2009 Federal Low Income Housing Tax Credit Program Application For Reservation Deadiine for Submission 2% Competitive Credits Applications Must Be Received At VHDA No Later Than 5:00 PM Richmond, VA Time On May 15, 2009 ‘Tax Exempt Bonds Applications should be received at VHDA at least one month before the bonds are priced (if bonds issued by VHDA), or 75 days before the bonds are issued (if bonds are not issued by VHDA) Virginia Housing Development Authority 601 South Beier Set VHDA Rishon Virginia 232206500 AB ng Sa on™ wi2009Low Income Housing Tax Credit Application for Reservation [Please indicate the following hems are included with your application by checking tie appropriate boxes. Your assistance aecek einai lai a eet a ce eee ere aes ete 5 Pleate note that al Included for the application to be processed. The inclusion of other items lay iercate te number of pln for which seu are cligile wader VEDA‘ point syatem of ranking applications and ay seit ered that it may reserve for the development. You are therefore Electronic Copy of the Microsoft Excel Based Appl Hard Copy of All Application Pages With Signature (MANDATORY) ‘Scanned Copy of the Tax Credit Application with all Attachments (excluding market study and plans & specs) (MANDATORY $750 Application Fee (MANDATORY) Tab A: Ad ‘Tab B: Tab: Tab D: Tab E: 2008 Documentation of Development Location: Qualified Census Tract Centification Revitalization Area Certification Location Map Surveyor's Certification of Proximity To Public Transportation Partnership or Operating Agreement, including chart of ovmership structure with percentage of interests (MANDATOR. Virginia State Corporation Commission Certification (MANDATORY) Principal's Previous Participation Cert and Resumé (MANDATORY) ‘Nonprofit Questionnaize (MANDATORY for points or pool) ‘The following documents need not be submitted unless requested by VHDA: “Nonprofit Articles of Incorporation -IRS Documentation of Nonprofit Status “Joint Venture Agreement (if applicable) -For-profit Consulting Agreement (if applicable) Architects Certtication (MANDATORY) PHA / Section 8 Notification Letter Local CEO Letter Homeownership Plan Site Control Documentation (MANDATORY) Plan of Development Cerifcation Letter Zoning Certification Letter Copies af 8609s To Certify Developer Experience (Reserved) Plans and Specifications and Work Write-Up (MANDATORY), Documentation of Rental Assistance Documentation of Operating Budget Documentation of Project Budget Documentation of Financing Sources (Reserved) Nonprofit or LHA Purchase Option or Right of First Refusal Original Attorney's Opinion (MANDATORY) (Reserved) Marketing Plan for units meeting accessibility requirements of HUD section 504 Market Study (MANDATORY-Application will be disqualified if market study not submitted with the application) Submision CheskitLow-Income Housing Tay Credit Application For Reservation 2009-103, 1. General Taformation "A ade Seton relents eT" ab eed me ay 15,208 ‘he ea Revere Code of 6 aan, ‘Date of Applicaton) A. Development Name and Location: 1. Name of Development Hamilton Place 2. Aderes of Development [401 Turnpike Read 7 Portsmouth Vien 23007 Cay San) Tip OoRS complete address isnot available, provide longitude and latitude coordinates (xy) from location an site your surveyor deems appropriat. 1D Documentation from surveyor attached (TAB A) (Only nscosary Harel adres or ree intersections are not available, (Coordinates should be the same as those listed on pa 13, if applicable) 4. "The Cireuit Court Clerk's office in which the deed to the property is o wll be recorded: CityCounty of Porsmouth City (ie; Richmond City, Chesterfield County: see aplication manual) Does the site overlap one or more jurisdictional Boundaries? Dye No yes, what othr Cty!County isthe site located in besides the ane mentioned above? 6. Is the development located in a Metropolitan Statistical Area? Yes Ne 7. Census Tract the development is located in: 2115 Is this a Qualified Census Tract: Do Yes [No (lfyes attach requited form in TAB A) 8, _Isthe development located ina Dificult Development Area? 9, Isthe development located in arvitalzaion area? T Yes [No (lfyes atch required form in TAB A) 10, _Isthe developmen an existing RD or HUD $8/236 development? Yes [No (Ife attach required form in TAB Q) "Nat: thee an entity of terest between the applicant ante seller in this proposal, and the applicant is seeking poins in this eatery. ten th applicant must ier wsve thei rights othe developer fe or oor fees associated with sequistion andlor rehabilitation, or obtain a waiver of ths requirement from VHDA gelato application submission to recive tes pins, ‘Applicant agrees to waive al rights to any developer's fee or ‘other fes associated with acquisition andor rehab. Dye One ’, Applicent has obtained a waver ofthis requirement from VEDA, ‘ror to the application submission deadline. Dye Gna 1. Isthe development located in acensus tact witha poverty rate <10% with no tax crit units currently present? Yes Is the development sted on the RD 515 Rehabilitation Priority Lise? Yes 13, Congressional District 3 mosses va secant Planning District 23 mntanoatinnieneaNee State Senate District 18 ea = State House District 7D hostesses mustnan0shssottTanst 14, Location Map attached (TAB A) B. Project Deseription: Inthe space provided below, give a brief description ofthe proposed project. fanilon Place’ 84 newly constructed units wil srve Families earning Tes than 60% AMI, The project wil be developed on the former site oF [chase View Aparments, which has been demolished and cleared, All units wil be subsidized with anew Projet Based Section 8 contract [committed to by PRA.