Southview Village

INSTRUCTIONS FOR THE
VIRGINIA 2011 LIHTC APPLICATION FOR RESERVATION
This application was prepared using Excel, Microsoft Office 2003. Please note that using the active Excel
workbook does not eliminate the need to submit the required PDF of the signed hardcopy of the application and
related documentation. A more detailed explanation of application submission requirements is provided
below and in the Application Manual.
An electronic copy of your completed application is a mandatory submission item.
Applications For 9% Competitive Credits

Applicants should submit an electronic copy of the application package on a CD prior to the
application deadline, which is 2:00 PM Richmond Virginia time on March 11, 2011. Failure to submit an electronic
copy of the application by the deadline will cause the application to be disqualified.
Please Note:
Applicants should submit all application materials in electronic format only.
There should be distinct files saved to 1 or more CDs (as needed) which should include the following:
1. Application For Reservation – the active Microsoft Excel workbook
2. A PDF file which includes the following:
- Application For Reservation – Signed version of hardcopy
- All application attachments (i.e. tab documents, excluding market study and plans & specs)
3. Market Study – PDF or Microsoft Word format
4. Plans - PDF or other readable electronic format
5. Specifications - PDF or other readable electronic format (may be combined into the same file as the plans if
necessary)
6. Unit-By-Unit work write up (rehab only) - PDF or other readable electronic format
Notes:
-Do not submit any files on a flash or thumb drive.
-Do not submit any application materials via TaxCreditApps@VHDA.com or to any email address unless
specifically requested by the VHDA Allocation Department staff.
Disclaimer:
VHDA assumes no responsibility for any problems incurred in using this spreadsheet or for the
accuracy of the calculations. Check your application for correctness and completeness before
submitting the application to VHDA.
Entering Data:
Enter numbers or text as appropriate in the blank spaces highlighted in yellow. All other cells are
protected and will not allow any changes. The format for cells has been set to accept text, currency,
percentages, etc. as appropriate. Enter any number without commas or dollar signs. Enter
percentages beginning with a decimal point. There is no text wrap-around feature, so care must be
taken to enter text so that it does not extend beyond the right margin of the page. Enter in only enough
text to fill one line and then drop to the first yellow cell of the next line. Each page of the application is a
separate sheet in the spreadsheet. The spreadsheet contains numerous error checks which are
designed to assist you in identifying potential mistakes in your application. Please note that these may
appear as you enter data because many are dependent on entries later in the application. Do not be
concerned with these messages until all data has been entered. Also note that some cells contain
error messages such as "#DIV/0!" before you begin. These warnings will disappear as you enter
numbers necessary to complete the application.
Assistance:
If you have any questions, please call Jim Chandler at (804) 343-5786, Dale Wittie at (804)
343-5876, Cara Wallo at (804) 343-5714, Jaynell Pittman-Shaw at (804) 343-5733 or Rebecca Rowe
at (804) 343-5518. Please note that we cannot release the copy protection password.
Staff email addresses:

jim.chandler@vhda.com - dale.wittie@vhda.com
cara.wallo@vhda.com - jaynell.pittman-shaw@vhda.com - rebecca.rowe@vhda.com
v1.1.2011 Instructions
2011 Federal Low Income Housing
Tax Credit Program
Application For Reservation
Deadline for Submission
9% Competitive Credits
Applications Must Be Received At VHDA No Later Than 2:00 PM
Richmond, VA Time On March 11, 2011
Tax Exempt Bonds

Applications should be received at VHDA at least one month
before the bonds are priced (if bonds issued by VHDA), or 75
days before the bonds are issued (if bonds are not issued by
VHDA)
Virginia Housing Development Authority

601 South Belvidere Street
Richmond, Virginia 23220-6500
v1.1.2011
Low Income Housing Tax Credit Application for Reservation
Please indicate if the following items are included with your application by checking the appropriate boxes. Your assistance in organizing the
submission in the following order, and actually using tabs to mark them as shown, will facilitate review of your application. Please note that all
mandatory items must be included for the application to be processed. The inclusion of other items may increase the number of points for which
you are eligible under VHDA's point system of ranking applications, and may assist VHDA in its determination of the appropriate amount of
credits that it may reserve for the development.
Electronic Copy of the Microsoft Excel Based Application (MANDATORY)

Scanned Copy of the Signed Tax Credit Application with Attachments (excluding market study and plans & specs) (MANDATOR
Electronic Copy of the Market Study (MANDATORY-Application will be disqualified if study not submitted with application)
Electronic Copy of the Plans (MANDATORY)
Electronic Copy of the Specifications (MANDATORY)
Electronic Copy of the Unit By Unit Work Writeup (MANDATORY if rehab)
$750 Application Fee (MANDATORY)
Tab A: Documentation of Development Location:
A.1 Qualified Census Tract Certification
A.2 Revitalization Area Certification
Location Map
Surveyor's Certification of Proximity To Public Transportation
Tab B: Partnership or Operating Agreement, including chart of ownership structure with percentage of interests (MANDATORY
Tab C: Virginia State Corporation Commission Certification (MANDATORY)
Tab D: Principal's Previous Participation Certification and Resumé (MANDATORY)
Tab E: Nonprofit Questionnaire (MANDATORY for points or pool)
The following documents need not be submitted unless requested by VHDA:
-Nonprofit Articles of Incorporation -IRS Documentation of Nonprofit Status
-Joint Venture Agreement (if applicable) -For-profit Consulting Agreement (if applicable)
Tab F: Architect's Certification (MANDATORY)
Tab G: Relocation Plan (MANDATORY, if rehab)
Tab H: PHA / Section 8 Notification Letter
Tab I: Local CEO Letter
Tab J: Homeownership Plan
Tab K: Site Control Documentation & Most Recent Real Estate Tax Assessment (MANDATORY)
Tab L: Plan of Development Certification Letter
Tab M: Zoning Certification Letter
Tab N: Copies of 8609s To Certify Developer Experience
Tab O: (Reserved)
Tab P: Plans and Specifications and Work Write-Up (MANDATORY)
Tab Q: Documentation of Rental Assistance
Tab R: Documentation of Operating Budget
Tab S: Documentation of Project Budget
Tab T: Documentation of Financing Sources
Tab U:
Documentation To Request Exception To Restriction-Pools With Little/No Increase In Rent Burdened Population
Documentation of site location in an urban development area as defined in §15.2-2223.1of the Code of Virginia
Documentation of the development participating in a locally adopted affordable housing dwelling unit program area as
described in either §15.2-2304 or §15.2-2305 of the Code of Virginia
Tab V: Nonprofit or LHA Purchase Option or Right of First Refusal
Tab W: Attorney's Opinion (MANDATORY)
Tab X: (Reserved)
Tab Y: Marketing Plan for units meeting accessibility requirements of HUD section 504
v1.1.2011 Submission Checklist

Low-Income Housing Tax Credit Application For Reservation
VHDA TRACKING NUMBER 2011-C-60

I. General Information
All code "Section" references are to, and the term "IRC" shall be deemed to mean, 3/8/2011
the Internal Revenue Code of 1986, as amended. (Date of Application)
A. Development Name and Location:

1. Name of Development Southview Village
2. Address of Development 252 View Drive
(Street)
Marion VA 24354
(City) (State) (Zip Code)
3. If complete address is not available, provide longitude and latitude coordinates (x,y) from
location on site your surveyor deems appropriate
Documentation from surveyor attached (TAB A) (Only necessary if street address or street intersections are not available)
4. The Circuit Court Clerk's office in which the deed to the property is or will be recorded
City/County of Smyth County (ie; Richmond City, Chesterfield County; see application manual)
5. Does the site overlap one or more jurisdictional boundaries? Yes No
If yes, what other City/County is the site located in besides the one mentioned above?
6. Census Tract the development is located in: 9903
Is this a Qualified Census Tract: Yes No (If yes, attach required form in TAB A)
7. Is the development located in a Difficult Development Area? No If no, applicant may request that the property be treated
as if it is located in a DDA. If so, indicate by checking this box: (Note: This provision is NOT applicable to tax exempt bond deals.)
8. Is the development located in a revitalization area? Yes No (If yes, attach required form in TAB A)
9. Is the development an existing RD or HUD S8/236 development? Yes No (If yes, attach required form in TAB Q)
Note to #9: If there is an identity of interest between the applicant and the seller in this proposal, and the applicant is seeking points in
this category, then the applicant must either waive their rights to the developer's fee or other fees associated with acquisition and/or
rehabilitation, or obtain a waiver of this requirement from VHDA prior to application submission to receive these points.
a. Applicant agrees to waive all rights to any developer's fee or
other fees associated with acquisition and/or rehab. Yes n/a
b. Applicant has obtained a waiver of this requirement from VHDA
prior to the application submission deadline. Yes n/a
10. Is the development located in a census tract with a poverty
rate <10% with no tax credit units currently present? Yes No
11. Is the development listed on the RD 515 Rehabilitation Priority List? Yes No
12. Is the proposed development located in an urban development area as defined in §15.2-2223.1of the Code of Virginia?
Yes No (If yes, attach required form in TAB U)
13. Will the proposed development participate in a locally adopted affordable housing dwelling unit program area as described in
either §15.2-2304 or §15.2-2305 of the Code of Virginia? Yes No (If yes, attach required form in TAB U)
14. Congressional District 9 http://dlsgis.state.va.us/congress/2001PDFs/chap7Tab.pdf

Planning District 3 http://www.vapdc.org/aboutpdcs.htm#PDC%20Map
State Senate District 40 http://dlsgis.state.va.us/senate/2001PDFs/Chap2Tab.pdf
State House District 5 http://dlsgis.state.va.us/House/2001HousePDFs/Chap1Tab.pdf
15. Location Map Attached (TAB A)
B. Project Description:
In the space provided below, give a brief description of the proposed project.
Southview Village is an aging, existing 72 units family apartment complex that is covered by a Project Based Section 8 Contract.
The project is in need of renovation in order to improve the quality of life for the residents, improve energy efficiency and bring the project up to date.
v1.1.2011 Page 1
Low Income Housing Tax Credit Application For Reservation
C. Reservation Request
1. Total annual credit amount request (Must be the same as Part IX-D8) $356,970
2. Credits requested from:

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

new construction, or
rehabilitation, or
acquisition and rehabilitation.
Federal Subsidies
The development will not receive federal subsidies.
This development will receive federal subsidies for:

all buildings or
some buildings.
D. Type(s) of Allocation/Allocation Year
1. Regular Allocation
All of the buildings in the development are expected to be placed
in service this year. For those buildings the owner will, this year, request an
allocation of 2011 credits for new construction, or
rehabilitation, or
acquisition and rehabilitation.
2. Carryforward Allocation
All of the buildings in the development are expected to be placed
in service within two years after the end of this calendar year, 2011, but the
owner will have more than 10% basis in the development before the end of twelve
months following allocation of credits. For those buildings, the owner requests
a carryforward allocation of 2011 credits pursuant to Section 42(h)(1)(E) for:
new construction, or
rehabilitation, or
acquisition and rehabilitation (even if you acquired a building this year and
"placed it in service" for the purpose of the acquisition credit, you cannot receive
the 8609 form for it until the rehab 8609 is issued for that building once the rehab
work is "placed in service" in 2012 or 2013).
3. Federal Subsidies
The development will not receive federal subsidies.
This development will receive federal subsidies for:
all buildings or
some buildings.
v1.1.2011 Page 2
E. Acquisition Credit Information

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

All buildings satisfy the 10-year look-back rule of IRC Section 42 (d)(2)(B), including the
10% basis/$15,000.00 rehab costs ($10,000 for Tax Exempt Bonds) per unit requirement.
All buildings qualify for an exception to the 10-year rule under IRC Section 42(d)(2)(D)(i),
Subsection (I)
Subsection (II)
Subsection (III)
Subsection (IV)
Subsection (V)
The 10-year rule in IRC Section 42 (d)(2)(B) for all buildings does not apply pursuant to IRC Section 42(d)(6).
Different circumstances for different buildings: Attach a separate sheet and explain for each building.
F. Rehabilitation Credit Information
NOTE: If no credits are being requested for rehabilitation expenditures, so indicate and go
on to Section II. No Rehabilitation
Minimum Expenditure Requirements

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

The proposed new construction development (including adaptive reuse and rehabilitation that creates additional rental
space) is subject to an assessment of up to minus 20 points for being located in a pool identified by the Authority as a poo
with little or no increase in rent burdened population. N/A - Does not apply to this proposed development.
Applicant seeks an exception to this restriction in accordance with one of the following provisions under 13VAC10-180-
Proposed development is specialized housing designed to meet special needs that cannot readily be addressed
utilizing existing residential structures. Documentation Attached (TAB U)
Proposed development is designed to serve as a replacement for housing being demolished through
redevelopment. Documentation Attached (TAB U)
Proposed development is housing that is an integral part of a neighborhood revitalization project sponsored by
a local housing authority. Documentation Attached (TAB U)
v1.1.2011 Page 3
II. OWNERSHIP INFORMATION

NOTE: VHDA may allocate credits only to the tax-paying entity which owns the development at the time of the allocation. The term "Owner" herein refers to that entity. Please fill in the legal
name of the owner. The ownership entity must be formed prior to submitting this application. Any transfer, direct or indirect, of partnership interests (except those involving the admission of
limited partners) prior to the placed-in-service date of the proposed development shall be prohibited, unless the transfer is consented to by VHDA in its sole discretion. IMPORTANT: The
Owner name listed on this page must match exactly the owner name listed on the Virginia State Corporation Commission Certification.
Must be an individual or legally formed entity
A. Owner Information:
Name Southview Preservation, L.P.
Contact Person First: Matthew Middle: K Last: Finkle
Address 60 Columbus Circle
(Street)
New York NY 10023
(City) (State) (Zip Code)
Federal I. D. No. TBD (If not available, obtain prior to Allocation)

Phone 212-801-1073 Fax 212-801-3731 Email address mfinkle@related.com
Type of entity: Limited Partnership Other
Individual(s) Corporation
Owner's organizational documents (e.g. Partnership agreements & ownership structure chart) attached (Mandatory TAB B)
Certification from Virginia State Corporation Commission attached (Mandatory TAB C)
Principal(s) involved (e.g. general partners, LLC members, controlling shareholders, etc.)
Names ** Phone Type Ownership % Ownership
Stephen M. Ross 212-421-5333 Member of GP 68.30%
Jeff T. Blau 212-421-5333 Member of GP 6.30%
Michael Brenner 212-421-5333 Member of GP 0.80%
Bruce Beal 212-421-5333 Member of GP 3.60%
Mark E. Carbone 212-801-1068 Member of GP 16.00%
Matthew Finkle 212-801-1073 Member of GP 5.00%
0.00%
This should be 100% of the GP or managing member interest: 100.00%
** These should be the names of individuals who comprise the GP or managing members, not simply the names of
separate partnerships or corporations which may comprise those components.
Principals' Previous Participation Certification attached (Mandatory TAB D) & resumé.
B. Seller Information:
Name Southview Village Limited Partnership Contact Person Charles Nimmo
Address 3130 Chaparral Drive, Suite 200
Roanoke, VA 24018 Phone 540-774-1641
Is there an identity of interest between the seller and owner/applicant? Yes No

If yes, complete the following:
Principal(s) involved (e.g. general partners, controlling shareholders, etc.)
Names Phone Type Ownership % Ownership
0.00%
0.00%
0.00%
0.00%
v1.1.2011 Page 4
C. Development Team Information:

Complete the following as applicable to your development team.
1. Tax Attorney: H. David Embree Related Entity? Yes No

Firm Name: Williams Mullen
Address: 1700 Dominion Tower, P.O. Box 3460, Norfolk, VA 23514
Phone: 757-629-0608 Fax: 757-629-0660
2. Tax Accountant: Joseph Crivelli Related Entity? Yes No

Firm Name: Friedman, LLP
Address: 1700 Broadway, New York, NY 10019
Phone: 212-842-7550 Fax: 212-265-4761
3. Consultant: None Related Entity? Yes No

Firm Name: Role:
Address:
Phone: Fax:
4. Management Entity (Contact): Charles Nimmo Related Entity? Yes No

Firm Name: F&W Management
Address: 3130 Chaparral Drive, Roanoke, VA24018
Phone: 540-774-1641 Fax: 540-774-2488
5. Contractor (Contact): TBD Related Entity? Yes No

Firm Name:
Address:
Phone: Fax:
6. Architect: Richard Funk Related Entity? Yes No

Firm Name: dBF Associates, Architects
Address: 6821 Whittier Vae, Mclean, VA 22101
Phone: 703-356-2215 Fax: 703-356-4304
7. Real Estate Attorney: David Boccio Related Entity? Yes No

Firm Name: Michael, Levitt & Rubenstein, LLC
Address: 60 Columbus Circle, New York, NY 10023
Phone: 212-801-3739 Fax: 212-801-3762
8. Mortgage Banker: Charles Wilson Related Entity? Yes No

Firm Name: Virginia Capital Advisors, Inc.
Address: 1915 Pocahontas Trail, Suite B-5, Williamsburg, VA 23185
Phone: 757-220-3147 Fax: 212-801-3762
9. Other (Contact): Michael Antonik Related Entity? Yes No

Firm Name: PresCon, LLC Role:
Address: 60 Columbus Circle, New York, NY 10023
Phone: 212-801-1067 Fax: 212-801-3731
v1.1.2011 Page 5
D. Nonprofit Involvement:
Applications For 9% Credits - Must be completed in order to compete in the nonprofit tax credit pool.
All Applicants - Must be completed for points for nonprofit involvement under the ranking system.
Tax Credit Nonprofit Pool Applicants: To qualify for the nonprofit pool, an organization described in IRC Section 501
(c)(3) or 501 (c)(4) and exempt from taxation under IRC Section 501 (a), whose purposes include the fostering of low-income housing:
1. Must "materially participate" in the development and operation of the project throughout the compliance period,
2. Must own all general partnership interests in the development .
3. Must not be affiliated with or controlled by a for-profit organization.
4. Must not have been formed for the principal purpose of competition in the nonprofit pool, and
5. Must not have any staff member, or member of the nonprofit's board of directors materially participate in the proposed project
as a for-profit entity.
All Applicants: To qualify for points under the ranking system, the nonprofit's involvement need not necessarily
satisfy all of the requirements for participation in the nonprofit tax credit pool
1. Nonprofit Involvement (All Applicants)

If there is no nonprofit involvement in this development, please indicate by checking here
and go on to part III
2. Mandatory Questionnaire
If there is nonprofit involvement, you must complete the Non-Profit Questionnaire
Questionnaire attached (Mandatory TAB E)
3. Type of involvement
Nonprofit meets eligibility requirement for points only, not pool or
Nonprofit meets eligibility requirements for nonprofit pool and points
4. Identity of Nonprofit (All nonprofit applicants)

The nonprofit organization involved in this development is
the Owner
the Applicant (if different from Owner)
Other
(Name of nonprofit)
(Contact Person) (Street Address)
(City) (State) (Zip code)
(Phone) (Fax)
5. Percentage of Nonprofit Ownership (All nonprofit applicants)

Specify the nonprofit entity's percentage ownership of the general partnership interest: 0.0%
v1.1.2011 Page 6
III. DEVELOPMENT INFORMATION
A. Structure and Units:

1. Total number of all units in development 72
Total number of rental units in development 72 bedrooms 170
Number of low-income rental units 72 bedrooms 170
Percentage of rental units designated low-income 100.00%
2. The development's structural features are (check all that apply):
Row House/Townhouse Detached Single-family

Garden Apartments Detached Two-family
Slab on Grade Basement
Crawl space Age of Structure: 30
Elevator Number of stories: 2
3. Number of new units 0 bedrooms 0
Number of adaptive reuse units 0 bedrooms 0
Number of rehab units 72 bedrooms 170
4. Total Floor Area For The Entire Development 83,787.00 (Sq. ft.)
5. Unheated Floor Area (Breezeways, Balconies, Storage) 5,019.00 (Sq. ft.)

6. Nonresidential Commercial Floor Area 0.00 (Sq. ft.)
(Not eligible for funding)
7. Total Usable Residential Heated Area 78,768.00 (Sq. ft.)
8. Number of Buildings (containing rental units) 7
9. Commercial Area Intended Use:
10. Project consists primarily of a building(s) which is (are)(CHOOSE ONLY ONE)
Low-Rise (1-5 stories with any structural elements made of wood)

Mid-Rise (5-7 stories with no structural elements made of wood)
High-Rise (8 or more stories with no structural elements made of wood)
11. a. Total Net Rental Square Feet 69,778.00

b. Percentage of Net Rentable Square Feet Deemed To Be New Rental Space 0.00%
B. Building Systems:
Please describe each of the following in the space provided.
Community Facilities: Laundry Facility, Playground
Exterior Finish: Brick and Siding

Heating/AC System: Electric Heat Pump and Central Air
Architectural Style: Traditional 2 Story Garden Style apartments with pitched roof
v1.1.2011 Page 7
C. Amenities:
1. Specify the average size per unit type: (Including pro rata share of heated common area)
Assisted Lvg 0.00 SF 1Bdrm Eld 0.00 SF 3-Bdrm Gar 1,216.85 SF
1-Sty-Eff-Eld 0.00 SF 2Bdrm Eld 0.00 SF 4-Bdrm Gar 0.00 SF
1-Sty 1BR-Eld 0.00 SF Eff-Gar 0.00 SF 2+Sty 2BR TH 0.00 SF
1-Sty 2BR-Eld 0.00 SF 1-Bdrm Gar 0.00 SF 2+Sty 3BR TH 1,422.80 SF
Eff-Eld 0.00 SF 2-Bdrm Gar 997.70 SF 2+Sty 4BR TH 0.00 SF
2. Total gross usable, heated square feet for the entire project less nonresidential commercial area:
78,768.00 Documentation attached (TAB F) Mandatory
(Sq. ft.)
NOTE: All developments must meet VHDA's Minimum Design and Construction Requirements.
By signing and submitting the Application For Reservation of Low Income Housing Tax Credits the
applicant certifies that the proposed project budget, plans & specifications and work write-ups incorporate
all necessary elements to fulfill these requirements.
3. Check the following items which apply to the proposed project:

Documentation attached (TAB F Architect Certification) Mandatory
For any project, upon completion of construction/rehabilitation: (Optional Point items)

0% a(1) Percentage of 2-bedroom units that have 1.5 bathrooms
0% a(2) Percentage of 3 or more bedroom units that have 2 bathrooms
b. A community/meeting room with a minimum of 749 square feet is provided
72.00% c. Percentage of exterior walls covered by brick (excluding triangular gable ends, doors and windows)
d. All kitchen and laundry appliances meet the EPA's Energy Star qualified program requirements
e. All windows meet the EPA's Energy Star qualified program requirements
f. Every unit in the development is heated and cooled with either (i) heat pump equipment with both a
SEER rating of 15.0 or more and a HSPF rating of 8.5 or more , or (ii) air conditioning equipment
with a SEER rating of 15.0 or more, combined with gas furnaces with an AFUE rating of 90% or
more
g. Water expense is sub-metered (the tenant will pay monthly or bi-monthly bill)
h. Each bathroom consists only of low-flow faucets (2.2 gpm max.) and showerheads (2.5gpm max.)
i. Provide necessary infrastructure in all units for high speed cable, DSL or wireless internet sevice
j. All water heaters meet the EPA's Energy Star qualified program requirements
k. Every unit in the development will be heated and cooled with a geothermal heat pump that meets
EPA Energy Star qualified program requirements.
l. The development will have a solar electric system that will remain unshaded year round, be oriented
to within 15 degrees of true south, and be angled horizontally within 15 degrees of latitude.
Expected Total Electrical Load (kilowatt hours per month): 0

Percent of Expected Load Offset By Solar Electric System: 0.00%
v1.1.2011 Page 8
Low Income Housing Tax Credit Application For Reservation
For all projects exclusively serving elderly and/or handicapped tenants, upon completion
of construction/rehabilitation: (Optional Point items)
a. All cooking ranges will have front controls

b. All units will have an emergency call system
c. All bathrooms will have an independent or supplemental heat source
d. All entrance doors have two eye viewers, one at 48" and the other at standard height
For all rehabilitation and adaptive reuse projects, upon completion of construction or
or rehabilitation: (Optional Point items)
The structure is listed individually in the National Register of Historic Places or is

located in a registered historic district and certified by the Secretary of the Interior as
being of historical significance to the district, and the rehabilitation will be completed
in such a manner as to be eligible for historic rehabilitation tax credits
Accessibility
Check one or none of the following point categories, as appropriate:
For any non-elderly property, or any elderly rehabilitation property, in which the greater of 5 or 10% of the units will be subject
to federal project-based rent subsidies or equivalent assistance in order to ensure occupancy by extremely low-income persons;
and (ii) the greater of 5 units or 10% of the units will conform to HUD regulations interpreting accessibility requirements of
section 504 of the Rehabilitation Act; and be actively marketed to people with special needs in accordance with a plan submitted
as part of the Application. (All of the units described in (ii) above must include roll-in showers and roll under sinks and front
controls for ranges, unless agree to by the Authority prior to the applicant's submission of its application). (50 points)
For any non-elderly property, or any elderly rehabilitation property, in which the greater of 5 or 10% of the units (i) have rents
within HUD’s Housing Choice Voucher (“HCV”) payment standard; (ii) conform to HUD regulations interpreting accessibility
requirements of section 504 of the Rehabilitation Act; and (iii) are actively marketed to people with mobility impairments,
including HCV holders, in accordance with a plan submitted as part the Application. (30 points)
For any non-elderly property, or any elderly rehabilitation property, in which at least four percent (4%) of the units conform
to HUD regulations interpreting accessibility requirements of section 504 of the Rehabilitation Act and are actively
marketed to people with mobility impairments in accordance with a plan submitted as part of the Application. (15 points)
Earthcraft or LEED Development Certification

Applicant agrees to obtain Earthcraft or LEED certification prior to issuance of IRS Form 8609. Architect
certifies in the Architect Certification that the development's design will meet the criteria for such certification
(15 Points)
LEED Silver Certification
Earthcraft Certification - new construction development will be 15% more energy efficient than 2004 IECC.
Earthcraft Certification - rehabilitation development will be 30% more energy efficient post-rehabilitation
(30 Points)
LEED Gold Certification
(45 Points)
LEED Platinum Certification
If seeking any points associated with LEED or Earthcraft certification, attach appropriate documentation at TAB F
Universal Design - Units Meeting Universal Design Standards

a. The architect of record certifies that units will be constructed to meet VHDA's Universal Design standards.
Yes No If Yes, attach appropriate documentation at TAB F
b. Number of Rental Units constructed to meet VHDA's Universal Design standards:
0 Units 0%
VHDA Certified Property Management Agent

Owner agrees to use a VHDA Certified Property Management Agent to manage the property.
Yes No
Yes No N/A The market-rate units' amenities are substantially equivalent to those of the
low-income units. If no, explain differences:
v1.1.2011 Page 9
IV. TENANT INFORMATION
A. Set-Aside Election: UNITS SELECTED BELOW IN BOTH COLUMNS DETERMINE

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

Income Levels Rent Levels
# of Units % of Units # of Units % of Units
0 0.00% 40% Area Median 8 11.11% 40% Area Median
0 0.00% Non-LMI Units 0 0.00% Non-LMI Units
72 100.00% Total 72 100.00% Total
B. Special Housing Needs/Leasing Preference:
1. If 100% of the low-income units will be occupied by either or both of the following special needs
groups as defined by the United States Fair Housing Act, so indicate:
Yes Elderly (age 55 or above)
Yes Physically or mentally disabled persons (must meet the requirements of the federal
Americans with Disabilities Act)
2. Specify the number of low-income units that will serve individuals and families with children by
providing three or more bedrooms: 26 Number of units 36% of total low-income units
3. If the development has existing tenants, VHDA policy requires that the impact of economic and/or physical
displacement on those tenants be minimized, in which Owners agree to abide by the Authority's Relocation
Guidelines for LIHTC properties. Relocation Plan Documentation attached (TAB G)
4. If leasing preference will be given to applicants on public housing waiting list and/or Section 8
waiting list, so indicate:
Yes
No
Locality has no such waiting list; If yes, provide the following information:
Organization which holds such waiting list: Marion Redevelopment and Housing Authority
Contact person (Name and Title) Lisa Porter, Deputy Director
Phone Number 276-783-3381 x131 Required documentation attached (TAB H)
5. If leasing preference will be given to individuals and families with children.

(Less than or equal to 20% of the units must have 1 or less bedrooms).
Yes
No
v1.1.2011 Page 10
V. LOCAL NEEDS AND SUPPORT
Note: Please refer to the Application Manual for specific instructions and deadlines for pertaining to locality
notification of proposed Low income Housing Tax Credit developments.
A. Provide the name and the address of the chief executive officer (City Manager, Town Manager, or
County Administrator) of the political jurisdiction in which the development will be located:
Chief Executive Officer's Name Michael Carter
Chief Executive Officer's Title County Administrator
Street Address 121 Bagley Circle Phone 276-783-3298
City Marion State VA Zip 24354
Name and title of local official you have discussed this project with who could answer questions for the
local CEO: Clegg Williams, Zoning Administrator
If the property overlaps another jurisdiction please fill in the following:

Chief Executive Officer's Name
Chief Executive Officer's Title
Street Address Phone
City State Zip
Name and title of local official you have discussed this project with who could answer questions for the
local CEO:
B. Project Schedule
ACTUAL OR NAME OF
ACTIVITY ANTICIPATED PERSON
DATE RESPONSIBLE
Site
Option/Contract 9/11/2007 Mark Carbone
Site Acquisition 11/15/2011 Mark Carbone
Zoning Approval na
Site Plan Approval na
Financing
A. Construction Loan
Loan Application 6/15/2011 David Pearson
Conditional Commitment 8/15/2011 David Pearson
Firm Commitment 10/15/2011 David Pearson
B. Permanent Loan - First Lien
C. Permanent Loan-Second Lien
D. Other Loans & Grants
Type & Source, List
Application
Award/Commitment
Formation of Owner 2/2/2011 David Pearson
IRS Approval of Nonprofit Status na
Closing and Transfer of Property to Owner 11/15/2011 David Pearson
Plans and Specifications, Working Drawings 3/1/2011 Michael Antonik
Building Permit Issued by Local Government 10/15/2011 Michael Antonik
Start Construction 12/1/2011 Michael Antonik
Begin Lease-up in place rehab
Complete Construction 8/1/2012 Michael Antonik
Complete Lease-Up in place rehab
Credit Placed in Service Date 8/1/2012 David Pearson
v1.1.2011 Page 11
VI. SITE CONTROL
Note: Site control by the Owner identified herein is a mandatory precondition of review of this application. Documentary evidence of it,
in the form of either a deed, option, purchase contract, or lease for a term longer than the period of time the property will be subject to
occupancy restrictions must be included herewith. (9% Competitive Credits - An option or contract must extend beyond the
application deadline by a minimum of four months.)
Warning: Site control by an entity other than the Owner, even if it is a closely related party, is not sufficient. Anticipated future transfers
to the Owner are not sufficient. The Owner, as identified in Subpart II-A, must have site control at the time this Application is
submitted.
NOTE: If the Owner receives a reservation of credits, the property must be titled in the name of or leased by (pursuant to a long-term
lease) the Owner before the allocation of credits is made this year.
Contact us before you submit this application if you have any questions about this requirement.
A. Type of Site Control by Owner:
Applicant controls site by (select one and attach document - Mandatory TAB K)
Deed - attached
Long-term Lease - attached (expiration date: )
Option - attached (expiration date: )
Purchase Contract - attached (expiration date: 07/15/11 )
If more than one site for the development and more than one form of site control, please so indicate
and attach a separate sheet specifying each site, number of existing buildings on the site, if any,
type of control of each site, and applicable expiration date of form of site control. A site control
document is required for each site.
Most recent property tax assessment - Mandatory TAB K
B. Timing of Acquisition by Owner:

Select one:
Owner already controls site by either deed or long-term lease or
Owner is to acquire property by deed (or lease for period no shorter than period property
will be subject to occupancy restrictions) no later than 07/15/11
If more than one site for the development and more than one expected date of acquisition by
Owner, please so indicate and attach separate sheet specifying each site, number of existing
buildings on the site, if any, and expected date of acquisition of each site by the Owner.
C. Market Study Data:
Obtain the following information from the Market Study conducted in connection with this tax credit application and enter below:
Project Wide Capture Rate - LIHTC Units 13.00%

Project Wide Capture Rate - Market Units na
Project Wide Capture Rate - All Units 13.00%
Project Wide Absorption Period (Months) 5
v1.1.2011 Page 12
C. Site Description
1. Exact area of site in acres 7.685
2. Has locality approved a final site plan or plan of development?

Yes No
Required documentation form attached (TAB L)
3. Is site properly zoned for the proposed development?

Yes No
Required documentation form attached (TAB M)
4. Will the proposal seek to qualify for points associated with proximity to public transportation?
Yes No
Required documentation form attached (TAB A)
D. Plans and Specifications
Minimum submission requirements for all properties (new construction, rehabilitation and adaptive reuse)
1. A location map with property clearly defined.

2. Sketch plan of the site showing overall dimensions of main building(s), major site elements
(e.g., parking lots and location of existing utilities, and water, sewer, electric,
gas in the streets adjacent to the site). Contour lines and elevations are not required.
3. Sketch plans of main building(s) reflecting overall dimensions of:
a. Typical floor plan(s) showing apartment types and placement
b. Ground floor plan(s) showing common areas;
c. Sketch floor plan(s) of typical dwelling unit(s);
d. Typical wall section(s) showing footing, foundation, wall and floor structure.
Notes must indicate basic materials in structure, floor and exterior finish.
4. Required documentation for rehabilitation properties: A unit-by-unit work write-up.
v1.1.2011 Page 13
VII. OPERATING BUDGET
A. Rental Assistance
1. Do or will any low-income units receive rental assistance?
Yes No
2. If yes, indicate type of rental assistance:
Section 8 New Construction Substantial Rehabilitation

Section 8 Moderate Rehabilitation
Section 8 Certificates
Section 8 Project Based Assistance
RD 515 Rental Assistance
Section 8 Vouchers
State Assistance
Other:
3. Number of units receiving assistance: 72

Number of years in rental assistance contract: 72
Expiration date of contract: 04/01/12
Contract or other agreement attached (TAB Q)
B. Utilities
1. Monthly Utility Allowance Calculations
Utilities Type of Utility Utilities Enter Allowances by Bedroom Size

(Gas, Electric, Oil, etc.) Paid by: 0-bdr 1-bdr 2-bdr 3-bdr 4-br
Heating Electric Owner x Tenant 0 0 91 123 0
Air Conditioning Electric Owner x Tenant 0 0 0 0 0
Cooking Electric Owner x Tenant 0 0 0 0 0
Lighting Electric Owner x Tenant 0 0 0 0 0
Hot Water Electric Owner x Tenant 0 0 0 0 0
Water Water x Owner Tenant 0 0 0 0 0
Sewer Sewer x Owner Tenant 0 0 0 0 0
Trash Trash x Owner Tenant 0 0 0 0 0
Total utility allowance for costs paid by tenant $0 $0 $91 $123 $0
2. Source of Utility Allowance Calculation (Attach Documentation TAB Q)

HUD
Utility Company (Estimate) Local PHA
Utility Company (Actual Survey) Other:
v1.1.2011 Page 14
C. Revenue
1. Indicate the estimated monthly income for the Low-Income Units: **
Total Number of Total Monthly
Unit Type Tax Credit Units Rental Income
Efficiency Units 0 $0
1 Bedroom Units 0 $0
2 Bedroom Units 46 $26,976
3 Bedroom Units 26 $17,770
Total Number of Tax Credit Units 72
Plus Other Income Source (list): Laundry & Tenant Charges $500
Equals Total Monthly Income: $45,246
Twelve Months x12
Equals Annual Gross Potential Income $542,952
Less Vacancy Allowance ( 7.0% ) $38,007
Equals Annual Effective Gross Income (EGI) - Low Income Units $504,945
** Beginning at Row 75 enter the appropriate data for both tax credit and market rate units in the yellow shaded cells.
2. Indicate the estimated monthly income for the Market Rate Units: **
Total Number of Total Monthly
Unit Type Market Units Rental Income
Efficiency Units 0 $0
Total Number of Market Units 0
Plus Other Income Source (list): $0

Equals Total Monthly Income: $0
Twelve Months x12
Equals Annual Gross Potential Income $0
Less Vacancy Allowance ( 0.0% ) $0
Equals Annual Effective Gross Income (EGI) - Market Rate Units $0
Documentation in Support of Operating Budget attached (TAB R)
List number of units by type: TOTAL UNITS
ASSISTED LVG EFF-ELD 1 BD RM-ELD 2 BD RM-ELD EFF-GAR 1 BD RM-GAR

0 0 0 0 0 0
2 BD RM-GAR 3 BD RM-GAR 4 BD RM-GAR 2+Story 2 BR-TH 2+Story 3 BR-TH 2+Story 4 BR-TH

46 20 0 0 6 0
1 STY-EFF-ELD 1 STY-1 BR-ELD 1 STY-2 BR-ELD Note: Please be sure to enter the number of units in the
0 0 0 appropriate unit category. If not, you will find an error on
the scoresheet at 5a, 6a & 6b.
List number of units by type: TAX CREDIT UNITS
ASSISTED LVG EFF-ELD 1 BD RM-ELD 2 BD RM-ELD EFF-GAR 1 BD RM-GAR
0 0 0 0 0 0
2 BD RM-GAR 3 BD RM-GAR 4 BD RM-GAR 2+Story 2 BR-TH 2+Story 3 BR-TH 2+Story 4 BR-TH

46 20 0 0 6 0
1 Story-EFF-ELD 1 Story-1 BR-ELD 1 Story-2 BR-ELD

0 0 0
Efficiency Units
Unit Type / Net Rentable Monthly Rent Total
Rent Targeting Number Units Square Feet Per Unit Monthly Rent
Efficiency - 40% 0 0.00 $ - $ -

Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
v1.1.2011 Page 15
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 40% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -

Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 50% 0 0.00 $ - $ -
Efficiency - 60% 0 0.00 $ - $ -

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

Total Efficiency
Market Units: 0 0.00 Total Monthly
Eff. Market Rent: $ -
Total Eff. Units: 0 Total Eff. Rent $ -
1-Bedroom Units
Net Rentable Monthly Rent Total
1 BR - 40% 0 0.00 $ - $ -
v1.1.2011 Page 15
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 40% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 50% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
Total 1-BR Total Monthly 1-BR
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
Total 1-BR
1-BR Market Rent: $ -
Total 1-BR Units: 0 Total 1-BR Rent $ -
v1.1.2011 Page 15
2-Bedroom Units
2 BR - 40% 4 869.00 $ 584 $ 2,336

2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 1 988.00 $ 593 $ 593
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 40% 0 0.00 $ - $ -
2 BR - 50% 28 869.00 $ 584 $ 16,352

2 BR - 50% 2 869.00 $ 586 $ 1,172
2 BR - 50% 11 988.00 $ 593 $ 6,523
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 50% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
Tax Credit Units: 46 41,402.00 Tax Credit Rent: $ 26,976
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
v1.1.2011 2 BR - Market 0 0.00 $ - $ - Page 15
Total 2-BR
Total 2-BR Units: 46 Total 2-BR Rent $ 26,976
3-Bedroom Units
3 BR - 40% 1 1,186.00 $ 669 $ 669

3 BR - 40% 2 1,063.00 $ 676 $ 1,352
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 40% 0 0.00 $ - $ -
3 BR - 50% 5 1,186.00 $ 669 $ 3,345

3 BR - 50% 17 1,063.00 $ 689 $ 11,713
3 BR - 50% 1 1,063.00 $ 691 $ 691
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 50% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
Tax Credit Units: 26 28,376.00 Tax Credit Rent: $ 17,770
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
v1.1.2011 Page 15
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
Total 3-BR
Total 3-BR Units: 26 Total 3-BR Rent $ 17,770
4-Bedroom Units
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 50% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
4 BR - 60% 0 0.00 $ - $ -
v1.1.2011 Page 15
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
4 BR - Market 0 0.00 $ - $ -
Total 4-BR
Total 4-BR Units: 0 Total 4-BR Rent $ -
Total Units 72 Net Rentable SF: TC Units 69,778.00

MKT Units 0.00
Total NR SF: 69,778.00
Floor Space Fraction 100.0000%
v1.1.2011 Page 15
D. Operating Expenses
Administrative:
1. Advertising/Marketing $650
2. Office Salaries $0
3. Office Supplies $9,475
4. Office/Model Apartment (type______) $0
5. Management Fee $21,000
4.16% of EGI 291.6666667 Per Unit
6. Manager Salaries $29,547
7. Staff Unit (s) (type______) $0
8. Legal $250
9. Auditing $12,000
10. Bookkeeping/Accounting Fees $0
11. Telephone & Answering Service $2,525
12. Tax Credit Monitoring Fee $2,160
13. Miscellaneous Administrative $2,500
Total Administrative $80,107
Utilities
14. Fuel Oil $0
15. Electricity $12,000
16. Water $12,000
17. Gas $500
18. Sewer $15,000
Total Utility $39,500
Operating:
19. Janitor/Cleaning Payroll $0
20. Janitor/Cleaning Supplies $3,000
21. Janitor/Cleaning Contract $240
22. Exterminating $1,775
23. Trash Removal $9,625
24. Security Payroll/Contract $0
25. Grounds Payroll $18,859
26. Grounds Supplies $650
27. Grounds Contract $9,960
28. Maintenance/Repairs Payroll $29,816
29. Repairs/Material $17,625
30. Repairs Contract $10,000
31. Elevator Maintenance/Contract $0
32. Heating/Cooling Repairs & Maintenance $500
33. Pool Maintenance/Contract/Staff $0
34. Snow Removal $500
35. Decorating/Payroll/Contract $3,200
36. Decorating Supplies $1,500
37. Miscellaneous $0
Operating & Maintenance Totals $107,250
Taxes & Insurance
38. Real Estate Taxes $15,145
39. Payroll Taxes $7,500
40. Miscellaneous Taxes/Licenses/Permits $0
41. Property & Liability Insurance $25,000
42. Fidelity Bond $0
43. Workman's Compensation $500
44. Health Insurance & Employee Benefits $700
45. Other Insurance $25
Total Taxes & Insurance $48,870
6544
Total Operating Expense $275,727
D1. Total Oper. Ex. Per Unit $3,830 D2. Total Oper. Ex. As % EGI (from E3) 54.61%
Replacement Reserves (Total # Units X $300 or $250 New Const. Elderly Minimum) $21,600
Total Expenses $297,327
v1.1.2011 Page 16
E. Cash Flow (First Year)

1. Annual EGI Low-Income Units from (C1) $504,945
2. Annual EGI Market Units (from C2) + $0
3. Total Effective Gross Income = $504,945
4. Total Expenses (from D) $297,327
5. Net Operating Income = $207,618
6. Total Annual Debt Service (from Page 21 B2) - $180,423
7. Cash Flow Available for Distribution = $27,195
F. Projections for Financial Feasibility - 15 Year Projections of Cash Flow
Stabilized
Year 1 Year 2 Year 3 Year 4 Year 5
Eff. Gross Income 504,945 515,044 525,345 535,852 546,569
Less Oper. Expenses 297,327 306,247 315,434 324,897 334,644
Net Income 207,618 208,797 209,911 210,955 211,925
Less Debt Service 180,423 180,423 180,423 180,423 180,423
Cash Flow 27,195 28,374 29,488 30,532 31,502
Debt Coverage Ratio 1.15 1.16 1.16 1.17 1.17

Eff. Gross Income 557,500 568,650 580,023 591,624 603,456
Net Income 212,817 213,627 214,349 214,979 215,512
Cash Flow 32,394 33,204 33,926 34,556 35,089

Eff. Gross Income 615,526 627,836 640,393 653,201 666,265
Net Income 215,943 216,266 216,476 216,566 216,531
Cash Flow 35,520 35,843 36,053 36,143 36,108
Estimated Annual Percentage Increase in Revenue 2.00% (Must be < 2%)
Estimated Annual Percentage Increase in Expenses 3.00% (Must be > 3%)
v1.1.2011 Page 17
VIII. PROJECT BUDGET
A. Cost/Basis/Maximum Allowable Credit

Complete cost column and basis column(s) as appropriate through A12. Check if the following
documentation is attached at TAB S:
Executed Construction Contract
Executed Trade Payment Breakdown
Appraisal
Other Cost Documentation
Environmental Studies
NOTE: Attorney must opine, among other things, as to correctness of the inclusion of each cost item in eligible basis, type
of credit and numerical calculations of this Part VIII.
Amount of Cost up to 100% Includable in

Eligible Basis--Use Applicable Column(s):
"30% Present Value Credit" (D)
Item (A) Cost (B) Acquisition (C) Rehab/ "70 % Present
New Construction Value Credit"
1. Contractor Cost
A. Off-Site Improvements 0 0 0 0
B. Site Work 0 0 0 0
C. Geothermal System 0 0 0 0
D. Unit Structures (New) 0 0 0 0
E. Unit Structures (Rehab) 1,826,440 0 0 1,826,440
F. Solar Electric System 0 0 0 0
G. Asbestos Removal 0 0 0 0
H. Demolition 0 0 0 0
I. Commercial Space Costs 0 0 0 0
J. Structured Parking Garage 0 0 0 0
K. Subtotal A: (Sum 1A..1J) 1,826,440 0 0 1,826,440
L. General Requirements 109,586 0 0 109,586
M. Builder's Overhead 36,529 0 0 36,529
( 2.0% Contract)
N. Builder's Profit 109,586 0 0 109,586
( 6.0% Contract)
O. Bonding Fee 0 0 0 0
P. Other 0 0 0 0
Q. Contractor Cost
Subtotal (Sum 1K..1P) $2,082,141 $0 $0 $2,082,141
2. Owner Costs
A. Building Permit 5,000 0 0 5,000
B. Arch./Engin. Design Fee 40,000 0 0 40,000
( 556 /Unit)
C. Arch. Supervision Fee 10,000 0 0 10,000
( 139 /Unit)
D. Tap Fees 0 0 0 0
E. Soil Borings 0 0 0 0
v1.1.2011 Page 18

2. Owner Costs Continued
F. Construction Loan 0 0 0 0
Origination Fee
G. Construction Interest 0 0 0 0
( 0.0% for 0 months)
H. Taxes During Construction 10,776 0 0 0
I. Insurance During Construction 18,750 0 0 0
J. Cost Certification Fee 45,000 0 0 45,000
K. Title and Recording 50,000 22,500 0 21,000
L. Legal Fees for Closing 75,000 25,000 0 0
M. Permanent Loan Fee 43,008 0 0 0
( 0.0% )
N. Other Permanent Loan Fees 0 0 0 0
O. Credit Enhancement 0 0 0 0
P. Mortgage Banker 29,850 10,000 0 10,000
Q. Environmental Study 10,000 0 0 10,000
R. Structural/Mechanical Study 0 0 0 0
S. Appraisal Fee 5,000 0 0 5,000
T. Market Study 3,500 0 0 3,500
U. Operating Reserve 245,000 0 0 0
V. Tax Credit Fee 25,750 0 0 0
W. OTHER $600,875 $0 $0 $283,515
(SEE PAGE 19A)
X. Owner Cost
Subtotal (Sum 2A..2W) $1,217,509 $57,500 $0 $433,015
Subtotal 1 + 2 $3,299,650 $57,500 $0 $2,515,156

(Owner + Contractor Costs)
3. Developer's Fees 631,277 160,000 0 471,277
4. Owner's Acquisition Costs

Land 200,000
Existing Improvements 1,510,990 1,510,990
Subtotal 4: $1,710,990 $1,510,990
5. Total Development Costs

Subtotal 1+2+3+4: $5,641,917 $1,728,490 $0 $2,986,433
If this application seeks rehab credits only, in which there is no acquisition and no change in ownership, enter the greater of
appraised value or tax assessment value here: $0 Land
(Attach documentation at Tab K) $0 Building
1.1.2011 Page 19

W. OTHER OWNER COSTS
Contingency Reserve 222,515 0 0 222,515

(Rehab or Adaptive Reuse only)
LIST ADDITIONAL ITEMS
Survey 10,000 0 0 10,000
Mgmt Rehab 5,000 0 0 5,000
Relocation 5,000 0 0 5,000
Travel 2,500 0 0 0
Organizational 3,500 0 0 0
LIHTC App Fee 750 0 0 0
Replacement Reserve 21,600 0 0 0
Earthcraft Supervision 25,000 0 0 25,000
Completion LOC 15,000 0 0 15,000
Copies/prints/postage 1,000 0 0 1,000
0 0 0 0
0 0 0 0
Reserve Purchase 289,010 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
Subtotal (Other Owner Costs) $600,875 $0 $0 $283,515
v1.1.2011 Page 19A


"30 % Present Value Credit"
(C) Rehab/ (D)
New "70 % Present
Item (A) Cost (B) Acquisition Construction Value Credit"
5. Total Development Costs
Subtotal 1+2+3+4 5,641,917 1,728,490 0 2,986,433
6. Reductions in Eligible Basis
Subtract the following:

A. Amount of federal grant(s) used to finance 0 0 0
qualifying development costs
B. Amount of nonqualified, nonrecourse financing 0 0 0
C. Costs of nonqualifying units of higher quality 0 0 0

(or excess portion thereof)
D. Historic Tax Credit (residential portion) 0 0 0
7. Total Eligible Basis (5 minus 6 above) 1,728,490 0 2,986,433
8. Adjustment(s) to Eligible Basis (For non-acquisition costs in eligible basis)

(i) For QCT or DDA (Eligible Basis x 30%) 0 895,930
(ii) For Earthcraft or LEED Certification 0 0
Total Adjusted Eligible basis 0 3,882,363
9. Applicable Fraction 100.0000% 100.0000% 100.0000%
10. Total Qualified Basis (Same as Part IX-C) 1,728,490 0 3,882,363

(Eligible Basis x Applicable Fraction)
11. Applicable Percentage 3.33% 0.00% 9.00%

(For 2011 9% competitive credits, use the March 2011 applicable percentages for acq.)
(For 9% non-competitive & tax exempt bonds, use the most recently published rates)
12. Maximum Allowable Credit under IRC §42 $57,559 $0 $349,413

(Qualified Basis x Applicable Percentage)
(Same as Part IX-C and equal to or more than $406,971
credit amount requested) Combined 30% & 70% P. V. Credit
v1.1.2011 Page 20
B. Sources of Funds
1. Construction Financing: List individually the sources of construction financing, including any such
loans financed through grant sources:
Date of Date of Amount of

Source of Funds Application Commitment Funds Name of Contact Person
1. Taxable Mortgage $1,350,000 John Hastings
2. SPARC Loan $950,000 John Hastings
3.
Commitments or letter(s) of intent attached (TAB T)
2. Permanent Financing: List individually the sources of all permanent financing in order of lien position:
Interest Amortization Term

Date of Date of Amount of Annual Debt Rate of Period of
Source of Funds Application Commitment Funds Service Cost Loan IN YEARS Loan (years)
1. Taxable Mortgage $1,350,000 $118,665 7.40% 25 25
2. SPARC Loan $950,000 $61,758 4.25% 25 25
3. $0 10 30
4. Assumed Reserves $289,010 $0 0.00% 1000 0
5. $0 $0 0.00% 1000 0
6. $0 $0 0.00% 1000 0
Totals: $2,589,010 $180,423
3. Grants: List all grants provided for the development:
Date of Date of Amount of

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

v1.1.2011 Page 21
4. Portion of Syndication Proceeds Attributable to Historic Tax Credit

Amount of Federal historic credits $0 x Equity % $0.00 $0
Amount of Virginia historic credits $0 x Equity % $0.00 $0
6. Equity that Sponsor will Fund:

Cash Investment $0
Contributed Land/Building $0 Assessment Attached (TAB S)
Deferred Developer Fee $19,269
Other: $0
Equity Total $19,269
7. Total of All Sources (B2 + B3 + B4 + B5 + B6) $2,608,279
(not including syndication proceeds except for historic tax credits)
8. Total Development Cost $5,641,917

(From VIII-A5)
9. Less Total Sources of Funds (From B7 above) $2,608,279
10. Equals equity gap to be funded with low-income tax credit

proceeds (must equal IX-D3) $3,033,638
C. Syndication Information (If Applicable)
1. Actual or Anticipated Name of Syndicator TBD

2. Contact Person Phone
3. Street Address
City State Zip
4. a. Total to be paid by anticipated users of credit (e.g., limited partners) $3,033,638

b. Equity Dollars Per Credit (e.g., $0.85 per dollar of credit) $0.85
c. Percent of ownership entity (e.g., 99% or 99.9%) 99.98%
d. Net credit amount anticipated by user of credits $356,899
e. Syndication costs not included in VIII-A5 (e.g., advisory fees) $0
5. Net amount which will be used to pay for Total Development Cost (4a-4e)
as listed in Part VIII-A5 (same amount as Part IX-D3) $3,033,638
6. Amount of annual credit required for above amounts

(same amount as Part IX-D6) $356,970
7. Net Equity Factor [C5 / (C6 X 10)]
(same amount as Part IX-D4) 84.98%
8. Syndication: Public or Private

9. Investors: Individual or Corporate
v1.1.2011 Page 22
D. Recap of Federal, State, and Local Funds/Any Credit Enhancements
1. Are any portions of the sources of funds described above for the development financed directly or indirectly
with Federal, State, or Local Government Funds? Yes No
If yes, then check the type and list the amount of money involved.
Below-Market Loans Market-Rate Loans
Tax Exempt Bonds $0 Taxable Bonds $1,350,000

RD 515 $0 Section 220 $0
Section 221(d)(3) $0 Section 221(d)(3) $0
Section 312 $0 Section 221(d)(4) $0
Section 236 $0 Section 236 $0
VHDA SPARC/REACH $950,000 Section 223(f) $0
HOME Funds $0 Other:
Other: $0
Other: $0
Grants Grants
CDBG $0 State $0
UDAG $0 Local $0
Other: $0
This means grants to the partnership. If you received a loan financed by a locality which received one of the
listed grants, please list it in the appropriate loan column as "other" and describe the applicable grant program
which funded it.
2. Subsidized Funding: list all sources of funding for points. Documentation Attached (TAB T)
Source of Funds Commitment date Funds

1. $0
2. $0
3. $0
4. $0
5. $0
3. Does any of your financing have any credit enhancement? Yes No

If yes, list which financing and describe the credit enhancement:
4. Other Subsidies Documentation Attached (TAB Q)

Real Estate Tax Abatement on the increase in the value of the development.
New project based subsidy from HUD or Rural Development for the greater of 5 or 10% of the units in the development.
Other Subsidies
5. Is HUD approval for transfer of physical asset required?

Yes No
E. For Transactions Using Tax-Exempt Bonds Seeking 4% Credits:

For purposes of the 50% Test, and based only on the data entered to this
application, the portion of the aggregate basis of buildings and land financed with
tax-exempt funds is: N/A
v1.1.2011 Page 23
IX. ADDITIONAL INFORMATION
A. Extended Use Restriction
NOTE: Each recipient of an allocation of credits will be required to record an extended use agreement as required by the
IRC governing the use of the development for low-income housing for at least 30 years. However, the IRC provides
that, in certain circumstances, such extended use period may be terminated early.
This development will be subject to the standard extended use agreement which permits early
termination (after the mandatory 15-year compliance period) of the extended use period.
This development will be subject to an extended use agreement in which the owner's right to any
early termination of the extended use provision is waived for 25 additional years after the 15-
year compliance period for a total of 40 years. Do not select if IX.B is checked below.
This development will be subject to an extended use agreement in which the owner's right to any
early termination of the extended use provision is waived for 35 additional years after the 15-
year compliance period for a total of 50 years. Do not select if IX.B is checked below.
B. Nonprofit/Local Housing Authority Purchase Option/Right of First Refusal
1. After the mandatory 15-year compliance period, a qualified nonprofit as identified in the
attached nonprofit questionnaire, or local housing authority will have the option to purchase
or the right of first refusal to acquire the development for a price not to exceed the outstanding
debt and exit taxes. Do not select if extended compliance is selected in IX.A above.
Option or Right of First Refusal in Recordable Form Attached (TAB V)

Enter name of qualified nonprofit:
2. A qualified nonprofit or local housing authority submits a homeownership plan committing to

sell the units in the development after the mandatory 15-year compliance period to tenants whose
incomes shall not exceed the applicable income limit at the time of their initial occupancy.
Do not select if extended compliance is selected in IX.A above.
Homeownership Plan Attached (TAB J)
v1.1.2011 Page 24
C. Building-by-Building Information Must Complete

Qualified basis must be determined on a building-by building basis. Complete the section below. Building street addresses are required by the IRS (must have them by the time of
allocation request).
NUMBER 30% Present Value 30% Present Value

OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
1. 12 208 View Drive $276,558 01/01/12 3.33% 9,209 $0 0.00% 0 $621,178 07/01/12 9.00% 55,906
2. 12 224 View Drive $276,558 01/01/12 3.33% 9,209 $0 0.00% 0 $621,178 07/01/12 9.00% 55,906
3. 12 234 View Drive $276,558 01/01/12 3.33% 9,209 $0 0.00% 0 $621,178 07/01/12 9.00% 55,906
4. 18 262 View Drive $432,123 01/01/12 3.33% 14,390 $0 0.00% 0 $970,591 07/01/12 9.00% 87,353
5. 12 278 View Drive $276,558 01/01/12 3.33% 9,209 $0 0.00% 0 $621,178 07/01/12 9.00% 55,906
6. 2 280 View Drive $86,425 01/01/12 3.33% 2,878 $0 0.00% 0 $194,118 07/01/12 9.00% 17,471
7. 4 284 View Drive $103,709 01/01/12 3.33% 3,454 $0 0.00% 0 $232,942 07/01/12 9.00% 20,965
8. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
9. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
10. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
11. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
12. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
13. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
14. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
15. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
16. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$1,728,490 $0 $3,882,363
$57,559 $0 $349,413
Qualified Basis Totals (must agree with VIII-A10)
Credit Amount Totals (must agree with VIII-A-12)
v1.1.2011 Page 25


TAX MARKET
17. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
18. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
19. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
20. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
21. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
22. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
23. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
24. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
25. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
26. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
27. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
28. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
29. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
30. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
31. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
32. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0
$0 $0 $0
v1.1.2011 Page 25 (2)



TAX MARKET
33. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
34. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
35. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
36. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
37. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
38. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
39. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
40. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
41. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
42. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
43. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
44. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
45. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
46. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
47. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
48. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0
$0 $0 $0
v1.1.2011 Page 25 (3)



TAX MARKET
49. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
50. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
51. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
52. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
53. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
54. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
55. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
56. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
57. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
58. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
59. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
60. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
61. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
62. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
63. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
64. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0
$0 $0 $0
v1.1.2011 Page 25 (3)



TAX MARKET
65. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
66. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
67. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
68. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
69. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
70. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
71. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
72. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
73. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
74. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
75. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
76. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
77. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
78. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
79. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
80. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0
$0 $0 $0
v1.1.2011 Page 25 (3)



TAX MARKET
81. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
82. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
83. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
84. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
85. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
86. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
87. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
88. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
89. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
90. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
91. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
92. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
93. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
94. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
95. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
96. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
$0 $0 $0
$0 $0 $0
v1.1.2011 Page 25 (3)

D. Determination of Reservation Amount Needed
The following calculation of the amount of credits needed is substantially the same as the calculation which will be made by VHDA to
determine, as required by the IRC, the amount of credits which may be allocated for the development. However, VHDA at all times retains the
right to substitute such information and assumptions as are determined by VHDA to be reasonable for the information and assumptions
provided herein as to costs (including development fees, profits, etc.), sources for funding, expected equity, etc. Accordingly, if the
development is selected by VHDA for a reservation of credits, the amount of such reservation may differ significantly from the amount you
compute below.
1. Total Development Costs (from VIII-A5, Column A page 20) $5,641,917
2. Less Total Sources of Funds (from VIII-B7 page 22) $2,608,279
3. Equals Equity Gap $3,033,638
4. Divided by Net Equity Factor (VIII-C7 page 22) 84.98%

(Percent of 10-year credit expected to be raised as equity investment)
5. Equals Ten-Year Credit Amount Needed to Fund Gap $3,569,700
Divided by ten years 10
6. Equals Annual Tax Credit Required to Fund the Equity Gap $356,970
7. The Maximum Allowable Credit Amount $406,971

(from VIII-A12-combined figure)
(This amount must be equal to or more than 6 above)
8. Reservation Amount (Lesser of 6 or 7 above)

Credit per Unit 4,958 Combined 30% & 70% PV Credit
Credit per Bedroom 2,100 $356,970

Comprised of
$57,558 and $299,412

30% PV Credit 70% PV Credit
(Based on same relative percentages as VIII-A12)
E. Attorney’s Opinion Goal Seek Function

Attached in Mandatory TAB W) If you incur the error message that your reservation amount is not equal
to the equity gap amount you may use the goal seek function within the Excel
spreadsheet to eliminate the error message. To use the “Goal Seek” function first
place the curser box on cell V28. Using the mouse arrow, point and click on
“Tools” on the top line and then click on the “Goal Seek” option. A box will
appear with the V28 cell shown in the top space, place the cursor in the middle
box and type in the new amount that you want the equity gap to be which should
be the reservation amount below, then place the cursor in the bottom space and at
the bottom of the page click on page 22. Then place the cursor on cell N15
(Deferred Developer Fee) and click on “OK”. A message should then appear that
a solution has been found and if the amount is correct click “OK”. If the amounts
are now equal the error message will disappear.
v1.1.2011 Page 26
F. Statement of Owner
The undersigned hereby acknowledges the following:
1. that, to the best of its knowledge and belief, all factual information provided herein or in connection
herewith is true and correct, and all estimates are reasonable.
2. that it will at all times indemnify and hold harmless VHDA and its assigns against all losses, costs,
damages, VHDA's expenses, and liabilities of any nature directly or indirectly resulting from, arising out of,
or relating to VHDA's acceptance, consideration, approval, or disapproval of this reservation request and
the issuance or nonissuance of an allocation of credits, grants and/or loan funds in connection herewith.
3. that points will be assigned only for representations made herein for which satisfactory documentation is
submitted herewith and that no revised representations may be made in connection with this application
once the deadline for applications has passed.
4. that this application form, provided by VHDA to applicants for tax credits, including all sections herein
relative to basis, credit calculations, and determination of the amount of the credit necessary to make the
development financially feasible, is provided only for the convenience of VHDA in reviewing reservation
requests; that completion hereof in no way guarantees eligibility for the credits or ensures that the amount
of credits applied for has been computed in accordance with IRC requirements; and that any notations
herein describing IRC requirements are offered only as general guides and not as legal authority.
5. that the undersigned is responsible for ensuring that the proposed development will be comprised of
qualified low-income buildings and that it will in all respects satisfy all applicable requirements of federal
tax law and any other requirements imposed upon it by VHDA prior to allocation, should one be issued.
6. that, for the purposes of reviewing this application, VHDA is entitled to rely upon representations of the
undersigned as to the inclusion of costs in eligible basis and as to all of the figures and calculations relative
to the determination of qualified basis for the development as a whole and/or each building therein
individually as well as the amounts and types of credit applicable thereof, but that the issuance of a
reservation based on such representation in no way warrants their correctness or compliance with IRC
requirements.
7. that VHDA may request or require changes in the information submitted herewith, may substitute its own
figures which it deems reasonable for any or all figures provided herein by the undersigned and may reserve
credits, if any, in an amount significantly different from the amount requested.
8. that reservations of credits are not transferable without prior written approval by VHDA at its sole
discretion.
v1.1.2011 Page 27
2011 LIHTC SELF SCORE SHEET:
Self Scoring Process
This worksheet is intended to provide you with an estimate of your application score based on the selection criteria described in the
QAP. Most of the data used in the scoring process is automatically entered below as you fill in the application. Other items,
denoted below in the green shaded cells, are items that are typically evaluated by VHDA’s staff during the application review and
feasibility analysis. For purposes of self scoring, it will be necessary for you to make certain decisions and assumptions about your
application and enter the appropriate responses in the green shaded cells of this score sheet. All but two require yes/no responses,
in which case enter Y or N as appropriate. Item 2b pertaining to the Local CEO Letter will require one of the following responses: Y
– the letter indicates unconditional support; N – the letter indicates opposition to the project; NC – no comment from the locality, or
any other response which is neither unconditional support nor opposition. Item 5e1 requires a numeric value to be entered. Please
remember that the score is only an estimate based on the selection criteria using the reservation application data and the
responses you’ve entered on this score sheet. VHDA reserves the right to change application data and/or score sheet responses
where appropriate, which may change the final score.
MANDATORY ITEMS: Score

a. Signed, completed application Y Y or N 0
b. Duplicate copy of application Y Y or N 0
c. Partnership agreement Y Y or N 0
d. SCC Certification Y Y or N 0
e. Previous participation form Y Y or N 0
f. Site control document Y Y or N 0
g. Architect's Certification Y Y or N 0
h. Attorney's opinion Y Y or N 0
i. Nonprofit questionnaire (if NP) N/A Y, N, N/A 0
0.00
1. READINESS:
a. Plan of development N 0 or 40 0.00
b. Zoning approval Y 0 or 40 40.00
Total: 40.00
2. HOUSING NEEDS CHARACTERISTICS:

a. VHDA notification letter to CEO Y 0 or -50 0.00
b. Local CEO letter (Y,NC,N) Y 0 or 25 or 50 50.00
c. Location in a revitalization area Y 0 or 30 30.00
d. Location in a Qualified Census Tract and revitalization area N 0 or 5 0.00
e. Sec 8 or PHA waiting list preference Y 0 or 10 10.00
f. Subsidized funding commitments 0.00% Up to 40 0.00
g. Existing RD, HUD Section 8 or 236 program Y 0 or 20 20.00
h. Tax abatement or new project based rental subsidy (HUD or RD) N 0 or 10 0.00
i. Census tract with <10% poverty rate, no tax credit units N 0 or 25 0.00
j. Development listed on the Rural Development Rehab Priority List N 0 or 15 0.00
k. Dev. located in area with little or no increase in rent burdened population Up to -20 0.00
l. Dev. located in area with increasing rent burdened population Up to 20 0.00
Total 110.00
3. DEVELOPMENT CHARACTERISTICS:
a. Unit size (See calculations below) Up to 100 100.00
b. Amenities (See calculations below) Up to 70 43.40
c. Project subsidies/HUD 504 accessibility for 5 or 10% of units N 0 or 50 0.00
or d. HCV payment standard/HUD 504 accessibility for 5 or 10% of units N 0 or 30 0.00
or e. HUD 504 accessibility for 4% of units Y 0 or 15 15.00
f. Proximity to public transportation Y10 0, 10 or 20 10.00
g. Development will be Earthcraft or LEED certified 0,15,30,45 30.00
h. VHDA Certified Property Management Agent Y 0 or 25 25.00
i. Units constructed to meet VHDA's Universal Design standards 0% Up to 15 0.00
j. Developments with less than 100 units Up to 20 11.20
Total 234.60
4. TENANT POPULATION CHARACTERISTICS:

a. <= 20% of units having 1 or less bedrooms Y 0 or 15 15.00
b. Percent of units with 3 or more bedrooms 36.11% Up to 15 15.00
Total 30.00
5. SPONSOR CHARACTERISTICS:
a. Developer experience - 3 developments with 3 x units or 6 developments with 1 x units Y 0 or 50 50.00
or b. Developer experience - 1 development with 1 x units N 0 or 10 0.00
c. Developer experience - uncorrected hazard N 0 or -50 0.00
d. Developer experience - noncompliance Enter Total Negative N 0 or -15 0.00
e1. Developer experience - did not build as represented Points Here: 0 0 or -x 0.00
e2. Developer experience - termination of credits by VHDA
v1.1.2011 N 0 or -10 0.00
f. Management company rated unsatisfactory N 0 or -25 0.00
Total 50.00
6. EFFICIENT USE OF RESOURCES:

a. Credit per unit If #N/A or #REF! appears in the score column of these point Up to 180 102.71
b. Cost per unit categories check spelling of Clerk's Office on pg 1. It must match Up to 75 45.98
Total exactly with the Jurisdiction names listed in the Application Manual. 148.68
7. BONUS POINTS: Locality AMI State AMI

a. Units with rents at or below 40% of AMI $49,200 $53,300 11% Up to 10 10.00
b. Units with rent and income at or below 50% of AMI 0% Up to 50 0.00
or c. Units with rents at or below 50% rented to tenants at or below 60% of AMI 100% Up to 25 0.00
or d. Units in Low Income Jurisdictions with rents <= 50% rented to tenants with <= 60% of AMI 100% Up to 50 50.00
e. Extended compliance 35 Years 40 or 50 50.00
or f. Nonprofit or LHA purchase option N 0 or 60 0.00
or g. Nonprofit or LHA Home Ownership option N 0 or 5 0.00
Total 110.00
500 Point Threshold - 9% Credits TOTAL SCORE: 723.28

475 Point Threshold - Tax Exempt Bond Credits
Unit Size Calculations:

E-AS LVG E-EFF E-1 BDRM E-2 BDRM
High Sq.Ft. / BDRM 0 0 0 0
Low Sq.Ft. / BDRM 0 0 0 0
Project Sq.Ft. / BDRM 0 0 0 0
Percentage of Units 0.00% 0.00% 0.00% 0.00%
Points per Bedroom 0.00 0.00 0.00 0.00
F-EFF-G F-1 BDRM-G F-2 BDRM-G F-3 BDRM-G

High Sq.Ft. / BDRM 0 0 835 1,000
Low Sq.Ft. / BDRM 0 0 675 800
Project Sq.Ft. / BDRM 0 0 998 1,217
F-4 BDRM-G F-2 BDRM-TH F-3 BDRM-TH F-4 BDRM-TH

High Sq.Ft. / BDRM 0 0 1,175 0
Low Sq.Ft. / BDRM 0 0 925 0
Project Sq.Ft. / BDRM 0 0 1,423 0
1 ST ELD-EFF 1 ST ELD-1 BDRM 1 ST ELD-2 BDRM If you do not receive a numeric po

High Sq.Ft. / BDRM 0 0 0 in the unit size calculations, pleas
Low Sq.Ft. / BDRM 0 0 0 check the values entered on page
Project Sq.Ft. / BDRM 0 0 0 These must be whole number num
Percentage of Units 0.00% 0.00% 0.00% values only. Also check page 7, it
Points per Bedroom 0.00 0.00 0.00 the number of units must be eithe
adapt or rehab only. Combination
Total Unit Size Points: 100.00 not calculate correctly.
Amenities:
All units have:
a. 1.5 or 2 Bathrooms 0.00% 0.00
b. Community Room 5.00
c. Brick Walls 72.00% 14.40
d. Kitchen/Laundry Appl-Energy Star 5.00
e. Windows-Energy Star 5.00
f. Heat/AC-SEER-AFUE 10.00
g. Sub-metered water expense 0.00
h. Low flow faucets & showerheads 3.00
i. High speed cable, DSL, wireless internet 1.00
j. Water heaters meet EPA Energy Star requirements 0.00
k. Geothermal Heat Pump - EPA Energy Star requirements 0.00
l. Solar Electric System - EPA Energy Star requirements 0.00
Total 43.40
All elderly units have:
a. Front-control ranges 0.00
b. Emergency call system 0.00
c. Independent/suppl. heat source 0.00
d. Two eye viewers 0.00
Total 0.00
All v1.1.2011
rehab or adaptive reuse units:
b. Historic structure 0.00
Total amenities: 43.40
v1.1.2011
$/SF = $65.98 Credits/SF = $4.53 Const $/unit = $28,919
TYPE OF PROJECT FAMILY = 11000; ELDERLY = 12000 11000 If an ERROR message appears here check
LOCATION BELT=100; NVM=110; NVNM=200; RIC=300; TID=400; SMA=500; SMA-C=510; RUR=600 600 spelling of Clerk's Office on pg 1. It must 600
TYPE OF CONSTRUCTION N C=1; ADPT=2;REHAB(35,000+)=3; REHAB*(15,000-35,000)=4 4 match exactly with the Jurisdiction names 4
*REHABS LOCATED IN BELTWAY ($15,000-$50,000) See Below listed in the Application Manual.
ELDERLY
AS LVG EFF-E 1 BR-E 2 BR-E EFF-E-1 ST 1 BR-E-1 ST 2 BR-E-1 ST
AVG UNIT SIZE 0 0 0 0 0 0 0
NUMBER OF UNITS 0 0 0 0 0 0 0
PARAMETER-(COSTS=>35,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS<35,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS=>50,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS<50,000) 0 0 0 0 0 0 0
COST PARAMETER 0 0 0 0 0 0 0
PROJECT COST PER UNIT 0 0 0 0 0 0 0
PARAMETER-(CREDITS=>35,000) 0 0 0 0 0 0 0
PARAMETER-(CREDITS<35,000) 0 0 0 0 0 0 0
CREDIT PARAMETER 0 0 0 0 0 0 0
PROJECT CREDIT PER UNIT 0 0 0 0 0 0 0
COST PER UNIT POINTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CREDIT PER UNIT POINTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
FAMILY
EFF-G 1 BR-G 2 BR-G 3 BR-G 4 BR-G 2 BR-TH 3 BR-TH 4 BR-TH
AVG UNIT SIZE 0 0 998 1,217 0 0 1,423 0
NUMBER OF UNITS 0 0 46 20 0 0 6 0
PARAMETER-(COSTS=>35,000) 0 0 223,323 260,986 0 0 221,858 0

PARAMETER-(COSTS<35,000) 0 0 74,925 87,561 0 0 78,168 0
PARAMETER-(COSTS=>50,000) 0 0 223,323 260,986 0 0 221,858 0

PARAMETER-(COSTS<50,000) 0 0 74,925 87,561 0 0 78,168 0
COST PARAMETER 0 0 178,200 208,253 0 0 178,166 0

PROJECT COST PER UNIT 0 0 65,826 80,285 0 0 93,873 0
PARAMETER-(CREDITS=>35,000) 0 0 13,290 15,531 0 0 16,490 0

PARAMETER-(CREDITS<35,000) 0 0 5,063 5,917 0 0 6,282 0

CREDIT PARAMETER 0 0 10,788 12,608 0 0 13,386 0

PROJECT CREDIT PER UNIT 0 0 4,521 5,515 0 0 6,448 0
COST PER UNIT POINTS 0.00 0.00 30.22 12.80 0.00 0.00 2.96 0.00
CREDIT PER UNIT POINTS 0.00 0.00 66.80 28.13 0.00 0.00 7.77 0.00
TOTAL COST PER UNIT POINTS 45.98
TOTAL CREDIT PER UNIT POINTS 102.71
v1.1.2011
$/SF = $65.98 Credits/SF = $4.53 Const $/unit = $28,919
TYPE OF PROJECT FAMILY = 11000; ELDERLY = 12000 11000 If an ERROR message appears here check
LOCATION BELT=100; NVM=110; NVNM=200; RIC=300; TID=400; SMA=500; SMA-C=510; RUR=600 600 spelling of Clerk's Office on pg 1. It must 600
TYPE OF CONSTRUCTION N C=1; ADPT=2;REHAB(35,000+)=3; REHAB*(10,000-35,000)=4 4 match exactly with the Jurisdiction names 4
*REHABS LOCATED IN BELTWAY ($10,000-$50,000) See Below listed in the Application Manual.
ELDERLY
AS LVG EFF-E 1 BR-E 2 BR-E EFF-E-1 ST 1 BR-E-1 ST 2 BR-E-1 ST
AVG UNIT SIZE 0 0 0 0 0 0 0
NUMBER OF UNITS 0 0 0 0 0 0 0
PARAMETER-(COSTS=>35,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS<35,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS=>50,000) 0 0 0 0 0 0 0
PARAMETER-(COSTS<50,000) 0 0 0 0 0 0 0
COST PARAMETER 0 0 0 0 0 0 0
PROJECT COST PER UNIT 0 0 0 0 0 0 0
CREDIT PARAMETER 0 0 0 0 0 0 0
PROJECT CREDIT PER UNIT 0 0 0 0 0 0 0
COST PER UNIT POINTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CREDIT PER UNIT POINTS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
FAMILY
EFF-G 1 BR-G 2 BR-G 3 BR-G 4 BR-G 2 BR-TH 3 BR-TH 4 BR-TH
AVG UNIT SIZE 0 0 998 1,217 0 0 1,423 0
NUMBER OF UNITS 0 0 46 20 0 0 6 0
PARAMETER-(COSTS=>35,000) 0 0 223,323 260,986 0 0 221,858 0

PARAMETER-(COSTS<35,000) 0 0 74,925 87,561 0 0 78,168 0
PARAMETER-(COSTS=>50,000) 0 0 223,323 260,986 0 0 221,858 0

PARAMETER-(COSTS<50,000) 0 0 74,925 87,561 0 0 78,168 0
COST PARAMETER 0 0 187,224 218,800 0 0 186,905 0

PROJECT COST PER UNIT 0 0 65,826 80,285 0 0 93,873 0


CREDIT PARAMETER 0 0 11,289 13,192 0 0 14,007 0

PROJECT CREDIT PER UNIT 0 0 4,521 5,515 0 0 6,448 0
COST PER UNIT POINTS 0.00 0.00 31.07 13.19 0.00 0.00 3.11 0.00
CREDIT PER UNIT POINTS 0.00 0.00 68.94 29.10 0.00 0.00 8.09 0.00
TOTAL COST PER UNIT POINTS 47.37
TOTAL CREDIT PER UNIT POINTS 106.13
v1.1.2011
TAB A
(Documentation of Development Location)
TAB A.1
(Qualified Census Tract Certification)
Qualified Census Tract Certification
Development Name: Southview Village

Tracking #: 2011-C-60
1. General Instructions
• This Certification must be included with the Application (by Application Deadline,
3/12/11).
• The Owner/Developer completes this Certification.
• Any change in this form may result in a reduction of points under the scoring system. If
you have any questions, please call Jim Chandler at VHDA (804) 343-5786.
2. Definition of Qualified Census Tract

Pursuant to §42(d)(5)(C)(ii) of the IRC, a qualified census tract is, “(I) Any census tract
which is designated by the Secretary of Housing and Urban Development and, for
the most recent year for which census data are available on household income in
such tract, either in which 50% or more of the households have an income which is
less than 60% of the area median gross income (AMGI) for such year or which has a
poverty rate of at least 25%. If the Secretary of Housing and Urban Development
determines that sufficient data for any period are not available to apply this clause
on the basis of census tracts, such Secretary shall apply this clause for such period on
the basis of enumeration districts. (II) The portion of a metropolitan statistical area
(MSA) which may be designated shall not exceed an area having 20% of the
population of such MSA. (III) Each MSA shall be treated as a separate area and all
non-metropolitan areas in a State shall be treated as one area.”
3. Census Tract #(s):

9903.00
To determine the development’s census tract, go to http://map.sba.gov/hubzone/init.asp and

put in the development address or county. The census tract number will be revealed
after pressing the “search” button. On a rare occasion, when a development spans
more than one census tract, this website may show incomplete information. IF the
subject development is across census tracts, please list each census tract by number
and provide supporting documentation.
Attach a map showing census tract boundaries and the development’s location!
4. Property Description
Attach a property description, e.g. building address, legal description, etc.
SBA HUBZone Locator Page 1 of 2
Address-Town-County Text-Only
U.S. Map Help
Search Version
DETERMINATION OF WHETHER AN ADDRESS IS IN A HUBZONE
252 View Drive, Marion VA, 24354 is located in Smyth, VA 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 information on why the address was found to be in a HUBZone Area.
User can also define

display area by employing
the dragging function of
the mouse/cursor.
Dragging can be used to
recenter the map.
BASIS OF HUBZONE DETERMINATION
Is the address located in a Metropolitan Area? NO

County Income $30,083.00
State Income $32,554.32
Income Ratio 92.4%
Is the address located in a qualified non-metropolitan county in which
the median household income is less than the 80% of the non- NO
metropolitan state median household income?
County Unemployment 6.2%
State Unemployment 4.0%
U.S. Unemployment 5.8%
http://map.sba.gov/hubzone/hzqry.asp 2/26/2011
SBA HUBZone Locator Page 2 of 2
Unemployment Ratio 155.0%

Is the address located in a qualified non-metropolitan county in which
the unemployment rate is not less than the 140% of the statewide average YES
unemployment rate for the state in which the county is located?
Is the address located in a BRAC Commission-closed former military
NO
base?
Is the address located in a Difficult Development Area? NO
Is the address located in an Indian Country area? NO
If your firm's principal office is located in this area which is qualified as a HUBZone (Principal office means the location
where the greatest number of the 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 (include either City & State or ZIP Code - omit
address to zoom map to a city or ZIP code area) County
Street Address: County:
City & State: State:
ZIP Code:
Search Reset
Search Reset
http://map.sba.gov/hubzone/hzqry.asp 2/26/2011
FFIEC Geocoding System Page 1 of 1
Help on Data FFIEC Census Report Back to Geocode Search Contact Us Privacy Policy Disclaimer FFIEC Main
Geocoding System
Geocode Search Result for 2010 HMDA/CRA Reporting
Street Address 252 VIEW DR MSA/MD Code NA
City Name MARION State Code 51
State Abbreviation VA County Code 173
Zip Code 24354 Tract Code 9903.00
MSA/MD Name: NA (Outside of MSA/MD)

State Name: VIRGINIA
County Name: SMYTH COUNTY
Get Census Demographic Get Street Map
Last update: 08/04/2010 07:30 AM
Maintained by the FFIEC. For suggestions regarding this site, Contact Us.
http://www.ffiec.gov/Geocode/Geocodesearch.aspx?parmString=GRW3jXB3Kj0MPwb5... 2/26/2011
FFIEC Geocoding System Page 1 of 1
2010 Information
Street Address 252 VIEW DR
City Name MARION
State Abbr VA
Zip Code 24354
MSA/MD Code NA
State Code 51
County Code 173
Tract Code 9903.00
Get Census Demographic
Print Map
Note: Click the map -- Re-center Map
http://maps.ffiec.gov/FFIECMapper/TGMapSrv.aspx?street_address=252+VIEW+DR&St... 2/26/2011
TAB A.2
(Revitalization Area Certification)
Smyth County Board of Supervisors
121 Bagley Circle, Suite 100, Marion, VA 24354
Phone (276) 783-3298 Fax (276) 783-9314
www.smythcounty.org U
Michael L. Carter Scott R. Simpson

County Administrator Assistant County Administrator
March 1, 2011
Jim Chandler
Richmond, Virginia 23220
VHDA Tracking Number: 2011-C-60

Development Jurisdiction: Smyth County
Name of Owner/Applicant: Southview Preservation, L.P.
Dear Mr. Chandler:
I certify that the above-referenced development is located in a Revitalization

Area in my jurisdiction. A “revitalization area” is any area that is (i) either (1)
blighted, deteriorated, deteriorating or, if not rehabilitated, likely to deteriorate
by reason that the buildings, improvements or other facilities in such area are
subject to one or more of the following conditions- dilapidation, obsolescence,
overcrowding, inadequate ventilation, light or sanitation, excessive land
coverage, deleterious land use, or faulty otherwise inadequate design, quality or
condition, or (2) the industrial, commercial or other economic development of
such area will benefit the city or county but such area lacks the housing needed
to induce manufacturing, industrial, commercial, governmental, educational,
entertainment, community development, healthcare or nonprofit enterprises or
undertakings to locate or remain in such area; and (ii) private enterprise and
investment are not reasonably expected, without assistance, to produce the
construction or rehabilitation of decent, safe and sanitary housing and
supporting facilities that will meet the needs of low and moderate income
persons and families in such area and will induce other persons and families to
live within such area and thereby create a desirable economic mix of residents
in such area.
I understand that this Certification will be used by the Virginia Housing

Development Authority to determine whether the development qualifies for
points available under VHDA’s Qualified Allocation Plan.
Michael L. Carter
Smyth County Administrator
Saltville District North Fork District Chilhowie District Park District Atkins District Royal Oak District Rye Valley District
Roscoe D Call CC “Charlie” Clark Jr. Wade H Blevins Jr. M Todd Dishner Brenda J Waddell Regina H Davidson Darlene R Neitch
TAB A.2
(Surveyor’s Certification of Proximity To Public Transportation)
TAB A.2
(Location Map)
Map of 252 View Dr, Marion, Virginia | MapQuest Page 1 of 1
Notes
Map of:
252 View Dr
Marion, VA 24354-9644
©2011 MapQuest - Portions ©2011 , Intermap
All rights reserved. Use subject to License/Copyright
Directions and maps are informational only. We make no warranties on the accuracy of their content, road conditions or route usability or
expeditiousness. You assume all risk of use. MapQuest and its suppliers shall not be liable to you for any loss or delay resulting from your use of
MapQuest. Your use of MapQuest means you agree to our Terms of Use
http://www.mapquest.com/print?a=app.core.c2270e0b335a6f911d94579e 2/26/2011
TAB B
(Partnership or Operating Agreement)
State of Delaware
Secretary of State
Division of Corporations
Delivered 05:44 PM 02/02/2011
FILED 05:13 PM 02/02/2011
SRV 110110329 - 4935311 FILE
CERTIFICATE OF LIMITED PARTNERSHIP
OF
SOUTHVIEW PRESERVATION, L.P.
1. Name. The name of the Partnership is Southview Preservation, L.P.
2. Registered Office and Registered Agent. The registered office of the

Partnership in the State of Delaware is located at Corporation Service Company, 2711
Centerville Road, Suite 400, City of Wilmington, County of New Castle, Delaware
19808. The name of the registered agent of the Partnership for service of process at such
address is the Corporation Service Company.
3. Name and Address of the General Partner. The name and business
address of each General Partner of the Partnership is as follows:
Southview Preservation GP, LLC

60 Columbus Circle
New York, New York 10023
IN WITNESS WHEREOF, the undersigned have duly executed this Certificate

as of this 2nd day of February, 2011.
Southview Preservation GP, LLC,

a general partner
By: IvU
Name: Michael H. Orbison
Tide: Authorized Person
61095,Y!
Delaware PAGE I
The First State
I, JEFFREY W. BULLOCK, SECRETARY OF STATE OF THE STATE OF

DELAWARE, DO HEREBY CERTIFY THE ATTACHED IS A TRUE AND CORRECT
COPY OF THE CERTIFICATE OF LIMITED PARTNERSHIP OF "SOUTHVIEW
PRESERVATION, L.P.", FILED IN THIS OFFICE ON THE SECOND DAY OF
FEBRUARY, A.D. 2011, AT 5:13 O'CLOCK P.M.
Jeffrey wr Bulloa,secmtary astate

4935311 8100 ,. AUTHEN TION: 8536771
?-28-..6 ..4,`"
110110329 AtAwS'z'& DATE: 02-02-11
You may verify this certificate online ---
at corp. delaware . gov/authver . shtml
State of Delaware
Secretary of State
Division of Corporations
Delivered 05:44 PM 02/02/2011
FILED 05:13 PM 02/02/2011
SRV 110110329 - 4935311 FILE
CERTIFICATE OF LIMITED PARTNERSHIP
OF
SOUTHVIEW PRESERVATION, L.P.
1. Name. The name of the Partnership is Southview Preservation, L.P.
2. Registered Office and Registered Agent. The registered office of the

Partnership in the State of Delaware is located at Corporation Service Company, 2711
Centerville Road, Suite 400, City of Wilmington, County of New Castle, Delaware
19808. The name of the registered agent of the Partnership for service of process at such
address is the Corporation Service Company.
3. Name and Address of the General Partner. The name and business
address of each General Partner of the Partnership is as follows:
Southview Preservation GP, LLC

60 Columbus Circle
New York, New York 10023
IN WITNESS WHEREOF, the undersigned have duly executed this Certificate

as of this 2nd day of February, 2011.
Southview Preservation GP, LLC,

a general partner
By: IvU
Name: Michael H. Orbison
Tide: Authorized Person
61095,Y!
Southview
SouthviewL.P.
Preservation,
Preservation, L.P.
Southview
Southview Mark
Mark Carbone
Carbone
Preservation
Preservation GP,
GP, LLC
LLC 99.99%
99.99% Initial
Initial Limited
Limited Partner
Partner
.01%
.01% General
General Partner
Partner
RAP,
RAP, LLC
LLC MRAP,
MRAP, LLC
LLC Affordable
Affordable Holdings,
Holdings, LLC
LLC
69%
69%Member
Member 16%
16%Member
Member 5%
5%Member
Member
The
The Related
Related Companies,
Companies, LP
LP Mark
Mark E.
E. Carbone
Carbone Matthew
MatthewFinkle
Finkle
100%
100%Member
Member 100%
100%Member
Member 100%
100%Member
Member
Stephen
Stephen Ross
Ross Jeff
Jeff Blau
Blau Bruce
Bruce Beal
Beal Michael
Michael Brenner
Brenner
86.5%
86.5% Member
Member 8%
8%Member
Member 4.5%
4.5% Member
Member 1%
1%Member
Member
2/26/2011
TAB C
(VA SCC Certification)
TAB D
(Principal’s Previous Participation Certification)
TAB F
(Architect’s Certification)
@
-vHDA t.ni.d,h\) l{ortba Sttb lka'
INSTRUCTIONS FOR THE COMPLETION OF

APPENDIX F
ARGH ITECT'S CERTI FICATION
(This Form Must Be Submitted Under Architect's Letterhead

and included in the Application - Tab F)
NOTE,,,1f the-develcpment:includes any Cornbination of New C'onstruction,, Reha,bilitation or

Adaptive Reuse, then separate Architect Cefiifications must be provided for each construction type.
The proper completion of this certification is critical to calculate the average unit square
feet and net rentable square feet of each unit type, to document amenity items for which points
will be awarded, and to calculate certain elements of the efficient use of resources points.
lf this certification is not completed correctly there may be loss of points or disqualification of the
application to compete for tax credits. lf this development receives an allocation of tax credits and
items are not provided as indicated on this certification then VHDA mav. at its sole option. require
the pavment bv the Owner of an amount up to 10% of the Total Development Cost (as set forth in
the Application) of the development as liquidated damaqes for such violation or the total loss of
credits mav result. Therefore, it is imperative that this certification reflect the true and accurate intent
of what will be provided in return for an allocation of tax credits.
Each section of this certification contains instructions on how the information should be provided.
For Unit Size Calculations, the Average Unit Square Feet and Net Rentable Square Feef should be listed
to two (2) decimal places. The number of units indicated should be only the units for which rent will be
collected. For Average Unit Square Feef calculations, the Total Square Feet should equalthe Average
Unit Square Feet multiplied by the Number of Units/Type. The total at the bottom of the Total Square
Feet column should equal item (D) on the same page of the certification, or be within 1 digit due to
rounding. The total at the bottom of the Number of Units/Type column should equal the number of units
in the tax credit application.
Accessibility certifications on page 8 are for tax credit point categories only and are not to be
confused with minimum code requirements.
The architect signing this document is certifying that all unit and site amenities indicated in this
certification are incorporated into the development plans and specifications and unit-by-unit work
write-up, and that all products necessary to fulfill these representations are available for these purposes.
The individualwho certifies this information must initialthe pages where indicated, provide
the personal information requested and sign on the last page. This certification should not be
mailed separately to VHDA but returned to the developer for inclusion in the tax credit application.
v1 .1 .2011
Printed Nqme: Richard J. Funk, Jr
dBF Associates, Archirects
PO. Box 78 Charloftesvjile, Virginia 22902 (434\977-2791
TO: Virginia Housing Development Authority

Richmond, Virginia 23220- 6500
Attention: Jim Chandler
RE: ARCHITECT'S CERTIFICATION

Name of Development: Southview
SouthviewApartments
Apartments
Address of Development:252 View Drive,
Marion, Marion, Virginia
Virginia
Name of Owner/Applicant: Southview presurr"E
Southview Preservation, L.P ,
.,r, T, -p -
The above-referenced Owner has asked our office to provide this certification regarding (i)
plans and specifications, (ii) the development square footages, average unit square footages and net rental square
footages, (iii) the amenities the development will have upon completion, and (iv) federal and state requirements
pertaining to development accessibility for persons with disabilities. This certification is rendered solely for the
confirmation of these items. It is understood it will be used by the Virginia Housing Development Authority solely
for the purpose of determining whether the Development qualifies for points available under VHDA's eualified
Allocation Plan for housing tax credits and future consequences for failure to provide items certified below.
Plans and Specifications:
Required documentation for all properties (new construction, rehabilitation and adaptive reuse)
I A location map with property clearly defined.
2 Sketch plan of the site showing overall dimensions of main building(s), maior site elements
(e.g., parking lots and location of existing utilities, and water, sewer, electric,
gas in the streets adjacent to the
site). Contour lines and elevations are not required.
3 Sketch plans of main building(s) reflecting overall dimensions of:
a. Typical floor plan(s) showing apartment types and placement
b. Ground floor plan(s) showing common areas;
c. Sketch floor plan(s) of typical dwelling unit(s);
d. Typical wall section(s) showing footing, foundation, wall and floor structure.
Notes must indicate basic materials in structure, floor and exterior finish.
In addition: required documentation for rehabilitation properties

A unit-by-unit work write-up.
,rrrr"tr(@
v1 .1 .2011
ARCHITECT'S CERTIFICATION, continued
r€rtificatioh in-ludes,two t2)-apar calcrllatibns of squaie,toot . ' :i

l.
- .
Average Unit Square Feet: Measurements Include A Prorata Share of Heated Residential Common Area
2. Nei Reqlable Square Feet: Measuremen ts Do Not Include A Prorata Share of Any Common Area
aadrReflect All Ft0or P s of Each Unit type (l-BR,,2-BR, etci)
1. Average Unit Square Feet: (These measurements impact the scoring of tax credit applications)
For purposes of determining the usable residential heated square feet, the building(s) were measured from the
outside face of exterior walls and the centerline of any party walls. All unheated spaces and stairwells
which are no more than heated breezeways and nonresidential, income producing commercial spaces were
subtracted from this measurement. Community roonx, laundry rooms, property management offices and
apartments, heated maintenance facilities, and other common space designed to serve residential tenants were
not deducted. Based on this procedure, I certify the following calculations in determining the usable heated
square feet for the above referenced development:
83,787.00 (A) Total floor area in (sq. ft.) for the entire development
5,019.00 (B) Unheated floor area (breezeways, balconies, storage)
0.00 (C) Nonresidential, commercial (income producing) area
78.768.00 (D) Total usable residential heated area (sq. ft.) for the development
INSTRUCTIONS FOR AVERAGE IJI{IT SQUARE FEET CALCTLATIONS:

Provide the average unit size for each bedroom type, (L bedroom elderly, 2 bedroom garden, 3
bedroom townhouse, etc.) by adding the total square feet of all the same bedroom types (2 bedroom
garden with 1 bath and 2 bedroom garden with 2 baths) and adding the prorated share of heated
common residential space and divide by the total number of the same bedroom types (2 bedroom
garden). Do not alter any items below.
Average Number of Total

Unit Types Unit Sq. Fr.x x Units/Type Square Feet
Assisted Living 0.00 0 0.00

1 Story/EFF-Elderly 0.00 0.00
1 Story/l BR-Elderly 0^00 0.00
I Story12 BR-Elderly 0.00 0.00
Efficiency Elderly 0^00 0.00
1 Bedroom Elderly 0^00 0.00
2 Bedrooms Elderly 0.00 0.00
Efficiency Garden 0.00 0.00
1 Bedroom Garden 0.00 0.00
2 Bedrooms Garden 997.70 45,894.20
3 Bedrooms Garden t,216.85 20 24,337.00
4 Bedrooms Garden 0.00
2* Story 2 BR Townhouse 0.00
2* Story 3 BR Townhouse 1,422.80 8,536.80
2* Story 4 BR Townhouse 0.00 0.00
Total 72 78,768.00
x Including pro rata share of heated, residential common area
v1 .1 .2011
Initiars?W
ARCHITECT'S CERTIFICATION, conrinued
2. Net Rentable Square

For purposes of calculating Net Rentable Square Feet, the units were measured from the face of each interior wall. The
values below therefore indicate the actual square footage of each unit floor plan. (For example, there may be 2 distinct
1-bedroom floor plans, 3 distinct 2-bedroom floor plans, etc. The purpose of this section of the Architect Certification is to
document and certify the floor space attributable to residential rental units in the development.)
Percentage of Net Rentable Square Feet Deemed To BeNew Rental Space o.o0%
Floor Plan Number of Units

Unit Type Square Feet This Floor Plan Total
Efficiency 0.00 0 0.00

Efficiency 0.00 0.00
Etficiency 0.00 0.00
1 Bedroom 0.00 0.00

I Bedroom 0.00 0.00
I Bedroom 0"00 0.00
1 Bedroom 0.00 0.00
1 Bedroom 0.00 0.00
I Bedroom 0^00 0.00
1 Bedroom 0.00 0.00
1 Bedroom 0.00 0.00
I Bedroom 0.00 0.00
1 Bedroom 0.00 0.00
I Bedroom 0.00 0.00
I Bedroom 0J0 0.00
I Bedroom 0.00 0,00
I Bedroom 0.00 0.00
I Bedroom 0.00 0.00
,rrrr^rrW
v1 .1 .2011
(Net Rentable Square Feet continued)
2 Bedroom 869.00 34 29,546.00

2 Bedroom 988.00 I2 11,856.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0'00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0-00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
2 Bedroom 0.00 0.00
3 Bedroom 1, 1 96.00 7,116.00

3 Bedroom 1,063.00 20 21,260.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0^00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0-00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
3 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00

4 Bedroom 0.00 0.00
4 Bedroom 0'00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0^00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0-00 0.00
4 Bedroom 0.00 0.00
4 Bedroom 0.00. 0.00
Total: l2 69,778.00
v1 .1 .2011
Development Amenities:
I certify that the development's plans and specifications, work write-up, and proposed budget
incorporate all items from VHDA's most current Minimum Design and Construction Requirements.
In the event the plans and specifications and/or work write-up do not include VHDA Minimum Design
and Construction Requirements, then those requirements still must be met, even though the application
is accepted for credits. Please note that this may cause the Application to be ineligible for credits.
The Requirements apply to any new, adaptive reuse or rehabilitated development
(including those serving elderly and/or physically disabled households).
The Minimum Design & Construction Requirements may be found on VHDA's website at
wvw.vhda.com.
For any development upon completion of construction/rehabilitation; (non-mandatory amenities)
0 %a.(1) Percentage of 2 bedroom units that will have 1.5 or more bathrooms
O %a.(2) Percentage of 3 or more bedroom units that will have 2 or more bathrooms
I b. The development will have a community/meeting room with a minimum of '749 square feet.
72 % c. Percentage of exterior walls covered by brick (excluding triangular gable end area,
doors windows and retaining walls)
E d. All kitchen and laundry appliances meet the EPA's Energy Star qualified program
requirements
p] e. All windows meet the EPA's Energy Star qualified program requirements
E f. Every unit in the development is heated and cooled with either (i) heat pump equipment with
both a SEER rating of 15.0 or more and a HSPF rating of 8.5 or more, or (ii) air conditioning
equipment with a SEER rating of 15.0 or more, combined with gas furnaces with an AFUE
rating of 9O% or morc
I g. Water expense will be sub-metered (tenant will pay monthly or bi-monthly bill)
E h. Each bathroom consists only of low-flow faucets (2.2 gpm maximum) and
showerheads (2.5 gpm maximum)
E i. Provide necessary infrastructure in all units for high speed cable, DSL or
wireless internet service
D j. All water heaters will meet the EPA's Energy Star qualified program requirements.
tr k. Every unit in the development will be heated and cooled with a geothermal heat pump that meets the
EPA's Energy Star qualified program requirements
n l. The development will have a solar electric system that will remain unshaded year round, be oriented
to with 15 degrees of true south, and be angled horizontally within 15 degrees of latitude
Expected Total Electrical Load (kilowatt hours per month): t-- o-l
Percent of Expected Load Offset By Solar Electric System: l-oro% I
,"ntu,rfrfl
v1 .1 .2011
For all developments exclusively serving elderly and/or handicapped tenants, upon completion of
construction/rehabilitation : (non-mandatory amenities)
n a. All cooking ranges will have front controls

I b. All units will have an emergency call system
n c. All bathrooms will have an independent or supplemental heat source
n d. All entrance doors have two eye viewers, one at 48" and the other at standard
height
For all rehabilitation and adaptive reuse developments, upon completion of construction/ rehabilitation:
(non-mandatory)
tr The structure is listed individually in the National Register of Historic Places or

is located in a registered historic district and certified by the Secretary ofthe
Interior as being of historical significance to the district, and the rehabilitation will
be completed in such a manner as to be eligible for historic rehabilitation tax
credits
Building Structure:
Number of Stories
E Low-Rise (1-5 stories with an)z structural elements being wood frame construction)
! Mid-Rise (5-7 stories with no structural elements being wood frame construction)
! High-Rise (8 or more stories with no structural elements being wood frame construction)
,",,,",rYl@
v1 .1 .2011
Accessibility:
I certify that the development plans and specifications meet all requirements of the federal
Americans With Disabilities Act.
I certify that the development plans and specifications meet all requirements of HUD regulations
interpreting the accessibility requirements of section 504 of the Rehabilitation Act. Please reference
Uniform Federal Accessibility Standards (UFAS) for more particular information.
Check one or none of the following point categories, as appropriate:
tr For any non-elderly property, or any elderly rehab property, in which the greater of 5 or l0% of the units will
be subject to federal project-based rent subsidies or equivalent assistance in order to ensure occupancy by
extremely low-income persons; and (ii) the greater of 5 or l0% of the units will conform to HUD regulations
interpreting accessibility requirements of section 504 of the Rehabilitation Act and be actively marketed to
people with special needs in accordance with a plan submitted as part of the Application for credits. (All of
the units described in (ii) above must include roll-in showers, roll under sinks and fiont controls for ranges,
unless agreed to by the Authority prior to the applicant's submission of its application.) 50 pts.
tr For any non-elderly property, or any elderly rehab property, in which the greater of 5 or I0% of the units
(i) have rents within HUD's Housing Choice Voucher ("HCV") payment standard; (ii) conform to HUD
regulations interpreting accessibility requirements of section 504 of the Rehabilitation Act; and (iii) are
actively marketed to people with mobility impairments, including HCV holders, in accordance with a plan
submitted as part the Application. 30 pts.
E For any non-elderly property, or any elderly rehab property, in which at least four percent (4%) of the units
conform to HUD regulations interpreting accessibility requirements of section 504 of the Rehabilitation Act
and are actively marketed to people with mobility impairments in accordance with a plan submitted as part of
the Application. 15 pts.
As architect of record fbr the above referenced development, the above certifications are
correct to the best of my knowledge.
Signed:
Printed Name: Richard J. Funk, Jr-

Title: Vice-President
Virginia Registration #: #7 423
Phone: (434) 977-279r
Date: 3/B/rr
NOTE TO ARCHITECT: Any change in this form may result in disqualification or a

reduction of points under the scoring system. If you have any questions, please call Jim
Chandler at \TIIDA (804) 343-5786.
Return this certification on Architect's Letterhead to the developer for inclusion in the
tax credit application package.
v1 .1 .2011
Appendix F - VHDA's Universal Design Standards Certification
E Units in the development will meet VHDA's Universal Design Standards.

Before issuance of IRS Form 8609, applicant will provide documentation to VHDA as
evidence that such units meet VHDA's Universal Design standards.
The number of rental units that will meet these standards:
The total number of rental units in this development: 72
NOTE: For Elderly Developments, l0O% of the units in the development must meet the
Universal Design standards in order to qualify for points.
For Family Developments, points are awarded based on a percentage of the

number of units meeting the Universal Design standards.
For the tax credit applicant to qualify for points associated with Universal Design,
the architect of record must on VHDA's list of Universal Design certified architects.
v1 .1 .2011
Appendix F - EarthCraft or LBED Certification of Development
* Earthcraft Certification - The development's design meets the criteria for EarthCraft
certification. Architect understands that before issuance of IRS Form 8609, applicant will obtain
and provide Earthcraft Certification to VHDA.
! New Construction - 15% more energy efficient than the 2004 International Energy Conservation Code
n New Construction - 20% more energy efficient than the 2004 International Energy Conservation Code
n New Construction - 25% morc energy efficient than the 2004 International Energy Conservation Code
n Rehab - 30% more energy efficient post-rehabilitation as measured by Earthcraft
E Rehab - 40% more energy efficient post-rehabilitation as measured by Earthcraft
n Rehab - 50% more energy efficient post-rehabilitation as measured by Earthcraft
LEED Certification - The development's design meets rhe criteria for the U.S.
Green Building Council LEED green building certification. Architect understands that before
issuance of IRS Form 8609, applicant will obtain and provide LEED Certification to VHDA.
n LEED Silver Certification

n LEED Gold Certification
tr LEED Platinum Certification
* NOTE 1: Applicants seeking Earthcraft certification MUST attach the completed and
signed Earthcraft Acknowledgement form to the Architect Certification and
submit it with the tax credit application. This form can be found on the
following page
NOTE 2: For the tax credit applicant to qualify for points associated with this section, the
architect of record must be on VHDA's list of attendees of the Multifamily
Professional Training conducted by Earthcraft Virginia.
Signed:
Printed Name: PuhJ J. F,*t,, J,.

Architect of Record
(same individual as on page 8)
Date: a[a[rr
v1 .1 .2O11 10
EarthCraft Multifamily Professional Training Listing
(This is a list of attendees only as of 2/28/11 and includes persons who are not registered Architects.)
First Name Last Name Affiliation Course Date

Bob Aaron Harkins Building Inc 06/26/2008
Amanda Adams CJMW Architecture 12/15/2008
Philip Agee EarthCraft Virginia 06/26/2008
Bobby Akines Habitat for Humanity of Northern Virginia 09/30/2010
Lee Alford Better Housing Coalition 05/06/2009
Jeff Allen Related Affordable 06/26/2008
John Allison Rehab Builders, Inc. 12/15/2008
Ted Ambrose Hickman Ambrose 10/202010
Steve Ames Rehab Builders, Inc. 12/15/2008
Smita Anand KTGY Group, Inc. 01/20/2011
Corbin Anderson CTA Development, LLC 12/15/2008
Charles Ansell ACA Architects, PC 05/06/2009
Michael Antonik Related Affordable 06/26/2008
Richard Armstrong Southpart Financial Services 01/30/2008
Colin Arnold Community Housing Partners 09/30/2010
Jeremy Arnold Bonstra Haresign Architects, LLP 09/12/2008
Tom Ayd Green Street Housing, LLC 02/26/2009
George Baker, III KTGY Group, Inc. 02/25/2011
Nicolas Balce RRMM Architects 10/20/2010
Lou Balodemas Baodemas Architects 01/30/2008
Corey Barnes CJMW Architecture 12/15/2008
Ronald Barnes Fixture Specialists Inc. 01/30/2008
Jeffrey Barrett Piedmont Housing Alliance 02/26/2009
Grace Bascetta A'more Commercial Enterprises, LLC 01/20/2011
Gary Bell Rehab Builders, Inc. 12/15/2008
Robert Berz RRMM Architects 10/20/2010
Michael Binette The Architectural Team 05/06/2009
James Black Forum Architecture and Interior Design 09/30/2010
Omar Black Harkins Builders 09/30/2009
Flay Blalock Rehab Builders, Inc. 12/15/2008
Kevin Blount CDSI 02/26/2009
Ann Bolen VHDA 02/18/2010
Daniel Bolinaga Virginia Beach Community Development Corporation 12/15/2008
Wayne Bolton Temperature Control Mechanical System 06/26/2008
Catherine Bond The Lane Group, Inc. 02/26/2009
Jeb Bonnett Dominion Due Diligence Group 01/20/2011
Bill Bonstra Bonstra Haresign Architects, LLP 09/30/2009
Christina Borland 06/26/2008
Don Bosserman Countryside Service Company, LC 09/12/2008
Robert Boucheron Robert Boucheron Architect 02/18/2010
Gary Bowling Guernsey Tingle Architects 02/25/2011
Nell Boyle Breakell, Inc. 02/26/2009
Bill Brandt Harkins Builders, Inc. 02/18/2010
Richard Brassfield HHHunt 01/30/2008
Mike Bricker Balzer & Associates, inc. 02/25/2011
Ben Broderson Landmark Asset Services 12/15/2008
William Brown BeeryRio, inc. 02/18/2010
Bruce Browning Rehab Builders, Inc. 12/15/2008
David Bruce Eagle Construction of VA, LLC 05/06/2009
Jim Bryan Heffner Architects 02/26/2009
Rob Buchanan Waverton Associates, Inc. 05/06/2009
Paigh Bumgarner Richmond Metro Habitat for Humanity 09/30/2009
James Bundy Bundy Architecture and Engineering 02/26/2009
Shelynda Burney CPDC 01/20/2011
Matthew Burton Matthew G. Burton + Associates, LLC 01/20/2011
Don Buschker Rehab Builders, Inc. 12/15/2008
Mary Butcher Habitat for Humanity of Greater Charlottesville 09/30/2010
Robert Butwin Etc Companies LLC 01/30/2008
Scott Byerly Dominion Due Diligence Group 01/30/2011
Theodore Cage Wiencek and Associates 09/12/2008
Tayloe Call Bozzuto Construction Company 09/30/2009
Patrick Callahan Masco Contracting Services 06/26/2008
Darren Campbell KBS 01/20/2010
Scott Campbell VIA design architest, pc 01/20/2011
Alex Cannon Cannon Properties, Ltd. 02/26/2009
Larry Canterbury Canterbury Construction, Inc. 06/26/2008
Billy Carter VHDA 02/25/2011
Cheri Carter Martin Horn, Inc. 09/30/2009
Shelton Cartwright Waterfurnace 01/20/2011
Sean Casey HFH - Nova 06/26/2008
Sanjay Chapekar Polleo Group, LLC 02/25/2011
Hsien-Yuan Chen Wiencek and Associates 09/12/2008
Scott Chewning VHB 10/20/2010
Tarik Claiborne VHDA 02/26/2009
Max Clatterbuck Lantz Construction Winchester 01/20/2011
Tom Clayton Frazier Associates 02/18/2010
Dave Colby Callis Stephens, Inc. 12/15/2008
Kevin Coles BHC 06/26/2008
Chris Conway 12/15/2008
Scott Corwin Johannas Design Group 09/12/2008
Randy Cosner Cosner Construction, Inc. 02/18/2010
Doug Covington The Lane Group 02/18/2010
Manoj Dalaya Kishimoto.Gordon.Dalaya Architecture 09/30/2010
Jeff Dalton Rowhouse Architects 02/25/2011
Stuart Daniel Better Housing Coalition 02/26/2009
Tim Daniel Zavos Architecture and Design 06/26/2008
Douglas Dansey George A. Dansey, Inc. 09/12/2008
Ray Day, III Bozzuto Construction Company 02/26/2009
William Deal, Jr. Pentecost, Deal & Associates, Inc. 02/26/2009
Tracy Deboer Kroskin Design Group 02/18/2010
Anthony Del Nunzio Unit Construction, LLC 02/18/2010
Frank DeStefano Destafano Design Group 01/30/2008
Charles Dickey BRW Architects 02/18/2010
Dan Dills Dills Ainscough Duff 02/26/2009
Philip "Chip" Dodd Aurora Consulting LLC 01/30/2008
Jennifer Donohue NRHA 01/20/2011
Barbara Dooley Breakell Inc. 02/26/2009
Alan Downie Hughes Associates Architects 01/30/2008
David Draper Collins & Kronstadt Architects 02/26/2009
Jim Dumminger CJMW Architecture 09/30/2010
Rhonda Dunn Coldwell Banker Elite 09/30/2010
Barry Durham Pentecost, Deal & Associates, Inc. 02/25/2011
Anne Durkin BAM Architects 06/26/2008
Hussein Easmeil Marlyn Development Corporation 01/30/2008
James Edwards Edwards Associates Architects 06/26/2008
John Edwards Bonstra Haresign Architects, LLP 09/12/2008
Mike Ekis NRP Gourp 09/30/2010
Doug Ellis Windows and More 06/26/2008
Pedro Escario Dills Ainscough Duff 06/26/2008
Jeffrey Farner City of Alexandria, Department of Planning/Zoning 06/26/2008
Amy Ferns AWB Engineers 02/26/2009
Eric Fesperman Habitat for Humanity of Winchecter - FrederickCount 06/26/2008
Ross Fickenscher S & S Construction, Inc. 05/06/2009
Sarah Finkelstein Dominion Due Diligence Group 01/20/2011
Matthew Fitzgerald Urban Design Associates 09/12/2008
Terrance Fitzgerald Tidewater Inisulators LLC 01/30/2008
Mike Fox WPL 10/20/2010
Taylor Fowler Habitat for Humanity of Greater Charlottesville 09/30/2010
Gerald Forsburg Shenandoah Design 02/26/2009
Richard Funk dBF Associates, Architects 01/30/2008
Richard J. Funk, Jr. dBF Associates, Architects, Inc. 02/18/2010
Jaime Garcia RRMM Architects 10/20/2010
Tony Garcia Dominion Due Diligence Group 01/20/2011
Katie Geisshuesler Habitat for Humanity of Greater Charlottesville 09/30/2010
Regina Gerner Fairfax County Department of Housing and Commun 01/30/2008
Jody Gibson The Lane Group, Inc. 05/06/2009
John Glaspie KBS 01/20/2011
Kara Glynn 09/30/2010
Geoffrey Gogan 01/30/2008
L. Dexter Goode Richmond RHA 09/30/2009
Christopher Gordon Kishimoto.Gordon.Dalaya Architecture 09/30/2010
Mike Green Bozzuto Construction Company 02/26/2009
Hunter Greene Hill Studio, P.C. 09/30/2010
Michael Greene Dominion Due Diligence Group 01/20/2011
Sheila Gregg Sol Agua Terra 02/26/2009
Lin Gregory Richmond Metropolitan Habitat for Humanity 12/15/2008
T.J. Gregston RALC 09/30/2009
Brian Grosholz Bozzuto Construction 02/26/2009
Chris Grubbs Rehab Builders, Inc. 12/15/2008
Jessica Guglielmo Virginia Beach Community Development Corporation 12/15/2008
Tim Gunderman Sterling Construction Company, Inc. 06/26/2008
Jennifer Gurney 09/30/2010
Patrick Haggerty Balodemas Architects 12/15/2008
Ryan Hainer Dominion Due Diligence Group 01/20/2011
Tom Hale Hanover Habitat for Humanity 12/15/2008
Carl Hardee Lawson Realty 01/30/2008
Mickey Harden Aurora Consulting, LLC 01/30/2008
Katie Harrigan Walter Parks Architects 01/30/2008
Barry Harris Barry's Home Comfort 09/30/2009
Ron Hartzheim Town and Contry Mechanical 02/26/2009
Donald Harwood Hill Studio, P.C. 01/30/2008
Gary Harvey Craddock-Cunningham Architectural Partners 01/20/2011
Michael Haynes Progress Design Studio, PLLC 09/30/2010
John Heagy Bozzuto Construction 05/06/2009
Thomas Heatwole Commonwealth Architects 05/06/2009
James Heffner Heffner Architects 05/06/2009
Ricardo Hendi R. Hendi Archtiect 05/06/2009
Charles Hendricks The Gaines Group, PLC 02/18/2010
Mike Henehan Bozzuto Development Company 02/26/2009
David Hertless Hertless Air Conditioning & Heating Mechanical 09/30/2010
Sandra Hester Shenandoah Area Agency on Aging 09/30/2009
Dan Hickok RRMM Architects 10/20/2010
Doug Hilemn Emerald Construction 09/30/2010
Roy Hill Fixture Specialists Inc. 01/30/2008
Brad Hofford EYA 09/30/2009
Josh Holloway Community Housing Partners 02/26/2009
Mary Kay Horoszewski Virginia Beach Community Development Corporation 12/15/2008
Eric Hudgins The Lane Group 02/18/2010
Brian Hudson HCS Contracting 12/15/2008
David Hunter hord coplan macht 01/30/2008
Wesley Hurt Toler Insulating 09/12/2008
Ibrahim Ibrahim M. RKR Construction Company, LLC 09/30/2010
Karen Irvin Rust Orling Architecture, inc. 02/18/2010
Ryne Johnson Astoria, LLC 09/30/2009
Robert Johnston Commonwealth Architects 06/26/2008
David Jones Newport News RHA 09/30/2009
Gary Jones 12/15/2008
Randy Jones OWPR, Inc. Architects & Engineers 02/18/2010
Hugh Joyce James River Air Conditioning Company 02/18/2010
Dan Kane BeeryRio, Inc. 01/20/2011
Vadim Kaplan Studio A Architecture 02/25/2011
Matthew Kauppila Bozzuto Construction 09/30/2009
Ronald Keeney Keeney & Co., Architects, PLC 05/06/2009
Brad Kersey KBS 01/20/2011
Brian Kiernan 09/30/2010
Janice Kendall Hunt Investments, LLC 06/26/2008
Joel Ketchum Associated Contracting Services, Inc. 02/18/2010
Brian Kim Housing Opportunities and Concepts 09/30/2009
John Kim Harkins Builders, Inc. 05/06/2009
Kevin King R.L. Price Construction, Inc 06/26/2008
James Kirby DJG, inc. 01/20/2011
Murray Kirk S.L. Nusbaum Realty Company 01/30/2008
C. Scott Kitrell Better Housing Coalition 02/18/2010
Allen Kitselman Main Street Architecture, P.C. 09/30/2010
Doug Kleffner Johannas Design Group 09/12/2008
Lawrence Kliewer Cox, Kliewer, and Company, PC 01/30/2008
Terry Kline Mark-Dana Corp. 02/25/2011
Scott Knudsen Wiencek + Associates 01/20/2011
Julie Koehler Winks Snowa Architects, P.C. 09/30/2009
Frank Koncz Welcome Home CDC 12/15/2008
David Koogler Mark-Dana Corp. 06/26/2008
Irwin Kroskin Kroskin Design Group PC 01/20/2011
Sarah Krumbein Richmond Mortgage, Inc. 09/30/2010
Maybell Laluna Wiencek & Associates 02/18/2010
Forrest Lambert, Jr. Mark-Dana Corp. 02/25/2011
George Lane HFH 06/26/2008
Leisha LaRinere Richmond Metropolitan Habitat for Humanity 12/15/2008
Mark Larson Baskervill 02/26/2009
Joshua Lassiter Cox, Kliewer, & Co., P.C. 09/30/2010
Matt Latham National Housing Trust 02/18/2010
Dillard Laughlin Town and Contry Mechanical 02/26/2009
Steve Lawson The Lawson Companies 01/30/2008
Bob Layne Fixture Specialists Inc. 01/30/2008
Emmett Lifesy CJMW Architecture 09/30/2010
John Lillie Dominion Due Diligence Group 01/20/2011
Ken Linehan Fugleberg Koch Architect 01/30/2008
Ed Lipsky Rehab Builders, Inc. 12/15/2008
Josh Lipsky Rehab Builders, Inc. 12/15/2008
Kenneth Livingston Main Street Architecture, PC 05/06/2009
Matthew Locraft Collins & Kronstadt, Leahy Hogan Collins Draper 06/26/2008
Mary Lorino BAM Architects 09/30/2009
Lee Lovern Total Action Against Poverty 06/26/2008
Steven Luck Habitat for Humanity of Greater Charlottesville 09/30/2010
Javier Luevano Martin Horn, Inc. 05/06/2009
Michael Lynch KBS 01/20/2011
Will Lyster T.E.A.L. Construction 09/30/2010
Bob Lytle Silver Hammer Additions, LC 09/30/2009
Robert Magoon, Jr. Magoon & Associates 02/26/2009
John Maisto EDG Architects, LLC 02/26/2009
Keith Maness Rehab Builders, Inc. 12/15/2008
Ronnie Mangano KBS 01/20/2011
Craig Mara Pedcor Investments 06/26/2008
Mike Marks Martin Horn, Inc. 05/06/2009
Will Marshall C.L. Lewis and Company, Inc. 02/26/2009
Jackie Martin Martin Riley Associates-Architects, PC 09/12/2008
Larry Martin Martin & Co. Architects 01/20/2011
Allen Mason VHDA 09/30/2009
G. Edmond Massie, IV Grant Massie Land Company 02/26/2009
Annie Mathot Frazier Associates 02/18/2010
Brandon Matthews AHC, inc. 09/30/2010
Scott Matties Cunningham Quill Architects 09/30/2010
Jason McBride KBS 01/20/2011
N. Bond McCamy J. Davis Architects, PLLC 09/12/2008
Clifford McConnell McConnell Contractor of VA, LLC 06/26/2008
Derek McDaniels Richmond Redevelopment and Housing Authority 02/18/2010
John McLaurin Lessard Design, Inc. 01/20/2011
Ted McQuarrie Harkins Builders, Inc. 05/06/2009
Lisa McWhirt Baskervill 02/26/2009
Steven Middleton Commonwealth Properties 09/12/2008
Carlton Miller AHC, inc. 09/30/2010
Judith Miller Architecture by Design 06/26/2008
Lydia Millington Newport News Redevelopment and Housing Authori 06/26/2008
Christopher J. Mills TAM Consultants 09/30/2009
Alan Miner Miner Feinstein Architects, LLC 09/30/2010
Michael Mische Staunton Development Solutions, LLC 05/06/2009
Kevin Mizell Community Housing Partners 06/26/2008
Gary Molina Linden Contracting, Inc. 01/20/2011
Michael Molzahn HBA Architecture & Interior Design 01/20/2011
Steve Morales NRHA 05/06/2009
Matthew Morgan AWB Engineers 02/26/2009
Alex Morris Wallace Roberts & Todd, LLC 09/30/2010
Victor Morrison J.S. Jackson Builder, LLC 12/15/2008
Rockwell Moulton Martin Horn, Inc. 02/25/2011
Drew Mulhare Realtec Inc. 06/26/2008
Steve Munier Bridgeland Development 02/25/2011
Margie Munkittrick Cox, Kliewer, & Co., P.C. 09/30/2010
Wayne Munn VHDA 09/30/2009
Cris Myers CSB, Inc. 12/15/2008
Christopher Nason G.M. Frech & Associates 12/15/2008
Mike Neeble Martin & Co. Architects 01/20/2011
Melody Nepstad Walter Parks Architect 09/30/2010
Mike Neweton Kroskin Design Group 02/18/2010
Paul Newman Toler Insulating 09/12/2008
Bill Nickerson Home Performance Services 12/15/2008
Mayra Nickerson Telamon Corporation 09/30/2009
Melissa Obiso Inkworks 09/30/2009
Emer O'Donovan Wiencek & Associates 02/18/2010
Kevin Oldland AWB Engineers 02/26/2009
Chris Olive Dominion Due Diligence Group 01/20/2011
David Onks Community Housing Partners 09/12/2008
Shane O'quinn Rehab Builders, Inc. 12/15/2008
Dan Ormston Bozzuto Construction Company 02/26/2009
John Ozmore DJG, Inc. 09/30/2009
Michael Pack NNRHA 09/12/2008
Scott Page Pipeline & Industrial Group, inc. 09/30/2010
Kirk Paisley M + A Architects 01/20/2011
Walter Parks Walter Parks Architects 09/30/2010
Greg Parrish Martin Horn, Inc. 01/20/2011
Tim Patronick Martin Horn, Inc. 01/20/2011
Jose Perez BHC 06/26/2008
Ahmed Perry Northwestern Mutual 09/30/2010
Donna Phaneuf VIA design architest, pc 01/20/2011
Burt Pinnock BAM Architects 09/30/2009
Claude Pitzer Community Housing Partners 06/26/2008
Walter Ploskon Wiencek & Associates 09/30/2010
Larry Ponell Fixture Specialists, Inc. 01/30/2008
Gunn Prag Davis Carter Scott, Ltd 01/30/2008
Jeff Price EarthWorks Home Performance 12/15/2008
Jonathan Price Shenandoah Area Agency on Aging 09/30/2009
Todd Price Harnkins Builders 12/15/2008
William H. Price Price Real Estate 09/30/2009
Jim Pritchett Arlington Partnership for Affordable Housing 06/26/2008
Bill Quinn Pace Collaborative 10/20/2010
Carrie Quinn Q. Design, PLC 02/18/2010
Ronald Quinn Q. Design, PLC 02/18/2010
Eka Rahardjo BeeryRio, Inc. 02/18/2010
Robin Raines Rowhouse Architects 02/25/2011
Kevin Ramsey 02/18/2010
Philip Randolph Randolph Construction Company 05/06/2009
Ron Reger VHDA 09/30/2009
Patrick Reilly Rehab Builders, Inc. 12/15/2008
Rick Reinhardt Reinhardt Architecture 12/15/2008
Daniel Revermann AHC Inc. 01/30/2008
Jeff Reynolds Better Housing Coalition 02/18/2010
Kevin Ries The Drying Co./ Thermal Tech 09/30/2010
Lindsay Riesbeck 02/18/2010
Warren Righter Zemaitis and Associates Architects 01/20/2011
Noemi Riveira Habitat for Humanity Northern Virginia 09/30/2010
Carter Robertson Martin Horn, Inc. 05/06/2009
Art Robinson Chesapeake Community Advisors 02/18/2010
Chris Robinson VHDA 09/30/2009
Wally Robinson VHDA 02/18/2010
Monica Rokicki-Guajardo Balzer & Associates 06/20/2008
Gilbert Rosenthal WRT, LLC 01/20/2011
James Ross Ross/Deckard Architects, P.A. 02/18/2010
James M. Ross, III Ross/ Deckard Architects, PA 01/30/2008
Rebecca Rowe Virginia Housing Development Authority 09/30/2010
Richard Russel Ruhf Ruhf Plitt Architects 09/30/2010
James Ruhland, III Community Housing Partners 02/26/2009
Steven Ruiz BeeryRio, Inc. 01/20/2011
Leslie Russell Cox, Kliewer, & Co., P.C. 09/30/2010
John Rust Rust Orling Architecture, Inc. 02/18/2010
Vandana Sareen TCG Development Services, LLC 01/30/2008
John Sari Landmark Asset Services 12/15/2008
Juliellen Sarver Sarver Housing Group 01/20/2011
Duanne Schropp Unit Services, Inc. 02/25/2011
Rob Schurz Richmond Metro Habitat for Humanity 09/30/2009
John Schuster III Chesapeake Community Advisors, Inc. 09/30/2009
Logan Schutz Grimm & Parker - Architects 02/18/2010
Brian Scott AHC, Inc. 01/30/2008
Andrew Scudder Johannas Design Group 09/12/2008
Erika Seelenbinder VHB 10/20/2010
Clint Sellars Rehab Builders, Inc. 12/15/2008
Herb Shartle Cox, Kliewer, and Company, PC 01/30/2008
Flake Shaw Rehab Builders, Inc. 12/15/2008
Ray Shelly VHDA 09/30/2009
Fred B. Shelor Masco Contracting Services 06/26/2008
Garrett Shifflett S & S Construction, Inc. 05/06/2009
Bruce Shirley Ratio, PC 02/26/2009
Rick Shively Pedcor Investments 06/26/2008
Megan Shope Winks-Snowa Architects, P.C. 09/30/2010
Matthew Shriver Shriver and Holland Associates 02/26/2009
Joseph Simpson R.E. Lee CM 02/18/2010
Mark Smith Craddock-Cunningham Architectural Partners 01/30/2008
Mark Smith MAS Associates, LLC 06/26/2008
Mike Smith Pedcor Investments 09/12/2008
Vincent Smith Bay Aging 09/30/2009
Connie Snavely Lynchburg Covenant Fellowship 09/30/2010
Allison Snow Better Housing Coalition 02/18/2010
Matt Snow Dominion Due Diligence Group 01/20/2011
Jim Snowa Winks-Snowa Architects, P.C. 09/30/2010
Chris Sonne Civil and Environmental Services 06/26/2008
Nick Sparaco Bozzuto Construction 02/26/2009
Seth Stallings Martin Horn, Inc. 05/06/2009
Gary Stanley GARANCO, inc. 09/30/2010
Tom Starbuck B&B Consultants, Inc. 02/26/2009
David M. Stembel, III Barton Partners Architects Planners, Inc. 02/26/2009
Al Stephens Callis Stephens, Inc. 12/15/2008
Scott Stephens SMS Architects 02/26/2009
John Stiltner Rehab Builders, Inc. 12/15/2008
Thomas J. Stodghill PMA Architecture 09/30/2010
Steve Stuart Rehab Builders, Inc. 12/15/2008
Eric Suckow Rehab Builders, Inc. 12/15/2008
Shane Sullivan Crestline Realty Corp 06/26/2008
Andrew Sutherland Empire Construction 01/30/2008
Randy Talley KBS 01/20/2011
Ed Tam VA United Methodist Housing Development 01/20/2011
Jeff Taylor BHC 06/26/2008
Howard Tew Capstone Contracting 02/18/2010
Felicia Thomas VHDA 02/26/2009
Steven Thomas Mark-Dana Corp 02/25/2011
David Thompson Better Housing Coalition 02/18/2010
Jocelyn Tichenor Rainbow Connection Community 09/30/2010
Ryan Tobin Rehab Builders, Inc. 12/15/2008
John Francis Torti Torti Gallas and Partners, Inc. 02/18/2010
Gary Treaster Dominion Due Diligence Group 01/20/2011
Scott Troutman Marlyn Development Corporation 01/30/2008
Greg Tucker BHC 06/26/2008
David Underwood Lionberger Construction 02/25/2011
George Van Osterom Unit Services, Inc. 02/25/2011
Brian Vassallo MTFA Architecture 02/26/2009
Gifford Vernon Gifford O. Vernon, AIA 12/15/2008
Robert Verrier The Architectural Team 05/06/2009
Brad Walker Sadler Building Corp 02/18/2010
Sandra Walker Newport News RHA 09/30/2009
Brian Wall Pace Collaborative 10/20/2010
Bill Wallace Fixture Specialists Inc. 01/30/2008
Tom Wallinga Bonstra Haresign Architects, LLP 09/12/2008
Bruce Wardell BRW Architects 02/18/2010
Pete Watson Rehab Builders, Inc. 12/15/2008
Tom Watson Better Housing Coalition 02/25/2011
Greg Watts R.L. Price Construction 02/18/2010
Douglas Weatherby PCI Design Group, Inc. 09/30/2010
Mary Kate Weaver EarthCraft VA Intern 02/18/2010
Michael Weaver People, Inc. 01/20/2011
Tim Westrich CPDC 01/20/2011
James Whitall Masco Contractor Services/ Davenport Insulation 05/06/2009
Jack Wilbern Butz Wilbern 02/26/2009
Jay Wilison Wiencek & Associates 09/30/2010
Jared Willcox Lemay Erickson Willcox Architects 09/30/2010
Toby Williams Mark-Dana Corporation 05/06/2009
Daniel Wilson People Incorporated of Virginia 05/06/2009
Danny Wilson People Inc. 06/26/2008
Steve Wingfield Martin Horn, Inc. 09/30/2009
Edward Winks Winks Snowa Architects, P.C. 09/30/2009
Donald Witt Marsh Witt Associates (currently w/ Hughes Assoc.) 06/26/2008
John Wright Waverton Associates, Inc. 05/06/2009
Troy Yancey T.E.A.L. Construction 09/30/2010
Patrick Zampetti Studio Z Architecture 01/30/2008
TAB G
(Relocation Assistance Guidelines)
Southview Village
Temporary Relocation Plan
This plan has been prepared in order to inform current residents of the intended
renovation of Southview Village and of measures planned by the owner of the property to
minimize the impact of this renovation on residents. This plan is believed and intended to
meet all requirements of the Virginia Housing Development Authority (“Authority”) and
shall be amended where necessary if found deficient by the Authority. The plan is
organized in the following five sections:
1) Contact information for the owner/developer and management company;

2) Scope of the renovation work;
3) Temporary relocation assistance and services to be offered;
4) Anticipated rents and rental policies after the renovation; and
5) Other measures planned to minimize construction impact
1) Contact Information
Owner/Developer
Name Southview Preservation, L.P.
Contact Person David Pearson
Address 60 Columbus Circle
New York, NY 10023
Phone 212-801-3515
Management Company
Name F&W Management Corporation
Contact Person Sharon Caudill
Address 252 View Drive
Marion, VA 24354
Phone 276-646-5766
2) Scope of the Renovation

The property will undergo a comprehensive renovation that will result in improved
comfort, safety and convenience for all residents. Some of the more significant work to
be performed to exterior and common areas will include: replacement of existing roof
shingles; installation of vinyl siding and brick re-pointing; installation of new windows;
repair of stairs in building breezeways; resurfacing of parking area; additional lighting
throughout property; improved landscaping;
Individual apartments will also be significantly improved with such items as new kitchen
and bathroom cabinetry and countertops, installation of new light fixtures and
replacement of windows. Replacement of existing kitchen and bathroom cabinetry will
require each resident to remove all of their belongings from their kitchen and bathrooms
prior to work beginning on their apartment. Furniture and belongings from rooms other
than the kitchen and bathroom need not be packed or moved. Packed-up kitchen and
bathroom items may be kept in unaffected rooms and closets for easy unpacking once
work is completed. Renovations in most apartments should take no more than four days
to complete. Management staff will inform each resident well in advance of the date
when their apartment is to be renovated to allow ample time for packing up belongings.
Renovations of individual apartments are scheduled to begin in Early 2012. Work shall
progress a building at a time, with all apartments completed in a building within two to
three weeks. All apartments in all buildings are scheduled for completion by end of 2012.
3) Temporary Relocation Assistance and Services to be Offered
Southview Village will not be vacated during renovation since the apartments will be
livable throughout the entirety of the construction. While specific apartments undergo
renovation during the day, the community room will be open to those tenants.
Construction will not proceed into the night.
Southview Village will also assist its residents in the packing of their kitchen and
bathrooms by providing packing materials such as cardboard boxes, tape, wrapping
paper, etc.
Management staff will be available throughout this process to answer questions and
provide any assistance.
4) Anticipated Rents and Rental Policies After Renovation

The owner of Southview Village intends to maintain the affordability of the apartments
by remaining in the section 8 program administered by the Virginia Housing
Development Authority. Upon renovation, rents are anticipated to remain the same,
which are approximately $584-$593 for a two-bedroom and $669-$691 for a three-
bedroom apartment. However, the resident-paid portion of the rent will remain limited by
the resident’s income pursuant to the section 8 program; thus, it is not anticipated that the
resident-paid portion of the rent will increase due to the renovation of the property. There
are no anticipated changes to rental policies after renovation of the property has been
completed.
5) Other Measures Planned to Minimize Construction Impact

To minimize disturbance and any anxiety residents may feel, management will endeavor
to keep all residents informed throughout the process. To address the needs of non-
English speaking residents, literature will be made available to them in the appropriate
language and interpreters will be provided. All affected residents will receive copies of
this renovation and relocation plan, current work will be highlighted in monthly
newsletters sent to all residents, and staff will be on site and available to assist residents
with questions or complaints as needed.
Construction crews will be responsible for maintaining a clean, safe site as they perform
their work. Construction work, particularly that which is loud or disturbing, will be
scheduled between 8AM-5PM and ample notice will be provided to all residents prior to
doing any work that requires access to their unit or otherwise affects them.
We will work to ensure that the renovation of the property causes as little inconvenience
to each resident as possible and are confident that each resident will be very happy with
the new Southview Village.
TAB H
(PHA/Section 8 Notification Letter)
_____________ _____________________________
We appreciate your assistance with identifying qualified tenants.
If you have any questions about the proposed development, please call me at 212
801-3515 or e-mail me at dpearson@related.com.
Please acknowledge receipt of this letter by signing below and returning it to me.
Sincerely yours,
David Pearson
To be completed by the Local Housing Authority or Sec 8 Administrator:
Seen and Acknowledged By:
Printed Name: Aa. . 1c4eg

Title: TI1_Q..p Lch. P-'_ c/-b,S.
Phone: 2i 73_ B k
Date:
TAB I
(Local CEO Letter)
Smyth County Board of Supervisors
121 Bagley Circle, Suite 100, Marion, VA 24354
Phone (276) 783-3298 Fax (276) 783-9314
www.smythcounty.org U
Michael L. Carter Scott R. Simpson

County Administrator Assistant County Administrator
March 1, 2011
Jim Chandler
VHDA Tracking Number: 2011-C-60

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 needs and priorities of Smyth County.
Accordingly, Smyth County supports the allocation of federal housing tax credits
requested by Southview Preservation, L.P. for this development.
Yours truly,
Michael L. Carter
Smyth County Administrator
Saltville District North Fork District Chilhowie District Park District Atkins District Royal Oak District Rye Valley District
Roscoe D Call CC “Charlie” Clark Jr. Wade H Blevins Jr. M Todd Dishner Brenda J Waddell Regina H Davidson Darlene R Neitch
TAB K
(Site Control Documentation-
Documentation of Most Recent Real Estate
Tax Assessment – Acq. Rehab. Only)
TAB L
(Plan of Development Certification Letter)
Plan of Development Certification, cont’d
February 17, 2011 Smyth County
Page 1 of 2 Zoning Ordinance
Building and Zoning Department Floodplain Ordinance
Subdivision Ordinance
121 Bagley Circle, Suite 120, Marion, VA 24354 Erosion Control Ordinance
Phone (276) 783-3298 Ext. 213 Fax (276) 783-9314 Manufactured Home Ordinance
buildingandzoning@smythcounty.org Virginia Uniform Statewide Building Code
PLAN OF DEVELOPMENT CERTIFICATION

DATE: February 17, 2011

RE: PLAN OF DEVELOPMENT CERTIFICATION
Name of Development: Southview Village

Name of Seller/Current Owner: Southview Village Limited Partnership
The above-referenced Owner/Applicant has asked this office to complete this form letter regarding the site plan of the
proposed Development (more fully described below). This certification is rendered solely for the purpose of confirming
the status of plan of development or site plan approval of the Development. It is understood that this letter will be used
by the Virginia Housing Development Authority solely for the purpose of determining whether the Development qualifies
for points available under VHDA’s Qualified Allocation Plan for housing tax credits.
DEVELOPMENT DESCRIPTION:
Development Address:
252 View Drive
Marion, VA 24354
Legal Description:
See attached Legal Description
Plan of Development Number: 8048
Proposed Improvements:
New Construction: # Units # Buildings Total Gross Floor Area

Adaptive Reuse: # Units # Buildings Total Gross Floor Area
Rehabilitation: 72 # Units 8 # Buildings 74834 Total Gross Floor Area
Plan of Development Certification, cont’d
February 17, 2011
Page 2 of 2
Other Descriptive Information:
LOCAL CERTIFICATION:
Check one of the following as appropriate:
The proposed development described above has an approved final plan of development or site plan (as
applicable to the site). No further plan of development or site plan approval is required before issuance of a
building permit.
The proposed development is an existing development with proposed renovations and no additional plan of
development approval is needed.
The above plan of development approval is in effect until: indefinitely
Signed
Clegg Williams
Printed Name
Zoning Administrator
Title
(276) 783-3298 ext. 227

Phone
February 17, 2011

Date
Clegg Williams Gary “Bud” Owens James “Jim” Blevins Becca Kirk Betty Tilson
Department Administrator Building Official Building Inspector Administrative Assistant Secretary
TAB M
(Zoning Certification Letter)
Zoning
SmythCertification
County
Zoning Ordinance
Building and Zoning Department Floodplain Ordinance
Subdivision Ordinance
121 Bagley Circle, Suite 120, Marion, VA 24354 Erosion Control Ordinance
Phone (276) 783-3298 Ext. 213 Fax (276) 783-9314 Manufactured Home Ordinance
buildingandzoning@smythcounty.org Virginia Uniform Statewide Building Code
Zoning Certification
DATE: February 17, 2011

RE: ZONING CERTIFICATION
Name of Development: Southview Village
Name of Seller/Current Owner: Southview Village Limited Partnership
The above-referenced Owner/Applicant has asked this office to complete this form letter
regarding the zoning of the proposed Development (more fully described below). This
certification is rendered solely for the purpose of confirming proper zoning for the site of the
Development. It is understood that this letter will be used by the Virginia Housing
Development Authority solely for the purpose of determining whether the Development
qualifies for points available under VHDA’s Qualified Allocation Plan for housing tax credits.
DEVELOPMENT DESCRIPTION:
Development Address:
252 View Drive
Marion, VA 24354
Legal Description:
See Attached Legal Description
Proposed Improvements:
New Construction: # Units # Buildings Total Gross Floor Area

Adaptive Reuse: # Units # Buildings Total Gross Floor Area
Rehabilitation: 72 # Units 8 # Buildings 74834 Total Gross Floor Area
Zoning Certification, cont’d
February 17, 2011
Page 2 of 2
Current Zoning: Residential -R allowing a density of

N/A units per acre, and the following other applicable conditions: N/A
Other Descriptive Information:
LOCAL CERTIFICATION:
Check one of the following as appropriate:
The zoning for the proposed development described above is proper for the
proposed residential development. To the best of my knowledge, there are
presently no zoning violations outstanding on this property. No further zoning
approvals and/or special use permits are required.
The development described above is an approved non-conforming use. To the

best of my knowledge, there are presently no zoning violations outstanding on
this property. No further zoning approvals and/or special use permits are
required.
Signature
Clegg Williams
Printed Name
Zoning Administrator
Title of Local Official or Civil Engineer
(276) 783-3298 ext. 227

Phone:
February 17, 2011

Date:
Clegg Williams Gary “Bud” Owens James “Jim” Blevins Becca Kirk Betty Tilson
Department Administrator Building Official Building Inspector Administrative Assistant Secretary
TAB N
(Copies of 8609’s To Certify Developer Experience)
TAB Q
(Documentation of Rental Assistance)
TAB R
(Documentation of Operating Budget)
TAB S
(Documentation of Project Budget)
Southview Village (Marion, VA)
Proposed Scope/Budget
February 28, 2011

Unit
Item Quantity Cost Sub-Total
Apartments
Building Interiors
Bathrooms
Vanity 72 $425 $30,600
Lighting upgrade 72 $150 $10,800
Low Flow Showerhead 72 $35 $2,520
Replaces Exhaust Fan 72 $300 $21,600
Medicine Cabnet 72 $150 $10,800
Tub & Surround 42 $1,200 $50,400
Painting 72 $75 $5,400
New VCT / Linoleum Floor 72 $250 $18,000
Kitchens
Cabinet Replacements 72 $2,400 $172,800
Counters 72 $300 $21,600
Refrigerators-Energy Star 72 $495 $35,640
Stoves 32 $400 $12,800
Range Hood 72 $80 $5,760
Dishwashers - none exist 72 $450 $32,400
Lighting Replacement 72 $150 $10,800
Sinks-stainless steel double sink 72 $160 $11,520
GFI Outlets 216 $75 $16,200
Faucets-single lever 72 $100 $7,200
New VCT flooring w/reducer strip 72 $250 $18,000
Painting 72 $100 $7,200
General Interior (BR/LR/DR)

Hot Water Heaters 72 $750 $54,000
Floor Repairs 46 $3,500 $161,000
Painting & Repairs 72 $1,200 $86,400
Replace Unit Lighting-Hallway 168 $85 $14,280
Entrance Doors 59 $700 $41,300
Hard Wire Smoke CO2 Detectors 72 $135 $9,720
Duct Cleaning/Sealing 72 $700 $50,400
Grill Replacement 72 $75 $5,400
ADA Modifications 4 $15,000 $60,000
Heat Pump $85,500
Earthcraft Recomendatiosn 72 $1,000 $85,500
2BR Furnace/SEER 15 48 $3,400 $163,200
3BR Furnace/SEER 15 24 $3,400 $81,600
Common Areas
Community Room/Office 1 $60,000 $60,000
Building Envelope
Breezeway Repairs - minor stair work, conc. patch 5 $3,000 $15,000
Extend Roof Lines 5 $2,500 $12,500
Gutters & Leaders 8 $1,500 $12,000
Aluminum Fascia Board 8 $1,500 $12,000
Attic Insulation 8 $1,500 $12,000
Window Replacement 300 $285 $85,500
Sliding Door Replacement 24 $600 $14,400
roof Replacement 3 $12,500 $37,500
Site Improvements
Landscape, grading, drainage Lump Sum $50,000 $50,000
Site Signage Lump Sum $30,000 $30,000
Parking Lot-Repair & Overlay Lump Sum $50,000 $50,000
Exterior Lighting 8 $1,275 $10,200
Concrete-repair damaged walks and curbs 2500 $10 $25,000
72 $25,367 $1,826,440
Cost Breakdown
Building Interiors $19,449 $1,400,340
Common Areas $833 $60,000
Site Improvements $2,294 $165,200
Building Envelope $2,790 $200,900
$25,367 $1,826,440
General Conditions (6%) $109,586

Overhead (6%) $109,586
Profit (2%) $36,529
Total $28,919 $2,082,142
Prepared by MPA 3/7/2011 Page 1

TAB W
(Original Attorney’s Opinion)
TAB Y
(Marketing Plan for units meeting accessibility
requirements of HUD section 504)
SOUTHVIEW APARTMENTS
MARKETING PLAN FOR HANDICAPPED UNITS
To carry out the goals set forth under this Plan, it is necessary to attract qualified
residents from varied social and economic levels for these specially adapted
units. Attraction of prospective residents will be accomplished by using a wide
variety of advertising techniques, which may include broadcasting media,
newspaper advertisements (Smyth County News and Messenger), brochures,
signs, model apartments, open houses, etc. All marketing attempts will include
the appropriate Equal Housing logo, slogan, or statement. Any qualified
individual will have the opportunity to apply for an apartment. Applications will be
accepted and processed in a reasonable, prompt, and courteous manner, without
regard to race, color, religion, national origin, sex, elderliness, familial status, or
handicap.
Special marketing to a number of local agencies should help to attract the

qualified applicants necessary for the handicapped-adapted units available after
rehabilitation of the property.
Agencies to be contacted by personal visit, delivery of brochure and applications

and/or through mailing:
Director of National Accessible Apartment Clearinghouse

201 N. Union Street, Suite 200
Alexandria, VA 22314
703-518-6141
Director of Smyth County Department of Social Services

121 Bagley Services
Marion, VA 24354
276-783-8148
Director of Marion Redevelopment and Housing Authority

234 Mill Avenue
Marion, VA 24354
276-783-3381
Director of District 3 Senior Services

4453 Lee Highway
Marion, VA 24354
276-783-8157
Director of Chamber of Commerce of Smyth County

214 W. Main Street
Marion, VA 24354
276-783-3161
Director of Veterans Service Office
192 Bristol East Road, #100
Bristol, VA 24202
276-466-2212
Director of Veterans Affairs

1100 Cedar Valley Drive
Cedar Bluff, VA 24609
276-963-5054
Director of Mt. Rogers Community Service Board

115 S. Church Street
Marion, VA 24354
276-223-3200
Director of Marion Senior Citizens Center

307 S. Park Street
Marion, VA 24354
276-783-8411
Director of Saltville Area Senior Citizens

351 Palmer Avenue
Saltville, VA 24370
276-496-5984
Director of Glade Area Senior Citizens

212 Grace Street
Glade Spring, VA 24340
276-429-5171
Director of American Red Cross

214 W. Main Street, Suite E
Marion, VA 24354
276-783-5681
Director of Southwestern VA Mental Health

340 Bagley Circle
Marion, VA 24354
276-783-1200
Director of Tazewell County Center for Independent Living

555 W. Main Street
Tazewell, VA 24651
276-988-0503
Director of Goodwill Rehabilitation Service
1315 Euclid Avenue, #D24
Bristol, VA 24201
276-466-5803

Southview Village

Încărcat de

Informații document

Descriere originală:

Drepturi de autor

Formate disponibile

Partajați acest document

Partajați sau inserați document

Opțiuni de partajare

Vi se pare util acest document?

Este necorespunzător acest conținut?

Drepturi de autor:

Formate disponibile

Southview Village

Încărcat de

Drepturi de autor:

Formate disponibile

INSTRUCTIONS FOR THE

VIRGINIA 2011 LIHTC APPLICATION FOR RESERVATION

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

Applications For 9% Competitive Credits

Staff email addresses:

Application For Reservation

Deadline for Submission

Tax Exempt Bonds

Virginia Housing Development Authority

Electronic Copy of the Microsoft Excel Based Application (MANDATORY)

v1.1.2011 Submission Checklist

VHDA TRACKING NUMBER 2011-C-60

A. Development Name and Location:

14. Congressional District 9 http://dlsgis.state.va.us/congress/2001PDFs/chap7Tab.pdf

15. Location Map Attached (TAB A)

2. Credits requested from:

Tax Exempt Bonds

This development will receive federal subsidies for:

D. Type(s) of Allocation/Allocation Year

E. Acquisition Credit Information

Ten-Year Rule For Acquisition Credits

F. Rehabilitation Credit Information

Minimum Expenditure Requirements

G. Request For Exception

II. OWNERSHIP INFORMATION

Must be an individual or legally formed entity

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

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

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

C. Development Team Information:

1. Tax Attorney: H. David Embree Related Entity? Yes No

2. Tax Accountant: Joseph Crivelli Related Entity? Yes No

3. Consultant: None Related Entity? Yes No

4. Management Entity (Contact): Charles Nimmo Related Entity? Yes No

5. Contractor (Contact): TBD Related Entity? Yes No

6. Architect: Richard Funk Related Entity? Yes No

7. Real Estate Attorney: David Boccio Related Entity? Yes No

8. Mortgage Banker: Charles Wilson Related Entity? Yes No

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

1. Nonprofit Involvement (All Applicants)

4. Identity of Nonprofit (All nonprofit applicants)

(Contact Person) (Street Address)

(City) (State) (Zip code)

5. Percentage of Nonprofit Ownership (All nonprofit applicants)

III. DEVELOPMENT INFORMATION

A. Structure and Units:

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

Row House/Townhouse Detached Single-family

5. Unheated Floor Area (Breezeways, Balconies, Storage) 5,019.00 (Sq. ft.)

8. Number of Buildings (containing rental units) 7

9. Commercial Area Intended Use:

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

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

11. a. Total Net Rental Square Feet 69,778.00

Exterior Finish: Brick and Siding

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

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

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

a. All cooking ranges will have front controls

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

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

Earthcraft or LEED Development Certification

Universal Design - Units Meeting Universal Design Standards