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1

Ceiling Credit Percentage Accessible Housing Group Homes 1100 S Blaine Ave Sioux Falls SD 57103 Yes 2009 $ 151,396 2009 New Construction 34 34 60% AMGI 70 % present value No Aft Properties 422 N Spring Ave Sioux Falls SD 57104 1988 1988 Acquisition And Rehab 10 10 Not Indicated No Apple Creek 2900 Douglas Ave Yankton SD 57078 No 2008 $ 398,919 2008 New Construction 43 43 60% AMGI 70 % present value No Arbordale Apartments 2311 Flag Mountain Dr Pierre SD 57501 Yes 2006 $ 95,531 2007 Acquisition And Rehab 24 24 60% AMGI Both 30% and 70% No Arrow Ridge Townhomes 1716 S Mulberry Ave Brandon SD 57005 No 2004 2005 New Construction 35 35 70 % present value No Ashbury Apartments 4700 E 6th St Sioux Falls SD 57110 1991 1992 New Construction 48 48 Not Indicated No Axtell Apartments 300 N Western Ave Sioux Falls SD 57104 No 1993 1995 New Construction 42 42 70 % present value No Baker Apartments 617 Cardinal Dr Box Elder SD 57719 1988 1988 Existing 8 7 Not Indicated No Barker Hill Homes 12440 3rd St Sisseton SD 57262 No 2009 $ 272,044 2010 New Construction 21 21 60% AMGI 70 % present value No Bergeland Apartments 2412 W 46th St Sioux Falls SD 57105 Yes 1999 2000 New Construction 44 44 70 % present value No Bevson's Apartments 929 S Blaine Ave Sioux Falls SD 57103 1989 1989 Existing 14 14 Not Indicated No Bicentennial Apartments 1200 S Lawson St Aberdeen SD 57401 1989 1989 Existing 48 48 Not Indicated No Big Stone Apartments 656 Walnut St Big Stone City SD 57216 1994 1994 Acquisition And Rehab 8 8 Not Indicated No Birchwood Apartments 1900 Kennedy Dr Pierre SD 57501 1988 1989 New Construction 24 24 Not Indicated No Black Hills Housing, Inc. 24 Dunlap Ave Deadwood SD 57732 1989 1991 New Construction 30 29 Not Indicated No Bluffs Edge Apartments 2630 Cottontail Dr Sturgis SD 57785 1992 1994 New Construction 24 24 Not Indicated No Boulevard Manor 906 Explorer St Rapid City SD 57701 1989 1989 Existing 48 48 Not Indicated No Brennan Hills Townhomes 4508 E Brennan Dr Sioux Falls SD 57110 No 2001 2002 New Construction 62 61 70 % present value No Briar Creek Townhomes 1830 Westminster Ave Watertown SD 57201 Yes 2008 $ 144,046 2008 New Construction 16 16 60% AMGI 70 % present value No Bristol Court Apts 4801 E 54th St Sioux Falls SD 57110 No 2009 $ 564,046 2010 New Construction 60 59 60% AMGI 70 % present value No Carlyle Apartments 1901 3rd Ave Se Aberdeen SD 57401 Yes 2000 2001 New Construction 42 42 70 % present value No Cathedral Heights 720 W 5th St Sioux Falls SD 57104 Yes 2006 $ 120,832 2006 New Construction 31 18 60% AMGI 70 % present value No Cathedral Square Apartments 501 N Davison St Mitchell SD 57301 No 2005 $ 252,934 2007 Acquisition And Rehab 80 80 60% AMGI Both 30% and 70% No Chestnut Apartments 201 N Douglas St Howard SD 57349 1990 1991 New Construction 24 24 Not Indicated No Churchill Apartments & Townhomes 215 Kinney Ave Rapid City SD 57702 No 2002 2003 Acquisition And Rehab 50 50 Both 30% and 70% No Citi-crestview Apartments 4300 E 18th St Sioux Falls SD 57103 1989 1990 New Construction 54 54 Not Indicated No Citi-westport Apartments 3205 W 43rd St Sioux Falls SD 57106 1989 1990 New Construction 72 72 Not Indicated No Collins Apartments 417 W 4th St Sioux Falls SD 57104 1988 1988 Acquisition And Rehab 2 2 Not Indicated No Colonial Apartments 325 E Kemp Watertown SD 57201 1991 1992 New Construction 24 24 Not Indicated No Colonial Square Apartments 802 E 13th St Yankton SD 57078 1988 1988 Existing 42 36 Not Indicated No Cornell Apartments 1800 Westminster Ave Watertown SD 57201 1992 1992 New Construction 24 24 Not Indicated No Cornell Ii Apartments 1800 Westminster Ave Watertown SD 57201 1993 1994 New Construction 24 24 Not Indicated No Cornerstone Apartments 1220 East Blvd Rapid City SD 57701 Yes 2006 $ 164,913 2008 New Construction 24 24 60% AMGI 70 % present value No Country Meadows 6200 W 43rd St Sioux Falls SD 57106 1990 1992 New Construction 20 20 Not Indicated No Country Meadows Ii 6200 W 43rd St Sioux Falls SD 57106 1991 1992 New Construction 20 20 Not Indicated No Country Meadows Iii 6200 W 43rd St Sioux Falls SD 57106 1991 1992 New Construction 6 6 Not Indicated No Country Meadows Iv 6100 W 43rd St Sioux Falls SD 57106 1991 1993 New Construction 29 29 Not Indicated No Country Village 6200 W 43rd St Sioux Falls SD 57106 1990 1991 New Construction 24 24 Not Indicated No Court Yard Apartments 1225 Minnesota Ave Sw Huron SD 57350 No 1993 1995 New Construction 21 19 30 % present value No Courtyard Apartments 1225 Minnesota Ave Sw Huron SD 57350 1990 1991 New Construction 21 18 Not Indicated No Crooks Apartments 404 N West Ave Crooks SD 57020 1989 1991 Acquisition And Rehab 8 8 Not Indicated No Cumberland Apartments 3500 N 4th Ave Sioux Falls SD 57104 1992 1993 New Construction 42 42 Not Indicated No Cumberland Ii 3520 N 4th Ave Sioux Falls SD 57104 No 1994 1995 New Construction 20 20 70 % present value No Dakota View Apartments 497 Memorial Dr Wagner SD 57380 No 2000 2001 Acquisition And Rehab 26 26 30 % present value No Deer Hollow 701 Ruud Ln Hartford SD 57033 No 2008 $ 214,670 2008 New Construction 24 24 60% AMGI 70 % present value No Deer Hollow Ii 817 Ruud Ln Hartford SD 57033 No 2010 $ 366,372 2011 New Construction 32 32 60% AMGI 70 % present value No Drexel Place Apartments 500 Spruce St Harrisburg SD 57032 No 2011 $ 489,580 2011 New Construction 48 43 60% AMGI 70 % present value No Driftwood Estates 408 E Fairlane Dr Rapid City SD 57701 1989 1989 Existing 60 60 Not Indicated No Driftwood Estates 408 E Fairlane Dr Rapid City SD 57701 Yes 2005 $ 284,094 2006 Acquisition And Rehab 59 59 60% AMGI Both 30% and 70% No Duluth Apartments 2600 S Duluth Ave Sioux Falls SD 57105 1989 1989 Acquisition And Rehab 10 10 Not Indicated No Duluth Ii (sycamore Apartments 16th & Sycamore Sioux Falls SD 1990 1992 New Construction 48 48 Not Indicated No Eagle Ridge 205 Stumer Rd Rapid City SD 57701 No 2007 $ 674,883 2007 New Construction 96 96 60% AMGI 70 % present value No Eagle Ridge Ii 265 Stumer Rd Rapid City SD 57701 No 2010 $ 593,940 2011 New Construction 60 60 60% AMGI 70 % present value No East Woods 1705 E 1st Ave Mitchell SD 57301 No 2001 2002 New Construction 45 44 70 % present value No 2

Ceiling Credit Percentage Edgewood Estates 820 Henderson Dr Rapid City SD 57701 No 2005 $ 328,221 2007 New Construction 48 48 60% AMGI 70 % present value No Elm Creek Apartments 2301 Flag Mountain Dr Pierre SD 57501 1993 1994 New Construction 24 24 Not Indicated No Elms Apartments 503 E Poplar Dr Canton SD 57013 1988 1988 Existing 24 23 Not Indicated No Elmwood Estates 601 N Elmwood Ave Sioux Falls SD 57104 No 2000 2002 Acquisition And Rehab 98 97 Both 30% and 70% No Estes Park 1200 Estes Park Ct Rapid City SD 57701 No 1999 1999 New Construction 39 39 30 % present value Yes Evergreen Apartments 500 Main Street Eagle Butte SD 57625 No 1995 1995 New Construction 25 25 30 % present value No Falls Park 3609 N Career Ave Sioux Falls SD 57107 No 2007 $ 654,336 2008 New Construction 74 74 60% AMGI 70 % present value No Falls Terrace Apts 1209 S Majestic View Pl Sioux Falls SD 57103 No 2006 $ 449,951 2006 New Construction 62 62 60% AMGI 70 % present value No Falls View 301 W 2nd St Sioux Falls SD 57104 No 2005 $ 114,123 2006 Acquisition And Rehab 47 47 60% AMGI Both 30% and 70% No Foothills East Apartments 302 Parker Dr Box Elder SD 57719 No 2008 $ 242,655 2007 Acquisition And Rehab 72 71 60% AMGI Both 30% and 70% No Fountain Springs Senior Apartments 1900 Harmony Heights Ln Rapid City SD 57702 No 1996 1997 New Construction 50 50 70 % present value No Foxcroft Apartments 101 W Broad Ave Flandreau SD 57028 No 1996 1997 New Construction 24 24 30 % present value No Foxcroft Ii 601 S Center St Flandreau SD 57028 No 1998 1999 New Construction 8 8 30 % present value No Garfield Apartments 701 S Western Ave Sioux Falls SD 57104 1992 1993 Acquisition And Rehab 26 13 Not Indicated No Gateway Apts 3511 S Gateway Blvd Sioux Falls SD 57106 No 1996 1998 New Construction 47 46 70 % present value No Gatewood Apartments 605 Streeter Dr North Sioux City SD 57049 No 1994 1996 New Construction 24 24 70 % present value No Gatewood Apartments Ii 143 Bruneau Dr North Sioux City SD 57049 No 1995 1997 New Construction 32 32 70 % present value No Gillmore Apartments 422 Williams St Deadwood SD 57732 1991 1992 Acquisition And Rehab 14 14 Not Indicated No Golden Manor 620 N 11th St Spearfish SD 57783 No 2003 2004 Acquisition And Rehab 22 22 70 % present value No Grandview Apartments + Townhomes 1011 W 8th Ave Mitchell SD 57301 No 2009 $ 186,408 2009 Acquisition And Rehab 34 34 60% AMGI Both 30% and 70% No Grant Square Apartments 9404 W Karmya Cir Sioux Falls SD 57106 No 2010 $ 542,190 2010 New Construction 48 48 60% AMGI 70 % present value No Green Briar 410 15th St S Brookings SD 57006 No 1999 2000 New Construction 29 29 70 % present value No Green Meadows Townhomes 1515 N Davison St Mitchell SD 57301 Yes 2001 2003 Acquisition And Rehab 19 19 Both 30% and 70% No Greenridge Apartments 1500 N Kimball St Mitchell SD 57301 No 2005 $ 137,573 2007 Acquisition And Rehab 48 48 60% AMGI Both 30% and 70% No Grinde Apts. 100 N Krohn Pl Sioux Falls SD 57103 No 1993 1995 Acquisition And Rehab 15 15 Not Indicated No Harrisburg Apartments 104 Elm Street Harrisburg SD 57032 1987 1987 Acquisition And Rehab 8 8 Not Indicated No Harvest Point Apartments 511 Se 9th St Madison SD 57042 1994 1994 New Construction 30 30 Not Indicated No Heritage Acres Apartments Phase Iv 2340 East Ave Sturgis SD 57785 Yes 2009 $ 278,826 2010 Not Indicated 32 32 60% AMGI 70 % present value No Heritage Apartments 705 N Lewis Ave Sioux Falls SD 57103 Yes 1999 1999 Acquisition And Rehab 96 96 30 % present value No High Pointe 200 W Highpointe St Tea SD 57064 Yes 2003 2004 New Construction 30 30 70 % present value No High Pointe Townhomes Ii 100 W Highpointe St Tea SD 57064 Yes 2007 $ 242,011 2007 New Construction 30 30 60% AMGI 70 % present value No Hillside Apartments 3310 7th Ave Spearfish SD 57783 1992 1993 New Construction 16 16 Not Indicated No Hillview Apartments 5001 E 26th St Sioux Falls SD 57110 No 1994 1996 New Construction 41 41 70 % present value No Hunter's Gate Townhomes 213 S Cliff Ave Harrisburg SD 57032 No 2003 2004 New Construction 30 30 70 % present value No Hunter's Gate Townhomes Phase Ii 113 S Cliff Ave Harrisburg SD 57032 No 2007 $ 241,411 2007 New Construction 30 29 60% AMGI 70 % present value No Hunter's Run Townhomes 2710 Elk Rd Sturgis SD 57785 No 1997 1998 New Construction 24 24 70 % present value No J&o Apartments 224 4th Ave Se Aberdeen SD 57401 1987 1987 Acquisition And Rehab 23 20 Not Indicated No Jefferson Court 400 11th St Ne Watertown SD 57201 No 2002 2003 Acquisition And Rehab 24 24 Both 30% and 70% No Kneip Duplex 312 8th Ave Brookings SD 57006 1988 1988 Existing 2 2 Not Indicated No Knollwood Heights Apartments 10 Surfwood Dr Rapid City SD 57701 No 2007 $ 365,714 2008 Acquisition And Rehab 82 82 60% AMGI Both 30% and 70% No Kopper Key Apartments 446 W 8th St Burke SD 57523 1987 1987 Existing 8 7 Not Indicated No Lake Port Village Apartments 5801 W Christopher Pl Sioux Falls SD 57106 1990 1991 New Construction 48 48 Not Indicated No Lakeview Terrace 106 S Sanborn St Chamberlain SD 57325 1989 1990 Acquisition And Rehab 36 36 Not Indicated No Lawson View 1315 S High St Aberdeen SD 57401 No 2008 $ 208,025 2008 Acquisition And Rehab 32 32 60% AMGI Both 30% and 70% No Le Chateau Apartments 10 9th Ave Sw Aberdeen SD 57401 1987 1987 Acquisition And Rehab 22 20 Not Indicated No Lincoln Apartments 330 W Prospect Ave Pierre SD 57501 No 1998 1999 New Construction 30 30 70 % present value No Lincoln Ltd. Apartments 330 W Prospect Ave Pierre SD 57501 1992 1993 New Construction 25 24 Not Indicated No Macaurthur Place 5101 S Mac Arthur Ln Sioux Falls SD 57108 1989 1991 New Construction 24 20 Not Indicated No Macaurthur Place 5001 S Mac Arthur Ln Sioux Falls SD 57108 1989 1991 New Construction 48 38 Not Indicated No Majestic View Apartments 1210 S Majestic View Pl Sioux Falls SD 57103 No 1994 1995 New Construction 40 40 70 % present value No Mcc Development Ltd. X 102 Front St Aurora SD 57002 1992 1993 Acquisition And Rehab 30 24 Not Indicated No Mcdonnell Apartments Pugh & 1st Street Martin SD 57551 1990 1990 New Construction 8 7 Not Indicated No Meadowlands 3501 S Marion Rd Sioux Falls SD 57106 No 2000 2001 Acquisition And Rehab 119 119 30 % present value Yes Mel Ros Village 1415 S High St Aberdeen SD 57401 1987 1988 Existing 40 40 Not Indicated No 3

Credit Percentage Memorial Park Apartments 420 Philadelphia St Rapid City SD 57701 No 1997 1998 New Construction 61 61 70 % present value No Memory Lane 901 Memory Ln Yankton SD 57078 1993 1994 New Construction 18 18 Not Indicated No Midwest Limited 1000 Walnut St Yankton SD 57078 1988 1988 Existing 44 40 Not Indicated No Minnesota Estates 801 E Minnesota St Rapid City SD 57701 No 1993 1995 New Construction 48 48 70 % present value No Minnesota Estates Ii 817 E Minnesota St Rapid City SD 57701 No 1995 1996 New Construction 48 48 70 % present value No Monterey Apartments 4509 E Madison St Sioux Falls SD 57110 No 2011 $ 178,709 2011 New Construction 16 16 60% AMGI 70 % present value No Moore & Ritchie Building 100 Sunrise Ridge Rd S Brookings SD 57006 1990 1990 Acquisition And Rehab 8 4 Not Indicated No My Home 4101 W Cayman St Sioux Falls SD 57107 Yes 2005 $ 169,101 2006 New Construction 24 24 60% AMGI 70 % present value No North Cleveland Apartments I 909 N Cleveland Ave Sioux Falls SD 57103 1992 1993 New Construction 24 24 Not Indicated No North Cleveland Apartments Ii 901 N Cleveland Ave Sioux Falls SD 57103 1992 1993 New Construction 24 23 Not Indicated No North Ridge Apartments 500 S Lyons Ave Sioux Falls SD 57106 Yes 1995 1996 New Construction 60 59 70 % present value No Northern Heights 1607 Space Ave Rapid City SD 57701 1989 1989 Existing 48 48 Not Indicated No Northern Heights 912 Explorer St Rapid City SD 57701 Yes 2006 $ 396,378 2006 Acquisition And Rehab 96 96 60% AMGI Both 30% and 70% No Northern Heights 1408 E 71st St N Sioux Falls SD 57104 No 2004 2005 New Construction 50 50 70 % present value No Northern Heights Ii 6300 N Boulder Ave Sioux Falls SD 57104 No 2007 $ 308,705 2007 New Construction 36 36 60% AMGI 70 % present value No Northlake Apartments 580 Dexter Dr North Sioux City SD 57049 No 2009 $ 413,766 2011 New Construction 40 39 60% AMGI 70 % present value No Nour Single Family 900 S West Ave Sioux Falls SD 57104 1989 1989 Acquisition And Rehab 1 1 Not Indicated No Oahe Inc. Apartments 514 S Adams Ave Pierre SD 57501 1989 1989 Existing 8 7 Not Indicated No Old Main 320 N Lawler St Canton SD 57013 1993 1994 Acquisition And Rehab 23 23 Not Indicated No Olde School Apartments 104 N Krohn Pl Sioux Falls SD 57103 Yes 1993 1995 Acquisition And Rehab 27 27 Both 30% and 70% No Parker Apartments 305 Parker Dr Box Elder SD 57719 1989 1989 Existing 8 6 Not Indicated No Parkwood Apartments 1209 Madison St Vermillion SD 57069 No 1999 2000 New Construction 24 24 30 % present value No Pheasant View Apartments 3500 S Sertoma Ave Sioux Falls SD 57106 No 1993 1995 New Construction 40 40 70 % present value No Pine Crest Village 702 Eldene Ln Rapid City SD 57701 No 2004 $ 334,663 2006 New Construction 48 48 60% AMGI 70 % present value No Plaza Apartments 110 S Courtland St Chamberlain SD 57325 1994 1994 New Construction 16 16 Not Indicated No Plum Creek Apartments 1600 1st Ave Ne Watertown SD 57201 1987 1987 New Construction 24 24 Not Indicated No Prairie Village Senior Apt - Phase Ii 4913 E 41st St Sioux Falls SD 57110 No 2009 $ 182,821 2009 New Construction 31 31 60% AMGI 70 % present value No Prairie Village Senior Apts 4907 E 41st St Sioux Falls SD 57110 No 2003 2005 New Construction 48 48 70 % present value No Project Safe Home 320 W 3rd St Sioux Falls SD 57104 Yes 2011 $ 281,491 2011 New Construction 33 33 60% AMGI 70 % present value No Quail Hollow 4600 E 3rd St Sioux Falls SD 57110 No 1998 1999 New Construction 22 22 70 % present value No Rapid Creek Apartments 1100 Anamosa St Rapid City SD 57701 No 2005 $ 542,777 2007 New Construction 54 54 60% AMGI 70 % present value No Redwood Court 1201 E Redwood Blvd Brandon SD 57005 No 2008 $ 278,622 2008 New Construction 32 32 60% AMGI 70 % present value No Redwood Court Ii 1200 E Keystone Pl Brandon SD 57005 No 2010 $ 215,279 2011 New Construction 48 48 60% AMGI 70 % present value No Richmond Apartments 4500 E 3rd St Sioux Falls SD 57110 1992 1993 New Construction 22 22 Not Indicated No Richmond Ii 4601 E 3rd St Sioux Falls SD 57110 1994 1994 New Construction 48 48 Not Indicated No Ridgeview Apartments 2901 E 6th St Sioux Falls SD 57103 1994 1994 New Construction 48 48 Not Indicated No Ridgeview Apartments 311 8th Ave W Sisseton SD 57262 1990 1992 Acquisition And Rehab 8 8 Not Indicated No River Court 24 E Duke St Vermillion SD 57069 1992 1992 New Construction 24 24 Not Indicated No River Run Apartments 701 S Lyons Ave Sioux Falls SD 57106 1993 1994 New Construction 48 48 Not Indicated No Riverview Manor Apartments 120 S Courtland St Chamberlain SD 57325 1989 1989 New Construction 24 21 Not Indicated No Riverwood Apartments 1125 Madison St Vermillion SD 57069 No 1995 1996 New Construction 24 24 30 % present value No Rolling Hills 1804 E 5th St Sioux Falls SD 57103 Yes 1999 1999 Acquisition And Rehab 47 47 30 % present value No Rolling Hills Apartments 34th Street & 7th Avenue Spearfish SD 57783 1993 1994 New Construction 24 24 Not Indicated No Rose Crest Townhomes 3316 W Rambler Pl Sioux Falls SD 57108 No 2002 2003 New Construction 77 77 70 % present value No Scattered Site-buechler 116 E 7th Ave Redfield SD 57469 1992 1993 Acquisition And Rehab 3 3 Not Indicated No Scattered Sites (pray Property 204 W 2nd Ave Flandreau SD 57028 1990 1990 Acquisition And Rehab 6 3 Not Indicated No Sir Charles Apartments 118 E 3rd St Yankton SD 57078 Yes 2009 $ 269,189 2011 Acquisition And Rehab 34 34 60% AMGI Both 30% and 70% No South Brair 423 15th St S Brookings SD 57006 Yes 1998 1999 New Construction 29 29 70 % present value No South Cliff Falls Apartments And Townhomes 800 S Cliff Ave Harrisburg SD 57032 Yes 2005 $ 313,703 2007 New Construction 44 43 60% AMGI 70 % present value No South Creek Village 3004 Outlook Cir Rapid City SD 57701 No 2002 2004 New Construction 80 80 70 % present value No South Main East Prairie Road Eagle Butte SD 57625 Yes 1998 1999 New Construction 20 20 30 % present value No Southridge 1600 E Northstar Ln Sioux Falls SD 57108 Yes 1998 1999 New Construction 59 59 70 % present value No Southview Apts 920 S 34th St Spearfish SD 57783 No 1995 1996 New Construction 24 24 70 % present value No Ceiling 4

Credit Percentage Spearfish Apartments 2301 N 5th St Spearfish SD 57783 1988 1988 New Construction 24 24 Not Indicated No Split Rock 1100 E Teakwood St Brandon SD 57005 Yes 1997 1998 New Construction 32 32 70 % present value No Spring Crest, Ltd. 420 W 19th Ave Mitchell SD 57301 1988 1988 New Construction 12 12 Not Indicated No Spring Hill Apartments 932 S Blaine Ave Sioux Falls SD 57103 Yes 2009 $ 267,661 2008 Acquisition And Rehab 60 60 60% AMGI Both 30% and 70% No Springwood 1405 11th St Ne Watertown SD 57201 No 1996 1997 New Construction 24 24 70 % present value No Spruce Apartments 1900 Kennedy Dr Pierre SD 57501 1991 1992 New Construction 24 24 Not Indicated No Standing Rock Xiv 5141 Hunkpapa Ave Bullhead SD 57621 No 2006 $ 167,140 2008 Acquisition And Rehab 20 20 60% AMGI Both 30% and 70% No Stonebridge Apartments 22 8th Ave Sw Watertown SD 57201 No 2002 2003 Acquisition And Rehab 27 27 Both 30% and 70% No Stoney Creek 7412 W Stoney Creek St Sioux Falls SD 57106 No 2001 2002 New Construction 60 59 70 % present value No Stoney Creek Townhomes Ii 7405 W Stoney Creek St Sioux Falls SD 57106 No 2003 2004 New Construction 36 36 70 % present value No Summer Crest, Ltd. 500 W 19th Ave Mitchell SD 57301 1988 1988 New Construction 12 12 Not Indicated No Sunchase Ii Ltd. 218 21st St Sw Watertown SD 57201 1988 1988 New Construction 41 41 Not Indicated No Sunchase Ltd. 131 Sunrise Ridge Rd Brookings SD 57006 1987 1987 New Construction 41 31 Not Indicated No Sundial Square Apartments I 106 Waterloo St Rapid City SD 57701 1990 1992 New Construction 21 21 Not Indicated No Sundial Square Apartments Ii 102 Waterloo St Rapid City SD 57701 1990 1992 New Construction 42 42 Not Indicated No Sunrise Apartments 2015 Green St Yankton SD 57078 1991 1992 New Construction 33 29 Not Indicated No Sunrise Apartments Ii 2015 Green St Yankton SD 57078 No 1998 1999 New Construction 32 32 70 % present value No Sunrise I Apartments 300 Marge Lane Mission SD 57555 1992 1993 New Construction 44 44 Not Indicated No Sunrise Ii Apartments 301 Marge Lane Mission SD 57555 No 1995 1995 New Construction 24 24 30 % present value No Sunrise Iii Apartments 323 N Marge Ln Mission SD 57555 No 2006 $ 822,998 2007 New Construction 99 99 60% AMGI 70 % present value No Sunshine Park 1524 S Lawson St Aberdeen SD 57401 Yes 2010 $ 401,916 2010 New Construction 28 28 60% AMGI 70 % present value No Sutton Place 3000 Douglas Ave Yankton SD 57078 No 2000 2001 New Construction 29 29 70 % present value No Sutton Place Ii 2904 Douglas Ave Yankton SD 57078 No 2001 2002 New Construction 30 30 70 % present value No Tanglewood 2120 7th Ave Belle Fourche SD 57717 No 1994 1996 New Construction 24 24 30 % present value No Tartan Arms Apartments 628 S 3rd Ave Sioux Falls SD 57104 1987 1987 Acquisition And Rehab 18 18 Not Indicated No Tea Partnership I 400 N Joseph Ave Tea SD 57064 1988 1988 Acquisition And Rehab 8 8 Not Indicated No Tea Partnership Ii 401 N Carla Ave Tea SD 57064 1988 1988 Acquisition And Rehab 8 8 Not Indicated No Tea Partnership Ii 130 N Main Ave Tea SD 57064 1988 1988 Acquisition And Rehab 8 8 Not Indicated No Three Oaks Apts 700 6th Ave S Brookings SD 57006 No 1994 1995 New Construction 24 24 70 % present value No Three Oaks Ii 305 18th St Sw Watertown SD 57201 No 1995 1996 New Construction 24 24 70 % present value No Timberwood, Ltd. 101 E Cedar St Brandon SD 57005 1988 1988 New Construction 8 8 Not Indicated No Town Square Apartments I 505 W Main St Vermillion SD 57069 Yes 2001 2003 Acquisition And Rehab 40 40 Both 30% and 70% No Towne Square Apartments 1st & Dobson Armour SD 57313 1989 1989 Existing 20 20 Not Indicated No Towne Square Ii 505 W Main St Vermillion SD 57069 No 2000 2002 New Construction 30 30 70 % present value No Trail View 1120 Harney St Custer SD 57730 No 1998 1999 New Construction 24 24 30 % present value No Trail View Estates Ii 1125 Crook St Custer SD 57730 Yes 2003 2004 New Construction 16 16 30 % present value No Village Green 1005 Ne 4th St Madison SD 57042 No 2011 $ 194,542 2011 Acquisition And Rehab 32 31 60% AMGI Both 30% and 70% No Voa Summit Heights 330 S Summit Ave Sioux Falls SD 57104 Yes 2009 $ 401,242 2010 New Construction 37 37 60% AMGI 70 % present value No Wall Ridge Apartments 602 Williams Street Wall SD 57790 1989 1989 Acquisition And Rehab 16 14 Not Indicated No Walnut Apartments 502 S Walnut St Elk Point SD 57025 1992 1993 New Construction 24 24 Not Indicated No Wellington Heights Apartments 600 Medary Ave S Brookings SD 57006 1991 1993 New Construction 12 12 Not Indicated No Wellington Park Apartments 2815 E 11th St Sioux Falls SD 57103 Yes 2009 $ 114,635 2009 Acquisition And Rehab 23 23 60% AMGI Both 30% and 70% No West Creek Woods 1600 S St Michaels Cir Sioux Falls SD 57106 No 1996 1997 New Construction 41 41 70 % present value No West Dakota Apartments 125 W Dakota Ave Pierre SD 57501 1991 1991 Acquisition And Rehab 6 6 Not Indicated No West Pointe 4400 W Briggs Dr Sioux Falls SD 57107 Yes 2000 2001 New Construction 29 29 70 % present value No West Pointe Ii 4401 W Briggs Dr Sioux Falls SD 57107 No 2001 2002 New Construction 42 42 70 % present value No West Pointe Townhomes - Phase Iii 4302 W Antelope Dr Sioux Falls SD 57107 No 2002 2003 New Construction 20 20 70 % present value No Western Comfort Apartments 2500 W Bethel Pl Sioux Falls SD 57105 No 1994 1995 New Construction 48 48 70 % present value No Western Heights Apartments 2201 W 46th St Sioux Falls SD 57105 No 2001 2003 Both New Construction A 79 79 Both 30% and 70% No Whispering Meadows Apartments 707 9th Ave W Mobridge SD 57601 Yes 2008 $ 93,056 2008 Acquisition And Rehab 32 32 60% AMGI Both 30% and 70% No Williamsburg Townhomes 601 S Wheatland Ave Sioux Falls SD 57106 No 2004 2005 New Construction 53 53 70 % present value No Williamsburg Townhomes Phase Ii 509 S Wheatland Ave Sioux Falls SD 57106 No 2007 $ 417,726 2007 New Construction 56 56 60% AMGI 70 % present value No Winchester Apartments 886 Montgomery St Custer SD 57730 1987 1987 New Construction 12 12 Not Indicated No Windsor Estates South 913 Southland Ln Brookings SD 57006 No 1994 1995 New Construction 36 36 30 % present value No Ceiling 5

Credit Percentage Winter Park Apartments 1700 N Wisconsin St Mitchell SD 57301 1992 1993 New Construction 24 24 Not Indicated No Yankton Sioux Ii 39402 299th St Wagner SD 57380 No 1999 2000 New Construction 10 10 70 % present value No Ceiling 217 Projects Reported $ 15,545,764 7,320 7,201 6