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Past Due Report - FloridaHousingorg.xls

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					                                                                                                                                                                                                                                                                                          As of 5/15/08
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                                                                                                                                      Past Due Report


Developer                           Property Name            Developer                            Affiliate/Financial                  Funding Source(s)   Original Loan   Servicer/   Comments
(Contact)                                                                                         Beneficiary/Principal                                       Amount       Trustee
Affordable Housing Institute Inc.   Landings @ Sea Forest    Affordable Housing Institute, Inc.   Centerline Capital fka CharterMac    SAIL 1997S-011      $3,240,000.00     SMG       SAIL - Late Charge i/a/o $4,863.40 outstanding. Payment received 6/2/08.
Robert C. Hartnett                                                                                Capital fka Related Capital          MMRB 1996T
                                                                                                  Company; Landings at Sea             Guarantee
                                                                                                  Forest, Ltd.; Affordable Housing
                                                                                                  Institute, Inc.; Gulf Landings
                                                                                                  Development Corp.; Related
                                                                                                  Corporate Partners IV, LP;
                                                                                                  Related Corporate SLP, LP;
                                                                                                  Robert C. Harnett
AMR of Pensacola                    Pensacola Affordable     Northwestern Partners, Ltd.          Northwestern                         SAIL 1989-055S      $476,000.00     FHDC/SA     SAIL - The SAIL loan matured 12/31/05. Workout negotiations are in process. Owes 2006
James Reeves                                                                                      Partners Inc.;                                                                       Servicing fees of $1,261.40 due 4/30/07, plus a 5% late fee of $63.07. Owes 2007 SAIL
                                                                                                  National Tax Credit                                                                  Servicing fee i/a/o $1,094.80 plus a 5% late fee of $54.74 and 2007 SAIL Compliance Monitoring
                                                                                                  Inc. II (AIMCO); National Tax                                                        fee i/a/o $166.60 plus a 5% late fee of $8.33; all due 4/30/08.
                                                                                                  Credit Investors II; Northwestern
                                                                                                  Partners, Ltd.; Jim Reeves
Benchmark Group                     Walker Avenue Club       SRK Walker Avenue Club, LLC          Benchmark Properties                 MMRB 2000 L1&L2     $8,945,000.00    FHDC       MMRB - Trustee reports May payment is outstanding i/a/o $87,043.74 due 5/1/08. Payment
Clark Narins                                                                                      Management Corp.; The                HC 2000-533C                                    received per trustee notification dated 5/29/08.
                                                                                                  Benchmark Group; Benchmark           Guarantee
                                                                                                  Mgt. of FL., Inc.; Clark Narins;
                                                                                                  George Gellman; Arthur Gellman;
                                                                                                  Steven Longo; John Rehak

Brannon Group, L. C. & Co.          Keys I & II              The Brannon Group, L. C.             D. Reid Brannon; Ivan I. Brannon SAIL 1993-HRR-021       $1,481,200.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $3,703.00 plus a 5% late fee of $185.15 and 2007
D Reid Brannon                                                                                                                                                                         SAIL Compliance Monitoring fee i/a/o $1,200.00 plus a 5% late fee of $60.00. All amounts due
                                                                                                                                                                                       4/30/08. Borrower has failed to provide proof of T&I payments to 1st mortgage holder (HSBC)
                                                                                                                                                                                       and has failed to deposit required RR (per quarterly statements issued by HSBC and received
                                                                                                                                                                                       5/15/08) for 1st quarter 2008. Borrower is currently past due for RR deposits i/a/o $4,000.00
                                                                                                                                                                                       through 3/31/08. Borrower has advised lack of deposits are recurring each year during 1st
                                                                                                                                                                                       quarter due to heavy 1st quarter expenses incurred each year.

                                    Keys III                 The Brannon Group, L. C.             D. Reid Brannon; Ivan I. Brannon SAIL 1993-HRR-022       $1,481,200.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $3,703.00 plus a 5% late fee of $185.15 and 2007
                                                                                                                                                                                       SAIL Compliance Monitoring fee i/a/o $300.00 plus a 5% late fee of $15.00. All amounts due
                                                                                                                                                                                       4/30/08. Borrower has failed to provide proof of T&I payments to 1st mortgage holder (HSBC)
                                                                                                                                                                                       and has failed to deposit required RR (per quarterly statements issued by HSBC and received
                                                                                                                                                                                       5/15/08) for 1st quarter 2008. Borrower is currently past due for RR deposits i/a/o $2,600.00
                                                                                                                                                                                       through 3/31/08. Borrower has advised lack of deposits are recurring each year during 1st
                                                                                                                                                                                       quarter due to heavy 1st quarter expenses incurred each year.

CED Companies                       Northbridge @ Millenia   NorthBridge at Millenia Partners,    CED Construction, Inc.; CED          SAIL 2002-078BS     $2,000,000.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $3,225.38 plus a 5% late fee of $161.27, 2007 SAIL
Tricia Doody                                                 Ltd.                                 Capital Holdings 2002 RR,LLC                                                         Compliance Monitoring fee i/a/o $696.00 plus a 5% late fee of $34.80, and 2007 SAIL Financial
                                                                                                  (GP); Alan H. Ginsburg; Tricia                                                       Monitoring fee i/a/o $512.00 plus a 5% late fee of $25.60; all due 4/30/08. Payments received
                                                                                                  Doody; Michael J. Sciarrino; Jay                                                     5/16/08 & 6/9/08.
                                                                                                  P. Brock; Paul Missigman;
                                                                                                  Edward J. Kleiman
CEDO Housing Development            Triple Oaks II           Omega Villas Apts, a division of     CEDO Housing Dev. Corp.;             SAIL 2000-107S      $2,490,000.00    FHDC       SAIL - Failure to submit 2003 audit and cash flow forms, due 5/31/04. Failure to provide 2004
Corp.                               a/k/a Omega Villas       CEDO Housing Dev. Corp.              James Palmer; Inez Holt; Robert                                                      cash flow form due 5/31/05. Owes $500 Late Filing fee for 2004 due 7/17/05, $500 Late Filing fee
Millie Forehand                                                                                   Green; Willie Major Jackson;                                                         for 2005 due 7/10/06, and $500 Late Filing fee for 2006 due 12/15/07. Servicer entered into an
                                                                                                  Jerome Showers; Marilyn                                                              agreement dated 02/21/08 with the Borrower to repay the past due 2002-2006 Servicing fees
                                                                                                  Anderson                                                                             and late charges in 33 monthly payments commencing 06/01/08. Owes 2007 SAIL Servicing fee
                                                                                                                                                                                       i/a/o $6,225.00 plus a 5% late fee of $311.25, 2007 SAIL Compliance Monitoring fee i/a/o
                                                                                                                                                                                       $1,628.00 plus a 5% late fee of $81.40, and 2007 SAIL Financial Monitoring fee i/a/o $1,100.00
                                                                                                                                                                                       plus a 5% late fee of $55.00; all due 4/30/08. Borrower is not making any TI payments to 1st
                                                                                                                                                                                       mortgage lender (USRDA) and RR payments appear to be past due approx. $20,000 with FHFC
                                                                                                                                                                                       requirements; however, borrower states they are paying in accordance with USRDA
                                                                                                                                                                                       requirements and as required by CEDO Board. Paid $1,628.00 Compliance Monitoring Fee &
                                                                                                                                                                                       $1,100.00 Financial Monitoring Fee 0n 5/19/08.




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                                                                                                                                                                                                                                                                                   As of 5/15/08
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Developer                        Property Name        Developer                        Affiliate/Financial                Funding Source(s)   Original Loan     Servicer/   Comments
(Contact)                                                                              Beneficiary/Principal                                     Amount         Trustee
Consortium Development, Inc.     Richardson Place     Consortium Development Group                                        PLP 2000-041         $97,177.00        FHFC       PLP - The PLP loan matured on 8/16/07.
Fernanda Jones
Country Lake Apartments, Ltd.    Sunrise Bay          Country Lake Apartments, Ltd.    Bruce L. Parker, Inc.; Bruce L.    SAIL 1989-001S      $1,350,000.00     FHDC/SA     SAIL - Loan matured 3/22/05. Borrower owes servicing fees i/a/o $10,144.77 for 1995, 1998-
Bruce L. Parker                  a/k/a Country Lake                                    Parker; Joann Parker               HC 1990L-015                                      2000. Owes 2007 SAIL Servicing fee i/a/o $1,687.50 plus a 5% late fee of $84.38 and 2007 SAIL
                                                                                                                                                                            Compliance Monitoring fee i/a/o $472.50 plus a 5% late fee of $23.63. Borrower owes $942.79 in
                                                                                                                                                                            late charges for previously billed unpaid interest. 10/26/06 borrower preparing property for sale.
                                                                                                                                                                            2/6/07 Borrower looking into refinance options and proceeding with plans to place property on the
                                                                                                                                                                            market. 10/15/07 borrower working to sell property. As of 1/22/08 borrower trying to refinance
                                                                                                                                                                            first mortgage. Paid $1,687.50 Servicing Fee & $472.50 Compliance Monitoring Fee on
                                                                                                                                                                            5/20/08.


Creative Choice Homes            Mariner's Landing    Creative Choice Homes            Paramount Financial Group, Inc.;   SAIL 2003-0123CS    $860,000.00         SMG       SAIL - Failure to remit payment for invoice for underwriter processing LURA change
Dilip Barot                                                                            Creative Choice Homes XXIX,                                                          recommendation due 2/11/08 i/a/o $600.00. Payment received 5/21/08.
                                                                                       Ltd.; Creative Choice Homes
                                                                                       XXIX, Inc.; Dilip Barot
East Little Havana CDC           Rio Towers           Rio Towers, Ltd.                                                    SAIL 1991S-029      $800,000.00       MMA/SA      SAIL - Loan matured 7/23/07. Borrower working on refinancing options.
Anita Rodriguez-Tejera                                                                                                    HC 1990-031
First Coast Family and Housing   Nia Terrace          First Coast Family Housing       Fannie Mae-in                      SAIL 1996S-014      $660,000.00     AmeriNational SAIL - Invoices totaling $3,780.88.
Foundation, Inc.                                      Foundation, Inc. Juan Pardo,     receivership; First Coast Family
Juan Pardo                                            Executive Director               Housing Foundation, Inc.
Florida Low Income Housing       Atlantic Pines       Florida Low Income Housing                                          SAIL 1993-01        $187,639.00       MMA/SA      SAIL - Loan matured 1/29/08. Total principal, interest and fees due as of 5/15/08 is $232,046.30.
Associates, Inc.                                      Associates, Inc.                                                                                                      The FHFC Board approved waiving the accrued and unpaid interest at the 6/13/08 meeting.
Dan Wilson                                                                                                                                                                  Principal and fees totalling $189,486.57 are due.
Frenchtown CDC                   Frenchtown Village   Frenchtown Community                                                PLP 2000-024        $489,462.00       FHFC/SA     PLP - Loan matured on 3/26/06.
Regina Davis                                          Development Corporation
Greater Miami Neighborhoods      Cutler Glen          Cutler Glen, LLC                 Greater Miami Neighborhoods,       EHCL 2003-005E      $200,000.00       FHDC/SA     EHCL - Owes $500 EHCL Late Filing fee, due 06/15/07. Development filed Chapter 11
Russ Sibley                                                                            Inc.; Russ Sibley; Charles                                                           bankruptcy on 1/22/08. Claims for unpaid servicing fees i/a/o $3,209.72 were filed on behalf of
                                                                                       Clements; Carlos Nobles; Elena                                                       First Housing on 3/12/08 by Nabors, Giblin, and Nickerson, P.A.. Total principal, interest and fees
                                                                                       Dominguez; Stephen George;                                                           due as of 5/15/08 is $210,371.49.
                                                                                       Talmadge W. Fair; Linda Payne,
                                                                                       et al
                                 Brandywine           Greater Miami Neighborhoods,                                        HOME 2004-054HR     $2,205,996.00     FHFC/SA     NON-CONFORMING - Owes $1,245,947.49 for Principal and $27,872.86 for Property
                                                      Inc.                                                                                                                  Maintenance.
                                 Cutler Manor         Greater Miami Neighborhoods,                                        SAIL 2001-1036S     $1,900,000.00     SMG/SA      SAIL - Failure to submit the 2006 SAIL Cash Flow Reporting Forms by the 5/31/07 deadline.
                                                      Inc.                                                                                                                  Failure to remit Late filing fee of $500.00 by 6/30/07 deadline. Total principal, interest and fees
                                                                                                                                                                            due as of 5/15/08 is $2,325,626.54.
                                 Cutler Meadows       Cutler Meadows, LLC                Greater Miami Neighborhoods,      EHCL 2006-006E     $200,000.00       FHDC/SA     EHCL - Owes $500 EHCL Late Filing fee, due 06/15/07. Development filed Chapter 11
                                                                                         Inc.; Russ Sibley; Charles                                                         bankruptcy on 1/22/08. Claims for unpaid servicing fees i/a/o $5,752.13 were filed on behalf of
                                                                                         Clements; Carlos Nobles; Elena                                                     First Housing on 3/12/08 by Nabors, Giblin, and Nickerson, P.A.. Total principal, interest and fees
                                                                                         Dominguez; Stephen George;                                                         due as of 5/15/08 is $210,371.49.
                                                                                         Talmadge W. Fair; Linda Payne,
                                                                                         et al
                                 Hidden Grove         Greater Miami Neighborhoods,       RCC Credit Facility, LLC          SAIL 2000-041S     $2,239,000.00     SMG/SA      SAIL - Failure to submit the 2006 SAIL Cash Flow Reporting Forms and Audited Financial
                                                      Inc.; Pinnacle Housing Group, Inc. (Centerline Capital Group);                                                        Statements by the 5/31/07 deadline. Failure to remit Late filing fee of $500.00 by 6/30/07
                                                                                         Hidden Grove, Ltd.; Greater                                                        deadline. Payment received 6/11/08.
                                                                                         Miami Neighborhoods, Inc.; GMN-
                                                                                         Hidden, Inc.; ANI - Hidden, Inc.;
                                                                                         Louis Wolfson, III; Michael D.
                                                                                         Wohl; David O. Deutch; Mitchell
                                                                                         M. Friedman; Related Corporate
                                                                                         Partners XV, LP; Related
                                                                                         Corporate Partners XV SLP, LP

                                 Island Place         Greater Miami Neighborhoods,     Island Place Apartments, LLC;      SAIL 2001-034S      $2,800,000.00     SMG/SA      SAIL - Failure to submit the 2006 SAIL Cash Flow Reporting Forms by the 5/31/07 deadline.
                                                      Inc.                             Greater Miami Neighborhoods,                                                         Failure to remit Late filing fee of $500.00 by 6/30/07 deadline. Past due for SAIL Servicing Fees
                                                                                       Inc.                                                                                 due on 3/25/2008 i/a/o $10,193.56. Total principal, interest and fees due as of 5/15/08 is
                                                                                                                                                                            $3,267,662.16.
                                 Middletowne          Middletowne Project, Inc.        Greater Miami Neighborhoods,       SAIL 2000-030S      $495,398.02       FHDC/SA     SAIL - Failure to provide 2006 SAIL form SR-1, due 5/31/07. Borrower is not making required
                                                                                       Inc.; Russ Sibley; Elena                                                             deposits to escrow accounts. T&I arrears = approx. $38,092; RR arrears = approx. $31,092.
                                                                                       Dominguez                                                                            Notice of Lis Pendens recorded by Collateral Mortgage/Fannie Mae 10/30/07. Development filed
                                                                                                                                                                            for Chapter 11 bankruptcy on 1/22/08. Claims for unpaid servicing fees i/a/o $4,567.66 were
                                                                                                                                                                            filed on behalf of First Housing on 3/12/08 by Nabors, Giblin, and Nickerson, P.A.. Total principal,
                                                                                                                                                                            interest and fees due as of 5/15/08 is $646,899.11.




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Developer                      Property Name               Developer                        Affiliate/Financial                 Funding Source(s)   Original Loan   Servicer/   Comments
(Contact)                                                                                   Beneficiary/Principal                                      Amount        Trustee
Greater Miami Neighborhoods    Oakwood Villas              Oakwood Project, Inc.            Greater Miami Neighborhoods,        SAIL 2000-031S       $778,633.71    FHDC/SA     SAIL - Failure to provide 2006 SAIL form SR-1, due 5/31/07. Borrower is not making required
Russ Sibley                                                                                 Inc.; Russ Sibley; Elena                                                            deposits to escrow accounts. T&I arrears = approx. $96,049; RR arrears = approx. $40,666.
                                                                                            Dominguez                                                                           Property now owned by Loss Mitigation of Florida, Inc. Notice of Lis Pendens recorded by Fannie
                                                                                                                                                                                Mae 10/9/07. Development filed for Chapter 11 bankruptcy on 1/22/08. Claims for unpaid
                                                                                                                                                                                servicing fees i/a/o $5,901.42 were filed on behalf of First Housing on 3/12/08 by Nabors, Giblin,
                                                                                                                                                                                and Nickerson, P.A.. Total principal, interest and fees due as of 5/15/08 is $1,118,229.07.

Hardee Equities, Inc.          Citrus Meadows              Citrus Meadows Apts, Ltd.        Sam F. Hardee; Shirley J.           SAIL 1989-501S      $2,116,567.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $2,645.71 plus a 5% late fee of $132.29 and 2007
Sam F Hardee                                                                                Hardee; Saundra H. Blanco;                                                          SAIL Compliance Monitoring fee i/a/o $740.80 plus a 5% late fee of $37.04. All amounts are due
                                                                                            Susanna Yancey                                                                      on 4/30/08. Paid $2,645.71 Servicing Fee & $740.80 Compliance Monitoring Fee 5/30/08.

Heritage Partners Group Inc.   Edisto Lakes                Edisto Group, Ltd.               Edisto Group Inc, GP; Group         SAIL 1994-042S      $2,822,781.00    FHDC       SAIL - Owes 3 monthly tax and insurance escrow payments of $62,117.26 each due 2/29/08 -
James Kincaid                                                                               Edisto, Inc.; Chastain Dev. Corp.   HC 1995L-006                                    4/30/08 (total due $186,351.78).
                                                                                            Non-Profit; Key Corp. Inv. LP, LP   HC 1994L-163
                                                                                            1 and LP; James Kincaid; Neal
                                                                                            Harding;
Homestead B & V Recap          Ann-Ell                     Ann-Ell Apartments Associates,   Homestead B&V Recap                 SAIL 1989-007S      $300,000.00     FHDC/SA     SAIL - Loan matured 2/27/06. Borrower has a contract for the sale of the property and expects to
Associates of CT, LLC                                      Ltd.                             Associates of CT, LLC (GP); John    HC 1989-513C                                    sell no later than 4/30/08. Borrower is past due for March 2008 RR deposit i/a/o $675.00 per
John McClutchy                                                                              H. McClutchy, Jr.                                                                   statements received in April. No statements received as of 5/15/08 to verify April deposits.
                                                                                                                                                                                Statements have been received and past due RR deposits have been paid as of 6/13/08.

Housing for Rural, Inc         McPines                     Pines Cypress, Ltd.              Seventeen, Inc. GP; Housing for SAIL 2002-152CS         $1,000,000.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $2,500.00 plus a 5% late fee of $125.00, 2007 SAIL
Jacqui McPhillips                                                                           Rural, Inc.; Jacqueline McPhillips;                                                 Compliance Monitoring fee i/a/o $696.00 plus a 5% late fee of $34.80, and 2007 SAIL Financial
                                                                                            Thomas McMullen, Jr.                                                                Monitoring fee i/a/o $1,535.00 plus a 5% late fee of $76.75; all due 4/30/08. Payment received
                                                                                                                                                                                5/27/08 & 6/13/08.
                               Whispering Pines - Bartow   Scott Pines, Ltd.                Seventeen, Inc. GP; Housing for SAIL 2002-153CS         $1,282,000.00    FHDC       SAIL - Owes 2007 SAIL Servicing fee i/a/o $3,205.00 plus a 5% late fee of $160.25, 2007 SAIL
                                                                                            Rural, Inc.; Jacqueline McPhillips;                                                 Compliance Monitoring fee i/a/o $680.00 plus a 5% late fee of $34.00, and 2007 SAIL Financial
                                                                                            Thomas McMullen, Jr.                                                                Monitoring fee i/a/o $1,535.00 plus a 5% late fee of $76.75; all due 4/30/08. Borrower owes
                                                                                                                                                                                partial RR payment i/a/o $55.00 through 4/30/08 for remittance to 1st mortgage holder, USRDA.
                                                                                                                                                                                Management company states the payments are being made in accordance with USRDA
                                                                                                                                                                                requirements. Payment received 5/27/08 & 6/13/08.
L. T. Clayton & Brother        Howard Park                 Howard Park, Ltd.                L.T. Clayton and Brothers         SAIL 1998-015S        $214,144.00      FHDC       SAIL - Owes a partial escrow payment of $1,152.59 due 05/31/06 and 23 full payments of
Enterprises, Inc.                                                                           Enterprises, Inc.; Boston Capital                                                   $2,021.13 each, due 6/30/06 through 4/30/08. Total Escrow due $47,638.58. Property taxes are
Lovey T. Clayton                                                                            Corp. Tax Credit Fund VII; Boston                                                   showing as delinquent for 2007 and back years' assessment i/a/o $96,896.03, as of 5/15/08;
                                                                                            Capital Partners, Inc.; Lovey                                                       borrower is appealing.
                                                                                            Clayton; David Clayton; John
                                                                                            Manning; Jeff Goldstein, et al

                               Park Green                  Park Green, Ltd.                 L.T. Clayton and Brothers         SAIL 1998-014S        $109,148.00      FHDC       SAIL - Owes a partial escrow payment of $922.59 due 6/30/06 plus 22 full payments of
                                                                                            Enterprises, Inc.; Boston Capital                                                   $1,628.25, each due 7/31/06 through 4/30/08. Total Escrow due $36,744.09. Taxes are showing
                                                                                            Corp. Tax Credit Fund VII; Boston                                                   as delinquent for 2007 and back years' assessment i/a/o $62,534.17, as of 5/15/08; borrower is
                                                                                            Capital Partners, Inc.; Lovey                                                       appealing.
                                                                                            Clayton; David Clayton; John
                                                                                            Manning; Jeff Goldstein, et al

NOAH Development Corporation   Doveland Villas             Noah Development Corporation     Noah Development Corporation; SAIL 1990S-001            $1,118,000.00   FHDC/SA     SAIL - Loan matured 4/16/08. Borrower in negotiations for repayment of loan.
Thomas Roberts                                                                              Thomas Roberts; Edna
                                                                                            Mcclendon; Norman Harrison;
                                                                                            Laura Jackson; Nancy Smith
North Florida Educational      Lanier Oaks                 Florida Developers, Inc.         North Florida Educational        SAIL 1998-049S         $1,430,000.00    FHDC       SAIL - Failure to provide 2003, 2004, and 2006 SAIL form SR-1, due 5/31/04, 5/31/05, and
Development Corp.                                                                           Development Corp.; Carolyn                                                          5/31/07 respectively. Owes 2004-2007 Servicing fees i/a/o $14,300.00 due 4/30/05 - 4/30/08,
Carolyn Ford                                                                                Ford; Claretha White; Ora Green;                                                    plus a 5% late fee of $727.52. Owes 2005-2007 Compliance monitoring fees i/a/o $3,930.00 due
                                                                                            Clarence Lewis; Sarah Figgers;                                                      4/30/06 - 4/30/08 plus a 5% late fee of $189.33. Owes 2007 Financial Monitoring fee i/a/o
                                                                                            Lizzie Thomas; Elvelia Merjivar                                                     $1,100.00 due 4/30/08 plus a 5% late fee of $55.00. Owes 2 Tax & Insurance Escrow payments
                                                                                                                                                                                of $1,922.38 each due 3/31/08 - 4/30/08. Borrower paid $3,008.50 towards Servicing fees and
                                                                                                                                                                                Late fees on 04/09/08.




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Developer                         Property Name            Developer                        Affiliate/Financial               Funding Source(s)   Original Loan      Servicer/   Comments
(Contact)                                                                                   Beneficiary/Principal                                    Amount           Trustee
North Florida Educational         South Springs            North Florida Educational                                          PLP 1998-026         $410,573.21       FHFC/SA     PLP - Loan matured on 5/18/04 and is currently in default. Borrower is in negotiations to
Development Corp., cont.                                   Development Corporation                                                                                               refinance and pay off the PLP loan as of 11/16/06. 1/09/07 borrower has financing agreement
Carolyn Ford                                                                                                                                                                     and is working on the terms with Developer. 2/23/07 borrower comunicated that they were in final
                                                                                                                                                                                 credit underwriting for outside financing. 4/24/07 met with borrower to discuss payoff plan.
                                                                                                                                                                                 5/12/07 borrower received commitment letter for financing. 7/12/07 payoff letter provided to
                                                                                                                                                                                 borrower. As of 1/15/08 borrower anticipates loan closing and payoff of PLP soon. As of 4/18/08
                                                                                                                                                                                 borrower has requested additional time for payoff. As of 5/15/08 borrower nonresponsive and
                                                                                                                                                                                 foreclosure complaint in process of being prepared.
Opa-Locha Community               Westview Terrace         Opa-Locha Community                                                PLP 2000-026         $282,037.80       FHFC/SA     PLP - The PLP loan matured 7/18/06. The loan was approved for a one year extension at the
Development Corporation, Inc.                              Development Corporation                                                                                               June 2006 Board Meeting. The borrower has refused to sign the extension documents.
Stephanie Williams-Baldwin                                                                                                                                                       Borrower is seeking alternative financing to payoff PLP loan. As of 4/10/08 borrower trying to
                                                                                                                                                                                 sucure funding from Miami-Dade County.
Ravenwood Apartments, LLC         Ravenwood Apartments     First Coast Family Housing       Douglas Smith                     SAIL 1998S-001      $2,500,000.00    AmeriNational SAIL - Invoices totaling $9,110.00 and $1,080.00.
Doug Smith                                                 Foundation, Inc.


Shelter Corporation               Venetian Isles II        Trust Lake Park Two, Ltd.        Shelter Venetian Isles II, LLC.; SAIL 2002-007S        $905,350.00        FHDC       SAIL -Owes 2007 SAIL Servicing fee i/a/o $2,263.37 plus a 5% late fee of $113.17, 2007 SAIL
Garrett Carlson Jr.                                                                         Community Housing Corporation                                                        Compliance Monitoring fee i/a/o $2,284.00 plus a 5% late fee of $114.20, and 2007 SAIL
                                                                                            of America, Inc.; MMA Financial,                                                     Financial Monitoring fee i/a/o $1,500.00 plus a 5% late fee of $75.00; all due 4/30/08. Paid
                                                                                            Inc.; Lynn C. Schell; Garrett                                                        $2,263.37 Servicing Fee, $2,284.00 Compliance Fee & $1,500 Financial Monitoring Fee on
                                                                                            Carlson, Jr.; Shannon Hendricks;                                                     6/11/08.
                                                                                            Jay Jesnen; Frank Bennett

                                  Venice Homes             Venice Partners, Ltd.            Shelter Venetian Isles II, LLC.; SAIL 2001-073S       $1,548,000.00       FHDC       SAIL -Owes 2007 SAIL Servicing fee i/a/o $2,820.00 plus a 5% late fee of $141.00, 2007 SAIL
                                                                                            Community Housing Corporation                                                        Compliance Monitoring fee i/a/o $600.00 plus a 5% late fee of $30.00, and 2007 SAIL Financial
                                                                                            of America, Inc.; MMA Financial,                                                     Monitoring fee i/a/o $1,250.00 plus a 5% late fee of $62.50; all due 4/30/08. Paid $2,820.00
                                                                                            Inc.; Lynn C. Schell; Garrett                                                        Servicing Fees, $600.00 Compliance Fees and $1,250.00 Financial Monitoring Fees on
                                                                                            Carlson, Jr.; Shannon Hendricks;                                                     6/16/2008
                                                                                            Jay Jesnen; Frank Bennett

Southport Financial Services      Pinewood Pointe          Southport Financial Servicies, Inc. MMA Financial, LLC; MMA           MMRB             $9,515,000.00        SMG       MMRB - Failure to remit payment for invoices for processing Draw Request #7 i/a/o $1,796.00
J. David Page                                                                                  Financial, Inc.; SP Pinewood, LP;                                                 due 1/24/08 and for processing Draw Request #8 i/a/o $438.00 due 3/14/08. Payment received
                                                                                               SP Pinewood GP, Inc.; MMA                                                         5/20/08.
                                                                                               Special Limited Partner, Inc.;
                                                                                               MMA Financial Institutional Tax
                                                                                               Credits XXXIII; J. David Page

St. John Community Development St. John                    St. John Community Development   St. John Community Development SAIL 1992-049S          $753,318.00       FHDC/SA     SAIL - Loan matured 10/22/00. Foreclosure papers filed in Dade County 10/20/05; workout
Corp.                                                      Corp. (GP), Greater Miami        Corp.; Greater Miami           HC 1990L-075                                          negotiations in process. 10/12/06 borrower preparing alternate proposal. 12/23/06 borrower
David J. Alexander                                         Neighborhoods, Inc. (Technical   Neighborhood, Inc.; David                                                            updating proposal. 2/8/07 borrower has stated that they are receiving commitment letter from
                                                           Advisor) and Carib Mgt.          Alexander                                                                            LISC. 2/27/07 discussed buyout with attorney. 5/10/07 discussed payoff proposal with borrower.
                                                                                                                                                                                 5/24/07 Borrower's attorney preparing response letter. 7/13/07 borrower agreed to workout terms
                                                                                                                                                                                 and requested pay off amount. Payoff proposal approved at 9/21 FHFC Board meeting. As of
                                                                                                                                                                                 12/20/07 borrower is refinancing with Miami-Dade County; payoff of SAIL expected soon. As of
                                                                                                                                                                                 4/1/08 borrower expects final approval from county within 2 weeks. As of 5/7/08 county preparing
                                                                                                                                                                                 loan closing documents. Payment received 6/2/08.

St. John Housing Partnership, Inc. Hancock Place           St. John Housing Partnership                                       PLP 2000-023         $261,277.00       FHFC/SA     PLP - The PLP loan matured 7/31/07. Borrower is in process of constructing and selling homes
Bill Lazar                                                                                                                                                                       and paying off PLP. As of 1/15/07 borrower has submitted new timetable for selling remaining
                                                                                                                                                                                 homes and paying off PLP loan by March 2008. Borrower sold three homes in April and paid
                                                                                                                                                                                 down the PLP and has submitted new time table for selling remaining homes by end of May.


TCB Tallahassee Woodlake,         Cypress Pointe           Community Builders, Inc.         Charles M. Moran, Jr.; Patrick E. MMRB 2000 D1 &      $41,500,000.00      FHDC       MMRB - Owes a 5% late fee i/a/o $21.90 for a Repair Escrow Draw Fee which was paid on
LLC                                                                                         Claney; Willie Jones; Beverly J.  D2                                                 4/8/08. Payment received 5/28/08.
Morgan Wilson                                                                               Bates
The Carlisle Group                Sherwood Lake Apartments TCG Sherwood Lake, Ltd.          RCC Credit Facility LLC; Charter SAIL 2001-021         $950,000.00        FHDC       SAIL - Centerline Capital Group and Trustee issued demand letters for payment on bonds.
Lloyd Boggio                                                                                Mac; Centerline, successor to                                                        FHFC issued a demand letter for the SAIL loan on 5/5/08. Total principal, interest and fees due
                                                                                            Charter Mac; Lloyd Boggio; Bruce                                                     as of 5/15/08 is $1,437,389.24. Payment received 6/11/08.
                                                                                            Greer; Luis Gonzalez; TCG
                                                                                            Sherwood Lake, Inc.

United Development Communities, UDC-AHRP                   United Development                                                 PLP 2003-048         $188,210.00        FHFC       PLP - The PLP loan was approved for a six month extension at the September Board meeting.
Inc.                                                       Communities, Inc.                                                                                                     The PLP loan matured 09/16/07. FHFC purchased first mortgage and is in negotiations with
Priscilla H. Barker                                                                                                                                                              borrower for sale of the two properties.
Urban League of Greater Miami   Lakeview Apts              Enterprise Community Partners,                                     SAIL 1991S-033      $1,550,000.00      MMA/SA      SAIL - Loan matured 2/25/08.
T. Willard Fair                                            Inc




                                                                                                                                                                                                                                                                                       9/18/2011
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                                                                                                                                                                                                                                                                                     As of 5/15/08
                                                                                                                                                                                                                                                                                      Page 5 of 5
Developer                         Property Name          Developer                          Affiliate/Financial              Funding Source(s)       Original Loan     Servicer/   Comments
(Contact)                                                                                   Beneficiary/Principal                                       Amount         Trustee
Urban League of Greater Miami,    M & M Maison II        M & M Maison II, Ltd.              GMUL Inc.; GMN Affd Hsg Ptnr II, SAIL 1993-HRR-004        $160,000.00       FHDC       SAIL - Miami-Dade County tax records show 2007 RE taxes are delinquent i/a/o $14,023.18 as of
cont.                                                                                       Inc.; The Urban League of                                                              5/15/08.
T. Willard Fair                                                                             Greater Miami, Inc.; Florida
                                                                                            Housing Tax Credit Fund, Ltd.;
                                                                                            GMN Equity; ESIC; Greater Miami
                                                                                            Neighborhoods, Inc.; Enterprise
                                                                                            Social Investment Corp.; Russ
                                                                                            Sibley; Charles Clements; Carlos
                                                                                            Nobles; Elena Dominguez;
                                                                                            Stephen George; Talmadge W.
                                                                                            Fair; Linda Payne, et al

Vestcor Development Corp          Riley Chase Apts.      Vestcor Fund XVII, Ltd             Centerline Capital (fka:             Bond 1999 Series    $13,460,000.00       ACS      BOND - Bank of New York, Trustee issued Demand Letter on 5/15/08 for May mortgage
Stephen Frick                                                                               CharterMac Capital, fka: Related     L-1, L-2                                          payments of $116,296.53, plus $58.15 per diem. Payment received 6/4/08.
                                                                                            Capital); Vestcor Partners XVII,     Guarantee
                                                                                            Inc.; Related Capital Housing
                                                                                            Partnership I, L.P.; RCHP SLP I,
                                                                                            L.P.; John Rood

VOA Community Housing &           VOA Hillsborough I     Volunteers of America Community Volunteers of America of Florida;       HOME 1992HR-018-      $90,188.00      FHDC/SA     HOME - Loan matured 4/8/2008.
Dev. Corp. of TPA                                        CDC of Tampa Area, Inc.         Kathryn E. Spearman; Stephen            1
Kathryn Spearman                                                                         Tabano; Merlyn Swindell; Edwin
                                                                                         Shepardson
                                  VOA Hillsborough III   Volunteers of America Community Volunteers of America of Florida;       HOME 1992HR-018-      $99,980.00      FHDC/SA     HOME - Loan matured 4/8/2008.
                                                         CDC of Tampa Area, Inc.         Kathryn E. Spearman; Stephen            3
                                                                                         Tabano; Merlyn Swindell; Edwin
                                                                                         Shepardson
Wendover Housing Partners, Inc.   Spring Harbor          Spring Harbor, Ltd.             Spring Harbor, Inc.; Alliant Tax        MMRB 1999 C 1 & 2   $12,749,570.00      FHDC      MMRB - Owes $360.00 plus a 5% late fee of $18.00 due 4/20/08 for processing a Replacement
Todd L Borck                                                                             Credit Fund XII, Ltd.; Allliant                                                           Reserves Disbursement. Payment received 5/16/08.
Jonathan Wolf                                                                            Capital; Todd L. Borck; Jonathan
                                                                                         Wolf
White Oak Real Estate             Summer Palms           Brandon Creek Apartments, Ltd. White Oak Brandon Creek, Inc.;           MMRB 2000P 1 & 2    $15,080,000.00   FHDC/BONY MMRB - Hillsborough County tax collector website shows delinquent 2007 RE taxes i/a/o
Development Corp.                                                                        LNR Summer Palms Investor               HC 2000-534C                                   $220,031.84, 2007 Tangible due i/a/o $5,137.76, and 2006 RE taxes i/a/o $269,249.16.
Paula Ryan                                                                               LLC; LNR Affordable Hsg Inc.                                                           Borrower filed Bankruptcy.
WNC & Associates, Inc.            La Estancia            Wimauma Community, Ltd.         WNC Florida, LLC; Wilfred               SAIL 1995-036S      $1,092,207.00      FHDC    SAIL - Owes 2007 SAIL Servicing fee i/a/o $2,730.52 plus a 5% late fee of $136.53, 2007 SAIL
David Shafer                                                                             Cooper, Jr.; David N. Shafer;                                                          Compliance Monitoring fee i/a/o $300.00 plus a 5% late fee of $15.00, and 2007 SAIL Financial
                                                                                         Wilfred Cooper, Sr.; Kay Cooper                                                        Monitoring fee i/a/o $1,000.00 plus a 5% late fee of $50.00. All amounts due 4/30/08. Paid
                                                                                                                                                                                $2,730.52 Servicing Fee, $300.00 Compliance Monitoring Fee and $1,000.00 Financial
                                                                                                                                                                                Monitoring Fee on 5/27/08.
Worthwhile Development            Heritage Apartments    Worthwhile Development III, Ltd.   Key Bank Real Estate Capital;        MMRB 2001 E 1&2     $19,710,000.00   FHDC/BONY MMRB - Trustee issued demand letter dated 5/15/08 for April and May payments i/a/o
Jay Royall                                                                                  Worthwhile Development III, Ltd.;    Guarantee                                      $171,185.86 each, for a total due of $342,371.72 plus interest accruing at $85.59 per diem for
                                                                                            Worthwhile Development, Inc.;                                                       each monthly payment outstanding.Trustee reports receipt of $100,000 of April's remittances
                                                                                            Key Investment Fund Limited                                                         received as of 6/9/08 and reports receipt of remaining April remittances as of 6/10/08.
                                                                                            Partnership XII; Key Corp Housing
                                                                                            Management, Inc.; H.J. “Jay”
                                                                                            Royal, Jr.
                                  Riverfront             Worthwhile Development, Ltd.       MMA Financial fka Lend Lease         MMRB 1997A          $15,625,000.00      SMG       MMRB - Borrower past due for the April and May payments i/a/o $125,278.06 each. Trustee sent
                                                                                            fka Boston Financial Institutional   Guarantee                                         out a default notice on 5/14/08. Past Due for Extraordinary Servicing Fees i/a/o of $480.00 due
                                                                                            Tax Credits XIV; Worthwhile                                                            12/26/07 and Past Due for Extraordinary Servicing Fees i/a/o $480.00 due 4/25/08. Trustee
                                                                                            Development, Ltd.; Worthwhile                                                          received April debt service payment in two remittances on 6/9/08 and 6/12/08. New default
                                                                                            Development, Inc.; SLP, Inc.; Key                                                      letters were sent out on 6/16/08.
                                                                                            Corp Housing Management, Inc.;
                                                                                            H.J. “Jay” Royal, Jr.

                                  Sarah's Place          Worthwhile Development, Ltd.       Key Bank Real Estate Capital;     MMRB 1997 L            $14,380,000.00      SMG       MMRB - Borrower past due for the April and May payments i/a/o $116,416.26 each. Trustee sent
                                                                                            Worthwhile Development II, Ltd.; Guarantee                                             out a default notice on 5/14/08. Past Due for Extraordinary Servicing Fees i/a/o $480.00 due
                                                                                            Worthwhile Development II, Inc.;                                                       12/26/07 and Past Due for Extraordinary Servicing Fees i/a/o $480.00 due 4/25/08. Trustee
                                                                                            Key Investment Fund Limited                                                            received April debt service payment on 6/9/08. New default letters were sent out on
                                                                                            Partnership III; Key Corp Housing                                                      6/16/08.
                                                                                            Management, Inc.; H.J. “Jay”
                                                                                            Royal, Jr.




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                                                                                                                                                                                                                                                                                          6:39 PM

				
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