LIHTC Properties in Arkansas Through Annual Allocated Amount. Nonprofit

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2 Placed WESTRIDGE APARTMENTS 202 SHANNON RD GRADY AR Yes Acquisition and Rehab % present value No LANI K. APARTMENTS 668 S SHARPE AVE BOONEVILLE AR No 1990 Acquisition and Rehab % present value No CEDAR BRANCH APARTMENTS 461 S GROVE ST HAZEN AR No Acquisition and Rehab % present value No HICKORY SQUARE 1468 E 10TH EXT STUTTGART AR No Acquisition and Rehab % present value No MARLA SQUARE APARTMENTS 825 SULPHUR SPRINGS RD APT 2C MALVERN AR Yes Not Indicated % present value No MOUNTAIN HOME SR. CITIZEN 350 EAST 4TH STREET MOUNTAIN HOME AR Not Indicated % present value No SHADY CREEK 201 E 4TH ST MOUNTAIN HOME AR Yes Not Indicated % present value No SHADY OAKS APARTMENTS 130 W COOK ST FORREST CITY AR No Not Indicated Not Indicated No 1808 S ROSE ST STUTTGART AR Yes Acquisition and Rehab % present value No 1812A S ROSE ST STUTTGART AR Yes Acquisition and Rehab % present value No A SIX UNITS 618 N 18TH ST FORT SMITH AR Yes Acquisition and Rehab % present value No ASHLEY PARK APARTMENTS 1702 ELFEN GLEN ST VAN BUREN AR No Not Indicated % present value No BROAD MOOR ARMS 801 S WISCONSIN ST PINE BLUFF AR Yes Acquisition and Rehab % present value No GLEN COVE 58A MISTLETOE ST DUMAS AR Yes Not Indicated % present value No HOPE PLEASANT RIDGE 1405 E 3RD ST HOPE AR No Acquisition and Rehab % present value No HORSE BEND APARTMENTS 905 FOURTH ST HORSESHOE BEND AR Yes Acquisition and Rehab % present value No MOUNTAIN VIEW VILLAS KALAMAZOO ROAD PARIS AR No Acquisition and Rehab % present value No PARAGOULD TERRACE 1125 S 8TH AVE PARAGOULD AR Acquisition and Rehab % present value No ROLLING HILLS VILLA 1120 BIRDELL ST POCAHONTAS AR No Acquisition and Rehab % present value No SHORTER COLLEGE 800 N BEECH ST NORTH LITTLE ROCKAR Acquisition and Rehab % present value SOUTH POINT APARTMENTS 1705 DESHAE CV POCAHONTAS AR No Acquisition and Rehab % present value No STONEHILL APARTMENTS 508 W 6TH ST YELLVILLE AR No Acquisition and Rehab % present value No SUMMEHILL APARTMENTS 605 SUMMERHILL DR GASSVILLE AR No Acquisition and Rehab % present value No 5420 BLUEBERRY DR LITTLE ROCK AR Not Indicated 1 1 Not Indicated ASHDOWN APARTMENTS 1251 HAGAN DR ASHDOWN AR Not Indicated Not Indicated CUMBERLAND APARTMENTS 1409 CUMBERLAND ST LITTLE ROCK AR Yes Acquisition and Rehab % present value No DEQUEEN VILLAS 100 S TREATING PLANT RD DE QUEEN AR Not Indicated Not Indicated EDGEHILL APARTMENTS 1715 W SEARCY ST HEBER SPRINGS AR No Not Indicated % present value No ELAINE HOUSING NELSON STREET ELAINE AR No New Construction % present value No FOXFIRE APARTMENTS 11 FOXFIRE DR ASH FLAT AR Not Indicated Not Indicated INGLEWOOD MANOR APARTMENTS 3112 W 2ND CT RUSSELLVILLE AR Not Indicated Not Indicated KEYSTONE APARTMENTS 777 HIGHWAY 201 N MOUNTAIN HOME AR No New Construction % present value No ORCHARD APARTMENT 3218 HIGHWAY 42 CHERRY VALLEY AR No New Construction % present value No PARAGOULD APARTMENTS 115 BOGILL ROAD PARAGOULD AR No Not Indicated % present value No PINEWOOD AOARTMENTS 811 VINE ST CORNING AR No Not Indicated % present value No QUAIL RUN APARTMENTS 903 QUAIL RUN DR MULBERRY AR No New Construction % present value No ROSE MANOR APARTMENT 1450 GRAYS AVE BATESVILLE AR Not Indicated Not Indicated ST. CHARLES APARTMENTS 601 RUTH MAGNOLIA AR Not Indicated % present value VILLAGE CREEK APARTMENTS 2811 TWIN RIVERS DR ARKADELPHIA AR No Not Indicated % present value No WALNUT VALLEY APARTMENTS 800 WASHINGTON ST WALDRON AR No Not Indicated % present value No WARD MANOR CAMPBELL STREET WARD AR No New Construction % present value No WESTVIEW ARM 201 PISTACHIO ST DUMAS AR Not Indicated Not Indicated BRIARWOOD PLACE 1117 NE FILLMORE ST BENTONVILLE AR No Not Indicated 5 5 Not Indicated No CAMDEN PROPERTIES 850 FIELD AVE CAMDEN AR No Not Indicated Not Indicated No CEDAR VIEW APT. 705 W 6TH ST BRINKLEY AR No Not Indicated Not Indicated No CHESTNUT ST. DEVELOPMENT 800 S CHESTNUT ST PINE BLUFF AR No Not Indicated Not Indicated No DOUBLE TREE 2 APTS. 601 W EASY ST ROGERS AR No Not Indicated Not Indicated No HAMPTON COVE APTS. LOCUST ST. HAMPTON AR No Not Indicated Not Indicated No HERITAGE HEIGHTS APTS. 717 S SYCAMORE ST HARRISON AR No Not Indicated Not Indicated No MARSHALL MANOR 2 W MAIN ST MARSHALL AR No Not Indicated Not Indicated No MEADOW LAKE APTS., PHASE II 301 MEADOW LAKE CIR SEARCY AR No Not Indicated Not Indicated No NINROD SQ. APTS. 102 W 2ND ST PLAINVIEW AR No Not Indicated Not Indicated No PARKLAKE APTS 3700 KRISTI LAKE DR JONESBORO AR No Not Indicated Not Indicated No PLEASANT POINT APTS S PLEASANT ST SPRINGDALE AR No Not Indicated Not Indicated No

3 Placed RON WES LIMITED PARTNERSHIP W. WILLIAMS & C. STS. WYNNE AR No Not Indicated 8 8 Not Indicated No TOWN BRANCH APTS. 301 AMBER ST HUNTSVILLE AR No Not Indicated Not Indicated No VALLEY LAKE APTS N VALLEY LAKE DR FAYETTEVILLE AR No Not Indicated Not Indicated No WALNUT RIDGE MANOR 111 SE 6TH ST WALNUT RIDGE AR No Not Indicated Not Indicated No WALNUT TREE APTS. 110 N. PLEASANT ST. SPRINGDALE AR No Not Indicated Not Indicated No AUTUMN VILLAGE II APTS DAWSON DR HARRISON AR No Not Indicated Not Indicated No CEDAR CREST APTS. 304 W SCENIC DR PERRYVILLE AR No Not Indicated Not Indicated No COLUMBIA HEIGHTS 465 COLUMBIA AVE CAMDEN AR No Not Indicated Not Indicated No CRAFTON PLACE 1008 W BOB PL FAYETTEVILLE AR No Not Indicated Not Indicated No GARDENVIEW APTS. GARDENVIEW CIRCLE LEWISVILLE AR No Not Indicated Not Indicated No HARDY SENIOR CITIZENS APTS. 100 SPRINGWOOD LN HARDY AR No Not Indicated Not Indicated No JOINER MANOR 103 LEGION ST JOINER AR No Not Indicated Not Indicated No MEADOWVIEW APTS. 1 S 41ST CIR VAN BUREN AR No Not Indicated Not Indicated No NORTHSIDE APTS. 822 SMOKEY BEAR LN GLENWOOD AR No Not Indicated Not Indicated No PARKWOOD ELDERLY APTS. 710 NW EDGAR HOXIE AR No Not Indicated Not Indicated No PEBBLE CREEK APTS. 301 PEBBLE CREEK DR MOUNTAIN VIEW AR No Not Indicated Not Indicated No SUMMERHILL I APTS. SUMMERHILL DR. GASSVILLE AR No Not Indicated Not Indicated No THE MEADOWS 70 JACK DANTE DR DUMAS AR No Not Indicated Not Indicated No TURTLE CREEK APTS. 130 W OAKLAND AVE MONTICELLO AR No Not Indicated Not Indicated No VILLAGE LANE 60 OLD DEPOT RD FARMINGTON AR No Not Indicated Not Indicated No WOODSLANE APTS N WOODS LN ROGERS AR No Not Indicated Not Indicated No 1 UNIT 304 CONLIN ST STAMPS AR No Not Indicated 1 1 Not Indicated No 3 UNIT 302 CENTER ST. WALDO AR No Not Indicated 3 3 Not Indicated No APPLERIDGE APTS. 307 S HOPE ST WALDO AR No Not Indicated Not Indicated No BROADWAY COVE APTS. 385 HIGHWAY 328 W MAYNARD AR No Not Indicated Not Indicated No CALICO ROCK SENIOR CITIZEN APT CLAY ST. CALICO ROCK AR No Not Indicated Not Indicated No DEER RUN APTS. CAIN ST. HUNTSVILLE AR No Not Indicated Not Indicated No FAIRFIELD MANOR APTS. 801 SE G ST BENTONVILLE AR No Not Indicated Not Indicated No FOUNTAIN LAKES APTS CONGO RD BENTON AR No Not Indicated Not Indicated No GARLAND ST. APTS. 615 GARLAND ST MALVERN AR No Not Indicated Not Indicated No GLADIOLA APTS. 703 GLADIOLUS DR JONESBORO AR No Not Indicated Not Indicated No INCLINE VILLAGE 1817 N RUDY RD VAN BUREN AR No Not Indicated Not Indicated No JOHNSON MEADOWS APTS JOHNSON MEADOWS PL SPRINGDALE AR No Not Indicated Not Indicated No LAKESIDE VILLAGE APTS. II 273 W VILLAGE LAKE DR FAYETTEVILLE AR No Not Indicated Not Indicated No LEFLER ESTATES 813 HIGHWAY 65 S CLINTON AR No Not Indicated Not Indicated No MONARK HOMES 1507 MITZI LN VAN BUREN AR No Not Indicated Not Indicated No NORTH HILL APTS. 700 BOWMAN AVE MANSFIELD AR No Not Indicated Not Indicated No PARKVIEW APTS. 300 W 13TH AVE PINE BLUFF AR No Not Indicated Not Indicated No PARKWOOD PLACE 400 N CAZORT ST LAMAR AR No Not Indicated Not Indicated No PECAN GROVE APTS N WASHINGTON ST FORREST CITY AR No Not Indicated Not Indicated No PIKE PLACE APTS. 700 N ALBERT PIKE AVE FORT SMITH AR No Not Indicated Not Indicated No PRESTONWOOD APARTMENTS 1301 E CENTRAL AVE BENTONVILLE AR No Not Indicated Not Indicated No RIVERVIEW APTS. 580 HICKY RD W MARIANNA AR No Not Indicated Not Indicated No SHADOW LAKE APTS W 12TH ST RUSSELLVILLE AR No Not Indicated Not Indicated No THE FAIRWAYS AT LOST SPRINGS 2900 N DIXIELAND RD ROGERS AR No Not Indicated Not Indicated No TURTLE CREEK II APTS. 701 N 24TH ST ROGERS AR No Not Indicated Not Indicated No VALLEY VIEW APTS. 535 PHILLIPS LN MOUNTAINBURG AR No Not Indicated Not Indicated No WEST END PLACE APTS IONE PL SPRINGDALE AR No Not Indicated Not Indicated No YORKSHIRE TOWNHOMES 4301 YORKSHIRE DR FORT SMITH AR Yes Not Indicated Not Indicated No AUTUMWOOD POINT APARTMENTS 908 W GREEN ACRES DR ROGERS AR No New Construction % present value No BARLEE PROPERTIES 809 P CIR BARLING AR No New Construction % present value No BRADLEY ELDERLY HOUSING WOODRUFF ST BRADLEY AR No New Construction % present value No BRISTOL SQUARE APTS 710 ELM ST WALDRON AR No Acquisition and Rehab % present value Yes CALICO ROCK SR.CIT. APTS. CLAY ST CALICO ROCK AR No New Construction % present value No

4 Placed CROSSOVER TERRACE PH I 2867 E GORDON LONG DR FAYETTEVILLE AR No New Construction % present value No CROSSOVER TERRACE PH II 2867 E GORDON LONG DR FAYETTEVILLE AR No New Construction % present value No CYPRESS POINT APTS 216 SCHOOL ST WABBASEKA AR No New Construction Not Indicated No DELTA COVE 700 MAIN ST AUGUSTA AR No New Construction % present value No DYKE VILLAS 2100 S 9TH ST ROGERS AR No New Construction % present value No HOLLY GROVE MANOR 400 SPRUCE ST HOLLY GROVE AR No New Construction % present value No LAKESIDE APARTMENTS 628 MULBERRY ST LAKE VILLAGE AR No New Construction % present value No MEADOW GLADE 401 SE 12TH ST BENTONVILLE AR Yes New Construction % present value No RIVER OAKS APTS 3025 TWIN RIVERS DR ARKADELPHIA AR No New Construction % present value No STAR CITY APTS 417 HONEYSUCKLE DR STAR CITY AR No New Construction % present value No THE STATION APTS PH I 2928 PULLMAN DR SPRINGDALE AR No New Construction % present value No THE STATION APTS PH II 2928 PULLMAN DR SPRINGDALE AR No New Construction % present value No WILLOW GATE APTS 421 N BALLARD ST OFC RECTOR AR No New Construction % present value No BELVIEW PLACE APTS 201 E HICKORY ST DERMOTT AR No Acquisition and Rehab % present value No BUFFALO RIVER VILLAGE 201 W CHURCH ST JASPER AR No New Construction % present value No CARDINAL APARTMENTS 605 S CARDINAL DR MOUNTAIN HOME AR No New Construction % present value No CAVANAUGH SQUARE 7114 TEXAS RD FORT SMITH AR No New Construction % present value No CHENAL PARK APTS CHENAL PKWY OFC LITTLE ROCK AR No New Construction % present value Yes DELTA VILLA 301 VALLEY RD MC GEHEE AR No New Construction % present value No ELAINE TERRACE 401 OAK ST ELAINE AR No New Construction % present value No HUGHES VILLA 321 BUSH ST HUGHES AR No New Construction % present value Yes PARK PLAZA APTS I & II 3968 E SERVICE RD WEST MEMPHIS AR No New Construction % present value No SEVEN SPRINGS 1509 S HARRISON ST DE WITT AR No Acquisition and Rehab % present value No STARFIRE APTS 2008 N SHANNON DR FAYETTEVILLE AR No New Construction % present value No WEST SIDE MANOR 608 OLD STURKIE RD SALEM AR No New Construction Not Indicated Yes WESTERN GROVE VILLAS 200 SHAMROCK LN WESTERN GROVE AR No New Construction % present value No AGUSTA SCATTERED 416 PLUM ST AUGUSTA AR Yes New Construction % present value No ASHLEY PARK APTS 1608 ELFEN GLEN ST VAN BUREN AR No Acquisition and Rehab % present value No BENTONVILLE II 500 SE 12TH ST BENTONVILLE AR No New Construction Not Indicated No BIRCH GROVE HIGHWAY 35 BENTON AR Yes New Construction % present value No COAL HILL MANOR 1206 CAROLINA ST COAL HILL AR No New Construction % present value No FORREST MEADOW 305 KITTLE RD FORREST CITY AR No Acquisition and Rehab % present value No HIGHER HEIGHTS APTS 1203 BARNER ST FORDYCE AR Yes New Construction % present value No KRAMER SCHOOLS 715 SHERMAN ST LITTLE ROCK AR Yes Acquisition and Rehab % present value No MAPLE CHURCH MAPLEWOOD DR HARRISON AR No New Construction % present value No OAK MEADOWS 400 N VINE ST CHARLESTON AR No Acquisition and Rehab Both 30% and 70% No PRESCOTT SCATTERED 654 HATLEY ST PRESCOTT AR No New Construction % present value No REYNO ELDERLY APTS 1 HICKORY ST REYNO AR No New Construction % present value No SOUTH MAIN STREET APTS 1917 MAIN ST LITTLE ROCK AR Yes Acquisition and Rehab 45 Both 30% and 70% No VALLEY DRIVE APTS 5921 VALLEY DR LITTLE ROCK AR Yes Acquisition and Rehab Both 30% and 70% No HERITAGE HEIGHTS COTTAGES 1255 W TULSA ST SILOAM SPRINGS AR Yes Acquisition and Rehab Both 30% and 70% No HERITAGE HEIGHTS LODGE 1225 W TULSA ST SILOAM SPRINGS AR Yes Acquisition and Rehab Both 30% and 70% No KENWOOD VILLAGE 2425 E KENWOOD ST SILOAM SPRINGS AR Yes Acquisition and Rehab Both 30% and 70% No LINCOLN TERRACE 803 E PRIDEMORE DR LINCOLN AR No New Construction % present value No MOBERLY PLACE PH.II 1702 SE MOBERLY MNR BENTONVILLE AR No New Construction % present value No MOBERLY PLACE PHASE I 1702 SE MOBERLY MNR BENTONVILLE AR No New Construction % present value No THE FAIRWAYS AT MARION 425 BIRDIE DR MARION AR No New Construction % present value No BLYTHEVILLE SENIOR CITIZENS APARTMENTS 1106 DAVID LN BLYTHEVILLE AR No New Construction % present value No BRISTOL PARK APARTMENTS MARA LYNN RD LITTLE ROCK AR No New Construction % present value Yes CHESTNUT APARTMENTS 629 HICKY RD W MARIANNA AR No New Construction % present value No CLUB MANOR 1016 COUNTRY CLUB RD ARKADELPHIA AR No New Construction % present value No DUMAS SCATTERED SITES 409 MCKENNON ST DUMAS AR No New Construction % present value No FAIRWAYS AT MARION II 419 BIRDIE DR MARION AR No New Construction % present value No HELENA SCATTERED SITES 202 FRANKLIN ST HELENA AR No New Construction % present value No

5 Placed HUGHES TOWERS LTD 1003 BLACKWOOD HUGHES AR No New Construction % present value No MADISON HEIGHTS 4704 W 13TH ST LITTLE ROCK AR No New Construction % present value No NORTHGATE APARTMENTS 305 ROYA LN BRYANT AR No New Construction % present value No PARK CREST APARTMENTS 100 MANSON RD SHERWOOD AR No New Construction % present value Yes RIDGECREST APARTMENTS 724 S 10TH ST ARKADELPHIA AR No New Construction % present value No RIVERVIEW APARTMENTS 105 TWIN OAKS DR TUCKERMAN AR No New Construction % present value No TRINITY COURT PLACE APARTMENTS 2000 MAIN ST LITTLE ROCK AR Yes Acquisition and Rehab % present value No WRIGHTSVILLE MANOR HIGHWAY 365 S LITTLE ROCK AR Yes New Construction % present value No BALD KNOB APARTMENTS 1490 HIGHWAY 258 BALD KNOB AR Yes New Construction % present value No MAPLE CHURCH SENIOR CITIZENS APARTMENTS 1602 SENIOR PARKWAY DR HARRISON AR No New Construction % present value No MOUNTAIN STATION APARTMENTS 1749 GLENBRIAR DR MOUNTAIN HOME AR No New Construction % present value No TIMBERWOOD APARTMENTS 207 S HOSPITAL DR JACKSONVILLE AR No New Construction % present value No ARBOR PLACE APARTMENTS 4811 ARBOR PLACE CIR LITTLE ROCK AR Acquisition and Rehab % present value Yes BRADFORD APARTMENTS 411 DENSON ST BRADFORD AR Yes Acquisition and Rehab % present value No BRIARWOOD I APARTMENTS 210 HAZEL ST MARSHALL AR Acquisition and Rehab % present value No CABOT APARTMENTS 38 SHANE DR CABOT AR No New Construction % present value No CHAPEL RIDGE OF EL DORADO 301 MOOREWOOD ST EL DORADO AR No New Construction % present value No CHAPEL RIDGE OF FORREST CITY 1085 HOLIDAY DR FORREST CITY AR No New Construction % present value No CHAPEL RIDGE OF JACKSONVILLE 950 MILITARY RD JACKSONVILLE AR No New Construction % present value Yes COVE CREEK SENIOR CITIZEN APARTMENTS 803 OAK ST LESLIE AR Yes Acquisition and Rehab % present value No DELTA ACRES APARTMENTS 600 N 7TH ST CLARENDON AR No New Construction % present value No EASTSIDE LOFTS 1401 SCOTT ST LITTLE ROCK AR Yes Acquisition and Rehab % present value No GARDEN WALK OF OZARK 1951 W COMMERCIAL ST OZARK AR New Construction % present value No HOMES AT GRANITE MOUNTAIN 6 HARRIS CIR LITTLE ROCK AR New Construction % present value No KENMONT APARTMENTS 1900 N STATE ST NEWPORT AR No Acquisition and Rehab % present value No MADISON HEIGHTS 1401 MADISON ST LITTLE ROCK AR No New Construction % present value No MARIANNA MANOR APARTMENTS 360 CALIFORNIA ST MARIANNA AR No Acquisition and Rehab % present value Yes MILLER CROSSINGS 1604 E 50TH ST TEXARKANA AR New Construction % present value No OAK GROVE APARTMENTS 417 OAKGROVE DR MC GEHEE AR No Acquisition and Rehab % present value No OMAHA APARTMENTS, BUILDINGS A & B HIGHWAY 14 W OMAHA AR Yes New Construction % present value No PARKVIEW SENIOR CITIZENS APARTMENTS 206 W SOUTH ST CAVE CITY AR Yes Acquisition and Rehab % present value No PARKWOOD SENIOR APARTMENTS 200 PARKWOOD LN BENTONVILLE AR Yes New Construction % present value No ROSLAND APARTMENTS 818 N DAVIS ST MANILA AR No New Construction % present value No SENIOR RESIDENCES OF JACKSONVILLE 818 E MARTIN ST JACKSONVILLE AR Not Indicated 70 % present value SENIOR RESIDENCES OF WEST MEMPHIS 302 W JACKSON AVE WEST MEMPHIS AR New Construction % present value No THE COTTAGES OF OTTER CREEK 1 QUAIL RUN CIR LITTLE ROCK AR No New Construction % present value No THE PINES APARTMENTS 5813 BASELINE RD LITTLE ROCK AR No Acquisition and Rehab % present value Yes VALLEY VIEW SENIOR CITIZENS APARTMENTS 501 WEST MOUNTAIN JASPER AR Yes Acquisition and Rehab % present value No ARGENTA SQUARE 615 MAPLE ST NORTH LITTLE ROCKAR Yes New Construction % present value No ARRINGTON HEIGHTS 6301 CAMP ROBINSON RD NORTH LITTLE ROCKAR No Acquisition and Rehab % present value Yes BIRCHWOOD APARTMENTS 2793 SPRUCE ST LEWISVILLE AR Yes New Construction % present value No BROADWAY APARTMENTS 612 E BROADWAY GLENWOOD AR No Acquisition and Rehab % present value No BROOKSTONE PARK 331 S SKAGGS RD CLARKSVILLE AR No New Construction % present value No CHAPELRIDGE OF CABOT 300 CHAPELRIDGE DR CABOT AR No New Construction % present value Yes CHAPELRIDGE OF CONWAY 401 2ND ST CONWAY AR No New Construction % present value Yes COLT SENIOR CITIZENS APARTMENTS 449 OLD MILITARY RD E COLT AR No New Construction % present value No DELTA DREAM SCATTERED SITES 106 HERNANDO WEST HELENA AR No New Construction % present value No FAMILIES FIRST E POLK AVE WEST MEMPHIS AR No New Construction % present value No FAMILIES FIRST E POLK AVE WEST MEMPHIS AR No New Construction % present value No GASSVILLE GARDENS 126 HIGHWAY 126 N GASSVILLE AR No New Construction % present value No KEN DEL PARK APARTMENTS 202 SE 4TH ST ATKINS AR No New Construction % present value No KENWOOD VILLAGE II 2503 E KENWOOD ST SILOAM SPRINGS AR Yes New Construction % present value No

6 Placed MADISON HEIGHTS II 1301 MADISON ST LITTLE ROCK AR No New Construction % present value No MONTICELLO ESTATES 233 W COLLEGE AVE MONTICELLO AR No New Construction % present value No OAKWOOD MANOR/PEBBLE CREEK 6510 MABELVALE CUT OFF LITTLE ROCK AR No Acquisition and Rehab % present value Yes OSAGE TERRACE ASSISTED LIVING 3410 SE L ST BENTONVILLE AR No New Construction % present value No PARK PLAZA III 3950 E SERVICE RD WEST MEMPHIS AR No New Construction % present value No PARK RIDGE/ CHAPELRIDGE OF MONTICELLO 141 MARKET ST MONTICELLO AR No New Construction % present value No PARK WEST SENIOR CITIZENS APARTMENTS 559 EMBASSY PKWY MOUNTAIN HOME AR No New Construction % present value No PARKVIEW MANOR SENIOR CITIZENS 206 W SOUTH ST CAVE CITY AR Yes Acquisition and Rehab Both 30% and 70% No SPRINGDALE SENIOR CREEK/MILL CREEK 126 RHODES AVE SPRINGDALE AR No New Construction % present value No TAR PAS APARTMENTS 621 N WILLIAMS ST CARLISLE AR No New Construction % present value No TIMBER RIDGE MANOR APARTMENTS 512 S ARKANSAS AVE DIERKS AR No New Construction % present value No VILLAGE OAKS 1004 BYRUM RD BLYTHEVILLE AR No New Construction % present value No WEDINGTON PLACE SENIOR CITIZENS APARTMENTS 3130 TELLURIDE DR FAYETTEVILLE AR No New Construction % present value No WILMINGTON APARTMENTS 617 DONOVAN BRILEY BLVD NORTH LITTLE ROCKAR No New Construction % present value Yes ALCOTT MANOR APARTMENTS 7923 HIGHWAY 70 W PALESTINE AR Yes New Construction % present value No BRIARWOOD APARTMENTS 3400 DUKE AVE FORT SMITH AR No Acquisition and Rehab % present value No CALICO TERRACE 200 HIGHLAND ST CALICO ROCK AR Yes Acquisition and Rehab % present value No CHAPEL RIDGE OF BENTON 6101 ALCOA RD BENTON AR No New Construction % present value Yes CHAPEL RIDGE OF FORREST CITY II 1075 HOLIDAY DR FORREST CITY AR No New Construction % present value No CHAPEL RIDGE OF JACKSONVILLE II 1401 STANPHIL RD JACKSONVILLE AR No New Construction % present value Yes COLONIAL PARK/THE PARK AT WHISPERING PINES 605 1ST AVE CONWAY AR No New Construction % present value No COTTONWOOD HEIGHTS APARTMENTS 825 COTTONWOOD RD HARRISON AR Yes Acquisition and Rehab Both 30% and 70% No LOWELL SENIOR CITIZEN APARTMENTS 303 ROBINSON AVE LOWELL AR No New Construction % present value No NORFORK VILLAS HIGHWAY 5 S NORFORK AR No New Construction % present value No OAK GROVE APARTMENTS 300 KEN DR OSCEOLA AR No Acquisition and Rehab % present value No OAK GROVE COMMONS 1620 MIDDLE RD CONWAY AR No New Construction % present value Yes PARK WEST APARTMENTS 567 EMBASSY PKWY MOUNTAIN HOME AR No New Construction % present value No RIVERDALE APARTMENTS 2000 REBSAMEN PARK RD LITTLE ROCK AR No Acquisition and Rehab % present value Yes ROBINSON APARTMENTS 301 ROBINSON AVE LOWELL AR No New Construction % present value No SUMMERTREE & VALLEY VIEW APARTMENTS 5300 SUMMERTREE DR N LITTLE ROCK AR No Acquisition and Rehab % present value Yes THE RIDGE AT LAKE HAMILTON 329 AMITY RD HOT SPRINGS AR No New Construction % present value No WESTLAND HEIGHTS APARTMENTS MESA DR LITTLE ROCK AR No Acquisition and Rehab % present value Yes BIG CEDAR APARTMENTS 315 N INDUSTRIAL PARK RD HARRISON AR No Acquisition and Rehab Both 30% and 70% No BROOKSTONE PARK OF EL DORADO 680 BROOKSTONE DR EL DORADO AR No New Construction % present value No CHAPELRIDGE OF BETHEL HEIGHTS 5325 N OAK ST BETHEL HEIGHTS AR No New Construction % present value Yes CHAPELRIDGE OF LITTLE ROCK PHASE II 9400 STAGECOACH RD LITTLE ROCK AR No New Construction % present value Yes CHAPELRIDGE OF TEXARKANA II 4716 COUNTY AVE TEXARKANA AR No New Construction % present value No CHICOT LAKE APARTMENTS 920 MULBERRY ST LAKE VILLAGE AR No Acquisition and Rehab % present value No MEADOWBROOK PARK 716 MEADOWBROOK WAY MARIANNA AR Yes New Construction % present value No MOUNTAIN STATION II APARTMENTS 1749 GLENBRIAR DR MOUNTAIN HOME AR No New Construction % present value No OLD LAKESHORE APARTMENTS 201 N LAKESHORE DR LAKE VILLAGE AR No Acquisition and Rehab % present value No PROMENADE APARTMENTS 550 E 4TH ST MOUNTAIN HOME AR No Acquisition and Rehab Both 30% and 70% No RIDGE AT MAGNOLIA 1640 E MAIN ST MAGNOLIA AR No New Construction % present value No RIDGE AT TEXARKANA 701 N OATS ST TEXARKANA AR No New Construction % present value No THE OLD OAKS APARTMENTS 7700 CHICOT RD LITTLE ROCK AR No Acquisition and Rehab % present value Yes WEST VIEW APARTMENTS 101 W VIEW DR BERRYVILLE AR Yes New Construction % present value No CEDAR PARK APTS 111 DAYBREAK DR JONESBORO AR No New Construction % present value No CHAPELRIDGE OF NORTH LITTLE ROCK 5900 MCCAIN PARK PL NORTH LITTLE ROCKAR No New Construction % present value Yes CHAPELRIDGE OF SHERWOOD BROCKINGTON RD SHERWOOD AR No New Construction % present value Yes COTTER SENIOR CITIZENS APTS 262 N SECTION LINE RD COTTER AR No New Construction % present value No COTTONWOOD TOWNHOMES 1035 DAWSON RD FORREST CITY AR No Acquisition and Rehab % present value No CURIA CREEK APTS PHASE II 352 CURIA CREEK LN CAVE CITY AR No New Construction % present value No

7 Placed DONAGHEY COURT APTS 801 S GERMAN LN CONWAY AR Yes New Construction % present value No EASTWOOD APTS 603 HIGHWAY 63 N HAZEN AR No Both New Construction an % present value No HILLVIEW VILLAGE APTS 2540 W PERSHING BLVD NORTH LITTLE ROCKAR No New Construction % present value No HOT SPRINGS HIGH SCHOOL LOFTS 125 OAK ST HOT SPRINGS AR Yes New Construction % present value No HUGHES MEADOWS 111 MAPLE ST HUGHES AR No New Construction % present value No JENNING MILLS APTS 615 S COLLEGE AVE FAYETTEVILLE AR No New Construction % present value No MADISON HEIGHTS PHASE III 1407 MADISON ST LITTLE ROCK AR Yes New Construction % present value No NANTUCKET APTS III 663 E CHESAPEAKE WAY FAYETTEVILLE AR No New Construction % present value No NORTHVIEW APTS 101 CLAYTON DR DUMAS AR No Acquisition and Rehab Both 30% and 70% No PEAKS AT PINE BLUFF 4601 MAIN ST PINE BLUFF AR No New Construction % present value No PINE GROVE APTS 500 KNOSS AVE STAR CITY AR No Acquisition and Rehab Both 30% and 70% No RIDGE AT JONESBORO 1001 N PATRICK ST JONESBORO AR No New Construction % present value No RIDGE AT NORTH LITTLE ROCK 900 W SCENIC DR NORTH LITTLE ROCKAR No New Construction % present value No RIDGE AT SEARCY 2001 QUALITY DR SEARCY AR No New Construction % present value No RIDGE AT WEST MEMPHIS 210 W JACKSON AVE WEST MEMPHIS AR No New Construction % present value No SAINT ANTHONY'S SENIOR LIVING APTS 202 GREEN ST MORRILTON AR Yes Acquisition and Rehab % present value No SHERIDAN HEIGHTS APTS 601 S EAGLE ST SHERIDAN AR No New Construction % present value No STONEWOOD APTS 3600 SPRINGER BLVD LITTLE ROCK AR Yes New Construction % present value No FULTON SQUARE APARTMENTS 801 MACK ST HOPE AR No 2004 $ 91, Acquisition and Rehab % AMGI 30 % present value No ARBOR POINTE APARTMENTS 600 N OATS ST TEXARKANA AR No 2004 $ 325, New Construction % AMGI 70 % present value No BUHRMAN PHARR LOFTS 212 LAUREL ST TEXARKANA AR Yes 2005 $ 324, Acquisition and Rehab % AMGI 70 % present value No EASTVIEW TERRACE APARTMENTS 1200 GEYER ST LITTLE ROCK AR No 2005 $ 362, Acquisition and Rehab % AMGI Both 30% and 70% No FAIR OAKS APARTMENTS 9600 W 36TH ST LITTLE ROCK AR No 2005 $ 324, Acquisition and Rehab % AMGI Both 30% and 70% No FOXFIRE APARTMENTS 11 FOXFIRE DR ASH FLAT AR No 2005 $ 57, Acquisition and Rehab % AMGI Both 30% and 70% No LEAWOOD APARTMENTS 802 N BEECH ST BEEBE AR No 2005 $ 76, New Construction % AMGI 30 % present value No MERRIWOOD APARTMENTS 1002 MORNING GLORY DR BULL SHOALS AR No 2004 $ 129, Acquisition and Rehab % AMGI Both 30% and 70% No OUACHITA VILLAGE APARTMENTS 11 CYPRESS RD ARKADELPHIA AR Yes 2004 $ 154, Acquisition and Rehab % AMGI Both 30% and 70% No OUR WAY APARTMENTS W 36TH ST LITTLE ROCK AR Yes 2005 $ 400, Acquisition and Rehab % AMGI Both 30% and 70% No RICHWOOD APARTMENTS 10 TENANTS CV ASH FLAT AR Yes 2005 $ 105, Acquisition and Rehab % AMGI Both 30% and 70% No RIDGE AT FORT SMITH, THE 4200 N 6TH ST FORT SMITH AR No 2005 $ 400, New Construction % AMGI 30 % present value No RIDGE AT WEST MEMPHIS II, THE 218 W JACKSON AVE WEST MEMPHIS AR No 2005 $ 425, New Construction % AMGI 70 % present value No SUMMERHILL APARTMENTS III 605 LINCOLN ST GASSVILLE AR No 2004 $ 91, New Construction % AMGI 70 % present value No TURRELL MEADOWS APARTMENTS 165 UPSHAW ST TURRELL AR Yes 2005 $ 56, New Construction % AMGI 30 % present value No VICTORIA WOODS 100 VICTORIAN WOODS BLVD EUREKA SPRINGS AR No 2005 $ 72, Acquisition and Rehab % AMGI Both 30% and 70% No VILLAS OF WEST MEMPHIS, THE 141 W JACKSON AVE WEST MEMPHIS AR No 2005 $ 425, New Construction % AMGI 70 % present value No WHITAKER MANOR APARTMENTS 119 HADLEY DR MADISON AR No 2005 $ 97, Acquisition and Rehab % AMGI 30 % present value No HICKORY SQUARE 1468 E 10TH EXT STUTTGART AR No 2004 $ 107, Acquisition and Rehab % AMGI 30 % present value No KEISER APARTMENTS 305 W MILL ST KEISER AR No 2005 $ 41, New Construction % AMGI 30 % present value No PARK RIDGE AT CONWAY 1960 RICH SMITH LN CONWAY AR No 2004 $ 300, New Construction % AMGI 70 % present value No AUTUMN VILLAGE 1401 DAWSON DR HARRISON AR No 2006 $ 193, Acquisition and Rehab % AMGI Both 30% and 70% No DERMOTT TERRACE 208 W ASH ST DERMOTT AR No 2006 $ 130, Acquisition and Rehab % AMGI 30 % present value No EAST VIEW APTS 201 SCENIC ST GREEN FOREST AR Yes 2006 $ 158, New Construction % AMGI 70 % present value No GARLAND TOWERS APTS 126 ORIOLE ST HOT SPRINGS AR Yes 2005 $ 400, Acquisition and Rehab % AMGI 70 % present value No KEYSTONE APTS 777 HIGHWAY 201 N MOUNTAIN HOME AR No 2005 $ 183, Acquisition and Rehab % AMGI Both 30% and 70% No NANTUCKET III APTS 510 E WHITEFISH BAY PL FAYETTEVILLE AR No 2005 $ 307, New Construction % AMGI 70 % present value No NORTH POINTE APTS 3300 N 6TH ST FORT SMITH AR No 2006 $ 400, Acquisition and Rehab % AMGI 70 % present value No THE RIDGE AT JONESBORO PHASE II 1001 N PATRICK ST JONESBORO AR No 2006 $ 400, New Construction % AMGI 70 % present value No THE VILLAGE AT SCULL CREEK 2619 N QUALITY LN FAYETTEVILLE AR Yes 2005 $ 400, New Construction % AMGI 70 % present value No THE VILLAS OF JONESBORO 979 N PATRICK ST JONESBORO AR No 2006 $ 400, New Construction % AMGI 70 % present value No WESTHAVEN APTS 300 KEN DR OSCEOLA AR No 2006 $ 158, New Construction % AMGI 70 % present value No MOUNTAIN VIEW APARTMENTS 300 KALAMAZOO RD PARIS AR No 2007 $ 135, Acquisition and Rehab % AMGI Both 30% and 70% No ARRINGTON APARTMENTS II 6301 CAMP ROBINSON RD NORTH LITTLE ROCKAR No 2006 $ 212, New Construction % AMGI 70 % present value Yes AUGUSTA SQUARE APARTMENTS 1225 SPRUCE ST AUGUSTA AR No 2007 $ 128, Acquisition and Rehab % AMGI Both 30% and 70% No AUXORA ARMS APARTMENTS 9101 AUXOR RD LITTLE ROCK AR No 2007 $ 312, Both New Construction an % AMGI Both 30% and 70% No

8 Placed BROADWAY TERRACE 189 ELIZABETH LN WEST MEMPHIS AR No 2006 $ 262, New Construction % AMGI 70 % present value No EUDORA TERRACE 234 LYNN ST EUDORA AR No 2007 $ 14, Acquisition and Rehab % AMGI 30 % present value No KENSETT APARTMENTS 600 DONIPHAN ST KENSETT AR Yes 2006 $ 119, Acquisition and Rehab % AMGI 30 % present value No LINDENWOOD APARTMENTS 1220 LAKE VIEW EST ALMA AR No 1991 $ 132, Acquisition and Rehab % AMGI Both 30% and 70% No PARK RIDGE AT TEXARKANA 600 PRICE LN TEXARKANA AR No 2007 $ 400, New Construction % AMGI 70 % present value No PARK WEST VILLAGE 810 EMBASSY PKWY MOUNTAIN HOME AR No 2006 $ 400, New Construction % AMGI 70 % present value No RIDGE AT SEARCY II 2001 QUALITY DR SEARCY AR No 2007 $ 400, New Construction % AMGI 70 % present value No ROCK CREEK APARTMENTS 3020 N 50TH ST FORT SMITH AR $ 400, New Construction % AMGI 70 % present value Yes THE PEAKS 431 LAKE HAMILTON DR HOT SPRINGS AR No 2006 $ 400, New Construction % AMGI 70 % present value No TIMBER RIDGE APARTMENTS 412 N 4TH ST DE QUEEN AR No 2006 $ 131, Acquisition and Rehab % AMGI 30 % present value No MOUNTAIN LODGE APARTMENTS 211 KING AVE MOUNTAIN VIEW AR No 2007 $ 147, Acquisition and Rehab % AMGI Both 30% and 70% No CASCADES AT SPRING STREET 1510 SPRING ST HOT SPRINGS AR Yes 2007 $ 400, New Construction % AMGI 70 % present value No CENTNNIAL APARTMENTS 200 DAN GILL DR DUMAS AR No 2007 $ 137, Acquisition and Rehab % AMGI Both 30% and 70% No COTTONWOOD APARTMENTS 603 NE CAROLINA ST WALNUT RIDGE AR Yes 2007 $ 157, Acquisition and Rehab % AMGI Both 30% and 70% No LEGACY VILLAGE 1305 NE LEGACY PKWY BENTONVILLE AR Yes 2006 $ 237, New Construction % AMGI 70 % present value No RIVER BEND APARTMENTS 600 W COURT ST JASPER AR No 1990 $ 208, Acquisition and Rehab % AMGI Both 30% and 70% No ST. JOHNS APARTMENTS 5001 W 65TH ST LITTLE ROCK AR No 2009 $ 313, Acquisition and Rehab % AMGI 30 % present value Yes STONE RIDGE AT CONWAY 1985 RICH SMITH LN CONWAY AR No 2007 $ 400, New Construction % AMGI 70 % present value No VALLEY ESTATES OF CLARKSVILLE 1620 DUNWOOD DR CLARKSVILLE AR No 2007 $ 400, New Construction % AMGI 70 % present value No VALLEY HEIGHTS APARTMENTS II 6900 CANTRELL RD LITTLE ROCK AR No 2007 $ 278, New Construction % AMGI 30 % present value Yes VILLAGE PARK SOUTH I 2225 EAST ST TEXARKANA AR No 2008 $ 355, Acquisition and Rehab % AMGI 30 % present value No VILLAGE PARK SOUTH II 2225 EAST ST TEXARKANA AR No 2008 $ 342, Acquisition and Rehab % AMGI 30 % present value No $ 14,329,281