ALABAMA HOUSING FINANCE AUTHORITY 2015 HOME/HOUSING CREDITS ALLOCATIONS APPROVED BY THE AHFA BOARD OF DIRECTORS on JUNE 24, 2015

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Housing Credit Disclaimer Alabama Housing Finance Authority s (AHFA) commitment of low-income housing tax credits (Housing Credits) to certain projects on the following list is contingent upon AHFA s receipt of a 2016 Housing Credit allocation from the U.S. Department of the Treasury, Internal Revenue Service, and is subject to any change in applicable laws or regulations. Each listed commitment may be reduced or terminated if AHFA does not have available the expected amount of Housing Credits for 2016 or if there is a change in applicable laws or regulations. AHFA shall have no liability whatsoever to any project owner if AHFA s commitment of Housing Credits to such project owner is impacted by a change in AHFA s 2016 Housing Credit Qualified Allocation Plan or in applicable laws or regulations. Any election by AHFA to future advance Housing Credits in any given year does not automatically guarantee that Housing Credits will be future allocated in any subsequent year(s). HOME Commitment Disclaimer The 2015 State of Alabama s HOME Investment Partnerships Program Action Plan (Plan) was approved by the AHFA Board of Directors on December 16, 2014, and was included as part of the State of Alabama s Consolidated Plan, to be approved by the U.S. Department of Housing and Urban Development (HUD). Please note that the Plan was not approved by HUD prior to the AHFA Board of Directors approval of the projects listed below for funding, and each listed commitment may be reduced or terminated if AHFA does not have available the expected amount of HOME Funds or if there is a change in applicable laws or regulations. HUD may approve the Plan in its proposed form, may approve the Plan contingent upon certain changes, or may require AHFA to restructure the Plan materially. Consequently, AHFA s funding allocations under the Plan, including its obligations under HOME commitments, are contingent upon HUD s approval of the Plan, as submitted to HUD, and are subject to any changes to the Plan that HUD may require and to any unexpected reduction or termination of the available amount of HOME Funds. Disclaimer Concerning Expenditures FOR THE FOREGOING REASONS, NO PROJECT ON THE FOLLOWING LIST IS ENTITLED TO HOUSING CREDITS UNTIL THE ABOVE CONTINGENCIES HAVE BEEN RESOLVED, AND EACH PROJECT OWNER IS FULLY AT RISK, WITHOUT RECOURSE TO AHFA, FOR ANY FUNDS EXPENDED IN THE MEANTIME. Please contact AHFA if you notice any errors on the list pertaining to your submitted application(s). Rev. 6/24/2015 Page 1 of 5

2015003 Somerby Place Somerby Place, LP Tax Credit $1,274,618 Somerby Drive 3825 Paces Walk SE, Ste 100 Mobile, AL 36695 Atlanta, GA 33039 Mobile County 112 Units Housing Credit Kevin Buckner Telephone Number: 678-324-5550 2015008 Country Village 270 Executive Drive Greenville, AL 36037 Butler County 38 Units Housing Credit Greenville II Housing, LLLP 809 22nd Ave Tax Credit $262,166 2015009 Bedford Pines 820 Vanity Fair Drive Butler, AL 36904 Choctaw County 44 Units Housing Credit Butler III Housing, LLLP 809 22nd Ave Tax Credit $332,801 2015010 Pinewood Apartments 201 Bell Grayson Road Demopolis, AL 36732 Marengo County 30 Units Housing Credit Demopolis II Housing, LLLP 809 22nd Ave. Tax Credit $219,087 2015011 Mountain View Village Apartments 111 Alabama Avenue Columbiana, AL 35051 Shelby County 60 Units Housing Credit Mountain View, Ltd. 730 N. Dean Road, Suite 100 Auburn, AL 36830 Fred Bennett Telephone Number: 334-321-0529 Tax Credit $832,085 Rev. 6/24/2015 Page 2 of 5

2015022 Jackson Apartments THA Jackson Apartments, Ltd. Tax Credit $1,185,610 4101 21st Street 527 A Main Avenue Northport, AL 35476 Tuscaloosa County 80 Units Housing Credit Riley Hollyhand Telephone Number: 205-345-0955 2015030 Lenox Park Old Blue Spring Road NW Huntsville, AL 35810 Madison County 60 Units Housing Credit Lenox Park, L.P. PO Box 69 Rogersville, AL 35652 Travis Lee Butler III Telephone Number: 256-247-5059 Tax Credit $714,714 2015033 Jasmine Trails Apartments Oak Rd. W. Gulf Shores, AL 35642 Baldwin County 72 Units Housing Credit Jasmine Trails Apartments, Ltd. 803 Hermitage Drive, Ste 311 Florence, AL 35630 Thomas N. Ward Telephone Number: 256-335-3990 Tax Credit $828,342 2015040 Highland Manor 2040 Highland Ave S Birmingham, AL 35205 Jefferson County 111 Units Housing Credit Highland Manor Apartments, Ltd. 2101 Highland Ave S, Ste 110 Birmingham, AL 35205 Steven Hydinger Telephone Number: 205-639-5070 Tax Credit $950,138 2015045 Gibbs Manor 200 Gibbs Street Troy, AL 36081 Pike County 33 Units Housing Credit Gibbs Manor, L.P. PO Drawer 2727 Opelika, AL 36803 John Huff Telephone Number: 334-749-0885 Tax Credit $239,604 Rev. 6/24/2015 Page 3 of 5

2015046 Valley Manor Valley Manor, L.P. Tax Credit $207,624 712 Damascus Road PO Drawer 2767 Enterprise, AL 36330 Opelika, AL 36803-2767 Coffee County 27 Units Housing Credit John Huff Telephone Number: 334-749-0885 2015049 Hidden Pointe Apartments 70 Hughes Street Daleville, AL 36322 Dale County 50 Units Housing Credit Hidden Pointe Apartments, Ltd PO Box 6657 Dothan, AL 36302 Gary Hall Telephone Number: 334-794-2678 Tax Credit $317,494 2015050 Columbus Square I Columbus St & N. Bainbridge Montgomery, AL 36104 Montgomery County 80 Units Housing Credit Columbus Square I, LLC 200 S. Division Street Buffalo, NY 14204 Paula Rhodes Telephone Number: 813-933-0629 Tax Credit $1,022,117 2015053 Raintree Apartments 21 Harrison Street Rainsville, AL 35986 DeKalb County 24 Units Housing Credit Raintree Rainsville, Ltd. PO Box 71330 Tuscaloosa, AL 35407 Mark English Telephone Number: 205-722-9331 Tax Credit $162,521 Rev. 6/24/2015 Page 4 of 5

2015005 Mockingbird Pointe II Mockingbird Pointe II, L.P. Tax Credit $518,027 Rumbley Road 135 N. Washington Street HOME $1,425,000 Monroeville, AL 36460 Summerville, GA 30747 Monroe County 40 Units HOME/Housing Credit Annamarie Braden Telephone Number: 706-857-1414 2015006 Red Oak Ridge Ragland Street Lincoln, AL 35096 Talledega County 42 Units HOME/Housing Credit Red Oak Ridge, Ltd. 210 Lenwood Road Decatur, AL 35603 Terry Mount Telephone Number: 256-306-0469 Tax Credit $633,860 HOME $1,490,650 2015035 Creekview Village Cross Point Drive Florence, AL 35633 Lauderdale County 56 Units HOME/Housing Credit Creekview Village, Ltd. 803 Hermitage Drive, Suite 310 Florence, AL 35630 Amy Montgomery Telephone Number: 256-762-2226 Tax Credit $627,995 HOME $1,563,980 2015007 Shiloh Century Park Blvd Opelika, AL 36801 Lee County 56 Units CHDO HOME/Housing Credit 2015014 The Village at Millbrook 95 Colonial Plaza Street Millbrook, AL 36054 Elmore County 56 Units CHDO HOME/Housing Credit Shiloh, Ltd. PO Box 409 Auburn, AL 36831-0409 Ann Marie Rowlett Telephone Number: 334-321-0529 The Village at Millbrook, Ltd. 1909 Central Pkwy SW Decatur, AL 35601 Michael Shafer Telephone Number: 256-260-3173 Tax Credit $765,692 HOME $1,217,660 Tax Credit $751,737 HOME $914,250 Rev. 6/24/2015 Page 5 of 5