Applegate & Thorne-Thomsen, P.C. Thomas Thorne-Thomsen 322 S. Green Street, Suite 412 Chicago, IL 60607 Telephone: (312) 491-3324 Fax Number: (312) 421-6162 E-Mail: tthorne@att-law.com Web: www.att-law.com Organization Description Applegate & Thorne-Thomsen, P.C. was formed in 1998 to serve it's clients in all aspects of development, ownership, financing and investment in real estate. Lawyers in the firm have represented diverse real estate interests, from individual entrepreneurs to Fortune 100 corporations, from the sale of single family homes to the sale of multi-tenant downtown office buildings. We offer significant expertise with respect to the use of low-income housing tax credits as a means of affordable finance. Our practice includes experience in various HUD grant and loan programs for multi-family housing, public housing, redevelopment programs, transfers of physical assets, loan management matters and other publicly financed assisted and insured lending transactions involving multifamily properties. Although the Firm's lawyers bring years of experience with Chicago's large law firms, we have founded the Firm based on a recognition that we are best able to serve our clients' needs from a smaller entrepreneurial setting which emphasizes service of the highest quality, delivered in the most efficient manner possible. We have left behind the trappings of the large law firm without sacrificing the needs of our clients to receive the most sophisticated and cutting-edge advice available. The Firm includes 9 lawyers and three legal assistants. Banc One Community Development Corporation Jennifer Henson, Senior Vice President/Chief Operating and Administrative Officer 150 E. Gay St., 16th Floor Columbus, OH 43215 Telephone: (614) 217-1031 Fax Number: (614) 248-2396 E-Mail: jennifer_henson@bankone.com Web: www.bancone.com/about/mission Organization Description Banc One Community Development Corporation was created in 1987. Its purpose is to invest in projects that fulfill a public purpose and promote community welfare by providing financing for affordable housing, projects which create or preserve jobs for low-income persons and business and investing in projects which promote neighborhood revitalization. It is a subsidiary of the sixth largest bank in the country. Since its establishment, the CDC has invested over $800 million in over 3,000 projects across the country. This includes direct equity and fund investments, economic development loans, construction loans, bridge loans, permanent loans for tax credit projects and small business loans. Being a separate entity of the Banc One Corporation allows the CDC to provide imaginative and resourceful solutions for community financing needs. Banc One CDC has been an active participant in local and state equity funds and is a current investor in state or local equity funds in eight locations including the funds in Chicago, Delaware, Illinois, Indiana, Milwaukee, Michigan, and Ohio. Banc One CDC is active in the 15 Banc One states: Arizona, Colorado, Delaware, Florida, Illinois, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Texas, Utah, West Virginia and Wisconsin. The CDC is based in Columbus, Ohio and has satellite offices in Chicago, Cleveland, Detroit, Dallas and New Orleans. Carle, Mackie, Power & Ross, LLP - Attorneys Richard Power, Partner, Head of Affordable Housing Group 100 B Street, Suite 400 Santa Rosa, CA 95401 Telephone: (707) 526-4200 Fax Number: (707) 526-4707 E-Mail: rpower@cmprlaw.com Web: www.cmprlaw.com Organization Description Carle, Mackie, Power & Ross LLP is nationally recognized as a leading law firm in the area of affordable housing. It handles all aspects of affordable housing transactions including: advising developers on site acquisition and negotiation of equity, bond and debt funding as well as ongoing tax and regulatory compliance; advising equity investors on direct and indirect tax credit investments associated tax credit issues; advising debt lenders, providing bridge loans, construction loans or take-out finance; and providing tax opinions. The firm also represents borrowers and lenders with respect to transactions involving Fannie Mae and Freddie Mac and HUD/FHA involvement. CMPR’s general experience in real estate, banking, fund structuring, corporate, nonprofit and tax issues enables it to handle the unexpected as well as the expected issues. Its objectives are to provide pragmatic and proactive advice in a commercial context while helping to ensure its clients achieve their commercial goals. Chicago Equity Fund/Illinois Equity Fund William W. Higginson, President One East Superior St., Suite 604 Chicago, IL 60611 Telephone: (312) 943-2266 Fax Number: (312) 943-7994 E-Mail:william.higginson@cefief.com Organization Description Chicago Equity Fund and Illinois Equity Fund create limited partnerships raising approximately $35-40 million annually for the two funds. The investment capital is invested in low and moderate income housing units across the State of Illinois. Since the creation of the Chicago Equity Fund in 1985 and Illinois Equity Fund in 1992, the two funds have produced nearly 10,000 housing units. Community Affordable Housing Equity Corporation Dana S. Boole, Executive Vice President & Interim CEO 7700 Falls of the Neuse Road Raleigh, NC 27615 Telephone: (919) 420-0063 x 203 Fax Number: (919) 420-0019 E-Mail:dboole@cahec.com Web: www.cahec.com Organization Description Founded in 1992 by the North Carolina Housing Finance Agency, Community Affordable Housing Equity Corporation (CAHEC) is a private, non-profit company headquartered in Raleigh, North Carolina and doing business throughout the southeast and Mid-Atlantic States. CAHEC's mission is to raise and invest equity in qualified affordable rental housing developments through use of low income housing tax credits to empower residents in developments CAHEC helps finance and promote home ownership. Since 1998 CAHEC has sponsored special initiatives, a series of supportive services programs unique in the tax credit industry. Dauby O'Connor & Zaleski, LLC Jack Brummet 703 Pro-Med Lane, Suite 300 Carmel, IN 46032 Phone: (317) 848-5700 Fax: (317) 815-6140 E-Mail:jbrummet@doz.net Web: www.doz.net Organization Description Dauby O'Connor & Zaleski, LLC was founded in 1987 to provide a very high level of expertise to clients in the real estate industry. Dauby and O'Connor primarily practice accounting, auditing and business advisory services, while Zaleski concentrates in taxation. These partners have extensive experience in the preparation of audited financial statements, tax returns and financial forecasts relative to a variety of entities in the real estate industry. These entities have owned nursing homes, low income housing projects, facilities for the disabled, hotels and motels, office buildings and residential land developments. These developments have typically been financed with bond issues, equity proceeds, conventional financing and government insured financing. The partners have extensive experience with real estate projects utilizing the low income housing tax credit pursuant to Section 42 of the Internal Revenue Code. The partners have also provided consulting services to some of these same projects, which include financial forecasts for private placement memorandum, tax compliance, assistance with the tax credit application process and tax credit basis certifications. The firm has extensive knowledge of HUD and RD regulations for the majority of programs. We have provided extensive consulting services relating to front-line management functions for centralized management operations. The firm is also an active member of SAHMA & NAHMA and has participated in AHMA trade shows all across the country. Delaware Community Investment Corporation Doris R. Schnider, President Three Mill Road, Suite 105 Wilmington, DE 19806 Telephone: (302) 655-1420 Fax Number: (302) 655-1419 E-Mail: DSchnider1@aol.com Organization Description The Delaware Community Investment Corporation (DCIC) is a multibank community development corporation which was established in 1994. In addition to the Equity Fund Program, DCIC also offers loans for permanent financing of multifamily rental properties. DCIC has a commercial lending program for community revitalization such as daycare centers, medical centers and shopping facilities in low to moderate income neighborhoods. Over $225 million has been committed and/or funded/invested to our programs by DCIC's 39 bank members. DCIC's programs have assisted in the creation of over 3,000 units in the state of Delaware. Devine, Millimet & Branch, P.A. John B. Sparkman, Esq. P.O. Box 719 Manchester, NH 03105 Phone: (603) 669-1000 Fax: (603) 669-8547 E-Mail: jbsparkman@dmb.com Web: www.dmb.com Organization Description Devine, Millimet & Branch, Professional Association utilizes the experience gained over its 50 years of service to continue its tradition of providing quality legal services. We pride ourselves on our ability to provide every client with aggressive, creative and results-oriented representation at a reasonable cost. Over the years, our firm has developed a reputation for being reasonable, practical attorneys who use the legal process to achieve our client's goals. Devine, Millimet & Branch was established in 1947 as a two-person partnership and has developed into a leading law firm in northern New England, which includes over 70 attorneys from more than thirty law schools. The firm's headquarters are located in a restored post office building in Manchester, NH with other offices in the State Capitol, Concord, NH, No. Hampton, NH and Andover, MA providing our clients with regional resources. The firm is comprised of two major groups, Corporate and Litigation, with specific practice areas within each group which allows us to provide a full range of legal services to individuals, businesses, insurance companies, non-profits and governmental bodies throughout the New England region. Fannie Mae Yolanda Nelson, Senior Account Executive Multifamily Affordable Housing 3900 Wisconsin Ave., N.W. Washington, D.C. 20016 Telephone: (202) 752-6128 Fax Number: (202) 752-4281 E-Mail: yolanda_nelson@fanniemae.com Web: www.fanniemae.com Organization Description Fannie Mae is the largest non-bank financial services company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages. Over the past 30 years, Fannie Mae has provided nearly $2.5 trillion of mortgage financing for over 30 million families. Fifth Third Community Development Corporation Wayne Koehler, President 540 Officenter Place, Suite 260 Gahanna, OH 43230 Phone: (614) 471-8083 Fax Number: (614) 471-2690 E-Mail: Wayne.Koehler@53.com Web Address: www.53.com Organization Description Fifth Third Community Development Corporation, a wholly owned subsidiary of Fifth Third Bancorp, was created to invest in low income housing and historic tax credit projects that support community revitalization and the creation of affordable housing. The CDC invests primarily in projects within Fifth Third Bank's assessment areas, which are located in Ohio, Michigan, Illinois, Kentucky, Indiana, Florida, Tennessee and West Virginia. Since its inception, Fifth Third CDC has committed to over $120 million in investments in more than 100 projects. Fleet National Bank Wayne Johnson, Senior Vice President One Federal Street Mail Code: MA DE 10304X Boston, MA 02110 Telephone: (671) 346-4877 Fax Number: (617) 346-5025 E-Mail: wayne_johnson@Fleet.com Web: www.fleet.com Organization Description Fleet National Bank has been providing nationwide LIHTC financing since 1994. It also provides construction, bridge, and warehouse loans. Fleet's LIHTC portfolio presently stands at $500 million. Freddie Mac Christine Hobbs, Director Community Development Investment Group-Multifamily 8100 Jones Branch Drive Mailstop B4I McLean, VA 22102 Telephone: (703) 714-2894 Fax Number: (703) 714-2515 E-Mail: christine_hobbs@freddiemac.com Web: www.freddiemac.com Organization Description Freddie Mac is a share-holder-owned company dedicated to making the American dream of decent, accessible housing a reality. Freddie Mac has helped one in six homebuyers realize this dream. Freddie Mac Multifamily has provided financing for over 1 million families. Freddie Mac is also one of the largest investors in Low Income Housing Tax Credits, having a portfolio in excess of $2 billion. Over 2,300 projects with a total of approximately 170,000 units have received an equity investment from Freddie Mac. Garden State Affordable Housing, Inc. Joseph M. Selzer, Executive Director 233 West Market Street Newark, NJ 07103 Telephone: (973) 639-7845 Fax Number: (973) 623-5489 E-Mail: jselzer@newcommunity.org Web: www.newcommunity.org Organization Description Garden State Affordable Housing, Inc., an affiliate of New Community Corporation, was organized in 1994 to establish and manage The New Jersey Housing Opportunity Funds. The Funds represent a perpetual source of capital to help finance multifamily rental housing through low income housing tax credits. Garden State Affordable Housing, Inc. offers tax credit syndication, asset management, and technical assistance for all types and sizes of projects, including those with Historic Preservation Tax Credits, nonprofit components, and inner city projects. Over $43 million in equity has been raised for investment. Hawaii Investors for Affordable Housing, Inc. Stacy L. Sur, Vice President Pauahi Tower, Suite 2395 1001 Bishop Street Honolulu, HI 96813 Telephone: (808) 532-3114 Fax Number: (808) 524-1069 E-Mail: slsur@aloha.net Organization Description Hawaii Investors for Affordable Housing, Inc. (HIAHI) was formed in 1995 to further the development of affordable housing in the State of Hawaii through the creation of tax credit equity funds and by providing technical assistance to developers, To date, HIAHI has created two funds (Hawaii Affordable Housing Fund I & II) raising $39.7 million dollars. $21.7 million dollars has been committed/invested thus far, assisting 594 housing units throughout the State. Homestead Capital Deborah Saweuyer-Parks, President and CEO 222 SW Columbia Street, Suite 200 Portland, OR 97201 Telephone: (503) 276-1555 Fax Number: (503) 276-1563 E-mail: dsp@homesteadcap.com Web: www.homesteadcap.com Organization Description Oregon Corporation for Affordable Housing recently announced its new name, Homestead Capital, to reflect the wider geographic focus of its award-winning portfolio. The new name aligns its corporate identity with its regional expertise and regional commitment to provide outstanding affordable housing throughout the West. Homestead Capital, a nonprofit corporation, was initially formed in 1993 to encourage corporate investment in the Oregon housing market through the use of low-income housing tax credits and to provide technical assistance to housing development sponsors statewide. Homestead Capital has invested over $175 million in over 2,000 much-needed affordable apartments by purchasing low-income housing tax credits. Homestead Capital’s success results from both its regional focus and the skills of its professional team. These strengths allow Homestead Capital to finance the right deals and assure asset performance. Housing Vermont Andy Broderick, President 123 St. Paul Street Burlington, VT 05401 Telephone: (802) 863-8424 Fax Number: (802) 660-9034 E-Mail: andy@hvt.org Organization Description Housing Vermont (HV) is a full-service housing development company formed in 1988 as a nonprofit corporation. HV works in partnership with local communities to build and rehabilitate permanently affordable housing throughout the State. HV has an ownership interest in 82 properties containing more than 2,800 apartments. HV has raised nearly $52 million in tax credit equity through the LIHTC and historic rehabilitation programs. Indiana Capital Fund for Housing Fred Hash, President 324 West Morris St., #101 Indianapolis, IN 46225 Telephone: (317) 423-8880 Fax Number: (317) 423-8855 E-Mail: fhash@icffh.org Organization Description Indiana Capital Fund For Housing Nonprofit Housing Corporation was formed in the last months of 2000 and has raised $23 million of investment equity in its first fund. When a need was identified in Indiana for a tax credit syndicator to create affordable housing, the Fund was created under the expert guidance of the Michigan Capital Fund For Housing. The Indiana Capital Fund has closed three deals providing equity investment on 185 units. An additional 24 units are anticipated to close in August. By close of 2002, Indiana Capital Fund expects to complete an additional 6 to 10 projects with equity in its first fund. As soon as the first fund is closed, the second offering for Indiana Capital Fund for Housing will be distributed. Iowa Equity Fund Renie Neuberger, Executive Director 6151 Thornton Avenue, Ste. #800 Des Moines, IA 50321 Telephone: (515) 280-6000 Fax Number: (515) 243-0707 E-Mail: rneuberger.ief@MHEGINC.com Organization Description The Iowa Equity Fund (IEF), formed late in 2001, is primarily a tax syndicator but also provides technical assistance to non-profit development organizations in the state of Iowa. IEF syndicates and assists in all types and sizes of tax credit properties with emphasis on rural, difficult to develop areas and service intensive properties such as rent- to-own and transitional housing. IEF is a single member limited liability company with its sole member the Midwest Housing Equity Group, Inc. (MHEG). MHEG is a privately owned 501(c)(3) self-supported non-profit corporation, which does not rely on federal or state dollars. Kansas Equity Fund, LLC William Caton, Consultant c/o Midwest Housing Equity Group, Inc. 13057 West Center Road, Suite 20 Omaha, NE 68144-3723 Telephone: (785) 749-5605 Fax: (785) 256-7070 E-mail: BCaton.kef@mheginc.com Organization Description The Kansas Equity Fund was formed in 2000 to operate in the state of Kansas and is wholly owned by the Equity Fund of Nebraska. KEF to date has played an important role in providing capital for housing in small Kansas communities. Through its parent, KEF has top-notch underwriting, asset management, and technical assistance staff. Kutak Rock LLP Gregg S. Yeutter, Partner 1650 Farnam Street Omaha, NE 68102 Telephone: (402) 346-6000 Fax Number: (402) 346-1148 E-Mail: gregg.yeutter@kutakrock.com Web: www.kutakrock.com Organization Description Kutak Rock LLP is a national law firm with offices in 15 locations across the country. The firm has an expansive housing practice, most notably in the area of tax-exempt financing. With respect to its specific activities in the Low Income Housing Tax Credit area, Kutak Rock LLP has been an active participant in the LIHTC Program since its inception in 1986, providing a wide range of services to a broad spectrum of clients. Kutak Rock LLP represents syndicators and direct investors in LIHTC projects, including representation of one of the country’s five largest national banks in connection with its program of direct investments (involving approximately $1.5 billion of equity commitments to date). Kutak Rock LLP has served as counsel to various state equity funds since 1993, providing all legal services in connection with the creation, syndication and operation of funds. Kutak Rock LLP represents developers (both for-profit and nonprofit) across the country with respect to Section 42 projects. The firm also serves as counsel to various state housing agencies charged with the establishment and operation of the LIHTC program in their state. Loomis, Ewert, Parsley, Davis & Gotting, PC Karl L. Gotting, Esq. 232 S. Capital Avenue, Suite 1000 Lansing, MI 48933 Telephone: (517) 482-2400 Fax Number: (517) 482-0555 E-Mail: klgotting@loomis.com Web: www.loomislaw.com Organization Description Loomis, Ewert, Parsley, Davis & Gotting, PC is a law firm providing legal services to developers and syndicators in the State of Michigan. Services include new construction and rehabilitated projects, tax credit projects, historic credit projects, conventionally financed projects and projects financed through the Michigan State Housing Development Authority, HUD insured projects and projects financed through Rural Housing. Massachusetts Housing Investment Corporation Joseph Flatley, President and CEO 70 Federal St. Boston, MA 02110 Telephone: (617) 850-1028 Fax Number: (617) 850-1000 Organization Description MHIC was created in July of 1990 to provide financing for affordable housing throughout Massachusetts. The corporation provides construction, permanent, and acquisition financing for projects with at least a 20 percent affordable component. The corporation also purchases low income housing tax credits through its subsidiary, The Massachusetts Housing Equity Fund, Inc. To date, the corporation’s portfolio contains approximately 6,000 rental units. Merritt Community Capital Corporation Bernard T. Deasy, President 1736 Franklin St., Suite 600 Oakland, CA 94612 Telephone: (510) 444-7870 Fax Number: (510) 444-7874 E-Mail: BDeasy@merrittcap.org Web: www.merrittcap.org Organization Description Merritt Community Capital Corporation is a private, nonprofit 501(c)(3) corporation providing equity financing to affordable housing developers throughout California. Since 1989, the corporation has raised more than $170 million in capital for affordable housing development. Merritt Capital currently manages seven upper tier limited partnerships and numerous direct investments. It is in the process of forming an eighth partnership fund. These funds invest in nine percent and four percent Low Income Housing Tax Credit projects and Acquisition with Moderate Rehabilitation projects. Merritt Capital has provided equity which has resulted in the creation or rehabilitation of 2,680 units of affordable housing. Michigan Capital Fund for Housing Mark McDaniel, President 530 W. Ionia, Suite F Lansing, MI 48933 Telephone: (517) 482-8555 Fax Number: (517) 482-8598 E-Mail: capmac@mcfh.org Web: www.mcfh.org Organization Description The Michigan Capital Fund was formed in 1993 and has raised over $330 million of investment equity to create 5,500+ units of affordable housing in Michigan. Since its inception and through its relationship with the Enterprise Foundation family of companies, the Fund has developed sources of permanent debt financing, construction loans, technical assistance, predevelopment loans and grants, and a charitable activities fund. Midwest Housing Equity Group, Inc. Jim Rieker, Executive Director 13057 West Center Road, Suite 20 Omaha, NE 68144 Phone: (402) 334-8899 Fax Number: (402) 334-5599 E-Mail: JRieker@mheginc.com Web: www.mheginc.com Organization Description Midwest Housing Equity Group, Inc., formerly Equity Fund of Nebraska, Inc., is the non-profit parent corporation for the Equity Fund of Nebraska, LLC (EFN), Kansas Equity Fund, LLC (KEF), Iowa Equity Fund (IEF) and Midwest Housing Development Fund LLC (MHDF). EFN, KEF, and IEF are independently operated tax credit syndication firms and individual members of NASLEF. Midwest Housing Equity Group, Inc. is contracted by EFN, KEF and IEF to perform underwriting, asset management, compliance and other functions including technical assistance at no cost to non-profit and for-profit organizations. MHDF is a Community Development Financial Institution operating in Nebraska, Kansas and Iowa. To date, MHEG companies have raised over $120 million and invested in over 1,800 affordable housing units. New Hampshire + Maine Housing Investment Fund John Anton, President 183 Middle Street, 3rd floor Portland, ME 04101 Telephone: (207) 772-8255 Fax Number: (207) 772-8241 E-Mail: janton@housinginvestmentfund.org Organization Description The New Hampshire & Maine Housing Investment Fund is a private, nonprofit 501(c)(3) corporation providing equity capital and technical assistance to affordable housing developers throughout Maine and New Hampshire. Since 1996, the corporation has raised more than $130 million in equity capital for affordable housing development. MHIF currently manages eight upper tier limited partnerships, in both Maine and New Hampshire, in LIHTC affordable housing developments. Since 1996, NH/MHIF has invested in the development of over 1,500 units of affordable housing. Nixon Peabody LLP Thomas Giblin 101 Federal Street Boston, MA 02110 Telephone: (617) 345-1102 Fax Number: (617) 345-1300 E-Mail: tgiblin@nixonpeabody.com Web: www.nixonpeabody.com Organization Description Nixon Peabody LLP is one of the largest multi-practice law firms in the United States, with offices in 13 cities on the east and west coasts and more than 500 attorneys working in 15 major practice areas. Our size, diversity, and state-of-the-art technical resources enable us to offer comprehensive legal services to individuals and organizations of all sizes in local, state, national, and international matters. Our clients include emerging and middle-market businesses, national and multi-national corporations, financial institutions, public entities, not-for-profit institutions, and individuals. We adhere to the highest standards of legal excellence, and the highest standards of service. Our attorneys are widely respected for the depth of their industry knowledge, and for being responsive, efficient, and easy to work with. The lawyers in Nixon Peabody's Affordable Housing Group include many of the leading practitioners in the field with years of affordable housing experience, both in private practice and in government service. Through the years, these lawyers have represented developers of government financed and assisted multifamily projects, financiers and equity syndicators of these projects, state housing finance agencies, local housing authorities and other public agencies in the field. In addition, Nixon Peabody lawyers represent several leading national housing organizations on Capitol Hill and before relevant government departments. Lawyers in the Affordable Housing Group work closely with attorneys in Nixon Peabody's Low Income Housing Tax Credit Syndication Practice Group as most tax credit developments have other forms of federal assistance and often interface with public agencies. We also work closely with our Real Estate and Public Finance Departments. Ohio Capital Corporation for Housing Hal Keller, President 88 E. Broad St., Suite 1800 Columbus, OH 43215 Telephone: (614) 224-8446 Fax Number: (614) 224-8452 E-Mail: HKeller@occh.org Web: www.occh.org Organization Description The Ohio Capital Corporation for Housing (OCCH) was created in 1989 by the Ohio Housing Finance Agency. As a now independent nonprofit organization, OCCH has three primary activities: equity raising for LIHTC projects, financial packaging for developers of affordable housing, and asset management. OCCH raised over $435 million in equity by 2001 and financed over 8,500 units. OCCH also issues tax exempt bonds as an instrumentality of the state housing agency, administers a HUD technical assistance grant for community-based nonprofits, and is involved in Section-8 portfolio re-engineering. Otis, Atwell & Timberlake Bruce Fritzson, Partner/Shareholder 980 Forest Avenue Portland, ME 04103 Telephone: (207) 797-0990 Fax Number: (207) 797-8618 E-Mail: bfritzson@otisatwell.com Web Address: www.otisatwell.com Organization Description Otis, Atwell & Timberlake, P.A. is a public accounting firm located in Portland, Maine. Formed in 1974, the firm specializes in serving the subsidized housing industry in northern New England. We serve approximately 150 clients who utilize the Low Income Housing Tax Credit. Not only do we perform annual audits and tax returns, but we prepare cost certifications, review development pro-formas and perform development consulting. Reznick Fedder & Silverman Renee Scruggs, Audit Partner 7700 Old Georgetown Rd., Suite 400 Bethesda, MD 20814-6100 Telephone: (301) 657-7706 Fax Number: (301) 657-7707 E-Mail: renee.scruggs@rfs.com Web: www.rfs.com Organization Description Reznick Fedder & Silverman (RF&S) is a full-service certified public accounting and business consulting firm founded in 1977. RF&S serves clients in 46 states from four East Coast offices (Atlanta, Baltimore, Bethesda and Charlotte), and has a staff of approximately 600. The firm is a member of the SEC's Practice Section, and ranks among the 25 largest accounting firms in the United States. A founding member of the International Group of Accounting firms (IGAF), RF&S thru the 40 affiliated U.S. member firms of IGAF, has representation in 60 cities domestically, as well as in more than 100 countries throughout the world. RF&S works for owners, developers, syndicators and managers of more than 3,000 affordable housing units in more than 40 states. Rubin, Brown, Gornstein & Co. LLP Colleen Conrad, CPA 230 S. Bemiston Avenue St. Louis, MO 63105 Telephone: (314) 290-3210 Fax Number: (314) 290-3400 E-mail: Colleen_Conrad@rbg.com Web: www.rbg.com Organization Description Established in 1952, Rubin, Brown, Gornstein & Co. LLP (RBG & Co.) is one of the largest locally owned CPA firms in the Midwest and is located in St. Louis, Missouri. RBG has a large Real Estate Practice Group that provides audit, tax and consulting services nationally with an extensive practice in all aspects of affordable housing, including HUD, state housing agency and low-income housing tax credit developments and funds. Services provided include forecast and projections, tax credit application assistance, HUD and state agency cost certifications, carryover certifications, 10-year rule certifications, tax planning, compliance reviews, asset management assistance and many other services. RBG also provides specialized expertise with historic rehabilitation tax credits and various state tax credit programs. Spectrum Seminars Steven L. Rosenblatt, President 545 Shore Road Cape Ezliabeth, ME 04107 Telephone: (207) 767-8000 Fax Number: (207) 767-1620 E-mail: info@spectrumseminars.com Web: www.spectrumseminars.com Organization Description Spectrum Seminars, Inc. offers training and consulting services for property owners and managers, private corporations and government agencies regarding Rural Development 515 and HUD programs, Fair Housing/Section 504/ADA and the Low Income Housing Tax Credit, as well as other government programs. St. Louis Equity Fund, Inc. Timothy D. Barry, President 707 N. Second St., Suite 308 St. Louis, MO 63102 Telephone: (314) 436-7810 Fax Number: (314) 436-1907 E-mail: TimBarry@slefi.com Organization Description Since its inception in 1988, the St. Louis Equity Fund has raised more than $83 million and financed approximately 2100 affordable homes in over 81 projects involving both low income and historic tax credits. Housing Missouri, the statewide affiliate, has merged with the St. Louis Equity Fund. Under the combined fund, investors may continue to direct their investments to the St. Louis metropolitan area exclusively, or elect to invest on a statewide basis. In addition to the day-to-day activities of development and asset management, the Equity Fund also broadened its role in serving the needs of the housing community. Significant staff and financial resources were devoted to the following areas: -- The continued capitalization and staff support of Community Asset Management Company (CAMCO). CAMCO, a property management company, was founded by the St. Louis Equity Fund in cooperation with Beyond Housing, to address the need for quality property management and resident support services. -- The continuation of the pre-development loan program an important resource in bringing superior housing investments to our Fund. -- The creation of not-for-profit development companies in an effort to preserve and create quality units of affordable housing. -- The development and administration of Tax Credit Manager, a web based database designed to answer an industry-wide need for quality data management. Texas Housing Finance Corporation William T. Cornwell, III, Chief Executive Officer 1145 W. Fifth Street, Suite 100 Austin, TX 78703 Telephone: (512) 469-9059 Fax Number: (512) 469-9864 E-mail: tcornwell@thfc91.org Organization Description Created in 1991 as a 501(c)(3) organization, Texas Housing Finance Corporation ("THFC") has raised over $85,650,000 in corporate equity through seven tax credit equity funds since 1993. THFC has invested these funds in thirty-five partnerships having allocations of Low Income Housing Tax Credits throughout Texas and New Mexico creating more than 3,640 units of affordable housing. THFC’s limited partnership roles include serving as co-general partner Texas Housing Opportunity Fund, Ltd. ("THOF") and serving as general partner in Texas Housing Opportunity Fund II, Ltd. ("THOF II"), Border Initiative Fund for Housing, Ltd., ("Border Fund"), THOF III, Ltd.,THOF Dallas Fund, Ltd., THOF IV, Ltd. and THOF V, Ltd. SWHOF VI, Ltd. is currently being offered. THFC has provided predevelopment loan funds to LIHTC developments since 1997. THFC also provides permanent and construction financing assistance, tax credit application assistance, and conferences and training sessions. The Enterprise Social Investment Corporation Dan Mendelson, Senior Vice President Acquisitions 10227 Wincopin Circle, Suite 800 Columbia, MD 21044 Telephone: (410) 964-0552 Fax Number: (410) 964-1376 E-Mail: Dmendels@esic.org Web: www.ESIC.org www.enterprisefoundation.org Organization Description The Enterprise Social Investment Corporation (ESIC), a subsidiary of The Enterprise Foundation, works with partners to finance, develop and acquire affordable housing and other community development initiatives in underserved neighborhoods across the country. ESIC works with both nonprofit and for-profit developers of affordable housing and has invested in projects serving the elderly, families and people with special needs. Through our subsidiaries, Enterprise Mortgage Investments, Inc. (EMI) and Enterprise Homes, Inc. (EH), we provide permanent, long-term mortgage financing for affordable multifamily housing and develop affordable home ownership and rental housing, respectively. ESIC, through the use of the federal Low Income Housing Tax Credit enacted in 1986 has raised over $3.6 billion in equity from more than 170 corporate investors. When fully invested, this equity will produce an estimated 70,000 affordable homes located in urban, rural and suburban communities nationwide. The Stolar Partnership Janice E. Hetland 911 Washington Avenue, 7th Floor St. Louis, MO 63101 Telephone: (314) 231-2800 Fax Number: (314) 436-8400 E-Mail: jeh@stolarlaw.com Web: www.stolarlaw.com Organization Description The Stolar Partnership's Affordable Housing Group has nationwide experience in all facets of tax credit development and financing, including federal and state low-income and affordable housing tax credits, federal and state historic rehabilitation tax credits, HUD financing, tax-exempt bond financing and federal, state and/or local grants, below-market loans, assisted living developments and state and local incentives. Our clients include equity funds, institutional investors, lenders and for-profit and nonprofit developers. TheoPRO Compliance & Consulting Ruth L. Theobold, President 21150 W. Capitol Drive, Suite # 3 Pewaukee, WI 53072 Telephone: (262) 783-1133 Fax Number: (262) 783-1134 E-Mail: ruth@icomply42.com Organization Description Headquartered near Milwaukee, Wisconsin, TheoPRO’s clients include investors and syndicators, developers, management agents of tax credit housing around the country. Its emphasis is on the management of tax credit housing. TheoPRO produces seminars and workshops around the country and provides private seminars for industry professionals. TheoPRO also provides a variety of services including file pre-approval, file review/audit services, and special projects. Recognized as an industry leader, the TheoPRO team applies its knowledge and years of experience to the careful and conservative protection of tax credit housing. Virginia Community Development Corporation Ralph Nodine, President & CEO 114 East Cary St., #101 Richmond, VA 23219 Telephone: (804) 343-1200 Fax Number: (804) 343-1043 E-mail: rnodine@vacdc.org Organization Description The Virginia Community Development Corporation (VCDC) was formed in 1990 with a mission to serve as a leader in the development of innovative affordable housing and revitalization of Virginia’s communities. VCDC currently manages eight equity funds and has provided technical assistance in the financing, development and management of 40 investment partnerships, resulting in the creation of 1400 affordable housing units in Virginia. A total of over $70 million has been raised to date and has helped leverage additional public and private sector financing. Ziner Kennedy & Lehan Albert Rodiger, Manager 24 Federal Street Boston, MA 02110 Telephone: (617) 472-0700 Fax Number: (617) 556-2869 Organization Description Ziner, Kennedy & Lehan LLP is a certified public accounting firm providing audit, review and compilation services to a broad spectrum of companies, from manufacturing and distribution to technology to real estate development and construction. Our nationally recognized syndication practice has structured financing solutions for dozens of developers building thousands of residential units. ZK&L also fosters our clients' business growth and development with a range of management consulting services. Our partners, who are licensed to practice in more than twenty states, combine highly specialized knowledge, comprehensive experience and an unsurpassed commitment to quality and service. |