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2O26O6462 <br />TAX CREDIT INFORMATION - <br />Allocation of Federal Low Income Housing Tax Credits: $275,500 <br />Allocation of Nebraska Affordable Housing Tax Credits: $275,500 <br />Occupancy Date: The date(s) set forth in the Table above under THE PROJECT. <br />Nonprofit Set -Aside: No <br />Project Subject to a Right of First Refusal: Yes <br />Name of Entity entitled to the Right of First Refusal: <br />Housing Development Corporation <br />Contact Information: Michelle Callahan <br />Income Election Set -Aside for IRS purposes <br />Applicable Set -Aside Percentage: 40% <br />Applicable Income Percentage: 60% <br />Income Averaging Set -Aside (The average area median income designation of all units <br />must be 60% or less): N/A <br />Targeted Rent Levels <br />10% of the Total Units (2 units) will have overall rents affordable at or below 40 % of <br />the applicable area median income. <br />40% of the Total Units (8 units) will have overall rents affordable at or below 50 % of <br />the applicable area median income. <br />Affordability Period <br />Required Number of Years: 45 Total Years (Compliance Period: 15 years plus <br />Extended Use period 30 years) <br />Qualified Contract <br />Qualified Contract Required Number of Years: N/A <br />Additional Targeting Commitments All commitments of the Owner (as set forth in the <br />Application and which are incorporated herein by reference), including, but not limited to <br />the following: <br />Seniors, aged 55+. <br />4934-0140-8868.2 <br />