Accounting

Asher & Company, Ltd.

• Low-income tax credits, including consulting, 10% carryovers and compliance issues
• Hope VI
• Historic tax credits
• Seniors housing, Sec. 202
• Forecasts
• Cost certifications
• Annual audits and tax preparation
• Cost segregation studies

1845 Walnut Street
Philadelphia, PA 19103-4755

Contact: Kevin R. Johnson or Michael D. Byrnes
Phone: (215) 564-1900
Fax: (215) 564-3940
E-mail: kjohnson@asherco.com or mbyrnes@asherco.com
www.asherco.com

Causey, Demgen & Moore, Inc.

• • Annual audits, including HUD compliance
• • Risk assessment of asset/property  functions
• • Cost certifications, including carryover allocation
• • Historic rehabilitation tax credits
• • Tax returns/representation before IRS
• • Financing strategies
• • Project structuring and forecast/projections

Causey, Demgen & Moore Inc.
1800 California St., Suite 4650
Denver, CO 80202-2681

Contact: Jack E. Blumenthal, Principal, Thomas J. Ruygrok, Principal
Phone: (303) 296-2229
Fax: (303) 296-3731
E-mail: truygrok@cdmcpa.com, jblumen@cdmcpa.com
www.cdmcpa.com

Dauby O’Connor and Zaleski

• Audits & Tax Returns
• LIHTC Consulting

703 Pro Med Lane
Carmel, IN 46032

Contact: Cemal Ozdemir
Phone: (317) 848-5700, ext. 107
Fax: (317) 815-6140
E-mail: cozdemir@doz.net
www.doz.net

Dixon Hughes PLLC

With over 20 years of experience, we stand ready to help you with the following:

• Audit, Accounting, and Tax
• Cost Certifications
• Real Estate Transaction
• Cost Segregation Studies
• Business Valuation and Litigation Support
• Strategic Planning
• Structuring: LIHTC, Historic, Tax-Exempt Bonds, FHA, and HUD
• Senior Housing
• Hope VI
• Syndication Forecasts and Projections
• Due Diligence
• Internal Audit
• Profit Improvement Plans
• Business Plan Development
• Assistance in Obtaining and Structuring Financing
• Fraud and Forensics

Contact: Margaret Thompson, CPA
1829 Eastchester Drive
High Point, North Carolina 27265
Phone: (336) 889-5156
Fax: (336) 889-6168
E-mail: mthompson@dixon-hughes.com
www.dixon-hughes.com

Friedman LLP

1700 Broadway
New York, NY 10019

Contact: Joseph Crivelli
Phone: (212) 842-7550
Fax: (212) 842-7551
E-mail: jcrivelli@friedmanllp.com
www.friedmanllp.com

Hertzbach & Company, P.A.

Hertzbach & Company, P.A. has more than 20 years experience addressing the unique needs of owners, developers, investors, and managers of affordable housing developments. Our extensive knowledge of Section 42/HUD has made us a leader in the industry. Allow us to assist you in areas of:

• Loan and LIHTC applications
• Cost Certifications
• HUD/State/ Section 42 Compliance
• Auditing
• Tax Preparation
• Carryover Basis
• Historic Tax Credits

10 Music Fair Road
Owings Mills, MD 21117

Contact: Jeffrey M. Kleeman, MS, CPA, Joseph M. Aleshire, CPA
Phone: (410) 363-3200; (800) 899-3633
Fax: (410) 356-0058
E-mail: jma@hertzbach.com or jmk@hertzbach.com
www.hertzbach.com

Plante & Moran, PLLC

Plante & Moran, PLLC, takes pride in being a leader in the housing market. From project financing analysis and project consulting to compliance requirements, we know the questions to ask and the answers you need. We are dedicated to providing the highest degree of professional audit, tax and consulting services on a personal level.

Plante & Moran, PLLC
2601 Cambridge Court, Suite 500
Auburn Hills, MI 48326

Contact: Linda Yudasz
Phone: (248) 375-7247
Fax: (248) 375-7101
E-mail: linda.yudasz@plantemoran.com
www.plantemoran.com

Reznick Group

By continually meeting the needs of real estate professionals including developers, syndicators, lenders and investors; Reznick Group has earned its reputation as the nation’s leader in affordable housing. Our portfolio of services includes accounting, tax, business advisory, due diligence, historic tax credit, low-income housing tax credit, and transaction structuring and real estate advisory. By working with Reznick Group, clients gain access to industry experience, knowledge, and thought leadership. Visit our web site at www.reznickgroup.com.

RubinBrown

One North Brentwood Blvd.
St. Louis, MO 63105

Contact: Bryan Keller, Partner-in-Charge, Real Esate Services Group
Phone: (314) 290-3300
Fax: (314) 290-3400
E-mail: bryan_keller@rubinbrown.com
www.rubinbrown.com

Salmin, Celona, Wehrle & Flaherty, LLP

Our affordable housing and real estate development team offers the experience and knowledge of a Big 4 firm but with increased attention to service at competitive prices.

We provide a full menu of professional services for your affordable housing needs.

• Section 42 LIHC, HUD, RD, various state agencies
• Cost certification audits
• Annual audits and tax returns
• 10% Carryover allocation certifications
• Investor certifications
• Compliance reviews
• Consulting services

1170 Chili Avenue
Rochester, New York 14624

Contact: Tim Flaherty
Phone : (585)-279-0120 ext 225
E-mail: tflaherty@scwf-cpa.com
www.scwf-cpa.com

Virchow, Krause & Company, LLP

Virchow Krause is one of the Nation’s largest CPA and consulting firms and serves several hundred real estate investors/developers from offices throughout the Midwest. Professional services include tax, accounting, affordable housing and tax credit consulting, cost segregation studies, structuring profit interests into deals, financial and estate planning, wealth management, insurance advisory services, operational improvements, and cash flow enhancement.

Contact: Michael Ross, CPA, Partner
Ten Terrace Court, PO Box 7398 Madison, WI 53707-7398
Phone: (800) 362-7301
E-mail: mross@virchowkrause.com
www.virchowkrause.com

Wilson, Price, Barranco, Blankenship & Billingsley, P.C.

With the advent of the Section 42 Low-Income Housing Tax Credit program, we expanded our tax, accounting, and consulting services to this sector. Our nationally known Group provides a full complement of consulting services to developers, investors, and lenders including Tax Credit Application Assistance, Project Financial Feasibility Analysis and all forms of Due Diligence for Investors and Lenders.

3815 Interstate Court
Montgomery, AL 36109-5220

Contact: Ed Reifenberg
Phone: (334) 260-2371
Fax: (334) 274-1571
E-mail: egreef@wilsonprice.com

Appraisers

Gill Group

Appraisals – Research – MAP

Gill Group is a full service real estate market research company specializing in multifamily appraisals, market studies, rent comparability studies, and HUD Mark-to-Market and MAP reports. Our superior research services are used by developers, state housing agencies and organizations of all types across the entire United States. For more information about our premium services, visit our Web site: www.gillgroup.com.

Contact: Cash Gill
Phone: (800) 428-3320
Fax: (877) 624-2942
E-mail: cash.gill@gillgroup.com

PGP Valuation Inc.

PGP Valuation is the largest commercial appraisal firm in the Western United States with offices in Vancouver, Seattle, Portland, the Bay Area and Southern California. PGP Valuation Inc. is uniquely positioned to provide comprehensive, in-depth valuation and market analysis throughout the western United States. In business for nearly 30 years, PGP has a longstanding industry-wide reputation for excellence.

Contact for all areas:
John A. Campbell, CMI
1325 Fourth Avenue, Suite 500
Seattle, WA 98101-2525
Phone: (206) 343-7477
Fax: (206) 682-7207
E-mail: jcampbell@pgpinc.com

Attorneys

Applegate & Thorne-Thomsen, P.C.

Applegate & Thorne-Thomsen, P.C. is a boutique law firm with a national practice in the representation of developers, investors and lenders on all matters concerning affordable housing development and finance.

Contact: Bennett P. Applegate
322 S. Green Street, #400
Chicago, IL 60607
Phone: (312) 421-8400
Fax: (312) 421-6162
E-mail: bapplegate@att-law.com

Ballard Spahr Andrews & Ingersoll, LLP

Ballard Spahr has a nationally recognized practice providing comprehensive legal services for the developing and financing of affordable housing and community development projects. We represent numerous state and local housing finance agencies and public housing authorities, as well as developers, mortgage and investment bankers, commercial lenders and low-income housing tax credit investors. We advise clients on the programs and requirements of HUD, FHA, Fannie Mae, Freddie Mac, and GNMA. Our Housing Group, with more than 60 lawyers, addresses legal issues involving single and multifamily housing, bond financing including capital fund bonds, low-income housing tax credits, historic tax credits, new markets tax credits, public housing development including mixed-finance and HOPE VI projects, community investment requirements for financial institutions, audits and enforcement actions, zoning and land use, and real estate development issues including environmental compliance.

Contact: Paul K. Casey
300 E. Lombard Street
Baltimore, MD 21202
Phone:410-528-5694
Fax: 410-528-5650
casey@ballardspahr.com
www.ballardpshar.com

Brown Raysman Millstein Felder & Steiner, LLP

900 Third Avenue
New York, NY 10022

Contact: Andrew Kramer
Phone: (212) 895-2210
Fax: (212) 895-2900
E-mail:akramer@brownraysman.com
www.brownraysman.com

Coats | Rose

The Coats | Rose Affordable Housing Group (the “Group”) has comprehensive experience in affordable and public housing acquisition, rehabilitation and development. The Group works extensively with private and public entities to develop public and affordable housing from the ground up. Coats | Rose is known for its creativity and expertise in complex matters in all types of housing programs, legislative affairs, and economic development. This expertise spans the realm from inception of a development deal, consultation on financing and closing of the transaction.

Coats | Rose represents for profit developers, non-profit developers and public housing authorities in the development, redevelopment and renovation of affordable housing utilizing a variety of financing techniques, including HOPE VI, low income housing tax credits, historic tax credits, FHA and HUD financing, private activity tax-exempt bonds, 501(c)(3) tax-exempt bonds, investment syndications and conventional financing.

For more information contact: Barry Palmer, 3 Greenway Plaza, Suite 2000, Houston, TX 77046-0307; Phone: 713-651-0111; Fax: 713-651-0220;

E-Mail: bpalmer@coatsrose.com.
Website: www.coatsrose.com

Gallagher Evelius & Jones, LLP

Gallagher Evelius & Jones, LLP, is a full-service law firm which for more than 25 years has placed a special emphasis on affordable housing. Our lawyers regularly work with all types of housing programs, both in conjunction with, and independently of, the low-income housing tax credit. We represent for-profit and nonprofit developers, as well as investors, lenders, bond purchasers and syndicators. We have experience in virtually every combination of tax credits, multi-tiered debt, grants, subsidies and tax abatements.

Gallagher Evelius & Jones LLP

218 North Charles Street, Suite 400
Baltimore, MD 21201

Contact: Stephen A. Goldberg, Esq.; David E. Raderman, Esq.; Nita L. Schultz, Esq.; or Kenneth S. Gross, Esq.
Phone: (410) 727-7702
Fax: (410) 468-2786
E-mail: sgoldberg@gejlaw.com
www.gejlaw.com

Goulston & Storrs

Goulston & Storrs lawyers have experience with all types of affordable housing projects, including those with low income housing and historic tax credits, Section 8, Section 236 and other HUD assistance, Section 515 rural subsidy, elderly and public housing. For more information, please contact one of our offices:

BOSTON
400 Atlantic Avenue
Boston, MA 02110-3333

Contact: David M. Abromowitz or Deborah S. Horwitz
Phone: (617) 482-1776
Fax: (617) 574-4112
E-mail: dabromowitz@goulstonstorrs.com or dhorwitz@goulstonstorrs.com

WASHINGTON, D.C.
1717 Pennsylvania Avenue, NW
Washington, DC 20006

Contact: N. Linda Goldstein
Phone: (202) 721-0011
Fax: (202) 721-1111
Web: www.goulstonstorrs.com

Hawkins Delafield & Wood LLP

Hawkins Delafield & Wood combines the country’s leading tax-exempt bond practice with nationally recognized expertise in low-income housing tax credits, HUD subsidy and mortgage insurance programs, military housing and all other forms of government-related housing assistance. The firm represents state and local housing agencies, developers, syndicators, investors, lenders, credit enhancers and underwriters. The unique recognition accorded to Hawkins attorneys in the housing field enables us to provide clients with the highest level of technical expertise, efficiency and credibility.

601 13th Street, NW
Suite 800 South
Washington, D.C. 20005

Contact: Anthony S. Freedman or Rod Solomon
Phone: (202) 682-1492 or (202) 682-1485
Fax: (202) 682-1497
E-mail: asfreedman@hdw.com or rsolomon@hdw.com

67 Wall Street
New York, NY 10005

Contact: Howard Zucker
Phone: (212) 820-9362
Fax: (212) 514-8425
E-mail: hzucker@hdw.com

Nixon Peabody, LLP

WASHINGTON D.C.
401 9th St. NW, Suite 900
Washington, D.C. 20004

Contact: Monica Hilton Sussman, Affordable Housing
Phone: (202) 585-8833
Fax: (202) 585-8080
E-mail: msussman@nixonpeabody.com

BOSTON
100 Summer St.
Boston, MA 02110

Contact: Robert H. Adkins, Syndication
Phone: (617) 345-1239
Fax: (617) 345-1300
E-mail: radkins@nixonpeabody.com
www.nixonpeabody.com

Orrick, Herrington & Sutcliffe LLP

405 Howard Street
San Francisco, CA 94105

Contact: Justin Cooper
Phone: (415) 773-5908
Fax: (415) 773-5759
E-mail: jcooper@orrick.com
www.orrick.com

Reno & Cavanaugh, PLLC

We are an affordable housing and community development boutique law firm working nationwide for public housing authorities and other funders of affordable housing and economic development efforts. For more than a quarter century, R&C attorneys have been working to improve American communities through legislative and administrative advocacy, as well as through quality transactional representation. With experience in communities ranging from Missoula, Montana to Chicago, Illinois to Fairfax County, Virginia, we understand that there is no “one-size-fits-all” legal answer to the housing challenges our clients face. We work with our clients to find solutions and structure transactions that best suit their needs for the long term. For more information on the services we offer, contact:

Megan Glasheen, Practice Management Partner
1250 Eye Street, NW, Suite 900
Washington, DC 20005
Phone: (202) 783-2800
E-mail: mglasheen@renocavanaugh.com
www.renocavanaugh.com

Sonnenschein Nath & Rosenthal LLP

8000 Sears Tower
233 S. Wacker Drive
Chicago, IL 60606

Contact: Jana Cohen Blackman
Phone: (312) 876-7967
Fax: (312) 876-7934
E-mail: jcb@sonnenschein.com
www.sonnenschein.com

Wiggin and Dana LLP

One Century Tower
New Haven, CT 06508-1832

The firm’s Affordable Housing, Community Development & Tax Credits Practice Group provides real estate and tax counsel in connection with:

• Acquisitions/Dispositions
• Affordable housing development and land use regulation of residential and mixed-use real estate
• Brownfields redevelopment
• Federal and State low-income housing tax credits
• New Markets Tax Credits
• HUD multifamily housing programs (including HOME, CDBG, 202 & Section 8)
• Assisted livings
• Condominiums

Other offices: Stamford, New York, Philadelphia

Contact: Susan J. Bryson
Phone: (203) 498-4337
E-mail: sbryson@wiggin.com
www.wiggin.com

Combined Debt & Equity

AEGON USA Realty Advisors, Inc.

AEGON invests equity directly in affordable housing and historic tax credit partnerships. With $14 Billion in real estate assets, AEGON can also provide first mortgage loans. Our Community Investments Group focus is larger properties in strong market areas.

David W. Kunhardt, (415) 983-5418
Emily Evers, (415) 983-5454
www.aegonrealty.com

Bank of America

DEBT
Laura Bailey
700 Louisiana St.
Houston, TX 77002-2700
Phone: (713) 247-6094
Fax: (713) 247-6057
E-mail: laura.bailey@bankofamerica.com

EQUITY
James Grauley
Atlanta Plaza Building
600 Peachtree St. NE
Atlanta, GA 30308-2265
Phone: (404) 607-5466
Fax: (404) 607-4359
E-mail: jim.grauley@bankofamerica.com
www.bankofamerica.com

CharterMac

625 Madison Avenue
New York, NY 10022

Contact: Marc D. Schnitzer
Phone: (212) 317-5700
Fax: (212) 751-3550
www.chartermac.com

Citigroup Community Development

One Court Square, 45th Floor
Long Island City, NY 11120

Contact: Andrew Ditton, National Director
Phone: (718) 248-4611
Web: www.citigroup.com

Enterprise Community Investment

10227 Wincopin Circle, Suite 800
Columbia, MD 21044

Contact: Sally Robey
Phone: (410) 964-0552
Fax: (410) 964-1376
E-mail: srobey@enterprisecommunity.com
www.enterprisecommunity.com

John Hancock Realty Advisors, Inc.

200 Clarendon Street, T-53
Boston, MA 02116

Contact: Cynthia Lacasse
Phone: (617) 572-3839
Fax: (617) 572-4741
E-mail: clacasse@jhancock.com

KeyBank Real Estate Capital

Private Equity Group
127 Public Square
Cleveland, OH 44114
Phone: (888) KEY-2221
www.key.com/realestatecapital

MMA Financial

621 East Pratt Street, Ste. 300
Baltimore, MD 21202
Phone: (800) 237-9946
E-mail: investments@mmafin.com
www.mmafin.com

RED CAPITAL GROUP

RED CAPITAL GROUP provides comprehensive debt and equity capital for multifamily and seniors housing projects nationwide. Red Capital Markets, Inc. (MEMBER NASD/SIPC) underwrites housing bonds and provides LIHTC equity for affordable housing projects through private investor funds while Red Mortgage Capital, Inc., a top ten Fannie Mae DUSTM and FHA/MAP lender and servicer, provides non-recourse permanent financing and enhancement. Construction financing for affordable housing projects also is available. For all your financing needs, We Provide ItSM.

Contact: David C. Martin
Phone: (800) 837-5100
Fax: (614) 857-1430
www.redcapitalgroup.com

Computer Software

CLASSIC Real Estate Systems, LLC

Is your compliance monitoring as efficient as it could be? CLASSIC’s software will save you time/money while monitoring compliance. Manage your RD, TC and HUD portfolio.

Additionally:

• Easy to use Windows Interface eliminating hand-written reports.
• Stay current on expiring certifications.
• Reduce audit time.
• Ensure all tenants are move-in qualified.

CLASSIC is known throughout the industry as a leader in affordable housing software development and is part of a fully integrated accounting software package. Please call (800) 351-0383 for additional information and a free demo or visit our web site at www.classicresystems.com

i-CAM’s ACCUCert

i-CAM’s ACCUCert is a Windows-based Section 42 compliance and verification software application. Designed by property management professionals, i-CAM’s ACCUCert works equally well at the site and at the corporate office.

Features include:

• NCSHA Recommended Practice Forms
• Recertification Accountability Report
• Unit Status Report
• E-mail Reports to Investors, Clients, Owners, Regional Managers
• Enhanced Export Utility
• $5000 Asset Waiver is Integrated into the Application Interview Wizard
• Easy to Use Software
• Excellent Technical Support
• Customized Training Programs

TCG Technologies, LLC
Marketing Dept.
8245 Boone Blvd. #704
Vienna, VA 22182
Phone: (800) 226-9999, ext. 21
www.tcgtechnologies.com

Yardi Systems

430 S. Fairview Ave.
Goleta, CA 93117

Contact: Mark Livanec
Phone: (800) 866-1144
Fax: (805) 699-2041
www.yardi.com

Consultants/Compliance & Training

TheoPro Compliance & Consulting, Inc.

21150 W. Capitol Drive, Suite 3
Pewaukee, WI 53072

Contact: Ruth Theobald, CPM, HCCP
Phone: (877) 783-1133
Fax: (262) 783-1134
E-mail: ruth@icomply42.com
www.icomply42.com

Consultants/Environmental & Engineering

Dominion Due Diligence Group

D3G is an industry leader in due diligence inspection services for the affordable housing markets. We specialize in providing 3rd party services for HUD, Fannie, Freddie, LIHTC and state finance housing authority projects.

• Property Inspection Reports
• Project Capital Needs Assessments
• Architectural (A/E) Design Review
• Construction Cost Estimation
• Building and Accessibility Code Review
• Environmental Site Assessments (Phase I & II)
• NEPA/4128 Environmental Resource Studies
• Hazardous Material Consulting

4120 Cox Road
Glen Allen, Virginia 23060

Contact: Jennifer Berger
Phone: (804) 237-1888
E-mail: J.berger@d3g.biz
www.d3g.biz

Consultants/Utilities

Energy Billing Systems, Inc.

EBS, Inc. – the pioneer in Utility Management Services in the USA – provides the multifamily industry a one-stop solution through turn-key installation of gas, electric, and water submetering equipment available in both hardwired and wireless. Hundreds of apartment communities and thousands of billing customers have experienced the highest standards of service in the industry. EBS, Inc.’s full menu of services – consulting, financing, user-friendly reporting, on-site management training, professional installation – all contribute to the company’s goal of putting our customers first.

For property value enhancement and conservation of our national resources, call us today.

2150 Lelaray Street
Colorado Springs, CO 80909-2808

Contact: Phillip W. Neeves, Vice President
Phone: (800) 637-4242, ext. 211

Debt Financing Providers/Brokers

APF

6 East 43 Street, 26 Floor
New York, NY 10017

Contact: Thomas Schissler, senior vice president, or Matt Wiener
Phone: (212) 850-4200
Fax: (212) 850-4216
E-mail: tschissler@apflending.com or mwiener@apflending.com
www.apflending.com

ARCS Commercial Mortgage Company Affordable Housing Division

26901 Agoura Road, #200
Calabasas Hills, CA 91301

Contact: Keeley Kirkendall
Phone: (800) ASK-ARCS, ext. 3292
Fax: (818) 880-3330
E-mail: info@arcscommercial.com
www.arcscommercial.com

CWCapital

One Charles River Place
63 Kendrick St.
Needham, MA 02494
Contact: Michael Berman
Phone: (866) 552-9227
Fax: (781) 707-9398
www.cwcapital.com

Deutsche Bank Berkshire Mortgage

One Beacon Street, 14th Floor
Boston, MA 02180
Phone: (877) 526-3562
www.db.com/cre

Greystone Servicing Corp.

7200 Wisconsin Ave. Suite 1001
Bethesda, MD 20814
Phone: (301) 656-6543
Fax: (301) 656-6299

MMA Financial

621 East Pratt Street, Ste. 300
Baltimore, MD 21202
Phone: (800) 237-9946
E-mail: investments@mmafin.com
www.mmafin.com

Prudential Mortgage Capital Company

100 Mulberry Street
Gateway Center 4, 8th Floor
Newark, NJ 07102

Contact: David Twardock
Phone: (888) 263-6800
Fax: (973) 367-8210
E-mail: pru_mortgage_capital_company@prudential.com

www.prudential.com/mortgage

Reilly Mortgage Group

2010 Corporate Ridge, Suite 1000
McLean, VA 22102

Contact: Lamar Seats
Phone: (877) REILLY2
Fax: (703) 760-4750
E-mail: info@reilly.com
www.reilly.com

Stearns Bank N.A.

Stearns Bank provides construction, mini-perm, and permanent loan programs. We go where you go - nationwide! As an independent bank, we are creative and innovative. You have decision-makers available and accessible in situations that demand immediate attention. We get the job done for you!

4191 2nd St. S.
St. Cloud, MN 56301

Contact: Dennis Hanson
Phone: (800) 320-7262
Fax: (320) 253-9503
E-mail: DennisH@stearns-bank.com
www.stearns-bank.com

SunAmerica Affordable Housing Partners, Inc.

EAST COAST:
1526 E. Parham Road
Richmond, VA 23228

Contact: Denise Fazio
Phone: (877) 892-0500
Fax: (804) 261-2400
E-mail: dfazio@sunamericahousing.com

WEST COAST:
1 SunAmerica Center
Los Angeles, CA 90067

Contact: Mike Fowler
Phone: (888) 889-8927
Fax: (310) 772-6179
www.sunamericahousing.com

Virginia Housing Development Authority (VHDA)

601 S. Belvidere Street
Richmond, VA 23220

Contact: John Hastings
Phone: (804) 343-5657
Fax: (804) 783-6741
E-mail: john.hastings@vhda.com
www.vhda.com

Equity Investment

First Sterling Financial, Inc.

1155 Northern Boulevard, Suite 250
Manhasset, NY 11030

Contact: Ann Soja
Phone: (516) 627-5223
Fax: (516) 627-8760
E-mail: asoja@firststerling.com
www.firststerling.com

JPMorgan Capital Corporation

21 South Clark St.
12th Floor MC: IL10502
Chicago, IL 60603

Contact: Patrick J. Nash
Phone: (312) 732-7900
Fax: (312) 336-3496
E-mail: Patrick_Nash@bankone.com
www.Bankone.com

MMA Financial

621 East Pratt Street, Ste. 300
Baltimore, MD 21202
Phone: (800) 237-9946
E-mail: investments@mmafin.com
www.mmafin.com

National Equity Fund

120 S. Riverside Plaza, 15th floor
Chicago, IL 60606-3908

Contact: Colleen Mulcahy
Phone: (312) 697-2482
Fax: (312) 360-0802
E-mail: cmulcahy@nefinc.org
www.nefinc.org

Raymond James Tax Credit Funds, Inc.

Raymond James has been sponsoring affordable housing since 1974. We provide resources to developers of low-income tax credit housing and help underwrite investment in these communities through our tax credit fund offerings.

880 Carillon Parkway
St. Petersburg, Fl 33716

Contact: Steve Kropf
Phone: (800) 438-8088
Fax: (727) 567-8455
E-mail: Steve.Kropf@RaymondJames.com
www.RJTCF.com

The Richman Group Affordable Housing Corporation

1800 North Kent Street, Suite 904
Arlington, VA 22209

Contact: Reid Weppler
Phone: (703) 741-9910
E-mail: wepplerr@trgofct.com

WNC & Associates, Inc.

17782 Sky Park Circle
Irvine, CA 92614

Contact: Michael Gaber
Phone: (714) 662-5565
Fax: (714) 662-4412

For Sale – Apartment Portfolio

CBRE

1,500 + unit Chicago - Metro Apartment Portfolio

• Ideal properties for Section 42 LIHTC program
• 15-year continuous ownership/value add potential
• The properties are offered individually and unencumbered
• Illinois generally has ample bond volume cap

Contact: Dan Cohen
Phone: (312) 935-1427
E-mail: dan.cohen@cbre.com

General Contractor

ICON Builders

1247 Lincoln Blvd., Suite 125
Santa Monica, CA 90401

Contact: Carin Schmidt
Phone: (800) 787-9090
Fax: (310) 450-4371
E-mail: cis@iconbuilders.com
www.iconbuilders.com

GIS/Mapping

Community GeoServices, LLC

Community GeoServices assists housing developers, non-profit organizations, and government agencies by providing customized and meaningful data and maps. Individualized Geographic Information System databases and application are developed to fit the needs of your company allowing clients to locate comparable properties, target potential build sites, map the latest Census demographic data and much more. Utilize GIS in pre-development, underwriting and asset management. Specialized Web-based mapping, technical support and training are also available.

Community GeoServices, LLC
2380 Science Parkway, Suite 107
Okemos, Michigan 48864

Contact: Jennifer Lathom
Phone: (517) 827-6411, ext. 107
E-mail: gis@cr-services.com
www.cr-services.com

Nonprofit Housing Organizations

Ohio Capital Corporation for Housing

OCCH is an independent, mission-driven nonprofit corporation that works with private and public developers to create affordable housing opportunities. Since our foundation in 1989, OCCH has raised more than $1 Billion in private investment for LIHTC projects and has completed more than 300 projects with sponsors, creating more than 16,000 units of affordable housing.

Contact: Hal Keller, President
88 East Broad Street, Suite 1800
Columbus, OH 43215
Phone: (614) 224-8446
E-mail: hkeller@occh.org
www.occh.org

Properties Wanted

Lake Erie Realty Investments LLC

Buyer wants subsidized housing complexes in Ohio, Michigan, Indiana, Pennsylvania, New York, Kentucky, and West Virginia; and larger portfolios nationally.

The buyer is an owner/manager who pays top dollar. He does not renegotiate once agreement has been reached, and will help you minimize taxes and maximize proceeds. He maintains affordability and keeps employees, tenants, and communities happy. Excellent references from sellers available.

Contact: Joseph Milder, Broker
216-227-9946
jmilder@ameritech.net

Real Estate Research

Community Research Services, LLC

Community Research Services has been serving the multifamily industry with market research experience across the country. We have assisted developers, nonprofit organizations, government agencies, and financial institutions with the development and/or strategic solutions on various types of housing alternatives by providing top quality market research and reports in a timely manner at affordable rates. Our commitment to product quality and customer service continues to be the key to our increasing success.

Community Research Services, LLC
2380 Science Parkway, Suite 107
Okemos, MI 48864

Contact: Kelly Murdock
Phone: (517) 827-6411, ext. 103
E-mail: info@cr-services.com
www.cr-services.com

Gill Group

Appraisals – Research – MAP

Gill Group is a full service real estate market research company specializing in multifamily appraisals, market studies, rent comparability studies, and HUD Mark-to-Market and MAP reports. Our superior research services are used by developers, state housing agencies and organizations of all types across the entire United States. For more information about our premium services, visit our Web site: www.gillgroup.com.

Contact: Cash Gill
Phone: (800) 428-3320
Fax: (877) 624-2942
E-mail: cash.gill@gillgroup.com

National Land Advisory Group

Serving the multifamily industry for over 20 years with complete and effective market feasibility studies. We specialize in LIHTC developments, bond financing projects, market-rate housing and government subsidized housing.

Reports utilize precise market information coupled with the accuracy of personal, site-specific research. Proven track record with developers and financing providers. Quality work at competitive prices. Experienced in working with state housing agencies throughout the United States. References proudly provided.

208 E. State Street
Columbus, OH 43215

Contact: Richard Barnett
Phone: (614) 228-5229
Fax: (614) 463-9642
E-mail: rbarnett@landadvisory.biz

Vogt Williams & Bowen, LLC

Timely and insightful market feasibility studies. Two important considerations when you need a market study for your Tax Credit development. Vogt Williams & Bowen, LLC is a national real estate research firm providing accurate and dependable market forecasts for a broad range client base. We have considerable experience and capability to meet your market study requirements on time and within budget.

For more information, contact:

Contact: Tim Williams
Phone: (614) 225-9500
E-mail: timw@vwbresearch.com

Request for bids

The Housing Authority of the City of Brownsville, Texas, (Housing Authority) will receive bids until 3:00 PM, May 31, 2006 at 2606 Boca Chica Blvd., Brownsville, Texas 78521, for approximately 26.77 acres. The site’s highest and best use is commercial, and currently includes 162 apartments, and other improvements. The site has about 144 feet of frontage on the South side of Boca Chica Blvd. The property is located about one (1) mile East of U.S. Highway 77/83 (Expressway) in the central portion of Brownsville, characterized by the intense commercial development along Boca Chica Blvd. and the surrounding residential neighborhoods.

For information, please contact Mr. Remberto Arteaga, Executive Director of the Brownsville Housing Authority, at telephone number 956-541-8315 (fax 541-7860) or Apolonio Flores at 210-494-7944 (fax 494-0853). All questions must be submitted in writing. Complete information packet is available on our web site, www.txbha.com.