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1

Ceiling Credit Percentage Ak-chin Homes I 42507 W Peters And Nall Rd Maricopa AZ 85138 No 2003 2004 Acquisition And Rehab 36 36 Both 30% and 70% No Ak-chin Homes Ii 42507 W Peters And Nall Rd Maricopa AZ 85138 No 2004 $ 247,144 2006 New Construction 17 17 70 % present value No Alexandrite Sands 1600 W 12th St Yuma AZ 85364 No 1990 1990 New Construction 312 63 30 % present value Yes Alvernon Hacienda 3949 E Monte Vista Dr Tucson AZ 85712 Yes 1991 1993 New Construction 36 36 70 % present value No Amber Pointe Apartments 4625 S 7th Ave Phoenix AZ 85041 No 2007 $ 861,489 2009 New Construction 56 53 70 % present value No Amistad Apartments 1260 Cesar Chavez Ave Somerton AZ 85350 Not Indicated 24 21 Not Indicated Anacapa Apartments 1206 Anacapa Dr Lake Havasu City AZ 86403 1987 1987 New Construction 40 40 Not Indicated Anthony Gardens Apartments 1919a N La Canada Dr Green Valley AZ 85614 1989 1989 New Construction 100 100 Not Indicated Apache Ridge Townhomes 235 W. Fatco Road Whiteriver AZ 85941 No 2000 2001 New Construction 23 19 70 % present value No Aspen Ridge 831 E Mingus Ave Cottonwood AZ 86326 No 2003 2005 New Construction 96 95 70 % present value No Becket House/havasu Hills Apartment Homes 825 Cashmere Dr Lake Havasu City AZ 86404 No 2006 $ 898,886 2008 New Construction 100 100 70 % present value No Bell Mirage Estates 16629 N Greasewood St Surprise AZ 85378 No 2007 $ 900,000 2009 New Construction 60 56 70 % present value No Bella Vista Gardens (aka California Sunrise Villas) 3331 W Taylor St Phoenix AZ 85009 No 2003 2005 Acquisition And Rehab 200 200 30 % present value Yes Bienestar Apartments 690 N. 10th Avenue San Luis AZ 85349 Yes 2000 2000 New Construction 92 88 70 % present value No Bisbee Apartments Copper City 500 W Melody Ln Bisbee AZ 85603 No 1990 1991 New Construction 36 36 30 % present value No Boulder Terrace 202 N Boulder Ter Tucson AZ 85745 No 1994 1995 New Construction 6 6 70 % present value No Bradshaw Senior Community 133 Bradshaw Dr Prescott AZ 86303 No 2006 $ 967,573 2008 New Construction 46 39 70 % present value No Bradshaw Vista Apartments 560 Penn Ln Wickenburg AZ 85390 Not Indicated 48 11 Not Indicated Briarwood Ii Apartments 2080 Moyo Dr Lake Havasu City AZ 86403 1988 1988 New Construction 32 32 Not Indicated Buckeye Senior Apartments 605 S 4th St Buckeye AZ 85326 No 1990 1990 New Construction 40 40 30 % present value No Campaige Place 209 W Jackson St Phoenix AZ 85003 No 2001 2003 New Construction 300 300 30 % present value Yes Canal Senior Apartments 807 S Westerly Rd Payson AZ 85541 Yes 2003 2005 New Construction 67 58 70 % present value No Canalside Homes I 10177 E Osborn Rd Scottsdale AZ 85256 Not Indicated 30 30 Not Indicated Canalside Homes Ii 10177 E Osborn Rd Scottsdale AZ 85256 Yes 2000 2001 New Construction 30 30 70 % present value No Canyon Creek Apartments 901 N California St Coolidge AZ 85128 Not Indicated 26 26 Not Indicated Canyon Run Apartments 701 White Spar Rd Prescott AZ 86303 No 2003 2005 New Construction 84 84 70 % present value No Canyon Walk Apartments, Phase I 2795 Desert Foothills Blvd Bullhead City AZ 86429 No 1995 1997 New Construction 156 156 70 % present value No Capitol Mews Apartments (dba-legacy Bungalows Apartments) 1350 W Van Buren St Phoenix AZ 85007 No 2000 2002 New Construction 182 72 30 % present value Yes Carver Park Townhomes 490 S 17th Ave Yuma AZ 85364 Yes 2001 2003 New Construction 11 9 70 % present value No Casa Bonita Apartment Homes 1100 E Parkway Dr Nogales AZ 85621 No 1996 1998 New Construction 64 64 70 % present value No Casa Bonita I & Ii 327 W King Rd Tucson AZ 85705 Yes 2002 2004 New Construction 30 20 70 % present value No Casa Bonita Iii, Iv, And V 1016 E Milton Rd Tucson AZ 85706 Yes 2003 2004 New Construction 60 49 70 % present value No Casa De Colinas 2162 W Speedway Blvd Tucson AZ 85745 No 1994 1996 New Construction 129 129 70 % present value No Casa De Encanto 250 N Silverbell Rd Tucson AZ 85745 No 2005 $ 125,645 2007 Acquisition And Rehab 60 60 30 % present value Yes Casa De Flores Apartments Lihtc 1775 S 20th Ave Safford AZ 85546 No 2006 $ 56,896 2007 Acquisition And Rehab 31 31 30 % present value Yes Casa De Oro Apartments 409 N Christine Ave Douglas AZ 85607 Not Indicated 24 23 Not Indicated Casa De Roman Apartments 517 W Yucca St Somerton AZ 85350 Yes 1997 1999 New Construction 48 48 70 % present value No Casa Del Lago 3140 Kearsage Dr Lake Havasu City AZ 86406 No 1994 1995 New Construction 85 84 70 % present value No Casa Loma Triangle Hsg 204 W Allen St Tombstone AZ 85638 No 1990 1992 New Construction 21 20 30 % present value No Casa Mirage Apartments 12235 W Thunderbird Rd El Mirage AZ 85335 No 1991 1993 New Construction 126 126 70 % present value No Casa Nueva Apartments 125 N 18th St Phoenix AZ 85034 No 2000 2002 New Construction 64 26 70 % present value No Catalina Village Assisted Living 5324 E 1st St Tucson AZ 85711 No 2000 2002 Acquisition And Rehab 107 104 30 % present value Yes Catherine Arms Apartments Lihtc 315 W Fillmore St Phoenix AZ 85003 Yes 2007 $ 532,800 2009 New Construction 28 16 70 % present value No Center Ridge Apartments 105 E Main St Payson AZ 85541 No 2007 $ 851,186 2009 New Construction 48 48 70 % present value No Chandler Gardens 300 E Commonwealth Ave Chandler AZ 85225 No 1999 2001 New Construction 80 79 70 % present value No Chandler Village Apartments 598 N Mcqueen Rd Chandler AZ 85225 No 2002 2004 Acquisition And Rehab 127 127 70 % present value No Chaparral Apartments 980 Kenwood Ave Kingman AZ 86409 No 2008 $ 34,278 2009 Acquisition And Rehab 20 20 30 % present value Yes Cholla Ranch 316 N Miller Rd Buckeye AZ 85326 Not Indicated 140 125 Not Indicated Cimarron Apartments 1050 E Beverly Ave Kingman AZ 86409 No 2008 $ 46,161 2009 Acquisition And Rehab 40 40 30 % present value Yes Cochise Canyon Apartments 1620 Apache Dr Douglas AZ 85607 1989 1989 New Construction 24 24 Not Indicated Colonia Del Rey 120 N Mcqueen Rd Chandler AZ 85225 No 1995 1996 New Construction 60 60 70 % present value No 2

Credit Percentage Colonia Libre Townhomes Dba Valle Del Sur 251 W 38th St Tucson AZ 85713 Yes 2003 2005 New Construction 60 56 70 % present value No Colores Del Sol Apartments 5933 S 6th Ave Tucson AZ 85706 No 2000 2002 New Construction 125 98 70 % present value No Coolidge Station 623 N Main St Coolidge AZ 85128 No 1997 1998 New Construction 24 23 70 % present value No Copper City Villas Apartments 508 W Melody Ln Bisbee AZ 85603 Not Indicated 36 35 Not Indicated Copper Cove Apartments 101 N 91st Ave Tolleson AZ 85353 No 2001 2003 New Construction 228 226 30 % present value Yes Copper Ridge Apartments 3050 Hualapai Mountain Rd Kingman AZ 86401 No 1992 1992 New Construction 156 39 30 % present value Yes Coral Gardens 3230 E Roosevelt St Phoenix AZ 85008 Yes 1996 1996 Acquisition And Rehab 118 109 70 % present value No Coral Pointe A.k.a Topaz Pointe Apartments 2140 E Broadway Rd Phoenix AZ 85040 No 2010 $ 994,505 2010 New Construction 68 53 70 % present value No Coronado Community, L.p. 903 N California St Coolidge AZ 85128 Not Indicated 26 26 Not Indicated Coronado Courts Apartments 1830 Bonita Ave Douglas AZ 85607 1987 1987 Acquisition And Rehab 145 145 Not Indicated Coronado Glen Apartments Phase I And Ii 601 S Vulture Mine Rd Wickenburg AZ 85390 1988 1988 New Construction 54 54 Not Indicated Cottonwood Crossing Apartments 1565 N Wildflower Dr Casa Grande AZ 85122 No New Construction 80 80 70 % present value No Council House Apartments 2323 E 10th St Tucson AZ 85719 No 2004 $ 440,945 2008 Acquisition And Rehab 149 142 30 % present value Yes Country Club Of La Cholla 8700 N La Cholla Blvd Tucson AZ 85742 No 1991 1991 New Construction 204 41 30 % present value Yes Courtside Apartments 220 S 6th St Cottonwood AZ 86326 No 1996 1998 New Construction 44 43 70 % present value No Crismon Cove 9936 E Birchwood Ave Mesa AZ 85208 1989 1989 New Construction 16 16 Not Indicated Crit Housing I 13370 1st Ave Parker AZ 85344 No 2008 $ 868,554 2009 Not Indicated 29 29 Both 30% and 70% No Crystal Creek Townhomes 4500 Campus Dr Sierra Vista AZ 85635 Yes 2003 2005 New Construction 89 77 70 % present value No Curley School Apartments 201 W Esperanza Ave Ajo AZ 85321 Yes 2005 $ 511,315 2007 Both New Construction A 30 17 70 % present value No Cypress Point Apartments 1771 E Mcmurray Blvd Casa Grande AZ 85122 No 1998 2002 New Construction 104 92 70 % present value No Del Bac Townhomes 1255 N 14th Ave Tucson AZ 85705 No 1996 1998 New Construction 4 4 70 % present value No Del Moral Apts Dba Los Montano 6280 S Campbell Ave Tucson AZ 85706 No 1993 1994 New Construction 152 152 70 % present value No Desert Eagle 6917 N 71st Ave Glendale AZ 85303 Not Indicated 196 196 Not Indicated Desert Palms 210 E Brown Rd Mesa AZ 85201 No 1993 1995 New Construction 96 92 70 % present value No Desert View Apartments 904 N Washington St Coolidge AZ 85128 Not Indicated 46 44 Not Indicated Discovery Point Retirement Apartments 6210 E Arbor Ave Mesa AZ 85206 No 1993 1995 New Construction 183 181 70 % present value No Donna Rahn Lp Iii 414 S 3rd Ave Tucson AZ 85701 No 1992 1994 Acquisition And Rehab 15 15 70 % present value No Douglas Villas Apartments 2700 E 15th St Douglas AZ 85607 No 1994 1995 New Construction 36 36 30 % present value No Eagle Cove Apartments 1856 E Apache Dr Eagar AZ 85925 No 2004 $ 510,784 2006 New Construction 48 48 70 % present value No Eagle Eye Village 50115 N. Black Eagle Rd., #102b Aguila AZ 85320 No 1994 1996 New Construction 50 50 70 % present value No El Destino 1271 W Frontage Rd Rio Rico AZ 85648 Yes 2004 $ 781,302 2006 New Construction 61 51 70 % present value No El Patio Apartments 1347 E Benson Hwy Tucson AZ 85714 1989 1989 Acquisition And Rehab 13 13 Not Indicated Eloy Village Apartments 413 E 1st St Eloy AZ 85131 No 1993 1994 New Construction 32 31 30 % present value No Escala Central City Apartments 3606 E Van Buren St Phoenix AZ 85008 No 2005 $ 665,261 2006 New Construction 178 170 30 % present value Yes Escalante Apartments 1106 N Navajo Dr Page AZ 86040 No 2001 2002 Acquisition And Rehab 25 18 70 % present value No Esperanza Senior Apartments 100 S Esperanza Ln Bisbee AZ 85603 Yes 1998 2000 New Construction 20 20 30 % present value No Fairway Manor Apartments 2225 W Lyon Crest Rd Snowflake AZ 85937 No 2005 $ 624,679 2007 New Construction 60 53 70 % present value No Faith House A/l/a Prospect Park Apartments 8581 N 61st Ave Glendale AZ 85302 Yes 1997 1999 New Construction 16 16 70 % present value No Family Estates Of Eloy 710 N A St Eloy AZ 85131 No 1994 1995 Acquisition And Rehab 24 24 30 % present value No Family Estates Of Eloy Apartments 701 N A St Eloy AZ 85131 Not Indicated 24 24 Not Indicated Family Estates Of Gila Bend 405 N Capitol Ave Gila Bend AZ 85337 No 1994 1995 Acquisition And Rehab 36 36 30 % present value No Family Estates Of Gila Bend Apartments 405 N Capitol Avenue Gila Bend AZ 85337 Not Indicated 36 36 Not Indicated Farrell Park Apartments 1207 E Drexel Rd Tucson AZ 85706 No 1992 1993 New Construction 7 7 70 % present value No Fillmore Place Apartments 2902 E Fillmore St Phoenix AZ 85008 No 2001 2002 Acquisition And Rehab 85 77 70 % present value No Florence Park 401 E Stewart St Florence AZ 85132 No 1997 1999 New Construction 88 70 70 % present value No Fontana Gardens Apts 320 E Yavapai Rd Tucson AZ 85705 Yes 1991 1993 New Construction 30 30 70 % present value No Fontana Hacienda 306 E Navajo Rd Tucson AZ 85705 Yes 1992 1994 New Construction 30 30 70 % present value No Forest View Apartments Phase I And Ii 3700 S Yaqui Dr Flagstaff AZ 86001 No 1996 2000 New Construction 144 144 70 % present value No Fort Mojave / Aha Macav 4000 Roosevelt Dr Mohave Valley AZ 86440 No 2006 2008 Both New Construction A 44 44 Both 30% and 70% No Fox Hill Run 16222 N 123rd Dr Surprise AZ 85378 No 1994 1996 New Construction 98 98 70 % present value No Galleria I And Ii Apartments 10854 N 60th Ave Glendale AZ 85304 No 1996 1990 New Construction 144 144 70 % present value No Ghost Ranch Lodge 801 W Miracle Mile Tucson AZ 85705 Not Indicated 60 40 Not Indicated Gila River I 232 N Chalmers Ln Thatcher AZ 85552 Yes 2004 $ 384,264 2006 New Construction 40 34 70 % present value No Gila River Ii 232 N Chalmers Ln Thatcher AZ 85552 Yes 2005 2006 New Construction 40 35 70 % present value No Ceiling 3

Credit Percentage Glenbrook Terrace Apartments (aka Sombra Apartment Homes) 2020 W Glendale Ave Phoenix AZ 85021 No 2004 2005 Acquisition And Rehab 264 261 30 % present value Yes Glendale Lofts 6839 N 63rd Ave Glendale AZ 85301 No 2009 $ 756,699 2010 New Construction 28 28 70 % present value No Glenridge Apartment 3475 Mccormick Blvd Bullhead City AZ 86429 No 1994 1994 New Construction 52 51 30 % present value No Glenstone Village 2835 N Stone Ave Tucson AZ 85705 No 2008 $ 988,290 2010 Acquisition And Rehab 72 72 50% AMGI Not Indicated No Gold Rush Apartments Ii 2030 Prospector Ct Bullhead City AZ 86442 No 1995 1998 New Construction 96 96 70 % present value No Gold Rush Phase I 2030 Prospector Ct Bullhead City AZ 86442 No 1995 1998 New Construction 52 52 70 % present value No Grantree Apartments 90 W Old Linden Rd Show AZ 85901 No 1992 1993 Acquisition And Rehab 24 24 30 % present value No Green Valley Apartments 905 S Mclane Rd Payson AZ 85541 Yes 2001 2003 New Construction 40 34 70 % present value No Greenway Cove A.k.a Crystal Pointe Apartments 15826 N 32nd St Phoenix AZ 85032 No 2004 $ 700,000 2006 Both New Construction A 191 172 Both 30% and 70% No Guadalupe Huerta Senior Apartments, Lihtc 7235 S 7th St Phoenix AZ 85042 No 2006 $ 62,881 2007 Acquisition And Rehab 42 41 30 % present value Yes Hacienda Fontana Apartments 300 E Navajo Rd Tucson AZ 85705 Yes 1992 1994 New Construction 36 36 70 % present value No Heidel Apartments 327 E 12th St Tucson AZ 85701 1988 1988 Acquisition And Rehab 25 25 Not Indicated Heritage Glen Apartments 1040 N 9th St Coolidge AZ 85128 No 1994 1996 New Construction 28 27 30 % present value No Holbrook Court Apartments 109 Court Ln Holbrook AZ 86025 Yes 2000 2001 New Construction 24 24 70 % present value No Homestead West 40 Rodeo Drive Lakeside AZ 85929 Not Indicated 32 32 Not Indicated Homestead West 40 Rodeo Dr Pinetop AZ 85935 No 1994 1994 New Construction 32 32 30 % present value No Hopi Homes I 10 Kiva Dr Winslow AZ 86047 No 2004 $ 238,032 2006 Both New Construction A 25 25 Both 30% and 70% No Hotel San Carlos 106 E 1st St Yuma AZ 85364 Yes 1995 1996 Acquisition And Rehab 60 60 70 % present value No Huachuca Triangle 712 N Gonzales Blvd Huachuca City AZ 85616 1989 1989 New Construction 24 24 Not Indicated Indian Wells Apartments 975 S Royal Palm Rd Apache Junction AZ 85119 No 2000 2002 New Construction 176 107 70 % present value No Indigo Pointe 475 N 43rd Ave Phoenix AZ 85009 No 2007 $ 771,687 2009 New Construction 72 52 70 % present value No Ironwood Estates 8930 W Monroe St Peoria AZ 85345 Yes 2001 2003 New Construction 40 40 70 % present value No Itom A'e 5424 E Calle Cerritos Guadalupe AZ 85283 Yes 2009 $ 933,191 2010 New Construction 65 65 60% AMGI 70 % present value No Jeddito Town Homes 101 Juniper Circle Keams Canyon AZ 86034 Not Indicated 24 23 Not Indicated Katherine Heights Townhomes Iii 1207 N Power Line Rd Bullhead City AZ 86429 Not Indicated 2 2 Not Indicated Kearney Manor C/o Western Mg Po Box 2977 Florence AZ 85132 1989 1989 New Construction 12 12 Not Indicated Kingman Place 1227 Fort Beale Rd Kingman AZ 86401 Yes 1995 1996 New Construction 24 24 70 % present value No La Mariposa Senior Villas 701 E 24th St Yuma AZ 85365 No 2004 $ 524,930 2006 New Construction 59 59 70 % present value No La Mirada Apartments 3900 W 22nd Ln Yuma AZ 85364 No 2000 2002 New Construction 80 80 70 % present value No La Palmilla Apartments (formerly Known As Sylmar) 3838 W Camelback Rd Phoenix AZ 85019 No 2000 2001 Not Indicated 267 267 30 % present value Yes La Posada Apartments 1900 W 30th St Yuma AZ 85364 2010 $ 1,000,000 2010 New Construction 80 80 70 % present value No La Posada Apartments 6300 S Headley Rd Tucson AZ 85746 No 1997 1999 New Construction 125 95 70 % present value No La Promesa Ii 2485 N Alvernon Way Tucson AZ 85712 Not Indicated 23 Not Indicated La Vista Apartments 300 W Gold Hill Rd Nogales AZ 85621 Yes 2005 $ 256,094 2007 New Construction 24 22 70 % present value No Laguna Terrace 114 W Laguna St Tucson AZ 85705 1988 1988 Acquisition And Rehab 39 39 Not Indicated Lake Pleasant Village 20702 N Lake Pleasant Rd Peoria AZ 85382 No 2003 2005 Acquisition And Rehab 152 152 30 % present value Yes Las Casitas Apartments 541 North Sixth Street San Luis AZ 85349 No 1997 1998 New Construction 76 76 70 % present value No Las Gardenias (bond) 6901 W Mcdowell Rd Phoenix AZ 85035 No 2000 2001 New Construction 300 210 30 % present value Yes Las Montanas Village 6280 S Campbell Ave Tucson AZ 85706 No 1994 1995 New Construction 88 88 70 % present value No Las Palomas 499 S Carmichael Ave Sierra Vista AZ 85635 No 1995 1996 New Construction 88 88 70 % present value No Las Quintas De Adobe Apartments 1600 N. 10th Ave. San Luis AZ 85349 No 2001 2002 New Construction 27 20 70 % present value No Las Villas De Kino 5515 S Forgeus Ave Tucson AZ 85706 No 1997 1999 New Construction 240 240 30 % present value Yes Las Villas De Kino 5515 S Forgeus Ave Tucson AZ 85706 No 1997 1999 New Construction 108 82 30 % present value Yes Las Villas Del Sol 6755 N 83rd Ave Glendale AZ 85303 No 1999 2001 New Construction 180 164 70 % present value No Lenwood Apartments 36 N Pima St Springerville AZ 85938 No 1992 1993 Acquisition And Rehab 24 24 30 % present value No Liberty Cove Apartments 801 N 59th Ave Phoenix AZ 85043 No 2002 2004 New Construction 264 106 30 % present value Yes Loma Mariposa Apartments 1790 N Loma Mariposa Rd Nogales AZ 85621 No 1999 2001 New Construction 60 54 70 % present value No Loma Mariposa Ii 1830 N Loma Mariposa Rd Nogales AZ 85621 No 2002 2004 New Construction 100 74 70 % present value No Loma Verde Apartments (talavera) 1355 W Roger Rd Tucson AZ 85705 No 2001 2002 Both New Construction A 96 95 30 % present value Yes Los Tres Apartments - La Terraza 5333 E Thomas Rd Phoenix AZ 85018 Yes 2005 $ 124,664 2007 Acquisition And Rehab 160 156 30 % present value Yes Los Tres Apartments - Melrose Villas 5627 N 16th St Phoenix AZ 85016 Yes 2005 $ 106,101 2007 Acquisition And Rehab 83 83 60% AMGI 30 % present value Yes Ceiling 4

Ceiling Credit Percentage Los Tres Apartments - Missouri Crossing 5330 N 17th Ave Phoenix AZ 85015 Yes 2005 $ 144,736 2007 Acquisition And Rehab 108 106 30 % present value Yes Lynx Creek Apartments 3241 N Majesty Dr Prescott Valley AZ 86314 No 2008 $ 70,645 2009 Acquisition And Rehab 26 26 30 % present value Yes Maddox Estates Townhomes 517 W Alsdorf Rd Eloy AZ 85131 Yes 2003 2005 New Construction 60 60 70 % present value No Madera Peak Vista 1039 E Saguaro Dr Globe AZ 85501 2010 $ 951,609 2010 New Construction 60 59 70 % present value No Marana Apartments 13387 N Lon Adams Rd Marana AZ 85653 Yes 2001 2003 New Construction 80 80 70 % present value No Marble Canyon Manor 1627 Mohave Dr Bullhead City AZ 86442 No 1994 1997 New Construction 133 132 70 % present value No Maryland Senior Housing 126 W Maryland Ave Phoenix AZ 85013 Yes 2004 $ 244,776 2006 Acquisition And Rehab 36 31 70 % present value No Matthew Henson I 840 W Tonto St Phoenix AZ 85007 No 2003 2005 New Construction 196 148 70 % present value No Matthew Henson Iii 840 W Tonto St Phoenix AZ 85007 No 2005 2007 New Construction 136 102 70 % present value No Matthew Henson Iv 840 W Tonto St Phoenix AZ 85007 No 2006 2008 New Construction 86 38 70 % present value No Matthew Henson Senior Apartments 1045 S 8th Ave Phoenix AZ 85007 No 2004 $ 881,773 2006 New Construction 129 129 70 % present value No Maurnez Apartments 110 W Airport Rd Payson AZ 85541 No 1990 1991 New Construction 32 32 30 % present value No Mccarty On Monroe 1130 E Monroe St Phoenix AZ 85034 No 2007 $ 900,000 2009 New Construction 69 69 70 % present value No Meadowbrook Housing (a.k.a. Coral Canyon Apartments) 4545 N 15th St Phoenix AZ 85014 Yes 2005 $ 485,842 2007 New Construction 69 69 70 % present value No Meadows Apartments 250 N 16th Ave Show AZ 85901 No 1993 1994 New Construction 40 40 30 % present value No Memorial Towers 1401 S 7th Ave Phoenix AZ 85007 Yes 2004 $ 700,000 2006 New Construction 153 152 70 % present value No Mesa Park Apartments 604 W 8th Ave Mesa AZ 85210 Not Indicated 140 98 Not Indicated Michelle Manor Apartments 1919b N La Canada Dr Green Valley AZ 85614 1988 1988 New Construction 24 24 Not Indicated Midway Manor Apartments 2411 S 6th Ave Tucson AZ 85713 No 1991 1993 Acquisition And Rehab 18 18 70 % present value No Mingus Pointe Apartments 101 S 6th St Cottonwood AZ 86326 No 1994 1995 New Construction 36 35 30 % present value No Mission Antigua Ii Dba Tierra 5525 S Mission Rd Tucson AZ 85746 No 1991 1993 New Construction 220 220 70 % present value No Mission Tierra Apartments 5505 S Mission Rd Tucson AZ 85746 Not Indicated 219 219 Not Indicated Mission Vista Apartments 2455 N Dodge Blvd Tucson AZ 85716 Yes 1998 2000 New Construction 80 80 70 % present value No Mlk 55 N 5th Ave Tucson AZ 85701 No 2008 2010 New Construction 68 68 60% AMGI 70 % present value No Mount Graham Apartments 2040 S 20th Ave Safford AZ 85546 No 1992 1994 New Construction 40 40 30 % present value No Mountain Crest Apartments 838 Baseline Rd Bullhead City AZ 86442 1989 1989 New Construction 40 40 Not Indicated Mountain Oaks Apartments 150 N 5th St Show AZ 85901 No 2006 $ 146,911 2008 Acquisition And Rehab 26 20 Both 30% and 70% No Mountain Pointe Apartments, Lihtc 800 E Baffert Dr Nogales AZ 85621 Yes 1999 2001 New Construction 108 95 70 % present value No Mountain Pointe Apartments. Lihtc Phase Ii 800 E Baffert Dr Nogales AZ 85621 Yes 2006 $ 903,869 2008 New Construction 60 60 70 % present value No Mountain Shadow 6420 S Camino De La Tierra Tucson AZ 85746 No 1991 1992 New Construction 120 120 70 % present value No Mountain View Terrace Apartments 1901 W Pepper Tree Dr Safford AZ 85546 Yes 1998 2000 New Construction 45 45 70 % present value No Mountain Village Seniors 301 E Mcneil Show AZ 85901 No 2003 2004 New Construction 32 16 70 % present value No Mountainside Village Apartments, Phase 2 2251 N Izabel St Flagstaff AZ 86004 No 1994 1996 New Construction 30 30 70 % present value No Mountainside Village Apartments, Phase I 2251 N Izabel St Flagstaff AZ 86004 No 1994 1996 New Construction 50 50 70 % present value No Moutain Park Apartments 3060 E Show Lake Rd Show AZ 85901 No 2002 2004 New Construction 72 72 70 % present value No Navapai Apartments 8800 E Yavapai Rd Prescott Valley AZ 86314 No 2008 $ 60,394 2009 Acquisition And Rehab 26 26 30 % present value Yes Nuestra Senora L.p. 5420 E Calle Cerritos Guadalupe AZ 85283 Yes 2007 $ 900,000 2009 New Construction 72 69 70 % present value No Oakwood Village Apartments 3770 S Yaqui Dr Flagstaff AZ 86001 Not Indicated 72 72 Not Indicated Oakwood Village Apartments Ii 3400 S Kofa Dr Flagstaff AZ 86001 Not Indicated 72 71 Not Indicated Oakwood Village Iii Apartments 3400 S Kofa Dr Flagstaff AZ 86001 No 2009 $ 1,190,443 2010 New Construction 56 56 60% AMGI 70 % present value No Oasis West Apartments (camelback West) 5235 N 43rd Ave Phoenix AZ 85019 No 1998 2000 Acquisition And Rehab 100 100 30 % present value Yes Oracle Apartments 1256 W Neal St Oracle AZ 85623 No 1990 1991 New Construction 40 39 30 % present value No Orchard Estates 15380 W Young St Surprise AZ 85374 No 2002 2004 New Construction 96 86 70 % present value No Page Commons 170 N Oak St Gilbert AZ 85233 No 2003 2005 New Construction 100 100 70 % present value No Palm Cove Apartments Phase I And Ii 950 W Main St Mesa AZ 85201 No 1993 2000 New Construction 198 196 70 % present value No Palm Cove I 950 W Main St Mesa AZ 85201 Not Indicated 76 76 Not Indicated Palm Cove Ii 118 N Extension Rd Mesa AZ 85201 Not Indicated 122 116 Not Indicated Palm Oasis 802 N 30th St Phoenix AZ 85008 No 1994 1995 Acquisition And Rehab 157 153 70 % present value No Palm Terrace 555 E Ray Rd Chandler AZ 85225 No 1996 1996 New Construction 180 180 70 % present value No Palms @ Glendale 6112 N 67th Ave Glendale AZ 85301 Yes 1993 1994 Acquisition And Rehab 160 160 70 % present value No Palms At Mesa 324 S Horne Mesa AZ 85204 No 1993 1993 Acquisition And Rehab 146 140 70 % present value No Papago Palms West 1835 N 51st St Phoenix AZ 85008 No 1992 1994 New Construction 25 24 70 % present value No Paradise Palms I 304 W Southern Ave Phoenix AZ 85041 Not Indicated 104 99 Not Indicated 5

Credit Percentage Paradise Palms Ii 250 W Southern Ave Phoenix AZ 85041 Yes 1999 2001 New Construction 110 102 70 % present value Yes Paradise Palms Senior Housing 400 W Southern Ave Phoenix AZ 85041 Yes 1998 2000 New Construction 104 103 70 % present value No Paradise Village Apts 2525 E Aire Libre Ave Phoenix AZ 85032 No 1990 1990 Acquisition And Rehab 62 62 70 % present value No Parkcrest Village 3300 Harrison St Kingman AZ 86409 No 1995 1997 New Construction 80 79 70 % present value No Parkside Group Apts 109 E Brinker Dr Avondale AZ 85323 No 1992 1993 Acquisition And Rehab 54 54 Not Indicated No Parkside Terrace 2150 N 4th Ave Tucson AZ 85705 No 2000 2001 Acquisition And Rehab 41 40 70 % present value No Parkview Apartments 1159 Bales Avenue Winlow AZ 86047 Not Indicated 24 20 Not Indicated Parkway Apartments 300 E Cliffs Pkwy Camp Verde AZ 86322 No 2001 2003 New Construction 59 59 70 % present value No Payson Senior Center Apts 311 S Mclane Rd Payson AZ 85541 No 1990 1992 New Construction 40 40 30 % present value No Pecan Tree Manor 102 W 9th Pl Mesa AZ 85201 1989 1989 Existing 4 4 Not Indicated Pinal Mountain Apartments 979 E Saguaro Dr Globe AZ 85501 1988 1988 New Construction 46 46 Not Indicated Pinaleno Foothills Apartments 2500 S 17th Ave Safford AZ 85546 No 2005 $ 633,625 2007 New Construction 60 55 70 % present value No Pine Creek Villas 35 Slide Rock Rd Sedona AZ 86351 1989 1989 New Construction 24 24 Not Indicated Pinecrest Apartments 801 E Rodeo Rd Williams AZ 86046 No 1992 1993 Acquisition And Rehab 32 32 30 % present value No Pinecrest Apartments (aka Park Glen Aka Hunter's Glen) 2601 W Claremont St Phoenix AZ 85017 No 2004 2005 Acquisition And Rehab 264 262 30 % present value Yes Pinehurst At Flagstaff 1001 N 4th St Flagstaff AZ 86004 No 2003 $ 606,981 2006 New Construction 84 84 60% AMGI 70 % present value No Pines @ Prescott 1053 Sandretto Dr Prescott AZ 86305 No 1993 1995 New Construction 90 90 70 % present value No Plaza Manuel Ortega 13613 N Main St El Mirage AZ 85335 Yes 2001 2003 New Construction 80 79 70 % present value No Pointe Del Sol Apartments 730 W Vogel Ave Phoenix AZ 85021 No 2007 $ 539,974 2008 New Construction 150 150 60% AMGI 30 % present value Yes Ponderosa Meadows 250 N 16th Ave Show AZ 85901 Not Indicated 40 40 Not Indicated Prescott Valley Apartments/dba 3200 N Navajo Dr Prescott Valley AZ 86314 1988 1988 New Construction 23 23 Not Indicated Prescott Valley Plaza Apartments 3250 N Majesty Dr Prescott Valley AZ 86314 No 1992 1993 New Construction 37 37 30 % present value No Quail Run Apartments 13868 N 79th Ave Peoria AZ 85381 No 2001 2003 New Construction 156 142 70 % present value No Quilceda Villa Apartments 12350 W Bola Dr Surprise AZ 85378 No 2001 2003 New Construction 72 72 70 % present value No Rainbow Apartments 700 W 24th St Yuma AZ 85364 1989 1989 Acquisition And Rehab 81 81 Not Indicated Rainbow Lake Apartments 1921 Rainbow Lake Pl Lakeside AZ 85929 Not Indicated 35 4 Not Indicated Rancho Cielo Senior Apartments 3940 W Mcdowell Rd Phoenix AZ 85009 No 2005 $ 475,133 2007 New Construction 41 41 70 % present value No Rancho Del Mar 6200 S Campbell Ave Tucson AZ 85706 No 1991 1992 New Construction 312 312 70 % present value No Rancho Del Sol 11039 N 87th Ave Peoria AZ 85345 No 2002 2004 New Construction 152 7 30 % present value Yes Rancho Montanas Senior Apartments 4033 S 7th St Phoenix AZ 85040 No 2007 $ 966,041 2009 New Construction 69 66 70 % present value No River Bend Apartments 11335 W Tennessee Ave Youngtown AZ 85363 No 2000 2002 New Construction 63 63 70 % present value No River Bend Apartments Ii, L.p. 12700 N 113th Ave Youngtown AZ 85363 No 2003 2005 New Construction 56 56 70 % present value No Roeser Senior Village 454 E Roeser Rd Phoenix AZ 85040 Yes 2000 2002 New Construction 80 80 70 % present value No Roosevelt Historic Housing 801 N 6th Ave Phoenix AZ 85003 No 2002 2004 New Construction 48 48 70 % present value No Rosa Linda Senior Apartments 10245 N 87th Ave Peoria AZ 85345 No 2006 $ 149,007 2007 Acquisition And Rehab 84 84 30 % present value Yes Rose Terrace I 525 E Harrison Dr Avondale AZ 85323 Yes 2000 2003 New Construction 60 60 70 % present value No Rose Terrace Ii 525 E Harrison Dr Avondale AZ 85323 Yes 2000 2003 New Construction 20 20 70 % present value No Sahara Luna Apartments 1220 N 36th St Phoenix AZ 85008 No 2004 $ 490,055 2006 Both New Construction A 52 52 Both 30% and 70% No Sahuaro Apartments Associates 510 W Sahuaro St Tucson AZ 85705 No 1992 1994 Acquisition And Rehab 23 23 70 % present value No San Angelin Apartments 1935 S Sunnyvale Mesa AZ 85206 No 2003 2005 New Construction 312 282 30 % present value Yes San Carlos Homes Iii Po Box 740 Peridot AZ 85542 No 2007 2008 Both New Construction A 50 50 Both 30% and 70% No San Carlos Homes Iv Po Box 740 Peridot AZ 85542 Not Indicated 40 40 Not Indicated San Clemente Apartments 7640 S Power Rd Gilbert AZ 85297 No 2003 $ 686,020 2006 New Construction 336 309 30 % present value Yes San Fernando Apartments 4150 E Main St Mesa AZ 85205 No 2003 2005 New Construction 265 241 30 % present value Yes San Giovanni Apartments 6901 W Mcdowell Rd Phoenix AZ 85035 Not Indicated 300 216 Not Indicated San Jose Triangle 100 Navajo Dr Bisbee AZ 85603 1988 1988 New Construction 24 24 Not Indicated San Lucas Apartments 8701 W Van Buren St Tolleson AZ 85353 No 2003 2004 New Construction 264 242 30 % present value Yes San Martin Apartments 6802 N 67th Ave Glendale AZ 85301 No 2002 2003 New Construction 384 351 30 % present value Yes San Miguel 8915 E Guadalupe Rd Mesa AZ 85212 No 2002 2004 New Construction 300 275 30 % present value Yes San Pedro Apartments 4600 Charleston Rd Sierra Vista AZ 85635 No 2000 2002 New Construction 76 63 70 % present value No San Pedro Terrace Apartments 351 E Pearl St Benson AZ 85602 Yes 2001 2002 New Construction 48 42 70 % present value No San Remo 5755 N 59th Ave Glendale AZ 85301 No 2002 2003 New Construction 276 258 30 % present value Yes Sandstone Highlands Senior Community 300 W High Country Trl Flagstaff AZ 86001 No 2003 2005 New Construction 72 72 70 % present value No Ceiling 6

Ceiling Credit Percentage Santa Carolina Apartments 1068 W Paul Dr Nogales AZ 85621 No 2005 $ 519,067 2007 New Construction 128 128 60% AMGI 30 % present value Yes Santa Fe Springs 400 S Denman Ave Sierra Vista AZ 85635 No 2008 $ 996,129 2010 New Construction 48 48 60% AMGI 70 % present value No Santa Rita Apartments 945 W Manor Dr Nogales AZ 85621 No 1994 1996 New Construction 40 40 30 % present value No Scottsdale New Ventura Apartments 980 N Granite Reef Rd Scottsdale AZ 85257 No 1998 2000 Acquisition And Rehab 135 135 30 % present value Yes Senior Cottages Of Apache Junction 251 N 114th St Apache Junction AZ 85120 No 1997 1999 New Construction 92 87 70 % present value No Shadow Creek Ii 10854 N 60th Ave Glendale AZ 85304 Not Indicated 184 123 Not Indicated Shalom House 2485 N Alvernon Way Tucson AZ 85712 No 1996 1998 New Construction 24 24 70 % present value No Sharon Manor 2304 N Izabel St Flagstaff AZ 86004 Yes 2000 2001 New Construction 16 16 70 % present value No Sierra Blanca Apartments 126 Willow Lane West Taylor AZ 85939 1988 1988 Existing 24 24 Not Indicated Sierra Verde Apartments 150 N Apache Rd Buckeye AZ 85326 1989 1989 New Construction 40 40 Not Indicated Siesta Pointe Apartments 12851 W Buckeye Rd Avondale AZ 85323 No 1999 2001 New Construction 104 87 70 % present value No Silverbell Homes 3007 N Dasylirion Dr Tucson AZ 85745 Yes 2005 $ 325,729 2007 New Construction 26 25 70 % present value No Smoketree Apartments 902 E Centre Ave Buckeye AZ 85326 Yes 2004 2005 New Construction 24 19 70 % present value No Somerset Manor Apartments 802 E Oneil Dr Casa Grande AZ 85122 No 1995 1996 New Construction 36 36 30 % present value No Somerset Village 3150 Harrison St Kingman AZ 86401 No 2001 2003 New Construction 72 72 70 % present value No Somerton Apartments (hacienda Manuel Chavez) 500 N Somerton Ave Somerton AZ 85350 No 2002 2004 New Construction 80 79 70 % present value Yes Sonora Vista 9736 E Balsam Ave Mesa AZ 85208 No 1999 2001 New Construction 96 96 70 % present value No Sonora Vista Apartments 1600 Van Buren Ave Douglas AZ 85607 No 2004 $ 829,372 2006 New Construction 65 60 70 % present value No Sonora Vista I 9736 E Balsam Ave Mesa AZ 85208 Not Indicated 96 95 Not Indicated Sonora Vista Ii 9736 E Balsam Ave Mesa AZ 85208 Not Indicated 88 86 Not Indicated South Park Hope Vi 1122 E Silverlake Rd Tucson AZ 85713 Yes 2002 2004 Both New Construction A 45 45 Both 30% and 70% No Spring Valley Terrace 14005 S Spring Ln Mayer AZ 86333 Yes 1996 1998 New Construction 23 20 70 % present value No St. Luke's In The Desert, L.p. 615 E Adams St Tucson AZ 85705 Yes 1998 2000 Both New Construction A 64 64 70 % present value No Steeplechase Apartments 8610 N 91st Ave Peoria AZ 85345 No 2002 2004 New Construction 110 110 30 % present value Yes Sterling Point Apartments Phase Ii 3802 E Baseline Rd Phoenix AZ 85042 Not Indicated 76 75 Not Indicated Sterling Point Phase I And Ii 3802 E Baseline Rd Phoenix AZ 85042 No 1993 2001 New Construction 300 299 70 % present value No Summer Crossings 40 1301 Florida Ave Douglas AZ 85607 No 1998 1998 New Construction 40 40 70 % present value No Sun Crest Apartments 105 N Toscanini Ave Sierra Vista AZ 85635 Not Indicated 80 79 Not Indicated Sundance Apartments 2701 E 6th St Douglas AZ 85607 No 1997 1998 New Construction 24 24 30 % present value No Sungate Villa Ii Senior Community 3870 N Civic Dr Ne Prescott Valley AZ 86314 No 2008 $ 1,062,323 2010 New Construction 54 48 70 % present value No Sungate Villa Senior Community 3850 N Civic Dr Ne Prescott Valley AZ 86314 No 2005 $ 964,504 2007 New Construction 64 64 70 % present value No Sunrise Vista 4415 S 28th St Phoenix AZ 85040 No 2001 2002 Acquisition And Rehab 196 190 30 % present value Yes Tanner Manor Apartments 2150 E Broadway Rd Phoenix AZ 85040 Yes 2001 2003 New Construction 110 70 70 % present value No Taylor Park Meadow 180 S Highland Dr Taylor AZ 85939 No 2004 $ 472,099 2006 New Construction 42 38 70 % present value No Terracina Apartments 1850 S Avenue B Yuma AZ 85364 Not Indicated 80 80 Not Indicated The Crossing At Apache Junction 380 S Phelps Dr Apache Junction AZ 85120 No 1998 2000 New Construction 116 111 70 % present value No The Groves 2990 S Power Rd Mesa AZ 85212 Not Indicated 267 267 Not Indicated The Monroe Street Abbey Apartments 334 W Monroe St Phoenix AZ 85003 Yes 1993 1996 New Construction 94 94 70 % present value No The Village At Cottage Park 17927 N Parkview Pl Surprise AZ 85374 No 1991 1993 New Construction 179 179 70 % present value No The Village At Lake Mary Crossing 3400 Lake Mary Rd Flagstaff AZ 86001 No 1994 1996 New Construction 125 124 70 % present value No The Village At Sun Valley 7520 E Billings St Mesa AZ 85207 No 2000 2002 New Construction 276 276 30 % present value Yes Tierra Antigua 339 N 75th St Mesa AZ 85207 Not Indicated 174 174 Not Indicated Tierra Del Cielo Apartments 144 West Brenda Street Somerton AZ 85350 Not Indicated 32 26 Not Indicated Tierra Del Sol 40 E Sunland Ave Phoenix AZ 85040 1988 1988 New Construction 116 46 Not Indicated Timber Trails Apartments 200 W High Country Trl Flagstaff AZ 86001 No 2004 $ 844,115 2006 New Construction 64 64 70 % present value No Timberstone Apartments 160 W Cooley St Show AZ 85901 No 2005 $ 891,672 2007 New Construction 80 80 70 % present value No Timberstone Apartments Ii 200 W Cooley St Show AZ 85901 No 2006 $ 720,406 2008 New Construction 56 56 70 % present value No Tivoli Heights Village, Phase I 3180 Harrison St Kingman AZ 86401 Yes 2006 $ 799,830 2008 New Construction 48 42 70 % present value No Tivoli Heights Village, Phase Ii 3170 Harrison St Kingman AZ 86401 No 2007 $ 698,544 2009 New Construction 48 48 70 % present value No Town Square Courtyard Homes 5136 W Glenn Dr Glendale AZ 85301 No 2002 2004 New Construction 60 60 70 % present value No Tucson Cabo Del Sol Apartments 5600 S Midvale Park Rd Tucson AZ 85746 No 1997 1999 New Construction 103 80 70 % present value No Tucson House I & Ii 1501 N Oracle Rd Tucson AZ 85705 Yes 1997 1999 Acquisition And Rehab 408 408 Both 30% and 70% Yes Umom Family Housing 3330 E Van Buren St Phoenix AZ 85008 2010 $ 1,000,000 2010 New Construction 80 72 70 % present value No 7

Ceiling Credit Percentage Urban League Manor 4343 W Thomas Rd Phoenix AZ 85031 No 2006 $ 900,000 2007 Acquisition And Rehab 152 137 70 % present value No Vah Ki Court Apartments 1050 N 9th St Coolidge AZ 85128 Not Indicated 24 24 Not Indicated Valley View Apartments 3701 N Windsong Dr Prescott Valley AZ 86314 No 2002 2004 New Construction 80 76 70 % present value No Valley View Apartments Ii 3737 N Windsong Dr Prescott Valley AZ 86314 No 2005 $ 950,572 2007 New Construction 72 72 70 % present value No Valley View Iapartments Ii 3883 N Windsong Dr Prescott Valley AZ 86314 No 2006 $ 983,350 2008 New Construction 72 66 70 % present value No Ventana Estates 9422 E Broadway Rd Mesa AZ 85208 No 2000 2002 New Construction 140 78 70 % present value No Ventana Palms Apartments 7021 W Mcdowell Rd Phoenix AZ 85035 1989 1989 New Construction 160 32 Not Indicated Verde Vista Apartments 1720 E Elm St Cottonwood AZ 86326 No 1996 1998 New Construction 72 71 70 % present value No Villa Del Sol Apartments 750 W Union St Benson AZ 85602 No 2001 2002 New Construction 40 34 30 % present value Yes Villa Nueva Apartments 750 S 15th Ave Yuma AZ 85364 No 1997 1999 New Construction 80 80 70 % present value No Villa Paraiso Apartments 1033 W Mariposa Ranch Rd Nogales AZ 85621 No 2006 $ 551,156 2008 New Construction 40 34 70 % present value No Villa Serena Apartments 2351 S 37th Ave Yuma AZ 85364 No 2001 2003 New Construction 80 80 70 % present value No Village Square Apartments 14014 N 32nd St Phoenix AZ 85032 No 2004 2005 Acquisition And Rehab 116 101 30 % present value Yes Villas By Mary T. Casa Grande 1576 E Cottonwood Ln Casa Grande AZ 85122 Yes 1998 2000 New Construction 132 99 70 % present value No Villas De Merced / Mercy Housing Arizona I 520 N Mesa Dr Mesa AZ 85201 Yes 1998 2000 New Construction 95 95 30 % present value Yes Villas De Sonora Senior Housing 507 W Alsdorf Rd Eloy AZ 85131 No 2005 $ 520,847 2007 New Construction 36 31 70 % present value No Vineyard Estates 915 W Alta Vista Rd Phoenix AZ 85041 No 2000 2002 New Construction 144 84 70 % present value No Vista Del Norte 175 N Skyline Dr Huachuca City AZ 85616 No 2005 $ 795,101 2007 New Construction 64 64 70 % present value No Vista Loma Apartments 2367 Merrill Ave Bullhead City AZ 86442 No 1993 1994 New Construction 41 41 30 % present value No Vista Montana Apartments 3225 E Baseline Rd Gilbert AZ 85234 1989 1989 New Construction 228 228 Not Indicated Western Sunrise Villas Phase I And Ii 980 S. Desoto St. Florence AZ 85232 1988 1988 New Construction 50 50 Not Indicated Westward Ho Apartments 618 N Central Ave Phoenix AZ 85004 No 2002 2004 Acquisition And Rehab 290 289 30 % present value Yes Whispering Palms Housing 1650 E Georgia Ave Phoenix AZ 85016 Yes 2003 2005 Both New Construction A 21 21 Both 30% and 70% No White Mountain Apache Housing/mcnary Housing Po Box 550 Mcnary AZ 85930 Not Indicated 20 20 Not Indicated Willcox Farmworker Apartments 708 N Arizona Ave Willcox AZ 85643 Yes 2003 2005 New Construction 40 40 70 % present value No Willcox Senior Apartments 457 W Scott St Willcox AZ 85643 No 1992 1993 New Construction 30 30 30 % present value No Willcox Townhomes 804 W Hoch Ln Willcox AZ 85643 Yes 2004 $ 444,049 2006 New Construction 40 29 70 % present value No Willow Ridge 1205 Sandretto Dr Prescott AZ 86305 1989 1989 New Construction 134 134 Not Indicated Wings Of Freedom 2425 N Haskell Dr Tucson AZ 85716 Yes 2002 2003 New Construction 22 14 70 % present value No Winslow Crossing 1800 W Fleming St Winslow AZ 86047 Yes 2004 2005 New Construction 52 46 70 % present value No Yavapai Apartments 344 E Yavapai Rd Tucson AZ 85705 No 1991 1993 Both New Construction A 18 18 70 % present value No Yavapai Hacienda Apts 332 E Yavapai Rd Tucson AZ 85705 Yes 1992 1993 New Construction 30 30 70 % present value No Yavapai-apache Nation #1 3455 W Shaw Ave Camp Verde AZ 86322 No 2002 2004 Both New Construction A 44 44 Both 30% and 70% No Yuma Senior Terrace 2317 S 34th Dr Yuma AZ 85364 No 2008 $ 1,000,000 2010 New Construction 60 54 70 % present value No 349 Projects Reported $ 46,162,935 30,026 27,101 8