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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
v1.1.2011 Instructions - rebecca.rowe@vhda.com
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) (MANDATO
Electronic Copy of the Market Study (MANDATORY-Application will be disqualified if study not submitted with application)
Electronic Copy of the Plans (MANDATORY)
Electronic Copy of the Specifications (MANDATORY)
Electronic Copy of the Unit By Unit Work Writeup (MANDATORY if rehab)
$750 Application Fee (MANDATORY)
Tab A: Documentation of Development Location:
A.1 Qualified Census Tract Certification
A.2 Revitalization Area Certification
Location Map
Surveyor's Certification of Proximity To Public Transportation
Tab B: Partnership or Operating Agreement, including chart of ownership structure with percentage of interests (MANDATOR
Tab C: Virginia State Corporation Commission Certification (MANDATORY)
Tab D: Principal's Previous Participation Certification and Resumé (MANDATORY)
Tab E: Nonprofit Questionnaire (MANDATORY for points or pool)
The following documents need not be submitted unless requested by VHDA:
-Nonprofit Articles of Incorporation -IRS Documentation of Nonprofit Status
-Joint Venture Agreement (if applicable) -For-profit Consulting Agreement (if applicable)
Tab F: Architect's Certification (MANDATORY)
Tab 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-119


I. General Information
All code "Section" references are to, and the term "IRC" shall be deemed to mean, March 10, 2011
the Internal Revenue Code of 1986, as amended. (Date of Application)

A. Development Name and Location:


1. Name of Development Mt. Vernon Apartments
2. Address of Development 8263 Russell Road
(Street)
Alexandria Virginia 22309
(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 Fairfax 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: 4216
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 8 http://dlsgis.state.va.us/congress/2001PDFs/chap7Tab.pdf


Planning District 8 http://www.vapdc.org/aboutpdcs.htm#PDC%20Map
State Senate District 30 http://dlsgis.state.va.us/senate/2001PDFs/Chap2Tab.pdf

State House District 44 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.
Mt. Vernon Apartments, a 183-unit garden apartment community in Alexandria, Virginia, is located along the Route 1 corridor approximately
3 miles from Fort Belvoir. The property was originally constructed in 1965 and consists of 7 buildings on 7.773 acres of land. As Fairfax
County desires a revitalization of the Route 1 corridor, the objective in acquiring and redeveloping Mt. Vernon Apartments is to
substantially improve it as a vital affordable housing resource as part of the area’s revitalization process.

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) $1,500,000

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 Geograph
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.

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Low-Income Housing Tax Credit Application For Reservation

E. Acquisition Credit Information


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

Ten-Year Rule For Acquisition Credits


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

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

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

F. Rehabilitation Credit Information

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

Minimum Expenditure Requirements


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

G. Request For Exception


The proposed new construction development (including adaptive reuse and rehabilitation that creates additional rental
space) is subject to an assessment of up to minus 20 points for being located in a pool identified by the Authority as a pool
with little or no increase in rent burdened population. N/A - Does not apply to this proposed development.
Applicant seeks an exception to this restriction in accordance with one of the following provisions under 13VAC10-180-60
Proposed development is specialized housing designed to meet special needs that cannot readily be addressed
utilizing existing residential structures. Documentation Attached (TAB U)

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

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

v1.1.2011 Page 3
Low-Income Housing Tax Credit Application For Reservation

II. OWNERSHIP INFORMATION

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

Must be an individual or legally formed entity

A. Owner Information:
Name Wesley Mt. Vernon Owner LLC
Contact Person First: Leslie Middle: A. Last: Steen
Address 5515 Cherokee Avenue, Suite 200
(Street)
Alexandria Virginia 22312
(City) (State) (Zip Code)

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


Phone 703-642-3830 Fax 703-941-1724 Email address lsteen@whdc.org
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
Wesley Mt. Vernon Managing Member LLC 703-642-3830 Sole Member 100.00%
Wesley Housing Development Corporation 703-642-3830 Sole Member 0.00%
of Northern Virginia 0.00%
0.00%
**Wesley Housing Development Corp of No. VA is 100% owner of managing member 0.00%
**Shelley Murphy, President/CEO of Wesley Housing Development Corp. of No. VA 0.00%
0.00%
This should be 100% of the GP or managing member interest: 100.00%

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

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

B. Seller Information:
Name Russell Road Limited Partnership Contact Person David Smith
Address 4919 Bethesda Avenue, Suite 200 C/O Woodmont Properties
Bethesda, MD 20814 Phone 301-652-2302

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%

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Low-Income Housing Tax Credit Application For Reservation

C. Development Team Information:


Complete the following as applicable to your development team.

1. Tax Attorney: Erik Hoffman Related Entity? Yes No


Firm Name: Klein Hornig
Address: 1275 K Street, NW Washington, DC 20006
Phone: 202 842 0125 Fax: 202 842 3936

2. Tax Accountant: Ed Ryan Related Entity? Yes No


Firm Name: Reznick Group
Address: 7700 Old Georgetown Road, Suite 400, Bethesda, MD 20814
Phone: (301) 652-9100 Fax:

3. Consultant: Gerry Joseph Related Entity? Yes No


Firm Name: Joseph Development Role:
Address: 1410 Ingraham St., NW Washington, DC 20011
Phone: (202) 829-1251 Fax:

4. Management Entity (Contact): Frank Mooney Related Entity? Yes No


Firm Name: Wesley Housing Development Corporation
Address: 5515 Cherokee Avenue, Suite 200, Alexandria, VA 22312
Phone: 703-642-3830 X225 Fax: 703-941-1724

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


Firm Name: Hamel Builders
Address: 5710-H Furnace Avenue Elkridge, MD 21075
Phone: (410) 379-6700 Fax: (410) 379-6705

6. Architect: Michael Wiencek Related Entity? Yes No


Firm Name: Wiencek + Associates
Address: 1814 N Street, N.W., Washington, DC 20036
Phone: (202) 349-0742 Fax: (202) 349-0742

7. Real Estate Attorney: Erik Hoffman Related Entity? Yes No


Firm Name: Klein Hornig
Address: 1275 K Street, N.W., Washington, DC 20005
Phone: (202) 842-0125 Fax: (202) 842-3936

8. Mortgage Banker: Related Entity? Yes No


Firm Name: N/A
Address:
Phone: Fax:

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


Firm Name: Role:
Address:
Phone: Fax:

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Low-Income Housing Tax Credit Application For Reservation

D. Nonprofit Involvement:

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

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

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

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

1. Nonprofit Involvement (All Applicants)


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

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

4. Identity of Nonprofit (All nonprofit applicants)


The nonprofit organization involved in this development is
the Owner
the Applicant (if different from Owner)
Other
Wesley Housing Development Corporation of Northern Virignia
(Name of nonprofit)
Leslie A. Steen 5515 Cherokee Avenue, Suite 200
(Contact Person) (Street Address)
Alexandria VA 22312
(City) (State) (Zip code)
703-642-3830 703-941-1724
(Phone) (Fax)

5. Percentage of Nonprofit Ownership (All nonprofit applicants)


Specify the nonprofit entity's percentage ownership of the general partnership interest: 100% of managing member

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Low-Income Housing Tax Credit Application For Reservation

III. DEVELOPMENT INFORMATION

A. Structure and Units:


1. Total number of all units in development 183
Total number of rental units in development 183 bedrooms 351
Number of low-income rental units 174 bedrooms 335
Percentage of rental units designated low-income 95.08%

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: 47
Elevator Number of stories: 3
3. Number of new units 0 bedrooms 0
Number of adaptive reuse units bedrooms 0
Number of rehab units 183 bedrooms 351

4. Total Floor Area For The Entire Development 228,995.60 (Sq. ft.)

5. Unheated Floor Area (Breezeways, Balconies, Storage) 40,943.78 (Sq. ft.)

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


(Not eligible for funding)
7. Total Usable Residential Heated Area 188,051.82 (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 158,374.59


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: Community Programs Space, Tot Lots, Laundries

Exterior Finish: Brick


Heating/AC System: Electric Split System; Electric AC
Architectural Style: Traditional 1960's garden style

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Low-Income Housing Tax Credit Application For Reservation
C. Amenities:

1. Specify the average size per unit type: (Including pro rata share of heated common area)
Assisted Lvg 0.00 SF 1Bdrm Eld 0.00 SF 3-Bdrm Gar 1,246.58 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 864.33 SF 2+Sty 3BR TH 0.00 SF
Eff-Eld 0.00 SF 2-Bdrm Gar 1,037.76 SF 2+Sty 4BR TH 0.00 SF

2. Total gross usable, heated square feet for the entire project less nonresidential commercial area:
188,051.82 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
5% 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
85.50% 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%

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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 subjec
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 o
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 fron
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 rent
within HUD’s Housing Choice Voucher (“HCV”) payment standard; (ii) conform to HUD regulations interpreting accessibilit
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
Earthcraft Certification - new construction development will be 20% more energy efficient than 2004 IECC.
Earthcraft Certification - rehabilitation development will be 40% more energy efficient post-rehabilitation

(45 Points)
LEED Platinum Certification
Earthcraft Certification - new construction development will be 25% more energy efficient than 2004 IECC.
Earthcraft Certification - rehabilitation development will be 50% more energy efficient post-rehabilitation

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:
19 Units 10%

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
Low-Income Housing Tax Credit Application For Reservation

IV. TENANT INFORMATION

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


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

Units Provided Per Household Type:


Income Levels Rent Levels
# of Units % of Units # of Units % of Units
19 10.38% 40% Area Median 19 10.38% 40% Area Median
17 9.29% 50% Area Median 17 9.29% 50% Area Median
138 75.41% 60% Area Median 138 75.41% 60% Area Median
9 4.92% Non-LMI Units 9 4.92% Non-LMI Units
183 100.00% Total 183 100.00% 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: 21 Number of units 12% 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: Fairfax County Redevelopment and Housing Agency
Contact person (Name and Title) Carol Erhard, Rental Services Division Director
Phone Number 703-246-5217 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
Low-Income Housing Tax Credit Application For Reservation

V. LOCAL NEEDS AND SUPPORT

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

A. Provide the name and the address of the chief executive officer (City Manager, Town Manager, or
County Administrator) of the political jurisdiction in which the development will be located:
Chief Executive Officer's Name Anthony Griffen
Chief Executive Officer's Title County Executive
Street Address Office of the County Executive, 12000 Government Ctr. Pkwy Phone 703-324-2531
City Faifax State VA Zip 22035

Name and title of local official you have discussed this project with who could answer questions for the
local CEO: Paula Sampson, Director of Department of Housing and Community Developmen

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 1/21/11 Erik Hoffman
Site Acquisition 3/29/12 Leslie Steen
Zoning Approval na
Site Plan Approval na
Financing
A. Construction Loan
Loan Application 4/15/11 Gerry Joseph
Conditional Commitment 8/15/11 Gerry Joseph
Firm Commitment 12/31/11 Gerry Joseph
B. Permanent Loan - First Lien
Loan Application 4/15/11 Gerry Joseph
Conditional Commitment 8/15/11 Gerry Joseph
Firm Commitment 12/31/11 Gerry Joseph
C. Permanent Loan-Second Lien
Loan Application 2/15/11 Leslie Steen
Conditional Commitment 5/15/11 Leslie Steen
Firm Commitment 7/1/11 Leslie Steen
D. Other Loans & Grants
Type & Source, List
Application
Award/Commitment
Formation of Owner 3/8/11 Erik Hoffman
IRS Approval of Nonprofit Status
Closing and Transfer of Property to Owner 3/29/12 Erik Hoffman
Plans and Specifications, Working Drawings 10/15/11 Hsien-Yuan Chen
Building Permit Issued by Local Government 2/15/12 Hamel Builders
Start Construction 4/1/12 Gerry Joseph
Begin Lease-up 4/1/12 Frank Mooney
Complete Construction 3/31/13 Gerry Joseph
Complete Lease-Up 5/31/13 Frank Mooney
Credit Placed in Service Date 5/13/13 Frank Mooney

v1.1.2011 Page 11
Low-Income Housing Tax Credit Application For Reservation

VI. SITE CONTROL

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

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

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

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

A. Type of Site Control by Owner:

Applicant controls site by (select one and attach document - Mandatory TAB K)
Deed - attached
Long-term Lease - attached (expiration date: )
Option - attached (expiration date: )
Purchase Contract - attached (expiration date: 03/29/12 )

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 03/29/12

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 2.74%


Project Wide Capture Rate - Market Units 0.92%
Project Wide Capture Rate - All Units 2.50%
Project Wide Absorption Period (Months) 5

v1.1.2011 Page 12
Low-Income Housing Tax Credit Application For Reservation

C. Site Description

1. Exact area of site in acres 7.330

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


Yes No
Required documentation form attached (TAB L)

3. Is site properly zoned for the proposed development?


Yes No
Required documentation form attached (TAB M)

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

D. Plans and Specifications

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

1. A location map with property clearly defined.


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

v1.1.2011 Page 13
Low-Income Housing Tax Credit Application For Reservation

VII. OPERATING BUDGET

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

Section 8 New Construction Substantial Rehabilitation


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

3. Number of units receiving assistance: 36


Number of years in rental assistance contract: 15
Expiration date of contract: TBD
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 23 29 35 0
Air Conditioning Electric Owner X Tenant 0 6 10 13 0
Cooking Electric Owner X Tenant 0 8 10 12 0
Lighting Electric Owner X Tenant 0 32 40 48 0
Hot Water Natural Gas X Owner Tenant 0 0 0 0 0
Water Owner Tenant 0 0 0 0 0
Sewer Owner Tenant 0 0 0 0 0
Trash Owner Tenant 0 0 0 0 0
Total utility allowance for costs paid by tenant $0 $69 $89 $108 $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
Low-Income Housing Tax Credit Application For Reservation

C. Revenue
1. Indicate the estimated monthly income for the Low-Income Units: **
Total Number of Total Monthly
Unit Type Tax Credit Units Rental Income
Efficiency Units 0 $0
1 Bedroom Units 34 $35,360
2 Bedroom Units 119 $145,180
3 Bedroom Units 21 $30,135
4 Bedroom Units 0 $0
Total Number of Tax Credit Units 174

Plus Other Income Source (list): Laundry, tenant charges $3,444


Equals Total Monthly Income: $214,119
Twelve Months x12
Equals Annual Gross Potential Income $2,569,428
Less Vacancy Allowance ( 7.0% ) $179,860
Equals Annual Effective Gross Income (EGI) - Low Income Units $2,389,568

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

2. Indicate the estimated monthly income for the Market Rate Units: **
Total Number of Total Monthly
Unit Type Market Units Rental Income
Efficiency Units 0 $0
1 Bedroom Units 2 $2,080
2 Bedroom Units 7 $8,540
3 Bedroom Units 0 $0
4 Bedroom Units 0 $0
Total Number of Market Units 9

Plus Other Income Source (list): Laundry, tenant charges $181


Equals Total Monthly Income: $10,801
Twelve Months x12
Equals Annual Gross Potential Income $129,612
Less Vacancy Allowance ( 7.0% ) $9,073
Equals Annual Effective Gross Income (EGI) - Market Rate Units $120,539

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 36

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


126 21 0 0 0 0

1 STY-EFF-ELD 1 STY-1 BR-ELD 1 STY-2 BR-ELD Note: Please be sure to enter the number of units in the
0 0 0 appropriate unit category. If not, you will find an error on
the scoresheet at 5a, 6a & 6b.
List number of units by type: TAX CREDIT UNITS
ASSISTED LVG EFF-ELD 1 BD RM-ELD 2 BD RM-ELD EFF-GAR 1 BD RM-GAR
0 0 0 0 0 34

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


119 21 0 0 0 0

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


0 0 0

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

Efficiency - 40% 0 0.00 $ - $ -


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

Efficiency - 50% 0 0.00 $ - $ -


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

Efficiency - 60% 0 0.00 $ - $ -


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

Efficiency - Market 0 0.00 $ - $ -


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

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

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

v1.1.2011 Page 15
1 BR - 40% 4 747.01 $ 1,040 $ 4,160
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% 3 747.01 $ 1,040 $ 3,120


1 BR - 50% 0 $ -
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% 27 747.01 $ 1,040 $ 28,080


1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
1 BR - 60% 0 0.00 $ - $ -
Total 1-BR Total Monthly 1-BR
Tax Credit Units: 34 25,398.34 Tax Credit Rent: $ 35,360

1 BR - Market 2 747.01 $ 1,040 $ 2,080


1 BR - Market 0 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
1 BR - Market 0 0.00 $ - $ -
Total 1-BR
Market Units: 2 1,494.02 Total Monthly
1-BR Market Rent: $ 2,080

v1.1.2011 Total 1-BR Units: 36 Total 1-BR Rent $ 37,440 Page 15


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

2 BR - 40% 13 913.36 $ 1,248 $ 16,224


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

2 BR - 50% 12 913.36 $ 1,248 $ 14,976


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

2 BR - 60% 60 913.36 $ 1,248 $ 74,880


2 BR - 60% 34 747.01 $ 1,150 $ 39,100
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
2 BR - 60% 0 0.00 $ - $ -
Total 2-BR Total Monthly 2-BR
Tax Credit Units: 119 103,033.94 Tax Credit Rent: $ 145,180

2 BR - Market 5 913.36 $ 1,248 $ 6,240


2 BR - Market 2 747.01 $ 1,150 $ 2,300
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 Page 15
2 BR - Market 0 0.00 $ - $ -
2 BR - Market 0 0.00 $ - $ -
Total 2-BR
Market Units: 7 6,060.82 Total Monthly
2-BR Market Rent: $ 8,540

Total 2-BR Units: 126 Total 2-BR Rent $ 153,720

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

3 BR - 40% 2 1,066.07 $ 1,435 $ 2,870


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

3 BR - 50% 2 1,066.07 $ 1,435 $ 2,870


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

3 BR - 60% 17 1,066.07 $ 1,435 $ 24,395


3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
3 BR - 60% 0 0.00 $ - $ -
Total 3-BR Total Monthly 3-BR
Tax Credit Units: 21 22,387.47 Tax Credit Rent: $ 30,135

3 BR - Market 0 1,066.07 $ 1,435 $ -


3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
v1.1.2011 3 BR - Market 0 0.00 $ - $ - Page 15
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
3 BR - Market 0 0.00 $ - $ -
Total 3-BR
Market Units: 0 0.00 Total Monthly
3-BR Market Rent: $ -

Total 3-BR Units: 21 Total 3-BR Rent $ 30,135

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

4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
4 BR - 40% 0 0.00 $ - $ -
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 $ - $ -
v1.1.2011 4 BR - 60% 0 0.00 $ - $ - Page 15
Total 4-BR Total Monthly 4-BR
Tax Credit Units: 0 0.00 Tax Credit Rent: $ -

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

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

Total Units 183 Net Rentable SF: TC Units 150,819.75


MKT Units 7,554.84
Total NR SF: 158,374.59

Floor Space Fraction 95.2298%

v1.1.2011 Page 15
Low-Income Housing Tax Credit Application For Reservation

D. Operating Expenses
Administrative:
1. Advertising/Marketing $7,632
2. Office Salaries $57,240
3. Office Supplies $5,300
4. Office/Model Apartment (type______) $0
5. Management Fee $122,753
4.89% of EGI 670.7814208 Per Unit
6. Manager Salaries $63,939
7. Staff Unit (s) (type______) $0
8. Legal $5,300
9. Auditing $12,720
10. Bookkeeping/Accounting Fees $636
11. Telephone & Answering Service $11,660
12. Tax Credit Monitoring Fee $0
13. Miscellaneous Administrative $30,300
Total Administrative $317,480
Utilities
14. Fuel Oil $0
15. Electricity $23,850
16. Water $91,160
17. Gas $74,200
18. Sewer $0
Total Utility $189,210
Operating:
19. Janitor/Cleaning Payroll $0
20. Janitor/Cleaning Supplies $0
21. Janitor/Cleaning Contract $0
22. Exterminating $0
23. Trash Removal $15,780
24. Security Payroll/Contract $14,006
25. Grounds Payroll $0
26. Grounds Supplies $0
27. Grounds Contract $0
28. Maintenance/Repairs Payroll $106,000
29. Repairs/Material $57,522
30. Repairs Contract $24,045
31. Elevator Maintenance/Contract $0
32. Heating/Cooling Repairs & Maintenance $31,800
33. Pool Maintenance/Contract/Staff $0
34. Snow Removal $6,890
35. Decorating/Payroll/Contract $47,700
36. Decorating Supplies $0
37. Miscellaneous $0
Operating & Maintenance Totals $303,743
Taxes & Insurance
38. Real Estate Taxes $136,150
39. Payroll Taxes $22,116
40. Miscellaneous Taxes/Licenses/Permits $1,699
41. Property & Liability Insurance $42,400
42. Fidelity Bond $0
43. Workman's Compensation $5,460
44. Health Insurance & Employee Benefits $34,077
45. Other Insurance
Total Taxes & Insurance $241,902
6544
Total Operating Expense $1,052,335

D1. Total Oper. Ex. Per Unit $5,750 D2. Total Oper. Ex. As % EGI (from E3) 41.92%

Replacement Reserves (Total # Units X $300 or $250 New Const. Elderly Minimum) $55,200

Total Expenses $1,107,535

v1.1.2011 Page 16
Low-Income Housing Tax Credit Application For Reservation

E. Cash Flow (First Year)


1. Annual EGI Low-Income Units from (C1) $2,389,568
2. Annual EGI Market Units (from C2) + $120,539
3. Total Effective Gross Income = $2,510,107
4. Total Expenses (from D) $1,107,535
5. Net Operating Income = $1,402,572
6. Total Annual Debt Service (from Page 21 B2) - $1,171,708
7. Cash Flow Available for Distribution = $230,865

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 2,510,107 2,560,309 2,611,516 2,663,746 2,717,021
Less Oper. Expenses 1,107,535 1,140,761 1,174,984 1,210,233 1,246,540
Net Income 1,402,572 1,419,548 1,436,532 1,453,512 1,470,480
Less Debt Service 1,171,708 1,171,708 1,171,708 1,171,708 1,171,708
Cash Flow 230,865 247,841 264,824 281,805 298,773
Debt Coverage Ratio 1.20 1.21 1.23 1.24 1.25

Year 6 Year 7 Year 8 Year 9 Year 10


Eff. Gross Income 2,771,361 2,826,788 2,883,324 2,940,991 2,999,810
Less Oper. Expenses 1,283,937 1,322,455 1,362,128 1,402,992 1,445,082
Net Income 1,487,425 1,504,334 1,521,196 1,537,998 1,554,728
Less Debt Service 1,171,708 1,171,708 1,171,708 1,171,708 1,171,708
Cash Flow 315,717 332,626 349,488 366,291 383,021
Debt Coverage Ratio 1.27 1.28 1.30 1.31 1.33

Year 11 Year 12 Year 13 Year 14 Year 15


Eff. Gross Income 3,059,807 3,121,003 3,183,423 3,247,091 3,312,033
Less Oper. Expenses 1,488,434 1,533,087 1,579,080 1,626,452 1,675,246
Net Income 1,571,372 1,587,915 1,604,343 1,620,639 1,636,787
Less Debt Service 1,171,708 1,171,708 1,171,708 1,171,708 1,171,708
Cash Flow 399,665 416,208 432,635 448,931 465,079
Debt Coverage Ratio 1.34 1.36 1.37 1.38 1.40
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
Low-Income Housing Tax Credit Application For Reservation

VIII. PROJECT BUDGET

A. Cost/Basis/Maximum Allowable Credit

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

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

Amount of Cost up to 100% Includable in


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

A. Off-Site Improvements 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) 7,898,972 0 0 7,898,972
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) 7,898,972 0 0 7,898,972
L. General Requirements 427,887 0 0 427,887
M. Builder's Overhead 171,287 0 0 171,287
( 2.2% Contract)
N. Builder's Profit 428,218 0 0 428,218
( 5.4% Contract)
O. Bonding Fee 0 0 0 0
P. Other 40,636 0 0 40,636
Q. Contractor Cost
Subtotal (Sum 1K..1P) $8,967,000 $0 $0 $8,967,000

2. Owner Costs
A. Building Permit 0 0 0 0
B. Arch./Engin. Design Fee 542,504 0 0 542,504
( 2,965 /Unit)
C. Arch. Supervision Fee 0 0 0 0
( 0 /Unit)
D. Tap Fees 0 0 0 0
E. Soil Borings 0 0 0 0

v1.1.2011 Page 18
Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


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

F. Construction Loan 266,194 0 0 53,239


Origination Fee
G. Construction Interest 700,000 0 0 140,000
( 0.0% for 0 months)
H. Taxes During Construction 125,000 0 0 25,000
I. Insurance During Construction 50,000 0 0 10,000
J. Cost Certification Fee 20,000 0 0 20,000
K. Title and Recording 167,090 113,003 0 0
L. Legal Fees for Closing 115,000 0 0 115,000
M. Permanent Loan Fee 0 0 0
( 1.0% )
N. Other Permanent Loan Fees 141,970 0 0 0
O. Credit Enhancement 159,716 0 0 0
P. Mortgage Banker 0 0 0
Q. Environmental Study 15,000 0 0 15,000
R. Structural/Mechanical Study 0 0 0 0
S. Appraisal Fee 10,000 0 0 10,000
T. Market Study 8,000 0 0 8,000
U. Operating Reserve 526,125 0 0 0
V. Tax Credit Fee 105,761 0 0 0
W. OTHER $2,319,563 $0 $0 $2,110,962
(SEE PAGE 19A)
X. Owner Cost
Subtotal (Sum 2A..2W) $5,271,923 $113,003 $0 $3,049,705

Subtotal 1 + 2 $14,238,923 $113,003 $0 $12,016,705


(Owner + Contractor Costs)

3. Developer's Fees 2,000,000 0 0 2,000,000

4. Owner's Acquisition Costs


Land 6,246,860
Existing Improvements 13,053,140 13,053,140
Subtotal 4: $19,300,000 $13,053,140

5. Total Development Costs


Subtotal 1+2+3+4: $35,538,923 $13,166,143 $0 $14,016,705

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
Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


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

Contingency Reserve 896,700 0 0 896,700


(Rehab or Adaptive Reuse only)
LIST ADDITIONAL ITEMS
Replacement Reserve 91,500 0 0 0
Relocation 700,000 0 0 700,000
Owner's representative 100,000 0 0 100,000
Survey 10,000 0 0 10,000
Accounting and Organizational 20,000 0 0 0
Soft Cost Contingency 201,363 0 0 201,363
Yield Maintenance Fee 300,000 0 0 202,899
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0
0 0 0 0

Subtotal (Other Owner Costs) $2,319,563 $0 $0 $2,110,962

v1.1.2011 Page 19A


Low-Income Housing Tax Credit Application For Reservation

Amount of Cost up to 100% Includable in


Eligible Basis--Use Applicable Column(s):
"30 % Present Value Credit"
(C) Rehab/ (D)
New "70 % Present
Item (A) Cost (B) Acquisition Construction Value Credit"
5. Total Development Costs
Subtotal 1+2+3+4 35,538,923 13,166,143 0 14,016,705

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) 13,166,143 0 14,016,705

8. Adjustment(s) to Eligible Basis (For non-acquisition costs in eligible basis)


(i) For QCT or DDA (Eligible Basis x 30%) 0 0
(ii) For Earthcraft or LEED Certification 1,401,670

Total Adjusted Eligible basis 0 15,418,375

9. Applicable Fraction 95.0820% 95.0820% 95.0820%

10. Total Qualified Basis (Same as Part IX-C) 12,518,628 0 14,660,095


(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 $416,870 $0 $1,319,409


(Qualified Basis x Applicable Percentage)
(Same as Part IX-C and equal to or more than $1,736,279
credit amount requested) Combined 30% & 70% P. V. Credit

v1.1.2011 Page 20
Low-Income Housing Tax Credit Application For Reservation

B. Sources of Funds

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

Date of Date of Amount of


Source of Funds Application Commitment Funds Name of Contact Person
1. FHA 221 (d)4 $17,746,252
2. $0
3. $0

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

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

Interest Amortization Term


Date of Date of Amount of Annual Debt Rate of Period of
Source of Funds Application Commitment Funds Service Cost Loan IN YEARS Loan (years)
1. FHA 221 (d)4 $17,746,252 $1,171,708 6.00% 40 40
2. Fairfax County HRA $3,800,000 TBD 3.00% 40 40
3. $0 0.00% 1000 0
4. $0 $0 0.00% 1000 0
5. $0 $0 0.00% 1000 0
6. $0 $0 0.00% 1000 0

Totals: $21,546,252 $1,171,708

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

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

Date of Date of Amount of


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

Total Permanent Grants: $0


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

v1.1.2011 Page 21
Low-Income Housing Tax Credit Application For Reservation

4. Portion of Syndication Proceeds Attributable to Historic Tax Credit


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

6. Equity that Sponsor will Fund:


Cash Investment $0
Contributed Land/Building $0 Assessment Attached (TAB S)
Deferred Developer Fee $943,974
Other: $0
Equity Total $943,974
7. Total of All Sources (B2 + B3 + B4 + B5 + B6) $22,490,226
(not including syndication proceeds except for historic tax credits)

8. Total Development Cost $35,538,923


(From VIII-A5)

9. Less Total Sources of Funds (From B7 above) $22,490,226

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


proceeds (must equal IX-D3) $13,048,696

C. Syndication Information (If Applicable)

1. Actual or Anticipated Name of Syndicator To be determined


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) $13,048,695


b. Equity Dollars Per Credit (e.g., $0.85 per dollar of credit) $0.87
c. Percent of ownership entity (e.g., 99% or 99.9%) 99.99%
d. Net credit amount anticipated by user of credits $1,499,850
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) $13,048,695

6. Amount of annual credit required for above amounts


(same amount as Part IX-D6) $1,500,000
7. Net Equity Factor [C5 / (C6 X 10)]
(same amount as Part IX-D4) 86.99%

8. Syndication: Public or Private


9. Investors: Individual or Corporate

v1.1.2011 Page 22
Low-Income Housing Tax Credit Application For Reservation

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

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

Below-Market Loans Market-Rate Loans

Tax Exempt Bonds $0 Taxable Bonds $0


RD 515 $0 Section 220 $0
Section 221(d)(3) $0 Section 221(d)(3) $0
Section 312 $0 Section 221(d)(4) $17,746,252
Section 236 $0 Section 236 $0
VHDA SPARC/REACH $0 Section 223(f) $0
HOME Funds $0 Other: Fannie Mae $0
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.
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:
FHA 221 (d) 4 permanent loan

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
Low-Income Housing Tax Credit Application For Reservation

IX. ADDITIONAL INFORMATION

A. Extended Use Restriction

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

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

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

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

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

1. After the mandatory 15-year compliance period, a qualified nonprofit as identified in the
attached nonprofit questionnaire, 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: Wesley Housing Develoment Corporation of Northern Virginia

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
Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
1. 17 1 8259-8263 Russell Rd $1,223,084 3.33% 40,729 $0 0.00% 0 $1,432,308 9.00% 128,908
2. 31 2 8201-8211 Russell RD $2,230,330 3.33% 74,270 $0 0.00% 0 $2,611,856 9.00% 235,067
3. 34 2 4011-4121 Buckman Rd $2,446,169 3.33% 81,457 $0 0.00% 0 $2,864,616 9.00% 257,815
4. 23 1 9241-8249 Russell Rd $1,654,761 3.33% 55,104 $0 0.00% 0 $1,937,829 9.00% 174,405
5. 20 1 8231-8239 Russell Rd. $1,438,923 3.33% 47,916 $0 0.00% 0 $1,685,068 9.00% 151,656
6. 26 1 8221-8229 Russell Rd. $1,870,600 3.33% 62,291 $0 0.00% 0 $2,190,589 9.00% 197,153
7. 23 1 8251-8257 Russell Rd. $1,654,761 3.33% 55,104 $0 0.00% 0 $1,937,829 9.00% 174,405
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
$12,518,628 $0 $14,660,095

$416,870 $0 $1,319,409
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25
Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
17. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
18. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
19. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
20. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
21. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
22. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
23. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
24. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
25. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
26. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
27. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
28. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
29. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
30. $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
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25 (2)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
33. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
34. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
35. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
36. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
37. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
38. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
39. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
40. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
41. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
42. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
43. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
44. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
45. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
46. $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
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
49. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
50. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
51. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
52. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
53. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
54. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
55. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
56. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
57. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
58. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
59. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
60. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
61. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
62. $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
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
65. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
66. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
67. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
68. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
69. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
70. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
71. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
72. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
73. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
74. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
75. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
76. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
77. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
78. $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
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

C. Building-by-Building Information Must Complete


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

NUMBER 30% Present Value 30% Present Value


OF Credit for Acquisition Credit for Construction 70% Present Value Credit
TAX MARKET
CREDIT RATE Actual or Actual or Actual or
UNITS UNITS Estimate Anticipated Estimate Anticipated Estimate Anticipated
Build Street Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit Qualified In-Service Applicable Credit
ing # Address Basis Date Percentage Amount Basis Date Percentage Amount Basis Date Percentage Amount
81. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
82. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
83. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
84. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
85. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
86. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
87. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
88. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
89. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
90. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
91. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
92. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
93. $0 0.00% 0 $0 0.00% 0 $0 0.00% 0
94. $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
Qualified Basis Totals (must agree with VIII-A10)

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

v1.1.2011 Page 25 (3)


Low-Income Housing Tax Credit Application For Reservation

D. Determination of Reservation Amount Needed

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

1. Total Development Costs (from VIII-A5, Column A page 20) $35,538,923

2. Less Total Sources of Funds (from VIII-B7 page 22) $22,490,226

3. Equals Equity Gap $13,048,696

4. Divided by Net Equity Factor (VIII-C7 page 22) 86.99%


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

5. Equals Ten-Year Credit Amount Needed to Fund Gap $15,000,001

Divided by ten years 10

6. Equals Annual Tax Credit Required to Fund the Equity Gap $1,500,000

7. The Maximum Allowable Credit Amount $1,736,279


(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 8,621 Combined 30% & 70% PV Credit

Credit per Bedroom 4,478 $1,500,000


Comprised of

$400,000 and $1,100,000


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
Low-Income Housing Tax Credit Application For Reservation

F. Statement of Owner

The undersigned hereby acknowledges the following:

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

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

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

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

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

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

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

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

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) Y 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 N 0 or 20 0.00
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 90.00

3. DEVELOPMENT CHARACTERISTICS:
a. Unit size (See calculations below) Up to 100 100.00
b. Amenities (See calculations below) Up to 70 41.20
c. Project subsidies/HUD 504 accessibility for 5 or 10% of units Y 0 or 50 50.00
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 N 0 or 15 0.00
f. Proximity to public transportation Y20 0, 10 or 20 20.00
g. Development will be Earthcraft or LEED certified 0,15,30,45 45.00
h. VHDA Certified Property Management Agent Y 0 or 25 25.00
i. Units constructed to meet VHDA's Universal Design standards 10% Up to 15 1.56
j. Developments with less than 100 units Up to 20 0.00
Total 282.76

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 12.07% Up to 15 9.05
Total 24.05

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
v1.1.2011
e1. Developer experience - did not build as represented Points Here: 0 0 or -x 0.00
e2. Developer experience - termination of credits by VHDA 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 75.08
b. Cost per unit categories check spelling of Clerk's Office on pg 1. It must match Up to 75 18.84
Total exactly with the Jurisdiction names listed in the Application Manual. 93.92

7. BONUS POINTS: Locality AMI State AMI


a. Units with rents at or below 40% of AMI $103,500 $53,300 11% Up to 10 10.00
b. Units with rent and income at or below 50% of AMI 21% Up to 50 10.34
or c. Units with rents at or below 50% rented to tenants at or below 60% of AMI 21% Up to 25 0.00
or d. Units in Low Income Jurisdictions with rents <= 50% rented to tenants with <= 60% of AMI 21% Up to 50 0.00
e. Extended compliance 0 Years 40 or 50 0.00
or f. Nonprofit or LHA purchase option Y 0 or 60 60.00
or g. Nonprofit or LHA Home Ownership option N 0 or 5 0.00
Total 80.34

500 Point Threshold - 9% Credits TOTAL SCORE: 661.08


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 0 610 835 1,000
Low Sq.Ft. / BDRM 0 500 675 800
Project Sq.Ft. / BDRM 0 864 1,038 1,247
Percentage of Units 0.00% 19.67% 68.85% 11.48%
Points per Bedroom 0.00 19.67 68.85 11.48

F-4 BDRM-G F-2 BDRM-TH F-3 BDRM-TH F-4 BDRM-TH


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

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, ite
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 0.68% 0.10
b. Community Room 0.00
c. Brick Walls 85.50% 17.10
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 41.20
All elderly units have:
a. Front-control ranges 0.00
b. Emergency call system 0.00
c. Independent/suppl. heat source 0.00
v1.1.2011
d. Two eye viewers 0.00
Total 0.00

All rehab or adaptive reuse units:


b. Historic structure 0.00

Total amenities: 41.20

v1.1.2011
$/SF = $152.97 Credits/SF = $8.38 Const $/unit = $49,000

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=600 110 spelling of Clerk's Office on pg 1. It must 110
TYPE OF CONSTRUCTION N C=1; ADPT=2;REHAB(35,000+)=3; REHAB*(15,000-35,000)=4 3 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

PARAMETER-(CREDITS=>50,000) 0 0 0 0 0 0 0
PARAMETER-(CREDITS<50,000) 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 0 864 1,038 1,247 0 0 0 0
NUMBER OF UNITS 0 34 119 21 0 0 0 0

PARAMETER-(COSTS=>35,000) 0 166,525 216,038 252,473 0 0 0 0


PARAMETER-(COSTS<35,000) 0 0 0 0 0 0 0 0

PARAMETER-(COSTS=>50,000) 0 166,525 216,038 252,473 0 0 0 0


PARAMETER-(COSTS<50,000) 0 64,170 83,250 97,290 0 0 0 0

COST PARAMETER 0 166,525 216,038 252,473 0 0 0 0


PROJECT COST PER UNIT 0 132,215 158,744 190,687 0 0 0 0

PARAMETER-(CREDITS=>35,000) 0 11,716 15,200 17,764 0 0 0 0


PARAMETER-(CREDITS<35,000) 0 0 0 0 0 0 0 0

PARAMETER-(CREDITS=>50,000) 0 11,716 15,200 17,764 0 0 0 0


PARAMETER-(CREDITS<50,000) 0 4,463 5,791 6,767 0 0 0 0

CREDIT PARAMETER 0 11,716 15,200 17,764 0 0 0 0


PROJECT CREDIT PER UNIT 0 7,241 8,693 10,443 0 0 0 0

COST PER UNIT POINTS 0.00 3.02 13.60 2.22 0.00 0.00 0.00 0.00
CREDIT PER UNIT POINTS 0.00 13.44 52.70 8.95 0.00 0.00 0.00 0.00

TOTAL COST PER UNIT POINTS 18.84

TOTAL CREDIT PER UNIT POINTS 75.08

v1.1.2011
$/SF = $152.97 Credits/SF = $8.38 Const $/unit = $49,000

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=600 110 spelling of Clerk's Office on pg 1. It must 110
TYPE OF CONSTRUCTION N C=1; ADPT=2;REHAB(35,000+)=3; REHAB*(10,000-35,000)=4 3 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

PARAMETER-(CREDITS=>35,000) 0 0 0 0 0 0 0
PARAMETER-(CREDITS<35,000) 0 0 0 0 0 0 0

PARAMETER-(CREDITS=>50,000) 0 0 0 0 0 0 0
PARAMETER-(CREDITS<50,000) 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 0 864 1,038 1,247 0 0 0 0
NUMBER OF UNITS 0 34 119 21 0 0 0 0

PARAMETER-(COSTS=>35,000) 0 166,525 216,038 252,473 0 0 0 0


PARAMETER-(COSTS<35,000) 0 0 0 0 0 0 0 0

PARAMETER-(COSTS=>50,000) 0 166,525 216,038 252,473 0 0 0 0


PARAMETER-(COSTS<50,000) 0 64,170 83,250 97,290 0 0 0 0

COST PARAMETER 0 166,525 216,038 252,473 0 0 0 0


PROJECT COST PER UNIT 0 132,215 158,744 190,687 0 0 0 0

PARAMETER-(CREDITS=>35,000) 0 11,716 15,200 17,764 0 0 0 0


PARAMETER-(CREDITS<35,000) 0 0 0 0 0 0 0 0

PARAMETER-(CREDITS=>50,000) 0 11,716 15,200 17,764 0 0 0 0


PARAMETER-(CREDITS<50,000) 0 4,463 5,791 6,767 0 0 0 0

CREDIT PARAMETER 0 11,716 15,200 17,764 0 0 0 0


PROJECT CREDIT PER UNIT 0 7,241 8,693 10,443 0 0 0 0

COST PER UNIT POINTS 0.00 3.02 13.60 2.22 0.00 0.00 0.00 0.00
CREDIT PER UNIT POINTS 0.00 13.44 52.70 8.95 0.00 0.00 0.00 0.00

TOTAL COST PER UNIT POINTS 18.84

TOTAL CREDIT PER UNIT POINTS 75.08

v1.1.2011
TAB A
(Documentation of Development Location)
TAB A.1
(Qualified Census Tract Certification)
Intentionally Blank
TAB A.2
(Revitalization Area Certification)
Revitalization Area Certification to be sent by April 1, 2011 deadline
TAB A.2
(Location Map)
TAB A.2
(Surveyor’s Certification of Proximity To Public Transportation)
TAB B
(Partnership or Operating Agreement)
Wesley Mt. Vernon Owner LLC
Operating Agreement

This Operating Agreement (the “Agreement”) dated as of March 9, 2011 of Wesley Mt.
Vernon Owner LLC (the “Company”), a limited liability company organized pursuant to Chapter
12 of Title 13.1 of the Code of Virginia (the “Act”), is entered into by Wesley Mt. Vernon
Managing Member LLC, a limited liability company organized pursuant to the Act and the sole
member of the Company (the “Member”).
1 Purpose and Powers

The sole purpose of the Company is to enter into those certain operating agreements, as
such agreement may be amended from time to time (the “Operating Agreements”) and to
fulfill its obligations thereunder. The Company will acquire, finance, renovate and own
an affordable rental housing complex in Alexandria, Virginia known as Mt. Vernon
Apartments (the “Project”).

2 Separateness

The Company shall conduct its business and operations in its own name and shall
maintain books and records and bank accounts separate from those of any other person.
3 Management

The Company will be managed by the Member as the Company’s manager. The Member
will exercise full and exclusive control over the affairs of the Company. The manager
may appoint officers and agents for the Company and give them such titles and powers as
the manager may choose. Any action taken by the Member in the name of the Company,
and any action taken by an officer or agent of the Company in the name of the Company
and with the proper authorization of the Member, shall be an action of the Company.
4 Development Obligations

The Member or its affiliates will render development services to the Company in
accordance with the roles and compensation laid out in a separate Development Services
Agreement for the Project.
5 Allocations of Profit and Loss

All profits and losses of the Company (and items of income, deduction, gain, or loss) will
be allocated 100% to the Member.
6 Distributions

All distributions with respect to a membership interest in the Company will be made
100% to the Member.
7 Capital Contribution

The capital contribution of the Member to the Company is $100.


TAB B: CHART OF OWNERSHIP STRUCTURE
Virginia 2011 LIHTC Application for Reservation
Wesley Mt. Vernon Owner LLC

Owner
Wesley Mt. Vernon Owner LLC,
a Virginia limited liability company

Sole Member (100%)


Wesley Mt. Vernon Managing Member LLC,
a Virginia limited liability company

Sole Member (100%)


Wesley Housing Development Corporation of Northern
Virginia,
a Virginia non-stock corporation

Shelley Murphy, CEO


TAB C
(VA SCC Certification)
TAB D
(Principal’s Previous Participation Certification)
Wesley Housing Overview
Our mission is to develop, own, operate, preserve, and maintain affordable housing and
sustain quality communities for low- and moderate-income persons in Northern Virginia.

Geographic Service Area Northern Virginia—Arlington and Fairfax Counties; Cities of Fairfax, Falls
Church, Alexandria, and Manassas.
Target Population Very low-, low-, and moderate-income families, individuals, seniors, and
individuals living with chronic disease or disability.
Demographics (multi- Composition of multi-family properties: 45.9% Hispanic; 38.2% African
family communities) American, East African, and West African; 11.2% Asian/Pacific Islander; and
4.7% Caucasian. Females make up 59.7% of adult residents at multi-family
properties.
Median Income Median annual household income of residents = $23,420
Properties and Built or renovated 23 affordable rental communities; served more than 20,000
Households Served low- and moderate-income persons.
Current Housing Units 1,137 units
Current Residents 2,200 (approximate)
Resident Services Over 750 residents have access to educational enrichment, job skills
development, and social services at 3 Community Resource Centers and 4
Resident Services Centers for seniors and disabled persons. 2 staff M.S.W.
Special Needs Housing 18% of Wesley Housing’s portfolio is supportive housing units uniquely designed
for special needs individuals, such as seniors, those living with chronic disease
including HIV/AIDS, and individuals with disabilities. 4 communities are
specifically designed for these residents with extremely affordable rents.

Current Activities and Pipeline Projects


Many of these projects have ongoing components. These projects occupy the real estate development staff.
• Pierce Queen Apartments (Arlington): One of three “market affordable” housing complexes left in Ft.
Myer Heights North. Currently working with the Arlington County Board on a neighborhood redevelopment
plan to raze these buildings and create larger affordable buildings and to increase the present 50 units to
up to 200 units.
• Colonial Village (Courthouse/Arlington): Currently in our portfolio, we will renovate this 162-unit
community on the National Register of Historic Places to preserve its long-term affordability. Currently a
mixed-rate community, we will utilize Low Income Housing Tax Credits, increasing its affordability. There will
be 129 committed affordable units—17 units affordable for those earning 50% and below Area Median
Income (AMI) and 112 units for those earning 60% and below AMI. The 33 remaining units will be market
rate. More than ten percent of the units will meet ADA standards. Planned renovations include site work,
roofing, new kitchens/baths, and energy saving upgrades/replacements. Closing set for mid-May.
• Fairfax County: Due diligence process underway on 184 units, market-rate to be converted to affordable.

Remainder of Portfolio
Arlington County: Knightsbridge Apartments (37); Whitefield Commons Apartments (63); William Watters
Apartments (21)
City of Alexandria: Beverly Park Apartments (33); Lynhaven Apartments (28); ParcView Apartments (149)
City of Falls Church: Fields of Falls Church (96)
City of Fairfax: Wesley Agape House (12)
City of Manassas: Quarry Station Seniors Apartments (79)
Fairfax County: Ben Franklin (6); Coppermine Place I (22); Coppermine Place II (66); Hiddenbrooke
Condominiums (6); Madison Ridge Apartments (98); Springdale House (6); Wexford
Manor Apartments (74); Strawbridge Square Apartments (128)
Wesley Housing Development Corporation, a leading 501(c)(3) nonprofit Northern Virginia developer, was founded
in 1974 by former school teacher, Virginia S. Peters. Its service-enriched housing mission—now in its fourth
decade—combines affordable rental housing with supportive services to build strong, stable families and
communities. Wesley Housing selects and purchases rental communities, oversees construction or rehabilitation,
manages its properties, and rents its units at 14% to 42% below market rates to help residents pay for other life
necessities, build credit, and enhance employability and self-sufficiency. Wesley Housing accepts housing choice
vouchers to further extend the affordability of its communities.
Recent Accomplishments
• Strawbridge Square (Fairfax): Wesley Housing purchased and renovated this 128-unit multi-family
property, providing larger families with three- and four-bedroom units. This preservation project is a 100%
project-based Section 8 refinance/rehabilitation utilizing tax credit equity. Renovations include an
expanded Community Resource Center, including a second computer lab. Completed Summer 2010.
• Beverly Park Apartments (City of Alexandria): On June 14, 2007, VHDA approved a reservation of low-
income housing tax credits to acquire and renovate this 33-unit garden apartment community. Allocation of
these credits through the Non-Competitive Northern Virginia Preservation Pool allowed the transition of this
market-rate community to affordable units. Renovations included creating larger, family-size units,
upgrading kitchens and bathrooms, replacing windows and roofs, upgrading plumbing/electrical/HVAC
systems, improving building facades, and resurfacing the parking lot. Construction completed Fall 2009.
• Ben Franklin House (Springfield): Wesley Housing and Fairfax-Falls Church Community Services Board
purchased a single-family home on Ben Franklin Road in Springfield and converted it to a six-bedroom
home designed specifically for disabled adults. Construction completed January 2009.
• Madison Ridge (Centreville): This innovative preservation project allowed Wesley Housing to preserve 98
long-term affordable rental units and convert/sell 118 affordable condos.
• ParcView Apartments (City of Alexandria): In November 2006, purchased 159-unit ParcView
Apartments, Wesley Housing’s third community in the City of Alexandria. Eighty percent of units are set
aside for households earning 60% of AMI. The 14-story building renovations include a new mix of 74 two-
bedroom units and 75 one-bedroom units for a total of 149 units, including 10 new handicap-accessible
units. Additionally, Wesley Housing updated the windows, roof, HVAC, and appliances. Rehab started
February 1, 2007 and construction was completed in December 2007.
• Coppermine Place I (Herndon): Completed construction of Coppermine Place I, 22 units of fully accessible
apartments for severely physically disabled individuals. Specifically designed for persons who use
wheelchairs, the community features roll-in showers and lower countertops. The first building of its kind built
to serve the Northern Virginia region’s disabled community, Coppermine Place I opened in June 2006.
• Coppermine Place II: Sharing a campus with Coppermine Place I, it features 66 units of rental housing for
seniors and a resident services center.

Family Programs and Supportive Services

Academic/Professional Development Social/Recreational/Well-Being


• After-school Homework Help Program • Bingo, Arts/Crafts, Gentle Yoga, GroovFit, Field Trips
• Child, Teen, & Adult Computer Instruction • Fastran – weekly grocery shopping; monthly mall trip
• Department of Human Services Outreach • Food Assistance
• Educational Workshops (health, financial, • Gardening (containers and healing gardens)
legal, etc.) • Health Screenings (blood pressure, vision, hearing,
• English for Speakers of Other Languages podiatrist)
• Girl Chat – book group; Girl Power! • Healthy Brain Workshops
• Lifelong Learning Institute • Information and Referral Services
• MAMBO (life skills for ages 7-12) • Monthly/Weekly Socials (entertainment, communal
• Monthly Reading Reinforcement meals, etc.)
• On-site Open Access (computer lab, • Virginia Cooperative Extension Nutrition Program
libraries) • Kids’ on-site Summer Camp
• Resident Advisory Councils
WESLEY HOUSING DEVELOPMENT CORPORATION PORTFOLIO AND PROJECTS 2010
CURRENT PROPERTIES STATUS NOTES UNITS WHDC Manages POPULATION LOCATION SERVICE AREA COMPLETED
1979
1% general partner; operate New construction 1979; sold buildings; *See New Projects
community center since 1978. retained land; 100% project-based Sec. 8 below
Strawbridge Square* *See New Projects below refinance / rehabilitation 128 x Very-low income singles, families, seniors Fairfax County Lincolnia Site Control 2008

Wexford Manor Operate community center 14 project-based Sec. 8; 100% LIHTC 74 x Low-income families Fairfax County Falls Church 1982

Preservation; tax credit; no Sec. 8 as of


Whitefield Commons Operate community center 6/04; existing tenants w/voucher stay 63 x Low-income families Buckingham/Arlington Arlington / Buckingham 1985

Property owned outright w/ no debt; run as Very-low income seniors, disabled


Springdale House Own/operate a cooperative community home for adults 6 x persons Fairfax County Bailey's Crossroads 1989
North Arlington /
William Watters Own/operate Preservation 21 x Low- and moderate income families Arlington Courthouse 1990
Preservation;100% LIHTC; 100% project-
Knightsbridge Own/operate based Sec. 8 37 x Very low-income families Buckingham/Arlington Arlington / Buckingham 1991
Very-low, low-, and moderate-Income
Fields of Falls Church 1% general partner 100% tax credit 96 singles, families, seniors Falls Church Falls Church 1995
Wesley Agape House Own/operate 100% HUD 811 12 x Very-low income HIV/AIDS Fairfax County NoVA regional 1999

New acquisition & rehab; Alexandria's first Housing Trust Fund loan;
collaboration with Carpenter's Virginia Housing Preservation Fund loan Low-income singles, families, 4 units for
Lynhaven Apartments Shelter for rehabilitation 28 x formerly homeless individuals Alexandria Arlandria / Lynhaven 2002

Quarry Station Seniors Apts. Own/operate New construction; 100% LIHTC 79 x Low-income seniors Manassas NoVA regional 2002
New construction; HUD project-based
Coppermine Place I Own/operate section 811 22 x Very low-income disabled persons Herndon (Fairfax Co) NoVA regional 2005
Coppermine Place II Own/operate New construction; 100% LIHTC 66 x Low-income seniors Herndon (Fairfax Co) NoVA regional 2005
HiddenBrooke Own/operate Purchased 9/05; ADUs 6 x Low-income seniors Springfield Fairfax County 2005

Purchased 7/05; new affordable rental


Madison Ridge Apartments Own/operate stock converted from market-rate 98 x Mixed-income Centreville (Fairfax Co) Western Fairfax Co. 2005

ParcView Apartments Own/operate Purchased 11/06; bonds / 80% LIHTC 149 x Mixed-income Alexandria Fairfax County 2007

Purchased 12/06; single family home;


converted single family house to 6-unit
group home--collaboration w/ CSB;
Opened March 2009 with 25-yr lease in
Ben Franklin House Own place 6 x Disabled individuals; 50% low-income Springfield Fairfax County 2009

Updated 09/10 (over)


WESLEY HOUSING DEVELOPMENT CORPORATION PORTFOLIO AND PROJECTS 2010
CURRENT PROPERTIES STATUS NOTES UNITS WHDC Manages POPULATION LOCATION SERVICE AREA COMPLETED
Construction
Purchased 10/05; Construction financing started
phase; 100% LIHTC; 60% Area Median Completion Fall
Beverly Park Own/operate Income 33 x Low- and moderate-income families Alexandria/Arlandria Arlandria 2009
Pierce Queen Own/operate Redevelopment 50 x Low- and moderate-income families Arlington Arlington / Rosslyn 2008-10
Low- and moderate-income singles, North Arlington / Refinance 2009-
Colonial Village Own/operate Refinance and rehabilitation 162 x families, seniors Arlington Courthouse 2010
Trenton Street Own 1 x N/A Arlington/Ballston Arlington/Buckingham
Unit Subtotal: 1137
SOLD ORIGINAL STATUS NOTES UNITS WHDC Manages POPULATION LOCATION SERVICE AREA
Seven Corners 1% partner 284 Low- and moderate-income families Arlington/Fairfax Seven Corners
Purchased 7/05; mixed-income condo
Madison Ridge Condos Own/operate sales 118 x Mixed-income Centreville (Fairfax Co) Western Fairfax Co. 2007
Mt. Pleasant Circle Developer Affordable single family 13 Moderate-income families Annandale Northern Virginia
Perry S. Hall Apartments Owned Sold to Habitat for Humanity 12 Low- and moderate-income families Arlington Nauck/So. Arlington
Unit Subtotal: 427

NEW PROJECTS CURRENT STATUS NOTES UNITS WHDC Manages POPULATION LOCATION SERVICE AREA ACTIVITY

June 2009: Purchased leasehold interest


to go with ownership of land and operation
of on-site community center for
children/adults Grand
100% project-based Sec. 8 refinance / Alexandria/Fairfax Re-Opening
Strawbridge Square* Own/Operate rehabilitation; tax credits 128 x Very low-income County Lincolnia October 2010
Low- and moderate-income singles, North Arlington /
Colonial Village Own/operate Refinance and rehabilitation 162 x families, seniors Arlington Courthouse 2010-2010
Redevelopment; plan to expand to 200 Mixed income, including low- and
Pierce Queen Own/operate units 200 x moderate-income families Arlington Arlington / Rosslyn 2009-2013
Unit Subtotal: 490
Total Development Work 2054

Updated 09/10 (over)


TAB E
(Nonprofit Questionnaire)
Wesley Housing Development Corporation
Board of Directors
POSITION CHURCH/
NAME & ADDRESS EMPLOYMENT COMMITTEE TERM
Executive Committee
Mr. James Barber Acacia Federal Executive AL-12*
Bethesda, MD 20817 Chairman and CEO ex-officio member of all committees
7600 Leesburg Pike Chair, Audit
East Building, Suite 200 Project Strategies
Falls Church, VA 22043
(O) 703-506-8146
(F) 703-506-8160
james.barber@afsb.com

Mr. Casey Brill PNC Real Estate Finance Treasurer


6747 Anders Terrace Vice President Treasurer, Affiliate Board AR-13*
Springfield, VA 22151 1601 K Street, NW Treasurer, Corporate Affiliate Board
(H) 703-642-5582 10th Floor Executive
(W) 202-835-4460 Washington, DC 20006 Chair, Project Strategies
(F) 202-835-5982 casey.brill@pnc.com Chair, Finance

Rev. Kenneth Jackson Alexandria District UMC Executive AL-11


District Superintendent
5001 Echols Avenue
Alexandria, VA 22311
(O) 703-820-7200
(F) 703-845-8147
arlingtonds@novaumc.org

Mr. Michael W. Graff, Jr. McGuireWoods Chair


Washington, DC Partner Executive AR-11
1750 Tysons Boulevard, Suuite 1800 Ex-officio member of all
McLean, VA 22102 Committees
(O) 703-712-5110
(F) 703-712-5191
mgraff@mcguirewoods.com

Mrs. Nancy L. Minter Urban Institute Library Secretary AR-12*


3137 Eakin Park Court Director, Information Resources President, Affiliate Board
Fairfax, VA 22031 2100 M Street, NW President, Corporate Affiliate Board
(H) 703-280-4996 Washington, DC 20037 Executive
(O) 202-261-5534 Chair, Governance
(F) 202-452-1840 Resource Development
nminter@urban.org Chair, Strategic Planning

*2nd term, not eligible for reelection to Board 1 Rev. 03/2010


Wesley Housing Development Corporation
Board of Directors
POSITION CHURCH/
NAME & ADDRESS EMPLOYMENT COMMITTEE TERM
Ms. Shelley S. Murphy Wesley Housing Development Corporation President/CEO N/A
8334 Cathedral Forest Drive President/CEO Executive
Fairfax Station, VA 22039 5515 Cherokee Ave Sec., Affiliate Board
(H) 703-690-0985 Suite 200 Sec., Corporate Affiliate Board
(C) 703-887-3571 Alexandria, VA 22312
shelley.murphy1@verizon.net (O) 703-642-3830 x 212
(F) 703-941-1724
smurphy@whdc.org

Ms. Beth Pautler INOVA Chair, Wesley Agape Board AR-11


8922 Grand Staff Court (Retired) ASI Board
Springfield, VA 22153 Executive
(H) 703-569-2387 Legal/ Personnel
pautler1@cox.net Resident Services
Chair, Resource Development

Members At Large
AL-14
Ms. Alexis Gilroy Nelson Mullins Riley & Scarborough LLP CH, Legal/Personnel
Partner Governance/Legal
101 Constitution Ave., NW
Suite 900
Washington, DC 20001
(O) 202-712-2893
(F) 202-712-2849
Alexis.Gilroy@nelsonmullins.com

Mr. Phillip B. Kemelor Semphonic Governance AR-12


6528 Jay Miller Drive Vice President, Strategic Analytics Strategic Planning
Falls Church, VA 22041 6528 Jay Miller Drive
(H) 703-916-7629 Falls Church, VA22041
(O) 703-916-7629
(C) 703-244-1716
pkemelor@semphonic.com

Ms. Melissa K. Powell Wells Fargo Bank Audit AL-14


Senior Vice President Finance
Loan Team Manager
Education & Nonprofit Banking
1753 Pinnacle Drive, 3rd Floor
McLean, VA 22102
(O) 703-760-5698
( C) 703-389-2037
(F) 240-497-7718
melissa.k.powell@wellsfargo.com

Mr. Jeffrey B. Greenspan Database & LAN Solutions Finance AR-13


Fairfax, VA 22032 Owner Project Strategies
(C) 571-238-6470 5051-B Backlick Road
Annandale, VA 22003
(O) 703-752-3500
(F) 703-752-3501
jeffgreenspan@dbls.com

*2nd term, not eligible for reelection to Board 2 Rev. 03/2010


Wesley Housing Development Corporation
Board of Directors Executive Committee
POSITION CHURCH/
NAME & ADDRESS EMPLOYMENT COMMITTEE TERM
Mr. James Barber (*) Acacia Federal Past Chairman AL-12*
Chairman and CEO
7600 Leesburg Pike Executive
East Building, Suite 200 Chair, Audit
Falls Church, VA 22043 Project Strategies
(O) 703-506-8146
(F) 703-506-8160
james.barber@afsb.com

Mr. Casey Brill PNC Real Estate Finance Treasurer


6747 Anders Terrace Vice President Treasurer, Affiliate Board AR-10
Springfield, VA 22151 1601 K Street, NW Treasurer, Corporate Affiliate Board
(H) 703-642-5582 10th Floor Executive Committee
(W) 202-835-4460 Washington, DC 20006 Chair, Project Strategies
(F) 202-835-5982 casey.brill@pnc.com Chair, Finance

Rev. Kenneth Jackson Alexandria District UMC Executive AL-11


District Superintendent
5001 Echols Avenue
Alexandria, VA 22311
(O) 703-820-7200
(F) 703-845-8147
arlingtonds@novaumc.org
Mr. Michael W. Graff, Jr. McGuireWoods Chair
Partner Executive AR-11
1750 Tysons Boulevard, Suuite 1800
McLean, VA 22102 Ex-officio member of all
(O) 703-712-5110 Committees
(F) 703-712-5191
mgraff@mcguirewoods.com

Mr. Jeffrey B. Greenspan Database & LAN Solutions Finance AR-13


Fairfax, VA 22032 Owner Project Strategies
(C) 571-238-6470 5051-B Backlick Road
Annandale, VA 22003
(O) 703-752-3500
(F) 703-752-3501
jeffgreenspan@dbls.com

Mrs. Nancy L. Minter Urban Institute Library Secretary AR-12*


3137 Eakin Park Court Director, Information Resources Executive Committee
Fairfax, VA 22031-2614 2100 M Street, NW President, Corporate Affiliate Board
President, Affiliate Board (tax credit
(H) 703-280-4996 Washington, DC 20037 properties)
(O) 202-261-5534 Chair, Governance
(F) 202-452-1840 Resource Development
nminter@urban.org Chair, Strategic Planning

*2nd term, not eligible for reelection to Board 1 Rev. 03/2010


Wesley Housing Development Corporation
Board of Directors Executive Committee
POSITION CHURCH/
NAME & ADDRESS EMPLOYMENT COMMITTEE TERM
Ms. Shelley S. Murphy Wesley Housing Development Corporation President/CEO N/A
8334 Cathedral Forest Drive President/CEO Executive Committee
Fairfax Station, VA 22039 5515 Cherokee Ave Sec., Affiliate Board
(H) 703-690-0985 Suite 200 Sec., Corporate Affiliate Board
(C) 703-887-3571 Alexandria, VA 22312
shelley.murphy1@verizon.net (O) 703-642-3830 x. 212
(F) 703-941-1724
smurphy@whdc.org

Ms. Beth Pautler INOVA Chair, Wesley Agape Board AR-11


8922 Grand Staff Court (Retired) ASI Board
Springfield, VA 22153 Executive Committee
(H) 703-569-2387 Legal/ Personnel
pautler1@cox.net Resident Services
Chair, Resource Development

*2nd term, not eligible for reelection to Board 2 Rev. 03/2010


TAB F
(Architect’s Certification)
EarthCraft Virginia MultifamilyTM
Sensibly Built for the Environment
RENOVATION WORKSHEET 2009
IECC 2004 Climate Zone 4
An individual Scoring Worksheet must be submitted to EarthCraft Multifamily for each renovation project to be certified. An
EarthCraft Multifamily certification requires 100-160 points, depending on the type of renovation being performed. In addition to
the completed worksheet, each project must be inspected by an EarthCraft Multifamily Inspector before, during and after the
renovation and commissioned energy modeling showing performance at least 30% more than predemolition conditions. Finally,
any and all appropriate documentation must be provided.

Points Required Type of Renovation


100 renovations that do not add conditioned space or alter floor plans
120 renovations that alter floor plans or add conditioned space, but do not change exterior shell of building

Worksheets may be submitted via mail, fax, or email.


Mail: EarthCraft House
1431 W. Main St.
Richmond, VA 23220
Fax: (804) 562-4159
Email: admin@earthcraftvirginia.org
Project: Mount Vernon Apartments
Renovator Group: Wesley Mt. Vernon Owner LLC
Contact Person: Leslie A. Steen
Phone: 703.642.3830 x 217
Fax:
Email: lsteen@whdc.org

Project Address: 8263 Russell Road, Alexandria, VA 22309

Renovating Contractor - By accepting the EarthCraft Multifamily certification, I pledge that this project has been remodeled to
the standards listed on this Worksheet.

Renovator Signature date

Property Owner - I have reviewed the EarthCraft Multifamily measures with the renovating contractor.

Property Owner Signature date

EarthCraft Multifamily Technical Advisor

Technical Advisor Signature date

VA 4.2009 Page 1
POINTS SCORE DOCUMENTATION
1- HIGH PERFORMANCE BUILDING ENVELOPE AND SYSTEMS
1 REQUIRED: All projects must meet an Infiltration threshold of .60 ACH to be eligible for certification
2 REQUIRED: All exposed envelope penetrations or gaps must be air sealed X
1A- AIR TIGHTNESS (must meet threshold of .60 ACH)
1 reduce air infiltration in units by 30% below threshold 10 blower door test
2 reduce air infiltration in units by 40% below threshold 20 blower door test
3 reduce air infiltration in units by 50% below threshold 30 30 blower door test
AIR TIGHTNESS SUBTOTAL 30
1B- IMPROVEMENTS TO EXISTING WINDOWS
1 replace single-paned windows with NFRC low-e double-paned windows (minimum of 75%
12 window label
of windows must be replaced with U=0.40 and SHGC=0.45 or better )
2 replace single-paned windows with NFRC low-e double-paned windows (minimum of 75%
15 15 window label
of windows must be replaced with U=0.35 and SHGC=0.35 or better )
3 install storm windows on single-paned windows 3
4 install low e storm windows 5
5 install solar shade screens on clear glazed windows 5
6 apply window film to clear glazed windows 4
EXISTING WINDOWS SUBTOTAL 15
1C- IMPROVEMENTS TO EXISTING WALLS & NEW INTERIOR WALLS
1 blow insulation into uninsulated walls where wall framing is not exposed (minimum of 75%
15
of uninsulated wall area must be insulated to R-13 or better)
2 air seal and insulate all wall cavities to R-13 or better where wall framing is exposed (air
sealing must include plate penetrations, sheathing seams & penetrations, and the gap 10
between sheathing and plate)
3 air seal and insulated previously uninsulated band joist between floors to R-13 or
better (sometimes band joist is accessible when demolition removes floors, ceilings, or 5
soffits)
4
air seal and insulate previously uninsulated band joist between floors to R-19 or better
8
(sometimes band joist is accessible when demolition removes floors, ceilings or soffits)

5 exterior cladding (min 3 sides with 40-year warranty or masonry) 1


6 walls covered with builder paper/housewrap (drainage plane) & tape seams 1
7 siding with vented rain screen 1
8 back-primed siding and trim 1
9 install dampers on all existing fireplace flues 2
EXISTING WALLS SUBTOTAL
1D- IMPROVEMENTS TO EXISTING FLOORS & FOUNDATIONS
1 REQUIRED: seal all floor penetrations - X
2 seal and insulate floor over unconditioned crawlspace or basement with R-19 batt
insulation (air sealing must include all plumbing, electrical, and HVAC penetrations plus 7 7
any chases)
3 seal and insulate floor over unconditioned crawlspace or basement with R-19 spray-
copy of insulation
applied insulation (air sealing must include all plumbing, electrical, and HVAC 15
certificate
penetrations plus any chases)
4
air seal crawlspace walls or basement walls and insulate to R-10 continuous/R-13 cavity or
better (air sealing must include gaps and penetrations in the band joist, crawlspace vents, 20
and penetrations through walls) - 100% sealed vapor barrier on ground required

5 improve existing roof gutters to discharge water 5 feet away from foundation 3 3
6 install new foundation drain system 5
7 install vapor barrier on floor of crawlspace: 6 MIL minimum, 100% coverage with perimeter,
4 4
seams and all penetrations sealed
EXISTING FLOORS & FOUNDATIONS SUBTOTAL 14

VA 4.2009 Page 2
POINTS SCORE DOCUMENTATION
1E- IMPROVEMENTS TO EXISTING ATTICS
1 REQUIRED: cap, seal and insulate all chases -
2 for attics with R-15 or less existing insulation: air seal all attic pentrations and insulate to R-
copy of insulation
30 (air sealing must include all plumbing electrical, and HVAC penetrations plus any 10
certificate
chases)
3 for attics with R-15 or less existing insulation: air seal all attic pentrations and insulate to R-
copy of insulation
38 (air sealing must include all plumbing electrical, and HVAC penetrations plus any 14
certificate
chases)
4 for attics with R-15 to R-30 existing insulation: air seal all attic pentrations and insulate to R-
copy of insulation
38 (air sealing must include all plumbing electrical, and HVAC penetrations plus any 8 8
certificate
chases)
5
for attics with R-15 or less existing insulation and seal all attic vents and insulate the copy of insulation
20
roofline of house with spray-applied insulation, turning the attic into semi-conditioned space certificate

6
for attics with R-15 to R-30 existing insulation and seal all attic vents and insulate the copy of insulation
12
roofline of house with spray-applied insulation, turning the attic into semi-conditioned space certificate

7 install radiant barrier in attic 4


8 sheath, air seal, and insulate attic kneewalls to R-19 3
9 seal and insulate all attic access openings with in conditioned space 3
EXISTING ATTICS SUBTOTAL 8
1F- IMPROVEMENTS TO, OR REPLACEMENTS OF, EXISTING HVAC SYSTEMS
1 REQUIRED: All replacement air handlers & duct work sealed with mastic - X
2 REQUIRED: No electric resistance heat as primary*** - X
3 REQUIRED: All systems not being replaced must be serviced and refrigerant
- documentation
charged within 12 months of construction (prior to certification) X
4
REQUIRED: Maximum oversizing of new cooling equipment 15% of Manual J (all)
- X Manual J

5
REQUIRED: Maximum oversizing of new heating equipment 25% of Manual J (all)
- X Manual J

6 REQUIRED: All returns ducted to dedicated return grill - X


7 REQUIRED: All new forced air distribution systems <10% air flow capacity X
8 REQUIRED: 8.2 HSPF/ 11.5 EER/ 13 SEER - X
9 replace furnace (AFUE less than 75) with a new 90+ AFUE furnace/ 8.5 HSPF 15
10 replace furnace (AFUE 75-85) with a new 90+ AFUE furnace/ 8.5 HSPF 10 10
11 replace air conditioner (SEER less than 8) with a new 14 SEER unit 12
12 replace air conditioner (SEER 8-11) with a new 14 SEER unit 10
13 replace air conditioner (SEER less than 8) with a new 15 SEER unit 15
14 replace air conditioner (SEER 8-11) with a new 15 SEER unit 12 12
15 replace air handler with variable speed blower 8
16 for systems with >20% leakage: reduce duct leakage by 50% 10 duct blaster test
17 reduce duct leakage below 10% 10 duct blaster test
18 remove panned returns in duct systems and replace with actual ducts 5
19 replace existing duct system with new rigid trunk and takeoff system 5
20 retain existing rigid trunk & replace takeoff system 3
21 add R-8 to previously uninsulated ducts 3
22 insulate already insulated duct work to R-8 2
23 provide return pathways for all supply air 3
24 airflow for each duct run measured and balanced 3 submit w/ worksheet
EXISTING HVAC SYSTEMS SUBTOTAL 22
HIGH PERFORMANCE BUILDING TOTAL 89

VA 4.2009 Page 3
POINTS SCORE DOCUMENTATION
2- VENTILATION
1 REQUIRED: No unvented combustion fireplaces or space heaters are permitted as part of project.
2 REQUIRED: All ducts protected until flooring's completed.
3 install carbon monoxide detectors (one per unit required) 4
4 install radon/soil gas vent system 3
5 install low noise (< 2.0 sones) ENERGY STAR bath fans in additions 2 product literature
6 install low noise (< 2.0 sones) ENERGY STAR bath fans in pre-existing unit 2 2 product literature
7 install new automatic tub/shower room fan controls (e.g. timer) 1 1
8 install new kitchen range hood or downdraft vented to exterior 3 3
9 install new ceiling fans (minimum of 2 fans/unit) 1
10 install new whole unit fan 2
11 install new controlled house ventilation (<0.35 ACH) 4
12 install new dehumidification system (in addition to condensing coil) 5
13 create new vented storage room 1
14 create water heater combustion closet or install power vented unit 6
15 remove power roof vents 1
16 new filter/air cleaner MERV 8 or greater 2 product literature
17 ducts protected until construction is completed 2 2
18 remove all existing unvented fireplaces and space heaters 3 product literature
19 install rigid metal ductwork for all new bath exhaust fans 1
VENTILATION TOTAL 8
3- WATER - INDOOR
1 REQUIRED: All new fixtures must meet National Energy Policy Act standards for low flow.
2 install water filter (NSF certified) 1 product literature
3 install high efficiency clothes washer (in unit) 2 product label
4 replace all existing showerheads with max 1.75 gal/min showerheads 6 6 product literature
5 replace all existing showerheads with max 2.25 gal/min showerheads 4 product literature
6 replace all existing toilets with max 1.30 gal/flush or dual flush toilets 6 6 product literature
7 replace all existing toilets with max 1.45 gal/flush toilets 4 product literature
8 install hot water demand re-circulation system 2
9 install water heater jacket on water heater 1
10 install water heater pipe insulation on first two feet of pipe 1
11 install solar domestic water heating 8
12 install tankless gas water heating system 8
13 install heat pump water heater (De-Superheater) 4
14 install high efficiency water heater (exceed min EF: gas 0.62, electric 0.93) 6 energy guide label
WATER - INDOOR TOTAL 12
4- FIXTURES & FINISHES
1 install ICAT rated recessed integrated ballasts and CFL bulbs 5
2 replace minimum 50% of incandescent interior lights located in high use areas (kitchen,
3
main living areas, foyer,hall, bath) with ENERGY STAR fixtures product literature
3 replace 100% of incandescent interior lights with ENERGY STAR fixtures (including ceiling
6 6
fans and ventilation fans)
4 replace 100% bulbs of incandescent interior lights with compact fluorescent bulbs 2
5 install automatic outdoor lighting controls (motion sensors) 2
6 install automatic outdoor lighting controls (integral photocells) 2
7 install high efficiency exterior lighting 2 product literature
8 install ENERGY STAR dishwasher 1 1 product label
9 install ENERGY STAR refrigerator 5 5 product label
10 reclaimed wood flooring 2 product literature
11 recycled content tiles (min 30% recycled) 2 product literature
12 cork or bamboo flooring 1
13 new carpet (min 50% recycled) 2 2 product literature
14 new carpet pad (min 50% recycled) 1 1
15 all new cabinets, shelves, and countertops are urea formaldehyde free 1 product literature
16 all new and existing surfaces of particle board sealed 1
17 low VOC paints used (less than 150 g/L on 100% of walls) 2 2 product literature
18 low VOC stains and finishes used on wood floors 1 product literature
19 new carpet low VOC certified by the Carpet & Rug Institute 2 2 product literature
FIXTURES & FINISHES TOTAL 19
VA 4.2009 Page 4
POINTS SCORE DOCUMENTATION
5- WASTE MANAGEMENT
1 REQUIRED: No construction materials shall be burned or buried on job site or anywhere but in a state-approved landfill.
5A- RECYCLE CONSTRUCTION WASTE
1 divert 75% beverage containers from work crews 1
2 divert 75% cardboard from new fixtures & appliances 1 1
3 divert 75% metal (copper piping, wires, or sheet metal) 2 2
4 divert 75% wood (grind and use as mulch) 3
5 divert 75% drywall (installers can grind, or remove and recycle) 3 3
6 divert 75% carpet (new carpet installers can recycle old carpet) 2 2
RECYCLE CONSTRUCTION WASTE SUBTOTAL 8
5B- SALVAGE FOR REUSE (On or off jobsite)
1 appliances (refrigerators, and/or dish washers, and/or stoves: min. 50%) 3 if off site, letter
2 cabinets, millwork, or trim (min of 50%) 2 if off site, letter
3 wood floors 3 if off site, letter
4 doors (minimum of 2 doors/unit) 2 if off site, letter
5 bathtubs or sinks (min of 50%) 2 if off site, letter
6 reuse 100% of bathtubs or sinks 2
SALVAGE FOR REUSE SUBTOTAL
WASTE MANAGEMENT TOTAL 8
6- LANDSCAPING/SITE MANAGEMENT PRACTICES
1 soil tested and amended 4 test results
2 native and drought tolerant plants installed (min of 85%) 4 4 species list
3 no irrigation 2 2
4 install drip irrigation system 2
5 install greywater irrigation 5
6 new outdoor decking and porches (min 40% recycled) 2
7 install rainwater harvest system 3
8 erosion control site plan 2 2 site plan
9 regrade land to slope away from building 2 2
10 use of redundant mulch, compost, or straw bales for erosion control 3
11 individual trees fenced at drip line (1 point per tree, max 5 trees) 1 per tree
LANDSCAPING/SITE MANAGEMENT TOTAL 10
7- HOMEOWNER & CONTRACTOR EDUCATION
1 lead paint test performed 2 2 copy of results
2 asbestos test performed 2 2 copy of results
3 perform radon test and provide results to homeowner/leasee 2 copy of results
4 provide energy operations orientation and binder to homeowner/leasee 1 copy of binder
5 install built-in recycling center 2
6 contractor has Certified Land Disturber on site/staff 2 certificate
HOMEOWNER & CONTRACTOR EDUCATION TOTAL 4

VA 4.2009 Page 5
POINTS SCORE DOCUMENTATION
8- BONUS POINTS
1 site located within 1/2 mile of mass transit 3 3
2 sidewalk connects project to business district (max 2 miles) 2 2
3 street trees--minimum interval 40 ft. 3
4 solar electric system providing 10% of project requirements 25
5 alternative fuel vehicles: electric charging station or natural gas pump 4
6 alternative transportation accommodation: bike racks, covered bus stop, etc. 4
7 dedicated pedestrian and bicycle access to surrounding sites 3
8 housing affordability -- 5% 1
9 housing affordability --10% 2 2
10 average density greater than 15 units per acre 3 3
11 centralized community recycling center 5 5
12 community garden areas 3
13 universal design incorporated in minimum 80% of units 5
14 handicapped visitability at least 150% of minimum unit number required by code 3
15 exterior lighting designed to reduce light pollution 4 lighting plan
16 proximity to Regional Bike Path -- Existing 1
17 proximity to Regional Bike Path -- Planned 1
18 common areas use alternative energy (solar pool heater or solar lighting) 5
19 exceeds ENERGY STAR or 30% goal (1 point for each 5%) 2
20 Innovation points - Builder submits specifications for innovative products or design features
to qualify for additional points
BONUS POINTS TOTAL 17
EARTHCRAFT HOUSE TOTALS
HIGH PERFORMANCE BUILDING 89
VENTILATION 8
INDOOR WATER 12
FIXTURES & FINISHES 19
WASTE MANAGEMENT 8
LANDSCAPING/SITE MANAGEMENT 10
HOMEOWNER & CONTRACTOR EDUCATION 4
BONUS POINTS 17
GRAND TOTAL 167
Points Required
100 renovations that do not add conditioned space or alter floor plans
120 renovations that alter floot plans of add conditioned space

VA 4.2009 Page 6
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Ben Adamson 01/22/2008
John Alford 11/05/2008
Lee Alford 02/17/2011
Amazetta Anderson 01/22/2008
Penny Anderson Stephen Thomas Homes 10/30/2007
John Andrews Newport News RHA 01/08/2009
Charles Ansell ACA Architects, PC 05/24/2006
Charles Ansell ACA Architects, PC 01/08/2009
Tom Armstrong 05/24/2006
Tom Armstrong 01/28/2010
Colin Arnold 01/08/2009
Jeremy Arnold Bonstra Haresign Architects 04/22/2009
Matt Astrin 02/17/2011
Daniel Atkins 11/05/2008
Mitchell Ayers Winks - Snowa Architects, PC 01/28/2010
Sharon Ayers Senior Citizens Advocate Dept. of Human Svcs. 01/08/2009
Ed Baber CrossGap Ministries Inc. 01/22/2008
George R. Baker III 02/17/2011
Lou Balodemas Balodemas Architects 01/18/2006
Barbara Bane NNRHA 01/22/2008
Barbara Barnes Department of Human Services 01/08/2009
Sofia Barr 11/05/2008
Jeffery Barra Toano Design, Inc 01/08/2009
Jeffery Barra Toano Design, Inc 01/28/2010
Julie Baskerville Lessard Group 02/21/2007
Preston Basnight Kroskin Design Group, PC 01/08/2009
Bobby Beasley VG Apartments 02/21/2007
Robert Berz 02/17/2011
Raymond Beverage IEC-CIL 10/07/2010
Raymond Beverage Prince William Commission on Aging 04/22/2009
Michael Binette 02/17/2011
James Black 02/17/2011
Chris Blake 01/22/2008
Gwen Blue Hayden Group 01/08/2009
Kay Boaz Real Living Evergreene Properties 10/07/2010
Latoya Bobb-Semple Venture Investment Partnership 02/21/2007
Stephanie Boczar 05/24/2006
Daniel Bolinaga 12/11/2006
Donald Booth DJG, Inc 05/27/2010
Robert Boucheron 01/28/2010
Chelsey Bourgeois 05/24/2006
Gary Bowling Guernsey Tingle Architects 01/08/2009
Stephanie Bowman 01/22/2008
Sharon Brandau Peninsula Agency on Aging, Inc. 01/08/2009
Gregory Brenzinski A2RCI Architects 01/18/2006
Michael Bricker Balzer and Associates, Inc. 04/22/2009
Brian Brown Access Independence 04/22/2009
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Jim Bryan Heffner Architects 04/22/2009
James Bundy 11/05/2008
Jane Burnette Fauquier County Disability Services Board 10/07/2010
Jane Burnette Independence Empowerment Center 04/22/2009
Christopher Burns William R. Beach Homes, Inc. 02/21/2007
Matthew Burton Matthew G. Burton and Associates, LLC 01/08/2009
Anthony Bulter 02/17/2011
Robert Butler 05/24/2006
Robert Butwin 01/22/2008
Theodore Cage Wiencek + Associates Architects + Planners 04/22/2009
Andrew Caldwell LeMay Erickson Architects 12/11/2006
Joe Callahan 01/22/2008
Scott Campbell 02/17/2011
Russell Carlock Norfolk Redevelopment & Housing Authority 02/21/2007
Dennis Carney Caroline County Planning Dept. 02/21/2007
Sanjay Chapekar 02/17/2011
Rob Chapman 01/22/2008
Hsien-Yuan Chen 01/22/2008
Lee Chen 01/18/2006
Shane Cockran 12/11/2006
Michelle Cohn 01/28/2010
Bob Congdon 01/22/2008
Dave Cooper Fauquier County 10/07/2010
Gregory Coupe Monarc Construction 10/07/2010
Douglas Covington, II 01/28/2010
Dawin Cox Fauquier County Disability Services Board 10/07/2010
James Cross 05/24/2006
Garland Curtis 12/11/2006
Jeff Dalton 01/28/2010
R. Drew Dalton Dunn & Dalton Architects 01/08/2009
Tim Daniel 01/22/2008
Wanda Daniel 01/22/2008
Dianne Davis 01/28/2010
Mary Davis Wesley Housing Development Corporation 05/24/2006
Bonnie Dawson 05/24/2006
William Deal 01/28/2010
William F. Deal, Jr. 01/18/2006
Mark Dean Dean Company 02/21/2007
Daniel DeBettnencourt DBF architects 10/07/2010
John DeHaven 05/24/2006
Joel DeLeon 12/11/2006
Frank Destefano 01/22/2008
Frank DeStefano DeStefano Architectural Group 01/08/2009
Thomas DeVane 01/28/2010
Quy Do 01/22/2008
Jennifer Donohue
Thomas Doughtie 01/22/2008
Alan Downie 01/22/2008
Stephen Drake 12/11/2006
David Draper Collins & Kronstadt-Leah, Hogan, Collilns, Draper, L.L.P. 01/08/2009
Laurie DuBose 12/11/2006
Jim Dumminger 11/05/2008
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Dick Duncan Accessibility Consulting 01/22/2008
J. Michael Dunn 01/18/2006
Anne Durkin BAM Architects 04/22/2009
Bonnie Echols Ketoctis 10/07/2010
Carina Elgin DSB Member 10/07/2010
Pedro Escario 01/22/2008
Michael Foltz 01/22/2008
Gregory Fregh 11/05/2008
Debbie Frye 01/18/2006
Rick Funk dBF Associates, Architects 05/24/2006
Rick Funk dBF Associates, Architects 01/28/2010
Joshua Galloway Better Housing Coalition 01/18/2006
Regina Gerner 01/22/2008
Lorinda Gholar 12/11/2006
Jody Gibson The Lane Group, Inc. 04/22/2009
Larry Goldman Mayfair Management, Inc. 05/24/2006
Dexter Goode 12/11/2006
Richard Gordon 12/11/2006
Charles Greenberg EDG Architects 01/22/2008
Hunter Greene 01/28/2010
Roger Guernsey Roger S. Guernsey, Architect 02/21/2007
Tim Gunderman 01/28/2010
Bob Gurley 12/11/2006
Carl Gutschow 01/28/2010
Steve Hagan Rappahannock Rapidan Community Services Board 10/07/2010
Patrick Haggerty Balodemas Architects Chtd. 05/24/2006
Judy Hairfield Stock Building Supply 02/21/2007
Bob Hale Town of Warrenton 10/07/2010
Jeff Hall J. Hall Homes, Inc. 04/22/2009
Joanna Hall 12/11/2006
Sylvia Hallock 02/17/2011
Sue Hansohn Culpepper Human Services 10/07/2010
Jeffery Harbinson 01/22/2008
Carl Hardee Lawson Realty Corp 01/08/2009
Mickey Harden Aurora Consulting, LLC 10/30/2007
Tammy Harden Aurora Consulting, LLC 10/30/2007
David Haresign 11/05/2008
Leon Harper Leon Harper & Assoc. Housing 12/11/2006
Ed Harris 01/22/2008
Doug Hart Douglas Development LLC 12/11/2006
Gary Harvey 02/17/2011
Don Harwood Hill Studio, P.C. 01/28/2010
Donald Harwood Hill Studio, P.C. 12/11/2006
Donald Harwood Hill Studio, P.C. 01/08/2009
Thoria Hassam 01/28/2010
Michael Haynes 02/17/2011
Ralph Haynie Art & Architecture, Inc. 02/21/2007
Thomas Heatwole Comonwealth Architects 04/22/2009
Michael Heckman Jefferson Area Board for Aging 05/24/2006
William Hedger Habitat for Humanity 02/21/2007
James Heffner Heffner Architects 04/22/2009
David Heim Norfolk Redevelopment & Housing Authority 02/21/2007
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Charles Hendricks 01/28/2010
William Hess 01/22/2008
Sandra Hester Interior Designer 01/08/2009
Ken Hiatt 12/11/2006
Kelly Hickok 12/11/2006
Jason Hinds 01/22/2008
Jason Hinds 02/17/2011
Earl Howerton 01/18/2006
James Hricko James Hricko Architect LLC 10/07/2010
Robert Hull 11/05/2008
Mark Humbertson 01/22/2008
David Hunter 11/05/2008
Belinda Hurlburt 12/11/2006
Cynthia Ianni 05/24/2006
Cynthia Ianni 01/28/2010
Karen Irvin Rust Orling Architecture 04/22/2009
James Jackson 01/28/2010
Robert Jackson 01/22/2008
Sharon Jadrnak Habitat Virginia 10/30/2007
Philippe Jentsch MIFA Architecture 02/21/2007
James Johnson 12/11/2006
Patrick Johnson 01/22/2008
Ryne Johnson Astoria, LLC 01/28/2010
Stephanie Johnson 02/17/2011
Robert Johnston 01/18/2006
Wayne Jones 11/05/2008
Dora Kay 02/17/2011
Lisa Kelly 12/11/2006
James Kirby DJG, Inc 05/27/2010
Laura Kiser 01/22/2008
Kenneth Kite Tomberlin Associates, Inc. 01/18/2006
Lawrence Kliewer Jr. Cox Kliewer and Co. PC 02/21/2007
Scott Knudson 02/17/2011
Peter Kooken Heartwood Corporation 04/22/2009
Irwin Kroskin Kroskin Design Group, PC 01/22/2008
Irwin Kroskin Kroskin Design Group, PC 01/28/2010
Jonathan Kucera 01/22/2008
Jonathan Kucera 11/05/2008
Brenda Landes 01/22/2008
Casey Landrum Habitat for Humanity - Virginia 04/22/2009
Mark Larson Baskervill- Architect-Principle 01/08/2009
Shawn Lawrence 12/11/2006
Bruce Leuthold NRHA 01/18/2006
Oy Bill Lieu 05/24/2006
Emmett Lifsey Calloway Johnson Moore & West, P.A. 11/05/2008
Ken Linehan 01/22/2008
Alfred Liu AEPA Architects Engineers, P.C. 04/22/2009
Ronald Lloyd RDL Architects, Inc. 10/30/2007
Mary Lopez Independence Empowerment Center 10/07/2010
Mary Lorino 01/28/2010
Jennifer Lovejoy 11/05/2008
Walter Lucas 01/18/2006
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Russell Ludwig 01/28/2010
Anne Manson Interior Design Dev. Inc 01/08/2009
Jennifer Marca 11/05/2008
Barry Marsh MarshWitt Associates, P.C. 02/21/2007
George Martin 05/24/2006
Jackie Martin Martin Riley Associates 04/22/2009
Jennifer Martin 01/28/2010
Larry Martin Martin & Co. Architects, Inc. 11/05/2008
William Massey Peninsula Agency on Aging, Inc 01/08/2009
John Matthews Mitchell Matthews Arhitects 10/30/2007
Scott Matties 11/05/2008
James McAllister 01/22/2008
Bill McClellan Pinnacle Construction 01/18/2006
Mary McFarland 05/24/2006
Sarah McInerney 11/05/2008
Virginia McInturff 05/24/2006
L. Scott McKennon 01/22/2008
John McLaurin Lessard Group, Inc. 01/18/2006
Derek Merricks 01/28/2010
Jeff Meyer VCDC 01/18/2006
Carlton Miles 05/24/2006
Judith Miller 02/17/2011
Peggy Miltenberger Dise & Associates 12/11/2006
Ronald Mittelman Locust Hill, Inc. 05/24/2006
Michael Molzahn 11/05/2008
Ronald Moore 12/11/2006
Anne Morgan 01/18/2006
Paul Moyer 01/22/2008
Christopher Murray Jefferson Area Board for Aging 04/22/2009
Linda Murry Century 21 Adventures 02/21/2007
Robert Nawigah 12/11/2006
Wayne Neale Neale Architects 12/11/2006
Michael Newton 01/28/2010
Melody Nobleza Lessard Group 02/21/2007
David Norden Hingrley Shepherd Norden PLC 10/07/2010
Molly O'Conner 01/22/2008
Katie O'Neal 02/17/2011
Takehiko Otsdia 12/11/2006
Tara Overton 05/24/2006
John Ozmore DJG, Inc 01/08/2009
Peter Ozolins Peter Ozolins Architecht, P.C 02/21/2007
Sam Palmer 01/18/2006
Richard Park Pinnacle Construction 01/18/2006
William N. Park Pinnacle Construction 01/18/2006
Mary Parker 02/17/2011
Linda Pearman Stephen Thomas Homes 10/30/2007
Martha Peerman 05/24/2006
Ray Pentecost 01/22/2008
Donna Phaneuf 02/17/2011
Melissa Phillips 12/11/2006
Darlene Pine 05/24/2006
Susan Plaster 01/22/2008
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Susan Plaster 01/28/2010
Walter Ploskon 02/17/2011
Tina Pogliani 12/11/2006
Lois Polifka 01/08/2009
Michael Puryear More Than Tile, LLC. 10/30/2007
Carrie Quinn 01/28/2010
Ronald Quinn 01/28/2010
Robin Raines 01/28/2010
David G. Ralston Fauquier County 10/07/2010
Warren Ralston Lessard Group 02/21/2007
Steve Ramey RE/Max Regency 10/07/2010
Michael Raphael Architectural Design Associates 01/18/2006
Jaime Rasmussen 11/05/2008
Jeffrey Ratliff 11/05/2008
Michael Redifer 05/24/2006
Kim Reed Reed Homes 02/21/2007
Steve Reed Habitat for Humanity - Virginia 04/22/2009
Linda Reid DSB Member 10/07/2010
Stewart Reid 05/24/2006
Beau Richards 01/28/2010
Warren Righter 01/28/2010
Warren Righter 02/17/2011
Bill Ripley Rodriguez Ripley Maddux Motley Architects 01/18/2006
Wally Robinson 01/28/2010
Angel Rodriguez Lessard Group 02/21/2007
Lee Rooney 01/28/2010
Gilbert Rosenthal 02/17/2011
James Ross, II 01/18/2006
James Ross, II 11/05/2008
James Ross, II 01/28/2010
George Rowe Rush Homes 01/22/2008
George Rowe Rush Homes 01/08/2009
Rebecca Rowe 02/17/2011
J. Mitchell Rowland, III 12/11/2006
Patricia Rowley 01/28/2010
Eric Rueger 01/28/2010
Rick Ruhf Ruhf Platt Willard Architects, Ltd. 10/30/2007
Steven Ruiz 02/17/2011
Clarence Russell 01/22/2008
Jaimi Russell 01/22/2008
John Rust 01/28/2010
Nicholas Ryder 01/22/2008
David Sadowski Crater District Area Agency on Aging 10/30/2007
Will Sanford Housing Opportunities Made Equal of Virginia Inc. 11/05/2008
Vandana Sareen TCG Development Services, LLC 01/22/2008
Jocelyn Scherr Habitat Virginia 10/30/2007
Eugene Schiavo 12/11/2006
Joe Schneider Lessard Group 02/21/2007
Logan Schutz Grimm & Parker 03/09/2010
Ellen Shackleford Connections Access Consulting Services 02/21/2007
Rick Shepherd Hingrley Shepherd Norden PLC 10/07/2010
John Shields 01/22/2008
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Bruce Shirley 11/05/2008
Megan Shope 01/28/2010
Matthew Shriver Architect/Shriver and Holland Assoc. 01/08/2009
Mark Smith MAS Associates, LLC 01/18/2006
Mark Smith 01/28/2010
James Snowa Winks - Snowa Architects, PC 11/05/2008
Alan Sparber First Centrum 02/21/2007
Scott Speser 11/05/2008
Grover Starbuck B&B Consultants, Inc. 04/22/2009
Diane Starkey 05/24/2006
Keriann Steinruck 01/28/2010
David Stembel Barton Partners 04/22/2009
Chris Sterling VACDC 01/18/2006
Robert Stern Riddick & Associates, P.C. 12/11/2006
Zoraya Stern 05/24/2006
Thomas Stodghill 12/11/2006
Ronald Styles 01/22/2008
Anne Sutliff Calude Moore Charitable Foundation 10/07/2010
Ed Tam 02/17/2011
Jeffery Taylor 01/22/2008
Patricia Temple 05/24/2006
Stephen Thomas Stephen Thomas Homes 10/30/2007
Al Thomason 12/11/2006
Jocelyn Tichenor 01/28/2010
Nader Tomasbi The Commodore Corp. 02/21/2007
Daniel Tosch 01/22/2008
Rocco Tricarico NorNeck, LLC 05/24/2006
Rocco Tricarico NorNeck, LLC 01/08/2009
Rocco Tricarico NorNeck, LLC 01/28/2010
Greg Tucker 01/28/2010
Daniel Tyhen 04/22/2009
Gary VanAlstyne VA Solutions 10/07/2010
Terry VanBrackle 10/07/2010
William Vaucuan 12/11/2006
Amy Vealey Art & Architecture, Inc 02/21/2007
Gifford Vernon 01/08/2009
William Wade Senior Services of Southeastern VA 01/08/2009
Olin Walden 01/22/2008
Joleen Wallace Eyestone Development LLC 01/08/2009
Thomas Wallinga 11/05/2008
Bruce Wardell BRW Architects 03/08/2010
Fronce' Wardlaw Project Faith, Inc. 02/21/2007
Seth Warner 01/18/2006
Rebecca Warntz 05/24/2006
Douglas Weatherby 12/11/2006
Michael Weaver 02/17/2011
Bernard Weinstein Bernard I. Weinstein & Assoc., Architects 12/11/2006
Bernard Werwie Fairfax Realty 02/21/2007
Mary Wheeler MQW Architect 04/22/2009
Jennifer Whitaker 05/24/2006
Kathryn Whitworth 12/11/2006
Scott Wilets EDG Architects 02/21/2007
Universal Design Certificate Holder Listing
(This is a list of attendees only as of 2/23/11 and includes persons who are not registered Architects.)

First Name Last Name Affiliation Course Date


Michele Williams-Grant 01/22/2008
Don Willis Central VA Housing Coalition 02/21/2007
Adam Wilson 01/28/2010
Allison Wingfield Rush Homes 01/08/2009
Edward Winks 01/28/2010
David Winn 01/18/2006
Catherine Winston 01/22/2008
Don Witt Marsh Witt Assoc. (currently w/ Hughes Associates) 11/05/2008
Kelly Wood 12/11/2006
Kevin Wood Piedmont Housing Alliance 10/30/2007
Jacquie Woodruff Fairfax County AAA 10/30/2007
Tom Wotton Home Sweet Home Improvments 10/07/2010
Russell Wydner Sunbelt Rentals 02/21/2007
Desi Wynter Richmond Redevelopment & Housing Authority 12/11/2006
Patrick Zampetti Studio Z Architecture, Inc 10/30/2007
Morris Zasler 01/18/2006
Bruce Zavos Zavos Architecture & Design 01/22/2008
Al Zemaitis Zemanitis & Associates, Architets 10/30/2007
TAB G
(Relocation Plan)
 

Wesley Housing Development Corporation


Draft Relocation Plan: Mt. Vernon Apartments

Table of Contents
I. Contact Persons
II. Project Summary and Overview
III. Projected Post-Rehab Changes
IV. Relocation Plan Implementation
V. Construction Impact Minimization

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 1 

 
 
I. CONTACT PERSONS

Owner/Developer: Wesley Housing Development Corporation


Contact: Leslie Steen, Vice President of Real Estate
5515 Cherokee Avenue, Suite 200
Alexandria, VA 22312
(703) 642-3830 x217
lsteen@whdc.org

Property Management: Wesley Housing Development Corporation


Contact: Frank Mooney, Director of Property Management
5515 Cherokee Avenue, Suite 200
Alexandria, VA 22312
(703) 642-3830 ext. 225
fmooney@whdc.org

Relocation Management: Wesley Housing Development Corporation


Contact: TBD
5515 Cherokee Avenue, Suite 200
Alexandria, VA 22312
(703) 642-3830

The rehabilitation schedule will be coordinated by the Relocation Manager, Property Manager and the Contractor in
order to provide the residents sufficient information throughout the process through notices and meetings so as to
minimize resident inconvenience and confusion during the rehabilitation period.

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 2 

 
 
II. PROJECT SUMMARY AND OVERVIEW

A. Project Summary
Mount Vernon Apartments is a 183-unit garden apartment community in Alexandria Virginia (Fairfax County). It is
located along the Route 1 corridor approximately 3 miles from Fort Belvoir. The property was originally constructed
in 1965 and consists of seven three-story garden style apartment buildings on 7.773 acres of land. Currently, the
property includes 72 one-bedroom, 90 two-bedroom and 21 three-bedroom units ranging from 747 to 1,066 square
feet.

The property is individually metered for electricity and residents pay for the cost of their own heating and air
conditioning. The landlord, through a central gas fired boiler in each building, provides hot water. Most of the 2- and
3-bedroom units have dishwashers.

Currently, the units feature central air conditioning, garbage disposals, balcony/patio, a mixture of hardwood flooring
and carpeting, and most three-bedroom units contain dishwashers. Property amenities include central laundry in
each building, off-street parking, on-site property management and two playgrounds.

Post-construction, the income mix be 95% (or 174) Low Income Housing Tax Credit (LIHTC) affordable units and 5%
(or 10) market rate rental units. Post-renovation, the LIHTC units will be offered to low to moderate-income
households earning 40, 50 and 60 percent of the AMI, or less. Of the 174 LIHTC units, 19 will be 504 compliant
units.

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 3 

 
 
III. PROJECTED POST-REHAB CHANGES

A. Scope of Rehabilitation Overview


The project will be applying for EarthCraft certification. The proposed in-unit renovations include upgrades to Energy
Star kitchen appliances, including adding dishwashers to all units, replacement of all windows with new vinyl sliding
windows, and electrical upgrades. Improvements to some units will include new kitchen cabinets and bathroom
vanities, along with new laminate countertops and stainless steel sinks. Through the renovations, 19 units will
become 504 accessible and 36 1-bedroom units will be converted into 2-bedroom units.

Proposed property improvements include new sidewalks and ramps to provide for handicapped accessibility;
replacing existing roof shingles with 25 year anti-fungal roof shingles, wood rot will be removed and wrapped with
vinyl coated aluminum; updates to the common laundry rooms; building façade improvements; upgrade insulation
and site landscaping.

Mt. Vernon Apartments Unit Mix Pre- and Post-Construction

Pre-Construction
1-Bed/1 Bath 72
2-Bed/1 Bath 90
3-Bed/1.5 Bath 21
Total 183

Post-Construction
1-Bed 30
2-Bed 114
3-Bed 20
1-Bed 504 6
2-Bed 504 12
3-Bed 504 1
Total 183

B. Projected Rents
In connection with the proposed rehabilitation program, 95% (or 174) of the units will be assisted under the Federal
Low Income Housing Tax Credit Program which requires that (i) tax credit eligible units be occupied by households
with incomes which, adjusted for family size, do not exceed 60% of the area median income and (ii) rents for such
units do not exceed 30% of 60% of the area median income, adjusted for family size. The remaining 5% (or 9) of the
units will be maintained for market rate rentals.
A small subsection of Mt. Vernon Apartment current residents receive Section 8 subsidies. These residents will
continue to pay 30% of their income in rent per the Section 8 program. Fairfax County will be allocating 36 Section 8
subsidies to the apartment community. Additionally, 19 units of the 36 Project-Based Section 8 30%, 40% and 50%
of AMI units will be allotted to HUD 504 handicap accessible units. 

C. New Rental Policies


The property is being financed such that 95% (or 174) of the units will be under the Low-Income Housing Tax Credit
program and the remaining 5% (or 9) of the units will be maintained for market rate rentals. There will be an income
certification requirement for all the LIHTC units in conjunction with Section 42 of the Federal requirements, Virginia
Housing Development Authority (VHDA) and Wesley Housing Development Corporation policies. There may also be
an income certification process for the market rate units as well.

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 4 

 
 
An initial income certification process will be conducted as soon as feasible in order to determine eligibility for the
LIHTC units and whether a household will be displaced. It is anticipated that this initial certification process will begin
in the Fall of 2011.

Low-Income Housing Tax Credit Income Limits 2010


Household Size 60% of Area Median Income
1 Person $43,500
2 Person $49,680
3 Person $55,920
4 Person $62,100
5 Person $67,080
6 Person $72,060

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 5 

 
 
IV. RELOCATION PLAN IMPLEMENTATION

A. General Information
The Mt. Vernon Apartments Relocation Plan (the “Plan”) is designed to retain the largest percentage of residents
possible, while enabling the property renovation essential for the health and safety of all residents involved. All
residents will be treated with the utmost level of respect and concern for their personal lives and family constraints.
Wesley staff is committed to working with each Mt. Vernon resident household to ensure understanding and comfort
throughout each stage of the renovation and relocation while minimizing family life disruption.

To that end, set forth below are specific relocation and resident retention policies and procedures that will govern,
Wesley Housing Development Corporation, the Owner, in the rehabilitation of the above described development. As
such, the Plan addresses the resident-in-place construction, temporary off- or on-site relocation, permanent on-site
relocation, and permanent off-site relocation that may be necessary as part of the renovation process. As Federal
funds will be allocated to this project, the Owner will adhere to the policies and procedures in the 49 CFR Part 24,
Uniform Relocation Assistance and Real Acquisition Policies Act of 1970, as amended (“the URA” or “the Uniform
Relocation Act”) and the Virginia Housing Development Authority’s Relocation Assistance Guidelines.

Eligible Mt. Vernon Apartment residents will be entitled to all services and benefits described in the Plan effective on
the Purchase and Sale Agreement execution date, hereafter known as Initiation of Negotiations. After Wesley
Housing purchases the Mt. Vernon Apartments, all residents residing on the property will be sent a Notice of Intent to
Acquire/General Information Notice (“the GIN”) in accordance with the Uniform Relocation Act. This notice will
establish eligibility for relocation benefits effective on the Initiation of Negotiations date. All eligible residents will
receive direct relocation services and/or the applicable relocation and moving payments in accordance with this Plan
and the URA. Eligibility requires that households remain residents in good standing in accordance with the terms
and conditions of current leases and all household members must be aliens lawfully present in the United States.

The Owner will update the plan as changes are made and will make copies available to all households. The Owner
will maintain adequate records in sufficient detail to demonstrate compliance with all applicable relocation
requirements, including notices and canceled checks. These files will be for monitoring purposes and to ensure Plan
compliance. No later than 30 days after the last tenant is relocated, the Owner will provide to VHDA the final
summary schedule of moving costs made to residents in rent roll format, by tenant, by along with a Certification by
the Owner that it has met VHDA Moving Cost Reimbursement and Relocation Assistance Guidelines.

B. Staffing
Wesley Housing understands the need for resident access to information regarding construction and relocation
before and during the project renovation period. As such, the rehabilitation schedule will be coordinated by the
Relocation Manager, Property Manager and the Contractor in order to provide the residents sufficient information.
Information will be shared through written notices, translated as necessary, and both property-wide and one-on-one
meetings. The staffing aim is to minimize resident inconvenience and confusion during the rehabilitation period.

C. Plan Details
The Mt. Vernon Apartment community currently consists of 183 one-, two- and three-bedroom apartment units
located in garden style apartment buildings. In total there are currently 72 one-bedroom units, 91 two-bedroom units
and 21 three-bedroom located within 7 buildings in the community. The construction schedule will be developed to
accommodate phases of a limited number of resident households and buildings per phase. The small number of
resident households per phase will allow for optimum one-on-one attention to each households’ specific needs
throughout the renovation and relocation process. The Owner will send all required notices as required and

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 6 

 
 
appropriate, including the Notice of Intent to Acquire/General Information Notice, Notice of Relocation Eligibility, 120-
Day Notice, and 30-Day Notice. Consideration will be given to the school schedule when scheduling units with
school age children.

The majority of the construction will take place with resident households in place. The remaining households may be
temporarily relocated on- or off-site, permanently relocated on-site or permanently relocated off-site, depending on
construction needs, unit availability and LIHTC eligibility. There are four types of situations possible as part of the
Mt. Vernon Apartments Relocation Plan: 1. Resident-in-Place Construction; 2. Temporary On- or Off-Site Relocation;
3. Permanent On-Site Relocation; and 4. Permanent Off-Site Relocation. All four types of relocations are discussed
herein.

D. Resident Communication and Survey


The Owner recognizes that effective resident communication is paramount to a high level of resident retention and a
successful renovation and relocation process. The Owner plans to hold several community-wide meetings to
discuss the relocation and renovation process. Additionally, one-on-one meetings are a key component of this
communication process. As such, a detailed survey will be created to use for one-on-one interviews with all
households throughout the Mt. Vernon Apartment community. This survey will enable gathering necessary
information before the renovation and relocation phases commence. The survey will likely be conducted in tandem
with the initial income certification process. Both the survey and initial income certification process will be mandatory
for all households. The Owner anticipates commencing these interviews and certifications in the Fall 2011 with all
residents throughout the property. The meetings will be scheduled on-site and in accordance with resident
availability. If necessary, meetings may be scheduled in evening hours or on the weekend.

During these meetings all pertinent information regarding the construction and relocation process will be discussed
one-on-one, questions answered and concerns eased. A detailed frequently asked questions sheet will be used to
ensure accurate resident understanding. Whenever necessary, the Owner will provide translation of documents
and/or an interpreter to assist residents with limited to no English language skills.

A written summary of the Relocation Plan will be provided to all residents. If necessary, the Summary Plan will be
translated as needed for speakers of other languages.

E. Relocation Categories
1. Resident-in-Place Construction
The Resident-in-Place Construction will likely take place without moving and storing resident belongings. However,
if necessary, the Owner will assume responsibility for reasonable costs directly associated with temporarily moving
and storing belongings during the construction.

In order to most effectively meet the needs of the residents in the community whose units will undergo resident-in-
place construction, the following services will be provided:
• A written explanation and frequently asked questions sheet explaining the renovation process, translated as
needed;
• Thirty day advance written notice as to when the construction is scheduled to take place and subsequent
notices of any construction delays or changes;
• Special attention to individual challenges and needs for families with school age children, senior citizens and
residents with disabilities; and
• Additional advisory services such as interpreter services, as necessary or appropriate depending on the
individual situation and circumstances.

2. Temporary On- or Off-Site Relocation


If temporary on- or off-site relocation is necessary, the Owner will assume responsibility for reasonable costs directly
associated with moving the household belongings to the temporary on- or off-site unit (two moves). If the household
Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 7 

 
 
agrees in writing to permanently relocate to the unit which has been designated their temporary unit, then
management is responsible for the costs of the one move. This agreement will be kept by Management in the tenant
file.

In order to most effectively meet the needs of the residents in the community who will be temporarily relocated to a
unit on- or off-site, the following services will be provided:
• A written explanation and frequently asked questions sheet explaining the renovation process, translated as
needed;
• Thirty day advance written notice indicating the exact address of the on- or off-site temporary relocation unit
and the date in which the temporary move is scheduled to take place;
• Written communications regarding returning to the completed unit;
• Special attention to individual challenges and needs for families with school age children, senior citizens and
residents with disabilities; and
• Additional advisory services such as interpreter services, as necessary or appropriate depending on the
individual situation and circumstances.

3. Permanent On-Site Relocation


If it is necessary for a household to permanently relocate on-site, the Owner will assume responsibility for reasonable
costs directly associated with moving belongings to the permanent replacement unit (one move). The household will
agree in writing to permanently relocate to another unit on-site. This agreement will be kept by Management in the
tenant file.

In order to most effectively meet the needs of the residents in the community who will be permanently relocated to a
unit on-site, the following services will be provided:
• A written explanation and frequently asked questions sheet explaining the renovation process, translated as
needed;
• Thirty day advance written notice indicating the exact address of the on-site permanent relocation unit and
the date in which the permanent move is scheduled to take place;
• Special attention to individual challenges and needs for families with school age children, senior citizens and
residents with disabilities; and
• Additional advisory services such as interpreter services, as necessary or appropriate depending on the
individual situation and circumstances.

4. Permanent Off-Site Relocation


Households that will be displaced (permanently relocated) are eligible for a. Advisory Services, b. Residential Moving
Expense Payment and c. Replacement Housing Payment.

a. Advisory Services
In order to meet the needs of the residents who will be permanently relocated off-site, the following benefits and
services will be provided:
• Providing the 120-Day Notice to Vacate with a minimum of 120 days notice including at least one
comparable replacement dwelling;
• Conducting one-on-one personal interview surveys to help residents through the process of determining
permanent off-site relocation needs, preferences and eligibility;
• Disseminating a written explanation and frequently asked questions sheet explaining the permanent off-site
relocation process;
• Providing tenants with all required written notices about the relocation process;
• Providing referrals for tenants to replacement properties and current listings of vacant units within the county
and bordering jurisdictions;
• Conducting inspections of the replacement housing to ensure that it meets decent, safe and sanitary
standards;

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 8 

 
 
• Providing transportation for tenants needing transportation to look at other housing, especially those who are
elderly or disabled;
• Providing information regarding Federal and state housing or other governmental programs;
• Explaining the appeals process and process for benefits application and disbursement;
• Communicating the name and telephone number of a contact person who can answer questions or provide
other needed help;
• Extending regular business hours, including evenings and weekends, so that tenants won’t have to miss
work;
• Special attention to individual challenges or needs for families with school age children, senior citizens and
residents with disabilities; and
• Additional advisory services such as providing appropriate translation and counseling for tenants who are
unable to read and understand notices, as necessary or appropriate depending on the individual situation
and circumstances.

b. Residential Moving Expense Payment


The tenant will be provided a Residential Moving Expense Payment either:

1. As a fixed payment in accordance with the Federal Highway Administration’s Fixed Residential Moving Cost
Schedule (the “Schedule”) for Virginia. The Fixed Residential Moving Cost Schedule includes moving costs and
utility connection fees and is based on the number of rooms of furniture, not the number of bedrooms per unit; or

2. As reimbursement for the Tenant’s actual reasonable moving and related expenses as defined as a. the lower of
two bids or estimates prepared by a commercial mover or b. receipted bills for labor and equipment, not to exceed
the lower of two bids or estimates prepared by a commercial mover (the “Actual”); or

3. A combination of the Schedule and the Actual cost per the Uniform Relocation Act.

Fixed Residential Moving Cost Schedule (2008)


Effective August 22, 2008
Occupant Owns Furniture
Occupant does
Number of Rooms of Furniture not own furniture
Addt'
1 room/ room
2 3 Addt'l no no
1 room rooms rooms 4 rooms 5 rooms 6 rooms 7 rooms 8 rooms room furn. furn.
$550.00 $750.00 $950.00 $1,150.00 $1,350.00 $1,550.00 $1,750.00 $1,950.00 $200.00 $350.00 $75.00

c. Replacement Housing Payment


An eligible resident who has occupied the property for at least 90 days prior to the date of the Initiation of
Negotiations is eligible for a Replacement Housing Payment (RHP) in the form of rental assistance payment or a
down payment assistance payment. The displaced tenant must rent or purchase, by down payment, and occupy a
decent, safe and sanitary dwelling within one year of the move out date (or “date of displacement”). The displaced
person must file a claim within 18 months of the date of displacement. The payment is not to exceed $5,250.

At least one comparable replacement dwelling will be used to calculated the maximum RHP per household. The
comparable replacement dwelling must be:

1. Decent, safe and sanitary;


2. Functionally equivalent to the displacement dwelling;
3. Adequate in size to accommodate the occupants;
4. Located in an area not subject to unreasonable adverse environmental conditions;
Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 9 

 
 
5. Located in an area generally not less desirable than the location of the displaced person’s dwelling with
respect to public utilities and commercial and public facilities;
6. Reasonably accessible to the person’s place of employment;
7. On a site that is typical in size for residential development with normal site improvements, including
customary landscaping; and
8. The dwelling must be currently available to the displaced person on the private market and within the
financial means of the displaced person.

An eligible displaced resident that rents a replacement dwelling is entitled to a payment not to exceed $5,250 for
rental assistance. The payment is 42 times the amount obtained by subtracting the base monthly rent plus
estimated average monthly cost of utilities for the displacement dwelling from the lesser of the monthly rent and
estimated average monthly cost of utilities for a comparable dwelling or the monthly rent and estimated average
monthly cost of utilities for the decent, safe and sanitary replacement dwelling actually occupied by the displaced
person.

Alternatively, an eligible displaced person that purchases a replacement dwelling is entitled to a down payment
assistance payment in the amount the person would receive, if the person rented a comparable replacement
dwelling. The full amount of the RHP for the down payment assistance must be applied to the purchase price of the
replacement dwelling and related incidental expenses.

F. Eligibility Requirements
In order to be eligible for any of the above mentioned benefits, a household must be in good standing. This means
that all rental payments must be up-to-date and that there are no other lease violations. All household members
must be a citizen, national or alien lawfully present in the United States. Eligibility will be established by the
Purchase and Sale Agreement execution date, otherwise known as the Initiation of Negotiations.

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 10 

 
 
V. CONSTRUCTION IMPACT MINIMIZATION
Rehabilitation of an occupied housing development is inherently disruptive. To minimize such disruption, the Owner
will implement this Plan in cooperation with the community. All residents will be kept informed of scheduling for
construction through notices delivered to their doors by Property Management and ongoing residents meetings as
necessary after the commencement of rehabilitation. As described above, prior to starting work in units, Property
Management, the General Contractor, and the Relocation Manager will meet with the residents to explain the
rehabilitation process. Additionally, the Owner will establish a hospitality suite for the residents. This will provide a
space for any residents to utilize during the day while construction occurs in tenant units.

Mt. Vernon Apartments Relocation Plan Draft – March 9, 2011                Page 11 

 
TAB H
(PHA/Section 8 Notification Letter)
WBXm
""In. PHA or Section 8 Notification Letter

Development Name: Mt. Vernon Apartments


Tracking #: 2011-C-119 "

If y o u h a v e a n y questions, p l e a s e c a l l Jim C h a n d l e r a t VHDA (804) 343-5786.

G e n e r a l Instructions

1. This PHA or Section Notification letter must b e i n c l u d e d w i t h t h e a p p l i c a t i o n .

2. 'Development Address' should correspond to I.A.2 on p a g e 1 of the Application.

3. 'Proposed Improvements' should correspond with I.B & D a n d III.A of the Application.

4. 'Proposed Rents' should correspond with VII.Oof the Application.

5. 'Other Descriptive Information' should correspond with information in the application.

6. NO': ; •! Any c h a n g e to this form letter may result in a reduction of points under the
scoring system.
PHA or Section 8 Notification Letter

DATE: M a r c h 7, 2011

TO: Fairfax County Department of Housing a n d Community Development


3700 Pender Drive
Fairfax, Virginia 22030
Attention: Section 8 or PHA Waiting List Administrator

RE: PROPOSED AFFORDABLE HOUSING DEVELOPMENT

N a m e of Development: Mt. Vernon Apartments ......./...,,,,.,.,.,,,., ,,,, .,


N a m e of Owner: Wesley Mt. Vernon Owner LLC

I would like to take this opportunity to notify you of a proposed affordable housing
development to b e c o m p l e t e d in your jurisdiction. We are in the process of applying for
federal low-income housing tax credits from the Virginia Housing Development Authority
(VHDA). We e x p e c t to make a representation in that application that w e will give leasing
preference to households on the l o c a l PHA or Section 8 waiting list. Units are e x p e c t e d to b e
c o m p l e t e d a n d available for o c c u p a n c y beginning: on 6/30/2013 (date),.

The following is a brief description of the proposed development:

Development Address:
8263 Russell Rood. Alexandria, VA 22309 ... ...

Proposed improvements!-

• N e w Constr.: # units # Bldgs Total Gross Floor Area


• Adaptive Reuse: # units # Bldgs Total Gross Floor Area
[X] Rehabilitation: 183 # units •# Bldgs 184,228 Total Gross Floor Area

Proposed Rents:

• Efficiencies:; / month
1 Bedroom Units: 1040 / month
2 Bedroom Units: 1150 and /month
1248
3 Bedroom Units: $ 1450 / month
• 4 Bedroom Units: $ / month

Other Descriptive Information:


Newly renovated g a r d e n qpgrtments; new kitchens a n d baths: 19 HUD 504 Accessible
i::
jj3ts;''baiconies.: Rot water, wafer a n d sewer included in rent. .7 1 .^1L^ I , , . :
PHA or Section 8 Notification Letter

We a p p r e c i a t e your assistance with identifying qualified tenants.

If you h a v e any questions a b o u t the! proposed development, please call m e at

642-3830 x 212.

Please acknowledge receipt of this letter by signing below a n d returning it t o m e .

Sincerely yours,

reslie A, Sreen

Vice President of Real Estate

To be completed by the Local Housing Authority or Sec 8 Administrator;

Seen and Acknowledged By. !


— </- <—. C- l ^ W 3kjU.
Flint 3d Name:

Title: i\C / i f e / -Xi V »t( s U \ \, o \ o . -\. . I.j \ >Xc [z . "

Phone: "A L
~ ^' /& ' Sc^fJ... ,
Date: S ~ 7 ' / /'
TAB I
(Local CEO Letter)
Local CEO Letter is to be provided by Fairfax County by April 1, 2011.
TAB J
(Homeownership Plan)
Intentionally Blank
TAB K
(Site Control Documentation-
Documentation of Most Recent Real Estate
Tax Assessment – Acq. Rehab. Only)
TAB L
(Plan of Development Certification Letter)
Intentionally Blank
TAB M
(Zoning Certification Letter)
TAB N
(Copies of 8609’s To Certify Developer Experience)
Mt. Vernon Apartments

Copies of 8609s to Certify Developer Experience

Wesley Housing Development Corporation


of Northern Virginia and affiliates

Project No. of Units


Westbrook Gardens 96
912 Ellison Street, Falls Church

Wexford Manor Apartments 74


2804‐2808 Hollywood Road, Falls Church

Quarry Station Seniors Apartments 79


8750 Quarry Road, Manassas

Whitefield Commons Apartments 63


20‐22 N. Thomas Street, Arlington
100‐104 N. Thomas Street, Arlington
106‐110 N. Thomas Street, Arlington
200‐204 N. Thomas Street, Arlington

Wesley Housing at Coppermine Place 66


13395 Coppermine Road, Herndon

ParcView Apartments 120


5380 Holmes Run Parkway, Alexandria

Total: 498

Total Required * 183

*At least six tax credit developments that contain at least the number of housing units in
the proposed development.
TAB Q
(Documentation of Rental Assistance)
There is a pending request with Fairfax County for 36 Project-Based Section 8 Units.
TAB R
(Documentation of Operating Budget)
Allowances for U.S. Department of Housing
Tenant-Furnished Utilities and Urban Development
and Other Services Office of Public and Indian Housing

Calculated with UApro


Locality Age Unit Type 8/20/2010
Fairfax County RHA Garden/Walkup, Elevator/High-Rise
Averaged Rates
Utility or Service Monthly Dollar Allowances
0 BR 1 BR 2 BR 3 BR 4 BR 5 BR 6 BR
Heating a. Natural Gas $21 $24 $27 $29 $32 $35 $38
b. Bottle Gas $52 $60 $68 $76 $83 $91 $99
c. Oil $34 $39 $44 $48 $53 $58 $63
d. Electric $15 $23 $29 $35 $42 $49 $56
e. Heat pump $9 $15 $18 $21 $25 $30 $34
Cooking a. Natural Gas $5 $6 $8 $10 $12 $14 $15
b. Bottle Gas $11 $16 $20 $25 $29 $34 $38
c. Electric $6 $8 $10 $12 $15 $17 $19
d. Other $0 $0 $0 $0 $0 $0 $0
Other Electric $24 $32 $40 $48 $56 $64 $72
Air Conditioning $3 $6 $10 $13 $16 $20 $23
Water Heating a. Natural Gas $8 $13 $17 $22 $27 $31 $35
b. Bottle Gas $20 $32 $43 $54 $65 $77 $88
c. Electric $11 $17 $24 $30 $34 $39 $43
d. Oil $14 $22 $30 $38 $46 $54 $62
Water $16 $21 $28 $35 $42 $50 $57
Sewer $27 $36 $44 $51 $58 $65 $73
Trash Collection $26 $26 $26 $26 $26 $26 $26
Range/Microwave

Refrigerator

Other - specify Natural Gas Monthly Fee $12 $12 $12 $12 $12 $12 $12
Actual Family Allowances To be used by the family to compute allowance. Utility or Service per month cost
Complete below for the actual unit rented. Heating $
Name of Family Cooking
Other Electric
Air Conditioning
Address of Use Water Heating
Water
Sewer
Trash Collection
Range/Microwave
Refrigerator
Number of Bedrooms Other

Total $

Spreadsheet (ver04) based on form HUD-52667 (12/97).


Previous editions are obsolete ref. Handbook 7420.8
TAB S
(Documentation of Project Budget)
Intentionally Blank
TAB T
(Documentation of Financing Sources)
Intentionally Blank
TAB V
(Nonprofit or LHA Purchase Option or Right of First Refusal)
TAB W
(Original Attorney’s Opinion)

145 Tremont Street 1275 K Street, NW


Suite 400 Suite 1200
Boston, MA 02111 Washington, DC 20005
T 617.224.0600 T 202.842.9006
F 617.224.0601 F 202.8423936

Klein Hornig LIP


COUNSELORS AT LAW

TO: Virginia Housing Development Authority


601 South Belvidere Street
Richmond, Virginia 23220-6500

RE: 2011 Tax Credit Reservation Request

Name of Development: Mount Vernon Apartments


Name of Owner: Mt. Vernon Owner LLC

Gentlemen:

This undersigned firm represents the above-referenced Owner as its counsel. It has received a copy of
and has reviewed the completed application package dated March 10, 2011 (of which this opinion is a part)
(the "Application") submitted to you for the purpose of requesting, in connection with the captioned Development, a
reservation of low income housing tax credits ("Credits") available under Section 42 of the Internal Revenue Code of
1986, as amended (the "Code"). It has also reviewed Section 42 of the Code, the regulations issued pursuant thereto and
such other binding authority as it believes to be applicable to the issuance hereof (the regulations and binding authority
hereinafter collectively referred to as the "Regulations").

Based upon the foregoing reviews and upon due investigation of such matters as it deems necessary in order to
render this opinion, but without expressing any opinion as to either the reasonableness of the estimated or projected
figures or the veracity or accuracy of the factual representations set forth in the Application, the undersigned is of the
opinion that:

1. It is more likely than not that the inclusion in eligible basis of the Development of such cost items or
portions thereof, as set forth in Parts VIII and IX of the Application form, complies with all applicable
requirements of the Code and Regulations.

2. The calculations (a) of the Maximum Allowable Credit available under the Code with respect to the
Development in Part VIII of the Application form and (b) of the Estimated Qualified Basis of each
building in the Development in Part IX of the Application form comply with all . applicable
requirements of the Code and regulations, including the selection of credit type implicit in such
calculations.

3. The appropriate type(s) of allocation(s) have been requested in Subpart I-D of the Application form.

4. The information set forth in Subpart VII-C of the Application form as to proposed rents satisfies all
applicable requirements of the Code and Regulations.

5. The site of the captioned Development is controlled by the Owner, as identified in Subpart II-A of the
Application, for a period of not less than four (4) months beyond the application deadline.

6. The type of the nonprofit organization involved in the Development is an organization described in
Code Section 501(c)(3) or 501(0)(4) and exempt from taxation under Code Section 501(a), whose
purposes include the fostering of low-income housing.

7. The nonprofit organizations' ownership interest in the development is all the managing member
membership interests of the ownership entity of the development as described in Subpart II-D of the
Application form.

www.kteinhornig.com
Page 2

8. It is more likely than not that the representations made under Subpart I-F of the Application form as to
the Development's compliance with or exception to the Code's minimum expenditure requirements for
rehabilitation projects are correct.

9. After reasonable investigation, the undersigned has no reason to believe that the representations made
under Subpart I-E of the Application form as to the Development's compliance with or eligibility for
exception to the ten-year "look-back rule" requirement of Code §42(d)(2)(B) are not correct.

Finally, the undersigned is of the opinion that, if all information and representations contained in the Application
and all current law were to remain unchanged, upon compliance by the Owner with the requirements of Code Section
42(h)(1)(E), the Owner would be eligible under the applicable provisions of the Code and the Regulations to an allocation
of Credits in the amount(s) requested in the Application.

This opinion is rendered solely for the purpose of inducing the Virginia Housing Development Authority
("VHDA") to issue a reservation of Credits to the Owner. Accordingly, it may be relied upon only by VHDA and may
not be relied upon by any other party for any other purpose.

This opinion was not prepared in accordance with the requirements of Treasury
Department Circular No. 230. Accordingly, it may not be relied upon for the purpose of avoiding
U.S. Federal tax penalties or to support the promotion or marketing of the transaction or matters
addressed herein.

Klein Hornig LLP


TAB Y
(Marketing Plan for units meeting accessibility
requirements of HUD section 504)
Mt. Vernon Apartments

Marketing Plan for Units Which Conform to


Section 504 of the Rehabilitation Act

This Marketing Plan for Units Which Conform to Section 504 of the Rehabilitation Act
(the “Marketing Plan”) has been designed to convey to current and potential residents with
disabilities that Mt. Vernon Apartments (Mt. Vernon) will be a new rental housing experience,
with a commitment to excellent management and resident service, as well as an expectation of
resident responsibility. Therefore, the majority of this plan will address ways in which property
management will endeavor to secure qualified tenants, ensure quality tenancy, and effective
management and maintenance of the property.

Wesley Housing Development Corporation (WHDC) will be responsible for the


management of Mt. Vernon. WHDC will be responsible for all of the traditional management
functions, including rent collection, maintenance, record keeping, reports, development of
budgets, and monitoring resident income qualifications.

I. Affirmative Marketing

WHDC is pledged to the letter and the spirit of the U.S. policy of the achievement of
equal housing opportunity throughout the Nation and will actively promote fair housing in the
development and marketing of this project. WHDC, its Officers, Directors and employees will
not discriminate on the basis of race, creed, color, sex, religion, familial status, age, disability or
sexual orientation in its programs or housing. They will also comply with all provisions of the
Fair Housing Act (42 U.S.C. 3600, et. Seq.).

Any employee who has discriminated in the acceptance of a resident will be subject to
immediate dismissal. All persons who contact the office will be treated impartially and equally
with the only qualification necessary for application acceptance being income and credit and
background check, and conformity with the requirements of the Tax Credit program. All
interested parties will be provided a copy of the apartment brochure or alternate marketing
materials. Any resident who has questions not answered by the leasing staff will be referred to
the Property Manager assigned by WHDC.

Any unit that is designated as a unit for people with disabilities and conforms to Section
504 of the Rehabilitation Act will be held vacant for 60 days during which ongoing marketing
will be documented. If a qualified household including a person with a disability is not located in
that timeframe, WHDC will submit the evidence of marketing to VHDA’s Program Compliance
Officer and request approval to rent the unit to any income-qualified household. If the request is
approved, the lease will contain a provision that the household must move to a vacant unit if a
household including a person with a disability applies for the unit. The move will be paid for by
the owner.

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II. Marketing and Outreach

Locating people with disabilities to occupy the units that conform to the requirements of
Section 504 of the Rehabilitation Act will be accomplished as follows:

1. Networking

WHDC will contact local centers for independent living and disability services boards
and other service organizations via phone and printed communication. The contacts will include,
but not be limited to, the following organizations:

• Fairfax County Disabilities Planning and Development


12011 Government Center Pkwy Suite 708
Fairfax, VA 22035-1104
http://www.fairfaxcounty.gov/dfs/dspd/
703-324-5421 (p)
703-449-1186 (TTY)
703-449-8689 (f)

• Fairfax-Falls Church Community Services Board


CSB Entry and Referral Services
2011 Government Center Parkway, Suite 836
Fairfax, VA 22035-1100
http://www.fairfaxcounty.gov/csb/
703-324-7000 (p)
703-802-3015 (TTY)
703-324-7092 (f)

• Endependence Center, Inc.


6300 East Virginia Beach Boulevard
Norfolk, VA 23502-2857
www.endependence.org
(757) 461-8007 (p)
(757) 455-8223 (f)

• National Accessible Apartment Clearinghouse


4300 Wilson Boulevard, Suite 400
Arlington, VA 22203
www.accessibleapartments.org
(800) 421-1221 (p)
(703) 248-9440 (f)

• Brain Injury Services


8136 Old Keene Mill Road
Springfield, VA 22152
(703) 451-8881 (p)
(703) 451-8820 (f)

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2. Print Media

Print media sources will also be identified in Fairfax County that cater to people with
disabilities as well as the public at large. These sources may include, but are not limited to, rental
magazines such as the Apartment Shoppers Guide, Apartments For Rent, local newspapers, etc..
All advertising materials related to the project will contain the Equal Housing Opportunity
logotype, slogan or statement, in compliance with the Fair Housing Act, as well as the fact that
units for people with disabilities are available.

3. Resident Referrals

An effective Resident Referral program will be set up, in which current residents are
rewarded for referring friends, coworkers, and others who may have disabilities to the property.
These referrals are generally the best form of advertising as it attracts friends who will want to
reside together, thus binding the community. Residents will be offered incentives, to be
determined, for referring qualified applicants who rent at the property. Flyers will be
distributed to residents along with the project newsletter announcing the tenant referral program.

4. Marketing Materials

Marketing materials are needed in order to further the specific marketing effort to people
with disabilities. All printed marketing materials will include the EHO logo. The marketing will
also emphasize the physical and administrative compliance with Americans with Disabilities Act.

These marketing materials include:

• Brochures –A simple, two-color brochure may be produced at low cost which will
effectively sell the apartments and community. This brochure will include the floor
plans, a listing of features and amenities. The floor plans should be printed in as large a
format as possible.

• Flyers - As mentioned earlier, a flyer campaign may be used effectively to market the
community. Each flyer should incorporate graphics as well as a small amount of copy
and should be designed to generate traffic. As such, each flyer may include a special
offer with a deadline (e.g. "Bring this flyer with you when you visit this weekend and pay
no application fee!")

• Resident Referral - The least expensive form of advertising is through Resident


Referrals. A flyer may be created and distributed to all residents (e.g., $100 per referral,
paid upon move-in is an industry standard). In addition to being distributed to all
residents, the referral flyer will\be kept in the Management office and will be included in
the move in packet. People are most inclined to refer their friends in the first few weeks
of their tenancy. The flyers would likely be changed several times each year to reflect
the season or any type of special referral program.

• Follow-Up Marketing- All visitors to the Management office will receive a thank you
note from the Property Manager. This can be written on a plain thank you card, or for

3
greater impact, on a post card with a photo of the community or a thank you note with the
community's logo.

III. Public and Community Relations

Equal Housing Opportunity promotions - all Site Signage containing the EHO logo and
Fair Housing posters are displayed in English and Spanish in the Rental Office. Also posted in the
Rental Office are instructions to anyone who feels they have been discriminated against to contact
the Project Manager at WHDC directly. WHDC encourages and supports an affirmative
marketing program in which there are no barriers to obtaining housing because of race, color,
religion, national origin, sex, age, marital status, personal appearance, sexual orientation, family
responsibilities, physical or mental handicap, political affiliation, source of income, or place of
residence or business.

Additionally, a public relations program will be instituted to create a strong relationship


between management and local disability organizations, neighborhood civic organizations,
religious institutions, city officials, and other sources of potential qualified residents still to be
identified.

IV. Tenant Selection and Orientation

The first contact with the management operations is an important one in attracting
qualified residents; therefore the management/leasing office should convey a sense of
professionalism, efficiency, and cleanliness. The management/leasing office will be designed to
be mobility impaired accessible and to provide a professional leasing atmosphere, with space set
aside specifically for resident interviews and application assistance. The leasing interviews will
be used to emphasize the respect afforded to the resident and the responsibilities which the
resident will be expected to assume.

Times of Operation - the Rental Office will be open Monday through Friday from 9:00
A.M. to 5:00 P.M. Applicants will be processed on site in accordance with approved criteria.
After hours inquiries will be received by the answering services which will take messages and
forward them to the Management Office to handle on the next business day. Applicants meet
with the Community Manager or designated staff to discuss programs available on the property
and will be supplied relevant information to assist them in their move as part of the move-in
process and orientation to property.

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