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2009 Federal Low Income Housing Tax Credit Program Application For Reservation Deadline for Submision 2% Competitive Crests ‘Applications Must Be Received At VHDA No Later Than 5:00 PM Richmond, VA Time On May 18, 2008 ‘Tax Exempt Bonds ‘Applications should be received at VHDA atleast one ‘month before the bonds are pried (bonds issued by \VHDA), oF 75 days before the bonds are issued ( bonds ‘are not issued by VHDA) JM pice nen ‘ain VHDA Richmond, Virginia 23220-6500 Low Income Housing Tax Credit Application for Reservation leoronic Copy ofthe Miran Exel Based Appliston (MANDATORY) D Hard Copy fA Application ages With Signe (MANDATORY) { seanned Copy ofte Tox Crest Applicaton with al Anschmeats(xcludiag musket say and plans & specs)(MANDATORY $750 Applction Fee (WANDATORY) “Taba: Document of Development Lction: 2 AL Quilted Ceaus Tart Cefeatoe D A2 Revlon Ara Cetin 8 Lcatin Map © ___Strveyors Certification of Proximity To Public Tansponston |Z TweB:_Parmerhip or Operating Agree including chart of ownership structure with percetage of teres MANDATOR 1D Tab: Virginia Sate Cerpornton Commision etfeaion (MANDATORY) © TabD: Princip Previous Paicpaton Cereaton and Resumé (MANDATORY) DTabE: Nonprofit Questionnaire (MANDATORY for peas or pel) ‘The blowing Socuments need ot be eben equ by VDA: “Nocproft Arce of incorporation RS Documentation of Noro Satos “Join Ventre Agreemen(Faplicble) “Foro Consling Agreement ppicale) Architects Catenion (MANDATORY) HA / Secon § Notation Leer Homeownership Plan ‘Ste Conte Documentation (MANDATORY) Pian of Development Catton Later Zoning Cerin Later, Copies of 805 To Cenity Developer Experience (Beserved) Plans and Speciatons and Work Writ-Up (MANDATORY) ocarenation of Renal Assistance Documentation of Operating Badget Docarenation of Projet det Decurentaton of intacing Sources eserves) Nagpal or LHA Purchase Option or Right of Fit Ret Orginal Attorney's Opaion MANDATORY) (eseved) Making Plan for units meeting secsiityrequement of HUD section 504 Market Study (MANDATORY. Applicaton willbe dngalifed market dyno abmitd with the aplton) 20 Sinn Chit [Lovelace Housing Ta Cred Appheaton For Reservation —— = Ss BSE, 0950850] ra atria aaresrearrere Da of Ae) A. ernment nent anon ‘Mimecf Development Andover Pace Aparmens 2 AuberetOneomen S58 Tara chmod baad or ‘a7 Tear 5. Heomplee ae ot avi, provi hoginde nd tide ood) om ost on Sur ser ders propre. “H.Seoe 799061 w a7 doe HOE W. 1G Decent or avejor stared (TAB A) (ny sey set as senso wer ab {Corde sdb tee sue se eon 1, apc) 4. Tee GourCe fein which ded the prope co wl be ecard Cincom of Rakcod Cy (Ge RchoondCiy,Ceaerelé Cony se pplcion mans) 5. Dost stove of moe asana Dundas? aye 0 No {yen wtatoterCiytCouny rte seca inter Sone mene hovel Hen 6 lsbe dvenpoet ined ina Metoplin Stic Ara? Yer Cl No 4. Cem Tete deepen sea in 176008200 Ista Quaid Census Tat: Yor No dyes atch eu fo inTAB A) ite develope eae Die Development Ara? 9. ithe evapo ead ina eviletn ee? TE Yer Go ifyen atch equedfr in TAB A) 1d etiegeiomest meting RD or HUD SHI36 developer?) Yes No ye atch eae for TABQ) "area ely et ter pe de serine roped pint tng pt ‘sete, en eat meer we pte Be ees eer aid wih ein na ‘hbo oan wave fi reornet um VID clean bmi eee he pss ‘Appears aie al igs any evel eo ‘tr er oad with seuton anor eh Dye Gam ‘sapiens has cine wae of rq VHDA [ert eaten bison dvd. Oye Gas 11. athe evelopment ctedin centr tc wih poverty 0S ihn cei us carey preset? Oye a 12. fete developer ited on be RD STS Reabtion Pari Lie Ds @% 13. Conesion Diet 3 manta Phone ai 1S — rire eae Sie ent Dit 9 aca nme Sti owe Dest, 70 tnt nto 14 © Lown Map Auch (TAB A) 1B. Proje Desrpton Inthe pce rove bow, rie a le drersn athe propo ret Te aes ae cain pe elem pa mpern nS nan pnt ‘roped omc Covey rn ho eon in: Te rent be Protos yet hand cos ‘fazo uns ceding Theva afr outer tse 2b amare aot anesetpaypone 8 Seengehesiate beh Se ener rca sdthe trate ban ‘Lo tacome Housing Tax Credit Appin For Reeraton Resretion Request 1 Total eri amcunt out (te thse Pat X-D8) sian 2 Crs guess fom: 946 Cress 1 Nowpott Set-Aside Al nop owned ered in Pa ILD hereof may lo hi) lopmens which et tt 1D Local Housing Authorities 1 Tidewater MSA Po 1D Nox Vigna MSA Poot 1D Sma MSAMcropattan Poa 12 Ricmoed MSA Poo! © Rural Pot 1D Nos Compettive Pool eseasin) o ‘Nat-Compettive Pol Dissiiy) ‘Tox Exempt Bonds 1 reabition, 1D soso and eatitiaon Feder Sabie: '@ The development will aot recive ede sbiies 1D Thisdeveapnen wil evn eel subi fo ‘Dal bling (same bing DL Type(otAloatin/Aleaon Your Ship Part D Here, GoTo Pape3 1. Regul Allocation 1 Allfthe aigs inte developmen expected be pace inservice tis yar. Fo those buldngs te owner wl hiya, request an Alloction of 2008 cedisfor new constuction at 1 retain 1 sequin nt eatin, 2 CenforwadAllostion 1 aloft ung inthe development ar expected oe pict ‘in servie within wo yes fe he of hs een yea, 209, ut he ‘wer wl ave ore a 1M sin te deepen fet endo Sk ‘tens folowing alleation of cred. or hs bulidings howe ees Scaryforvar aletn of 009 res urn to Secon 4201) or (Bnew consucton a 1 reabtiaton or 1 acquisition nd esbioe en i you egued bud his years “plc in eve forthe pape of te elsion ee, you ceo esi ‘he 8609 frm or unl he ret 09 sued or at uling once te eb otk spaced in serve” a 20100201) 3. der Sobiie 'D The development wil tree fea bse, 1D Tis development wil eevee uses for 1D at aidngs D some bling 00 Pee? ‘Low-Income Housing Tax Credit Application For Reservation E. Acquistion Credit Information [NOTE Feo ets we bog aqueed fr eng buldngs Ving aqured fr he developmen, fe indicate and go ono Pa F Ne Acgustion ‘Ten-Year Rule For Acquisition Credits 1 All buildings satisfy the 10-year look-back rule of IRC Section 42 (8)(2)B), neuding the 10% basit$15 00.00 read costs ($10,000 for Tax Exempt Bonds) per unt requirement. © Albuns gai an exception te 1 erred RC Secon 21812X)0, Subsection () Seiecion Subsection) Subsection (VO. Subsection (Vi 1D A waiver ofthe 10-year rule forall buildings has been or will be requested fom the Department ofthe Treasury pursuant to IRC Section 42(4)(6)8) (© Ditferent circumstances for different buildings: Anach a separate sheet and explain for each ing Rehabilitation Credit Iformation [NOTE Fre ered are Seng requesed for ehablaton expenditures, so dicate and go lon to Section I 1D No Rehabilitation Minimum Expenditure Requirements 1B Allbuidings inthe development sats the rehab costs per unit requirement of RC Section 40)0KANG0, 1B All buildings is the developmen: qualify fr the IRC Section 42(€X3XB) exception tothe {0s bass requirement (94 credit ony une 1D All budings tthe development qualify for the IRC Section 42(0(5)B Different circumstances for different buildings. Attach a separate sheet and explain foreach bulang. exception, 2108 age 3 Low-Income Housing Tas Credit Application For Reservation 1._OWNERSHIP INFORMATION fee agentur ey netmapr tng apn. ya cate en ren] Jase sncwton “manta Tu Cnet nama tata oe page mont match aco) Be ooner cate Ite Sa be Vegas Stas Copontcn Sommer ‘AL Owner Information: ‘Name TMG Richmond 1V, LP CContcPersor Fist: Rojee Mie. Last: Matholand ‘Adress 16107 Tweneth Avenue, Sue S77 5 3§¢—<$ $$$ Westone ‘New York u3s7 oy Say Ta Caiey Feder 1. D.Xo, (Qf not evalable obtain prior Allocation) Phone 212.61-80TS——FR——TIFRETRTT Email address rmulolland@amg:housing om ‘ype fen: — GD Lame Parmership Toner Individuals) D_ Corporation 1D Owners opizatonal document (9, Pacey agrees) tached (Mandatory TAB B) 1B enicuion fom Virginia tate Corporsion Commision taco! (Mandatory TAB ©) Riad noted, geet pes, LC mene etoing shes): Nana" ‘ToeOeneshio — %Ownenbio ‘TMG Fairway GP_LLC “EB ers ‘General Parner 001% iene ———— 1301S Lied Pare — 8 Tok —7;.— —1%.— —19%.— es a “Tis sould be 100% ofthe GP or managing member iniere o.00% ” ul be he iat ot spl he names of wih dae ose co Principals’ Previous Participation Crifcation atached (Mandatory TAB D),resun, & ownership structure chart B._ Seller Information: ‘Name Glenwood Ascites of Richmond, LLC. __Contst Person John Zed Address ee ere 1s there an deatty of interest between the seller and ownerapplican Yes 0 No tyes, comple the following: Principal) involved (eg. genera parsers, controlling shareholders, et) Names| Phone ‘Type Qwnenhin — %Ownecthip 0.00% ‘00% ro ‘00% 2009 Page Low-Income Housing Tat Credit Application For Reservation 1, Tex Attomey: Firm Name Adres: Phone Development Team Information: Complete the fllowing as applicable to your development eam. Saundea R Hirth Related Entiy? © Yer © No Kaufman & Canole EC, “Thee James Center, Suite 1206, TOSTE, Cay Stet, Richmond, Vga 20019 806 771-5721 Fax: Connie Chern Related Entiy? © Yes @ No 2, Tax Accountant FimmName: Novagadae & Company Aucess Weeder ane Sete 5 1 $—— Phone: 212-837-7703 Fe 3. Consultant: Ryne Johnson Related Entiy? Yes No FirmName: “Astoria, LUC Role! Address: 3450 Lady Marian Ce Rhmond, VaZIT Phone: 504.520.0585 Fa 4. Management Entity (Contact): Rhonda She Related Entity? Yes @ No Firm Name: Greystone ment Corporation Adds.” “BIOS Cry Sige Sate 0 Intel, lan 50 Phone: STF S940208 Fae 5. Contractor (Contac): Bill Gessforé Related Entiy? 1 Yes @ No Fim Name: Greystone ent Compara ‘Address: 3583 Craig Suost, Sulte 20, Indianapolis, nda Phone: 3175940208 Fox 6. Architect: Patrick Zampet, AIA Related Entiy? 1 Yes @ No Timm Nene: Suelo aetite- E————————" Address: SOT EsstWhain Street, Suite W, Richmond, Virgina 25219-2407 Phone: 04-644:3323 Fax 7. Real Esate Attorney: Otto W. Konrad, Related Entiy? 0 Yes No Fim Name: Kain & Cagtes Fe" “Thee James Cem, Sue 1005 TOSTE Cay Seo, Rnd, Vn ET ——— Address Phone: 80477 ST15 Fax 8. Mortgage Banker: Scot Schmid Related Entiy? 1 Yes ®@ No Tim Name: JP Morgan Chase Bank A ‘Adie. Ope Chase Square, 8 Tone Rocha NY 1eSAE_—_——__—— Phone: SES.2S8.5415, Far 9, Other (Conta) Related Eatiy? —O. Yes@ No Firm Name: Role: Adres: Phone: Fae 2009 Page 5 Lovelncome Housing Tax Credit Appleton For Reservation D. Nonprofi avotvement: [Retains Fao Crate tat o compedn oar spelen npr ix ce ol [Arpoicars nostbesompted pat fo noopet cheat ude” arin yee “Tex Cred Nonprotie Poot Applente To gully forte mngrot pol en arn deoabed mIRC Sein 51 (66) or 50 (4) exept oes nan ude IR Sc 0 (0) bone ura indae he orn flow ico hntig: ot "ral prep” ep een poe tet he ane ed. atone vel mesg meses ot aaeatlan wo orcs frp ain, Mat thee ed re ppp fc menno atthe sm smb erent mepsbortlSnaes may prep te opted pet ‘sttrpetonty ‘A Applicant: To gi rots hein tn, emit vain ne nt ey ‘i af eens fo aries in opr xcept. 1. Nogottielvennt (A Agpice) sessment motes mh epon eideydeke he ‘lgoceto pil > ere tt et Scaieemanates ee 2. Tyeotinveneat 8 Nearest rt ay, pone 1D Nenpo steely requests eno po md Pit 4 sty ear (ll negro apts) ‘Thenonprttopnieton valves nhs development: Cte Ove 1 the Apc itera fox Ove) Dome 5. Pacemgeof ont Omer (A nope apn) ‘Spey he ogi ny pacnage ous fe ptr pari inter 208 ie Law Tncome Housing Tax Credit Appliention For Reserention IIL. DEVELOPMENT INFORMATION Structure and Unis: 1, Total numberof all units in development 192, ‘Total number of rental units in development TI bedrooms _ 576 ‘Number of low-income rental units 1 bedrooms 37 — Percentage of rental units designated low-income 100.005. 2. The development’ structural features are (check all hat apply) Row House/Townhouse Detached Single-family Garden Apartments (Detached Two-family ‘Slab on Grade Basement Crawl space Age of Structure: 40 levator ‘Number of store ooeaa 3. Number of new units [Number of adaptive reuse units [Number of hab units 4. Total Floor Area For The Entre Development 5. Unteated Floor Area (Breceways, Balconies, Stange) 6. Nonresdentil Commercial Floor Area 0.00 240) (ott for tng) 7. Total Usable Residential Heated Area 176,463.36 60) 8. Number of Buildings (containing rental units) 28 Commercial Area Intended Use 10. Project consists primarily of a building(s) which is (re) (CHOOSE ONLY ONE) | __Low-Rise (1-5 stories with any structural elements made of wood) C. Mid-Rise (6-7 stories with no structural elements made of wood) C._ High-Rise (8 or more stories with no structural elements made of wood) B. Building Systems: Please describe each of the following in the space provided, Community Fe Onesie rental office, laundry faites, and under the development pan, a newly constructed 2,500 sq ft elubhouse with a learning and flinss center and a playground Exterior Finish; Painted wood lap board and brick exterior Heating/AC System: GasBlectie Architectural Style: Contemporary 2008 ‘Page 7 Low-Income Housing Tax Credit Application For Reservation © Amenities: 1. Specify the average size per unit type: (Including pro rata share of heated common area) ‘Assisted Lv 000 SF 1Bérm Eld 1,037.08 SF SF TS Pfr bla 00 SF 28dem Ela VSeyIBR-Eld O00 SF EfGar 000 SF 2-Bdm TH ———0.00SF Sty 2BR-EId ‘OOO SF © -BdrmGar ———®OLOE SF 3-Bdrm TH 0.00. SF IPE O00 SF 2B Gar SIRO SF 4-Bdrm TH 0.00 SF 2, Total gross usable, heated square feet forthe entire project less nonresidential commercial ares! 176,463.36 Documentation atached (TAB F) Mandatory @ NOTE: All developments must meet VHDA's Minimum Design and Construction Requirements By signing and submiting the Application For Reservation of Low Income Housing Tax Credits the applicant certifies thatthe proposed project budget, plans & specifications and work write-ups incorporate all necessary elements to fulfil these requirements. ‘Check the following items which apply tothe proposed projet Documentation attached (TAB F Architect Cerifiation) Mandatory Fora project, upon completion ofconstruction/rehailtation: _(Ostonl Point tems) 0% a) Percentage of2-edroom units hat have 1.5 bathrooms 0% aa) Peeentage of3 or more bedroom wits that have 2 batvooms _b Acommunitymeetng room with «minimum of 749 square fetis provided 359% 6. Percentage of exterior walls covered by brick (exsuding angular gable ends, door and windows) 4. Allhtchen and laundry aptiances mest EPA'S Energy Star uae program requiemeats soa ‘&Allwindows meet the EPA's Energy Star qualified program requirements a £ Every unit in the developments heated and airconditioned with eter) heat pump units with both & ‘SEER rating of 14.0 or more and a HSPF rating of 8.2 or more anda variable speed ai handling unit, (or through the-wall heat pump equipment that has an EER ratingof 11.0 or more), or (i ae conditioning uns witha SEEK rating of 14.0 or more anda variabe speed air handling unit, combined ‘wih ga furnaces with an AFUE rating of 90% or more Water expense is sub-metered (the tenant will pay monthly or bimonthly ill) fh. Fach bathroom consists only of low-flow faucets 2.2 gpm max.) ard showerheads (2.5gpm max.) i. Provide necessary infrastructure in ll units for highspeed cable, DSL or wireless internet sevice, J. Allwater heaters meet the EPA's Energy Star qualified program requirements, oegqa 2009 Powe 8 Low ome Housing Tax Credit Application For Reservation oral project exclesivey serving elery andlor handicapped tenant pon competion ‘tconsrucionrennintaven? (Opel Plt Hens) 1 & Allecoing ranges wil hve font enol 10 & Allan will have an enerpney al tm 1D Alltavoons will havea independent oe sppement eat source 1D Allentance doors have two ey viewers ne a 45" andthe ote a stand height correbabtaon (Opsina Poet tens) Thesis sted nsviualy inthe National Reps of Histo Places ois lected a episeredhserie cst and eid by the Sete of the terior as, ‘ing ofhiorcalspifianc othe det an th reabileion wl be completes inch ranner ase elighle for hia etalon ax rei Accesity ‘Check ane sce ofthe following point categories, a appropriate: Foran arelety popery in which he gee $ 10% ofthe wits) ove oer potas et alse ‘ible assanee noir eat aespany exe lo-ane person: (ent fo HUD esis inepetng scsi requremets of scion 34 ote Retain Act an (i) areal ark peg wih Spec msn core ih a an substed apr oi Appin (spel eds cate ney spares ‘Mente dered sve mat lade lin sive and lsd sk sd on cols ang) 1D Forany nde propery a which be gree o'r 10% of te ut) ate es win HD's Hosing Coie ‘oucir CHICV") pret snd (i) cate to HUD replay inesrctig aces teuemens ef con 0 of ‘te Retatiltaion Ac andi rately matted perl wih mbit impart nding HV Ble in ‘endance wih ln sites prt he Appeaton (2 Fovany noel propery in whi lea fou percet (4) of he nits conform to HUD regulon iterting ‘sce reuters of sce S04 fhe Reba Ast and are asively marketed io poole wih mol Inpments In accordance wi plan subnied apr the Appleton arthralt or LEED Development Cerieaton ‘Applicat pesto obtain Eartraf or LEED certification pir iianoe of IRS For 8609. Archie erie ine Arcitet Carica tt he developmen ein wil et he rea or tc etn Yee" eae Over“ LEED TEs tei atach appropiate docuestation st TAB F LEED Accredited Design Team Member ‘Gn or more members of he Sesg ets LEED screed profession Fey No. UPven stach appropri documentation ok TAB Universal Design - Use Mating iver Dein Stade 1 The whitest of enor cries thats wl be cosas o mest VHDA’s Unive Design ander Biya! ‘Not ¥ey, stack appropri dame at TAB F Number of Renta Unis contracted to meet VDA Univers Design ands Ons Oe ‘iI Cartnnd Property Management Agent ‘ner agrees tose VEDA Conti Property MangemeatAgeto manage he pope ave ON Yer CNo GNA Themarhtrate ui amenities re susan equivalent tothe of he owsncone unis. fn exlain ferences: 2009 Low-Income Hosting Tax Credit Application For Reservation 1V. TENANT INFORMATION AL Set-Aside Elsi \UNITS SELECTED BELOW IN BOTH COLUMNS DETERMINE POINTS FOR THE BONUS POINT CATEGORY ae ear aly anys sea developmen rt meet one of two mary raha occupancy ea Eire 20% a he une mat ne reser ard scoped by pear woot reams tm So ess heaven mua Penta ait iy ssi wcateg oe 2000s (st cat kon ue mat be rarnarond ond coped yprsom rs aes es es fe ses median ncome aut fo fare (ie scaled ho sD60 was Sosrbne Socen 42 he RC. en Sed incareseetin nfs om oe lca Us. youhavernes nears us en eued You afr mare ced. yousurve one’ hours han rere, You recieve pots uo ani ESM. Units Provided Per Household ee icome Lace] (Rent Level] aT Uales 9 of On Frat Uaie We of Unie © 00% 40% Aree Median ° 0.0%, 40% Are Median = 5 Ares Median [—s— ——n0 Soe Aree Median [19 Tore som Aree Median [ex —roonore ost Area Median Ee oe Not n Units [=o — “a0 “Noo LM Uni Tosa Lee ron _ Teal B, Special Housing Needs/Leasing Preference: 1. 100% of the low-income its wl be ocapied by ithe r both ofthe folowing special needs ‘oups as dtinedby ths United Sues Fa Housing Acy, slice: 0 Yer Elderly (age 5 or above) D Yer Pilly or mentally disabled persons (must mee the requirement ofthe idea ‘Amtrean with Dsbilies Ac) 2. Specify the number of wince nits tht wil sere invidols and fails with children by roving thee or mor bedroons: “3 Numer ofunie 234 ofl owincome units 3. Ue development has exiting tenants, VDA policy requires tat the impact of economic andor physica ‘Guldlins for LISTE propre. 4. leasing preference wl be given to applica on pubic housing waking lis andor Seton 8 ‘wang Ia 0a 1 Loca aso sch waiting list ye, provide the following intormation: Organization which ols suck wating lit Richmond Redevelopment snd Housing Author ) Stor wile Hoag One Vonks Pages Manage —————— Phone Number 304-790.4881 Required documentation attached (TAB H) 5. leasing preference wil be given to invduls and fais with children, (Leshan o equal to 23% ofthe rts must have of ess beoon). D Ye ON 209 Page 10 Len-acome Homing Tax Credit Application Fr Reservation [LOCAL NEEDS AND SUPPORT arn of eh xen tery Maa, Town Masa AL Prove the name Coty Adminstrata) fhe polite rsdktonn whieh the evap Chet bsesive Oe Nane Chisopber Beer Cher Eseive ices Tile “Chet Adsinsave OTE Set Asse 90 at Broad St, Se 201 Pree BOER iy Renond TIE ries Ne odie ofa ol you tee dice ths ret wh whe cou mane ques ethe toa C80, Beef CEO ached TABT TD CEO es be Re pray By a 1,20 ‘DA eon eter CEO sbi per $0 PM 905 Or ompetive cso) © Yes © No ie pop tas ner tet pee te bo teen ones tam Cex Gy temies “O-DTIS aE > a — Mami of osha ue pt to al me qi be boa CEO Leer ix CEO aca CTAB 1D TB TE FT, BT HDA ntifcatn eter CEO sabnited pie 5:0 PM 1908: (9% competitive creisony) @ Yer No B_Project Schedule ACTUAL OR NAMEOF ANTICIPATED "PERSON Date RESPONSIBLE “Low-Income Housing Tax Cred Applian For Reservation Vi_SITE CONTROL [se St coo’ by ho Owner Wandd bore a randy preanditon of vovew of is apeoaton_Doconera srdence of nb fom thr sce son puchao contact ot ase et aterm longer a ep ot eB propa be sto compar rerecar Fst be nce hewn (0% Compettve Grete An opt of oct must extend beyond ha sppleston ceadne by a minor of fou month) ‘te cont by an enty cer an be On, evn Hi cay ad pty, nt suet. Ancite ees Sie pte tu Son snd Sepa to, man he cont |noTE: ite Own recaos 2 esraten oct, property must be ed me name frase by oust [Snerm'ctnybe Gurm Se scons edt nase yo os enact ble you submit apleston yuna ary quetors aout hi equa |A. Typeot Se Control by Owner: _Aplcant contol site by (eect one nd atach document - Mandatory TAB K) Deeds atcha 2 Longe Les tached (epinon ce > Opin tached (expiton dt: > 2 Purcite Contract tached (epintion ate > trore tha oe ste othe development rd more than one form of te cont plete 0a (Gnd ata seperteshest opctig eas ate numberof xen boing on thei, an, pot sae of ahs, adapt opraon ot ffm oer. Asie aod dscumeat is reued fr ech ste 1%. Timing of con by Owner: 1B Owneraleny contol it by ether dee ot longterm lease ot (Owner isto acquire property by dee oes fer erie no shone than peiod property ll be subject to oceoancy estos! 0 Ie han. usb ror fo November 6, 2008). Wrmore tha ete forthe development ard more than one expected date of sogistion by (Owner plese se ndente (and stash separate thes spesiing each fe, numberof xing bulings on the ste ian, and expected deo equlstin ofeach ste byte Owe. CMake Sealy Dat: ‘si te owing information om he Marka Sud conducted in connection with his ak ret pletion ad eer eo Projet Wide Cape Rate- LITE Unis 19% Projet Wide Care Rare-Maket Units Proj Wide Capture Rate Al Unis Projet Wide Aborto Period (Meats) 2009 Page Lace Homing Tex Credit Aplin For Reseratin 2 eltiyapproveda se pn plano vpmen? ‘ata One 1 Reged documenta formatted (TAB) 2. lesnpopety ed arth poate deepen? Ye O Ne 1 gird documentation formic TAB 4 eros eo ult fr ins cited wen pronto poe wae? Bva ON Repel documenta form aad ABA) 1D. Paotgs Inde psp ote sand any ei stoe) TABO Ft rain roe, none corps wach ome my he oped ek 1B Punead Speceatons Mininom mat requrenen fr al propre ae eran, reba and nape ree) 1, Aetna wth propery aly dete 2 Sets pan hese hong vel meson fri lig) orate sens (ee, peting loaning wiles nd wae ever, lo, te sees auc othe se). Conus delet tee Ste pln of main ing) eecig over anni of 1 Typ ae pn) showing pees pes ad omen rtd oer ei) howng common es © Sit ar) of ype ung) 4 Type al secon) tow vin unin, le eo acre nado ested docomentaton fr ean proertin Acie wo ore 1 Pan nd eicaonsiy anit wok wre tae TABE) oF 1 pn andoeienons yt wor wrap eed ay 200 Pu Love Tacome Hong Tax Credit Appleton For Reservation ViL_ OPERATING BUDGET 1. Doc il ay low-income us receive ret stance? Dye'a" he 2 yes ind ype fetal asitnce: ‘Sena Nw Cnet Sub Rabin ‘Sets Poet Be Atte ‘Sie Aususe er co000000 2. Number of ne etvng sti: ‘amber of erin eta asstne cont: Expiraoa dat ofcourse (Contact reer agement sacbeSCTABO) B® Usles 1. Mostly Usliy AomanceCaelions Sm 2 Source of Villy Allowance Cluaion Aten acomesaton TAB Q) 3 wD DU Conpsny (inte) 2 Lala. Vit Company (Actual Survey) Dobe: 2008 Pa 4 SS rarer cet ee ee ovewaae pu Ae Ere Game TTT a tepning an tr eprom ein yew — amet aol Say hone ‘en Are Ea Graeme =a at Tae Dicer Sap of ze Sat aehAB mer ates pes___TOTALUNITS Tesimne [| eran iemes nomes TT eran mo aes Paes SEECSGECEEE LEREREEEEEEEELE HUSHUAHHHNE SUUTTTTUTUUUUT HUD ft TT HLT ee 208 aes aes sme ECEEEELELELEEGE EGEEEEEEEEGEGE SERLEQEQRELEEES EESEEEEESESS252 tals lala s}3}8/8)3| i aL | j ESUGCEGEECECECE ENESUREOEEEEEES EESEEEEEEE i PELGESEEGEGGEGE GEEGCSEEERESEE GSREEEEE ES (ele & |e)a)8)s\e\e\6\s|e le \a\s\e|a)a) ae ‘Low-Income Housing Tax Credit Application For Reservation D. Operating Expenses 3 Soeepctcame “Ope gee Dt Talope Be tat 0 rankope se ECLA) son et Rae al X80 8 Ci ty Mina) ss ‘pee —$= 2008 Page 16 Low-lacome Housing Tax Credit Application For Reservation E. Cash Flow (First Year) 1. Annual EGI Low-income Units fom (Cl) aaa [2. Annus! EGI Markt Units from C2) + 5 3. Total Effective Gros Income 7 sam |4. Total Expenses (fom D) soz JS. Net Operating Income - suse (6. Total Annual Detx Service (from Page 21 B2) : ssa] |7. Cash Flow Available for Distribution - sit F. Projections for Financial Feasibility -15 Year Project Stabilized Yeart_| vear2_| vear3_| Vears | Years Eff. Gross Income 1.298912] 1,337,880] 1,378,016] 1.419357] _1,461,939| Less Oper. Expenses 650,232] 676241] 703,291| 731,423) 760,679] Net Income 648,680] 661,638) 674,725] 687,934] 701,258] ‘Less Debt Service 523919] 523,919] 23,919] 23.919] _ 323,919] Cash Flow 124.761[ 137,719] 150,806] 164,015|___ 177.339 ‘Debt Coverage Ratio 124 126 129 13 134 Year6 | Year? | Vear8 | Year) | Vearl0 [Bf Gross Income 1,505,793] 1,550,969] 1,597,498] 1,645,423] _ 1,694.7 [Less Oper. Expenses 791,t07| 922,751] 855,661] 889,887] __ 925,483) Net Income 714,689] 728,218] _741,837| 755,536 769,303) [Less Debt Service 523,919] 523,919] 523.919] __s2s.oi{__ 523,919) ‘Cash Flow 190.770| 204,209] 217,918] 231,617] 245,384 ‘Debt Coverage Ratio 136 139 142 14 147 Year| Yer? | Yeari3 | Yearda | Year is [EMT Gross Income 1,745,630] _ 1,797,999] 1,851,938] 1,907,497] _ 1,964,722 ‘Less Oper. Expenses 962,502] 1,001,002] 1,049,042 1,082,684] 1,125,991 [Net Income 783,127] 796,996] 810,896 824813] 438,730 ‘Less Debt Service 23919] 523,919] 523,919] 523,919] 523,919] ‘Cash Flow 259,208| 273,077] 286,977] 300,895] 314,811 "Debt Coverage Ratio 149 132 135 137 1.60 Estimated Annual Percentage Inerease in Revenue 3.00% (Must be < 3%) Estimated Annual Percentage Increase in Expenses 4.009% (Must be > 4%) 2008 Page 17 Low-tacome Housing Tax Credit Application For Reservation ym. PROJECT BUDGET. ‘ConuasivMaximum Allowable Credit {Complete cost colamn and basis columas) as appropiate through AI2. Check if the following ‘documentation ie stached at FAB 8 1D Executed Construction Contact 1D Executed Trade Payment Breakdowa Appraisal 1D Other Cost Documentation 1 Environmental Studies [NOTE Ramey moat oan ‘among der thge, as 0 corecinss of the neusion ofeach coat fem nei] basis, ype of erect ang numeral calculators a ts Pat Vl “ant oF Cm ao TO Ta Blgie Base Use Apple Clune “ae Nr Vane Cede Ty em caveat Drain | One "70% Pret Nevcwamcion | Vas Cra [i Conracr Cor A Ofte ngrovenene ° © Oar Comma Spzes @ D. Untstacires Ber) @ Unt Sracnres and) o FAs Bung) $ ©. Aasesor Renova = 1 Denotie| o 1 Commer Spice Cons o 1 Src Paring Gage jz K Sibu (Sum 4.1 : Geer Requests : ni ©. ° ° ° ° p a SI) 2 @ Sora (Su KAP) 5700519 ‘Grnee Cove A. Bling ert a| 0 * B. _Arh/Engn Design Fe 75,00) a 7500 a « sori) © Tit Spansion Fee «itn DT o o| o * BSoiBorns a a a 3 2009) Page 18 Low-Income Housing Tax Credit Application For Reservation “Anant of Con apo 100% Insc give Dass Appeal Cols) “Sis reser Vee Ci o, em your Brregsiioe ‘One “rose Preet Owen Cone Cotneed Caner tone ® a o Orion Fe 6. Conmcon tere 19500 | o 175000 o ‘C008 for 0 mons) 1H. Ta Deine Conmncton ire ° usg30 4 1. tsnce Dag Contraon 1600, 2 400 a 1 ComCerieaton Foe 1400 a Ta6 a K. Tose Resrig “00 | o 73.00 a Legal Fees or Cling a0 o 3,00 | co 1. Pemanet Le Fe a @ 2 a (0%) 1. Ot Femannt Loma Fess “ ° ° o 0. Cet Ekanrment a o o o P. Monge Bicker 3 3 % @ @. Enwonmenal Stay a @ Srna Mechanic Sty Ta00 2 To a Agra Fee 700 2 700 | o Met Sty 38 0 3.000 | a U, Opening Reserve as 2 ° a ¥. Tecra Fee siole 3 o a W.orHER a Saw was = (SEEPAGEI9) stb (Sum 24.2) suas $3.20 sistas 0 Subtotal 2 supiezos 320 ssa 0 (von + Contr Cons) 3: Deeper Fees ssi « 11.798 ° 4. Owners Acqion Cots Lad sub ——se90 ‘5. Toa Dereepment Cast Sibu 20 s1azi3%0 9208918 eh sppleatin scarab cred ly, a whch here no acon ad change a owner ppd value ora asonmen val here! (tach documentation st Tab) 2008 st cm te preter Page 19 igi Bso-Use Agile Column) Tis resent Vas Cie O, en cos raw Onea “70% Preset WOTHER OWNER COSTS Coningeney Rene 19000 | 219000 | « (Retabor Adin Ree cl) LUST ADDITIONAL ITEMS a sesame 2 0 Sine EI 2 a o 2 a a = a —— Oe a Te ee 0| 2 —Csé/ aecetm Te mat reste Sui (Other Over Cons) s9s40 526300 svo1268 es 2008 age 198 Low-Tocome Housing Tax Cred Application For Reservat Elgile Bate-UseAppeabe Cotuna() Se Present Vale Creat ‘ORaw— 0) Ne overeat en (con Aoustion Cosmet aoe E_TealDacopnent Ome Sshoal ae 1476.03 4331390 9208915 4 6 Redo in Egil Bais ‘A. Amount of federal gran used to fanee ‘galing development cos 1B. Amount of sonal oncoune Saansng © 0 0 ©. Gossotnongaipng nits ohiger ual (er exes prtos eo) , Hise Tx Crt (essential prion) o 0 o 7. Total Bib Basis Sma 6 above) 4331390 anions o 1. Adjustment igi Bass Formovacqson os inci bars) (0) Foc Eau ot LEED Cerifiaon AND 0 Boras Pits ° ° (For QcT er DDA (ible Basis 30%) agen ° “Total Adjsted Big 1939109 2 9 Appia ration 19.00% 00000096 oncom 10, Total uses Basis Same as Part 1X-C) sonia 10391569 o (Gighle basis Applicable Faction) 11, Appiable Percentage 32%. 0% a Allowable Credit wader IRC 42 sna en x (Qhibed Bass Apne Percentage) (Game a Pat IX ad equal tor more Ta ‘eu amount reused) ors 2009 Page 20 Low-Income Housing Tax Credit Application For Reservation BL Sources of Fends 1 Construction Fnaneag: Lis ndvidualy the sources of consrucion Sansa, nclading ny sich ‘oun fiancodough grata: Conmitwetsorlece) fine aached (TAB T) 2. Permanent Fhancng: List inv the sources ofl pemanent harelog in oder fen poston: swonara [apite| conn] “aes | tomes | Er | te |e Laramie oe) aaa seal toad al f “| | — sen tee! a sl ‘sof onc oo) J is al acon] il J A {@ Commimexsorletes) of iat atched TAB T) 3. Grants: Lil rans provided forthe development sousatrns_| rope | comin Phoenix Ast Management a0 Tom Perret Grants 1D Coemiens or te) of intent tached (TAB 2009 Paget orion of SyicionProees Atul o Hite Tx Cet ‘Amount of ate sori sredis. 30 x Equy 000) so ‘Amour Vegalahisere eds SOx Egy 000) so Eu ht pons wl Fa ‘Conbted Landing TO trans Sain $0000 aly Tt sseaz16 “Tot of Al Sores (82 + B3-+ BC+ BS +86) Sa {oat cain eatin proces excep fr bir a es) ‘eal Devopent Cont 1474603 (From VLA) Less To Sources Funds (From 87 bone) si17e.150 yu equly gu be funded wih onicome tx edit ocd uel K-03) sss4ass Syndication Information (If Appeable) ‘Acta o Acie Name of Sylar etmond Gru Coane Peson Richard McCauley. Phone ESOT Skeet Adres 0 Penberwck A (cy Geek Tae Tp 1 Tote sity cp se of reg med pares) suse {Equity Dolls Per reat (eg, S085 pedro ei) ‘shar € Parl of omnenp entiy (ep, 998 9998) Tse 4 Neco ount spt yer of ete 319,08 «Syeda cose inlaedo VIIAS Ce vires) = ‘Net anont which il be sed to py fo Toa Development Cot (te) ste i Pat VIEAS re amount Pa IXD3) ssossase Aan of anal edit eel fer above mounts (sine enour a Pat D8) sisoar Net uy Pater 5 /(C6X 10) (Gee amour a Pa X-D8) Mist be eal oper han 8% a1s9% Sync: 1 pater Pivse vets 1 tatviel or 1 corporate syndeaon cement eter finent tached (TABU 2009 Page 22 LLow-lacome Housing Tax Credit Application For Reserva D. Recap of Feder Sate, Local Fund Any Credit Enhancements 1. Are ay potions of he sce find decribed above fr the development frances det or ndetly ‘ih Feder Sher Loa Government Fn? ver ON yes thn ches the ype and ist he mou money volved Below Markt Laas Matt ate Loss ‘See Blow For SO Tet tus @ Tec Beenp onde $8000 TanaleBoads 2 O RDsis ‘SQ Secon 220 $0 1B Sein 201610) SG Semen 221048) 0 1 Seton 312 SOG Seon 221640) 2. 1 Sete 236 SG Semion236 0 G ViDa spaRCREACH SL Secon 2319 2 1D Hone Funds 3) Ober 2 1B ter 30 Bone 0 ‘Sons ‘Sais creon sO Site so 5 pas S| Oto 1 Oter TAP, ToT ‘hismennsgatsaiheswmeslp. you eee ous Gace by lity which recived oof te sed rats pee tit the pope lon colenn athe and deere the apa ogra whe ded Sobeidie ning et al suc fnding for pos. Documentation Attached (TAB) 3 Does ay of ou facing hve any ce enancenes? Ove aw yes iswhich ula and deere te red emcee 4 oer susie 2 Documentation Attached TAB Q) (D” Sxion8 Res Suplemet or Renal Aastnce Pay 1D TaxAisenent Done, I HUD appa for nter of phys eet equi? ave ne E, For Tramucions Using Tee aompt Ronde Sseking 48 Cree: or pepo ofthe 50% Testa based ony on he ta entered pti ion ee aa ein 2009 Page 25 Low Income Housing Tax Credit Appliation For Reservation 1. ADDITIONAL INFORMATION, Extended Use Restriction 1D This developmen: willbe subject to the standard extended use agreement which permits early termination (fier the mandatory year compliance pried) ofthe extended use peviod (0. This developmen: wil be subject to an extended use agreement in which the owner’ ig to any carly termination ofthe extended use provision is waved for 25 aditonal years ater te 15- yea compliance period fora total of 40 years. Do not select if XB is checked below. [B_ This developmen wil be sbjec to en extended use agreement in whic the ove ig to any carly termination ofthe extended use provision is waved for 38 additonal years ater bw year compliance period fora total of $0 years. Do not selec fT. is checked below. B, Nonprof/Local Housing Authority Purchase Option/Right of First Refusal 1. CO ARershe mandatary 15-year compliance period qualified nonprofit as enti inthe tached nonproft questionaire, or local housing authority wl ave the option to purchase the right of fit refusal to acquire the development fra price not to exceed th oustnding debt and ext tates. Such debt must be limited tothe orignal mortgage(s) unless any refinancing Is approved by te nonprofit. Do not select extended compliance i selected in DCA above. “Option oF Right of First Refusal in Recordable Form Attacked (TAB V) Enter name of qualified nonprofit: DA gual nonprofit or local housing authority submits «homeownership plan commiting to ‘sell the unt inthe development after the mandatory 15-year compliance period to tenars whose Incomes shal notexceed the applicable income imitate ine of tel initial occupancy. Do not select ifextended compliance is selected in CA above Homeownership Plan Attached (FAB J) . Building-by-Building lnformation (Complete page 25 a appropriat) [NOTE: Each recipient of an allocation of credits wil be required to record an exended use agreement as required by the IRC governing the use of the development for low-income housing for atleast 30 years. However, the IRC provides tha, certain circumstances, such extended use period may be terminated eary Page 24 uve Income Honing Tas Crt Appenon For Rervaon © sg tg arse etn sul yaa Conpa Be sont ec iy BS thet ie ae ne_| "xr | See [er face] cee | ee Pe Fok 209 Pues [Lr aoe ming Ts Crt Appa Far Reservation anny ug atraon ‘ues mute leks Complain Some ee | ee | ele | el ah q tnd | = >| son] Qatar anew Ca co 2009 2250) Low-Tacome Housing Tex Cred Appleton For Reservation . Dlerminaton of Reeratn Amount Nodal [Fhe tong caciaon af he arsourl of weds nesdod ie sablatly the sare a the calciaton which wil be made by] [YHA to detorne, 2 equred by tho IRC, the emeunt of ceate which may be alocated for he Sevtopmert However [YHA at a times retanethe right substi such nfrmaton and sesunpios as are dterined by VHOA to be reasons fre rosin and sturgons proved horn ao cot (clang developmen fos, pois, eta), surese fr unsng| lexpaced equty. cic focordngly, fhe devolopment is elcad by VEDA fre servation of eat, the smote of $03} reser may site spicata he smauntyos compe bow, 1, Toe Deveopment Ca (om VILAS, Cau A page 20) 14.7663 2. Less Tol Sources of Fund (om VI-BT page 22) 1170150 3. Equals uty Gop sss 4 Divide by Net Buin Fast (VIC page 22) 61.9% (Pent of yea expe eae guy See) 5. Equal Ten Yen Chet Amount Ned to Fan Gap 139.108 Divide ty en yeas 0 6, Suns Anna Tax Git Reged 1 Fund the Egy Gap sis. 7, TheMaxioum Allowble Ct Amaia 18.77 (Gon VieATScomitbed Bue) (is amoan rns beg or mare tha 6 above) | Resewain Amoi Lae for ahve) esasiassasauanny Cri peri 250 nee (Crier Beam 50 emt 4 ._Atoraey’s Opinion a Raced in Mandatory TAB W) 200 -Fage26 Low-lucome Housing Tax Credit Application For Reser ‘Statement of Owner ‘The undersigned hereby acedge the fllowing: ths othe Best ofits knowlege nd belie al fc infrmation provided een or in connection ‘aewith ste and comet, and alestinates re easonabe ‘hat tw al ime indemnify nd bol harmless VHDA an is assigns apn aloes, costs, damages, VHDA's expenses, an iniites of any nature elo ndecty esuling om, arise cat of, orrelting to VDA seceptance,cosisrtion, pproval or approval ofthe eservation roe and thelosuneeornnisuance of an location of eas, gat andor oan finds in connection herent ‘ha pins wil be signed only for eprsettons made erin for which saifictry documento ‘bred herewith ard that no evisdrprecetations may be made a cornetion wt this pletion nce the denne or anoictions ha ae. ‘hat his ppiton fm, provide by VHDA 0 apc for x eds, including al sections erin reaive to basis, cred clclatos, nd deteminton ofthe amount ofthe credit ncesny tae the evelopment nancial fsb povided oly fr the convenience of VHDA in reviewing resevation request ht compieon hereof in a way gutaeseighiliy fr the credits e enares ta the sour ees applied forks bee compte in aecorance with [RC rquements; an tht ny won herein descbing IRC requirement we fred only as general gudes nd not legal authori. ‘thatthe undersigned espontibe fo ensrng tha he proposed development wil be camped of ‘qulied low-income baldings apd tha it wll al espect satis al applicable requirements of fea {x aw and any ote requirements imposed upon it by VHDA pir llocata, soul one b ened ‘in fr he purposes of reviewing this applcaton, VHDA is entitled to rely upon presentation ofthe undersigned a theincusion of cos in eligible bass and asta the igus and calculation eave ‘othe detemlamlon ef quliid basi forthe development a «whole andor each building there indiviuly a els he amounts and types of red applicable hero, bt tht he seace oF ‘eservaton sed on uh representation po way warn hei corectesso compliance wi IRC reukements that VHDA may resus or equie changes in he infomation submind beret, may suai sown ‘gre which dee reasonable for any oa fgrsprovies herein by the unersiged and may reserve cred, any, nan amount signiealy dierent om the aout eget. ‘he reservations of els ar ot wnsfable without pie writen approval by VHDA ati ole 2009 Page 27 un 12. 13, 2009 thatthe requirements for applying forthe credits and the terms of any reservation or allocation thereat are subject to change at anytime by federal or state law, federal, state or VHDA regulations, o other binding authority that reservations may be made subject to certain conditions tobe satisfied prior to allocation and shall, in all cases be contingent upon the receipt of 2 nonrefundable application fee of $500 and nonrefundable reservation fee equal to 7% ofthe annual credit amount reserve, that a tue, exact, and complete copy ofthis application, including all the supporting documentation ‘enclosed herewith, has been provided to the tax atorney who has provided the required atiorey's ‘pinion accompanying this submission, and thatthe applicant has provided a complete list of ll residential real estate developments in which the several partier(s) ls (have) or lad contlling vwnership inves ad ia the ease of thse projects allocated credits under Section 42 ofthe 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 ‘hat the information in this application may be disseminated to others for purposes of verification or other purposes consistent withthe Virginia Freedom of Information Act, However, all infomation will be maintained, used or disseminated in sccordance withthe Government Dats 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 orginal ot copy of this application may be retained by VHDA, even if tax credits are not allocated tothe applicant. In Witness Whereof, the undersigned, being authorized, has caused this document to be executed in its nameconthis —_12.dayof May, 2008. Title Page 28 snes ne ELF scone eer 4 Atoneys are You * 1 Cee nn mm = ee omen MM 2S a ferrari ae. | =e Ein, econ ber 28 pram Ne cos oer Serres moans me 5 Onteniente Berger aah Py Noes ee ine ence 3 Gbps nxt anepmet ha «pg use oF nesounces cee ee ee ————————— as tora creo eno = TABA @ocumentation of Development Location) Location Map 2823 fairfield Ave. Richmond, Va - Google Maps Tage 1 of L ‘A Andover Place Apartments 2823 Faifel Ave # 8, Renmond, VA ~ ‘ntp:/fmaps.google.com/maps7hl=endtie=UTF8&q~2823+Hfairfield+Ave.+Richmond,+Vadet... 5/6/2000 2823 field Ave. Richmond, Va-Ciongle Maps Page 1 oft Goggle hitp/imaps google convmaps7hi=endtie-LTPR&4=2R7%hirfield+Ave +Richmond.+Vaae. SI6/2009 TAB A.1 (Qualified Census Tract Certification) ea VHDA. Qualified Census Tract Certification Development Nome: _Andover Place Aporiments Trocking # 1. General instructions ‘+ Thi Certiication must be included withthe Application (by Anpcation Deadine, 5/15/09), ‘+ The Owner/Developer completes ths Cetiication, ‘+ Anr change in this fr may result in @ reduction of points under the scoring system. ‘youhave any questions please call Jim Chandler of VHDA (84) 343-5786, 2. Definition of Quoliled Census Tract Pursuant to §42(6)(5)(C){i) ofthe IRC, o qualified census tract is, “l) Any census tract which is designated by the Secretary of Housing and Urban Development and, for the most recent year for which census dato are available on household income in such fect, either in which 50% or more of the households have an income which is less than 60% of the area median gross income (AMG! for such year of which has 0 povery rate of ot least 25%. if the Secretory of Housing and Utban Development detetmines thot sufficient data for any period are not avaiable to apply ths clause. (on the basis of census tracts, such Secretary shall apply this clause for such period on. the basis of enumeration distics. (I The portion of @ metropoitan statistical area MSA) which may be designated shall not exceed on area having 20% of the Population of such MSA, [ll] Each MSA shall be treated a: @ separate orea ond ol on-retropolitan areas in @ State shallbe treated as one ceo,” 3. Consus Tract #3): Care SEE ee eee [eee eee D1 Todetermine the developments census oct, go to hip imap se aautubscneintcin ond utin ne development adress or couniy, The census rac! number wil be reveled ‘fer pressing the "seorch” button. On a rare occasion, when @ development spans more thon one census tact. ths website may show incomalee information. IF he subject development i across census tacts, please Ist 0c Census tac! by Number and Provide supporting documentation, G1 Atoch o map showing census tract boundaries and the development’: location! Legal Description C1 Aitoch @ copy of the developments legal description: the legal description should correspond fo the site control document inthe ADpscation. EXHIBIT LEGAL DESCRIPTION INCLUDES BOTH CITY OF RICHMOND AND HENRICO COUNTY PROPERTY PARCEL I: ALL that cetun lo, piece or parcel of land with improvements thereon and appurtenances thereunto belonging, lying partly in the County of Henrico and partly in the Ciy of Richmond, Viginis, and bounded and desribed as follows: BEGINNING atthe point of intsection of the easier right-of-way line of Interstate Route No. 64 And the northem line of Fairfield Avenue; thence N. 41° 30° $0 W. 0.66 fect slong the caster htof-way line of Interstate Reute No. 4 fo a point thence continuing along such line N.34° 31" |W. 425.66 feet oa point; thence continuing along such line N. 16° 43°50" E. 76.1 feet toa point, {hence continuing slong such line N. 71° 46120" W. 108.5 fe toa point; thence continuing slong, such line N.36° 44°20" W 49810? fect point; thence S. 73° 31°20" E. 542.70 fet wa pet on the westem line of Coot Lane; thence in a southerly direction along the Wester linea it curves on 8 curve fo the left, such curve having a radius of $29.83 fee, a distance of 24544 fet to a point thence continuing along the west line of Coal Lane S. 23°14 58" E. 70.22 feet oa point, thence S, 18° 05' W. 98,82 feet 10 a point on the nother line of Fairfield Avenue; thence 8 84° 42 10" \W. along such ine of Fairfield Avenue 250.92 feet 0 a point; thence continuing along such line as itcares alonga curve tothe left such curve having a radivs of 1033 fet, a distance of 203 18 feet. to the point and place of beginning, PARCEL M: ALL that certsin parcel of land with improvements thereon and appurtenances thereto belonging, situate entry in the City of Richmond, Virginia, on the southern lie of Fairfield Avenve and the westerr property line of Creighton Road, east of Interstate Route No, 64, and north of 16 foo alley, conning 1.059 acres, and more particularly described as follows BEGINNING atthe intersection of the westem property line of Creighton Road, as it rans northerly and southeriy, and the southern property line of Faire! Avenue, and from said point of intersection running S. 11° 2830" W. 129.85 feet along the westem property line of Creighton Road tothe northem line ofa 16 foot alley which divides this paeel from the subdivision known a Kane Gardens, Section C; thence N. 787 31°30" W. 15 feet oa poi; thence running 8. 89° 51°05" \W. 401,86 fet to the eastem progr line of Interstate Route No. 64; thence running N. 34° 31° W. 81.30 feet along the last mention lie to te southern property line of Fairfield Avenue; thence running along the last mentioned line the following courses and distances on curve tothe right having a radius of 96700 feet an ee distance of 159.26 fetta point, and N. 84° 42" 10" E.333.19 {ett the point of beginning PARCEL Ii ALL that certain lot, piece or parcel of land with improvements thereon and appurtenances thereto belonging, iying and being in the County of Henrico, Virginia, and bounded and described as follows [BEGINNING at the point of intersection ofthe easter line of Cool Lane and the Western line ofa 20 foot planing strip; thence in a nonberl direction along such eastern line of Cool Lane, as it curves, which curve has a radius of 769.83 fet a distance of 158.47 feet toa point: thence 8. 73° 31°20" E, 84.61 fet toa point on the wester line of 820 fot planting strip; thence S. 18° 13°40" 'W. 136.30 fet to the poit and pce of beginning LESS AND EXCEPT FROM SAID PARCELS that certain propery conveyed to the Commonweath of Vieginia by Morton M, Zed and Seth Corporation, partners tading as Fairfield Development Company by deed dated January 5, 1965, recorded in the Clet's Office, Circuit Court, County of Henrico, Virginia, in Deed Book 1193, page 363 forthe constrction of interstate Route 64 BEING a pan of the same property conveyed 19 Morton M. Zedd, Sandowr Corp. and Seth Corporation, parners trading as Glenwood Associates a Virginia general partship, by deed of partition from Fairfield Development Company, dated April 2, 1977, recorded April 22, 1977, in the Clerks Office, Circuit Court, County of Henrico, Virginia, in Deed Book 1718, page 826, snd fecorded April 26, 1977, inthe Clerk's Office, Circuit Cour, City of Richmond, Viena, in Deed Book 720, page 646, By Amended Certificate of Partnership filed by Glenwood Associates dated May 28, 1978, recorded August 9, 1978, inthe Clerk's Office, Circuit Court of Henrico County, Virginia, in Deed Book 1783, page 991, the Cerificate of Partnership was amended to show the partners as Morton IM. Zedd and Sandown Corp, Seth Corporation having withdrawn from the partership as of May 28, 1978, On December 2, 1991, a Cenifcate of Limited Partnership was filed in the Sate Corporation Commission for the Commonwealth of Virginia, by Glenwood Associates of Richmond, LP. converting Glenwood Associates, a Virginia general partnership to Glenwoo! Associates of Richmond, LP., whereby Glenwood Assuvates of Richmond, LP. succeeded tothe ownership of interest neal estate held by Glenwood Associates. A copy of said Certificate i recorded in the CCleri’s Office, Circuit Court of Henrico County, Virginia, in Deed Book 2661, page 518, and inthe Clerk's Office ofthe Circuit Court ofthe City of Richmond, Virginia, as Instrument No. 96-14132 ‘On November 8, 1994, Articles of Organization were fled in the State Corporation Commission for the Commonwealth of Virginia by Glenwood Associates of Richmond, LLC. converting Glenwood Associates of Richmond, L.P, a Virginia limited partnership, to Glenwood Associates of Richmond, LLC. whereby Glenvvood Associates of Richmond, LL. succeeded the ownership of or interest in realestate held by Glenwood Associates of Richmond, L.P. Said Certfiate is ‘recorded inthe Cler’s Office ofthe Circuit Cout of Henrico County, Virgina, in Deed Book 2563, age 2200, ad inthe Clerk’s Office ofthe Ciruit Court of the City of Richmond, Virginia, in Deed Book 425, page 42. BEING FURTHER DESCRIBED AS FOLLOWS: PARCELI that certain piece or parcel of land wth al improvements thereon and appurtenances ‘Thereto, belonging, lying and being inthe City of Richmond and County of Henrico, Virginia, s more particulary decribed as follows: Beginning a old rod at the intersection ofthe noth line of Fairfield Avenue and the Easter ine of Interstate Route 64, ‘Thence, (1) ina northwardly direction along the easter line of said Interstate 64, 'N.41°30°50” W. -0.66 fet to an old rod; ‘Thence, (2) continuing ina northward direction slang the easter line of eaid Interstate Route 64, N.3431°W. ~ 425.66 feet toa found stone, ‘Thence, (3) continuing ina northwardy ditection along the easter lin of said Interstate 66, N. 164350" E.- 76.41 feet oan old cod; ‘Thenee, (4) ins westwardly direction along the easter line of said Interstate 64, IN. 71%46'20” W. - 10505 feet oan old od; ‘Thence, (5)ina norhwardly direction along the eater line of said Interstate 68, IN 36°44°20” W. ~ 32802 feet oan od od; ‘Thence, (6)in an eatwardly direction, . 73°1°20" E, 942.70 feet oan old rod On the wester line of Cool Lane, the point of eure; ‘Thence, (7)in a southwardy direction along the westem line of Cool Lane in a curve To the lft having a radius of 879.83 fet, a length of 245.44 feet, A chord bearing ofS. 14°46'34"E, and a chord distance of 244.55, Feet to an old rod; Thence, (8) continuing in a southward direction along the westem line of said Coo! Lane, S.23°14°58" E, ~ 70.22 feet oan old rod, Thence, (9) continuing ina southwardly direction, S. 18°05" W. 9482 fet to ‘An old rod on te northem line of sid Fairfield Avenue; Thence, (10) ina westwardly direction along the northern line of said Fairfield ‘Avenue, S. 8474210” W. — 250.92 feet toa found stone, the point Of curve; Thence, (11) continuing ina westward diretion along the norte line of said Fairfield Avenue ina curve tothe let having a radius of 1033.00 feet, A length of 203.18 feet, a chord beating ofS. 79°04'24" W. and a Chord distance of 202.4 feet 1 an old rod, the point of beginning. The herein described parcel of land containing 7830 acres of land as shown on ‘A plat of survey prepared by Steven B. Kent & Associates, PC, dated May 16, 2007. PARCEL Al that certain piece or parcel of land with all improvements thereon and Appurtenances thereto, belonging, ying and being inthe City of Richmond, Virginia, as more particularly deseribed as follows ‘Beginning at found stone atthe southwest comer of Farfield Avenue ‘And Creighton Read; ‘Thence, (I) na southwardly direction along the westem lin of| Stid Creighton Road, . 11°28°30" W. ~ 129.85 fet oan old eros cut onthe northem line of3 16 fot Ailey; Thence, (2)ina westwardly direction along the northem line of said 16 fot alley, N.78°31'30” W. ~ 15.00 fee:toan old con the northem line of suid 16 foot alley, Thence, (3) continuing in a westwardly direction alongthe northem Line of said 16 fot alleys. 89°51'0S" W. - 401.86 Feet oan old rod onthe caster ine of Interstate 64, ‘Thence, (4) ina northwardly direction along the easter line of said Interstate 64, N.34°31°00" W. 81.30 feet a found Stone on the southem line of Fairfield Avene, the point Ofcurve; ‘Thence, (5) n an eatwardly direction slong the southern lin of sid Fairfield Avenue in acuve tothe right having a radius of 967.00 fet, length of 159.26 feet, chor bearing of IN. 8090123" E. and a chord distance of 159.10 feet toa Found stone; ‘Thence, (6) continuing in an eastward direction alongthe southem tne Of sid Fairfield Avenue, N, 84°42°10" E.~ 333.19 fet ‘Toa found stone atthe southwest comer of Fairfield Avenue And Creighion Road, the point of beginning. ‘Te erin described parce of land contains 1.059 acres of land as shown Ona plat of survey prepared by Steven B. Kent & Associates, PC, dated May 16, 2007 PARCEL IIL {All that certain piece or parcel of land with ll improverrents thereon and all ‘Appurtenances thereto, belonging, lying and being inthe County of Henrico, as more paticulaly described as follows: ‘Beginning tan old rod at the intersection ofthe eastem line of Cool Lane ‘And the westem line ofa 20 foot planting strip, the point of curve, ‘Thence, (1) ina northwardly direction along the sid eastern line (Of Cool Lane in a curve to the right having radi of 76983 fee, a length of 158.47 fect and a chord bearing of 14°05'03" W. anda chord distance of 158.2 fet {oan old rod onthe eastem line of Cool Lane; Thener, (2) in an eastwardly direction, 8.73°31°20" E.~ 84.61 feet Tua od od onthe Wester line of said 20 foot planting stip: ‘Thence (3) ina southvardly direction along the wester line of said 20 Foot planting strip, S.18°13°40" W, - 13630 feet 0 an old Rod onthe eastem line of Coo! Lane, the point of begining. ‘The hare described parcel of land contains 0.14 are of land as shown Ona pat of survey prepared by Steven B. Kent & Associates, PC, dated May 16, 2007, Page 4 0f7 Saundra R. Hirth Drea (e04) 7315781 oe (608) 7735777 sthtbenautean com Kaufman & Canotes, P.C. From: Witte, Dale {mato:Dale Witle@VHDA.com) ‘Sent: Wednesday, October 31, 2007 12:52 PM “To: Hirt, Sauncr@R. ‘Subject! RE: Andover Place Apartments TAB 2, VHDA Notification Letter to CEO anu Development Information ‘Sheet Saundra, ‘As you may be aware, census tacts are identified by an 11 git umber, The fst 2 digs identity the state, he ext 3 cigs identy the locally, andthe remainders ident the indicual cenevs tract ise, No Consus tects ‘overlap jursaicional Boundaries. The census actin Herrco Ie §1087201003, The census tract n Richmond Is 51760020200. Therefore. the $2 units local in Hanon County ar notin 8 OCT ‘The Hubzone website works wel n nea alinstances, since most developments do not overap jurisdictions. Dale wie ‘Senior Tax CreitAlocaton Officer Phone (604) 343-5876 Fax (804) 343-8722 dll cn From: Hirth, Saundra R, [maito:shirth@kautcan.com] Sent: Wednesday, Outvber 31,2007 12:21 FM To: Witie, Dale Ce: Royce Muiholand; Hunbert, Richard L, 3; Michael O'Donnel ‘Subject: FW: Andover Place Apartments“ TAB Z, VHDA Noticaion Letter to CEO are evelopment Information Sheet Good Moming, {ust received your mail regarding Andover Pace, ‘Thank you for commence the aplication review process so promptly wit respect othe qualifed census tract ise which you raised in the email, | am fowarding the below emai 12/17/2007 Page 5 of 7 ‘xchange wich you and | had back in Augustin which you acknowledge thatthe HUB Zone fles support he clam that the projects located ina qualified ceneus tract, We attachesto the application (end tothe below email), the SBA's HUB Zone locators foreach ofthe building ‘adoresses. As you and | iscussed inthe below emails for each bung addresses, including te tidings located in Henrico, the HUB Zone locators identity each ofthe buildings ae being located in a qualifies conaus wreck | wil folow ub with answers fo your other questions shorty Saunera R. rth Drea (00) F757 Fe (909 7715777 smia@eteoncam Kaufman & Canoles, P.C. From: Witie, Dale [malt:Dae.Witie@VHOA, com] ‘Sent: Monday, August 20, 2007 4:50 PM To: Heth, Saundra R Subject: RE: Andover Place Apartments ~TAB Z, VHDA Notification Letter to CEO and Development Information heck ‘Saundra..not Sandra..my apologies. bok ike the Hub Zone ies support the claim tha the entre property is inaacr. Original Hesnoge—— Fron: Hith, Saundra R. [maito:sthith@kaufcan com) Sent: Monday, August 20, 2007 4:39 PM To: Wite, Dale Subject: A: Andover Place Apartments - TAB 2, VHOA Notficaton Letter to CEO and Development Thformation Sheet Thi somal 3 of 4 Seundra R. Hirth Brea on) 70872 Foe: (90) 773.5777 127172007 Page 6 of 7 tichaevtean con Kaufman & Canoles, PC. Rehmona, va to8t5 on oY From: Hirt, Saundra R. Sent: Frcay, July 06,2007 1:4 PM ‘To: Texcredtapps@vhs.com! Ce: dele. witie@via.con Barmhil, Catherine U.; Murber, Richard L., J Foster, P. Holle ‘Subject: Andover Pisce Apartments - TAB Z, VHDA Notification Letter to CEO and Development Information Sheet {1am counsel to TMG Richmond IV, LP (the "Project Owner"), the contract purchaser of Andover Place ‘pasrens (te Project). The Project Ovner nds o subi Low Income Housing Tax Grek eaton The Projects located partial in the City of Richmond and partial inthe County of Hemrco. Accordingly, {have stached two VHOA Notification Letters to CEO and Development Infomation Sheets (TAB 2), ‘one fr the County of Henrico and one forthe City of Rirmond {1am copying Dale Wie to confirm our July 8, 2007 conversation regarding the determination ofthe {onsus rat forthe Project. esignaton of “qualfled census rac” and metropolitan area determination. ‘As caussed with Mr. Wie. Ihave ran each ofthe propery adcresces tough the SBA's HUB Zone Locater. Accorsng tothe HUB Zone Locator, each of he unis located within the Project are locate in ‘census tract 202.00 8 qualified census tract, and each ofthe uns located within he Projects located \witin a metropoitan area. Wile, this information doesnot appear to be consistent withthe designations ‘sel form in Appendix AS, | beieve the discrepancy is caused bythe fat thatthe property ovens two juriscietonal boundares. For your reference, have attached copies of te HUB Zane Maps foreach of {he unts: We would greaty eppreciate a return email coneming these conclusions. ‘theres any adtonal information which | can provide to you at this ime, please contact me at (804) rrsi21 ‘Tank you for your assistance, Saundra R. Hirth Dea! 00) 7313721, fn 008) 7715777 chphauan.com Kaufman & Canoles, P.C. vi7PoAT SBA HURZone tocetor Page | of 2 2 NMoptiveetor the web 3.62.00 t — HUBZone Progr -Aaldress-Town-County ‘Text-Only US.Map Seat Help vauan DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2810 Fairfield Avenue, Richmond VA, 23223 is leated in Census Tract "1760020200" which 1S HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with estar to qulified HUBZone areas Below the map, you may find information on why the address was found to bein s HUBZone Area, Neteatare duk tt nuT at ser an azo define sispiy are by employing ine drug funtion of ine movseersr Drescing ea cedo receter the ap taates ted [eencarty —— Coscteme tay et eat ores Mapa oe a ay ies BASIS OF HUBZONE DETERMINATION «the adaress located in a Metropolitan Area? YES Js the aadress located in a qualified or redesignated YES bpiimao ste sovwhubzone/heary asp’eommank 1OsFairfelds Aver SBA HUIRZon¢ Locator Tage 2 0f2 1s the address located ina BRAC Commission-clased ) former military base? No) the aes located ne HUD Dif Devlopment vy deat Is the adress acted in a indian Country area? No ‘Ifyou firm's principal office is located inthis area which is qualified as a HUBZone (Principal office ‘means the location where the greatest number ofthe concern's employees ai any one location perform ‘heir work.13 CFR PART 126 103), you are encouraged 10 apply for the HUIRZone Empowerment Conmacting Program ‘You may apply now for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY to Search Address (include either Cy & Sut or 21P Code - omit [adres 1 00m map tw clr Z1P cde are) [County stet adares: oun: cay a sate [3] sate 3] 21 Coae:| search | Reset | —Seench | Roost | mpl. sbs.govihubsone/hisyy aap mand=adaress&STREET=2810+Fatrhelo+Aven, SBA HUBZone Locator Page lof 2 Tp. aptitude tor the Web 3.52.00 at HUBZone Progr eae eS —— Aadrese‘Town-County US.Map aia Help ree Version DETERMINATION OF WHETHER AN ADDRESSIS IN A HUBZONE. 2611 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which 1S. HUBZone qualified. ‘The map below shows the relationship of this address (marked with st) to qualified HUBZone areas. Below the map, you may find information on why the address vas found tobe in a HUBZone Area, Now click on the map tozoomin ean sr can alee define Licey wes by etoyng ie dagsing fartton of hte moustersr Drageing can te usedto wwiontd A Gatie FE bdncarey Clear gee Si oe emer dn Povey Map forth ay Ciper BASIS OF KUBZONE DETERMINATION s the address located ina Metropolitan Area? YES 1st ars located na qualified redesignated a Inpstznap sba.gov/hulbaone/tzory ssp command=address@STRELT: 1 +4FaiceldAve SRA HUBZone Locstar Page 2 0f2 1s the address located in a BRAC Commission-closed ) former mibary base? No 1s the adress located in a HUD Difficult Development 5 Area? 1s the acaress located in an Indian Country area? xO Ifyour firm's principal ofie i located in this area whichis qualified as @ HUBZone (Principal office ‘means the location where the greates! number ofthe concern's employees at any one location perform ‘their work,13 CFR PART 126.103), you are encouraged o apply for the HUBZone Empowerment Contracting Program ‘You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search ‘Address (include cher City & Sat or ZIP Code some. adress ozeom map ctor ZIP coe area) set agers | ny & sate [J nV ote Search | Reset Scorch | Reset | hupJtmap sb gov/nubeone/hzory-asp?eommand=addirese& STREET=261 ++FairfiekdvAve. SBA HUW Zone (oestor Page 1 of 2 Mactitule forthe Web 3,82. B® HUBZone Progr CSS EEE aaa aoe” UsMap — idres-Town-County yyy Tex Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2812 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. “The map below shows the relationship ofthis address (marked witha sta) to qualified HUBZone areas, Below the map, you may find information on why the address was found to be in a HUBZone Area, Nov click on the map tozoom in. ier can ko define splay are by embying he aezing funtion of he moustersr racing canbe used recente te map record Baad BErtmcarsy —— Clstcher tyne tet ort ian Ponty Mapu or he We Cainer BASIS OF HUBZONE DETERMINATION 3 the address located in a Metropolitan Area? YES Isthe address located in a qualified or redesignased ‘ensue tract? es Inups/imap sba.g0 vinebeone hzary aspcommanl=adhlies .STREET=2812+Fairfeld+ Aven SBA HUBZ0re Locator Page 2 of 2 1s the address located in a BRAC Commission-closed former military base? ta tthe adres located n @ HUD Difficult Development io Area? a 1s the adress located in an Indian Country area? No your firm's principal office is locoted in this arca which is qualified as a HUDZone (Principal office ‘means the location where the greatest number of the concern's employees al any one location perform their work, 13 CFR PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY 10 Search : r Ags tan iter Are ih Cns-an— | |auldress 10 zoom map 40 a city or ZIP code area) j commie sre aadrans | iebbbcosces Terrace cee + cwasues{———— [3] | ste: 3] seoten | Reset | —Seae | ec} | SBA HUBZone Locator Page 1 of 2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2813 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "S1760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this address (marked witha star to qualified HUBZone areas. [Below the map, you may find information on why the address was found to bein a HUBZone Ares. ver cn ako define the eraeging fonction of he routers raguing can be ose wo ecemer te map. Moet = laatee Bireincariry Clears nay ef et grt ne Pome ty Mapa othe Wal Cpe BASIS OF HUBZONE DETERMINATION ‘she address located ina Metropolitan Area? YES the aires located no qualified o redesignated Ae sp usp sba gowhubcne/kaat) asandaddress@’STREE 3 +Furfiela® Aven SBA HUBZone Locator Page 2 of 2 Is the address located tn a BRAC Commission-closed ) former mitnary base? no) 1s the address located ina HUD Difficult Development ns Area? Is the address located nan Indion Country area? NO your firm's principal ofie is located in this area which is qualified as a HUBZone (Principal ofice ‘means the location where the greatest number ofthe concern's employees al any one location perform their work.,13 CFR PART 126 103), you ae encouraged to apply for the HUBZone Empowerment Contracting Program. ‘You.may apply naw for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search ‘Adress (include cher Chy & Site or Z1P Cade omit nares 16 soom map to clo” ZIP code ora) ret addres: cya sees [——— [3] ir cose:[ [___seoren | Reset ‘Search | Reset — np dinsp sha govfadbaxuebausy as sumand™eldressAeSTREFT=/81 4Faurheldt Aven SBA HUBZone Locator Page 1 of 2 Mapthusetorthe wed 3.52, EB HUBZone Progr at BZone Pro. ounty Text-Only Hap! ‘Version DETERMINATION OF WHETHER AN ADD} 'S IS IN A HUBZONE 2814 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. The map below shows the relationship of this address (marked with a star to qualified HUBZone ares, Below the map, you may find information on why the address was found tobe ina HUBZone Area Qismralte @nk suet it ser can asa deine assay area by employing Ihe draging anton of ts mouse Dragaing can be sed to recenter he mp. BASIS OF HUBZONE DETERMINATION Is the aderess located in a Merropolitan Area? ves 1: the adress located in aqualified or redesignated =e hep map sb govibutzone/hzgry asp eommand=address&STREET=28144Fairheld+Aven. Page 20f2 SBA HUBZore Locator ) the address located ina BRAC Conmissionclosed mo former military base? Is the address located in a HUD Difficult Development Area? re. 1s the adress located in an Indian Country orca? No {Ifyou firm's principal ofice is located inthis area whichis qualified as @ HUBZone (Principal office ‘means the location where the greatest number ofthe concern’s employees at any one location perform ‘heir work.13 CER PART 126.103), you ore encouraged to apply for the HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification enter an ADDRESS, TOWN or COUNTY to Search Vacaress neue euner City & Stave or ZIP Code -omis | edie :o0m map toa ci or ZIP code ares) | Street Address: Pair Aven lentdrrecR STREF bm tan cha onvitnhaninetnoeny aeneevnr SRA HUBZon¢ Locator Page of 2 iF Oe, Mopitudetor tte wed 3,872,080 i) boa8 E HUBZone Progr ee ered ——————— sma AdioatToeComy ay ‘Text-Only Version DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2815 Fairfield Avenue, Richmond VA, 23223 is located in Census Traet "51760020200" whieh 1S HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with star to qualified HUBZone ares. ‘Below the map, you may find information on why the address was found to be in a HUBZone Area. Now click onthe map to zoom in Uses can alee define spay ae by emplering he rang incon of te mauler. Dragons canbe used'o recente te map| Measeee Ea Eiders A Fr ay ee rats own Mapa a ha Wey Cage BASIS OF HUBZONE DETERMINATION Is the adéress located in @ Metropolitan Area? YES Js the adévess located in a qualified or redesignated census tract? Bes) hisp/imap sba gowhuone/haary sep 7command=adhess@eSTREET=2615+Farfeld+ Aven, SBA HUBZone Locator Page 2of2 1s the address located in a BRAC Commission-closea Act Jormer military base? 's the address located in a HUD Difficult Developmen: pea Area? Js the address located in an Indian Couniry area? xo ‘If your firm's prinipal office is located inthis area which is qualified as a HUBZone (Principal ofice ‘means the location where the greatest number ofthe concern's employees at ony one location perform ‘heir work, 13 CFR PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification. (Or enter an ADDRESS, TOWN or COUNTY to Search ude ether Ch or omit [Address dn ty & Sat oF ZIP Code a ae cae | street asdress: [SS Pie Comer [ES ae etc | swe | chyasuisf «sd soon | Reset zap Code: | sort | pee] ddressdeSTREET=2815+Faitfieki+ Aven lay nay. sbe.gowdabavs SBA HUBZone Locator Page 1 of 2 a o i al E HUBZone Progr ie Rn eee US.Map — AddreTomn-County aay ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2816 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" whi Is HUBZone qualified. ‘The map below shows the relationship of this address (marked with a star to qualified HUBZone areas, Below the map, you may find information on why the sdess was found 1 bein a HUBZone Area, Now click on the map to 200m én ser an also define sspiyares by employing ine raging Fonction oF ne movstereor Dregne wedio sate: Bes EE rocariy crm tay ae Dest Onan Ans Poms) Map forthe Wel > Cape: BASIS OF HUBZONE DETERMINATION Is the address located ina Meiropoliian Area? YES Je the address located in a qualified or redesignated fensus tract? a bup//map sha govhubzone/hasry ssp SBA HUBZone Locstor Page 2uf 2 1s the address located ina BRAC Conmisson-closed \ former military base? nO 3 the adres octed ina HUD Difful Development = area? [sth adress located ina indian Country area? No Ifyou firm's principal ofie is located inshis area whichis qualified as a HUBZone (Principal ofice ‘means the location where the grectes! number ofthe concern's employees at any one location perform their work, 13 CFR PART 126.103), you are encouraged to apply fr the HUBZone Empowerment ‘Coniracting Program. You may apply now for HUBZone Certification, i enter an ADDRESS, TOWN or COUNTY to Search “Address. (cde cer Cy & State or Z1P Cade adres zoom map to acy or ZIP code aes) County eet addres cy a sue[ 3} nap Code: Sear | Reset ntplimap.sba,govihubeone/bzary sep. SBA HUBZone Locator Page | of 2 a Address-Tewn-County Help Text-Only: DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2817 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "S1760020200" which 3S HUBZone qualified. ‘The map below shows the relationship ofthis eddress (marked with star to qualified HUBZone areas. ‘Below the map, you may find inforenaton on why the adress was found tobe in a HUBZone Area. Tevaiss a fer ca lio define splay area by emporing easing faction of fine moselerer Draping canbe used recente map, edad = ate [rantarty —— Dsctere tay BE es cesteret ie cic y Mapa ore Web Capes BASIS OF HUBZONE DETERMINATION 1s the address located in a Metropolitan Area? vES Is the adress located in a qualified or redesignated ce p-rap sba.gownubaene/bzsry asp 7comsmane=adcress&STREET=2817+Faitfield Aven, ‘SBA HUBZone Locator Page 2 of Isthe address located ina BRAC Commission-clesed former mitary base? ao ‘she adress located in a HUD Difficult Development io Area? {sth adress located nan indian Country area? yo Y.pour firm's principal office is lucwied in this area which is qualyied as a HUBZone (Preneipal ofice ‘means the location where the greotest number ofthe concern's employees at any one location perjorm ‘heir work,13 CER PART 126 103), you are encouraged to apply for the HUSZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY io Search [Address (incu either Cay & Site or ZIP Cose-om | ares voom map tw chy or ZIP code are) oun: j Beenie ere ee exp asate[ PI sate“ / 1 | sdimap sba govhubzonrfnaaey ash?eommnandetdress&STREET=28)74Fairfeldt Aven SBA HUBZone Locator Page 1 of2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE, 2818 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this address (marked with a sta) to qualified HURZone ares, ‘Below the map, you may fin information on why the address was found tobe in a HUBZone Aree, Click on the map to zoom in. user canals esine splay ex by ewpleying je rsgeing func of ine mouteleureer. Draping can te used io recent the map. maiasites Bares idenganty Cleric hee tary ne re es ov Bhai for na Wey Cer BASIS OF HUBZONE DETERMINATION s the address located ina Metropolitan Arca? vES Ji the address located in a guailfed or redesignated ‘census tract? Bed LtydHtamp sba gov/hubauselhzary asp: 7eomnmand-adévess& STH 780 8+Fesfiehd~Aven Page 2of 2 SBA HUBZone Locator Js the addres located in 9 BRAC Commission closed : ) former miary base? NO Is the address located na HUD Diffeu Development a Area? Is the address located in an Indian Country area? NO you firm's principal ofice is locoted inthis area which is qualified as a HUBZone (Principal office ‘means the location where the greatest number ofthe concern's employees at any one location perform their work, 13 CFR PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program ‘You may apply now for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY to Search (Address (metde eter Cty & Sate or Z1P Code omit | edires 1 som: map 1 ly or ZIP cod area) County. County: sie |S] ar cous: esl searen | Reset | Ip. tnap sha govlbuboone/husry ap ovuasul-wblees STREET-2616+Fainfeldraven ‘SBA HUBZone Locetor Page | of 2 & HUBZone Progr ‘Aduiress-Town-County Text-Only US.Map an Help : DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2819 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "§1760020200" which IS HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with a stat) o qualified HUBZone ares, Below the map, you may find information on why the addeess was found t be in a HUBZone Area, Now click on the map tozoom in User can alo deine ple wos by empleving fe cagzing function of Drag can be wed 10 recente he map, vetanees —BGatd Wits COSC tay ED ovr Magid or the Way Cpe BASIS OF HUBZONE DETERMINATION Js the address located in a Metropolitan Area? YES 1s the address located in a qualified or redesignated _ hnp:/map sbasovibubzone/h2ary a5 SBA HUBZone Locator Page 2 0f2 ») ds the address located in a BRAC Commission-closed = ) former mituary base? Us the address located in a HUD Difficult Development ty ‘Area? Is the address located in an Indian Coury area? No ‘Iyour firm’ principal ofice is located inthis area which is qualified as a HUBZone (Principal office ‘means the location where the greatest number ofthe concern's employees at any one location perform ‘their work. 13 CFR PART 126.103), you are encouraged 10 apply for the HUUBZane Empowerment Conmracting Program. You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search | are yrene ren acacia eae ee Steet Addr [ Gity & Sete; PF 73} se cose Search | Reset | bupilimap.sba.govihubzone zary as ‘SBA HUBZote Locator Page 1 of? IMapthude tor the wed 8.52 E HUBZone Progr USmap —AitemcTama-County Help ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2820 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which 1S. HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with a stat) to qualified HUBZone areas, Below the map, you may find information on why the address was found to be in a HUBZone Area. Now click on the map to zoom in spay we by employing te dragging fureion of tne motzleursor Drei canbe used o Wocatet ates [Bracorty chor ayn 2 te ns Povo Blptude for he Waly tp BASIS OF HUBZONE DETERMINATION Is the adress located ina Metropolitan Area? YES Is the address locared mo qualified or redesignated YES ‘mtp:J/map sba.gowhubzone/haary.ssp7eormanc=address&STREET=2820+ Fairfield SBA HUBZone Locator Page Daf? Is the address located in a BRAC Comission-closed ) former military base? ao (s the address locates! in @ HUD Diffcutt Development Rot Area? Isthe address lcated In an Indam Couniry area? No your firm's principal ofie is located inthis area whichis qualified as a HUBZone (Princivel office ‘means the location where the greaies! number ofthe concern's employees al any one location perform their work,13 CER PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program. 7 for HUBZone Certifiesti [Or enter an ADDRESS, TOWN or COUNTY io Search [Address include cher City & Sate or ZIP Code ome adress 100m map te yo” ZIP cade are) sweet Addren:f cuya site [ ~~ [3] zap cove: [ sseaien | Rese County County: | sue [3] sseoren | Reset mmand=adéress@eSTR Ip Hanap.she owns fieldeaven. ‘SBA HUBZone Locator Poge tf 2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2821 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the reletionship of this addrees (marked with asta) to qualified HUBZone ares. ‘Below the map, you may find information on why the address was found to be ins HUBZone Area spay area by erpoying ie dragging function of the movsecursc. loraaing can be wed 10 cetera néaord = bated (iencarey Chetry Se et rt ones Maude forte Way apr BASIS OF HUBZONE DETERMINATION Is the address Iceated in a Metropolitan Area? YES Is the address located in a guaified or recesignoted enous tract? YES htp:/map sta govibubzone/hageasn SBA HUBZoz¢ Locator Page 2 of2 Is the adress located in o BRAC Commission closed ) former military base? bad “s the address iocoled in a HUD Difficult Development No area? Isthe adress lccted in on bnion Coury area? No vou firm's principal ebce is located inthis area which is qualified a a HUBZane (ricetpal afer ‘means the ication where the grectest miner of he concerns employees a! any one location perform their work, 13 CFR PART 126 103), you are encouraged to apply for the UBZove Empowerment Contracting Program ‘You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search [Addrest (include ier Cup & Suter ZIP Code- omit dares to soom map taco” ZEP code are) street address | ity& State [PS] iP coue:[ searer | Reeet | Inupslimap sba gov/hdozone/nzqry asp SBA HUBZon¢ Loctior Page 1 of 2 ha Lat — HUBZone Progr EEE EE eee 4 Adléress-Town-County ‘Text-Only Man ‘Search ae Yerslon DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2822 Fairfield Avenue, Richmond VA, 23223 is locat HUBZone qualified. in Census Tract "§1760020200" whieh 1S ‘The map below shows the relationship of this address (marked witha star) to qualified HUBZone areas, Below the map, you may find information on why the address was found to be in s HUBZone Area Now clickon the map to zoom in ser can also deine acpayaes oy enpoyne te raging function of te moxsecusor Dragging canbe used to recente the map secntes — es Uiraincarey shor ye 8 et art de ory Map orth Wel Cer BASIS OF HUBZONE DETERMINATION 5s the address located in a Metropolitan Area? YES 1s the ares lcted na qualified or redeslgnated = Ittp:/imap sbo govitutzone/hagry asp7eommank’=address&STREET 822 ¢Fainielas Aven SBA HUBZone Loceter Page 2 0f2 Is the address loceted na BRAC Commisson-closed no J former miltory base? : ‘sthe adress located in o HUD Diffiew Development - Area? {the adress iocoted ina Indian Country area? Yo {you firm's principal office is located in this area which squad as a HUBZone (Principal ofce Imeons the location where the greatest number ofthe concern’ employees of ay ane location perform their work, 13 CFR PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program [Address (inclu ther Ciy & Sau or 21° Code omit | addres to so0m map ta ely or ZIP code area) street address: JW cua state [a] zr Cob J ssecrch | Rese! os swe —3 sven | Rese | ‘rapitlmap.sbe.gevibubzonelhzary esp eommandadéress@STRE! SBA HUBZone Locator Page bef 2 2 Oe E HUBZone Progr Ge | us.May — AddnmTawn-County yy, Text-Only. DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2823 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this address (mnarked with star to qualified HUBZone areas. Below the map, you may find information on why the adress was found tobe in @ HUBZone Area, 7 isc can sto define [asray aes by employe |e dragging fncnion of line mousecusor. Dragging con be used (Bereincarty ——sctre tye Dest tg ory Mapa oe te Wa Cpe BASIS OF HUBZONE DETERMINATION the adiress located ina Metropolitan Area? YES =< Is the adéress loceted in a qualified or redesignated a “hup//map sba.gov/butzonethagey asp eorumand~addresséSTREET=2823+ airfield Aven, SBA HUBZone Locator Page 2of 2 Js the address located in a BRAC Commission-closed ‘ former military base? a Is the address located in a HUD Difficult Development Br Area? 1s the address located in an Indian Country area? NO. If your firm's principal office is located inthis area which is qualified as a HUBZone (Principal ofice ‘means the location where the greatest number of the concern's empleyees ot any ane location perform their work,13 CFR PART 126 103), you are encouraged apply for he HUBZone Empowerment Coniracting Pragram You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search ‘Address (include cher Chy& State or Z1P Code omit dares. soam map ta ey or ZIP code ares) County ures addeus | Gort mae ony a sute[ 3] ssa: Imup.iimap sha gowhhubzoneihaaey asp?command=address&eSTREET=2823+Fairildt Aven. SBA HUBZone Locator DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2824 Fairfield Avenue, Richmond VA, 23223 i located in Census Tract "51760020200" whieh IS HUBZone quatined ‘The map below shows the relationship of this address (marked with a str) to qualified HUBZone areas, [Below the map, you may find information on why the address was found tobe in @ HUBZone Ar Now cli Rey Nite Bee Exrdancarty Clearer tty Se Ores Conta ey Mate rth WA Capa" BASIS OF HUBZONE DETERMINATION Js the addres located in a Metropolitan Area? YES 1 the aléress located in a qualified or redesignated ae 2uae:vimap soe aovibulbzone/izary sev 7eommandmadress® STI ‘SRA HUBZone Locstot Page 2 of 2 ) ete eres ncated ino BRAC Conmisionclosed former military base? a] 1s the adzress located in a HUD Difficult Development _ area? 1s the address located in an Indian Country area? no If your firm's principal office i located inthis aréa whichis qualified as @ HUBZone (Principal office ‘means she location where the greatesi number ofthe concern's employees ai any one location perform their work, 13 CER PART 126 103), you are encouraged to apply forthe HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY to Search ‘Address Incude cher Cy & Sate or ZIP Code omit ares zoom map touchy oF ZIP coe aren) County Stree Aogres:[ County at a | state |S] zur code:[ | ms | eset | caer rasa -nplfinap she, goulbubzone(hossy ssp commanddmaidress&STREET=7824 Fairfield Aven, SBA HUBZone Locator Page | of 2 t Maptitude for the web 3.62.00 at HE HUBZone Progr oe ee USMap AilieescTown-County ay ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2826 Fairfield Avenue, Richmondq VA, 23223 is located in Census Tract "51760020200" which 1S HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with a star) to qualified HUBZone areas. [Below the map, you may find information on why the address was found to be in @ HUBZone Area, Now click on the map to zoom in. ise can ao deine spay area by employing ne aragang unten or he movseeureor raging an bused 0 Seow Bites Eindoncarty —— Certcheritiny 8 e ntrs one Mapthade lr te Way Con BASIS OF HUBZONE DETERMINATION Is the adress located in a Metropolitan Area? ves Is the address located in a qualified or redesignated a ntp/Imap sba gov/hstaone/hagry asp7eoramnandd-addressdSTREET=28264F airfielét Aves SBA HUBZore Locator Page 2of 2 1s the address located in @ BRAC Commission-closed : NO former military Is the adéress located ino HUD Difficult Development pa Area? Is the adéress located in am Indian Country area? No Lf yeur firm's principal ofc is located inthis area which is qualified as @ HUBZone (Principal office rears the focaron where the greatest numberof the concern's empiojees oy one location perform their work,13 CFR PART 126 103) ow are encouraged 0 apply for the HUEZone Empowerment ‘Coveractng Program ‘You may apply now for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY 10 Search ‘Address (cud her Cy & Swe or IP Cole-ome | eso sam mapa acy on ZIP oe oe) ‘County fina notes fo fee Gi & Site | 3] | state: 3] | | ip. limapssbe gowhhubronelhaaty asp comet dress STREET=1826+ Fairey Aven SBA HURZone I ocator Page 1cf2 c uspttote tor the wed 8.82.00 al HUBZone Progr EEE Eee —_=—ao0e>=— Eee” US. Map eae aa Hap Version DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2828 Fairfield Avenue, Richmond VA, 23223 is located in Census Traet "S1760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this address (marked witha star) to qualified HUBZone areas, Below the map, you may find information on why the address was found to bein s HUBZone Area, Now click on the map to zoom in user cen aso define spay sea by employing te crgaing ncn of raging can be used» pecetet map Neamed Ea Trantonty Crem tye HE test ett ee Powe oy Mapa tort Was i BASIS OF HUBZONE DETERMINATION the address located in a Metropolitan Area? YES the adres oad na qualified or redesigned eal Innpisimap sts. gov/hubzone/hzary asp ?eommnan™address&STREET=2828+FsirfeldtAven Page 2 of 2 SRA HUBZone Locstor Is the address located in a BRAC Commision-closed na ) former military base? 1s the address located ina HUD Pificul Revelopmen! pee NO. 1s the address located in an Indian County area? No Ifyou firm's principal office isTocated inthis area which is qualified at a HUIRZane (Principal office ‘means the location where the greatest number ofthe concern’ employees at any one location perform their work, 13 CFR PART 126 103), you are encouraged 1o apply for the HUBZone Empowerment ‘Contracting Program. ‘You may apply now for HUBZane Cextifleation reer an ADDRESS, TOWN of COUNTY 0 Seu i “AdAreSS (include cher Ci & State or ZIP Code omit ‘County | ears seom map tow chy 0” ZIP code ore) es County: | sate [—2] iy & sute:[— Fa ‘mmp:iimap sba.gowhubzone/haary asp%eommancaddress&STREET=2828 +Feirfeld+Aven. SBA HUBZone Locator Page 1 of 2 DETERMINATION OF WHETHER AN ADDRESSIS IN A HUBZONE 2830 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this adress (marked with sto qualified HUBZone areas. Below the map, you may find information on why the adress vas found tobe in s HUBZone Area, Now click on th ser can ao define lesply oe by empbying live deezng Action of ie mosses. sain con be se feces. etcites ad [Ercincarey ——C]eicrereitiny i 6 et onset ovr y Mapu for te Wa by Caper BASIS OF HUBZONE DETERMINATION ' the address located in a Metropolitan Area? Yes 4 the address locoted in a qualified or redesignated = census tract? Inpl/mapsba,gov/tubzoneshaqry asp 'eomsmand=address&’STREET=2830-Fairfield+Aven, SBA HUBZone Locstor Page 2 of 2 Is the address located in a BRAC Commission-closed former miliary base? eo Is the address located in a HUD Difficult Development Area? zc. 1s the adress located nan Indian Country area? no your firm's principal office is located inthis area which is qualified as a HUBZone (Prinepal office ‘means the location where the greatest number ofthe concern’ employees at any one location perform their work, 13 CFR PART 126.103), you are encouraged to apply forthe HUBZone Empowerment Contracting Program. You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search aan aan cea ener ares) aes mcr Se ez suet Atdreas Po oy a sues [3] zur cove:[—— seoreh | Reset search | Reset] Imp/imap sba.govibubzone/hzgry asp command=addressiST REE 30+ Fairfield Aven, ‘SBA HUBZone Locator Page | “ Mopttude forthe 3.62.00 D Cat EB HUBZone Progr ee eee ee ——————————————— ‘LS.Map Capa rece Help ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2832 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" whieh IS HUBZone qualified. ‘The map below shows the relationship of this address (marked with a star to qualified HUBZone areas. ‘Below the map, you may find information on why the address was found to bein a HUBZone Area, Now click on the map 10 zoom in isercan ho define in raging fiction at Draguig can be used x9 recenterthe map states BASIS OF HUBZONE DETERMINATION 1s the oddress located in a Metropolitan Area? vES 1s the oddress located in a qualified or redesignated yes -pilimap,sbe.go-whubaoneshagry asp command address STREET=2832+FaifeldAven SRA HUBZone Locator Page 2 of2 1s the address located im a BRAC Commission-closed Jormer military base? ia ‘she address locaed ina HUD Diffewt Development ae Area? i Js the address locoted in an Indian Country area? No {four firm's principal office is located in this area which is qualified as a HUBZone (Principal ofce ‘means tie location where the greatest number ofthe concerns employees at any one location perform ‘heir work.13 CFR PART 126 103), you ore encouraged 10 apply for the HUBZone Empowerment Contracing Program ‘You may apply now for HUBZone Certification, Fee ve SEL Grane m SPORES, TOWN a COUNT ah [ee oeanes once | ales cet tances [cams i inet addres | [cows ———— | ‘ony a state | S) sue I | =o ae ae ny Hay sbecgovbubavucitgry asp caress STREE lela Aver, SBA HUBZone Locator Page 1 of2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE. 2834 Fairfield Avenue, Richmond VA, 23223 Is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with a star) to qualified HUBZone areas, Below the map, you may find information on why the address was found tobe in a HUBZone Area. Kiso employing fen ncon of fine mowileoser Dragging canbe we 10 recente te map. Stele oar [hancarey Cc Formr tye 8 es net Forty Mapttude fe the Web ty Cainer BASIS OF HUBZONE DETERMINATION 'sthe address located ina Metropolion Area? YES ‘i the address located ina qualified or redesignated a hinp nap sba.gov/hubzone/agry asp2command=nddreesseSTREE’ 344 FeinfeldtAven SBA HUBZone Locator Peye 2 of 1s the address located in a BRAC Commission-ciosed ) former military base? a) ‘the adres leaed in a HUD Die Deslopnert aa Je the address located in an Indian Country area? NO your firm's principal ofie is located in thie area which i qualified as a HUBZone (Principal office ‘means the location where the greatest number of the concern's employees at any one location perform ‘heir work.13 CFR PART 126.103), you are encouraged 1o apply for the HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search Address (inctde ether Cy & State or 21P Code-omit adress 10 zoom map to acy of ZIP code area) ret aggre ciyasme[ Od 20P Code: Search | Rese htipstinap aba govlhubzone/hagyy sep?eommand-orscoo8 STREET=2894 iTaisickirA vee SBA HUBZone Locator Page 1of 2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2836 Fairfield Avenue, Ricbmond VA, 23223 is located in Census Tract "51760020200" whieh IS HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with » st) ta qualified HUBZone area, Below the map, you may find information on why the address was found tobe in a HUBZone Area, Now click on the map to zoom in user can alo define [epi aes by employing ne aging function of ine movseersor JDraging canbe used to Jeune be mop Brncarty —— Ctctaeritiny ine 2 Dttetret en Povey Mapa othe Web ty Caer BASIS OF HUBZONE DETERMINATION +s the adress located ina Metropolitan Area? yes Is the address located in a qualified or redesignated centus tract? ‘YES -nnp:/imap sba govinubzoneshzary.asp SBA HUBZone Levator Page 2 of? 1s the address located na BRAC Commission-closed ‘former military base? ae she adress located in a HUD Diffult Deveiopment area? 2 1s the adress located im an Indian Country area? no {you firm's principal ofice is located in this area which is qualified as @ HUBZone (Principal ofice ‘means the location where the greatest numer ofthe concerns employees at any one location perform: their work,13 CER PART 126 103), you are encouraged 1o apply for the HUBZone Empowerment Contracting Program ‘You may apply now for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY to Search, | Address (include either City & Stave or ZIP Code - omit [ote os ergeans es county ; jeicusl sree nates Cont: ) Giyaste:[— «Fd | siate: [3] bpzlimap sha govthubzenenaary 236: SBA HUN/one | nestor Page | of 2 us. AdtresJonp-County ay ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2838 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS. HUBZone qualified. ‘The map below shows the relationship ofthis adress (marked with asta) to qualified HUBZone areas, Below the map, you may find information on why the address was found tobe in a HUBZone Area, m Out lise can ale fine spay aca ty employing be dreaing nein of rasta: wes Brancarey — Cleecheme taylan i et grt ee "omy Maptude fr the Wei Cape: BASIS OF HUBZONE DETERMINATION the address located ina Metropolitan Area? YES Is the adaress located ina qualified or redesignated a Dipsiinap sbs-gowhubzene!nzary aspTeemmand-addr ‘SBA HUBZone Locator Page? of 2 \ Itthe address located ina BRAC Commission closed ) former military base? 10, 's the address located in a HUD Difficult Development Area? By 1s the address located in an Indian Country area? nO ‘your firm's principal office is locaed inthis area which is qualified as a HUBZone (Principal office ‘means the location where the greates! number ofthe concern's employees at any one location perform their work, 13 CFR PART 126.103), you are encouraged to apply for the HUBZone Empowerment Contnactingg Program. ‘You may apply wow for HUBZone Certification (Or enter an ADDRESS, TOWN or COUNTY to Search [Address (include ether Cy & Stator ZI Cade omit ‘nares 0 zoom map to acy oF ZIP col ares) ‘street addres: [~ city Sure | s 21° Cate: searen | Reset a ‘hup:smap sba gov/hubzonehizary asp ?eommnand=addressdSTREET=2838)FairfiekitAven SBA HUBZone Locstor Page 1 of 2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2840 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" whieh IS HUBZone qualified. ‘The map below shows the relationship of this address (marked with a star) to qualified HUBZone areas ‘Below the map, you may find information on why the address was found to be in a HUBZone Area, Now click on the map to zoom in |usercan also define spy area by employing ne aging function of line movsecoror Drepsing can b cad to jecner he map vanes Bloat Wvetcarty ec aye I Oe rae et oma Maptude forte wa Caper BASIS OF HUBZONE DETERMINATION ‘the address located ina Metropotiten Area? yES. 1s the address located in a qualified or redesignated Sa ‘census traci? Inp:/imap sba gowhubzonefazery.asp SBA HUBZone Locator Page 2of2 Je the address located in a BRAC Commission closed ao ) former military base? Is the address located in a HUD Difficult Development nal ‘Area? Is the address located in an Indian Country orca? xo (your firm's prinipal office is located in this area which is qualified as a HUBZone (Principal office ‘means the location where the greatest number ofthe concern's employees ai any one location perform ‘heir work, 13 CFR PART 126.103), you are encouraged io apply for the HUBZone Empowerment Contracting Program. ‘You may apply now for HUBZone Certification i enter an ADDRESS, TOWN or COUNTY 10 Search “Addiess (include cer Cy & Stave oF Z1P Code mis ‘tddres to zoom map «cy or ZIP code aes) County ‘sueet Adare: [~ Cony iy sie: —————«* sate: ao = ese Ip. tiaep shu. gowhubaone ary ap SBA HUBZone Locator Page 1of2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 12842 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "S1760020200" whieh IS HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with astar)to qualified HUBZone areas. Below the map, you may find information on why the adress was found tbe in a HUBZone Ares, Grea rou y ty loser can so deine spay area by employing Nedet BO [Breincarey omens bybapsiude fr the Wey Caliper (Cierra tay eS crest net ns ‘ASIS OF HUBZONE DETERMINATION ‘the address located ina Metropolitan Area? YES ‘the adress locted nc quale or redesigned — ney imap aba govshubzonesss7y command adreseS&STREET-2842-Fuirfild Aven, SBA HUBZone Locator Page 2 0f2 ) te adress located na BRAC Commission closed former military base? no 4s the adéress located ina HUD Difficult Development = area? Is the address located in an Indian Country area? No your firm's principal ofie is located inthis area which is qualified as @ HUBZone (Principal office ‘means the location where the greatest number ofthe concern's employees ol any one iocation perform ‘their work,13 CFR PART 126.103), you are encouraged to apply for te HUBZone Empowerment Contracting Program ‘You may apply now for HUBZone Certification, for enter an ADDRESS, TOWN or COUNTY to Search ‘Address (nctde ether Cy & State or 21° Coie mis [adres f zoom map tw cl or ZAP code are) ret adden: a ur cete:[ Search | Rest Senet | reset} nnpstimap sba.gov/hubzone/hagry asp?conumand=address&STREET=2042 Fifield Aven, SBA HUBZone Locator Page | of DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2844 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which 1S HUBZone qualified. ‘The map below shows the relationship ofthis address (marked with a star) to qualified HUBZone areas. ‘Below the map, you may find information on why the address was found fo bein # HUBZone Aree, Now click on the mapto zoom in User ean alo define splay west exploring ke deezine incon of Dressing can be wsedto ecerter be map maneet aed Winamcarty —— Ceecferm ary ei et emg Pontes Mapa for he Wa by espe BASIS OF HUBZONE DETERMINATION 1s the adress located in a Metropolitan Area? yes Is the address located ina qualified or redesignated vi bap: timap sha go Vhvbzone/hzgry.asp?eommmanlmadéress4STREET=28444Fairiel*Aveu SRA HUBZone Locstor Page 2 of 2 Ye the adress cad in a BRAC Commisson-closed nal ‘former miliary base? 's the addrecs located ina HLID Diffie Development Area? Ld 4s the address located in an Indian Coury area? No Yyour firm's prinipat office ix local in this area which is quahyfied as @ HUBLone (Principal office ‘means the location where the greatest number of the cancern’s employees at any one location perform ‘heir work, 13 CFR PART 126 103), you are encouraged to apply for the HUBZone Empowerment Contracting Program ‘You may apply now for HUBZoue Cerufication [Or enter an ADDRESS, TOWN or COUNTY to Search [Address ncude eter Cuy & Site or Z1P Code omit addres to zoom map 10 cy oF ZIP code aes) ‘sweet adaress ity & sate: J} cote: | searen | Rese hnp:timap sba.gov'hubzone haar asp?eommand-address& STREET=2844+Paisfeld+ Aven, SRA HURZone Locator USMap — AdrewTonen-County ayy Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONF. 2846 Fairfield Avenue, Richmond VA, 25223 is located in Census ‘Tract "51750020200" which 1S HUBZone ‘qualified. ‘The map below shows the relationship ofthis sadress (marked with a str) to quafied HUBZone ares. Below the map, ‘you may find information on why the address was found tobe in a HUBZone Ares Fe haa é ser can also define spy area ty employing lnc arseing fonction of line msec. raging can be eo 0 Jrecener he mp. jaws lastest BASIS OF HUBZONE DETERMINATION Is” valdress located in a Metropolitan Area? YES Js Wdress located ina quaified or redesignated census tract? yes 1s the address located in @ BRAC Commission-closed former ae miliary base? bipvinsp.sbe govhhubsonefiesry ap ‘SBA HUBZone Locstor Page 2 082 Is the address located ina HUD Difficult Development Area? No Is ieee ocated in ar Indian Country area? No YJ, _ firm's principal ofce is located in this area which is qualified as a HUBZone (Principal office means the location where the greatest number ofthe concern's employees at any one lacaion perform their work. 13 CFR PART 126 103), you are encouraged 10 apply forthe HUBZone Empowerment Coniraciing Program You may apply now for HUBZone Certification (Or enteran ADDRESS, TOWN or COUNTY to Search adhe. cine eer iy 4 Sor 1P Colon address 10 zoom map to 0 city or ZIP code area) County: pea neaea fo eT Conny | ze City & State: =] State] =) zr coe searen | Reset | a) ) hp:/imap.sba.gowhubzoneshgry. SRA HURZone Locator Page | of 2 DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2848 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "§1760020200" which 1S HUBZone qualified. ‘The map below shows the relationship of this address (marked with star o qualified HUBZone areas, Below the map, you may find information on why the address was found 1o bein s HUBZone Area. Dates aay Cee fuse can an eine spay area by employing ine raging fntton oF [Dragging canbe wsedvo reenter hep meat ae ireincirty CYC foray it ret ovr Mapua othe Waly Cine BASIS OF HUBZONE DETERMINATION 4 the address located in a Metropolitan Area? ves 1s the address located in a qualified or redesignated _ census rac? Innp:tap sba gow/hubzone/hzary aspcommand~address&STREET=28484FaiiektAven Page 20f2 SBA HUBZore Locetor 1s the adress located in a BRAC Commission-closed former military base? oo 1s the adress located in a HUD Difficult Development no Area? Is the adress located in an Ini Country area? xO ‘Yyour firm's principal offic is located inthis area which is gualifed as a HUBZone (Principal office ‘means the location where the greatest number ofthe concerns employees at any one location perform their work,13 CFR PART 126 103), you are encouraged to apply forthe HUBZone Empowerment Contracting Program ‘You may apply now for HUBZone Certification renter an ADDRESS, TOWN or COUNTY to Search [address ‘ici euner Cy & Sa or Z1P Code- omit dares o zoom map 10. ly oF 21 cae are) County a ae ya site| [3] site|] Feat jin Sewn | rove] hup/fnap she. gow/hubzoneeqpy cep TeommandaddressdeSTREET=23484Fairfclot Aven. SBA HUIBZone Locstor Page | of 2 s.Map — AildressLomn-County Help ‘Text-Only DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE 2850 Fairfield Avenue, Richmond VA, 23223 is located in Census Tract "51760020200" which IS HUBZone qualified. ‘The map below shows the relationship of this address (marked with a star) to qualified HUBZone areas. Below the map, you may find infomation on why the address was found tobe in a HUBZone Area. Now clickon the map t Jusercanatso define [spay aes by employing ne raaiog funcon of line movtecuso. Dragging con be wed to reenter ne map. tastes ates Wreiecarty —— Cisectere ty ne Sane Once Pontes Mapa fort Ws Clin BASIS OF HUBZONE DETERMINATION the address iocated ina Metropolitan Area? YES. Is the address locoted ina qualified or redesignated census tract? ae hnp/map sbe.gowubzonetnagry.asp?comumandvaddress&¢STREE 20-Falrfeldraven, SBA HUBZone Locator {the adres: located n a BRAC Commission closed i former military base? no she adres oeoed in @ HUD Dificult Development a Area? 1s the adaressocated n an Indian County area? xo ‘Ifyou firm's principal office is tocated inthis area which i qualified as a HUBZone (Principal office ‘means the location where the greatest number of the concerns employees at any one location perform their work, 13 CPR FART 126.103), you are encouraged to apply for the HUBZone Empowerment Contracting Program: ‘You may apply now far HURZone Certification [Or enter an ADDRESS, TOWN or COUNTY to Search Address (incite other Cy & Sits or 21P Code om dares zoom map fae oF ZIP code are) [County a county | cuyasee [3] state 3} zircooe: | sear | Reet} See | Sosa] zany asp7command=address&STREET=2850+Fairfield- Aven, Inap:vimap, sha gowhubzonesh TAB A.2 (Revitalization Area Certification) Surveyor’s Certification of Proximity To Public Transportation ‘STEVEN B. KENT & ASSOCIATES, BC. {LAND SURVEYORS 1521 Brook Road + Richmond, VA 23220 fice: 804-643-6113 + Fax (804) 643-6038, DATE: may 6, 2009 TO: Virginia Housing Development Authority 601 South Belvidere Streot Richmond, VA 23220-6500 RE: 2009 Tax Credit Reservation Request [Name of Development: _Andover Piace A Name of Owner: "TMG Richmond V, LP Women: This letter is submited to you in support of the Owner's Application for Reservation of Low: Income Housing Tax Credits under Section 42 ofthe intemal Revenue Code of 1986, as amended. Based upon due investigation ofthe site and any other mater ast deemed necessary this fim certhies that the main street boundary envance tothe ropa is within: 2,640 fet or ¥ mile ofthe nearest access pointto an existing commute ral ght rit ‘or subway station; or [2 1,320 fest or 4 mile ofthe nearest access pointio an existing pubic bus stop, ‘The latitudes and longitudes in decimal format (ex: -77.452788 / 98.77967) are as follows: Oo Tattude Longitude: Main Street Boundary Entrance to 7 ° Property 37.549878° 77.39608"w “Transportaion Access a7 s4a194" w 7 -399261 4 STEVEN B, KENT ASSOCIATES, PC Eeerececcrreeecrn raw Naar oe sueven as aane = ELT li) President /owner Tite ‘ Tae 5009 “ka mn elt sumveS eons 3G Steven 8 Kent TABB (Partnership or Operating Agreement) AGREEMENT OF LIMITED PARTNERSHIP oF JTMG RICHMOND IY, LF This AGREEMENT OF LIMITED PARTNERSHIP (dis “Agresnen”) i made His 21¢ ay cf May, 2007 by and between TMG FAIRWAY GP. LLC. Delaware ie bbuity company (Gb “General Pate) aed ROYCE A. MULHOLLAND he “Taal Lied Part”), and provides a follows: 1. Themame ofthe Parr (te “Putney s TMG RICHMOND 1, LP 2. The pupote ofthe Parmeship ist invest in ete or which th pre wich le 1 acquire contact, on, nance lene aad ope bulge oetel aioe ‘qlifed low-income howing projets within the mestng of Seton 42%) of ian Revere Code of 1506, ar amended. 3. ihe tam ofthe Parnenbip commenced vpn the fling ofthe Perwetip’s ‘ete of limiedparterhp withthe Division of Comoratons ofthe Secretary of Se of tama ead sal be perpetual 4 ite mime and adress of the Genera Pater of the Pannen is TMG FAIRWAY GP, LLC, 14107 Tweatith Avenue, Suite 507, Whitson, New York 1957 5, __The same and adres ofthe Intl Limited Parner is Royee A. Malbllnd, 14107 Twentets Avene, Site 507, Whestong, New York 11357 6,__The General Parner shall ave 99% inte nthe Patnetsip andthe Ia 2.4, TH General Panne has contibued $59 and the Intl Limited Paste hat contd SI in ash othe epi ofthe Puterstp 8. The Ind Limited Parmer is oot required to make any adtions capital contribins wo the Parmer. 9, The Ina Limit Parner has no ight to demas or eeive property ote thn cash arta for i oatrbton. 10, The Ital Limited Parmer shall withdraw and te retuned Wis contribution the the Parmerhip upon the adeusion of ditional tied parr the Pansy, 1a, The Mia Lint Purtoer nay not sel, exchange, atin o otherwise waite tis att inthe Partnership without he wrten conse ofthe General Paaee 1a. The General Parmer may admit sion United parent the Paneth witout the enset of the Ia Lied Pare 13. Upon temsination, bakptey, or iaslveacy of the General Part, or the sccurenc of ay othe event eauing inthe Soin of he Patecip ke ned partes shal av te right, but no he ebligion to conti the Bsiew of he Parsehip to If ‘ecesry, designate one r more persons o ett to be mud as gene purer Tbe limites pares ao clet to continue the buss, the former General Fate's crest shall become a lnted parent interetsebjet, however, ol ofthe pres with repost © Allocations and dsibuions es ifthe interest ofthe Gent Pato had ot bee a canged, 4 The port office addres where he ecords ofthe Partnerthip shall be maine 0 The Matheland Groep, LLC, 4107 Tweaeth Sued Suit $07, Whitsone, NY 11387, 1S. Themme ofthe repistered get is Nationa Reitred Agents, Ie 16, Te pot office areas ofthe registered age it 160 Grecatee Drive, ute 10, ‘County oF Ket, Dover DE 1901. 11, Exoent as otherwise provied hacia, the sighs, dates and obligations of the Parnes sal eo provided ine Act (BALANCE. OF PAGE INTENTIONALLY LEFT BLANK - ‘SIGNATURES APPEAR ON NEXT PAGE} IN WITNESS WHEREOF, te putes hereto have ecole this Agreement of Limited ‘Parmeniip at ofthe day and year fi above writen, (GENERAL PARTNER: ‘TMG FAIRWAY GP, LLC, « Deawae lini! lily company By. ‘D GROUP, LLC, + edb company et By Boyer Sole Mentber md Manager INITIAL LIMITED PARTNER: ‘ROVEYA MULHOLLAND TMG RICHMOND IV, LP ‘TMG FAIRWAY GP, LLC ROYCE A. MULHOLLAND 99.00% 1.00% (General Partner) (Limited Partner) TAB C (VA SCC Certification) Commontrenlths Lirginia State Corporation Commission I Certify the Following from the Records of the Commission: ‘A cortical of reparation to transact business inthe Cammonweath of Vigna was issued by the Commission on May 25,2007 to TMG Richmond IV, LP, alte parnorship formed soe the laws of DELAWARE ‘A ofthe dae below, acta of cancelation have not bean edn this fice by TMG Rechond 'V, LP, a Desware tad partnership, Nothing mor is hereby cet, Signed and Sealed at Richmond on this Date: September 20, 2007 é [oe eck, Clerk of te Coromission cisos0s TAB D (Principal's Previous Participation Certifieation) Sala Previous Participation Certification VHDA conor este comraroeicr aes conttgtachton Seer INSTRUCTIONS: | Ii certfcaton must ae sgnes.by on nv who of authored o at on beh ofthe Contotng Geneta Porne (For Managing Meier F LIC} of he Apoticon cs esignotedin ne Apacaion, VHDA wilscept on ‘ulhofzoion document which gives signclory avnraation sgn an beh o! he pencoo 2. Aiiocharesime for eochpincpat ofthe genet porneship [GF] oid Kbily company (LC) and on ‘rganzoin cna fr he ites pxtnenp (] ong Ue. ‘8 ASchedule A Isrequted fr each pelba ofthe GP. 4 Ferma rant isa a nan.comptance ound plaoteollach¢ elie mplanaton ofthe rate othe nen ‘Compton stotng whether o nail nos been evoNed '5 te doteof his certicaton ms be no more thon 30 dye plot o submission o he Appin, Falke to dicts ntrmation abou! properties which have been fund oe ou of comallonce a ony motel is representations ee grounds forrejaction ofan ofication onc prohison aga! ure oppicotons DEFINITIONS: Fer the upese at mis Cenicofen. the folowing cefritont shal apo ‘Reuse! hol mean the proposed mufomiyrenlathoing develonmentdeniedabove, aticizant shall mean he pincipok who wi parcpateln the ownestip ol he doveloement incl sot mean ony peso fnclcing any india ont vente Parnes, smiled Baby company, corporation. nanpaloxgeseoion xt ov anycterPubtew bvele sly) hat (wah tag 1s pope {evelopment wa own or paripee in he owns of re proposed developmen i wh expec! Ton exstng matitomiy rent projec. os owned or paclpatedin he cwmesship olen projec ol moe fay desefbed hetebeiow. The penion who Ine owner of he froposed development o' mutans fetal projec considered & Bnei In deterring wether ony oer ponent ince he folowing ules iat gover: |. nine cose of o parnaship which pincpal whether os the owner er otherwise. a general penne: xe oto consisted prncipok. regards of he percentage interes of he genera parnar 2. inthe cose ofa pubic 0 pvaecomporaon or oxgantation or govermenta ent tots a pncpa! whether cs ‘ne owner ooh) prncipas abe nce te president ice pescer, ecTNOy, cd Weise oe other offers who oe aoc espensbl fo the boo ofertas or any eeuvcien! Govering body, cs wets ‘rector or oer menbos ot he governing Body ond ony stockholder navng a 29Rer more mises {nine cose of ait toby company UL} hal sa pincipa nether os the owrer or ther] merece ‘Ste oto comideres inci, regarces ole percontoge inert of he member 4. Inne cave ofa us thats pincoal wna’ os he owner ar others, at pers having @ 25% oF more Denercio ownenni rest in he oil of such 5. Inthe coe of ny othe person thats o pnp) (whether os the own ox ohare of peions having a 25% ot ‘mote onmesip ners in sch other parson are ase consdeted net; ond {6 Any person tnot rector insect” cones, or hes he power To contol a pincipa nal ako be considered @ pieoa, CERTIFICATIONS: {hereby cet tha tthe sotements mode by me oe te, complete ond cated! othe bes of my knowledge ond befef ond ere mace in god thn the ola contained in Screce A ond any sclera atlached To hs |. futher erly hot rhe patos begining 10 yeas plore e date o hs Cerca: ©. using oy tine tat ony of he parc}ponts were pincipain ony mutta ron ptject. no preect has been foreclosed ypon no norigoge hos been i eout,assgned to ne morgage Hives [goverment ot pats), no thas morgage rte by Ihe modgagee been over: ». Duing ony ne hat ny of he patciant were pnp in any mutfomty eral ree, here has ot been ‘ony Brooch by the owner ot ony ogreements eating othe Corsucton cancion ue, operon, ‘monogement er spain the pojac ©. Tose bes of my knowedge, thee oe no uresoved ings fied ooo of sot or fear od, ‘management evew of other goverrmartal Investigators concerig any molto rene projectin which ony line porcipons were pencak 4. Dutng any tie hot ony of the parcipants ware pincipes in ony miter rental project there has not been @ suspension or termination o payments under any sole or federal asstonce cavact fot he polect 18. None of he porcini hos been convict af oflory and isnot present my knowledge he subject of complaint or efcimentchorgng a etry eons delle os ony olen punshooie by eptsormen fo term exceeding one year but doesnot elude any ofrse clsiied as @ mscomeanor under te owe of 2 96 ‘ond punihobl by irprireent of two yeas ress None of ne porciars has been suspended, dabared or thorns esicled by ony lederl ostote ‘oovermentol entity fom salng business wh such govermente enon 19. None of hepatic hor detewted on an cbigaton covered bya uy of peretmonce bond on hos ot been the ject of ackaim under an employee ely bon 2. turer cert nat nae of the pariciponts ie Vigo Hovang Development Authty (VIDA) empoyee of smembet ofthe inmate hovihold of on os employees 3. farmer cant nat nce o ne participants pacipating nthe ownestip of « muta enol hong project ‘ot Ps date on whch consiuction has slopped a 6 pain exces 61 20.89/ 8° (nthe cote of 2 maNory ‘enter mousing srjectonstoaby ony teGartor stove gocemsmertal ni wich hacbcer scleral ‘Competed ir move Pan 90 doysbut fowric equste document fot eloang, such a fhe na cos cerfcaton, Fave not been tlc wih such goverment enty, 4. hummer catty het nene of he participants has been foun by ary federal or state governmental nity court bein roncomploncewih any Sppiccate Gv igh equ employment opparunty erat hewn am ot reguatons 5. utr certty not noe of he parla wos 2 incpatin ony malomiy rental poject wnicn has been foun by any federal sate gover eny oreo fo have fala f0 comp win Secon 42 ol hen Revenue Code of 1985 os mended, ung ne period ol ime in wich re parent was opnclpan such ‘4. Sotementscoove {ita fo wtih cannot cei hove been deleted by shking ough word Inthe cose ‘tony such deieton, neve affached.a tue ana aceurtesalement o exp he rlevon facts and WARUNG: IF TAS CERIFICATCA§ CONTAINS ANY MISREPRESENTATION OF A MATERIAL FACT, THE AUTHORITY MAY REECT USING TAK CREDITS AND MAY PROMBIT THE SUBMISSION BY THE APPUCANT OF ierulbee Ropes Ahold Piriea Name Dot mere no mer than 3 dos prt ubmison othe Appslcoten {chal oA ix Gra Developmen er toch Pinca eaten epee loving na ocala aoe areas reece. gk ewes athe a ene 6 ped ae Jnonectonranntatyand| Fer? | ot |'neowe'| rosash | wna mae tar wpe Sener [ata a zeae asee| Es SuSS eee | Se ae ee ee | et ae woe oa | er meses, | ae EE | meee sid SaaS | pgeece] Rb reat} ae, [aa see, | MERE mE in | engi SEES RST ep as ote | SEI | aught pr Sea RES omt e | Mae ott | Eee | a REE agra egTE | T—}-or t Ee | ad Re EE eee treat la | ae womens | ae SSS | SERRE fr cae | Soe Sores | a stig SE | Se TO see =o | ase ass, | a The Mulholland Group uc CORPORATE OVERVIEW Objective ‘The Mulholland Group, LLC and is affliats (collectively TMG") own of contol 2,350 residential multi-family partment unis in thee sates. These nits have been acquired on a one-off bass using conventional debt oF tax-exempt bond financing with low income tax credit equity (ection 42 IRS code). Ulimately, IMG desires to expand its portiolio toa level of 15,000 units within five osx states while imitng is concentration Yon ‘more than 5,000 unis per state To assist inthis acquisition process, and to gain mare operational contol and focus, TMG has developed significant relationships among professionals in the industy, including management ‘companies and construction companies. TMG intends o use these relationships to acquire individual properties a5 well 3s porlios that present value added opportunities. TMG will operate the properties providing high {quality aferdable housing during the investment petiod and then apply a series of proven ext strategies tothe Portolio to maximize value at sale or refinancing. TMG intends to expand into two adeitional markets within the next wo to three years. History ‘TMG commenced busines in late 1991 raising equity for low and moderate-income projects, primarily in New York State through the sale ofthe Low Income Housing Tx Credit. TMG raised near $50 milion dolas in equity to finance 820 units of housing in its fst sh years of existence. Soon ater, TMG entered into a joint ‘venture, which closed its frst acquisition atthe end ofthe fst quarter, 1998. To date, TMG has acquired or ‘acltated the acquisition of over 6500 units in 21 transactions within five states and eleven diferent submarkets. Properties we acquire genealy range in quality from 8 to C and are leased to low, moderate and middle-income persons. Seventeen properties were acquired using private activity Bonds and tax credit equity, with TMG acting asthe general partner or managing member of the ownership entity. The remaining properties were acquired Using tax-exempt 501 (C3 bonds, with TMG acting as Owners Representative forthe non-profit owner under «long-term contract. In ll cases, TMG sources the property, secures the financing, and oversees the acquistion and renovation process. TMG provides all the earnest money and funds the due diligence from ts own equity 25 atypical Owner would. MG further manages the renovation and ate a the Owners Representative throughout ‘the ownership period ‘TMG has obtained credit enhancement for some ofits bond transactions with Radian (formerly Asset Guaranty Insurance Company), American Capital Access, MBIA Insurance Company, Red Stone Parnes, Prudential, and FHA. In alton, TMC has financed its other deals with unated bonds, with Nuveen, Lord Abbe, Rachester Funds and Salomon Smith Barney among the primary bond purchasers. We maintain Continous contact with investment bankers, Bond investors, and credit enhancers such as RBC Dain Rauscher, Ferris Baker Watts, and Raymond James inorder to monitor the eurent markct conditions and most beneficial nancing structures ‘TMG has completed nearly $200 milion in taxexemp bond financing. The current pontoio consists of more than 1,600 units in three states and four sub markets. Addtonally, we curently have five properties totaling 1,009 units in Texas, Tennessee and Virginia under contract. Since its inception TMCG has been involved in the acquisition or financing of nearly 6,000 units of multfamily housing with a total development cost of nearly '$500 milion dolls. PresibeNT AND CHler EXECUTIVE OFFICER Royce A. Mulholland isthe President and Chie Executive Office of TMG. He has ove 25 years experience In theaflordable housing edn both he public and prvat sects. He established Royce Ailitsin 1991 forthe purpose of developing and financing residential real property for persons of low to moderate financial means. Mi Mulelland sa recognized expert in Tax reds, 501 () 3 ox exempt bond financing and private att bonds. ‘Mr Mulholland was nominated on January 12, 2008 by David A. Paterson Governor cf New Yor State, tothe NYS Senate for appoinament as Member of New York State Housing Finance Agency (HEAL. The Senate confirmed hi ‘00 Apil 7, 2008, for aterm that expires on January 1, 2015 Mz Mulholland served in the executive branch ofthe goverment ofthe State of New York for eght and half years, under the adminisvaion of then- Governor Mario Cuomo. He served as Charman of the Governors Housing Sub- Cabinet highest state housing pos His dates included developing the Governor’ housing policies and program legislation and negotiating the successful passage of housing legislation and housing budgets, Extensive work was petfoomed withthe National Council of tate Housing nance Agencies (NCSHFA) and the Departmentof Housing and Liban Development (HUD). During his tenure, New York State received natioral recognition for programs such a the Housing New York Program the Housing Trust Fund, the AMfodable Home Ownership Program, the Permanent Housing for Homeless Fanilies Program and the nastucture Demonstraton Program. He participated In the revision ofthe New York City Rent Stabilization Code and the New York State uiling Code, ‘Ms, Mulholland currently serves on several boards of charitable organizations, including: Providence House Inc, The New York Athletes Fund, Inc, and OWUFF, Inc. and the Douglas Manor Association, These charities provide numerous services including: assisting minority womer and thir infant children, supporting our United States Olympic Athletes and providing educational schclarships in the memory of ‘wo dividuals that perished in the September 11th vagedy. Cuter Oreratinc OrFicer ‘Michael O’Donnell serwes as Chef Operating Officer and has overall responsiblity for corporate operations for the afordable housing postolio. He is responsible fr asset management, fiance, maintenance, capital projecs, budgeting and compliance isues. Specifically, inthis capacky Mr, O'Donnell is responsible forthe 12 ‘commits in three states, consisting of 1,600 unis, nearly 70 staff with gross recep of aver $10 milion. Me, (O’Doxnel joined TMG in the spring of 2003, Port joining TMG in 2003 Mr. O'Donnell was Executive Vice President and Chief Operating Officer forthe (Doe Fund, Inc, 2 New York homeless services and housing provider, and managed ard directed the orgonization ‘uring a period of significant groweh. At the end of Me O’Donnells tenure he oversaw a $47 milion dollar ‘operating budget, a $50 milion capital budget anda taf of over 150 persons, From 1984 to 1996 Mr. O‘Donnel served in various senior level management postions within the New York City goverment. As Assistant Budget Director for Housing, Economic Development and rant, Mr. Donnell was responsible for the operating and capital budget programs of eight city agencies with annual budgets of nearly five billion dolas. Addonally, this postion was responsible for the evaluation of existing programs and the implementation of creative revenue enhancing mechanisms including secutizing $150 milion in Mtchell-Lama "morgage, the Cy’ largest middleclass housing portolio. Prior to his tenure a the Ofice and Management and ‘Budge, wr. Donnell was the Director ot Housing Operation forthe Deparment cf Housing Preservation and Development. He oversaw a porto of 2,800 buildings with over 30,000 sparment units. In ths poston he was rectly responsible fora staf of 1,200, an annual operations budget of over $200 millon, and an annual capt bbadge of over $80 milion. He received his BS in Mechanical Engineering from Brown University and a Master of Science in Urban Policy Analysis and Management fram New School Universi ‘Schedule of Real Estate Owned “Schedule of Rel stat Previously Onned or Operated Low income Housing Tax Credit Propertioa* sree com stun. in mor a ‘tr Munoarsseve placerat rh gy aed ene fi ay amas ene 160-1987 "TMG FAIRWAY GP, LLC CONSENT OF SOLE MEMBER AND SOLE MANAGER, ‘The undersigned, being the sole member and sole manager of TMG FAIRWAY GP, LLC, a Delaware limited liailty company (the "Company”), hereby consent to the adoption of the following resolutions: RESOLVED, that the Company is authorized to enter into and make an Amended and Restated Agreement of Limited Partnership of TMG Richmond IV, LP (the “Partnership Agreement”) with PRG Brooke Ridge LLC, a Delaware limited lability company, end Phoenix Realty SLP-LLC, a Delavare limited lability company, forthe ownership, development, and ‘operation of certain real property and improvements in accordance with a certain commitment letter dated October 30, 2007 and that in furtherance thereof, the Company is authorized (a) in the name ofthe Partnership to enter into, execute and deliver a Certification and Agreement fo PRG Brooke Ridge LLC, s Delaware limite liahilty company, Phoenie Realty Grup LLC, a Delaware limited liability company, Phoenix Realty SLP LLC, a Delaware limited Kabity company and Phoenix Realty GP LLC, a Delaware limited liability company, (b) in the name of the Parmership a Development Agreement; (c) inthe name of the General Paine acting forthe General Parner and acting for the General Partner on behalf of the Partnership, © Local Administrative Fee Agreement; and (@) such other documents, agreements and instruments contemplated in connection with the Partnership Agreement (te foregoing items (a) through () inclusive are collectively refered to herein as the “Partnership Transaction Documents") RESOLVED, that the Company is authorized to enter into and make in the name of the Partnership, the following documents and agreements, in connection with the issuance by the Richmond Redevelopment and Housing Authority (the “Authority ofits $8,200,000 Mlifamily Housing Revenue Bonds (Andover Apartments Project) (collectively, the “Bonds”) (collectively, {he “Borrower Bond Transaction Documents”) (8) Bond Placement Agreement, (2) Deed of Tt, Security Agreement and Assignment of Leases and Rents, (¢) Asignmeat of Leases, Rents and Other Income; (4) Hazardous Material Guaranty and Indemnity Agreement (the “Environmental Indemnity), (@) Assignment of Management Contract, () Assignment of Development Documents, (g) Security Deposit Assignment and Security Agreement, (k) Disbursement ‘Authorization and Instruction Agreement, () Assignment of Interest Rate Protection Agreement, () ‘Assignment of Deed of Trust Documents (k) Servicing Agreement, () Investor Equity Assignment and Security Agreement, (m) Acknowledgment and Consent of Partnership to General Parner Limited Guaranty, Partnership Interest Assignment and Security Agreement and Confirmation of ‘Pledge, (a) Loan Agreement, (0) Regulatory and Land Use Restriction Agreement, (p) Certificate of ‘the Company and (q) Promissory Note. RESOLVED, that the Company is authorized to enter into the following documents and agreements in connection with the Bonds (the “General Partner Bond Transaction Documents" (@) General Partner Limited Guaranty, ParnershipInerest Assignment and Security Agreement and Instructions tothe Parmership and (b) Developer Limited Guaranty, Developer Fee Assigament sod ‘Security Agreement, and (c) Environmental Indemnity. RESOLVED, that all prior actions taken by the Company (neluding any manager or member of the Company) by the Company for itself and acting on behalf the Partvership ia. connestion with the issuance and delivery ofthe Bonds be, and hereby ar, ratified, approved and confined and the Company, acting for itself and acing on behalf of the Partnership shall be and is hereby authorized and directed to take any and all such further and other action at it deems necessuy of advisable in connection wih the foregoing resolutions andthe traeactions refered to therein and to execute and deliver, as appropriate, the General Parner Bond Transaction Documents, the Borower Bond Transaction Documents and any and all other agreements, instruments, certificates and otter document as it deems appropriate in conection therewith (at conclusively evidenced by its execution and delivery thereof), all with such changes or additions thereto as it deems necessary or advisable (as conclusively evidenced bythe Company's execution and delivery thereof), and to take all such further and other action as it deems necessary or advisable in connection with the transactions contemplated bythe foregring resolutions RESOLVED, thatthe Company is authorized to enter and makein the name of the General Parte acting for and on behalf of the Partnership, that certain Assignment of Contract dated ‘October 29, 2007 by and between the Partnership and Royce Afilides, Inc. (lhe “Assignor), pursuant to which the Partnership assumed the obligations of the Assignor under that cerain ‘Purchase and Sale Agreement dted April 10,2007, by and between the Assignor, as purchase, and Glenwood Associates of Richmond, LLC, as seller, as amended by the Fist Amendment to ‘Agreement of Purchase and Sale dated May 25, 2007, the Second Amendment to Agreement of Purchase and Sale dated May 30,2007, the Third Amendment to Agreement of Purchase and Sale dated June, 2007, the Fourth Amendment to Agreement of Purchase and Sale dated July 27, 2007, the Fih Amendment to Agreement of Purchase and Sale dated August 16, 2007 and the Sixth ‘Amendment to Agreement of Purchase and Sale dated October 26, 2007; a letter dated August 20, ‘2007, a leter dated September 20, 2007; and a letter dated October 18, 2007 concering, the purchase of certain real property and personal propery located in the City of Richmond andthe ‘County of Henrico, Virginia, as further described therein (including al amendments thereto and including the Assignment, the "Purchase Agreement”). RESOLVED, thatthe Company is authorized forthe General Partner acting on bebalf the Partnership to take al actions and execute and deliver all documents reasonably required inorder to close onthe Purchase Agreement. RESOLVED, that Royce A. Mulholland, Manager of the Company, shall be, and hereby is authorized to execute and deliver the General Partner Bond Transaction Documents, the Borower Bond Transaction Documents, the Partnership Agreement and the Partnership Agreement ‘Transaction Documents in accordance withthe foregoing resolutions. RESOLVED, that the Amendment to the Certificate of Formation of TMG Fairway GP, LLC attached hereto as Exhibit A (the “Amendment”) is hereby approved and the General Partner be, and hereby is, authorized and directed to execute the Amendment and cause the Amendment to beled withthe Secretary of State of Delaware, RESOLVED, that the Amendment to the Cerificate of Limited Partnership of TMG Richmond IV, LP attached hereto as Exhibit B (the “Cerificate Amendment”) is hereby approved and the Company be, and hereby is, authorized and directed to exeete the Certificate Amendment ‘and cause the Amendment tobe fled withthe Secretary of State of Delaware. RESOLVED, that all prior actions taken by the Company for itself, forthe General Partner and forthe General Partner acting on behalf the Pertnership in conaection withthe transactions and. actions contemplated by the foregoing resolutions by its member, ofiers or managers, including, without limiution, Royce A. Mulholland, as Manager of the Company, be, and hereby ae, ratified, spproved and confirmed and the Manager ofthe Company shall be and is hereby authorized and. ddrected to take any and all such further and other action as it deems necessary or advisable in ‘connection withthe foregoing resolutions and the transaction refered to therein and to exeeute and. deliver, as appropriate, any and all agreements, instruments, cerifsts, affidavits and other documents as it deems appropriate in connection therewith (as conclusively evidenced by ite ‘execution and delivery thereof), ll with such changes or addition thereto as it deems necessary or advisable (as conclusively evidenced by the general partner's execution and delivery threo), and to take all such further and other ation as it deems necessary of advisable in connection with the ‘wansactions contemplated by the foregoing resolutions. ‘The undersigned, asthe only member and manager of the Company, hereby acknowledge having given their prior consent to these resolutions. ‘No other action is consented to or taken. [BALANCE OF PAGE INTENTIONALLY BLANK — ‘SIGNATURES APPEAR ON THE FOLLOWING PAGE] Date: December __, 2007 2A. Mulholland, Sole Member and Manager EXHIBIT A STATE OF DELAWARE AMENDMENT TO THE CERTIFICATE OF FORMATION OF ‘TMG FAIRWAY GP, LLC tis hereby certified that: 1, The mame of the limited lability company (hereinafter called the “Company” is ‘TMG Fairway GP, LLC. 2. ‘The Certificate of Formation ofthe Company was fled on May 21, 2007. ‘The Certificate of Formation ofthe Company is hereby amended by adding the following as paragraph 4 thereto: 4. So ong as those certain Richmond Redevelopment and Housing Authority Multifamily Housing Revenue Bonds (Andover Plaza Apartments) Series 2007 (the “Bonds") are outstanding and TMG Richmond IV, LP, a Delaware limited partnership (the “Partnershp”), isthe ovmer of a multifamily residential reatal property located in the City of Richmond, Virginia and the County of Henrico, Virginia and known as “Andover Place Apartments” (the “Property”, the ‘Company shall: (@) not engage in any business or activity other than the acquisition, ‘development, rehsbilitation, ownership and operation of the Property, acting as general partner of the Parmership, as more specifically set forth in Section 29 of the Limited Liability Company Agreement of the ‘Company (the “Operating Agreement”); or (©) not incur, assume or guaranty any indebtedness other than indebtedness expressly permitted by the Operating Agreement or the documents evidencing or securing the Bonds; or (©) not violate or fil to comply with the covenants to maintain its identity as an entity separate from any other person or entity as se forth in Section 29 of the Operating Agreement IN WITNESS WHEREOF, the undersigned has executed this Amendment to the Cerificate of Formation of TMG Fairway GP, LLC on the day of December, 2007, ‘THE MULHOLLAND GROUP, LLC, a Delaware limited liability Sole Member and Manager EXHIBITB ‘STATE OF DELAWARE AMENDMENT TO THE CERTIFICATE OF LIMITED PARTNERSHIP OF "TM RICHMOND IV, LP Iishereby certiied that: 1. The name of the limited partnership (hereinafter called the “Partnership") is TMG Richmond 1V, LP. 2 The Cerificate of Limited Parmersip of the Partnership was filed on May 21, 2007. ‘The Certificate of Limited Partnership ofthe Partnership is hereby amended by adding the ‘following as paragraph 4 thereto: 4. Soong as those certain Richmond Redevelopment and Housing Authority ‘Multifamily Housing Revenue Bonds (Andover Plazs Apartments) Series 2007 (he “Bonds") are outstanding and the the owner of a multifamily residential rental property located in the City of Richmond, Virgina and the County of Henrico, Virginia and known as “Andover Place Apartment (the “Property, the Partnership shall: (@) not engage in any business or activity other than the ‘quisition, development, rehabilitation, ownership and operation of the Property, as more specifically set forth in Section of the Second ‘Amended and Restated Partnership Agreement of TMG Richmond IV, LP dated December __, 2007, made by and between TMG Fairway GP, LLC, Phoenix Realty SLP LLC and PRG Brooke Ridge LLC (Partnership Agreement”); or (8) not incur, assume or guaranty any indebtedness other than indebtedness expressly permitied by the Partnership Agreement of the documents evidencing or securing the Bonds; or (©) _ not violate o fil to comply withthe covenants to maiatain its identity a an entity separate from anyother person orentityas set forth in Section = _ ofthe | Partmership Agreement. IN WITNESS WHEREOF, the undersigned has executed this Consent on the 20th day of December, 2007, ‘SOLE MEMBER AND MANAGER: ‘THE MULHOLLAND GROUP, LLC a it lability com Royce K. Mulholland, Sole Member amt Manager TAB F (Architect's Certification) Ten VHDA INSTRUCTIONS FOR THE COMPLETION OF APPENDIX F ARCHITECT’S CERTIFICATION (This Form Must Be Submitted Under Architect's Letterhead and included in the Application - Tab F) [NOTE Wie covoopmentincuses any combination of New Constucion, Reheblaton and [Adsotve Reuse, he separate Arhect Cereatens must be proved foreach conetucson pe. “Tne proper completion ofthis certfcaton is critcal to calculate he average ut square {ec and net retsbe square feet ofeach unt pe, to document amenity tems fr which Poets ‘wile awarded, and to calculate cetaln elements of the effcont use of resources pins, this crtcaton i not completed correct there may be los of pons or cequalfcaton of he ‘pplication o compete for tax cress, I this development recalves an allocation of tax credits and ro ‘i. eainent bythe Gun ofan amount ub o 10% oe Total Devalooment Coat toh in rr ri ‘Zsdlamaviesut. There, spate ht is coca ote he Puro saute ies St mat w be provided rete fan aocaton of x eo Each secton of this certicaton contains instructions on how the information should be provided For Uni Size Casulatne, te Average Unt Squaro Fee ae Net Rantablo Square Feet shoud be sted to two 2) decimal paces. The numberof unt indicated shouldbe only the uns for which ren wl be ‘oloctd. For Avorage Unt Square Fee calclaons, the Toll Square Feet shoud ual we Average {Unit Square Feet muted bythe Number of Unts/Type, The total atthe botiom ofthe Total Square Feet calumn shoul equal tem (0) on te are page ofthe crtcaton, or be wahin tag de to ‘oureng. The lla te botom ofthe Number of Unis/Type cokunn shoud equal he rumber of units Inte tax ered application ‘Access cortfeatons on page 8 are for ax cred pln categories only and are not o be confused wih minimum code requirements, ‘The architect signing his documents contig that all unt and ste amenities indicated nis cericaton ar incorporated inf the development plans and spectaions and unt-by-unt work ‘atop and tat al products necessary to hal these represertatens are avalale for hese purposes. ‘The indlvidual who certifies this information must inital the pages where indicate, provide {he porsonal information requested and sign onthe lat page. This certeaton should net be ‘malledsoparataly to VHDA but returned tothe developer for inclusion in the tax ere application. a Bes 2007 ‘STUOIOZARCHUTECTURE. NC IANO, VAGINA 235153897 Prooouiins feo i60 TO: Virgina Housing Development Astorsy sees Ubiosomne cou (1 South Bede ieee ‘ve wiv STUDIOZONLINE COM ‘lchmond, Vga 2320-6800 ‘Area: Jin Chandler BRE: ARCHITECTS CERTIFICATION ‘Nae of Developmen [Addes of Devlopnen Nan of Owner Applica VATE ‘The sboveserenced Owner has asked ou ofc wo provide this eniieation regard (i) plans an specfeations. i) the developmen square forges average unk square fooagesane net rent squre footages (i he arenes te develpest wil ave pon competion, ad (federal ae state equeiens enining fo develope aeessibliy for persone wis disbiiies. This eration is rendered soley forte fination of thee ies. Ii undernood wl be ued by the Viznia Housing Develnpten Alon Solely {or te purpose of detemsining wheter the Developer qualifies fr pots avalable det VEDA's Qualified ‘Allston Plan for housing at eed and frre consequences for flue to provide temscerfied below Plan nd Speifieatons ‘Required documentation forall properties (ner construction, rebabilation aud adaptive reuse) 1A location map with propeny cleay defines 2 Skee pln oft ste showing everl dimensions of min building) majo st eleness (eg paring lots and location of exsing wiles and wae, sewer. elec fi ae sets hacen tthe it), Conou lines and elevations ae not equed. 4 Skt plans of mia buildings eefecting ovealdineasions of a. Typial lor plans showing partment ype and placemeat '. Gren for plans showing common areas. €. Skee oor plas of pial dveling unity, 4. Type wal Seton) showing footing foundation, wall andor sacar. ‘Notes uit indicate baste materials aster, Noor and exterior ash, {In addition: required dacementaton for rehabilitation properties Aunitdy-anit work wteap. ARCHITECT'S CERTIFICATION, continued rein cade fo parte elation of ogre oor 1. Average lt Suuare eet Mennremea nclae A Proraa Str of Hage Reset Common Aca 2 Net Rentabe Square Feet Mesnrements Do Not Ince A Pro Shar of Any Conon Aca te Rees All br Flan oh Unt ype 8K, 2-BR 1. Average Unit Square Feet: (These meanurement pact the sora ft credit applications) For purposes of determining the usable resident heated square fet, be buldings) were measured from tbe ‘ouside face of exterior wals andthe centerline of any party wal. All unheed spaces and sirelis, ‘which re no moe thn heated breesways and nonresident, income proding commercial spaces were Stracted om his essurement Community roms, lmnary rooms, ropery mangement ofies abd partments, bested ainenaoe flies nd ther common space designed serve reget tenants were ‘ot deducted. Based on thi procedure, I ety the fllowing calculations in dtemining the able besed {guise [et or the above referenced development: 176460.26 (A) Total or area in (5. f) forte etre development ‘a0. = @) Unbeated oor are reezeways,bleonies, storage) a0 (©) Nooresdestia, commercial (ene producing) aes TRUSTE = ~—(D) Total usblereidentl heated are 9) forthe development INSTRUCTIONS FOR AVERAGE UNIT SQUARE FEET CALCULATIONS: Provide the average unit size foreach bedroom type, (1 bedroom elderly 2 bedroom garden, 3 bedroom townhoute, ec) by adding the otal square fect of al the sme bedroom types (2 bedroom ‘garden with I bath and 2 bedroom parden with 2 baths) and adding the prorated share of bested ‘common residential space and divide by the total number ofthe same bedroom types (2 bedroom ‘garden. Do not alter any items below. Average Number of Toul Unie Types unisq hi x _UnivType = Square Fee Assisted Living i 1 StryEFF-Elerly 0 1 Story BR-Eery 00 Stony? BR-Eldery = ficiency Elderty 00 {Bedroom Elderty 00 2 Bedrooms Elderly 00 Efficiency Gare {Bedroom Garden 2 Bedrooms Garden 3 Bedrooms Garden {Bedrooms Garden ° 2 Redrooms Townhouse 319.08 1 5 Bedrooms Townhouse 57.08 7 {Bedrooms Townhouse 000 2 ARCHITECT'S CERTIFICATION, continued on IZ For purposes of alelting Net Renal Suse Fest, he nit ere menu om he ace of ach nein wall. The salves telow therefor inde he act! sare tage of xc nit or plan. For example, thee maybe 2 sie. “edroom flor las, 3 sic -bedroom for plans. The purpose fis con of te Architect Cerfietion sto ocument and ery the Noo space ststuble to reset eta nisin he evelopment) FoorPlan Naber of Units Soest This aorPlan Teal 00 ° 00 = 2 To ‘hoo o ‘0 ‘a o or 10 7, To Th 7 =a 1300 v, ‘00 hoo = ‘0 ‘0 1 ‘00 0 o, ‘m0 ‘0 1 a0 1 ‘a0 ‘00 == ‘0 ‘300 7 ‘00 0 a ‘a0 72.00 2 234600 00 oT ‘S00 ‘0 0. ‘00 ‘00 % ‘00 ‘00 ° ‘00 ‘00 o ‘00 ‘0 v ‘O00 0 ° 0 ‘00 2 00 o 00 ‘00 2 0 00 ° 00 0 ° oc 2 0 (Net Rewable Square Feet coated) 2Bedevom soac0 6 167,400.00 2 eo 00 ° ‘m0 2 Bevo = mes = 2 eakoom 00 2 ‘00 2hedwom 00 2 ‘00 2 Bectoom = 2 2 Bedwom om 2 ‘300 2Becwon ‘0 2 ‘00 2ewom ‘00 o ‘O00 2Bewoon To a, ‘00 2Beoor ‘0 a. ‘a0 2Besroon ‘hoo 0, 9.00 2Beoor ‘0 , ‘00 2Besroon ‘0 7 0 2Bedoon oo z 2.0 2 Betroom 1018.00 pion 04.00 3 Beaoor ‘0 a te 3 Betroom ‘00 0 a 3 Bedroom ‘00 a 0 3 Bedroor ‘00 a ‘hoo 3 Betroom ‘300 o 0 3 Bedor ‘0 a. ‘0 3 Bedroom =a 7 0 53 Bedoom ‘00 o ‘0 3 Bedroom ‘300 0 ‘0 3 Bedroom ‘00 2 10 3 Bedeor ‘300 o ‘00 3 Bedeom ‘00 ° Tho 3 Bearoom ‘00 o ‘00 3 Bedroom 00 ° oc 4 Bedtoor 000 © 0 ‘Redieom ‘0 2 ‘300 ‘Bedroom ‘00 o ‘00 ‘Redo 0 2 ‘00 ‘4 Beatwom ‘00 2 ‘00 4 Bearoom ‘00 2 ‘00 ti Redioon, 0 ° ‘00 ‘Betwom 00 2 =a ‘Redon TM o ‘00 ‘Bearwom ‘0 1, 3.0 ‘Beceom 0 o ‘00 4 Beaoom To v, 0 4 Becoom ‘hoo o, 2.0 4 Becoom Th v, a0 ‘ateom 0 o =e ‘Teal: 1 172,900.00 nae, ARCHITECT'S CERTIFICATION, coatiued Development Ameakies: celta te development’ plans an speifations, work write-up, and proposed budget Incorprae al ems fom VDA most iret Minin Desig nd Conon Requreet ‘The Requirements appt ary new, adaptive res or ehabliaed developmen (Gosuaeg hase serving ele andor pally dabed house), ‘The Minimum Dele & ConemtonRegurenents maybe fundon VHDAS webs a ew com or an development pon completion of consrucionchabliatoe(oo-mandatary amenities) gs a1) Percentage of 2 bedioom us tat wil hve 1 or more bathrooms ‘O— * 2.2} Peconage of ormore oon tnt wil have? oe mae booms (@ ~B The dielopen wl ave a cormuniymesing room vith a minimum of 79 square ft. 35% Percentage of enerior walls covered by wick (ecuting wang gable ead rea, ‘ors window and reaining wal) 0. Alien and inca appinces meet the EPA Energy Star quid progam requrenens «-Allwindows met he EPA's Energy Sa quid program equleners {Eve ant nthe developmen feels ar condone wit er () beat ‘pnp ans wih both «SEER rang of 140 or more ands HSPF ring of 820 ‘mor and variable spo! sr anlng ni (or rogh-e-val het pump equpest (hatha an EER rang of 1.0 oF ow), (i) coating uns with ‘SEER raingf 1D or more and varie speed a bang ul combed With gas amass witha AFUE rating 90% o more «Water expense wil te suthneel nae wl xy polo B-myb) FE Bithbtoom sons oni of owl foes (2.2 ppm mama) tod ‘snowerbals (25 er ai) | Provide essary infarct al its for igh peed cable, DSL. 5. Allwaer ester wil met the EPA Energy Star qualified rogram egienen 08 D8 oo won IZ ARCHITECTS CERTIFICATION, continu Forall developments ecaively serving eleanor bandcpped ets, spon completion of consresion/ehailtlar: (oo mando seni) Al cookng ranges wil ave or comrole ©All batwoome wil eves ndepedet or Spent st source 1 Allenance doors have vo ej viewer ne a4 and he te andar ion oo00 For allrebsbilation and ative res developments, upon completion of consruon rubato: (Gonandsry) 1D — The succes ie niu inthe Nain! Repter of Histor Place oe Irlocned na registered storie atc and cored byte Serer ofthe Ini as eig of histrialsignifcaoe othe Sst ad the relation wl become in socha mame ast be elie or hte eaiiaon cette Bailing Structure: ‘Numbers 2 Low-Rise(1-s sores wih any src elemens being wood fame comtrton) |. MurRie 5-7 sors wi no rst elements being wos re constuction) (G._Migh-Rie (6 ormore sore with gg Sect eens bing word me contin) Ina Appendix _- VHDA's Universal Design Standards Certification 1D Units inthe development will meet VHDA's Universal Design Standards, Before issuance of IRS Form 8609, applicant will provide documentation to VHA as ‘evidence that wich units meet VHDA's Universal Design sda ‘The nomber of rental units that will met these standards ‘The total numberof rental units inthis development: 192 ‘NOTE: For Elderly Developments, 100% ofthe unit inthe development must meet the ‘Universal Design standards in order to qualify for points For Family Developments points are awarded based ona percentage ofthe ‘numberof units meeting the Universal Design standards For the tax credit applicant o qualify for points associated with Universal Design, the architect of record must on VHDA’s list of Universal Design certified architect, sit ite VHDA Appendix F _ - EarthCraft or LEED Development Certiiation Cl Eartheraft Certification -The developments design meets the criteria for EarthCraft certification according to energy modeling projections and the areas of ‘emphasis worksheet. Beforeissuance of IRS Form 8609, applicant will obtain and provide EartCraft Cetfcaon to VEDA. D_LEED Certification - The development’ design meets the criteria forthe U.S. GGroon Building Council LEED green building certification. Before issuance of IRS Form ‘8608, applicant wil obtain and provide LEED Cerifiction to VDA. NOTE: Select only one ofthe above two options. For the tax cred applicant to qualify for points associated with this section, the architect of cord must on VHDA's list of LEED or Eartcraft certified architets, as appropriate. Signed: ‘Printed Name: Patrick M. Zampetti “Architect of Record (came individual aon page 8) Date: 71309 Please identity the folowing information ofthe LEED Accredited Profesional: List below the attributes ofthe proposed development which would or may qualify for poats ‘under the US. Green Bulling Couneis LEED certification rating stem (dal space ae necessary) : Bee = Wire Ue Pac — FUME . eral ee 7 Be re EX wine : Fee Ge Pie Epes - 50% Ys eK a Lee A aebnefaaanite vir: Please a ofthe LEED Accredited Professional Certiieate fo this document. Rea TRA igMe NeTe- he Pcl Hie Na bea ven for Lew copra + Tus page mst ince item that wookd qualify for points under te LEED cereton system, il be int ‘This india is not required tobe the architect of cord signing the Architect Certifeation. Is "suiclnt that this individual fa member of he design team. " OO O00 O00 OOO GBCI LEED Professional Accrecitation Exam ‘Score Report ‘Candidate: Please carefully read through this score report, as it contains details about your ‘examination performance and payment information, Exam Information : (Concave, [ravick Zanpots_—__} [eam Date: — [Tuesday, February 10,2000] [Candidate iD: 10076713 — | HAS Oo Sen cennreete secon Paromans fsa = aaa = aes a cee aaa TanaTare |e Smt ae I you have questions or concems regarding your score report or the accreditation process, please contact the Green Building Certification Institute at exam@gbci.org, a TAB H (PHA/Section 8 Notification Letter) Byne Johnson ‘Angela Bure [aburke@tmg-housing com] ‘Thurscay, May 07,2009 10-48 ANt "Ryne Johnson" EW FedEx Shipment 796580158405 Delivered ‘ute Ceachlay pate baw been cequested By: Company Mane: The Mulholland Group, LC Name: angela Burke email: aburkesemrhousing.com ‘our recorde indicate that the following shipment has been delivered ship (8/0) date: ay 6, 2009 Delivery date ay 7, 2009 9:46 am Sign for by: Ma Delivered to: Receptiontst/Pront Desi service type Fedex Priority Overnight Packaging type: easx Envelope munber of pieces: 1 ‘Special handling/Services.Direct Signature Required ‘Tracking munber: 796500350406 Shipper Infomation angela burke ‘The Mulholland Group, 1 Recipient Inforvation Section # cr PHA Waiting tet Adni Richnond Redevelopment © Housing AD Please do not respond co thie message, This email wae gent. from an unattended inal iboe. This seport wae genersves ar approximately #:50 2 COT (08/07/2009 AL veights are estinaced. xe the latest statue of your shipment, click on the tracking sunber above, for the accuracy of thie tracking update: eine of uae, 30 vofedex.com ‘thank you for your business. Page 1of 1 Sees a tienes Shove Oe sea Stioment Face Severe Rag eager Oi = | woe oS tat2 ty [Shipment Travel History secre som oie Myson eyezeseans ue 3088 - = Inpro fedex com/Tvacking/Detail?e_stt_url~&totalPieceNum=SbackTo=@templat.. 7/2009 Seen VHDA PHA or Section 8 Notification Letter (This Form Must Be Included With Application) May 5, 2008 ‘Shawn Williams Housing Choice Voucher Program Manager Richmond Redevelopment and Housing Authority 901 Chamberlayne Parkway Richmond, VA 23220 Attention: Section 8 or PHA Waiting List Administrator PROPOSED AFFORDABLE HOUSING DEVELOPMENT Name of Development: _Andover Place Apartments, Name of Owner: "TMG Richmond IV, LP | 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 lowincome 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 _12/31/2009 ‘The following is a brief description of the proposed development: Development Address (should correspond to |.A.2 on page 1 of the Application): 2823-B Fairfield Avenue Richmond, VA 23223 Proposed Improvements: (Should correspond with |.B & D and IIA of the application) (New Construction: # Units +# Buldings Total Gross Floor Area D Adaptive Reuse: # Units # Buildings Total Gross Floor Area Rehabiltation: 782 #Units “26 # Buildings Total Gross Floor Area Proposed Rents (should correspond with ViI.C of the Application): 1 Eficiencies: $NA J month 1 Bedroom units: $ "525.00, J month B 2Bedroom Units: § "585.00 / month 1 3 Bedroom Units: $ 650.00 / month O 4Bedroom Units; § “NA. J month PHA or SEC 8 Notification Letter, continued (ther Descriptive Information (should correspond with information in the appication): The Project is 192- unt garden and townhouse style multifamily housing project completed in 1967 an js situated on approximately 9.081 acres of real property located in Henrico Couny, Viepinia and the City of Richmond, Virginia. The Portion of the project located in the County of Henrico includes 13, building which contains 92 units and the portion ofthe project located inthe city of Richmond consists of 100 units located in 15 buildings. The owner's rehabilitation plan calls for construction of 2,500 square fot clubhouse, a playground and a sweeping. rehabilitation of both the exterior projec site and ‘the interiors ofthe 192 unis We will appreciate your assistance in identifying qualified tenants. If you have ‘any questions about the proposed development, please call me at (212) 661-5016. Please acknowledge receipt ofthis letter by signing below and retumning it to me. eerely yours, Representative of Owngr/Applicant Title Genetal Pariner ‘To be completed by the Local Housing Authority or Sec 8 Administrator: ‘Seen and Acknowledged By: Printed Name: Tile Phone: Date NOTE: Any change in this form letter may rasuit in a reduction of points under the. ‘scoring system. If you have any questions, please call Jim Chandler at VHDA (804) 343-5786. Relocation Assistance Plan Relocation Assistance Guidelines ‘These guidelines are the Authority's standards forthe provision of assistance to tenants forced to relocate because of changes in the use or condition of their rental units regardless ofthe length ofthe remaining lease term. ‘Any contract for the acquisition ofa site with existing residential property may not require an empty building as a condition of such contrac, unless relocation assistance is provided to displaced households, iFany, et sich level required ty the Authority below. 1. Applicability ‘The guidelines apply to all developments that will displace existing tenants and must be followed to qualify for Low Income Housing Tax Credits. These guidelines will be incorporated by reference in and enforced by the Contract to Enforce Representations Regarding Low-Income Housing Tax Credit Development ifthe development qualifies for areservation of credits ‘The guidelines apply to all multi-family buildings when tenant moves are requted for reasons such as rehabilitation, demolition, and sale by contact specifying an empty building. They apply to rented single-fmily huses when tenancies are terminated because of planned demolition. Summary Inthe situations specified above, owners must undertake the following: 1) Relocation payments 2) Relocation assistance 3) 120day vacate notice 4) Ful communication of plans ‘UL Relocation Payments (Owners must provide relocation payments to all households receiving notice to vacate the ‘development and not return tothe existing development. See item V. for Temporary Relocation. The ‘payments are designed to help cover maving expenses and te additional cots of relocaton. Relocation ‘payments for unfurnisted dwelling units should be in accordance with the current moving expense ‘Schedule for Virginia under the Uniform Relocation Act. The payments currently specitied by the Act are as follows: “Occupant owas furniture 3 ad Eset oom | rooms | rooms | rooms | rooms | rooms | rooms | rooms add | notfurn, | ade’L room oom Ee 3s RELOCATION ASSISTANCE GUIDELINES, continued To each leaseholder whose gross income is less than $0% of the applicable Area Median Gross Income (AMGI) adjusted for household size, ownerlapplicants must provide a relocation payment of tsvoe the amount iste above. ‘Owmers are encouraged to discuss the details oftheir relocation plans with the Authority staff in order to identify special tenant circumstances that might require fine tuning of the arrangements, ‘Owners must make at leat half ofthe relocation payment when a tenant gives a definite move cout date, the remainder to be paid when the tenant actually vacates. Many neod this to help pay the security deposit on their next residences. Owners are urged to give careful consideration to providing relocation payments to tenants who have not yet received their 120-day notice to vacate but have compelling reasons to move early. IV. Relocation Assistance ‘Ovnerlpplicants should provide additonal relocation assistance such as + Expediting retum ofsecuity deposits, or allowing tenants to apply them tothe last month's et + Contacting comparably pried rental complexes to request priory for persons being displaced ‘+ Providing transportation for tenants needing to look at other housing, especially those who are elderly or disabled ‘+ Giving atention tothe special problems of timing moves for families with school age children ‘+ Offering to elp (tucks and divers) move fumishings Relocation assistance and services should he made availahle to tenants not only doing regular business hours but during evenings and weekends to accommodate tenants who would otherwise have ‘miss work. Owners should provide tenants writen materials andor translation services in ther native languages if necessary. ‘¥, Temporary Relocation Assistance (Ovnerfappicants must provide assistance fortwo moves when itis necessary for occupants ‘qualifying fora renovated unit to move temporarily during the renovation Work and then rerum to a renovated unit. Assistance can be either a pyment to reimburse the actual cost ofthe move and uty transfers or moving services provided by the developer and a payment to cover the cost of utility \ransfers. Tenants are expected to provide documentation oftheir expenses. Payment for only one move is required ifthe tenant elects in writing to move tos renovated unit and not return to his or her orginal unit RELOCATION ASSISTANCE GUIDELINES, continued VL_120-Day Notice to Vacate State law requires 120-day vacate notice forall condo ard coop conversions and for ay change inthe use of buildings with at least four rental units, These guidelines extend that noice period to all ‘multi-family rental units vaceted due to rehabilitation or demolition, and to single-family houses being demolished vi mn an ‘Owners must inform tenants of renovation and relocation plans as soon as possible, and to arrange for interpreters to help non-English speaking persons understand what the owner intends to do with the property. Open communication with tenants about plas for the development canbe hell to both owner and oecupants by minimizing rumors and misunderstndings, Owners of complexes containing 20 or more units are required to submit a renovation and relocation plan tothe Authority and to affected tenants. The plan should be as complete as possible, nd ‘updated as changes are made. The scope of the plan should be appropriate to the sale of the development being renovated, including ta minimum: 1) Name, address and contact person forthe owmer/ developer! management company 2) Scope ofthe work tobe done and phasing of work, inluding estimated timetables 3) Relocation payments and services tobe offered 4) Anticipated rents and rental polices after the changes 5) Measures planned to minimize construction impact on occupied units ‘The plan should be submitted tothe Virginia Housing Development Authority, Multi-Family Development Division, Attention: Tex Credit Program Administtor. ‘VIL Documentation of Compliance (Ownes/appicants are required to maintain files which cas, required by the Authority, ‘document compliance with the above requirements. Such files stould include, but not be limited to ‘copies of relocation plans, notices, canceled checks, and othe tens providing evidence of compliance with the shove requirements. RELOCATION ASSISTANCE GUIDELINES, continued REQUIRED NOTICE WHEN BUILDINGS UNDERGO CHANGE Section 55-222 ofthe Code of Virginia requires 120 days’ notice to tenants being vacated from ny building containing atleast 4 residential unit, ifthe buildings tobe renovated, demolished, sold on ‘contract quiring an empty building, or converted to hotel, moe, apartment hotel, o other commercial ‘Vinwinia Code Section $5222 NOTICE 10 TERMINATE A TENANCY; ON WHOM SERVED; WHEN NECESSARY. - A ‘TENANCY FROM YEAR TO YEAR MAY BE TERMINATED BY EITHER PARTY GIVING THERE MONTHS; NOTICE, IN WRITING, PRIOR TO THE END OF ANY YEAR OF THE TENANCY, OF HIS INTENTION TO TERMINATE THE SAME, A TENANCY FROM MONTH TO MONTH MAY BE TERMINATED BY EITHER PARTY GIVING THIRTY DAYS" NOTICE IN WRITING, PRIOR ‘TO THE END OF THE MONTH, OF THIS INTENTION TO TERMINATE THE SAME. HOWEVER, 120 DAYS’ WRITTEN NOTICE IS REQUIRED IF THE TERMINATION IS DUE TO REHABILITATION OR A CHANGE IN THE USE OF ALL OR ANY PART OF A BUILDING CONTAINING ATLEAST FOUR RESIDENTIAL UNITS, CHANGES SHALL INCLUDE BUT NOT BE LIMITED TO CONVERSION TO A HOTEL, MOTEL, APARTMENT HOTEL OR OTHER COMMERCIAL USE, PLANNED UNIT DEVELOPMENT, REHABILITATION, DEMOLITION OR SALE TO A CONTRACT PURCHASER REQUIRING AN EMPTY BUILDING. THIS 120-DAY REQUIREMENT SHALL NOT BE WAIVED; HOWEVER, A PERIOD OF LESS THAN 120 DAYS MAY BE AGREED UPON BY BOTH THE LANDLORD AND TENANT IN A WRITIEN AGREEMENT SEPARATE FROM THE RENTAL AGREEMENT OR LEASE EXECUTED AFTER SUCH NOTICE IS GIVEN AND APPLICABLE ONLY TO THE 120-DAY NOTICE PERIOD. WHEN SUCH NOTICE IS GIVEN TO THE TENANT IT MAY EE SERVED UPON HIM OR UPON ‘ANYONE HOLDING UNDER HIM THE LEASED PREMISES, OR ANY PART THEREOF, WHEN ITIS BY THE TENANT IT MAY BE SERVED UPON ANYONE WHO, AT THE TIME , OWNS THE. PREMISES IN WHOLE OR IN PART, OR THE AGENT OF SUCH OWNER, OR ACCORDING TO ‘THE COMMON LAW. THIS SECTION SHALL NOT APPLY WHEN, BY SPECIAL AGREEMENT, "NO NOTICE IS TO BE GIVEN; NOR SHALL NOTICE BE NECESSARY FROM OR TO A TENANT WHOSE TERM IS TO END AT A CERTAIN TIME, ‘THE WRITTEN NOTICE REQUIRED BY THIS SECTION TO TERMINATE A TENANCY SHALL NOT BE CONTAINED IN THE RENTAL AGREEMENT OR LEASE, BUT SHALL BE A SEPARATE WRITING. For buildings containing fewer than 4 residential unis, the Autority requires the same 120-day vacate notice to tenants, ‘The Virginia Condominium Act requires in Section $5-79.94(8), as amended in 1980, that ‘tenants of ll complexes being converted to condominiums be given 120 days” notice to vacate A County or Henrico & VigilR. Hazlet, PE. ‘Gouty Manager May 13, 2008 Jim Chandler ‘Virginia Housing Deveopment Authority 1601 South Belvidere Street, Richmond, Virginia 23220 VHDA Tracking Number; 2.005 TE Jo __ Development Name i Name ofOwnervapplcant: ‘THG Richmond W. LP Dear Mr. Chandler: “The construction or rehabilitation of the above-named development and the allocation of ‘federal housing tax credits available under IRC Section 42 for said development will help to meet the housing and priorities of Henrico County. Accordingly, Henrico County supports the allocation of federal housing tax credits requested by TMG Richmond IV, LLP for this development, Yours try, Virgil R. Hazelett, P.E. County Manager Pe: Deputy County Manager for Community Development Director of Community Revitalization 90 20-208 PABA HUNGARY S>RING ROADS P.O. BCX 60775/ HENRICO. VRGNGA 2273.75, hx ou oe gite of Richman, ky fr (ChrasrorvERL BESCHLER sic ru AD ASTRAY (ChiEr ADMINISTRATIVE OFFICER Ree Mey 13, 2008 Virginia Housing Development Authority 601 South Belvidere Street Richmond, Virginia 23220-6500 Attention: James Chandler RE: LOCAL SUPPORT Name of Development: Andover Place Apartments Name of Owner/Applicant TMG Richmond IV, LP The construction or rehabiltation of Andover Place Apartments and the allocation of federal housing tax credits available under IRC Section 42 for that development will help meet the housing needs and priorities of the City of Richmond. Accordingly, the City of Richmond supports the allocation of federal housing tax credits requested by ‘TMG Richmond IV, LP for that development. Acting Chief Administrative Officer ‘900 Bast Broad Suet, Sule 201. Richmond Vininin 25219 + (808) 646.7978 TABK (Site Control Documentation) MELE Ady PGB 72 oFCzI $180,000 of aaa BKGUS3PG0016 ‘RECORDING REQUESTED BY AND WHEN RECORDED PLEASE RETURN TO: Fidelicy National Tite nuance Company ‘set: Ly Sane Dec m0 Fea ve 9774 Cy ‘Suite 403 4) ones Voyini36 a ‘Tax Parcel No: B12-0267-003 E 11.°0267-001 Einausrang Bioaweran? SPECIAL Ws THIS INDENTURE, made effecive as of the 21 day of December, 2007 between GLENWOOD ASSOCIATES OF RICHMOND, L.L.C, a Virginia limited lishility company (Grantor, whose adress is clo John Zed 315 West Bone de Leon Ave, Suit 369 Deca, Georgie 30030, in favor of TMG RICHMOND IV, LP, a Deleware limited perincrip Grantee), wiose address is lo The Mulholland Group, LLC, [4-07 Twenth Avenue, Suite S07, Whitestane, New Yor 11357. WITNESSETH THAT: (Grantor, for and in consideration ofthe sum of Ten and NVI00 US, Dollars ($10.00), lawl money ofthe United States of Amesica, to tin hand pad by Grant, ator before he unsaling and delivery ofthese presents, the recip of which is hereby acknowledged, as ranted, bargained sold, lied, remise, eleasod, conveyed snd confirmed und ty thse ‘resent does eran, bargain, sell, lien remise release, convey aad coi vo Grants and is ‘Successors and assigns forever, the parcel of land, with he bling ued improvements econ rected, stu, lying and being in pat widin the City of Richmond, Commonwealth of ‘Virgins, and in par within de County of Henrico, Virginia, end more particulary esrbed ca the attacked Exhibit A (he "Property" Subject however, to: (Real propery taxes and assessments subsequent to yea 2007 and thereater, 3 ©) Zeige teresa dss eg te Pepe, (©) Mater that would be disclosed by an acute survey, (© Basements rights of way, lniations condor, covenants, restictions and other aters of cord, 61873 DECI K4YS3PG0O17 TOGETHER wid all singular the tenements, hereditaments and appurtenances thereunto ‘belonging or in any way appertaining. ‘TOHAVE AND TO HOLD the same in fe simple forever, [AND Grantor hereby specially warants he eto the Propety and will defend he same gains the fl claims of any persons claiming by, trough or under Grantor but gait none ober IN WITNESS WHEREOF, Grantor as caused these pretets to be exteed the dey sd yea ie above writen. GLENWOOD ASSOCIATES OF RICHMOND, LLC, 2 Vigna ned Habiliycompany By: Sandown Cop, Virinia corporation, isang By. Nese bib Jor President stareor GA. > ‘The foregoing instrument was personally acknowledged before me in my aforesaid Jistction is 21 day of Deveber 2007, by Job D. Zed he President of Sandown Corp, 2 Virginia corporation, manager of Glenwcod Associates of Richmond, LLC, « Virgina inte nity company. Pans { ay Registration No: t (ates, ¥ My Commision Expires Wud Z Se Grantee's Adiress: ¢/0 anes adtewe: C/o Malhellond 141-07 Ore Astnut, dete, 567 ——— Whitest, 19 11357 2 RR EEE PEE eevee eee eCeeCeEeee go 8TH 0218 Cae whis3rc0018 PARCEL I: ALL that extin lt, piece or parce! of land wit improvements thereon sad sppurtenances thereunto belonging, ving part in the County of Henrico and partyin the City (of Richmond, Virginia, and bounded and described a follows: BEGINNING atthe point of intersection ofthe ester ight of way ine of Intestate Route No. (64 and the northem line of Fifield Avenue; thence N. i 30°50" W. 0.6 fet along the ‘ase right-of-way ine of Interstate Route No. 640 «pont thence contiouing slong och ine 1. 4° 31 W, 425.66 fet to point; thence costining slong such line N. 16°48 30° B. 7641 i {eet oa pia thence continuing along such line N.71* 46 20" W. 105.05 fel oa pia; hee {| continuing along such ine N, 36° 44 20° W. 328.02 fet o a pont thence S. 73°31 20" B, {942.70 fet to apoat onthe western ine of Cool Lane; thence in a ouberly direction along the ‘western line ax it carves on a curve to the Jef, such curve having 2 rads of 829.83 fe, Aistace of 245.44 fet oa pont thence continuing along the western line of Coal Lane $3" 14 58° E7022 fet wo a point hence 8. 18° 05° W. 94.82 fet to a point onthe neibern ie of Fririld Avenue; thence . 4°42" 10° W. along sich line of Fairfield Avenve 2509 fet to point; thencecootimang alog such line a curves lange cuve tothe leh such curve ving & ‘dius of 1033 feta distance of 203.18 feet tothe point snd place of beginning, PARCEL I ALL that ctsn parcel of land with inprovements thereon and sppureaances Aherto belonging, state ene inthe City of Richmond, Vita, on the eather Ene of Fairfield Avenue and the western property line of Creighton Roa, et of Intcrsate Rocte No. € 464, and north of «16 fot alley, containing 1.089 sees, and me patelaly desebed at foliows: BEGINNING atthe intertecton of the westem propeny line of Creighton Road, aa it rans ‘northerly and southery, and he southem propery line of Fifield Avenue, and fom sd poet of intenecton runing $. 11° 28 30" W. 12985 feet along te westem property lee of CCreighon Road tothe norhero line of 2 16 fot alley which divides this puree fom the subdivision known as Kane Gardens, Section C; thence N. 78° 31" 20" W. 15 et to point ‘hence running . 89° 51°05" W. 40186 fet to the easter pope ln of interstate Route Ne (64; thence runing N, 24° 31" W. 81.30 feat along the lst mevtoned line to the soulhcoy ropety line of Field Avene; thence runing along the last mentioned line the folowing ‘ours and distances ona curve fo the righ having a radius of 967.0 fet an ae stance of 159.26 fet oa pont, and N. 84" AZ 10° E.333.19 fet the point of began. PARCEL Mf: ALL that certain lot piece or parcel of land with improvements thereon and apparteances thereto belonging, Iying and being in the Counly of Hewtco, Virgins, and ‘Sounded and deserted a follows: BEGINNING at the point of intersection ofthe ester line of Cool Lane andthe Westen lin of '20 foo planting sip; thence ina northerly discon slong euch ester ine of Cool Lane at ‘curves, which curve has aad of 76983 fet» distance of 158.47 fost to poi thence 75° 31°20" E8461 fetta point onthe Wester ine of» 20 foot planting sips ence § 18° 1" 40" W, 15630 feet tthe poland plsce of beginning eh _ ec2ls axuusarcto LESS AND EXCEPT FROM SAID PARCELS that cetin property conveyed to the Commonwealth of Vigna by Moron M. Zedd and Seth Corporaion, pares Wading Faiield Development Company by deed dated January 5, 1965, rocnled in he Cle Office, ‘Creit Cour County of Henrico, Virgini, in Deed Book 1193, page 363 forthe constuction of Interstate Rost 64. [BEING a par of the same property conveyed to Morton M. Zedd, Sandown Corp. end Seth ‘Corporation, parmart trading a Glenwood Associates, a Virginia general partner by decd of partion fom Fairfield Development Company, dated April 2,197, recorded Apr 197, the Clek's Otice, Cicat Court, Couny of Heavco, Virginia, io Deed Book 1718, page Be, and recorded Apri 26, 1977 inthe Che's Ofc, Circuit Cour, Cty of Richmond, Ving, ‘Deed Book 720, page 646, By Amended Cerificate of Parmerihip Slt by Glenwood Astocines dated May 28, 1978, recorded Angus 9, 1976, inthe Cleis Offic, Circuit Coun of Hence County Vaginie ‘Deed Book 1153, page 951, the Certificate of Parership was amended to show te patience ‘Morton M. Zed and Sandown Cop, Sth Copration having withdrawn fom he putnehip ssofMay 28,1978. (Qn December 2, 1991, «Certificate of Limited Paneihp wat filed inthe State Corporation {Commission the Canmonvelth of Vigini, by Glenwood Ascites of Rshooes EF converting Glenwood Assocs, a Virginia general patoerhip to Glenwood Aussies of Richmond, LP, whereby Ginwood Associates of Richmond, LP. oecende ihe ovcatip ‘ofr intrest in real exate held by Glenwood Associsten A copy of sud Creat fs ocotek in he Clee Office, Cait Cour of Henrico County, Virginia Deel Book 2681, os S18, and inthe Clek's Office of the Circuit Court ofthe City of Richmood, Vigna at eatasest No, 9614132, (Gn November 8, 1994, Aries of Organization were ied nthe State Corporation Commission {ex the Commonweal of Virgins by Giawood Assos of ichnons LLC comvriog Glenwood Ascites of Richmond, LP. a Virginia limited parenhip, e Gleonsed Nereaes of Richmond, LILLC. whereby Glenwood Arrocistes of Richmond’ LLG meses ne, ownership of or interest in ral esate eld by Glenwood Associates of Rchmocd LP. Se Cerificate is recorded inthe Clerk's Oice ofthe Crouit Court of Hensca County, Vig i Deed Book 2563, page 2200, and inthe leks Office of the Cut Cout of the ig of ‘Richmond, Virginia in Deed Book 425, page 42, BEING FURTHER DESCRIBED AS FOLLOWS: PARCEL Atha certsin piece or parcel of land with ll improvements thereon and appurtenances ‘hereto, belongng ying and being inthe City of Richmond end County of Hewicn, Vargisis, 8 mor pasticalaly deserted a fllows: | ppiie76 mecale BKUGS3PCOOZO ‘Begining at aot ro atthe intersection ofthe nor line of Faire Avene and the aster line of atest Route 64; ‘Then, (I) ina northward ietion along the exer ln of eid Interstate 64, 'N.41°30'90" W. 0.66 fet oan old od, ‘Theses, 2) continning ina rothwardly dzecin along the eaten ine of sid Tntertate Route 64, N.3431°W. = 425.66 fe to found one ‘Thane, (@) cominuing in northward diction wy Ue eater ne Of nl ,N.1643°50"E.~ 7641 feet oan old od, ‘Thenes, 4) ina westward direction slog the eases ln of wi ntertate 6, 1.718460" W.~ 105,05 eto an of ro, ‘Thence (6) in northward direction along the easter in of eid Intrtte 64, 1N-36°48°20" W. -378.02 fet oan old rod, ‘Thence, (6) in an eastwardy direction, S. 733120" E,~942.70 feet to an oko (nthe western line of Cool Lane, the point of ure: ‘Theneg (7) ina southward direction along the western line of Cool Lane in acuve To the lef having a radius of 2983 fot, length of 245,44 fers, ‘A chord bearing ofS. 1474634" End chor distance of 244.35 Feetto molded; ‘Thence, (B continuing in a southward ection slong the western line of id (Coot Lane, S.23°1¢'58"E. 70.22 fet o anlvod, ‘Thence, (9) continuing in a southwardly creation, §. 18°05" W.~94 2 feet to ‘An old rod on the norte line of si Fairfield Avenue; ‘Thence, (10) ina westward ection long the nether ine ofa Fired ‘Avenue, 8. 84°4210" W.~ 250.92 feet found lone, the peat Ofearve, ‘Thene, (11) continuing na westvardy direction along the northern line of ad | afield Avene in acuve to the et havig a radius of 1039.0 feet, ‘A length of 203.18 fet, 2 chord bering ofS. 70424" W. and a | {Chord distance of 2024 fect to an old od the pont of begining. ‘Te herein desrbed parcel of land eontinng 7830 acres of land es shown ow ‘A plat of survey prepared by Steven B. Kent & Associate, PC, dated May 16,2007 i PARCEL IT All hat certain pice or parcel of land wit al impoverens thereon and Appureaances thereto, belonging, lying and being inthe City of ‘| Richmond, Virginia, a mote particularly desribed as fllowe Beginning at found stone atthe southwest comer of Fifield Avenue ‘An Creighton Road; 1 ‘Thence, (1) ina souhwardly ection long the westem line of Said Creighton Road, S.1°2830" W. = 129,85 fect. ‘Toan old cross eto the nortem ine of 16 foot alley ¢ P55877 OeCZ uly453960021 ‘Thence, (2) in a westward dieton slong the mater line of ld 16 foo ally, N. 7°31°30" W.-15.0 fet to an old ‘on the norte ie of sai 16 fot alley, ‘Thence, (3) continuing ina westward dieeton slong the northern Line of si 16 fect aley &, 8°S1'05" W.~ 401.86 ‘eet to an old od onthe exo Iie of lita 64; ‘Tene, (4) in anoctwardly dietion slog the estes line of sid Intestate 6,0. 34°31°00" W.~ 81.30 feta a found ‘Stone on the southern line of Faield Avene, he point Ofeurve, ‘Thence, () in an eastward rection slong the soutben line of ad Frrfield Avene ina curve othe right having a rads of ‘967.00 fet, length of 159.26 fet, a chore beting of 1, 60°01°23" Banda chord distance of 159.10 fection ound soos; ‘Thence (6 contnsng in an eastwardydecton slong the southern ne Of id Fused Avenue, N. 8240" 10"E, = 33319 feet ‘To. found sone af he souvent comer ofFaiield Avene ‘And Creighton Rou, the poit of begining ‘The herein described pace of and contin 1.059 aresof land a shown (On apt of survey prepared by Steven B. Kent & Assocs, PC, dated May 16,2007, PARCEL Mt All hat cetin piece or pre of land wit ll improvements thereon and all, ‘Appurtenances thereto, belonging, lying and being i the County of ‘eric, as more parca dserbed allows: ‘Begining at n old rod at he intersection ofthe eastern ine of Col Lane ‘And he western lve of 20 fot planting eu, the pont of cave, ‘Tene, (1) in norway dvection slog the sd exter ine ‘OF Cool Lane in ere othe ight having radi of 769.83 fx length of 158.47 fet, anda chord ‘ofN. 140509" W. anda chard tance of 158.23 fet to an old rod onthe ester lise of Cool Lang Thence, (2) in an eastardy dzetion,S.79°31'20" E8461 feet ‘oan old rod onthe western ine of ei 20 ot planting si ‘Thence (3) in southward direction log the western eof said 20 Foot planting stip, .18713'40" W. 13638 fet oan old od on the eae line of Cool Lan, the pot of Begming: ‘The herein deserbed pare of land contains 0.143 ace ln a shown (Qn a plat of survey prepared by Steven B. Kent & Ascites, PC, dated ‘May 16, 2007, =_— P6878 OEE Ce K4G53PG0022 RENT aaron C recoraeh RE chem SB ce oF altino oe Sua Oe: ey Tan sao as SSO tae ate BEVILL A, DEAN CLERK i RECORDED OY: so reese 0023 op NSPS - cm wep co i oar - ae Mi i a ene ay OME 4 Se a ea mc RASH, gE i SL ti AME veg Me” aL qn | Ree AR © emo ETE a ~ | i ied Fe e cx 90 as mom we {nf Buees wh si Aaah denial es i € e 4 wove’. at cme * RECORDED By: LB | Lo B00TOTO¢300 #221200 3600 PAL Commonwealth of Virginia Land Record instruments Gover Sheet -Form A SUR come Sst Aone 1287) Soseseor eterna SIOOMESH ANG aw etre (12217007 | fl a} tn ta L ee cry Couey ee a lone eeneeee om —— a eC 5 5a og oo (uC Rietmend OP IP 1 i t it it H rate Adenee ema) Tha Muon Group LLC (Gry. 26) [Viaetne 197 (967 conideaton( 15000000" jeaaangetl0.60 __|_ Assumption Baance (0.00 F & ‘ror Racoredt Chy C) cowry (een Coty Book td oat Part tnateaten no on)” enaasssr0 Forap hum freuetnen | ‘Shor ropryOarrpton {semanas i cuenta Adve re 1 teste) | cosine | wit ‘neta Prpared By [Cue of be Connors eceang Par By {Paty nalna ae rrance Company atom ecringTe Bena) {LagpSeange . (aasoee) [ty Nana Te surance Company taaaose 2} (730 Gen Fre rn, Se 03 erty Reed IVA e326 i | cove shat rage et TAB L (Plan of Development Certification Letter) TABM (Zoning Certification Letter) County or Henrico May 13, 2000, toe soraeae® ‘TO: Viginia Housing Development Authonty 601 South BeNdere Steet Riehmond, Veginia 25220 RE: ZONING CERTIFICATION Name of Development ‘Andover Place Avartments Name of OwneriApplcant: TMG Richmong V,LP Name of Sele/Current Owner: TMG Riswnend V-LB The sbove-eferenced OwneriAppicant has. asked this offce to complete this form Jeter regarding the zoning of the proposed Development (moe fuly described below). This ceticaton ndered solely for the purpose of confirming proper zoning forthe ste of the Development Its Understood that this letter wil be used by the Virginia Housing Devdopment Authotiy solely forthe ‘purpose of determining whether the Development qualfies for points evalable under VKDA's Qualified ‘Allocation Plan for housing tx eres. DEVELOPMENT DESCRIPTION: (To be provided by the Owner) Development Address: 2723-8 Fairiets Avenue, Rich Legal Description: See attached Extinit A Proposed improvements New Conseucton, _ Unis _#Bultings_Total Gross Foor Aven __ AdtveReuse Units _#Blings_ Total Gross Floor rea HL Renenitabon G2 Wnts 43. #ultings $0000 Toll Grose Foor Area Curent Zorn: R- Mul-Famiy Resident allwina a dens of 24.848 unis et aces. the following other applicable conditions. Zoning is proper only ithe property on which the developments or wil be locates complies wih existing ‘zoning requirements, provided, however, that if the zoning is not restental with an "R" designation, ‘ning wllnot be deemed tobe proper, unless the chat exeeuve oficer ofthe loclty cere. on behalf ‘of such locality, approves the request of the aboverreterenced Owner/plicant fo such locally at fe ‘zoning be deemed to be proper for the sole purpose of awarding poins under the Gualied Allocation Pian, notwithstanding that the zoning forthe property does not have an "R' designation Other Descriptive Information: The project is a 182-unt garden and townhouse syle mulfarly housing Project completed in 1967 and is situated on approximately 9.03% atres of real property located in Henrico County, Virginia and the City of Rcimona, Virginia The porton ofthe project located Inthe ‘County of Henrico includes 13 buicings, which contains 92 units and the potion ofthe project located In ‘the oty of Renmond consists of 100 unis lecated in 15 buldings. The owners rehabultaton plan cal for ‘conericton ofa 2,400 square foot playground and a sweeping rehabltation of both the exter profect ‘Ste and the interiors ofthe 192 unite PARKA AND HUNGARY SPRING ROADS / RO. BOX 89775/ HENRICO, VIRGINIA 2279 ZONING CERTIFICATION, Andover Pace Development, Page Two LOCAL CERTIFICATION: CCheck one ofthe followng as appropriate “The zoning for aroposed development descrbed above is proper and currently is an °R zoning fesignation or a special use permit has been ised. To the best of my knowledge, thee are presenty no zo volte cuir on is oper). No urhe zoning approvals acl spel use poms are requires. D__The development described above is an approved non-conforming use in an “R° zoning designation. To the best of my knowiedge, there are presently no zoning Violations outstanding on tis Prone Nis Rithar raqiemante rently apical tthe ste dexcred above There are no zoning requirements currently applicable tothe ste described above Fu nn R, Teseph Emepsen, It, Printed Name) Digector oF Plan ning Tide of Local Oficial or Gvi Engineer) 804-So/ -¥ 602 ‘Preney 5 fi2fo Dat} City of Rickmono ewe Cowan Demaraa Zon Bowes TO: Virginia Housing Development Authority 601 South Belvidere Street Richmond, Virginia 23220, ‘Awecion: Sim Chandler RE: ZONING CERTIFICATION Name of Development: Andover Place Apartments Name of Owner/Applicant: "TMG Richmond IV, LP [Name of Seller/Current Owner: “Glenwood Associates of Richmond, LLC. ‘The abovesteferenced Owner/Applicant has asked this office to complete this form leter ‘regarding the zoning of the proposed Development (mare fully decribed below), This certification is rendered solely forthe purpose of confirming proper zoning forthe site of the Development. It is understood that this Teter will be used by the Virginia Housing Development Authority solely forthe Purpose of determining whether the Development qualifies for pots available under VHDA's (Qualified Allocation Plan for housing tax credits DEVELOPMENT DESCRIPTION: Development Address: . 2723.3 Fairfield Avenue “Richmond, VA 23223 a Legal Destitio: ‘See Anuched Exhibit A SoS SEES ES ESES EEE EEE SESE BoE E> rs SEnEnn Onan GSESIEOSGSSSOEOSUAOIOOIn Proposed Improvements: (Should correspond with I.B & D and II.A ofthe spplication) (Cy New Construction: Units # Buildings ‘Total Gross Floor Area Fy Adeprive Reuse #Units ——— # Buildings Total Gross Floor Area Deh Renabittation: TOO # Units TS # Buildings “5OD00~ Total Goss Flor Area 900 East Buono Srascr, Roow 110+ RigamanD, VA 25219 © 804.648.6540 + Fax “Commarea 9 Boas A Brite sana Toen” 548.594 wn esuanosov.cow ‘ZONING CERTIFICATION, Page Two. (Current Zoning: _R-S3 (Multi-Family Resident) allowing @ density of 34,848 units per ace, and te following other applicable conditions Zoning is proper only ifthe proverty on which the development is of wil be located complies with existing zoning requirements; provided, however, that if the zoning is not residential with an “R” ‘designation, zoning will not be deemed to be prope, unless the chief executive officer ofthe locality cetitis, on behalf of such localiy, approves the request of the above-referenced Owner/Applicat 10 such locality thatthe zoning be deemed to be proper forthe sole purpose of awarding points under the Qualified Allocation Plan, notwihstanding tat the zoning for te property does not have an "R™ designation, Other Descriptive Information 1 192.unit garden and townhouse stle multi and is si roximately 9,031 4 ‘County, Viesinia {he City of Richmond, Virginia, The portion of the Project located inthe County of Henrico include 13 buildings which contain 92-unts and the portion of the Projected located in wie City of Richmond e 100 unit located in "The owner's an calls for construction of anew 2, foot cs ind and a sweeping rchabiliation of both ect sea ors ofthe 192 un LOCAL CERTIFICATION: ‘Check one ofthe following as appropriate: ©The zoning for the proposed development described above is proper and currently is an “R” zoning designation ora special use permit has Been issued. To the best of my knowledge, there are presently no zoning violations outstanding on this property. No further zoning approvals andlor special use permits ae required 11 Mhe development described above is an approved non-conforming use in an °R" zoning designation. To the best of my knowledge, there are presently no zoning violations oustanding ‘on this property. No furber zoning approvals andr special use permits are require. 1 There are no zoning requirements curreg Yo te site described above vidSon, Zoning Administrator Phone: __(804) 646-6353 Dae: May 11.2009 Exhibit “A” BEGINNING atthe point of intersection ofthe ester line of Cool Lane andthe Westem lin of & 20 foot planting stip; thence ina northerly direction along suc eastem line of Cool Lane a it ‘curves, which curve has a radius of 769.83 feta distance of 158.47 fet to a point; thence §. 73° 31°20" E8461 feet tom point onthe western lie of a 20 fot planting ep; thence S. 18° 13°40" ‘W. 13630 fet tothe point and place of beginning. LESS AND EXCEPT FROM SAID PARCELS that cenain property conveyed to. the ‘Commoewealth of Virginia by Morton M. Zedd and Seth Corporation, partners trading a Faitild Development Company by deed dated January 5, 1965, recorded in the Clerk's Ofc, Cire Cour, County of Henrico, Virginia, in Deed Book 1193, page 363 forthe construction of Interstate Route BEING a part of the same property conveyed to Morton M. Zedd, Sandown Corp. and Seth (Corporafon, partners trading as Glenwood Associates, a Viginia general partnership, by deed of Parton from Fairfield Development Company, dated April 2, 1977, recatded April 22,1977, in the Cles Office, Ccuit Cour, County of Henrico, Virgina, in Deed Book 1718, page 826, and recorded April 26,1977, inthe Clerk's Office, Circuit Cour, City of Richmond, Virginia in Deed Book 72, page 646, By Amaded Certificate of Parteship fled by Glenwood Associates dated May 28, 1978, ‘recorded August 9, 1978, inthe Clerk's Office, Circuit Court of Henrico County, Virginia, in Deed ‘Book 1753, page 991 the Cerificate of Patership was amended to show the prters as Morton M. Zed and Sandown Corp, Seth Corporation having withdrawn fiom the partnership as of May 28,1978. On Decenber 2, 1991, a Cetfiate of Limited Partnership was filed in the State Corporation (Commission forthe Commonwealth of Virgina, by Glenwood Associates of Richmond, LP, ‘converting Glenwood Associates, 2 Virginia general parmerthip to Glenwood Associates of Richmoni, LP, whereby Glenwood Associates of Richmond, L,P. succeeded tothe ownership of ‘or interes in rel estate eld by Glenwood Associates. A copy of said Certificate is recorded inthe Clerk's Office, Cireuit Court of Henrico County, Vins, in Deed Book 2661, page 318, and nthe (Getk’s Office ofthe Circuit Court ofthe City of Richmond, Virginia, as Instrument No, 96-14132. ‘On Novenber 8, 1994, Articles of Organization were filed inthe State Corpraton Commission for the Commonwealth of Virginia by Glenwood Associates of Richmond, LIC. converting Gleawood Associates of Richmond, LP, a Virginia limited partnership, to Glenwood Associates of ‘Richmond, LLC. whereby Glenwood Associates of Richmond, LLC. succeeded to the ownership of or intrest in real estate held by Glenwood Associates of Richmond, LP. Said Certificate it recorded in the Clerk's Office of the Circuit Cour of Henrico County, Virginia, in Deed Book 2563, ‘page 220, and inthe Clek's Ofice ofthe Circuit Court of the City of Richmond, Virginia, in Deed Book 425 page 42, BEING FURTHER DESCRIBED AS FOLLOWS: PARCEL All that certain piece or parcel of land with all improvements thereon and appurtenances ‘Thereto, belonging, ying and being in the City of Richmond and County of Henrico, ‘Virginia s more paiculrl described as follows: Beginning at old rod atthe intersection ofthe north ine of Fairfield Avenue and the “Easter ine of Interstate Rout 64; ‘Thence, (1) in northward direction along the easter in of uid Interstate 64, 1N-41°30'50" W, ~066 feet to an old od, ‘Thence, (2) conning ina nortwardly direction slong the easter ine of aid Tnerstate Route 64, N.3431'W. 425.6 fee toa found stone; ‘Thence, (3) contig in a northward direction along the eater line of sid Interstate 64, N. 1643°50"E.~ 76.4 fet oan old rod; ‘Thence, (4) ina westwadly direction along the ease line of sid Interstar 64, 1N.71%46'20" W. ~ 105.0 fet oan old rod, Thence, (5) na nocthwardly direction along the ease line of sid Interstae 64, 1N.36°44"20" W, ~ 328.02 fet oan old rod; ‘Thence, (6) inan eastward direction, S. 73°20" E.— 942.70 feet oan ld vod ‘On the westem line of Cool Lane, the point of eure; ‘Thence, (7) ina souhwardly direction along the weste line of Cool Lan in curve ‘Tthe left baving a radius of $29.83 fet, length of 245.4 fee, ‘Achord bearing ofS. 14°46'34" E. ands chord distance of 24455 Feet toan old rod; ‘Thence, (8) conning in a southward direction slong the westem line of said (Cant Lan, 8.231458", ~ 70.22 fet oan old rod, ‘Thence, (9) cootinuing im a southwardlydiection, 8, 18°05" W. 94.82 feetto ‘Anold rd onthe northern ie of sud Fifield Avenue; ‘Thence, (10)ina westward direction slog the norte line of sid Fairfield Avenue, S. 844210" W. -250,9 fet oa found stone, th point Ofer; ‘Thence, (11) continuing in a westward direction slong the northern ine of aid Farfield Avenue ina curve tothe left having a radius of 1033.0 feet, A length of 203.18 fee, a chord bearing ofS. 70424” W. anda (Chor distance of 202.84 fet oan old ro, the pont of begining. ‘The herein desesbed parcel of land containing 7£30 acres of land a shown cn ‘A plat of survey prepared by Steven B. Kent & Associates, PC, dated May 16,2007 PARCELT All that ceri ese or paret of land wit al improvements theron and Appartenances thereto, belonging, ying and being inthe City of ‘Richmond, Vtg as more particularly described as follows Beginning at found stone atte southwest comer of Fairfield Avenue ‘And Creighton Road, Thence, (1) in southward direction along the westem lise of ‘Said Creighton Road, S.11°28°30" W. ~ 129.85 feet ‘Toan old erss cut onthe nrthem line of 16 foot Alley; ‘Thence, 2) Ina Weswardly direction slong the nother ine of std 16 fot alley, N. 7831°30" W.— 15.00 feet oan old ‘on the northem line of si 16 foot alley, Thence, (3) continuing ina westward dzetion along the orthern Line of sid 16 foot alleys. 8951°05" W. - 401.86, Feet oan old rod on the caster line of Intestat 6; ‘Thence, (4) na northward direction along the easter line of said Interstate 64, N.3431°00" W,~ 8130 fet oa found ‘Stone on the southern line of Fairfield Avenue, te point Ofeurve; ‘Thence, (5)in an eastwardly direction along the southera line of id Fairfield Avenue in a curve to the right having aradius of ‘967.00 fet, length of 159.26 feta chord besing of 1N.$0°01°23"E and a chord distance of 159.10 fet to a Found ston; ‘Tene, (6 continuing in an eastwardly dzetion along the southern ine Of sid Faisfield Avenue, N 84°42°10" E.~ 33319 feet ‘Tos found sone at the southwest comer of Fuirfeld Avenue ‘And Creighton Road, the pin of beginning. ‘Toe herein described parcel of land contin 1.059 aces of lindas shown (On plat of survey prepared by Steven B. Kent & Associates, PC, dated May 16,2007 PARCEL Il ‘All hat certain piece or pares! of land wit ll improvement thereon and ‘Appurtenances thereto, belonging, ying and being in the County of enrico, as more particularly described a follows: Beginning at an old rod at the intersection ofthe easter line of Cool Lane ‘And the westem line of 20 fot planting strip, the point of exve; ‘pence, (1) ina northwardly direction slong the said eater ine (OF Cool Lane ina curve tothe right having a rads of 769.83 feet, a length of 158.47 fet, and chord bearing of, 140502" W. anda chord distance of 15822 feet {oan old rod onthe easter ine of Cool Lane; ‘Thence, 2) nan eastwardly direction, S, 73°20" E.— 8461 feet "oan ol rod on the western ine of Sid 20 oot panting stip: ‘Thence (3) na southwardly direction along the western line of eid 20 Foot plating stp, . 1813°40" W, ~ 136.30 fect oan old Rod onthe eastem line of Cool Lane, the point of beginning. “The herein deseribed parcel of land contain 0.142 sere of land as shown ‘On plat of survey prepared by Steven B. Kent & Associates, PC, dated ‘May 16,2007 TABN (Copies of 8609’s To Certify Developer Experience) . mon gnome = - ‘eran (ees <= Ta oui . a +e font ‘Annual Statement com tent dussnice naman yp 2° Seana sree om TUT eo ov aaow teat? El vr Jun erner er romce mas eg ey a8 apd on ay a ee eden escent? 1 Mates decane ie tests toe sow tig batyee? Eo]vee na ene lea. 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Ow Re 2 Sctmcwnenuo ni mye cn ON orca 20 we Extatinmstaresnecieincgipemesen) Cl me PX oe DO manvco etre oe cr A Ose 8 Beton eee en Ma oon ‘aes ay ao ah apd gaan Apc oo NTS AAT co Settoyrongn enc oven cmt ° , Sina ate »_— RoyeesA: Malhol » 2004 | Low-Income Housing Credit Allocation Certification mst] hie catis San C) trae 1 Astor (cua? 0 to fons) | 8 Needs hog satay 1 Ricnmond Ya 23220-4804 © Nave tan TH ing wr maegaanaen [DE tae bw ony tutestone, a 3S a Rasaneusencasiar Ty mom rnose0o0% ‘ Ganctatatin > STR D Woirunboangonsiaiamoniaieam [me [9178 2 Maina sel on prone sontle 3 adr aes elit tn amp fie nce cet tb {ett be provagoviy e e wainzas en ra 1D pista koteba Osetty (602, RINGO Zr Wina 09 1 son 296)0) ng ct eps 4 Pecans te sae ney aoe.) ra Ew Daten pd ene. » wairee SED {Chen ete he tan re bul eck tt 1 Cy Neca aly seb Cf Noy erence dato iced ¢ Eg ug {1 CS lean eee ery naan, = Cle: | ase ners at ey aid 1 Owu reson Alen es see aden nae Sigur of Auton Hovlng Cad Agency OM ~ Copia by Houg rat Agr Cay ‘ie psec, atest na cmp hb moar loan te aa RoC ‘rah erin stm toe pee noc ba, eon sa com coe > EE Ja t, , nonacacuso orricen 5 -/3 OB eo Tem nani tar (ESI oor craton — comping nme wh rape fen Vow ita Gai Poied Elpida ae (tn) 8g quent ly eo rt 1 yu mata bn pte uti tly peo papss tne Sitcom Nocacrbx is hes yout ta gale sce 87 Foca ts ve ang ay es wens ne be, ou Sot leas igen tab apepaonin ca leanne evo CI? 10 Gecko spopainbox ech aes Cn Cent ay sso cite 1 Betotpe cet pdt tye set ae pd ne tin 2) 1 Becottnaiag pros rtp ace). o O te Scien wicinemsetecailinemncin C26) Hee Searcy en ro sawed ten ve o oo # oo o ze ‘area. eb byes ly at adie ay POR re RT (Cero tw ued tom tow yo a ayo coon esse — Ta TT TABQ @ocumentation of Rental Assistance) COUNTY OF HENRICO DEPARTMENT OF FINANCE. REAL ESTATE ASSESSMENT DIVISION brary 8, 2008 Me Royce A Matias ‘TG Reker V LP 16.0720" areas, Suite S07 ‘Waieson, New York 5227 ear Me Maboted, Wehave rceve your aplation fr part rel eat tx eneptin fr rehabilitated Mi Fay prope, The rope Tost at 22 Fauld Aven tex pr 802-725-550, commonly know athe 92 wl fhe Anoves Pace Apres eed Intenico Cay Accecing 0 our ectd Se ropery conte pony 76540 square fo blige, ‘Based nan ste espetion ofthe reper and giving ue coneraon ote ax anexment of he inprovenet nthe rope, ie val fe th bing rey exablshed a 1,173,300, Ts ae vale wibuabe excuse o improvement and det tine a ld vale Tos vale sal serve oa as for eersing whee the elton ner ie reed valves ‘he improves by ates 0 percent argue purl wx upton -Allrebabtaro nd enon must be eompated ret yes fem he dt te src bse vale enable. Ihe ‘etaanon bs atime he abe ls ote ete a leet 5 percent or pee, spin ay ei prio ‘heeprton date nd neve base abetted, Inpo een howe sal ee be ae have don plone ‘eon hit! epson on ay secre. Under to reste sal any pew bse ase ea than eigen ae, ‘You may, pr to November of ny cnr yearn wih he rebbilaion i nderny, sbi writen regu oft lespecthe repro detemie i quails or exemption I eerie the easton ar eid et 50 pret increas asso vate x explo shal become ete begining nmr 1 ofthe fallowig yet nd you wil be ited 8 ‘ela memansum for te dirence ne corputed spn ae vase tn te ceed ated ve resin Sn be ‘habia rs evenyeer period. Adina reir aesed aoe Ging sobenqvet ye be een Je peed Sal be lighiefr pati to le Should youbue any qusians, ae conte me a 01-499. Siocee, [ut Wi. Bil Leonard I, CAB, SRA (Cones Aeial Superviscr ce; ein. Vitootar— Direct of Fiance Sim Davis, CAE Dect, hel Ente Assess Divs TABR ‘Wocumentation of Operating Budget) Lo-taco 12 Tax Credit Applic eid Ea SMe ot aay For Reservation tt Open Ee DL Tal Bt Sm Ta op Ba SL aE 2009 Page 16 TABS Documentation of Project Budget) Low-Income Housing Tax Credit Application For Reservation yn. _PRosecr BuDGET. ‘Con asinine Allowabe Credit Complete cost column and basi columns) s appropiate through AI2. Check ifthe following documentation Is atached at TAB 1D Executed Construction Conract 1D Executed Trade Payment Breakdown 1 Appraeal 1B Other Cost Documentation 1D Environmental Stdies [NOTE Atcmey must apne, aang oer Tings, oslo caches ofthe Felulon of each coat Hem i ogi] basis, ype of ret anc numeical alton ois Pst Vl (yoo TESTOR TON TEE gle Base-Un Appel Cobuit) Ts Fess Vaos Cl Drawiten | Ota bono of imrovenens Sie Wore ther Comaniy Spaces Uni ses er) Unt Sets Raa) ‘Aessory Bung) Commer Spice Cos Sto A: Gam 1A.) General Reiners ules Oven ( 3396 cone Boles Pro (8% cone Boning Fe Sabot (Sum K.P) eso 2 zrptesonmsoEe [ OT LUMI ass le Bling Permit ‘Ares gi Desi Fee (Sutin ©. Fe. Spevisn Fee (arta Tipe Sa Bogs | 2009 18 Z ‘ua af Con op Tenia HigleBss-UseAgpleale ColmaG) “TO Pre Va Ci D) bee coon Writes ‘Oke 70% Prset ovconion | Vane Gest Over Con Cate F. Contention o « o ° ‘Orion Fee 6. Canstucontnert 195000 « 193 o (0% far 0 ones) 1H. Tae Dig Cnssten 3950 « 0 1 teense Ding Como 1600 | a a 1 Com Ceriiston Foe 0 a a K.Tilesed Reading 73.000 | a 2 Lag fee fe Chan oo. | % a 1M Permanent Lo ee a 2 00%) 1. Ot Pemaren Lam Fees ° ° « ° . Cit East a @ a o . Morasge Biker 2 o a a 1 Exveoanet Sy 5300 | 00 a 2 .SeommraMetail Siy T2090 a 7am a April Fee 7000 | a 7008 a Met Sly 300 o 3a 3 U, Opentag Ree S500 a a a ¥. Tecra Fe “ioe @ a 3 W.OTHER Tse aw Sar a (SEEPAGEI90) stb Su 2.29) 2234286 33200 sisi so Sabin +2 sso14sos 33200 191307 es (woe + Cont Cons) 3: Developers Fe Lett ® 1411798 ° 4 Opners Acquistion Coss Led ssia10 Exiting tngrovenenss 8,60 420810 Sool son 139890 ‘Toa Desopment Cons Sel 24 s1476603 31,390 soa0ssis ‘this appatn eka ea credit oly, in which hee ne aquiton nd ne change in owner eter he gener of sppenned valacor tar anenment vl here so ‘Land (Astach documentation at Tab K) 3, Baiting 2009 Page 19 “oat af Cn a TAS ace ige Base Use Apples Cols) is Peet Va Ces” co ences rain Onan “70% Present nevcomcsn | Vas Gd W-OTHER OWNER COSTS Coningeey Rene 239,000 29) (Reba or Ape Rese ol) LUST ADDITIONAL TEMS. « « mney zy EI 3 a < 3 a a a Tait es @ a 7 a a ‘Temata pe 00 | a @ . = a SATO zat @ a 7 6 @ | Raeroy, a 2 = @ 2 6 a 2 a 0 2 @ Suto (Other Overs) yan 6700 ES 2009 Page 19A, LONG EXTERE TAB T (Wocumentation of Financing Sources) ses aE Eee ee eee eee ‘BOND PLACEMENT AGREEMENT mong, ‘RICHMOND REDEVELOPMENT AND HOUSING AUTHORITY ‘TMG RICHMOND 1,17, ind J.P. MORGAN SECURITIES INC, Dated December 18, 2007 Relating to: $8,200,000 Richmond Redeveloptnentand Housing Multifamily Housing Reveoue Bonds (Andover PlaceApartnents) Series. 2007 —— ‘BOND PLACEMENT AGREEMENT ‘This Boot Placement Agrertet (the “Bond Placement Agreement”) ade id ‘entre ints on the 18° day of December, 2007, anong Richmond Redevelopment ent Housing ‘Author, a plial subdivision of ts Comussjalth of Virgie (together wi ta Saneaes sd assigns the “Tnsuer”, TMG Richinond IV, LP, limted partnership duly orpaized tat validly exiting under he lava ofthe Sate of Delaware (gchar with is penned weer. nd askgas the “Borrower” and P, Morgan Secures Int, a planctientngeat (he “Placement Agent”). WHEREAS, the ltuer has aged to sevednd soll ite Mulfaily Housing Revere Bond (Andover Place Apartinents) Seirs 2007, in the agarepate principal amount of $8,200,000 ((he "Bonds" pursuant to 8 Trust Indenture ated at of December 1, 2007 (te “Lndenture"S by ‘nd betwees the Isuer nd Deutsche Bank National Trst Company, as trustee (ie “Teuste") to provide finds to pay a portion ofthe costs ofthe acquis, rebiftation and equipping oe ‘multifamily renal housing development to be footed inthe City of Richmond, Vga abd i ‘he County of Hensea, Virginia (the “Peojee”)andto pay. potion of the cass a issuane-and other cost in connection therewith cd WHEREAS, the Bastyr desires tht the Placement Agent provide « mechanien fie inially pli the Bonds sosoding tothe tems and subject tothe conditions desebed i the Indenture ard herein, NOW, THEREFORS, ford in consideration af the covenants hecein made, and sujet to te conditions herein se Toth, the partie Rereagree a follows: 1. Definitions. AM eaitalized teeme ust defied hen hil ve the ana caning herein as in he Indenture or the Loan Agreement unless afeent meaning cleary appears ‘eu the context, The Tllowing woeds and etme thal hae the following meanings, respectively: “Lom Agreement” means the Loan Agreement dated ay of December 1, 2(07, among, ‘the Lue, the Trustee andthe Burzbiee “Note” means the promissory notof Ye Homower made payable tothe Issuer endorsed ‘bythe Isserto the Taste, deivesed by ts Borrower pursuant the Loan Agresneat, “Reaslutton” means the resofution adopted by the iver an November 19,2007. “Regulatory Agreement” mean the Regulatory end-Land Use Restriction Agreement ated a8 of December 1, 2007, araong the Barro, ie Seter end the Trustee. 2 (a) _Subjct tothe tonns and condons herein contained, the Boerowerand the Issuer hereby appost the Placemebt Agen, ahd the PlacenmctAgect bershy accepts such sppiatmcah, ‘as intial exchsive placement gent in‘connection with the intial offer ar sale ofthe Bonds, all ab more filly provided bern. ©) Proim nd afer th até Hereof in consesion with tho inal ofeing able of ‘he. Bonds, de Placement Agent, shall s0 long as uy event which would consinta an “Event of fant” under the Indemure has oeturred and is continuing, ws it best effors fost purchasso ofall Bondsan the beneficial interests'in dhe Bonds by sophisicated investors hat ‘cxstomarily purchase! cain denominstionraf'$100,000 or mare ata pice of 100% of the principal amousttheref ox the date of issuance ofthe Bonds (the “Closing Duto™). ‘fod when the Honds have been placed by the Placement Agent, the Phccroeat Agent shall give ‘elephonitnotibe (such totce to be prot confirmed in wating) trhe Truszo specifying of confirming the names addresses and taxpayer idetification numbers ofthe pain fae ‘he prineipeluiGunt and denominations of such Bonds placed by t pursuant to this Setion 20) (© ‘The Placement Ageit shall dcet the initial porehtsers by appropiteistrctons to pay moneys for the purchase price of such Bonds tothe Triste in Federal or othe lnnmediately available fonds ator before {1:00 A.M, New York City me, dn the Closing Daw, {ono event wil the Placement Agent be ltbe-for th failure of eny uch pursuers provide s0ch find on the Closing Date; andthe Borrower shall be responsible for any expensea, counection with such failed purchase in accordance with the provisions of Section 8 of his Bond Placement Agreement, 3. Eumishing of Offtring Materials. The Borrower ratifies, ad const tthe tt by the Placement Agent of ie Private Placement Memorandum dated December 18, 2007 (ibe “Private Plactment Msoigrandum’), i connection with te offering ofthe Bonds pio tote, Aateescot, The Borer suthrizes and approves the Private Platment Metrum and consents othe use by fhe Placement Agent ofthe Private Placement Memorendim. ‘Notwahstandig anything inthis Bond Placement Agreement to the eocrary, te Issuer ha tot ‘viewed, and makes.no representation regarding the Private Placement Memonndar, wit te ‘exception of the information contained under the caption “The Laer” end ™No litigation = Issuer” The Botzowersres to fish the Placement Agent, athe Honower's expense, withas smany copies asthe Placement Ageatmuay reasonably coquest of the Pia Paceent Mesioraadur in ooasetion wih hx ssuace of oe Bonds and any-aubeegent cocking of the sania ern provided und ball the Borowe's expense, and oe spaemet the Private Phcement Memoranda (ndor th docamentsincorporsed by eeenc ete) BD that tall ins the Private Placaneat Menoanum wil ot contain ary ante Safeet Of ‘ae fct rom fo tate’ material fect necessary to make the sateent thei, ithe ight ofthe cicumsstances wade which they were made, not misleading. The Borwer shal ake sack sotion at may be nets to qualify the Bon fr offer and sale under the seories or “ce sty" lw of such jursicon a the Hacement Agent may rasoabl request Consetoa ‘ith bo inal of nds ofthe Bonds and comply wih such aw 3 8 pet he continues of alan dealings teen; provided that in connection herewith he Datowed shal ot Borequredf9 quality at a foreign corporation oto ile general conseatto seeico at process in any Jurisitlon rt ine any expense o Tblity a conneetion wih any sb ‘onsao srvito af process of quien asa foreign corportion, The Bomewer agrecein ‘connection wit hentia plcement ofthe Bonds, at ov expense, to fovide te Pein ‘Agent (nd ty person desimicd hy te Placement Agen in conection ith teat Pasemet ofthe Bond) wit () sich faancil and other information rain to he Borower a8 3 ‘te Placémint Agent reasooably requésts (subject to appropree confidentiality areemeol) aad (i)accessto the booksand records ofthe Borrower. Infurheratee ofthe precedi ‘he Plamen. Agent stall, upon prior equest, have the rel dung regular business ouwand -asoften.as may be ressombly requested to discuss thea frances end eceagats Bets ‘Bosra with, and tv be advised ast the sare by, its partnets ents xising and por independeatpoblic accountants (and by this provision the Borbwer aithorizay skid ecoSusbants to discuss with dhe Placement Agent the afr, finances and aecount of the Borrowe). G2) _ the ine represtntitions and warranties ap se ith by HIN than ~Agrecment, which representations and warranties, es well the related dofined term commaed therein, ae eteby incorporate een by eferencn fo the nett ofthe Placement Agent end the lamer with the same effect as ifeach and every such representation tnd waranty and defined ‘erm were set forth herein in its entirety. No amendment to auch representations and werse, ‘or defined terms made pursuant tothe Loan Agreement shal be effective to tend fuch ‘epresemtation and warrantics and defined tens as inoepomted by reference herein witht the Por writen conseit ofthe Placement Agent and Issuer, ©) tere sno aeton, ui, proceeding, ing érinvetation tle qi, of ‘befor or by any cour, public bond or body or ter govemmesia auto, peaalng 05 foe ‘est knowledge and ofthe Bower, treated sai ot tecting ths Bere, ‘witein a wfivorable decision, ruling o iading could mately adversely affect the badess ‘¢ Shancal condition ofthe Borrower of could adversely ae ti itacices contend by {his Bond Placement Agreement or the Pevate Plcemiet Memon, which any Sanur ‘elses any question concerning the legality, validity or enforeeblty ofthis Bond Planet ‘Agron, the Bonds the Indenture, the Loan Agreemet othe Regaliory Agreement 2 © the best knowledge and belie of he Bomower ihre ey besa the, (sho Private Placemect Memorandum is sof to dite hero and wit boas of ie {Closing Date, tron and correct in all material espects, snl he Pavate Pavement Memoria ‘es nats ofthe date beret and will not as ofthe Claslag Date omit ay mari fet ‘ocenaary in order to make the tatedsetts made tert, inthe light f tha circumstances dé which they were made, not misleading (except for information appearing under ie eapions "The smuer,” “The Banas ~ Book-Eniry Only System," "Tax Mates" "No Litton Issuer” aad ‘Appendic A- “Form of Bond Counsel Opinion”, (®) the Borower’s representations and veranies contained inthe Tex Agreement se trusand comet on and as of he date hereaf and ae eteby madeto the Placemest get of) sand a5 ofthe dato hereof as if st forth herein at length; (0) the Borrawer will not take or omit to ke ay ation, fr tet ox behalf the Issuer, which aon or omission might in any way esl a theless oftiexchusion ofiatest ‘the Bonds foi grots income for Federal income tex purposrs, (8 say cenifivat signet by the geneal parte af ht Borrower and delivered the Placement Aget shall be deemed stepresentation ad warty by the Borrower tothe Placement Agert ast be statement ede thee and (s) _ uomembes ofthe Board ofthe lense not any oficial agent oc employee thecot ‘isn sor her cw name ori the name of nominee, an afer or holder ofan Gwmerstip inteestof more than 7-129 inthe Barroter, the general or lind partners of the Bowron ot the sole shareholder ofthe general papiee of te Borower, S._Remreeattions, Warintet ser. By the Issuer's aeeptance hereof, te esur hereby ane warans fo, and agrees with the Placement Agen: tat as ofthe date of acceptance af hs Bond Placement Agreement: (a _ lseris duly consdnléd an xing piel baie ofthe Coumaawests of Vipin ad athrind bythe provision of Housing Aubores Lew, Tite 36, Chper 1, ty fhe Code of Vigna of 1950, agameaded (is "ACP to sue ore ot more series of evenne bods and wo lout rocsta hereof for esistance is pleming, development, eqs, constuedon epi, cheba, equpaingorttinenance of ‘eset or oer bulligs, (©) __ tothe knowiotge ofthe undersigned representatives ofthe Issuer, there sre no ‘ctons, sits, proceedings, inquces or investigations pending or heatened agains the Issuer in any court or bere any goverment authority or abtraton board ortibunal which would. ‘ateilly and adversely affect the validity ar enfycesility ofthe Hoos, the Resolution, the Indenture, this Bond Placement Agreemeat se the Loni Apfeetient or te pecormance by the Issuer of is obignsons hereunder ar thereunder, (©__ the Bonds ar ops, valid and binding spel, limite obligations ofthe Issuer ‘except as enforeeabiity maybe liited by epplivable bankeupty,isaivency, moratorium, organization or other laws affesing the enforexent af reins rghts, generally and gederal Drineiples of equty. The issuance snd slo ofthe Bonds end the execution ant delivery bythe ‘sour of the Indenture, the Band Placement Agresment, the Loan Agreement, snd the ep Aare the psn li ef pcos ede ‘thereunder () are within the purposes, power and authority of the fsucy,().comply withthe Act ‘and ins of te Commonweal and (i) ne bern duly guhorized by all neseasay action on the ‘astof the Issver. The Bonds do notand will sot constitute & debt of the Inser, the (Commonwealth of Virginia or any political subdivision thereof ors Jas af eet thereof within ‘the meaning of ary constitutional or stautay provision onion, not skal the Bonds constiute or giverise to a pecuniary Lihily af the Issuer; (®) the Board ofthe Issuer has apvoved the Ressltion andthe Resolution has not ‘beta amended, modified or rescinded and isin fll fren andeffectas ofthe date hereof, ©, Rite knowlege of tis undersigned representatives ofthe Iver, the Issuer has not pledged and wil not pledge or gran ey security interest in fate ito or under the ‘Loan Agreement andthe payments made thereunder, oF te revenes fo be derved by the guer ‘hereunder for eny purpose otber then to Seee'the Bonds, (9 __ the information in the Piatt Placement Memorandum lang to the ner ‘ner ibe captions “The ewer” nd“ Lingution ever,” toe ad caret tad Ge) _ tthe knowledge ofthe undersigned represectives ofthe ssuer-all ons, consents, ad approvals of any goveramentaltody required i connection with the exeution and delivery by the lauerof, rin eamnestion with te loser oft obligations Under the Indeatie, the Lom Agreemets th Boods end the Bod Placerent Agreement Mave bean obtained andar infil ne and effet, or willbe ubuied rir to the Closing Dato wa ‘ile fil free and fet wo the Clorog Date, 6. _Zimlitions to lactoeat Aint OMinations. The obligations ofthe Pacemit ‘Ages under this Band Placement Agreemmithave beer underaken in reliance on a tll be subjetto, the due perforce bythe Issuer al the Bortower of thei obligations aid agreements tbe performed hereunder and io the accuracy of end compliance with heir ‘espective repetentatins, watranties,cbvenant and agreements onained herein. The obligations ofthe Paesment Agent hereuer areal aubject, nthe discretion ofthe Pacem Agent, tothe following further conditions: ator prior to the Closing Dat, te Indenture shall have been exeeutd and delivered by the Isoer and the Tse, the Loan Agreement and the Regulatry shall ack have ‘been executed and delivered by the Issuer, the Trustee md the Borrower, (@)_ the Indeatue, the Loan Aygetment andthe Reguletory Agréement shall bea fill force and effect and shall nat have ben amended, modified or upplemented in any way canary to the provisions ofthe indentre and there sal be i fll Force ed effet such adit ‘pee nm eligi Rocce ‘may be quired by segilatins ofthe Itecal Revenae Servicen.aner to establish the axe exempt character of intexext ox the Bonds) and opinions ax shall be necessary toffee the ‘mensctions contemplated by this Bond Flacement Agreoment, whic resolutions, agreement, sentfcates and opinions, a the request ofthe Plasement Agent shal be eastnablysuisfactery in form and substance tothe Placement Agent and tots couse Gi, _there sbi ve boon no materi verse change, in the reasqnable apion af tbe ‘lecoment Agent, in the eondiion,fiantul oF otherwise, of the Borrower, meal 15 the transactions contemplated by the Privete Placement Memorandin or this Bond Placement ‘Agreement and no Event of Default (4s such erm it define inthe Indenture) shal eve ured and be continuing and no event shall have occured ard be canting whic, wit the passage of time or giving of notice er bath, wool cattle puch an Evant of Det Sa Gv) the Bonds, in the resgonibe opinion of cpanel tthe Patent Agent shal be xenp fom registration pursuant ta the ecurtes Act of 1993, as amended, and, Inch counsel's opinioa the Indenture shall be exemp from qualifcain as an indentoe parsuitta the Trust Indenture Act of 1939, a amended. Inaddtion to the condi: Ave, he obligations of the Placement Ageit Dereunder with respect t the inital ofthe Bond are alsa subject othe stsecton oF the following conditions precedent: ()__-Represenvations and Warranties. The represents sn warranties ofthe ‘Borrower in this Bond Pliceméot Agreement shall be tue ad aoouaty the covenant to be performed as of the dato hereof shal have been aise in all material respecte; and no event default shall exist under tne terms ofthe Indenture othe Loan Agreement, nor shall any event hhave occurred and be continuing which withthe Inge of ne or giving of notiee, or bat, would cobatitute an event of deftult under this Bond Placement Agreemest, the indenters the Lath Agreement; ()___Markeeabitty, The marketability ofthe Bods oe thir market pric mist nt be, in the commercially reasnable opinion of the Placement Ageot, materially adversty-affeted by (1) an amendment to or proposal o amend the Act ofthe Commonwealth Virginia or any Bederal f Commonwealth of Virginie legislation or propased legislation or any decision of ty ‘Rederal or site cour or any ruling or regulation (Ena, temporgy or proposed). official safement on behalf ofthe United States Treesury Department, ie [xternel Ravenve Service-ot ‘ther Federal authority orauthoity of te Commoaweth of Virginie affecting the tax statis of ‘bonds or notes ofthe Issue (inelading the Bonds) or the interest on any ats bonds or nates, @) an ontbreak ov escalation ofostilites or other calanity a ees, (3) «pene suspersion of ‘or material imitation on tading’on the New York Stock Exchange or other national securities ‘exchange, th establishment of minimam prices on such exchange othe declination of general banking moratorium by the euthorties ofthe United Stato, the Commonweal of Virginia or the State of New York, (6 downgrading or withdraval bya national etl service ofa rating ‘on the Bons ar any clas of seturtiet ofthe Bortover, or wh atnadnatmnt by such x acrtice ‘that tis considering such a downgrading or withdrawal, (5)aa amendment or supplement tie Private Picement Memorandums or (6 the establishment of any Hew ectietiohstn tansactens ‘on securities materially afecting the ite macket for securities Gachuding the imposition of any limitations oh interest rate) or the extension of credit by, dre serge tothe et capita ‘requirements of underwriters established bythe New Yotk Stock Exeluaige or othe ation securities exchaige, the Securities tnd Exchange Commission, any other Fedral or sae agency ‘or the United Stes Congres, or by Bkecutive Onder, (©) Detiveris to the Placement Agent. By the Closing Dato, tho Placement Ageat ‘must eerie the following documents, each satistictory in form and subetae tothe Paceent ‘Agent and ts comnse: (1) executed esutespmts of the Indenture, the Loan Agreement and the Regulory Agree, @) —mexeented copy ofthe Private Placement Memorandum, @ specimen Bonds ()—aspecimen Nowe, (©) _ scented copy ofthe Resolution, together witha catficate dated the Closing Date an vigned by an authocized officer ofthe Tsuer othe effet hat (A) each ofthe representations and worries ofthe fue ot frre nite ete a the Laka Agreement sal be accurate feb on anda ofthe Closig Dat, (3) ala he codons ‘and sgreéments required inthis Bond Placement Agieémént wo bi tatited or permed byte lsquet at or price to the Closiny Date shall ave bea stsied or performed inthe manner end ‘With the effect contemplate here and (C) ait Closing Data, no even of detect the ‘put ofthe [sour under the Tndentie rth Loun Agreement as Qocimed and is eafinuing and. ‘No event has occured and is continuing wil, wih the lapen of tne or the giving of antics, or ‘both, would constine soe an event of defeat; CD) ecentificate dated the Closing Date and signed by he General Parner ofthe Borrower (or ny other permer ofthe Boxower acceptable to the Placesent Agent) tothe effect that (A) each ofthe representations and warranties of the Borrower set fret mad inthe pan Agreemet shall be acearete as if made on and a ofthe Closing Date, (B) all the ‘conditions and agreements requifed in this Bond Placttent Agreement ad the Loan Agseemnent {be satisfied orpecformed by the Borower ator prior athe Closing Date shall bave been ‘ised or perfoied inthe rianer end with theft confemplted bein, (C)xs ofthe ‘Cosing Date, no event of defsalton the purof the Baerower under the Lagn Agscement bas ‘ceurred and i ontiming and no event has obcuréd ad scaling witch, with tho lapee of| tne or the giving of notice, or bath, would constitute such an event of deful, ol D) the Private Placement Memorandum as of such date is acoupe inal satel respet, and dacs Dot Incfode uny une statement of a material factor omit to ste ty material fae nesezsry to ‘make the statements mace therein, in light ofthe eicumstanees under which they were made not isleading; provided, however, that the forging doesnot spp toinformation cota under the captions “Tog fuer," "Pht Boads -Book-Eniry Only System," “Tax Matters “No Litigation = lsuer” andi Appendix A - "Form of Opinion af Band Counce.” (8) acentifeate of on or nore authorised wflers ofthe Trustee, de the Closing Date, as tothe dae execution and delivery of he Indentae by the Trostee wd the dive ‘uthentication and delivery ofthe Bonds by the Trustee, (A) the ungualtfed epproving opinion of Band Couns ated the Closing Date, ‘dressed fo the Timer, the Pheement Agent atthe Bomowet in eubstantially the form inclsied as Appendix A othe Private Placement Memorandum; and (2) the fipplemerta opinion of ‘Bond Counsel adresse tothe Placement Agent, the Isuer and the Trustee andin form and substineeatoeptable to the issuer and Placement Age and atached heels as Exhibit A; (10) _ the opinion of Counsel othe Borrower addrensed tothe letuer, the Placement “Agent andthe Trste dated the Closing Date and inform and substance aoepinbe othe Issuer and Placement Agent and ettached hereto as Exhibit (11) the opinion of Counsel to the Placeraat Ageat delivered tothe Placeroent Agent and the lorur, dted the Closing Date and inform and substan seceptabe tthe Issuer ent ‘locementAgeatand sited Herta as xb (12) _ te epinion, dated the Closing Date, addressed’ the Placement Agent. of, ‘Course of the Ise and inform and substance atceptablet the Iver aed laceanent Agent snd attachod herla as Exhibit D; and Oo (23) _ och additonal ocuments, agreeniets, certifcites, prapeedings, apis, inutramens-or documents asthe Issuer, the Placement Agett, Picsment Agants Sours! or ‘Bond Counsel may reasonably request in connection with the transtcions contzmaplated by this Bond Placemest Agreement; and (© __Allamaters relating to this Bond Placement Agreement, the Bonds.and the sale ‘hereof the Iidecture andthe Laan Agreement-and the consumnation of he transactions ‘contemplated by tis Bond Placement Agreement shall have been epproved by the Plecotatnt ‘Agect andits counsel. the Insr or the Bortowerisunable to stisfy any such cordon orf the Placemest ‘Agent's obligation is terminal for aay reason pemitedby this Bond Placement Agreement, ‘this Bond Placement Agreement may be canceled by the Placement Agent, and, upon such cancellation, th Rlacement Agent, the Lsuer and the Boreowet hall not be under further ‘obligation except as provided in Section 9 hereaf. Delivery of he Bonds by the Lsuerayalast ‘payment by the inital purchasers) shall be-deemed to be fill complianee by the Iesur of all, obligations ofthe Issuer ta be performed ander this Bond Placement Agreement 7. yg Emad Tesminntion of Agreement. This Bond Placement Agreement shall ‘beoomeeffeetive apon execution by the Placement Age, the Issuer ad the Borrower and shell continoeinfll free and effec ut the Closing Date except as provided in Section 9 hereof, and subject te right ofthe Placetnet Agent or the Borrower to terminate this Bond Placement Agreement a any time in accordance with he tems hereof, 8. _Pavment of ers and Bapenées The Borower sl pay, ease tobe paid all ‘tthe cons and expense neared i connection with he stance ad laces oft Bonds. an the preparation, execution, dlvery on ling ofthis Bond Plaoemect Appr, be Pave Pasemedt Merona, tho Indenture the Loan Apress, be Bonde ands oer ‘lated dorumen, and ay other documents which ty be delivered fa conneron ere or ‘hrowih neo the fes end disburse of bord couse te fees end sbusemets of ‘conn! fr the Pecerent Agent, tees and expense of ie Tse td is couse, be fo tnd expeusts of che Issuér, the cost of printing the Bonds, the fees and expenses of accountants: ‘ad any oer experts retained bythe Barareh Placement Apert tn conection with th {ssoance and placement ofthe Bonds, Inonsieration ofthe serves tobe performed bythe Plate Aget under tis Bond Plcasent Artem th Bamower eer payo Se Plaeoment Agent such amount as are required fo sembureit foro pay the reasonable expenses ‘cared (including, withoot imation, the reatonabe fea and disbursements of I county and ‘he reaonable expenses and ons ofthe preparation, prising, phtwcoping excel sa” dvr ofthe Pate Placement Memorandan, and any suppeieat here) and advaaces tne bythe Plesment Ageat pusuast the Indesture or ths Bend Plaoemeat Agrenment ‘Addicnally, the Borrower ages o pay othe Placement Age placement fx wah apt ‘bein placement ofthe Bonde the arnt of ne end cet yrcot (1.30%) of be vigil principal amount of tho Bonds, payable ante Cloting Dat The pares here, ‘eognize nd ape tha te sur sa ave bly th epoct to peyment ofthe ‘oregoing feof any expenses in conection wi the fre end placement of the Bonds 9. Indemnification, (4) The Bonciwer trees inde nd Nod halo te, Placement Agent and the Ive and their respective commisionen, members, offers, dreds, fils end cxoplayecs and each perso, ifany, who controls the Placement Agent or tear” ‘within the meaning of Section 16 of the Secures Actof 1933 o Section 2(a of the Socses Bachange Ac of 1931 (colistvely, the “Section a) Tndemuiied Persons” end indisinally, “*Seetion (4) Indenmaified Peron”) fom and uplatany less, lsina daznage or Lailiten lator several, och any Srstion (0) Indemnified Peon may become subject igor as ‘ok oat, cts dings libilites ot een in tepect heveot aod oat cae sed ‘upon, any uve safemeatar alleged untrue tatment of smart contained fate rice Placement Memorandum (thr tana contained in “The Liuer™ and “No Eiiation Iver solely with respect the later its members, aficers, directors, ofl and employees und ach peson f any, who carol the fase within the meaning of Seton 15 nfthe Secures ‘Act of 1933 ot Section 204) of he Secures Exchinge Actof 1931), or eter information provided by the Bomawer pusunt.to Section 3 hereof, or arse out of, ar are based upon the ‘mission or alleged omission fostate therein a material fact neceastry fh nak the Semen ‘therein not misfeading, and wl reimburse eh Sectin Nf) Indemnified Pets fr any legal ot ther expenses reasonably incuned by such Section 9) Inderaified Peron in defending or preparing odefené ay rach action or clin; provided, however that We Borrower shall ot be abe any suchas othe extent that ay sc oss claim, damage or ably _tiaes out of, fi based upon, ny tne sttement or alleged ate item of miso or alleged omission nade tn the Bate Placement Memorandum in reliance apon aid a conformity with writen infoemsion fnished to the Bocwwer by or on beh of ety Stn 5() Indemnified Person specifically for ichaxon eels, The indemaity agreement ints psagraph sal be nadsition to any ibility which the Borower may otherwise bave tap Section 9@) indemnified Persia (_, The Brower so ars pays inc nd ol lay her andi conmisionr, member fcr, dtm cls and enployect each pe t,o contra hese in train of Sent 13 of he Sesrtn Aatel DD Sexton 20) fhe Scie Eschange At of 191 clei, a “Sec 0), Tend Feros” ote wir Secon 50) ncaa Pesmey “heme Peron” 251 indvuly "Sect 9) Ended Perron) Co ey clam dag, enh pte ace fh oof ancy ‘tons legal erent pocsting eeu tng or resling em aioaty mecton wi: G) anya lr et or tiaepessaon nconaeion vib ators ‘se, deter armarrtng of be Bnd, yay ae toa mimeo the sein cotenon wi son Paces Agecet omy eh: deters noing the leer insomron ot teScne, Th nemlyapcenca ote een ‘ion any oer inanadcionpevied bye Botton te nde sas Soe amet inden te Seton 90) neni on fora costs and expenses, inclining cunse foes, ncored in () enforcing any obligtion of ‘Borrower under ths Bond Placement Agreement or any related agreement, (1) tang enpacflon requested bythe Borrower, (il) uking ery action required by tis Bond Placenment Aprectnentr any related agreement, or (jv) taking any action considered necessary bythe fuer and wale authorized by this Bond Placemect Agreement or any related agreetaeat. The indenity 1® ‘agreement in this paragraph is i addition to anyother indetnnitiaton povided by tho Borrower ‘wthe Indemnified Persona. (4) incase any clnim all be msde r any action sbll be benught aginst ao or ‘wore ofthe Indemnified Perohs based upon matters covered by theindemuites uniertaken by tte Horrowsr in Section 0), (or () the Indemnified Persons seeking indemnity sll romply soi the Borowe in writing. end the Borower shal prompay assure theedafease {bereof, including the etiplyament of eaunsel reasonably stifatory fo the Placerzent Agent or the Ismer, the case may be, he payment ofl expenses and the right a epeiats and consent tostitlement. If any of the Indsoaibed Persona advised fo an opldion of unsel that there ‘nny be legal defenses available to it which ae adver ror in eonlict with those allable to ‘We Borrower, of tat th dafease ofsucb Indemnified Person shouldbe handled by separate ‘cunse, the Barwer shall nthave the right to assume the defense of uch Indemnified Person ‘out shal be responsible forthe es and expenses of counsel retained By sth indemnified Person in assuming its. own defense, and provided also that ifthe Borrower hall have failed to _asume the defense of suck ation orto retain counsel satissctry tothe Placement Agent or the Issuer, a the case may be, within easonable ime afr writen notie ofthe commencement of such atin, the fes and expensorof ogunsl retained bythe Indemnified Penton tall be paid bythe Borrower. Notwithstanding, and in addition to any ofthe foregoing, ay eer more of the Indermnified Persons shall hove the right to employ separate couse! n any such aetion and to paticipate in the defense thereof, but the fees and expense af wih counsel shall bit the ‘expenteof sch Indemnified Pesta or Persons unless the employment af sich counsel had been seciially anthorized, in writing, by the Bomower. The Borrower shall not be liebe ft any. setlement of any sug ation ffedted without it written consent ba isetled with the eangeat afte Borrower or if there ia final judgment frtheplantifFin any sch ation with or without sent, the Bartower agrees fe indemnify and hold baralea she Indeniiled Persons from ad ‘guint any loss or Liability by reason of suck settlement or judgment. (©) The Placement Agent pres, at its expense, (inden, deftad and bold ‘hails, the Section 9() Indeed Persons tothe fll extent yernited by lw, ftom and ‘gunst any and all losses, cain, damages, demands, iahiies, cote ar expenses, inching ‘resonable stiomays" foes and expenses lated thereto, () alsiag out fer based por ante ‘smement or misleading stutementot alleged ute sisterentoralleged misleading ststemsent af ‘material fact contained inthe Private Placement Memorandkta or arising outof 6 bsed upoe the omission or alleged omision ofthe Placement Agent lo make the statements theo, i ight ofthe circumstances under which they were made, not misleading, it in egch ease only tothe ‘cent that auch untrue or misléstng tatement or alleged unti or misleading tatemett bniasion or alleged omission was made‘n the Private Placement Memorandum in reliance upon ‘and in conformity with information furished othe Issuer or the Berrower in writing by the Placement Agent, ineluding, withot limitation, the information thercin deseibing the Placement Agent or its activites with respect tothe Boods, including withoat limitation lnftiatin eleted w tie Phacesent Agent nde the caption “Unrodtton” pd (a) the etent of te agpregae ssmount paid in settement of sy tigation commenced op threatened ating ft alsa based ‘open any suck untrue statement or omisin, i such setlement effected withthe writen consent ofthe Placement Agent and (ii) as areslt of, ori camnection with, he viblaton of “federal o state securities laws by the Placement Agent in ts sale of the Bons Yo te purchases 4 ‘ret The indemnity agen n he pepsin ar any terion ‘rovided by Pacenent Agent tthe Secon 50) indemnified Pomona” @___ThePlacement Agent agrees at it expense, tindemnit, defend and bold ‘ariless the Station 9(b) Indemifed Persons tothe ull exte penittd by law from end. ‘sguins any and al loses claims, damages, demands, Lisi, cost or expenses (inching Feasonahle aiomeys'fes and expense) caused by () the fallure ofthe Placement Agettto. ‘comply with any registration ot qualification requirements splisableto the Placement Ageat or ‘the Bonds under any securities or “blue sky” law of eny jurisdiction in which such registration oe ‘qualifeaion it required and (i) the violation of any wpplicablofeteral op sate securities lve ia connection with the sale ofthe Bonds: Th indemanty agreement inthis paragraph is in adion {omy other ndemfation provided by PceieAget ae Seton 90) indeed Persons and Borower. (2) incase any claim shall be mado or any action shal be brought agaist one ‘mort of te Setion 9(H) Indemnified Persons and Borrower bised upon information furnished fo _wrting othe Issuer by the Placement Agent, describing therein the Placement Agent ois ‘activites with eapect tothe Bonds or pursuant to Section 9) or (the Soetion (0) Indemnified Persons and Borrower secking indemnity shall promptly votfy the Placement Aget in writing, and the Placement Agent shall promptly assume the defenie thereof, nehudingthe ‘emplaymnt of counsel texsonsbly satisfactory tothe late, the payment of af expenses andthe ‘ighttb negotiate and consent to setlemeat. Ifany of the Seetion 24) Indemnified Persors aad ‘Borrower i advised itvan opinion ofcounseb aha there maybe legal defenses available tit “which ame adverse fo ori confit with thoge available to the Placement Agent, orthat the ‘ces of eo The Mulholland Group, LLC, 141-07 Twentieth Avesue, Suite 507, Whitstoe, ‘New York 1:57 Cagether with ts permitted suscegsor and sstigns, the “Borrower")o Oto |W, Konrad sud HtzelC. Ublenbop, as tustes gether wih hsfer successors and sBsgns, the “trustee” for the booefit of RICHMOND REDEVELOPMENT AND HOUSING. AUTHORITY, apolitical subdivision ofthe Commonwealth of Virginia, having an offices 901 ‘Chametiayre Avenue, Richmond, Virginia 23220 (he “Luar” and together with ny assignee, the "Benefictry"), \WETNESSETH: WHEREAS, the Isr is authorized pursuant fo the provisions af the Housing ‘Authorities Law, Tite 36, Chapt 1, ug ofthe Code of Virgin of 1950, as send (he “Aer toissu¢ one or more sets of ts revenue bonds und lon the proceeds thereof to asit ‘lansing, deelopment, acquisition, construction, repair, rebublaion, equipping or ‘baintenace of residential orosher bullings, among other things and ‘WHEREAS, by proceedings adopted pursuat vo wad ia accordance withthe Act, the {esuer bas seed is Multifumily Housing Revenue Bonds (Andover Place Apartments Seles 2007, i the cna aggregate principal amount of Eight Milion Two Hondred Thousand ‘oars ($8:20.000) (te “Bonds” pursuant fo a Trt Indeatiredated as of th date hereof (as the same may be wolfe, amended or supplemented fom time time, the “Ladenture”) between te ter and Deutsche Bank National Trust Company, national bedkng association ‘eganized a esting under th laws ofthe United States of Ameten, a Paste (opther with [py Remm res underneath epee ers a apm "Bond ste" Witt, the Boron popass to borrow en aout eal th icp amount fbr tendsthe oa Amount fom the ina pant vc toeeAareanet dated ‘eer (sth sto mayb deseo sgemested fen fe tine te “Loan Agreement" by sod among te Ever, he Dower it ood Tras an WHEREAS, the Borrower hes execoted and delivered othe Iasuer that certs promissory ard the date of the Lsunos of he Bos asthe soe may be modied, ‘Unended, renewed nr replaced from tie o time, he "Note, wkich evidences fan nthe ‘sive amount (i "Loan”) end which Loan s being rode pursuit tot terns oft Lona “Agreement and WHEREAS, the proceed ofthe Losn willbe uae by the Borrower to pay potion of. ‘the woes of aoquiring the Premises (hereinafter defined) and rehabilitating nad equipping the Iimproyetiesta(as hereinafer dene c WHEREAS, the Note provides tht the Loan matures onthe final maturity dit af the ‘nds (te “Maturity Date”) upon which date al ofthe oustanding end tnpald pina ted interest under the Note will be doe and payable; and WHEREAS, tho insur requires tha this Instrument be exeeted an deliveted in ‘connection with the Loan as a conlition to making th Loan; end WHEREAS, as security forthe Bonds, he Issuer is asignng this Instrument, the Note, ‘he Latn Agreement (other than the Reserved Rights) aod all inaacing and ceninsaon statements to prefct the liens aad security inteests ranted hereby tothe Bond Trusts pursoat to the tems ofan Assignment of Deed of Tras Doctments dated asof te dats hereof and intended tobe seconded immediatly afer the recording ofthis Insrenent and WHEREAS, the Bond Troses has engaged JPMorgan Chase Bank, N.A., a utinal ‘baking masocinion organized and existing under the laws ofthe Unied Stes of America = ‘sarvicer forthe Loan (in such capacity, togetber with any suocessor servicer and tele respective sucorasor-and assigns, the “Servicer” NOW, THEREFORE, to vcuréthe payment of the Loan inthe principal amount of Eight ‘Millon Two Etundred Thousand Dollar (86,200,000) or ao mach theca astay be edvanced ‘accords withthe provisions ofthe Lan Agreement, lawful money ofthe United Sates of ‘Aza be pad wit nerest aid odebiedoes, ret ad al ss which mayor hell. brea dt hereunder, eolecvely the “Debt” according othe Now, nd any ant all neva ‘extensions modification or replacemeats of the Note, the Borrower, in cansderaon of Det, rey ara, bacgnns, als, watts, cotveys, asign, ses Geer and outimso the Teste, wibspower of sl in ir and greats othe Benedciaty alin end scaty interes, {ilof te illovng propery sight and interests (uch propery, ight and interests being ‘escnatsoolectively refered to asthe “Property” lested both the Cty of Richmond, ‘Vizni ann Henrico County, Virgina: (@) The Preniss doatbedin Exhibit A attached taeto (the “Premises”; (©) all builsings and inptovetreat now ax heat lente oh the Premises ‘heTmprovemeats"), (2) _allof the estas, right i, eam or demand of iy waite whatsoever of ‘the Borrower, either in aw or ix equiy Ta posession or expectancy, mand tothe ‘Peper or any part thereof, (all casemens ghts-of- ay, gores of and, rb, way, lleys,pasiages, ‘sewers, waters, wate courses, water rights and power anal estates figs, en, etvileges, br, tenement hereditament, and apurtetances of ny ats latsoever, in any way belonging, relating or pertaining w the Property (cluding, ‘ited Holton, any and all evelopment rg, alright orsntiar ex compare ‘ght of enynatare whatsoever now or hereafter appt the roan enor oF ‘eteftr transferred tothe Premise) and al Jo Iyingin he bed of any eet, road or svemie opened or proposed in font af or adjoining the Promises othe err ine, Thereof (@)__all echinery, apperts,sqipment, fitings, fixture and othe propeity ‘of every kind and naire whatsoever anda additions threo and renewals anc ‘placements theref, and al avbstutions therefor now owned or herentraceuired by the Borrower; orn whic the Botrower as or shall havea interest, nae ox hasan loceted upon orn, or tached to, any potion of te Proper, o appurtenances feeto, orlocated offsite tht Property but purchased withthe proceeds of the Deb, aed used of sabe in connection wit the presente ture operation and occupancy af the Propety and all bullding equipment, supple of any nature whaleoever owned by the Borrower, orn which the Bortower has or shll have an interes, ow or heceair located upon te Property and whether tore atthe Property or offhe, however, Specifically excluding eny and all inventory lized or bought for exe by Bora inthe ‘operation of ts busines and located upon the Propet (collectively, the “Rauigment”), sand the right, ite and interest ofthe Borowerin ad to any of the Equpehent which moty ‘bi subject to any security agreements (as defined in the Unfoam Coumercial Code) superior in Ken tothe lien of is Insirmiat and all proceeds and procs of any of the shoves (oll evards or payment, including interest thereon, and thoighto receive ‘he same, which may be rade wile respect othe Property, whether frm the exteae of ‘he right of eminent domain inindingenytanster made i lieu of the exercise of sd Tigh), or for anyother injury to or deren inte value ofthe Prope, (@) __ all eases and other agreements afetiog the we or occupancy ofthe Property now or hereafter entered into wd all guaranties of ay of the foregoing (he ‘Theases”) and the right recive the ets, fsues and pros ofthe Proper (te “Rent lig tite ad iteret ofthe Borowerinandto Gl contrac om Sine to lime exes by te Bomower or any manage or eget ons teal ling {te ownership, ebabillation, mantenaee mpl, operation occupncy, se or financing of the Property or ay pr tee and al spremect relating tne chase 6 ese of any portion of the Prope r any popeny whic is adjacent oy prea to te Property togter with he gat excels sch pions and al nse ot Eph, {atl consent, cease, bug pers, cerca of oop and ber _govemmeaal approvals felting eatin, cmpletion occupancy, ws or snenton ofthe Property or any pt bet, en i sl aings, Pen peas ‘nd sina or reed tens lange Propery, fll te nares, ad ts 1gos, copyrights, god wil and Boke end ‘econ relaiing to or used x connec wit te opetion of the Property oc sy pat hero al ge inangBe fb fo e prt of Prope ton exo beenr rising G)_ all seterert certificates under federal stat or local lw being ngwror hereafter avaiable in connection wid the Property, Bortower’s rights under Borrower's ‘organizational documents an all af Borrowers ight, tile and intrest n and tay instrument, dovument or agseement eating tert, focluding and not by way of imitation, any regulatory agrecaeat relating tothe lasing of individual unis comprising ‘the Property, © all proceds, bot cash and noncash of the foreging; 0. ec zane! emia wy iannepolig thelr purchase money and no such purchaser or purchasers, ot hs or their astigns of persoaal representatives, shall thereafter be obligate to see to"he application of such purchase ironey or be tn any way answerable for any loss, misaplicaton or noaappliction thereof, and (vi) tothe {lest extent permitted by law, Granor shall be completely and irevoesly divested of al ofits ight, tile, intecest, sins and demand whatsoever, she at lew or in equity, in ad 19 the Dropety sold and such ale shall bea perpetual bar bot at lw and in equity against Grantor, and ‘guns al other persons claiming ort claim the propary sald or eny pat thereat, by, dough or lurcer Grantor. Beneficiary may be a purchacer at sch sil and if Beneficiary isthe highest ‘bidde, may ere the portion of the purchase price that would be distributed to Beneficiary ‘gsist the Indebtedness ica of paying cash, (©) Stations Provisions. This Deed of Trust is made under and pursuant to the Provisions of Seotions 55-58.1, 55-59. $59.1 through $5-59.4and 55-60 ofthe Virginia Code, ‘and shall be constrved (0 impose and confer upon the partie heeto znd Lender all he eights, ‘ates, and obligsions prescribed by sid Sections 5538.1, 55-58:2, 5-59, 554591 trough 35° 59.4 and 55-60 ofthe Virginia Code, except as herinctherwiserestcied, expended or changed, including without imitation the following rights, dates and ciigations ae desebed in shor fom below exemptions waived, (i) subjectto cal on faut (i) renewal, extension or rinsatement permite, Gy) _ sibsitution of tutes collectively or of any of them individally by ‘Bensfisiry i permitted for any reason whatyoetet, al ny number oFtines without any ethauston of the ight to S020; i) ewtee's commissions in the evait of advetisesent but payment Before ale reasonable fees not in excess of one-lalf percent (5%) of the oustanding (2) sdvertisement required; ope Aah fx tee (2) coset day or once root oe ET (i) ay trast may act 25 Rioceeds af Sale, Upon aed punta Soeton 2.2(e above, Tutee sll make, exeut, and afer due payroeo is made, deliver tthe purchase r purchaser dod 2 eos fr tbe Presesor pst thereof sold and sal eon forthe see te commasioner ‘of seats puroane to §26-15 ofthe Virgina Coe andaply ta same (a to sischarge he expense of exeeatng the rus inching a esooable tomy’ fest the Tus, ei ll expec ofthe sal, he fs aid cots fay trey hats oclone’s commision, 2 -pprase! fos, environmental anit al of Which shell acerve and become due foi. and afer any Event of Def, together with any sus which Trustee or Lender all have pd for Prosrng ay aime, cette oF tepor oie ote Property and (ay roved ithe 24 Seqwity Amreement 9) This Instrument constitutes both areal property insmument and a “security ‘sgreement," within the tetning of the Uniform Commercial Code of Conmonwealh of Viegnia, end the Property includes both ea and peaonal property and l other rights and ‘interests, whether tangible or itangble in aur, of ha Borrower inthe opety. The Bamower by exeuting and delivering this Instrument bas granted to the Benefciry, a5 security for he Deb, a security interest inthe Equipment. Ifthe Borrower shall default rer the Noe or this lnstriment the Beneficiety, in addition to any other ights and remedies which it ray have, ball ‘have ad may exercise immediately and without demand, any and all right and remedies grated {oa secured pary upon default under the Unirm Commercial Code, inclsdng, witout Heating sul at it expense assemble the Equipment and asks it avilable to the Banefcary ata convenient plac acceptable wo te Beneficiary. The Bortower ell pay tothe Benefary on demand any and all expense, icluding legal expenses und reasonable attreys" fees, intared or pid by te Bensficiary in protecting its interest athe Equiproent and ic enforcing i ights, bereander wit respect to the Eqipment. Any notice af sal, disposition erothe intended ation bythe Beneficiary withespect othe Equipment sent tothe Borrower in asordanee with be ‘rovsions ofthis instrament et east seven (7) dayspriro the date of any such sale, disposiion or oer ection, shal cnstnutertsonghle notice othe Borower, and the method of sel or ispsition o othe intended action st forth or specified in auch notice shal conclusively be

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