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�o�los�s4 <br />Income Elecrion Set-asida for IRS nurooses <br />Applicable Set-Aside Percentage(s): 40% <br />Applicable Income Percentage(s): 60% <br />Tar�eted Rent Levels <br />100% of the Qualified Units (12 units) will have overall rents affordable at or below 51.67 % of the applicable azea <br />median income. <br />Raquired Number of Years From Occnpancy Date: 30 yeazs. Eactended Period 15 years. Compliance Period: 15 years. <br />For Qualified Contract: Required Number of Compliance Years from Occupancy Date: 15 years <br />Other conditions of targeting: As set forth in the LIHTC Application <br />Lenders: Horizon Bank <br />Housing Development Corporation <br />