Common use of Assisted Living Facility Clause in Contracts

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % EXHIBIT E Number of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. **This column is only for LIHTC units that are at 50% AMI as indicated in Section 4(a)(1) of this XXXX Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % EXHIBIT E Number of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI) 4-Bedroom Units (60% AMI) *Exhibit E is inapplicable to 4% tax credit projects. 1 Section 3(h)(3) and Exhibit E are inapplicable to 4% tax credit projects. If this is a 4% tax credit project, leave both Section 3(h)(3) and Exhibit E blank, and check the box in Section 3(h)(4). Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants Between Development Owner and Arkansas Development Finance Authority

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % EXHIBIT E Number LIHTC units can float but may NOT be used to satisfy affordability requirements of Units Original Net Rent/Month 1any additional ADFA funding sources including, but not limited to HOME-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)assisted housing units. Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants Between Development Owner and Arkansas Development Finance Authority

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % EXHIBIT E Number Land Use Restriction Agreement and Declaration of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)Land Use Restrictive Covenants Between Development Owner and Arkansas Development Finance Authority

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. **This column is only for LIHTC units that are at 50% AMI as indicated in Section 4(a)(1) of this XXXX Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % EXHIBIT E Number of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % EXHIBIT E Number LIHTC units may NOT be used to satisfy affordability requirements of Units Original Net Rent/Month 1any additional funding sources including, but not limited to HOME-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)assisted housing units. Land Use Restriction Agreement and Declaration of Land Use Restrictive Covenants Between Development Owner and Arkansas Development Finance Authority

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % *30% LIHTC units may NOT be used to satisfy affordability requirements of any additional funding sources including, but not limited to HOME-assisted housing units. **This column is only for LIHTC units that are at 50% AMI as indicated in Section 4(a)(1) of this XXXX Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% **50% 60% Applicable Fraction % EXHIBIT E Number of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)) 4-Bedroom Units (60% AMI) *Exhibit E is inapplicable to projects with 4% tax credit bond financing.

Assisted Living Facility. Throughout the term of this AGREEMENT, unless otherwise permitted by the Authority, the Development Owner will maintain the Development as an Assisted Living Facility, licensed as such by the Arkansas Department of Human Services, as set forth in the Application. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % *30% LIHTC units can float but may NOT be used to satisfy affordability requirements of any additional ADFA funding sources including, but not limited to HOME-assisted housing units. EXHIBIT D BUILDING DESIGNATION & ADDRESS; UNIT & INCOME DESIGNATION; APPLICABLE FRACTION Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % Each Building Designation & Address (Include BIN Number from Carryover Documentation) # of Total Units # of LIHTC Units # of Market Units # of Mgr. Units # of Units Based Upon % Income Restriction *30% 50% 60% Applicable Fraction % EXHIBIT E Number of Units Original Net Rent/Month 1-Bedroom Units (30% AMI) 1-Bedroom Units (50% AMI) 1-Bedroom Units (60% AMI) 2-Bedroom Units (30% AMI) 2-Bedroom Units (50% AMI) 2-Bedroom Units (60% AMI) 3-Bedroom Units (30% AMI) 3-Bedroom Units (50% AMI) 3-Bedroom Units (60% AMI) 4-Bedroom Units (30% AMI) 4-Bedroom Units (50% AMI)%