Dear Member of Congress,

The undersigned businesses and organizations, representing a coalition of over 900 national, state and local affordable stakeholders, urge the 113th Congress to extend the minimum 9 percent Low- Income Housing Tax Credit (Housing Credit) rate for new construction and substantial rehabilitation, and establish a minimum 4 percent rate for the acquisition of , before it adjourns.

While we believe the minimum 9 and 4 percent Housing Credit rates should be made permanent, a temporary extension of these provisions for at least two years will still significantly strengthen the Housing Credit at virtually no additional cost to taxpayers. We urge Congress to make these critical changes as soon as possible.

The Housing Credit, America’s main tool for financing affordable rental housing, has produced or preserved over 2.7 million affordable homes since it was created in 1986. However, while demand for affordable rental housing is at an all-time high, financing these homes has become more difficult – especially with the expiration of the minimum 9 percent Housing Credit rate at the end of 2013.

Housing Credit rates are currently determined by a complex formula (known as the “floating rate”) tied to ever-changing federal borrowing rates. The lower that federal borrowing rates fall, the lower the Housing Credit rate becomes, which in turn reduces the equity available for individual developments. Because federal borrowing rates have sunk to historic lows, there is now 15 to 20 percent less Housing Credit equity available for any given property than Congress originally envisioned. Without sufficient equity, many worthwhile properties are simply impossible to finance.

Properties underwritten with the floating rate generally either require other funding sources to help fill the financing gap or must charge rents at levels that allow for higher levels of debt service. Unfortunately, other gap financing sources, such as HUD programs and state financing, are strained and have an extremely limited capacity to meet financing needs. Without the flexibility to provide increased Housing Credit equity, some properties simply will not move forward. Often, these are properties that meet strategic needs, for example serving target populations or located in areas that have access to transportation or other infrastructure. The flexibility to provide this additional equity has become more and more important as construction costs have climbed, incomes have stagnated and soft financing sources have become more limited in recent years.

Setting minimum credit rates results in no substantial costs to taxpayers. Each state’s annual Housing Credit allocation is determined by its population – not credit rates. Moreover, minimum credit rates do not mean that developers are automatically awarded higher credit amounts. States are statutorily mandated to provide no more Housing Credit equity than necessary to make a deal feasible. The minimum credit rate simply provides states the flexibility to increase equity if it is necessary, and only to the extent to which it is required for viability. States take this responsibility seriously, as it is in their interest to stretch affordable resources as far as possible. The floating rate, however, makes it difficult for states to allocate scarce resources as effectively, impacting the communities and residents that rely on them.

Congress temporarily set a minimum Housing Credit rate of 9 percent for new construction and substantial rehabilitation in the Housing and Economic Recovery Act of 2008. It then extended the

1

minimum 9 percent rate in the American Taxpayer Relief Act of 2012. That extension expired at the end of 2013. In the absence of congressional action to further extend this provision, credit rates are once again subject to the floating rate system. Since then, legislation to enact permanent minimum 9 and 4 percent credit rates has secured broad bipartisan support in both the and the Senate. Minimum 9 and 4 percent credit rates were also approved in the Senate Finance Committee’s Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act on a bipartisan basis in April 2014.

We ask that Congress act quickly to strengthen the Housing Credit once again by approving minimum credit rates, which will have minimal costs but significant impacts on affordable housing development.

Sincerely,

ACTION Co-Chairs Ballard Spahr, LLP Enterprise Community Partners Bryan Cave, LLP National Council of State Housing Agencies Center for American Progress Action Fund Centerline Capital Group ACTION Steering Committee Members Certified Commercial Investment Member Affordable Housing Tax Credit Coalition Association Council of Affordable and Rural Housing Corporation for Supportive Housing Council of Large Authorities City Real Estate Advisors CSH CohnReznick Housing Advisory Group The Community Builders, Inc. Housing Partnership Network Council of Development Finance Agencies Local Initiatives Support Corporation/National Council of State Community Development Equity Agencies Fund Enterprise Community Investment Mercy Housing Inc. Enterprise Homes National Association of Homebuilders Equity Residential National Association of Housing and Federation of Appalachian Housing Enterprises, Redevelopment Officials Inc. National Association of State and Local Equity Great Lakes Capital Fund Funds Habitat for Humanity International National Housing and Rehabilitation Holland & Knight Association Liz Bramlet Consulting National Housing Conference Klein Hornig LLP National Housing Trust Housing Assistance Council National Multifamily Housing Council Housing Trust of America Stewards of Affordable Housing for the Future Hudson Housing Capital Volunteers of America Institute of Real Estate Management LeadingAge National/Regional Members Low Income Investment Fund Affordable Housing Investors Council Meridian Investments Alliant Capital Michaels Development Company Realty Advisors (ARA) Midwest Housing Equity Group, Inc. Balfour Beatty Construction Mortgage Bankers Association

2

National Affordable Housing Management Novogradac & Company LLP Association Pacific West Communities, Inc. National Alliance of Comm. Econ. Dev. PIRHL Associations PNC Real Estate National Apartment Association Prudential Affordable Mortgage Company National Assoc. of Affordable Housing Lenders RBC Capital Markets – Tax Credit Equity National Assoc. of Local Housing Finance Group Agencies Recap Real Estate Advisors National Assoc. for County Community Reno & Cavanaugh, PLLC Economic Dev. Pillsbury Winthrop Shaw Pittman, LLC National Community Land Trust Network Selfhelp Community Services National Development Council Smart Growth America National Equity Fund Southeastern Affordable Housing Management National Foundation of Affordable Housing Assoc. Solutions Squire Sanders National Housing Law Project TAG Associates, Inc. National Leased Housing Association Tax Credit Group of Marcus & Millichap National Low Income Housing Coalition TCAM Asset Management National NeighborWorks Association U.S. Green Building Council National Resources Defense Council U.S. Vets Initiative National Trust Community Investment Vitus Group Corporation WNC & Associates, Inc. NDC Corporate Equity Fund, LP. The Woda Group, LLC The NHP Foundation Nixon Peabody LLP

Local ACTION Members by State

Alabama Alaska Alabama Council for Affordable Rural Housing Alaska Coalition on Housing and Arbour Valley Development Cook Inlet Housing Authority Arlington Properties, Inc. NeighborWorks Anchorage The Bennett Group Sitka Community Development Corporation City of Mobile Community Planning and Development Arizona Development Services Inc. A New Leaf, Inc. Frost, Cummings/Tidwell Group, LLC Arizona Housing Alliance Morrow Companies Comite de Bien Estar South East Alabama Self-Help Association, Inc. Corporate Social Responsibility Foundation for Senior Living Guadalupe Community Development Corp. Milestone Housing Development Corp. Native American Connections

3

Pima County CDNC Charities Housing PPEP Microbusiness & Housing Development Chelsea Investment Corporation Corp. Community Economics, Inc. Tonalea Chapter Community Housing Assistance Program, Inc. UMOM New Day Centers Community Housing Improvement Program [CHIP] Arkansas Community Revitalization and Development Affordable Housing Association of Arkansas Corp. AR Development Finance Authority Desert Manna Arkansas Coalition of Housing and EAH Housing (also listed in Hawaii) Neighborhood-Growth for Empowerment Eden Housing, Inc. (ACHANGE) Episcopal Community Services of San Francisco Arkansas NAHRO Gar-Mar Associates Boys, Girls, Adults Community Development Habitat for Humanity of Greater Los Angeles Center Highridge Costa Housing Partners, LLC. Des Arc Housing Authority Housing Authority of San Luis Obispo Housing Authority of Hot Springs [HASLO] Housing Authority of Star City Housing California Jonesboro Housing Authority Housing On Merit Judsonia Housing Authority Housing Resource Connection Mississippi County Public Facilities Board Irvine Housing Opportunities, Inc. Northwest Regional Housing Authority LifeSTEPS PDC Companies Laurin Associates Siloam Springs Housing Authority Merritt Community Capital Corporation Texarkana Arkansas Housing Authority MidPen Housing Corp. White River Regional Housing Authority Mutual Housing California NeighborWorks Orange County California Non-Profit Housing Association of Northern A Community of Friends California Affirmed Housing Group Palm Communities Affordable Housing Associates People Self Help Housing AMCAL Multi-Housing, Inc. Related California Bocarsly Emden Cowan Esmail & Arndt, LLP Resources for Community Development (also listed in Maryland) Rural Community Assistance Corporation BRIDGE Housing (RCAC) Burbank Housing Development Corporation Sacramento Housing Alliance Cabrillo Economic Development Corporation San Diego Housing Federation California Coalition for Rural Housing San Fernando Valley Homeless Coalition California Council of Affordable Housing Self-Help Enterprises California Dept. Housing & Community Southern California Association of Non-Profit Development Housing California Housing Consortium SRO Housing Corporation Century Housing Corporation Sun Country Builders California Housing Partnership Corporation Thomas Safran & Associates 4

Transition House Delaware Valley Development Company Urban Housing Communities, LLC. Leon N. Weiner & Associates, Inc. Wakeland Housing and Development Woodlawn Trustees, Inc. Corporation Wasatch Advantage Group, LLC. District of Columbia Western Community Housing, Inc. Housing Assoc. of Nonprofit Developers (also Women Organizing Resources, Knowledge and listed in Virginia and Maryland) Service Institute for Responsible Housing Preservation Jubilee Housing, Inc. Colorado Adams County Housing Authority Florida Aurora Housing Authority Ability Housing The Burgwyn Co., LLC. AmeriNational CARE Housing Services Arrington Financial Capital, LLC Community Resources and Housing The Auburn Group Development Corporation Beneficial Communities Community Restoration Partners, LLC Biscayne Housing Group Fort Collins Housing Authority Blue Sky Communities, LLC. Grand Junction Housing Authority Broad and Cassel Homeward 2020 Carrfour Supportive Housing Housing Colorado Centennial Management Julesburg Housing Authority Coalition of Affordable Housing Providers Medici Communities, LLC. Community Realty Agency & Information Monroe Group Ltd. Group RCH Jones Consulting Delray Beach Housing Authority S.B. Clark Companies Florida Alliance of CDCs San Miguel Regional Housing Authority Florida Council for Affordable and Rural SERVE 6.8 Housing South Metro Housing Options Florida Supportive Housing Coalition Steele Properties, LLC. The Gatehouse Group, Inc. Urban Residential Partners Global Development Initiatives, LLC. Wolf Family I, Inc. Green Mills Housing Trust Group, LLC. Connecticut Innerprise Connecticut Housing Coalition JPM Development, LLC. Mutual Housing Assoc. of Southwestern Kiss & Company, Inc. Connecticut Landmark Companies, Inc. New Neighborhoods, Inc. MCJ Associates, LLC Urban Initiatives Norfolk, LLC Vesta Corporation Norstar Development USA The NRP Group Delaware The NuRock Companies Delaware Community Investment Corporation Orange State Construction, Inc. Delaware Housing Coalition Picerne Development Corp of Florida 5

Pinellas County Housing Authority Housing Hawaii Pinnacle Housing Group, LLC. Management Specialists Co. Raymond James Tax Credit Funds, Inc. Related Urban Idaho The Richman Group of Florida, Inc. New Beginnings Housing, LLC. Roundstone Development, LLC. The Pacific Companies Royal American Somerset Pacific South Florida Community Development Thomas Development Co. Corporation Southport Financial Services, Inc. Illinois Tacolcy Economic Development Corp. Applegate & Thorne-Thomsen, PC Wendover Housing Partners, Inc. Bickerdike Redevelopment Corporation Vestcor Development Corp, Inc. Brinshore Development, LLC West Palm Beach Housing Authority Chicago Community Development Corporation Chicago Rehab Network Georgia City of Chicago Affordable Housing America, Inc. Cook County Housing Authority Alliance Fund Advisors Full Circle Communities, Inc. Ambling Management Company General Capital Management Inc. American Covenant Senior Housing Foundation, Great Lakes Capital Fund (listed in multiple Inc. states) Athens Land Trust Housing Action Illinois Atlanta Neighborhood Development Partnership Illinois Housing Council Charis Community Housing, Inc. Laborers’ Home Development Corp. Delmar Realty Advisors Madison County Housing Authority Georgia Affordable Housing Coalition MB Financial Bank The Integral Group Metroplex, Inc. JBH Ministries, Inc. North Chicago Housing Authority Mansermar Inc. Peoria Citizens Committee for Economic Mize & Mize Opportunity, Inc. ORION Real Estate Services, Inc. The Renaissance Companies Paces Foundation The Resurrection Project Partnership Housing Affordable to Society SE Clark & Assoc. Inc. Everywhere Springfield Housing Authority Pittsburgh Community Improvement Winnebago County Housing Authority Association, Inc. Project Interconnections, Inc. Indiana Rea Ventures Group, LLC Affordable Housing Association of Indiana SUMMECH CDC Affordable Housing Corporation Tapestry Development Group Dauby, O’Connor & Zaleski, LLC.’ Fort Wayne Housing Authority Hawaii God’s Helping Hand EAH Housing (also listed in California) Great Lakes Capital Fund (listed in multiple Hawaii Housing Finance, LLC. states) 6

Herman & Kittle Properties, Inc. HOPE of Kentucky, LLC. Indiana Association for Community Economic Housing Partnership, Inc. Development Kentucky Housing Corporation Indiana Health Centers Inc. KY Senior Citizens Keller Development, Inc. LDG Development, LLC. Neighborhood Development Associates, LLC Marian Development Group, LLC. New Generation Management, Inc. TWG Development Louisiana Valenti Development, LLC Bauer Compliance & Consulting Brownstone Affordable Housing Ltd. Iowa Centerpointe Regional Housing Development, Affordable Housing Network, Inc. LLC Anawim Housing Greater New Orleans Housing Alliance AEGON USA Realty Advisors, LLC. Gulf Coast Housing Partnership Barnes Realty Harmony Neighborhood Development Burns & Burns, LC Housing Authority of the City of Shreveport Community Housing Initiatives, Inc. Louisiana Assoc. of Affordable Housing Fort Madison Housing Authority Providers J. Development Company Louisiana Community Reinvestment Coalition Hatch Development Group Louisiana Housing Council Home Builders Association of Iowa Mt. Pleasant Community Development Midwest Housing Equity Group, Inc. (listed in Corporation, Inc. multiple states) Neville Development Perennial Property Management Providence Community Housing Polk County Housing Trust Fund Rural Rental Housing Assoc. of Louisiana, Inc. Simonson & Associates Architects, LLC Standard Enterprises, Inc. Statewide Louisiana Community Reinvestment Kansas Coalition Cohen-Esrey Real Estate Services, LLC. Homestead Affordable Housing, Inc. Maine Kansas City Equity Fund, LLC. (also listed in Auburn Housing Authority Missouri) Avesta Housing Kansas Housing Resources Corporation Community Housing of Maine Midwest Housing Equity Group, Inc. (listed in Developers Collaborative multiple states) Freeport Housing Trust Overland Property Group, LLC Maine Affordable Housing Coalition Topeka Housing Authority Maine Workforce Housing, LLC. Vintage Construction, LLC Northern New England Housing Investment Fund Kentucky Penquis Housing, Inc. AU Associates, Inc. The Wishcamper Companies, Inc. FAHE Capital Corporation Family Scholar House Homeless and Housing Coalition of Kentucky 7

Maryland Massachusetts Housing Investment Corporation Bocarsly Emden Cowan Esmail & Arndt, LLP NeighborWorks Southern Mass (also listed in California) New England Housing Network Chesapeake Community Advisors, Inc. North Shore Community Development Coalition Comprehensive Housing Assistance, Inc. Norwood Housing Authority (CHAI) Baltimore Strategic Tax Credit Investments, LLC. Homes for America VIET-AID The House of Easterling Women’s Inst. for Housing & Economic Housing Assoc. of Nonprofit Developers (also Development listed in Virginia and DC) Howard County Housing Michigan HTA Development, LLC. Community Economic Development Assoc. of Maryland Affordable Housing Coalition Michigan Maryland Asset Building and Community Disability Advocates of Kent County Development Network Great Lakes Capital Fund (listed in multiple Montgomery Housing Partnership states) NeighborWorks Capital Inner City Christian Federation Riverside Advisors LLC Michigan Disability Housing Work Group Roots of Mankind Corp. Michigan Housing Council The Shelter Group MORC Home Care T.M. Associates, Inc. Neighborhood Service Organization Victory Housing, Inc. Occupancy Solutions, LLC Ojibway Development, LLC. Massachusetts Plante Moran Asian Community Development Corporation Werth Development LLC B’nai B’rith Housing Boston Capital Minnesota Boston Financial Investment Management Aeon Candeur Group Alliance Housing Inc. Carlisle Tax Credit Advisors Artspace Projects, Inc. Citizens’ Housing and Planning Association Augusta Ventures, LLC. Clocktower Tax Credit Investments, LLC. Center City Housing Corp. Codman Square Neighborhood Development CommonBond Communities Corp. Diversified Equities Corporation Dorchester Bay Economic Development D.W. Jones, Inc. Corporation Dominium Development and Acquisitions, Edwards Wildman Palmer LLP L.L.C. First Financial Management Corporation Greater Minnesota Housing Fund Housing Corporation of Arlington Hope Community Inc. Homeowners Rehab, Inc. Housing Preservation Project Jamaica Plain Neighborhood Development Mahoney Ulbrich Christensen Russ P.A. Corporation MetroPlains, LLC. Kevin P. Martin & Associates, P.C The Metropolitan Consortium of Community Madison Park Development Corporation Developers 8

Midwest Minnesota CDC Travois, Inc. Minnesota Housing Partnership Wilhoit Properties Inc. Podawiltz Development Corporation Zimmerman Properties, LLC Project for Pride in Living Real Estate Equities, Inc. Montana Sand Companies, Inc. GL Development LLC SCI Associates, LLC. Great Falls Housing Authority Southwest Minnesota Housing Partnership Housing Authority of Billings Urban Homeworks Housing Solutions, LLC Lee and Co, PC Mississippi Missoula Housing Authority Adams Construction Mountain Plains Equity Corporation Greater Greenville Housing Summit Management Group, Inc. Hughes Spellings Rocky Mountain Development Council Mercy Housing and Human Development Mid-South Housing Foundation Nebraska Mississippi Assoc. of Affordable Housing Cairo Housing Authority Providers Cambridge Housing Authority The Park Companies Cirrus House Inc. Rosedale Corporation Columbus Housing Authority Ross & Yerger Excel Development Group SECDE Ventures, LLC. Fremont Housing Authority South MS Housing & Development Corporation Holy Name Housing Corporation Tunica County CDC Horizon Bank Winters Construction, LLC. Housing Partners of Western Nebraska Lincoln Housing Authority Missouri McCook Housing Agency Affordable Equity Partners Midwest Housing Equity Group, Inc. (listed in Boonville Housing Authority multiple states) Brunswick Housing Authority Nebraska Housing Developers Association Builders Development Corporation Oakland Housing Authority Hamilton Properties Corporation Omaha Economic Development Corp. Hannibal Housing Authority Omaha Housing Authority Housing Authority of Joplin, MO Ord Housing Authority Housing Authority of the City of Jefferson Schuyler Housing Agency Kansas City Equity Fund, LLC. (also listed in Seldin Company Kansas) Urban Housing Partners, LLC. Lee’s Summit Housing Authority Marceline Housing Authority Nevada McCormack Baron Salazar Clark County Community Resources Missouri Workforce Housing Association Management Division Peter & Paul Community Services George Gekakis, Inc. St. Louis Equity Fund, Inc. Nevada Council of Affordable and Rural RubinBrown LLP Housing 9

Nevada HAND Asian Americans for Equality Association for Energy Affordability Inc. New Hampshire Belmont Housing Resources for WNY, Inc. AHEAD, Inc. Benchmark Title Agency, LLC. CATCH Neighborhood Housing Blueprint Properties Concord Coalition to End Homelessness Broadway-Filmore NHS Families in Transition Citizens Against Recidivism, Inc. Housing Action NH Community Action Organization of Erie Laconia Area Community Land Trust County, Inc. NeighborWorks of Greater Manchester Community Development Corp. of Long Island, New Hampshire Public Health Association Inc. NH Coalition to End Homelessness Community Development Trust NH Community Loan Fund Community League of the Heights Tri-County CAP Conifer Realty, LLC. Curtis + Ginsberg Architects LLP New Jersey East Hampton Housing Authority Diocesan Housing Services Corporation of the Edgemere Development Diocese of Camden Evergreen Health Services Hoboken Housing Authority Ewing Planning Services Housing and Community Development Network First Sterling of NJ Fecteau PLLC Housing Authority of Gloucester County Fordham Bedford Housing Corporation The Ingerman Group Great Lakes Capital Fund (listed in multiple MaGrann Associates states) MEND, Inc. Greater Rochester Housing Partnership Mercer Alliance to End Homelessness HANAC, Inc. Monarch Housing Associates Hour Children New Jersey Community Development Housing Visions Corporation The Hudson Companies, Inc. North Haledon Affordable Housing Humand Development Services of Westchester Project Freedom, Inc. Ibero-American Development Corporation Valley National Bank The Institute for Human Services, Inc. Ithaca Neighborhood Housing Services New Mexico Neighborhood Housing Services of New York City of Las Cruces City Housing Trust of Santa Fe New York Housing Conference JL Gray Company New York State Association for Affordable New Mexico Coalition to End Homelessness Housing YES Housing, Inc. Oxford Consulting Inc. PathStone New York Providence Housing Development Corp. 3D Development Group, LLC. R4 Capital, LLC. 42 Equity Partners, LLC. Regan Development Corporation Arbor Housing Development Rochester’s Cornerstone Group, Ltd. 10

Rural Ulster Preservation Company Ohio RUPCO The ABCD, Inc. SFDS Development Corp. Arch City Development Southern Tier Environments for Living Bethel Development Supportive Housing Network of New York Burten, Bell, Carr Development, Inc. Tenderloin Neighborhood Development Center for Closing the Health Gap Corporation Clark Schaefer Hackett Transamerica Equities, LLC Cleveland Housing Network Triboro Real Estate Development, Inc. Columbus Housing Partnership Urbecon LLC Community Action Commission of Fayette West Harlem Group Assistance, Inc. County Community Action Organization of Delaware, North Carolina Madison, and Union Counties, Inc. The Affordable Housing Group of North Cornerstone Corporation for Shared Equity Carolina, Inc. Detroit Shoreway Community Development Blue 22 Development Org. Brock Ventures, Inc. Episcopal Retirement Homes Affordable Living Carolina Bank Famicos Foundation Carolinas Council of Affordable Housing James A. Saad, LLC. Charlotte Mecklenburg Housing Partnership Karen A Graham Consulting, LLC Community Affordable Housing Equity LIHTC Working Group Corporation Miller-Valentine Group Community Management Corporation Mt. Auburn Good Housing Foundation DHIC, Inc. MV Residential Development LLC The Housing Assistance Corporation National Church Residences North Carolina Housing Coalition Ohio Capital Corporation for Housing Partnership Property Management Ohio Housing Council Pressly Development Company, Inc. Ohio Housing Finance Agency Reliance Housing Foundation Rental Partnerships United Developers, Inc. Settlement Star Services, LLC. Weaver-Kirkland Housing, LLC. Slavic Village Development Weaver Cooke Construction Star Title Agency, LLC. William S. Robinson & Associates, Inc. The Wallick Companies Wilson Community Improvement Association WSOS Community Action Commission [WCIA] Workforce Homestead, Inc. Oklahoma Belmont Development Company, LLC North Dakota Blackledge Architects Beyond Shelter, Inc. Catholic Charities of the Archdiocese of Fargo Housing & Redevelopment Authority Oklahoma City Grand Forks Housing Authority C.H.A.R.M.E.D. Lutheran Social Services of North Dakota City Care, Inc. Turtle Mountain Housing Authority Dobson Mortgage Corp. Elk City Housing Authority 11

LIFE Senior Services Philadelphia Association of Community LW Development, LLC Development Corporations Metro First Realty Philadelphia Housing Authority Midwest Housing Equity Group, Inc. (listed in Presbyterian Senior Living multiple states) The Reinvestment Fund Mountain View Housing Authority S&A Homes Oklahoma City Metro Assoc. of REALTORS SEDA-COG Housing Development Corp. Oklahoma Housing Finance Agency United Neighborhood Centers Oklahoma Investment Realty, Inc. United Neighborhood Community Development ORO Development Corporation Corporation REI Oklahoma West Market Management Resco Enterprises, LLC WRT Design Spradling, Kennedy & McPhail, LLP York Housing Authority Sunview Homes Puerto Rico Oregon ERS Consulting Group, LLC. CASA of Oregon Fernando L Sumaza & Company Cascade Management La Fundacion del Perpetuo Socorro Housing Authority of Jackson County Network for Oregon Affordable Housing Rhode Island Northwest Housing Alternatives Amos House Oregon Opportunity Network Barbara Sokoloff Associates REACH Community Development, Inc. Church Community Housing Corp. ROSE Community Development Corporation Coventry Housing Authority United Fund Advisors EastBay Community Development Corp. West Valley Housing Authority House of Hope CDC HOUSING ACTION Coalition of Rhode Island Pennsylvania NeighborWorks Blackstone River Valley Allentown Housing Authority Newport Housing Authority BCM Affordable Housing Olneyville Housing Corporation Community Action Committee of the Lehigh SWAP Inc. Valley, Inc. Valley Affordable Housing Corp. Franklin County Housing Authority HDC MidAtlantic South Carolina The Hickman AMCS Inc. Housing Alliance of Pennsylvania Connelly Builders, Inc. The Housing Authority of the City of Erie CPR Partners Kelly & Close Engineers Credit Capital, LLC NCCDC Douglas Development New Kensington CDC Howell Linkous and Nettles, LLC. Pennrose Properties Southern Development Management Company Pennsylvania Association of Housing & Inc. Redevelopment Agencies

12

South Dakota Horizon Development and Management Aberdeen Housing Authority Housing Authority of Salt Lake City Development for the Disabled Inc. Housing Management and Development GROW South Dakota Corporation Lloyd Companies Neighborhood Nonprofit Housing Corporation NeighborWorks Dakota Homes Resources NeighborWorks Salt Lake Oti Kaga, Inc. Self-Help Homes Taylor Springs Apartments Tennessee Tooele County Housing Authority Bluff City Community Development Utah Community Reinvestment Corporation Corporation Utah NAHRO Weber Housing Authority Texas Anson Housing Authority Banyan Residential Addison County Community Trust, Inc. Builders of Hope CDC Burlington Associates Call to Action – Homeless Veterans Cathedral Square Corporation Conine Residential Group Central Vermont Community Land Trust Crowell Housing Authority Champlain Housing Trust Fort Worth Housing Authority Housing Trust of Rutland County, Inc. Foundation Communities Housing Vermont Georgetown Housing Authority Lamoille Housing Partnership Gregory Housing Authority Vermont Affordable Housing Coalition Housing Authority of El Paso Vermont Center for Independent Living Housing Authority of the City of Alamo Vermont Housing and Conservation Board Lockhart Housing Authority Vermont Housing Finance Agency Locke Lord LLP Vermont State Housing Authority Mount Pleasant Housing Authority Red Stone Equity Partners Virginia Robert T. Pittenger CPA, PC AHC, Inc. Rural Rental Housing Assoc. of Texas, Inc. Alexandria Housing Development Corporation San Antonio Housing Authority Alliance for Housing Solutions Spearman Housing Authority Arlington Partnership for Affordable Housing StoneLeaf Companies Better Housing Coalition Texas Affiliation of Affordable Housing Community Housing Partners Providers Harrisonburg Redevelopment and Housing Texas NAHRO Authority UAH Property Management, Inc. The Haven, Inc. Hopewell Redevelopment and Housing Utah Authority Adams Construction & Management Housing Assoc. of Nonprofit Developers (also Community Development Corp. of Utah listed in Maryland and DC) Crossroads Urban Center, LLC. Newport News Redevelopment & Housing Davis Community Housing Authority Authority 13

NJR Real Estate Consulting Services, LLC Spokane Community Housing Association Northern Virginia Affordable Housing Alliance Spokane Housing Ventures Restoration of Petersburg Community Spokane Low Income Housing Consortium Development Corporation Senior Services Southside Outreach Group, Inc. The Summit Group Virginia Coalition to End Homelessness Upper Valley MEND Virginia Community Development Corporation Walla Walla Housing Authority Virginia Housing Coalition The Washington Low Income Housing Alliance Virginia LISC YWCA Seattle|King|Snohomish Virginia One Development Virginia Supportive Housing West Virginia Wesley Housing Development Corp. of Coalfield Development Corporation Northern Virginia CommunityWorks in West Virginia, Inc. Innovation, LLC. Washington RedClay Development of West Virginia Affordable Community Environments Religious Coalition for Community Renewal Ally Community Development Beacon Development Group Wisconsin Bellingham/Whatcom County Housing Astar Capital Management Authorities Baker Tilly Virchow Krause, LLP Bellwether Housing Cardinal Capital Management Catholic Charities Housing Services Diocese of Community First Inc. Yakima Elizabeth Moreland Consulting, Inc. Common Ground Great Lakes Capital Fund (listed in multiple Community Frameworks states) Housing Authority of Grant County Hirsch Group, LLC. Housing Authority of Kennewick Horizon Development Group, Inc. Housing Dev. Consortium of Seattle-King Inner City Redevelopment Corporation County Journey House InterIm Community Development Association Layton Boulevard West Neighbors, Inc. Imagine Housing SVA Certified Public Accountants, S.C. King County Housing Authority The TheoPRO Group Longview Housing Authority Wisconsin Council for Affordable and Rural Low Income Housing Institute Housing McLoughlin & Associates Wisconsin Housing Preservation Corp. Office of Rural and Farmworker Housing Parkview Services Wyoming Paul Schissler Associates Wyoming Housing Network Plymouth Housing Group SEC Affordable Housing Solid Ground

14

Additional Signatories

Affordable Housing Management Inc. (NC) Mesilla Valley Public Housing Authority (NM) Belmont Shelter Corp. (NY) Metro West Housing Solutions (CO) Benkelman Housing Authority (NE) National Rural Housing Coalition Bremerton Housing Authority (WA) Neighbor to Neighbor (CO) Bristol Redevelopment & Housing Authority Neighborhood Development Alliance (MN) (VA) New Destiny Housing Corporation Brookfield Housing Authority (MO) New Rochelle Municipal Housing Authority Cabot Housing Authority (AR) (NY) Chelsea Housing Authority (MA) Norwalk Housing Authority (CT) City of Olathe (KS) Ohio CDC Association (OH) Clinton Housing Authority (MO) PUSH Buffalo (NY) E&G Group (VA) R&P Oak Hill Development (NY) Excelsior Springs Housing Authority (MO) Rural Alaska Community Action Program (AK) Faith Family Hospitality for Homeless Families Self-Help Enterprises (CA) (CO) SL Associates Inc. (NY) General Capital Group (WI) Southern New Hampshire Services (NH) Hawaiian Community Assets (HI) Southwestern Community Services (NH) Housing and Neighborhood Development Tamaqua Area Community Partnership (PA) Services (PA) Thomas T. Tornow, PC (MT) Housing Authority of Cass County (ND) Tierra del Sol Housing Corporation (NM) Housing Authority of Corpus Christi (TX) Touchstone Health Partners (CO) Housing Authority of the City of Goldsboro Valley Community Development Corporation (NC) (MA) Housing Finance Authority of Palm Beach Valley Housing Development (PA) County (FL) Vermont Department of Housing and Housing Partnerships Inc. (IN) Community Development (VT) Margert Community Corporation (NY) Wilkin & Guttenplan PC (NJ) Mary Lee Foundation (TX) Yellow Springs Home, Inc. (OH)

15