0   X 12                 =                   0         0            0       0       0        0        0            0           0

SUB-TOTALS                                                                                      13       =                   0         0            0       0       0        0        0            0           0

Service Revenue:                                                                                             Total Annual Income

Medicaid-Resident Services (Averaged)                                                                                                  0            0       0       0        0        0            0           0
Private-Resident Services (Averaged)                                                                                                   0            0       0       0        0        0            0           0
Other:                                                                                                                                 0            0       0       0        0        0            0           0
Other:                                                                                                                                 0            0       0       0        0        0            0           0

Other Revenue:

Laundry                                                                                                                      0         0            0       0       0        0        0            0           0
Garage/Parking                                                                                                                         0            0       0       0        0        0            0           0
Deposits on Turnover                                                                                                                   0            0       0       0        0        0            0           0
Commercial Space:                                                                                                                      0            0       0       0        0        0            0           0
Cable TV                                                                                                                               0            0       0       0        0        0            0           0
Interest Income                                                                                                                        0            0       0       0        0        0            0           0
Application Fees                                                                                                                       0            0       0       0        0        0            0           0
Guest Meals                                                                                                                            0            0       0       0        0        0            0           0
Internet Access Fees                                                                                                                   0            0       0       0        0        0            0           0
Other:                                                                                                                                 0            0       0       0        0        0            0           0

SUB-TOTAL OTHER REVENUE                                                                                                      0         0            0       0       0        0        0            0           0

Gross Income:                                                                                                                0         0            0       0       0        0        0            0           0

Less Vacancy Rate                  10%                                                                                       0         0            0       0       0        0        0            0           0

Effective Gross Income:                                                                                                   0            0            0       0       0        0        0            0           0

Note: Projects that provide care services (e.g., Assisted Living Facilities) need to delineate the service levels and


 2010 Funding Pro Forma                                                                                                  4                                                                Updated 03/24/2010
HOUSING OPERATING BUDGET - INCOME

        Project Name:               0
                  Date:
                  County:
ANNUAL Residential Income:                                       Annual Inflation Rate Factor:    2.00%
Rents based on:               Actual Multifamily Tax Subsidy Incomes or                          National Non-Metropolitan Income Limits
                                Gross                 Tenant          Net
                        Median Monthly                 Paid         Monthly
Unit   Unit # of Square Income Rent Per                Utility       Rent            Number
Size   Type Baths Feet     %     Unit                  Allow        Per Unit         of Units                 1            2               3   4   5   10   15       20          30

anticipated revenue as well as the basic monthly rents on a separate page.




 2010 Funding Pro Forma                                                                                           5                                              Updated 03/24/2010
HOUSING OPERATING BUDGET - EXPENSES

            Project Name:                0

            Date:                                           Annual Inflation Rate Factor:      3.00%

                                             Annual per
Annual Operating Expenses                       Unit               1             2            3             4             5             10            15            20            30

Insurance                                               0                               0             0             0             0             0             0             0             0

Utilities:(common areas)
              Gas/Oil                                   0                               0             0             0             0             0             0             0             0
              Electric                                  0                               0             0             0             0             0             0             0             0
              Water & Sewer                             0                               0             0             0             0             0             0             0             0
              Garbage Removal                           0                               0             0             0             0             0             0             0             0
              Cable TV                                  0                               0             0             0             0             0             0             0             0

Repairs                                                 0                               0             0             0             0             0             0             0             0
General Maintenance                                     0                               0             0             0             0             0             0             0             0
Landscape Maintenance                                   0                               0             0             0             0             0             0             0             0
Replacement Reserve                                     0                               0             0             0             0             0             0             0             0

Property Management:
           On-site                                      0                               0             0             0             0             0             0             0             0
           Contracted (Off-Site)                        0                               0             0             0             0             0             0             0             0

Professional Services:
             Resident Services                          0                               0             0             0             0             0             0             0             0
             Case Management                            0                               0             0             0             0             0             0             0             0
             Legal                                      0                               0             0             0             0             0             0             0             0
             Accounting                                 0                               0             0             0             0             0             0             0             0
             Compliance Monitoing Fees                  0                               0             0             0             0             0             0             0             0

Office & Administration                                 0                               0             0             0             0             0             0             0             0
Advertising/Marketing & Promotion                       0                               0             0             0             0             0             0             0             0
Unit Turnover                                           0                               0             0             0             0             0             0             0             0
Taxes(non-real estate)                                  0                               0             0             0             0             0             0             0             0
Real Estate Taxes                                       0                               0             0             0             0             0             0             0             0
Payroll Taxes                                           0                               0             0             0             0             0             0             0             0
Internet Connection Fee                                 0                               0             0             0             0             0             0             0             0
Other:                                                  0                               0             0             0             0             0             0             0             0
Other:                                                  0                               0             0             0             0             0             0             0             0

Total Annual Operating Expenses:                        0                0              0             0             0             0             0             0             0             0

Less Debt Service:

Permanent loan
Rate       Term (Years) Loan Amount
                                              #DIV/0!                    0              0             0             0             0             0             0             0             0
Permanent loan
Rate       Term (Years) Loan Amount
                     1              0                   0                0              0             0             0             0             0             0             0             0

Portion of perm loan w/o (if applicable)
                                              #DIV/0!                    0              0             0             0             0             0             0             0             0
Deferred Developer Fee
Rate       Term (Years) Loan Amount
                      1                                 0                0              0             0             0             0             0             0             0             0
Amortized Debt (CDBG Loan,
Affordable Housing Fee Loans, etc.) &
Cashflow Loans
Rate        Term (Years) Loan Amount
                       1                                0                0              0             0             0             0             0             0             0             0
                       1                                0                0              0             0             0             0             0             0             0             0
                       1                                0                0              0             0             0             0             0             0             0             0

WITHOUT CITY ASSISTANCE

Effective Gross Income:                                 0                0              0             0             0             0             0             0             0             0
Total Annual Operating Expenses:                        0                0              0             0             0             0             0             0             0             0
Net Operating Income:                                   0                0              0             0             0             0             0             0             0             0
Primary Debt Service                          #DIV/0!                    0              0             0             0             0             0             0             0             0
Total Debt Service                            #DIV/0!                    0              0             0             0             0             0             0             0             0
Cash Flow Per Year                            #DIV/0!                    0              0             0             0             0             0             0             0             0
Primary Debt Coverage Ratio                   #DIV/0!          #DIV/0!        #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!
Total Debt Coverage Ratio                     #DIV/0!          #DIV/0!        #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!



     2010 Funding Pro Forma                                                                   5                                                                   Updated 03/24/2010
HOUSING OPERATING BUDGET - EXPENSES

           Project Name:           0

           Date:                                      Annual Inflation Rate Factor:      3.00%

                                       Annual per
Annual Operating Expenses                 Unit               1             2            3             4             5             10            15            20            30

WITH CITY ASSISTANCE

Effective Gross Income:                 #DIV/0!                    0              0             0             0             0             0             0             0             0
Total Annual Operating Expenses:                  0                0              0             0             0             0             0             0             0             0
Net Operating Income:                   #DIV/0!                    0              0             0             0             0             0             0             0             0
Primary Debt Service                    #DIV/0!                    0              0             0             0             0             0             0             0             0
Total Debt Service:                     #DIV/0!                    0              0             0             0             0             0             0             0             0
Cash Flow Per Year:                     #DIV/0!                    0              0             0             0             0             0             0             0             0
Primary Debt Coverage Ratio:            #DIV/0!          #DIV/0!        #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!
Total Debt Coverage Ratio:              #DIV/0!          #DIV/0!        #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!




     2010 Funding Pro Forma                                                             6                                                                   Updated 03/24/2010
                                UTILITY ALLOWANCE INFORMATION

                     Project Name:             0             Date:

                       TYPE OF
                        UTILITY
                      (Gas, elec.,    OWNER        TENANT                    2
  UTILITIES             Oil,etc.)      PAYS         PAYS     0 BDRM 1 BDRM BDRM 3 BDRM 4 BDRM

  Heating
  Lighting
  Air Conditioning
  Cooking
  Hot Water
  Water
  Sewer
  Trash Removal

  TOTAL UTILITY
  ALLOWANCE                                                          0        0        0           0         0


  Source of Utility Allowance Calculation: (Attach a Copy)

                     Local Housing Authority
                     Utility Company
                     Other

  If allowances are calculated by other methods, attach the appropriate schedule and include
  unit rents, number of bedrooms, and allowances




2010 Funding Pro Forma                                  7                                      Updated 03/24/2010
        COMMERCIAL OPERATING BUDGET - INCOME

                  Project Name:           0
                            Date:

         Annual Inflation Rate Factor: 2.00%

        ANNUAL Commercial Income:
                                               1       2   3   4   5   10   15   20          30

        Commercial Income:                             0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0
        Other:                                         0   0   0   0   0    0    0           0

        TOTAL COMMERCIAL REVENUE               0       0   0   0   0   0    0    0           0

        Less Vacancy Rate              10%     0       0   0   0   0   0    0    0           0

        Effective Gross Income:                0       0   0   0   0   0    0    0           0




2010 Funding Pro Forma                             8                             Updated 03/24/2010
COMMERCIAL OPERATING BUDGET - EXPENSES

            Project Name:              0

            Date:                          Annual Inflation Rate Factor:      3.00%

ANNUAL Operating Expenses                      1                2            3             4             5             10            15              20            30

Insurance                                                              0             0             0             0             0             0               0             0

Utilities:(common areas)
              Gas/Oil                                                  0             0             0             0             0             0               0             0
              Electric                                                 0             0             0             0             0             0               0             0
              Water & Sewer                                            0             0             0             0             0             0               0             0
              Garbage Removal                                          0             0             0             0             0             0               0             0

Repairs                                                                0             0             0             0             0             0               0             0
General Maintenance                                                    0             0             0             0             0             0               0             0
Landscape Maintenance                                                  0             0             0             0             0             0               0             0
Replacement Reserve                                                    0             0             0             0             0             0               0             0

Property Management:
            On-site                                                    0             0             0             0             0             0               0             0
            Contracted (Off-Site)                                      0             0             0             0             0             0               0             0

Professional Services:
             Legal                                                     0             0             0             0             0             0               0             0
             Accounting                                                0             0             0             0             0             0               0             0

Office & Administration                                                0             0             0             0             0             0               0             0
Advertising/Marketing & Promotion                                      0             0             0             0             0             0               0             0
Turnover                                                               0             0             0             0             0             0               0             0
Taxes(non-real estate)                                                 0             0             0             0             0             0               0             0
Real Estate Taxes                                                      0             0             0             0             0             0               0             0
Payroll Taxes                                                          0             0             0             0             0             0               0             0
Other:                                                                 0             0             0             0             0             0               0             0
Other:                                                                 0             0             0             0             0             0               0             0

Total Annual Operating Expenses:                       0               0             0             0             0             0             0               0             0

Less Debt Service:

Permanent loan
Rate        Term (Years) Loan Amount
                        1                              0               0             0             0             0             0             0               0             0
Deferred Developer Fee
Rate        Term (Years) Loan Amount
                        1                              0               0             0             0             0             0             0               0             0
Amortized Debt (CDBG Loan,
Affordable Housing Fee Loan,
Partnership Loans,etc.) & Cashflow
Rate        Term (Years) Loan Amount
                        1                              0               0             0             0             0             0             0               0             0
                        1                              0               0             0             0             0             0             0               0             0
                        1                              0               0             0             0             0             0             0               0             0


Effective Gross Income:                                0               0             0             0             0             0             0               0             0
Total Annual Operating Expenses:                       0               0             0             0             0             0             0               0             0
Net Operating Income:                                  0               0             0             0             0             0             0               0             0
Primary Debt Service                                   0               0             0             0             0             0             0               0             0
Total Debt Service                                     0               0             0             0             0             0             0               0             0
Cash Flow Per Year                                     0               0             0             0             0             0             0               0             0
Primary Debt Coverage Ratio                 #DIV/0!          #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!         #DIV/0!       #DIV/0!
Total Debt Coverage Ratio                   #DIV/0!          #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!       #DIV/0!         #DIV/0!       #DIV/0!




       2010 Funding Pro Forma                                                        9                                                           Updated 03/24/2010
                                                              Pro Forma Summary

                  Project Name:                                           0                       Date:

                                         Number of Units:                 0
                                                                                % of Total Sq.
                                  Square Footage:                                    Foot
                                            Residential:                  0        #DIV/0!
                                         Common Areas:                    0        #DIV/0!
                                      Commercial/Other:                   0        #DIV/0!
                                  Total Square Footage:                   0        #DIV/0!

                  Total Residential Project Cost:
                                                                               Percent of Total   Total Cost Per Total Cost Per
                                                          Total in Dollars      Project Costs          Unit         Sq. Foot
                                       Acquisition Costs:               $0         #DIV/0!           #DIV/0!        #DIV/0!
                                      Construction Costs:               $0         #DIV/0!           #DIV/0!        #DIV/0!
                                     Development Costs:                 $0         #DIV/0!           #DIV/0!        #DIV/0!
                                    Total Project Costs :               $0         #DIV/0!           #DIV/0!        #DIV/0!
                  Construction:
                                                                                 Percent of
                                                                                Construction         Per Unit        Per Sq. Foot
                               Builder General Conditions                $0       #DIV/0!            #DIV/0!           #DIV/0!
                                        Builder Overhead                 $0       #DIV/0!            #DIV/0!           #DIV/0!
                                             Builder Profit              $0       #DIV/0!            #DIV/0!           #DIV/0!
                                    Total Builder GC/O/P                 $0       #DIV/0!            #DIV/0!           #DIV/0!

                             Construction Contingency                    $0        #DIV/0!           #DIV/0!           #DIV/0!

                                          Architect's Fee                $0        #DIV/0!
                  Development Cost:
                                                                                 Percent of
                                                                                Development          Per Unit        Per Sq. Foot
                             Development Contingency                     $0       #DIV/0!            #DIV/0!           #DIV/0!

                                                                               Percent of Total
                                                          Total in Dollars      Project Costs
                                 5 % Max for Acquisition:               $0         #DIV/0!           #DIV/0!           #DIV/0!
                                 Max New Const/Rehab:                   $0         #DIV/0!           #DIV/0!           #DIV/0!
                               15% Max Developer Fee:                   $0         #DIV/0!

                                        Developer Fee:                   $0        #DIV/0!           #DIV/0!           #DIV/0!
                                        Consultant Fee                   $0        #DIV/0!           #DIV/0!           #DIV/0!
                    Minimum Required Non-Profit Share of
                          Developer Fee: (If Applicable)                 $0        #DIV/0!           #DIV/0!           #DIV/0!
                                   Total Developer Fee                   $0        #DIV/0!           #DIV/0!           #DIV/0!
                                     Total Deferred Fee                  $0        #DIV/0!           #DIV/0!           #DIV/0!
                            Total Cash Developer Fee:                    $0        #DIV/0!           #DIV/0!           #DIV/0!

                  Operating Income & Expense:
                                               Income:                        Percent of EGI         Per Unit        Per Sq. Foot
                          EGI without CITY ASSISTANCE                    0                           #DIV/0!           #DIV/0!
                            EGI with CITY ASSISTANCE            #REF!                                 #REF!             #REF!

                    Cash Flow without CITY ASSISTANCE                    0         #DIV/0!           #DIV/0!           #DIV/0!
                      Cash Flow with CITY ASSISTANCE                     0         #REF!             #DIV/0!           #DIV/0!

                                              Expenses:
                                  Total Op Expenses/Unit                 $0        #DIV/0!                      $0     #DIV/0!
                                        Less property tax                $0        #DIV/0!                      $0     #DIV/0!
                                   Less resident services                $0        #DIV/0!                      $0     #DIV/0!
                                         Net Op Exp/Unit                 $0        #DIV/0!           #DIV/0!           #DIV/0!

                                                                               Percent EGI w/o    Percent EGI w
                                                                                    CITY              CITY
                                   On Site Mgmt Fee/Unit                 $0        #DIV/0!            #REF!
                                   Off Site Mgmt Fee/Unit                $0        #DIV/0!            #REF!
                                    Total Mgmt Fee/Unit                  $0        #DIV/0!            #REF!

                                           Repairs/Unit                  $0        #DIV/0!            #REF!
                                       Maintenance/Unit                  $0        #DIV/0!            #REF!
                           Total Repairs and Maint/Unit                  $0        #DIV/0!            #REF!
                                  Replacement Reserve                    $0        #DIV/0!            #REF!



2010 Funding Pro Forma                                              10                                                           Updated 03/24/2010
                  CITY ASSISTANCE:
                                                                              Annual Per Unit   Per Unit   Per Sq. Foot
                                     Annual Passthrough:     #REF!                 #REF!         #REF!        #REF!
                                     Actual Passthrough:     #REF!                 #REF!         #REF!        #REF!
                                             Over/Under:     #REF!                 #REF!         #REF!        #REF!


                  Snapshot:
                                Construction Costs/Sq Ft:    #DIV/0!
                   Development Costs % of Project Costs:     #DIV/0!
                                 Total Builder GC/O&P %:     #DIV/0!
                              Construction Contigency %:     #DIV/0!
                                          Architect Fee %:   #DIV/0!
                            Development Contingency %:       #DIV/0!
                                  Total Developer Fee %:     #DIV/0!
                           Total Cash Developers Fee %:      #DIV/0!
                 Cash Flow without CITY ASSISTANCE %:        #DIV/0!
                   Cash Flow with CITY ASSISTANCE %:         #REF!
                                         Net Op Exp/Unit:    #DIV/0!
                                     Total Mgmt Fee/Unit:                $0
                            Total Repairs and Maint/Unit:                $0
                                   Replacement Reserve:        $0




2010 Funding Pro Forma                                              11                                              Updated 03/24/2010
                                       PROJECT SUMMARY

           Project Name:                                          0

           Date:
           County                               0

                                           SOURCES

           Equity                                               $0
           City of Bend Loans                                   $0
           NON-City of Bend Grants                              $0
           NON-City of Bend Loans                               $0
           Applicant Ccontributions                             $0
           Other Funds                                          $0

           TOTAL FUNDING SOURCE                                 $0

                                             USES

           Acquistion                                           $0
           Construction/Rehab                                   $0
           Development Costs                                    $0

           Total                                                $0

                                  FIRST YEAR INCOME & EXPENSES

                                                W/O City Assistance With City Assistance

           Rental Income                                         0                    0
           Other Income                                          0                    0
           Gross Potential Income                                0                    0
           Less Vacancy                                          0                    0
           Effective Gross Income                                0                    0
           Annual Operating Expenses                             0                    0
           Net Operating Income                                  0                    0
           Annual Debt Service                                   0                    0
           Primary Debt Coverage                      #DIV/0!             #DIV/0!




2010 Funding Pro Forma                         12                                Updated 03/24/2010
HOUSING OPERATING BUDGET - INCOME WITH CITY ASSISTANCE

        Project Name:                 0
                  Date:
                  County:                          0
ANNUAL Residential Income:                                            Annual Inflation Rate Factor: 2.00%
LIHTC Rents based on:                     Actual Multifamily Tax Subsidy Incomes or                         National Non-Metropolitan Income Limits
                                 Gross                     Tenant           Net
                         Median Monthly                     Paid          Monthly
 Unit   Unit # of Square Income Rent Per                    Utility        Rent             Number
 Size   Type Baths Feet     %     Unit                      Allow         Per Unit          of Units             1            2           3           4       5       10       15          20           30

        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0
        Bdr                      #N/A                  -              =          0   X 12              =              0           0            0          0       0        0        0           0            0

SUB-TOTALS                                                                                             =              0           0            0          0       0        0        0           0            0

Service Revenue:                                                                                       Total Annual Income

Medicaid-Resident Services (Averaged)                                                                                             0            0          0       0        0        0           0            0
Private-Resident Services (Averaged)                                                                                              0            0          0       0        0        0           0            0
Other:                                                                                                                            0            0          0       0        0        0           0            0
Other:                                                                                                                            0            0          0       0        0        0           0            0

Other Revenue:

Laundry                                                                                                                           0            0          0       0        0        0           0            0
Garage/Parking                                                                                                                    0            0          0       0        0        0           0            0
Deposits on Turnover                                                                                                              0            0          0       0        0        0           0            0
Commercial Space:                                                                                                                 0            0          0       0        0        0           0            0
Cable TV                                                                                                                          0            0          0       0        0        0           0            0
Interest Income                                                                                                                   0            0          0       0        0        0           0            0
Application Fees                                                                                                                  0            0          0       0        0        0           0            0
Guest Meals                                                                                                                       0            0          0       0        0        0           0            0
Internet Access Fee                                                                                                               0            0          0       0        0        0           0            0
Other:                                                                                                                            0            0          0       0        0        0           0            0

SUB-TOTAL OTHER REVENUE                                                                                               0           0            0          0       0        0        0           0            0

Gross Income:                                                                                                         0           0            0          0       0        0        0           0            0

Less Vacancy Rate                  10%                                                                                0           0            0          0       0        0        0           0            0

Effective Gross Income:                                                                                               0           0            0          0       0        0        0           0            0

Note: Projects that provide care services (e.g., Assisted Living Facilities) need to delineate the service levels and


2010 Funding Pro Forma                                                                                               14                                                                 Updated 03/24/2010
HOUSING OPERATING BUDGET - INCOME WITH CITY ASSISTANCE

        Project Name:               0
                  Date:
                  County:                        0
ANNUAL Residential Income:                                       Annual Inflation Rate Factor: 2.00%
LIHTC Rents based on:                   Actual Multifamily Tax Subsidy Incomes or                      National Non-Metropolitan Income Limits
                                Gross                 Tenant          Net
                        Median Monthly                 Paid         Monthly
Unit   Unit # of Square Income Rent Per                Utility       Rent           Number
Size   Type Baths Feet     %     Unit                  Allow        Per Unit        of Units                1            2           3           4   5   10   15      20           30

anticipated revenue as well as the basic monthly rents on a separate page.




2010 Funding Pro Forma                                                                                          15                                                 Updated 03/24/2010
                                                  PAYMENTS COMPUTED ANNUALLY
                                                   RENT REDUCTION CALCULATION

 Project Name:                 0
          Date:

                                                WITH OAHTC                 W/O OAHTC

 LOAN AMOUNT:                                            $0
 INTEREST RATE:                                     -4.000%
 NUMBER OF YEARS TO AMORTIZE:                              1                               1
 NUMBER OF YEARS TAX CREDITS TAKEN:                        1                               1
 MONTHLY PAYMENT AMOUNT:                                 $0                              $0
 INTEREST RATE REDUCTION:                             4.00%
 TOTAL TAX CREDIT ALLOWED:                               $0
 NUMBER OF UNITS:                                          1
 RENT REDUCTION UNIT/MONTH:                              $0
 ANNUAL RENT PASS THROUGH:                               $0


 Required OAHTC Annual Pass Through                         0          0
 Actual OAHTC Annual Pass Through                          0           0
 Amount over/under required pass through                   0           0


                  LOAN AMORTIZATION                                             MAXIMUM ANNUAL TAX CREDIT

                                                ENDING                       PRINCIPAL         AVERAGE    AVERAGE      TAX
     YEAR         INTEREST         PRINCIPAL    BALANCE         YEAR         REDUCTION         INTEREST   BALANCE     CREDIT


       1                      $0           $0             $0     1                       $0          $0         $0          $0




2010 Funding Pro Forma                                          15                                             Updated 03/24/2010
                 OREGON HOUSING AND COMMUNITY SERVICES
               2009 RENTS FOR LIHTC & BOND FINANCING
                                     Low-income rents by county or MSA as of March 19, 2009
                                     Based on HUD's published Multifamily Tax Subsidy Income Limits
                                     Using 1 person for 0 bedroom and 1.5 persons per bedroom for 1-4 bedroom units
                                     Deduct utility allowances from these rents to get gross allowable rents
                                     Consult tax advisor to assure your management plan's compliance with program
                                     Income limits by county (or non-PMSA average if greater)
                                     Affordable rents are defined as 30% of income, including tenant paid utilities

                If your project is located in a rural area as defined by USDA RHS*, you qualify to use national non-metropolitan income limits, available at OHCS website**.
              *USDA RHS: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property@12
                   **OHCS: http://www.ohcs.oregon.gov/OHCS/HPM_income_rent_limits.shtml

                                     30% MEDIAN INCOME RENTS                                                    35% MEDIAN INCOME RENTS                                                    40% MEDIAN INCOME RENTS                             45% MEDIAN INCOME RENTS                         50% MEDIAN INCOME RENTS                                55% MEDIAN INCOME RENTS                             60% MEDIAN INCOME RENTS
COUNTY              0 BDR        1 BDR     2 BDR    3 BDR    4 BDR                 5 BDR        0 BDR       1 BDR     2 BDR    3 BDR    4 BDR                  5 BDR           0 BDR   1 BDR     2 BDR    3 BDR    4 BDR   5 BDR   0 BDR   1 BDR     2 BDR    3 BDR    4 BDR   5 BDR   0 BDR    1 BDR     2 BDR   3 BDR   4 BDR   5 BDR   0 BDR   1 BDR     2 BDR    3 BDR    4 BDR   5 BDR   0 BDR   1 BDR     2 BDR    3 BDR    4 BDR   5 BDR

BAKER                    262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
BENTON                   372        398         478          552          616         680          434         464          557          644         718          793            496     530      637      736       821     906     558     597      716          828   923   1,020     620      663      796      920   1,026   1,133     682     729      876     1,012    1,129   1,246     744     796      955     1,104    1,231   1,360
CLACKAMAS                367        394         472          546          609         672          428         459          551          637         711          784            490     525      630      728       812     896     551     590      708          819   914   1,008     612      656      787      910   1,015   1,120     673     722      866     1,001    1,117   1,232     734     787      944     1,092    1,218   1,344
CLATSOP                  292        313         375          433          484         533          340         365          438          505         564          622            389     417      500      578       645     711     437     469      563          650   725     800     486      521      625      722     806     889     535     573      688       794      887     978     583     625      750       866      967   1,067
COLUMBIA                 367        394         472          546          609         672          428         459          551          637         711          784            490     525      630      728       812     896     551     590      708          819   914   1,008     612      656      787      910   1,015   1,120     673     722      866     1,001    1,117   1,232     734     787      944     1,092    1,218   1,344
COOS                     262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
CROOK                    268        288         346          399          445         491          313         336          403          466         519          573            358     384      461      532       594     655     402     432      518          599   668     737     447      480      576      665     742     819     492     528      634       732      816     901     536     576      691       798      890     983
CURRY                    262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
DESCHUTES                334        357         429          495          553         609          389         417          501          578         645          711            445     476      572      660       737     812     500     536      644          743   829     914     556      595      715      825     921   1,015     612     655      787       908    1,013   1,117     667     714      858       990    1,105   1,218
DOUGLAS                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
GILLIAM                  274        293         352          406          453         500          319         342          410          474         529          583            365     390      469      542       604     666     410     439      527          609   680     750     456      488      586      677     755     833     502     537      645       745      831     916     547     586      703       812      906   1,000
GRANT                    262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
HARNEY                   262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
HOOD RIVER               273        292         351          406          452         499          319         341          410          473         527          582            364     390      468      541       602     665     410     438      527          608   678     748     455      487      585      676     753     831     501     536      644       744      828     914     546     584      702       811      904     997
JACKSON                  291        311         374          432          482         532          340         363          436          504         562          620            388     415      498      576       642     709     437     467      561          648   723     797     485      519      623      720     803     886     534     571      685       792      883     975     582     623      748       864      964   1,063
JEFFERSON                262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
JOSEPHINE                262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
KLAMATH                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
LAKE                     262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
LANE                     300        322         386          446          498         549          350         375          450          520         581          641            400     429      514      594       664     732     450     482      579          669   747     824     500      536      643      743     830     915     550     590      707       817      913   1,007     600     643      772       892      996   1,098
LINCOLN                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
LINN                     288        308         370          427          477         526          336         359          431          498         557          613            384     410      493      570       636     701     432     462      554          641   716     788     480      513      616      712     795     876     528     564      678       783      875     964     576     616      739       854      954   1,051
MALHEUR                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
MARION                   305        327         393          454          506         559          356         382          459          529         590          652            406     436      524      605       674     745     457     491      590          680   759     838     508      545      655      756     843     931     559     600      721       832      927   1,024     610     654      786       907    1,012   1,117
MORROW                   268        288         346          399          445         491          313         336          403          466         519          573            358     384      461      532       594     655     402     432      518          599   668     737     447      480      576      665     742     819     492     528      634       732      816     901     536     576      691       798      890     983
MULTNOMAH                367        394         472          546          609         672          428         459          551          637         711          784            490     525      630      728       812     896     551     590      708          819   914   1,008     612      656      787      910   1,015   1,120     673     722      866     1,001    1,117   1,232     734     787      944     1,092    1,218   1,344
POLK                     305        327         393          454          506         559          356         382          459          529         590          652            406     436      524      605       674     745     457     491      590          680   759     838     508      545      655      756     843     931     559     600      721       832      927   1,024     610     654      786       907    1,012   1,117
SHERMAN                  280        299         360          416          463         512          326         349          420          485         540          597            373     399      480      554       618     682     419     449      540          624   695     768     466      499      600      693     772     853     513     549      660       762      849     938     559     599      720       832      926   1,024
TILLAMOOK                267        286         343          396          442         488          312         333          400          462         515          569            356     381      457      528       589     650     401     428      514          594   662     732     445      476      571      660     736     813     490     524      628       726      810     894     534     571      685       792      883     976
UMATILLA                 274        293         352          407          454         501          319         342          411          475         530          585            365     391      470      542       606     668     410     440      528          610   681     752     456      489      587      678     757     835     502     538      646       746      833     919     547     587      704       814      908   1,002
UNION                    277        296         355          411          458         506          323         346          414          480         534          590            369     395      474      548       610     674     415     445      533          617   687     759     461      494      592      685     763     843     507     543      651       754      839     927     553     593      710       822      916   1,012
WALLOWA                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
WASCO                    278        298         358          413          461         509          324         347          417          482         538          594            370     397      477      550       614     678     417     446      536          619   691     763     463      496      596      688     768     848     509     546      656       757      845     933     556     595      715       826      922   1,018
WASHINGTON               367        394         472          546          609         672          428         459          551          637         711          784            490     525      630      728       812     896     551     590      708          819   914   1,008     612      656      787      910   1,015   1,120     673     722      866     1,001    1,117   1,232     734     787      944     1,092    1,218   1,344
WHEELER                  262        281         337          390          435         480          306         328          393          455         508          560            350     374      450      520       580     640     393     421      506          585   653     720     437      468      562      650     725     800     481     515      618       715      798     880     524     562      674       780      870     960
YAMHILL                  367        394         472          546          609         672          428         459          551          637         711          784            490     525      630      728       812     896     551     590      708          819   914   1,008     612      656      787      910   1,015   1,120     673     722      866     1,001    1,117   1,232     734     787      944     1,092    1,218   1,344




2010 Funding Pro Forma                                                                                                                                                                                                                                      7-16                                                                                                                                                                                  Updated 03/24/2010
                     OREGON HOUSING AND COMMUNITY SERVICES
                               HOME PROGRAM RENTS

                         FY 2009 Fair Market Rents as of 10/01/08
                         2009 HOME Program Rents, effective April 27, 2009

MSA / County                         Studio   1 Bdrm    2 Bdrm   3 Bdrm      4 Bdrm   5 Bdrm   6 Bdrm

Bend                      FMR           539      627       747     1,088      1,122    1,290    1,459
Deschutes                 LOW           539      595       715       825        921    1,015    1,111
                          HIGH          539      627       747     1,040      1,122    1,239    1,340

Corvallis                 FMR           506      613       764     1,110      1,277    1,469    1,660
Benton                    LOW           506      613       764       920      1,026    1,133    1,239
                          HIGH          506      613       764     1,110      1,276    1,390    1,504

Eugene-Springfield        FMR           500      607       768     1,074      1,196    1,375    1,555
Lane                      LOW           500      536       643       743        830      915    1,001
                          HIGH          500      607       768       934      1,021    1,109    1,196

Medford-Ashland           FMR           499      593       745     1,084      1,116    1,283    1,451
Jackson                   LOW           485      519       623       720        803      886      969
                          HIGH          499      593       745       902        986    1,070    1,154

Portland-Vancouver        FMR           604      700       809     1,178      1,415    1,627    1,840
Clackamas, Columbia,      LOW           604      656       787       910      1,015    1,120    1,225
Multnomah, Washington     HIGH          604      700       809     1,149      1,263    1,374    1,487
Yamhill

Salem                     FMR           508      564       675       981      1,183    1,360    1,538
Marion, Polk              LOW           508      545       655       756        843      931    1,018
                          HIGH          508      564       675       950      1,040    1,129    1,219

Baker                     FMR           395      460       607       883       909     1,045    1,182
                          LOW           395      460       562       650       725       800      875
                          HIGH          395      460       607       811       885       958    1,032

Clatsop                   FMR           446      554       685       991      1,022    1,175    1,329
                          LOW           446      521       625       722        806      889      973
                          HIGH          446      554       685       906        991    1,075    1,159

Coos                      FMR           432      523       663       880      1,013    1,165    1,317
                          LOW           432      468       562       650        725      800      875
                          HIGH          432      523       663       811        885      958    1,032

Crook                     FMR           424      546       653       884      1,034    1,189    1,344
                          LOW           424      480       576       665        742      819      896
                          HIGH          424      546       653       832        909      984    1,060

Curry                     FMR           487      560       661       966      1,165    1,340    1,515
                          LOW           437      468       562       650        725      800      875
                          HIGH          487      560       661       811        885      958    1,032

Douglas                   FMR           421      501       647       877      1,086    1,249    1,412
                          LOW           421      468       562       650        725      800      875
                          HIGH          421      501       647       811        885      958    1,032

Gilliam                   FMR           457      535       646       875      1,024    1,178    1,331
                          LOW           456      488       586       677        755      833      911
                          HIGH          457      535       646       846        924    1,001    1,079

Grant                     FMR           457      535       646       875      1,024    1,178    1,331
                          LOW           437      468       562       650        725      800      875
                          HIGH          457      535       646       811        885      958    1,032

Harney                     FMR          408      475       598       826       879     1,011    1,143
                           LOW          408      468       562       650       725       800      875

2010 Funding Pro Forma                                     17                                           Updated 03/24/2010
                         HIGH   408   475   598    811     879     958    1,032

Hood River               FMR    459   568   707   1,006   1,038   1,194   1,349
                         LOW    455   487   585     676     753     831     910
                         HIGH   459   568   707     845     923     999   1,077

Jefferson                FMR    507   540   612    890    1,002   1,152   1,303
                         LOW    437   468   562    650      725     800     875
                         HIGH   507   540   612    811      885     958   1,032

Josephine                FMR    492   563   681    968    1,075   1,236   1,398
                         LOW    437   468   562    650      725     800     875
                         HIGH   492   563   681    811      885     958   1,032

Klamath                  FMR    407   477   608    851     945    1,087   1,229
                         LOW    407   468   562    650     725      800     875
                         HIGH   407   477   608    811     885      958   1,032

Lake                     FMR    408   475   598    826     879    1,011   1,143
                         LOW    408   468   562    650     725      800     875
                         HIGH   408   475   598    811     879      958   1,032

Lincoln                  FMR    507   579   738   1,023   1,155   1,328   1,502
                         LOW    437   468   562     650     725     800     875
                         HIGH   507   579   709     811     885     958   1,032

Linn                     FMR    485   588   733   1,011   1,251   1,439   1,626
                         LOW    480   513   616     712     795     876     959
                         HIGH   485   588   733     892     975   1,057   1,140

Malheur                  FMR    433   493   601    869     894    1,028   1,162
                         LOW    433   468   562    650     725      800     875
                         HIGH   433   493   601    811     885      958   1,032

Morrow                   FMR    457   535   646    875    1,024   1,178   1,331
                         LOW    447   480   576    665      742     819     896
                         HIGH   457   535   646    832      909     984   1,060

Sherman                  FMR    457   535   646    875    1,024   1,178   1,331
                         LOW    457   499   600    693      772     853     932
                         HIGH   457   535   646    867      948   1,027   1,107

Tillamook                FMR    469   561   721   1,008   1,038   1,194   1,349
                         LOW    445   476   571     660     736     813     889
                         HIGH   469   561   721     824     900     974   1,049

Umatilla                 FMR    425   484   619    869     969    1,114   1,260
                         LOW    425   484   587    678     757      835     913
                         HIGH   425   484   619    849     928    1,004   1,082

Union                    FMR    405   471   622    907     934    1,074   1,214
                         LOW    405   471   592    685     763      843     922
                         HIGH   405   471   622    857     934    1,014   1,093

Wallowa                  FMR    402   468   618    884     950    1,093   1,235
                         LOW    402   468   562    650     725      800     875
                         HIGH   402   468   618    811     885      958   1,032

Wasco                    FMR    470   527   656    932    1,154   1,327   1,500
                         LOW    463   496   596    688      768     848     927
                         HIGH   470   527   656    862      941   1,020   1,100

Wheeler                  FMR    457   535   646    875    1,024   1,178   1,331
                         LOW    437   468   562    650      725     800     875
                         HIGH   457   535   646    811      885     958   1,032




2010 Funding Pro Forma                      18                                    Updated 03/24/2010
                              OREGON HOUSING AND COMMUNITY SERVICES
                                               2009 INCOME LIMITS
                                      for the HOME AND LIHTC PROGRAMS

                   Based on HUD's published Section 8 (and Multifamily Tax Subsidy) income limits
                   Median incomes by county (effective: March 19, 2009)
                   Income limits by county (or non-PMSA average if greater)

                 If your project is located in a rural area as defined by USDA RHS*, you qualify to use
                 national non-metropolitan income limits, available at OHCS website**.
      *USDA RHS: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?pageAction=sfp&NavKey=property@12
         **OHCS: http://www.ohcs.oregon.gov/OHCS/HPM_income_rent_limits.shtml

   MSA / County    % MFI 1 Pers       2 Pers     3 Pers     4 Pers     5 Pers     6 Pers     7 Pers     8 Pers

   Deschutes        30%      13,350     15,250     17,150     19,050     20,550     22,100     23,600     25,150
                    40%      17,800     20,320     22,880     25,400     27,440     29,480     31,480     33,520
                    50%      22,250     25,400     28,600     31,750     34,300     36,850     39,350     41,900
                    60%      26,700     30,480     34,320     38,100     41,160     44,220     47,220     50,280
                    80%      35,550     40,650     45,700     50,800     54,850     58,950     63,000     67,050

   Benton           30%      14,900     17,000     19,150     21,250     22,950     24,650     26,350     28,050
                    40%      19,840     22,640     25,480     28,320     30,600     32,840     35,120     37,400
                    50%      24,800     28,300     31,850     35,400     38,250     41,050     43,900     46,750
                    60%      29,760     33,960     38,220     42,480     45,900     49,260     52,680     56,100
                    80%      39,650     45,300     51,000     56,650     61,200     65,700     70,250     74,800

   Lane             30%      12,000     13,700     15,450     17,150     18,500     19,900     21,250     22,650
                    40%      16,000     18,320     20,600     22,880     24,720     26,560     28,360     30,200
                    50%      20,000     22,900     25,750     28,600     30,900     33,200     35,450     37,750
                    60%      24,000     27,480     30,900     34,320     37,080     39,840     42,540     45,300
                    80%      32,050     36,600     41,200     45,750     49,400     53,050     56,750     60,400

   Jackson          30%      11,600     13,300     14,950     16,600     17,950     19,250     20,600     21,900
                    40%      15,520     17,720     19,960     22,160     23,920     25,720     27,480     29,240
                    50%      19,400     22,150     24,950     27,700     29,900     32,150     34,350     36,550
                    60%      23,280     26,580     29,940     33,240     35,880     38,580     41,220     43,860
                    80%      31,000     35,450     39,850     44,300     47,850     51,400     54,950     58,500

   Clackamas        30%      14,700     16,800     18,900     21,000     22,700     24,350     26,050     27,700
     Columbia       40%      19,600     22,400     25,200     28,000     30,240     32,480     34,720     36,960
     Multnomah      50%      24,500     28,000     31,500     35,000     37,800     40,600     43,400     46,200
     Washington     60%      29,400     33,600     37,800     42,000     45,360     48,720     52,080     55,440
     & Yamhill      80%      39,200     44,800     50,400     56,000     60,500     64,950     69,450     73,900

   Marion & Polk    30%      12,200     13,950     15,700     17,450     18,850     20,250     21,650     23,050
                    40%      16,200     18,640     20,960     23,280     25,160     27,000     28,880     30,720
                    50%      20,250     23,300     26,200     29,100     31,450     33,750     36,100     38,400
                    60%      24,300     27,960     31,440     34,920     37,740     40,500     43,320     46,080
                    80%      32,600     37,250     41,900     46,550     50,250     54,000     57,700     61,450

   Baker            30%      10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%      14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%      17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%      21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600

2010 Funding Pro Forma                               19                                      Updated 03/24/2010
                    80%   28,000   32,000   36,000   40,000   43,200   46,400    49,600   52,800




2010 Funding Pro Forma                       20                                 Updated 03/24/2010
   MSA / County   % of MFI1 Pers     2 Pers     3 Pers     4 Pers     5 Pers     6 Pers     7 Pers     8 Pers

   Clatsop          30%     11,700     13,350     15,050     16,700     18,050     19,350     20,700     22,050
                    40%     15,560     17,800     20,000     22,240     24,000     25,800     27,560     29,360
                    50%     19,450     22,250     25,000     27,800     30,000     32,250     34,450     36,700
                    60%     23,340     26,700     30,000     33,360     36,000     38,700     41,340     44,040
                    80%     31,150     35,600     40,050     44,500     48,050     51,600     55,200     58,750

   Coos             30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Crook            30%     10,750     12,300     13,800     15,530     16,600     17,800     19,050     20,250
                    40%     14,320     16,400     18,440     20,480     22,120     23,760     25,400     27,040
                    50%     17,900     20,500     23,050     25,600     27,650     29,700     31,750     33,800
                    60%     21,480     24,600     27,660     30,720     33,180     35,640     38,100     40,560
                    80%     28,650     32,750     36,850     40,950     44,250     47,500     50,800     54,050

   Curry            30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Douglas          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Gilliam          30%     10,950     12,500     14,100     15,650     16,900     18,150     19,400     20,650
                    40%     14,600     16,680     18,760     20,840     22,520      2,416     25,840     27,520
                    50%     18,250     20,850     23,450     26,050     28,150      3,020     32,300     34,400
                    60%     21,900     25,020     28,140     31,260     33,780      3,624     38,760     41,280
                    80%     29,200     33,350     37,550     41,700     45,050     48,350     51,700     55,050

   Grant            30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Harney           30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Hood River       30%     10,900     12,500     14,050     15,600     16,850     18,100     19,350     20,600
                    40%     14,560     16,640     18,720     20,800     22,480     24,120     25,800     27,440
                    50%     18,200     20,800     23,400     26,000     28,100     30,150     32,250     34,300
                    60%     21,840     24,960     28,080     31,200     33,720     36,180     38,700     41,160
                    80%     29,100     33,300     37,450     41,600     44,950     48,250     51,600     54,900


2010 Funding Pro Forma                              21                                      Updated 03/24/2010
   MSA / County   % of MFI1 Pers     2 Pers     3 Pers     4 Pers     5 Pers     6 Pers     7 Pers     8 Pers

   Jefferson        30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Josephine        30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Klamath          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Lake             30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Lincoln          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Linn             30%     11,500     13,150     14,800     16,450     17,750     19,100     20,400     21,700
                    40%     15,360     17,520     19,720     21,920     23,680     25,440     27,200     28,920
                    50%     19,200     21,900     24,650     27,400     29,600     31,800     34,000     36,150
                    60%     23,040     26,280     29,580     32,880     35,520     38,160     40,800     43,380
                    80%     30,700     35,100     39,450     43,850     47,350     50,850     54,350     57,900

   Malheur          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Morrow           30%     10,750     12,300     13,800     15,350     16,600     17,800     19,050     20,250
                    40%     14,320     16,400     18,440     20,480     22,120     23,760     25,400     27,040
                    50%     17,900     20,500     23,050     25,600     27,650     29,700     31,750     33,800
                    60%     21,480     24,600     27,660     30,720     33,180     35,640     38,100     40,560
                    80%     28,650     32,750     36,850     40,950     44,250     47,500     50,800     54,050

   Sherman          30%     11,200     12,800     14,400     16,000     17,300     18,550     19,850     21,100
                    40%     14,920     17,040     19,200     21,160     23,040     24,720     26,440     28,160
                    50%     18,650     21,300     24,000     26,450     28,800     30,900     33,050     35,200
                    60%     22,380     25,560     28,800     31,740     34,560     37,080     39,660     42,240
                    80%     29,850     34,100     38,400     42,650     46,050     49,450     52,900     56,300


2010 Funding Pro Forma                              22                                      Updated 03/24/2010
   MSA / County   % of MFI1 Pers     2 Pers     3 Pers     4 Pers     5 Pers     6 Pers     7 Pers     8 Pers

   Tillamook        30%     10,700     12,200     13,750     15,250     16,450     17,700     18,900     20,150
                    40%     14,240     16,240     18,280     20,320     21,960     23,560     25,200     26,840
                    50%     17,800     20,300     22,850     25,400     27,450     29,450     31,500     33,550
                    60%     21,360     24,360     27,420     30,480     32,940     35,340     37,800     40,260
                    80%     28,450     32,500     36,600     40,650     43,900     47,150     50,400     53,650

   Umatilla         30%     10,950     12,500     14,100     15,650     16,900     18,150     19,400     20,650
                    40%     14,600     16,720     18,800     20,880     22,560     24,240     25,880     27,560
                    50%     18,250     20,900     23,500     26,100     28,200     30,300     32,350     34,450
                    60%     21,900     25,080     28,200     31,320     33,840     36,360     38,820     41,340
                    80%     29,250     33,400     37,600     41,750     45,100     48,450     51,750     55,100

   Union            30%     11,050     12,650     14,200     15,800     17,050     18,350     19,600     20,850
                    40%     14,760     16,880     18,960     21,080     22,760     24,440     26,120     27,840
                    50%     18,450     21,100     23,700     26,350     28,450     30,550     32,650     34,800
                    60%     22,140     25,320     28,440     31,620     34,140     36,660     39,180     41,760
                    80%     29,500     33,700     37,950     42,150     45,500     48,900     52,250     55,650

   Wallowa          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800

   Wasco            30%     11,150     12,700     14,300     15,900     17,150     18,450     19,700     21,000
                    40%     14,840     16,960     19,080     21,200     22,880     24,600     26,280     28,000
                    50%     18,550     21,200     23,850     26,500     28,600     30,750     32,850     35,000
                    60%     22,260     25,440     28,620     31,800     34,320     36,900     39,420     42,000
                    80%     29,700     33,900     38,150     42,400     45,800     49,200     52,600     55,950

   Wheeler          30%     10,500     12,000     13,500     15,000     16,200     17,400     18,600     19,800
                    40%     14,000     16,000     18,000     20,000     21,600     23,200     24,800     26,400
                    50%     17,500     20,000     22,500     25,000     27,000     29,000     31,000     33,000
                    60%     21,000     24,000     27,000     30,000     32,400     34,800     37,200     39,600
                    80%     28,000     32,000     36,000     40,000     43,200     46,400     49,600     52,800




2010 Funding Pro Forma                              23                                      Updated 03/24/2010

								
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