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INSTRUCTIONS FOR THE

VIRGINIA 2010 LIHTC APPLICATION FOR RESERVATION

This application was prepared using Excel, Microsoft Office 2003. Please note that using the active Excel
workbook does not eliminate the need to submit the required PDF of the signed hardcopy of the application and
related documentation. A more detailed explanation of application submission requirements is provided
below and in the Application Manual.

An electronic copy of your completed application is a mandatory submission item.

Applications For 9% Competitive Credits


Applicants should submit an electronic copy of the application either on CD or by email, or both, prior to the
application deadline, which is 2:00 PM Richmond Virginia time on March 12, 2010. Failure to submit an electron
copy of the application by the deadline will cause the application to be disqualified.

Applications For Tax Exempt Bond Credits


Applicants should submit an electronic copy of the application either on CD or by email, or both, at the at the tim
of application submission. Applications will not be processed until an electronic copy is received.

NEW in 2010
Applicants should submit all application materials in electronic format only beginning in 2010
There should be 6 distinct files saved to 1 or more CDs and should include the following:
1. Application For Reservation – the active Microsoft Excel workbook
2. A PDF file which includes the following:
- Application For Reservation – Signed version of hardcopy
- All application attachments (i.e. tab documents, excluding market study and plans & specs)
3. Market Study – PDF or Microsoft Word format
4. Plans - PDF or other readable electronic format
5. Specifications - PDF or other readable electronic format (may be combined into the same file as th
plans if necessary)
6. Unit-By-Unit work write up (rehab only) - PDF or other readable electronic format
Notes: -Do not submit any files on a flash drive.
-Do not submit any application materials via TaxCreditApps@VHDA.com or to any
email address unless
specifically requested by the VHDA Allocation Department staff.
Disclaimer:
VHDA assumes no responsibility for any problems incurred in using this spreadsheet or for the
accuracy of the calculations. Check your application for correctness and completeness before
submitting the application to VHDA.

Entering Data:
Enter numbers or text as appropriate in the blank spaces highlighted in yellow. All other cells are
protected and will not allow any changes. The format for cells has been set to accept text, currency,
percentages, etc. as appropriate. Enter any number without commas or dollar signs. Enter
percentages beginning with a decimal point. There is no text wrap-around feature, so care must be
taken to enter text so that it does not extend beyond the right margin of the page. Enter in only enough
text to fill one line and then drop to the first yellow cell of the next line. Each page of the application is a
separate sheet in the spreadsheet. The spreadsheet contains numerous error checks which are
designed to assist you in identifying potential mistakes in your application. Please note that these may
appear as you enter data because many are dependent on entries later in the application. Do not be
concerned with these messages until all data has been entered. Also note that some cells contain
error messages such as "#DIV/0!" before you begin. These warnings will disappear as you enter
numbers necessary to complete the application.

Assistance:
If you have any questions, please call Jim Chandler at (804) 343-5786, Dale Wittie at (804)
343-5876, Cara Wallo at (804) 343-5714, Jaynell McFarland at (804) 343-5733 or Debbie Griner
at (804) 343-5518. Please note that we cannot release the copy protection password.

Staff email addresses:


jim.chandler@vhda.com - dale.wittie@vhda.com
cara.wallo@vhda.com - jaynell.pittman-shaw@vhda.com
v1/8/2010 Instructions
- debbie.griner@vhda.com
2010 Federal Low Income Housing
Tax Credit Program

Application For Reservation

Deadline for Submission

9% Competitive Credits
Applications
A li ti M
Mustt B
Be R
Received
i d At VHDA N
No L
Later
t ThThan
2:00 PM Richmond, VA Time On March 12, 2010

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)

v1/8/2010

Virginia Housing Development Authority


601 South Belvidere Street
Richmond, Virginia 23220-6500

31.09
Low Income Housing Tax Credit Application for Reservation

Please indicate if the following items are included with your application by checking the appropriate boxes. Your assistance in
organizing the submission in the following order, and actually using tabs to mark them as shown, will facilitate review of your
application. Please note that all mandatory items must be included for the application to be processed. The inclusion of other
items may increase the number of points for which you are eligible under VHDA's point system of ranking applications, and may
assist VHDA in its determination of the appropriate amount of credits that it may reserve for the development.

Electronic Copy of the Microsoft Excel Based Application (MANDATORY)


Scanned Copy of the Signed Tax Credit Application with Attachments (excluding market study and plans & specs) (MANDATO
Electronic Copy of the Market Study (MANDATORY-Application will be disqualified if study not submitted with application)
Electronic Copy of the Plans (MANDATORY)
Electronic Copy of the Specifications (MANDATORY)
Electronic Copy of the Unit By Unit Work Writeup (MANDATORY if rehab)
$750 Application Fee (MANDATORY)
Tab A: Documentation of Development Location:
A.1 Qualified Census Tract Certification
A.2 Revitalization Area Certification
Location Map
Surveyor's Certification of Proximity To Public Transportation
Tab B: Partnership or Operating Agreement, including chart of ownership structure with percentage of interests (MANDATOR
Tab C: Virginia State Corporation Commission Certification (MANDATORY)
Tab D: Principal's Previous Participation Certification and Resumé (MANDATORY)
Tab E: Nonprofit Questionnaire (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)
Tab F: Architect's Certification (MANDATORY)
Tab H: PHA / Section 8 Notification Letter
Tab I: Local CEO Letter
Tab J: Homeownership Plan
Tab K: Site Control Documentation & Most Recent Real Estate Tax Assessment (MANDATORY)
Tab L: Plan of Development Certification Letter
Tab M: Zoning Certification Letter
Tab N: Copies of 8609s To Certify Developer Experience
Tab O: (Reserved)
Tab P: Plans and Specifications and Work Write-Up (MANDATORY)
Tab Q: Documentation of Rental Assistance
Tab R: Documentation of Operating Budget
Tab S: Documentation of Project Budget
Tab T: Documentation of Financing Sources
Tab U:
Documentation To Request Exception To Restriction-Pools With Little/No Increase In Rent Burdened Population
Documentation of site location in an urban development area as defined in §15.2-2223.1of the Code of Virginia
Documentation of the development participating in a locally adopted affordable housing dwelling unit program area as
described in either §15.2-2304 or §15.2-2305 of the Code of Virginia
Tab V: Nonprofit or LHA Purchase Option or Right of First Refusal
Tab W: Attorney's Opinion (MANDATORY)
Tab X: (Reserved)
Tab Y: Marketing Plan for units meeting accessibility requirements of HUD section 504

v12.31.09 Submission Checklist


Low-Income Housing Tax Credit Application For Reservation

VHDA TRACKING NUMBER 2010-C-75


I. General Information
All code "Section" references are to, and the term "IRC" shall be deemed to mean, March 1, 2010
the Internal Revenue Code of 1986, as amended. (Date of Application)

A. Development Name and Location:


1. Name of Development Emmanuel House Senior Residences
2. Address of Development 9601 Jefferson Avenue
(Street)
Newport News VA 23601
(City) (State) (Zip Code)

3. If complete address is not available, provide longitude and latitude coordinates (x,y) from
location on site your surveyor deems appropriate.
Documentation from surveyor attached (TAB A) (Only necessary if street address or street intersections are not available.
(Coordinates should be the same as those listed on pg 13, if applicable)
4. The Circuit Court Clerk's office in which the deed to the property is or will be recorded:
City/County of Newport News City (ie; Richmond City, Chesterfield County; see application manual)
5. Does the site overlap one or more jurisdictional boundaries? Yes No
If yes, what other City/County is the site located in besides the one mentioned above?
6. Census Tract the development is located in: 314
Is this a Qualified Census Tract: Yes No (If yes, attach required form in TAB A)
7. Is the development located in a Difficult Development Area? No
8. Is the development located in a revitalization area? Yes No (If yes, attach required form in TAB A)
9. Is the development an existing RD or HUD S8/236 development? Yes No (If yes, attach required form in TAB Q)
Note to #9: If there is an identity of interest between the applicant and the seller in this proposal, and the applicant is seeking points in
this category, then the applicant must either waive their rights to the developer's fee or other fees associated with acquisition and/or
rehabilitation, or obtain a waiver of this requirement from VHDA prior to application submission to receive these points.
a. Applicant
A li agrees to waive
i all
ll rights
i h to any developer's
d l ' fee
f or
other fees associated with acquisition and/or rehab. Yes n/a
b. Applicant has obtained a waiver of this requirement from VHDA
prior to the application submission deadline. Yes n/a
10. Is the development located in a census tract with a poverty
rate <10% with no tax credit units currently present? Yes No

11. Is the development listed on the RD 515 Rehabilitation Priority List? Yes No
12. Is the proposed development located in an urban development area as defined in §15.2-2223.1of the Code of Virginia?
Yes No (If yes, attach required form in TAB U)
13. Will the proposed development participate in a locally adopted affordable housing dwelling unit program area as described in
either §15.2-2304 or §15.2-2305 of the Code of Virginia? Yes No (If yes, attach required form in TAB U)

14. Congressional District 3 http://dlsgis.state.va.us/congress/2001PDFs/chap7Tab.pdf


Planning District 23 http://www.vapdc.org/aboutpdcs.htm#PDC%20Map
State Senate District 2 http://dlsgis.state.va.us/senate/2001PDFs/Chap2Tab.pdf

State House District 95 http://dlsgis.state.va.us/House/2001HousePDFs/Chap1Tab.pdf

15. Location Map Attached (TAB A)

B. Project Description:
In the space provided below, give a brief description of the proposed project.
Emmanuel House Sr. Residences is a 68 units, multi‐phase, mixed‐finance, mixed‐use development in the urban development area of the city of 
Newport News, Virginia. It will use HUD Section 8 Capital Advance and LIHTC to create 68 units (including Manager's unit) of elderly rental housing with 
rents set at 40% and 50% of AMI. It will be a 3 story building with elevator, fully accessible and visitable under HUD and VHDA guidelines, with 1BR/1BA 
and 2BR/2BA units. In addition to the Project‐Based Rental Assistance from HUd, the project will enjoy a close working relationship with Newport News 
Redevelopment Housing Authority to provide subsidized units to age‐and‐income‐qualified seniors on the PHA waiting list, as well as providing priority 
to age‐and‐income‐qualified seniors with Tenant‐Based Rental Assistance (Housing Choice Vouchers) and tenants who may not have vouchers but have 
sufficient income to afford a 40% or 50% AMI units.
The develoment will contain a community room, library, family living room as well as a family dining room, an equipped computer room with high‐
speed wireless connectivity throughout the development, and an exercise room. Outdoor facilities will include a fully accessible walking trail, gazebo, 
picnic area, exercise station, and a car wash. All units will have upgraded Energy Star appliances including garbage disposal and microwave, ceiling fans, 
washer and dryer hookup.

v12.31.09 Page 1
Low Income Housing Tax Credit Application For Reservation

C. Reservation Request

1. Total annual credit amount request (Must be the same as Part IX-D8) $741,825

2. Credits requested from:


9% Credits
Nonprofit Set-Aside (All nonprofit owned developments which meet tests
described in Part II-D hereof may select this)
Local Housing Authorities Richmond MSA Pool
Planning District 8 (Inner Washington MSA) Pool Tidewater MSA Pool
Northwest / North Central VA Area Pool Balance of State Pool (Remaining Geographi
Non-Competitive Pool (Preservation) Non-Competitive Pool (Disability)

Tax Exempt Bonds


new construction, or
rehabilitation, or
acquisition and rehabilitation.

Federal Subsidies
The development will not receive federal subsidies.

This development will receive federal subsidies for:


all buildings or

some buildings.
g

D. Type(s) of Allocation/Allocation Year

1. Regular Allocation
All of the buildings in the development are expected to be placed
in service this year. For those buildings the owner will, this year, request an
allocation of 2010 credits for new construction, or
rehabilitation, or
acquisition and rehabilitation.

2. Carryforward Allocation
All of the buildings in the development are expected to be placed
in service within two years after the end of this calendar year, 2010, but the
owner will have more than 10% basis in the development before the end of twelve
months following allocation of credits. For those buildings, the owner requests
a carryforward allocation of 2010 credits pursuant to Section 42(h)(1)(E) for:
new construction, or
rehabilitation, or
acquisition and rehabilitation (even if you acquired a building this year and
"placed it in service" for the purpose of the acquisition credit, you cannot receive
the 8609 form for it until the rehab 8609 is issued for that building once the rehab
work is "placed in service" in 2011 or 2012).

3. Federal Subsidies
The development will not receive federal subsidies.
This development will receive federal subsidies for:
all buildings or
some buildings.

v12.31.09 Page 2
Low-Income Housing Tax Credit Application For Reservation

E. Acquisition Credit Information


NOTE: If no credits are being requested for existing buildings being acquired for the development,
so indicate and go on to Part F: No Acquisition

Ten-Year Rule For Acquisition Credits


All buildings satisfy the 10-year look-back rule of IRC Section 42 (d)(2)(B), including the
10% basis/$15,000.00 rehab costs ($10,000 for Tax Exempt Bonds) per unit requirement.
All buildings qualify for an exception to the 10-year rule under IRC Section 42(d)(2)(D)(i),
Subsection (I)
Subsection (II)
Subsection (III)
Subsection (IV)
Subsection (V)

The 10-year rule in IRC Section 42 (d)(2)(B) for all buildings does not apply pursuant to IRC Section 42(d)(6).

Different circumstances for different buildings: Attach a separate sheet and explain for each building.

F. Rehabilitation Credit Information

NOTE: If no credits are being requested for rehabilitation expenditures, so indicate and go
on to Section II. No Rehabilitation

Minimum Expenditure Requirements


All buildings in the development satisfy the rehab costs per unit requirement of IRC
Section 42(e)(3)(A)(ii).
All buildings in the development qualify for the IRC Section 42(e)(3)(B) exception to the
10% basis requirement (4% credit only).
All buildings in the development qualify for the IRC Section 42(f)(5)(B)(ii)(II) exception.
Different circumstances for different buildings. Attach a separate sheet and
explain for each building.

G. Request For Exception


The proposed new construction development (including adaptive reuse and rehabilitation that creates additional rental
space) is subject to an assessment of up to minus 20 points for being located in a pool identified by the Authority as a pool
with little or no increase in rent burdened population. N/A - Does not apply to this proposed development.
Applicant seeks an exception to this restriction in accordance with one of the following provisions under 13VAC10-180-60

Proposed development is specialized housing designed to meet special needs that cannot readily be addressed
utilizing existing residential structures. Documentation Attached (TAB U)

Proposed development is designed to serve as a replacement for housing being demolished through
redevelopment. Documentation Attached (TAB U)

Proposed development is housing that is an integral part of a neighborhood revitalization project sponsored by
a local housing authority. Documentation Attached (TAB U)

v12.31.09 Page 3
Low-Income Housing Tax Credit Application For Reservation

II. OWNERSHIP INFORMATION

NOTE: VHDA may allocate credits only to the tax-paying entity which owns the development at the time of the allocation. The term "Owner" herein refers to that entity. Please
fill in the legal name of the owner. The ownership entity must be formed prior to submitting this application. Any transfer, direct or indirect, of partnership interests (except
those involving the admission of limited partners) prior to the placed-in-service date of the proposed development shall be prohibited, unless the transfer is consented to by
VHDA in its sole discretion. IMPORTANT: The Owner name listed on this page must match exactly the owner name listed on the Virginia State Corporation

Must be an individual or legally formed entity

A. Owner Information:
Name Emmanuel House Senior Residences 2010, L.P.
Contact Person First: Thomas Middle: M Last: Phan
Address 240 Danbury Lane
(Street)
Atlanta GA 30327
(City) (State) (Zip Code)

Federal I. D. No. (If not available, obtain prior to Allocation)


Phone 404 323 5507 Fax 404 228 5630 Email address thomas.phan@comcast.net
Type of entity: Limited Partnership Other
Individual(s) Corporation
Owner's organizational documents (e.g. Partnership agreements & ownership structure chart) attached (Mandatory TAB B)
Certification from Virginia State Corporation Commission attached (Mandatory TAB C)

Principal(s) involved (e.g. general partners, LLC members, controlling shareholders, etc.):
Names ** Phone Type Ownership % Ownership
Emmanuel House Sr. Residences MMX, Ge 757 344 1836 General Partner 100.00%
Rev. Howard Heard 757 344 1836 Board Member 0.00%
Mr. Thomas Phan 404 323 5507 Board Member 0.00%
Rev. David Wood 478 745 2366 Board Member 0.00%
Rev. Tom Johnson 706 663 2127 Board Member 0.00%
Mr. George Mirmelstein 757 874 6767 Board Member 0.00%
0.00%
This should be 100% of the GP or managing member interest: 100.00%

** These should be the names of individuals who comprise the GP or managing members, not simply the names of
separate partnerships or corporations which may comprise those components.

Principals' Previous Participation Certification attached (Mandatory TAB D) & resumé.

B. Seller Information:
Name Emmanuel Baptist Church Contact Person Mr. Ermany Taylor
Address 519 North Avenue
Newport News, VA 23601 Phone 7573441836

Is there an identity of interest between the seller and owner/applicant? Yes No


If yes, complete the following:
Principal(s) involved (e.g. general partners, controlling shareholders, etc.)
Names Phone Type Ownership % Ownership
0.00%
0.00%
0.00%
0.00%

v12.31.09 Page 4
Low-Income Housing Tax Credit Application For Reservation

C. Development Team Information:


Complete the following as applicable to your development team.

1. Tax Attorney: Johnson Kanady III, Esquire Related Entity? Yes No


Firm Name: Kanady & Quinn, P.C
Address: 9200 Forest Hill Avenue, Suite C, Richmond, VA 23235
Phone: 804 282 8494 Fax: 804 282 8496

2. Tax Accountant: Wendy Langlais - Tilley Related Entity? Yes x No


Firm Name: Reznick Group
Address: 2002 Summit Blvd, Suite 1000, Atlanta, GA 30319
Phone: 404 847 9447 Fax: 404 250 4065

3. Consultant: Related Entity? Yes No


Firm Name: Role:
Address:
Phone: Fax:

4. Management Entity (Contact): Dick Swift Related Entity? Yes No


Firm Name: Shelter Management Corporation
Address: 13195 Warwick Blvd, Suite 1F, Newport News, VA 23602
Phone: 757 874 7255 Fax: 757 874 0798

5
5. Contractor
C t t (Contact):
(C t t) Gary
G JJ. H
Haste
t R l t d Entity?
Related E tit ? Y
Yes N
No
Firm Name: Associated Contracting Services
Address: 3303 Airline Boulevard, Suite 1F, Portsmouth, VA 23701
Phone: 757 465 1440 Fax: 757 465 1125

6. Architect: Mr. Jackie Martin Related Entity? Yes No


Firm Name: Martin, Riley & Associates
Address: 215 Church Street, Decatur, GA 30030
Phone: 404 373 2800 Fax: 404 373 2888

7. Real Estate Attorney: Johnson Kanady III, Esquire Related Entity? Yes No
Firm Name: Kanady & Quinn, P.C
Address: 9200 Forest Hill Avenue, Suite C, Richmond, VA 23235
Phone: 804 282 8494 Fax: 804 282 8496

8. Mortgage Banker: Wallace Deaver Related Entity? Yes No


Firm Name: Wells Fargo Bank, N.A
Address: 9080 Barbee Lane, Suite 106, Knoxville, TN 37923
Phone: 8656925326 Fax: 8656925327

9. Other (Contact): Related Entity? Yes No


Firm Name: Role:
Address:
Phone: Fax:

v12.31.09 Page 5
Low-Income Housing Tax Credit Application For Reservation

D. Nonprofit Involvement:

Applications For 9% Credits - Must be completed in order to compete in the nonprofit tax credit pool.
All Applicants - Must be completed for points for nonprofit involvement under the ranking system.

Tax Credit Nonprofit Pool Applicants: To qualify for the nonprofit pool, an organization described in IRC Section 501
(c)(3) or 501 (c)(4) and exempt from taxation under IRC Section 501 (a), whose purposes include the fostering of low-income housing:

1. Must "materially participate" in the development and operation of the project throughout the compliance period,
2. Must own all general partnership interests in the development .
3. Must not be affiliated with or controlled by a for-profit organization.
4. Must not have been formed for the principal purpose of competition in the nonprofit pool, and
5. Must not have any staff member, or member of the nonprofit's board of directors materially participate in the proposed project
as a for-profit entity.

All Applicants: To qualify for points under the ranking system, the nonprofit's involvement need not necessarily
satisfy all of the requirements for participation in the nonprofit tax credit pool.

1. Nonprofit Involvement (All Applicants)


If there is no nonprofit involvement in this development, please indicate by checking here:
and go on to part III
2. Mandatory Questionnaire
If there is nonprofit involvement, you must complete the Non-Profit Questionnaire
Questionnaire attached (Mandatory TAB E)

3. Type of involvement
Nonprofit meets eligibility requirement for points only, not pool or
Nonprofit meets eligibility requirements for nonprofit pool and points.

4. Identity of Nonprofit (All nonprofit applicants)


The nonprofit organization involved in this development is:
the Owner
the Applicant (if different from Owner)
Other
Emmanuel House Inc.
(Name of nonprofit)
Rev. Howard Heard 303 Hope Court
(Contact Person) (Street Address)
Newport News VA 23602
(City) (State) (Zip code)
757 344 1836
(Phone) (Fax)

5. Percentage of Nonprofit Ownership (All nonprofit applicants)


Specify the nonprofit entity's percentage ownership of the general partnership interest: 100.0%

v12.31.09 Page 6
Low-Income Housing Tax Credit Application For Reservation

III. DEVELOPMENT INFORMATION

A. Structure and Units:


1. Total number of all units in development 68
Total number of rental units in development 68 bedrooms 88
Number of low-income rental units 68 bedrooms 88
Percentage of rental units designated low-income 100.00%

2. The development's structural features are (check all that apply):

Row House/Townhouse Detached Single-family


Garden Apartments Detached Two-family
Slab on Grade Basement
Crawl space Age of Structure: 0
Elevator Number of stories: 3
3. Number of new units 68 bedrooms 88
Number of adaptive reuse units 0 bedrooms 0
Number of rehab units 0 bedrooms 0

4. Total Floor Area For The Entire Development 64,589.00 (Sq. ft.)

5. Unheated Floor Area (Breezeways, Balconies, Storage) 2,241.00 (Sq. ft.)

6. Nonresidential Commercial Floor Area 0.00 (Sq. ft.)


(Not eligible for funding)
7. Total Usable Residential Heated Area 62,348.00 (Sq. ft.)

8. Number of Buildings (containing rental units) 1

9. Commercial Area Intended Use:

10. Project consists primarily of a building(s) which is (are) (CHOOSE ONLY ONE)

Low-Rise (1-5 stories with any structural elements made of wood)


Mid-Rise (5-7 stories with no structural elements made of wood)
High-Rise (8 or more stories with no structural elements made of wood)

11. a. Total Net Rental Square Feet 50,448.00


b. Percentage of Net Rentable Square Feet Deemed To Be New Rental Space 100.00%

B. Building Systems:
Please describe each of the following in the space provided.
Community Facilities: Community Room, Computer/Business Center, Library,
Exercise room, Art & Craft Room, Kitchen, Car Wash, Gazebo, Community Garden
Exterior Finish: Brick (Coverage at 100%)
Heating/AC System: Heat Pump
Architectural Style: Garden Apartments

v12.31.09 Page 7
Low-Income Housing Tax Credit Application For Reservation
C. Amenities:

1. Specify the average size per unit type: (Including pro rata share of heated common area)
Assisted Lvg 0.00 SF 1Bdrm Eld 851.00 SF 3-Bdrm Gar 0.00 SF
1-Sty-Eff-Eld 0.00 SF 2Bdrm Eld 1,075.00 SF 4-Bdrm Gar 0.00 SF
1-Sty 1BR-Eld SF Eff-Gar 0.00 SF 2+Sty 2BR TH 0.00 SF
1-Sty 2BR-Eld 0.00 SF 1-Bdrm Gar 0.00 SF 2+Sty 3BR TH 0.00 SF
Eff-Eld 0.00 SF 2-Bdrm Gar 0.00 SF 2+Sty 4BR TH 0.00 SF

2. Total gross usable, heated square feet for the entire project less nonresidential commercial area:
62,348.00 Documentation attached (TAB F) Mandatory
(Sq. ft.)

NOTE: All developments must meet VHDA's Minimum Design and Construction Requirements.
By signing and submitting the Application For Reservation of Low Income Housing Tax Credits the
applicant certifies that the proposed project budget, plans & specifications and work write-ups incorporate
all necessary elements to fulfill these requirements.

3. Check the following items which apply to the proposed project:


Documentation attached (TAB F Architect Certification) Mandatory

For any project, upon completion of construction/rehabilitation: (Optional Point items)


100% a(1) Percentage of 2-bedroom units that have 1.5 bathrooms
0% a(2) Percentage of 3 or more bedroom units that have 2 bathrooms
b. A community/meeting room with a minimum of 749 square feet is provided
100% c. Percentage of exterior walls covered by brick (excluding triangular gable ends, doors and windows)
d. All kitchen and laundry appliances meet the EPA's Energy Star qualified program requirements
e. All windows meet the EPA's Energy Star qualified program requirements
f. Every unit in the development is heated and cooled with either (i) heat pump equipment with both a
SEER rating of 15.0 or more and a HSPF rating of 8.5 or more , or (ii) air conditioning equipment
with a SEER rating of 15.0 or more, combined with gas furnaces with an AFUE rating of 90% or
more

g. Water expense is sub-metered (the tenant will pay monthly or bi-monthly bill)
h. Each bathroom consists only of low-flow faucets (2.2 gpm max.) and showerheads (2.5gpm max.)
i. Provide necessary infrastructure in all units for high speed cable, DSL or wireless internet sevice.
j. All water heaters meet the EPA's Energy Star qualified program requirements.

k. Every unit in the development will be heated and cooled with a geothermal heat pump that meets
EPA Energy Star qualified program requirements.
l. The development will have a solar electric system that will remain unshaded year round, be oriented
to within 15 degrees of true south, and be angled horizontally within 15 degrees of latitude.

Expected Total Electrical Load (kilowatt hours per month): 0


Percent of Expected Load Offset By Solar Electric System: 0.00%

v12.31.09 Page 8
Low Income Housing Tax Credit Application For Reservation

For all projects exclusively serving elderly and/or handicapped tenants, upon completion
of construction/rehabilitation: (Optional Point items)

a. All cooking ranges will have front controls


b. All units will have an emergency call system
c. All bathrooms will have an independent or supplemental heat source
d. All entrance doors have two eye viewers, one at 48" and the other at standard height

For all rehabilitation and adaptive reuse projects, upon completion of construction or
or rehabilitation: (Optional Point items)

The structure is listed individually in the National Register of Historic Places or is


located in a registered historic district and certified by the Secretary of the Interior as
being of historical significance to the district, and the rehabilitation will be completed
in such a manner as to be eligible for historic rehabilitation tax credits

Accessibility

Check one or none of the following point categories, as appropriate:

For any non-elderly property in which the greater of 5 or 10% of the units will be subject to federal project-based rent
subsidies or equivalent assistance in order to ensure occupancy by extremely low-income persons; and (ii) the greater of 5
units or 10% of the units will conform to HUD regulations interpreting accessibility requirements of section 504 of the
Rehabilitation Act; and be actively marketed to people with special needs in accordance with a plan submitted as part of the
Application.
Application (All of the units described in (ii) above must include roll-in
roll in showers and roll under sinks and front controls for
ranges, unless agree to by the Authority prior to the applicant's submission of its application).

For any non-elderly property in which the greater of 5 or 10% of the units (i) have rents within HUD’s Housing Choice
Voucher (“HCV”) payment standard; (ii) conform to HUD regulations interpreting accessibility requirements of section 504 of
the Rehabilitation Act; and (iii) are actively marketed to people with mobility impairments, including HCV holders, in
accordance with a plan submitted as part the Application.

For any non-elderly property in which at least four percent (4%) of the units conform to HUD regulations interpreting
accessibility requirements of section 504 of the Rehabilitation Act and are actively marketed to people with mobility
impairments in accordance with a plan submitted as part of the Application.

Earthcraft or LEED Development Certification


Applicant agrees to obtain Earthcraft or LEED certification prior to issuance of IRS Form 8609. Architect
certifies in the Architect Certification that the development's design will meet the criteria for such certification.
Yes - Earthcraft Yes - LEED
If Yes to either, attach appropriate documentation at TAB F

Universal Design - Units Meeting Universal Design Standards


a. The architect of record certifies that units will be constructed to meet VHDA's Universal Design standards.
Yes No If Yes, attach appropriate documentation at TAB F
b. Number of Rental Units constructed to meet VHDA's Universal Design standards:
68 Units 100%

VHDA Certified Property Management Agent


Owner agrees to use a VHDA Certified Property Management Agent to manage the property.
Yes No

Yes No N/A The market-rate units' amenities are substantially equivalent to those of the
low-income units. If no, explain differences:

v12.31.09 Page 9
Low-Income Housing Tax Credit Application For Reservation

IV. TENANT INFORMATION

A. Set-Aside Election: UNITS SELECTED BELOW IN BOTH COLUMNS DETERMINE


POINTS FOR THE BONUS POINT CATEGORY
Note: In order to qualify for any tax credits, a development must meet one of two minimum threshold occupancy tests. Either (i) at least
20% of the units must be rent-restricted and occupied by persons whose incomes are 50% or less of the area median income adjusted for
family size (this is called the 20/50 test) or (ii) at least 40% of the units must be rent-restricted and occupied by persons whose incomes are
60% or less of the area median income adjusted for family size (this is called the 40/60 test), all as described in Section 42 of the IRC.
Rent-and income-restricted units are known as low-income units. If you have more low-income units than required, you qualify for more
credits. If you serve lower incomes than required, you receive more points under the ranking system.

Units Provided Per Household Type:


Income Levels Rent Levels
# of Units % of Units # of Units % of Units
7 10.29% 40% Area Median 7 10.29% 40% Area Median
61 89.71% 50% Area Median 61 89.71% 50% Area Median
0 0.00% 60% Area Median 0 0.00% 60% Area Median
0.00% Non-LMI Units 0.00% Non-LMI Units
68 100.00% Total 68 100.00% Total

B. Special Housing Needs/Leasing Preference:

1. If 100% of the low-income units will be occupied by either or both of the following special needs
groups as defined by the United States Fair Housing Act
Act, so indicate:
Yes Elderly (age 55 or above)
Yes Physically or mentally disabled persons (must meet the requirements of the federal
Americans with Disabilities Act)
2. Specify the number of low-income units that will serve individuals and families with children by
providing three or more bedrooms: 0 Number of units 0% of total low-income units
3. If the development has existing tenants, VHDA policy requires that the impact of economic and/or physical
displacement on those tenants be minimized, in which Owners agree to abide by the Authority's Relocation
Guidelines for LIHTC properties.

4. If leasing preference will be given to applicants on public housing waiting list and/or Section 8
waiting list, so indicate:
Yes
No
Locality has no such waiting list; If yes, provide the following information:

Organization which holds such waiting list: Newport News Redevelopment & Housing Authority
Contact person (Name and Title) Karen R. Wilds
Phone Number 757 928 2663 Required documentation attached (TAB H)

5. If leasing preference will be given to individuals and families with children.


(Less than or equal to 20% of the units must have 1 or less bedrooms).
Yes
No

v12.31.09 Page 10
Low-Income Housing Tax Credit Application For Reservation

V. LOCAL NEEDS AND SUPPORT

Note: Please refer to the Application Manual for specific instructions and deadlines for pertaining to locality
notification of proposed Low income Housing Tax Credit developments.

A. Provide the name and the address of the chief executive officer (City Manager, Town Manager, or
County Administrator) of the political jurisdiction in which the development will be located:
Chief Executive Officer's Name Neil A Morgan
Chief Executive Officer's Title City Manager
Street Address 2400 Washington Avenue Phone (757) 926 8411
City Newport News State VA Zip 23607

Name and title of local official you have discussed this project with who could answer questions for the
local CEO: Neil A. Morgan, City Manager

If the property overlaps another jurisdiction please fill in the following:


Chief Executive Officer's Name
Chief Executive Officer's Title
Street Address Phone
City State Zip

Name and title of local official you have discussed this project with who could answer questions for the
local CEO:

B. Project Schedule

ACTUAL OR NAME OF
ACTIVITY ANTICIPATED PERSON
DATE RESPONSIBLE
Site
Option/Contract March 1, 2010 Thomas Phan
Site Acquisition July 31, 2010 Thomas Phan
Zoning Approval Jan 13, 2010 Thomas Phan
Site Plan Approval Sept 1, 2010 Thomas Phan
Financing
A. Construction Loan
Loan Application June 9, 2010 Thomas Phan
Conditional Commitment June 30, 2010 Thomas Phan
Firm Commitment July 31, 2010 Thomas Phan
B. Permanent Loan - First Lien
Loan Application June 9, 2010 Thomas Phan
Conditional Commitment June 30, 2010 Thomas Phan
Firm Commitment Jul 31, 2010 Thomas Phan
C. Permanent Loan-Second Lien
Loan Application N/A
Conditional Commitment N/A
Firm Commitment N/A
D. Other Loans & Grants
Type & Source, List
Application Dec 13, 2009 Thomas Phan
Award/Commitment Apr 30, 2010 Thomas Phan
Formation of Owner Feb 19, 2010 Thomas Phan
IRS Approval of Nonprofit Status Apr 15, 2005 Thomas Phan
Closing and Transfer of Property to Owner Jul 31, 2010 Thomas Phan
Plans and Specifications, Working Drawings Aug 31, 2010 Thomas Phan
Building Permit Issued by Local Government Sept 30, 2010 Thomas Phan
Start Construction Oct 1, 2010 Thomas Phan
Begin Lease-up Jul 4, 2011 Thomas Phan
Complete Construction Dec 31, 2011 Thomas Phan
Complete Lease-Up March 31, 2012 Thomas Phan
Credit Placed in Service Date June 30, 2012 Thomas Phan

v12.31.09 Page 11
Low-Income Housing Tax Credit Application For Reservation

VI. SITE CONTROL

Note: Site control by the Owner identified herein is a mandatory precondition of review of this application. Documentary
evidence of it, in the form of either a deed, option, purchase contract, or lease for a term longer than the period of time the
property will be subject to occupancy restrictions must be included herewith. (9% Competitive Credits - An option or
contract must extend beyond the application deadline by a minimum of four months.)

Warning: Site control by an entity other than the Owner, even if it is a closely related party, is not sufficient. Anticipated
future transfers to the Owner are not sufficient. The Owner, as identified in Subpart II-A, must have site control at the
time this Application is submitted.

NOTE: If the Owner receives a reservation of credits, the property must be titled in the name of or leased by (pursuant to a
long-term lease) the Owner before the allocation of credits is made this year.

Contact us before you submit this application if you have any questions about this requirement.

A. Type of Site Control by Owner:

Applicant controls site by (select one and attach document - Mandatory TAB K)

Deed - attached
Long-term Lease - attached (expiration date: )
Option - attached (expiration date: 09/30/11 )
Purchase Contract - attached (expiration date: )

If more than one site for the development and more than one form of site control, please so indicate
and attach a separate sheet specifying each site, number of existing buildings on the site, if any,
type of control of each site, and applicable expiration date of form of site control. A site control
document is required for each site.

Most recent property tax assessment - Mandatory TAB K

B. Timing of Acquisition by Owner:


Select one:

Owner already controls site by either deed or long-term lease or

Owner is to acquire property by deed (or lease for period no shorter than period property
will be subject to occupancy restrictions) no later than 12/31/10

If more than one site for the development and more than one expected date of acquisition by
Owner, please so indicate and attach separate sheet specifying each site, number of existing
buildings on the site, if any, and expected date of acquisition of each site by the Owner.

C. Market Study Data:

Obtain the following information from the Market Study conducted in connection with this tax credit application and enter below:

Project Wide Capture Rate - LIHTC Units 10.40%


Project Wide Capture Rate - Market Units 0.00%
Project Wide Capture Rate - All Units 3.3% (p.14)
Project Wide Absorption Period (Months) 13 (p.15)

v12.31.09 Page 12
Low-Income Housing Tax Credit Application For Reservation

C. Site Description

1. Exact area of site in acres 2.330

2. Has locality approved a final site plan or plan of development?


Yes No
Required documentation form attached (TAB L)

3. Is site properly zoned for the proposed development?


Yes No
Required documentation form attached (TAB M)

4. Will the proposal seek to qualify for points associated with proximity to public transportation?
Yes No
Required documentation form attached (TAB A)

D. Plans and Specifications

Minimum submission requirements for all properties (new construction, rehabilitation and adaptive reuse)

1. A location map with property clearly defined.


2. Sketch plan of the site showing overall dimensions of main building(s), major site elements
(e.g., parking lots and location of existing utilities, and water, sewer, electric,
gas in the streets adjacent to the site). Contour lines and elevations are not required.
3. Sketch plans of main building(s) reflecting overall dimensions of:
a. Typical floor plan(s) showing apartment types and placement
b. Ground floor plan(s) showing common areas;
c. Sketch floor plan(s) of typical dwelling unit(s);
d. Typical wall section(s) showing footing, foundation, wall and floor structure.
Notes must indicate basic materials in structure, floor and exterior finish.
4. Required documentation for rehabilitation properties: A unit-by-unit work write-up.

v12.31.09 Page 13
Low-Income Housing Tax Credit Application For Reservation

VII. OPERATING BUDGET

A. Rental Assistance
1. Do or will any low-income units receive rental assistance?
Yes No
2. If yes, indicate type of rental assistance:

Section 8 New Construction Substantial Rehabilitation


Section 8 Moderate Rehabilitation
Section 8 Certificates
Section 8 Project Based Assistance
RD 515 Rental Assistance
Section 8 Vouchers
State Assistance
Other:

3. Number of units receiving assistance: 0


Number of years in rental assistance contract: 0
Expiration date of contract:
Contract or other agreement attached (TAB Q)

B. Utilities
1. Monthly Utility Allowance Calculations

Utilities Type of Utility Utilities Enter Allowances by Bedroom Size


(Gas, Electric, Oil, etc.) Paid by: 0-bdr 1-bdr 2-bdr 3-bdr 4-br
Heating Owner x Tenant 0 42 66 0 0
Air Conditioning Owner x Tenant 0 8 8 0 0
Cooking Owner x Tenant 0 8 7 0 0
Lighting Owner x Tenant 0 23 26 0 0
Hot Water Owner x Tenant 0 31 38 0 0
Water x Owner Tenant 0 0 0 0 0
Sewer x Owner Tenant 0 0 0 0 0
Trash x Owner Tenant 0 0 0 0 0
Total utility allowance for costs paid by tenant $0 $112 $145 $0 $0

2. Source of Utility Allowance Calculation (Attach Documentation TAB Q)


HUD
Utility Company (Estimate) Local PHA
Utility Company (Actual Survey) Other:

v12.31.09 Page 14
Low-Income Housing Tax Credit Application For Reservation

C. Revenue
1. Indicate the estimated monthly income for the Low-Income Units: **
Total Number of Total Monthly
Unit Type Tax Credit Units Rental Income
Efficiency Units 0 $0
1 Bedroom Units 48 $23,692
2 Bedroom Units 20 $12,360
3 Bedroom Units 0 $0
4 Bedroom Units 0 $0
Total Number of Tax Credit Units 68

Plus Other Income Source (list): LC, Car Wash, Laundry $721
Equals Total Monthly Income: $36,773
Twelve Months x12
Equals Annual Gross Potential Income $441,276
Less Vacancy Allowance ( 7.0% ) $30,889
Equals Annual Effective Gross Income (EGI) - Low Income Units $410,387

** Beginning at Row 75 enter the appropriate data for both tax credit and market rate units in the yellow shaded cells.

2. Indicate the estimated monthly income for the Market Rate Units: **
Total Number of Total Monthly
Unit Type Market Units Rental Income
Efficiency Units 0 $0
1 Bedroom Units 0 $0
2 Bedroom Units 0 $0
3 Bedroom Units 0 $0
4 Bedroom Units 0 $0
Total Number of Market Units 0

Plus Other Income Source (list): $0


Equals Total Monthly Income: $0
Twelve Months x12
E l Annual
Equals A l Gross
G P t ti l Income
Potential I $0
Less Vacancy Allowance ( 0.0% ) $0
Equals Annual Effective Gross Income (EGI) - Market Rate Units $0

Documentation in Support of Operating Budget attached (TAB R)

List number of units by type: TOTAL UNITS

ASSISTED LVG EFF-ELD 1 BD RM-ELD 2 BD RM-ELD EFF-GAR 1 BD RM-GAR


0 0 48 20 0 0

2 BD RM-GAR 3 BD RM-GAR 4 BD RM-GAR 2+Story 2 BR-TH 2+Story 3 BR-TH 2+Story 4 BR-TH


0 0 0 0 0 0

1 STY-EFF-ELD 1 STY-1 BR-ELD 1 STY-2 BR-ELD Note: Please be sure to enter the number of units in the
0 0 0 appropriate unit category. If not, you will find an error on
the scoresheet at 5a, 6a & 6b.
List number of units by type: TAX CREDIT UNITS
ASSISTED LVG EFF-ELD 1 BD RM-ELD 2 BD RM-ELD EFF-GAR 1 BD RM-GAR
0 0 48 20 0 0

2 BD RM-GAR 3 BD RM-GAR 4 BD RM-GAR 2+Story 2 BR-TH 2+Story 3 BR-TH 2+Story 4 BR-TH


0 0 0 0 0 0

1 Story-EFF-ELD 1 Story-1 BR-ELD 1 Story-2 BR-ELD


0 0 0

Efficiency Units
Unit Type / Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent

Efficiency - 40% 0 0.00 $ - $ -


Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
v12.31.09 Efficiency - 40% 0 0.00 $ - $ - Page 15
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -

Efficiency - 50% 0 0.00 $ - $ -


Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -

Efficiency - 60% 0 0.00 $ - $ -


Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -
Total Efficiency Total Monthly Eff.
Tax Credit Units: 0 0.00 Tax Credit Rent: $ -

Efficiency - Market 0 0.00 $ - $ -


Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Efficiency - Market 0 0.00 $ - $ -
Total Efficiency
Market Units: 0 0.00 Total Monthly
Eff. Market Rent: $ -

Total Eff. Units: 0 Total Eff. Rent $ -

1-Bedroom Units
Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent

v12.31.09 Page 15
1 BR - 40% 7 676.00 $ 396 $ 2,772
1 BR - 40% $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -

1 BR - 50% 40 676.00 $ 523 $ 20,920


1 BR - 50% 1 676.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -

1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
Total 1-BR Total Monthly 1-BR
Tax Credit Units: 48 32,448.00 Tax Credit Rent: $ 23,692

1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
Total 1-BR
Market Units: 0 0.00 Total Monthly
1-BR Market Rent: $ -

v12.31.09 Total 1-BR Units: 48 Total 1-BR Rent $ 23,692 Page 15


2-Bedroom Units
Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent

2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -

2 BR - 50% 20 900.00 $ 618 $ 12,360


2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0 00
0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -

2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
Total 2-BR Total Monthly 2-BR
Tax Credit Units: 20 18,000.00 Tax Credit Rent: $ 12,360

2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
v12.31.09 Page 15
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
Total 2-BR
Market Units: 0 0.00 Total Monthly
2-BR Market Rent: $ -

Total 2-BR Units: 20 Total 2-BR Rent $ 12,360

3-Bedroom Units
Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent

3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -

3 BR - 50% 0 0 00
0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -

3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
Total 3-BR Total Monthly 3-BR
Tax Credit Units: 0 0.00 Tax Credit Rent: $ -

3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
v12.31.09 3 BR - Market 0 0.00 $ - $ - Page 15
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
Total 3-BR
Market Units: 0 0.00 Total Monthly
3-BR Market Rent: $ -

Total 3-BR Units: 0 Total 3-BR Rent $ -

4-Bedroom Units
Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent

4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0 00
0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -

4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -

4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
v12.31.09 4 BR - 60% 0 0.00 $ - $ - Page 15
Total 4-BR Total Monthly 4-BR
Tax Credit Units: 0 0.00 Tax Credit Rent: $ -

4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
Total 4-BR
Market Units: 0 0.00 Total Monthly
4-BR Market Rent: $ -

Total 4-BR Units: 0 Total 4-BR Rent $ -

Total Units 68 Net Rentable SF: TC Units 50,448.00


MKT Units 0.00
Total NR SF: 50,448.00

Floor Space Fraction 100.0000%

v12.31.09 Page 15
Low-Income Housing Tax Credit Application For Reservation

D. Operating Expenses
Administrative:
1. Advertising/Marketing $10,000
2. Office Salaries $0
3. Office Supplies $6,000
4. Office/Model Apartment (type______) $0
5. Management Fee $23,066
5.62% of EGI 339.2058824 Per Unit
6. Manager Salaries $27,000
7. Staff Unit (s) (type______) $0
8. Legal $4,000
9. Auditing $0
10. Bookkeeping/Accounting Fees $10,000
11. Telephone & Answering Service $6,000
12. Tax Credit Monitoring Fee $2,040
13. Miscellaneous Administrative $0
Total Administrative $88,106
Utilities
14. Fuel Oil $0
15. Electricity $15,000
16. Water $27,823
17. Gas $0
18. Sewer $14,981
Total Utility $57,804
Operating:
19. Janitor/Cleaning Payroll $27,000
20. Janitor/Cleaning Supplies $15,000
21. Janitor/Cleaning Contract $0
22. Exterminating $8,000
23. Trash Removal $6,142
24. Security Payroll/Contract $0
25. Grounds Payroll $0
26. Grounds Supplies $0
27. Grounds Contract $15,000
28. Maintenance/Repairs Payroll $0
29. Repairs/Material $0
30. Repairs Contract $0
31. Elevator Maintenance/Contract $11,700
32. Heating/Cooling Repairs & Maintenance $0
33. Pool Maintenance/Contract/Staff $0
34. Snow Removal $0
35. Decorating/Payroll/Contract $0
36. Decorating Supplies $0
37. Miscellaneous $0
Operating & Maintenance Totals $82,842
Taxes & Insurance
38. Real Estate Taxes $77,880
39. Payroll Taxes $6,480
40. Miscellaneous Taxes/Licenses/Permits $0
41. Property & Liability Insurance $8,000
42. Fidelity Bond $0
43. Workman's Compensation $900
44. Health Insurance & Employee Benefits $0
45. Other Insurance $0
Total Taxes & Insurance $93,260
6544
Total Operating Expense $322,012

D1. Total Oper. Ex. Per Unit $4,735 D2. Total Oper. Ex. As % EGI (from E3) 78.47%

Replacement Reserves (Total # Units X $300 or $250 New Const. Elderly Minimum) $17,000

Total Expenses $339,012

v12.31.09 Page 16
Low-Income Housing Tax Credit Application For Reservation

E. Cash Flow (First Year)


1. Annual EGI Low-Income Units from (C1) $410,387
2. Annual EGI Market Units (from C2) + $0
3. Total Effective Gross Income = $410,387
4. Total Expenses (from D) $339,012
5. Net Operating Income = $71,375
6. Total Annual Debt Service (from Page 21 B2) - $39,327
7. Cash Flow Available for Distribution = $32,047

F. Projections for Financial Feasibility - 15 Year Projections of Cash Flow

Stabilized
Year 1 Year 2 Year 3 Year 4 Year 5
Eff. Gross Income 410,387 418,594 426,966 435,506 444,216
Less Oper. Expenses 339,012 349,182 359,658 370,448 381,561
Net Income 71,375 69,412 67,308 65,058 62,655
Less Debt Service 39,327 39,327 39,327 39,327 39,327
Cash Flow 32,047 30,085 27,981 25,731 23,327
Debt Coverage Ratio 1.81 1.76 1.71 1.65 1.59

Year 6 Year 7 Year 8 Year 9 Year 10


Eff. Gross Income 453,100 462,162 471,405 480,833 490,450
Less Oper. Expenses 393,008 404,798 416,942 429,450 442,334
Net Income 60,092 57,364 54,463 51,383 48,116
Less Debt Service 39,327 39,327 39,327 39,327 39,327
Cash Flow 20,765 18,037 15,136 12,056 8,789
Debt Coverage Ratio 1.53 1.46 1.38 1.31 1.22

Year 11 Year 12 Year 13 Year 14 Year 15


Eff. Gross Income 500,259 510,264 520,470 530,879 541,497
Less Oper. Expenses 455,604 469,272 483,350 497,851 512,786
Net Income 44,655 40,992 37,119 33,028 28,710
Less Debt Service 39,327 39,327 39,327 39,327 39,327
Cash Flow 5,328 1,665 -2,208 -6,299 -10,617
Debt Coverage Ratio 1.14 1.04 0.94 0.84 0.73
Estimated Annual Percentage Increase in Revenue 2.00% (Must be < 2%)
Estimated Annual Percentage Increase in Expenses 3.00% (Must be > 3%)

v12.31.09 Page 17
Low-Income Housing Tax Credit Application For Reservation

VIII. PROJECT BUDGET

A. Cost/Basis/Maximum Allowable Credit

Complete cost column and basis column(s) as appropriate through A12. Check if the following
documentation is attached at TAB S:
Executed Construction Contract
Executed Trade Payment Breakdown
Appraisal
Other Cost Documentation
Environmental Studies

NOTE: Attorney must opine, among other things, as to correctness of the inclusion of each cost item in eligible
basis, type of credit and numerical calculations of this Part VIII.

Amount of Cost up to 100% Includable in


Eligible Basis--Use Applicable Column(s):
"30% Present Value Credit" (D)
Item (A) Cost (B) Acquisition (C) Rehab/ "70 % Present
New Construction Value Credit"
1. Contractor Cost

A. Off-Site Improvements 100,000 0 0


B. Site Work 779,000 0 0 779,000
C. Geothermal System 0 0 0 0
D. Unit Structures (New) 3,930,096 0 0 3,930,096
E. Unit Structures (Rehab) 0 0 0 0
F. Solar Electric System 0 0 0 0
G. Asbestos Removal 0 0 0 0
H. Demolition 20,000 0 0 20,000
I. Commercial Space Costs 0 0 0 0
J. Structured Parking Garage 0 0 0 0
K. Subtotal A: (Sum 1A..1J) 4,829,096 0 0 4,729,096
L. General Requirements 289,263 0 0 289,263
M. Builder's Overhead 96,582 0 0 96,582
( 2.0% Contract)
N. Builder's Profit 289,746 0 0 289,746
( 6.0% Contract)
O. Bonding Fee 72,436 0 0 72,436
P. Other 0 0 0 0
Q. Contractor Cost
Subtotal (Sum 1K..1P) $5,577,123 $0 $0 $5,477,123

2. Owner Costs
A. Building Permit 8,600 0 0 7,400
B. Arch./Engin. Design Fee 125,120 0 0 110,400
( 1,840 /Unit)
C. Arch. Supervision Fee 31,280 0 0 27,600
( 460 /Unit)
D. Tap Fees 350,000 0 0 575,000
E. Soil Borings 6,200 0 0 6,200

v12.31.09 Page 18
Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


Eligible Basis--Use Applicable Column(s):
"30% Present Value Credit" (D)
Item (A) Cost (B) Acquisition (C) Rehab/ "70 % Present
New Construction Value Credit"
2. Owner Costs Continued

F. Construction Loan 99,000 0 0 99,000


Origination Fee
G. Construction Interest 396,000 0 0 396,000
( 6.0% for 12 months)
H. Taxes During Construction 78,000 0 0 78,000
I. Insurance During Construction 8,000 0 0 8,000
J. Cost Certification Fee 10,000 0 0 10,000
K. Title and Recording 3,000 0 0 3,000
L. Legal Fees for Closing 18,750 0 0 18,750
M. Permanent Loan Fee 14,402 0 0 0
( 1.5% )
N. Other Permanent Loan Fees 0 0 0 0
O. Credit Enhancement 0 0 0 0
P. Mortgage Banker 0 0 0 0
Q. Environmental Study 7,000 0 0 7,000
R. Structural/Mechanical Study 0 0 0 0
S. Appraisal Fee 12,000 0 0 12,000
T. Market Study 12,000 0 0 12,000
U.
U Operating Reserve 162,006
162 006 0 0 0
V. Tax Credit Fee 52,970 0 0 0
W. OTHER $152,000 $0 $0 $92,000
(SEE PAGE 19A)
X. Owner Cost
Subtotal (Sum 2A..2W) $1,546,328 $0 $0 $1,462,350

Subtotal 1 + 2 $7,123,451 $0 $0 $6,939,473


(Owner + Contractor Costs)

3. Developer's Fees 965,000 0 0 965,000

4. Owner's Acquisition Costs


Land 707,000
Existing Improvements 0 0
Subtotal 4: $707,000 $0

5. Total Development Costs


Subtotal 1+2+3+4: $8,795,451 $0 $0 $7,904,473

If this application seeks rehab credits only, in which there is no acquisition and no change in ownership, enter the greater of
appraised value or tax assessment value here: $0 Land
(Attach documentation at Tab K) $0 Building

12.31.09 Page 19
Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


Eligible Basis--Use Applicable Column(s):
"30% Present Value Credit" (D)
Item (A) Cost (B) Acquisition (C) Rehab/ "70 % Present
New Construction Value Credit"
W. OTHER OWNER COSTS

Contingency Reserve 0 0 0 0
(Rehab or Adaptive Reuse only)
LIST ADDITIONAL ITEMS
Survey 7,000 0 0 7,000
Furniture and Fixture 75,000 0 0 75,000
Marketing 50,000 0 0 0
Legal - Formation 10,000 0 0 10,000
Legal - Opinion 10,000 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0

Subtotal (Other Owner Costs) $152,000 $0 $0 $92,000

v12.31.09 Page 19A


Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


Eligible Basis--Use Applicable Column(s):
"30 % Present Value Credit"
(C) Rehab/ (D)
New "70 % Present
Item (A) Cost (B) Acquisition Construction Value Credit"
5. Total Development Costs
Subtotal 1+2+3+4 8,795,451 0 0 7,904,473

6. Reductions in Eligible Basis

Subtract the following:


A. Amount of federal grant(s) used to finance 0 0 0
qualifying development costs

B. Amount of nonqualified, nonrecourse financing 0 0 0

C. Costs of nonqualifying units of higher quality 0 0 0


(or excess portion thereof)

D. Historic Tax Credit (residential portion) 0 0 0

7. Total Eligible Basis (5 minus 6 above) 0 0 7,904,473

8 Adjustment(s)
8. Adj t t( ) tto Eli
Eligible
ibl Basis
B i (For
(F non-acquisition
i iti costs
t in
i eligible
li ibl basis)
b i)
(i) For Earthcraft or LEED Certification AND 60 Bonus Points ( Eligible For Increase) 0 395,224
(ii) For QCT or DDA (Eligible Basis x 30%) 0 0

Total Adjusted Eligible basis 0 8,299,697

9. Applicable Fraction 100.0000% 100.0000% 100.0000%

10. Total Qualified Basis (Same as Part IX-C) 0 0 8,299,697


(Eligible Basis x Applicable Fraction)

11. Applicable Percentage 9.00%


(For 2010 9% competitive credits, use the March 2010 applicable percentages for acq.)
(For 9% non-competitive & tax exempt bonds, use the most recently published rates)

12. Maximum Allowable Credit under IRC §42 $0 $0 $746,973


(Qualified Basis x Applicable Percentage)
(Same as Part IX-C and equal to or more than $746,973
credit amount requested) Combined 30% & 70% P. V. Credit

v12.31.09 Page 20
Low-Income Housing Tax Credit Application For Reservation

B. Sources of Funds

1. Construction Financing: List individually the sources of construction financing, including any such
loans financed through grant sources:

Date of Date of Amount of


Source of Funds Application Commitment Funds Name of Contact Person
1. Suntrust Bank 06/09/10 07/31/10 $6,600,000 Keith Wells
2. $0
3. $0

Commitments or letter(s) of intent attached (TAB T)

2. Permanent Financing: List individually the sources of all permanent financing in order of lien position:

Interest Amortization Term


Date of Date of Amount of Annual Debt Rate of Period of
Source of Funds Application Commitment Funds Service Cost Loan IN YEARS Loan (years)
1. Keith Wells 06/09/10 07/31/10 $260,000 $20,757 7.00% 30 30
2. SAFE (Due at yr 11) 06/09/10 07/31/10 $3,714,071 $18,570 0.00% 1000 0
3. $0 $0 0.00% 1000 0
4. $0 $0 0.00% 1000 0
5. $0 $0 0.00% 1000 0
6. $0 $0 0.00% 1000 0

Totals: $3,974,071 $39,327

Commitments or letter(s) of intent attached (TAB T)

3. Grants: List all grants provided for the development:

Date of Date of Amount of


Source of Funds Application Commitment Funds Name of Contact Person
1. $0
2. $0
3. $0
4. $0
5. $0
6. $0

Total Permanent Grants: $0


Commitments or letter(s) of intent attached (TAB T)

v12.31.09 Page 21
Low-Income Housing Tax Credit Application For Reservation

4. Portion of Syndication Proceeds Attributable to Historic Tax Credit


Amount of Federal historic credits $0 x Equity % $0.00 $0
Amount of Virginia historic credits $0 x Equity % $0.00 $0

6. Equity that Sponsor will Fund:


Cash Investment $0
Contributed Land/Building $0 Assessment Attached (TAB S)
Deferred Developer Fee
Other: $0
Equity Total $0
7. Total of All Sources (B2 + B3 + B4 + B5 + B6) $3,974,071
(not including syndication proceeds except for historic tax credits)

8. Total Development Cost $8,795,451


(From VIII-A5)

9. Less Total Sources of Funds (From B7 above) $3,974,071

10. Equals equity gap to be funded with low-income tax credit


proceeds (must equal IX-D3) $4,821,380

C. Syndication Information (If Applicable)

1. Actual or Anticipated Name of Syndicator Raymond James Tax Credit Funds


2. Contact Person Phone
3. Street Address
City State Zip

4. a. Total to be paid by anticipated users of credit (e.g., limited partners) $4,821,380


b. Equity Dollars Per Credit (e.g., $0.85 per dollar of credit) $0.65
c. Percent of ownership entity (e.g., 99% or 99.9%) 99.99%
d. Net credit amount anticipated by user of credits $741,751
e. Syndication costs not included in VIII-A5 (e.g., advisory fees) $0

5. Net amount which will be used to pay for Total Development Cost (4a-4e)
as listed in Part VIII-A5 (same amount as Part IX-D3) $4,821,380

6. Amount of annual credit required for above amounts


(same amount as Part IX-D6) $741,825
7. Net Equity Factor [C5 / (C6 X 10)]
(same amount as Part IX-D4) Must be equal to or greater than 85% 64.99%

8. Syndication: Public or Private


9. Investors: Individual or Corporate

Weighted Average Credit Price Calculation


Exchange Component 40% $0.85 $0.34
Market Component 60% $0.64 $0.38
Weighted Average Credit Price: $0.72

v12.31.09 Page 22
Low-Income Housing Tax Credit Application For Reservation

D. Recap of Federal, State, and Local Funds/Any Credit Enhancements

1. Are any portions of the sources of funds described above for the development financed directly or indirectly
with Federal, State, or Local Government Funds? Yes No
If yes, then check the type and list the amount of money involved.

Below-Market Loans Market-Rate Loans

Tax Exempt Bonds $0 Taxable Bonds $0


RD 515 $0 Section 220 $0
Section 221(d)(3) $0 Section 221(d)(3) $0
Section 312 $0 Section 221(d)(4) $0
Section 236 $0 Section 236 $0
VHDA SPARC/REACH $0 Section 223(f) $0
HOME Funds $0 Other: $0
Other: SAFE $3,714,071
Other: $0

Grants Grants
CDBG $0 State $0
UDAG $0 Local $0
Other: $0

This means grants to the partnership. If you received a loan financed by a locality which received one of the
listed grants, please list it in the appropriate loan column as "other" and describe the applicable grant program
which funded it.

2. Subsidized Funding: list all sources of funding for points. Documentation Attached (TAB T)

Source of Funds Commitment date Funds


1. $0
2. $0
3. $0
4. $0
5. $0

3. Does any of your financing have any credit enhancement? Yes No


If yes, list which financing and describe the credit enhancement:

4. Other Subsidies Documentation Attached (TAB Q)


Section 8 Rent Supplement or Rental Assistance Payment
Tax Abatement
Other

5. Is HUD approval for transfer of physical asset required?


Yes No

E. For Transactions Using Tax-Exempt Bonds Seeking 4% Credits:


For purposes of the 50% Test, and based only on the data entered to this
application, the portion of the aggregate basis of buildings and land financed with
tax-exempt funds is: N/A

v12.31.09 Page 23
Low-Income Housing Tax Credit Application For Reservation

IX. ADDITIONAL INFORMATION

A. Extended Use Restriction

NOTE: Each recipient of an allocation of credits will be required to record an extended use agreement as
required by the IRC governing the use of the development for low-income housing for at least 30 years.
However, the IRC provides that, in certain circumstances, such extended use period may be terminated early.

This development will be subject to the standard extended use agreement which permits early
termination (after the mandatory 15-year compliance period) of the extended use period.

This development will be subject to an extended use agreement in which the owner's right to any
early termination of the extended use provision is waived for 25 additional years after the 15-
year compliance period for a total of 40 years. Do not select if IX.B is checked below.

This development will be subject to an extended use agreement in which the owner's right to any
early termination of the extended use provision is waived for 35 additional years after the 15-
year compliance period for a total of 50 years. Do not select if IX.B is checked below.

B. Nonprofit/Local Housing Authority Purchase Option/Right of First Refusal

1. After the mandatory 15-year compliance period, a qualified nonprofit as identified in the
attached nonprofit questionnaire
questionnaire, or local housing authority will have the option to purchase
or the right of first refusal to acquire the development for a price not to exceed the outstanding
debt and exit taxes. Such debt must be limited to the original mortgage(s) unless any refinancing
is approved by the nonprofit. Do not select if extended compliance is selected in IX.A above.
Option or Right of First Refusal in Recordable Form Attached (TAB V)
Enter name of qualified nonprofit: Emmanuel House Inc.

2. A qualified nonprofit or local housing authority submits a homeownership plan committing to


sell the units in the development after the mandatory 15-year compliance period to tenants whose
incomes shall not exceed the applicable income limit at the time of their initial occupancy.
Do not select if extended compliance is selected in IX.A above.
Homeownership Plan Attached (TAB J)

v12.31.09 Page 24
Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
1. 68 0 9601 Jefferson Avenue, Newport New $0 0.00% 0 $0 0.00% 0 $8,299,697 03/31/12 100.00% 8,299,697
2. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
3. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
4. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
5. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
6. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
7. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
8. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
9. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
10. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
11. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
12. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
13. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
14
14. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
15. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
16. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $8,299,697

$0 $0 $8,299,697
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25
Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
17. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
18. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
19. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
20. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
21. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
22. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
23. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
24. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
25. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
26. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
27. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
28. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
29. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
30
30. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
31. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
32. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0

$0 $0 $0
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25 (2)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
33. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
34. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
35. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
36. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
37. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
38. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
39. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
40. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
41. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
42. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
43. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
44. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
45. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
46
46. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
47. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
48. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0

$0 $0 $0
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
49. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
50. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
51. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
52. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
53. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
54. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
55. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
56. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
57. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
58. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
59. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
60. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
61. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
62
62. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
63. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
64. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0

$0 $0 $0
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
65. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
66. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
67. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
68. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
69. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
70. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
71. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
72. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
73. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
74. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
75. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
76. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
77. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
78
78. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
79. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
80. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0

$0 $0 $0
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
81. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
82. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
83. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
84. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
85. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
86. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
87. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
88. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
89. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
90. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
91. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
92. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
93. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
94
94. $0 0 00%
0.00% 0 $0 0 00%
0.00% 0 $0 0 00%
0.00% 0
95. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
96. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0

$0 $0 $0
Qualified Basis Totals (must agree with VIII-A10)

Credit Amount Totals (must agree with VIII-A-12)

v12.31.09 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

D. Determination of Reservation Amount Needed

The following calculation of the amount of credits needed is substantially the same as the calculation which will be made by
VHDA to determine, as required by the IRC, the amount of credits which may be allocated for the development. However,
VHDA at all times retains the right to substitute such information and assumptions as are determined by VHDA to be reasonable
for the information and assumptions provided herein as to costs (including development fees, profits, etc.), sources for funding,
expected equity, etc. Accordingly, if the development is selected by VHDA for a reservation of credits, the amount of such
reservation may differ significantly from the amount you compute below.

1. Total Development Costs (from VIII-A5, Column A page 20) $8,795,451

2. Less Total Sources of Funds (from VIII-B7 page 22) $3,974,071

3. Equals Equity Gap $4,821,380

4. Divided by Net Equity Factor (VIII-C7 page 22) 64.99%


(Percent of 10-year credit expected to be raised as equity investment)

5. Equals Ten-Year Credit Amount Needed to Fund Gap $7,418,249

Divided by ten years 10

6. Equals Annual Tax Credit Required to Fund the Equity Gap $741,825

7. The Maximum
7 Th M i Allowable
All bl Credit
C dit Amount
A t $746,973
$746 973
(from VIII-A12-combined figure)

(This amount must be equal to or more than 6 above)

8. Reservation Amount (Lesser of 6 or 7 above)


Credit per Unit 10,909 Combined 30% & 70% PV Credit

Credit per Bedroom 8,430 $741,825


Comprised of

$0 and $741,825
30% PV Credit 70% PV Credit

(Based on same relative percentages as VIII-A12)

E. Attorney’s Opinion Goal Seek Function


Attached in Mandatory TAB W) If you incur the error message that your reservation amount is not equal
to the equity gap amount you may use the goal seek function within the Excel
spreadsheet to eliminate the error message. To use the “Goal Seek” function first
place the curser box on cell V28. Using the mouse arrow, point and click on
“Tools” on the top line and then click on the “Goal Seek” option. A box will
appear with the V28 cell shown in the top space, place the cursor in the middle
box and type in the new amount that you want the equity gap to be which should
be the reservation amount below, then place the cursor in the bottom space and at
the bottom of the page click on page 22. Then place the cursor on cell N15
(Deferred Developer Fee) and click on “OK”. A message should then appear that
a solution has been found and if the amount is correct click “OK”. If the amounts
are now equal the error message will disappear.

v12.31.09 Page 26
Low-Income Housing Tax Credit Application For Reservation

F. Statement of Owner

The undersigned hereby acknowledges the following:

1. that, to the best of its knowledge and belief, all factual information provided herein or in connection
herewith is true and correct, and all estimates are reasonable.

2. that it will at all times indemnify and hold harmless VHDA and its assigns against all losses, costs,
damages, VHDA's expenses, and liabilities of any nature directly or indirectly resulting from, arising out of,
or relating to VHDA's acceptance, consideration, approval, or disapproval of this reservation request and
the issuance or nonissuance of an allocation of credits, grants and/or loan funds in connection herewith.

3. that points will be assigned only for representations made herein for which satisfactory documentation is
submitted herewith and that no revised representations may be made in connection with this application
once the deadline for applications has passed.

4. that this application form, provided by VHDA to applicants for tax credits, including all sections herein
relative to basis, credit calculations, and determination of the amount of the credit necessary to make the
development financially feasible, is provided only for the convenience of VHDA in reviewing reservation
requests; that completion hereof in no way guarantees eligibility for the credits or ensures that the amount
of credits applied for has been computed in accordance with IRC requirements; and that any notations
herein describing IRC requirements are offered only as general guides and not as legal authority.

5. that the undersigned is responsible for ensuring that the proposed development will be comprised of
qualified low-income buildings and that it will in all respects satisfy all applicable requirements of federal
tax law and any other requirements imposed upon it by VHDA prior to allocation, should one be issued.

6. that, for the purposes of reviewing this application, VHDA is entitled to rely upon representations of the
undersigned as to the inclusion of costs in eligible basis and as to all of the figures and calculations relative
to the determination of qualified basis for the development as a whole and/or each building therein
individually as well as the amounts and types of credit applicable thereof, but that the issuance of a
reservation based on such representation in no way warrants their correctness or compliance with IRC
requirements.

7. that VHDA may request or require changes in the information submitted herewith, may substitute its own
figures which it deems reasonable for any or all figures provided herein by the undersigned and may reserve
credits, if any, in an amount significantly different from the amount requested.

8. that reservations of credits are not transferable without prior written approval by VHDA at its sole
discretion.

v12.31.09 Page 27
Low-Income Housing Tax Credit Application For Reservation

9. that the requirements for applying for the credits and the terms of any reservation or allocation
thereof are subject to change at any time by federal or state law, federal, state or VHDA
regulations, or other binding authority.

10. that reservations may be made subject to certain conditions to be satisfied prior to allocation
and shall in all cases be contingent upon the receipt of a nonrefundable application fee of
$750 and a nonrefundable reservation fee equal to 7% of the annual credit amount reserved.

11. that a true, exact, and complete copy of this application, including all the supporting
documentation enclosed herewith, has been provided to the tax attorney who has provided the
required attorney's opinion accompanying this submission, and

12. that the applicant has provided a complete list of all residential real estate developments in
which the general partner(s) has (have) or had a controlling ownership interest and, in the
case of those projects allocated credits under Section 42 of the IRC, complete information on
the status of compliance with Section 42 and an explanation of any noncompliance. The
applicant hereby authorizes the Housing Credit Agencies of states in which these projects are
located to share compliance information with the Authority.

13. that the information in this application may be disseminated to others for purposes of
verification or other purposes consistent with the Virginia Freedom of Information Act.
However, all information will be maintained, used or disseminated in accordance with the
Government Data Collection and Dissemination Practices Act. The applicant may refuse to
supply the information requested, however, such refusal will result in VHDA's inability to
process the application. The original or copy of this application may be retained by VHDA,
even if tax credits are not allocated to the applicant.

In Witness Whereof, the undersigned, being authorized, has caused this document to be executed in its
name on this ~ day of ~~ ,2010.

~~7al N~ e-e..aMmmanuel House Senior Residences 2010, L.P

Its: Board Member of Emmanuel House Senior Residences MMX, GP, its General Partner
(Title)

v12.31.09 Page 28
 

DIVIDER PAGE 
TAB A ‐ LOCATION MAP 
 
Location Map
A map showing the location of the subject property follows:

Location Map

Hampton

\ ':"

,
'>,

.fli
;y-

<?Q~
~

n yds 100 200 2ff.j 'lOQ 500


~'O s::"O IF;;1'938-~9't..:.roY~ ~~, ;mj.'Of' Iu.·~·.mi!!>, ..•••
"l r;:Ilm:;!I!"'..e-~ "h1:D:n..-"'NJ''l'''~O!t;:a'f''Jmee'~'

~~~=:=~:£~~~:;~r~~~~t~~~E~~:~~~:"~~~~~~~=~~~~;~'Her
~'l!!d._i~e""L~ .r,£!~T~e~~NeC; •••:::,~~,,~~~ <17~ "'~. tn=. c-XC~l:TJ' •.Iia)~'~k:S>.l~::Z ••V 1;tC~-e:I<
DIVIDER PAGE

TAB A - REVITALIZATION
1 TAB A - Revitalization Certification Emmanuel
2 TAB A - Revitalization Certification Emmanuel
DIVIDER PAGE

TAB A - TRANSPORTATION
1 TAB A - Surveyor Certification for Transportation
DIVIDER PAGE

TAB B - ORGANIZATIONAL CHART


1 TAB B - Emmanuel Sr. Residences Org. Chart
EMMANUEL HOU USE SENIORR RESIDENCES 
521 North
h Avenue, N
Newport New
ws, Virginia 2
23601 
ORGANIZATIONAL C
CHART 

Emmanuel Housee Senior 
Resid
dences 2010, L.P. ‐ A Virginia 
Limited Partnerrship

Emmanueel House Senior  Emman nuel House Senior 


Residences MMMX, General Partneer  Residences  MMX, Limited Parrtner 
‐ 0.001% Eq
quity in Limited  ‐ 99.999%
% Equity in Limited

Parttnership P
Partnership

Board MMembers of Generral 
100 Percent of G.P
P. Equity Owned 
Partner h
have no Ownership p or  Lim
mited Partner Equiity Owner To 
by Local Nonproffit ‐ Emmanuel 
n General or Limited 
Equity in Be Determined
House, Inc.
Partner

Rev. Howard E. Heard
303 Hope Court, Neewport News, 
VA 2360 02
(757) 344 1836

Rev. David Wood
25
525 Beech Ave., M
Macon, Georgia 
312044
(478) 745 2366

Rev. Tom H. Johnson, Jr.
14
44 Oak Avenue, Piine Mountain, 
Georgia 311822
(706) 663 2127

Mr. Thomas M
M. Phan
240 Danbury Lan
ne, Atlanta, 
Georgia 30
0327
(404) 323 5507

Mr. George Mirmelstein
13
3195 Warwick Blvd
d, Bldg 1, Suite 
F, Newport Newss, VA 23602
(757) 874 6767
 
DIVIDER PAGE

TAB B - EMMANUEL MMX CORPORATE DOCUMENTS


1 TAB B - Emmanuel MMX GP Corporate Documents
2 Emmanuel MMX GP Corporate Documents

STATE CORPORATION COMMISSION

. CRJ,climond',February 12, 2010

crliis is to certify tliat tlie certificate of incorporation of

Emmanuel House Senior Residences MMX Corporation

was tliis day issued and admitted to record in tliis office and tliat
tlie said corporation is authorized to transact its 6usiness su6ject
to a[C'Virginia laws appCica6fe to tlie corporation and its 6usiness.
Pffective date.' Pe6ruary12, 2010

State Corporation Commission


;Ittest.'
------.~~~n--------

CIS0368

Ii i ... ••.• ".,.,, , .. _ .. , .. , .• . __ . .. • .•. ~J __•.... ~. ~~ .. _


2 TAB B - Emmanuel MMX GP Corporate Documents

STATEMENT OF ORGANIZATIONAL ACTION


BY THE
INCORPORATOR
OF
EMMANUEL HOUSE SENIOR RESIDENCES MMX CORPORATION
(the "Corporation")
(Effective Date: February 12,2010)

The undersigned Incorporator of the Corporation executes this Statement of


Organizational Action for the Corporation pursuant to Section 13.1-623 of the Code of Virginia
(1950), as amended, and appoints the following persons as the Directors of the Corporation to
complete the incorporation:

Rev. Howard E. Heard


Rev. David Wood
Rev. Tom H. Johnson, Jr.
Mr. Thomas M. Phan
Mr. George Mermelstein

J o h nson-
Digitally signed by Johnson

~~~:~~JOhnSOn Kanady,
o=Kanady & Quinn, P.C~ QU,

Ka n a d \/
em;tJ!=jka.nady@kanadyquinn.

Date Signed: February 23, 2010 ~


com,c=US
0",.2010022',,0)'0)0-05'00'

Incorporator
3 TAB B - Emmanuel MMX GP Corporate Documents
4 TAB B - Emmanuel MMX GP Corporate Documents
5 TAB B - Emmanuel MMX GP Corporate Documents

ACCEPTANCE OF APPOINTMENT
AS A DIRECTOR
OF
EMMANUEL HOUSE SENIOR RESIDENCES MMX CORPORATION

I hereby accept appointment to the Board of Directors of Emmanuel House Senior


Residences MMX Corporation, as of the 12th day of February 2010.

Date: vet i 2 f LoI'O fuJ.fU-\.& ~


Thomas M. Pharr, Director
6 TAB B - Emmanuel MMX GP Corporate Documents

ACCEPT ANCE OF APPOINTMENT


AS A DIRECTOR
OF
EMMANUEL HOUSE SENIOR RESIDENCES MMX CORPORA TJON

I hereby accept appointment to the Board of Directors of Emmanuel House Senior


Residences MMX Corporation, as of the 12th day of February 2010.

L;;~,' !ffJJ
Rev. David Wood, Director
7 TAB B - Emmanuel MMX GP Corporate Documents

ACCEPTANCE OF APPOINTMENT
AS A DIRECTOR
OF
EMMANUEL HOUSE SENIOR RESIDENCES MMX CORPORATION

I hereby accept appointment to the Board of Directors of Emmanuel House Senior


Residences MMX Corporation, as of the 12th day of February 2010.

Date: 0"').. - \ z,..- '2.-0 1'1)


8 TAB B - Emmanuel MMX GP Corporate Documents
9 TAB B - Emmanuel MMX GP Corporate Documents
10 TAB B - Emmanuel MMX GP Corporate Documents

UNANIMOUS WRITTEN CONSENT

IN LIEU OF THE

FIRST MEETING OF THE BOARD OF DIRECTORS

OF

EMMANUEL HOUSE SENIOR RESIDENCES MMX CORPORATION

The undersigned, being all of the directors of Emmanuel House Senior Residences MMX
Corporation, a Virginia corporation (the "Corporation"), hereby consent, pursuant to Section 13.1-
623 of the Code of Virginia, as amended, to the adoption of the following resolutions in lieu of the
first meeting of the Board of Directors of the Corporation:

RESOLVED, that the Statement of Organizational Action of the Sole Incorporator of


the Corporation, dated February 12, 2010, and all actions of every nature shown to
have been heretofore taken or authorized by the said Sole Incorporator, be, and the
same are, hereby ratified, confirmed and approved in all respects, and such Statement
of Organizational Action shall be filed in the minute book of the Corporation; and
further,

RESOLVED, that the Bylaws presented to the Directors, are hereby, ratified,
confirmed and approved in all respects as and for the Bylaws of the Corporation and
the Secretary is directed to file them in the Corporate Minute Book; and further,

RESOLVED, that the Corporation shall issue noncertificated shares evidencing


ownership of the common stock of the corporation, in accordance with Section 13.1-
648 of the Code of Virginia (1950), as amended (hereinafter, the "Common Stock");

RESOLVED, that the offer of Emmanuel Housing, Inc. to purchase one hundred
(100) shares of Common Stock at a purchase price of $1.00 per share, which is
deemed to be fair and adequate consideration for such shares, be, and the same
hereby is accepted; and further,

RESOLVED, that upon receipt of payment from Emmanuel House, Inc. for the
shares of Common Stock referred to in the immediately preceding paragraph, the
proper officers of the Corporation be, and each of them hereby is, authorized,
empowered and directed to issue to Emmanuel House, Inc., in the name and on
behalf of the Corporation a written statement evidencing the issuance of such shares
without certificates, and such shares shall then be fully paid stock and not liable to
any further call, and the consideration for such shares shall be allocated to stated
11 TAB B - Emmanuel MMX GP Corporate Documents

capital; and further,

RESOL VED, that the following persons be, and each of them hereby is, elected to
the office or offices of the Corporation set forth opposite their respective names to
serve until the next Annual Meeting of the Board of Directors of the Corporation and
thereafter until their respective successors are duly elected and qualified or until their
earlier resignation or removal:

Rev. Howard E. Heard President

Rev. Thomas H. Johnson, Jr. Secretary

Thomas M. Phan Treasurer

RESOLVED, that the proper officers of the Corporation be, and each of them hereby
is, authorized and directed to procure appropriate corporate books and to pay all
charges and expenses incident to, necessary for or appropriate for the organization of
the corporation, and also to reimburse any person who has made disbursement
therefor; and further,

RESOLVED, that the proper officers of the Corporation are, and each of them hereby
is, authorized to establish a bank account or accounts in the name of the Corporation
with such banking institution or institutions as any such officers of the corporation
shall deem advisable for the expeditious handling of the Corporation's funds, and
copies of the resolutions required by any bank in connection with the opening of such
accounts shall be filed in the minute book with this Consent and may be certified by
the Secretary or any Assistant Secretary of the Corporation as having been adopted by
this Consent; and further,

RESOLVED, that the Corporation shall amortize its organizational expenses over a
period of sixty (60) months, in accordance with Section 248 of the Internal Revenue
Code of 1986, as amended; and further

RESOLVED, that the Corporation agrees to take such steps as are necessary for it to
become the General Partner in Emmanuel House Senior Residences 2010, L.P., a
Virginia limited partnership (the "Partnership") organized to construct, own and
operate a 68-unit multi-phase, mixed finance, mixed-use development for low and
moderate income elderly persons and families in Newport News, Virginia; and
further
12 TAB B - Emmanuel MMX GP Corporate Documents

RESOLVED, that the proper officers of the Corporation are, and each of them hereby
is, authorized, empowered and directed, in the name and on behalf of the Corpora-
tion. to take such additional action and to execute and deliver such additional
agreements, documents and instruments as any of them may deem necessary or
appropri ate to implement the provisions of the foregoing resolutions, the authority for
the taking of such action and the execution and delivery of such agreements,
documents and instruments to be conclusively evidenced thereby.

Date: 2/, ~/"2o 10 ~ O?,~.--O


ev. Howard Heard., Director

~~:-- 111 V
Date: ---1-_-'--- _
I -".
L-/ ~
) I ~£I7i7:{
f0'-"vfl \.
Rev. David Wood, Director

Date: rell2 I lcolO •... • I

Thomas M. Pharr, Director -

Date: O"l- - \ 7,..-- 2,c t '0 #id.~~ be. --1-


Rev. Tom H. Johnson/ Jr., Director

Date:
, ~-i~'-=
Mr. George Mirrriclstein, Director
1 TAB B - Emmanuel 2010 LP Corporate Documents

DIVIDER PAGE

TAB B - EMMANUEL 2010 CORPORATE DOCUMENTS


2 TAB B - Emmanuel 2010 LP Corporate Documents
3 TAB B - Emmanuel 2010 LP Corporate Documents
4 TAB B - Emmanuel 2010 LP Corporate Documents

AGREEMENT OF LIMITED PARTNERSHIP


OF
EMMANUEL HOUSE SENIOR RESIDENCES 2010, L.P.

THIS AGREEMENT OF LIMITED PARTNERSHIP OF EMMANUEL HOUSE


SENIOR RESIDENCES 2010, L.P. is made and entered into as of the 19th day of February
2010 by and between Emmanuel House Senior Residences MMX Corporation, a Virginia
corporation (the “General Partner”) and Rev. Howard E. Heard (the “Initial Limited Partner”).
NOW, THEREFORE, in consideration of good and valuable consideration, the receipt
and sufficiency of which is expressly acknowledged, the parties hereto agree as follows:
ARTICLE I
FORMATION OF PARTNERSHIP
1.1 Name. The name of the Partnership is “Emmanuel House Senior Residences
2010, L.P.”
1.2 Term. The Partnership shall continue in existence until terminated as hereinafter
provided or by operation of law.
1.3 Purpose. The Partnership is formed for the sole and exclusive purpose of
acquiring, owning and operating a multi-family real estate project in the City of Newport News,
Virginia, to be known as Emmanuel House Senior Residences (the “Property”), and in
connection therewith to do all things necessary or incidental to such purpose.
1.4 Powers. The Partnership is empowered to do and perform all acts
reasonably necessary to accomplish the purposes of the Partnership, and of such other
instruments and undertakings as may be necessary to enable the Partnership to secure the
benefits of the financing referenced above.
1.5 Organizational Documents. The Partnership’s Certificate of Limited Partnership
and this Limited Partnership Agreement constitute all of the organization documents of the
Partnership (the “Organizational Documents”).
ARTICLE II
PERCENTAGE INTERESTS AND CAPITAL CONTRIBUTIONS
2.1 Percentage Interests. Each Partner's percentage interest in the Partnership (the
“Percentage Interest”) is as follows:
5 TAB B - Emmanuel 2010 LP Corporate Documents
6 TAB B - Emmanuel 2010 LP Corporate Documents
7 TAB B - Emmanuel 2010 LP Corporate Documents
8 TAB B - Emmanuel 2010 LP Corporate Documents
9 TAB B - Emmanuel 2010 LP Corporate Documents
10 TAB B - Emmanuel 2010 LP Corporate Documents
11 TAB B - Emmanuel 2010 LP Corporate Documents
12 TAB B - Emmanuel 2010 LP Corporate Documents
DIVIDER PAGE

TAB C - SCC EMMANUEL MMX


1 TAB C - Emmanuel MMX GP SCC Certification
2 Emmanuel MMX GP Corporate Documents

STATE CORPORATION COMMISSION

. CRJ,climond',February 12, 2010

crliis is to certify tliat tlie certificate of incorporation of

Emmanuel House Senior Residences MMX Corporation

was tliis day issued and admitted to record in tliis office and tliat
tlie said corporation is authorized to transact its 6usiness su6ject
to a[C'Virginia laws appCica6fe to tlie corporation and its 6usiness.
Pffective date.' Pe6ruary12, 2010

State Corporation Commission


;Ittest.'
------.~~~n--------

CIS0368

Ii i ... ••.• ".,.,, , .. _ .. , .. , .• . __ . .. • .•. ~J __•.... ~. ~~ .. _


DIVIDER PAGE

TAB C - SCC EMMANUEL 2010 LP


DIVIDER PAGE

TAB D - PREVIOUS PARTICIPATION AND RESUMES


1 TAB D - Previous Participation and Resume All Principals

Previous Participation Certification

Development Nome: fmmanuel House Se"OIorREsider,eel


Nome of Applicant: Emmanue! House Senior REsidences 2010.L.P
Controlling General Portner: ~n1rnofluel House Senior REsidences MMX. GP

INSTRUCTIONS:
Thiscertification must be signed by an individual who is,or isauthorized to act on beh'Jlf of the Controlling General
Partner (if LP)or Managing Member (if LLC)of the Applicant, as designated in the Apr::lication. VHDAwill accept an
authorization document. which gives signatory authorization to sign on behalf of the pincipals.

2 Attach a resume for each principat of the general partnership (GP) or limited liability compony (LLC)and an
organization chart for the limited partnership (LP)and LLC.
3 A Schedule A is required for each principal of the GP.
4 Foreach property listed as "non-compliance found:' please attach a detailed explonotion of the nature of the non-
compliance. stating whether or not it has been resolved.
5 The dote of this certification must be no more than 30 days prio: to submission of the Applicalion.

DEFINITIONS:
For the purpose of this Certification. the following definitions sholl apply:
Development sholl mean the proposed multifamily rental housing development identified obove.

Participants sholl mean the principals who will participate in the ownership of the development.

Principal sholl mean any person (including any individual. joint venture. partnership. limiteclliability company.
corporation, nonprofit organization, trust. or any other public or private entity) that (i) with 'espect to the proposed
development. will own or participate in the ownership of the proposed development or (ii; with respect to an existing
multifamily rental project. has owned or participated in the ownership of such project. all CIS more fully described
hereinbelow. The person who is the owner of the proposed development or multifamity rental project is considered a
principal. In determining whether any other person is a principal. the following guidelines ihall govern:

I. In the case of a partnership which is a principal (whether as the owner or otherwise). :JIIgeneral partners are also
considered principals. regardless of the percentage interest of the general partner:

2. In the case of a public or private corporation or organization or governmental entity that is a principal (whether as
the owner or otherwise). principals also include the president. vice president. secreta V. and treasurer and other
officers who are directly responsible to the board of directors or any equivalent gove-ning body. as well as all
directors or other members of the governing body and any stockholder having a 25'7<, or more interest;

3. In the case of a limited liability company (LLC)that is a principal (whether as the owrer or otherwise). all members
are also considered principals. regardless of the percentage interest of the member;

4. In the case of a trust that is a principal (whether as the owner or otherwise), all persons having a 25%or more
beneficial ownership interest in the assetsof such trust;

5. In the case of any other person that is a principal (whether as the owner or otherwise). all persons having a 25% or
more ownership interest in such other person are also considered principals: and

6. Any person that directly or indirectly controls. or has the power to control. a principal sholl also be considered a
principal.
2 TAB D - Previous Participation and Resume All Principals

CERTIFICATIONS:
I hereby certify that all the statements made by me are true. complete and correct to the test of my knowledge ond
belief and are made in good faith. including the data contained in Schedule A and any stoternents attached to this

I. I further cerlify that for the period beginning 10 years prior to the dote of this Certificafon:

a. During any time that any of the participants were principals in any multifamily rental p oject. no project has been
foreclosed upon. no mortgage has been in default. assigned to the mortgage insurer governmental or private). nor
has mortgage relief by the mortgagee been given:

b. During any time that any of the participants were principals in any multifamily rental o-oject. there has not been any
breach by the owner of any agreements relating to the construction or rehabilitation. use. operation. management
or disposition of the project:

c. To the best of my knowledge. there are no unresolved findings raised as a result of state or federal audits.
management reviews or other governmental investigations concerning any multifamily rental project in which any
of the participants were principals:

d. During any time that any of the participants were principals in any multifamily rentol project. there has not been a
suspensionor termination of payments under any state or federal assistance contract for the project;

e. None of the participants has been convicted of a felony and is not presently. to my k"1owledge. the subjecl of a
complaint or indictment charging a felony. A felony is defined as any offense punishoble by imprisonment for a
term exceeding one year. but does not include any offense classified as a misdemecnor under the laws of a state
and punishable by imprisonment of two years or less:

f. None of the participants has been suspended. debarred or otherwise restricted by onv federal or state
governmentat entity from doing businesswith such governmental entity: and

g. None of the participants has defaulted on on obligation covered by a surety or performance bond and has not
been the subject of a claim under on emptoyee fidelity bond.

2. I further certify Ihat none of the participants is a Virginia Housing Development Authoritv (VHDA)employee or a
member of the immediate household of any of its employees.

3. I further certify that none of the participants is participating in the ownership of a multifamily rental housing project
as of this date on which construction has stopped for a period in excess of 20 days or (in the case of a multifamily
rental housing project assisted by any federal or state governmental entity) which nos been substantially completed
for more than 90 days but for which requisite documents for closing. such as the fina cost certification. have not
been filed with such governmental entity.

4. I further certify thai none of the participants has been found by any federal or state ;Jovernmental entity or court to
be in noncompliance with any applicable civil rights. equal employment opportunity or fair housing lows or
regulations.

5. I further certify that none of the participants was a principal in any multifamily rental project which has been found
by any federal or state governmental entity or court to have failed to comply with S·;ction 42 of Ihe Internal
Revenue Code of J 986. as amended. during the period of time in which the porticipont was a principal in such

6. Statements above (if any) to which I cannot certify have been deleted by striking trrougti the words. In the case of
any such deletion. J have attached a true and accurate statement to explain the rerevont focts and circumstances.

WARNING: IF THIS CERTIFICAT!ON CCn-JT;\INS ANY .vISRU-;Rf~El'J! ;\TIO:'~ OF ..\ ~AAER!/"L i J.C! THE AUrhCR!~ ';' Iv'/,! RUt~~'
THEAPPLICATIONFOR LOW-INCOME HOUS:~~CT;\X CPi:DI'~ /dD MAY PR<JHiB;[THESL.!3f.\i~;Si():'i :W THEM'PLlCAi·n 0,
/,PPL!CATIONS FORSUCHC EDiTSI~,THEFU1Uf2i.

~O~<t~ ~\~\rtCl~~
Signature Printed Name

__ ---'3=..W...,co""'- (dote must br. no more thrin 30 rlOYI prior to submission of IhE; Aopticotiool
Date
3 TAB D - Previous Participation and Resume All Principals

Schedule A: Listof All Tax Credit Developments for Each Principal to this Certification
Complele the following. using separate pagers) os needed. for each principal. List all developme lt, that have
received allocations of tax credits under Section 42 of the IRe.

George Mirmelstein Controlling G_P.at Proposed Project? _N _


Yor N
Principol's Name:

Controlling Non-
General folol fatal Law compliance
Nome of Ownership Entity Palfner'2 oe-. incoo-e Placed in 8609{s: Issue round? Y/N
Development Nome/Location ond Phone i.Jurnber (Y/N) IJni~s Un-ts Sp.(vlceDelle Oote (ExplOlnYes)
Lebanon Village II Lebanon II Lirnilcd N ?~ ;4 0110 I 11993
Surry. Virginia Parlnership (757)-87 -1-6767 04/l9/1993 N

2 Poplar Ridge Apartment, Madison Limiled N 't.- I ~J 09i2f!?OO4


Madison. Virginia Partnership (757) ·874-6767
0'!11i1995 N
3 Lynnhill Commons II Second Lynnhill I imiled N 24 24
Suffolk. Virginia Partnership (757)-874-6767 05/~2!1998 10/01/1998 N
4 Farrar Square Farrar Square Limited N 24 24
Keysville. Virginia Partnership
(757)-874-6767 06!( 1/1999 I 1/22/'999 Y (correcled)
5 Chestnut Square Chestnut Square Limited N 40 40
Newport news. Virginia Partnership (757)-
874-6767 12/9<;;-0I /200 07/10/2000 N
6 King Sfreet Commons King Street Commons N 184 184
Hamplon. Virginia Limited Partnership
(757)-874-6767 I 1/93 - 12/99 05/26/2000 N

Ashlond Woods Phose I Hanover Ashland Limited N 75 75


Ashland, Virginia Partnership
(757)-874-6767 ~2/'): / 1999 08/01/2000 N

8 Audubon Village Audubon Villoge Limited N ;6t; 160


Richmond. Virginia Parlnership
(757)-874-6767 02/0 i -04/0 I 09 j! 7/2001 Y (corrected)
9 Delmont Village Richmond. Delmont Village Associates N 94 94
Virginia Limiled Partnership
(757)-874-6767
12f)1/2006 12129/2006 N
10 Landmark Aparlmenls Landmark Limited N 120 120
Chesapeake. Virginia Partnership
(757)-874-6767 04/B, & 05/8' 05/01/1989 N
II Landmark Apartments Landmark Limiled Y 120 120
Chesapeake, Virginia Partnership
(757) -8746/67 05,01/2007 09/11/2007 N
12 Lynnhill Commons I Lynnhill Limited Porlnership N 24 24
Suffolk. Virginia (757)-874-6767
10,02/1996 01/28/1997 N
13 Virginia Village Apartments Vie lory Village Limiled N '
I.
l~
L 112
Portsmouth. Virginia Porlnership
(757) -874-6767 12IS 7 & a I /98 07/22(1998 N
14 Jarrall Villiage Jarratt Limited Partnership N 24 24
Jorrott. Virginia (757)-874-6767
01 '03/1992 03/ I :1: 1992 N
15 Carriage Run Apartments Carriage Run Limiled N 40 40
Emporia, Virginio Partnership
(757)-874-6767 04 '10/1992 06/01/1992 N
16 Victoria Place Vieloria Limited N 39 39
victorio. Virginia Partnership
(757)-874-6767 06'30/1992 08/31/1992 N
4 TAB D - Previous Participation and Resume All Principals

Brunswick Commons N :14 24


17 Brunswick Commons
Lawrenceville. Virginia Limited Partnership
(757)-874-6767 07/31/1992 09!l5/i 992 N

Autumnwood Limited N 40 40
18 Autumnwood Heigl1ts
Keysville. Virginia Partnership
(757)-874-6767 01/93 s 02/9 04/191'993 N

19 Washington Square Washington Square N 24 24


Apartments Limited Partnership
Emporio. Virginia (757)-874-6767 06/0 12001 11/06/2001 Y (corrected)

20 Ivy Farms Aportments Adams Limited N 168 168


(Rahab) Partnership
Newport News. Virginia (757)-874-6767 02/01/2002 07/1712002 Y (corrected)
21 Ashlond Woods Phase II Second Hanover Ashlond N 75 75
Ashlond. Virginia Limited Portnership
(757)-874-6767

10101/200 I 03113/2002 ~j

22 Riverview Apartments RV Limited Portnership N 88 88


Colonial Heigt1ts. Virginia (757)-87~6767 I 1/0112002 05170/2003 N
23 Audubon Village II Second Audubon viuooo N 5'1 ."4
Henrico County. Virginia Limited Partnersl1ip
(757)8746767 05/CI/700/ 11/19i2002 Y (corrected!
Washington Square elderly Washington Hdertv Limited N 40 4;;
Apts Emporia. Partnership
Virginia (757)-874-6767 OI/C 112003 0:'/1512003 N

25 Hilltop South Apartments Limited Partnership N 85 85


Virginia Beach. Virginio (757)-874-6767 I 1/~3!2003 06/01/2004 Y (corrected)
26 Seven Oaks Apartment SO Limited Partnership N 202 202
Newport News. Virginia (757)-874-6767 12/C 1/2005 05/05(2006 Y (corrected!
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
lIH1C as '70 of
istPAGETOTAL: 1.920 1.920 100% Total Units
5 TAB D - Previous Participation and Resume All Principals

GEORGE A. MIRMELSTEIN
ST ATEMENT OF EXPERIENCE

George A. Minnelstein is the President of Beacon Construction Company.


Mr. Mirmelstein has been with Beacon since 1981. From 1981-1984, Mr.
Mirmelstein was a senior job superintendent for various multi-family housing and
office construction projects. In 1984, he was promoted to General
Superintendent, responsible for oversight of all ongoing construction projects. On
June I, 1985, Mr. Minnelstein became Vice President in Charge of Construction.
He was responsible for job estimating and control, as wel1 as construction
management. Prior to joining the companies in 1981, Mr. Minnelstein had his
own carpentry firm (Bilbo-Minnelstein, Inc.) that specialized in single and multi-
family, as wel1 as commercial construction. In March of 200 I, Mr. Minnelstein
became President of Beacon Construction Company. Mr. Minnelstein has a B.S.
Degree in Business Administration from Old Dominion University. He has also
beena member of the VHDA Multi-Family Advisory Board since 2004.

Beacon Construction Company of Newport News, Virginia was formed in


1967 by Marvin 1. Mazur, and has since been responsible for the development and
construction of over $230 million worth of multi-family housing and commercial
structures. Beacon expertise is in the area of residential, office, and commercial
development and construction. The development concept adhered to by Mr.
Minnelstein and Beacon Construction Company is one of teamwork and is
centered on a philosophical commitment to the complete and thorough
development of a project.

Mr. Mirmelstein has extensive experience with State and Federal multi-
family housing programs. He has used a combination of these programs, banks,
Federal tax credits, local government incentives and state funding. to be able to
provide affordable housing units without deep Federal or State subsidized rents.

In order to ensure the finest developments possible, Beacon Construction


Company collaborates with various professional firms for architectural and
engineering work, including Kroskin Design Group, P.c. for architectural design
work and construction inspections; Hoggard-Eure Associates for engineering; and
Herbert & Associates for soils studies.
6 TAB D - Previous Participation and Resume All Principals

Mirmelstein Projects Page 1

GEORGE A. MIRMELSTEIN
Project Experience
Construction Period

Project # of Lnits Location Start Finish

Jewish Community Center 100,000 Sq. Ft. Newport News, Va. Oct, 1979 Various

Jersey Park Apartments 80 Smithfield, Va. Oct, 1980 Aug. 1981

Steven Woods Apartments 60 Courtland, Va. Oct, 1981 Apr,1982

Steven Woods II 24 Courtland, Va. May, 1985 Sep, 1985

Steven Woods III 36 Courtland, Va. Feb,1988 Ju1, 1988

Nansemond Square Apartments 128 Suffolk, Va. luL 1982 Aug. 1983

Bertie S. Davis Apartments (Elderly) 60 Suffolk, Va. Feb. 1983 Sep, 1983

Central Park Professional Center 15.000 Sq. Ft. Newport News, Va. Mar. 1983 Dec, 1983

Woods Edge Apartments 60 Smithfield, Va. Aug. 1983 Feb,1984

Seabreeze Apartments 28 Cape Charles, Va. Aug, 1983 Oct, 1984

North Jefferson Square Apts, 100 Newport News. Va. Sep, 1983 Dec. 1984

Homer Apartments 80 Suffolk, Va. Oct, 1983 Dec, 1984

Tall Pines Apartments 104 Newport News. Va. Oct, 1983 Oct. 1984

Surry Village Apartments 48 Surry. Va. May, 1984 Dee, 1984

Surry Village II 24 Surry, Va. May. 1989 Oct, 1989

Surry Village III 8 Surry, Va. Aug, 1992 Dee, 1992

Pine Street Apartments 48 Wakefield, Va. May. 1984 Dee, 1984

Pine Street Village II 16 Wakefield, Va. Mar. 1988 Jul, 1988

Brookside Square Apartments 32 Boykins, Va. May, 1985 Oct, 1985

Woodlake Village Apartments 190 Chesterfield, Va. Nov, 1985 Sep,1987

Suffolk Tower Apts .. Renovation 9 Suffolk, Va. Dee, 1985 Apr, 1986

Queen Anne's Court 15 Isle of Wright, Va. May,1986 Nov, 1989


Queen Anne's Court Phase II 45 Isle of Wright, Va. Oct, 1991 Aug. 1994
(Townhomes for sale)

Reese Village Apartments 40 Emporia, Va. JuL 1986 Jan, 1987

Windsor Court Apartments 40 Windsor, Va. Aug, 1986 May, 1987

Windsor Court II 24 Windsor, Va. ApT. 1990 Sep,1990

Page 1 Beacon Project Listing


7 TAB D - Previous Participation and Resume All Principals

MirrneisteinProjects Page 2

GEORGE A. ~nRMELSTEIN
Project Experience
Construction Period

Project # of Units Location Start Finish

Onancock Apartments 40 Onancock, Va. Feb,1987 OCl, 1987

Burnt Ordinary Apartments 40 Toano, Va. Mar, 1987 Nov, 1987

Burnt Ordinary Apartments II 40 Toano. Va, Jan. 1989 Oct. 1989

Burnt Ordinary Village (Elderly) 22 Toano, Va. Sep, 1990 Mar. 1991

Franklin South Apartments 31 Franklin, Va. Jun. 1987 Nov, 1987

Waverly Village 40 Waverly. Va. Feb. 1988 Aug, 1988

Waverly (Elderly) 24 Waverly. Va. Feb,1991 Jul,1991

Cricket Hill Apartments 30 Mathews, Va. Sep, 1988 Jul, 1989

Landmark Apartments 120 Chesapeake, Va. Oct. 1988 Jun, 1989

Lebanon Village (Elderly) 24 Surry. Va. Feb. 1989 Oct. 1989

Lebanon Village II (Elderly) 24 Surry, Va. Aug, 1992 Feb, 1993

King William Village (Elderly) 32 West Point, Va. Feb,1989 Dee, 1989

Chuckatuck Square Apartments 42 Suffolk, Va. Jul, 1989 Feb,1990

Rivanna Terrace 48 Charlottesville, Va. Nov. 1989 Aug, 1990

Forest Pine Apartments 40 Franklin. Va. Mar. 1990 Nov, 1990

Forest Pine Apartments, Phase IV 40 Franklin. Va. Oct, 1993 Sep, 1994

Newport Village 48 Franklin. Va. ApT. 1990 Xov, 1990

• Hunter's Park (Elderly) 40 Tarboro, N.C. Aug. 1990 Apr. 1991

Indian Creek Apartments 20 Kilmamock. Va. Sep. 1990 Apr, 1991

Amherst Village (Elderly) 48 Amherst. Va. Jun, 1991 Jan, 1992

Jarratt Village 24 Jarratt, Va. Jul,I991 Jan, 1992

Jarratt Village II 20 Jarratt, Va. Mar. 1994 Nov. 1994

Carriage Run Apartments (Elderly) 40 Emporia. Va. Sep,1991 Apr, 1992

Sign Post Estates 36 Charles City County. Va. Oct, 1991 May. 1992

Victoria Place (Elderly) 39 Victoria. Va. Nov, 1991 Jun, 1992

Brunswick Apartments (Elderly) 24 Lawrenceville, Va. Dec. 1991 Jul. 1992

Autumn Apartments (Elderly) 40 Keysville. Va. Aug. 1992 Feb,I993


Accessible Apartments of Newport News
(Section 202) 30 Newport News. Va. Oct, 1992 May. 1993

Covenant Place (Section 202) 40 Smithfield. Va. Nov. 1992 Aug, 1993

Page 2 Beacon Project Listing


8 TAB D - Previous Participation and Resume All Principals

Mirmelstein Projects Page 3

GEORGE A. MIRMELSTEIN
Project Experience
Construction Period

Project # of Units Location Start Finish

Campostella Corrunons 132 Chesapeake. Va. May, 1993 Dee, 1993


Ashton Green (Single Family Homes) 42 houses Newport News, Va. Jun. 1993 Feb,1996

Cross Creek Apartments 19 South Hill. Va. Sep, 1993 Jun. 1994

Popular Ridge Apartments 16 Madison. Va. Dee, 1993 Sep. 1994

Forest Crescent (Single Family Homes) 5 houses Smithfield, Va. May, 1994 Oct. 1995

Holly Court Apartments (Elderly) 40 Kilmarnock, Va. Sep, 1994 Jul. 1995

Armetta M. Lane Apartments 40 Norfolk, Va. Sep, 1994 Jun, 1995

* Woodlake Apartments 266 Durham. N.C. Dec. 1994 Jul. 1996

Belleville Meadows (Rehab.) 122 Suffolk, Va. Feb. 1995 Jan, 1996

* Bradford Place 64 Fuquay-Vanna, x.c. Jan. 1996 Dee, 1996

Lynnhill Commons

Phase I 24 Suffolk, Va. May. 1996 Oct. 1996

Phase Jl 24 Suffolk, Va. Nov. 1997 Mar, 1998

* North Forest Apartments 72 Asheboro. N.c. Oct, 1996 Nov. 1997

Victory Village Apartments 112 Portsmouth, Va. NOY,1996 Jan,1998

Wellesley Commons (Elderly) 40 Newport News, Va. Dee, 1996 Dec. 1997

The Meadows (Elderly) 33 Colonial Beach. Va. Jan. 1997 Nov. 1997

Sea breeze Apartments (rehab.) 28 Cape Charles. Va. Dec. 1997 Aug. 1998

Deep Creek Village 62 houses Portsmouth. Va. Jan, 1998 Sept. 2000

South Hampton Roads Apts. 25 Norfolk, Va. Apr. 1998 Feb, 1999

Winters Point 27 West Point, Va. Jul. 1998 May. 1999

King Street Commons (rehab.) 184 Hampton. Va. Jul,1998 Mar. 2000

Reedville Manor 26 Northumberland Cty, Va. Oct, 1998 Oct,J999

Farrar Square 24 Keysville, Va. Oct. 1998 Jun,1999

Chestnut Square Apartments 40 Newport News, Va. Dee, 1998 Mar, 2000

Ashland Woods Apartments

Phase I 75 Ashland, Va. Jan, 1999 May. 2000

Phase II 75 Ashland, Va, Aug. 2000 Oct,2001

Page 3 Beacon Project Listing


9 TAB D - Previous Participation and Resume All Principals

Mirmelstein Projects Page 4

GEORGE A. MIRMELSTEIN
Project Experience
Construction Period

Project # of Units Location Start Finish

Audubon Village Apartments

Phase I 160 Richmond, Va. Aug, 1999 June, 2001

Phase II 54 Richmond, Va. July, 2001 May, 2002

Ivy Farms Apartment (rehab.) 168 Newport News, Va. Aug. 2000 Feb ..2002

Ashland Gardens 60 Ashland, Va. Apr, 2001 May, 2002

Daffodil Gardens 64 Gloucester, Va. Aug. 2000 l'\ov,2001

Washington Square 24 Emporia, Va. Aug. 2000 Sept.,200)

Riverview Apartments 88 Colonial Heights. Va. June. 2000 Jan. 2003

*Washington Square Elderly 40 Emporia. Va. April,2002 May. 2003

Hilltop South Apartments 85 Virginia Beach. Va. Dec. 2002 Dec. 2003

Seven Oaks 202 Newport News, Va, Feb. 2004 Dec. 2005

Ebbetts Plaza 90 Virginia Beach. Va. Jan. 2004 May, 2005

Delmont Village 94 Richmond, Va Jan. 2005 Dee, 2006

Fieldcrest Apartment 27 Richmond, Va Oct. 2005 Dec. 2006

Landmark Two Apartmants 120 Chesapeake, Va. Jan. 2006 Jul. 2007

Page 4 Beacon Project Listing


10 TAB D - Previous Participation and Resume All Principals

Previous Participation Certification

Development Name: Emmanuel House Senior Residences


Name of Applicant: Emmanuel House Senior Residences 2010,L.P
Controlling General Partner: Emmanuel House Senior Residences MMX, GP

INSTRUCTIONS:
Thiscertification must be signed by an individual who is, or is authorized to act on behalf of the Controlling General
Partner (if LP)or Managing Member (if LLC) of the Applicant, as designated in the Application. VHDA will accept an
authorization document, which gives signatory authorization to sign on behalf of the principals.

2 Attach a resume for each principal of the general partnership (GP) or limited liability company (LLC) and an
organization chart for the limited partnership (LP)and LLC.
3 A Schedule A is required for each principal of the GP.
4 For each property listed as "non-compliance found," please attach a detailed explanation of the nature of the non-
compliance, stating whether or not it has been resolved.
5 The date of this certification must be no more than 30 days prior to submission of the Application.
Failure to disclose information about properties which have been found to be out of compliance or any material mis-
representations are grounds for rejection of an application and prohibition against future applications.

DEFINITIONS:
For the purpose of this Certification, the following definitions shall apply:
Development shall mean the proposed multifamily rental housing development identified above.

Participants shall mean the principals who will participate in the ownership of the development.

Principal shall mean any person (including any individual, joint venture, portnership. limited liability company,
corporation, nonprofit organization, trust, or any other public or private entity) that (i) with respect to the proposed
development, will own or participate in the ownership of the proposed development or (ii) with respect to an existing
multifamily rental project, has owned or participated in the ownership of such project, all as more fully described
hereinbelow. The person who is the owner of the proposed development or multifamily rental project is considered a
principal. In determining whether any other person is a principal, the following guidelines shall govern:

1. In the case of a partnership which is a principal (whether as the owner or otherwise), all general partners are also
considered principals, regardless of the percentage interest of the general partner;

2. In the case of a public or private corporation or organization or governmental entity that is a principal (whether as
the owner or otherwise), principals also include the president, vice president, secretary, and treasurer and other
officers who are directly responsible to the board of directors or any equivalent governing body, as well as all
directors or other members of the governing body and any stockholder having a 25% or more interest;

3. In the case of a limited liability company (LLC)that is a principal (whether as the owner or otherwise), all members
are also considered principols. regardless of the percentage interest of the member;

4. In the case of a trust that is a principal (whether as the owner or otherwise), all persons having a 25%or more
beneficial ownership interest in the assetsof such trust;

5. In the case of any other person that is a principal (whether as the owner or otherwise), all persons having a 25%or
more ownership interest in such other person are also considered principals; and

6. Any person that directly or indirectly controls, or has the power to control, a principal shall also be considered a
principal.
11 TAB D - Previous Participation and Resume All Principals

CERTIFICATIONS:
I hereby certify that all the statements made by me are true, complete and correct to the best of my knowledge and
belief and are made in good faith, including the data contained in Schedule A and any statements attached to this

1. I further certify that for the period beginning 10years prior to the date of this Certification:

a. During any time that any of the participants were principals in any multifamily rental project, no project has been
foreclosed upon, no mortgage has been in default. assigned to the mortgage insurer (govemmental or private), nor
has mortgage relief by the mortgagee been given;

b. During any time that any of the participants were principals in any multifamily rental project, there has not been any
breach by the owner of any agreements relating to the construction or rehabilitation, use, operation, management
or disposition of the project;

c. To the best of my knowledge, there are no unresolved findings raised as a result of state or federal audits,
management reviews or other governmental investigations concerning any multifamily rental project in which any
of the participants were principals;

d. During any time that any of the participants were principals in any multifamily rental project, there has not been a
suspension or termination of payments under any state or federal assistance contract for the project;

e. None of the participants has been convicted of a felony and is not presently, to my knowledge, the subject of a
complaint or indictment Charging a felony. A felony is defined as any offense punishable by imprisonment for a
term exceeding one year, but does not include any offense classified as a misdemeanor under the laws of a state
and punishable by imprisonment of two years or less;

f. None of the participants has been suspended, debarred or otherwise restricted by any federal or state
governmental entity from doing business with such governmental entity; and

g. None of the participants has defaulted on an obligation covered by a surety or performance bond and has not
been the subject of a claim under an employee fidelity bond.

2. I further certify that none of the participants is a Virginia Housing Development Authority (YHDA) employee or a
member of the immediate household of any of its employees.

3. I further certify that none of the participants is participating in the ownership of a multifamily rental housing project
as of this date on which construction has stopped for a period in excess of 20 days or (in the case of a multifamily
rental housing project assisted by any federal or state governmental entity) which has been substantially completed
for more than 90 days but for which requisite documents for closing, such as the final cost certification, have not
been filed with such governmental entity.

4. I further certify that none of the participants has been found by any federal or state governmental entity or court to
be in noncompliance with any applicable civil rights, equal employment opportunity or fair housing laws or
regulations.

5. I further certify that none of the participants was a principal in any multifamily rental project which has been found
by any federal or state governmental entity or court to have failed to comply with Section 42 of the Internal
Revenue Code of 1986,as amended, during the period of time in which the participant was a principal in such

6. Statements above (if any) to which I cannot certify have been deleted by striking through the words. In the case of
any such deletion, I have attached a true and accurate statement to explain the relevant facts and circumstances.

WARNING: IF THISCERTIFICATIONCONTAINSANY MISREPRESENTATION


OF A MATERIALFACT,THEAUTHORITYMAY REJECT
THEAPPLICATIONFOR LOW-INCOME HOUSING TAX CREDITSAND MAY PROHIBITTHESUBMISSIONBY THEAPPLICANTOF
APPLI ATI NSFORSUCHCREDI IN THEFUTURE.. 1
\H()1I~ ~M-~
Printed Name
r.turr:n
_~"""""=>,->_--,~~-"--,~I-j~f--=20,-,,,,~I-=O~
(date must be no more than 30 days prior to submission of the Application)
Date I
Schedule A: List of All Tax Credit Developments for Each Principal to this Certification
12 TAB D - Previous Participation and Resume All Principals

Complete the following, using separate pape(s) as needed, for each principal. Listall developments that have
received allocations of tax credits under Section 42 of the IRe. (

Principal's
lJ-ho l1H
Name:
.p H-A-N Controlling G. P. of Proposed Project? -r-r-r-r-r-r--r-r
y/or N

Controlling Non-
General Total Total Low compliance
Name of Ownership Entity Partner? Dev. Income Placed in 8609(s) Issue Found? Y/N
Development Name/Location and Phone Number (Y/N) Units Units Service Date Date (Explain Yes)
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
41
42
43
44
45
LlHIL: as 7'0 or
1st PAGE TOTAL: o o #DIV{O! Total Units
13 TAB D - Previous Participation and Resume All Principals

Thomas M. Phan, CPA

240 Danbury lane, Atlanta, GA 30327

Thomas.phan@comcast.net

(404) 323 5507

Thomas M. Phan, CPA, has had over seventeen years of Accounting experience in Canada and USA and
over thirteen years of experience in real estate, including development, underwriting, asset
management and construction management.

Work Experience

January 2006 to Current: CFO, Southland Community Development Corporation, a non-profit housing
organization affiliated with Macon Urban Ministries, Inc. In charge of all financial reporting, assist in
operation and development of projects in Georgia, North Carolina and Virginia. The projects are mix-
finance, mix-use, and mix-income.

March 2002 to September 2005: Senior Tax Credit Underwriter, Georgia Department of Community
Affairs, Atlanta, Georgia. Underwrite low Income Housing Tax Credit (LlHTC) applications, assist in
development and annual reviews of Qualified Allocation Plan, policies and procedures for Tax Credit
Department.

February 1998 to February 2002: Director of Development for Columbia Residential, a Real Estate
Developer of low Income Housing Tax Credit properties. Manage the development and construction
processes for a real estate portfolio of over 1,200 LlHTC units totaling over $100 million, located in
Georgia, Texas, and Virginia.

1992 to 1999: Controller, Westinghouse Property Development Company, an affiliated company of


Westinghouse Electric. In charge of all accounting reporting. Participate in physical assessment,
renovation, and liquidation of a real estate portfolio of over $90 million.

1987 to 1992: Controller, Gibraltar Land, an affiliated company of H.J. Russell Group. In charge of all
financial repporting.

1982 to 1987: Accountant for Heery International, an Engineering firm in Atlanta, Georgia.

1974 to 1982: Accountant for The SNC Group, and Engineering firm in Montreal, Canada.

Education and Professional Certification

Bachelor of Business Administration University of Montreal

Bachelor of Business Administration Georgia State University

Certified Public Accountant, State of Georgia, License # 018479


14 TAB D - Previous Participation and Resume All Principals

Previous Participation Certification

A/fo.-dahlelfr.u.mrgS:ar'..!IIr:T!.'; Development Name: .=E:c:p.c.p=-s


S:..::e:,:.n:.;.::io;,:..r
.:.;.Re"'s:.;.::id:.:;e:.:.;n""ce"'s'-- _
Name of Applicant: Epps Senior Residences 2010, L.P
Controlling General Partner: Epps Senior Residences MMX, GP

INSTRUCTIONS:
Thiscertification must be signed by an individual who is, or is authorized to act on behalf of the Controlling General
Partner (if LP)or Managing Member (if LLC) of the Applicant, as designated in the Application, VHDA will accept an
authorization document, which gives signatory authorization to sign on behalf of the principals,

2 Attach a resume for each principal of the general partnership (GP) or limited liability company (LLC) and an
organization chart for the limited partnership (LP)and LLC,
3 A Schedule A is required for each principal of the GP,
4 For each property listed as "non-compliance found," please attach a detailed explanation of the nature of the non-
compliance, stating whether or not it has been resolved.
5 The date of this certification must be no more than 30 days prior to submission of the Application.
Failure to disclose information about properties which have been found to be out of compliance or any material mis-
representations are grounds for rejection of an application and prohibition against future applications,

DEFINITIONS:
For the purpose of this Certification, the following definitions shall apply:
Development shall mean the proposed multifamily rental housing development identified above.

Participants shall mean the principals who will participate in the ownership of the development.

Principal shall mean any person (including any individual, joint venture, partnership, limited liability company,
corporation, nonprofit organization, trust, or any other public or private entity) that (i) with respect to the proposed
development, will own or participate in the ownership of the proposed development or (ii) with respect to an existing
multifamily rental project, has owned or participated in the ownership of such project, all as more fully described
hereinbelow. The person who is the owner of the proposed development or multifamily rental project is considered a
principal. In determining whether any other person is a principal, the following guidelines shall govern:

1. In the case of a partnership which is a principal (whether as the owner or otherwise), all general partners are also
considered principals, regardless of the percentage interest of the general partner;

2. In the case of a public or private corporation or organization or governmental entity that is a principal (whether as
the owner or otherwise), principals also include the president, vice president, secretary, and treasurer and other
officers who are directly responsible to the board of directors or any equivalent governing body, as well as all
directors or other members of the governing body and any stockholder having a 25% or more interest;

3. In the case of a limited liability company (LLC)that is a principal (whether as the owner or otherwise), all members
are also considered principals, regardless of the percentage interest of the member;

4. In the case of a trust that is a principal (whether as the owner or otherwise), all persons having a 25% or more
beneficial ownership interest in the assetsof such trust;

5. In the case of any other person that is a principal (whether as the owner or otherwise), all persons having a 25% or
more ownership interest in such other person are also considered principals; and

6. Any person that directly or indirectly controls, or has the power to control, a principal shall also be considered a
principal.
15 TAB D - Previous Participation and Resume All Principals

CERTIFICATIONS:
I hereby certify that all the statements made by me are true. complete and correct to the best of my knowledge and
belief and are made in good faith. including the data contained in Schedule A and any statements attached to this

1. I further certify that for the period beginning 10 years prior to the date of this Certification:

a. During any time that any of the participants were principals in any multifamily rental project. no project has been
foreclosed upon. no mortgage has been in default assigned to the mortgage insurer (governmental or private), nor
has mortgage relief by the mortgagee been given:

b. During any time that any of the participants were principals in any multifamily rental project. there has not been any
breach by the owner of any agreements relating to the construction or rehabilitation. use. operation. management
or disposition of the project;

c. To the best of my knowledge, there are no unresolved findings raised as a result of state or federal audits.
management reviews or other governmental investigations concerning any multifamily rental project in which any
of the porficiponts were principals;

d. During any time that any of the participants were principals in any multifamily rental project. there has not been a
suspension or termination of payments under any state or federal assistance contract for the project:

e. None of the participants has been convicted of a felony and is not presently. to my knowledge. the subject of a
complaint or indictment charging a felony. A felony is defined as any offense punishable by imprisonment for a term
exceeding one year, but does not include any offense classified as a misdemeanor under the laws of a state and
punishable by imprisonment of two years or less;

f. None of the participants has been suspended. debarred or otherwise restricted by any federal or state
governmental entity from doing business with such governmental entity; and

g. None of the participants has defaulted on an obligation covered by a surety or performance bond and has not
been the subject of a claim under an employee fidelity bond.

2. I further cerlify that none of the participants is a Virginia Housing Development Authority (VHDA) employee or a
member of the immediate household of any of its employees.

3. I further certify that none of the participants is participating in the ownership of a multifamily rental housing project
as of this date on which construction has stopped for a period in excess of 20 days or (in the case of a multifamily
rental housing project assisted by any federal or state governmental entity) which has been substantially completed
for more than 90 days but for which requisite documents for closing, such as the final cost certification. have not
been filed with such governmental entity.

4. I further certify that none of the participants has been found by ony federal or state governmental entity or court to
be in noncompliance with any applicable civil rights. equal employment opportunity or fair housing laws or
regulations.

5. I further certify that none of the participants was a principal in any multifamily rental project which has been found
by any federal or state governmental entity or court to have failed to comply with Section 42 of the Internal
Revenue Code of 1986. as amended. during the period of time in which the participant was a principal in such

6. Statements above (if any) to which I cannot certify have been deleted by striking through the words. In the case of
any such deletion, I have attached a true and accurate statement to explain the relevant facts and circumstances.

WARNING: IF THISCERTIFICATION CONTAINS ANY MISREPRESENTATION


OF A MATERIAL FACT, THE AUTHORITYMAY REJECT
THE APPLICATION FOR LOW-INCOME HOUSING TAX CREDITSAND MAY PROHIBITTHE SUBMISSION BY THE APPLICANT OF

APPL~jF~HC .D7'l~E:UTURE. uautd g, vJC()d


Signature Printed Nome

-::- __ '_3~/3_'-1-/_' 0 (dote must be no more than 30 days prior to submission of the Applicalion)
Dale
16 TAB D - Previous Participation and Resume All Principals
Complete the following, using separate pagers) as needed, for each principal. ListQ]Ldevelopments that have
received allocations of tax credits under Section 42 of the IRC.
R 6\t .. D ny' 5:. D
Principal's Name:
t.u to (!) J) Controlling G. P. of Proposed Project? "'i-r
YrN

Controlling Non-
General Total Total Low compliance
Name of Ownership Entity Partner? Dev. Income Placed in 8609(s) Issue Found? Y/N
Development Name/Location and Phone Number (Y/N) Units Units Service Date Date (Explain Yes)
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
41
42
43
44
45
lIHTC as % of
1sl PAGE TOTAL: o o #DIV/Ol Total Units
17 TAB D - Previous Participation and Resume All Principals

Resume of Reverend David R. Wood

2525 Beech Avenue, Macon, GA 31201

(478) 745 2366

Rev. David R. Wood is a graduate of the Georgia Institute of Technology with a Bachelor's
Degree in Management in 1997 and a graduate of the Divinity Student at Candler School of
Theology, Emory University in Atlanta, in 2007.

Rev. Wood is the Office Manager and Event Director for Good News TV (GNTV), where he has
been employed since June 1997. GNTV is a television production and broadcast television
ministry of the United Methodist Church, created over thirty years ago. Since its development
as a production house, GNTV has produced videos in forty-eight states and forty countries. Tens
of thousands of video productions have been distributed around the world. GNTV has provided
audio and video support for regional, national and international events. Rev. Wood also
currently serves on the Board of Trustees for Stable Affordable Family Enrichment (SAFE),a
new 501 (c)(3) nonprofit Community Development Entity focusing on mixed-use, mixed-
finance facilities for the elderly and for low and moderate income families.
18 TAB D - Previous Participation and Resume All Principals

Previous Participation Certification

Development Name: Emmanuel House Senior Residences


Name of Applicant: Emmanuel House Senior Residences 2010,loP
Controlling General Partner: Emmanuel House Senior Residences MMX, GP

INSTRUCTIONS:
Thiscertification must be signed by an individual who is, or is authorized to act on behalf of the Controlling General
Partner (if LP)or Managing Member (if LLC) of the Applicant, as designated in the Application. YHDA will accept an
authorization document, which gives signatory authorization to sign on behalf of the principals.

2 Attach a resume for each principal of the general partnership (GP) or limited liability company (LLC) and an
organization chart for the limited partnership (LP)and LLC.
3 A Schedule A is required for each principal of the GP.
4 For each property listed as "non-compliance found," please attach a detailed explanation of the nature of the non-
compliance, stating whether or not it has been resolved.
5 The date of this certification must be no more than 30 days prior to submission of the Application.
Failure to disclose information about properties which have been found to be out of compliance or any material mis-
representations are grounds for rejection of an application and prohibition against future applications.

DEFINITIONS:
Forthe purpose of this Certification, the following definitions shall apply:
Development shall mean the proposed multifamily rental housing development identified above.

Participants shall mean the principals who will participate in the ownership of the development.

Principal shall mean any person (including any individual, joint venture, partnership, limited liability company,
corporation, nonprofit organization, trust, or any other public or private entity) that (i) with respect to the proposed
development. will own or participate in the ownership of the proposed development or (ii) with respect to an existing
multifamily rental project, has owned or participated in the ownership of such project. all as more fully described
hereinbelow. The person who is the owner of the proposed development or multifamily rental project is considered a
principal. In determining whether any other person is a principal, the following guidelines shall govern:

1. In the case of a partnership which is a principal (whether as the owner or otherwise), all general partners are also
considered principals, regardless of the percentage interest of the general partner;

2. In the case of a public or private corporation or organization or governmental entity that is a principal (whether as
the owner or otherwise), principals also include the president, vice president, secretary, and treasurer and other
officers who are directly responsible to the board of directors or any equivalent governing body, as well as all
directors or other members of the governing body and any stockholder having a 25% or more interest;

3. In the case of a limited liability company (LLC)that is a principal (whether as the owner or otherwise), all members
are also considered principals, regardless of the percentage interest of the member;

4. In the case of a trust that is a principal (whether as the owner or otherwise), all persons having a 25% or more
beneficial ownership interest in the assetsof such trust;

5. In the case of any other person that is a principal (whether as the owner or otherwise), all persons having a 25% or
more ownership interest in such other person are also considered principals; and

6. Any person that directly or indirectly controls, or has the power to control, a principal shall also be considered a
principal.
19 TAB D - Previous Participation and Resume All Principals

CERTIFICATIONS:
I hereby certify that all the statements made by me are true, complete and correct to the best of my knowledge and
belief and are made in good faith, including the data contained in Schedule A and any statements attached to this
certification.
1. I further certify that for the period beginning 10years prior to the date of this Certification:

a. During any time that any of the participants were principals in any multifamily rental project, no project has been
foreclosed upon, no mortgage has been in default, assigned to the mortgage insurer (governmental or private), nor
has mortgage relief by the mortgagee been given;

b. During any time that any of the participants were principals in any multifamily rental project, there has not been any
breach by the owner of any agreements relating to the construction or rehabilitation, use, operation, management
or disposition of the project;

c. To the best of my knowledge, there are no unresolved findings raised as a result of state or federal audits,
management reviews or other governmental investigations concerning any multifamily rental project in which any
of the participants were principals;

d. During any time that any of the participants were principals in any multifamily rental project there has not been a
suspension or termination of payments under any state or federal assistance contract for the project;

e. None of the participants has been convicted of a felony and is not presently, to my knowledge, the subject of a
complaint or indictment charging a felony. A felony is defined as any offense punishable by imprisonment for a
term exceeding one year, but does not include any offense classified as a misdemeanor under the laws of a state
and punishable by imprisonment of two years or less;

f. None of the participants has been suspended, debarred or otherwise restricted by any federal or state
governmental entity from doing businesswith such governmental entity; and

g. None of the participants has defaulted on an obligation covered by a surety or performance bond and has not
been the subject of a claim under an employee fidelity bond.

2. I further certify that none of the participants is a Virginia Housing Development Authority (VHDA) employee or a
member of the immediate household of any of its employees.

3. I further certify that none of the participants is participating in the ownership of a multifamily rental housing project
as of this date on which construction has stopped for a period in excess of 20 days or (in the case of a multifamily
rental housing project assisted by any federal or state governmental entity) which has been substantially completed
for more than 90 days but for which requisite documents for closing, such as the final cost certification, have not
been filed with such governmental entity.

4. I further certify that none of the participants has been found by any federal or state governmental entity or court to
be in noncompliance with any applicable civil rights, equal employment opportunity or fair housing laws or
regulations.

5. I further certify that none of the participants was a principal in any multifamily rental project which has been found
by any federal or state governmental entity or court to have failed to comply with Section 42 of the Internal
Revenue Code of 1986,as amended, during the period of time in which the participant was a principal in such

6. Statements above (if any) to which I cannot certify have been deleted by striking through the words. In the case of
any such deletion, I have attached a true and accurate statement to explain the relevant facts and circumstances.

WARNING: IF THISCERTIFICATIONCONTAINSANY MISREPRESENTATION


OF A MATERIALFACT,THEAUTHORITYMAY REJECT
THEAPPLICATIONFOR LOW-INCOME HOUSING TAX CREDITSAND MAY PROHIBITTHESUBMISSIONBY THEAPPLICANTOF
APPLICATIONSFORSUCHCREDITSIN THEFUTURE.

l=L-io~l b -=!KQ'?j\ w...e.


Printed Name
..•.O""·'-'.3""------'o""'-'1"---__ 1-_0_ ....•.
\....;O'--__ (date must be no more than 30 days prior to submission of the Application)
Date
Schedule A: Listof All Tax Credit Developments for Each Principal to this Certification
20 TAB D - Previous Participation and Resume All Principals
Complete the following, using separate pagers) as needed, for each principal. ListgJLdevelopments that have
received allocations of tax credits under Section 42 of the IRe.
Rev. Thomas H. Johnson Jr. Controlling G. P. of Proposed Project? _Y-7:---:-;--
Principal's Name: Y or N

Controlling Non-
General Total Total Low compliance
Name of Ownership Entity Partner? Dev. Income Placed in 8609(s) Issue Found? Y/N
Development Name/Location and Phone Number (Y/N) Units Units Service Date Date (Explain Yes)
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
41
42
43
44
45
LlHTC as % of
1st PAGE TOTAL: o o #DIV/O! Total Units
21 TAB D - Previous Participation and Resume All Principals

Resume of Reverend Thomas Haliburton Johnson, Jr.

144 Oak Avenue, Pine Mountain, GA 31822

(706) 663 2127

Rev. Thomas Haliburton Johnson, Jr. has been a member of the South Georgia Annual
Conference of The United Methodist Church since graduation from The Divinity School at Duke
University where he was President of his senior class. At the Vashti Center in Thomasville
Georgia, a residential center for abused children and youth, he served as Chaplain and Director
of Development with responsibilities for fundraising and the comprehensive development
program. He developed and implemented annual fundraising campaigns, direct donor
solicitation, direct mail, fundraising and foundation solicitation. Following the successful merger
of Vashti with Murphy-Harpst, Rev. Johnson was named Executive Director of Open Door
Community House, in Columbus (Muscogee County) Georgia. As Executive Director, he
developed strategic and board of director training plans, implemented a comprehensive
community social service program that targeted minority children, youth, seniors, transitional
housing, and daycare in addition to developing, funding, and constructing a new 32,000 square
foot community center for downtown Columbus. He was responsible for developing and
supervising the capital campaign for the new facility which had as a goal $3.2 million dollars.
The campaign raised $3.8 million dollars including grants from The Kresge Foundation, the John
S. and James L. Knight Foundation, The John Bulow Campbell Foundation, The W.I.H. and
Lula E. Pitts Foundation, Synovus Foundation, AFLAC Foundation, Jinks Foundation, Bradley-
Turner Foundation as well as private commercial and individual major donors. In addition, while
at Open Door, Rev. Johnson developed a case management program and received a multi-year
HUD grant to implement this program with homeless women, almost all of whom were members
of a minority group, in each homeless shelter in Muscogee County. Following his tenure at Open
Door, he served as a Development Officer for Magnolia Manor, a United Methodist ministry to
the elderly in South Georgia. At Magnolia Manor, he successfully developed grant applications
for the John Bulow Campbell Foundation, consulted with Hinton Rural Life Center in
Hayesville, NC, Methodist Home for Children and Youth in Macon, Georgia, as well as the Boys
and Girls Club of Columbus. He has served as Executive Director of the Bayou Interfaith
Sponsoring Committee in Thibodaux, Louisiana which was both multicultural and multiracial in
outreach. As part of a team/group, he successfully obtained grants from the Charles Stewart Mott
Foundation, The NeedMor Foundation, The Catholic Campaign for Human Development, and
the Entergy Foundation. Appointed to the Southeastern United Methodist Agency for
Rehabilitation at Lake Junaluska, North Carolina, Rev. Johnson was the first Development
Officer in the organization's history. In his first year, he assisted in developing more than $12
million dollars in funding for a l Ou-unit elderly, affordable, rental project using Federal Home
Loan Bank Affordable Housing Program, Low Income Housing Tax Credits, and Department of
22 TAB D - Previous Participation and Resume All Principals

Housing and Urban Development Section 202 program. He currently serves as the volunteer
President of the Board of Trustees of Southland Community Development Corporation, a
501(c)(3) nonprofit and State of Georgia Community Housing Development Organization
(CHDO) focusing on economic development for low income and difficult-to-develop
communities, and also as President of the Board of Trustees of Stable Affordable Family
Enrichment, (SAFE), a new 501(c)(3) nonprofit Community Development Entity (CDE)
focusing on mixed-use, mixed-finance facilities across the nation.
23 TAB D - Previous Participation and Resume All Principals

Previous Participation Certification

Development Name: Emmanuel Senior Residences


Name of Applicant: Emmanuel Senior Residences 2010.L.P.

~~~~~~-------------
Controlling General Partner: Emmanuel House. tnc

INSTRUCTIONS:
1 Thiscertification must be signed by an Individual who Is,or is authorized to act on behalf of the Controlling General
Partner OfLP)or Managing Member OfLLC)of the Applicant, as designated In the Application. VHDAwill accept an
authorization document which gives signatory authorization to sign on behalf of the principals.

2 Attach a resume for each principal of the general partnership (Gp) or limited Dabllltycompany (lLC) and an
organization chart for the limited partnership (LP)and LLC.
3 A Schedule A Is required tor !!9£h principal ot the GP.
4 For each property listed as "non-compliance found," please attach a detailed explanation of the nature of the non-
compliance, stating whether or not it has been resolved.
5 The date of this certification must be no more than 30 days prior to submissionof the ,Application.

Failureto disclose information about properties which have been found to be out of compliance or any material mis-
representations are grounds for rejection of an application and prohibition against future applications.

DEFINmONS:
Forthe purpose of this Certification, the follOwing definitions shall apply:
Development shall mean the proposed multifamily rental housing development identified above.

Participants shall mean the principals who will participate In the ownership of the development.

Principal shall mean any person Qncludlng any individual, Joint venture, partnership, limited liability company. corporation.
nonprofit organization, trust, or any other public or private entity) thatro
with respect to the proposed development will
own or participate in the ownership of the proposed development or (Ii) with respect to an existing multifamily rental
project, has owned or participated in the ownership of such project all as more fully described hereinbelow. The person
who isthe owner of the proposed development or multifamily rental project isconsidered a principal. In determning
whether any other person Isa principal, the following guidelines shall govern:

1. In the case of a partnership which is a principal (whether as the owner or otherwise). all general partners are also
considered principals. regardless of the percentage interest of the general partner;

2. In the case of a public or private corporation or organization or govemmental entity that is a principal (whether as
the owner or otherwise), principals also Include the president vice president secretary, and treasurer and other
officers who are direcl1y responsible to the board of directors or any equivalent goveming body. as well as all
directors or other members of the goveming body and any stockholder having a 25%or more interest:

3. In the case of a limited liability company (LLC)that Isa principal (whether as the owner or otherwise). all members
are also considered principals, regardless of the percentage Interest of the member;

4. In the case of a trust that is a principal (whether as the owner or otherwise). all persons having a 25%or more
beneficial ownership Interest in the assetsof such trust;

5. In the case of any other person that is a principal (whether as the owner or otherwise). all persons having a 25%or
more ownership interest in such other person are also considered principals; and

6. Any person that directly or indirectly controls, or has the power to control. a principal shall also be considered a
principal.
24 TAB D - Previous Participation and Resume All Principals

CERTIFICATIONS:
I hereby certify that all the statements made by me are true, complete and correct to the best of my knowledge and
belief and are made in good faith, including the data contained in Schedule A and any statements attached to this
__ ...,"_,...4-1,..., ....

1. I further certify that for the period beginning 10 years prior to the date of this Certification:

a. During any time that any of the participants were principals in any multifamily rental project, no project has been
foreclosed upon. no mortgage has been in default. assigned to the mortgage insurer(governmental or private), nor
has mortgage relief by the mortgagee been given;

b. During any time that any of the participants were prinCipals in any multifamily rental project. there has not been any
breach by the owner of any agreements relating to the construction or rehabilitation, use, operation, management
or disposition of the project; .

c. To the best of my knowledge, there are no unresolved findings raised as a result of state or federal audits,
management reviews or other governmental Investigations concerning any multifamily rental project in which any of
the partiCipants were principals;

d. During any time that any of the partiCipants were principals in any multifamily rental project. there has not been a
suspensionor termination of payments under any state or federal assistance contract for the project;

e. None of the participants has been convicted of a felony and is not presently. to my knowledge, the subject of a
complaint or indictment charging a felony. A felony is defined as any offense punishable by imprisonment for a term
exceeding one year, but does not include any offense classified as a misdemeanor under the laws of a state and
punishable by imprisonment of two years or less;

f. None of the participants has been suspended, debarred or otherwtse restricted by any federal or state governmental
entity from doing businesswith such governmental entity; and

g. None of the participants has defaulted on an obligation covered by a surety or performance bond and has not
been the subject of a claim under an employee fidelity bond.

2. I further certify that none of the participants isa Virginia Housing Development AuthOrity(VHDA)employee or a
member of the immediate household of any of Itsemployees.

3. I further certify that none of the participants is participating In the ownership of a multifamily rental housing project as
of this date on which construction has stopped for a period in excess of 20 days or (in the case of a multifamily rental
housing project assistedby any federal or state governmental entity) which has been substantially completed for
more than 90 days but for which requisite documents for closing, such as the final cost certification, have not been
filed with such governmental entity.

4. I further certify that none of the participants has been found by any federal or state governmental entity or court to
be in noncompliance with any applicable civil rights, equal employment opportunity or fair housing laws or
regulations.

5. I further certify that none of the participants was a principol in any multifamily rental project which has been found
by any federal or state governmental entity or court to have fal/ed to comply with Section 42 of the Internal Revenue
Code of 1986,as amended, during the penod of time in which the participant was a principal in such project.

6. Statements above Of any) to which I cannot certify have been deleted by striking through the words. In the case of
any such deletion, I have attached a true and accurate statement to explain the relevant facts and circumstances.

WARNING:IFTHISCERTIFICATION
CONTAJNSANY MISREPRESENTATION
OF A MATERIAlFACT,THEAUTHORITY
MAY REJECTTHE
APPLICATIONFOR LOW-iNCOME HOUSING TAX CREDITSAND MAY PROHIBITTHE SUBMISSIONBY THE APPLICANTOF
APPLI ATIONSFORSUCHCRE~""THE FUT~
." ~.--r> .~ I./t t..AJO-rd E (./ ¥ t:~.rd
Signature Printed Name

J'lf\0V' ~ [;,.. (.f) 2010 (dote must be no more than 30 days prior to submisson of the Application)
25 TAB D - Previous Participation and Resume All Principals

Date
Schedule A: Ust of All Tax Credit Developments for Each Principal to this Certlficallon
Complete the following, using separate page(s) as needed, for each princlpoi. Ustg!! developments that have
received allocations of tox credits under Section 42 of the IRC. i
U'/ .
Principal's Name:
I+xtw-ts£vD t . H€ M D ControUlng G. P. of Proposed Project? _
--;yJot:r:-::N~-

Controlling Non-
General Total low compliance
Nome of Ownership Entity and Portner? Totol Income Placed In 8609(5) Issue Found?Y/N
Development Nome/location Phone Number fY/N) Dev. Units Units Service Date Date (Explain Yes)
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
41
42
43
44
45
L1HTe as 'liar
1sf PAGE TOTAL: o o #DIV/O! Total UnIts
26 TAB D - Previous Participation and Resume All Principals

Howard E. Heard
303 Hope Court
Newport News, VA 23602
757-344-1836
hsheard@cox.net

EDUCATION

Logos Christian College & Graduate School Aug. 2007 - Present Jacksonville, FL

• Pursing PhD in Organizational LeadershiplUrban Development

Hampton University Jan. 2004 - Dec. 2006 Hampton, VA

• M.A., Community Agency Counseling-Concentration: Pastoral Counseling

Southern Illinois University Aug. 1998 - May 2003 Carbondale, ILL

• B.S., Health Care Administration

Thomas Nelson Community College Jan. 1991 - Dec. 1994 Hampton, VA

• A.A.S.,Opticianry (Magna Cum Laude)

JOB EXPERIENCE

Emmanuel Baptist Church Newport News, VA April 2003 - present

• Senior Pastor of a local community church. Responsible for the spiritual well
being of a 400 plus member church. Oversee a 75 member volunteer staff and 5
member paid staff in the daily operations of the church; which includes, vision
setting, strategic planning, budget development and community development.
Facilitate monthly leadership trainings, various seminars, conferences and
workshops. Conduct various counselings (family, marriage, grief, etc ..) and
perform other duties such as: baptisms, funerals, baby dedications, and weddings.
I am a certified instructor with the National Baptist Convention USA, I facilitate
annual training classes for the Virginia Baptist State Convention.

• Founder and CEO of Emmanuel House, Inc. a 501c (3) Non-profit Community
Housing Development Organization (CHDO). We provide affordable low-
income housing for the elderly and general community. We purchase and rehab
single family houses and make them available for rent or purchase. In addition,
we provide food, clothing and various types of services such as: money
management, home ownership and employment counseling. We aid the
Department of Social Services by functioning as a screening/application arm for
their Food Stamp Program. We operate a weekly soup kitchen that provides food
27 TAB D - Previous Participation and Resume All Principals

for hundreds of people monthly and we serve as an emergency food pantry. We


provide food for over 1,200 people each month.

• Founder and President of Emmanuel Bible College & Seminary. This is a


recognized institution of higher learning in the state of Virginia providing quality
religious based education in Biblical Studies and Christian Counseling. Our
college has been approved by the Virginia Board of Higher Education to confer
Religious Education Degrees up to the PhD level. Currently, and we are in the
process of seeking accreditation.

United States Navy February 1983 - April 2003

• Hospital Corpsman: Completed Hospital Corpsman Class "A" school; Field


Medical Class "C" school and Optician Class "C" school. Served as a hospital
ward medical personnel, responsible for direct patient care i.e. changing dressing,
administering medications, giving shots & IV therapy, drawing blood, minor
surgery (suturing), patient charting & observation, and preparing patients for
surgery.
• Field Medical Corpsman: Served as a field medical corpsman assigned to provide
medical care to Marines serving in combat. Well trained in emergency medicine
and basic and advance life support.
• Case Manager: Managed medical care for Marines placed on "inactive" status as
a result of medical reasons. I monitored their treatment progress and assisted
caregivers with getting Marines back to an active status. My duties consisted of:
scheduling medical appointments, arranging transportation, setting up medical
consultations, and maintaining accurate records for medical board preparation.
• Optician: Responsible for optical lenses fabrication. Worked in an optical lab that
produced 2,000 - 3,000 pairs of glasses per day. I was recognized as one of the
top module leaders (received the Navy Achievement Award) for my sustained
superior performance. Additionally, I managed an Eye clinic for six years,
responsible for patient check-in, ordering and fitting optical eyewear, visual fields
testing, statistical data reporting, and strategic planning.
• Navy Rights & Responsibility Facilitator: Responsible for facilitating annual
training to Navy personnel. In addition, facilitated other pertinent training
materials when called upon. Facilitated over 1,000 hours of training materials.
• Equal Opportunity Advisor: Ensured that the Navy's Equal Opportunity Program
was enforced at the command level. Responsible for quarterly and annual
trainings, assisted personnel with filing grievances, provided counseling, and
responsible for statistical data reporting.
• Command Career Counselor: Responsible for advising enlisted personnel with
their career development. I assisted personnel with negotiating orders, choosing
various class "C" schools, applying for officer commissioning programs, and
enlistment retention. I was recognized as one of the top career counselors in the
Navy, having the highest retention rate of enlisted personnel in the South East
Region. I was rewarded the Navy Achievement Medal for my sustained superior
performance.
1 TAB E - NP Questionaire and NP Corp. Documents

DIVIDER PAGE

TAB E - NONPROFIT QUESTIONAIRE AND NONPROFIT CORPORATE


DOCUMENTS
2 TAB E - NP Questionaire and NP Corp. Documents
3 TAB E - NP Questionaire and NP Corp. Documents
4 TAB E - NP Questionaire and NP Corp. Documents
5 TAB E - NP Questionaire and NP Corp. Documents
6 TAB E - NP Questionaire and NP Corp. Documents
7 TAB E - NP Questionaire and NP Corp. Documents
8 TAB E - NP Questionaire and NP Corp. Documents
9 TAB E - NP Questionaire and NP Corp. Documents
10 TAB E - NP Questionaire and NP Corp. Documents
11 TAB E - NP Questionaire and NP Corp. Documents
12 TAB E - NP Questionaire and NP Corp. Documents
13 TAB E - NP Questionaire and NP Corp. Documents
14 TAB E - NP Questionaire and NP Corp. Documents
15 TAB E - NP Questionaire and NP Corp. Documents
16 TAB E - NP Questionaire and NP Corp. Documents
17 TAB E - NP Questionaire and NP Corp. Documents
18 TAB E - NP Questionaire and NP Corp. Documents
19 TAB E - NP Questionaire and NP Corp. Documents
20 TAB E - NP Questionaire and NP Corp. Documents
21 TAB E - NP Questionaire and NP Corp. Documents
22 TAB E - NP Questionaire and NP Corp. Documents
23 TAB E - NP Questionaire and NP Corp. Documents
24 TAB E - NP Questionaire and NP Corp. Documents
DIVIDER PAGE

TAB F - ARCHITECT'S CERTIFICATION


1 TAB F - Architect's Certification
2 TAB F - Architect's Certification
3 TAB F - Architect's Certification
4 TAB F - Architect's Certification
5 TAB F - Architect's Certification
6 TAB F - Architect's Certification
7 TAB F - Architect's Certification
8 TAB F - Architect's Certification
9 TAB F - Architect's Certification
10 TAB F - Architect's Certification
DIVIDER PAGE

TAB H - PHA NOTIFICATION


1 TAB H - PHA Notification Letter

..e:-
-------------------------------------------
PHA or Section 8 Notification Letter

(This Form Must Be Included With Application)

Date

TO: Newport News Redevelopment and Housing Authority


227 2yth Street
Newport News Virginia 23607
Attention: Karen R. Wilds, Executive Director

RE: PROPOSED AFFORDABLE HOUSING DEVELOPMENT

Name of Development: Emmanuel House Senior Residences


Name of Owner: Emmanuel House Senior Residences 2010, L.P.

I would like to take this opportunity to notify you of a proposed affordable


housing development to be completed in your jurisdiction. We are in the process of
applying for federal low-income housing tax credits from the Virginia Housing
Development Authority (VHDA). We expect to make a representation in that application
that we will give leasing preference to households on the local PHA or Section 8 waiting
list. Units are expected to be completed and available for occupancy
beginning January 1, 2012

The following is a brief description of the proposed development:

Development Address:
9601 Jefferson Avenue, Newport News, VA 23601

Proposed Improvements: (Should correspond with I.B & D and III.A of.the application)

~ New Construction: 68 # Units _1:.--_ # Buildings 64,589 r01al Gross Floor Area
o Adaptive Reuse:
-- # Units # Buildings Total Gross Floor Area
o Rehabilitation:
-- # Units # Buildings Total Gross Floor Area

Proposed Rents (Gross/Net):

~ 1 Bedroom Units: 508 / 396


$ _--'- / month (40% AMI, Gross/Net)
~ 1 Bedroom Units: $ 635 / 523 / month (50% AMI, Gross/Net)
~ 2 Bedroom Units: $ 761 / 618 / month (50% AMI, Gross/Net)
o 3 Bedroom Units: $ / month
o 4 Bedroom Units: $ / month
2 TAB H - PHA Notification Letter
3 TAB H - PHA Notification Letter
DIVIDER PAGE

TAB I - CEO SUPPORT LETTER


1 TAB I - Locality CEO Support Letter
DIVIDER PAGE

TAB K - TAX ASSESSMENT


City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 1 of 4

1 TAB K - Real Estate Tax Assessment


Printer Friendly Version
Parcel/Property Information

Parcel ID: 267000247


Street Address: 9601 JEFFERSON AVE

View Map

Tax Status Class Code Planning Land Use


TAXABLE COMMERCIAL 53

Assessment Land Improvements Total


Current 128100 39800 167900

Taxable Leased
Taxable Leasee Taxable Leased Land Taxable Leased Total
Improvements
DOES NOT APPLY 0 0 0

Dimensions Acreage Permits Eligible


125.08 X 102.55 X 118.39 X
0.33 YES
141.53

Legal Description

Legal Desc/Lot # Block Section Subdivision


NORTH NEWPORT
G, 1, PT 2, PT 3 029
NEWS

Planning / Zoning

Census Tract Census Block Neighborhood Statistical Area


314 4005 SEDGEFIELD - MORRISON

Zoning Case ID Conditional Zone


NONE CZ-85-156

Zone Zone Description


C1 RETAIL COMMERCIAL

Special Condition Special Condition Special Condition


NONE CONDITIONAL USE NONE

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 2 of 4

2 TAB K - Real Estate Tax Assessment

Owner History
Transfer Date Consideration Price Deed Book Deed Page
8/3/2009 225000 D09001 5286
7/30/1990 115000 001229 2393
7/29/1990 0 001229 2389
3/11/1986 45000 001112 0369

Top

Assessment History
Assessment Total Orig
Total Tax Tax Rate Improvements Land
Date Assessment
07/01/2009 $1,846.90 $1.10 167900 39800 128100
07/01/2008 $1,846.90 $1.10 167900 39800 128100
07/01/2007 $1,846.90 $1.10 167900 39800 128100
07/01/2006 $2,014.80 $1.20 167900 39800 128100
07/01/2005 $1,455.76 $1.24 117400 39800 77600

For payment information contact the Treasurer at (757) 926-8731 or E-Mail .

Top

Property Description
<| First Desc << Prev Desc >> Next Desc >| Last Desc
1 of 1
Top

Usage UsageSQFT/Units
RETAIL 3315

Year Built Total Rooms Number of Stories Basement


0000 0 1 NO

Overhead Door Type Overhead Door Number Overhead Door Height


NONE 0 0

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 3 of 4

3 TAB K - Real Estate Tax Assessment

Floor Type Lighting Type Sky Lights


CONCRETE FLORESCENT 0

Gable Height Eave Height Floor Height


0 8 0

Paving Paving Paving Paving Other Paving Other


Concrete Asphalt Gravel Description SQFT
0 0 0 0

Special Equipment

Wet Sprinklers Dry Sprinklers


NO NO

Construction

Component Type
CEILING SHEET ROCK
EXTERIOR WALLS PAINTED BLOCK
FLOOR COVERING VINYL TILE
FOUNDATION SLAB
FRAME BLOCK
FUEL GAS
FUEL ELECTRIC
HEATING-COOLING (HVAC) HOT AIR
HEATING-COOLING (HVAC) AIR CONDITIONING
INTERIOR WALLS SHEET ROCK
ROOF FLAT
ROOFING TAR AND GRAVEL

Plumbing Fixtures

Fixture Quantity
RESTROOMS 3
SINKS 3
WATER CLOSETS 3

Top

Within each category, you may click on the


heading for contact information and descriptions.

If additional information is needed call Assessor's Office (757) 926-1926 or E-Mail .

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 1 of 3

4 TAB K - Real Estate Tax Assessment


Printer Friendly Version
Parcel/Property Information

Parcel ID: 267000286


Street Address: 9651 JEFFERSON AVE

View Map

Tax Status Class Code Planning Land Use


NON-TAXABLE: RELIGIOUS
COMMERCIAL 00
ORGANIZATION

Assessment Land Improvements Total


Current 345000 0 345000

Taxable Leased
Taxable Leasee Taxable Leased Land Taxable Leased Total
Improvements
DOES NOT APPLY 0 0 0

Dimensions Acreage Permits Eligible


158.03X423.28X413.43X131.27XVAR 2.34 YES

Legal Description

Legal Desc/Lot # Block Section Subdivision


EMMANUEL BAPTIST
2
CH

Planning / Zoning

Census Tract Census Block Neighborhood Statistical Area


314 4005 SEDGEFIELD - MORRISON

Zoning Case ID Conditional Zone


NONE CZ-08-265

Zone Zone Description


HIGH DENSITY MULTIPLE FAMILY
R8
DWELLING

Special Condition Special Condition Special Condition


NONE NONE NONE

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 2 of 3

5 TAB K - Real Estate Tax Assessment

Owner History
Transfer Date Consideration Price Deed Book Deed Page
3/11/2009 0 D09000 4233

Top

Assessment History
Assessment Total Orig
Total Tax Tax Rate Improvements Land
Date Assessment
07/01/2009 $3,795.00 $1.10 345000 0 345000

For payment information contact the Treasurer at (757) 926-8731 or E-Mail .

Top

Property Description
<| First Desc << Prev Desc >> Next Desc >| Last Desc
1 of 1
Top

Year Built Total Rooms Number of Stories Basement


0000 0 0 NO

Overhead Door Type Overhead Door Number Overhead Door Height


NONE 0 0

Floor Type Lighting Type Sky Lights


NONE NONE 0

Gable Height Eave Height Floor Height


0 0 0

Paving Paving Paving Paving Other Paving Other


Concrete Asphalt Gravel Description SQFT
0 0 0 0

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 3 of 3

6 TAB K - Real Estate Tax Assessment


Special Equipment

Wet Sprinklers Dry Sprinklers


NO NO

Plumbing Fixtures

Fixture Quantity
NO PLUMBING FIXTURES 0

Top

Within each category, you may click on the


heading for contact information and descriptions.

If additional information is needed call Assessor's Office (757) 926-1926 or E-Mail .

Data last imported: 2 /19/2010

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 1 of 4

7 TAB K - Real Estate Tax Assessment


Printer Friendly Version
Parcel/Property Information

Parcel ID: 267000285


Street Address: 521 NORTH AVE

View Map

Tax Status Class Code Planning Land Use


NON-TAXABLE: RELIGIOUS
COMMERCIAL 20
ORGANIZATION

Assessment Land Improvements Total


Current 450000 289300 739300

Taxable Leased
Taxable Leasee Taxable Leased Land Taxable Leased Total
Improvements
DOES NOT APPLY 0 0 0

Dimensions Acreage Permits Eligible


170 X VAR 3 YES

Legal Description

Legal Desc/Lot # Block Section Subdivision


EMMANUEL BAPTIST
1
CH

Planning / Zoning

Census Tract Census Block Neighborhood Statistical Area


314 4005 SEDGEFIELD - MORRISON

Zoning Case ID Conditional Zone


NONE CZ-08-265

Zone Zone Description


HIGH DENSITY MULTIPLE FAMILY
R8
DWELLING

Special Condition Special Condition Special Condition


NONE NONE NONE

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 2 of 4

8 TAB K - Real Estate Tax Assessment

Owner History
Transfer Date Consideration Price Deed Book Deed Page
3/11/2009 0 D09000 4233

Top

Assessment History
Assessment Total Orig
Total Tax Tax Rate Improvements Land
Date Assessment
07/01/2009 $8,132.30 $1.10 739300 289300 450000

For payment information contact the Treasurer at (757) 926-8731 or E-Mail .

Top

Property Description
<| First Desc << Prev Desc >> Next Desc >| Last Desc
1 of 1
Top

Usage UsageSQFT/Units
CHURCH 5479

Year Built Total Rooms Number of Stories Basement


1912 0 1 NO

Overhead Door Type Overhead Door Number Overhead Door Height


NONE 0 0

Floor Type Lighting Type Sky Lights


CONCRETE FLORESCENT 0

Gable Height Eave Height Floor Height


0 12 0

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
City of Newport News - 2400 Washington Ave * Newport News, VA * 23607 Page 3 of 4

9 TAB K - Real Estate Tax Assessment

Paving Paving Paving Paving Other Paving Other


Concrete Asphalt Gravel Description SQFT
0 20800 0 0

Special Equipment

Wet Sprinklers Dry Sprinklers


NO NO

Construction

Component Type
CEILING SHEET ROCK
EXTERIOR WALLS BRICK
FLOOR COVERING VINYL TILE
FOUNDATION SLAB
FRAME WOOD
FUEL ELECTRIC
HEATING-COOLING (HVAC) HOT AIR
HEATING-COOLING (HVAC) AIR CONDITIONING
INTERIOR WALLS SHEET ROCK
ROOF FLAT
ROOF GABLE
ROOFING COMPOSIT SHINGLE
ROOFING TAR AND GRAVEL

Plumbing Fixtures

Fixture Quantity
RESTROOMS 2
SINKS 2
WATER CLOSETS 2
WATER FOUNTAINS 1

Top

Within each category, you may click on the


heading for contact information and descriptions.

If additional information is needed call Assessor's Office (757) 926-1926 or E-Mail .

Data last imported: 2 /19/2010

http://216.54.20.244/reisweb2/results2.asp 2/19/2010
DIVIDER PAGE

TAB K - SITE CONTROL DOCUMENTS


1 TAB K - Option to Purchase and RE Tax Assessment

OPTION TO PURCHASE REA ESTATE

THIS AGREEMENT, by mutual consent and agreement of all arties, is an amendment to I e


OPTION TO PURCHASE REAL ESTATE dated September 30 2009 by and between STA: LE
AFFORDABLE FAMILY ENRICHMENT, INC. and EMMANUE BAPTIST CHURCH as att ed to
by the signatures below. I
THIS AGREEMENT is made and entered into this 10th day of arch, 2010, by and betwee~
Emmanuel Baptist Church (hereinafter referred to as "Sellerj, table Affordable Family Enrichment,
Inc., (hereinafter referred to as "Assignee'~, and Emmanuel Ho se Senior Residences, loP.
(hereinafter referred to as "Buyer").

WITNESSETH, that for and in consideration of the payment of NE DOLLAR ($1.00) to S~lIer and
to Assignee by Buyer and the mutual promises and covenants ereinafter set forth, the parties
hereto agree as follows: ~

1. Transfer of Rights: .Assignee hereby transfers all Its rig ts, both tangible and intangible,
contained in the OPTION TO PURCHASE REAL ESTATE ated September 30th, 2009, included
asATIACHMENT "Anto Buyer as of the effective date firs written above.

2. Form of Contract of Sale. Seller binds himself to enter nto a contract with Buyer upon the
exercise by Buyer of this option for a firm, fixed price of SEVEN HUNDRED THOUSAND
DOLLARS ($700,000.00) for the property described more fully in ATTACHMENT "B". !
3. Expiration of Option. This option shall expire on the 30 day of September, 2011 a~1d is
extendable for an additional period of twelve (12) months ith the payment of ONE DO~LAR
($1.00). However, in the event that a HUD Section 202 Ca ital Advance is not received by the tt
Assignee prior to the 30th day of June, 2010, and . ncome ousmg fax ~
Credits is not received by the Buyer prior to the 30th day of une 2010, this option will terminate ':$-",ml'>'&.-S
unless extended by the mutual consent of all parties. '!t'¥'~ 11t;L
C;"",~ •.J1
4. Agreement Binding. This Agreement shall be binding pon the parties hereto and their ~~
respective heirs, administrators, successors, and assigns. I~v-.(
~

5. Governing Law. This agreement and all transactions ntemplated hereby, shall b~ ~I-P Jl:!ij-
governed by, construed and enforced in accordance with e laws of the Commonweal~r of
Virginia. The parties herein waive trial by jury and agree to ubmit to the personal jUriS~.ction and
venue of a court of subject matter jurisdiction located in Ne ort News, Virginia. In the :event
that litigation results from or arises out of this Agreement 0 the performance thereof, parties
agree to reimburse the prevailing party's reasonable attorn~y's fees, court costs, and al other
expenses, whether or not taxable by the court as costs, in~dditiOn to any other relief to which
the prevailing party may be entitled. In such event, no acti ' n shall be entertained by said court
or any court of competent jurisdiction if filed more than one year subsequent to the dat~ the
cause(s) of action actually accrued regardless of whether amages were otherwise as of said
time calculable. I

6. Specific Performance. In addition to the remedies spe ,ifled hereinabove, Buyer ma ,in the
event of default by Seller, enforce this agreement through n action for specific perf0l~mce.

IN WITNESS WHEREOF, the parties hereto have here nto set their hands and se Is
the day and year first above written on the foUowing page. I
2 TAB K - Option to Purchase and RE Tax Assessment

Signed. sealed and delivered in the presence of:

"SELLER"

w EMMA UEL BAPTIST CHURCH;


A Virgi la non-profit Corporation

"ASSIGNEE"

•...
1 STABL AFFORDABLE FAMILY
Thomas H. Johnson, Jr. Chairman ENRIC MENT, INC.; A Georgia non-
profit C rporation

"BUYER"

~Q;Pz~
ev:HO~Heard, Chairperson
EMMA UEL HOUSE SENIOR RESIDENCES
MMX; Virginia for-profit Corporation and
General Partner of EMMANUEL HOUSE
SENIOffi RESIDENCES, L.P.
3 TAB K - OptionAttachment
to PurchaseA and RE Tax Assessment

OPTIQNTO,PUf;t'CHASERt=AL $TAlE
tHrS,A'~~jfe'm,ada artd:E!rlte1edInto'this$Oth... . ,..of:Sepmmber,2009.byami .
~eeti~i,1~i~l'fI!~t\i!rcli,~~~~reffitiea16·;$!'S·' ~aMstab!eAffD~~Iel=~dY
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; :-: -.. : ~
~. ::-,

. J".~~. emma-nlJ~" ,liCliwtt


A V'Jrgin'i8:"-hi>rofit~n'

------------
4 TAB K - Option to Purchase and RE Tax Assessment
Attachment B

All those certain lots, pieces or parcels of land located in th~e ity of Newport News, Virginia,
known and designated as all of Lot 2 and part of Lots 3 and 4 in Block 29 on that certain plat
entitled, "MAP OF THE LAND OF NORTH NEWPORT WS IMPROVEMENT
COMPANY", made by E. A. Semple, Civil Engineer, which Fd plat is duly recorded in the
Clerk's Office of the Circuit Court for the City of Newport News, Virginia in Plat Book 2, at
page 2, to which said plat reference is here made for a more p,articular description and location of
the property hereby conveyed. Save and except that certain p{>rtionof land conveyed by Willie J.
Butler, et ux, to the Commonwealth of Virginia by deed da~ September 17, 1932, recorded in
the aforesaid Clerk's Office in Deed Book 62, at page 23. An1 further save and except that
certain portion of property conveyed by Lewis A. Lovett to e City of Newport News by deed
dated April 16, 1962, recorded in the aforesaid Clerk's Office in Deed Book 462, at page 336.
Together with all and singular the buildings and improvemen thereon, the rights and privileges,
tenements, hereditaments, easements and appurtenances unto the said land belonging or in any
way appertaining. Subject, however, to any and all covenants restrictions, easements, rights-of-
way, agreements and conditions of record or apparent on the ound.

And further, all that certain lot, piece or parcel of land, toge~ with the improvements thereon,
lying, being and situate in the City of Newport News, Virginif1?containing 0.332 acres, more or
less, and being more particularly described as follows: Be~g at a point on the west side of
Jefferson Avenue at the intersection of the north side of No Avenue, which point is marked
"DRILL HOLE SET"; thence along the north side of North enue S 45° 20' ~O'' W 102.55' to a
point marked "IPS"; thence N 44° 40' ~O'' W 118.39' to a poi t marked "IPF"; thence N 45° 08'
30" E 141.53' to a point on the west side of Jefferson Avenue marked "IPF"; thence along the
west side of Jefferson Avenue S 26° 30' 52" E 125.08' to the oint of beginning; all as shown on
q
that certain plat entitled "BOUNDARY SURVEY OF LOT AND LOT 1,2 AND PARTS OF 3
AND 4 (BLOCK 29), NORTH NEWPORT NEWS IMPRO~MENT CO., TM# 267000247,
NEWPORT NEWS, VIRGINIA" which plat is dated June 2~~2009, prepared by Patton Harris
Rust & Associates, and a copy of which plat is attached here and made a part hereof
I
DIVIDER PAGE

TAB M - ZONING DOCUMENTS


1 TAB M - Zoning Documents

City of Newport News Department of Codes Compliance

2400 Washington Avenue, Newport News, Virginia 23607 Phone (757) 926-8861 Fax (757) 926-8311
!.?1!12.: .. __~_j_~}_uLjJL1ge~~,_~_~(y!) propmtu nngU\'.COf}/

Harold L. Roach Michael P. NaB Christine Mignogna Michael Redifer


Director Assistant Director Zoning Administrator Code Enforcement Administrator

October 12, 2009

Emmanuel House, Inc.


C/O Pastor Howard Heard
519 North Avenue
Newport News, Virginia 23601

Ref: Zoning verification letter - 9601 Jefferson Avenue

Dear Pastor Heard:

This correspondence is sent to respond to your e-mailed request for zoning verification
of the above mentioned property.

The City's Zoning map classifies this property as C 1- Retail Commercial.


Section 45-402 L.6. of the City's Zoning Ordinance enumerates that an "off-site parking
lot or garage" is permitted as a matter of right in the C 1 zoning district. As I understand
it from your e-mail, the property will be utilized as part of parking, parking lot, for the
use at the adjacent property. Therefore, I have determined that the off-site parking lot use
at 9601 Jefferson Avenue is permitted as a matter of right.

I am advising that since this property has improvements, a demolition permit will be
required for the removal of the building(s), and a site plan will need to be approved by
the Director of Engineering prior to the use as a parking lot.

For questions on the demolition of the building(s), please contact the Building Official,
Michael Redifer, at 926-6914. For questions in reference to the site plan requirements,
please contact Susan Kassel, Manager of the Site and Subdivision Office within the
Engineering Department at 926-8611.

For further assistance, please contact me at 926-8689.

Sincerely

. ~)'J:l' ,~ \ \ \) ''\!!,~
Christine Mignogna
Zoning Administrator

cc: Building Official, Michael Redifer


Manager of Site and Subdivision, Susan Kassel
2 TAB M - Zoning Documents
~~ -....,--
-< -
•.. - - --
•..... --
-- - -~.

ZONING INFORMATION BROWSE - ACCOUNT: 267000247


*** END OF FILE / SEARCH INFORMATION REACHED ***
------ CURRENT OWNER ------------ --------- PROPERTY ADDRESS ---------
EMMANUEL BAPTIST CHURCH TRS 09601 JEFFERSON AVE
------- LEGAL DESCRIPTION --------
521 NORTH AVENUE G, 1, PT 2, PT 3
NEWPORT NEWS VA 23601 - 0000 LEGAL CHANGE DATE: 11/01/1990

CURRENT ZONES: C1 ZONING CASE 10:


CONDITIONAL ZONE: CZ-85-156 CONDITIONAL USE: PERMIT ELIG:
SPECIAL EXCEPT: SPECIAL CONDS: Z
VARIANCE: CENSUS - TRACT: 314.00 BLOCK: 4005
------------------------------- ZONING HISTORY --------------------------------
~FFECTIVE DATE ----------- ZONES ----------- ZONE CASE 10 COND ZONE COND USE
08/01/1997 C1 CZ-85-156
00/00/0000 C2A CZ-85-156

ENTER: CONT. BROWSE PF1: PARCEL INQUIRY PF24: IMAGES


3 TAB M - Zoning Documents

REAL ESTATE INFCRMAT=ON SYSIE~ KEISn4IJ


ZONING INFORMATION BROWSE - ACCOUNT: 267000285
*** END OF FILE / SEARCH INFORMATION REACHED ***
------ CURRENT OWNER ------------ --------- PROPERTY ADDRESS ---------
EMMANUEL BAPTIST CHURCH TRUSTEES 00521 NORTH AVE
------- LEGAL DESCRIPTION --------
521 NORTH AVENUE 1
NEWPORT NEWS VA 23601 - 4440 LEGAL CHANGE DATE: 08/14/2009

CURRENT ZONES: R8 ZONING CASE 10:


CONDITIONAL ZONE: CZ-08-265 CONDITIONAL USE: PERMIT ELIG:
SPECIAL EXCEPT: SPECIAL CONDS:
VARIANCE: CENSUS - TRACT: 314.00 BLOCK: 4005
------------------------------- ZONING HISTORY --------------------------------
EFFECTIVE DATE ----------- ZONES ----------- ZONE CASE 10 COND ZONE COND USE
11/09/2009 R8 CZ-08-265
08/24/2009 R4

ENTER: CONT. BROWSE PF1: PARCEL INQUIRY PF24: IMAGES


4 TAB M - Zoning Documents

REAL ESTATE INFORMATIO~ SYS~~~


ZONING INFORMATION BROWSE - ACCOUNT: 267000286
*** END OF FILE / SEARCH INFORMATION REACHED ***
------ CURRENT OWNER ------------ --------- PROPERTY ADDRESS ---------
EMMANUEL BAPTIST CHURCH TRUSTEES 09651 JEFFERSON AVE
------- LEGAL DESCRIPTION --------
521 NORTH AVENUE 2
NEWPORT NEWS VA 23601 - 4440 LEGAL CHANGE DATE: 08/14/2009

CURRENT ZONES: R8 ZONING CASE 10:


CONDITIONAL ZONE: CZ-08-265 CONDITIONAL USE: PERMIT ELIG:
SPECIAL EXCEPT: SPECIAL CONDS:
VARIANCE: CENSUS - TRACT: 314.00 BLOCK: 4005
------------------------------- ZONING HISTORY --------------------------------
EFFECTIVE DATE ----------- ZONES ----------- ZONE CASE 10 COND ZONE COND USE
11/09/2009 R8 CZ-08-265
08/24/2009 R4

ENTER: CONT. BROWSE PF1: PARCEL INQUIRY PF24: IMAGES


DIVIDER PAGE

TAB N - FORMS 8609


1
Fonn8609 TAB N - Forms 8609
Low-Income Housing Credit
(Rev. December 2006)
Department of the Treasury Allocation Certification OMB No. 1545-0988
Internal Revenu::,::e.:;:Se.:::,rv;.::ic:;;;.e
__ .L- •.•.••• _

Allocation of Credit.

Check If: 0 Addition to Qualified Basis o Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
2904 Fireside Road Virginia Housing Development Authority
Chesapeake, VA 23324 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation o Employer identification number of agency
Landmark Two Limited Partnership 54-0921892
13195 Warwick Boulevard, Bldg. 1 - Suite F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-2469435 VA8847001

1a Date of allocation ~ 12/9/05 b Maximum housing credit dollar amount allowable. 1b $ 7,622

2 Maximum applicable credit percentage allowable . . . . . . . . . . . . . . . • . . . . . . . . . . . . . 2 3.41%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3a ~223,519

If the eligible basis used in the computation of line 3a was increased, check the applicable box
and enter the percentage to which the eligible was increased (see instructions) . %
o Building located in the Gulf Opportunity (GO) Zone, Rita GO Zone, or Wilma GO Zone
o Section 42(d)(5)(C) high cost area provisions
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) . . . . .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 7 /12 /0 6 _
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b 0 Newly constructed and not federally subsidized c IZIExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0
Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E} 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized

•~-l
fan'
Housing Credit Agency Official-
Under penalties of penury, I declare that the alloc~ade
and fuatI have examinedthls
Completed by Housing Credit Agency Only
is in compliance with the requirements
of myknowledqean; ""ief=:O:~ti:::~~::ect

~~_~~~IZ_~D
of section 42 of the Internal Revenue Code,

OFFIC~~
an; complete

• 9-1/-oz
----,---.-./.L----------- ----
Signature of authorized officiai Name (please type or print) Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period
1 Eligible basis of building (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
8a
~--~~~~~~--------
Sa
b
Original qualified basis of the building at close of first year of credit period . . . . . . . . . . . .
Are you treating this building as part of a multiple building project for purposes of section 42 (see
~--~~~~~~--------
instructions)? . 0 Yes '1)1 No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i}(2)(B)? . 0 Yes 0 No
b For market-rate units above the average quality standards of low-income units in the building, do you elect
to reduce eligible basis by disproportionate costs of non-low income units under section 42(d)(3}(B)? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the foliowing elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f}(1)) . 'gj. Yes No
b Elect not to treat large partnership as taxpayer (section 420)(5)). . . . . . . . . . . . . . . . . . .. . . . . . '5SL Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 M. 40-60 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) ;.--. . D 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Intemal
Code section 42. I have ex ined this m a ttachments, and to the best of my knowledge and belief, they are true, correct. and complete.
~ _. __
Signature
~__
aQ - d410 1_tJ._~~_____________ ~ --------LY.-!7..J /)-:2_
Taxpayer identification number Date
~ --~~O ~9e MIrtnel_~te~() ~ £~tf07______________________ . _
Name (please type or print) Iax year
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No.63981U Form 8609 (Rev. 12-2006)
2 TAB N - Forms 8609
Forrn8609 Low-Income Housing Credit
(Rev. December 2006)
Department of the Treasury Allocation Certification OMB No. 1545-0988
Internal Reven;;,;;ue:.,;;Se;;;.;fV.;,;;ic;;::e__ ..I- ..I- _
Allocation of Credit
Check If: 0 Addition to Qualified Basis o Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
2904 Fireside Road Virginia Housing Development Authority
Chesapeake, VA 23324 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Landmark Two Limited Partnership 54-0921892
13195 Warwick Boulevard, Bldg. 1 - Suite F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20·2469435 VA8847001

1a Date of allocation ~ 12/9/05 b Maximum housing credit dollar amount allowable. 1b $ 22,607

2 Maximum applicable credit percentage allowable . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 2 7.95%


3 a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 3a $ 2 84 ,365
If the eligible basis used in the computation of line 3a was increased, check the applicable box
--------
and enter the percentage to which the eligible was increased (see instructions) .
o Building located in the Gulf Opportunity (GO) Zone, Rita GO Zone, or Wilma GO Zone
~ Section 42(d)(5)(C) high cost area provisions
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) ....
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 7/12/06
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b 0
Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e ~ Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and b of
my knowledge and belief, the information is true, correct and complete.
JAMES M. CHANDLER
AUTHORIZED OFFICER
--------------
Name (please type or print)

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period
7 Eligible basis of building (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 7 41 d'8 31b 5
8a Original qualified basis of the building al close offirst year of credit period . . . . . . . . . . . . . . .. 8a Jf 8 Lj . _ if) 5
b Are you treating this building as part of a multiple building project for purposes of section 42 (see
instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . o Yes No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under seclion (42(i)(2){B)? . o Yes No
b For market-rale units above the average quality standards of low-income units in the building, do you elect
to reduce eligible basis by disproportionate costs of non-low income units under section 42(d)(3)(B)? o Yes o No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Electto begin credit period the first year after the building is placed in service (seclion 42(f)(1)) . . . . . . .. dyes No
b Elect notto treat large partnership as taxpayer (section 420)(5)). . . . . . . . . . . . . . . . . . . . . . . .. ~ Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 20-50 0 4~ m 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project(section 142(d)(4)(B)) (see instructions) 0 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified Iow-income housing project and meets the requirements of Internal
Code section 42. I havee ined this form and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.
~ _ ._______ ~__ J0- J!:1&!L'-I3 :; ~ J ~LII-2-
Signature Taxpayer identification number Date

~.-------
Cieorg.e_Mirmelstein ~. . 260;;7 _
Name (please type or print) lij}\ yeol

For Privacy Act and Paperwork Reduction Act Notice, see Instructions. Cat. No. 63981U Form 8609 (Rev. 12-2006)
3 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev.December2005)
Department of the Treasury Allocation Certification OMS No. 1545-0988
Internal Revenue Service
------~--------------------------------------------------------~----------------
Allocation of Credit. Caution: of
Use for allocations made in 2005 and later or, in the case buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.
Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3700 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA0407001

1a Date of allocation •. 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 55,890

2 Maximum applicable credit percentage allowable .. , , , . 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a $690,000
Check here ~ 0 if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . 1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .
5 Date building placed in service. . . . . . . . . . . . . . ~ 12/26/06
._--------------- 0. __ -

6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b [gJ
Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e} rehabilitation expenditures federally subsidized e 0 Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,

~\________
//LU~
/~
and that I have examined this fon~~

{£t~I!_.-------.
b/ ~t
r
of my knowledge and belief, the information is true, correct and complete.

~_..~
-------~~---~-/
JAMES M. CHANDLER
~------.---------.-----------------------------------------------------.
AUTHORIZED /2 - Zct--O/:.
OFFICER
/---~--------------j-----------~
~
--- . Signature of authorize official Name (please type or print) Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eliqible basis of buildinq (see instructions) . . . . .. .......... 7 (;,,90 (JOt.)


8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . 8a I:,90 (H!)()
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? ............ . , .. . , , ........ , 0 Yes 0 No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? , ... 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each eleclien:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(0(1)) . ........ ~ Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) . fi.d Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 fi2f 40-60 0 25-60 (~H.C. only)
d Elect deep rent skewed project (section 142(d}(4}(B)) (see instructions) 0 15-40
Under penalties of pe~ury, Ideclare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. I have ex this form and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.

Signatimi ---~-t~~e~tn~tf-nuiilbe;-----------
..----· ~---------~~J'l~~--
..
~----------G-~2~@~tY~r'!!P_-~·~~~~~-~
~----~-~-t-------TaX-Y-ear--..--·---------·--------------·---------------------------.-------------------
For Privacy Act and Paperwork Reduction Act. Notice, see instructions. Cat. No. 63981U Form 8609 (Rev.12·2005)
4 TAB N - Forms 8609
Form 8609 low-Income Housing Credit
(Rev. December 2005)
Department of the Treasury
!ntenaIRevenu:'.e~Se::rv::;:ic6~...l
Allocation Certification L....
OMS No. 1545-0988
_
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3701 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address. and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite IF
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA0407011

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 4,149

2 Maximum applicable credit percentage allowable ................•.......... 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a $51,222

Check here ~ 0 if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . 1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .....
5 Date building placed in service. . . . . . . . . . . ~ 8/4/06
._------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b 0
Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e ~ Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) g ·0Allocation SUbject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and to ttwaest of my knowledge and belief, the information is true, correct and complete.
~~.~ JAMES M. CHANDLER
1-
~('//£~~/-tt
,------
--.....-" /- ..,.....-"'""''''§
l.._----c;:?'~-:.._
--------------7-.---------------------------.e--.ff,,-- -?
~ AUTHORIZED ._L__~ OFFICER .
.--------------------------------------------------------------------.
~ / ;2 ~-..z;;-t:Oc;,.
- Signature of authorized official'" Name (please type or print) Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Biqible basis of buildinQ (see instructions) .......... . . . . . . ... , 7 $1 ~~:J-


8a Original qualified basis of the building at close of first year of credit period . . 8a $1 pt..t.;l.
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , ...... 0 Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? ... 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) . ....... ~ Yes 0 No
b Elect not to treat large partnership as taxpayer (section 420)(5)) .. [0 Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 !0 40-60 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15-40
Under penalties of pe~ury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. 1 have examined thi orm and attachments. and to the best of my knowledge and belief, they are true. correct, and complete.
~·---------------------------STa ~.'. .~
Jrlc-'-'-'-:-"--'-----------~-------
~ ~g__
~_~_~f_1._?:_.Jr.
Taxpayer identification number
.
~----------G-~a~~p~~iy~~~~-eJst-el0~------~-~~1-----TaY:Year-------------------------------- -----------------------------------------------
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No.63981U Form 8609 (Rev. 12-2005)
5 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department of the Treasury Allocation Certification OMB No. 1545-0988
IntemaIRever.u:.;:e~Se::rv::;;ice::""-1 L.. _

Allocation of credlt, Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3701 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond. VA 23220-6504
C Name, address, and TIN of building owner receiving allocation o Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 warwick Boulevard, Suite IF
New~ort News, VA 23602 E Building identification number (BIN)
TIN 20-0994235 VA0407011

1a Date of allocation II> 12/21/06 b Maximum housing credit dollar amount allowable. 1b $ 13,388

2 Maximum applicable credit percentage allowable . 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . " . 3a $165,284

Check here II> D


if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . . . . . . . . ., . . . . . . . . . . . . . . . . . . • .

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) . . . . . . . .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . II> 8/4/06
---------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a D Newly constructed and federally subsidized b D Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e l'8JSec. 42(e) rehabilitation expenditures not federally subsidized
f D Not federall~ subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 D Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,

~.>
.:« ~L/ \~
and that I have examined th.iSform and t;:.L:Z~be.st f.my knowledge and belief, the information is true, correct and complete .

h··· )1--1 . ~
JAMES
AUTHORIZED
M. CHANDLER
OFFICER ~ L'2 - .2/-(!7C
.f-------~--------.P---------- --=----------. t-? -..... ---------------------------------------------------- .- -----------------------
/ Signature of authorized official .;? / Name (please type or print) Date

First-Year Certifi,cation - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eligible basis of building (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7


8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . . . . . . . . 8a
b Are you treating this building as part of a multiple building project lor purposes of section 42
(see instructions)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? . o Yes D No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? D Yes D No
10 Check the appropriate box for each election:
Caution; Once made, the foliowing elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(1)(1)) . Yes D No
b Elect not to treat large partnership as taxpayer (section 42G)(5)) . Yes
c Elect minimum set-aside requirement (section 42(9)) (see instructions) 0 20-50 ~ 40-60 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 15-40
Under penanies of perjury, I declare that the above building continues to qualify as a part of a qualified low- income housing project and meets the requirements of Internal Revenue
Code section 42. J have examined thi rm and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.
II> '-Jt>--.
.----------------------:s:-- ,,2~-tJ'i941:LJ$'
·---------Taxpaye~ • ;-----------------------------. ~. ideniificationnumbe;----------------
~1~1~_2._._
Date
~ ~~~.~.9~~
..~_~_~_~_~_~~!~~!'--.-.~I:J.-~-7-----------------.-'"..-..---.--.--- -- -..__.
Name (please type or print)
II>
Tax year
_. ._
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981U Form 8609 (Rev. 12·2005)
6 TAB N - Forms 8609
form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department or the Treasury Allocation Certification OMB No. 1545-0988
InleroaIRevenu:e,:::Se::,:rv::,:;:ice::..........I. .1.- _
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3702 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite IF
Newport News, VA 23602 E Building identification number (BIN)
TIN •. 20-0994235· VA0407002

1a Date of allocation •. 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 55,965

2 Maximum applicable credit percentage allowable . . , . . , . . . . . . , . . , . . • . . . . 2 8.21%


3a Maximum qualified basis. .,....,..............,................. 3a $690,926

Check here •. D if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d){5){C). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . . . . , . . . ... ..."...,...... 1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-,) , ....
5 Date building placed in service. ....,..,... . , . . . . . ~ 12/26/06
-------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a D Newly constructed and federally subsidized b ~ Newly constructed and not federally subsidized c Existing building D
d D Sec. 42(e) rehabilitation expenditures federally subsidized e D Sec. 42(e) rehabilitation expenditures not federally subsidized
f D Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 D Allocation subject to nonprofit set-aside under see, 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this fomn and to the;,Pes~of my knowledge and belief, the information IS true, correct and complete,
-:/'_ /1 JAMES M. CFJ\NDLER

• ~"~. -----A~~~~~iY~~~~~--- •
__
/~_:_l:_'l~~
Date

/
First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eli~ible basis of buildin~ (see instructions) , . . . . . 7 ~90J


8a Original qualified basis of the building at close of first year of credit period . . . . . 8a '90
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? , , . 0 Yes [ff No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(8)? 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(D(1)) . B Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42U)(5)) .. ~ Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) D 20-50 [!3"" 40-60 D 25-60 (NYC. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) D 15-40
Under penalties of pe~ury, Ideclare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. I have examined this form and attachments. and to the best of my knowledge and belief. they are true, correct, and complete .

..-------------------~~~~~~~------------------
..-----J~-fi~!i!~~~f~~~~~r-----------------·
.. ----------id-'!I--G-1-
•. ----------G 'fpSs'tY-M~iftelsteln ~-----4-(!-~7-----TaX-Year--·------··· ----------------. ----------------------------------------.---
For Privacy Act and Paperwork Reduction Act Notice, see instructions, Cat. No. 63981U Form 8609 (Rev 12-20051
7 TAB N - Forms 8609
Fonn 8609 Low-Income Housing Credit
(Rev. December 2005J
Department of the Treasury Allocation Certification OMB No. 1545-0988
Internal Revenu:,€,:::Se:,:"'.::::ice::.......J.. ~L..- _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3703 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation o Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602 E Building identification number (BIN)
TIN • 20-0994235 VA0407012

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 17,537

2 Maximum applicable credit percentage allowable . 2 8.21%


3a Maximum qualified basis . . .. . 3a $216,506

Check here ~ 0 if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions). . . 1 %

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) . . . .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 8/4/06
-------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b 0 Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e [gJ Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and t07.1h.{l t-ot my knowledge and belief, the information is true, correct and complete.
,/ ,
/4 /' JAl"1ES . M. CHANDLER
~ //A-..----;:::e.
...--_._._------,--------1a
--""-
1.........,.....,.,.
-----~--~"--~~
__
'}
~ AUTHORIZED OFFICER
.---------------------------------------------------------------
~ ._L /;;> - 2-?-tfCJ ~
~
.// Signature of authorize olficial ' Name (please type or print) Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 EliQible basis of buildinQ (see instructions) . 7


8a Original qualified basis of the building at close of first year of credit period . . . . . 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . . . . . . . . . . . . . .. . . o Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? .. o Yes o No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? o Yes o No
10 Check the appropriate box for each election:
Caution: Once made, the fol/owing elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) . Yes o No
b Elect not to treat large partnership as taxpayer (section 42U)(5)) .. Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 [!J 40-60 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 15-40
I'
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. I have examined and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.
~__ ~_~_~_~~~.f
.__________________________
_ :~~ .__________
~ 4~__
~__ .
Taxpayer identification number
~ ~_~_'!!.._l. .
Tax year
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981 U Form 8609 IRev 12·2005)
8 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department of Ihe Treasury Allocation Certification OMS No. 1545-0988
InternaiRevem~le.;;;;Se:.:rv::ice~.....I. .1..- _
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later,

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use p, O. box) (see instructions) B Name and address of housing credit agency
3704 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation o Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
New~ort News, VA 23602 E BUilding identification number (BIN)
TIN ~ 20-0994235 VA0407003

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 60,578

2 Maximum applicable credit percentage allowable , , , , , , . , , , , , , . , , , , , , 2 8.21%

3a Maximum qualified basis . , , , , . , , , , . . . , , , , , , ., """""" 3a $747,877

Check here ~ 0 if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C), Enter the percentage to which the eligible
basis was increased (see instructions) , , , , , , , , ., , , , , , , , , , , , . , , 1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) , .
5 Date building placed in service, , . , , . , . , , , , , , , . , , , , . , , ~ 12/26/06
._---------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a D Newly constructed and federally subsidized b 0 Newly constructed and not federally subsidized c D Existing building
d D Sec. 42(e) rehabilitation expenditures federally subsidized e D Sec. 42(e) rehabilitation expenditures not federally subsidized
f D Not federally subsidized by reason of 40-50 rule under sec, 42(i)(2)(E) 9 0 Allocation SUbject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and to the bjlSMf my knowledge and belief, the information is true, correct and complete,
'*'
"----;'7]!:/ /~!/' JAMES M, CHANDLER

A..A:. AUTHORIZED OFFICER ~


7
~ (~.- ~ • ..-."._ •. ~ < ;-<". ~
-----.~.....-#-~~---.-----.-.-.---'----------~""-----~ ') ._._------------_._--_._--------------_._---------_._-----------------.--.-
Signature of authorizedOffiCfiiT Name (please type or print)

I
First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 EliQible basis of buildinq (see instructions). , , . , , , , , , , , , , , , , . , , . , . , , .. 7


8a Original qualified basis of the building at close of first year of credit period , , . , , . , , . , 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . , , , , .. , . , , , , , , .. 0 Yes [M' No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes D No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(0(1)) , [g- Yes D No
b Elect not to treat large partnership as taxpayer (section 42(j){5)) , [3 Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) D 20-50 [i?' 40-60 D 25-60 (N,Y,C, only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) D 15-40
Under penalties of perjury. I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
. Code section 42. I have examined this rm and attachments, and to the best of my knowledge and belief, they are true, correct, and complete,
~ (J. 099 ~,3.,J~
8ig ture Taxpayer identification number
~...
--..GeQ
Name
Mi[melstein
e type or print)
~--.-~.I!?-~l-.-.-.------------.---------
Tax year
..---------------.
For Privacy Act and Paperwork Reduction Act Notice, see instructions, Cat No.63981U Form 8609 fRev. 12·2005)
9 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department of the Treasury Allocation Certification OMS No. 1545-0988
InternaiRevenu;::e.::Se;:,:rv::::,ice::.....-1 .1.- _
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3705 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News , VA 23602 E Building identification number (BIN)
TIN ~ 20-0994235 VA0407013

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 17,537

2 Maximum applicable credit percentage allowable ...........".,......,. 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a $216,506

Check here ~ 0 if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) ., , . 1 %
4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) ... , .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . ~ 12/19/06
._-------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b 0 Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e I;g)Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this fo.rm anQit e-eest of my knowledge and belief, the information is true, correct and complete.
/' ' JAMES M. CHANDLER
~(/
'. .....__.__
__ __
._. ~'.J
..._~_~_J"'..~~
--.---~ ~._. . .AUTHORIZED
._._. . OFFICER
.. ._._. ..__ .
._. ._._ ~
-/-
J;z
.
-..2 7'.... ~e!?/;"
••. _._ ._._.<"P."
Signature of authorized official Name (please type or print) Date
~
f

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 EIi[jible basis of buildin[j (see instructions) .. . . . . . . . .... , . . . , .... , ...... 7


8a Original qualified basis of the building at close of first year of credit period ....... 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? .... , .... . . . ...... , ......... 0 Yes ~ No
9a If box 5a or box 5d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? .... , . 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the fol/owing elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) .. ....... [g Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42U)(5)) .... '.' ...... ~ Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 0' 40-60 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-iocorne housing project and meets the requirements of Intemal Revenue
Code section 42. I have examined this f m and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.

~.-------------------------------- ---------------------------------- ~ ._...~_~_.=_.~_f._'l_.~_~_~f. .


Taxpayer identification number
~__
. ._.__
~~~_~_g~:~_~~_~~.~~.~.~~!!1
~ ~_!t_~.L..
Name (please type or print) Tax year
.._._.._.. . _
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981 U Form 8609 (Rev. 12·2005)
10 TAB N - Forms 8609
Form 8609 low-Income Housing Credit
(Rev. December 2005)
Department of the Treasury Allocation Certification OMS No. 1545-0988
InternaIRevenu!'e~Se::rv~ice~--1 1- -:-. _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) 8 Name and address of housing credit agency
3706 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602 E Building identification number (BIN)
TIN ~ 20-0994235 VA0407004

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 75,173

2 Maximum applicable credit percentage allowable . . . . . . . . . . , . . . . .. .....,.., 2 8.21%

3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a $928,062

Check here ~ [gI if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . . , . 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) ..
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 12/21/06
._-------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b [gI Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0
Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and ~~e b;rormy knowledge and belief, the information is true, correct and complete.

·_~JP~L-~-------~;;R;:~~;~~~"------·-Li!_:2L:t2_~
/ Signature of authorizEl'itoffieiar---- Name (please type or print) Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eliqiole basis of buildinQ (see instructions) ..... , ...... I •••• , 7


8a Original qualified basis of the building at close of first year of credit period . . . . . . 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? ............................ . . . . . . . . . . . . ........ 0 Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? ....... 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(D(1)) . ..... , .. [M- Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) .. ~ Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 [B'" 40-60 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15-40

Under penalties of perjury. I declare that the above building continues to qualify as a part of a qualified low- income housing project and meets the requirements of Internal Revenue
Code section 42. I have examined this rm and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.

Sign ure
~ ~_IJ_~__~_f~_1.~_~.£
Taxpayer identification number
. ~------~
ole~-~~.J~-i-·
~--------.G·1J~~~!t~~tWetstem
~ ------~ ..~ ..1!.-1-.----------.-----------------------------
Tax year
...-... -----.----------------------------------------.
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981U Form 8609 (Rev. 12-2005)
11 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December2005)
Departnentof theTreasu:y Allocation Certification OMS No. 1545-0988
InternalRevenu:.::.e.::;Se:.;:rv:.:,::ic8::--L L.- _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis D Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3708 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA040700S

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 74,650

2 Maximum applicable credit percentage allowable . . . . . . . . . . . . . . 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . 3a $921,605

Check here ~ I:8l if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . . . . . . . . .. .. . . 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .....
5 Datebuildingplacedinservice ~ 12/21/06
6 Check the boxes that describe the allocation for the building (check those that apply)~---------------------
a D Newly constructed and federally subsidized b I:8l Newly constructed and not federally subsidized cOExisting building
d D Sec. 42(e) rehabilitation expenditures federally subsidized e 0 Sec. 42(e) rehabilitation expenditures not federally subsidized
f D Not federall~ subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only

~____
...
,
.-_
.
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Intemal Revenue Code,
and that I have examined this form a~.JIQ...t~ebest of my knowledge and belief, the information is true, correct and complete.

a
(~""'.r--/'1t.·L__
.
/
9" j""

Signature of authorized official


/'" .
."~;i...,.
I.<J!!....-;; ~ .
JAMES M.
AUTHORIZED
..
CHANDLER
OFFICER

Name (please type or print)


_ ~ 17 ...-,2
.__L..-k:_
Date
9' -ct:Jt,:
.

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eliqible basis of buildinq (see instructions) ........ . .... , ...... 7


8a Original qualified basis of the building at close of first year of credit period . . . . 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . . ... . . . . . . .
, . . . . . . .... . , , . ... , ' ... 0 Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)7 ....... 0 Yes D No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))7 D Yes D No
10 Check the appropriate box for each election:
Caution: Once made, the folloWing elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) . ~ Yes D No
b Elect not to treat large partnership as taxpayer (section 420)(5)) ........ 1M Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) D 20-50 [13 40-60 0 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue

~-'-
Code section 42. I have ex

~ .. GJ~Qrg-~---M-'-rm~-~-~~~~.~
~-------~
..f-O-7_----
Name (please type or print)
orm and attachments. and to the best of my knowledge and belief, they are true, correct, and complete.

.---.--'----------------~- - ----------------------------------------
Signature
~ ~~_~_:_~_t~~_~_f
Taxpayer identification number
--------------------..---------..-- .
Tax year
Cat. No. 63981 U
.

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Form 8609 (Rev. 12-2005)
12 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December2005)
Department 01 the Treasury
Internal Revenu;:8,;;:Se::,;rv:;,::ice::....-I.
Allocation Certification &...
OMB No. 1545·0988
_
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: D Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3710 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation o Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite IF
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20·0994235 VA0407006

1a Date of allocation ~ 12/21/06 b Maximum housing credit dollar amount allowable. lb $ 79,756

2 Maximum applicable credit percentage allowable ~2_+--=8...:. ..::.2.::.1..:.;%~ _


3a Maximum qualified basis . . . . . . . . . . . . . . . . . . . . . .. 3a $984, 642
Check here ~ [8J illhe eligible basis used in the computation of line 3a was increased under
the high·cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . •. 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (II zero, enter- 0·.) .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 12/21/06
-------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b [8J Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures lederally subsidized e 0
Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40·50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties 01 periury, I declare that the allocation made is in compliance with the requirements of section 42 of the Intemal Revenue Code,
and that I have examined this form and toJ.b.e..b~srot my knowledge and belief, the information is true, correct and complete.

_,//l'/ h//>""';;' JAMES M. CHANDLER / Z ;Z I '"

.~?-<~:A~~
....7/ ~~"-.L~'?;?/'t
Signature of authorized official
~:.:.=~.~~
..~~~5?~:~~~
__ _.._ _ ~ L!.
Name (please type or print)
~= _.t.=£:{:~:
Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eligible basis of building (see instructions) ............... .................. 7 :L-


8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . . , ..... 8a :J-
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? ............................................. 0 Yes No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? ...... 0 Yes No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) . . . , .. . . . 0' Yes 0 No
b Elect not to treat large partnership as taxpayer (section 420)(5)) ......... ...... ........ ~ Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20·50 0 40·60 0 25·60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15·40
Under penalties of pe~ury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. I have exa . ed this fa tta ments, and to the best of my knowledge and belief, they are true. correct, and complete.

~ -..~PT=.(!_'itiJJ.~
Taxpayer identification number
__ ~.-.....
~~.']1~7
-~. ..
~ G.e.o.rge M.i.rm.el~t~iJl ~ ~.~..~.7Tax year
.Name (please type or print)
- - _ - .
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981U Form 8609 (Rev 12·2005\
13 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department or the Treasury Allocation Certification OMS No. 1545-0988
Interna!Revenu;,:;e.,:::Se::.:,;fV:;,ice::-....L L... _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3712 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
.13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA0407007

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 79,756

2 Maximum applicable credit percentage allowable . . . . . . . . . . . . . . . . . . . . . . . .. 2 8.21%


r---~-----------------
$984,642
3a Maximum qualified basis . . . . .. 3a
Check here ~ jgJ if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .
5 Date building placed in service. . . . . . . . . . . . . .. ~ 12/21/06
._------------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b [8J Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0 Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official- Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form and to .~h?est of my knowledge and belief, the information is true, correct and complete.

/ /~y JA1\1ES M. CHANDIJER

~ /'-- . ) '1.-1.,( ( . .,$-t:., -...----'7 ~ AUTHORIZED OFFICER ~ _L__<Z~-2°-


!. L s» .C;
~
-i.- ---Sign-atUre-ofaliihor~fficial-----~ / .--------------------Ni;me-(pleasetype-o-r-prlnt)-------------------- Date
/
First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eliqible basis of buildinq (see instructions). . . . . . . . . 7 :2-


8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . . . . . . . . 8a .2-
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? , . 0 Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(8)? 0 Yes 0 No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(D(1)) . Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) . Yes
",.
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 [!f 40-60 25-60 (N.Y.C. only)
d Elect deep rent Skewed project (section 142(d)(4)(B)) (see instructions) 15-40
Under penalties of perjury, I declare that the above building continues to qualifyas a part of a qualified low-income housing project and meets the requirements of Internal Revenue

C;d~_::~:~~~,~_~
__ ~.~:_~~;~:.~~.t:~_~:_~~_the
Signature
best ~ ~~_~::i_~~_~.~e~:ff?l~~~~~~~~~~_~_~~:~I~te.
Taxpayer identification number
~ .---------~D'-ai_e--1Ll/1
~ . G.eo.rgf.t.Ml[m_e_b>-t~in ~. J::f!._~_2 ._.________
_ . .
Name (please type or print) Tax year
For Privacy Act and Paperwork Reduction Act Notice, see instructions, Cat. No. 63981 U Form 8609 IRev 12·2005)
14 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev. December 2005)
Department 01 the Treasury Allocation Certification OMS No. 1545-0988
IntemaIRevenu::;,e.::;Se:;:,;rv.::;ice:-......L 1.- _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or laler.

Check If: D Addition to Qualified Basis D Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3714 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite 1F
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA0407008

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 74,650

2 Maximum applicable credit percentage allowable . . . • . . . . . . . 2 8.21%


3a Maximum qualified basis . . . . .. . . . . . . . . . . 3a $921,605

Check here ~ r8J if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 12/21/06
.-----------------~-----
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b r8J Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0
Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42{i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,

~---4,,- •.--
__
/
I~/""-;.'/
('---I
and that I have examined this form and to the ~st,,0fii'i)7 knowledge and belief, the information is true, correct and complete.

-ft,t Vi--? ~1~


JAMES

AUTHORIZED
M. CHANDLER

OFFICER ~
1 .... . P I' --------------------------------------------------------------------------
/ Signature of authorized official .••..• Name (please type or print)
/
First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eli~ible basis of buildinq (see instructions). . . . . . . . . . . . . . . . . .. 7


~--~~~~~~-------
8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . 8a
L-__ ~~~-=~~ _
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? .. . . D Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? D Yes D No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? D Yes o No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) ..•...... Yes o No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 [B' 40-60 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42. I have examine is form and attachments. and to the best of my knowledge and belief, they are true, correct, and complete.
~ -. ~ JIJ . () ~fj4;'3!'
---··----Taxpayer·j;jentiiiC;;tlon-number---------------- ~-.----------2.l-'-l(!.-'
.~n~uffi • Dale
~ G~Qrg-~---M-~.rm-~-~-~~~~-~
~ ------~Il!!.1__-----------------------,--------------------.
Name (please type or print) Tax year
----------------------- .
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 63981U Form 8609 (Rev. 12·20051
15 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev.December2005)
Deoartnent of the Treasury Allocation Certification OMB No. 1545-0988
Internal Revenu::e,:;Se:;;,;"'::;;:·ic:;,.e _..L... -L _

Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later.

Check If: D Addition to Qualified Basis D Amended Form

A Address of building (do not use P. O. box) (see instructions) B Name and address of housing credit agency
3718 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 vlarwick Boulevard, Suite IF
New~ort News, VA 23602 E Building identification number (BIN)
TIN ~ 20-0994235 VA0407009

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable. 1b $ 74,682

2 Maximum applicable credit percentage allowable . . . . . . . . . . . . . . . 2 8.21%


3a Maximum qualified basis . . . . . . . . . . . .. . 3a $922,000

Check here ~ ~ if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) . . . . . .. . . 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-.) .
5 Date building placed in service. . . . . . . . . . . . . . . . . . . . . . . ~ 12/21/06
._----------------------
6 Check the boxes that describe the allocation for the building (check those that apply):
a 0 Newly constructed and federally subsidized b b8l Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0
Sec. 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocaiion subject to nonprofit set-aside under sec. 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined this form ~rest of my knowledqe and belief, Ihe lntorrnation is true, correct and complete

,~~~~ , ;~~~~~~:~~}~------
' R=~,~~g;.
I
First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eligible basis of building (see instructions) , [U ~;). 0-0 () t

8a Original qualified basis of the building at close of first year of credit period . . . . . . . . . . . . . . .. ~'J. J'I "4) tJ
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? . . . . . . . . . . . . . . . . . .. . . o Yes ~ No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? . D Yes o No
b Do you elect to reduce eligible basis by disproportionate costs of non~low-income units (section 42(d)(3))? o Yes o No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable.
a Elect to begin credit period the first year after the building is placed in service (section 42(1)(1)) ..•..... iff Yes o No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) .. [8'" Yes
c Elect minimum set-aside requirement (section 42(g)) (see instructions) 0 20-50 ~ 40-60 o 25-60 (N.Y.C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) o 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets tile requirements of Intemal Revenue
Code section 42. I have exam' ed tIlis form and attachments, and to tile best of my knowledge and belief, tIley are true, correct, and complete.

~________________ ..J?--ftj __
. :.. _~':::c..~~~.:-::::~-:~~,::~~~'""""''''''¥·~--.;.,.6---~ i~_J_f_.__. ._._. ._ ~ ~r1l~_2----. D'le
~ Geor Si~tlWirmelsteln ~ ~ ~T;x1yer identification number
_
.._----------------_.
9 ---_._-_
..
_--_._
....
__
......____________
. . .. .. . . . . .
Name (please type or print) Tax year
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cal. No. 63981 U . Form 8609 (Rev 12-2005\
16 TAB N - Forms 8609
Form 8609 Low-Income Housing Credit
(Rev, December 2005)
Department of the Treasury Allocation Certification OMS No, 1545-0988
_..L..
Internal Revenu;.;,e.,;.Se;,..rv..,;ic.;.,e ...•.. _
Allocation of Credit. Caution: Use for allocations made in 2005 and later or, in the case of buildings financed with
tax-exempt bonds, bonds issued or buildings placed in service in 2005 or later,

Check If: 0 Addition to Qualified Basis 0 Amended Form

A Address of building (do not use P. 0, box) (see instructions) 8 Name and address of housing credit agency
3720 Delmont Street Virginia Housing Development Authority
Richmond, VA 23222 601 S. Belvidere Street
Richmond, VA 23220-6504
C Name, address, and TIN of building owner receiving allocation D Employer identification number of agency
Delmont Associates Limited Partnership 54-0921892
13195 Warwick Boulevard, Suite IF
Newport News, VA 23602
E Building identification number (BIN)
TIN ~ 20-0994235 VA0407010

1a Date of allocation ~ 12/10/04 b Maximum housing credit dollar amount allowable, 1b $ 46,978

2 Maximum applicable credit percentage allowable , ... ' .. ', ..•...•.. , ..• 2 8.21%
3a Maximum qualified basis .. ,........,.....,. ' . . . . . . 3a $579,975

Check here ~ [gI if the eligible basis used in the computation of line 3a was increased under
the high-cost area provisions of section 42(d)(5)(C). Enter the percentage to which the eligible
basis was increased (see instructions) , , . . . . .. . . . . , .. , 130%

4 Percentage of the aggregate basis financed by tax-exempt bonds. (If zero, enter - 0-,) .
5 Date building placed in service, . . . . . . . , . . . . . . . . . . ~ 12/21/06
._-------------------------
6 Check the boxes that describe the allocation for the bLiilding (check those that apply):
a 0 Newly constructed and federally subsidized b [gI Newly constructed and not federally subsidized cOExisting building
d 0 Sec. 42(e) rehabilitation expenditures federally subsidized e 0 See, 42(e) rehabilitation expenditures not federally subsidized
f 0 Not federally subsidized by reason of 40-50 rule under sec. 42(i)(2)(E) 9 0 Allocation subject to nonprofit set-aside under see, 42(h)(5)
Signature of Authorized Housing Credit Agency Official - Completed by Housing Credit Agency Only
Under penalties of perjury, I declare that the allocation made is in compliance with the requirements of section 42 of the Internal Revenue Code,
and that I have examined thiS form and to t~e-i58st of my knowledge and belief, the information is true, correct and complete,
-~y
..~,;1',. /r' ( JAMES M _ CHANDLER
~----""-----,~--lB--------L-------'---~-~--------------'2/.
(""--:""._)."'tj
/-;"
_~~':$<~' .. /
Signature of authorized offiCial
-4 •• AUTHORIZED OFFICER
----------------------------------------------------------------------------
Name (please type or print)
•• ·<2 -.29-e~
L---~---------------,----------------, '
Date

First-Year Certification - Completed by Building Owners with respect to the first Year of the Credit Period

7 Eliflible basis of buildinq (see instructions), .. . ' ., , '. 7


8a Original qualified basis of the building at close of first year of credit period . . . . . . 8a
b Are you treating this building as part of a multiple building project for purposes of section 42
(see instructions)? ' . , . 0 Yes [W No
9a If box 6a or box 6d is checked, do you elect to reduce eligible basis under section (42(i)(2)(B)? .. 0 Yes D No
b Do you elect to reduce eligible basis by disproportionate costs of non-low-income units (section 42(d)(3))? 0 Yes 0 No
10 Check the appropriate box for each election:
Caution: Once made, the following elections are irrevocable,
a Elect to begin credit period the first year after the building is placed in service (section 42(f)(1)) , [5'" Yes 0 No
b Elect not to treat large partnership as taxpayer (section 42(j)(5)) IE']' Yes
c Elect minimum set-aside requirement (section 42(9)) (see instructions) 0 20-50 [W' 40-60 0 25-60 (N,Y,C. only)
d Elect deep rent skewed project (section 142(d)(4)(B)) (see instructions) 0 15-40
Under penalties of perjury, I declare that the above building continues to qualify as a part of a qualified low-income housing project and meets the requirements of Internal Revenue
Code section 42, I have exa ' ed this form and attachments, and to the best of my knowledge and belief, they are true, correct, and complete.

~------------------- ---Sign-atu-re----------------------------------~ -----~-~a;:pa!e-r-~!!it~o1rfmber------------------ •. ~/~-I(J-'-


~ ----------G-~a~~p@~ty~~~~I~!~I!l ~ -;:.-~~-l--------:fax-year------------------------------- ----------------------------------------------
For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No, 63981U Form 8609 (Rev. 12-2005\
17 TAB N - Forms 8609
18 TAB N - Forms 8609
DIVIDER PAGE

TAB P - DOCUMENTATION ON OPERATING BUDGETS


1 TAB R - Assumptions on Operating Expenses

Emmanuel House Senior Residences ‐ Operating Expense Assumptions
TAB R

1‐ Assumption on Water
Source: Shelter Property Management & NPN Utility Department
Consumption of 100 gallons per unit per day
110 x 68 units x 30 days = 224,000 gallons per month
divided by 725 = 310 CCF
Per CCF
Water 3.54
Sewer 3.78
HRSD (Water Treatement Fee) 4.18
Total $         11.50
Monthly Charge:
$11.50 x 310 CCF = $         3,565
Annual Budget $       42,804
Water Annual $       27,823
Sewer Annual $       14,981

2‐ Assumption on Trash Services
Source: Shelter Property Management
Cost is $6.25 per unit per month
$7.53 x 68 units x 12 months = $         6,142

3‐ Assumption on Elevator maintenance
Sources: Otis Elevator / Shelter Property Mgmt
Monthly Charge $            975
Yearly Charge $       11,700

4‐ Assumption on Insurance
Source: Nationwide Insurance / Shelter Property
Hazard insurance includes $3MM per occurrence;
Shelter carries an additional $10MM, included in
their mgmt fees $         8,000

5‐ Assumption on Property Taxes
Source: Suffolk City Tax Assessor's Office
Based on appraised value of $7.08MM for building
100% assessed value; rate of $1.10 per 100 $       77,880
1 TAB Q - UTILITY ALLOWANCES

DIVIDER PAGE 
TAB Q ‐ UTILITY ALLOWANCES 
 
2 TAB Q - UTILITY ALLOWANCES
FE~~22-2010 MON 02:5Q p~ NNRHA SECTION 8 oce, FAX NO, 757 247 7117 p, 01
:./1 i :/
'.
""'

A1lowanc•• far Tenant,. us, nEPARTIIINT 01' HOU8I~(J OMB AjlPfDVaINo. 2177.01"
AND URaAN DfMil.OPllliHT Cexp. (117/41102007)
Fumllhed Utflltlaa and ~ Dr PIGIJc and Indlln HouaInD
Other Sorvlcas
LoCIIIty. UnlType Data (mmJddlWYY)
GardunIHlgh Rlae Apt 10/01/09
I New!Iort Ntwa RodawloDmlf1t And HQUI na'Author\l\', VA
uuaty or Servtce ManthlY Dollar A11ow1llCB8
JIlIBR 1BR 2BR !DR 04BR 8M
•• Natural GII6 \ '34 4D 45 47 sa 68
b. Boltle Gaa 77 IJ1 100 110 129 150
, I 38 42 88 67 92 111
d, PuelOD
•• HeatPIII11D
a. Nltural Gal 2 3 :I :. 3 ••

Cooklllg
e 7 8 G 10 10
Co ElICtric Ii e T 7 8 G
d. MlCIOWBVe 3 4 4 I) s 6
OihllrElecIIfa 18 2S 28 34 40 44
Air Conditioning IS 8 8 11 13 14
•• Nat/.6lll Ga_ 12 11) 18 24 3D ee

d. FualOiI
13 20 24 35 40 47
8 20
TI'I.tI CoWon 115 15 111 16 Hi 15
3 ~ 3 3 3 3

EJIIClrlc
Q. 7 7 7
"
7
- 7 '7 -,
OIlIer "ljlllcify b. Nam! Ga. 1D 10 10 10 1D 1D
Clalamar Oha'llD a. El8CII1o Tax 3 3 :s 3 3 :s
ct. Nit Baa TJDC 2 2 2 2 2 2
UIIlItv or SeNIt!A

Name or f'anlIIY ", , '


Olhllr ElaclriC

IAddrelB 0' Unit Weier

TrUhCo don

NumberofB~ma 10iiW

Total

fann t4UD-628B7 (1219n


ref Handbook 7420.8

------------_._-.- -- -------- -~---.-----,-~---~--


DIVIDER PAGE

TAB S - ASSUMPTIONS ON PROJECT BUDGETS


1 TAB S - Project Budgets Document
Emmanuel Senior Residences - Premilimary Cost Estimate
Date: 2/19/2010
Development Name: Emmanuel Senior Apartments
Location: Newport News
Contractor: Associated Contracting Services, Inc.
LINE TRADE ITEM Amount
1 Concrete 221,796
2 Masonry 301,333
3 Rough Carpentry 1,045,193
4 Finish Carpentry 162,754
5 Insulation 71,129
6 Roofing 134,994
7 Sheet Metal 4,822
8 Doors 74,746
9 Windows 38,579
10 Glass 25,920
11 Drywall 274,842
12 Tilework 34,962
13 Painting & Decorating 91,022
14 Sprinkler System 269,448
15 Cabinets 98,008
16 Appliances 139,293
17 Blinds 27,836
18 Carpets 127,792
19 Trash Chute 19,892
20 Elevators 81,377
21 Plumbing 392,989
22 Heating & Ventilation 233,249
23 Air Conditioning-Included above -
24 Electrical 398,446
25 Alarms 83,788
26 Total Structures 4,354,209
27 Earthwork 138,088
28 Site Utilities 91,093
29 Roads & Walks 142,594
30 Lawns & Planting 78,225
31 Off-Site Improvements 75,000
32 TOTAL LAND IMPROVEMENTS 525,000
33 TOTAL STRUCTURE AND LAND 4,879,209
34 General Requirements 299,062
35 Overhead 99,854
36 Profit 299,562
37 Bond Premium 72,436
38 SUBTOTAL 5,650,123
39 Engineering 13,000
40 Tap Fees 350,000
41 Soil Boring 6,200
42 Building Permit 8,600
43 TOTAL FOR ALL IMPROVEMENTS- 6,027,923

THIS BUDGET IS BASED ON THE FOLLOWING:


APPROXIMATELY 2.33 ACRE SITE
48 1-BR UNITS @ 851 SF INCLUDING PRO RATA SHARE OF CA
20 2-BR UNITS @ 1,075 SF INCLUDING PRO RATA SHARE OF CA
GROSS SQUARE FOOTAGE 64,589 SF
OFFSITE BUDGET ASSUMES SOME TURN LANE IMPROVEMENTS
DIVIDER PAGE

TAB V - NONPROFIT PURCHASE OPTION


1 TAB V - Nonprofit Purchase Option

Prepared by and to be returned to: Tax Map Parcels: 267000247 &_267000286 & 267000285
Kanady & Quinn, P.C.
9200 Forest Hill Avenue, Suite C
Richmond, Virginia 23235

PURCHASE OPTION AND RIGHT OF FIRST REFUSAL AGREEMENT

This Purchase Option and Right of First Refusal Agreement (this "Agreement") is made
as of the t,~ day of mo-."':"~ 2010, by and between EMMANUAL HOUSE
SENIOR RESIDENCES 2010, L.P. a Virginia limited partnership (the "Partnership" and to be
indexed as "Grantor") and EMMANUEL HOUSE, INC. , a Virginia nonstock corporation
exempt from federal income taxation under Section SOl (a) and 501(c)(3) of the Internal Revenue
Code of 1986, as amended, and whose primary purpose is providing housing to low-income
families ("Grantee")

WHEREAS, the Partnership is wholly owned and controlled by Grantee through its
ownership of all of the issued and outstanding stock of Emmanuel House Senior Residences
MMX Corporation, the General Partner of the Partnership; and

WHEREAS, Grantee will be instrumental in the negotiation of an option to purchase


certain property in the City of Newport News, Virginia as more particularly described in Exhibit A
attached hereto (the "Project Property"), and the acquisition of the Project Property, upon which the
Partnership will rehabilitate and operate a 68-unit apartment complex in one residential building
(the "Project") and will act as guarantor of the obligations of the General Partner in the continuation
of the Partnership for the further development of the Project; and

WHEREAS, the Project Property is or will be subject to one or more governmental


agency regulatory agreements (collectively, the "Regulatory Agreement") restricting its use to
low-income housing and may become subject to a low-income use restriction (the "Special
Covenant") pursuant to the terms and conditions of this Agreement (such use restrictions under
the Regulatory Agreement and any Special Covenant being referred to collectively herein as the
"Use Restrictions"); and

WHEREAS, Grantee desires to provide for the continuation of the Project Property as
low-income housing upon termination of the Partnership's ownership of the Project by Grantee
purchasing the Project Property at the applicable price determined under this Purchase
Agreement and operating the Project Property in accordance with the Use Restrictions; and

WHEREAS, Grantee has negotiated and required that the Partnership shall execute and
deliver this Purchase Agreement in order to provide for such low-income housing.

NOW, THEREFORE, in consideration of the execution and delivery of the Agreement


and the payment by the Grantee to the Partnership of Ten and 00/1 00 Dollars ($10.00) and other
good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged,
the parties hereby set forth the following:
2 TAB V - Nonprofit Purchase Option

1. Grant of Option. The Partnership hereby grants to Grantee an option (the


"Option") to purchase the real estate, fixtures, and personal property comprising the Project
Property or associated with the physical operation thereof, owned by the Partnership at the time
of purchase (the "Property"), after the close of the fifteen (15) year compliance period for the
low-income housing tax credit for the Project Property (the "Compliance Period") as determined
under Section 42(i)(7) of the Internal Revenue Code of 1986, as amended (the "Code"), on the
terms and conditions set forth in this Purchase Agreement and subject to the conditions precedent
to exercise of the Option specified herein. The Project Property real estate is legally described in
Exhibit A attached hereto and made a part hereof. The Regulatory Agreement containing the
Use Restrictions to which the Project Property real estate will remain subject is described in
Exhibit B attached hereto and made a part hereof.

2. Grant of Refusal Right. In the event that the Partnership receives a bona fide
offer to purchase the Project Property, which offer the Partnership intends to accept, Grantee
shall have a right of first refusal to purchase the Property (the "Refusal Right") after the close of
the Compliance Period, on the terms and conditions set forth in this Agreement and subject to the
conditions precedent to exercise of the Refusal Right specified herein. In addition to all other
applicable conditions set forth in this Agreement, (a) the foregoing grant of the Refusal Right
shall be effective only if Grantee is currently and remains at all times hereafter, until (i) the
Refusal Right has been exercised and the resulting purchase and sale has been closed or (ii) the
Refusal Right has been assigned to a Permitted Assignee described in Section 9 hereof,
whichever first occurs, a qualified nonprofit organization, as defined in Section 42(h) (5) (C) of
the Code, and (b) any assignment of the Refusal Right permitted under this Agreement and the
Refusal Right so assigned shall be effective only if the assignee is at the time of the assignment
and remains at all times thereafter, until the Refusal Right has been exercised and the resulting
purchase and sale has been closed, a Permitted Assignee described in Section 9 hereof meeting
the requirements of Section 42(h)(5)(C) of the Code. Prior to accepting any such bona fide offer
to purchase the Property, the Partnership shall notify Grantee and the General Member of such
offer and deliver to each of them a copy thereof. The Partnership shall not accept any such offer
unless and until the Refusal Right has expired without exercise by Grantee under Section 6
hereof.

3. Purchase Price Under Option. The purchase price for the Property pursuant to
the Option shall be an amount sufficient (i) to pay all debts (including member loans) and
liabilities of the Partnership upon its termination and liquidation as projected to occur
immediately following the sale pursuant to the Option, and (ii) to distribute to the partners of the
Partnership cash proceeds equal to the taxes projected to be imposed on the partners of the
Partnership as a result of the sale pursuant to the Option.

4. Purchase Price Under Refusal Right. The purchase price for the Property
pursuant to the Refusal Right shall be equal to the sum of (a) an amount sufficient to pay all
debts (including Member loans) and liabilities of the Partnership upon its termination and
liquidation as projected to occur immediately following the sale pursuant to the Refusal Right,
and (b) an amount sufficient to distribute to the partners of the Partnership (the "Members"),
cash proceeds equal to the taxes projected to be imposed on the Members of the Partnership as a
result of the sale pursuant to the Refusal Right.

2
3 TAB V - Nonprofit Purchase Option

5. Conditions Precedent. Notwithstanding anything in this Agreement to the


contrary, the Option and the Refusal Right granted hereunder shall be contingent on the
following:

(i) the Regulatory Agreement shall have been entered into and remained
in full force and effect, and those Use Restrictions to be contained
therein, shall have remained unmodified without its prior written
consent, or
(ii) if the Regulatory Agreement is no longer in effect due to reasons other
than a default thereunder by the Partnership, such Use Restrictions, as
so approved and unmodified, shall have remained in effect by other
means and shall continue in effect by inclusion in any deed conveying
the Property pursuant to this Agreement.

If any or all of such conditions precedent have not been met, the Option and the Refusal Right
shall not be exercisable.

6. Exercise of Option or Refusal Right. The Option and the Refusal Right may
each be exercised by Grantee by (a) giving prior written notice of its intent to exercise the Option
or the Refusal Right to the Partnership and each of its partners in the manner provided in the
Partnership Agreement and in compliance with the requirements of this Section 6, and (b)
complying with the contract and closing requirements of Section 8 hereof. Any such notice of
intent to exercise the Option shall be given during the last twelve (12) months of the Compliance
Period. Any such notice of intent to exercise the Refusal Right shall be given within one
hundred eighty (I 80) days after Grantee has received the Partnership'S notice of a bona fide offer
pursuant to Section 2 hereof, but in no event later than one hundred eighty (180) days
immediately following the end of the Compliance Period, notwithstanding any subsequent
receipt by the Partnership of any such offer. In either case, the notice of intent shall specify a
closing date within one hundred eighty (180) days immediately following the end of the
Compliance Period. If the foregoing requirements (including those of Section 8 hereof) are not
met as and when provided herein, the Option or the Refusal Right, or both, as applicable, shall
expire and be of no further force or effect. Upon notice by Grantee of its intent to exercise the
Option or the Refusal Right, all rights under the other shall be subordinate to the rights then
being so exercised unless and until such exercise is withdrawn or discontinued, and upon the
closing of any sale of the Property pursuant to such notice shall expire and be of no further force
or effect, provided that in the event that the Option and the Refusal Right are hereafter held by
different parties by reason of any permitted assignment or otherwise, Grantee in its assignment(s)
or such parties by written agreement may specify any other order of priority consistent with the
other terms and conditions of this Agreement.

7. Determination of Price. Upon notice by Grantee of its intent to exercise the


Option or the Refusal Right, the Partnership and Grantee shall exercise best efforts in good faith
to agree on the purchase price for the Property.

3
4 TAB V - Nonprofit Purchase Option

8. Contract and Closing. Upon determination of the purchase price, the


Partnership and Grantee shall enter into a written contract for the purchase and sale of the
Property in accordance with this Agreement and containing such other terms and conditions as
are standard and customary for similar commercial transactions in the geographic area which the
Project Property is located, providing for a closing not later than the date specified in Grantee's
notice of intent to exercise of the Option or the Refusal Right, as applicable, or thirty (30) days
after the purchase price has been determined, whichever is later. In the absence of any such
contract, this Agreement shall be specifically enforceable upon the exercise of the Option or the
Refusal Right, as applicable.

9. Assignment. Grantee may assign all or any of its rights under this Agreement to
(a) a qualified nonprofit organization, as defined in Section 42(h) (5) (C) of the Code, (b) a
government agency, or (c) a tenant organization (in cooperative form or otherwise) or resident
management corporation of the Project Property (each a "Permitted Assignee") that demonstrates
its ability and willingness to maintain the Project Property as low-income housing in accordance
with the Use Restrictions, and subject in any event to the conditions precedent to the Refusal
Right grant and the Option price set forth in Sections 2 and 3 hereof. Prior to any assignment or
proposed assignment of its rights hereunder, Grantee shall give written notice thereof to the
Partnership and the General Partner. Upon any permitted assignment hereunder, references in
this Agreement to Grantee shall mean the permitted Assignee where the context so requires,
subject to all applicable conditions to the effectiveness of the rights granted under this
Agreement and so assigned. No assignment of Grantee's rights hereunder shall be effective
unless and until the permitted Assignee enters into a written agreement accepting the assignment
and assuming all of Grantee's obligations under this Agreement. Except as specifically permitted
herein, Grantee's rights hereunder shall not be assignable.

10. Miscellaneous. This Agreement shall be governed by the laws of the


Commonwealth of Virginia. This Agreement may be executed in counterparts or counterpart
signature pages, which together shall constitute a single agreement.

In Witness Whereof, the parties have executed this document as of the date first set forth
hereinabove.

[Signatures and Notarial Certifications on Following Pages]

4
5 TAB V - Nonprofit Purchase Option

COMPANY:

EMMANUEL :HGtJSB-SENIOR RESIDENCES 2010, LP


A Virginia limited partnership
By Emmanuel Senior Residences MMX
___ Corporation, its General Partner

BY:~.$;
Its: lr<::s.'J..'t.~1-
-z-L Q
COMMONWEALTH OF VIRGINIA)
CITY/COUNTY OF ~ )

!, ~'" \><'-'- "-~~' a Notary Public in and for said ~Icounty in the
Commonwealth aforesaid, do !1;certify that \\aM ch ,
\b..A)~~ of Emmanuel
Senior Residences MMX Corporation, a Virginia corporation, personally known to me to be the
same person whose name is subscribed to the foregoing instrument as such officer, appeared
before me this day in person and acknowledged that he signed and delivered such instrument as
his/her own free and voluntary act, and as the free and voluntary act of the Partnership known as
Emmanuel Senior Residences 2010, LP on behalf of which said Partnership Emmanuel Senior
Residences MMX Corporation has executed the foregoing instrument as General Partner, all for
the uses and purposes set forth therein.

Given under my hand and notarial seal on \:\u.~ C:, ,2010

Notary Public G
My Notarial Certification Number is: 1-~
"\M-k "2-
My Commission Expires: ~V', 3\ ,,}o\'-\ (SEAL]
t~;~(~~~$I{PI
"'.\6 .•~iK,,,
~,\
",,"\~ r" \,--1::-
11/
-I,
,,' . t>-. ,.""". <)~ ";
/~)~>~(-;~h"~'~ :\
-
""
.
.•.
-
-<>'

:: k :

5
6 TAB V - Nonprofit Purchase Option

GRANTEE:

EMMANUEL HOUSE, INC.


A Virginia nonstock corporation

By:
Its: ------~~~~~------------

COMMONWEALTH OF VIRGINIA)
)
CITY/COUNTY OF t\qlM. ~ )

I, 3..","::n..f'\.~' a Notary Public in and for said City/CO!ty in the


Commonwealth aforesaid, do ereby certify that fe'6'&...\ ,\YvJct....A., of
Emmanuel House, Inc., a Virginia nonstock corporation, personally known to me to be the same
person whose name is subscribed to the foregoing instrument as such officer, appeared before me
this day in person and acknowledged that he/she signed and delivered such instrument as his/her
own free and voluntary act, and as the free and voluntary act of the corporation.

Given under my hand and notarial seal on KO-AJc.. le , 20 I O.

My Notarial Certification Number is: to'-\_\'\\o"L-


My Commission Expires:~ 2) \. (20\ '-\ [SEAL]

6
7 TAB V - Nonprofit Purchase Option

EXHIBIT A
PROPERTY DESCRIPTION

All those certain lots, pieces or parcels of land located in the City of Newport News, Virginia,
known and designated as all of Lot 2 and part of Lots 3 and 4, in Block 29 on that certain plat
entitled, "MAP OF THE LAND OF NORTH NEWPORT NEWS IMPROVEMENT
COMPANY", made by E. A. Semple, Civil Engineer, which said plat is duly recorded in the
Clerk's Office of the Circuit Court for the City of Newport News, Virginia in Plat Book 2, at
page 2, to which said plat reference is here made for a more particular description and location of
the property hereby conveyed. Save and except that certain portion of land conveyed by Willie J.
Butler, et ux, to the Commonwealth of Virginia by deed dated September 17, 1932, recorded in
the aforesaid Clerk's Office in Deed Book 62, at page 23. And further save and except that
certain portion of property conveyed by Lewis A. Lovett to the City of Newport News by deed
dated April 16, 1962, recorded in the aforesaid Clerk's Office in Deed Book 462, at page 336.
Together with all and singular the buildings and improvements thereon, the rights and privileges,
tenements, hereditaments, easements and appurtenances unto the said land belonging or in any
way appertaining. Subject, however, to any and all covenants, restrictions, easements, rights-of
way, agreements and conditions of record or apparent on the ground.

And further, all that certain lot, piece or parcel of land, together with the improvements thereon,
lying, being and situate in the City of Newport News, Virginia, containing 0.332 acres, more or
less, and being more particularly described as follows: Beginning at a point on the west side of
Jefferson Avenue at the intersection of the north side of North Avenue, which point is marked
"DRILL HOLE SET"; thence along the north side of North Avenue S 45° 20' 00" W 102.55' to a
point marked "IPS"; thence N 44° 40' 00" W 118.39' to a point marked "IPF"; thence N 45° 08'
30" E 141.53' to a point on the west side of Jefferson Avenue marked "IPF"; thence along the
west side of Jefferson Avenue S 26° 30' 52" E 125.08' to the point of beginning; all as shown on
that certain plat entitled "BOUNDARY SURVEY OF LOT G AND LOT 1,2 AND PARTS OF 3
AND 4 (BLOCK 29), NORTH NEWPORT NEWS IMPROVEMENT CO., TM# 267000247,
NEWPORT NEWS, VIRGINIA" which plat is dated June 26, 2009, prepared by Patton Harris
Rust & Associates, and a copy of which plat is attached hereto and made a part hereof.

7
8 TAB V - Nonprofit Purchase Option

EXHIBITB

DESCRIPTION OF
REGULATORY AGREEMENT

Title: Extended Use Regulatory Agreement and Declaration of Restrictive Covenants

Parties: Emmanuel House Senior Residences 20 I0, L.P.


Virginia Housing Development Authority

Date:

Recording Information:

8
DIVIDER PAGE

TAB W - ATTORNEY OPINION


1 TAB W - Attorney Opinion
2 TAB W - Attorney Opinion
3 TAB W - Attorney Opinion
DIVIDER PAGE

TAB Y - MARKETING MATERIAL


1 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

This development will have ten percent (10%) of units that have rents within HUD’s

Housing Choice Voucher payment standard. In point of fact, the entire development will have

rents within this standard, and the entire development will conform to HUD regulations

interpreting the accessibility requirements of section 504 of the Rehabilitation Act creating

affordable, accessible visitable apartments. The purpose of this document is to demonstrate that

this development will actively market to people with mobility impairments including Housing

Choice Voucher holders in accordance with this plan.

The primary resource for this development to market to persons with mobility

impairments who also possess Housing Choice Vouchers is the Newport News Redevelopment

& Housing Authority (“NNRHA”). The owner of this development has previously offered to

enter into a binding agreement with the Newport News Redevelopment & Housing Authority to

enter into a Housing Assistance Payment (“HAP”) Contract with NNRHA. As this time, the

agreement has not been executed, but our offer remains in effect, and once a tax credit

reservation is received, such an agreement will be executed. The owner’s commitment to enter

into this contract is based upon the fact that NNRHA can provide marketing services for this

development to their waiting list. In addition, this marketing plan will actively market to

income-qualified persons with mobility impairments, including those on the NNRHA waiting

list, who may not possess Housing Choice Vouchers. By providing units with rents at 40% and

50% of Area Medium Income, even those persons on the NNRHA waiting list who do not yet

possess Housing Choice Vouchers will have additional affordable housing opportunities.

Secondary marketing sources in the area will include the following agencies.

These agencies will be updated monthly on affordable housing opportunities within the

development as well as being provided with hand-outs and information packets to distribute to
2 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

low-income individuals who also have mobility impairment and need accessible and affordable

housing. These agencies include, but are not limited to, the following:

TRANSPORTATION

Peninsula Transportation District Commission, 3400 Victoria Blvd., Hampton, VA

23661, (757) 723-3344/722-2837

CLOTHING ASSISTANCE

Goodwill Thrift Store, 15435 Warwick Blvd., Newport News, VA 23602,, (757) 872-

7601

Clothes Closet - OHA Outreach Center, 758 26th Street, Newport News, VA 23607,

(757) 244-6121

Peninsula Rescue Mission Thrift Shop, 6200 Jefferson Avenue, Newport News, VA

23607, (757) 380-6909

Social Action Center, Inc., 230-33rd Street, Newport News, VA 23607, (757) 380-1574

Salvation Army Outreach Services, (757) 827-6741

Clean Comfort, Office of Human Affairs, Julius Conn Gym, 30th Street, P. O. Box 37,

Newport News, VA 23607, (757) 247-5105

William Rattley Road Ahead Center, 820-24th Street, Newport News, VA 23607, (757)

245-6098

COMMUNITY ACTION AGENCY

Hampton/Newport News-United Way of the Virginia Peninsula, 739 Thimble Shoals

Blvd., Suite 400, Newport News, VA 23606, (757) 873-9328

Office of Human Affairs, P. O. Box 37, 6060 Jefferson Avenue, Newport News, VA

23607, (757) 247-6527


3 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

COUNSELING/MENTAL HEALTH

Catholic Charities, 12829 Jefferson Avenue, Suite 101, Newport News, VA 23608,

(757) 857-0060, Counseling for family, marital, and children's issues; sliding scale fees

Peninsula Mental Health Association, P. O. Box 7076, Hampton, VA 23669

Hampton-Newport News CSB, 2501 Washington Avenue, 2nd Floor, Newport News,

VA 23607, (757) 245-0217

United Methodist Family Services, 715 Baker Road, Suite 201, Virginia Beach, VA

23462, (757) 596-0710

Jewish Family Services, 2700 Spring Road, Newport News, VA 23606, (757) 930-1422,

Serves people of any faith; sliding scale fees

Peninsula Pastoral Counseling, 707 Gum Rock Court, Newport News, VA 23606, (757)

873-2273, Sliding scale fees

DISABILITY ASSISTANCE

Department of Rehabilitative Services, 11010 Jefferson Avenue. Newport News, VA

23601, (757) 594-7450 or 1-800-552-5019

EDUCATION

Peninsula READS, Free Literacy Tutoring, 2021 Cunningham Dr., Suite 100, Hampton,

VA 23666, (757) 838-5300

GED Contact, Newport News Public Schools, 51 Copeland Lane, Newport News, VA

23601, Robert R. Vaughn, (757) 591-4730

Student Financial Aid Information, 1-800-433-3243, (for college loans and grants)

New Horizons Technical Center, 13400 Woodside Lane, Newport News, VA 23602,

(757) 874-4444, Vocational & technical training, Apprenticeship program


4 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

Educational Opportunity Center, (757) 926-6107

Career Development Center, Suite 209, 605 Thimble Shoals Boulevard, Newport News,

VA 23606, (757) 873-2423

EMPLOYMENT/JOB TRAINING

Peninsula Job Networking & Support Group, P. O. Box 1006, Newport News, VA

23601, (757) 245-0041, Advocacy and support for the unemployed

Department of Social Services, Office of Human Affairs, 6060 Jefferson Ave., 7-C,

Newport News, VA 23605, (757) 247-2300, Takes only referrals from Newport News Dept. of

Social Services

Greater Peninsula Private Industry, 11840 Canon Blvd., Suite 500, Newport News, VA

23606, (757) 595-6666, Eligibility: Adults age 21 and older and youth age 18 to 21;

economically disadvantaged

Virginia Employment Commission, 6012 Jefferson Avenue, P. O. Drawer P, Newport

News, VA 23605-3001, (757) 247-2080

The Work Place Express, 2017 Cunningham Drive, Suite 300, Hampton, VA 23666,

(757) 827-3223, career counseling, etc.

Job Training Services, Newport News, VA, (757) 247-2212

FINANCIAL ASSISTANCE

Living Interfaith Network, 221 34th Street, Newport News, VA 23607, (757) 380-6081

Jewish Family Services, 7300 Newport Avenue, Norfolk, VA 23505, (757) 489-3111

Fuel/Crisis Assistance, 6060 Jefferson Avenue, Newport News, VA 23605, (757) 926-

6601
5 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

Denbigh United Christian Outreach, 38 Hoopes Road, Newport News, VA 23602, (757)

877-9079

Salvation Army, 1033 Big Bethel Road, Newport News, VA 23666, (757) 838-1443

FINANCIAL COUNSELING/CREDIT DEBT/BUDGETING

Denbigh Center for Child and Family Services, Langley Federal Credit Union, 12750

Jefferson Avenue, Newport News, VA 23602, (757) 826-2227

Virginia Cooperative Extension, 12388 Warwick Boulevard, Suite 307, Newport News,

VA 23606, (757) 591-4843

Ft. Eustis Center for Child and Family, Consumer Credit Counseling, 1317 Patton

Avenue, Newport News, VA 23604, (757) 826-2227, Serves Military families only

Newport News Center for Child and Family, Consumer Credit Counseling, 2700

Washington Avenue, Newport News, VA 23607, (757) 826-2227

Consumer Credit Counseling, 2021 Cunningham Dr., Suite 400, Hampton, VA 23666,

(757) 838-3497

FOOD

Hope Community Church, 12308 Warwick Boulevard, Newport News, VA 23606, (757)

595-8490, Wed. - Fri.: 9 - 4 p.m.

Social Action Center, Inc., 3001 Jefferson Avenue, Newport News, VA 23607, (757)

380-1574, Emergency food assistance

Expanded Food & Nutrition Education Program, 12388 Warwick Blvd., Suite 307,

Newport News, VA 23606, (757) 591-4838

Salvation Army Mobile Street Feeding Program, Corner of 29th and Jefferson Avenue,

Newport News, VA
6 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

SHARE, (757) 627-6599 or 1-800-253-7842

Food Bank, 9912 Hosier Street, Newport News, VA 23601, (757) 596-7188

HOUSING-SHELTERS

Peninsula Rescue Mission, 3700 Huntington Avenue, Newport News, VA 23607, (757)

380-6909/6910, Homeless men, women, and children

Friends of the Homeless, (757) 928-0012, requires agency referral

Youth Challenge, P. O. Box 543, Newport News, VA 23607, (757) 244-1234

Clean Comfort, Julius Conn Gym, 30th Street, P. O. Box 37, Newport News, VA 23607,

(757) 247-5105

Our House Home for Adults, 614 32nd Street, Newport News, VA 23607, (757) 244-

3649

CAPO Center, 2351 Terminal Avenue, Newport News, VA 23607, (757) 245-3222

Salvation Army Shelter, 4703 Huntington Avenue, Newport News, VA 23607, (757)

247-6898

Peninsula AIDS Foundation, 326 Main Street, Newport News, VA 23601, (757) 591-

0971

Help House, (757) 723-2242

Home Base of the Virginia Peninsula, Inc., P. O. Box 7415, Hampton, VA 23666, (757)

825-9485

H.E.L.P., 321 Buckroe Avenue, Hampton, VA 23664, (757) 850-8986

Women’s/Children’s Shelter, 3509 Huntington Avenue, Newport News, VA 23605,

(804) 928-0128
7 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

LEGAL ASSISTANCE

Peninsula Legal Aide Center, 1214 Kecoughtan Road, Hampton, VA 23661, (757) 247-

6621

MEDICAL/DENTAL

East End Health Facility, Medical and Dental, 1033 28th Street, Newport News, VA

23607, (757) 247-2170

Newport News City Health Dept., 416 J. Clyde Morris Boulevard, Newport News, VA

23601, (757) 594-7326/7340

Riverside Health System, Dental Services, 1000 Old Denbigh Blvd., Newport News, VA

23062, (757) 875-2000

Peninsula Institute for Community Health, 4714 Marshall Avenue, Newport News, VA

23607, (757) 380-8709

First Call for Help, (757) 594-4636, Prescription medication assistance

Riverside OB/GYN Clinic, Women's Healthcare, (757) 594-4720

AIDS Crisis Line, 1-800-533-4148

Health Care for the Homeless, 707 Howmet Drive, Suite C, Hampton, VA 23661, (757)

825-0465

SOCIAL SECURITY

Social Security Administration, 11828 Fishing Point Drive, Newport News, VA 23606,

(757) 873-3914 or 1-800-772-1213

SOCIAL SERVICES

Newport News Dept. of Social Services, Rouse Tower, 6060 Jefferson Avenue

Newport News, VA 23605, (757) 247-2300 or 926-6300


8 TAB Y - MARKETING PLAN
Emmanuel House Senior Residences 2010, L.P.
Marketing Plan for Outreach to Low-Income Persons with a Mobility Impairment

In conclusion, this development will be able to attract persons (including age-qualified persons)

who need affordable, accessible and visitable housing through existing organizations within the

local community. This plan will ensure that persons with mobility impairments who need

affordable, accessible and visitable housing will be targeted for inclusion in the tenant population

of this development.

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