Belvedere Assisted Living Community



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Award Date: 5/28/15 Belvedere Assisted Living Community 343 East 90 th Street Merrillville, IN 46410 Lake County New Construction Elderly-Assisted Living Bravo Properties, LLC Zach Leonard 60% of AMI: 126 Efficiency: 56 50% of AMI: 0 One bedroom: 70 40% of AMI: 0 Two bedroom 0 40% of AMI: 0 Three bedroom: 0 Total units: 126 TOTAL PROJECTED COSTS: $23,758,879 COST PER SQUARE FOOT: $221.83 CREDIT REQUESTED: $597,419 CREDIT RECOMMENDED: $597,419 BOND VOLUME REQUESTED: $17,500,000 BOND VOLUME RECOMMENDED: DEVELOPMENT FUND REQUESTED: DEVELOPMENT FUND RECOMMENDED: $17,500,000 $500,000 $500,000 2014A-B-011 IN-15-01700 DEVELOPMENT FUND LOAN NUMBER: DLF-015-109 FINAL SCORE: 56

Award Date: 5/28/15 Concord Commons I 2002 Hanley Street Gary, IN 46406 Lake County 60% of AMI: 156 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 100 40% of AMI: 0 Three bedroom: 32 Total units: 156 TOTAL PROJECTED COSTS: $7,937,831.00 COST PER SQUARE FOOT: $48.35 CREDIT REQUESTED: $261,563.00 CREDIT RECOMMENDED: $261,563.00 BOND VOLUME REQUESTED: $5,210,200.00 BOND VOLUME RECOMMENDED: $5,210,200.00 2015A-B-001 IN-15-01800 FINAL SCORE: 45.50

Award Date: 5/28/15 Concord Commons II 1901-1920 Burr Street Gary, IN 46406 Lake County 60% of AMI: 198 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 174 40% of AMI: 0 Three bedroom: 0 Total units: 198 TOTAL PROJECTED COSTS: $9,768,895.00 COST PER SQUARE FOOT: $59.41 CREDIT REQUESTED: $323,972.00 CREDIT RECOMMENDED: $323,972.00 BOND VOLUME REQUESTED: $6,438,600.00 BOND VOLUME RECOMMENDED: $6,438,600.00 2015A-B-002 IN-15-01900 FINAL SCORE: 49.50

Award Date: 5/28/15 Woodlake Village I 8901 E. 5 th Ave. Gary, IN 46403 Lake County 60% of AMI: 264 Efficiency: 0 50% of AMI: 0 One bedroom: 32 40% of AMI: 0 Two bedroom 216 40% of AMI: 0 Three bedroom: 16 Total units: 264 TOTAL PROJECTED COSTS: $13,639,401.00 COST PER SQUARE FOOT: $54.65 CREDIT REQUESTED: $434,032 CREDIT RECOMMENDED: $434,032 BOND VOLUME REQUESTED: $9,122,900 BOND VOLUME RECOMMENDED: $9,122,900 2015A-B-003 IN-15-02000 FINAL SCORE: 44.5

Award Date: 5/28/15 Woodlake Village II 9101 East 5 th Ave. Gary, IN 46403 Lake County 60% of AMI: 170 Efficiency: 0 50% of AMI: 0 One bedroom: 25 40% of AMI: 0 Two bedroom 145 40% of AMI: 0 Three bedroom: 0 Total units: 170 TOTAL PROJECTED COSTS: $8,956,170.00 COST PER SQUARE FOOT: $57.41 CREDIT REQUESTED: $287,516 CREDIT RECOMMENDED: $287,516 BOND VOLUME REQUESTED: $5,775,700 BOND VOLUME RECOMMENDED: $5,775,700 2015A-B-004 IN-15-02100 FINAL SCORE: 44.5

Award Date: 5/28/15 Woodlake Village III 9001 East 5 th Ave. Gary, IN 46403 Lake County 60% of AMI: 64 Efficiency: 0 50% of AMI: 0 One bedroom: 56 40% of AMI: 0 Two bedroom 8 40% of AMI: 0 Three bedroom: 0 Total units: 64 TOTAL PROJECTED COSTS: $3,733,992.00 COST PER SQUARE FOOT: $78.00 CREDIT REQUESTED: $118,566.00 CREDIT RECOMMENDED: $118,566.00 BOND VOLUME REQUESTED: $1,731,300.00 BOND VOLUME RECOMMENDED: $1,731,300.00 2015A-B-005 IN-15-02200 FINAL SCORE: 44.5

Award Date: 5/28/15 MAH Northside Flats L.P. 1235 N. Delaware; 1445 N. Delaware; 1304 N. Delaware; 1215 N. Pennsylvania Indianapolis, IN 46202 Marion County 60% of AMI: 219 Efficiency: 127 50% of AMI: 0 One bedroom: 89 40% of AMI: 0 Two bedroom 3 40% of AMI: 0 Three bedroom: 0 Total units: 219 TOTAL PROJECTED COSTS: $19,146,873.00 COST PER SQUARE FOOT: $121.00 CREDIT REQUESTED: $558,933.00 CREDIT RECOMMENDED: $558,933.00 BOND VOLUME REQUESTED: $11,500,000.00 BOND VOLUME RECOMMENDED: $11,500,000.00 2015A-B-007 IN-15-02300 FINAL SCORE: 40

Award Date: 7/23/15 SITE LOCATIONS: DBG Properties, LLC 700 Indiana Street & 506 Illinois Street Walkerton, IN 46574 St. Joseph County 204-206 E. Harrison Street North Liberty, IN 46554 St. Joseph County 300 Meadow Lane Liberty, IN 47353 Union County 600 N. Morton Street Centerville, IN 47330 Wayne County Elderly & DBG Properties, L.P. Steven K.Walters Mitch L. Walters 60% of AMI: 118 Efficiency: 0 50% of AMI: 0 One bedroom: 20 40% of AMI: 0 Two bedroom 98 40% of AMI: 0 Three bedroom: 0 Total units: 118 TOTAL PROJECTED COSTS: $7,508,234 COST PER SQUARE FOOT: $79 CREDIT REQUESTED: $215,585.00 CREDIT RECOMMENDED: $215,585.00 BOND VOLUME REQUESTED: $4,380,000.00 BOND VOLUME RECOMMENDED: $4,380,000.00 DEVELOPMENT FUND REQUESTED DEVELOPMENT FUND RECOMMENDED $450,000.00 $450,000.00 2015A-B-006 IN-15-02400 DEVELOPMENT FUND LOAN NUMBER DFL-015-111 FINAL SCORE: 74.67

Award Date: 8/27/15 River Run Apartments 740 Prairie Street Elkhart, IN 46516 Elkhart County American Community Developers, Inc. John K. Zollinger, Jr. Gerald Krueger 60% of AMI: 120 Efficiency: 0 50% of AMI: 0 One bedroom: 30 40% of AMI: 0 Two bedroom 60 40% of AMI: 0 Three bedroom: 30 Total units: 120 TOTAL PROJECTED COSTS: $11,393,349 COST PER SQUARE FOOT: $94.00 CREDIT REQUESTED: $355,825.00 CREDIT RECOMMENDED: $355,825.00 BOND VOLUME REQUESTED: $4,900,000.00 BOND VOLUME RECOMMENDED: $4,900,000.00 2015A-B-008 IN-15-02700 FINAL SCORE: 66.5

Award Date: 8/27/15 Claystone at the Crossing I 548 Westchester Lane Lafayette, IN 47909 Tippecanoe County Integra Property Group, LLC Integra Property Group, LLC 60% of AMI: 182 Efficiency: 0 50% of AMI: 0 One bedroom: 26 40% of AMI: 0 Two bedroom 111 40% of AMI: 0 Three bedroom: 43 Market Rate: 0 Four bedroom: 2 Total units: 182 TOTAL PROJECTED COSTS: $17,595,396 COST PER SQUARE FOOT: $92.00 CREDIT REQUESTED: $558,462.00 CREDIT RECOMMENDED: $558,462.00 BOND VOLUME REQUESTED: $8,000,000.00 BOND VOLUME RECOMMENDED: $8,000,000.00 2015A-B-009 IN-15-02800 FINAL SCORE: 78

Award Date: 8/27/15 Claystone at the Crossing II 548 Westchester Lane Lafayette, IN 47909 Tippecanoe County Integra Property Group, LLC Integra Property Group, LLC 60% of AMI: 141 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 89 40% of AMI: 0 Three bedroom: 28 Total units: 141 TOTAL PROJECTED COSTS: $13,739,897 COST PER SQUARE FOOT: $98.00 CREDIT REQUESTED: $437,308.00 CREDIT RECOMMENDED: $437,308.00 BOND VOLUME REQUESTED: $7,000,000.00 BOND VOLUME RECOMMENDED: $7,000,000.00 2015A-B-010 IN-15-02900 FINAL SCORE: 69

Award Date: 9/24/15 Lillie Gardens 3323 Diplomat Drive Fort Wayne, IN 46807 Allen County Lillie Gardens LP Ifeanyi Osili Lillie Gardens TWG GP, LLC 60% of AMI: 136 Efficiency: 0 50% of AMI: 4 One bedroom: 140 40% of AMI: 0 Two bedroom 0 40% of AMI: 0 Three bedroom: 0 Total units: 140 TOTAL PROJECTED COSTS: $9,382,241 COST PER SQUARE FOOT: $130 CREDIT REQUESTED: $353,311.00 CREDIT RECOMMENDED: $353,311.00 BOND VOLUME REQUESTED: $5,000,000.00 BOND VOLUME RECOMMENDED: $5,000,000.00 2015A-B-011 FINAL SCORE: 83

Award Date: 10/22/15 The Gardens of Van Buren 1545 Van Buren Street Indianapolis, IN 46203 Marion County New Construction GVB, LP Pamela Schiesz Louis Schiesz William Schumaker 60% of AMI: 175 Efficiency: 0 50% of AMI: 0 One bedroom: 37 40% of AMI: 0 Two bedroom 82 40% of AMI: 0 Three bedroom: 48 Market Rate: 0 Four bedroom: 8 Total units: 175 TOTAL PROJECTED COSTS: $22,688,108 COST PER SQUARE FOOT: $119 CREDIT REQUESTED: $896,112.00 CREDIT RECOMMENDED: $896,112.00 BOND VOLUME REQUESTED: $11,964,750.00 BOND VOLUME RECOMMENDED: $11,964,750.00 DEVELOPMENT FUND REQUESTED $500,000.00 DEVELOPMENT FUND RECOMMENDED $500,000.00 2015A-B-013 IN-15-03300 DEVELOPMENT FUND LOAN NUMBER DFL-015-115 SELF SCORE: 99 FINAL SCORE: 96

Award Date: 1/28/16 Prairie Meadows Apartments, Phase II 2915 Sweet Grass Lane Greenfield, IN 46140 New Construction Village Capital Corporation Village Capital Corporation 60% of AMI: 76 Efficiency: 0 50% of AMI: 0 One bedroom: 24 40% of AMI: 0 Two bedroom 44 30% of AMI: 0 Three bedroom: 8 Total units: 76 TOTAL PROJECTED COSTS: $9,865,160 COST PER SQUARE FOOT: $113.00 CREDIT REQUESTED: $295,063.00 CREDIT RECOMMENDED: $295,063.00 BOND VOLUME REQUESTED: $5,072,000.00 BOND VOLUME RECOMMENDED: $5,072,000.00 2015A-B-012 IN-15-03300 SELF SCORE: 59 IHCDA SCORE: 59.5