Housing Officer Resumes

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					                                                                     2010

                                                          Release Date 3/10/10 V3

                                                                                                       Project Proforma
Instructions                     Transmittal Page                   Project Information
                                                                                                          (Standard)



                                                       OHFA
                                                                                          Housing Credit
               Public Notification                    Program
                                                                                            Program
                                                    Certification


                                    Housing
                                                                     Multifamily Bond
                                Development Loan                                                       Program Forms
                                                                         Program
                                    Program
             Project Proforma           Project Proforma
                (Standard)             (Basis Adjustment)




Housing Credit
                                HDAP
  Program




             Program Forms
                         Submission Guidelines and General Instructions for the
                             2010 Affordable Housing Finance Application
       Applicants should use this 2010 Affordable Housing Funding Application to apply for Housing Credits, Housing
 Development Assistance Program (HDAP), Housing Development Loans (HDL), and the Multifamily Bond Program (MFBP)

 Applicants must provide all information to OHFA in electronic format on a CD. The only paper documents that will
         be accepted are those that require an original signature. They are noted in the chart below in red.

                                               All applicants must submit the following:
 All documents in their required electronic formats on a CD in a standard sized CD case, with the project name written on the disk. (Please
                                                                                                                              e
 do not use stickers on the disks as this may cause the disk to lodge in the drive.) A list of required documents follows thes instructions.

                                                                                                                            z
A standard size pocket folder with the documents that require original signatures. All documents must be on white standard si ed (8.5x11)
                               paper. Please do not bind, staple or hole punch any of this documentation.

                                    A standard size report folder with documents for OHFA’s site visit:
                Two contacts, their cell phone numbers, a list of the members of the development team and CHDO status;

                                             A copy of the narrative description of the project;

                                One MapQuest-type map showing the location and address or crossroads;

                                                   A site plan and all building elevations;

                               A check or money order made payable to the Ohio Housing Finance Agency.
                                Please indicate the project name somewhere on the check or money order.

                                                    Hand deliver, courier or mail to
                                                    Ohio Housing Finance Agency
                                           Office of Planning, Preservation & Development
                                                          57 East Main Street
                                                         Columbus, OH 43215

                                   Completed applications are due by Thursday March 18, 2010
                                    and must be received in the OHFA office by 5PM that day.




Instructions on using this AHFA

Many of the calculations required in the application will be automatically performed by the spreadsheet, which may be used
with Microsoft Excel 97 or above. Please keep in mind the following points when using the AHFA spreadsheet:

1. All information should be entered into the blue and red outlined cells. Enter words or numbers into the BLUE outlined
cells. RED outlined cells are restricted to the dropdown menu attached to the cell.

2. The GREEN outlined cells contain the spreadsheet formulas; do not type in these cells.

3. When entering data onto the spreadsheet, please do not type in ALL CAPITAL LETTERS.

4. Please do not unprotect or unlock any cells in the spreadsheet. OHFA will verify formulas and data, and will scan CD's
for viruses upon receipt.

Reference Documents

Please refer to the following documents, for specific qualification, procedure, and submission information for each program:

Housing Credit: 2010 Housing Credit Qualified Allocation Plan (QAP)

HDAP: Housing Development Assistance Program Guidelines

HDLP: Housing Development Loan Program Guidelines

MFBP: Multifamily Bond Program Guidelines

These documents can be found on the OHFA website at www.ohiohome.org

If you have any questions regarding the above programs, you may contact the Office of Planning, Preservation &
Development at (614) 466-0400, or by fax at (614) 466-0606, or through our web site at www.ohiohome.org.




Page 3 of 59
                                          Application Documentation
  Note that the AHFA must be sent to OHFA as an Excel document. All other documents are to be sent as searchable
                                                     PDF's.
#  Document                        Format(s)                          File Name
    1 2010 AHFA                                           EXCEL file                                           01 2010AHFA (insert project name).xls
                                                          PDF of copy of check and actual check with Project
    2 Application Fee                                     Name in Originals Folder                             02 appfee.pdf
      Narrative Supporting Increased Basis
    3 Request (if applicable)                             PDF                                                  03 basisboost.pdf
    4 Program Certifications (in this AHFA)               PDF, Original Signed Copy                            04 programcert.pdf
    5 Site Control Documentation                          PDF                                                  05 site.pdf
      Executed Option(s), Purchase Contract(s),
      Leases(s)
       Property Deed(s)
       Other Documentation
    6 Zoning Documentation                                PDF                                                  06 zoning.pdf
       Local Zoning Letter
       Other Documentation

      Affirmative Fair Housing Marketing Plan
    7 & Attachments (on OHFA website)                     PDF                                                  07 AFHM.pdf
    8 Conditional Financial Commitments                   PDF                                                  08 condfincommit.pdf

       Housing Credit and Historic Equity
       Commitments (no OHFA Equity Bridge Loan)

       Housing Credit and Historic Equity
       Commitments (with OHFA Equity Bridge Loan)
       Construction Financing Commitments (including
       Construction Deposit Loan lender
       documentation)
       Permanent Financing Commitments
       Letters of Application for Public Funding
       Sources

       Deferred Fees & General Partner Contributions
       Other Documentation
    9 Utility Allowance Information                       PDF                                                  09 utility.pdf
      Certification of Conformity with Local
      Consolidated Plan/CHIS (OHFA Form
   10 004)                                                PDF                                                  10 conformplan.pdf
   11 Public Notifications                                PDF                                                  11 pubnotice.pdf
      Chief Executive Officer and the clerk of the
      legislative body for any city or village (i.e.
      mayor and clerk of council)

       Clerk of the board of trustees for any township
       Clerk of the board of commissioners for any
       county
       State Representative(s)
       State Senator(s)

       Chief executive officer and the clerk of the
       legislative body for any city or village (i.e.
       mayor and clerk of council) within one-half mile

       Clerk of the board of trustees for any township
       within one-half mile within one-half mile
       Clerk of the board of commissioners for any
       county within one-half mile

       State Representative(s) within one-half mile
       State Senator(s) within one-half mile
      OPTIONAL drawings/info in support of
   12 the "Distinctive" Narrative in the Project
      Information Section                                                                                      12 distinctive.pdf
   13 Architectural Submissions                           PDF                                                  13 architectural.pdf
       Typical Unit Plan(s)
       Building Elevation(s)
       Site Plan
       Schematic Site Plan
       Topography Map
       Aerial Photograph
       Scope of Work for Rehabilitation
   14 Project History Narrative                           PDF                                                  14 projhistory.pdf
   15 Approved Waiver Requests                            PDF                                                  15 appwaiver.pdf
      Development Features Agreement
   16 (available on OHFA website)                         PDF, Original Signed Copy                            16 devfeatures.pdf
   17 Contents of Site Visit Folder                       PDF                                                  17 sitevisitfolder.pdf




Page 4 of 59
      Universal Design Narrative and
   18 accompanying documentation                        PDF   18 UD.pdf
      Development Team Information &
   19 Resumes                                           PDF   19 devteam.pdf
      General Partner(s)
      Developer
      General Contractor
      Management Company
   20 Mini-Phase I                                      PDF   20 miniphase.pdf
   21 Environmental Review                              PDF   21 ER.pdf
   22 Market Study                                      PDF   22 markstudy.pdf
      Market Study
      Market Study Checklist (OHFA form 002)

      Market Study Certification (OHFA form 003)

      Public Housing Authority Notification/Concerns
   23 Capital Needs Assessment                                23 capneeds.pdf
   24 Competitive Evaluation Narrative                  PDF   24 competitive.pdf
      Market Criteria
      Project Design & Amenities
      Project Amenities
      Site Location & Quality
      Development Team
      Policy Statements

   25 Non-Profit Organization Documentation             PDF   25 nonprofdocs.pdf
      IRS Letter of Determination of Status
      Articles of Incorporation & By-Laws of the Non-
      Profit
      Ohio Secretary of State Documentation
   26 Target Pool Eligibility Documentation             PDF   26 targetpool.pdf
   27 Supportive Service Plan                           PDF   27 supportserv.pdf
   28 Lease-Purchase Strategy                           PDF   28 LP.pdf
   29 Documentation for Historic Buildings              PDF   29 historic.pdf
   30 Green Communities Documentation                   PDF   30 green.pdf
      Documentation of Community
   31 Revitalization Plan                               PDF   31 revitalization.pdf
      Community Revitalization Plan
      Narrative of Revitalization Plan Evaluation
      Criteria
      Documentation of Leveraging Federal
   32 Resources                                         PDF   32 leveraging.pdf
      HDAP Gap Financing Documentation
   33 Needs Assessment                                  PDF   33 needsassessment.pdf
   34 Audited Financial Statements                      PDF   34 audfinstate.pdf
   35 Organizational Charts                             PDF   35 orgchart.pdf
   36 Qualified Cost Estimate                           PDF   36 costest.pdf
      Evidence of Attempt to Secure Local
   37 Funding                                           PDF   37 locfund.pdf
   38 Letters of Local Support                          PDF   38 locsupport.pdf
   39 Non-Profit Board Resolution                       PDF   39 nonprofres.pdf
      Uniform Relocation Act Forms and
   40 Documentation                                     PDF   40 relocation.pdf
      Evidence of Submission to Local
   41 Clearinghouse                                     PDF   41 clearinghouse.pdf
   42 Lead-Based Paint Plan                             PDF   42 lead.pdf
      Homeownership Counseling
   43 Documentation                                     PDF   43 counseling.pdf
      Housing Development Loan Program
      Specific Documentation
   44 Statement of Public Purpose                       PDF   44 pubpurpose.pdf
   45 Fair Market Rent Schedule                         PDF   45 fairmarketrent.pdf
      Current Rent Roster (for occupied
   46 properties)                                       PDF   46 rentroster.pdf
      Tax Information Authorization
   47 Disclosure(s)                                     PDF   47 taxauth.pdf
      Multifamily Bond Program Specific
      Documentation
      Letter of Intent from Guarantor or
   48 Private Placement Entity                          PDF   48 letterofintent.pdf
      Inducement and Indemnity Agreement
   49 Letter                                            PDF   49 inducement.pdf

   50 ANSI Standards Letter from Architect              PDF   50 ANSI.pdf
   51 Prevailing Wage Statement                         PDF   51 prevailing.pdf
   52 Source for Building Value & LTV Ratio             PDF   52 LTV.pdf
   53 Audited Financial Statements                      PDF   53 Audfinstate.pdf
   54 Audited Project Cash Flows                        PDF   54 cashflow.pdf
   55 Rent Rolls                                        PDF   55 rentrolls.pdf




Page 5 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application


                                                Transmittal Page
       Project Tracking Number:                                                                (leave blank)


       Date Application Submitted:

       Applicant Information:

                          Project Name:                                                               YES
                           Project Type:                        FALSE                                 NO
                      City or Township:
                                County:

                        Majority Owner:
                           Owner Type:
                        % of Ownership:

                      Allocation Pool:                   Geographic Pool
                     Geographic Pool:            #N/A

                Number of Total Units

   Number of Special Needs Units:
                                     Senior                  #VALUE!
  Persons w/ Mobility or Sensory Impairment
 Persons w/ Severe/Persistent Mental Illness
       Persons w/ Developmental Disability
     Extremely Low Income (>= 35% AMGI)
               Formerly Homeless Persons

          Scattered Site Development?

       Funding Requested:

               Housing Credit Program (annual):                       #DIV/0!
        Housing Development Assistance Program

               Housing Development Loan Program:
                                Seed Money Loan:            $                        -
                        Construction Deposit Loan:          $                        -
                               Equity Bridge Loan:          $                        -
                                      Direct Loan:          $                        -
                                  Loan Guarantee:           $                        -

                          Multifamily Bond Program:         $                        -

       Application Status:

       Please check all that apply. Abbreviations are as follows: HC = Housing Credit; MFBP = Multifamily Bond Program;
       HDLP = Housing Development Loan Program; HDAP = Housing Development Assistance Program)

                                                                 HC          MFBP          HDLP           HDAP
                                 Initial Application:
                    Request for Additional Funding:
                               Revised Application:

       Application Fees:
                                                                 HC          MFBP          HDAP
                                    Amount Enclosed:

       Additional Information (for revised applications only):                                        Please check all that apply.

                       Number of Units:                                         Rent Elections:
                          Type of Units:                                   Minimum Set-Aside:
                          Bedroom Mix:                                   Ownership Information:
                         Special Needs:                                    Other (describe below) :




Page 6 of 59                                                                                                                         Revised February 13, 2009
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                        x


                                                           Project Information                                                                                                 YES
                                                                                                                                                                               NO
                                                                          PROJECT INFORMATION

                      Name:
         Address (be specific) :
           City or Township:                                                   (Enter the political jurisdiction where the project is located)
                   Zip Code:
                     County:
                 Submarket:                                                    (if applicable)
           Census Tract(s):

               Located in a Qualified Census Tract?                           Yes                                          No
                     Lease-purchase development?                              Yes                                          No
                                     Scattered Site?                          Yes                                          No                      See 2010 QAP for details.

         Briefly describe the project and its location(s), date of original construction (if applicable), project design, project amenities
         (including security systems and strategies), target population, development team members, financing, and project timeline.
                          Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


         Describe facets of this project that make it distinctive. The purpose of this section is to give the reviewer a fuller picture of the project that may not be
         conveyed elsewhere in this application. Be thorough, but succinct. Do not duplicate the information contained in the Competitive Evaluation Narrative. In
         addition, you may also submit any supporting drawings or details in (Optional) Document 12 (see document list on the instruction page.)


                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         If any units (identified in this AHFA or anticipated to be included in this development) have been funded previously by any
         OHFA or ODOD program, describe the funding source(s) and the dates and amounts they received.
                          Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                                       OWNERSHIP INFORMATION

       Name Of LLC or LLP:
                       c/o:
                  Address:
                      City:
                     State:
                 Zip Code:




                                     Type of Entity:                                                    Limited Partner Percentage of Ownership:
                                   Federal Tax ID #:

                                    Contact Person            Last Name:                                                          First Name:
                                                                     Title:                                                        Salutation:
                                                             Organization:
                                                             Telephone #:                            (ext)                        E-mail:
                                                                   Fax #:                                               Web Page Address:
         The Contact Person must be able to answer all questions concerning this application.

                                Authorized Signer             Last Name:                                                          First Name:
                                                                     Title:                                                        Salutation:
                                                             Organization:
                                                             Telephone #:                            (ext)                        E-mail:
                                                                   Fax #:                                               Web Page Address:

         The Authorized Signer must have the authority to act on behalf of the project ownership.




Page 7 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                        x


                                                        Project Information                                                                    YES
                                                                                                                                               NO
                                                            PROJECT INFORMATION
                                           PARTICIPATION OF NON-PROFIT ORGANIZATION(S) if applicable

          Primary Non-Profit Organization                                                                             Contact Person

             Non-Profit Name:                                                                     Last Name:
                     Address:                                                                     First Name:
                         City:                                                                            Title:
                        State:                                                                   Telephone #:                          (ext)
                    Zip Code:                                                                           Fax #:
         State Senate District:                                                                         E-mail:
         State House District:                                                              Web Page Address:


                                  501 (c) (3) Organization                              (Please "X" all that apply)
                                  501 (c) (4) Organization
                                  Exempt purposes include fostering of Low-Income Housing
                                  Filed in accordance with ORC Section 1702
                                  Other:
                 FALSE

          Is this non-profit organization located in or committed to serve the county in which the project is located?

                                  Yes                                      No

          How many years has this non-profit organization continually served the county in which the project is located?


          What percentage of the general partner interest will be owned or controlled by this non-profit organization?


          Is this organization eligible for and will this organization participate in the non-profit set-aside referenced in
          Section 42(h)(5) of the Internal Revenue Code?

                                  Yes                                      No


          Is this non-profit organization certified as a Community Housing Development Organization (CHDO) by the State of Ohio?

                                  Yes                                      No

          Secondary Non-Profit Organization                                                                           Contact Person

             Non-Profit Name:                                                                     Last Name:
                     Address:                                                                     First Name:
                         City:                                                                            Title:
                        State:                                                                   Telephone #:                          (ext)
                    Zip Code:                                                                           Fax #:
         State Senate District:                                                                         E-mail:
         State House District:                                                              Web Page Address:


                                  501 (c) (3) Organization                              (Please check all that apply)
                                  501 (c) (4) Organization
                                  Exempt purposes include fostering of Low-Income Housing
                                  Filed in accordance with ORC Section 1702
                                  Other:
                 FALSE

          Is this non-profit organization located in or committed to serve the county in which the project is located?

                                  Yes                                      No

          How many years has this non-profit organization continually served the county in which the project is located?


          What percentage of the general partner interest will be owned or controlled by this non-profit organization?


          Is this organization eligible for and will this organization participate in the non-profit set-aside referenced in
          Section 42(h)(5) of the Internal Revenue Code?

                                  Yes                                      No


          Is this non-profit organization certified as a Community Housing Development Organization (CHDO) by the State of Ohio?

 FALSE                            Yes                                      No




Page 8 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                             x


                                                        Project Information                                                                                         YES
                                                                                                                                                                    NO
                                                              PROJECT INFORMATION
                                                   PARTICIPATING MEMBERS OF OWNERSHIP ENTITY

          Majority Owner Information

                      Name:                                                                          NP or FP?:
         Parent Organization:                                                                        NP or FP?:
                    Address:
                        City:                                                               Contact Last Name:
                       State:                                                               Contact First Name:
                   Zip Code:                                                                      Contact Title:
                Parent FTI #:                                                                     Telephone #:                         (ext)
         Web Page Address:                                                                                Fax #:
           % of Ownership:                                                                                E-mail:

          Years of Experience Developing Affordable Housing:

          Number of Housing Credit Projects Placed-in-Service:                     In Ohio:
                                                                            In other states:

          Number of Other Affordable Housing Projects Placed-in-Service:

          Experience with Development Loans and/or HDAP Financing?                                                  Yes                                     No




          Please enter all applicable information in the spaces below for each project in which the owner (1) held at least 25% of the general partner interest
          and (2) was a material participant during the development of the project. All other projects in which the owner held an interest must be entered
          on the "Other Experience" (other_exp) tab in this application.

          Enter the date of approval or allocation of funding and status as follows: PIS (placed-in-service); UC (under construction); or W (withdrawn).
          OHFA programs include: Housing Credit; HDAP - Housing Development Assistance Program;
          HDLP (Housing Development Loan Program); and MFBP (Multifamily Bond Program).

                                                                             Name of GP         Housing Credit          HDAP                      Other Programs
Project Name                     Tracking #               # of Units        & Parent Org.        Date/Status          Date/Status                Name/Date/Status




If more space is needed, go to the "Extra Space" (extra_SP) tab in this application




Page 9 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                             x


                                                        Project Information                                                                                         YES
                                                                                                                                                                    NO
                                                                       PROJECT INFORMATION


          Second Owner Information                   (if applicable)

                      Name:                                                                          NP or FP?:
         Parent Organization:                                                                        NP or FP?:
                    Address:
                        City:                                                               Contact Last Name:
                       State:                                                               Contact First Name:
                   Zip Code:                                                                      Contact Title:
                       FTI #:                                                                     Telephone #:                         (ext)
         Web Page Address:                                                                                Fax #:
           % of Ownership:                                                                                E-mail:

          Years of Experience Developing Affordable Housing:

          Number of Housing Credit Projects Placed-in-Service:                     In Ohio:
                             (projects with at least 5 units)               In other states:

          Number of Other Affordable Housing Projects Placed-in-Service:

          Experience with Development Loans and/or HDAP Financing?                                                  Yes                                     No




          Please enter all applicable information in the spaces below for each project in which the owner (1) held at least 25% of the general partner interest
          and (2) was a material participant during the development of the project. All other projects in which the owner held an interest must be entered
          on the "Other Experience" (other_exp) tab in this application.

          Enter the date of approval or allocation of funding and status as follows: PIS (placed-in-service); UC (under construction); or W (withdrawn).
          OHFA programs include: Housing Credit; HDAP - Housing Development Assistance Program);
          HDLP (Housing Development Loan Program); and MFBP (Multifamily Bond Program).

                                                                             Name of GP         Housing Credit          HDAP                      Other Programs
Project Name                     Tracking #               # of Units        & Parent Org.        Date/Status          Date/Status                Name/Date/Status




If more space is needed, go to the "Extra Space" (extra_SP) tab in this application




Page 10 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                             x


                                                        Project Information                                                                                         YES
                                                                                                                                                                    NO
                                                                       PROJECT INFORMATION

          Third Owner Information                    (if applicable)

                      Name:                                                                          NP or FP?:
         Parent Organization:                                                                        NP or FP?:
                    Address:
                        City:                                                               Contact Last Name:
                       State:                                                               Contact First Name:
                   Zip Code:                                                                      Contact Title:
                       FTI #:                                                                     Telephone #:                         (ext)
         Web Page Address:                                                                                Fax #:
           % of Ownership:                                                                                E-mail:

          Years of Experience Developing Affordable Housing:

          Number of Housing Credit Projects Placed-in-Service:                     In Ohio:
                             (projects with at least 5 units)               In other states:

          Number of Other Affordable Housing Projects Placed-in-Service:

          Experience with Development Loans and/or HDAP Financing?                                                  Yes                                     No




          Please enter all applicable information in the spaces below for each project in which the owner (1) held at least 25% of the general partner interest
          and (2) was a material participant during the development of the project. All other projects in which the owner held an interest must be entered
          on the "Other Experience" (other_exp) tab in this application.

          Enter the date of approval or allocation of funding and status as follows: PIS (placed-in-service); UC (under construction); or W (withdrawn).
          OHFA programs include: Housing Credit; HDAP - Housing Development Assistance Program);
          HDLP (Housing Development Loan Program); and MFBP (Multifamily Bond Program).

                                                                             Name of GP         Housing Credit          HDAP                      Other Programs
Project Name                     Tracking #               # of Units        & Parent Org.        Date/Status          Date/Status                Name/Date/Status




If more space is needed, go to the "Extra Space" (extra_SP) tab in this application




Page 11 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                   x


                                                          Project Information                                                                                             YES
                                                                                                                                                                          NO
                                                                  PROJECT INFORMATION
                                                              DEVELOPMENT TEAM INFORMATION

                                       Developer:
                                         Address:
                                             City:
                                            State:
                                        Zip Code:                                             Contact Last Name:
                                                                                              Contact First Name:
     # of Residential Projects Placed-in-Service:                                                   Contact Title:
                                                                                                    Telephone #:                            (ext)
        # of Residential Units Placed-in-Service:                                                        Fax #:
                                                                                                        E-mail:
                   # of Years Developing Housing:                                             Web Page Address:


                             General Contractor:
                                        Address:
                                            City:
                                           State:
                                       Zip Code:                                              Contact Last Name:
                                                                                              Contact First Name:
          # of Residential Projects Constructed:                                                    Contact Title:
                                                                                                    Telephone #:                            (ext)
                # of Residential Units Constructed:                                                         Fax #:
                                                                                                            E-mail:
                 # of Years Constructing Housing:                                             Web Page Address:

                 Project Types:


                                                   Firm                                     Contact                         Phone #                 Fax #
                ENGINEER
               ARCHITECT
             CONSULTANT
                   LEGAL
            TAX ATTORNEY

         Describe how each organization will be involved in the project with respect to specific areas of responsibility, and how each organization
         will function as part of the development team, including the roles of the other members of the development team. Identify specifically
         what staff members will be involved in the project and their roles. Explain how this project will affect staff capacity, and explain how the
         organization will expand staff capacity if necessary. Briefly describe any "identities of interest" between members of the development
         team.
                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


         MANAGEMENT COMPANY

                        Name:                                                                      Contact Last Name:
                      Address:                                                                     Contact First Name:
                          City:                                                                           Title:
                         State:                                                                    Telephone #:                             (ext)
                     Zip Code:                                                                           Fax #:
                                                                                                        E-mail:
                                                                                              Web Page Address:


         Summary of Affordable Housing Management Experience

         Please indicate the number of affordable housing projects currently under management, and any Housing Credit projects previously managed
         for at least one year.

                      Program:     Housing Credit          USDA RD            HUD Section 8       (Other Program)        (Other Program)     (Other Program)      TOTAL
                  # of Projects:
                     # of Units:


         Management Company Affordable Housing Experience

         Please list information for affordable housing projects currently under management, and any Housing Credit projects previously managedfor at least one
         year. Include all of the affordable housing programs associated with each project, using the following abbreviations:HC (Housing Credit); HDAP
         (Housing Development Assistance Program); HDLP (Housing Development Loan Program); MFBP (MultifamilyBond Program); RD (U.S. Dept. of
         Agriculture Rural Development); HUD (U.S. Dept. of Housing & Urban Development).

                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.




Page 12 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                                  x


                                                        Project Information                                                                                                              YES
                                                                                                                                                                                         NO
                                                             PROJECT
                                                  PHYSICAL STRUCTURE INFORMATION

Project Type

                                  New Construction

                                  Acquisition and Substantial Rehabilitation

                                  Substantial Rehabilitation

         Project Characteristics
                                                      rehabilitation         new construction
                       # of Residential Buildings:
                  # of Stories of Tallest Building:
                                  Total # of Units:

                            # of Parking Spaces:

                       Elevator in any buildings?                            Yes                                           No

         Number of Units by Rental Type
                                                           NUMBER            % OF TOTAL UNITS
                                 Low-Income Units:                                 #DIV/0!
                                 Market-Rate Units:                                #DIV/0!
                                   Employee Units:                                 #DIV/0!
                                           TOTAL:                                  #DIV/0!

         Number of Buildings by Building Type

                                                       # of buildings that    # of buildings that    # of buildings that   # of buildings that   ELEVATOR in any of
                                                           are 1 Floor           are 2 Floors           are 3 Floors          are 4+ Floors        the buildings?     # OF TOTAL UNITS
                        Single-Family Detached:
                       Single-Family Townhouse
                                        Duplex:
                                         Triplex:
                  Multi-Family (4 or more units):
                                          Other:
                                        TOTAL:

         Number of Units by Bedroom Number

                                         SRO              EFFICIENCY                 1BR                    2BR                   3BR                  4BR+
          Low-Income Units:
          Market Rate Units:
                    TOTAL:

         Detached Non-Residential Community Space

                                                        TOTAL SQUARE
                                       NUMBER               FEET
        Accessory Buildings:
        Recreation Facilities:                                                                      Type of Commercial Facilities (if applicable) :
       Commercial Facilities:


         Floor Area

                         Gross floor area of all building(s) (sq. ft.):
                                   Commercial floor area (sq. ft.):
                               Common space floor area (sq. ft.):
                               Non-low-income floor area (sq. ft.):
                           Total Residential Floor Area (sq. ft.):                                  Gross floor area minus Commercial floor area
                            Net Residential Floor Area (sq. ft.):                                   Total Res. floor area minus Common Space floor area
                               Low-Income Floor Area (sq. ft.):                                     Net Res. floor area minus Non-Low-Income floor area
                       Average Net Residential Sq. Ft. per Unit :                                   Total Net Res. Sq. Ft. divided by Total # of Units




Page 13 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                            x


                                                            Project Information                                                                    YES
                                                                                                                                                   NO
                                                                             PROJECT INFORMATION
                                                                               POPULATIONS SERVED

                                                                                                         % OF UNITS TO BE     SUPPORTIVE
            POPULATION(S)                                                                                OCCUPIED BY THIS      SERVICES
               SERVED                                                                                      POPULATION         PROVIDED?


                                 Families/Individuals (seniors may reside there, but not exclusively a
                                 senior development)                                                            -
                                 Exclusively Senior (at least 1 in household is 55 or older)   ---->            -

            SPECIAL NEEDS
           POPULATION SET-
               ASIDES            Choose YES if the development specifically sets aside units for this population. Otherwise, choose NO


                                 Persons with Mobility or Sensory Impairment-------------->
                                                                             ------------->
                                 Persons with Severe/Persistent Mental Illness

                                 Persons with Developmental Disability ------------------->

                                 Extremely Low Income (>= 35% AMGI) ------------------>

                                 Formerly Homeless ---------------------------------->




       Service Coordinator:
                    Address:
                         City:
                        State:                                                                              Telephone #:                   (ext)
                    Zip Code:                                                                                       Fax #:
         Web Page Address:                                                                                          E-mail:

         For projects seeking Housing Credits and serving a special needs population, service coordinators and a supportive
         service plan containing specified services are required. Please attach the supportive service plan with the application.




Page 14 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                       x


                                                          Project Information                                                                                 YES
                                                                                                                                                              NO
                                                                   PROJECT INFORMATION
                                                         SITE & BUILDING ACQUISITION INFORMATION

           Site Roster

           Please list all sites under control at time of application. All sites must contain at least one unit, and must have a
           permanent parcel number listed. Sites that do not have parcel numbers will not be accepted. See the Housing Credit
           Qualified Allocation Plan for details regarding site control and scattered site projects.


           Please indicate the Qualified Census Tract (QCT) number for each site where applicable.
           For type of site control, please indicate the following: D = recorded deed; O = executed option; P = purchase contract;
           L = long term lease. For type of construction, please indicate the following: NC = new construction; R = rehabilitation.



                                                           permanent                                   type of site         type of         proposed # of
                         site address                       parcel #               QCT #                 control          construction          units
       1
       2
       3
       4
       5
       6
       7
       8
       9
      10
      11
      12
      13
      14
      15
      16
      17
      18
      19
      20
      21
      22
      23
      24
      25
      26
      27
      28
      29
      30
      31
      32
      33
      34
      35
      36
      37
      38
      39
      40


                                                        new construction        rehabilitation                           new construction    rehabilitation
                           # of Sites Under Control:                                                       # of Units:


                   # of Sites Proposed to Acquire:


                          % of Sites Under Control:




Page 15 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                  x


                                                         Project Information                                                                                             YES
                                                                                                                                                                         NO
           Site Acquisition Information                                 PROJECT INFORMATION


                                                      last placed-in-                                                                                  is the seller a
                         site address                 service date                      seller name                        seller address              related party?
       1
       2
       3
       4
       5
       6
       7
       8
       9
      10
      11
      12
      13
      14
      15
      16
      17
      18
      19
      20
      21
      22
      23
      24
      25
      26
      27
      28
      29
      30
      31
      32
      33
      34
      35
      36
      37
      38
      39
      40


           Will this project consist of scattered sites?                           no          See 2010 QAP for details.




           Will the site be subdivided?                                    Yes                                    No

           Area of Site (Acres):



                                                          OCCUPANCY INFORMATION if applicable

           Are any of the units currently occupied?

                                   Yes                                     No
                                   % of units occupied

           Does this project involve the relocation of any commercial or residential tenants, or will any occupied portion of the project be made vacant?

                                   Yes                                     No

           If Yes, please attach a Relocation Plan with the application. This plan must include a budget.
           URA forms must be submitted for those projects seeking funding from the HDAP Program.




Page 16 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                x


                                                   Project Information                                 YES
                                                                                                       NO
                                                              PROJECT INFORMATION
                                                            SCHEDULE OF DEVELOPMENT
                                                                                 Performance Date
                Activity                                                       Goal           Actual
          1. Formation of Limited Partnership
          2. Land or Building acquired
          3. Phase I Environmental Review
          4. Zoning permit obtained
          5. 10% completion
          6. Appraisal completed
          7. Building permits obtained
          8. Construction loan committed
          9. Permanent financing committed
         10. Construction contract executed
         11. Construction loan closing
         12. Equity closing
         13. Site preparation and/or demolition begins
         14. Start of construction, contractor's commencement notice
         15. 50% completion
         16. Occupancy approval
         17. Permanent loan closing
         18. Construction completion


         Estimated placed-in-service date:           First building:         Last building:

This is the official OHFA Form




Page 17 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                           0 x


                                    Project Proforma (Standard)
                                             ANNUAL GROSS PROJECT INCOME CALCULATION

Include all low-income and market rate units in this section.
Applicants must complete all applicable information in the table below.
For Gross Rents, HDAP applicants must apply the HUD Low HOME Rent to HDAP restricted units.




         NUMBER                                     AFFORD-ABLE OCCUPIED              TENANT                                        MONTHLY
NUMBER OF BED-       NUMBER OF         SQUARE        TO WHAT % BY WHAT %   GROSS        PAID         RENTAL                          RENTAL         MAXIMUM
OF UNITS ROOMS       BATHROOMS        FOOTAGE         OF AMGI   OF AMGI?   RENTS      UTILITIES      SUBSIDY    NET RENTS            INCOME       GROSS RENTS
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                               $            -   $             -     #VALUE!
                                                                                                     Monthly Rental Income:     $             -

                 # of years remaining on rental                                               Annual Net Rental Income:         $             -
                subsidy contract (if applicable):                                         Annual Residential Fee Income:
                                                                                                   Annual Other Income:
                                                                                             Annual Commercial Income:

                                 Vacancy Rate:                                                    Annual Vacancy Allowance:     $             -
                      First Year Vacancy Rate:
                                                                                                     Gross Annual Income:       $             -



                                                         PROJECT INCOME INFORMATION

                        Fee income source(s):

                      Other income source(s):

                Commercial income source(s):

                     Rental subsidy source(s):




Page 18 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                       0 x


                                     Project Proforma (Standard)
                                                    ANNUAL PROJECT EXPENSES CALCULATION


                                                                                owner paid
                                                              Advertising:
                                                                     Legal:
                                                        Accounting/Audit:
                                                          Office Supplies:
                                                                  Elevator:
                                 Fuel (heat & hot water) - Common Area:
                                           Water/Sewer - Common Area:
                        Lighting & Miscellaneous Power - Common Area:
                                                          Trash Removal:
                                                                  Security:
                                                               Decorating:
                                                                  Repairs:
                                                           Exterminating:
                                                                 Grounds:
                                   Maintenance Salaries & Payroll Taxes:
                                                  Maintenance Supplies:
                                                    Service Coordinator:
                                                    Supportive Services:
                                                                Insurance:
                                                          Property Taxes:
                                                     Management Fees:
                                                 Replacement Reserves:
                                             Owner-Paid Utilities - Units:
                                                      Annual Bond Fees:
                           Other:                  specify
                           Other:                  specify
                                                                                              Total Annual Operating Expenses:    $   -
                                                                                                        Annual Expenses (Hard)    $   -
                                                                                                          Annual Expenses (All)   $   -




If the total annual operating expenses do not meet OHFA requirements, please explain why.
                       Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

Describe any specific line items in the annual project expenses that may need further explanation.
                     Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


Source of monthly utility expense information:


Tenant-paid Utilities
        BR Type:        SRO              0 BR           1BR           2BR           3BR           4BR
            Heat:
         Electric:
          Water:
          Sewer:
          Trash:
 Other:     specify
        TOTALS: $                -   $          -   $         -   $         -   $         -   $         -

Owner-paid Utilities
        BR Type:        SRO              0 BR           1BR           2BR           3BR           4BR
            Heat:
         Electric:
          Water:
          Sewer:
          Trash:
 Other:     specify
        TOTALS: $                -   $          -   $         -   $         -   $         -   $         -




Page 19 of 59
             Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                              0 x


                                     Project Proforma (Standard)
                                             CONSTRUCTION FINANCING AND EQUITY SOURCES

All blanks pertaining to a source must be completed. Mark N/A if a space does not apply
                                                                                                    ANNUAL                          AMORTI-
                                                                                                     DEBT         INTEREST          ZATION
                                                  SOURCE NAME                      AMOUNT           SERVICE         RATE     TERM   PERIOD
                CONSTRUCTION LOAN
                 TAX CREDIT EQUITY
       HISTORIC TAX CREDIT EQUITY                                                                                                             `
                              HDAP
         DEFERRED DEVELOPER FEE
                  OTHER FINANCING
                  OTHER FINANCING
                                                                               $            -   $             -
All blanks pertaining to a source must be completed. Mark N/A if a space does not apply


                                                PERMANENT FINANCING AND EQUITY SOURCES

The Ohio Housing Finance Agency requires that all non-OHFA permanent source(s) be committed or conditionally
committed at the time of application.
If the project has Historic Tax Credits, do not combine the Historic Tax Credit and Housing Credit equity.

                                                                                                    ANNUAL                          AMORTI-
                                                                                                     DEBT         INTEREST          ZATION
                                                  SOURCE NAME                      AMOUNT           SERVICE         RATE     TERM   PERIOD
             PERMANENT LOAN (1st)
             PERMANENT LOAN (2nd)
                 TAX CREDIT EQUITY
       HISTORIC TAX CREDIT EQUITY
                              HDAP
         DEFERRED DEVELOPER FEE
          SOFT FINANCING (SPECIFY)
          SOFT FINANCING (SPECIFY)
        OTHER FINANCING (SPECIFY)
        OTHER FINANCING (SPECIFY)
                                                                    TOTALS $                -   $             -
All blanks pertaining to a source must be completed. Mark N/A if a space does not apply

If this project is participating in the HUD Portfolio Reengineering Program ("Mark-to-Market"), enter the amount of soft
subordinate debt to be restructured by HUD under this program:

Discuss any pre-development funding that is being provided to the project, including whether funds are in the form of a loan or a grant and the
expenses and activities covered by the pre-development funding.
                       Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

If the financial structure is anticipated to change during the life of the project, explain when and how this will occur.
                          Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.




Page 20 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                            0 x


                                   Project Proforma (Standard)
                                                 STABLE YEAR CASH FLOW CALCULATION

                                      Gross Annual Income:     $             -


                            Operating Expenditures (Hard):     $             -


                            Net Operating Income (Hard):       $             -


                              Primary Debt Service (Hard):     $             -
                            Secondary Debt Service (Hard):     $             -


                               Cash Flow (Hard Debt Only):     $             -   Net Operating Income (Hard) less Debt Service (Hard).

                               Hard Debt Coverage Ratio:           #DIV/0!       Net Operating Income (Hard) divided by Debt Service (Hard).
                                                                                 Please see program guidelines for Hard DCR minimum
                                                                                 and maximum.

                                      Gross Annual Income:     $             -


                               Operating Expenditures (All):   $             -


                               Net Operating Income (All):     $             -   Gross Annual Income less Operating Expenditures (All).

                                        HDAP Debt Service      $             -
                            Debt Service for Deferred Fees:    $             -
                                 Other Debt Service (Soft):    $             -


                                       Cash Flow (All Debt):   $             -   Net Operating Income (All) less Debt Service (Hard & Soft).



                             Overall Debt Coverage Ratio:          #DIV/0!       Divide Net Operating Income (All) by Debt Service (All).
                                                                                 Please see program guidelines for Overall DCR minimum
                                                                                 and maximum.

OHFA underwriting is based in part upon the analysis of a 15-year proforma, assuming a 2% annual increase in revenue
and a 3% annual increase in expenses.




Page 21 of 59
             Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                          0 x


                                            Project Proforma (Standard)
                                       ITEMIZATION OF PROJECT COSTS AND ELIGIBLE BASIS (STANDARD)

All costs projected to be incurred by the project (eligible and ineligible) are to be listed under total costs.
Those costs to be included in eligible basis are to be broken out by acquisition, rehabilitation, and new construction.
For projects containing a mix of rehabilitation and new construction, eligible costs not directly attributable to the type
of construction (e.g. - most soft costs) may be classified into rehabilitation, new construction, or both,
at the applicant's discretion.
                                                                                                  HOUSING CREDIT ELIGIBLE BASIS - STANDARD

                                                                                         ACQUISITION              REHABILITATION           NEW CONSTRUCTION

                                                                   TOTAL COSTS
                                                     Land:
                                       Land Broker Fees:
                                     Building Acquisition:
                                  Demolition/Relocation:
                                 On-Site Improvements:
                                 Off-Site Improvements:
                 Hard Construction (Residential New Const.):
                Hard Construction (Residential Rehab.):
                       Hard Construction (Commercial):
                        Hard Construction (Fee Items*):
                              Construction Contingency:
                                 Furnishings/Appliances:
                                 General Requirements:
                                   Contractor Overhead:
                                        Contractor Profit:
                                      Architectural Fees:
                                         Survey(s) Costs:
                                       Engineering Fees:
                                 Construction Insurance:
                                   Construction Interest:
                             Construction Loan(s) Fees:
                               Permanent Loan(s) Fees:
                            Costs of TE-Bond Issuance:
                                                    Taxes:
                                                Appraisal:
                                            Market Study:
                                  Environmental Report:
                        Housing Credit Application Fee:
                       Housing Credit Reservation Fee:
                            Compliance Monitoring Fee:
                               Rent-up Costs/Marketing:
                                       Title & Recording:
                   Legal Fees (not syndication related):
                                        Accounting Fees:
                          Developer's Fee & Overhead:
                                        Consultant Fees:
                                  **Organizational Fees:
                                **Syndication Expenses:
                                  **Operating Reserves:
                               **Replacement Reserves:
                                    Other    (specify here)
                                    Other    (specify here)
                                    Other    (specify here)
                                    Other    (specify here)
                                                 TOTALS:       $                 -   $                   -   $                     -   $                      -

* - Fee items include things that tenants must pay a fee to use, such as garages, carports, pools, and recreation rooms.
** - Lower-tier (project) costs ONLY.




Page 22 of 59
              Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                    0 x


                                              Project Proforma (Standard)
                                                              SOURCES AND USES BREAKDOWN (STANDARD)
                                                                                               SOURCES




                                                  0




                                                               0




                                                                           0




                                                                                       0




                                                                                                   0




                                                                                                               0




                                                                                                                           0




                                                                                                                                       0




                                                                                                                                                    0




                                                                                                                                                                     0
                        USES
                                     Land:
                        Land Broker Fees:
                    Building Acquisition:
                  Demolition/Relocation:
                 On-Site Improvements:
                 Off-Site Improvements:
  Hard Construction (Res. New Const.):
       Hard Construction (Res. Rehab.):
       Hard Construction (Commercial):
        Hard Construction (Fee Items*):
              Construction Contingency:
                Furnishings/Appliances:
                 General Requirements:
                   Contractor Overhead:
                         Contractor Profit:
                     Architectural Fees:
                         Survey(s) Costs:
                        Engineering Fees:
                Construction Insurance:
                   Construction Interest:
             Construction Loan(s) Fees:
               Permanent Loan(s) Fees:
            Costs of TE-Bond Issuance:
                                   Taxes:
                                Appraisal:
                            Market Study:
                  Environmental Report:
        Housing Credit Application Fee:
       Housing Credit Reservation Fee:
            Compliance Monitoring Fee:
               Rent-up Costs/Marketing:
                        Title & Recording:
    Legal Fees (not syndication related):
                        Accounting Fees:
          Developer's Fee & Overhead:
                         Consultant Fees:
                  **Organizational Fees:
                **Syndication Expenses:
                  **Operating Reserves:
              **Replacement Reserves:
                Other        (specify here)
                Other        (specify here)
                Other        (specify here)
                Other        (specify here)
                           SOURCE TOTALS:     $       -   $        -   $       -   $       -   $       -   $       -   $       -   $       -   $             -   $       -

                                                                                                                                               Grand Total       $       -




Page 23 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                         0 x


                                      Project Proforma (Standard)
                                                                     PROJECT COST NARRATIVES

Describe the provisions made for project reserves, including operating reserve, replacement reserve, lease-up reserve,
and any lender reserve. Provide the assumptions used to estimate the reserve needs.
                      Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


Describe any specific line items in the operating proforma that may need further explanation.
                        Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.



                                                                PROJECT COST CALCULATIONS

            Total Development Cost per Unit:               #DIV/0!         Total Project Costs (less land, commercial hard construction, compliance
                                                                           monitoring fee, operating reserves, replacement reserves, & residential
                                                                           historic rehabilitation tax credit amount) divided by total number of units.


                Maximum Development Cost per Unit:         #DIV/0!         100% of the HUD 221(d)(3) Mortgage Limit per Unit




                              Developer Fee %:             #DIV/0!         Developer's Fee & Overhead plus Consultant Fees divided by
                                                                           Total Housing Credit Eligible Basis.

                     Maximum Developer Fee:            $               -   Equal to 15% of Rehabilitation and New Construction Eligible Basis plus
                                                                           5% of Acquisition Eligible Basis.
                                                                                             --- OR ---
                                                       $               - Equal to 15% of Rehabilitation and New Construction Eligible Basis plus 10%
                                                                           of Acquisition Eligible Basis (for prop. transfers requiring HUD approval).




           Contr. Profit, OH, & Gen. Req. %:               #DIV/0!         Contractor's Profit, Overhead, & General Requirements divided by
                                                                           Total Rehabilitation and New Construction Eligible Basis.

                              Total Soft Cost %:           #DIV/0!         Total Soft Costs (less: construction insurance, interest, & loan fees;
                                                                           housing credit application, reservation, & monitoring fees; and operating
                                                                           & replacement reserves) / by Total Housing Credit Eligible Basis.



                  Hard Construction Costs for Rehab:   $               -   Sum of rehabilitation costs for residential hard construction, on-site
                                                                           improvements, construction contingency, furnishings and appliances.

           Rehab Hard Construction Cost %:                 #DIV/0!         Hard Construction Cost for Rehabilitation divided by
                                                           #DIV/0!         Total Project Cost (less land).

                  Maximum Net Eligible Basis:                        #DIV/0!              100% of the HUD 221(d)(3) Mortgage Limit per Unit multiplied by
                                                                                          the total number of units




Page 24 of 59
             Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                             0   x

                  Project Proforma (Up to 130% Basis Adjustment)
                                                ANNUAL GROSS PROJECT INCOME CALCULATION
roll over this cell for basis adjustment information


                      Complete all sections under red banners
                      Information common to both proformas will be filled into this page automatically

         NUMBER                                       AFFORD-ABLE OCCUPIED                                                             MONTHLY
NUMBER OF BED-         NUMBER OF         SQUARE        TO WHAT % BY WHAT %   GROSS     TENANT PAID     RENTAL                           RENTAL         MAXIMUM
OF UNITS ROOMS         BATHROOMS        FOOTAGE         OF AMGI   OF AMGI?   RENTS       UTILITIES     SUBSIDY     NET RENTS            INCOME       GROSS RENTS
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
    0         0              0              0             0          0         0            0              0      $            -   $             -     #VALUE!
                                                                                                       Monthly Rental Income:      $             -

                    # of years remaining on rental                                                  Annual Net Rental Income:      $             -
                  subsidy contract (if applicable):       0                                     Annual Residential Fee Income:     $             -
                                                                                                         Annual Other Income:      $             -
                                                                                                   Annual Commercial Income:       $             -

                                   Vacancy Rate:        0.00%                                      Annual Vacancy Allowance:       $             -
                        First Year Vacancy Rate:        0.00%
                                                                                                       Gross Annual Income:        $             -



                                                              PROJECT INCOME INFORMATION

                          Fee income source(s): 0

                        Other income source(s): 0

                  Commercial income source(s): 0

                       Rental subsidy source(s): 0




Page 25 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                     0   x

                Project Proforma (Up to 130% Basis Adjustment)
                                                ANNUAL GROSS PROJECT INCOME CALCULATION
                                                  ANNUAL PROJECT EXPENSES CALCULATION


                                                                                owner paid
                                                               Advertising:     $         -
                                                                      Legal:    $         -
                                                        Accounting/Audit:       $         -
                                                           Office Supplies:     $         -
                                                                   Elevator:    $         -
                                 Fuel (heat & hot water) - Common Area:         $         -
                                           Water/Sewer - Common Area:           $         -
                        Lighting & Miscellaneous Power - Common Area:           $         -
                                                          Trash Removal:        $         -
                                                                   Security:    $         -
                                                                Decorating:     $         -
                                                                   Repairs:     $         -
                                                            Exterminating:      $         -
                                                                  Grounds:      $         -
                                   Maintenance Salaries & Payroll Taxes:        $         -
                                                  Maintenance Supplies:         $         -
                                                    Service Coordinator:        $         -
                                                    Supportive Services:        $         -
                                                                 Insurance:     $         -
                                                          Property Taxes:       $         -
                                                     Management Fees:           $         -
                                                 Replacement Reserves:          $         -
                                             Owner-Paid Utilities - Units:      $         -
                                                      Annual Bond Fees:         $         -
                           Other:                  specify                      $         -
                           Other:                  specify                      $         -
                                                                                              Total Annual Operating Expenses: $    -
                                                                                                        Annual Expenses (Hard) $    -
                                                                                                          Annual Expenses (All) $   -



If the total annual operating expenses do not meet OHFA requirements, please explain why.
                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

Describe any specific line items in the annual project expenses that may need further explanation.
                         Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


Source of monthly utility expense information:
0

Tenant-paid Utilities
       BR Type:         SRO              0 BR           1BR           2BR           3BR           4BR
           Heat: $               -   $          -   $         -   $         -   $         -   $         -
        Electric: $              -   $          -   $         -   $         -   $         -   $         -
         Water: $                -   $          -   $         -   $         -   $         -   $         -
         Sewer: $                -   $          -   $         -   $         -   $         -   $         -
         Trash: $                -   $          -   $         -   $         -   $         -   $         -
 Other:    specify $             -   $          -   $         -   $         -   $         -   $         -
      TOTALS: $                  -   $          -   $         -   $         -   $         -   $         -

Owner-paid Utilities
       BR Type:         SRO              0 BR           1BR           2BR           3BR           4BR
           Heat: $               -   $          -   $         -   $         -   $         -   $         -
        Electric: $              -   $          -   $         -   $         -   $         -   $         -
         Water: $                -   $          -   $         -   $         -   $         -   $         -
         Sewer: $                -   $          -   $         -   $         -   $         -   $         -
         Trash: $                -   $          -   $         -   $         -   $         -   $         -
 Other: specify $                -   $          -   $         -   $         -   $         -   $         -
      TOTALS: $                  -   $          -   $         -   $         -   $         -   $         -




Page 26 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                        0   x

                Project Proforma (Up to 130% Basis Adjustment)
                                   ANNUAL GROSS PROJECT INCOME CALCULATION
                    CONSTRUCTION FINANCING AND EQUITY SOURCES (UP TO 130 % BASIS ADJUSTMENT)

All blanks pertaining to a source must be completed. Mark N/A if a space does not apply
                                                                                                  ANNUAL                           AMORTI-
                                                                                                   DEBT         INTEREST           ZATION
                                                SOURCE NAME                      AMOUNT           SERVICE         RATE     TERM    PERIOD
             CONSTRUCTION LOAN
                TAX CREDIT EQUITY
      HISTORIC TAX CREDIT EQUITY
                             HDAP
        DEFERRED DEVELOPER FEE
                 OTHER FINANCING
                 OTHER FINANCING
                                                                             $            -   $             -
All blanks pertaining to a source must be completed. Mark N/A if a space does not apply


                      PERMANENT FINANCING AND EQUITY SOURCES (UP TO 130% BASIS ADJUSTMENT)

The Ohio Housing Finance Agency requires that all non-OHFA permanent source(s) be committed or conditionally
committed at the time of application.
If the project has Historic Tax Credits, do not combine the Historic Tax Credit and Housing Credit equity.

                                                                                                  ANNUAL                           AMORTI-
                                                                                                   DEBT         INTEREST           ZATION
                                                SOURCE NAME                      AMOUNT           SERVICE         RATE     TERM    PERIOD
            PERMANENT LOAN (1st)
            PERMANENT LOAN (2nd)
                TAX CREDIT EQUITY
      HISTORIC TAX CREDIT EQUITY
                             HDAP
        DEFERRED DEVELOPER FEE
         SOFT FINANCING (SPECIFY)
         SOFT FINANCING (SPECIFY)
       OTHER FINANCING (SPECIFY)
       OTHER FINANCING (SPECIFY)
                                                                  TOTALS $                -   $             -
All blanks pertaining to a source must be completed. Mark N/A if a space does not apply

If this project is participating in the HUD Portfolio Reengineering Program ("Mark-to-Market"), enter the amount of soft
subordinate debt to be restructured by HUD under this program:                            $        -


Discuss any pre-development funding that is being provided to the project, including whether funds are in the form of a loan or a grant and the expenses
of a loan or a grant and the expenses and activities covered by the pre-development funding.
                        Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

If the financial structure is anticipated to change during the life of the project, explain when and how this will occur.
                          Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.




Page 27 of 59
            Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                         0   x

                Project Proforma (Up to 130% Basis Adjustment)
                                           ANNUAL GROSS PROJECT INCOME CALCULATION
                                              STABLE YEAR CASH FLOW CALCULATION

                                     Gross Annual Income: $               -


                            Operating Expenditures (Hard): $              -


                            Net Operating Income (Hard): $                -


                             Primary Debt Service (Hard): $               -
                           Secondary Debt Service (Hard): $               -


                              Cash Flow (Hard Debt Only): $               - Net Operating Income (Hard) less Debt Service (Hard).


                              Hard Debt Coverage Ratio:         #DIV/0!       Net Operating Income (Hard) divided by Debt Service (Hard).
                                                                              Please see program guidelines for Hard DCR minimum
                                                                              and maximum.

                                     Gross Annual Income: $               -


                              Operating Expenditures (All): $             -


                              Net Operating Income (All): $               - Gross Annual Income less Operating Expenditures (All).


                                       HDAP Debt Service $                -
                           Debt Service for Deferred Fees: $              -
                                Other Debt Service (Soft): $              -


                                      Cash Flow (All Debt): $             - Net Operating Income (All) less Debt Service (Hard & Soft).



                            Overall Debt Coverage Ratio:        #DIV/0!       Divide Net Operating Income (All) by Debt Service (All).
                                                                              Please see program guidelines for Overall DCR minimum
                                                                              and maximum.

OHFA underwriting is based in part upon the analysis of a 15-year proforma, assuming a 2% annual increase in revenue
and a 3% annual increase in expenses.




Page 28 of 59
             Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                         0   x

                 Project Proforma (Up to 130% Basis Adjustment)
                                                       ANNUAL GROSS PROJECT INCOME CALCULATION
                                                    ITEMIZATION OF PROJECT COSTS AND ELIGIBLE BASIS

All costs projected to be incurred by the project (eligible and ineligible) are to be listed under total costs.
Those costs to be included in eligible basis are to be broken out by acquisition, rehabilitation, and new construction.
For projects containing a mix of rehabilitation and new construction, eligible costs not directly attributable to the type
of construction (e.g. - most soft costs) may be classified into rehabilitation, new construction, or both,
at the applicant's discretion.
                                                                                                        HOUSING CREDIT ELIGIBLE BASIS

                                                                                          ACQUISITION            REHABILITATION           NEW CONSTRUCTION

                                                                    TOTAL COSTS
                                                      Land:
                                       Land Broker Fees:
                                      Building Acquisition:
                                  Demolition/Relocation:
                                  On-Site Improvements:
                                  Off-Site Improvements:
                  Hard Construction (Residential New Const.):
                Hard Construction (Residential Rehab.):
                      Hard Construction (Commercial):
                       Hard Construction (Fee Items*):
                              Construction Contingency:
                                 Furnishings/Appliances:
                                 General Requirements:
                                   Contractor Overhead:
                                         Contractor Profit:
                                       Architectural Fees:
                                          Survey(s) Costs:
                                        Engineering Fees:
                                 Construction Insurance:
                                     Construction Interest:
                             Construction Loan(s) Fees:
                               Permanent Loan(s) Fees:
                            Costs of TE-Bond Issuance:
                                                     Taxes:
                                                 Appraisal:
                                            Market Study:
                                  Environmental Report:
                        Housing Credit Application Fee:
                       Housing Credit Reservation Fee:
                            Compliance Monitoring Fee:
                               Rent-up Costs/Marketing:
                                        Title & Recording:
                   Legal Fees (not syndication related):
                                         Accounting Fees:
                          Developer's Fee & Overhead:
                                         Consultant Fees:
                                  **Organizational Fees:
                                **Syndication Expenses:
                                   **Operating Reserves:
                              **Replacement Reserves:
                             Other           (specify here)
                             Other           (specify here)
                             Other           (specify here)
                             Other           (specify here)
                                                 TOTALS:        $                 -   $                 -   $                     -   $                      -

* - Fee items include things that tenants must pay a fee to use, such as garages, carports, pools, and recreation rooms.
** - Lower-tier (project) costs ONLY.




Page 29 of 59
              Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                   0       x

                Project Proforma (Up to 130% Basis Adjustment)
                                      SOURCESANNUAL GROSS PROJECT INCOME CALCULATION
                                              AND USES BREAKDOWN (UP TO 130% BASIS ADJUSTMENT)
                                                                                        SOURCES




                                             0




                                                     0




                                                              0




                                                                          0




                                                                                        0




                                                                                                  0




                                                                                                          0




                                                                                                                  0




                                                                                                                          0




                                                                                                                                                0
                       USES
                                    Land:
                      Land Broker Fees:
                     Building Acquisition:
                 Demolition/Relocation:
                On-Site Improvements:
                Off-Site Improvements:
  Hard Construction (Res. New Const.):
      Hard Construction (Res. Rehab.):
      Hard Construction (Commercial):
       Hard Construction (Fee Items*):
             Construction Contingency:
                Furnishings/Appliances:
                General Requirements:
                  Contractor Overhead:
                        Contractor Profit:
                      Architectural Fees:
                        Survey(s) Costs:
                      Engineering Fees:
                Construction Insurance:
                  Construction Interest:
            Construction Loan(s) Fees:
             Permanent Loan(s) Fees:
           Costs of TE-Bond Issuance:
                                  Taxes:
                               Appraisal:
                           Market Study:
                 Environmental Report:
       Housing Credit Application Fee:
       Housing Credit Reservation Fee:
           Compliance Monitoring Fee:
              Rent-up Costs/Marketing:
                       Title & Recording:
   Legal Fees (not syndication related):
                       Accounting Fees:
         Developer's Fee & Overhead:
                        Consultant Fees:
                 **Organizational Fees:
               **Syndication Expenses:
                 **Operating Reserves:
             **Replacement Reserves:
             Other          (specify here)
             Other          (specify here)
             Other          (specify here)
             Other          (specify here)
                          SOURCE TOTALS:     $   -   $    -   $       -   $        -    $     -   $   -   $   -   $   -   $                 -   $   -

                                                                                                                          Grand Total           $   -




Page 30 of 59
           Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                           0   x

                Project Proforma (Up to 130% Basis Adjustment)
                                                         PROJECT COST INCOME CALCULATION
                                                 ANNUAL GROSS PROJECT NARRATIVES

Describe the provisions made for project reserves, including operating reserve, replacement reserve, lease-up reserve,
and any lender reserve. Provide the assumptions used to estimate the reserve needs.
                       Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


Describe any specific line items in the operating proforma that may need further explanation.
                        Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.



                                                                 PROJECT COST CALCULATIONS

           Total Development Cost per Unit:                #DIV/0!     Total Project Costs (less land, commercial hard construction, compliance
                                                                       monitoring fee, operating reserves, replacement reserves, & residential
                                                                       historic rehabilitation tax credit amount) divided by total number of units.



                Maximum Development Cost per Unit:         #DIV/0!     100% of the HUD 221(d)(3) Mortgage Limit per Unit




                              Developer Fee %:             #DIV/0!     Developer's Fee & Overhead plus Consultant Fees divided by
                                                                       Total Housing Credit Eligible Basis.



                     Maximum Developer Fee:            $             - Equal to 15% of Rehabilitation and New Construction Eligible Basis plus
                                                                       5% of Acquisition Eligible Basis.

                                                                                             --- OR ---
                                                       $             - Equal to 15% of Rehabilitation and New Construction Eligible Basis plus 10%
                                                                       of Acquisition Eligible Basis (for prop. transfers requiring HUD approval).




           Contr. Profit, OH, & Gen. Req. %:               #DIV/0!     Contractor's Profit, Overhead, & General Requirements divided by
                                                                       Total Rehabilitation and New Construction Eligible Basis.



                              Total Soft Cost %:           #DIV/0!     Total Soft Costs (less: construction insurance, interest, & loan fees;
                                                                       housing credit application, reservation, & monitoring fees; and operating
                                                                       & replacement reserves) / by Total Housing Credit Eligible Basis.




                  Hard Construction Costs for Rehab:   $             - Sum of rehabilitation costs for residential hard construction, on-site
                                                                       improvements, construction contingency, furnishings and appliances.



           Rehab Hard Construction Cost %:                 #DIV/0!     Hard Construction Cost for Rehabilitation divided by

                                                           #DIV/0!     Total Project Cost (less land).



                  Maximum Net Eligible Basis:                                    #DIV/0!   100% of the HUD 221(d)(3) Mortgage Limit per Unit multiplied by
                                                                                           the total number of units




Page 31 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                   0


                                                                   Public Notification
                                                         Elected Officials and Legislators Where Project is Located
         See program guidelines for specific instructions.


         If the project is located in a city or village, complete Part a;
         if the project is located in a township, complete Part b. All projects must complete Parts c, d and e.

a.           CITY OR VILLAGE

         Chief Executive Officer in which the project is located                          Clerk of the Legislative Body in which project is located




b.                     TOWNSHIP

         Clerk of the Board of Trustees in which proposed project is located




c.                        COUNTY

         Clerk of the Board of Commissioners in which the project is located




d.       STATE REPRESENTATIVE


         State Representative in which the project is located                                        District




e.       STATE SENATOR

         State Senator in which the project is located                                               District




                                     Elected Officials and Legislators For Jurisdictions Within 1/2 Mile of the Project

a.           CITY OR VILLAGE

         Chief Executive Officer 1/2 mile from which proposed project is located          Clerk of the Legislative Body 1/2 mile from which proposed project is located




b.                     TOWNSHIP

         Clerk of the Board of Trustees 1/2 mile from which proposed project is located




c.                        COUNTY

         Clerk of the Board of Commissioners 1/2 mile from which proposed project is located




d.       STATE REPRESENTATIVE

         State Representative 1/2 mile from which proposed project is located             District




e.       STATE SENATOR

         State Senator 1/2 mile from which proposed project is located                    District




Page 32 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                   0


                                                                  Public Notification
                                    Elected Officials and Legislators For Jurisdictions Within 1/2 Mile of the Project

a.           CITY OR VILLAGE

         Chief Executive Officer 1/2 mile from which proposed project is located          Clerk of the Legislative Body 1/2 mile from which proposed project is located




b.                    TOWNSHIP

         Clerk of the Board of Trustees 1/2 mile from which proposed project is located




c.                        COUNTY

         Clerk of the Board of Commissioners 1/2 mile from which proposed project is located




d.       STATE REPRESENTATIVE

         State Representative 1/2 mile from which proposed project is located             District




e.       STATE SENATOR

         State Senator 1/2 mile from which proposed project is located                    District




                                    Elected Officials and Legislators For Jurisdictions Within 1/2 Mile of the Project

a.           CITY OR VILLAGE

         Chief Executive Officer 1/2 mile from which proposed project is located          Clerk of the Legislative Body 1/2 mile from which proposed project is located




b.                    TOWNSHIP

         Clerk of the Board of Trustees 1/2 mile from which proposed project is located




c.                        COUNTY

         Clerk of the Board of Commissioners 1/2 mile from which proposed project is located




d.       STATE REPRESENTATIVE

         State Representative 1/2 mile from which proposed project is located             District



e.       STATE SENATOR

         State Senator 1/2 mile from which proposed project is located                    District




Page 33 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                       0

                           2010 OHFA Program Certification
An original executed OHFA Program Certification must be submitted for each general partner participating in the project.

 The undersigned, having full power and authority to execute, deliver, perform, enter into and carry out the performance of this application, hereby
 represents and certifies under penalty of perjury that:

 To the best of his/her knowledge, all information contained within, attached to, and submitted with the 2010 Ohio Housing Finance Agency Affordable
 Housing Funding Application is true and complete, and accurately describes the proposed project;

 Any additional information requested by the Ohio Housing Finance Agency will be supplied by the undersigned in order for this application to remain
 valid;

 The undersigned affirmatively covenants that it does not owe (a) any delinquent taxes to the State of Ohio ("the State") or a political subdivision of the
 State; (b) any moneys to the State or a state agency for the administration or enforcement of any environmental laws of the State; and (c) any other
 moneys to the State, a state agency or a political subdivision of the State that are past due, whether the amounts owed are being contested in a court
 of law or not;

 The undersigned agrees that the Ohio Housing Finance Agency (including its agencies) will at all times be indemnified and held harmless against all
 losses, costs, damages, expenses, and liabilities whatsoever nature or kind (including, but not limited to attorney's fees, litigation, and court costs,
 amounts paid in settlement, and amounts paid to discharge judgment, and any loss from judgment from the Internal Revenue Service) directly or
 indirectly resulting from, arising out of, or related to acceptance, consideration, and approval or disapproval of such allocation and/or funding request.

 It is the responsibility of the undersigned and any of its employees, agents or sub-contractors in doing business with the Ohio Housing Finance
 Agency to adhere to and comply with all Federal Civil Rights legislation inclusive of the Fair Housing Laws, Section 504 of the Rehabilitation Act of
 1973, the Americans With Disabilities Act as well as any state and local Civil Rights legislation along with any required related codes and laws.
 Should the Ohio Housing Finance Agency not specify any requirements, such as design, it is none the less the owners responsibility to be aware of
 and comply with all non-discrimination provisions relating to race, color, religion, sex, handicap, familial status, and national origin. This includes
 design requirements for construction or rehabilitation, Equal Opportunity in regard to marketing and tenant selection and reasonable accommodation
 and modification for those tenants covered under the Laws.

 The undersigned will unconditionally comply with all policies, rules, regulations, and guidelines of the Ohio Housing Finance Agency.

 The undersigned declares that notification pursuant to ORC Section 175.07 and program guidelines has been made. The undersigned assumes full
 responsibility for notification and agrees to hold the OHFA harmless for notification requirements.

 If applying for the Housing Credit Program, the following additional conditions will apply:

 The undersigned is responsible for ensuring that the project consists or will consist of a qualified low-income building or buildings as defined in the
 Internal Revenue Code, Section 42, and will satisfy all applicable requirements of federal tax law in the acquisition, rehabilitation, or construction and
 operation of the project to receive low-income housing tax credits.

 If applying for the Housing Development Loan Program, the following additional conditions will apply:

 The undersigned is responsible for the provision of ORC 175, the pertinent Administrative Rules, and OHFA Loan Guidelines.

 The undersigned certifies that this project can proceed only "but for" the receipt of the Housing Development Loan.

 If applying for the Housing Development Assistance Program (HDAP), the following additional conditions will apply:

 The undersigned has full power and authority to execute, deliver, perform, enter into and carry out the performance of this proposal according to the
 undersigned's charter, by-laws, and/or articles of incorporation;

 The undersigned has read, understood and will abide by the current HDAP guidelines.

 The board of the non-profit organization has passed a resolution authorizing submission of this request for funding to the Ohio Housing Finance
 Agency, and a copy of this resolution is attached.




Page 34 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                           0

                          2010 OHFA Program Certification
IN WITNESS WHEREOF, the undersigned has caused this document to be duly executed in its name on

                        this                         day of




                                               Legal Name of Actual or Proposed Ownership Entity




                  BY:
                               Authorized Signature - General Partner



                               Print Name



                               Title



                               Organization



                 STATE OF                                         :
                                                                  :             ss:
                COUNTY OF                                         :

          BEFORE ME, a Notary Public in and for said County and State, personally appeared the above-named




          who acknowledges that he/she did sign the foregoing instrument on behalf of ________________________________________,

          and that the same is the free act and deed of the ________________________________________________________________

          and his/her free act and deed individually and as such ____________________________________________________________.

          IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal at

          ____________________________, __________________, this ______________ day of ________________________, 2010.




Page 35 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                            0


                                             Housing Credit Program
                              This is the official OHFA form
                                                     PREVIOUS ALLOCATION OF HOUSING CREDIT

         Has this project previously received an allocation of Housing Credits?           Yes                No

         If Yes, complete the following:

                             Allocation Year:                               BIN #(s):
                      Placed In Service Date                       Original Tracking #:
   Names of previous owners or management who are parties in this new development

                                                      ANNUAL HOUSING CREDIT CALCULATION

                                                   total            total              total
                                                   acquisition      rehabilitation     new construction
                                                   basis            basis              basis
                             Total Eligible Basis: $              - $                - $              -

                Portion of Grants & Low-Interest
                 Federal Loans used to Finance
                  Qualifying Development Costs:                                                              Subtract from Total Eligible Basis.

                                 Non-Qualifying
                         Units of Higher Quality:                                                            Subtract from Total Eligible Basis.

                             Historic Tax Credit:                                                            Subtract from Total Eligible Basis.
                       (Residential Portion only)
                                                                                                #DIV/0!
                      Unit Cost Cap Adjustment:        #DIV/0!            #DIV/0!               #DIV/0!      Deduction for projects that exceed the
                                                                                                             HUD 221(d)(3) Mortgage Limits.
                                                                                                                      0
                               Net Eligible Basis      #DIV/0!            #DIV/0!               #DIV/0!

                       % of Sites in a 2009 QCT                                                              See Exhibit C of the 2010 QAP

                Adjusted Eligible Basis for QCT        #DIV/0!            #DIV/0!               #DIV/0!      Multiply Net Eligible Basis by 130% for Sites
                                                                                                             Located in a QCT.
           Maximum Additional Basis Available
                                                                          #DIV/0!               #DIV/0!

                                                                                                             See 2010 QAP page 52 for conditions associated with
                     Additional Basis Requested                                                              selecting this option
                                                                          #DIV/0!               #DIV/0!

                     Total Adjusted Eligible Basis     #DIV/0!            #DIV/0!               #DIV/0!

                             Applicable Fraction:      #DIV/0!            #DIV/0!               #DIV/0!      Lesser of Low-Income Unit Fraction or
                                                                                                             Low-Income Floor Space Fraction.

                           Total Qualified Basis:      #DIV/0!            #DIV/0!               #DIV/0!      Multiply Adjusted Eligible Basis
                                                                                                             by Applicable Fraction.

            Applicable Tax Credit Percentage:

                            Annual Amount of
                     Housing Credit Requested:         #DIV/0!            #DIV/0!               #DIV/0!      Multiply Total Qualified Basis by
                                                                                                             Applicable Tax Credit Percentage.

                             Previous Allocation:                                                            Subtract from Amount of HC Requested.



                                       Housing Credit Requested:          #DIV/0!         Add Acquisition, Rehabilitation, & New Construction
                                                                                          Housing Credit amounts.

                                     Ten Year Housing Credit Total:       #DIV/0!         Multiply Total Housing Credit Amount by 10.




Page 36 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                                 0


                                                Housing Credit Program
                                 This is the official OHFA form
                                                                  SALE OF LIMITED PARTNERSHIP


                    Name of Fund or Syndicator:

           Type of Offering:

                                 Public Offering                                               Self-Syndicated

                                 Private Offering                                              No Syndication

           Contact Person:                  Name:
                                          Phone #:                         (ext)                           Fax #:



                                                    HOUSING CREDIT EQUITY PROCEEDS CALCULATION


           Calculation of Net Equity:
                                                          Gross Equity:
                                  less: upper tier Bridge Loan interest:
                          less: lower tier OHFA Bridge Loan interest:
                            less: lower tier other Bridge Loan interest:
                                                 less other deductions:

                                                            Net Equity:    $                 - Should equal the Housing Credit Net Equity amount listed in
                                                                                               the conditional equity commitment letter

           Housing Credit Net Equity Factor:                               4 decimals          Less all upper tier costs and bridge loan interest, and
                                                                                               including OHFA Equity Bridge Loan (if applicable).


                                               DESIGNATION OF HOUSING CREDIT ALLOCATION POOL

           Applications for the competitive funding round will be assigned by OHFA to one allocation pool based on the characteristics
           of the proposed project. Mark an "x" in each applicable space below to determine the allocation pool for your project.

           Indicate whether all of the buildings in this project will be financed using one of the following USDA Rural Development programs:

       0                         Section 515 Rural Rental Housing Loan (new construction only)
       0                         Section 538 Rural Rental Housing Loan Guarantee (must equal at least 10% of total project costs)

           Will this project be designated as Permanent Supportive Housing for the Homeless that meets all applicable OHFA requirements?

                             0                        Yes                                      No


           Indicate whether all of the residential buildings in this project will meet one of the following definitions of preservation housing:

       0                         HUD Section 8 Housing Assistance Payment (HAP) contract due to expire on or before December 31, 2010.
       0                         Troubled project that has received assistance from the USDA Rural Development office.
       0                         Approved to participate in the HUD Portfolio Reengineering Program.
       0                         HUD Section 202 or Section 811 project placed-in-service prior to 1979.
       0                         Existing HUD Section 236 project with decoupling of Interest Reduction Payment (IRP).
       0                         Project that received an allocation of Housing Credits between 1987 and 1994 and was later completed and placed-in-service.

           This project will compete in the following allocation pool:                  Geographic Pool

           Geographic pool designation (if applicable):                            #N/A              FALSE                   #N/A

                                                                          OTHER TAX CREDITS
           Will this project use Federal Historic Rehabilitation Tax Credits in its financing structure?
                                                    Yes                                        No                      (If yes, answer all questions in this section)

                                 Are there buildings in this project listed on National Register of Historic Places?
                                                      Yes                                       No

                                 Have the buildings in this project received an approved Part I application from the Ohio Historic Preservation Office?
                                                       Yes                                        No                                  Approval Date
                                 % of the total units in this project contained in historic buildings

                                 Have one of the GP's or the contractor successfully completed and placed-in-service at least one other historic project?
                                                   Yes                                     No

           Will this project use the Ohio Historic Preservation Tax Credit in its financing structure?
                                                     Yes                                       No




Page 37 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                        0


                                             Housing Credit Program
                              This is the official OHFA form
                                                      RENT ELECTIONS and INCOME TARGETING

         Rent elections for the low-income units in the project: (use percentages)

                                    of the low-income units at               60%           of Area Median Gross Income (AMGI).

                                    of the low-income units at               50%           of AMGI.

                                    of the low-income units at               35%           of AMGI.




         Select one of the elections below
                             At least 20% of the rental residential units in this development are rent restricted
                             and to be occupied by individuals whose income is 50% or less of Area Median Income.

                              At least 40% of the rental residential units in this development are rent restricted
                              and to be occupied by individuals whose income is 60% or less of Area Median Income.



                                   HDAP OCCUPANCY & AFFORDABILITY REQUIREMENTS (if applicable)

         If applying for HDAP in addition to Housing Credits, please mark one box below:

         FOR PROJECTS LOCATED IN NON-PARTICIPATING JURISDICTIONS
                       At least 35% of the rental residential units in this development will be occupied by and affordable to
                       individuals at or below 50% of Area Median Income
                       5% of the units occupied and affordable to households with incomes at or below 35% AMGI

         FOR PROJECTS LOCATED IN PARTICIPATING JURISDICTIONS
                       At least 40% of the rental residential units in this development will be occupied by and affordable to
                       individuals at or below 50% of Area Median Income
                       10% of the units occupied and affordable to households with incomes at or below 35% AMGI



                                                         HOUSING CREDIT APPLICATION FEE

         Application Fee:      $          2,000

                                        Please make checks or money orders payable to:     Ohio Housing Finance Agency
                                             Please write the project name on the check.


                                                               ESTIMATED RESERVATION FEE

                   Reservation Fee (estimate):          #DIV/0!

                                                               ESTIMATED MONITORING FEE

                     Monitoring Fee (estimate):   $                -

                                                      OHIO HOUSING LOCATOR REGISTRATION

The owner and/or property manager of all housing credit credit properties funded from 2008 on are required to list their properties in the Ohio Housing Locator,
which is the OHFA-sponsored statewide, affordable housing database. The registration is required as soon as the units are placed in service. How do you intend
      To that this Housing Credits, in addition to completing Sections A, B, C, D, and E of the 2008 OHFA
to insure apply for takes place?

                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                 Link to Locator >>>>              www.OhioHousingLocator.org




Page 38 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                            0


         Housing Development Assistance Program (HDAP)
                                                                    THRESHOLD REVIEW

    The following items represent the minimum requirements for this program. The staff will strictly adhere to the policies established in the
    program guidelines. It is strongly recommended that applicants review the guidelines to avoid delays in processing their request.

                      HDAP RECIPIENT CONTACT NAME
                                AUTHORIZED SIGNER

In addition to the applicable Threshold requirements noted for the Housing Development Loan Program, the Recipient must submit:


                           Most recent audited financial statements of the Recipient (2009 or later)

                           Organizational Chart of the Applicant organization

                           Lead Based Paint Plan

                           Qualified Cost Estimates
                           (If any members of the development team have an identity of interest with the general contractor, then the
                           cost estimates must be from a third party)

                           Evidence of submission to the Local Clearinghouse:
                           - copy of the cover letter, and
                           - copy of one of the following:
                             a) stamped certified receipt
                             b) signed green card for certified mail
                             c) signed receipt from the Clearinghouse
                             d) letter from the Clearinghouse acknowledging receipt

                           Copy of Corporate Resolution of Recipient evidencing the authority of the "authorized signer" to sign legal documents
                           on behalf of the organization

                           Required Narratives

For Applicants qualified to participate in the HOME CHDO set-aside and/or applicants requesting a grant:

                           Submit a copy of the letter from the State acknowledging the entity as a State Certified CHDO

If applying for a Grant:

                           Evidence of Federal Tax-Exempt Status [i.e. 501(c)(3) or 501(c)(4)]

                           Articles of Incorporation and Ohio Secretary of State documentation of status for the Non-Profit Organization

                           By-Laws of the Non-Profit Organization

         NOTE: Projects that are currently receiving subsidy that requires rent to be maintained at an affordable level and
         are NOT being submitted as a Preservation Project are NOT eligible for an allocation of funds under HDAP.



                                                                 GENERAL INFORMATION

         If this project previously received an allocation of Credits, the original Housing Credit Tracking # will appear below.
                        0

         Type of award being requested (select one) :

                           Grant            NOTE: The project must meet the eligibility requirements for a grant, if requested.

                           Loan




Page 39 of 59
Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                                0


         Housing Development Assistance Program (HDAP)
                                          PROFILE OF COMMITTED/POTENTIAL FEDERAL FUNDING

         Federal Funding Anticipated and/or Awarded                                MUST INCLUDE ALL SOURCES OF HOME/FEDERAL DOLLARS
                                                                                                       Amounts

         Source                                                 HOME               CDBG                (Other)          (Other)
         HDAP                                                   $             -




                                                                                                                                            #DIV/0!
                                                      Totals:   $             -    $               -   $            -   $              -

         Calculation of Assisted Units - Estimate

         HDAP Assisted Units:                     #DIV/0!       HDAP Amount Requested divided by Total Project Cost multiplied by Total
                                                                Number of Units.

         HOME or Assisted Units:                  #DIV/0!       Total HOME Requested divided by Total Project Cost multiplied by Total
                                                                Number of Units.

         221(d)(3) Limit Calculation:             #DIV/0!           #DIV/0!        (Rounded Up)


         Estimated Assisted Unit Distribution:




                                           Total Affordable   Estimated
                                                 Units      Assisted Units
                                SRO               0            #DIV/0!
                                EFF               0            #DIV/0!
                                1 BR              0            #DIV/0!
                                2 BR              0            #DIV/0!
                                3 BR              0            #DIV/0!
                               4+ BR              0            #DIV/0!
                               TOTAL                           #DIV/0!


         Applicability of High and Low HOME Rents - Estimate

                  Total Number of HOME or Assisted Units            #DIV/0!

                          Low HOME Rents - Applicable?              #DIV/0!        If HOME-Assisted Units equal 5 or more, Low HOME Rents apply.



                                                                                       Low HOME         High HOME           Low HOME       High HOME
                                                 Total Units    Assisted Units            Units            Units              Rents           Rents
                                 SRO                 0             #DIV/0!               #DIV/0!          #DIV/0!
                                 EFF                 0             #DIV/0!               #DIV/0!          #DIV/0!
                                 1 BR                0             #DIV/0!               #DIV/0!          #DIV/0!
                                 2 BR                0             #DIV/0!               #DIV/0!          #DIV/0!
                                 3 BR                0             #DIV/0!               #DIV/0!          #DIV/0!
                                4+ BR                0             #DIV/0!               #DIV/0!          #DIV/0!




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Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                               0


         Housing Development Assistance Program (HDAP)
                                                                 APPLICABLE WAGE RATES

         Federal Wage Rates

                HOME or Assisted Units =           #DIV/0!

         If the HOME-Assisted Units are 12 or more AND/OR the project has received CDBG funds and has eight or more units,
         then Federal Davis-Bacon Wage Rates must be paid by the project.

         Were Davis-Bacon Wage Rates used to estimate construction costs for the project?

                                             Yes                                  No


         State Prevailing Wage Rates

         Applicant / majority owner is a for-profit                               Yes                                      No

         * If Yes, does the project contain 5 or more units (total affordable units, not assisted units)?

                                             Yes                                  No                                       Not Applicable

         If the applicant/majority owner is a for-profit and is proposing to construct 5 or more units, State of Ohio Prevailing
         Wage Rates must be paid by the project.

         Were State of Ohio Prevailing Wage Rates used to estimate construction costs for the project?

                                             Yes                                  No


         Applicant/majority owner is a not-for-profit                             Yes                                      No

         * If Yes, does the project contain more than 24 units (total units, not assisted units)?

                                             Yes                                  No                                       Not Applicable

         * If there are 25 or more units, are 12% or more of project sources federal sources?

                                             Yes                                  No                                       Not Applicable
                                                                                                                                                 No

         If the applicant/majority owner is a not-for-profit, is proposing to construct more than 24 units AND less than 12% of the
         project's financing sources are from the federal government, State of Ohio Prevailing Wage Rates must be paid by the project.

         Were State of Ohio Prevailing Wage Rates used to estimate construction costs for the project?                                           No

                                             Yes                                  No



                                                                 ACQUISITION/RELOCATION

         Does the project involve the acquisition of existing buildings?                                                   Yes                   No

                           If yes, include evidence of Acquisition/Relocation Documentation.



         Does the Project Involve the Temporary or Permanent Relocation of Residents?                                      Yes                   No

         If yes, include a Relocation Plan, including a detailed budget, describing how relocation will be achieved and how much it will cost.



                                                        HDAP FINANCING AWARD INFORMATION

                       Name of Recipient:
                                   Address
                  City, State and Zip Code
                                   Phone #                                        Email Address

         Status of Recipient Organization                       Not For Profit                       For Profit
                           (Please refer to the program guidelines for the definition of "eligible applicant")

            FTIN of the above Recipient:

                           (Note: Funds cannot be encumbered without an FTIN)

     Authorized Signer              Name:                                                                         Title:




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Ohio Housing Finance Agency 2010 Affordable Housing Funding Application                                                                             0


         Housing Development Assistance Program (HDAP)
                                                             CHDO SET - ASIDE ELIGIBILITY

a.       Is the applicant a State-Designated Community Housing Development Organization (CHDO) and eligible for the HOME CHDO Set-Aside?

                                            Yes                                No

b.       Is the applicant willing to be awarded funds under the CHDO Set-Aside requirements?

                                            Yes                                No

         NOTE: OHFA reserves the right to award HOME funds to CHDOs to meet the Agency's set-aside requirements, if necessary.



                                      NEW CONSTRUCTION - SITE AND NEIGHBORHOOD STANDARDS

         For all proposed new construction projects, OHFA guidelines require that new construction rental developments meet a set of site and
         neighborhood standards. To evidence that the proposed project meets those standards, all projects proposing all or some new construction
         units must answer the following:

         SITE: Is the site of adequate size to accommodate the number of units proposed? Is the site adequately served by infrastructure?
                         Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         CONCENTRATION: Will the project unduly concentrate minority or low-income residents?
                      How will the project promote greater housing choice?
                   Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         NEIGHBORHOOD CONDITIONS: Is the project located in an area of declining housing stock or high crime?
         If yes, are there concerted efforts to remedy these conditions and if so, what are those remedies?
                          Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         LOCATION: Is the project accessible to social, recreational, educational, commercial and health services and facilities and other
           community services? Is the project located in an area that would require undue cost or time in traveling to places of employment?
                      Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         3.1 Discuss any the your organization's history, including its accomplishments with includingto past projects,funds are in theservices a
         2.1 Briefly describe following items in proposed is being provided to including demographics and these programs and form of
         Please discuss neighborhood that the detail:
         4.1 Describe the pre-development assistance that project would serve, the project, respect whetherother relevant socio-economic




Page 42 of 59
Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                           0


                        Housing Development Loan Program
                                                                    THRESHOLD REVIEW

   The following items represent the minimum requirements for this program. Applications with inaccurate, incomplete, or missing information will
   not move through the approval process until all required information is provided. OHFA cannot guarantee a Board approval date. The staff will
   strictly adhere to the policies established in the Housing Development Loan Program Guidelines. It is strongly recommended that applicants
   review the guidelines to avoid delays in processing their request.
   OHFA reserves the right to request any additional information it deems necessary to evaluate funding requests.

INCLUDED:

                           Completed 2010 AHFA




FINANCIAL:

                           If applying for an Equity Bridge Loan, a letter from the equity provider stating they have read, understood, and will abide by
                           the Housing Development Loan Program Guidelines, and providing a detail of the form and substance of the
                           collateral to be provided .

                           If applying for a Construction Deposit Loan, a letter from the construction Lender which states: (1) the dollar amount
                           of the CD, AND (2) the benefit of the 0% CD in terms of how it affects the construction loan interest rate OR the benefit
                           of a Market Rate CD in terms of an income stream.

                           Equity commitment letter(s) detailing the benefit both with and without the Equity Bridge Loan net of bridge loan interest
                           (Direct Loan if collateral will be Qualified Investor Notes) .

                           Copies of all Credit Enhancement Financing, including but not limited to AHP, CDFF, Secondary Bridge Loan, and ELF. Applicant
                           must include firm or conditional commitment letters, or a letter from the organization providing the enhancement affirming that
                           (1) an application has been received, (2) the project meets the program requirements, and (3) when a funding decision will be made.

                           Developer and/or General Partner deferral commitment letters, if applicable.

                           Documentation provided for all additional income noted in the Proforma section of the AHFA (including rental assistance,
                           if applicable). This information must agree with the Proforma.

                           Sources and Uses of funds must be equal.

                           Permanent Financing cannot be less than the Construction Financing. If the Permanent Financing is greater than
                           the Construction Financing, an explanation must be provided detailing what costs are being included in the Permanent
                           Financing that are not covered in the Construction Financing and why.

PRESERVATION PROJECTS:

                           Evidence that clearly states that the Section 8 contract will expire within 24 months, or for RD projects, that the remaining
                           balance for rental assistance will be used within 24 months.

                           Letter from RD or HUD that clearly defines why the project is considered to be "at-risk." If the letter uses RD or HUD
                           definitions (such as "Class C"), the letter must clearly define what the definitions mean.

OCCUPIED AND/OR REHABILITATION PROPERTIES:

                           For projects that are currently occupied, (1) a current rent roster, (2) a current rent schedule, and (3) a statement describing
                           the vacancy rate over the past three years.

                           Rehabilitation projects must provide an "as-is" appraisal evidencing the value of the structure(s) prior to any rehabilitation work.
                           This must be provided within 30 days of an reservation of Housing Credits. The appraisal, with a cover letter stating the name
                           and tracking number of the project, must be sent to OHFA, to the attention of the Affordable Housing Programs Manager.

GENERAL:

                           Letter from each entity with an ownership interest in the project stating they have read and will abide by the current Housing
                           Development Loan Program Guidelines.

                           Statement of Public Purpose.

                           Tax Information Authorization Disclosure for the applicant and for each entity that comprises the applicant.




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Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                    0


                        Housing Development Loan Program
                            For new construction properties, an appraisal evidencing the value of the land.

                            Uniform Relocation Act Statement or Plan AND Relocation Plan.

                            Form AFHM-98: Affirmative Fair Housing Marketing Plan (not applicable to Seed Money Loans).



SEED MONEY LOAN APPLICATIONS (in addition to the above):

                            Evidence of Federal Tax-Exempt Status [i.e. 501(c)(3) or 501(c)(4)]

                            Articles of Incorporation and Ohio Secretary of State documentation of status for the Non-Profit Organization

                            By-Laws of the Non-Profit Organization

NOTE:    It is expected that all supporting information provided in the application will support and/or confirm the information entered by the Applicant
         on the 2009 AHFA. If it does not, it will constitute a Threshold Deficiency.



Name of Borrower




Name of Applicant




                      SEED MONEY LOAN (SML) INFORMATION (non-profit organizations only - majority/controlling GP )

         Amount requested:                                                              (not to exceed $100,000)

         Please provide a breakdown of costs which would be covered by the Seed Money Loan:

         Total predevelopment costs:


                                                                                            amount paid
                               fees/costs                              total cost            with SML




                                                                                                            Total paid with SML cannot exceed
                                                        TOTAL:     $                -   $                 - $100,000 or the amount requested.

         Have the above fees and costs been paid?

                            Yes                                   No

         If Yes, what sources of funds were used to pay these SML fees and costs?
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         The Requested Term of the Seed Money Loan is:                                                      months.           (not to exceed 12 months)

         Budgeted Interest Rate:                     0.00%



         Proposed Collateral For the Seed Money Loan:




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Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                             0


                        Housing Development Loan Program
                             Irrevocable Letter(s) of Credit                                             Qualified Corporate Guarantee
                             First Mortgage
                             Other:

         Please give further details on the proposed collateral for the Seed Money Loan.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                   CONSTRUCTION DEPOSIT LOAN INFORMATION

         Amount requested:                                                            (not to exceed $1,000,000)

         Term of the loan:                                        months.

         Percent of the amount of the loan against the Total Residential Project Cost*:                                           #DIV/0!
         * Net OHFA interest.

         Type of Certificate of Deposit requested:                                    Zero-percent CD                                              Market Rate CD

         Assumed Certificate of Deposit interest rate:                                Use imputed rate for zero-percent CD, actual rate for market-rate CD.
                                                                                      Must supply statement from construction lender verifying rate.

         Projected earnings from Certificate of Deposit:           $              -   Equals the expected earnings on the CD based on the requested principal,
                                                                                      actual or imputed interest rate over the term of the loan.

         Projected construction interest expense:
                        (i)                        Including Construction Deposit Loan request:
                       (ii)                       Excluding Construction Deposit Loan request:

                             One of these figures should equal the construction interest expense listed as a project cost on Page 24
                             (both amounts must be evidenced in the construction financing commitment letter).

         Estimated Construction Loan Draw Information:

                             loan draw                                                    loan draw
                month        amount                                      month             amount
                  1                                                       13
                  2                                                       14
                  3                                                       15
                  4                                                       16
                  5                                                       17
                  6                                                       18
                  7                                                       19
                  8                                                       20
                  9                                                       21
                 10                                                       22
                 11                                                       23
                 12                                                       24

         The financial commitment letter from the construction lender (0% CD) or lender providing the CD (market rate CD)
         MUST state the amount of the CD, and the benefit of that CD as defined in the HDLP Guidelines.


                                                           EQUITY BRIDGE LOAN INFORMATION

         Amount requested:                                                            (not to exceed $1,000,000)

         Term of the loan:                                        months.

         Budgeted interest rate:                      2.00%

         Percent of the amount of the loan against the Total Net Equity*:                                                         #DIV/0!
         * Use the definition of Total Net Equity provided on Page 34.

         Percent of the amount of the loan against the Total Residential Project Cost*:                                           #DIV/0!
         * Net OHFA interest.

         What is the pledged amount of the limited partner equity contribution:




Page 45 of 59
Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                        0


                        Housing Development Loan Program
                              Including Equity Bridge request
                              Excluding Equity Bridge request                                             Must supply equity commitments for both scenarios.



         Net Equity Pay-In Schedule:
                                                     net equity
                                                      amount
                           Up to P.I.S. Date:
                                End Year 1:
                                End Year 2:
                                End Year 3:
                                End Year 4:
                                End Year 5:
                                End Year 6:
                                End Year 7:
                                End Year 8:
                                End Year 9:
                               End Year 10:
         Other:
         Other:
                                        Total:   $                - Should equal the Housing Credit Net Equity amount listed in the conditional
                                                                    equity commitment letter.



                   Name of Specific Equity Fund or Syndicator:

         Type of Offering:

                             Public Offering                                            Self-Syndicated

                             Private Offering                                           No Syndication


         Contact Person:               Name:
                                     Phone #:                                  Fax #:

         Identify the existing or proposed limited partners and their share of capital contributions in the fund:
                                                                                                                               percentage
         name of limited partner                                                                                                 share




         Proposed Collateral For the Equity Bridge Loan:

                             Qualified Investor Notes                                   Qualified Corporate Guarantee

                             Qualifed Letters of Credit                                 Other:

         Please give further details on the proposed EBL collateral.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                                  DIRECT LOAN INFORMATION

         Amount requested:

         Term of the loan:                                          months.

         Proposed Use of Loan:

                        Construction Period:                                                     Post-Construction Period:

         Describe the proposed use of the Direct Loan:
                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.




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Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                             0


                         Housing Development Loan Program
         Budgeted interest rate:                       2.00%

         Proposed Collateral For the Direct Loan:

                            Municipal Guarantee                                         Qualified Corporate Guarantee
                            Qualified Letters of Credit                                 Other:

         Please give further details on the proposed Direct Loan collateral.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                            LOAN GUARANTEE INFORMATION

         Lending Agency

                  Name:
                Address:
                    City:
                   State:
               Zip Code:
        Federal Tax ID #:


                         Contact Last Name:                                                             Contact First Name:
                               Contact Title:
                               Organization:
                               Telephone #:
                                      Fax #:


                              Funding source to be guaranteed:

                          Requested amount to be guaranteed:

                                             Percent of guarantee:

                                    Term of guarantee (months):


         Proposed collateral or security:

         Source of collateral or security:


         Please explain the project's need for a Loan Guarantee, and the public benefit
         derived by receiving a Loan Guarantee.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.


         Please state how the Loan Guarantee will be structured:
                           Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                                     OCCUPIED PROPERTIES

         How many units are currently vacant?

         If rents increase, please describe what impact the rent increase will have on existing tenants and what assistance,
         if any, will be provided to those tenants.
                              Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                               PROJECT COST CALCULATIONS

         Total Development Cost per Unit:             #DIV/0!        Total Project Costs (less land, commercial hard construction, compliance
                                                                     monitoring fee, operating reserves, replacement reserves, & residential
                                                                     historic rehabilitation tax credit amount) divided by total number of units.




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Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                    0


                        Housing Development Loan Program
         Please refer to the 2009 Qualified Allocation Plan (Unit Cost Cap) to determine whether the project
         meets the Guidelines.

         If the construction financing for the project is less than the permanent financing, please provide a DETAILED explanation. Indicate which costs
         evidenced in the 'Uses' section of the Proforma will not be addressed until the permanent financing phase.
                              Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                       ALTERNATE SOURCES OF FINANCING

         Can this project proceed only "but for" the receipt of the Housing Development Loan?

                            Yes                                   No

         Are there other alternative sources of financing with reasonable equivalent terms and conditions available for this project?

                            Yes                                   No

         If Yes to question above, describe these alternate sources of funding below.
                             Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         If No to question above, explain what alternative sources of financing were considered and why it was determined that such sources
         were not available for the project.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.




                                                     ACQUISITION & REHABILITATION PROJECTS

         Are any members of the original ownership structure (general partners or limited partners) remaining in the new ownership structure?

                                               Yes                                   No                                   Not Applicable

         If Yes, please explain which members will be remaining in the ownership structure, and describe why the rehabilitation is required
         through no fault of the such owners.
                             Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

         Will there be a change in the management company for this project?

                                               Yes                                   No                                   Not Applicable

         If No, please explain why the rehabilitation is required through no fault of the present management company.
                            Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                       HOUSING DEVELOPMENT LOAN PROGRAM APPLICATION FEE

         Application Fee:

                            The fee schedule for the Housing Development Loan Program is as follows:



                                               Seed Money Loan:                            $300

                                               Construction Deposit Loan:                  $600

                                               Equity Bridge Loan:                         $600

                                               Direct Loan:                                $600

                                               Loan Guarantee:                             $600



                   NOTE: Projects seeking Housing Credits will be required to submit HDLP application fees after a reservation
                         of credit is received. Do not include these fees with the initial application submission.

                            DO NOT REMIT PAYMENT UNTIL AN INVOICE HAS BEEN RECEIVED.




Page 48 of 59
Ohio Housing Finance Agency 2009 Affordable Housing Funding Application   0


                       Housing Development Loan Program




Page 49 of 59
Ohio Housing Finance Agency 2009 Affordable Housing Funding Application                                                                                     0


                                           Multifamily Bond Program
NOTE: Only projects that wish to have the OHFA issue tax-exempt bonds must complete this section.
Projects that are using tax-exempt bond financing issued by another entity do not have to complete this section.


APPLICATION TYPE                                                       TYPE OF BONDS

                               New Issue                                                    Bonds Issued pursuant to Private Activity Volume Cap
                               Refunder                                                     501(c)(3) Bonds
                               Supplemental Issue                                           Other (Taxable)


         Is the applicant also seeking an allocation of Housing Credits?

                               Yes                                     No



                                                    TAX-EXEMPT BOND FINANCING INFORMATION


                                                    Aggregate Basis
                                     Amount           plus Land           Interest Rate           Term
                Series A                                #DIV/0!
                Series B                                #DIV/0!
                Series C                                #DIV/0!
                 Other                                  #DIV/0!


         For Acquisition projects only:

          Value of Building:                                         Loan to Value Ratio:        #DIV/0!

                    Source:



                                                    ADDITIONAL DEVELOPMENT TEAM MEMBERS

         In addition to the development team members listed previously, please provide the following:

                                                                              name                                 phone #              fax #
                                 Bond Counsel:
                             Investment Banker:
                               Mortgage Banker:
                                       Guarantor:
                                   Paying Agent:
                              Mortgage Servicer:
                                  Trustee Bank:
                               Owner's Counsel:
                              Trustee's Counsel:
                           Underwriter's Counsel:
                                           Other:



CONTROLLING OWNER/MANAGING MEMBER PREVIOUS EXPERIENCE WITH TAX-EXEMPT BOND PROJECTS

         For project status please ONLY list: PIS (placed-in-service); W (withdrawn); R (revoked);
         or UC (under construction). Please include both Ohio and out-of state projects.

                      project name                  issuer & state          issue date                   bond amount                   status      # of units




Page 50 of 59                                                                                                                                                   Revised February 13, 2009
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                                         Multifamily Bond Program
         IF MORE SPACE IS NEEDED, CLICK ON TAB EXTRA_SP2)
                                                                 CREDIT ENHANCEMENT

                 Type
                                                  FHA
                                                  Private Placement
                                                  Letter of Credit
                                                  Other:

  Term of Enhancement:                            years.

         Briefly describe the enhancement below:
                                 Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                           PROJECT BENEFITS NARRATIVE

         Please describe below: A. the benefits that the future and/or current residents and the community will receive;
         and B. the costs savings and any financial benefits that the owner of the project will receive resulting from
         the tax-exempt bond transaction. Be specific.

         This narrative is necessary for all requests to the OHFA Board for authorization of issuance.
                                 Type your response here. It can be as long as necessary. Ignore the cell boundaries as you type.

                                                            RECEIPTS & DISBURSEMENTS

                                                      Series A            Series B            taxable              other
                                                       bonds               bonds               bonds               funds                  TOTAL
          Receipts: (Account for all receipts
                  Principal Amount of Bonds:                                                                                        $                 -
               Less: Original Issue Discount:                                                                                       $                 -
                      Plus: Accrued Interest:                                                                                       $                 -
                    Net Receipts on Bonds: $                      -   $               -   $               -   $               -     $                 -
                 Plus: Mortgage Payment(s):                                                                                         $                 -
                Plus: Debt Service Reserve:                                                                                         $                 -
                   Plus: Bond Fund Balance:                                                                                         $                 -
                                 Plus: Other:                                                                                       $                 -
                                 Plus: Other:                                                                                       $                 -

                TOTAL RECEIPTS (equal TPC): $                     -   $               -   $               -   $               -     $                 -

                               Disbursements:
                 Accrued Interest to Bond Fund:                                                                                     $                 -
                   Debt Service Reserve Fund:                                                                                       $                 -
                  Cash Deposit to Escrow Fund:                                                                                      $                 -
                       Project Repairs Escrow:                                                                                      $                 -
                            *Costs of Issuance:                                                                                     $                 -
                         Deposit to Bond Fund:                                                                                      $                 -
                                         Other:                                                                                     $                 -
                                         Other:                                                                                     $                 -
                                         Other:                                                                                     $                 -

     TOTAL DISBURSEMENTS (equal TPC): $                           -   $               -   $               -   $               -     $                 -

         * This percentage can be no higher than 2% of tax-exempt bond proceeds. Any amount over 2% must be noted from
         another source above.

         Note: In lieu of submitting the above, OHFA permits the investment banker to submit legible copies (in their own format)
         of the sources and uses of all of the following: revenue; bond number series; fees; or other contributions.
         Updates will be required by the Agency periodically.



                                                           COST OF ISSUANCE BREAKDOWN

                                                  % of Tax-Exempt
                                                       Bonds          Series A Bonds      Series B Bonds      Taxable Bonds             Other Funds           TOTAL
                   Investment Banker's Fee:            #DIV/0!                                                                                            $           -
             Other Related Issuance Costs:
          Issuer's application fee & expenses:                                                                                                            $           -
             Investment banker's counsel fee:                                                                                                             $           -
             Issuer's counsel fee & expenses:                                                                                                             $           -
               Bond Counsel fee & expenses:                                                                                                               $           -
            Lender's Counsel fee & expenses:                                                                                                              $           -
                               Special Counsel:                                                                                                           $           -
                                   Trustee's fee:                                                                                                         $           -
                Trustee's counsel & expenses:                                                                                                             $           -
                               Other expenses:                                                                                                            $           -
                               Other expenses:                                                                                                            $           -
                               Other expenses:                                                                                                            $           -
                               Other expenses:                                                                                                            $           -
                 Printing, etc. blank securities                                                                                                          $           -
                         & offering documents:                                                                                                            $           -
                                 Clearance fee:        #DIV/0!                                                                                            $           -
                                    MSRB/PSA:          #DIV/0!                                                                                            $           -
                                      CUSPID:          #DIV/0!                                                                                            $           -
                  Miscellaneous contingency:                                                                                                              $           -
    Other Related Issuance Costs Subtotal:             #DIV/0!        $               -   $               -   $               -     $                 -   $           -
                                        TOTAL:         #DIV/0!        $               -   $               -   $               -     $                 -   $           -

         * This percentage can be no higher than 2% of tax-exempt bond proceeds. Any amount over 2% must be noted from
         another source above.

         Note: In lieu of submitting the above, OHFA permits the investment banker to submit their own analysis format
         detailing all costs of issuance.



                                                           MINIMUM SET - ASIDE ELECTION




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                                          Multifamily Bond Program
         Please mark an "x" in one box below:

                             At least 20% of the rental residential units in this development are to be occupied
                             by individuals whose income is 50% or less of area median income.

                             At least 40% of the rental residential units in this development are to be occupied
                             by individuals whose income is 60% or less of area median income.


         Complete the following if applying for Housing Credits in addition to Tax-Exempt Bond financing:

                           Applicable Fraction:         #DIV/0!                            Lesser of Low-Income Unit Fraction or Low-Income Floor Space Fraction.



                                                                      APPLICATION FEE

                               Application Fee:         $2,000

                                       Please make checks or money orders payable to: Ohio Housing Finance Agency
                                       Also, please write the project name on the check.



                                         TAX-EXEMPT BOND APPLICATION SUBMISSION CHECKLIST
        To apply for Preliminary Approval for Tax-Exempt Bond Financing, in addition to completing Sections A, B, C, D, and H of the
        applicable year's OHFA Affordable Housing Funding Application, please submit the exhibits and attachments as follows :


                             Completed AHFA

                             Application Fee


                             Proper Evidence of Site Control*

                             Permissive Zoning Letter and/or Descriptive Zoning Map*

                             Local Official Notification Letters*: Pursuant to ORC 175

                             OHFA Form AFHM-98 - Affirmative Fair Housing Marketing Plan & Attachments*

                             Non-OHFA Construction & Permanent Sources Conditional Commitment Letters (Loan, Grant, & Equity)*

                             Preliminary Plans & Specifications*

                             Location Map & Pictures*

                             Resumes for All Development Team Members

                             Letter of Intent from Guarantor or Private Placement Entity

                             Inducement and Indemnity Agreement Letter

                             Market Study*

                             Prevailing Wage Statement

                             Source for Building Value and Loan-to-Value Ratio

                             Audited Financial Statements for the General Partners for the past three consecutive years
         * It is not necessary to submit another copy of these items if the applicant is also applying for Housing Credits.

b.       For Acquisition/Rehabilitation projects, these additional items need to be submitted:

                             Audited Project Cash Flows for the past three consecutive years

                             Rent Rolls to Document Current Occupancy

c.       For projects requesting Housing Credits, these additional items need to be submitted:

                             Utility Allowance Information


d.      When applying for Final Approval, please submit any pages of the applicable year's AHFA which have information that has changed
        from the initial application, and the exhibits and attachments as follows :

                             Narrative Describing Changes from Initial Application
                             Relocation Plan, Management Plan & Contract, and Lease Agreement
                             As Improved Appraisal
                             Evidence of Credit Enhancement or Private Placement Commitment
                             Final Drawings and Specifications; Rehabilitation Scopes of Work/Detail
                             Construction Contract
                             Legal Opinion(s)
                             Underwriter's Debt Service Schedule




Page 52 of 59                                                                                                                                                       Revised February 13, 2009
                           Ohio Housing Finance Agency 2010 Affordable Housing Funding Application


                                2010 Program Forms
         Development Features Agreement

         OHFA FORM 001A - Reconsideration of 2010 Visitability Requirements

         OHFA FORM 002 - Market Study Checklist

         OHFA FORM 003 - Market Study Certification

         OHFA FORM 004 - Certification of Consistency with Local Consolidated Plan or CHIS

         OHFA FORM AFHM-98: - Affirmative Fair Housing Marketing Plan


         Link for all forms below:

         Sample 1: Inducement and Indemnity Agreement Letter (MFBP)

         Instructions: Acquisition, Relocation and Demolition Section

         Attachment 1: Questionnaire on Acquisition, Relocation and Demolition

         Attachment 2: Real Property Acquisition and Relocation Certifications

         Attachment 3: Sample Voluntary Acquisition Form - Third Party

         Attachment 4: Tax Information Disclosure Authorization




Page 53 of 59                                                                                        Revised February 13, 2009
EXTRA SPACE FOR HOUSING CREDIT APPLICANTS                 2010 QAP                  0




                        OWNERSHIP ENTITY (check one)      x
                       Majority  Second     Third Owner                                 Name of GP &   Housing Credit     HDAP         Other Programs
       Project Name    Owner      Owner                   Tracking #   # of Units        Parent Org.    Date/Status     Date/Status   Name/Date/Status




Page 54 of 59
EXTRA SPACE FOR MF BOND APPLICANTS            2010 QAP                      0




           project name      issuer & state      issue date   bond amount       status   # of units




Page 55 of 59
Other Experience with Affordable Housing Programs              2010 QAP                  0




                             OWNERSHIP ENTITY (check one)      x
                            Majority  Second     Third Owner                                 Name of GP &   Housing Credit     HDAP         Other Programs
       Project Name         Owner      Owner                   Tracking #   # of Units        Parent Org.    Date/Status     Date/Status   Name/Date/Status




Page 56 of 59
2010 QAP                             0




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

                      this                          day of




                                               Legal Name of Actual or Proposed Ownership Entity




                BY:
                             Authorized Signature - General Partner



                             Print Name



                             Title



                             Organization



            STATE OF                                           :
                                                               :        ss:
           COUNTY OF                                           :

        BEFORE ME, a Notary Public in and for said County and State, personally appeared the above-named




        who acknowledges that he/she did sign the foregoing instrument on behalf of ________________________________________,

        and that the same is the free act and deed of the ________________________________________________________________

        and his/her free act and deed individually and as such ____________________________________________________________.

        IN TESTIMONY WHEREOF, I have hereunto set my hand and official seal at

        ____________________________, __________________, this ______________ day of ________________________, 2009.




Page 57 of 59
This sheet contains information used for calculating AHFA formulas




Page 58 of 59                                                        Revised February 13, 2009
Page 59 of 59   Revised February 13, 2009

				
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