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PARKS, RECREATION, AND COMMUNITY ENHANCEMENT COMMITTEE AGENDA MARCH 9, 2015 - 1:00 P.M. CITY HALL CONFERENCE ROOM 15 LOOCKERMAN PLAZA DOVER, DELAWARE PUBLIC COMMENTS ARE WELCOMED ON ANY ITEM AND WILL BE PERMITTED AT APPROPRIATE TIMES. WHEN POSSIBLE, PLEASE NOTIFY THE CITY CLERK (736-7008 OR E-MAIL AT CITYCLERK@DOVER.DE.US) SHOULD YOU WISH TO BE RECOGNIZED. AGENDA ADDITIONS/DELETIONS 1. COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) APPLICATION REVIEW A. DOVER INTERFAITH MISSION FOR HOUSING... .........00000 00 cee eens 1:00 P.M. B. CONNECTIONS COMMUNITY SUPPORT PROGRAM. ...........00 0000 eee eens 1:15 P.M. C. NEHEMIAH GATEWAY... 0.0000 cece n teen eee eens 1:30 P.M. D. PEOPLES PLACE... ....0 0.00.0 tenet nent teen ete eens 1:45 P.M. E. VETERAN HOUSING PROPOSAL. ........00000 0c ce cette c teen teen ene 2:00 P.M. F. HABITAT FOR HUMANITY.........000.000 000 ccc ence tne e neces 2:15 P.M. G. MILFORD HOUSING DEVELOPMENT CORPORATION (MHDC) G-1. . HOMEOWNER REHABILITATION. ..........0.0.0 000 cece eee eee eens 2:30 P.M. G-2.. EMERGENCY HOMEREPAIR...........0.00 00 cece cece nent n eens 2:45 P.M. H. HOMEOWNERSHIP ASSISTANCE PROGRAM. .........0.000 00 ccc cece eee eens 3:00 P.M. 2. ADJOURNMENT BY 4:50 P.M. /T™ S:\AGENDAS-MINUTES-PACKETS-PRESENTATIONS-ATT&EXH\COMMITTEE-AGENDAS\2015\03-09-2015 PR&CE.WPD THE AGENDA ITEMS AS LISTED MAY NOT BE CONSIDERED IN SEQUENCE. THIS AGENDA IS SUBJECT TO CHANGE TO INCLUDE THE ADDITION OR THE DELETION OF ITEMS, INCLUDING EXECUTIVE SESSIONS.

COMMUNITY DEVELOPMENT DEPARTMENT Department of Planning & Inspections P.O. Box 475 Dover, DE 19903 Phone: (302) 736-7175 Fax (302) 736-4217 TO: Parks, Recreation, and Community Enhancement Committee FROM: Tracey N. Harvey, Planner I DATE: March 9, 2015 SUBJECT: REVIEW OF FY 15-19 Multi-Year CDBG APPLICATIONS Thank you for your assistance in reviewing the CDBG grant applications for multi-years FY15-19. The items listed below are enclosed for your use during the review of the CDBG applications: A list of applicants and staff reports summarizing each application. CDBG Interview Schedule Federal Resources available for use Total grant request Scoring criteria for CDBG funding A CDBG Review Panel Scoring Sheet for each applicant mmOOW> By the end of the review period, staff is requesting that you summarize your evaluation of each application on the enclosed CDBG Review Panel Worksheet based on needs determined from the oral presentations from each applicant and individual scoring of each applicant. The number in parenthesis for each measure to be scored is the maximum score for a given category. The maximum total points are 100 points. Thank you in advance for the time you will be devoting to the FY15-19 review process. If you have any questions, please call me at 736-7175 or via e-mail at tharvey@dover.de.us. /tnh Enclosures

CDBG Interview Schedule 1. *Dover Interfaith Mission for Housing ($32,500) 2. *Connections Community Support Program ($15,000) 3. *Nehemiah Gateway 4. Peoples Place 5. Veteran Housing Proposal 6. Habitat for Humanity 7. MHDC Homeowner Rehabilitation 8. MHDC Emergency Home Repair 9. Homeownership Assistance Program ($20,000) ($6,726) ($21,250) ($50,000) ($60,000) ($40,000) ($60,000) 1:00 pm 1:15 pm 1:30 pm 1:45 pm 2:00 pm 2:15 pm 2:30 pm 2:45 pm 3:00 pm *Public Service activities cannot exceed 15% of the total grant allocation

CDBG FEDERAL RESOURCES AVAILABLE FOR USE 7/01/15 — 6/30/16 CDBG Funds Allocation $220,717 Anticipated Program Income $8,554 Total Grant Allocation $229,271 Public Service activities cannot exceed $229,271 15% of the grant x.15 $ 34,391 Total grant available for activities $229,271 Total grant request $304,976

CDBG Scoring Criteria Description and Demonstrated need for Proposed Program (10 points possible) - Provide an adequate description of the scope of activities proposed and how it will benefit low to moderate income persons. - Explain the type of service deficiency your project will fulfill and the population that has been affected by this deficiency. - Does the proposed activity directly address the community need identified? Management Capacity (25 points possible) Each applicant’s management capacity for each of the activities proposed will be evaluated on the basis of the most recent monitoring report, current or proposed staff qualifications, progress achieved in completing its current CDBG Program (if applicable), and most recent audit reports(s) (if applicable). Cost Effectiveness (15 points possible) Is the cost reasonable for the project in relation to the number of people being served and the availability of other resources? Work Plan (20 points possible) Will the applicants proposed scope of work be completed within the next fiscal year? Does the applicant effectively outline in the application the completion of milestones of the activity? Goals and Objectives (15 points possible) - Are the goals and objectives of this project consistent with the goals and objectives outlined in the 2010-2014 Consolidated Plan ? - What steps will be utilized to implement your program (the process for reaching program goals)? Performance Measurements (15 points possible) - Does the project effectively describe the outcome? - Is the project consistent with the objective?

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Dover Interfaith Mission for Housing (Public Service) Amount Requested: $32,500 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements, Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Connections Community Support Program Amount Requested: $15,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Nehemiah Gateway (Public Service) Amount Requested: $20,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Peoples Place II Amount Requested: $6,726.00 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Veteran Housing Proposal Amount Requested: $21,250 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Habitat for Humanity Amount Requested: $50,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Milford Housing Development Corp (Rehab) Amount Requested: $60,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 peints possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Milford Housing Development Corp (Emergency Home Repairs) Amount Requested: $40,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

2015 CDBG GRANT APPLICATION REVIEW SHEET Applicant/Agency: Homeownership Assistance Program Amount Requested: $60,000 Amount Awarded: The following factors will be considered in determining funding levels awarded to applicants meeting the request for proposals requirements. Please rate each category according to the maximum points available. Description and Demonstrated Need for Proposed Program (10 points possible) Management Capacity (25 points possible) Cost Effectiveness (15 points possible) Work Plan (20 points possible) Goals and Objectives (15 points possible) Performance Measurements (15 points possible) TOTAL (100 Maximum Possible Total Rating) Reviewer Signature CDBG/forms

STAFF REPORT Dover Interfaith Mission for Housing Operating Cost Dover Interfaith Mission for Housing is a non-profit organization that operates a shelter for homeless men and provides services to the homeless to assist in obtaining permanent housing. This project is a public service activity and the grant request is for $32,500 for operations cost. This project meets the low to moderate income requirement. The cost is reasonable for operating cost for the program year. This project is in conformance with the goals of the 2010-2014 Consolidated Plan by providing aid to special needs persons and providing safe and livable housing. It is also consistent with the City’s plan to assist in ending chronic homelessness. The personnel that manage the shelter have the years of experience to successfully manage a non-profit organization.

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name _Dover Interfaith Mission for Housing, Inc. Address 684 Forest Street, Dover DE 19904 (mail PO Box 1148, Dover DE 19903 Phone Number _ 302-736-3600 B. Name, position and signature of person submitting application: Jeanine Kleimo, Chair Name and position of authorizing official: C. Name, address and phone number of Contact Person: (If different from B above) FY 2015 only Activity: shelter for homeless men Amount Requested: $32,000 Source of Cash Matching Funds $_see attadned

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. Incolumn 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 1. Activity 2. Total 3. LIM 4. % L/M Persons Persons Persons Activity will | Activity will | Activity will Serve Serve Serve Shelter 2015 | 16°! 189 | i60t0180 | s 90, $32,000 $32,000 0 Shelter 2016 | 169t0 180 | 166 t0 180 ; $32,750 $32,750 100% Shelter 2017 | 16°! 189 | 16010180 | s ogo $33,500 $33,500 Shelter 2018 | 1690180 | 160 to 180 ia $34,500 $34,500 Shelter 2019 | 1671189 | 16010180 | s ago $35,000 $35,000 6. Amount L/M Benefit 5. Amount Requested for Activity

Source of Data: Experience with shelter operations over the past seven years. 2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Jeanine Kleimo Chair Herb Konowitz Vice Chair B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. B. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. c. Provide a timetable showing monthly milestones for completion of each activity. D. Attach drawings, plans or other documentation necessary to describe program activities.

E. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. F. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. G. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. 6. Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $__ 27.500

Dover Interfaith Mission for Housing, Inc. PROGRAM ACTIVITY The program activity planned for the period 2015—2019 is the continued operation of our shelter for homeless men. The Dover Interfaith Mission for Housing (DIMH) renovated a building at 684 Forest Street with CDBG funds in 2010 and opened this 36-bed facility in September of that year. Since DIMH began providing shelter, meals, and assistance to homeless men in Dover in 2008, it has served over 1,200 individuals. Over 180 were included during calendar year 2014 alone. DIMH does much more than make it possible for homeless men to move in from the street: over 60% of those entering the shelter leave with full-time employment and housing in the community. In addition, crime and loitering are reduced, health is improved, and community is engagement in addressing the needs of less-fortunate residents is greatly expanded. While the costs of reduced crime and improved health among homeless men are difficult to quantify, DIMH is able to estimate the value of employment: With at least 80 men re-employed annually, the impact on the local economy is in excess of $1.25 million. DIMH now offers an extensive set of in-house training programs designed to enable men with various employment histories to develop the capacity needed to apply for, interview for, and secure employment along with the acquisition of personal, communications, and money-management skills. All training is managed by a board member who is a retired educator, and all training is provided by volunteers. While DIMH staffing is limited, several board members are actively engaged and perform key management, administration, and training functions for the organization. Full-time staff now includes a program manager/job developer, a case manager, and an intake coordinator who also serves as liaison with local prisons. Part of her responsibility is to ensure that men released from prison without supportive families to return to can access the DIMH shelter and its programs to facilitate re-entry into a productive lifestyle. The 36-bed shelter requires substantial operating costs that include utilities, telephone, insurance, cleaning and office supplies, and the maintenance and occasional repair of the facility. It is these costs for which DIMH is applying for funds through CDBG. An adjacent daytime Resource Center opened recently and is available to all local homeless adults who may wish to use it as a mailing address as well as to obtain shower and laundry facilities and access to computers, phones, and counselors able to assist with employment applications and referrals to services. Since its opening in early January, a constant stream of visitors use the facility, averaging 40 to 45 daily. Most of these individuals are not DIMH shelter residents but find shelter in “Code Purple” sanctuaries or on the street. It may be noted that Code Purple Kent County operates under the auspices of DIMH; however, no CDBG funds are used or sought for the operation of these refuges for homeless men, women, and families. TIMETABLE The shelter is already in operation, with a solid base of information regarding operating costs. This facility is open year-round and is typically full. The City of Dover has permitted the DIMH shelter to take

in up to five extra men on cold winter nights, and this is often the case. There is no plan to change year- round operations. Paid and volunteer staffing ensure responsible oversight and management every day of the year. Each month, several new shelter residents are admitted. The program focuses on enabling the men sheltered to secure productive and self-reliant lives. Training is offered to ensure that each has a plan and is able to apply for work, open a bank account, prepare for job interviews, and so on. Checklists track the progress of each at 30, 60, and 90 days, with no one permitted to remain at DIMH unless he has complied with the requisite steps of each month’s checklist. Progress in achieving the steps listed in these checklists is monitored by staff and key board managers on a weekly basis, with a fuller assessment of the progress of each guest performed monthly. CITY OF DOVER PLAN PRIORITIES AND PROJECT NEED The DIMH shelter clearly provides aid to special-needs persons. Those sheltered are very low-income (generally without any income at all) and are unable to meet their basic needs for shelter. Their lack of shelter certainly poses an urgent community need that poses an immediate threat to their health and welfare. In fact, demand for shelter is always highest and exceeds that which DIMH can supply during cold weather and other weather emergencies, including summer storms and prolonged periods of rain or intense heat. There is a widely-recognized deficiency within the City of Dover of affordable rental housing and of shelter for those who are homeless. DIMH cooperates with the People’s Place/Whatcoat Shelter and with The Shepherd Place, with all organizations making referrals to one another to ensure the best placement and services for those most in need of shelter. DIMH efforts include the development of affordable housing for those leaving the shelter and the leasing of housing in which individuals might reside together, though these activities are not funded through CDBG. DIMH estimates that there are at least 100 men in and around the City of Dover who are homeless. This number has increased in recent years due to a combination of factors, including failure to house those with mental illness, code enforcement displacement of residents of substandard housing, rising housing costs, and continued high rates of unemployment or employment that is part-time or temporary. Many landlords will not rent to those without secure and lasting employment or who have been released from prison. As this project is already in operation, DIMH continues to build on the experience of providing shelter and services to the homeless population during the past seven years. A greater number of faith communities, organizations, businesses, and individuals have come to volunteer and support the efforts of DIMH. Most notable is the fact that such volunteer support generates more than 12,000 plates of dinner annually with a zero food budget within DIMH. Additional volunteers have created and manage Code Purple emergency shelter, the operation of the daytime Resource Center, and an increasingly active and diverse program of training for shelter residents and other homeless adults. The fact that support has been provided through CDBG has enabled DIMH to raise additional funds and to borrow others needed to purchase and renovate the property at 1155 Walker Road, named Walt Bagley Hall in honor of a deceased founding board member. This project will enable thirty or more men to move from the shelter to stable, supportive housing for which they will pay a modest rent. This fee will include utilities, two meals daily, and continued education and training efforts.

LEVERAGE AND PROJECT COSTS $30,000 is requested to maintain the costs of heat, electricity, telephone service, supplies, insurance, and maintenance of the DIMH shelter. This compares with annual non-personnel operating costs of approximately $45,000. The Delaware State Housing Authority is providing $12,500 for operating costs for FY2015, making it possible for DIMH to cover most routine operating costs between these two grants. Any deficit is made up from private donations. When this amount requested is compared with the service provided, $30,000 may be divided by the 180 shelter guests or by the 12,410 person nights of shelter provided during calendar 2014: $30,000 would provide 12,410 person-nights of shelter at $2.40 per person per night. $30,000 would provide an average benefit of about $167 per person, 100% of whom have very low incomes. In addition to the grants for operating costs, DIMH has received a total of $180,500 in grants to support staffing and programs for a total budget of $220,500 in overall support. The request of $30,000 would, therefore, leverage another $190,500 in additional resources or more than six times the CDBG request. WORKPLAN The DIMH workplan continues to be the provision of shelter, meals, and assistance to homeless men to enable them to achieve lives of productivity and purpose. 36 men are sheltered at one time. Each new entrant is provided with 30 days of shelter, during which he must demonstrate that he is serious about securing employment and stability. Those who comply with the pursuit of this objective by participating in case management and the extensive training offered are permitted to extend their stay. DIMH plans to continue—at a minimum —its current staffing pattern and active board involvement in daily operations and services. Additional funding is being sought to add professional staff so that reliance on volunteer board members may decrease over time. With additional volunteers and organizations engaged on an ongoing basis, there is no reason to anticipate a decline in services and programs but, rather, an expansion of them. GOALS AND OBJECTIVES The goal of the program is to operate a safe and healthful shelter for homeless men and to assist them to obtain the food, medical attention, and other services needed to ensure their health and well-being while enabling them to become self reliant. The shelter will continue to provide 36 beds and a complement of regular training and education efforts as noted above. Homelessness results in serious health conditions and is life-threatening. Those who are homeless typically utilize emergency resources such as the hospital emergency room excessively. A few such individuals in Dover have made eight to ten emergency-room visits during the past six months, resulting

in considerable cost to the community. Further, those who are homeless are unlikely to be in a position to hold jobs and to be productive individuals able to contribute to the local economy. The prevention of homelessness and the sheltering of the homeless reduces health risks and increases the productivity of those who were homeless. Clearly, homelessness poses a serious and immediate threat to the health and welfare of the community. The efforts of DIMH are a solution to this problem locally. PERFORMANCE MEASUREMENT The number of men provided with shelter, meals, and assistance and the number who secure a stable life outside the shelter are the key indicators of effective performance. As noted, DIMH provided shelter, meals and services to 180 men during 2014, with more than 100 securing employment that was sufficient to enable them to live on their own and to meet their own needs. In addition, less-measurable benefits accrued to the community that include a reduction in crime and loitering and crime as well as an increase in overall health and well-being among the most vulnerable members of the community. DIMH typically generates results along the lines of 80 to 100 men re-employed in the community. 80 men who secure minimum-wage employment generate an economic impact of more than $1.25 million in terms of the wages earned and then spent locally. BUILDING ON PREVIOUS WORK The DIMH shelter continues to build on the experience gained by the work of the organization over the past seven years. DIMH continues to respond to the needs of the homeless community: this past year, Code Purple emergency cold-weather housing has been initiated under the auspices of DIMH. A daytime resource center has opened to serve additional homeless individuals with personal needs ranging from hygiene to employment assistance. An additional housing facility is opening to serve 30+ men who are able to pay modest rents but whose past instability and other challenges impede their access to housing in the private market. DIMH also collaborates with many local organizations and community efforts, including Restoring Central Dover, the creation of the Downtown Development District, and the implementation of programs with resources from the Delaware State Housing Authority’s Strong Neighborhoods Housing Fund. COORDINATION WITH LOCAL BUSINESSES DIMH is an active member of the Central Delaware Chamber of Commerce and regularly informs its members and those of the Greater Dover Committee about DIMH efforts and achievements. Numerous businesses contribute to the DIMH shelter, providing food and other materials needed. The Downtown Dover Partnership leases the shelter facility to DIMH at a nominal rent, while the Downtown Merchants Association contributes monetarily through its “First Friday” initiative. DIMH is one of the local charities registered as a beneficiary of the Bayard Pharmacy donation program, and Bayard Pharmacy recently sponsored a benefit dinner for DIMH in partnership with the local group called “Gals That Give.” Several local businesses contributed gifts for an auction at this dinner to raise additional funds. Through the Cen-Del Foundation, DIMH is accessing donations of supplies and materials from the Greater Kent Committee network of businesses. This past year, such items as file cabinets, room

dividers, pens and some tablets of paper were obtained from local businesses. Olive Garden and some other stores and restaurants provide meals and surplus food. TD Bank has a special working relationship with DIMH, enabling shelter residents to open bank accounts with a $25 contribution from the bank along with training in the use and management of bank accounts. DIMH is a member of the Central Delaware Chamber of Commerce and regularly interacts with Chamber members to enlist their support as volunteers and contributors. This relationship has done much to enhance the awareness of DIMH, its mission, and the need for the community to assist the homeless. Partnerships with local builders and contractors have made it possible for DIMH to renovate Walt Bagley Hall (a new congregate housing facility) and a daytime Resource Center for the homeless. Dover area Rotary Clubs have been instrumental in making the Resource Center a reality. Suppliers of building materials have been cooperative in terms of providing discounts for DIMH purchase of materials for these and other projects. DIMH also works with a number of local landlords to secure housing for men moving from the shelter to independence, as DIMH references—and guarantees when needed—often make the difference in accessing private housing for former shelter residents. DIMH residents with construction skills are increasingly employed by local businesses for a variety of small renovation and repair projects. Further, DIMH collaborates actively with local agencies and nonprofits to ensure that services are available to those engaged with DIMH housing and programs. Most notably, DIMH initiated a collaborative forum with the Cen-Del Foundation that is expected to generate a directory of nonprofit organizations in Kent County as well as a quarterly forum for interaction.

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment x Decent Housing Economic Opportunity Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility x Affordability Sustainability Please provide a proposed outcome based on the information below that applies to your activity Number of persons, households, units, or beds assisted as appropriate 160+ persons Income level of persons or households by: Very Low __100 % Low. % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

Dover Interfaith Mission for Housing: Sources of Matching Funds Funds requested from CDBG are for non-personnel operating costs of our shelter at 684 Forest Street. The Delaware State Housing Authority has provided $12,500 for this purpose for the current fiscal year (7/1/14 to 6/30/15.) Routine maintenance is performed by volunteers. Sources of funds for personnel include the following in addition to donations received from the community. Most of the following grants are restricted and require expenditure on approved personnel: Criminal Justice Council $97,900 State of Delaware, Office of Community Services $27,202 State of Delaware, Grant In Aid* $15,000 First State Community Action Agency $45,000 *Grant In Aid funds are unrestricted but used for essential staffing.

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment x Decent Housing Economic Opportunity Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility x Affordability Sustainability Please provide a proposed outcome based on the information below that applies to your activity Number of persons, households, units, or beds assisted as appropriate __160+ persons Income level of persons or households by: Very Low __ 100 % Low. % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

STAFF REPORT Connections Community Support Program Chronically Homeless Adults Rapid Re-Housing/Rental Assistance This organization serves individuals that have been chronically homeless for one year or more that are extremely low income which meets the low to moderate income requirement. The grant request is for $15,000 to provide rapid rehousing and rental assistance services for households whose most recent address is inside the City limits. The program will assist renters with first month’s security deposit and up to the first three months’ rent for affordable rental housing. Funding will also be provided for utility deposits as needed. This project is a public service activity. Connections has been in existence for over 25 years with a proven track record in serving the homeless community by providing supportive housing for these individuals. This organization fully has the staff qualifications necessary to manage a CDBG grant. The Department of Housing and Urban Development awards funding annually to this organization, and they are well aware of the guidelines and regulations for carrying out a CDBG activity. This project fully supports the City’s plan to end chronic homelessness by utilizing programs to eliminate barriers to affordable housing. Connections received a CDBG grant in 2010 to provide motel vouchers to homeless persons in the city which really had an impact on the number of homeless persons provided with temporary housing in the winter months in the City. This activity is consistent with Goal | of the 2010-2014 Consolidated Plan by providing aid to special needs persons.

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name Connections Community Support Programs, Inc. Address 500 West Tenth Street, Wilmington, DE 19801 Phone Number 302-230-9103 B. Name, position and signature of person submitting application: Catherine Devaney McKay, CEO Name and position of authorizing official: Catherine Devaney McKay, CEO WV \ C. Name, sabes and phone number of Contact Person: (if different from B above) FY 2015 only Activity: Rapid Re-Housing Amount Requested: $15,000 Source of Cash Matching Funds $15,000, Dept of Correction Healthcare Contract

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. Incolumn 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 2. Total 3. L/M 4. % LIM 5. Amount | 6. Amount Persons Persons Persons Requested | L/M Activity Activity will | Activity for Benefit will Serve will Activity Serve Rapid Re-housing FY | 10 10 100% 2016 $15,000 | $15,000 Rapid Re-housing FY | 10 10 100% 2017 $15,000 | $15,000 Rapid Re-housing FY | 10 10 100% 2018 $15,000 | $15,000 Rapid Re-housing FY | 10 10 100% 2019 $15,000 | $15,000 Source of Data: FY 2014 CMIS data for City of Wilmington and DSHA Rapid Re-housing Programs

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Sara Weimer Director of Veterans and Housing Services Jim Dickinson Director of Offender Re-entry Services B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. N/A Connections has been a recipient of Dover CDBG funds (as well as CDBG and ESG funds from the other jurisdictions in Delaware) many times. 4, Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. Connections is proposing to provide Rapid Re-Housing assistance for up to 10 homeless households within the City of Dover annually, with the average amount of assistance per household at $3,000. Priority populations are listed below: Priority 1. Homeless Families (a) The homeless family who is in the emergency shelter for less than 30 days (b) The homeless family who has been living on the streets (cars, parking lots, places not meant for human habitation) for less than 30 days (c) The homeless family or individual who is in the emergency shelter for over 30 days (d) The homeless family or individual who has been living on the streets (cars, parking lots, places not meant for human habitation) for over 30 days

Priority 2. Homeless Individuals (a) The homeless individual who is in the emergency shelter for less than 30 days (b) The homeless individual who has been living on the streets (cars, parking lots, places not meant for human habitation) for less than 30 days (c) The homeless individual who is in the emergency shelter for over 30 days (d) The homeless individual who has been living on the streets (cars, parking lots, places not meant for human habitation) for over 30 days Funds will be used to provide Rapid Rehousing/Rental Assistance services for households whose most recent address is inside the City of Dover limits. Our program will assist renters with first-month’s security deposit as well as up to the first three months’ of rent. Funding will also assist renters with utility deposits, as needed. Financial assistance/rental assistance will be visited at monthly case management meetings, and officially re-evaluated at the 90-day mark, at which point, rental assistance funding will be decreased, or eliminated, based on continued needs. We are leveraging Connections’ comprehensive case management program, contracts with Delaware Medicaid and the Delaware Departments of Health and Social Services and Correction, and our extensive network of partnering agencies and housing providers, to help households served through ESG rapid re-housing to meet their economic self-sufficiency goals, their goals for housing, stable employment, and abstinence from substance abuse. By working to meet all of these goals together, we also hope to prevent recidivism among men and women who have been incarcerated. We are particularly concerned about households which are headed by justice-involved women with substance use conditions. These families rarely are able to stay together. By addressing all of their needs, including the need for stable housing, it is our intention to provide these families with new opportunities to live sober, productive lives. B. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Funds will be used to provide Rapid Rehousing/Rental Assistance services for households whose most recent address is inside the City of Dover limits. Our program will assist renters with first-month’s security deposit as well as up to the first three months’ of rent. Funding will also assist renters with utility deposits, as needed. Financial assistance/rental assistance will be visited at monthly case management meetings, and officially re-evaluated at the 90-day mark, at which point, rental assistance funding will be decreased, or eliminated, based on continued needs. We are leveraging Connections’ comprehensive case management program, contracts with Delaware Medicaid and the Delaware Departments of Health and Social Services and Correction, and our extensive network of partnering agencies and housing providers, to help households served through ESG rapid re-housing to

meet their economic self-sufficiency goals, their goals for housing, stable employment, and abstinence from substance abuse. By working to meet all of these goals together, we also hope to prevent recidivism among men and women who have been incarcerated. We are particularly concerned about households which are headed by justice-involved women with substance use conditions. These families rarely are able to stay together. By addressing all of their needs, including the need for stable housing, it is our intention to provide these families with new opportunities to live sober, productive lives. C. Provide a timetable showing monthly milestones for completion of each activity. We will begin providing services on July 1, 2015 and will continue to provide Rapid Re-housing financial assistance to qualifying households until the funds are depleted. D. Attach drawings, plans or other documentation necessary to describe program activities. Not Applicable. E. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. Dover’s most recently published Consolidated Plan states: ‘The primary objective of the community development program within the City of Dover is to develop viable urban communities including decent housing and a suitable living environment, and to expand economic opportunities, principally for low and moderate income persons.’ As it related to homeless households, the Plan expresses the need for affordable housing for low and moderate income households, including those who have experienced homelessness. Homelessness among families with children has been on the rise in Delaware. In fact, during a recent count of homeless people in Delaware on one night in January, 2013, 694 homeless households with 946 members were counted in shelters and on the streets of Delaware. Of the households counted, 17% were families with children. Of the INDIVIDUALS counted, 25% were children under the age of 18. We will focus on this population in the provision of rapid re-housing services. According to the National Alliance to End Homelessness ‘Years of research and experience in working to end homelessness has proven that rapid re-housing and prevention are key strategies.’ Rapid re-housing is also an emphasis of the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act. The research that led to this emphasis on ending homelessness as rapidly as possible clearly demonstrates that homeless

households who receive immediate assistance to obtain permanent housing are much more likely to avoid future homelessness than are those who receive emergency and/or transitional housing over a long period of time. These findings point to rapid re-housing as the most effective means of ending homelessness permanently. We intend to serve households with incomes below 30% of the area median for the City of Dover, thus helping the city to reduce homelessness and increase capacity in its emergency shelters. F. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. Rapid re-housing is a strategy that has been successfully used by many communities to reduce homelessness. It is based on the idea that most households become homeless as a result of a financial crisis that prevents them from paying the rent, or a domestic conflict that results in one member being ejected or leaving with no resources or plan for housing. Most households who become homeless have already lived in independent permanent housing, and they can generally return and remain stably housed with limited assistance. Negative outcomes associated with homelessness can be minimized by limiting the period of time people experience it. By helping homeless households return to permanent housing as soon as possible, communities have been able to reduce the length of time people remain in homeless shelters. This opens beds for others who need them, and reduces the public and personal costs of homelessness. Expanding the availability of shelter beds and increasing affordable housing options for low income households are priorities identified in the City’s Consolidated Plan which will be addressed by this proposal. G. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. In 2011, the Delaware Interagency Council on Homelessness (DICH) updated the original Plan to End Chronic Homelessness, published in 2007, to reflect the needs of all homeless populations in Delaware (not only those who were chronically homeless), but also to reflect the changes in the Federal laws, especially the HEARTH Act. HEARTH clearly emphasizes ‘housing first’ and rapid re-housing as the preferred strategies for ending homelessness. Providing rapid re-housing in scattered site rentals in residential communities is a better solution than housing individuals and families in shorter-term congregate situations. The new plan emphasizes re-entering offenders and justice-involved individuals as a priority population. In addition to this population, our proposed program focuses on the priority populations which the City has identified. In this application, one of our focus areas is homeless households in which the head of the household has involvement with the Delaware justice system. Individuals leaving the correctional system frequently lack a place to go when they return to their communities. Delaware has one of the highest rates of incarceration in the

United States, and the number one cause is drug-related crime. Substance abuse, incarceration, and related inability to find a stable job, all contribute to homelessness. The project will target homeless households with qualifying incomes, including those in which the head of the household is involved in the justice system. Housing stability is a key factor in successful reintegration, reduced recidivism, and increased community safety among people who have been incarcerated. A snapshot of re-offenders in Washington State over a three month period in 2009, showed that 34% of offenders who re-offended did not have stable housing. It also shows that of offenders on community supervision (parole) who re-offended, 49%, nearly half, did not have stable housing. Ex-offenders who are placed in permanent supportive housing instead of being released without adequate housing are easier to monitor, and are guaranteed to receive the services, education and access to employment they need to achieve self-sufficiency. We will work with those who are leaving DOC facilities to secure emergency shelter and then rapid re-housing for those who qualify. Connections will use ESG funds to provide rapid rehousing services for priority households, efficiently and effectively moving them into permanent, affordable, appropriate housing while providing them with comprehensive case management and supportive services to help resolve the barriers to financial independence. Connections is able to reduce the length of time that persons are homeless because of our already-existing infrastructure and experience in rapid rehousing programs, and our network of healthcare, employment and housing services. Connections will be able to use existing relationships with landlords and apartment complex managers to quickly place individuals and families, and since there will be no learning curve, placements can begin immediately after funding award. We currently have households who are waiting for assistance, and awarding this grant to us will help to maintain continuity and prevent duplication of effort. Our performance measures will include placement of homeless individuals and families within 45 days of first contact; 80% of whom will remain stably housed for at least one year. Rapid rehousing will also increase the number of individuals in the City of Dover to be permanently housed (thereby decreasing the number of homeless households by at least the number served and probably more, as shelter beds and other resources will be freed up by rapidly re-housing the target households). Equally important, households will increase their ability to maintain their housing through substance abuse treatment, employment support, case management and other supportive services, thereby reducing the rates of homelessness recidivism. By aiming rapid re- housing funds at homeless households which have employment and other income, we will be more likely to see sustained results than we would for chronically homeless households with no source of income. For those individuals, we will use our other resources, saving the rapid re-housing resources for households whose profiles suggest the likelihood of long term success and maintenance of permanent housing with only short- to moderate-term assistance.

We will work with the Homeless Planning Council of Delaware to increase the number of people to be assisted by accepting all households referred by Centralized Intake in the most appropriate program or service. We are also working with the Delaware Department of Correction and the Hope Commission to link homeless households to permanent housing and employment, using ESG and other resources. Once the household finds permanent housing, we continue to provide services to them at home and in the community to make sure that they do not become homeless again. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. Delaware Department of Correction Health Care Contract (total contract values is $40 million) DHSS Comprehensive Outpatient Behavioral Health services contract ( $400,000) Delaware Medicaid (average billing of more than $8 million annually) These funds will be used to identify and provide leveraged supportive services for ESG recipients. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. We will work with landlords in Dover to find suitable housing for homeless households who, after a brief period of rental assistance, will be able to sustain the housing on their own. 6. Have you received a sub-recipient grant from the previous funding year? No If yes give the total amount $

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment Decent Housing Economic Opportunity Is Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility Affordability x Sustainability Please provide a proposed outcome based on the information below that applies to your activity Number of persons, households, units, or beds assisted as appropriate: 10 households annually with up to 20 members. Income level of persons or households by: Very Low 100% Low % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

STAFF REPORT Nehemiah Gateway Community Development Corporation Delaware Tax & Financial Services Campaign This organization provides individual and small income tax preparation and financial services to low to moderate income persons. The applicant did not identify in the application how CDBG funds were going to be utilized since the tax preparation is free, the office space is free, and they utilize volunteers for tax preparation. The grant request in the amount of $20,000 cannot be determined as a reasonable cost based on the information the applicant provided in the activity description. The applicant did not accurately identify how their grant proposal is consistent with the goals outlined in the 2010-2014 Consolidated Plan.

RECEIVED FEB 9 - CITY OF DOVER B9- 2015 FY 2015-2019 Multi-Year CITY OF DOVER CDBG GRANT APPLICATION FORM _ PLANNING & INSPECTIONS 1. General Applicant Information A. Name: Nehemiah Gateway Community Development Corporation (NGCDC) Address: 201 West 23" St.. Wilmington. DE 19802 Phone Number: (302) 655-0803 B. Name, position and signature of person submitting application: Maisha Thoms Tax Campaign Director Name and position of authorizing official: Clifford I Johnson Board President C. Name, address and phone number of Contact Person: (if different from B above) Burnadette Kornegay 201 W. 23 St. Wilmington, DE 19802 302-655-0803 Office Manager FY 2015 only Activity: DE Tax & Financial Services (EITC) Campaign Amount Requested: $ 20,000 Source of Cash Matching Funds $ 10,000 Bank of America $ 10,000 IRS

LOW/MODERATE-INCOME BENEFIT TABLE 1, Activity 2. Total 3. L/M 4. % L/M 5. Amount Persons Persons Persons Requested Activity will | Activity will | Activity will | for Activity Benefit Serve Serve Serve 1. Tax Campaign 1029 $18000 $17640 1058 $18000 $17640 1108 $18000 $17640 1127 $18000 $17640 2019 1190 1166 $18000 $17640 xf Accounts 30 33 38 2015 $2000 2016 $2000 2017 95% $2000 2018 42 95% $2000 s2009 Ss 100% $1000 $1000 100% $1000 $1000 100% $1000 $1000 100% $1000 $1000 $1000 $1000 Source of Data: Nehemiah Gateway results for the 2013 tax campaign 36 40 46

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Maisha Thoms Campaign Director Carol Davis Financial Services Director Burnadette Kornegay Financial Education Director & Office Mer. B. Attach resumes —see Attachment One 4. APPLICATION WORK PLAN A. Program activities included in the DE Tax and Financial Services (EITC) Campaign include: 1. Individual and small business income tax preparation for both federal and state returns 2. Encouraging savings by offering client’s the opportunity to deposit some/all of their tax refund in a savings account, investing in a savings bond and/or opening a deposit account. 3. Through self-identification, refer clients to additional financial education and assistance programs offered by NGCDC and other organizations in order to further their financial goals and gain financial stability. B. Program Descriptions: 1, Individual and small business income tax preparation for both federal and state returns - The tax campaign, led by NGCDC has been a part of the federal Volunteer Income Tax Assistance (VITA) program for over 10 years. Serving low-to-moderate income individuals and families, our primary goal is to assist working families with accessing both the earned income and child tax credits for which they qualify. Our services are free of charge and are available to individuals and families that have $52,000 or less in income with dependents or $35,000 or less in income without dependents. In Kent and Sussex counties, we partner with First State Community Action Agency to provide tax services. NGCDC provides FSCAA with ‘back office’ support through training, marketing, volunteer recruiting and support, customer service and other administrative activities that are directly related to tax service delivery. We provide free tax preparation services for our clients year-round. During tax season (January-April), we have locations in Dover at Wilmington University, the Dover Library, and William Henry Middle School (see Attachment Three for a listing of all locations and their hours of operation). Outside of tax season, we maintain a

minimum of four locations, with one in Dover, that prepare tax returns (current and prior years), amendments and offer additional tax related support to our clients. NGCDC provides tax preparation services through the recruitment and training of volunteers. They work at the tax sites under the supervision of an experienced Site Coordinator. Our volunteers are all ages and come from a wide variety of backgrounds. We recruit heavily from the universities, including DE State, Univ. of DE and Wilmington University locations in Dover. We provide tax training and certification through the IRS “Link and Learn” instruction programs. There are 34 volunteers that were assigned to our Dover locations for the 2013 tax season. During the 2013 tax season (January through April 2014) we prepared 1030 tax returns for individuals, families and/or small businesses with residences in the 19901 and 19904 zip codes. Of these, approximately 95% had incomes at or below 80% of median family income for a family of 4. The average AGI for returns in the 19901 and 19904 zip codes was $15,500. Encouraging savings by offering client’s the opportunity to deposit some/all of their tax refund in a savings account, investing in a savings bond and/or opening a deposit account. — During tax season (January — April) we also encourage our clients to save a portion of their tax refund. We are able to issue savings bonds and open both deposit and savings accounts with online banking institutions. During the 2013 tax season, we opened a total of 440 accounts, of which 33 had their returns completed at our Dover area tax sites. Due to reporting limitations with our banking system, we are currently unable to track accounts opened by client address or zip code. We feel that the numbers in this category are low in the Dover area but are dependent on our ability to recruit additional volunteers whose responsibilities are to discuss savings options, referrals (see Activity 3) and other financial issues with clients. If we receive the grant, we will make every effort to find new avenues for recruiting volunteers. . At each tax site, we provide our clients with a Financial Resource Booklet that contains valuable information regarding credit, budgeting, home ownership and other financial education information. It also has information regarding a variety of Delaware organizations and banks that offer additional information, courses coaching and counseling. Our client survey form asks questions of clients regarding their financial education needs. Based on their responses to the survey and information they may have gathered from the Booklet, we contact them after tax season to discuss their needs and refer them to specific organizations that provide classes, coaching and other forms of assistance. In tax season 2013, we referred approximately 700 total clients to a variety of organizations, including healthcare navigators, financial coaches, credit counselors, state service centers, and more. While we are currently unable to track referrals by client address, we do track the number of referrals by tax site.

C. Milestones Timeline Activity Description Activity #1: Tax preparation July 1 ~ June 30 Recruit, train and support volunteers; Prepare grant requests, submit grant reports; work with IRS on program-related issues July 1 — December 31 Support out-of-season tax preparation, amendments and/or other tax related support activities for clients September 1 - December 31 | Contract with in-season tax sites; recruit, hire and train Site Coordinators; prepare marketing materials, purchase supplies and equipment January Set-up tax sites ,e.g., computers, printers, distribute supplies and forms; hold volunteer orientations January 20 (approx)-April 15_| Provide in-season tax preparation services April 15- May 31 Hold ‘End of Season’ volunteer celebrations; summarize program results; finalize volunteer reporting to universities Activity #2: Open deposit and savings accounts Sept 1 — Dec 31 Work with bank(s) to set up account operating rocedures; Recruit volunteers December and January Train volunteers January20 (approx)-April 15__| Open client accounts with tax refunds April 15-May 31 Complete processing; resolve problems; complete reporting Activity #3: Promote client referrals July 1-August 31 Complete follow-up with prior year referrals Sept 1 - Dec 31 Draft and print Financial Resource Booklet; Recruit volunteers December and January Train volunteers January20 (approx)-April 15 | Review Financial Resource Booklet with clients at tax sites; collect referrals April 15-May 15 Review referral data and initiate client follow-up May 15-June 30 Contact clients to set-up referral D. See attachments Three and Four E/F. Our program activities support the Housing and Community Development Goal of the

Dover Comprehensive Plan by improving the economic stability of low to moderate income individuals and families. More specifically, it is one aspect of addressing the need to Encourage Owner Occupied Housing in Low/Moderate Income Areas and Preserve the Existing Housing Stock in Dover (Goals One and Two, page 42). This is accomplished by assisting these individuals with accessing tax credits without incurring the cost of paid preparers. By promoting savings and assisting clients with referrals to accurate, ethical and generally free services, we further assist them with achieving financial stability and savings to purchase a home. With financial stability, clients have the means to stay in their homes, make improvements, and contribute to the economic stability of their neighborhoods. This is backed by national statistics that indicate on average, tax payers receive the earned income tax credit for 3 years or less, spend their refunds locally and that for every dollar received in tax refunds, 1.6 dollars is returned to the community. In addition, our clients have saved the cost of tax preparation fees which average $250 in Delaware (excluding any additional cost for high interest, refund advance loans.). Nehemiah Gateway CDC has offered tax preparation services to clients for over 10 years. We have established a solid reputation among our client population where ‘word of mouth’ is our best marketing. We distribute flyers with our tax site locations throughout the state. The State of Delaware provides all clients receiving state benefits with information regarding our program. Funding is provided by the IRS, State of Delaware, Bank of America and others. Major grants are provided by: IRS-$48,000 State of Delaware-$60,000 Bank of America-$50,000 A. Coordination with Businesses regarding Community Development We distribute our marketing flyer to businesses, non-profits, and government agencies who engage in client contact. We also partner with a variety of organizations, including First State CAA, $tand By Me, CLARIFY, PNC Bank, and others to ensure our clients have access to a wide array of high quality information and services throughout the state. We have not previously received a sub-recipient grant. ADDENDUM

ATTACHMENT ONE Resumes for Maisha, Carol and Burnadette ATTACHMENT TWO Nehemiah Gateway Community Development Corporation Mission and Purpose Nehemiah Gateway Community Development Corporation (NG), a 501(c){3) organization was founded in 2000 as an outreach initiative of Shiloh Baptist Church. We envision a community in which low to moderate income working adults successfully improve their economic well-being. Our mission is to increase opportunities for asset building, financial management and entrepreneurship in the Delaware region. We engage, mobilize and support low to moderate income clients in developing and executing strategies for achieving their economic goals. Our programs include: ¢* Delaware Tax and Financial Services (EITC) Campaign ¢ VIP-Small Business Support Services * “One Step at a Time” Credit Counseling ATTACHMENT THREE Tax site flyer ATTACHMENT FOUR Volunteer recruiting flyer

Maisha L. Thoms, 186 Greens Branch Lane, Smyrna, DE 19977 302-290-7685, mlthoms@yahoo.com TAX EXPERIENCE: Nehemiah Gateway Community Development Corporation — Wilmington, DE December, 2012 — present DE Tax Campaign Director e Oversee Delaware Tax and Financial Services Campaign including community outreach, volunteer coordination, staff management, and partnership cultivation. ¢ Works very closely with the Campaign’s primary partners to ensure suitable direction of the Volunteer Income Tax Assistance Program, volunteer tax training, and tax site operations. © Responsible for leading the initiative in meeting program goals and objectives that garner funding for the Tax and Financial Service Campaign: 2012 tax season the campaign achieved — over 12,000 returns prepared at no cost, over 470 volunteers recruited, over $20 million of federal refunds received by clients, and over $3 miilion in tax preparation fee savings. e Tax advisory and tax planning for many campaign clients and tax research on various tax issues for campaign clients. CAM Consulting Group LLC — Greater Philadelphia Area January, 2013 — present (launched March, 2012) Managing Director/Founder ¢ Provides leadership to the firm by exhibiting integrity, energy, enthusiasm, dedication, and commitment. Responsible for maintaining the accounting and finance of the firm. Established firm’s policies and procedures that mitigate risk that the firm faces daily. ° Actively participates in the strategic planning, vision, growth, expansion, and decision making. © Offer tax and financial planning services to small businesses and high net worth individuals, and corporate tax consulting services to small to large companies. Nehemiah Gateway Community Development Corporation — Wilmington, DE May, 2012 — December, 2012 Volunteer Recruiter/Coordinator (Part-time) ¢ Managed all volunteer recruitment/retention and surpassed the goal of the organization (450+ volunteers) that specializes in VITA/financial services programs for low to moderate income clients and small businesses. « — Responsible for executing volunteer recruitment plan which includes management of volunteer database, overseeing distribution of volunteer recruiting materials to various locations, writing and releasing press releases and public service announcements on volunteer recruitment, and partnership cultivation with over 100 area businesses, community groups, universities, and non-profit agencies. e Assisted Program Director with tax site strategy, recruiting and hiring of tax site managers and site staff, tax training, program marketing, and governmental reporting (IRS). Nehemiah Gateway Community Development Corporation — Wilmington, DE January, 2011 — December, 2012 Tax Site Manager (Seasonal) © Managed tax site/s from January to April preparing/reviewing over 300

Bumadette T. Kornegay EXPERIENCE 2001-Present Nehemiah Gateway CDC Wilmington, DE Director, Asset Building Programs " Manage Asset Building Programs / Office Manager =~ Market Programs = Case Management * Develop/Instructor of Financial Literacy Classes 1994-2001 Interfaith Housing Delaware Wilmington, DE Manager, Housing Counseling Program = Developed Home Buyets Association Program. = Counsel First Time Homebuyers Providing Credit Indebtedness, Money Management, Pre- purchase and Post Purchase Counseling. = Developed and Maintained Department Budget. = Hired, trained and supervised Housing Counseling Staff. 1993-1995 Interfaith Housing Delaware Wilmington, DE Propetty Manager ™ Managed Lease Purchase Program—20 Unit Housing Development Counseled Lease Purchase Participants, Prepating Them for Home Ownership, = Providing Credit Indebtedness, Money Management, Pre-Purchase And Post Purchase Housing Counseling 1989-1993 Interfaith Housing Delaware Wilmington, DE Administrative Assistant * Responsible for the Daily Operation of the Office EDU CATIO N ee _ _ 2009-2013 Friends International Christian University Los Angeles, CA Mastet’s Biblical Studies 1998-2001 Springfield College Springfield, MA B.S., Human Resoutces. Graduated cum Lande. Certificates 2012 Delivering Effective Financial Education for Today’s Consumer, Neighborworks Center for Homeownership Education for Counseling Financial Coaching: Helping Clients Reach Theit Goals, Neighborworks Center for Homeownership Education for Counseling 302-377-6454 — btkornegay@pmail.com 3412 Broom Place J-9 Wilmington, DE 19802

Carol L. Davis MANAGERIAL PROFESSIONAL Summary of Qualifications: Extensive experience in training & education, business development and nonprofit management, including fiscal oversight, project management, staff development and individual counseling. Experience working in a team-oriented environment to achieve common goals, and/or bring about necessary change. A methodical, highly organized self- starter with the ability to manage multiple and complex projects with attention to detail. Ability to communicate and interact effectively with individuals and groups at all levels. Proficient in administrative and operational process flow planning, execution, and management. PROFESSIONAL CAREER & KEY ACHIEVMENTS, Nehemiah Gateway Community Development Corporation: October 2008 to Current Financial Services Director Provide support and leadership to ensure services are operating effectively and in alignment with organization’s mission, goals and objectives by: ¢ Facilitating (directing & over-seeing) recruitment, training and administration of volunteers to serve in the financial services/greeter roles during the DE Tax & Financial Services Campaign. Contributing to short and long-term organizational strategic planning as a member of the management team. Working with Executive Director to manage organization budget and resources, and assist with fund development. ¢ — Serving as a liaison, and fostering relationships with community organizations to cultivate strategic & collaborative partnerships. e Promoting financial education and asset building. e Working with staff to ensure quality services, and fine-tune processes and outcomes. Business Advisor: November 2007 - December 2008 Various projects including working with small business owners to start/grow businesses, and local nonprofit organizations to develop job descriptions, evaluate, assess and make recommendations concerning operational matters and staffing needs. YWCA Delaware: October 1997 - November 2007 Various positions including Program Manager, Director of Training & Education, and Director of Entrepreneurial Services Responsible for the management of all aspects of the department's state-wide micro-enterprise program including supervision, budgeting, programming, data reporting, and assistance with fundraising Also responsible for providing education, training and one-on-one counseling for the growth and development of early-stage and existing businesses, and facilitating project management (from concept to implementation) - to develop and pilot a business cooperative (incubator) in a stand-alone retail setting. PNC Bank/Credit Department: April 1983 - June 1996 Various positions including entry level data entry operator, Jr. Credit Analyst, Credit Analyst I, II & III, Private Banking Supervisor, Banking Officer, Sr. Banking Officer, and Asst. Vice President Administered consumer and commercial credit card lending, and supervised two departmental units - priority processing analysts & credit investigation staff. Served as the senior private banking credit analyst for the department. Full responsibility of developing and maintaining measurable service quality standards for both units. Also responsible for departmental training, staffing issues, and increasing the productivity of the staff by improving the efficiency of departmental operations. EDUCATION & TRAINING B.A., Business Management (cum laude) Howard University, Washington, DC/Lincoln University, Lincoln University, Pennsylvania/ Widener University, Chester Pennsylvania Certified Business Development Trainer, CORE FOUR Business Planning Course Instructor Certification, Northeast Entrepreneurial Fund Other e Introduction to Financial Management, Delaware Association of Nonprofit Agencies * Making Micro-credit Work: Optimizing Conference. Bergen, Norway - Guest speaker/ workshop facilitator - “Marketing & Targeting your Clients” ¢ NeighborWorks Training Institutes - Financial Coaching, Community Economic Development Principles e Delaware Community Reinvestment Action Council, Board of Directors e Former New Castle County Chamber of Commerce, Annual Women’s Entrepreneurial Expo Planning Committee, Chair of Scholarship Committee (6 consecutive years)

Wilmington Ezion Mt. Carmel Church 800 N. Walnut Street Jan & Feb Mon, Tues, & Wed 9:30am - 8pm Thurs & Sat 9:30am — 4pm Mar & Apr Mon 9:30am — 8pm Tues, Wed & Thurs 9:30am - 4pm Sat 9:30am - 4pm Goodwill of DE — Lea Blvd 300 E. Lea Blvd Mon 1] lam - 4pm Wed 11am - 4pm Fri 11am - 4pm Woodlawn Library 2020 W. 9th Street Tues 3pm - 7:30pm Wed, Fri & Sat 10am - 3pm New Castle County Appoquinimink High School 1080 Bunker Hill Road Tues & Thurs 4pm - 8pm Bear Library 101 Governors Place Mon lpm - 6pm Wed lpm - 8pm Fri 10am - 4pm Rosehill Community Center 19 Lambson Lane Tues, Wed & Thurs 2pm - 6:30pm Claymont Library 400 Lenape Way Mon 4pm - 7pm, Wed 10am - 3pm Sat 10am - 4pm. Hudson State Service Center 501 Ogletown Road Mon & Wed 12pm - 8pm Fri & Sat 12pm - 4pm New Castle Library 424 Delaware Avenue Mon 5pm - 8pm Fri 10am - Jpm | <ONLY | Newark Library 750 Library Avenue Kent County Goodwill Milford 694 N. Dupont Highway Wed, Thurs & Fri 3-7pm Sat 9am - 3pm First State CAA - Dover Blue Hen Corp Center 655 S Bay Rad, Ste 43 Fri 9am-5pm Wilmington University Route 13 & Scarborough Rd Mon, Wed & Fri 9am - 4pm Dover Library 35 Loockerman Plaza Wed & Thurs 1pm -7pm Sat 10am - 4pm William Henry Middle School 65 Carver Road Mon & Tues 5:30pm - 8:30pm Sussex County GEORGETOWN Central Sussex (DCRAC office) 20127 Office Circle Georgetown Professional Park Mon 5pm - 8pm Sat 9am - 3pm First State CAA-Georgetown 308 N. Railroad Avenue Tues, Wed & Thurs 9am - 4pm MILLSBORO First State CAA-Long Neck 32980 Shoppes at Long Neck Wed 12pm - 8pm SEAFORD First State CAA-Chandler Heights 2 Chandler Street Tues 12pm - 8pm. i (Limited slots available): Dial 2-1-1 The Delaware Tax & Financial Services Campaign is sponsored by Nehemiah Gateway CDC & First State Community Action Agency. Other sponsors include: Gov. Jack Markell, New Castle County, Artisans’ Bank, Bank of America, Barclaycard US, Citi Foundation, Community Financial Resources, Delaware 2-1-1, DE State University, Dept. of Health and Social Services, Intemal Revenue Service, Kenny Family ShopRite Supermarkets, M & T Bank, PNC Bank, SSD Technology Partners, University of Delaware, United Way of Delaware, Wells Fargo Foundation, Widener School of Law, and Wilmington University.

FREE TAX PREPARATION FOR TAXPAYERS WITH HOUSEHOLD INCOMES: At $32,000 or less with dependents At $35,000 or less without dependents QUICK REFUNDS!!! MAKE THE MOST OF YOUR TAX REFUND... We can open Prepaid Debit Cards, Savings Accounts, or U.S. Savings Bonds at Tax Sites!!! What to Bring to have your Taxes Prepared: *Picture ID & Social Security Cards (REQUIRED FOR ALL—no copies) *Copy of last year’s tax return (if available) *W-2's & 1099’s from your employer *List of other income/ expenses (itemized Deductions) *Childcare information (providers ID number & receipts for amounts paid) *Blank check or account ID card for direct deposit D el aware Tax & Financial *ALL 1099's (interest, dividends, state tax refunds, unemployment, Services Campaian government, & miscellaneous income) paig *1098 for education credit, mortgage interest, or property tax Save some Now... spend later! * Form 1095-A: Health Insurance Coverage (if applicable) INTERESTED IN PREPARING YOUR OWN TAXES? If you make $57,000 or less, you can prepare your own taxes at www.myfreetaxesde.com WORKING AND CAN'T WAIT? USE OUR CONVENIENT, SAFE AND SECURE FOR MORE INFO: DROP-OFF PROCESS - CALL DELAWARE 2-1-1 OR VISIT AVAILABLE AT ALL LOCATIONS!!! www.nehemiahgateway.org For site Info —see reverse side of flyer.

- by. & Sf *% Community Development Corporation 201 W 23rd Street Wilmiagton, DE 19802 WE WANT YOU TO BE PART OF OUR TEAM... Wal a The Delaware Tax & Financial Services Campaign! Become a Volunteer In 2014, Nehemiah Gateway, its collaborating partners, and 265 volunteers completed over 13,000 federal tax returns saving our clients approximately $3.5 million in tax preparation fees and generating over $18 million in federal refunds in the local economy. In addition, we opened 441 new accounts at tax sites, (savings accounts, saving bonds & debit cards), valued at $95,000 in savings, and facilitated about 700 referrals to other community programs around the state. With your help, we could do more! Community Service: Top 6 Reasons to Volunteer: 1. It's good for you - Volunteering provides physical and mental rewards. 2. Volunteers gain professional experience - You can test out a career. It brings people together — Builds camaraderie and teamwork. You make a difference - Every person counts. It promotes personal growth and self esteem. Volunteering encourages civic responsibility - Community service and volunteerism are an investment in our community and the people who live in it. aap w Source: University of Califomia, San Diego website We have a variety of Volunteer Opportunities & flexible hours: Tax Preparers * Financial Services * Greeters WE PROVIDE THE TRAINING!!! The Delaware Tax & Financial Services Campaign has a variety of locations and flexible schedules in all Delaware counties. Visit our website - www.nehemiahgateway.org (302) 655-0803

STAFF REPORT People’s Place II Ruth Dorsey Whatcoat Emergency Homeless Shelter This organization provides emergency assistance for the homeless in the form of a shelter, transitional housing and crisis intervention. People’s Place are the new owners of the Whatcoat Social Service Agency and they do an outstanding job in providing services that aid special needs persons in the community. This project meets the low to moderate income requirement. The grant request in the amount of $6,726.46 is a realistic amount for the renovations to the property. This project is consistent with Goal 2 of the 2010-2014 Consolidated Plan by preserving the existing housing stock in the City of Dover and Goal 4 by providing aid to special needs persons.

People's Place Helping people find their path to growth and independence February 9, 2015 Tracey Harvey City of Dover Planning Department City of Dover 15 Loockerman Plaza Dover, DE 19901 Dear Ms. Harvey: Tam submitting this application for $6,726.46 for Community Development Block Grant (CDBG) funding. This funding will be used to replace 18 windows in our Ruth Dorsey Whatcoat emergency homeless shelter at 381 State College Road in Dover. This 46 bed shelter is the only shelter in Dover and Kent County which serves men, women and children. It has been in operation since 1977. In 2009, People’s Place became the new owner and manager along with Vera’s Haven, ten units of transitional housing. In fiscal year 2014, the Ruth Dorsey emergency homeless shelter provided 10,958 nights of shelter to 710 men, women and children. We are requesting this funding to replace 18 old windows in the original part of the shelter to increase the comfort for residents and increase the energy efficiency of the shelter. In fiscal year 2014 we spent $9,986.73 on propane to heat the original part of the shelter. In addition, we spent $9,725.89 in electric. The addition to the shelter is heated with heat pumps. We are hoping to reduce our heating costs with the new windows. Thank you for your consideration of our request. Please contact me if you have any questions or need additional information. Sincerely, Del Failing Executive Director Administrative Offices 1129 Airport Rd. Milford, DE 19963 Phone — 302-422-8033, Fax — 302-422-8050

RECEIVED FEB 9 - CITY OF DOVER FY 2015-2019 Multi-Year ute ae OF DOVER CDBG GRANT APPLICATION FORM PLANNING & INSPECTIONS 1, General Applicant Information A. Name People's Place II, Inc./People's Place Properties, Inc. Address 1129 Airport Road, Milford, DE 19963 Phone Number 302-422-8033 B. Name, position and signature of person submitting application: Del Failing Wie Director a i Name and position of authorizing official: Del Failing Executive Director C. Name, address and phone number of Contact Person: (if different from B above) (Same as B above) FY 2015 only Activity: Amount Requested: $6,726.46 Source of Cash Matching Funds $

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. Incolumn 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. Incolumn 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 1, AwAotivity | 2. Total 3. L/M 4.% L/M 5. Amount 6. Amount Persons Persons Persons Requested L/M Activity will | Activity will | Activity will | for Activity Benefit Shelter Serve Serve Serve Source of Data; Delaware CMIS, July 1, 2013-June 30, 2014

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Del Failing Executive Director B, Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project, Attached. Del Failing has over 35 years of social services experience. 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Provide a timetable showing monthly milestones for completion of each activity. Attach drawings, plans or other documentation necessary to describe program activities. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan.

F, Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. G. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. H. Describe source and amount of any finds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. 6, Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $ .

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives, Suitable Living Environment x Decent Housing Economic Opportunity Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility Affordability x Sustainability Please provide a proposed outcome based on the information below that applies to your activity Number of persons, households, units, or beds assisted as appropriate 710 persons Income level of persons or households by: Very Low _100 % Low % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. The program activity we are requesting funding for is rehabilitation of a facility that shelters the homeless in Dover. . Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. The program activity we are requesting funding for is rehabilitation of a facility that shelters the homeless in Dover. We are requesting funds to replace the oldest windows in the shelter. This will make the shelter more energy efficient and comfortable. The shelter has 46 beds and serves men, women and children. . Provide a timetable showing monthly milestones for completion of each activity. Order windows- within one week of grant award Install windows- as soon as possible after delivery . Attach drawings, plans or other documentation necessary for completion of each activity. Quote is attached. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Pian. The requested activity conforms with the City’s Consolidated Plan which includes targeting activities for individuals who are homeless. Describe the extent to which the proposed project(s) will address one or more

significant priorities identified by the City’s Consolidated Plan. The requested activity conforms with the City’s Consolidated Plan which includes targeting activities for individuals who are homeless. G. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. Other recent work in the past five years includes new vinyl siding on the shelter funded by the Laffey McHugh Foundation. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. People’s Place is willing to contribute a cash match to this project. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. Local businesses support the shelter with in-kind and cash donations, 6. Have you received a sub-recipient grant from the previous funding year? No. If yes give the total amount $

Deck's Unlimited 807 Spruce Avenue Milford, De. 19963 ESTIMATE DATE ESTIMATE NUMBER | 302-233-8461 2/2/2015 263 Customer People's Place 2 | 1129 Airport Road Milford, De 19963 302-422-8033 GOOD UNTIL 3/4/2015 ITEM DESCRIPTION QTY RATE AMOUNT Whatcoat Shelter window replacements. 0.00 Replace windows in the Old section of the shelter. Retrim windows and paint out. Labor to install Replacement window size 29.5x 54.5 inches. 13 180.00 2,340.00 Windows in the bathrooms, bedrooms and upstairs hallways. Reliabilt by Atrium. #88910. See attached paperwork for 13 186.82 2,428.66 | window details. Labor to install Replacement window size 29.5x65.5 inches. 5 200.00 1,000.00 Windows are in the east and south side common areas. Reliabilt by Atrium.#88910. See attached for window detail. 5 191.56 957.80 Labor includes the removal, replacement, materiasis and 0.00 waste disposal. Subtotal 6,726.46 0% Tax Total 6,726.46

EXPERIENCE: 2010 to present 1997 to 2010 1990-1997 1989-1990 1988-1989 1987-1988 1982-1987 1980-1982 1979-1980 DEL FAILING 1129 Airport Road Milford, DE 19963 (302) 422-8033 Executive Director People’s Place, Inc. Milford, Delaware Associate Director People’s Place, Inc. Milford, Delaware Program Director People’s Place, Inc. Milford, Delaware Program Supervisor Federation Employment and Guidance Service New York, New York Case Manager Supervisor Volunteers of America New York, New York Director of Social Services Westside Cluster New York, New York Psychiatric Social Worker Human Services Worker Herman J. Bennett House Wilmington, Delaware Human Services Worker Governor Bacon Health Center Delaware City, Delaware Psychiatric Technician New Castle Detoxification Center New Castle, Delaware

STAFF REPORT Veteran Housing Complex Rehabilitation Project 15 Clarence Street The applicant’s grant proposal is to renovate an existing five (5) unit building with CDBG funds that will provide affordable rental housing for low to moderate income veterans in the City of Dover. The grant request for $26,250.00 seems to be low based on the interior and exterior condition of the building and rises concern if the building can be brought up to code since the applicant is not leveraging any additional resources. This project is consistent with Goal 2 in the 2010-2014 Consolidated Plan by preserving the existing housing stock in the City of Dover and consistent with the Mayors Challenge to End Veteran Homelessness by December 2015.

City of Dover FY 2015-2019 Multi-Year CDBG Grant Application Proposal Veteran Housing Complex (VHC) Rehabilitation Project 15 Clarence Street, Dover, De. 19904

Google Maps Page 1 of 1 image capture: Apr2012 & 2015 Googe https://www.google.com/maps/@39.155546,-75.53383 1,3a,37.5y,46.61h,84.44t/data=!3m4!... 2/9/2015

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM RECEIVED 1. General Applicant Information | FEB 9~- 2015 CITY OF DOVER A Name Dr. Joe W. Burden, Jr PLANNING & INSPECTIONS Address P.O. Box 1977 Phone Number 302-465-8887 B. Name, position and signature of person submitting application: Dr. Joe W. Burden, Jr Property Owner & Manager Name and position of authorizing official: C. Name, address and phone number of Contact Person: (if different from B above) Dr. Joe W. Burden, Jr P.O. Box 1977 Dover, De. 19904 (302) 465-8887 FY 2015 only Activity: Rehabilitation Amount Requested: $21, 250.00 Source of Cash Matching Funds $3.

1. Low/Moderate-Income Benefit: * (See attached Table) LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. In column 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 1. Low /Moderate Income Benefit *( See attached Table) 2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Dr. Joe W. Burden, Jr Estate Administrator/Property Owner B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. *(See Attached Curricula Vita)

6. Amount 5, Amount Requested for Activity 3. L/M Persons Activity will Serve Trea? Relab ; ; D wis 1-5 SoBe | Smee ]00Z = alana” 2, 250 Joe!) —p | Reel ‘ equgstil tor aD IS p42, 20 oybenion hala se . oo - Wi 5 | Bone Se | 1008 pT Cea 2) ely aeTeSETS, Coo ° "LM Benefit 8

Joe Willis Burden, Jr., Ph.D. EDUCATION LOUISIANA STATE UNIVERSITY PH.D. Baton Rouge, LA Department of Kinesiology *Doctorate of Philosophy (Ph.D.) in Pedagogy (Degree obtained: May 2007) Dissertation Title: Assessing Ethnorelative Pedagogical Preparedness in Physical Education Teacher Education (PETE) Programs MICHIGAN STATE UNIVERSITY M.S, East Lansing, MI Department of Kinesiology *Master of Science in Physical Education & Exercise Science (Degree obtained: August, 1996). NORFOLK STATE UNIVERSITY B.S. Norfolk, VA Department of Health, Physical Education, Recreation & Dance *Bachelors of Science in Physical Education (K-12) (Degree obtained: December, 1994). PROFESSIONAL EXPERIENCE UNIVERSITY OF CENTRAL FLORIDA Fall 2009- Summer 2012 Orlando, FL Department of Child, Family, and Community Sciences (Sport & Fitness) Assistant Professor e Responsibilities include undergraduate teaching; (PET 4710) Physical Education/Activity Methods for Children & Adolescents, and (PET 3765) Coaching. Additional teaching responsibilities at the graduate level include teaching (PET 6252) Race & Gender in Coaching & Sport Leadership and (PET- 5766) Advanced Coaching Theory. Further responsibilities include advising undergraduate and graduate students in Sport & Exercise Science (Physical Activity/Coaching Education majors).

KEAN UNIVERSITY Fall 2005-Spring 2009 Union, NJ Department of Health, Physical Education & Recreation Assistant Professor e Responsibilities included teaching Introductory Field Experience in (PED 2800) K-12 Physical Education;(and ( ID 2950)Technology and the Young Child; Furthermore, responsibilities include teaching (PED 5113) Application of Quantitative Statistical Methods and Computers in Exercise Science and (PED 5112) Research Methods in Exercise Science in the Exercise Science graduate program. In addition, served as the NCATE coordinator for the K-12 Physical Education Teacher Education Program. LOUISIANA STATE UNIVERSITY 08/2000 — 05/2004 Baton Rouge, LA Department of Kinesiology; Graduate Research/Teaching Assistant e Responsibilities included teaching departmental courses and serving as a research assistant with departmental research projects related to examining social and psychological implications of race and diversity in teaching and learning in sport and physical education. DELAWARE STATE UNIVERSITY 08/1999 - 05/2000 Dover, DE Department of Health and Human Performance Sport Management Program Coordinator/ Instructor e Responsibilities included teaching courses (e.g., Sport Law, Facility Management, Sport Leadership, Fitness & Wellness, First Aid & CPR, and Foundations of Sport), chairing the departmental library and computer lab, co-chairing the Sport Management curriculum development committee, and serving as a member of the University Judiciary Committee. THURGOOD MARSHALL MIDDLE SCHOOL 08/1998- 06/1999 Temple Hills, MD Physical Education Teacher (Creative Arts Department Chair) e Responsibilities included teaching physical education, serving as chair of the Creative Arts/ Physical Education staff, and managing the physical education equipment, facilities, and budget. UNIVERSITY OF MARYLAND, COLLEGE PARK 08/1997- 06/1998 College Park, MD Department of Intercollegiate Athletics Assistant Academic Coordinator (Football Program) @ Responsibilities included monitoring study hall for football student-athletes, supervising utilization of tutors, implementing programs to enhance academic and life skills, representing academic support in recruitment of student-athletes, and

advising 30 student-athletes to comply with university and NCAA academic standards. DELAWARE STATE UNIVERSITY 08/1996 - 06/1997 Dover, DE Department of Intercollegiate Athletics Assistant Director of Compliance/Academic Advisor ¢ Responsibilities included advising student-athletes academic progression, reviewing eligibility documents, and monitoring the NCAA and university compliance of six Division I intercollegiate sports. MICHIGAN STATE UNIVERSITY 08/1995 - 05/1996 East Lansing, MI Department of Kinesiology, Graduate Research Assistant e Responsibilities included research assistance with the Michigan Exemplary Physical Education Curriculum (MI-EPEC) grant, a nationally recognized physical education curricular development project, which was funded for implementing the assessment and evaluation of effective (K-12) physical education curriculum in the State of Michigan.

4. Application Work Plan *( See Attached Application Work Plan) Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Provide a timetable showing monthly milestones for completion of each activity. Attach drawings, plans or other documentation necessary to describe program activities. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of

4.) Application Work Plan A. Activity Priority Listing YEAR Ful WG 250 CAR 1 Fuba *(Highest to Activity Action Requested Funding Lowest Priority) Activity 1 Interior Renovation of Unit #1 $4,250.00 Activity 2 Interior Renovation of Unit #2 $4,250.00 Activity 3 Interior Renovation of Unit #3 $4,250.00 Activity 4 Interior Renovation of Unit #4 $4,250.00 Activity 5 Interior Renovation of Unit #5 $4 250.00 Activity 6 Exterior Renovation Task 1 $1,000.00 Exterior Renovation Task 2 $500.00 Exterior Renovation _Task 3 $1,500.00 Activity 9 Exterior Renovation Task 4 $1,000.00 Activity 10 Exterior Renovation Task 5 $1,000.00 B. Program Activity Description Description of the Demonstrated Need for Proposed Program Introduction The State of Homelessness in America 2014 report revealed that nearly 10% of all homeless (over 58,000 individuals) in the United States (US) are veterans (National Alliance to End Homelessness, 2014). 27 out of every 10,000 veterans in the US are homeless and in need of shelter. *More specifically, the aforementioned report revealed that Delaware had the highest percentage increase in homeless veterans in the nation from 2012-2013 at 34.6%, Advocacy for Addressing Homelessness in Veterans in Dover In 2010, as part of the Joining Forces Initiative, the Obama administration established goals to end homelessness in veterans and Michelle Obama announced that several US mayors, governors, and county officials would work towards advocating the end of homelessness veterans in their respective cities and states by the end of 2015 (The White House, 2014) . In an effort to facilitate the national initiative to assist veterans in acquiring housing, in November 2014, WBOC reported that the City of Dover, Delaware would participate in the federal Department of Housing and Urban Development's (HUD) 2015 Mayors Challenge to End Veteran Homelessness (WBOC, 2014).

Local Collaborative Efforts Needed for Housing Veterans in Dover In addressing goals for the Mayor Christensen’s goal to end veteran homelessness in the City of Dover, as a property administrator, I aspire to utilize CDBG funding to rehabilitate an existing vacant apartment building as a means to provide adequate housing for homeless veterans. Program Objectives Mr. Joe Burden, Jr., legal appointed representative of the Estate of Joe Burden, Sr. is proposing the renovation and development of a self-sufficient rental housing complex in the City of Dover, Delaware for disabled veterans, homeless veterans, and/or their families. We are proposing to renovate the current ground level housing complex located at 15 Clarence Street in Dover, Delaware. The Disabled Veteran Housing Complex (DVHC) is proposed to offer (5) two- bedroom apartments with adequate personal backyard space for each unit. The DVHC is centrally located near the downtown Dover area and is 5 minutes from the Del Dot bus station and City of Dover police station, 7 minutes away from Bayhealth Hospital, and sits across the street from Eden Hill medical facility. Program Goals 1. To acquire funding which would facilitate the renovation and development an affordable high quality housing facility which is accessible for the physically challenged, environmentally friendly, with low monthly operating expenses, and thus making rent more affordable for our proposed low to moderate tenants (veterans). 2. To provide sustainable rental space to homeless veterans’ that would improve the social, economic, environmental, and health outcomes of such individuals living in the City of Dover, Delaware.

Program Activity Descriptions & Requested CDBG Funding This project will consist of rehabilitating (5) rental apartments in an vacant apartment building on 15 Clearance Street in Dover, Delaware. The listing below describes the interior/exterior activities which will occur and the requested funding for this project. The total requested funding for interior renovations is $21, 250.00 and exterior funding requests equal $5,000.00. Thus, the total proposed project funding is $26, 250.00. (See Below) Interior renovation activities include: (Ye AR 4\ Exterior activities include: ( Y¢ A R Ay ) *( Interior renovations of all each unit includes): 1) repairing and painting drywall, ($500.00) 2) Installing new sub-flooring & flooring. $ ( 1,000.00) 3) Install baseboard heating units throughout the unit. 4) (1,000.00) 5) Renovate kitchen, (500.00) 6) Spray for insects (pest control), (250.00) 7) Installing new windows (500.00) 8) Installing new doors. (500.00) Total Cost per unit: $4,250.00 X (5) rental units= $21, 250.00 1) 2) 3) 4 5) Installing a fenced divider in the rear yard of each unit to separate property lines and ensure privacy of each occupant. ($ 1,000) (Task 1) Install motion sensor lighting system on building ($500.00)(Task 2) Resurface the exterior facing of the housing complex ( re- stucco, paint) ($1,500.00) (Task 3) Install an lighted exterior sign which reads: (Veterans Housing Complex) in front of the complex. $({ 1,000.00)(Task 4) Install fencing around the complex ($1,000.00) (Task 5) Total Cost for Exterior Renovations: $ 5,000.00 Closing Summary This project strives to facilitate the City of Dover Mayor’s initiative to facilitate housing for homeless veterans in the Dover, Delaware area by assisting through providing cost efficient housing to homeless veterans. In addition, this project will be cutting edge in regards to facilitating Veterans whom may return home from service, as it would serve as the first specific facility which specifically houses Veterans in the City of Dover and the only such facility in the state of Delaware References e National Alliance to End Homelessness (2015, January 7). Mayor Landrieu Announces New Orleans has Ended Veteran Homelessness. http://www .endhomelessness.org/pages/presskit National Alliance to End Homelessness (2014, May 27). The State of Homelessness in America 2014. http://www.endhomelessness.org/library/entry/the-state-of-homelessness-20 14

The White House (2014, June 4). Fact Sheet: Mayors Challenge to End Veteran Homelessness. http://www. whitehouse. gov/the-press-office/2014/06/04/fact-sheet-mayors-challenge-end- veteran-homelessness WBOC (2014, November 12). A Veterans Day Goal: End Vet Homelessness in Dover. http://www. wboc.com/story/27358 797/a-veterans-day-goal-end-vet-homelessness-in-dover C. See attached Monthly Timetable for FY 2015-2019 E. Activity Conformance w/ City’s Consolidated Plan *(Highest to Activity Action Alignment w/ Consolidated Plan # 1 & 4 Lowest Priority) Activity 1 Interior Renovation of Unit #1 1. Provide aid to special needs persons 2. Provide safe and livable neighborhoods | Activity 2 Interior Renovation of 1. Provide aid to special needs persons Unit #2 2. Provide safe and livable neighborhoods Activity 3 Interior Renovation of 1. Provide aid to special needs persons Unit #3 2. Provide safe and livable neighborhoods Activity 4 Interior Renovation of 1. Provide aid to special needs persons Unit #4 2. Provide safe and livable neighborhoods Activity 5 Interior Renovation of 1. Provide aid to special needs persons Unit #5 2. Provide safe and livable neighborhoods Activity 6 Exterior Renovation 1. Provide aid to special needs persons _Task 1 2. Provide safe and livable neighborhoods Activity 7 | Exsior Renovation 1. Provide aid to special needs persons _Task 2 2. Provide safe and livable neighborhoods Activity 8 Exterior Renovation 1. Provide aid to special needs persons _Task 3 2. Provide safe and livable neighborhoods Activity 9 Exterior Renovation 1. Provide aid to special needs persons _Task 4 2. Provide safe and livable neighborhoods Activity 10 Exterior Renovation 1. Provide aid to special needs persons _ Task 5 2. Provide safe and livable neighborhoods

Fiscal Year 2015 Monthly Timetable-Activities Begin Rehab of Unit(s) #1-5 Begin_Rehab on Unit 1 Begin_ Rehab on Unit #2 $4,250.00 Begin_ Rehab on Unit #3 $4,250.00 Begin_Rehab on Unit #4 4,250.00

Monthly Timetabie_Activities Jan. Feb Rehab Unit #5 4,250.00 Mar Begin Exterior Renovations of Veteran Housing Complex. (Task1) May Begin Exterior Task 2 Jun | Jul Begin Exterior Task 3 Aug Sept Begin Exterior Task 4 Oct Nov Begin Exterior Rask 5 Dec PROGRAM ACTIVITIES COMPLETE- 12/31/2015

STAFF REPORT Habitat for Humanity Habitat is a non-profit organization that builds affordable housing by partnering with low income residents to assist with the construction or the rehabilitation of residential properties. Habitat has a proven and successful track record throughout the nation and the State of Delaware. Habitat’s grant proposal is to acquire a vacant home through the Strong Neighborhood Housing Fund and rehabilitate the property with CDBG funds. This project meets the low to moderate income requirement as the property will be sold to a very low income family. The grant request for $50,000 for renovations to the property cannot be determined as a realistic amount at this time since the property has not been acquired. If this grant is awarded, it will be contingent upon the acquisition of a property by the time the grant is awarded. This project is consistent with Goal 2 of the 2010-2014 Consolidated Plan by preserving the existing housing stock in the City of Dover.

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name Central Delaware Habitat for Humanity, Inc. Address 544 Webbs Lane, Dover, DE 19904 Phone Number (302) 526-2366 . Name, position and signature of person submitting application: and, ile Jac¢elyn Tice Executive Director Name and position of authorizing official: Jocelyn Tice, Executive Director C. Name, address and phone number of Contact Person: (if different from B above) N/A FY 2015 only Activity: Housing Rehabilitation Amount Requested: $_50 000 Source of Cash Matching Funds $23 505 yf

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. In column 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE .. AvActivity | 2. Total 3. L/M 4.% L/M 5. Amount 6. Amount Persons Persons Persons Requested L/M Activity will | Activity will | Activity will | for Activity Benefit Serve Serve Serve Source of Data: According -fs the, Amanicon Commun: Gu he sis Magee | aver hovschald Sze. mi sty of Oover ae '' . 50 thc ig Vow she toh! evsons gerued 05 calerclated baseql on the Awmber of Noes.

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Jocelyn Tice Executive Direc Angel Stark fede Paul Fitzwater Ste Superciso- B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Provide a timetable showing monthly milestones for completion of each activity. Attach drawings, plans or other documentation necessary to describe program activities. Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan.

F. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. G. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. 6. Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $N/A :

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment Decent Housing Economic Opportunity Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility Affordability x Sustainability Please provide a proposed outcome based on the information below that applies to your activity Number of persons, households, units, or beds assisted as appropriate 96 Income level of persons or households by: Very Low % Low 100 % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 Grant Application Form 2. Management Capacity CDHFH was founded in 1990 as the Kent County affiliate of Habitat for Humanity International. Over the past 25 years, CDHFH has built and/or renovated 38 homes, providing much needed housing solutions for 171 adults and children. CDHFH continues to maintain a 0% foreclosure rate proving that our program is a long term affordable housing solution. CDHFH has also recently began offering post-homeownership workshops to current Habitat homeowners as a way to continue to empower and educate throughout the years of homeownership. Since 2009, CDHFH has increased its capacity 700% by going from serving an average of one family a year to eight in 2015. The factors driving this exceptional growth include hiring full- time staff members such as an Executive Director and Development Director, increasing funding opportunities, developing partnerships with other affordable housing programs, and utilizing AmeriCorps members in collaboration with Sussex County Habitat for Humanity. CDHFH’s neighborhood revitalization initiative began in 2011 as CDHFH began acquiring property in the Town of Frederica. Over the past four years, CDHFH has acquired twelve properties, either vacant lots or blighted property. Of the twelve properties, ten are currently occupied by Habitat homeowners and two are under construction. The goal of the revitalization initiative is to offer an expanded array of products, services and partnerships, empowering residents to revive their neighborhoods and enhance their quality of life. CDHFH has had an impact by supporting the Town’s effort in hiring a part-time police officer, starting a neighborhood watch program, and supporting their application through Kent County to receive CDBG funds for infrastructure improvements on 5"" Street, CDHFH not only builds new homes, but has renovated 8 homes out of the 38 sold by Habitat. These homes have either been acquired by Habitat through the Neighborhood Stabilization Program (NSP) by partnering with City of Dover, Kent County Levy Court and Diamond State Community Land Trust or donated by banks as they were foreclosures. CDHFH has also successfully managed projects through the Housing Development Fund (HDF) through the Delaware State Housing Authority (DSHA) and CDBG through the City of Dover. CDHFH is the developer, lender, property owner and service provider for this project. Those that make our development team for administering the CDBG project are: e Jocelyn Tice, Executive Director — Ms. Tice has served as the Executive Director for the past six years and is the first Executive Director for CDHFH. Ms. Tice has increased the capacity of the organization as stated above from serving an average of one family per year to eight for 2015. Ms. Tice has also successfully secured and administered $256,500 from DSHA’s HDF program by providing funding for seventeen homes, $700,000 from Federal Home Loan Bank of Pittsburgh by providing for eleven homes, $32,000 from City of Dover’s CDBG for one renovation project, $112,000 of Neighborhood Stabilization Program funds for renovations on five projects.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 e Angel Stark, Bookkeeper — Ms. Stark has served as the Bookkeeper for CDHFH for the past eight years. She has successfully managed the financial requirements with each source of funding to ensure compliance. e Paul Fitzwater, Site Supervisor — Mr. Fitzwater has served as CDHFH’s Site Supervisor for the past five years and is responsible for managing, motivating, and training volunteers on site, ordering materials, ensuring a level of energy efficiency and scheduling subcontractors. He has managed eleven new construction homes and three renovations; however, he has over thirty years of construction experience. Other people that make up our development team are: e Mike Fisher, Attorney - Mr. Fisher has assisted us in selling eleven Habitat homes to eleven new homebuyers and numerous property acquisitions. Mr. Fisher has been very gracious in discounting his service fees which directly impacts the homeowner's mortgage. Mr. Fisher looks forward to continuing this partnership and offering his services at a discount. e Don Grower, Surveyor - Mr. Grower has been conducting surveys for CDHFH since 2009. He is very precise and detailed on each survey he has completed for CDHFH. His surveys are timely and instrumental in the planning process. He completes the initial survey at the time of purchase, stakes out the house and shed to ensure it meets the set- back requirements at the start of construction then conducts a final survey to note the house, shed, driveway, and utility locations. e Brian Lessard, Developer — Mr. Lessard has served on the board of directors for the past five years providing valuable industry standard construction practices to CDHFH. His expertise and experience is valuable as CDHFH continues increase its capacity. In addition to the professionals that provide their expertise and those we have on staff, hundreds of volunteers assist with the construction of each home that allow us to continue to build and renovate more homes each year. 4. Application Work Plan Mission Statement Central Delaware Habitat for Humanity’s mission is seeking to put God’s love into action by bringing people together to build affordable homes, communities, and hope. We do this by partnering with the Kent County community to provide resources, financial support and volunteer time. Purpose of Central Delaware Habitat for Humanity The purpose of Central Delaware Habitat for Humanity (CDHFH) is to build or renovate simple, decent affordable homes in Kent County by partnering with low-income people (60% or below median income). CDHFH also strives to empower and educate each homeowner to be successful in maintaining their property as well as managing finances for their new home. CDHFH is a unique affordable housing organization for the following reasons:

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 e Habitat assists those that are not able to obtain a conventional financing. e Habitat offers a 30 year, 0% interest mortgage. e Each adult in the home will have to complete 250 hours of sweat equity. e Each home is built by volunteers from the local community with the exception of a few subcontractors for various aspects of construction. e Habitat has a first and second mortgage. The second mortgage is referred to as “Silent Second” because it amortizes at the same rate as the first mortgage, but there are no payments made on it. The second mortgage is the difference between the appraised value and the actual cost of the home. In the event the homeowner sells the home prior to 30 years, the first and second mortgage will need to paid in full. This ensures that the new owners do not gain instant equity in the event they choose to sell after they move into their home, as well as keeping the home affordable for life. e CDHFH has maintained a 0% foreclosure rate through 2014. e CDHFH is the only affordable housing organization in Kent County offering a 0% interest mortgage. A. Program Activity Priority The program activities that this application addresses are: e Expanding Home Ownership e Rehabilitating Substandard Housing For Fiscal Years 2015 - 2016, CDHFH will rehabilitate one vacant home that will then be sold to a low-income person who will achieve homeownership. The remaining Fiscal Years, 2017 — 2019, CDHFH will provide minor exterior repairs on current owner-occupied housing to prevent further blight on homes. These repairs would be minor exterior repairs only. All home owners would be required to be 60% or below area median income thus targeting low-income. This program addresses the following two national objectives: e To give maximum feasibility priority to activities which will benefit low and moderate income families e To aid in the prevention of slums and/or blight B. Program Activity Description For Fiscal Years 2015-2016, CDHFH will rehabilitate 1 home within the Central Dover Housing Initiative which is a target area under the Strong Neighborhood Housing Fund (SNHF) through Delaware State Housing Authority and is a smaller area within the Downtown Development District (DDD) and Restoring Central Dover Plan. CDHFH will utilize funds from the SNHF to acquire the property and use the balance of funds along with CDBG funds to rehabilitate the property. CDHFH has not acquired the property; however, there are at least nine potential

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 properties in the target area that would be eligible for CDHFH to acquire. See Exhibit 1 for a map of the target area and location of potential target areas. Only nine of the red parcels are blighted homes that would be available for acquisition. Once the property has been acquired a scope of work will be drafted and bids will be solicited for the contractor required areas. The majority of work will be completed by volunteers coordinated through CDHFH. Once the home has been completed, CDHFH will sell the home to a low- income person with a 0% interest, 30 year mortgage. Homeowners for the program are selected on the following criteria: e Live or work in the Kent County for the past year Demonstrate the ability to pay a mortgage Demonstrate a need for housing Demonstrate a willingness to partner with Habitat Household income must be at or below 60% area median income During the Fiscal Years 2015 - 2016 the number of people this project will serve is minimal if you consider the direct family that will live in the home. The number of people is three per home which is the average family size in the City of Dover. For Fiscal Years 2017 — 2019, CDHFH will implement A Brush with Kindness which targets blighted low-income owner-occupied housing and will conduct minor exterior repairs on a minimum of 10 homes per year. The number of people this will serve per year is 30 which is based on the average family size times ten homes. The minor repairs are related to beautification of the home and neighborhood. Beautification projects include exterior painting, removal of overgrowth in the yard, tree removal, step/deck repair and even wheelchair ramps. The target area would have an emphasis in the DDD area; however, applications would be accepted throughout the City of Dover. See Exhibit 2 for an overview of the program that will be piloted in Frederica. In Kent County, many are paying more than they can afford for housing, not leaving enough for such necessities as good nutrition, health care, education, or saving for the future. Through CDHFH's homeownership model, Habitat is able to offer homeownership opportunities to those who are unable to get a conventional loans and sell the completed homes at below market rate. The following statistics support the need and demand for homeownership program in Kent County and, more specifically, in the City of Dover. Based on Who Can Afford to Live in Delaware 2014, Delaware State Housing Authority’s Kent County Housing Fact Sheet, the fair market value of a two bedroom apartment in Kent County is $910.00 which means an individual earning minimum wage would have to work 97 hours per week to afford that apartment. In 2014, 57% of renters could not afford the 2-bedroom fair market rent making affordable housing out of reach. Of the renter households, 45.9% pay more than 30% of their income to housing. By comparison, CDHFH’s average mortgage payment is $467 and recent homeowners have saved an average of $216 per month comparing their mortgage verse rent.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 The housing wage in Kent County (the wage needed to afford a fair market value two bedroom unit) is $17.50. The typical wage for a teller in Kent County is $11.10, nursing aid $12.39, and retail salesperson $9.96 which are the top occupations by residents living the Restoring Central Dover community. According to Delaware State Housing Authority's Median Home Prices for the second quarter in 2014, the median home price was $178,200 which creates an affordability gap of $28,151 for those at 60% AMI since the qualifying mortgage amount for a conventional loan is $150,049. CDHFH’s average estimated home price for homes located on South Kirkwood Street that will be constructed in 2015 is approximately $136,640. According to the Delaware State Housing Authority’s Needs Assessment 2015 — 2020, this project supports the need for affordable housing: e Shift in smaller households due to smaller family sizes which is increasing in Kent County — CDHFH builds/renovates the house based on the family size and based on varying lot sizes. e Aging population and the need for more affordable housing and housing that allows them to age in place. - CDHFH builds the house based on the needs of the future homeowner. e Increased demand for affordable housing for those with special needs - CDHFH is able to make adjustments during the renovation process for any special needs. e Occupations with the highest growth projection are administrative/office support, sales and food preparation thus a high need for affordable, below market rate housing. — CDHFH will ensure that the sale price of each home does not create a cost burden to the homebuyer. NCALL spearheaded and recently released the ReStoring Central Dover plan (see Exhibit 3 for map of plan area) and the process was designed to be both data-driven and people driven. During the community outreach and engagement there were focus groups, door to door survey, interactive open house and a public meeting. There was also a lot of research conducted to obtain current market conditions and existing housing stock. Here is an outline of the existing conditions of the current market from Restoring Central Dover: e 75% of the plan area is renter occupied as compared to 48% throughout the City of Dover, which is why homeownership is key to stabilizing the community. e The population growth in the plan area is much less relative to the rates in other areas of the City and County which is why it is important to retain existing residents as well as attract new neighbors to stabilize deteriorated blocks. e 13% of the parcel area in the plan area is vacant land and buildings. The clusters of vacancy are opportunities for infill development. e The existing building conditions as they were observed from the street show that 17% are in excellent condition, 43% are in good condition, 37% are in fair condition, and 3% are in poor condition. e Loockerman Street as a commercial corridor offers an opportunity to bring more commercial services within walking distance to Central Dover residential neighborhoods; however, the challenge to overcome in revitalizing the corridor include perception of safety, high vacancy and tenant turnover rates and a lack of readily leasable spaces due to deferred maintenance and lack of resources for property owners to rehabilitate.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 Capitalizing on housing development opportunities on or within walking distance of Loockerman would help change the perception of this struggling commercial corridor as well as bring a denser customer base to support the commercial revitalization. e The area’s weighted average median income, $34,730, is 27% lower than the City of Dover’s $47,754. e 53% of the families in Central Dover are headed by a single female householder compared to one in three families with single family householders city-wide. e 81% or more of renters are paying more than 30% of their income towards gross rent. The preservation of and increased access to affordable housing will be key to providing more housing opportunities to Central Dover residents. e When residents and businesses were asked what they liked least about Central Dover, 42% identified safety in the community. This was the least liked response by a margin of 12%. e Dover Police Department shows that the number of violent crimes per 1,000 person in the Central Dover area rose from 6.16 per person in 2011 to 22.76 per person in 2013 which clearly demonstrates the need for resources to ensure the safety of the Central Dover community. Also, here is a breakdown of housing related statistics as it relates to Kent County, City of Dover and census tracts 433 and 414. The primary location for the two home ownership projects for Fiscal Years 2015 and 2016 will be in the two census tracts, but this project supports the entire Consolidated Plan 2015 — 2019 and the reason for increased home ownership. : sas Kent . Census Tract | Census Tract General Housing Statistics County City of Dover 414 433 Population 160,100 32,316 3,070 3,590 Median Income $55,149 $46,267 $40,043 $45,000 Median Home Value $199,500 $181,300 $180,600 $170,200 Total Housing Units 65,924 14,599 1,656 1,758 re % - # of Occupied Units / % of Total 7" 3 3 Units 58,524/89% | 12,658/87% 1,222/74% 1,398/80% # of Vacant Units / % of Total 6 6 i Units 7,400/11% 1,941/13% 434/26% 360/20% eR : + Owner SE ie of Occupied | 45 3347729% | 6,836/54% 483/40% 709/51% Renter Occupied / % of Occupied a 5 fy Units 16,190/28% | 5,822/46% 739/60% 689/49% Homeownership Rate 54% 40% 51% Median Gross Rent $945 $917 $908 $1,106 : $152,000 or} $130,001 - $99,001 - $99,001 - Median Amount of Home Loans note 170,000 128,000 128,000 % of Renters who are cost 47.06% or 9 4 burdened Pere dee. | 88 ot aoe eseaes

Central Delaware Habitat for Humanity, Inc. City of Dover FY2015-2019 CDBG Grant Application Form February 6, 2015 % of Homeowners who are cost 28.52% or 0 4 burdened aon | ASO | 20602650% | 56 31-39 06%, % of Family Households 70% 59% 43% 60% Avg. Family Size 3.26 3.31 3.66 3.22 % of White Race 68% 48% 44% 32% % African American Race % Housing wns Built 2000 or 30% 13% 10% ater ae 10.89% or 25.37% or 9 i 9 % Living in Poverty ise 16.20-24.64% mare 5.64-10.12% Crimes Rates/100,000 people | Aggrevated Assaults 28002 ox B80; 1] ‘ex N/A N/A more more Burglary 2,839.43 or | 4,016.91 or NA N/A more more Robbery 67.58 or 136.93 or N/A N/A more more Se a ec) 7 | Murder 2.13-3.59 3.42 or less N/A N/A Rape 19.79-28.60 | 42.80-67.43 N/A N/A - Motor Vehicle Theft Iugog | 146.21-240.96 N/A N/A Graduation Rate in Capital School a District 70.70% or less Source 2009-2013 American Community Survey & Policy Map 2008 - 2012 As CDHFH expands home ownership by rehabilitating property throughout downtown, the benefits of home ownership to low-income families are: e Stability and security Safe neighborhood for children to play Children do better in school Health improves throughout the entire family, especially children Develops a sense of pride Develops a sense of community Builds self-esteem CDHFH’s program goals and objectives are: Goal: Transform lives of low income families by providing homeownership opportunities that would otherwise not be possible.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 Objective: To increase the number of affordable housing units within the City of Dover available to low income families. To decrease the number of low income families living in substandard housing. Goal: Equip low-income families with the tools necessary to be successful homeowners Objective: To increase the knowledge of low income families about homeownership, financial management, and home maintenance. To track the number of hours completed by each adult for their sweat equity requirement. Goal: Develop community partners and engage the local community in volunteer opportunities. Objective: | To increase awareness about the need for affordable housing throughout the City of Dover and Kent County. To increase community collaborations through this project that will further benefit low to moderate income families Goal: Improve the existing housing stock of owner-occupied low-income homes. Objective: | To increase awareness about a beautification program that targets minor exterior repairs. To prevent blight in existing neighborhoods by improving the facade of homes. Some outcomes of CDHFH’s homeownership is summarized below based on a survey CDHFH completed with NeighborWorks through Success Measures. The surveys were given to all Habitat homeowners who have lived in their home more than six months. e 95% of homeowners have seen positive changes in their life since their partnership began with CDHFH. e 90% of homeowners felt that the sweat equity they contributed to their home helped prepare them for home maintenance. e 76% of homeowners stated that if given the choice, they would continue to live in their neighborhood. e¢ 86% have continued to monitor their credit. e 67% of homeowners said that the financial literacy classes provided by Habitat helped manage their finances. e 50% said that now that they have their own home their children study more.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 This is the long term impact affordable home ownership has had on low-income people through CDHFH’s program. C. Timetable Below is a timetable for the activity that CDHFH will complete in Fiscal Year 2015. Activity Blighted Home Notes Renovation Site Acquisition June 2015 Environmental Review July/August 2015 Ghee funding: Uecanes available Scope of Work Drafted September 2015 Bids Solicited October 2015 Home Owner Approved November 2015 Bciminemtesnlp Seemntiat will be in August 2015 Permit December 2015 7 Renovation Begins January 2016 Renovation Ends April 2016 Transfer to Owner June 2016 D. Supporting Documentation — Drawings, Plans, Budgets Here is the budget for the rehabilitation of CDHFH’s home in FY15: Blighted Home Acquisition & Rehabilitation Home Price $ 55,000.00 1 $ 55,000.00 Closing Costs $ 3,300.00 1 $ 3,300.00 Insurance $ 700.00 1 $ 700.00 Environmental Assessment & Abatement a Se ; mS 2n Renovation Costs $ 50,000.00 1 $ 50,000.00 Project Total $ 112,277.00 Developer Fee (10%) $ 11,228.00 $ 11,228.00 Total Home Acquisition & Renovation $ 123,505.00 The cost of this project is very reasonable for the City of Dover. The median home price in the city is $181,300, so this make home ownership very affordable for a low-income person. Also, CDHFH will sell the home with a 0% interest mortgage.

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 CDHFH had an as per construction appraisal done on the homes that will be built on South Kirkwood Street and South Queen Street. See Exhibit 4 for a copy of the appraisal for those homes. The appraisal price for those homes is a minimum of $139,000. The housing stock in the target area for acquisition is comparable to the type of homes Habitat will be building downtown. Since the home has not been acquired there are no drawings, plans or other documentation to attach at this time. E. Goals & Objectives of the City’s Consolidated Plan The goals and objectives that CDHFH’s project conforms to are: a. Preserve the existing housing stock in the City of Dover. i. As it relates to FY15 & FY16, CDHFH will be acquiring an existing property to renovate which would be preserving and improving existing housing stock then sold to a low-income home owner. ii. As this relates to the remaining fiscal years, CDHFH will be repairing existing homes that are owned by low-income people throughout the City of Dover. b. Encourage owner occupied housing in low to moderate income areas. i. CDHFH has built 17 homes within the City of Dover and of those 17 homes, 4 are paid off and the remaining continue to be occupied by low-income (60% or below median income) families. CDHFH has not had to foreclose on a homeowner, which speaks for a successful program. ii. CDHFH will be selling eight homes to low-income home owners during calendar year 2015. Of those eight, seven are new construction and one vacant, foreclosed home that will be renovated. iii. | CDHFH is also collaborating with NCALL, MHDC under the SNHF program to create affordable home ownership opportunities to approximately twelve more people in the Central Dover Housing Initiative target area by January 2017. c. Provide safe and livable neighborhoods i. One of the goals of CDHFH’s SNHF application is to reduce crime which is also a goal of the Restoring Central Dover plan. Here are the four goals targeted in the plan that would help reduce crime in this area: 1. Establish collaborate/community policing — This include forming citizen oversight committee on community policing and creating a neighborhood watch network. When residents participated in the 10

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 community resident survey, 60% said they were interested in a neighborhood watch program and 42% said they would volunteer. 2. Deploy police foot and bike patrols — Dover Police Department has created a new street crimes unit targeting downtown which will end on December 31, 2014; however, they will be evaluating current staff and structure to continue to have a presence downtown to reduce crime. This would not only reduce crime but also build relationships between police officers and residents. The police department is looking to deploy a cadet program that would walk the streets around Loockerman in spring 2015. 3. Expand surveillance camera network — The police department does have a plan to add 21 cameras throughout the city and better integrate the existing camera network into an improved single user interface located at the dispatch center. 4. Improve lighting in targeted areas — Public safety can be greatly improved by the installation of better lighting in areas known for high criminal activity. The project partners will talk with Delaware Sustainable Energy Utility about integrating a resident assisted porch lighting program for the target areas identified in the Restoring Central Dover plan as it relates to this project. See lighting map at the end of this section. The Dover Police Department is also aware of our plans for the new construction CDHFH will be doing in 2015 and is in support of those projects. The department also supports the Central Dover Housing Initiative which includes the project described in this application. F. Priorities within the City’s Consolidated Plan CDHFH’s project is addressing three of the six priorities, homeless needs, housing needs and economic development needs. CDHFH’s project addresses homeless by providing a safe, decent affordable home to a person that currently does not own a home and may be renting, living in transitional housing, or living with a friend. Those people are homeless and will have a place to call home once this project is completed. CDHFH is addressing the housing needs as it is creating and increasing homeownership opportunities within the City of Dover through this project. Throughout the process, CDHFH is also educating and empowering home owners to maintain their property and to become active members in their community. CDHFH requires each homeowner contribute 250 hours of sweat equity which include 100 hours for construction, 50 hours for financial literacy and other events and 100 may be donated by family and friends. CDHFH also addresses the priority of economic development. In 2014, CDHFH homes contributed over $12,000 in City of Dover and Kent County taxes. This will only increase based on the number of homes CDHFH sell to low-income people. Also by targeting this project in the 11

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 downtown area, the home owner will have access to various amenities such as public transportation, public services and shopping which will create an economic impact. G. Project Expansion Since 2009, CDHFH has increased the number of home ownership opportunities from one family a year to eight. For the past four years, CDHFH has focused in the Town of Frederica and has partnered with ten new Habitat homeowners and will complete two more in February 2015 for a total of twelve homes. CDHFH has actively increased its program in Kent County. Over the past few years, CDHFH has also been able to participate in the Neighborhood Stabilization Program which has provided experience for rehabilitating vacant property, and CDHFH has been the recipient of multiple properties from banks donating foreclosures to prevent future blight in the neighborhood. Due to the increasing demand for owner-occupied repairs, CDHFH will be piloting A Brush with Kindness in Frederica to supplement all the new homes Habitat has built to have a greater impact and will implement the program in Dover during Fiscal Years 2017 — 2019. This project expands much of the work that is currently happening in the downtown area. Under the Strong Neighborhood Housing Fund, CDHFH in collaboration with Milford Housing Development Corporation (MHDC) and NCALL, created the Central Dover Housing Initiative which is targeting approximately 19 blocks that lies within the Restoring Central Dover plan area as well the City of Dover’s Downtown Development District designation. The Central Dover Housing Initiative will provide approximately twelve new home ownership opportunities to people in that area. This target area was selected because of the momentum that has been generated from the recently released Restoring Central Dover plan, Downtown Development District designation, the new construction of two community centers and the increased crime that has occurred in this area. There are many interested businesses, organizations and community members that are committed to reviving this area. This project will support the work that has already begun in the area. See Exhibit | for a map of these target areas. H. Funding Sources CDHFH was the lead applicant for the SNHF application in collaboration with NCALL and MHDC. CDHFH has been awarded $672,191 to increase home ownership through new construction and rehabilitation for people up to 120% area median income. Funds from this grant will be used to purchase the home that will be renovated for this project. The official announcement will be made on February 12, 2015, so at this time CDHFH has not been sent a letter of approval to attach to this application. Other funding sources CDHFH will target is Federal Home Loan Bank of Pittsburgh, local banks, CDHFH fundraisers, gift in-kind donations and CDHFH’s consistent sources of funding are the ReStore and mortgage payments. CDHFH receives numerous in-kind donations from vendors such as Whirlpool, Valspar, DOW, Schneider Electric, Hunter Douglas, Compliance Environmental, and Diamond State Pest Control. While there is not a commitment letter from these vendors for this specific project, they have supported CDHFH’s program consistently over 12

City of Dover Central Delaware Habitat for Humanity, Inc. FY2015-2019 CDBG Grant Application Form February 6, 2015 the last three years and have expressed interest in continuing their support. CDHFH will continue to ask for donations that are applicable to this project. 5. Business / Community Collaboration CDHFH does not only benefit low-income people but also the business community and the community at large. Volunteers (community members, churches, businesses, civic organizations) are the lifeblood of Habitat. The program creates an opportunity to bring people together that would not ordinarily connect, but are able to build a house together. The community works side by side with the future homeowner as they earn their sweat equity hours. As volunteers are involved from the planning stage through construction, it is an opportunity to build awareness about affordable housing and the issues that revolve around it. In 2014, CDHFH had over 800 volunteers in all aspects of the organization. CDHFH averages 120 volunteers per project. Other key collaborators are: e NCALL-NCALL provides all the financial literacy training to Habitat homeowners which include one-on-one counseling, credit repair, and an all-day homeownership workshop. One of their staff members serves on our board of directors as well another staff member serves on our family selection committee. NCALL is also a partner in the SNHF project. e City of Dover — The City is a key partner in the SNHF project and will continue as CDHFH develops in within the City. e MHDC — MHDC is another key partner in the SNHF project and will develop homes in the Central Dover Housing Initiative area targeting those with a higher income. e Other partners in the SNHF application include Dover Interfaith Mission for Housing and Dover Housing Authority. All the SNHF partners will work together to have the largest impact in the downtown area which supports this CDBG project. 13)

, 2014 h_mxds St tec! i 3 whores ncoln'st? 500 feet Li File: m:\gis_data\projects Date Printed: December Gig, » ‘inch | Cherry Restoring Central Dover Target Area A City Parks Proposed Target Neighborhood DDD Proposed District g E g H E ® 3 3 2 z é i] : 5 = P Legend $

Ednibt 2 Om ie ae A Brush with wir Habitat Kindness for Humanity® Central Delaware Habitat for Humanity is excited to offer, A Brush With Kindness, an owner- occupied home beautification program. Through this program low-income homeowners in Kent County are able to apply for assistance with exterior painting, landscaping, minor exterior repairs and other beautification projects. This program utilizes volunteer labor in an effort to impact the local community. Homeowners are selected based on their income, need and willingness to partner. Here are the basic requirements for the program: O Own and reside in a home in need of minor exterior repairs or beautification (no rental properties) e The homeowner must be unable to afford and/or perform the work themselves O Have homeowner’s insurance coverage OO) Reside within the Kent County service area of Central Delaware Habitat for Humanity e Target community is Town of Frederica Income is 60% or below of the area median household income for Kent County The homeowner must be honest and cooperative with CDHFH and agree to partner with Habitat in all aspects of the project. Homeowner and/or member of household must be willing to be present and assist volunteers as able the day of the project. Oo The total household income must fall below the levels listed in this chart Minimum to Maximum Income Family Monthly Year Size 1 $1,585-$2,267 $13,600-$27,200 2 $1,585-$2,592 $15,550-$31,100 3 $1,585-$2,917 $17,500-$35,000 4 $1,617-$3,233 $19,400-$38,800 | 5 $1,750-$3,500 $21,000-$42,000 6 $1,879-$3,758 $22,550-$45,100 “| 7 $2,008-$4,017 $24,100-$48,200 8 $2,138-$4,275 $25,650-$51,300 (HUD 2014) EQUAL ROUSING OPPORTUNITY

Project requests may involve: O) Exterior Painting C1 Minot exterior repair O Landscaping C1 Overgtowth in the yard Required Attachments: O Proof of home ownership i.e. deed, property tax notice, copy of mortgage payment, etc. O) Proof of homeowner’s insurance i.e. copy of policy or bill C1 Proof of all financial income (pay stubs, state and/or federal assistance documents) for all household residents O) Copy of most recent tax return Next Steps: 1. Submit your completed application and ALL attachments to Central Delaware Habitat for Humanity. Incomplete applications will not be accepted. 2. CDHFH will review your application and complete a home visit to assess the potential project. 3. CDHFH will then review the application and site assessment for approval or denial. All applicants will be contacted regarding the status of your application. Submit applications to: Cynthia Luciano 544 Webbs Lane, Dover, DE 19904 Office contact: (302) 526-2366 Office Hours: Mon. — Fri. 9am — 5pm cluciano@centraldelawarehabitat.org

-. PLAN AREA THE PLAN AREA IS MADE UP OF 75 BLocks WHICH IS ~ APPROXIMATELY 393 acres IN SIZE Sy Sc Lol i

Skylark Appraisal Services, Inc (Main File No. 14CDHH.66GP] Page #2] Property Address: 41 S Queen SL. & 20 Kirkwood St, et al City: Dover State: DE Zip Code. 19904 County:_Kent Legal Description: Deed BYP D 7055 0176 Coordinates 0467773 E_ 0422251 N Assessor's Parcel #: _ 2-05-07611-05-7200-00001 Tax Year 2014 R.E. Taxes: $ 1,000+- Special Assessments: $ 0 Borrower (if applicable): nva Curent Owner of Record: Central Delaware Habitat for Humanity Occupant: [_} Owner Tenant DXj Vacant Manufactured Housing Project Type: PuD_[_] Condominium [_] Cooperative [_} Other (describe) HOA: $ 0. (_] per year_[_] per month Market Area Name: Central Dover south of Division, west of Governors Map Reference: ADC pg 17.4.5 Census Tract_0414.00 The purpose of this appraisal is to develop an opinion of: Market Value (as defined), or other type of value (describe) This report reflects the following value (not Current, see comments): [<I Current (the Inspection Date is the Effective Date) {_] Retrospective _[_] Prospective Approaches developed for this appraisal: [<] Sales Comparison Approach [| Cost Approach [| Income Approach _ (See Reconciliation Comments and Scape of Work) Property Rights Appraised: [X] Fee Simple [| Leasehold [ | Leased Fee |_| Other (describe) Intended Use: The Intended Use of this report is to establish the current markel value of the subject property Intended User(s) (by name or type): Central DE Habitat for Humanity and their legal representatives _No others are intended or named Client Central Delaware Habitat for Humanity Address: _544 Webbs Lane, Dover, DE 19904 yalser: Lynn A_Perrine Address: 4640 Underwoods Comer Rd, Clayton, DE 19938 Location: Urban Suburban | Rural Predominant One-Unil Housing Present Land Use Change in Land Use Built up: OX] Over 75% 25-75% Under 25% | Occupancy | price AGE | One-Unit 70 %| {X] Not Likely Growth rate: = [_) Rapid £] Stable OD Stow (] Owner $000) (yrs) [2-4 Unit 0%] (_] Likely * } In Process * Property values: [_] Increasing [XJ Stable (1 Declining | [X] Tenant too Low 0 _| Multi-Unit 5%| *To Demand/supply: Shortage ] In Balance [<j Over Supply | [<) Vacant (0-5%) | 160 High 100 | Comm’! 5%) ‘Marketing me: _[_] Under 3 Mos. [x] 3-6 Mos. Over 6 Mos. |[] Vacant (>5%) | 138 Pred 20 _|vacant 20% Market Area Boundaries, Description, and Market Conditions (including support for the above characteristics and trends): The neighborhood is bounded to the east by Governors Avenue, south by North Street, west by Saulsbury Road and north by Forest Avenue _The subject is located in central Dover_The area consists of individually built single family homes of vanous ages. styles_ There are apartments, condominiums and mixed use properties in and around the area. The 20%+- vacant land in the area has no affect on the subject's marketability Financing is readily available from a variety of sources and interest rates are very low. There were no sales in the current or prior quarter_ As there is limited market data, values, listing prices and DOM are considered to be stable This market has an oversupply. The appraiser has determined the subject property would have to be exposed for 3 to 6 months on the open market in order lo have a market value of $139-151,000 on the effective date of this appraisal Dimensions: _5,587 sf or 7,500 sf Site Area:__5,625/7,500 Zoning Classification: = RG1 Description: General Residence Zoning Compliance: [X/ Legal__[_] Legal nonconforming (grandfathered) [_} lilegal_[_] No zoning Are CC&Rs applicable? |_| Yes [>] No Unknown Have the documents been reviewed? |_| Yes [x] No Ground Rent (if applicable) $ o/ 0 Highest & Best Use as improved: [Xj Present use, or {_] Other use (explain) Actual Use as of Effective Date: Residential Use as appraised in this report: Residential Summary of Highest & Best Use: Zoning permits residential use _IL is physically possible, appropriately supported, and financially feasible, resulting in highest and best use. Utilities Public Other —Provider/Description Off-site Improvements Type Public Private | Topography Generally Level Electricity xX oO Street Blacktop & O |Sie Aver Gas &® oO CurtyGutter Concrete & Shape Rectangular Water XC Sidewalk Concrete & Drainage Adequate Sanitary Sewer XJ) Street Lights Pole K O |View Residential Storm Sewer Alle) None Other site elements: Inside Lot_[_} Comer Lot Cul de Sac_[_} Underground Utilities Other (describe) FEMA Spec''l Flood Hazard Area Yes [xj No FEMA Flood Zone_x. FEMA Map # 10001C0167H FEMA Map Date 05/05/2003 Site Comments: Standard utility easements apply_No other adverse easements or encroachments were noted _No survey was provided, General Description [Exterior Description Foundation Basement None — | Heating #of Units 4 (© Acc.Unit | Foundation Conerete/good _| Slab nt Area Sq. FL. 0 Type Heat Pump # Of Stores 10r2 Exterior Walls Vinyligood Crawl Space 100% % Finished =o Fuel Electric Type [XJ Det. (] Atl () Roof Surface Composite/good _|Basement n/a Ceiling Design (Style) Contemporary Gutters & Dwnspts. Aluminum/good _| Sump Pump [_] n/a Walls Cooling [1 Existing SX] Proposed [_] Und.Cons.| Window Type _VinySng/good _| Dampness na Floor Cental Central Actual Age (Yrs) 0 StomyScreens Aluminum/good _| Settlement nia Outside Enty Other Effective Age (Yrs) _ 0. Infestation n/a Interior Description Appliances Attic [_]None| Amenities Car Storage LJ None Floors Cal ood Refrigerator [XJ] Stairs Fireplace(s) # 0 Woodstove(s) # 0 Garage #ofcars( 1 Tot) Walls Drywall/good Range/Oven [Xj] Drop Stair [_]} Patio None Attach. 0 Trim/Finish ~=— Woods Disposal {Xl} Scuttle —X]Deck None. Detach. Bath Floor —_Vinyl/good Dishwasher [|] Doorway Porch Covered Bit-In Bath Wainscot Fiberglass/good FanHood = [X]| Floor [_]] Fence None Carport Doors Panel Microwave 5X]! Heated + (_]} Pool None. Driveway 4 WasherDryer_ Dj Finished _[_] Surface Blacktop Finished area above grade contains: 5 Rooms 3-4 Bedrooms 20-21 Baths) 1365-1400 Square Feet of Gross Living Area Above Grade Additional features: The ranch type home will have a 6' x 17° covered porch Describe the condition of the property (including physical, functional and extemal obsolescence): The subjects will be a newly constructed one or two slory home with 3-4 bedrooms and 2 0-2.1 bathrooms. It will be located in an established residential community in west Dover ‘This appraisal covers a sample home located in the same market area on one of sixlots_ The lols included are; 41S Queen SL, parcel # 2-05-07608-05-7200 _37 5’ x 150’. 4 lots on Kirkwood St, 2-05-07608-06-1 100, 2-05-07608-06-1200, 2-05-07608-06-1300, 2-05-07608-06-1500_These four lols will be sub-divided into five lols of 50° x 150° Copyright® 2007 hy a la mode inc. This form may be reproduced unmodified witnout written permission however, ala mode inc must be acknowledged and credited R ES IDE NTIAL Form GPRES2 — 'WinTOTAL” appraisal software by a la mode, inc. — 1-800-ALAMODE 3/2007

[Main File No. 14CDHH.66GP] Page #3 ‘My research [_] did [x] did not reveal any prior sales or transfers of the subject property for the three years prior to the effective date of this appraisal. Data Source(s): Tax Data/ Multi Listing service 1st Prior Subject Sale/Transfer Analysis of sale/tansfer history and/or any current agreement of saleflisting: The subject was transferred twice in 2013 | Date: 12/03/2013 ‘There were no other pnor sales or transfers of the subject in the pas 36 months. Sale 1 was transferred on S| Price: $10.00 02/01/2013 for $55,000. There were no other_pnor sales or transfers of the comparable sales in the past 12 months. Source(s): Land Records All sales have reportedly settled 2nd Prior Subject Sale/Transfer Date: None Price:___ None Source(s): Land Records COMPARABLE SALE # 3 226 N Governors Ave Dover, DE 19904 0.39 miles N SUBJECT Address 41 S Queen St, & 20 Kirkwood St , e Dover, DE 19904 Proximity to Subject E é Sale Price S. Sale Price/GLA $ /sgft|$ Data Source(s) Inspection |trend#6262603, DOM-136 Public Record/MLS trend#6290898. DOM-285 trend#6188716;DOM 134 Public Record/MLS Public Record/MLS: Verification Source(s) Public Record/MLS VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION [+0 S$ Adjust. DESCRIPTION +() $ Adjust. DESCRIPTION +(-) $ Adjust. Sales or Financing None Known, Cash ArmLith Concessions o $3,240 -3,240 Date of Sale/Time 07/14/2014 03/05/2014 10/22/2013 Fee Simple Fee Simple Rights Appraised Fee Simple Suburban, -5.000|Suburban Location ‘Suburban 5,625/7,500 48,016 SqFl -2,418]4320 sf Residential Wooded o|Residenual Contemporary Traditional HP/Central Energy Efficient tems _| None Noted INone noted Garage/Carport Off Stree Off Street Off Street Porch/Patio/Deck Covered Porch/None O|None +1,500| Covered Porch None None. None None None Net Adjustment + X- — of Comparables. 144,450) 151,082 149,110) Summary of Sales Comparison Approach Sale 1 required the fewest gross adjustments and was therefore given the most weight in the final valuation. Although Sales 1 and 2 are more than one mile from the subject, they are_considered to be an alternate choice of the typical buyer. All sales have similar economic. factors and the same school district_ Site adjustments were made at the rate of $10,000/acre for utility, when necessary. Although Sales 1 and 3 are_more than 6 months old, no time adjustments were deemed necessary as no decline is evident. No design adjustments were deemed necessary Sale 2 was adjusted for its location in a more desirable community Age adjustments were made at the rate of $250/year, to account for normal wear_ Sale 3 was also adjusted for condition relative to the subjecl.__For this reason, sale 1 required greater than 25% gross adjustments. Adjustments are typically made al approximately 50% of the estimated cost lo replace/repair the stem, ie. paint, carpet, HVAC, etc . No basement adjustment was deemed necessary for this sale as basements in homes of this age typically have limited utility 139-151,000 Copyright 2007 by aa mode, inc. This form may be reproduced unmodified without writen permission, however. ala mode, inc must be acknowedged and credited RESI DENTIAL Form GPRES2 — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE 3/2007

(Main File No. 14CDHH.66GP] Page #4) File No.:_ 14CDHH 66GP COST APPROACH TO VALUE (if developed) Da The Cost Approach was not developed for this appraisal. Provide adequate information for replication of the following cost figures and calculations. Support for the opinion of site value (summary of comparable land sales or other methods for estimating site value): Site value is based on comparable lot sales in the area _ The Kirkwood Street lots will be sub-divided inlo 5 equal 50’ x 150’ lots. 41S Queen St., is a_37' x 151' lot = 5.587 sf_The estimated site value for this lot is $17,000. Kirkwood St, are 50’ x 150' lots = 7,500 sf_ The estimated sile value for these lots is $23,000 ESTIMATED [_] REPRODUCTION OR [ | REPLACEMENT COST NEW. OPINION OF SITE VALUE... . = ie} Source of cost data:_ Marshall Swift Residential Cost Handbook DWELLING Sqft @$ = Quality rating from cost service: Avg Effective date of cost data: Current Sqft @$ Comments on Cost Approach (gross living area calculations, depreciation. etc.) Sq.Ft. @$ ‘The Cost approach was nol provided SqFt @$ SqFt @ $ Garage/Carport Saft @$ Total Estimate of Cost-New Less Physical [Functional _[Extemal reciaton | =8( } Depreciated Cost of Improvements =$ "As-is" Value of Site Improvements 5 =$ =$ =$ Estimated Remaining Economic Life (if required): 49 Years INDICATED VALUE BY COST APPROACH sn ie} INCOME APPROACH TO VALUE (if developed DZ] The Income Approach was not di for this Estimated Monthly Market Rent $ te) X_Gross Rent Multiplier 0 =$ oO Indicated Value by Income Approach ‘Summary of Income Approach (including support for market rent and GRM): —_ Rental data was nol available as properties of this type are not typically purchased for income production PROJECT INFORMATION FOR PUDs (if applicable! ‘The Subject is part of a Planned Unit Development. Legal Name of Project: Describe common elements and recreational facilites Indicated Value by: Sales Comparison Approach $ 139-151,000 _ Cost Approach (if developed) $ 0 Income Approach (if developed) $ 0 Final Reconciliation The Sales Comparison Approach was used in the final valuation. The sales used are considered to be the best currently available regardless of the size of the dwelling or level of adjustment__ Values appear to be increasing and this market is in balance. The final room count is has not been determined. Il was therefore necessary to express the final opinion of value as a range This appraisal is made [_] "as is". [<) subject to completion per plans and specifications on the basis of a Hypothetical Condition that the improvements have been completed, [_] subject to the following repairs or alterations on the basis of a Hypothetical Condition that the repairs or alterations have been completed, [—] subject to the following required inspection based on the Extraordinary Assumption that the condition or deficiency does not require alteration or repair: Proposed construction, complete according to submitted construction exhibits Utilities turned on and in working order. This report is also subject to other H ical Conditions and/or Extraordinary Assumy as specified in the attached addenda. Based on the degree of inspection of the subject property, as indicated below, defined Scope of Work, Statement of Assumptions and Limiting Conditions, and Appraiser's Certifications, my (our) Opinion of the Market Value (or other specified value type), as defined herein, of the real property that is the subject of this report is: $ 139-151,000 as of: 07/15/2014 , Which is the effective date of this appraisal. If indicated above, this Opinion of Value is subject to Hypothetical Conditions and/or Extraordinary Assumptions included in this teport. See attached addenda. A true and complete copy of this report contains 15+- pages, including exhibits which are considered an integral part of the report. This appraisal report may not be properly understood without reference to the information contained in the complete report. Attached Exhibits: El Scope of Work [XI Limiting Cond/Certfications (1 Narrative Addendum [I Photograph Addenda [XI Sketch Addendum CX Map Addenda Additional Sates © Cost Addendum () Flood Addendum C Manuf. House Addendum [XI Hypothetical Conditions _] Extraordinary Assumptions ___[_] CO) Client Contact’ Jocelyn McBride Client Name: Central Delaware Habitat for Humanity E-Mail:_director@centraldelawarenth com Address: 544 Webbs Lane, Dover, DE 19904 APPRAISER SUPERVISORY APPRAISER (if required) or CO-APPRAISER (if applicable) ‘Supervisory or ele Lk Co-Appraiser Name: Company: Skylark Appraisal Services, Inc Company: Phone: (302) 653-6553 Fax: (302) 653-6603 Phone: Fax E-Mail “skyapps@verizon net E-Mail: Date of Report (Signature): July 25, 2014 Date of Report (Signature): License or Certification # _x2-0000055. State: DE License or Certfication #: State Designation: _DE Certified Residential Real Property Appraiser Designation: Expiration Date of License or Certification: 40/31/2015 Expiration Date of License or Certification: Inspection of Subject: (CJ Interior & Exterior =<] Exterior Only = [_] None | Inspection of Subject: (5 Interior & Exterior == [_] Exterior Only [_] None Date of Inspection: 07/15/2014 Date of Inspection: Conynght®: 2007 by a la mode, inc This form may be reproduced unmodified wahout writen pemusSion, however, ala mode, inc muS{be acknowledged and credfed RESIDENTIAL Form GPRES2 — 'WinTOTAL” appraisal software by a la mode, inc. — 1-800-ALAMODE 3/2007

(Main File No. 14CDHH.66GP] Page #5] ADDITIONAL COMPARABLE SALES File No: 14CDHH 68GP FEATURE SUBJECT COMPARABLE SALE #4 COMPARABLE SALE #5 COMPARABLE SALE #6 Address 41 S Queen SL, & 20 Kirkwood St., ef1207 S Farmvew Dr Dover, DE 19904 Dover, DE 19904 Proximity to Subject ee 1.09 mil nee Sale Price $ a $ ime ee A Sale Price/GLA Ss /sqfU}$ 93 28 /sq.ft. {sq.ft ‘sqft | Data Source(s) Inspection trend#6234997, DOM-4 Verification Source(s) __| Public Record/MLS _|Public Recor/MLS. VALUE ADJUSTMENTS DESCRIPTION DESCRIPTION +() $ Adjust. DESCRIPTION +(-) $ Adjust. DESCRIPTION +() $ Adjust. Sales or Financing None Known, FHA Concessions o $2,000 -2,000 Date of Sale/Time 07/14/2014 07/31/2013 Rights Appraised Fee Simple Fee Simple Location ‘Suburban [Suburban -5,000} Site 5,625/7,500 7841 sf View Residential Residential Design (Style) Contemporary Contemporary Quality of Construction [Average [Average Age 0 24 +6,000 Condition Good Good Above Grade Total [Barms|_Baths | Total [Bdrms| _ Baths Total | Bdrms] Baths Total [Barms| Baths Room Count 5 |34]2021/8 [3] 21 o Gross Living Area 4,365-1400 sq.ft 1,608 sqft -5,200) sg.f sq.ft Basement & Finished Ost Ost Rooms Below Grade Functional Utility Average Average Heating/Cooling HP/Central EWA/Central 4 o} Energy Efficient items | None Noted None noted | Garage/Ci Off Stree Off Stree’ Car -2,500| Porch/Patio/Deck Covered Porch/None |Covered Porch ) None Fireplace -2,000] None None None None Net Adjustment (Total Big + - |§ -10.700 + ()- |s + - | Adjusted Sale Price = | a of Comparables : 1s 139,300} $ $ | Summary of Sales Comparison Approach Sale 4 was transferred on 01/10/2013 for $87,000. There were no other prior sales or transfers of Sale 4 in the pnor 12 months Although Sale 4 is more than one mile from the subject, it is considered to be an altemate choice of the typical buyer. All sales have similar economic factors and the same school districl__Although Sale 4 is more than 6 months old, no time adjustments were deemed necessary as no decline is evident. Sale 4 was adjusted for its location in a more desirable community Age adjustments were made at the rale of $250/year, to accounl for normal wear. Copynght® 2007 by a la mode. inc This form may be reproduced unmosified without written permission, however, ala mode. inc. must be acknowledged and credited RESIDENTIAL Form GPRES2.(AC) — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE 3/2007

(Main File No. 14CDHH.66GP] Page #6] Assumptions, Limiting Conditions & Scope of Work File Nox 14CDHH 66GP [Property Address: 41 S Queen SL. & 20 Kirkwood St, el al City: Dover State: DE Zp Code: 19904 lien, _ Central Delaware Habitat for Humanity Address: 544 Webbs Lane, Dover, DE 19904 A ae Lynn A. Perrine Address: 4640 Underwoods Comer Rd, Clayton, DE 19938 STATEMENT OF ASSUMPTIONS & LIMITING CONDITIONS he appraiser will not be responsible for matters of a legal nature that affect either the property being appraised or the title to it. The appraiser assumes that the tille is good and marketable and, therefore, will not render any opinions about the title. The property is appraised on the basis of it being under responsible ownership. | — The appraiser may have provided a sketch in the appraisal report to show approximate dimensions of the improvements, and any such sketch | is included only 1 assist the reader of the report in visualizing the property and understanding the appraiser's determination of its size. Unless otherwise indicated, a Land Survey was not performed. — If so indicated, the appraiser has examined the available flood maps that are provided by the Federal Emergency Management Agency (or other data sources) and has noted in the appraisal report whether the subject site is located in an identified Special Flood Hazard Area. Because the appraiser is not a surveyor, he or she makes no guarantees, express or implied, regarding this determination. — The appraiser will not give testimony or appear in court because he or she made an appraisal of the property in question, unless specific rrangements to do so have been made beforehand. If the cost approach is included in this appraisal, the appraiser has estimated the value of the land in the cost approach at its highest and best use, and the improvements at their contributory value. These separate valuations of the land and improvements must not be used in conjunction '| with any other appraisal and are invalid if they are so used. Unless otherwise specifically indicated, the cost approach value is not an insurance | value, and should not be used as such. '| — The appraiser has noted in the appraisal report any adverse conditions (including, but not limited to, needed repairs, depreciation, the presence of hazardous wastes, toxic substances, etc.) observed during the inspection of the subject property, or that he or she became aware of during the normal research involved in performing the appraisal. Unless otherwise stated in the appraisal report, the appraiser has no knowledge of any _| hidden or unapparent conditions of the property, or adverse environmental conditions (including, but not limited to, the presence of hazardous | | wastes, toxic substances, etc.) that would make the property more or less valuable, and has assumed that there are no such conditions and | makes no guarantees or warranties, express or implied, regarding the condition of the property. The appraiser will not be responsible for any such conditions that do exist or for any engineering or testing that might be required to discover whether such conditions exist. Because the appraiser is not an expert in the field of environmental hazards, the appraisal report must not be considered as an environmental assessment of _| the property. — The appraiser obtained the information, estimates, and opinions that were expressed in the appraisal report from sources that he or she | considers to be reliable and believes them to be true and correct. The appraiser does not assume responsibility for the accuracy of such items that were furnished by other parties. _|— The appraiser will not disclose the contents of the appraisal report except as provided for in the Uniform Standards of Professional Appraisal '| Practice, and any applicable federal, state or local laws. _|— If this appraisal is indicated as subject to satisfactory completion, repairs, or alterations, the appraiser has based his or her appraisal report _| and valuation conclusion on the assumption that completion of the improvements will be performed in a workmanlike manner. | |— An appraiser's client is the party (or parties) who engage an appraiser in a specific assignment. Any other party acquiring this report from the | client does not become a party to the appraiser-client relationship. Any persons receiving this appraisal report because of disclosure requirements ‘| applicable to the appraiser's client do not become intended users of this report unless specifically identified by the client at the time of the assignment. _|— The appraiser's written consent and approval must be obtained before this appraisal report can be conveyed by anyone to the public, through | advertising, public relations, news, sales, or by means of any other media, or by its inclusion in a private or public database. — An appraisal of real property is not a ‘home inspection’ and should not be construed as such. As par of the valuation process, the appraiser performs a non-invasive visual inventory that is not intended to reveal defects or detrimental conditions that are not readily apparent. The presence | of such conditions or defects could adversely affect the appraiser's opinion of value. Clients with concerns about such potential negative factors '| are encouraged to engage the appropriate type of expert to investigate. The Scope of Work is the type and extent of research and analyses performed in an appraisal assignment that is required to produce credible assignment results, given the nature of the appraisal problem, the specific requirements of the intended user(s) and the intended use of the appraisal report. Reliance upon this report, regardless of how acquired, by any party or for any use, other than those specified in this report by the Appraiser, is prohibited. The Opinion of Value that is the conclusion of this report is credible only within the context of the Scope of Work, Effective Date, the Date of Report, the Intended User(s), the Intended Use, the stated Assumptions and Limiting Conditions, any Hypothetical Conditions and/or Extraordinary Assumptions, and the Type of Value, as defined herein. The appraiser, appraisal firm, and related parties assume “| no obligation, liability, or accountability, and will not be responsible for any unauthorized use of this report or its conclusions. 1 ‘| Additional Comments (Scope of Work, Extraordinary Assumptions, Hypothetical Conditions, etc.): There are no warranties expressed or implied relating to the subject property. GRSDNA te ti

(Main File No. 14CDHH.66GP] Page #7) Certifications File No: 14CDHH 66GP. roperty Address: 41 S Queen St, & 20 Kirkwood St. et al City: Dover State: DE Zip Code: 19904 lient: Central Delaware Habitat for Humanity Address:_544 Webbs Lane. Dover. DE 19904 | { Appraiser: Lynn A. Perrine Address:_4640 Underwoods Comer Rd, Clayton. DE 19938 {Apr | APPRAISER'S CERTIFICATION __| | certify that, to the best of my knowledge and belief: — The statements of fact contained in this report are true and correct. — The credibility of this report, for the stated use by the stated user(s), of the reported analyses, opinions, and conclusions are limited only by the reporled assumplions and limiting conditions, and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. | _|—| have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. — [have no bias with respect to the property that is the subject of this report or to the parties involved with this assignment. — My engagement in this assignment was not contingent upon developing or reporting predetermined results. — My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value that favors the cause of the client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent vent directly related io the intended use of this appraisal. — My analyses, opinions, and conclusions were developed, and this repori has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared. _| —! did not base, either partially or completely, my analysis and/or the opinion of value in the appraisal report on the race, color, religion, | sex, handicap, familial status, or national origin of either the prospective owners or occupants of the subject property, or of the present wners OF occupants of the properties in the vicinity of the subject property. — Unless otherwise indicated, | have made a personal inspection of the property that is the subject of this report. — Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification. _ | Additional Certifications: |_| DEFINITION OF MARKET VALUE *: | Market value means the most probable price which a property should bring in a competitive and open market under all conditions requisite | | to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus. | | Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions | whereby: 1. Buyer and seller are typically motivated; 2. Both parties are well informed or well advised and acting in what they consider their own best interests; | 3. A reasonable time is allowed for exposure in the open market; } 4. Payment is made in terms of cash in U.S. dollars or in terms of financial arrangements comparable thereto; and | 5. The price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions | granted by anyone associated with the sale. | * This definition is from regulations published by federal regulatory agencies pursuant to Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) of 1989 between July 5, 1990, and August 24, 1990, by the Federal Reserve System (FRS), National Credit Union Administration (NCUA), Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS), | and the Office of Comptroller of the Currency (OCC). This definition is also referenced in regulations jointly published by the OCC, OTS, |_| FRS, and FDIC on June 7, 1994, and in the Interagency Appraisal and Evaluation Guidelines, dated October 27, 1994. Client Name: Central Delaware Habilat for Humanity Address:_544 Webbs Lane, Dover, DE 19904 SUPERVISORY APPRAISER (if required) or CO-APPRAISER (if applicable) : Supervisory or ebb LM Co-Appraiser Name f@| COmpany: Skylark Appraisal Services, inc. Company: [a3] Phone: (302) 653-6553 Fax: (302) 653-6603 Phone: '| E-Mail: skyapps@verizon.net E-Mail "| Date Report Signed: July 25, 2014 Date Report Signed: _ | License or Certification #. _x2-0000055 State’ DE License or Certification #: State: | {Designation: DE Certified Residential Real Property Appraiser Designation: ~ | Expiration Date of License or Certification: §=— 10/31/2015. Expiration Date of License or Certification: _] Inspection of Subject: [_) Interior & Exterior [X] Exterior Only © [_] None | Inspection of Subject: Interior & Exterior [_] Exterior Only = L_] None a Date of Inspection. 07/15/2014 Date of Inspection: (EQRESIDENTIAL —samamescad —vintotA apes sotwaedyatmote ne T0008

Page #8} Main File No. 14CDHH.66GP| Market Conditions Addendum to the Appraisal Report rien. s4cont.sece The purpose of this addendum is to provide the lender/client with a clear and accurate understanding of the market trends and conditions prevalent in the subject Neighborhood. This is a required addendum for all appraisal reports with an effective date on or after April 1. 2009. Property Address 41 S Queen Sl, & 20 Kirkwood Sl, et al City Dover Borrower__n/a Instructions: The appraiser must use the information required on this form as the basis for his/her conclusions. and must provide support for those conclusions, regarding housing trends and overall market conditions as reported in the Neighborhood section of the appraisal report form. The appraiser must fil in all the information to the extent it is available and reliable and must provide analysis as indicated below. If any required data is unavailable or is considered unreliable, the appraiser must provide an explanation. It is recognized that not all data sources will be able to provide data for the shaded areas below; if it is available, however, the appraiser must include the data in the analysis. if data sources provide the required information as an average instead of the median, the appraiser should report the available figure and identify it as an average. Sales and listings must be properties that compete with the subject property. determined by applying the criteria thal would be used by a prospective buyer of the State DE ZIP Code 19904 subject property. The appraiser must explain any anomalies in the data, such as seasonal markets, new constuction, foreclosures. etc. Inver Prior 7-12 Months Prior 4-6 Months Current - 3 Months Overall Trend Total # of Comparable Sales (Settled) 33. () oO Increasing Stable Declinini Absorption Rate (Total Sales/Months) 550 0.33 033 Increasing [<I Stable Declinint Total # of Comparable Active Listings 47, 17 34 Stable Months of Housing Supply (Total Listings/Ab.Rate) 34 51.5 1030 Dec! Stable In Median Sale & List Price, DOM, Sale/List % Prior 7-12 Months Prior 4-6 Months Current - 3 Months Overall Trend Median Comparable Sale Price 130,600 0 0 [LJ Increasing [D<J Stable Declinini Median Comparable Sales Days on Market 90 oO 0 [_] Declinin Stable |[_| Increasin Median Comparable List Price 139,900 139,900 138,500 Stable Dec! Median Comparable Listings Days on Market 185 146 83 Stable Inc 4 Median Sale Price as % of List Price 95.91 9877 98.77 [_] Increasing Stable (] Declinin Pe] Scller-(developer, builder, etc.)paid financial assistance prevalent? D<] Yes |_| No [_J Declining [1x] Stable Increasint Explain in detail the seller concessions trends for the past 12 months (e.g., seller contributions increased from 3% to 5%, increasing use of buydowns, closing costs, condo £4 fees, options, etc.). _ Builder's Incentive and seller concessions are typical for this markel__The are typically 1-5% of the sales pnce___The list-to-sell ratio may be effected by the inclusion of settlement assistance and low interest rates. Eq Are foreclosure sales (REO sales) a factor in the market? [><] Yes [_] No__|fyes, explain (including the tends in listings and sales of foreclosed properties). The entire market has been effected by changes in the pas| few years. There have been foreciosures/REO sales in the market area__The market, as a whole, appears to be stabilizing. Cite data sources for above information. Trend Multi-Listing Services, County Tax Records ‘Summarize the above information as support for your conclusions in the Neighborhood section of the appraisal report form. Hf you used any additional information, such as an analysis of pending sales and/or expired and withdrawn listings. to formulate your conclusions. provide both an explanation and support for your conclusions. In order to obtain sutficient market data the search area was expanded to include comparable homes within a 1.5 mile radius. These communities and comparable sales are considered to be an allernate choice of the prospective buyer_The value range used was $100,000-$160,000._ The figures and days-on-markel are shown as a median. There were no sales in the current or pnor quarter_As there is limited market data, values. listing pices and DOM are considered to be stable. This market has an oversupply ‘The appraiser has determined the subject property would have lo be exposed for 3 to 6 months on the open markel in order to have a market value of $139-151,000 on the effective date of this appraisal. If the subject is a unit in a condominium or cooperative Cor the following: Project Name: Subject Project Data Prior 7-12 Months Prior 4-6 Months Current - 3 Months Overall Trend Total # of Comparable Sales (St Increasins Stable Declinin Absorption Rate (Total Sales/Months Increasing Stable [_} Declinin Total # of Active Comparable Listings Stable Months of Unit Su ‘otal Listings/Ab Rate) Stable Are foreclosure sales (REO sales) a factor in the project? |_|} Yes No Hyes, indicate the number of REO listings and explain the trends in listings and sales of foreclosed properties. Summarize the above trends and address the impact on the subject unit and project. ‘The observations in this addendum are based on the data source identified above which is generally believed to be an acceptable source of market data_The accuracy of the data cannot be quaranleed as it relies on the input at the source. EXPOSURE TIME: the estimated length of time that the property interest being appraised would have been offered on the market prior to the hypothetical consummation of a sale al market value on the effective date of the appraisal Signature Signature Appraiser N Supervisory Appraiser Name Company Namé*__ Skylark Appraisal Services, Inc. Company Name Company Address 4640 Underwoods Comer Rd. Clayton, DE 19938 Company Address State License/Certfication #_x2-0000055 State_DE State License/Certfication # State Email Address skyapps@verizon net Email Address Freddie Mac Form 71 March 2009 Page 1of1 Fannie Mae Form 1004MC = March 2009 Form 1004MC2 — "WinTOTAL" appraisal software by a la mode. inc. — 1-800-ALAMODE

Main File No. 14CDHH.66GP] Page #9} File No. 14CDHH 66GP_ nla Property Address 41 S Queen St, & 20 Kirkwood St., et al City Dover County Kent Central Delaware Habitat for Humanity APPRAISAL AND REPORT IDENTIFICATION State DE Zip Code_19904 This Report is one of the following types: (A written report prepared under Standards Rule 2-2(a) . pursuant to the Scope of Work, as disclosed elsewhere in this report.) (X] Appraisal Report (A written report prepared under Standards Rule 2-2(b) . pursuant to the Scope of Work, as disclosed elsewhere in this report, restricted to the slaled intended use by the specified client or intended user ) Restricted ~ Appraisal Report Comments on Standards Rule 2-3 | certify that, to the best of my knowledge and belief: — The statements of fact contained in this report are true and correct. — The reported analyses, opinions, and conclusions are limited only by the reported assumptions and limiting conditions and are my personal, impartial, and unbiased professional analyses, opinions, and conclusions. — Unless otherwise indicated, | have no present or prospective interest in the property that is the subject of this report and no personal interest with respect to the parties involved. — Unless otherwise indicated, | have performed no services, as an appraiser or in any other capacity, regarding the property that is the subject of this report within the three-year period immediately preceding acceptance of this assignment. —| have no bias with respect to the property that is the subject of this report or the parties involved with this assignment. — My engagement in this assignment was not contingent upon developing or reporting predetermined results. — My compensation for completing this assignment is not contingent upon the development or reporting of a predetermined value or direction in value thal favors the cause of the Client, the amount of the value opinion, the attainment of a stipulated result, or the occurrence of a subsequent event directly relaled to the intended use of this appraisal. — My analyses, opinions, and conclusions were developed, and this report has been prepared, in conformity with the Uniform Standards of Professional Appraisal Practice that were in effect at the time this report was prepared. — Unless otherwise indicated, | have made a personal inspection of the property that is the subject of this report. — Unless otherwise indicated, no one provided significant real property appraisal assistance to the person(s) signing this certification (f there are exceptions, the name of each individual providing significant real property appraisal assistance Is stated elsewhere in this report) a Comments on Appraisal and Report Identification Note any USPAP related issues requiring disclosure and any State mandated requirements: This Appraisal report was prepared in accordance with FIRREA Title XI The Intended User of this Appraisal Report is the Lender/Client. The Intended Use is lo evaluate the that is the subject of the appraisal for construction of a home, subject to the stated Scope of Work, se of the isal, reporting requirements of this aj isal report form, and Definition of Market Value. No additional Intended Users are identified by the ‘aiser | certify, as the appraiser, that | have completed all aspects of this valuation, including reconciling my opinion of value, free of influence from the client, client's representatives, borrower, or any other party lo the transaction. J have no current or prospective interest in the subject property or the parties involved, and no services were performed by the appraiser within the 3 year period immediately preceding acceplance of this assignment, as an appraiser or in any capacity ed Ihave performed no (or the specified) other services, as an appraiser or in any other capacity, regarding the property thal is the subject of the work under revi | within the three-year period immediately preceding acceptance of this assignment SUPERVISORY or CO-APPRAISER (if applicable): APPRAISER: Signature: Signature: Name; ® ee $ Name: DE Certified Residential Real Property Appraiser State Certification #: x2-0000055 State Certification #: or State License #: or State License #: State: DE Expiration Date of Certfication or License: 10/31/2015 State Expiration Date of Certification or License: Date of Signature and Report: July 25, 2014 Date of Signature: Effective Date of Appraisal: 07/15/2014 Inspection of Subject. [J None [_] interior and Exterior 1X) Exterior-Only Inspection of Subject. [_] None [_] Interior and Exterior {_] Exterior-Only Date of Inspection (if applicable): Date of Inspection (if applicable): 07/15/2014 Form ID14 — "Win TOTAL" appraisal software by a la mode. inc. — 1-800-ALAMODE

Main File No. 14CDHH.68GP] Page #10} Subject Photo Page Borower/Client__ na Property Address _41 S Queen SL, & 20 Kirkwood St, et al City Dover County Kent State_DE Zp Code 19904 Lender Central Delaware Habitat for Humanity Kirkwood Street Lot 41 S Queen St , & 20 Kirkwood Sl, et al Sales Price Gross Living Area 1365-1400 Total Rooms 5 Total Bedrooms 3-4 Total Bathrooms = 20-21 Location ‘Suburban View Residential Site 5,625/7 500 Quality Average Age 0 Street North Street South Form PIC3x5.SR — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Main File No. 14CDHH.66GP] Page #11 Subject Photo Page Borrower/Client__nva Property Address_41 S Queen St , & 20 Kirkwood St.. et al | City Dover County Kent State_DE Zip Code_19904 Lender Central Delaware Habitat for Humanity Queen Street Lot 41S Queen St, & 20 Kirkwood St, et al Sales Price Gross Living Area 1,365-1400 Total Rooms 5 Total Bedrooms = 3-4 Total Bathrooms = 20-21 Location ‘Suburban View Residential Site 5,625/7,500 Quality Average Age 0 Street South Street North Form PIC3x5.SR — "Win TOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

(Main File No. 14CDHH.66GP] Page #12} Comparable Sales Borrower/Client__ n/a Property Address 41 S Queen SL. & 20 Kirkwood St., et al City Dover County Kent State_DE Zip Code 19904 Lender Central Delaware Habilal for Humanity Comparable 1 40 Virginia Ave Prox. to Subject 1.19 miles NW Sale Price 145,000 Gross Living Area 1,374 Total Rooms ‘ Total Bedrooms 4 Total Bathrooms = 2.1 Location ‘Suburban View Residential Site 7644 st Quality Average Age 21 Comparable 2 217 McKee Rd Prox. to Subject 1.40 miles NW Sale Price 157,000 Gross Living Area 1,430 Total Rooms 6 Total Bedrooms = 3. Total Bathrooms + 20 Location Suburban View Wooded Site 18,016 Sq.Ft Quality Average Age 0 Comparable 3 226 N Governors Ave Prox. to Subject. 0.39 miles N Sale Price 108,000 Gross Living Area 4,176 Total Rooms 6 Total Bedrooms 3 Total Bathrooms = 41 Location ‘Suburban View Residential Site 4320 sf Quality Average Age 83 Form PIC3x5.CR — 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Main File No. 14CDHH.66GP| Page #13} Comparable Photo Page Borrower/Client__ nia Property Address 47 S Queen St, & 20 Kirkwood St, et al | City Dover County Kent State_DE Zip Code_19904 Lender Central Delaware Habilat for Humanity Comparable 4 1207 S Farmwew Dr Prox. to Subject 1.09 miles W Sales Price 150,000 Gross Living Area 1,608 Total Rooms 8 Total Bedrooms 3. Total Bathrooms = 2.1 Location ‘Suburban View Residential Site 7841 sf Quality Average Age 24 Comparable 5 Prox. to Subject Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Comparable 6 Prox. to Subject Sales Price Gross Living Area Total Rooms Total Bedrooms Total Bathrooms Location View Site Quality Age Form PIC3x5.CR — "WinTOTAL” appraisal software by a la mode, inc. — 1-800-ALAMODE

(Main File No. 14CDHH.66GP] Page #14 Building Sketch Borrower/Client__nva Property Address 41 S Queen St & 20 Kirkwood St. et al City Dover Lender Central Delaware Habitat for Humanity County Kent State_DE Zip Code_ 19904 18' Bedroom Kitchen Bedroom 18' TOTAL Skech by a by mode ine Area Calculations Summary 720 Sq ft 40 x 18 = 720 720 Sq ft 40 x 18 = 720 Form SKT.BidSki — 'WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Main File No. 14CDHH.66GP| Page #15] Building Sketch Borrower/Client__nva Properly Address_41 S Queen St, & 20 Kirkwood SL. et al City Dover County Kent Stale_ DE Zip Code_19904 Lender Central Delaware Habitat for Humanity Bedroom Bedroom Bedroom Bedroom Great Room 17\ecreal Covered Porch © TOTAL Sketch by a ta mode, ane. Area Calculations Summary 1365 Sq ft 17x IS= 255 30 x 37 = 1110 Form SKT.BIdSkl — ‘WinTOTAL” appraisal software by a la mode. inc — 1-800-ALAMODE

(Main File No. 14CDHH.66GP| Page #16) L é ” 4 . VA no ‘ \ «: wry hy ‘\ \\: SAN on ae \vjus : i Form SCNLGL — "WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

Location Map Main File No. 14CDHH.66GP] Page #17| Borrower/Client nla Property Address_41 S Queen St, & 20 Kirkwood St. et al Dover County Kent State_DE Zip Code_19904 Central Delaware Habitat for Humanity d The Hamlet Cal x” oe Comparable # 1 40 Virginia Ave 1.19 miles NW Comparable # 2 217/McKee Rd 1.40 miles NW. 41 S$ Queen St. N Farmview Dr S Farmview Dr Comparable # 4 1207 S Farnwiew Dr 1.09 miles W ot Cree Way e erst 2 Pleasanton Acres Comparable # 3 226 N Governors Ave 0.39)miles\N Subject , & 20) Kirkwood St., et al. Form MAP.LOC —"WinTOTAL" appraisal software by a la mode, inc. — 1-800-ALAMODE

License 2015 STATE OF DELAWARE | DIVISION OF PROFESSIONAL REGULATION Certified Residential Real Property Appraiser Lynn A. Perrine MAILING ADDRESS Lynn A. Perrine 4640 Underwoods Corner Road Claylon DE 19938 = PROFESSIONAL LICENSE Main File No. 14CDHH.66GP] Page #18} c 10/31/2015 C-_L? 388794 Form SCNLGL — "WinTOTAL" appraisal software by a la mode. inc. — 1-800-ALAMODE

STAFF REPORT Milford Housing Development Corp (MHDC) Housing Rehabilitation Program The Housing Rehabilitation Program formally managed by the city’s Community Development Office will be managed by MHDC if grant is awarded. MHDC is a successful and established nonprofit affordable housing developer which was founded in 1977 and services Kent and Sussex counties. This project services 100% low to moderate income persons. The grant request of $60,000 is a realistic amount for a maximum up to $15,000 per home which will service 4-5 homeowners during the program year. MHDC staff has the level of expertise and experience to continue the success of managing the Housing Rehabilitation Program, and also required to adhere to federal regulations set forth by HUD. This project is consistent with Goal 2 of the 2010-2014 Consolidated Plan by preserving the existing housing stock in the City of Dover.

977 East Masten Circle 302-422-8255 phone Milford, DE 19963 MHDC 302-422-8260 fax AFFORDABLE HOUSING SGLUTIGNS www.milfordhousing.com RECEIVED February 5, 2015 FEB 9- 2015 Ms. Tracey N. Harvey 2 City of Dover Planning Department CITY OF DOVER City of Dover PLANNING & INSPECTIONS 15 Loockerman Plaza Dover, DE 19901 RE: City of Dover CDBG Grant Application FY 2015-2019 — Housing Rehabilitation Dear Ms. Harvey, I am pleased to submit the enclosed grant application to the City of Dover for the Community Development Block Grant (CDBG) FY 2015-2019 multi-year program. We are hoping the City of Dover will consider our request in the amount of $60,000 per fiscal year for housing rehabilitation. If awarded, all funds will go directly to rehabilitate owner-occupied housing units for low- to moderate-income households that reside within city limits. On behalf of MHDC’s Board of Director’s and staff, we would like to reiterate our sincere appreciation for the support provided by the City of Dover. Please find enclosed one original and eight copies of the application and the required exhibits. If you have any questions, comments, or require additional information, please do not hesitate to contact either me or Russell Huxtable, MHDC Vice President/COO at 302-422-8255 or via email at vmiller@milfordhousing.com and rhuxtable@milfordhousing.com, respectfully. 7 Warm ce 7 Valerie A. Miller Development Director Enclosures

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name Milford Housing Development Corporation (MHDC) Address _ 977 East Masten Circle, Milford, DE 19963 Phone Number __ (302) 422-8255 B. Name, position and signature of person submitting application: Valerie Miller, Development Director Name and position of authorizing official: David Moore, President/CEO C. Name, address and phone number of Contact Person: (If different from B above) Fran Cardaci, Housing Preservation Manager (same address and phone as above) FY 2015 only Activity: Rehabilitation Amount Requested: $_60,000.00 Source of Cash Matching Funds $_583,500.95 (please see Attachment 5)

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. In column 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 3. L/M 4.% LIM 5. Amount 6. Amount 2. Total Persons Persons Persons Requested L/M Activity Activity Activity will | for Activity Benefit will will Serve Serve Serve Housing 4-6 4-6 Rehabilitation households | households iis s0;000.00 Se0/000.00 Source of Data: MHDC will work with the City of Dover's Community Development Office, which maintains a CDBG waiting list of clients who meet program criteria and income limits, as determined by the U.S. Department of Housing and Urban Development (HUD).

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Russell Huxtable Vice President/COO Fran Cardaci Housing Preservation Manager Gary Saroukous Field Coordinator B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will! only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. The highest priority for this project is to rehabilitate owner-occupied housing units found to be in violation of the City of Dover’s Housing Code. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Program activity is ‘Housing Rehabilitation’. This activity is fully described as housing rehabilitation for low- to moderate-income homeowners who reside within city limits. The objective is to preserve the City’s existing housing stock. The total number of units to be rehabilitated is 6-8, per year of grant

funding period. Total number of units to be repaired during all three years of the grant period is 18-24. Households must be low- to moderate-income as defined by the U.S. Department of Housing and Urban Development (HUD). Households served must be 80 percent and below Area Median Income (AMD as defined by HUD. Housing type is homeownership units. Clients must provide proof that they own the home in order to qualify for the rehabilitation. Target area is defined as the geographic city limits for the City of Dover. The project is city-wide and will focus on preserving the existing housing stock in the City. Each household served will be allowed up to $15,000 in repairs to bring the unit up to code. The need for home rehabilitation is based on: 1) Overwhelming demand for such services as received daily from the City of Dover by residents; 2) Rising numbers of cost-burdened households, as it relates to housing costs; and 3) Rising number of elderly residents and persons with disabilities facing diverse and critica] housing needs. Sources include: City of Dover and the Delaware State Housing Authority. Provide a timetable showing monthly milestones for completion of each activity. The rehabilitation program will begin immediately once the grant has been approved. The rehabilitation project is expected to take 150 days. The first month of the project will consist of lead base paint testing for all homes that are 50 years of age and over and sent for review and approval to the Historic Preservation Office. The second month of the project will consist of the properties going out for bid. The remaining three months will consist of the rehabilitation of the properties. Rehabilitation activities will meet City of Dover code regulations. Attach drawings, plans or other documentation necessary to describe program activities. The properties to be rehabilitated will come from the first 4 to 6 applicants off the waiting list and will be for owner-occupied properties in located within city limits.

Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. Activities carried out support the overall goals of the City of Dover’s Consolidated Plan and its priorities on housing issues. Goal 3 of the 2010-2014 Consolidated Plan is to preserve the existing housing stock in the City of Dover. Home rehabilitation is consistent with this goal. This project is also consistent with Goal 1 by providing aid to special needs persons. Housing units that will need to become handicap accessible will be completed by this project. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. The proposed program address the City of Dover’s second priority of addressing housing needs. Improving the quality of existing housing stock will address this need by bringing the units up to code requirements. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. Annually this project is funded for the City of Dover to administer. Each year the city reaches its goal by providing safe sanitary housing to low to moderate income persons and making the neighborhoods more desirable to live in. Currently, the City of Dover has reached out to MHDC in search of possible partnership for service delivery. MHDC’s Home Repair Project has been funded by the City of Dover for many years. In the past seven years, over 70 homes within the City of Dover, have received repairs through the CDBG sub-recipient grant funding through the project. From FY12-13, 6 homes were rehabbed using CDBG monies by MHDC. Award dates and amounts include: FY2006 - $25,000 FY2007 - $25,000 FY2008 - $25,000 FY2009 - $25,000 FY2010 - $35,000 FY2011 - $40,000 FY2012 - $35,000 (Emergency Home Repairs) $52,782 (Housing Rehabilitation) FY2013 - $40,000 (Emergency Home Repairs) $35,658 (Housing Rehabilitation)

e In regards to providing ‘Emergency Home Repairs’, the project has consistently performed well and met all monitoring requirements of the City during these funding periods. e In FY12, MHDC was awarded CDBG funds for ‘Housing Rehabilitation’. This was a new program activity for MHDC. During our initial monitoring visit by the City of Dover, there were some initial concerns. MHDC was asked to provide the City of Dover with a remediation plan to get the program back on target. This was provided and subsequently, all matters resolved. e ‘Housing Rehabilitation’ is commonly known as the most complicated activity to undergo in the CDBG program, due to vigorous program requirements. It took MHDC staff some time to learn all aspects of the program. However, we have since developed a CDBG Housing Rehab Manual, used for internal purposes, in addition to ensuring our staff have received the training resources they need. Based on our experience and subsequent growth, we are now completely confident in our ability to effectively and efficiently administer this program. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. e Please see Attachment 5. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. e The proposed project does not involve efforts to coordinate with businesses regarding the development of community. 6. Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $ 35,658 (Housing Rehab) and $40,000 (Emergency Home Repairs) during FY2013.

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment Decent Housing Economic Opportunity b Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility p.4 Affordability Sustainability Please provide a proposed outcome based on the information below that applies to your activity MHDC’s Home Repair Project defines the projected outcome as the removal of a housing condition that qualifies as hazardous or unhealthy and is in immediate need. During each fiscal year of the grant funding period, MHDC will complete a minimum of 15 home repairs for very-low to low-income households within Dover city limits. In sum, the Home Repair Project’s goal is to complete a minimum of 100 emergency home repairs throughout the state of Delaware in 2015. MHDC is requesting that a maximum cap of $7,500 be used for home repairs. Most homeowners do not need this full amount of funding, but on occasion the homeowner may need a new roof or furnace which cost more than the $5,000 per home the Project had been using in the past with City of Dover CBDG. The repair activities will be focused on eliminating conditions of an immediate health or safety hazard to the homes’ occupants. Over the years, typical repairs included: replacement of furnaces, electrical repairs, plumbing repairs, construction of entrance steps and wheelchair ramps, modifying bathrooms for safety and accessibility, replacement of broken windows, roof repairs or replacements, and the installation of hardwired smoke/co detectors. If granted, MHDC’s Home Repair Project will complete at least 15 home repairs, 100% of those units will meet the City of Dover’s Housing Code, 100% of repaired units will have immediate threats to safety and/or health eliminated, and no homeowner served will be forced to relocate. Indicators for measurement include: Housing inspections, Certificates of Occupancy, client satisfaction surveys, client case files, interviews, program budget, financial records, organization records and program records.

Number of persons, households, units, or beds assisted as appropriate _ Minimum of 15 households. Income level of persons or households by: Very Low __ 60 % Low___ 40 % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. e Target area is Dover city limits. Nearly all those served will be low-income households, set by HUD. Minimum of 15 households to be served. Number of persons will vary by household, but using the Delaware average household size of 2.58, according to the U.S. Census Bureau’s American Community Survey 5-Year Estimates (2006-2010), it is estimated that approximately 40 persons will be served within FY2015, 60 percent of which will be very-low income. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

4y AFFORDABLE HOUSING SOLUTIONS City of Dover CDBG Application FY 2015-2019 Attachment Table of Contents Exhibit 1: Exhibit 2: Exhibit 3: Exhibit 4: Exhibit 5: Exhibit 6: Mission & Background Board of Directors Staff Resumes Demographic & Statistical Report Funding Sources Most Recent Audit

Mission & Background

Ym. Milford Housing Development Corporation MHDC A Nonprofit Affordable Housing Developer AFFORDABLE HOUSING SOLUTIONS Milford Housing Development Corporation (MHDC) is a value-driven, nonprofit, affordable housing developer, headquartered in Milford, DE. Our mission is to provide decent, safe, and affordable housing solutions to people of modest means. MHDC was founded in 1977 by a group of concerned local citizens who saw a need for housing in the community. Like other nonprofits, the agency was led only by volunteers, and a dedicated Board of Directors for many years. In 1994, the agency hired its first employee and growth quickly began. Within three years, MHDC had completed its first affordable, senior rental complex. During this same time, MHDC became the first and only Delaware-recipient of the Self-Help Housing Program award from the U.S. Department of Agriculture’s Rural Development (USDA RD). Since then, MHDC has grown into Delaware’s leading nonprofit provider of affordable housing. Milford Housing Development Corp. ‘ 7 977 East Masten Circle IDC mitord, De 19963 latekcend

ry, eam. Milford Housing Development Corporation MHDC Programs & Services AFFORDABLE HOUSING SOLUTIONS Programs & Services MHDC has become a leader in Delaware's affordable housing by offering a continuum of services, including: + Self-Help Housing Program -MHDC's premier homeownership program is offered as an alternative path to homeownership. Working in small groups of families, participants help build one another's homes during a year-long construction process. Families average roughly $32,000 in sweat equity per home. To date, over 185 affordable homes have been developed through the program; Home Repair Project (HRP) - MHDC became stewards of this well-known, high- performing program in the fall of 2011. In 2013, over 150 emergency home repairs were completed with volunteers donating over 5,000 hours of labor; + Financial Fitness Program - designed to help lower income households build assets, escape poverty, and build a financially stable life. MHDC’s qualified staff has been provided financial literacy training to over 200 households in the past five years; + Home Ownership Preservation Program — MHDC prevents existing affordable housing units from becoming substandard, by acquiring vacant, foreclosed homes, rehabilitating them, and bringing them up to code. Funding is secured and packaged by MHDC staff through loans and grants; + New Construction, Single-Family Housing Program - Provides conventional homeownership programs where participants design homes based on individual choice. MHDC completes all phases of the construction; + Multi-Family Rental Program - MHDC also provides management services to over 2,000 affordable rental units in Delaware. MHDC owns 11 affordable rental complexes, consisting of 336 units for families and seniors at or below 80 percent Area Median Income (AMI). East Coast Property Management (ECPM), the property management company owned by MHDC; & + Transitional Housing - MHDC owns and operates seven units of transitional housing for families experiencing undue hardships or women and children who are victims of domestic violence. Rent is income restricted and is based on a small percentage of each family’s household income. We believe providing these services meets the needs of our communities, fulfills our mission, and promotes community stabilization. Milford Housing Development Corp, 977 East Masten Circle Milford, DE 19963

4h MHDC AFFORDABLE HOUSING SOLUTIONS Previous Affordable Housing Experience Milford Housing Development Corporation Previous Affordable Housing Experience MHDC's first housing effort began in 1977 with the development of Academy Apartments in Milford, DE. The project was funded though a Farmers Home Administration (FHA) Section 515 loan. Four years later, MHDC utilized Community Development Block Grant (CDBG) funds, through the Delaware State Housing Authority (DSHA), to secure land for Lucas Circle, a 12-lot subdivision for single-family homes. Homes were built under the FHA Section 502 Homeownership Loan Program. From the mid- to late 80s, MHDC focused work with the town of Milford and local churches to revitalize north Milford, predominately a minority area at the time. Since 1990, MHDC developed many affordable housing units including: 1995 - Colony West, Milford, DE. (20 affordable rental units in partnership with Interfaith Housing); 1996 ~ Scattered Site Transitional Housing (3-units, construction financed through DSHA’s HOME Program); 1997 - Greenwood Acres, Greenwood, DE. (28 affordable rental units financed through U.S. Department of Agriculture Rural Development(USDA RD); 1997 — Carriage Place, Georgetown, DE. (Self-Help Housing Program award for 16 single-family homes for individuals 80 percent and below Area Median Income (AMI), funded through USDA RD; 1998 — Milton Landing, Milton, DE. (48 affordable rental units, financed through the DSHA’s Low-Income Housing Tax Credit Program (LIHTC); 2000 - Cedar Creek Landing, Lincoln, DE. (Self-Help Housing Program award for 62 single-family homes for individuals 80 percent and below Area Median Income (AMI), funded through USDA Rural Development); 2000 - Park Royal, Milton, DE. (32 affordable rental units, financed through DSHA 2001 - Marshall Manor, Milton, DE. (36 affordable rental units for seniors, financed through DSHA's LIHTC and USDA Rural Development); 2008 - Hurd’s Crossing, Felton, DE. (36 affordable rental units for seniors, financed through DSHA‘s LIHTC and USDA Rural Development); 2009 - Acorn Acres, Georgetown, DE. (24 affordable rental units for families. MHDC acquired the property from Interfaith Mission of Sussex County. Financed through USDA and DSHA); and 2013 - North Lake Village Apartments, Middletown, DE. (52 affordable rental units for families. This LIHTC was acquired and rehabilitated, with financing through DSHA). Milford Housing Development Corp. en Circle ‘Masten

Board of Directors

Yam. Milford Housing Development Corporation MHDC Board of Directors - 2015 AFFORDABLE HOUSING SOLUTIONS Board of Directors MHDC's activities are governed by a well-respected Board of Directors. Our board represents a cross- sectionofthecommunitiesweserveandareabletolendinsightanddirectionforourhousingactivities. Matthew T. Parks, Board Chairperson - Currently employed as the Community Reinvestment Act (CRA) Officer at Discover Bank, Greenwood, DE; Thomas Houlihan, Vice Chair — Currently employed as the Head of Commercial and Community Development Lending at Capital One, Wilmington, DE; June Barto, Board Member - Currently retired. Previously employed as the Secretary to the Milford City Council and as a Teacher's Assistant at Milford School District both located in Milford, DE; Margaret (Peggy) Gallego, Board Member - Currently retired. Previously employed as a Radiology Assistant at Milford Memorial Hospital, Milford, DE; Joseph R. Herbert, Board Member - Currently employed as the Managing Director for Bank of America Public Capital Corporation & Merrill Lynch, Pierce, Fenner & Smith Inc; Rev. James M. Holt, Board Member - Currently retired. Previously served as Senior Pastor of Mt. Enon Baptist Church, Milford, DE. Previously served in the U.S. Air Force as a Chief Master Sergeant until his retirement in 1983; Timothy Riley, Board Member - Currently employed by the Kent Conservation District, Dover, DE; Linda Rogers, Board Member - Currently retired. Previously employed as the President of Milford Jaycees, Milford, DE; Harold Truxon, Board Member - Currently working part-time as a Greeter at Wal-Mart. Previously a local restaurant owner in Ellendale, DE. Milford Housing Development Corp. 977 East Masten Circle Milford,

Staff Resumes

in AFFORDABLE HOUSING SOLUTIONS. MHDC Staff & Experience - Home Repairs & Housing Rehabilitation Home Repair Project (HRP) key staff members include: Frances Cardaci, Preservation Manager. Ms. Cardaci has been working with the Project since June, 2010. She works with large volunteer groups on selected sites and has full Field Coordinator responsibilities, including major responsibilities with the expanding Wilmington Initiative. Fran retired from the USAF following a career that included flying as a C- 5 Instructor Flight Engineer at Dover AFB and as an Instructor Weapons Director aboard AWACS aircraft at Tinker AFB in Oklahoma. She served as Chief of Operations Group Readiness in the 552 Air Control Wing at Tinker, responsible for the deployment preparedness of 2000 airmen in five squadrons. She received a Bachelor’s degree in Business Management from Wilmington College in Delaware in 1990 and an MBA from Oklahoma City University in Oklahoma City in 1996. She completed the Non-Profit Management Certificate Course at the University of Delaware in May 2011. Fran also worked in business valuation, tax preparation and home building, and has owned several small businesses in Sussex County. Gary Saroukos, Field Coordinator. After spending years as volunteer for the Home Repair Project (HRP), Gary retired from Capital School District where he was a carpentry instructor for over 20 years and was hired as the HRP Field Coordinator in the fall of 2013. He brings over 15 years contracting experience as former owner of G.M. Saroukos General Contractors, Inc. In addition, Gary has an Associates’ degree in Construction Management, a Bachelors’ degree in Vocational Education from Delaware State University, and a Masters of Educational Leadership from the University of Delaware. Waiter Ottinger, Preservation Supervisor. Mr. Ottinger, a former housing repair contractor and mobile home repair guru formerly employed by Brass Sales in Felton. Walter has transitioned from Field Coordinator to Construction Supervisor duties this year. He and his Kent County SCSEP perform a variety of approved home repairs in Kent County. He works closely with Ms. Cardaci coordinating client repairs and assessing the emergency conditions. He provides guidance and assistance to volunteer groups on Make A Difference Day and a variety of youth WorkCamps over the years. He has worked for Brass Sales, Inc, has been a foreman for Beracah Homes, and most recently has had his own repair company, Womott Home Improvement. Deborah White, Intake Coordinator, Ms. White is the first point of contact for potential HRP participants. Her prior employment in the building trades helps provide us a keen insight of work being requested as she conducts telephone intake interviews. During the phone intake, she often is able to determine the nature and extent of true emergency conditions and quickly coordinates contractor or other support as necessary. Ms. White processes client applications and maintains client and volunteer files. Oversight Committees in _Kent_and Sussex Counties - The RC&D Council originally created citizens' Oversight Committees, which MHDC has kept in place. The role of the Oversight Committees is to determine potential program participant's eligibility and to assess the emergency nature of the repair work requested. The five to seven member committees represent the ethnic, professional and economic diversity of the county's population and community leaders. Presently, representatives include educators, ministers, county community development staff, former program participants, social service agency representatives, persons with physical disabilities, persons of diverse ethnic and racial backgrounds, community leaders and citizens at large.

Kent Oversight Committee Members: - Marion Boon (Tax Specialist; Retired; committee member since 1993) - Tracy Harvey (Community Development , City of Dover) - Ray Hunt (formerly with Independent Resources, Inc.) - Rod Smith (Community Development Specialist, Kent County CDBG program) - Albert Biddle (CDBG Program Director, Kent Planning Department) - Karen Young (Retired Dean of Students, Wesley College; CASA program) - Helen Curry (advisory capacity. USDA Rural Development) - Dwayne Powell (Community Specialist, First State Community Action Agency) - Alton Smith (retired educator, Wilmington, RC&D Council Member) - Alma Smith (retired banker, Wilmington, RC&D Council Member) Sussex Oversight Committee Members: - Harold Truxon (retired businessman; community leader) - Minnie Smith-Burton (retired teacher; community leader in West Rehoboth; FSCAA Board) - Dale McDowell (CDBG program staff, Sussex County Development Office) - Reverend Charles Dennis (Pastor, Ellendale) - Tom McCormick (Southeast Sussex Ministerium, Volunteer coordinator) - Karen Bowden (Salisbury State University; Resident of Georgetown; RC&D volunteer) - Tom McCormick (retired; Southeast Sussex Ministerium, Volunteer Coordinator) - William Richardson (Retired) - Herbert Sheetz (retired contractor) also a group volunteer leader in Sussex County - William Richardson (retired contractor) also group volunteer leader is Sussex County David W. Moore, MHDC President/CEO. Much of MHDC’s success has resulted from the expertise brought forth by President/CEO David Moore and Vice/President/COO Russell Huxtable. As President/CEO, Mr. Moore has 24 years management experience, 22 years nonprofit housing experience, 29 years residential construction experience, 22 years Self-Help Housing experience, an Associate’s degree in Construction Management, and a Bachelor’s degree in Business Management. He is a current board member of the National Rural Housing Coalition and past president of the National Rural Self-Help Housing Association. In 2008, Mr. Moore was the recipient of the Arts & Humanity Award from Delaware Technical & Community College in Georgetown. Most recently, he was again honored by the Delaware Chapter of the National Association of Housing and Redevelopment Officials (DE- NAHRO) with their 2013 Ambassadors Award. Russell Huxtable, MHDC Vice President/C0O. Vice President/COO Russell Huxtable has 13 years management experience, 15 years nonprofit housing experience, 13 years Self-Help Housing experience, and a Bachelor’s degree in Political Science. He is President of National Rural Self-Help Housing Association and an appointee to the State of Delaware Council on Housing. Under their leadership, MHDC was transformed from a small, relatively unknown nonprofit to one with currently over $32 million in assets. MHDC is not the average and is as equally proud to say so. MHDC has a strong organizational ability to successfully plan, market, and manage the Home Repair Project (HRP). Likewise, HRP has a documented history of success. In the 23 years HRP has been operating, over 4,500 families have been helped with nearly 210,000 hours of volunteer labor were donated by individuals and community groups to assist in these achievements. The Project repaired holes in floors, ceilings, walls, and roofs; built entrance ramps for disabled or elderly homeowners; repaired or replaced windows, doors, and locks; repaired or replaced furnaces and wells; and performed electrical and plumbing repairs. Skilled licensed professionals were contracted to complete repairs that require "code" work,

Demographics & Statistics

Name_First Name_Last Home Address Annual Income Ethnielty Veteran Housing Type Type of Housing Length of Ownership JOB::Job Completion Date’ James Shaw 910 Wilson Drive $22,745.00: MiicanAmerican‘Yes Stick-bullt Rancher Single-story site built 11-15 Years 8/9/2013 Shenoa Brumbaugh 135 Holmes Street $38,696.28 African American No 2-Story Attached (Townhome, duplex, etc. 6-10 Years 10/1/2013 W. Marie Foreman 32 Acacia Place $35,821.00 African American No 2-Story Attached (TownHome, duplex, etc. 11-15 Years 5/30/2014 Richard Goddu 140 Spruance Road $25,548.00 Caucasian No 2-Story Attached (Townhome, duplex, etc. > 20 Years 11/21/2013 ‘Donna Mason 811 Westview Termace $19,188.00 African American No 2-Story Two-story site built 11-15 Years 2/4/2014 Kasey Mears 359 Fiddlers Green $41,559.48 Caucasian No 2-Story Two-story site built 5/30/2014 Nellie Foster 127 Meeting House Lane $59,799.84 African American No 2-Story Two-story site built 16-20 Years Renora Lott 228 Reed Street African American No 2-Story Two-story site built 16-20 Years Stephanie Gibson 140 Upland Ave Single-story site built 1-5 Years Raymond Pirece 86 Mitscher Road Yes Single-story site built >20 Years

Funding Sources

ns ANFOADABLE HOUSING SOLUTIONS. Milford Housing Development Corporation Emergency Home Repairs & Housing Rehabilitation City of Dover CDBG Funding Sources - 2015 Sources - Restricted, Repairs Only: Palmer Home Foundation Rawlins Charitable Trust Atlantic Community Thrift Shop (ACTS) T urces - Restricted, Repai < A - ictiv Delaware State Housing Authority (DSHA) 400,000.00 38,450.00 JP Morgan Chase 35,000.00 $ Delaware Grant-in-Aid $ $ Kent County Levy Court $ 6,500.00 $ 5,000.00 $ 4,000.00 $ 2,500.00 Gannett Foundation Milton & Hattie Kutz Foundation Perdue Foundation Total Non-restricte Total Funding Sources= $ 583,500.95

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JOSHUA M TWILLEY TTEE TIN LUTHER THER FOUNDATION TTEE 1751 JOSHUA . 10 GLEN AVE - -f 87~-176/84: men ON, DE eee ea’ = ORDER Cz A a ORSIAGISAR SLA 75: SK Cawdiins Chaas chalets “Trust D) ~ Opera on reimbuvsemertd

‘Valerie Miller a From: RBWohI!@aolicom Sent: Wednesday, January 14, 2015 5:44°PM Tor Valerie Miller Subject: ACTS firianciasupport Ms. Miller, You submitted an application for funding support last September. A number of matters delayed the usual process this year. Today the ACTS Board agreed to continue its support to your organization through 2015 at the current funding level, $1,000/mo, | will try to get a confirming letter to you soon, but wanted you to have the information now. Ron Wohlust

(302) 739-4263 DEVELOPMENT SECTION (302) 739-1118 FAX 18 THE GREEN (302) 739-7428 TDD Dover, DELAWARE 19901 TOLL FREE: (888) 363-8808 December 19, 2014 Mr. David Moore Executive Director Milford Housing Development Corporation 977 East Masten Circle Milford, DE 19963 RE: HDF Homeownership Grant - Home Repair Project Dear Mr. Moore: It gives me great pleasure to inform you that the Delaware State Housing Authority (DSHA), upon the recommendation of the Council on Housing, has approved a grant in the amount of $400,000 to Milford Housing Development Corporation. As requested, the grant proceeds will be used to provide emergency repair service to extremely low- to very low-income, owner-occupied households in Kent and Sussex Counties. Please sign the concurrence line below to indicate your acceptance of the conditions of Resolution No. 494. The original should be returned to DSHA, to the attention of Susan Eliason. We have included a copy of this letter along with a copy of the Council Resolution for your records. In addition, enclosed is the Grant Agreement, which is consistent with the enclosed Resolution. Please sign all three copies of the Agreement and return them to Ms. Eliason for final execution. DSHA is pleased to provide this assistance for lower-income Delawareans, Director pap:mjh Enclosures CONCURRENCE: (Qestrrywiere pate: _ (2029/14 _

JOINT FINANCE COMMITTEE STATE OF DELAWARE GENERAL ASSEMBLY 411 LEGISLATIVE AVENUE OOVER. DELAWARE 19901 July 1, 2014 TO: Milford Housing Development Corporation Mr. David Moore 977 E. Masten Circle Milford, DE 19963 FROM: Senator Harris B. McDowell, IIT Chair, Joint Finance Committee Representative Melanie George Smith Co-Chair, Joint Finance Committee SUBJECT: Fiscal Year 2015 Grant in Aid Award and Application for Grant-in- Aid from the State of Delaware for Fiscal Year 2016. Dear Grant-in-Aid Recipient: This is to inform you that your agency has received funding in Senate Bill No. 266, the F.Y. 2015 Grant-in-Aid Appropriations Bill, in the amount of $ 76,900. The State Treasurer’s Office will mail the quarterly checks to your agency at the above address. Payments will be made in July, October, January and April. If you have any questions regarding payment please contact Erin Guerke at 302-672-6700. Enclosed please find the Grant-in-Aid Application for F.Y. 2016. The application is duc in the Office of the Controller General by 4:30 p.m., Monday November 3, 2014. This is a firm deadline and there will be no extensions. Please read through the application and instructions carefully. Incomplete applications that are missing information will not be accepted. To expedite the handling of your application, please check that you have done the following: (continued on back) HUNTER ON BECYCLED PAPER

1, Completed the entire application and submitted the original and one copy of the application. You must include your agency’s 9-digit Federal Employer Identification number. This does not apply to veterans organizations. 2. Included the most recent copy of your agency's audit completed by either a Certified Public Accountant or a Public Accountant. The audit must have been issued within the past three years. If your agency is not able to provide an audit, you must submit a detailed statement of the circumstances surrounding the reason. The lack of an audit may impact the ultimate funding decision of the Joint Finance Committee. This does not apply to veterans organizations Please mail the original application along with one copy and the audit to: Office of Controller General Legislative Hall - D580A P.O. Box 1401 Dover, DE 19903 Decisions regarding Fiscal Year 2016 Grant-in-Aid will not be made until June 30, 2015. There will be one Grant-in-Aid workshop for Fiscal Year 2016. You are not required to attend the workshop. In order to obtain the greatest benefit, review the instructions and application forms prior to attending the workshop. This will enable you to obtain the assistance you may need. Please bring photo identification for security purposes. Wednesday September 3, 2014 10:00am. House Hearing Room Legislative Hall 411 Legislative Ave. Dover, DE 19901 ENC. 0311460052

JPMorgan Chase Foundation Daryl Graham JPMorgan Chase Foundation July 16, 2014 David Moore President & CEO MILFORD HOUSING DEVELOPMENT CORPORATION 977 E Masten Cir Milford, DE 19963-1085 Grant # 13626791 Dear David Moore: We are pleased to inform you that the JPMorgan Chase Foundation has approved a grant of $125,000.00 to MILFORD HOUSING DEVELOPMENT CORPORATION in support of MHDC's Core Housing Programs: The Self-Help Housing Program, the Home Repair Project & the Financial Fitness Program for low income households and individuals. We take great pride in our history of supporting organizations and programs that strengthen the communities we serve. We commend the important work of your organization, are pleased to support its efforts with this grant, and look forward to learning about its community impact. This grant is subject to the attached Terms and Conditions. Please read this attached document carefully and have an authorized officer from your organization sign and return it, indicating acceptance of the grant's Terms and Conditions, Additionally, please review Appendix C of the Terms and Conditions and disclose any applicable Federal Official Affiliations. Upon review and acceptance, please return the signed Terms and Conditions in its entirety within thirty (30) days of receipt to: JPMorgan Chase Foundation Grant Administration e/o CyberGrants, Ine. 300 Brickstone Square, Suite 601 Andover, MA 01810 We extend our best wishes for continued success. Sincerely, Enclosure

Kent County, <GEAVE us JUL 1 4 2014 BY: Department of Finance Susan Durham - Director of Finance Kent County Mary Karol - Assistant Director Administrative Complex 555 Bay Road Dover, DE 19901] (302) 744-2386 Fax: (302) 736-2270 July 10, 2014 Mr. David Moore MHDC Emergency Home Repair (formerly RC & D) 977 E. Masten Circle Milford, DE 19963 Dear Mr. Moore: Kent County Levy Court recently adopted the Fiscal Year 2015 Budget, which took effect on July 1, 2014. This budget includes your Community Service Grant Award of $6,500.00. As stated on the application, this money “....shall be used for the purpose of carrying out the primary mission of the receiving agency." Please be aware that the award of this grant for Fiscal Year 2015 does not imply that a like grant will be awarded to your organization in future years. Kent County Levy Court encourages grantee organizations to diversify their funding sources and strive toward self-sufficiency. Thank you for your interest in the Community Service Grant program. If you have any questions, please feel free to call me at (302) 744-2380. Sincerely, (ebb Sider Debbie Elders Accounting Supervisor “Serving Kent County With Pride”

Street Address: 950 West Basin Road New Castle, DE 19720 Mailing Address: P.O. Box 15505 Wilmington, DE 19850 (302) 324-2500 (800) 235-9100 Fax Numbers: Accounting: 324-2554 Circulation: 324-2945 Classified: 324-5511 Human Resources: 324-2578 Info Systems: 324-2969 Marketing: 324-2557 News: 324-5509 Retail: 324-5518 ©} GANNETT The News Journal www.delawareonline.com October 7, 2014 Milford Housing Development Corporation Attn: Valerie Miller 977 East Masten Circle Milford, DE 19963 Dear Ms. Miller, My name is Leslie Emma | am the coordinator with the Needy Family Fund, | received your grant application from the News Journal. They felt that the money you are requesting was down our alley. tam enclosing in this letter a check for $5,000 check # 108 for your services. Please send me via spreadsheet what you have disbursed the funds to so | have that for my records, Please call or e-mail me so | can make sure you have received the check. Thank you for your cooperation in this matter. Leslie Emma Regional Assistant Controller Needy Family Fund 302-324-2520 lemma@gannett.com Q cP

The Arthur W. Perdue Foundation, Inc. __ - Foundation Source, Administrator 59919 Reference ‘Noy, Description _ i ____-Date at Amount | 2171117 | Grant $2,500.00 WO 17-20% Check Date Check No. —_ Payoe - va Check Amount 11/13/2014 59919 MILFORD HOUSING DEVELOPMENT CORPORATION = = ee $2,860.06 | i “ToThe ~ Order Of; M 02100002 bub ?SOZISGLE Sw WO S94 que

MILTON AND HATTIE KUTZ FOUNDATION OFFICERS Leslie Newman President Suzanne B. Grant Vice President Jerome K. Grossman, Esq. Secretary Roll’ F. Eriksen Treasurer Seth J. Katzen Executive Secretary BOARD OF DIRECTORS Jack B. Blumenfeld, Esq. Hon. Donald F. Parsons Susan Kirk Ryan, Esq. Barbara H. Schoenberg. CPA Dr. Craig Sternberg Connie J. Sugarman William W. Wagner President 101 Garden of Eden Road © Wilmington, Delaware 19803 Telephone: (302) 427-2100 © Fax: (302) 427-2438 JUN 1252014 June 16, 2014 oil Valerie A. Miller, Development Director Milford Housing Development Corp. 977 East Matsen Circle Mildford, DE 19963 Dear Ms. Miller: Enclosed please find our check in the amount of $4,000. This represents a grant to your organization for support of "Home Repair Project". Please acknowledge receipt of this check. If there are any publications or lists of grants given, we would appreciate that the Milton and Hattie Kutz Foundation’s name be included, Grant proposals for next year must be received by Friday, March 16, 2015. If you will be applying for funds at that time, the enclosed evaluation form must be received with your proposal. if you are not reapplying for funds, the evaluation form must be submitted by June 30, 2015. We wish you continued success to improve the world that we all share. Newman a LN/gmk Enclosure

Most Recent Audit

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES (A DELAWARE NONPROFIT CORPORATION) CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 WITH COMPARATIVE TOTALS FOR THE YEAR ENDED DECEMBER 31, 2012

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES (A DELAWARE NONPROFIT CORPORATION) TABLE OF CONTENTS DECEMBER 31, 2013 INDEPENDENT AUDITOR’S REPORT 1-2 MORTGAGOR’S CERTIFICATION 3 FINANCIAL STATEMENTS Consolidated Statement of Financial Position 4 Consolidated Statement of Activities 5 Consolidated Statement of Functional Expenses 6 Consolidated Statement of Cash Flows i Notes to the Consolidated Financial Statements 8-19 SUPPLEMENTAL INFORMATION Consolidating Statements of Financial Position 20-21 Consolidating Statements of Activities 22 — 23 Combining Statements of Financial Position 24-27 Combining Statements of Activities 28 - 31 INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 32 INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH REQUIREMENTS THAT COULD HAVE A DIRECT AND MATERIAL EFFECT ON EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 33 —34 SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 35-36 SCHEDULE OF FINDINGS AND QUESTIONED COSTS 37-38

Robert B. Lank, C.P.A. Seaford Office Tervence Johnson, C.P.A. (302) 629-9543 Richard L. Tull, C.P.A. Fax (302) 629-3501 Gary W. Tuttle, C.P.A. LANK, J OHNSON & TULL Milford Office : fe (302) 422-3308 Phang Cb Certified Public Accountants Fax (302) 422-4782 P.O. Box 418 * 521 N. Market St. Ext. * Seaford, Delaware 19973 Dover Office P.O. Box 253 * 268 Milford-Harrington Highway * Milford, Delaware 19963 (302) 736-2618 1475 S. Governors Avenue * Dover, Delaware 19904 Fax (302) 736-5522 INDEPENDENT AUDITOR’S REPORT. To The Board of Directors Milford Housing Development Corporation Milford, Delaware We have audited the accompanying consolidated statement of financial position of Milford Housing Development Corporation (a Delaware Nonprofit Corporation) and Affiliates as of December 31, 2013, the related consolidated statement of activities, functional expenses and cash flows for the year then ended, and the related notes to the consolidated financial statements. Management’s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on these consolidated financial statements based on our audit, We did not audit the financial statements of North Lake Village, LP, an affiliate, which statements reflect total assets of $8,718,441, as of December 31, 2013, and the total support and revenues of $448,504, for the year then ended. Those statements were audited by other auditors whose report has been furnished to us, and our opinion, insofar as it relates to the amounts included for North Lake Village, LP, is based solely on the report of the other auditors. The prior year summarized comparative information has been derived from Milford Housing Development Corporation and Affiliates’ December 31, 2012, financial statements and, in our report dated April 25, 2013, we expressed an unqualified opinion on those financial statements, We conducted our. audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements, The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financia) statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Members AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS * PRIVATE COMPANIES PRACTICE SECTION DELAWARE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Opinion In our opinion, based on our audit and the report of other auditors, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Milford Housing Development Corporation and Affiliates, as of December 31, 2013, and the changes in its net assets and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America. Reports Issued In Accordance with Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated August 6, 2014, on our consideration of Milford Housing Development Corporation and Affiliates’ internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements, and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be considered in assessing the results of our audit. Report on Additional Information and Schedule of Expenditures of Federal Awards Our audit was performed for the purpose of forming an opinion on the consolidated financial statements as a whole. The accompanying supplemental information is presented for purposes of additional analysis and is not a required part of the financial statements. The accompanying schedule of expenditures of federal awards is presented for purposes of additional analysis as required by U.S. Office of Management and Budget Circular A-133 Audits of States, Local Governments, and Nonprofit Organizations and also is not a required part of the consolidated financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the consolidated financial statements. The information has been subjected to the auditing procedures applied in the audit of the consolidated financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying and other accounting records used to prepare the consolidated financial statements or to the consolidated financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the information is fairly stated in all material respects in relation to the consolidated financial statements as a whole. Seaford, Delaware August 6, 2014

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -3- MORTGAGOR'S CERTIFICATION We hereby certify that we have examined the accompanying consolidated financial statements and supplemental information of Milford Housing Development Corporation and Affiliates, as of and for the year ended December 31, 2013, and, to the best of our knowledge and belief, the same are accurate and complete. ~ tas =< resident Milford Housing Development Corporation 51-0218904

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES CONSOLIDATED STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED DECEMBER 31, 2013 WITH COMPARATIVE TOTALS FOR THE YEAR ENDED DECEMBER 31. 2012 ASSETS Cash Investments Funded Escrows and Reserves Security Deposits Escrow Accounts Receivable Accounts Receivable - Subsidy Prepaid Expenses Construction in Progress Intangible Assets (Net) Neighborhood Stabilization Program Homes Property and Equipment (Net) TOTAL ASSETS LIABILITIES Accounts Payable and Accrued Expenses Deferred Revenue Security Deposits Funded Accrued Interest Payable Neighborhood Stabilization Program Loans Construction Payables Long Term Debt TOTAL LIABILITIES NET ASSETS/PARTNERS' CAPITAL Net Assets - Unrestricted Partners' Capital Total Unrestricted Temporarily Restricted TOTAL NET ASSETS/PARTNERS' CAPITAL TOTAL LIABILITIES NET ASSETS/PARTNERS CAPITAL Limited Divisions Partnerships $ 1,292,315 $ 250,895 $ 157,472 - 972,623 1,305,898 39,383 69,554 931,044 41,845 26,308 29,761 17,350 17,249 14,894 117,586 382,214 - 11,785,582 17,736,075 $ 15,619.185_ $ 19.568,863_ $ $ 169,184 $ 107,807 $ 332,400 1,302 40,068 69,554 707,841 1,548,036 382,214 : - 4,828,532 10,465,546 10,303,200 12,097,253 16,858,431 2,545,911 * = 2,710,432 2,545,911 2,710,432 976,021 - 3,521,932 2,710,432 $ 15,619,185_ $ 19,568.863_ $ ee Ot THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS 2013 1,543,210 157,472 2,278,521 108,937 972,889 56,069 34,599 132,480 382,214 29,521,657 35,188,048 SS EE Ee 276,991 333,702 109,622 2,255,877 382,214 4,828,532 20,768,746 28,955,684 2,545,911 2,710,432 5,256,343 976,021 6,232,364 35,188.048 $ $ $ Restated 2012 1,532,448 143,944 1,874,650 87,637 307,472 54,972 15,678 31,469 34,271 984,099 21,338,468 ee ES 26,405,108 155,394 49,097 88,674 1,939,387 984,099 18,789.735 22,006,386 2,008,596 1,470,573 3,479,169 919,553 4,398,722 eee ees 26,405,108

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES CONSOLIDATED STATEMENT OF ACTIVITIES FOR THE YEAR ENDED DECEMBER 31, 2013 WITH COMPARATIVE TOTALS FOR THE YEAR ENDED DECEMBER 31, 2012 UNRESTRICTED NET ASSETS: SUPPORT: Foundations, Churches and Corporations $ Federal Financial Assistance State Financial Assistance Net Assets Released from Restrictions REVENUE: Rental Services Sales Interest Other Revenue TOTAL UNRESTRICTED SUPPORT AND REVENUE Divisions 615,176 $ 1,195,909 120,000 1,931,085 (56,468) 1,874,617 394,596 2,516,667 539,428 3,483 44.974 3,499,148 5,373,765 EXPENSES: Program Management and General Fundraising CHANGE IN UNRESTRICTED NET ASSETS/PARTNERS CAPITAL Net Assets Released from Restrictions CHANGE IN TEMPORARILY RESTRICTED NET ASSETS. CHANGE IN NET ASSETS/PARTNERS' CAPITAL NET ASSETS/PARTNERS' CAPITAL - BEGINNING: Adjustments Equity Contribution Contributions from Partners Distributions to Partners and Syndication Costs NET ASSETS/PARTNERS' CAPITAL - ENDING $ 4,242,556 1,194,335 80,381 5,517,272 (143,507) 56,468 56,468 (87,039) 2,928,149 620,584 60,238 3,521,932_ $ Limited Partnerships 2013 - $ 615,176 §$ 1,006,081 2,201,990 i 120,000 1,006,081 2,937,166 : (56,468) 1,006,081 2,880,698 612,408 1,007,004 - 2,516,667 - 539,428 2,487 5,970 24,594 69,568 639,489 4,138,637 1,645,570 7,019,335 1,977,264 6,219,820 3 1,194,335 - 80,381 1,977,264 7,494,536 (331,694) (475,201) 2 56,468 “ 56,468 (331,694) (418,733) 1,470,573 4,398,722 (620,584) rs . 60,238 2,308,396 2,308,396 116,259) __ (116,259) 2,710,432 $ 6,232,364 $ THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS Restated 2012 556,361 1,855,631 124,726 2,536,718 230,542 2,767,260 821,399 1,989,862 314,373 22,295 369,686 3,517,615 6,284,875 4,921,191 1,066,476 T4112 6 061,779 223,096 (230,542) (230,542) (7,446) 4,409,863 3,695) 4,398,722

Compensation and Related Expenses Employee Benefits Management Fees Legal Accounting Advertising Other Renting Expenses Office Postage Information Technology Electricity and Fuel Maintenance and Repairs Project Costs Cost of Lots Sold Security Telephone Trash Removal Water and Sewer Automotive Travel and Lodging Conferences, Conventions, and Meetings Interest Adininistrative Oversight Fee - Other Depreciation and Amortization Insurance Bad Debts Dues and Subscriptions Rent Real Estate Taxes Other Taxes MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES CONSOLIDATED STATE} ‘OR THE OF ONAL R ENDED DECEMBE! :XPENSES 31, 2013 Program Limited Divisions Partnerships $ 1,602,989 $ 267,836 337,368 30,688 2,400 - 1,607 16,321 45,942 34,890 11,676 326 - 62,686 65,459 26,477 9,757 - 19,530 - 52,674 63,652 184,229 204,642 490,167 - 402,821 = 15,501 23,358 53,365 15,373 28,556 68,984. 83,887 113,054 122,639 3,082 37,164 - 8,895 3,175 214,351 393,552 - 640 253,121 450,964 97,328 94,600 1,262 4,182 14,256 r 80,400 - 5,212 85,987 : 12,795 $ 4,242,556 $ 1,977,264 $ $ Management andGeneral § —- Fundraising 567,242 $ 55,100 174,512 12,895 6,000 : 3,662 19,714 < 1,767 - 6,066 : 6,599 z 4,226 = 44,416 A 5,180 12,834 : 2,215 14,745 155,022 : 122,581 - 31,157 - 7,607 - 8,790 - ena 1,194,335 $ 80,381 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS $ 2013 2,493,167 535,463 2,400 17,928 86,832 15,971 62,686 111,650 11,524 25,596 122,925 393,097 534,583 402,821 38,859 73,918 97,540 196,941 138,555 39,379 38,894 762,925 640 826,666 223,085 5.444 21,863 80,400 91,199 21,585 7,494,536 $ Restated 2012 1,982,679 430,150 13,050 2,650 76,214 11,501 122,819 10,926 21,877 93,870 294,030 671,763 142,757 33,379 62,588 56,090 155,122 94,148 32,849 27,872 593,447 12,360 769,111 137,456 12,227 21,838 67,920 91,019 20,067 6,061,779

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -7- CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED DECEMBER 31, 2013 WITH COMPARATIVE TOTALS FOR THE YEAR ENDED DECEMBER 31, 2012 Restated SH FLOWS FROM O} ING ACTIVITIE 2013 2012 REVENUE: Support $ 1,327,852 $ 2,949,234 Revenue 5,794,178 3,429,860 EXPENSES: Compensation and Benefits (1,812,792) (2,375,592) Payments to Vendors (4,581,980) (2,286,125) Cost of Lots Sold - (142,757) Interest (390,542) (614,596) NET CASH FLOWS FROM OPERATING ACTIVITIES 336,716 960,024 CASH FLOWS FROM INVESTING ACTIVITIES Acquisition of Property and Equipment (5,485,812) (165,437) Acquisition of NSP Homes - (845,319) Restricted Accounts (373,922) 157,354 Investment Transactions 1,124 - NET.CASH FLOWS FROM INVESTING ACTIVITIES (5,858,610) (853,402 CASH FLOWS FROM FINANCING ACTIVITIES Partnership Distributions (71,259) (3,695) Equity Contributions 1,934,662 - Acquisition of NSP Homes - 821,619 Construction Payables 4,007,609 - Long Term Debt (338,356) (691,733) NET CASH FLOWS FROM FINANCING ACTIVITIES 5,532,656 126,191 NET CHANGE IN CASH AND EQUIVALENTS 10,762 232,813 SASH EQUIVALE! Beginning of Period 1,532,448 1,299,635 End of Period $ 1,543,210 $ 1,532,448 CASH FLOWS FROM OPERATING ACTIVITIES Change in Net Assets/Capital $ (418,733) $ (7,446) GE.IN NE’ ASSETS TO NET CASH FLOWS FROM OPERATING ACTIVITIES Depreciation and Amortization 826,666 769,111 (Gain) Loss on Investments (13,528) (16,810) In-Kind Contributions % (26,009) Bad Debts 5,444 12,227 Change in Accounts Receivable (210,875) 994,924 Change in Prepaid Expenses 18,600 6,338 Change in Accounts Payable and Accrued Expenses 78,241 (111,591) Change in Deferred Revenue (95,698) (639,571) Change in Accrued Interest Payable 146,599 (21,149) NET CASH FLOWS FROM OPERATING ACTIVITIES $ 336,716 $ 960,024 THE ACCOMPANYING NOTES ARE AN INTEGRAL PART OF THESE FINANCIAL STATEMENTS

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -8- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 1 - ORGANIZATION: Milford Housing Development Corporation (MHDC) (a Delaware Nonprofit, Non-Stock Corporation), (the “Corporation’””) was organized for the purpose of promoting quality housing opportunities for disadvantaged, elderly and low-income families. The Corporation owns and operates eleven apartment complexes (the “Projects”) consisting of 336 units and an additional 7 units of Transitional Housing, along with various construction activities. Four of the Projects are limited partnerships for which MHDC is the general partner. The Corporation is required to operate the Projects in accordance with the terms as outlined in the regulatory agreements, mortgage agreements, management agreements and management plans. In addition, the Corporation has received various grants from U.S. Department of Agriculture - Rural Development (RD), the State of Delaware, Delaware State Housing Authority (DSHA), Housing Development Fund (HDF), and businesses and private foundations. The Corporation is a qualified “Community Housing Development Organization”, as defined in the U.S. Department of Housing and Urban Development (HUD), HOME Investment Partnerships (HOME) Program, and as such, is eligible for certain loans and grants. The Corporation oversees and participates in activities for the following programs: CONSTRUCTION SERVICES: The Corporation is engaged in various construction activities that promote affordable housing. Mission Builders is a single member limited liability company, formed in 2008, and wholly owned by MHDC, to reduce liability from the construction services activity. Ground Control is a single member limited liability company, formed in 2011, and wholly owned by MHDC, to perform site-work and landscaping. The Home Repair Project is a division of MHDC designed to assist low to moderate income families with emergency repairs and maintenance to their places of residence. EAST COAST PROPERTY MANAGEMENT (ECPM): MHDC purchased the property management company in 2011. ECPM maintains the records and oversees the operations of several business entities involved in rental real estate with concentrations in affordable and subsidized housing, homeowners associations, and some market-rate properties. AFFORDABLE HOUSING - APARTMENTS: MHDC exerts complete control over the operations of seven projects, some of which utilize subsidies from HUD and RD to offer affordable housing options to low income individuals. Information on the Projects is as follows: Name Location Units Subsidies Academy Apartments Milford, Delaware 11 HUD Section 8/USDA Section 521 Blair Apartments Milford, Delaware 10 None Acorn Acres Apartments Georgetown, Delaware 24 USDA Section 521 Greenwood Acres Apartments Greenwood, Delaware 28 USDA Sections 515 and 521 Park Royal Apartments Milton, Delaware 32 HUD Section 8/USDA Section 521 Adams Street Georgetown, Delaware 9 None Walker Woods II Apartments Dover, Delaware 19 HUD Section 8 Walnut Street Milford, Delaware 3 None AFFORDABLE HOUSING - APARTMENTS - TAX CREDITS: MHDC is the owner of the general partner for five limited partnerships that operate low-income housing projects in accordance with Section 42 of the Internal Revenue Code. Information on the Projects is as follows: Name Location Units General Partner (Division) Carlton Court Associates, LP Cambridge, Maryland 40 Carlton Court, LLC Hurd’s Crossing, LP Felton, Delaware 36 Hurd’s Crossing, Inc. Marshall Manor, LP Milford, Delaware 36 Marshall Manor, Inc. Milton Landing, LP Milton, Delaware 48 Milton Landing, Inc. North Lake Village, LP Middletown, Delaware 52 North Lake Village, Inc.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -9- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE | - ORGANIZATION (CONTINUED): TRANSITIONAL HOUSING: MHDC provides shelter for the temporarily homeless in the Milford (3 units) and the Smyrna (4 units) areas. Residents of the transitional housing are provided counseling services to help them obtain permanent housing, employment, financial assistance, and to help them with substance abuse. SELF HELP HOUSING: MHDC oversees this program that provides technical assistance and construction financing to eligible families constructing their own single family homes on lots owned and developed by MHDC. RD provides funding for this program. The program is projected to provide assistance in the following areas of Kent and Sussex County: Name Location Lots Lots Remaining Broad Acres Seaford, Delaware 17 17 Cedar Creek Landing Lincoln, Delaware 82 1 East Gate Farms Milford, Delaware TBD TBD Harmony Hill Camden, Delaware 31 17 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: BASIS OF ACCOUNTING: The accompanying consolidated financial statements have been prepared using the accrual method of accounting in accordance with U.S. generally accepted accounting principles. The Corporation is considered a voluntary health and welfare organization; thus, the statement of functional expenses is presented with the statements of financial position, activities, and cash flows. COMPARATIVE FINANCIAL INFORMATION: The consolidated financial statements include certain prior year summarized comparative information in total. Such information does not include sufficient detail to constitute a presentation in conformity with U.S. generally accepted accounting principles. Accordingly, such information should be read in conjunction with the Corporation’s consolidated financial statements for the year ended December 31, 2012, from which the summarized information was derived. Since the prior year information is summarized, the note disclosures to the consolidated financial statements are presented for the current year only. CONSOLIDATION POLICY: The consolidated financial statements include the accounts of the Corporation, its divisions, and the entities Milton Landing, LP, Marshall Manor, LP, Hurd’s Crossing, LP, North Lake Village, LP, and Carlton Court Associates, LP (the “LPs”). The LPs are consolidated since the Corporation has both an economic interest and significant influence over the operations as the General Partner (see Note 1). All material intra-divisional transactions have been eliminated. FEDERALLY SUBSIDIZED RENTAL REVENUE: The Projects and housing complexes of the Corporation are subject to RD Housing Assistance Payments and HUD Section 8 agreements. RD subsidies are requested near the end of the month and are usually received in the following month. Section 8 assistance is requested at the beginning of the month and is usually received in the month requested. The Corporation is economically dependent on federal funding sources. Any significant reduction in this funding would have a direct impact on operations. ACCOUNTS RECEIVABLE: Accounts receivable are stated at the amount management expects to collect from outstanding balances of tenants renting apartment units as well as other customers of the Corporation. Revenue derived from the Projects is recorded at gross potential unit rental revenue and vacancies are recorded as a deduction from rental revenue. Rents are due the first of the month and late charges are assessed after the fifth day of the month. Accounts are written off once a tenant has been evicted. Under the regulatory agreements, management may not increase rents charged to tenants without prior approval. An allowance for doubtful accounts has not been recorded since the amount is deemed immaterial.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -10- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED): PROPERTY AND EQUIPMENT: Property and equipment are recorded at cost and are depreciated on the straight-line method over the estimated useful lives of the assets, which are 25 - 50 years for the buildings and improvements and 5 to 20 years for the equipment. Additions and betterments are capitalized, while repairs and maintenance that do not improve or extend the useful life of the respective assets are expensed currently. In accordance with Accounting Standards Codification (ASC), No. 360, “Accounting for the Impairment or Disposal of Long- Lived Assets,” management reviews property for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recovered. If the fair value is less than the carrying amount of the asset, an impairment loss is recognized for the difference. No impairment losses have been recognized during the years presented. INTANGIBLES: Mortgage costs, tax credit fees, and goodwill are capitalized and amortized over the term of the debt (30 — 50 years), tax credit period (15 years), and estimated useful life (15 years), respectively. Management reviews asset carrying amounts whenever events or circumstances indicate that such carrying amounts may not be recoverable. When considered impaired, the carrying amount of the asset is reduced, by a charge to the statement of activities, to its current fair value. INCOME TAXES: MHDC received a determination letter from the Internal Revenue Service that grants an exemption from federal income taxes under section 501(c)(3) of the Internal Revenue Code (IRC), as an organization other than a private foundation, except for any income that may be a result of unrelated business transactions. The Corporation follows Accounting Standards Codification ("ASC") No. 740, "Income Taxes," a provision for which an organization must recognize the tax benefit associated with tax positions taken when it is more-likely-than-not that the position will be sustained. Management does not believe there are any material uncertain tax positions, and, accordingly, it has not recognized any liability for unrecognized tax benefits. Management believes that it is no longer subject to federal income tax examinations by tax authorities for fiscal years before 2009. USE OF ESTIMATES: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results may differ from these estimates and assumptions. CASH AND CASH EQUIVALENTS: Management considers all highly liquid investments with a maturity of three months or less, at the date of acquisition, to be “cash and cash equivalents.” CREDIT RISK: Cash and cash equivalents are maintained at financial institutions and, at times, balances exceeded the federally insured limits. The balances as of December 31, 2013, exceeded the FDIC limit in the amount of $1,327,958. RESTRICTED DEPOSITS: Restricted deposits consist of the following: escrow funds which are held by DSHA and financial institutions as approved by RD and tenant security deposits which are held in separate bank accounts in the name of the Project. The Regulatory Agreements (the “Agreements”) require monthly payments, as specified by authorities on an annual basis, for insurance premiums and real estate taxes where payments are made by the Project, or an authority on the Project’s behalf, and are expensed by management based on the respective effective periods, and into a restricted reserve for replacement account where withdrawals can be made for repair and/or replacement of, and capital improvements to, the apartment complexes, subject to approval of the authorities. The Corporation is also required to maintain separate bank accounts for the Self Help Housing program. INVESTMENTS: Investments represent endowments and pooled income funds held for long term investment. The fair value of marketable investments in equity and debt securities (which include both domestic and foreign issues) and U.S. government obligations are based on the published current market value at December 31, 2013. The fair values of the Corporation’s investments in foundations are based on management’s valuation of estimates and assumptions from information and representations provided by the respective fund managers in the absence of readily ascertainable market values. Because of the

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -il- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED): inherent uncertainty of valuation, it is reasonably possible that estimated values may differ significantly from the values that would have been used had a ready market for the securities existed, and the differences could be material. Financial instruments which potentially subject the Corporation to a concentration of credit risk consist principally of investments held by credit-worthy financial institutions. By policy, these investments are kept within limits designed to prevent risk caused by concentration. DEFERRED REVENUE: The Corporation receives funds from tenants in advance of the due date of the monthly amount due. The Corporation also receives funding commitments from federal, state, and local governments in advance of the commencement of projects. The revenue and support are recorded as deferred revenue in the consolidated statement of financial position until earned. NET ASSETS: Under current accounting standards, the Corporation is required to report information regarding its financial position and activities according to three classes of net assets: Unrestricted Net Assets: Resulting from revenues derived from unrestricted contributions, investment income, and other inflows of assets, the benefits of which are not limited by donor-imposed restrictions. Contributions which are restricted by the donor by time or purpose, which is satisfied within the calendar year, are considered unrestricted support; Temporarily Restricted Net Assets: Resulting from contributions and other inflows of assets whose use is limited by donor-imposed restrictions that expire either with the passage of time or the fulfillment of a specific purpose. When a donor restriction expires, that is, when a stipulated time restriction ends or a purpose restriction is accomplished, temporarily restricted net assets are reclassified as unrestricted net assets and are reported in the statement of activities as net assets released from restriction; Permanently Restricted Net Assets: Resulting from contributions and other inflows of assets whose use is limited by donor-imposed stipulations that they be restricted to investment in perpetuity. The Corporation has no permanently restricted net assets. All temporarily restricted net assets consist of certain escrows and reserves, which are restricted as to their use until the Corporation fulfills certain obligations and/or receives approval from a Regulatory Agency. SUPPORT RECOGNITION: Contribution revenue is recognized at fair value on the earlier of the receipt of cash or an unconditional promise to give. From time to time, the Corporation receives promises to give that have certain conditions such as meeting specific milestones. Conditional promises to give are recognized when the conditions are substantially met. Federal and state grant awards are recognized as revenue earned to the extent of qualifying expenses incurred or as such amounts are accrued. IN-KIND CONTRIBUTIONS: Donations of property and equipment are recorded as support at their estimated fair value. Such donations are reported as unrestricted support unless the donor has restricted the donated asset to a specific purpose. Assets donated with explicit restrictions regarding their use and contributions of cash that must be used to acquire property and equipment are reported as restricted support. Absent donor stipulations regarding how long those donated assets must be maintained, the Corporation reports expirations of donor restrictions when the donated or acquired assets are placed in service as instructed by the donor. SALES: The Corporation capitalizes acquisition, predevelopment, development and carrying costs of land and improvements to be held for sale as part of the Affordable Housing Opportunities and Self Help Programs. The costs are allocated to each building lot based on either a square footage or resale value formula. As the lots are sold, a prorated portion of the total cost is charged to cost of goods sold. ADVERTISING: Advertising costs are expensed when incurred.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -12- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED): SUBSEQUENT EVENTS: Events and transactions subsequent to year end have been evaluated for potential recognition in the financial statements or disclosure in the notes to the financial statements. All events and transactions have been evaluated through, August 6, 2014, the date the report was available for issuance. NOTE 3 - INVESTMENTS: Unrestricted investments consisted of the following at December 31, 2013: Cost Fair Value Mutual Funds $ 118,322 $ 142,558 Community Foundation 10,000 14,914 Ending Balance - December 31, 2013 $ 128,322 $ 157,472 Investment activity consisted of the following for 2013: Interest, Dividends, and Capital Gain Distributions $ 5,267 Gains and Losses 10,123 Investment Expenses (1,862) Total Investment Activity $ 13,528 ASC 820-10 Fair Value Measurements and Disclosures establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring inputs that are most observable be used when available. Observable inputs are inputs that market participants operating within the same marketplace as the Corporation would use in pricing the Corporation’s asset or liability based on independently derived and observable market data. Unobservable inputs are inputs that cannot be sourced from a broad active market in which assets and liabilities identical or similar to those of the Corporation are traded. The input hierarchy is broken down into three levels based on the degree to which the exit price is independently observable or determinable as follows: Level 1: Valuation is based on quoted market prices in active markets for identical assets or liabilities. Since valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does not entail a significant degree of judgment. Examples include equity securities and publicly traded mutual funds that are actively traded on a major exchange or over-the-counter market. Level 2: Valuation is based on quoted market prices of investments that are not actively traded or for which certain significant inputs are not observable, either directly or indirectly. The fair value of such investments is estimated using recently executed transactions, bid/asked prices and pricing models that factor in, where applicable, interest rates, bond spreads, and volatility. Level 3: Valuation is based on inputs that are unobservable and reflect management’s best estimate of what market participants would use as fair value. The following methods and assumptions were used to estimate the fair value of each class of financial instruments: Mutual Funds: The Corporation’s holdings in publicly traded mutual funds consist principally of equity securities carried at their aggregate market value that is determined by quoted market prices. Each of these investments can be liquidated daily. Valuation is based on Level 1 inputs within the hierarchy used in measuring fair value.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -13- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 3 — INVESTMENTS (CONTINUED): Community Foundation: Investments in community foundations consist primarily of mutual funds and unit investment trusts, but there is a significant amount invested in limited partnerships, offshore limited liability companies, and private equity concerns, all of which are valued based on Level 3 inputs within the hierarchy used in measuring fair value. Given the absence of market quotations, the fair value is estimated using information provided to the Corporation by the investment managers. The values are based on estimates that require varying degrees of judgment and are primarily based on financial data supplied by the investment managers of the underlying funds. The investments may indirectly expose the Corporation to the effects of securities lending, short sales of securities, and trading in futures and forward contracts, options, swap contracts, and other derivative products. While these financial instruments contain varying degrees of risk, the Corporation’s exposure with respect to each such investment is limited to its carrying amount (fair value as described above) in each investment. The amounts ultimately realized upon liquidation could differ from reported values that are based on current conditions. Financial assets carried at fair value measured on a recurring basis are as follows: Level 1 Level 2 Level 3 Total Mutual Funds $ 142,558 =§$ - $ - §$ 142,558 Community Foundations - - 14,914 14,914 Ending Balance $ 142,558 §$ - $ 14914 $ 157,472 There were no transfers to or from the Community Foundation account during the year. NOTE 4 - INTANGIBLES: The change in the carrying amount of intangible assets are as follows: Balance Additions Balance Beginning During End Of Of Year Year Amortization Year Intangibles $ 188,114 $ 114,352 $ - $ 302,466 Accumulated Amortization (153,843) : (16, 143) _ (169,986) Intangible Assets (Net) $ 34,271 $ 114,352 $ _ (16, 143) $ 132,480 NOTE 5 - PROPERTY AND EQUIPMENT: Substantially all property and equipment is for use in housing opportunities for the disadvantaged. Balance Additions Sales/ Balance Beginning During Disposals End of Of Year Year During Year Year Land $ 4,591,538 § 652,937 $ (233,418) $ 5,011,057 Buildings 21,993,020 8,202,358 - 30,195,378 Equipment 2,024,249 368,964 (24,631) 2,368,582 Total Cost 28,608,807 $ 9,224,259 $ _ (258,049) 37,575,017 Accumulated Depreciation (7,270,339) (8,053,360) PROPERTY AND EQUIPMENT (NET) $ 21,338,468 $ _29,521,657_

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -14- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 6 - LONG TERM DEBT: The Corporation has entered into the following loan agreements: USDA - RD: Long term debt instruments were provided by RD pursuant to its Rural Housing Program under Section 515 of the National Housing Act of 1949 for Academy Apartments, Acorn Acres Apartments, Greenwood Acres Apartments, Park Royal Apartments, Carlton Court Apartments, Hurd’s Crossing Apartments, Marshall Manor Apartments, and North Lake Village. The long term debt instruments are secured by a mortgage on the real estate, an interest in personal property, and an assignment of income to be derived from the Projects. Information on the long term debt instruments are as follows: Monthly Balance Accrued Total Apartments Original Rate* Term Payment Due Interest Due Academy $ 374,810 9.00% SOY $ 807 $ 194,136 $ 138 $ 194,274 Acorn Acres $ 1,052,349 6.75% 50Y $ 2,295 1,008,377 1,807 1,010,184 Greenwood Acres $ 1,435,121 6.50% SOY $ 3,080 1,214,106 1,548 1,215,654 Park Royal $ 1,334,985 6.75% 50Y $ 3,844 1,180,367 2,138 1,182,505 Carlton Court $ 1,569,987 7.38% SOY $ 3,124 1,482,167 2,702 1,484,869 Hurd’s Crossing $ 1,002,715 5.75% SOY $ 2,127 982,554 1,740 984,294 Marshall Manor $ 1,000,000 6.00% SOY $ 2,123 954,856 1,628 956,484 North Lake Village $ 1,714,865 3.125% Soy §$ 3,067 1,701,589 2,414 1,704,003 TOTALS $ 8,718,152 $ 14,115 $ _ 8,732,267 * The amount of interest charged is reduced to 1% by a subsidy provided by RD which reduces the monthly payment. DSHA - HOME: Long term debt instruments were provided by DSHA pursuant to the HOME program for Acorn Acres Apartments, Hurd’s Crossing Apartments, Marshall Manor Apartments, Milton Landing Apartments, and Milford Transitional Housing. The long term debt instruments are secured by a mortgage on the real estate, an interest in personal property, and an assignment of income to be derived from the Projects. No repayments on the long term debt instruments are required unless there is available cash flow, as defined in the DSHA Regulatory Agreements. Information on the long term debt instruments are as follows: Balance Accrued Total Apartments * Original Rate Term Due Interest Due Acorn Acres $ 725,000 3% 30Y $ 725,000 $ 211,332 $ 936,332 Hurd’s Crossing $ 1,450,000 3% 30 Y 1,450,000 196,379 1,646,379 Marshall Manor $ 880,000 3% 30 Y 880,000 276,259 1,156,259 Milton Landing $ 746,570 3% 30Y 746,570 338,442 1,085,012 Milford Transitional $ 207,462 0% 30 Y 207,462 - 207,462 TOTALS $ 4,009,032 $ 1,022,412 $ 5,031,444 DSHA - HDF; Long term debt instruments were provided by DSHA pursuant to the HDF program for Acorn Acres Apartments, Marshall Manor Apartments, Milton Landing Apartments, Park Royal Apartments, and Smyrna Transitional Housing. The long term debt instruments are secured by a mortgage on the real estate, an interest in personal property, and an assignment of income to be derived from the Projects. No repayments on the long term debt instruments are required unless there is available cash flow, as defined in the DSHA Regulatory Agreements. Information on the long term debt instruments are as follows:

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -15- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 6 - LONG TERM DEBT (CONTINUED): Balance Accrued Total Apartments Original Rate Term Due Interest Due Acorn Acres $ 304,736 3% 30Y $ 304,736 $ 40,697 $ 345,433 Marshall Manor $ 114,438 3% 30 Y 74,869 1,519 76,388 Milton Landing $ 1,701,365 3% 30Y 1,701,365 725,049 2,426,414 Park Royal $ 1,059,457 3% 30Y 1,059,457 270,171 1,329,628 Smyrna Transitional $ 213,000 0% 40 Y 213,000 - 213,000 Walker Woods I $ 330,453 3% 30Y 317,606 178,047 495,653 TOTALS $ 3,671,033 $ 1,215,483 $ 4,886,516 DELAWARE COMMUNITY INVESTMENT CORPORATION: Long term debt instruments were provided by the Delaware Community Investment Corporation (DCIC) for renovations and refinancing a previous long-term debt instrument for Blair Apartments and the construction of Milton Landing Apartments. The long term debt instruments are secured by a mortgage on the real estate, an interest in personal property, and an assignment of income to be derived from the properties. Information on the long term debt instruments are as follows: Monthly Balance Accrued Total Apartments Original Rate Term Payment Due Interest Due Blair $ 573,000 4.57% 18y §$ 2,927 $ 516,259 $ 1,962 $ 518,221 Milton Landing $ 304,000 7.32% 30Y §$ 3,080 227,774 1,385 229,159 Walker Woods II $ 352,000 4.00% 10Y 1,680 347,895 - 347,895 TOTALS $ 1,091,928 $ 3,347 $ _ 1,095,275 EASTON BANK AND TRUST COMPANY: A long term debt instrument was provided by Easton Bank and Trust Company for the refinancing of a previous long term debt instrument for Carlton Court Associates, LP. The long term debt is secured by a first mortgage on the real estate. Information on the long term debt is as follows: Due Monthly Balance Accrued Total Apartments Original Rate Date Payment Due Interest Due Carlton Court $ 106,251 6% 2022 $ 766 $ 101456 §$ 520. $ 101,976 HOUSING ASSISTANCE COUNCIL: Long term debt instruments were provided by the Housing Assistance Council (HAC) pursuant to the Rural Development Program for the purchase of raw land at East Gate Farms and Harmony Hill. The long term debt instruments are secured by a mortgage on the real estate and an interest in improvements made thereon. No repayments on the long term debt instruments are required unless the land is sold. Information on the long term debt instruments are as follows: Due Balance Accrued Total Original Rate Date Due Interest Due East Gate Farms $ 1,010,679 5% 2012 $ 680,000 $ - § 680,000 Harmony Hill #1 $ 150,000 0% 2013 120,000 - 120,000 Harmony Hill #2 $ 300,000 0% 2012, 273,000 - 273,000 TOTALS $ 1,073,000. $ -_ $ _ 1,073,000

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES - 16- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 6 - LONG TERM DEBT (CONTINUED): The Corporation is currently negotiating with HAC regarding the extension of the due date for each long term debt instrument above. WILMINGTON SAVINGS FUND SOCIETY: Long term debt instruments were provided by the Wilmington Savings Fund Society (WSFS) for the refinancing of a previous long term debt instrument for the purchase of land to develop Greenwood Acres II Apartments and 209 4" Street. The long term debt instruments are secured by a mortgage on the real estate. Interest only payments on the long term debt instruments are required until the land is developed and/or sold, at which time the entire principal amount is due at settlement. Information on the long term debt instruments are as follows: Due Monthly Balance Accrued Total Original Rate Date Payment Due Interest Due Greenwood Acres II $ 710,000 4.25% 2017. $ 750 $ 110,250 $ - §$ 110,250 Line of Credit $ 235,000 4.25% 2013. $ - - - . 209 4" Street $ 304,000 4.25% 2016 = $ 1,178 133,068 - 133,068 TOTALS $ 243,318 $ -_ $ 243,318 FULTON BANK: A long term debt instrument was provided by Fulton Bank for the purchase of Broad Acres. In addition, financing was provided for the payment of accrued interest on all long term debt instruments held by HAC. The long term debt instrument is secured by a mortgage on the real estate. The line of credit is secured by a mortgage on the Corporation’s office building. Information on the line of credit and long term debt instrument is as follows: Monthly Balance Accrued Total Original Rate Term Payment Due Interest Due Line of Credit $ 186,000 N/A N/A $ Int.Only $ 186,000 $ - $ 186,000 Broad Acres $ 490,000 4% 30 $ 2,530 182,800 - 182,800 TOTALS $ 368,800 $ - §$ 368,800 CAPITAL ONE: Long term debt instruments were provided by ING Bank for the refinancing of a previous long term debt instrument for the Corporation’s office building. Capital One acquired the long term debt from ING during the year presented and now serves as the mortgagee. The long term debt instruments are secured by a mortgage on the real estate. Information on the long term debt instrument are as follows: Due Monthly Balance Accrued Total Original Rate Date Payment Due Interest Due Office Building $ 300,000 4.25% 2016 $ 1,125 $ 267,263 $ -_ $ 267,263

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -17- NOTES TO THE CONSOLIDATED FINANICAL STATEMENTS DECEMBER 31, 2013 NOTE 6 - LONG TERM DEBT (CONTINUED): NCALL: A long term debt instrument was provided by NCALL (a Delaware nonprofit corporation) for the purchase of 117 N. Walnut Street in Milford, Delaware. The long term debt instrument is secured by a mortgage on the real estate. Information on the long term debt instrument is as follows: Due Monthly Balance Accrued Total Housing Original Rate Date Payment Due Interest Due 117N. Walnut = $ 257,000 6.5% 2017 $ 1,735 $ _ 249,875 $ -_ §$ 249,875 COUNTY BANK: A line of credit was provided by County Bank for the purchase of Harmony Hill. The line of credit is secured by a mortgage on the real estate. As lots are sold the bank requires that $51,000/lot be paid on the loan. County Bank also provided an operating loan. Information on the loans is as follows: Due Monthly Balance Accrued Total Housing Original Rate Date Payment Due Interest Due Operating Loan $ 100,000 6.0% 2014 N/A $ 68,690 §$ - $ 68,690 Harmony Hill $ 1,170,000 5.5% 2014 N/A $ 456,000 $ - § 456,000 TOTALS $ 524,690 $ - $ 524,690 FIRST STATE COMMUNITY LOAN FUND: A long term debt instrument was provided by First State Community Loan Fund (a Delaware Non-Profit corporation) for the refinancing of a debt instrument for Adams Street Apartments in Georgetown, Delaware. The long term debt instrument is secured by a mortgage on the real estate. Information on the long term debt instrument is as follows: Due Monthly Balance Accrued Total Housing Original Rate Date Payment Due Interest Due Adams Street $ 190,000 6% 2015 $ 1,139 $ 180,617 $ - $ 180,617 PATRICIA BATCHELOR: A long term debt instrument was provided by Patricia Batchelor, the former owner of East Coast Property Management, Inc. (ECPM), for the purchase of her ownership interest in ECPM. Information on the Jong term debt instrument is as follows: Monthly Balance Accrued Total Seller Financed Original Rate Term Payment Due Interest Due ECPM $ 325,000 5% iY $ 2,570 $ 269,582 $ - $ 269,582 TOTAL LONG-TERM DEBT $ 20,768,746 $ 2,255,877 $ 23,024,623 The principal amounts of the long term debt instruments are schedule to mature as follows: 2014 $ 1,939,178 2015 347,564 2016 580,267 2017 552,902 2018 207,243 Thereafter 17,141,592 TOTAL $ 20,768,746

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES - 18- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 7 - NORTH LAKE VILLAGE APARTMENTS: On December 20, 2012, the Corporation partnered with Hudson Valley SLP, LLC to form North Lake Village, LP, for the purpose of purchasing, owning, rehabilitating, and operating North Lake Village Apartments in Middletown, Delaware. During settlement, North Lake Village, LP assumed long term debt totaling $1,715,666 payable to RD (first mortgage). The cost to acquire North Lake Village Apartments was $1,739,364. The Corporation as General Partner owns a .01% interest in North Lake Village, LP and is responsible for oversight of the apartment complex. The Partnership has not had their permanent closing as of the report date. The Partnership entered into a contract with U & I Builders, Inc. to perform general contractor services in conjunction with the construction of the project. The original contract amounted to $4,737,524, and change orders amounted to $429,091, for a total contract amount of $5,166,615. Construction costs incurred during the period December 15, 2012 through December 31, 2013, totaled $5,166,615. As of December 31, 2013, construction costs payable on the contract is $661,571. The Partnership entered into a leasehold loan agreement, dated December 13, 2012, with Delaware State Housing Authority ("DSHA"). The loan agreement consists of four loans as described below. The total loan amount for construction financing is $4,963,937 and permanent financing is $1,822,022. The loans are secured by the real estate held for lease and an assignment of rents and leases. The total loan balance as of December 31, 2013, is $4,166,961. HDF Loan The second mortgage is a construction Joan in the amount of $2,025,442. The loan bears interest at 3% per annum. The loan is payable in full on the permanent conversion date. The balance on the loan as of December 31, 2013, is $1,467,134. ARHP Bond Funds Loan The third mortgage is a construction loan in the amount of $1,200,000. The loan bears interest at 3% per annum. On the conversion date, the loan will convert to a permanent financing in the amount of $539,028, bear interest at 1% per annum, and have a term of 20 years, but will amortize over 30 years. The balance on the loan as of December 31, 2013, is $1,200,000. ARHP Special Funds Loan The fourth mortgage is a construction loan in the amount of $1,282,994. The loan bears interest at 3% per annum. On the conversion date, the loan will convert to a permanent financing in the amount of $1,282,994, bear interest at 3.5% per annum, and have a term of 20 years, but will amortize over 30 years. The balance on the loan as of December 31, 2013, is $1,282,994. HOME Loan The fifth mortgage is a construction loan in the amount of $455,501. The loan bears interest at 3% per annum. The loan is payable in full on the permanent conversion date. The balance on the loan as of December 31, 2013, is $216,833. NOTE 8 — PENSION PLANS: The Corporation maintains an IRC Section 403(b) deferred compensation plan for its employees. The Corporation’s contributions under the plan are based on an employee’s years of service, and matches 25% of the eligible employee’s contribution up to 4% of the annual salary. The Corporation contributed $22,951 to the plan during the current year. During 2013 the Corporation initiated an IRC Section 457(b) deferred compensation plan for a select group of management or highly compensated employees. The participant may defer amounts of compensation and avoid federal income taxation until those amounts are paid or otherwise made available to the participant. The Corporation contributed $12,000 to the plan during the current year. This amount is shown as a prepaid expense and an accrued expense on the statements.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -19- NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS DECEMBER 31, 2013 NOTE 9 - CURRENT VULNERABILITY DUE TO CERTAIN CONCENTRATIONS: The Corporation’s operations are concentrated in the low income real estate market are subject to the administrative directives, rules and regulations of federal, state and local regulatory agencies, including, but not limited to, HUD, RD and/or DSHA. Such administrative directives, rules and regulations are subject to change by an act of Congress or an administrative change mandated by HUD, RD and/or DSHA. Such changes may occur with little notice or inadequate funding to pay for the related cost, including the additional administrative burden, to comply with a change. NOTE 10 - NEIGHBORHOOD STABILIZATION PROGRAM (NSP): MHDC is involved in this program to acquire, rehabilitate and sell distressed homes in New Castle County and Sussex County. The Corporation acquires the properties using loans from the governmental agencies with a zero percent interest rate via the Neighborhood Stabilization Program (NSP) administered by HUD. As of December 31, 2013, MHDC owned 2 homes with a total cost of $382,214. NOTE 11 — PRIOR PERIOD ADJUSTMENT: During the year, management discovered that the final week of payroll for 2012 had not been accrued. The 2012 balances have been restated to reflect this change. The net effect is to increase the payroll liability by $36,237 and increase compensation and related expenses for 2012. During the year, management discovered that Greenwood Acres’ subsidy receivable had not been fully recognized in 2012 and prior years. The 2012 balances have been restated to reflect this change. The net effect is to increase subsidy receivable by $11,875, increase federal financial assistance by $621 and increase beginning net assets by $11,254 in 2012. A non-cash contribution in 2011 was valued at $135,000. During 2013 it was discovered that the property donated was only worth $7,900, due to unforeseen defects. 2012 balances have been restated to reflect this overstatement. Property and equipment has been reduced by $127,100 and beginning net assets have been reduced by the same amount.

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES SUPPLEMENTAL INFORMATION DECEMBER 31, 2013

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -20- SUPPLEMENTAL INFORMATION FOR THE DED DECEMBER 31, 2013 CONSOLIDATING STATEME) FF FINANCIAL POSITION - DIVISIONS Eliminating, Consolidated Cash $ 1,018,476 $ 198,865 $ 74,974 $ - $ 1,292,315 Investments 157,472 = = - 157,472 Funded Escrows and Reserves 165,161 726,735 80,727 : 972,623 Security Deposits Escrow - 35,985 3,398 - 39,383 Accounts Receivable 918,426 9,482, 3,136 - 931,044 Accounts Receivable - Subsidy - 26,308 - - 26,308 Prepaid Assets 12,000 5,350 = - 17,350 Intercompany Activity 692,709 1,948 - (694,657) - Intangible Assets (Net) - 14,894 - - 14,894 Nonpublic Stock 650,000 | - - (650,000) = Neighborhood Stabilization Program Homes 382,214 - - - 382,214 Property and Equipment (Net) 2,384,920 6,190,966 3,209,696 - 11,785,582 ASSETS $ 6,381,378 § 7,210,533_ $ 3,371,931 $ (1,344, 657) $ 15,619,185 LIABILITIES Accounts Payable and Accrued Expenses $ 129,939 $ 68,304 $ 22,185 $ (51,244) $ 169,184 Deferred Revenue 543,404 23,375 197,325 (431,704) 332,400 Security Deposits Funded - 35,985 4,083 = 40,068 Accrued Interest Payable - 707,841 - - 707,841 Intercompany Activity 175,256 1,948 oo (177,204) - Neighborhood Stabilization Program Loans 382,214 = ° = 382,214 Long Term Debt 848,852 6,867,940 2,748,754 = 10,465,546 TOTAL LIABILITIES 2,079,665 7,705,393 2,972,347 (660,152 12,097,253 NET ASSETS Net Assets: Unrestricted 4,136,552 (1,221,595) 315,459 (684,505) 2,545,911 Temporarily Restricted 165,161 726,735 84.125 = 976,021 TOTAL NET ASSETS 4,301,713 (494,860) 399,584 684,505) 3,521,932 TOTAL LIABILITIES AND NET ASSETS $ 6,381,378 $ 7,210,533, $ 3,371,931 $ a 344,657) $ 15,619,185

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES SUPPLEMENTAL INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2013 CONSOLIDATING STATEMENT OF FINANCIAL POSITION - LIMITED PARTNERSHIPS ASSETS Cash Funded Escrows and Reserves Security Deposits Escrow Accounts Receivable Accounts Receivable - Subsidy Prepaid Expenses Intangible Assets (Net) Property and Equipment (Net) TOTAL ASSETS LIABILITIES Accounts Payable and Accrued Expenses Construction Payables Deferred Revenue Security Deposits Funded Accrued Interest Payable Intercompany Activity Long Term Debt - Current Portion Long Term Debt TOTAL LIABILITIES PARTNERS' CAPITAL Total Unrestricted TOTAL LIABILITIES AND PARTNERS' CAPITAL Limit Partnerships 250,895 1,305,898 69,554 41,845 29,761 22,269 544,270 17,736,075 20,000,567 131,390 4,828,532 1,302 69,554 1,548,036 382,529 14,923 10,288,277 17,264,543 2,736,024 20,000,567 Eliminating Entries (5,020) (426,684) $ (431,704) $ $ (23,583) $ (382,529) (406,112) (25,592) $ (431,704) $ -21- Consolidated Total 250,895 1,305,898 69,554 41,845 29,761 17,249 117,586 17,736,075 19,568,863 107,807 4,828,532 1,302 69,554 1,548,036 14,923 10,288,277 16,858,431 2,710,432 19,568,863

SUPPORT: Foundations, Churches, and Corporations Federal Financial Assistanoe State Financial Assistance TOTAL SUPPORT REVENUE: Rental Services Sales Interest Other TOTAL REVENUE TOTAL SUPPORT AND. REVENUE EXPENSES: ‘Compensation and Related Expenses Employee Benefits Management Fees Legal Accounting Advertising Office, Postage Information Technology Electricity and Fuel Maintenance and Repairs Project Costs Cost of Goods Sold Security ‘Telephone ‘Trash Removal Water and Sewer Automotive Travol and Lodging Conferences, Conventions, and Meetings Interest Administrative Oversight Fee - MHDC Depreciation and Amortization Insurance Bad Debts Dues and Subscriptions Rent Real Estate Other Taxes TOTAL EXPENSES. +22- Services. Apartments Total MHDC ‘Eliminating Entries Consolidated Total s 614,611 = 565 «$ 615,176 S$ : 615,176 = 603,234 592,675 1,195,909 - 1,195,909 $20,000 : : 120,000, - 120,000 734,611 603,234 393,240 1,931,085 - 1 S 51,270 312,023 36,323 399,616 (5,020) 394,596 3,389,565 - - 3,389,565 (872,898) 2,516,667 539,428 : - $39,428 - 539,428 2,378 786 319 3,483 - 3,483 34,157 10,467 515 45,139 165) 44,974 4,016,798 323,276 37,157 4,377,231 (878,083) 3,499,148 4,751,409 926,510 630,397 6,308,316 (878,083) $,430,233 1,726,064 118,803 380,464 2,225,331 - 2,225,331 389,807 17,171 117,797 $24,778 : $24,775 2,400 69,033 : 11,433 (69,033) 2,400 - 1,607 - 1,607 : 1,607 14,425 32,517 5,000 $1,942 - 51,942 11,608 191 3,846 15,645 - 15,645 53,062 13,150 19,068 85,280 (107) 85,173 10,498 - 1,026 11,524 - 11,524 21,199 - 4,397 25,596 - 25,596 18,328 22,477 18,468 $9,273 - 59,273 21,623 155,377 11,455 188,455, : 188,435 520,781 - 13,802 534,583 - 534,583 402,821 - : 402,821 : 402,821 . 15,501 - 15,501 - 15,501 34,928 17319 6,298 58,545 + 58,545 - 28,556 : 28,556 : 28,556 - 83,887 : 83,887 : 83,887 117,743 3,210 14,520 135,473, : 135,473 32,11 : 7,268 39379 - 39,379 34,389 395 935 35,719 : 35,719 169,126 173,224 27,023 369,373 - 369,373 225,000 13,990 : 238,990 (238,990) - 134,397 218,462 22,843 375,702 - 375,102, 67,614 47,491 13,380 128,485 - 128,485, 156 1,106 : 1,262 - 1,262 13,640 - 8,223 21,863 - 21,863 56,400 : 24,000 80,400 : 80,400 1,375 3,837 : 5,212 - 5,212 1,930 6,075 785 8,790 £790 4,081,925 1,043,379 700,598 5,825,402 (308,130) 5,517,272 669,984 (116,869) (70,201) 482,914 (869,953) (87,039) 3,584,112 (438,229) $17,402 3,663,285 (735,136) 2,928,149 - 60,238 : 60,238 - 60,238 47,617 - (47,617) : 620,584 620,584 $ 4,301,713 (494,860) 399,584 § 4.206.437. $ (684,505) 3,521,932 ee OS

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -23- SUPPLEMENTAL INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2013 INSOLIDATI. iT, LEN’ -U PAR’ Limited. Eliminating Consolidated Partnerships Entries Total SUPPORT: Federal Financial Assistance $ 1,006,081 $ - §$ 1,006,081 TOTAL SUPPORT 1,006,081 - 1,006,081 REVENUE: Rental 612,408 - 612,408 Interest 2,487 - 2,487 Other 24,594 : 24,594 TOTAL REVENUE 639,489 = 639,489 TOTAL SUPPORT AND REVENUE 1,645,570 - 1,645,570 EXPENSES: Compensation and Related Expenses 267,836 - 267,836 Employee Benefits 30,688 - 30,688 Management Fees 124,945 (124,945) - Legal 16,321 - 16,321 Accounting 39,498 (4,608) 34,890 Advertising 326 - 326 Other Renting Expenses 62,686 * 62,686 Office 26,535 (58) 26,477 Electricity and Fuel 63,652 - 63,652 Maintenance and Repairs 204,642 - 204,642 Security 23,358 - 23,358 Telephone 15,373 - 15,373 Trash Removal 68,984, - 68,984 Water and Sewer 113,054 - 113,054 Automotive 3,082 - 3,082 Conferences, Conventions, and Meetings 3,175 - 3,175 Interest 398,572 (5,020) 393,552 Administrative Oversight Fee - Other 41,277 (40,637) 640 Depreciation and Amortization 450,964 - 450,964 Insurance 94,600 - 94,600 Bad Debts 4,182 - 4,182 Real Estate 85,987 - 85,987 Other Taxes 12,795 = 12,795 TOTAL EXPENSES 2,152,532 (175,268) 1,977,264 (506,962) 175,268 (331,694) ’ CAPITAL - IN] 1,433,378 37,195 1,470,573 PARTNER CONTRIBUTIONS 1,925,867 382,529 2,308,396 ISTRIB| (116,259) * (116,259) ADJUSTMENTS : (620,584) (620,584) PARTNERS' CAPITAL - END OF YEAR $ 2,736,024 $ 25,592) $ 2,710,432 © ee See

ASSETS. Cash Investments Funded Escrows and Reserves Accounts Receivable Prepaid Expenses Intercompany Activity Purchase of Nonpublic Stock Neighborhood Stabilization Program Homes Property and Equipment (Net) TOTAL ASSETS LIABILITIES ‘Accounts Payable and Accrued Expenses Deferred Revenue Intercompany Activity Neighborhood Stabilization Program Loans Long Term Debt TOTAL LIABILITIES NET ASSETS Net Assets: Unrestricted Temporarily Restricted TOTAL NET ASSETS TOTAL LIABILITIES AND NET ASSETS MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -24- JPPLEMENTAL INFORMATION FOR THE YEAR ENDED DECEMBER 31, 2013 East Coast Home Repair Ground Mission Property MHDC Project Control Builders Management Total Services s 562,536 $ 196,897 $ 87,423. $ 95,792 75,828 § 1,018,476 157,472 : - - : 157,472 F * 2 = 165,161 165,161 518,200 : - - 400,226 918,426 12,000 : : - : 12,000 660,639 : 6,081 > 25,989 692,709 325,000 : : - 325,000 650,000 382,214 : : : - 382,214 2,387,225 - 8,560 - 19,135 2,384,920 8 4,975,286 $ 196,897 $ 102,064 $ 95,792 $ 1,011,339 6,381,378 = ——* = = —— $ 78,892 § 16,175 $ 11,728 § a920 § 14,224 129,939 543,404 - : - : $43,404 35,707 - 139,549 - : 175,256 382,214 - - - - 382,214 579,270 : : : 269,582, 848,852 1,619,487 16,175 151,277, 8,920 283,806 2,079,665 3,355,799 180,722 (49,213) 86,872 $62,372 4,136,552 - - - - 165,161 165,161 3,355,799 180,722 (49,213) 86,872 727,533 4,301,713 $ 4,975,286 $ 196,897_ $ 102,064_ $ 95,792, $ 1,011,339. $ 6,381,378 Ss EE

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES -25- Walker Woods 11 ASSETS Acaleany ‘Blair AsomAcnss ‘Greco Acris: ‘Park Royal ‘Apanmncnls Total Apurhinsats Cash 5 36293 S 8231 16762 107,402 $ 27,808 $ 369 8 198,865 Funded Fscrows and Reserves 140,920 17,158 157,184 151,937 192,346 67,190 126,135 Security Deposits Escrow 2,587 6,236 8,861 7,630 7,651 3,020 35,985 Accounts Receivable 481 615 : : 931 7435 9,482 Accounts Receivable - Subsidy : - 13,532 11,592 L1sd : 26,308 Due From Blair 1,948 : : : 1,948 Expenses 380 : : : 4,800 : 5,350 Intangible Assets (Net) : 11,075 : : . 3819 14894 Property and Equipment (Net) 331,917 412,632 1,958,502 389,155 1,776,693 822,067 6,190,966 ‘TOTAL ASSETS 8 516,596 S 455,947_ $ 2154841 $ 1,167,716 $ 2,011,413 7,210,533 EE SE S AISA, S ITS, SS LIABILITIES Accounts Payable and Acented Expenses. s 2,600 $, 21154 S 9,006 14227 § lolos § 22 $ Due to Academy : 1,948 : : : : Deferred Revenue 4891 720 200 174 17,390 - ‘Security Deposits Funded 2.587 6,236 8,861 7,630 7,651 3,020 ‘Accrued Interest Payable 1,962 253,837 1548 272,309 178,047 Long Tenn Debt $16,260 2,038,113 1,214,106 2,239,824 665,501 TOTAL LABILUIS 204,352 548,260 2,310,017 1,237,685 2,547,279 857,780 NELASSETS Net Assets: Unrestricied 171,424 (109,491) 312,360) (221,906) (728,212) (21,050) (1,221,595) ‘Temporarily Restricted 140,920 17,158 157,184 151,937 192,346 61,190 726735 TOTAL NET ASSETS 312,344 (92,333) 155.070) £09,969) (535,866) 46,140 494,860) TOTAL LIABILITES AND NET ASSISTS Fy 516,696 $ 435,947 § 2,154,841 S$ 1,167,116_ $ 201413 $ 903,920, $ 2,210,533

=26- ASSETS Adams Street, Walnut Street SclfHelp. ‘Total Housing Cash s 1344 $ -$ 3.688 S$ 105s 69,837 S 74974 Funded Escrows and Reserves 6,622 - $0,031 24,074 : 80,727 Security Deposits Eserow 1472 - 1,926 - : 3,398 Accounts Receivable - - > - 3,136 3,136 Property and Equipment (Net) 159,060 240,396 122,139 192,733 2,495,368 3,209,696 TOTAL ASSETS $ 168,498 S$ 240,396 $ 171,784 $ 216,912, $ 2,368,341 $ 3,371,931 eS eS ee LIABILITIES Accounts Payable and Accrued Expenses 3205S 1691 $ 327 $ 15,663 S$ 22,185 Deferred Reventue : : : 197,325 197,325 Security Deposits Funded 650 70 1,291 - 4,083 Long Term Debt 249,75 207,462 213,000 1,897,800 2,748,754 TOTAL LIABILITIES 253,730 209,923 214,818 2,110,788 2,972,347 NET ASSETS Net Assets: Unrestricted (22,684) (13,334) (84,096) (21,980) 457,583 315,459 ‘Temporarily Restricted 8,094 - $1,957 24,074 - 84,125 TOTAL.NELASSETS 14,90) (13,334) 32,139) 2,094 457,553 399,584 TOTAL LIABILITIES AND NET ASSETS 5 168.498 Ss 240396. $ 177,744 216,912 $ 2,568,341_ S$ 3,371,931 SE PL es

Cash Funded Eserows and Reserves Security Deposits Escrow Accounts Receivable ‘Accounts Receivable - Subsidy Propaid Expenses Intangible Assets (Net) Property end Equipment (Net) TOTAL ASSETS ‘Accounts Payable and Acerued Expenses Construction Payables Deferred Revenue Seeurity Deposits Funded ‘Acorted Interest Payable Intercompany Activity ‘Debt - Current Portion Long Term Debt LIABILITIES Carlton Court Ana's Crossing $ 70,667 115,678 9,448 2318 1,355, 16,372 1,357,964 s 1,633,802 s 10,521 an 9,448 3,222 1,583,623 1,607,091 26,711 8 1,633,802 “27. Total Limite ‘Matehall Mane Milton Lamdiny Nocth Laks Village Lontoscahins s 36593 -$ 32116 8 7097S 104,422, $ 250,895 187,730 350,439 234,667 357,384 1,305,898 11,532 9,043 22,325 17,206 69,554 37 6 1,180 38,304 41845 13,788, 14618 - ba 29,761 - . alo ‘5,487 22,269 11,300 : 1,760 $31,210 344,270 ASPB AIS 2,005,904 2.09.28) PACOR YS 17,736,075, $ 4,659,478 $ 2,412,126 $ 2,576,720 S$ 8718441 $ 20,000,567 ee = s 25849 S$ 27721 $ 12,820 $ ‘34479 $ 131,390 : * : 4,828,532 4,828,532 93 . 932 ~ 1,302 11,532, 9,043 22,325 17,206, 69,554 198,119 279,407 1,064,876 2412 1,548,036 : : - 382,529 382,529 - 14,923 14,923 2,432,584 1,909,725 2,675,709 1eHQ066 10,288,277 2,668,147 2,225,896 3,776,662 6,986,747 17,264,543, 1,991,331 186,230 (1,199,942) 1,731,994 2736004 s 4639478 $ 2,412,126 $ B71R441 $ 20,000,567

Foundations, Churches and Corporations ‘State Financial Assistance TOTAL SUPPORT REYENUE: Rental Program Service Fees Sales Interest Other TOTAL REVENUE TOTAL.SUPPORT AND REVENUE EXPENSES: ‘Compensation and Related Expenses Employee Benefits Management Foes Accounting Advertising Office Postage Information Technology Utilities Maintonance and Repairs Project Costs, Cost of Goods Sold Telephone Automotive Trovel and Lodging Conferences, Conventions, and Meetings Interest Administrative Oversight Fee - MHDC Depreciation and Amortization Insurance Bad Debis Dues and Subscriptions Rent Real Estate Taxes Other Taxes TOTAL EXPENSES =285 R THE YE ENDED DECEMBER 3 East Coast Ground Property MHDC Control, Builders Management Total Services: $ 520,266 $ 94,345 - §$ - s - G14,6U1 98,450 31,550 : : - 120,000 608,716 125,895 : : : 734,6U $1,270 : - : - 51,270 595,523 462,813, 635,530 307,900 1,387,799 3,389,565 539,428 - - : - $39,428 2,213, : : : 165 2,378 17,728 6,089 : : 10,340 34,157 1,206,162 468,902 635,530 307,900 1,398,304 4,016,798 1,814,878 594,797 635,530 307,900 1,398,304 4,751,409 622,342 156,424 138,099 56,519 752,680 1,726,064 187,407, 48,998 31,369 23,081 98,952 389,807 - . : + 2,400 2,400 6,000 4,100 400 400 3,525 14,425 3,969 150 2,793 2,993 1,703 11,608 19,714 3,880 4771 663 24,034 53,062 1,767 788 275 146 7,522 10,498 6,066 3,970 600 00 9,963 21,199 6,599 3,587 - : 8,172 18328 4,226 494 : 1,615 3,288 21,623 44,416 208,991 21,756 245,618 : 520,781 : : 402,821 : - 402,821 5,180 1,957 1,379 400 26,012 34928 12,834 7,388 98,780 7,811 930 117,743 2.215 1,549 : - 28,347 32111 26,824 543 140 103 6779 34,389 155,022 : : : 14,104 169,126 z - 30,000 36,000 159,000 225,000 122,581 : 451 - 11,365 134,397 31,157 4,761 1,420 - 30,276 67,614 R é : 156 - 156 7,607 167 27 - 4339 13,640 - 9,600 3,000 1,800 42,000 56,400 : : : : 1378 1375 225 : 617 763 325 1,930 1,266,151 457,917 729,598 388,668, 1,239,091 4,081,425 $48,727 136,880 (94,068) (80,768) 159,213 669,984 97,144 (49,527) - : : 47,617 645,871 87,353 (04,068) (80,768) 159,213 717,601 2,709,928 93,369 44,855 167,640 568,320 3,584,112 s 3,355,799 $ 190,722, $ (49.213) $ 86,872. 27533 § 4301713

SUPPORT: Federal Financial Assistance TOTAL SUPPORT REVENUE: Rental Interest Other TOTAL REVENUE EXPENSES: Compensation and Related Expenses Employee Benefits Management Fees Legal Accounting Advertising Office Electricity und Fuel Maintenance and Repairs Scourity Telephone Trash Removal Water and Sewer Automotive Conferences, Conventions, and Meetings Interest ‘Administrative Oversight Fee - Related Depreciation and Amortization Insurance Bud Debts Real Estate Taxes Other Taxes ‘Acadcmy’ 52,568 $ 57,568, 29,320 a7 1,081 8.053 868 7,392 264 1,900 16 888 2,653 50,967 2301 3.181 2,670 264 1978 869 13,315 4419 550. 102,548 (14,532) 326,876 PI 7.596 $79 3,000 12s 1,100 2 231 8,094 8,865 240 23,831 1,200 21,017 49 500 81,149) (5,789) (86,544) OP! Cl EMENTAL INF 1 ENDED DE TION AND IN Walker Woods II Acom Acres Greenwood Acres Park Roval Aparimenis s 153.428 5 143,569 191,896 S 36,773 153,428 143,569 191,896 36,773 69,927 61,875 70,864 6,237 4 328 243 122 5,085 1,223 927, 603 75,046 63,426 72,034 6962 206,995 263,930 63.735 30,23 17,407 45,686 9.738 3,799 3,072 1,764 1,089 444 18,144 20,682 4371 9 40 ” 1040 6,900 6,900 7,500 8,217 BB 56 : 31 3,626 1,626 3,379 3,599 5,977 4,567 7,985 1,064 36,052 22,840 28,972 8.452 8,047 3,498 2,220 1136 9.412 2144 2,524 938 9.401 2,890 12,285 799 14478 28,800 25,823 3,23 529 on oo 314 55 = 55 285 52,752 19,114 $8,054 17,495 1,895 7,500 2,526 : 65,279 39,311 65,929 13,611 13,992 6.964 16,187 1,240 81 : 42 983 < 3 3,837 - 3 : 5,025 < 278,769 185,545 317,535 77,933 (50,295) 21,450 (53,605) (14,098) (104,881) OL4I9) (482.261) : 5 : 60,238 s (35.176) § (990) § (535,866) § 46.140 ee 3234S (92,333) =29- Total Apartments s 603,234, 603,234 312,023, 786 10,467 323,276 926,510 118,803 17171 69,033 1,607 32,517 191 13,150 22,477 155,377 15,508 17,319 28,556 83,887 3,210 395 173,224 13,990 218,462 47,491 1,106 3,837 6,075 1,043,379 (116,869) (438,229) 60,238. $ 494 860)

‘SUPPORT: Foundations, Churches, and Corporations Federal Financial Assistance ‘TOTAL SUPPORT REVENUE: Rental Interest ‘Other TOTAL REVENUE TOTAL SUPPORT AND REVENUE EXPENSES: ‘Compensation and Related Expenses Employee Benefits Accounting Advertising. Office Postage Information Technology Utilities Maintenance and Repairs Project Costs Telephone Automotive Travel and Lodging Conferences, Conventions, Meetings Interest Depreciation and Amortization Insurance Dues and Subscriptions Rent Other Taxes Transitional Adams Sircet Walnut Street Milford Sma s : - 565 «5 -$ : : 565 : 10,500 8,542 6,639 10,642 9 : : 395 - 5 10,904 8,542 10,717 8542 7515 10,717 64 1,330 ud 1,408 3,380 1,138 1,187 1,667 6.948 4,601 2,368 1,249 378 1,815 4,363 3,894 = 3450 = 5 10,405 16,618 : - 5131 6,265 3,275 8.172 447 70 1,005 9 250 150 150 235 27,003 36,137 12,692 17.454 (16,099) (27,595) 677) 6,737) 13.275 24,127 3,387 332) 2,824) G.468) (1,790) (7,069) (11,766) (9,866) 034) 9163 § AD § 12339) 22m $304 s ‘Self Help 592,675, 592,675 at 44 592,719 377,318 17,797 $,000 3.846 11,696 1,026 4,397 ‘3,302 1,005 10,352 6,298 14,520 7.268 935 10,329 8,223 24,000 607,312 (14,593) (88,074) (102,667) 560,220 | 457,553 -30- ‘Total Housing $ 565 $92,675 593,240 : 36,323 319 515 37,157 630,397 380,464 117,797 5,000 3,846 068 1,026 4,397 18,468 ass 13,802 6,298 14,520 7,68 935, 27,023 22,843 13,380 8,223 24,000 785, 700,598 70,201) 41.617) (117,818) 517,402 $ 399,584 ———

-315 Carlton Hurd's Marshall Milton North Lake Total Limited Court Crossing Manor Landing Village Partnerships SUPPORT: Federal Financial Assistance $ 301,087 $ 165,944 $ 178,509 $ _§ 360,541 $ 1,006,081 REVENUE: Rental 68,370 85,078 84,659 299,821 74,480 612,408 Interest 8&9 386 553 671 788 2,487 Other 1,602 91 351 9,855 12,695 24,594 TOTAL REVENUE 70,061 85,555 85,563 310,347 87,963 639,489 IT, UE 371,148 251,499 264,072 310,347 448,504 1,645,570 EXPENSES; Compensation and Related Expenses. 53,985 35,747 33,379 44,022 100,703 267,836 Employee Benefits 8,105 1,132 4314 7,80) 9,336 30,688 Management Fees 25,866 23,058 23,166 24,619 28,236 124,945 Legal 300 40 40 615 15,326 16,321 Accounting 8,190 8,900 8,900 12,308 1,200 39,498 Advertising 43 - - - 283 326 Other Renting Expenses : : - : 62,686 62,686 Office 3,390 2,688 2,190 4,279 13,988 26,535 Electricity and Fuel 12,911 5,409 5,716 11,811 27,805 63,652 Maintenance and Repairs 57,805 28,692 28,138 52,656 37,351 204,642 Security 395 5,481 4,706 7,509 5,267 23,358 Telephone 3,308 2,921 2,689 2,682 3,773 15,373 Trash Removal 5,670 4,291 4,794 18,476 35,753 68,984 Water and Sewer 17,708 22,247 14,523 35,497 23,079 113,054 Automotive 1,127 . 740 1,215 = 3,082 Conferences, Conventions, Meetings 110 1,618 672 715 - 3,175 Interest 39,441 64,496 48,523 90,381 155,731 398,572 Adtninistrative Oversight Fee - MHDC 21,640 1,550 14,087 - - 37,277 Administrative Oversight Fee - Other - - 4,000 : 2 4,000 Depreciation and Amortization 74,617 133,596 115,332 89,301 38,118 450,964 Insurance 15,846 13,516 11,085 16,764 37,389 94,600 Bad Debts 1,963 272 394 1,282 271 4,182 Real Estate Taxes 31,215 22,378 14,396 17,998 = 85,987 Other Taxes 2,640 505 2,175 T ATS = 12,795 * TOTAL EXPENSES 386,275 378,537 343,959 447,466 596,295 2,152,532 CHANGE IN PARTNERS' CAPITAL. (15,127) (127,038) (79,887) (137,119) (147,791) (506,962) PARTNERS' CAPITAL - BEGINNING OF YEAR 109,479 2,120,605 266,117 (1,062,823) : 1,433,378 S JT1Q} 1,382 - - - 1,924,485 1,925,867 DISTRIBUTIONS/SYNDICATION COSTS (69,023) (2,236) - - (45,000) (116,259) “C, . $ 26,711 $ 1,991,331 $ 186,230 $_ (1,199,942) $ 1,731,694 $ 2,736,024

hy 218 Seaford Office Terrence Johnson, C.P.A, BS (302) 629-9543 Richard L. Tull, C.P.A. Fax (302) 629-3501 Gary W. Tule, CRA. LANK, JOHNSON & TULL Milford Office Robert B, Lank, C.P.A. . CO . ; (302) 422-3308 ane baat i A Certified Public Accountants Fax (302) 422-4782 P.O. Box 418 © 521 N. Market St. Ext. * Seaford, Delaware 19973 Dover Office P.O, Box 253 * 268 Milford-Harrington Highway * Milford, Delaware 19963 (302) 736-2618 1475 S. Governors Avenue * Dover, Delaware 19904 Fax (302) 736-5522 INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To The Board of Directors Milford Housing Development Corporation Milford, Delaware We have audited the consolidated financial statements of Milford Housing Development Corporation (a Delaware Nonprofit Corporation) and Affiliates as of and for the year ended December 31, 2013, and have issued our report thereon dated August 6, 2014. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Internal Contro] Over Financial Reporting Management of Milford Housing Development Corporation and Affiliates is responsible for establishing and maintaining effective internal control over financial reporting. In planning and performing our audit, we considered Milford Housing Development Corporation and Affiliates’ internal control over financial reporting as a basis for designing our auditing procedures for the purpose of expressing our opinion on the consolidated financiat statements, but not for the purpose of expressing an opinion on the effectiveness of Milford Housing Development Corporation and Affiliates’ internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of Milford Housing Development Corporation and Affiliates’ internal control over financial reporting. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect, and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal contro! over financial reporting, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control over financial reporting was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over financial reporting that might be deficiencies, significant deficiencies or material weaknesses. Given these limitations, during our audit we did not identify any deficiencies in internal control over financial reporting that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Compliance and Other Matters As part of obtaining reasonable assurance about whether Milford Housing Development Corporation and Affiliates’ consolidated financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect’ on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit and, accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. The purpose of this report is solely to describe the scope of our testing of internal controt over financial reporting and on compliance and other matters, and the results of that testing, and not to provide an opinion on the effectiveness of Milford Housing Development Corporation and Affiliates’ internal control over financial reporting or on compliance and other matters, This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Milford Housing Development Corporation and Affiliates’ internal control over financial reporting and on compliance and other matters, Accordingly, this report is not suitable for any other purpose, Seaford, Delaware August 6, 2014 Members AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS * PRIVATE COMPANIES PRACTICE SECTION DELAWARE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

Robert B. Lank, C.P.A. Seaford Office Terrence Johnson, C.P.A. (302) 629-9543 Richard L. Tull, C.P.A. Fax (302) 629-3501 Gary W. Tuttle, C.P.A, LANK, JOHNSON & TULL Milford Office 7 , ; (302) 422-3308 fsteae aa Glen Certified Public Accountants Fax (302) 422-4782 P.O. Box 418 * 521 N. Market St. Ext. * Seaford, Delaware 19973 Dover Office P.O. Box 253 * 268 Milford-Harrington Highway * Milford, Delaware 19963 (302) 736-2618 1475 S, Governors Avenue * Dover, Delaware 19904 Fax (302) 736-5522 INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH REQUIREMENTS THAT COULD HAVE A DIRECT AND MATERIAL EFFECT ON EACH MAJOR FEDERAL PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE IN ACCORDANCE WITH OMB CIRCULAR A-133 To The Board of Directors Milford Housing Development Corporation Milford, Delaware Compliance We have audited Milford Housing Development Corporation (a Delaware Nonprofit Corporation) and Affiliates’ compliance with the types of compliance requizements described in the OMB Cireular A-133 Compliance Supplement that could have a direct and material effect on Milford Housing Development Corporation and Affiliates’ major federal programs for the year ended December 31, 2013. Management's Responsibility for Compliance Compliance with the requirements referred to above is the responsibility of Milford Housing Development Corporation and Affiliates’ management. Auditor’s Responsibility Our responsibility is to express an opinion on Milford Housing Development Corporation and Affiliates’ compliance based on our audit. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and OMB Circular A-133, Audits of States, Local Governments, and Nonprofit Organizations. Those standards and OMB Circular A-133 require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the compliance requirements referred to above that could have a material effect on the major federal programs identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs occurred. An audit includes examining, on a test basis, evidence about Milford Housing Development Corporation and Affiliates’ compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion. Our audit does not provide a legal determination of Milford Housing Development Corporation and Affiliates’ compliance with those requirements. Opinion In our opinion, Milford Housing Development Corporation and Affiliates complied, in all material respects, with the compliance requirements referred to above that are applicable to its major federal programs identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs for the year ended December 31, 2013. Internal Control Over Compliance Management of Milford Housing Development Corporation and Affiliates’ is responsible for establishing and maintaining effective internal control over compliance with the compliance requirements referred to above, In planning and performing our audit, we considered Milford Housing Development Corporation and Affiliates’ internal control over compliance as @ basis for designing our auditing procedures for the purpose of expressing our opinion on compliance, but not for the purpose of expressing an opinion on the Members AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS ¢ PRIVATE COMPANIES PRACTICE SECTION DELAWARE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS

-34- effectiveness of Milford Housing Development Corporation and Affiliates’ internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Milford Housing Development Corporation and Affiliates’ internal control over compliance. A deficiency in internal control over compliance exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct noncompliance on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a compliance requirement will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance. Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be deficiencies, significant deficiencies or material weaknesses. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses, as defined above. This report is intended solely for the information and use of management, the Board of Directors, others within the entity, the U.S. Department of Housing and Urban Development, the United States Department of Agriculture — Rural Development, and the Delaware State Housing Authority and is not intended to be and should not be used by anyone other than these specified parties. Seaford, Delaware August 6, 2014

MILFORD HOUSING DEVELOPMENT CORPORATION -35- SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED DECEMBER 31, 2013 FEDERAL GRANTOR/PASS- FEDERAL THROUGH GRANTOR/PROGRAM CFDA FEDERAL TITLE NUMBER EXPENDITURES U.S. Department of Agriculture Rural Development Rural} Rental Housing Loans - Section 515 Loans 10.415 $ 8,718, 152 Interest Subsidy 10.415 305,692 Rural Self Help Housing Technical Assistance 10.420 592,675 Rural Rental Assistance Payments 10.427 1,417,419 Total U.S. Department of Agriculture Rural Development 11,033,938 U.S. Department of Housing and Urban Development — Section 8 Rental Assistance 14.182 191,896 Total Federal Expenditures $ 11,225,834 NOTE | — BASIS OF PRESENTATION: The accompanying Schedule of Expenditures of Federal Awards includes the federal expenditure activity of Milford Housing Development Corporation (the Corporation) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of OMB Circular A-133, Audits of States, Local Governments, and Nonprofit Organizations. Some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. The Divisions executed obligations with the United States Department of Agriculture — Rural Development (RD) totaling $10,484,832 at closing. RD requires the Divisions and Limited Partnerships to have annual audits performed in accordance with OMB Circular A-133 since the loan amount exceeds the federal expenditure threshold of $500,000. NOTE 2 —LONG TERM DEBT: USDA — RD: Long-term debt instruments were provided by RD pursuant to its Rural Housing Program under Section 515 of the National Housing Act of 1949 for Academy Apartments, Acorn Acres Apartments, Greenwood Acres Apartments, Park Royal Apartments, Hurd’s Crossing Apartments, and Marshall Manor Apartments. The long-term debt instruments are secured by a mortgage on the real estate, an interest in personal property, and an assignment of income to be derived from the Projects. Information on the long-term debt instruments are as follows:

NOTE 2—LONG TERM DEBT (CONTINUED): Apartments Academy $ Acorn Acres $ Greenwood Acres $ Park Royal $ Carlton Court $ Hurd’s Crossing $ Marshall Manor $ North Lake Village $ TOTAL MILFORD HOUSING DEVELOPMENT CORPORATION - 36 - SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED DECEMBER 31, 2013 Monthly Balance Accrued Total Original Rate* Term Payment Due Interest Due 374,810 9.00% SOY $ 807 $ 194,136 $ 138 $ 194,274 1,052,349 6.75% SOY $ 2,295 1,008,377 1,807 1,010,184 1,435,121 6.50% 50Y $ 3,080 1,214,106 1,548 1,215,654 1,334,985 6.75% 50Y $ 3,844 1,180,367 2,138 1,182,505 1,569,987 7.38% 50Y $ 3,124 1,482,167 2,702 1,484,869 1,002,715 5.75% 50Y $ 2,127 982,554 1,740 984,294 1,000,000 6.00% 50Y §$ 2,123 954,856 1,628 956,484 1,714,865 3.125% SOY $§ 3,067 1,701,589 2,414 1,704,003 $ 8,718,152 $ 14,115_ $ _ 8,732,267 * The amount of interest charged is reduced to 1% by a subsidy provided by RD which reduces the monthly payment. DSHA - HOME: Long-term debt instruments were provided by DSHA pursuant to the HOME program for Acorn Acres Apartments, Hurd’s Crossing Apartments, Marshall Manor Apartments, Milton Landing Apartments, and Milford Transitional Housing. The long-term debt instruments are secured by a mortgage on the real estate, an interest in personal property and an assignment of income to be derived from the Projects. No repayments on the long-term debt instruments are required unless there is available cash flow, as defined in the DSHA Regulatory Agreements. Information on the long-term debt instruments are as follows: Acorn Acres Hurd’s Crossing Marshall Manor Milton Landing Milford Transitional] TOTAL Balance Accrued Total Original Rate Term Due Interest Due 725,000 3% 30Y $ 725,000 $ 211,332 $ 936,332 1,450,000 3% 30 Y 1,450,000 196,379 1,646,379 880,000 3% 30Y 880,000 276,259 1,156,259 746,570 3% 30Y 746,570 338,442 1,085,012 207,462 0% 30Y 207,462 - 207,462 $ 4,009,032. $ 1,022,412 $ 5,031,444

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED DECEMBER 31, 2013 SECTION I - SUMMARY OF AUDITOR’S RESULTS: FINANCIAL STATEMENTS Type of auditor’s report issued: Internal contro] over financial reporting: Significant Deficiency(ies) identified? Significant Deficiency(ies) Identified as Material Weakness(es)? Noncompliance material to consolidated financial statements noted? FEDERAL AWARDS Internal control over major programs: Significant Deficiency(ies) identified? Significant Deficiency(ies) Identified as Material Weakness(es)? Type of auditor’s report issued on compliance for major programs Any audit findings disclosed that are required to be reported in accordance with Circular A-133, Section .510(a)? Identification of major program: CFDA Number Name of Federal Program or Cluster 10.415 U.S. Department of Agriculture Rural Development — Rural Rental Housing 10.420 U.S. Department of Agriculture Rural Development — Rural Self Help Housing Technical Assistance 10.427 U.S, Department of Agriculture Rural Development —Rural Rental Assistance Payments Dollar threshold used to distinguish between Type A and Type B programs Auditee qualified as low-risk auditee? -37- Unqualified No No Unqualified No $300,000 Yes

MILFORD HOUSING DEVELOPMENT CORPORATION AND AFFILIATES SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED DECEMBER 31, 2013 SECTION II - FINANCIAL STATEMENT FINDINGS: None SECTION III - FEDERAL AWARD FINDINGS AND QUESTIONED COSTS: None -38-

STAFF REPORT Milford Housing Development Corp (MHDC) Home Repair Project This project formally under the stewardship of USDA completed emergency home repairs through RC & D, and in November of 2011, the Stewardship of RC & D was transferred to Milford Housing Development Corporation. Since receiving a CDBG grant from the city in 2005, RC & D has completed emergency home repairs on 60 homes in the City of Dover eliminating unsafe housing conditions. The 2015 grant application for MHDC has met all the threshold requirements and will service 100% very low income homeowners in need of emergency home repairs. Their grant request for $40,000 is a realistic amount to complete up to 15 homes. This activity is consistent with Goal 2 of the 2010-2014 Consolidated Plan by preserving the existing housing stock in the City of Dover.

977 East Masten Circle 302-422-8255 phone Milford, DE 19963 MHDC 302-422-8260 fax www, milfordhousing.com AFFORDABLE HOUSING SOLLITIONS: February 5, 2015 RECEIVED Ms. Tracey N. Harvey FEB 9- 2615 City of Dover Planning Department A CITY OF DOVER NOTES PLANNING & INSPECTIONS 15 Loockerman Plaza Dover, DE 19901 RE: City of Dover CDBG Grant Application FY 2015-2019 — Emergency Home Repairs Dear Ms. Harvey, I am pleased to submit the enclosed grant application to the City of Dover for the Community Development Block Grant (CDBG) FY 2015-2019 multi-year program. We are hoping the City of Dover will consider our request in the amount of $40,000 per fiscal year for Emergency Home Repairs. If awarded, all funds will go directly to eliminating housing conditions that pose a threat to health or safety of very-low income homeowners within city limits. On behalf of MHDC’s Board of Director’s and staff, we would like to reiterate our sincere appreciation for the support provided by the City of Dover. Please find enclosed one original and eight copies of the application and the required exhibits. if you have any questions, comments, or require additional information, please do not hesitate to contact either me or Russell Huxtable, MHDC Vice President/COO at 302-422-8255 or via email at vimiller@milfordhousing.com and rhuxtable@milfordhousing.com, respectfully. Development Director Enclosures

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name Milford Housing Development Corporation (MHDC) Address _977 East Masten Circle, Milford, DE 19963 Phone Number __ (302) 422-8255 B. Name, position and signature of person submitting application: Valerie Miller, Development Director Name and position of authorizing official: David Moore, President/CEO C. Name, address and phone number of Contact Person: (If different from B above) Fran Cardaci, Housing Preservation Manager (same address and phone as above) FY 2015 only Activity: Housing Rehab — Emergency Home Repairs Amount Requested: $_40,000.00 Source of Cash Matching Funds $_ 583,500.95 (please see Attachment 5) 1. Low/Moderate-Income Benefit:

LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. 1. In column 1, list the activity and fiscal year through 2019. 2. In column 2, show the total number of persons that the activity will serve. 3. In column 3, show the number of low- and moderate-income persons that the activity will serve. 4. In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. 5. In column 5, show the amount of funds requested for the activity for current fiscal year only. 6. In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. 7. List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 1. Activity 2. Total 3. L/M 4,.% L/M 5. Amount 6. Amount Persons Persons Persons Requested L/M Activity Activity will | Activity will | for Activity Benefit will Serve Serve Serve Rehabilitation: Emergency-related home repairs of 15-45 single-family Persons residential for owner-occupancy Source of Data: MHDC’s Home Repair Project maintains a database of clients whose homes have been approved for repairs within the City of Dover CDBG program guidelines. Clients provide proof of household income and homeownership. Additionally, the City of Dover refers qualifying households to the project on an ongoing basis. Income limits are defined by the U.S. Department of Housing and Urban Development (HUD).

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Russell Huxtable Vice President/COO Fran Cardaci Housing Preservation Manager Gary Saroukous Field Coordinator B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. The highest priority for this project is to provide rehabilitation activities and specifically, emergency-related home repairs of single- family residential for owner-occupied housing units found to be in violation of the City of Dover’s Housing Code. This is the highest priority activity for this application. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. Program activity is ‘Rehabilitation: Emergency-related home repairs of single-family residential for owner-occupancy’. This activity is fully described as home repairs that eliminate housing conditions

which threaten the health and/or safety of qualified City of Dover homeowners. The objective is to reduce the number of City of Dover households living in substandard and/or dangerous housing conditions. The goal of the activity is to preserve the City’s existing housing stock, as detailed in Dover’s Consolidated Annual Action Plan (FY2013). The total number of units to be rehabilitated/repaired is 15 minimum, per year of grant funding period. Total number of units to be repaired during all three years of the grant period is 45. Households must be very-low to low-income as defined by the U.S. Department of Housing and Urban Development (HUD). Households served must be 50 percent and below Area Median Income (AMD) as defined by HUD. Housing type is homeownership units. Clients must provide proof that they own the home in order to qualify for repairs. Target area is defined as the geographic city limits for the City of Dover. The project is city-wide and will focus on preserving the existing housing stock in the City. Repairs traditionally average $2,500 per home, with low points around $500 and higher points costing roughly $7,500 for more substantial repairs such as roof repairs or hot water heaters. The need for home repairs is based on: 1) Overwhelming demand for such services as received daily from the City of Dover by residents; 2) Rising numbers of cost-burdened households, as it relates to housing costs; and 3) Rising number of elderly residents and persons with disabilities facing diverse and critical housing needs. Sources include: City of Dover and the Delaware State Housing Authority. As Delaware’s housing stock has continued to age, along with an aging population, home maintenance and repair is a growing concern. HRP is the only program in Delaware that provides this service at no cost to the individual. Further, it is one of the few programs in Delaware that also works on mobile homes. Mobile homes are technically classified as a motor vehicle, but represent nearly 10 percent of all housing units in Delaware (DSHA, 2013). In 23 years, over 4,500 families in Delaware have been helped through HRP with volunteers donating over 200,000 hours of labor to the cause. Provide a timetable showing monthly milestones for completion of each activity. Within each fiscal year of this application, MHDC expects to complete

a minimum of 15 home repairs for qualified City of Dover homeowners who are very-low to low-income. MHDC expects to complete 4-5 repairs per quarter, each year. The repair activities will be focused on eliminating conditions of an immediate health or safety hazard to the homes’ occupants. Over the years, typical repairs included: replacement of furnaces, electrical repairs, plumbing repairs, construction of entrance steps and wheelchair ramps, modifying bathrooms for safety and accessibility, replacement of broken windows, roof repairs or replacements, and the installation of hardwired smoke/co detectors. Repair activities will meet City of Dover code regulations. Contractors will complete code-work and skilled volunteers may be enlisted to complete carpentry type repairs. Attach drawings, plans or other documentation necessary to describe program activities. N/A Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. Activities carried out support the overall goals of the City of Dover’s Consolidated Plan and its priorities on housing issues. Goal 3 of the 2010-2014 Consolidated Plan is to preserve the existing housing stock in the City of Dover. Home repair activity is consistent with this goal. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. The proposed program address the City of Dover’s second priority of addressing housing needs. Improving the quality of existing housing stock will address this need by bringing the units up to code requirements. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. Annually this project is funded for the City of Dover to administer. Each year the city reaches its goal by providing safe sanitary housing to low to moderate income persons and making the neighborhoods more desirable to live in. Currently, the City of Dover has reached out to MHDC in search of possible partnership for service delivery.

e MHDC’s Home Repair Project has consistently been funded by the City of Dover for many years. Since FY06, over 70 homes within the City of Dover, have received repairs through the CDBG sub-recipient grant funding through the project. e Award dates and amounts include: FY2006 - $25,000 FY2007 - $25,000 FY2008 - $25,000 FY2009 - $25,000 FY2010 - $35,000 FY2011 - $40,000 FY2012 - $35,000 (Emergency Home Repairs) $52,782 (Housing Rehabilitation) FY2013 - $40,000 (Emergency Home Repairs) $35,658 (Housing Rehabilitation) e The project has consistently performed well and met all monitoring requirements of the City during these funding periods. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. e Please see Attachment 5. 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. e The proposed project does not involve efforts to coordinate with businesses regarding the development of community. 6. Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $ 35,658 (Housing Rehab) and $40,000 (Emergency Home Repairs) during FY2013.

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment Decent Housing Economic Opportunity b Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility X Affordability Sustainability Please provide a proposed outcome based on the information below that applies to your activity MHDC’s Home Repair Project defines the projected outcome as the removal of a housing condition that qualifies as hazardous or unhealthy and is in immediate need. During each fiscal year of the grant funding period, MHDC will complete a minimum of 15 home repairs for very-low to low-income households within Dover city limits. In sum, the Home Repair Project’s goal is to complete a minimum of 100 emergency home repairs throughout the state of Delaware in 2015. MHDC is requesting that a maximum cap of $7,500 be used for home repairs. Most homeowners do not need this full amount of funding, but on occasion the homeowner may need a new roof or furnace which cost more than the $5,000 per home the Project had been using in the past with City of Dover CBDG. The repair activities will be focused on eliminating conditions of an immediate health or safety hazard to the homes’ occupants. Over the years, typical repairs included: replacement of furnaces, electrical repairs, plumbing repairs, construction of entrance steps and wheelchair ramps, modifying bathrooms for safety and accessibility, replacement of broken windows, roof repairs or replacements, and the installation of hardwired smoke/co detectors. If granted, MHDC’s Home Repair Project will complete at least 15 home repairs, 100% of those units will meet the City of Dover’s Housing Code, 100% of repaired units will have immediate threats to safety and/or health eliminated, and no homeowner served will be forced to relocate. Indicators for measurement include: Housing inspections, Certificates of Occupancy, client satisfaction surveys, client case files, interviews, program budget, financial records, organization records and program records.

Number of persons, households, units, or beds assisted as appropriate __ Minimum of 15 households. Income level of persons or households by: Very Low ___ 60 % Low__ 40 % Moderate % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. e Target area is Dover city limits. Nearly all those served will be low-income households, set by HUD. Minimum of 15 households to be served. Number of persons will vary by household, but using the Delaware average household size of 2.58, according to the U.S. Census Bureau’s American Community Survey 5-Year Estimates (2006-2010), it is estimated that approximately 40 persons will be served within FY2015, 60 percent of which will be very-low income. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.

i ASFORDABLE HOUSING SOLUTIONS City of Dover CDBG Application FY 2015-2019 Attachment Table of Contents Exhibit 1: Exhibit 2: Exhibit 3: Exhibit 4: Exhibit 5: Exhibit 6: Mission & Background Board of Directors Staff Resumes Demographic & Statistical Report Funding Sources Most Recent Audit

AFFORDABLE HOUSING SOLUTIONS Mission & Background

Milford Housing Development Corporation A Nonprofit Affordable Housing Developer AFFORDABLE HOUSING SOLUTIONS Far ine Milford Housing Development Corporation (MHDC) is a value-driven, nonprofit, affordable housing developer, headquartered in Milford, DE. Our mission is to provide decent, safe, and affordable housing solutions to people of modest means. MHDC was founded in 1977 by a group of concerned local citizens who saw a need for housing in the community. Like other nonprofits, the agency was led only by volunteers, and a dedicated Board of Directors for many years. In 1994, the agency hired its first employee and growth quickly began. Within three years, MHDC had completed its first affordable, senior rental complex. During this same time, MHDC became the first and only Delaware-recipient of the Self-Help Housing Program award from the U.S. Department of Agriculture’s Rural Development (USDA RD). Since then, MHDC has grown into Delaware’s leading nonprofit provider of affordable housing. Milford Housing Development Corp. ~~ 977 East Masten Circle Milford, DE 19963

i MHDC AFFORDABLE HOUSING SOLUTIONS: Milford Housing Development Corporation Programs & Services MHDC has become a leader in Delaware's affordable housing by offering a continuum of services, including: We believe providing these services meets the needs of our communities, fulfills our mission, and promotes community stabilization. Self-Help Housing Program —- MHDC's premier homeownership program is offered as an alternative path to homeownership. Working in small groups of families, participants help build one another's homes during a year-long construction process. Families average roughly $32,000 in sweat equity per home. To date, over 185 affordable homes have been developed through the program; Home Repair Project (HRP) - MHDC became stewards of this well-known, high- performing program in the fall of 2011. In 2013, over 150 emergency home repairs were completed with volunteers donating over 5,000 hours of labor; Financial Fitness Program - designed to help lower income households build assets, escape poverty, and build a financially stable life. MHDC's qualified staff has been provided financial literacy training to over 200 households in the past five years; Home Ownership Preservation Program - MHDC prevents existing affordable housing units from becoming substandard, by acquiring vacant, foreclosed homes, rehabilitating them, and bringing them up to code. Funding is secured and packaged by MHDC staff through loans and grants; New Construction, Single-Family Housing Program - Provides conventional homeownership programs where participants design homes based on individual choice. MHDC completes all phases of the construction; Multi-Family Rental Program - MHDC also provides management services to over 2,000 affordable rental units in Delaware. MHDC owns 11 affordable rental complexes, consisting of 336 units for families and seniors at or below 80 percent Area Median Income (AMI). East Coast Property Management (ECPM), the property management company owned by MHDC; & Transitional Housing - MHDC owns and operates seven units of transitional housing for families experiencing undue hardships or women and children who are victims of domestic violence. Rent is income restricted and is based on a small percentage of each family’s household income. aye = Milford Housing Development Corp. =. 977 East Masten Circle I MHDC Milford, DE 19963 Programs & Services

yaw. Milford Housing Development Corporation MHDC AFFORDABLE HOUSING SOLUTIONS Previous Affordable Housing Experience MHDC's first housing effort began in 1977 with the development of Academy Apartments in Milford, DE. The project was funded though a Farmers Home Administration (FHA) Section 515 loan. Four years later, MHDC utilized Community Development Block Grant (CDBG) funds, through the Delaware State Housing Authority (DSHA), to secure land for Lucas Circle, a 12-lot subdivision for single-family homes. Homes were built under the FHA Section 502 Homeownership Loan Program. From the mid- to late 80s, MHDC focused work with the town of Milford and local churches to revitalize north Milford, predominately a minority area at the time. Since 1990, MHDC developed many affordable housing units including: 1995 - Colony West, Milford, DE. (20 affordable rental units in partnership with Interfaith Housing); 1996 - Scattered Site Transitional Housing (3-units, construction financed through DSHA's HOME Program); 1997 - Greenwood Acres, Greenwood, DE. (28 affordable rental units financed through U.S. Department of Agriculture Rural Development(USDA RD); 1997 - Carriage Place, Georgetown, DE. (Self-Help Housing Program award for 16 single-family homes for individuals 80 percent and below Area Median Income (AMI), funded through USDA RD; 1998 — Milton Landing, Milton, DE. (48 affordable rental units, financed through the DSHA’s Low-Income Housing Tax Credit Program (LIHTC); 2000 — Cedar Creek Landing, Lincoln, DE. (Self-Help Housing Program award for 62 single-family homes for individuals 80 percent and below Area Median Income (AMI), funded through USDA Rural Development); 2000 — Park Royal, Milton, DE. (32 affordable rental units, financed through DSHA 2001 — Marshall Manor, Milton, DE. (36 affordable rental units for seniors, financed through DSHA’s LIHTC and USDA Rural Development); 2008 — Hurd’s Crossing, Felton, DE. (36 affordable rental units for seniors, financed through DSHA’s LIHTC and USDA Rural Development); 2009 — Acorn Acres, Georgetown, DE. (24 affordable rental units for families. MHDC acquired the property from Interfaith Mission of Sussex County. Financed through USDA and DSHA); and 2013 - North Lake Village Apartments, Middletown, DE. (52 affordable rental units for families. This LIHTC was acquired and rehabilitated, with financing through DSHA). Milford, DE 19963 Previous Affordable Housing Experience . Milford Housing Development Corp. 977 East Masten Circle

Board of Directors

Yow. Milford Housing Development Corporation MHDC Board of Directors - 2015 AFFORDABLE HOUSING SOLUTIONS Board of Directors MHDC's activities are governed by a well-respected Board of Directors. Our board represents a cross- sectionofthecommunitiesweserveandareabletolendinsightanddirectionforourhousingactivities. * Matthew T. Parks, Board Chairperson — Currently employed as the Community Reinvestment Act (CRA) Officer at Discover Bank, Greenwood, DE; ° Thomas Houlihan, Vice Chair — Currently employed as the Head of Commercial and Community Development Lending at Capital One, Wilmington, DE; « June Barto, Board Member - Currently retired. Previously employed as the Secretary to the Milford City Council and as a Teacher's Assistant at Milford School District both located in Milford, DE; ¢ Margaret (Peggy) Gallego, Board Member - Currently retired. Previously employed as a Radiology Assistant at Milford Memorial Hospital, Milford, DE; « Joseph R. Herbert, Board Member - Currently employed as the Managing Director for Bank of America Public Capital Corporation & Merrill Lynch, Pierce, Fenner & Smith Inc; ° Rev. James M. Holt, Board Member - Currently retired. Previously served as Senior Pastor of Mt. Enon Baptist Church, Milford, DE. Previously served in the US. Air Force as a Chief Master Sergeant until his retirement in 1983; * Timothy Riley, Board Member - Currently employed by the Kent Conservation District, Dover, DE; + Linda Rogers, Board Member — Currently retired. Previously employed as the President of Milford Jaycees, Milford, DE; ¢ Harold Truxon, Board Member - Currently working part-time as a Greeter at Wal-Mart. Previously a local restaurant owner in Ellendale, DE. \ Milford Housing Development Corp. Masten Circle

Staff Resumes

—_ AFFORDABLE HOUSING SOLUTIONS: MHDC Staff & Experience - Home Repairs & Housing Rehabilitation Home Repair Project (HRP) key staff members include: e Frances Cardaci, Preservation Manager. Ms. Cardaci has been working with the Project since June, 2010. She works with large volunteer groups on selected sites and has full Field Coordinator responsibilities, including major responsibilities with the expanding Wilmington Initiative. Fran retired from the USAF following a career that included flying as a C- 5 Instructor Flight Engineer at Dover AFB and as an Instructor Weapons Director aboard AWACS aircraft at Tinker AFB in Oklahoma. She served as Chief of Operations Group Readiness in the 552 Air Control Wing at Tinker, responsible for the deployment preparedness of 2000 airmen in five squadrons. She received a Bachelor’s degree in Business Management from Wilmington College in Delaware in 1990 and an MBA from Oklahoma City University in Oklahoma City in 1996. She completed the Non-Profit Management Certificate Course at the University of Delaware in May 2011. Fran also worked in business valuation, tax preparation and home building, and has owned several small businesses in Sussex County. e Gary Saroukos, Field Coordinator. After spending years as volunteer for the Home Repair Project (HRP), Gary retired from Capital School District where he was a carpentry instructor for over 20 years and was hired as the HRP Field Coordinator in the fall of 2013. He brings over 15 years contracting experience as former owner of G.M. Saroukos General Contractors, Inc. In addition, Gary has an Associates’ degree in Construction Management, a Bachelors’ degree in Vocational Education from Delaware State University, and a Masters of Educational Leadership from the University of Delaware. e Walter Ottinger, Preservation Supervisor, Mr. Ottinger, a former housing repair contractor and mobile home repair guru formerly employed by Brass Sales in Felton. Walter has transitioned from Field Coordinator to Construction Supervisor duties this year. He and his Kent County SCSEP perform a variety of approved home repairs in Kent County. He works closely with Ms. Cardaci coordinating client repairs and assessing the emergency conditions. He provides guidance and assistance to volunteer groups on Make A Difference Day and a variety of youth WorkCamps over the years. He has worked for Brass Sales, Inc, has been a foreman for Beracah Homes, and most recently has had his own repair company, Womott Home Improvement. e Deborah White, Intake Coordinator, Ms. White is the first point of contact for potential HRP participants. Her prior employment in the building trades helps provide us a keen insight of work being requested as she conducts telephone intake interviews. During the phone intake, she often is able to determine the nature and extent of true emergency conditions and quickly coordinates contractor or other support as necessary. Ms. White processes client applications and maintains client and volunteer files. e Oversight Committees in Kent and Sussex Counties - The RC&D Council originally created citizens' Oversight Committees, which MHDC has kept in place. The role of the Oversight Committees is to determine potential program participant's eligibility and to assess the emergency nature of the repair work requested. The five to seven member committees represent the ethnic, professional and economic diversity of the county's population and community leaders. Presently, representatives include educators, ministers, county community development staff, former program participants, social service agency representatives, persons with physical disabilities, persons of diverse ethnic and racial backgrounds, community leaders and citizens at large.

Kent Oversight Committee Members: - Marion Boon (Tax Specialist; Retired; committee member since 1993) - Tracy Harvey (Community Development , City of Dover) - Ray Hunt (formerly with Independent Resources, Inc.) - Rod Smith (Community Development Specialist, Kent County CDBG program) - Albert Biddle (CDBG Program Director, Kent Planning Department) - Karen Young (Retired Dean of Students, Wesley College; CASA program) - Helen Curry (advisory capacity. USDA Rural Development) - Dwayne Powell (Community Specialist, First State Community Action Agency) - Alton Smith (retired educator, Wilmington, RC&D Council Member) - Alma Smith (retired banker, Wilmington, RC&D Council Member) Sussex Oversight Committee Members: - Harold Truxon (retired businessman; community leader) - Minnie Smith-Burton (retired teacher; community leader in West Rehoboth; FSCAA Board) - Dale McDowell (CDBG program staff, Sussex County Development Office) - Reverend Charles Dennis (Pastor, Ellendale) - Tom McCormick (Southeast Sussex Ministerium, Volunteer coordinator) - Karen Bowden (Salisbury State University; Resident of Georgetown; RC&D volunteer) - Tom McCormick (retired; Southeast Sussex Ministerium, Volunteer Coordinator) - William Richardson (Retired) - Herbert Sheetz (retired contractor) also a group volunteer leader in Sussex County - William Richardson (retired contractor) also group volunteer leader is Sussex County David W. Moore, MHDC President/CEO. Much of MHDC’s success has resulted from the expertise brought forth by President/CEO David Moore and Vice/President/COO Russell Huxtable. As President/CEO, Mr. Moore has 24 years management experience, 22 years nonprofit housing experience, 29 years residential construction experience, 22 years Self-Help Housing experience, an Associate’s degree in Construction Management, and a Bachelor’s degree in Business Management. He is a current board member of the National Rural Housing Coalition and past president of the National Rural Self-Help Housing Association. In 2008, Mr. Moore was the recipient of the Arts & Humanity Award from Delaware Technical & Community College in Georgetown. Most recently, he was again honored by the Delaware Chapter of the National Association of Housing and Redevelopment Officials (DE- NAHRO) with their 2013 Ambassadors Award. Russell Huxtable, MHDC Vice President/C0O. Vice President/COO Russell Huxtable has 13 years management experience, 15 years nonprofit housing experience, 13 years Self-Help Housing experience, and a Bachelor’s degree in Political Science. He is President of National Rural Self-Help Housing Association and an appointee to the State of Delaware Council on Housing. Under their leadership, MHDC was transformed from a small, relatively unknown nonprofit to one with currently over $32 million in assets. MHDC is not the average and is as equally proud to say so. MHDC has a strong organizational ability to successfully plan, market, and manage the Home Repair Project (HRP). Likewise, HRP has a documented history of success. In the 23 years HRP has been operating, over 4,500 families have been helped with nearly 210,000 hours of volunteer labor were donated by individuals and community groups to assist in these achievements. The Project repaired holes in floors, ceilings, walls, and roofs; built entrance ramps for disabled or elderly homeowners; repaired or replaced windows, doors, and locks; repaired or replaced furnaces and wells; and performed electrical and plumbing repairs. Skilled licensed professionals were contracted to complete repairs that require "code" work.

AFFORDABLE HOUSING SOLUTIONS Demographics & Statistics

2:03 PM 02/045 Accrual Basis o yer be a Altaband, Lorraine Bill Paycheck Paycheck Paycheck Paycheck Bilt Paycheck Paycheck Paycheck Paycheck Deposit Total Allaband, Lorraine Bramble, William. Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Bill Bil Bill Bill Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Bil Bill Bilt Bill Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck 01/16/2014 01/31/2014 01/31/2014 01/31/2014 01/31/2014 02/05/2014 05/09/2014 05/09/2014 05/09/2014 05/09/2014 05/12/2014 08/16/2013. 08/16/2013 08/16/2013 08/18/2013 08/46/2013 08/46/2013 08/16/2013 08/16/2013 08/21/2013 08/21/2013 08/21/2013 08/29/2013 08/30/2013 08/30/2013 08/30/2013 98/30/2013 08/30/2013 08/30/2013 08/30/2013 08/30/2013, 09/04/2013 09/04/2013 09/04/2013 09/11/2013 09/13/2013 09/13/2013 09/13/2013 09/13/2013 09/13/2013 09/13/2013 09/13/2013 Num 775706 Milea... 766907 766907 766907 0274... 0274... 002017 767797 Milford Housing Development Corporation Income by Customer Detail July 2013 through June 2014 Source Name Memo Account Class Amount Balance Brass Sales CO, INC. replace fuma... 8- HVAC City of Dover-HRP... +1,617.96 -1,617.96. Garry M Saroukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -37.36 -1,655.32 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -2.32 -1,687.64 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -0.54 -1,658.18 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 1,658.18 Garry Saroukos 24 - Mileage City of Dover-HRP... -1.68 ~1,659.86 Garry M Saroukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -37.36 -1,697.22 Garry M Saroukos. Direct Deposit 6561 - Benefits City of Daver-HRP... -2.32 -1,699.54 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -0.54 -1,700.08 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -1,700.08 Allaband, Lor... City of Dover City of Dover-HRP... 1,659.86 40.22 ~40.22 40.22 Gary J Johnson Direct Deposit 6560 - PayrollExpe... City of Dover-HRP... -70.00 -70.00 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... AAT -T4 A? Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -0,97 -78.14 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 3.43 -78.57 Walter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -7114.32 -789.89 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 42.94 -832.83 Walter G Ottinger Direct Deposit 6561 - Benefits Gity of Dover-HRP.... -10.04 ~842.87 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -842.87 Brass Sales CO, INC. Windows 4-Windows and D... City of Dover-HRP... -239.97 1,082.84 Brass Sales CO, INC. Hex screws 4-Windows andD... City of Dover-HRP... -18.99 -1,101.83 Brass Sales CO, INC. Putty tape 4+ Windows and D... City of Dover-HRP... +7.98 -1,109.81 KB's Plumbing, Inc. Clear drain li... 7 - Plumbing City of Dover-HRP... -480.50 -1,590.31 Gary J Johnson Direct Deposit 6560- Payroll Expe... City of Dover-HRP... -220.00 -1,810.31 Gary J Jehnson Direct Deposit 6561 - Benefits City of Dover-HRP... “13.11 +1,823.42 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -3.07 ~1,826.49 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -10.78 -1,837.27 Walter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -341.43 -2,178.70 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -20.61 -2,199.34 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 4.82 -2,204.13 Walter G Ottinger Direct Deposit 6561 - Benefits Gity of Dover-HRP... 0.00 2,204.13 Lowe's Lumber ford... 5 - Exterior Finish City of Dover-HRP... -262.01 -2,466.14 Lowe's Sawhorses 3 - Framing City of Dover-HRP... -34.18 -2,500.32 Lowe's Lumber & car... 3 - Framing City of Dover-HRP... -16.30 -2,516.62 Brass Saies CO, INC. Materialstor.... 7» Plumbing Gity of Dover-HRP... 13.42 2,530.04 Gary J Johnson Direct Deposit 6560: PayrollExpe... City of Dover-HRP... -185.00 -2,715.04 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 10.94 +2,725.98 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -2.56 -2,728.54 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -9.06 -2,737.60 Walter G Ottinger Direct Deposit 6560 - PayrollExpe... City of Dover-HRP... -189.69 -2,927.29 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... ~17.45 -2,938.74 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 2.68 2,941.42 Page 1

2:03 PM 02/04/15 Accrual Basis scare Paycheck Deposit Total Bramble, William Brooks, Ann Bill Deposit Total Brooks, Ann v Brumbaugh, Shenoa A) . Bill ~ ¥ Paycheck Paycheck t ” Paycheck Paycheck uf Paycheck x Paycheck Paycheck Paycheck Check Deposit Bill Date 09/13/2013 12/21/2013 05/09/2014 06/16/2014 10/09/2013. 01/47/2014 01/97/2014 01/17/2014 01/17/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/26/2014 03/07/2074 04/28/2074 Total Brumbaugh, Shenoa Conyers-Williams, Jacqueline \ Paycheck rs Paycheck Ng Paycheck Paycheck PAN Bill Bill Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Deposit 10/41/2013 40/41/2013 10/11/2013 10/11/2013 12/20/2013 12/20/2013 01/03/2014 01/03/2014 01/03/2014 01/03/2014 01/03/2014 01/03/2014 01/03/2014 01/03/2014 03/07/2014 Total Conyers-Williams, Jacqueline Num 6891 6758 1443 7948 Milford Housing Development Corporation Income by Customer Detail July 2013 through June 2014 Source Name Memo Account Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover City of Dover COMFORT AIR, LLC Estimate rep... 8 - HVAC Ann Brooks City of Dover COMFORT AIR, LLC Repairfeaka.. 8- HVAC Garry M Saroukes Direct Deposit 6560 - Payroll Expe... Garry M Saroukos Direct Deposit 6561 - Benefits Gary M Saroukos Direct Deposit 6561 - Benefits Garry M Saroukes Direct Deposit 6561 - Benefits Garry M Saroukos Direct Deposit 6560 - Payroll Expe... Garry M Saroukos Direct Deposit 6561 - Benefits Garry M Saroukos Direct Deposit 6561 - Benefits Garry M Saroukos Direct Deposit 6561 - Benefits Garry Saroukos Mileage Rei... 24 - Mileage Brumbaugh City of Dover DeVary Electric, Inc. Troubleshoot... 6° Electrical Frances M Cardaci Direct Deposit 6560 - Payroll Expe... Frances M Cardaci Direct Deposit 6561 - Benefits Frances M Cardaci Direct Deposit 6561 - Benefits Frances M Cardaci Direct Deposit 6561 - Benefits Lowe's Lumber & har... 5 - Exterior Finish Lowe's Closer & mis... 4 - Windows and D... Gary J Johnson Direct Deposit 6560 - Payroll Expe... Gary J Johnson Direct Deposit 6561 - Benefits Gary J Johnson Direct Deposit 6561 - Benefits Gary J Johnson Direct Deposit 6561 - Benefits Walter G Ottinger Direct Deposit 6560 - Payroll Expe... Walter G Ottinger Direct Deposit 6561 - Benefits Waiter G Ottinger Direct Deposit 6561 - Benefits Walter G Ottinger Direct Deposit 6561 - Benefits Conyers-Willi... City of Dover Class City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... City of Dover-HRP... Amount Balance 0.00 -2,941.42 2,941.42 0.00 9.00 0.00 ~3,300.00 3,300.00 3,300.00 0.00 0.00 0.00 ~488.90 ~488.90 -28,02 -516.92 1.74 -518.66 0.41 -519.07 0.00 -519.07 -84.06 £03.13 6.21 608.34 1.22 609.56 9.00 -609.56 448 614.04 488.90 125,14 ~405.51 -530.65 -530.65 530.65 ~19.67 -19.67 -1.22 -20.89 -0.29 -21.18 9.00 -24.18 -113.31 ~134,.49 -22.83 -157.32 -153.75 -311.07 9.16 -320.23 2,14 322,37 -7.54 -329.91 462.31 ~792.22 -26.39 -817.61 6.95 -823,56 -22.65 846.21 846.21 0.00 0.00 0.00 Page 2

2:03 PM Milford Housing Development Corporation 0204/15 Income by Customer Detail Accrual Basis July 2013 through June 2014 : Type a Date Num Source Name Memo. Account Class Amount Balance \ Cooper, Crystal —*% . Bill 10/09/2013 26180 KB's Plumbing, Inc. repair waters... 7+ Plumbing City of Dover-HRP... -188.00 -188.00 Paycheck 10/11/2013 Frances M Cardaci Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -19.67 -207.67 N Paycheck 10/11/2013 Frances M Cardaci Direct Deposit 6561 - Benefits City of Dover-HRP... +1.22 -208.89 Paycheck 10/14/2013 Frances M Cardaci Direct Deposit 6561 - Benefits. City of Dover-HRP... ~0.29 -209.18 y Paycheck 10/11/2013 Frances M Cardaci Direct Deposit 6561 - Benefits City of Dover-HRP... 0.06 -209.18 ( y Paycheck 03/14/2014 Walter G Ottinger Direct Deposit 6560 - PayrollExpe... City of Dover-HRP... -265.26 474.44 Paycheck 03/14/2014 Walter G Ottinger Direct Deposit 6861 - Benefits City of Dover-HRP.... “14.57 489.01 Paycheck 03/14/2014 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -3.441 492.42 Paycheck 03/14/2014 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 ~492.42 Bill 03/24/2014 0176... Lowe’s front storm d.... 4+ Windows and D... City of Dover-HRP... -89.30 -581.72 Bill 03/24/2014 0176... Lowe's Lumber, tile ... 3+ Framing City of Dover-HRP... -340.84 -922.56 Bill 03/24/2014 TO00... Brass SalesCO,INC. Toilet supply... 7 - Plumbing City of Dover-HRP... -32.03 ~954.59 Paycheck 03/28/2014 Gary J Johnson Direct Deposit 6560 - PayroliExpe... City of Dover-HRP... $79.19 1,433.78 Paycheck 03/28/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 28.50 1,462.28 Paycheck 03/28/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 6.66 -1,468.94 Paycheck 03/28/2014 Gary J Johnson Direct Deposit 5561 - Benefits City of Dover-HRP... G.00 -1,468.94 Paycheck 03/28/2014 Walter G Ottinger Direct Depesit 6560 - Payroll Expe... City of Dover-HRP... -998.58 -2,467.62 Paycheck 03/28/2614 Waiter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... ~54.84 -2,522.46 Paycheck 03/28/2014 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -12.82 -2,535.28 Paycheck 03/28/2014 Walter G Ottinger Direct Deposit 6561 - Benefits. City of Dover-HRP... 0.00 -2,535.28 Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... ~18.68 -2,553.96 Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -1.16 -2,555.12 Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits Gity of Dover-HRP... ~0.27 -2,555.39 Paycheck 03/28/2014 Garry M Saroukes Direct Deposit 6561 - Benefits City of Dover-HRP... 6.00 -2,555.39 Paycheck 04/11/2014 Walter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -55.04 ~2,610.43, Paycheck 04/11/2014 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 3.02 2,613.45 Paycheck 04/11/2014 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 0.71 2,614.16 Paycheck 04/41/2014 Walter G Ottinger Direct Depasit 6561 - Benefits City of Dover-HRP.., 0.00 -2,614.16 Paycheck 04/11/2014 Gary J Johnson Direct Deposit 6560: PayroliExpe... City of Dover-HRP... 71.75 -2,685.91 Paycheck 04/11/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 4.25 -2,690.16 Paycheck 04/11/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP.,. -0.99 -2,691.15 Paycheck 04/11/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -2,691.15 Paycheck 04/11/2014 Garry M Saroukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -74.73 -2,765,88 Paycheck 04/17/2014 Garry M Saroukos Direct Deposit 6567 - Benefits City of Dover-HRP... 4.63 2,770.51 Paycheck 04/11/2014 Garry M Saroukos Direct Deposit 656% - Benefits City of Dover-HRP... -1,08 -2,771.59 Paycheck 04/11/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0,00 Deposit 05/42/2014. Cooper, Crystal City of Dover City of Dover-HRP... 2,771.59 Tatal Cooper, Crystal 0.00 Detrick, Caro! Bil 04/01/2014 12261 Ken Wendler, inc Replace furn... 8-HVAC City of Dover-HRP... 3,900.00 3,900.00 Deposit 05/12/2014 Detrick, Carol City of Dover Gity of Dover-HRP... 3,900.00 0.00 Total Detrick, Carol 0.00 9.06 ¥ Page 3

Milford Housing Development Corporation Income by Customer Detail July 2013 through June 2014 2:03 PM 02/0415 Accrual Basis Type Date Num Source Name Dykes, Richard Bill 12/04/2013 12149 Ken Wendler, Inc Paycheck 01/17/2014 Garry M Saroukos Paycheck 01/17/2014 Garry M Saroukos Paycheck 01/17/2014 Garry M Saroukos Paycheck 01/17/2014 Garry M Saroukos Bill 01/29/2014 reimb... Garry Saroukos. Paycheck 01/31/2054 Garry M Saroukos Paycheck 01/34/2014 Garry M Saroukos Paycheck 01/31/2014 Garry M Saroukos Paycheck 01/31/2014 Garry M Saroukos Bill 02/05/2014 Milea... Garry Saroukos Paycheck 02/14/2014 Garry M Saroukos. Paycheck 02/14/2014 Gary M Saroukos Paycheck 02/14/2014 Garry M Saroukos Paycheck 02/14/2014 Garry M Saroukos. Paycheck 02/28/2014 Waiter G Cttinger Paycheck 02/28/2014 Walter G Ottinger Paycheck 02/28/2014 Waiter G Ottinger Paycheck 02/28/2014 Walter G Ottinger Paycheck 02/28/2014 Gary J Johnsen Paycheck 02/28/2014 Gary J Johnson Paycheck 02/28/2014 Gary J Johnson Paycheck 02/28/2014 Gary J Johnson Paycheck 02/28/2014 Garry M Saroukos Paycheck 02/28/2014 Garry M Saroukos Paycheck 02/28/2014 Garry M Saroukos Paycheck 02/28/2014 Garry M Saroukos Bill 03/05/2014 24424 Lowe's Bill 03/05/2014 €081... Wyoming Millwork ... Bill 03/05/2014 C081... Wyoming Millwork ... Bill 03/05/2014 0814... Wyoming Millwork ... Credit 03/05/2014 «0816... | Wyoming Millwork ... Bill 03/05/2014 7915 DeVary Electric, inc. Deposit 03/07/2014 Paycheck 03/14/2014 Walter G Ottinger Paycheck 03/14/2014 Walter G Ottinger Paycheck 03/14/2014 Walter G Ottinger Paycheck 03/14/2014 Walter G Ottinger Paycheck 03/14/2014 Garry M Saroukos Paycheck 03/14/2014 Garry M Saroukos Paycheck 03/14/2014 Garry M Saroukos Paycheck 03/14/2014 Garry M Saroukos Paycheck 03/28/2014 Garry M Saroukos Paycheck 03/28/2014 Garry M Saroukos Paycheck 03/28/2014 Garry M Saroukos Memo Account Class Amount Balance replace gasf.. 8-HVAC City of Dover-HRP... -2,700.00 -2,700.00 Direct Deposit 6560 - Payroll Expe... City of Daver-HRP... -186.81 -2,886.81 Direct Deposit 6561 - Benefits City of Dover-HRP... -11.58 -2,898.39 Direct Deposit 6561 - Benefits City of Dover-HRP... -2.71 -2,901.10 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 2,901.10 Ramp buildin... 3+ Framing City of Dover-HRP... -33.00 -2,934.10 Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... ~56.04 -2,990.14 Direct Deposit 6561 - Benefits City of Dover-HRP... “3.47 -2,993.61 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.81 -2,994.42 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -2,994.42 24 - Mileage City of Dover-HRP... -7.00 -3,001.42 Direct Deposit 6560- PayrollExpe.. City of Dover-HRP... -84.06 -3,085.48 Direct Deposit 6561 - Benefits City of Dover-HRP... -5.21 -3,090.69 Direct Deposit 6561 - Benefits City of Dover-HRP... 4.22 -3,091.91 Direct Deposit 6561 - Benefits City of Dover-HRI 0.00 -3,091.91 Direct Deposit 6560 - PayroliExpe... City of Dover-HR' -99.64 -3,191.55 Direct Deposit 6561 - Benefits City of Dover-HRP... -5.47 -3,197.02 Direct Deposit 6561 - Benefits City of Dover-HRP... -1,28 -3,198.30 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.60 -3,198.30 Direct Deposit 6560- Payroll Expe... City of Dover-HRP... -71.75 -3,270.05 Direct Deposit 6561 - Benefits Gity of Dover-HRP... 4.27 -3,274.32 Direct Deposit 6561 - Benefits City of Dover-HRP... -1.00 -3,275.32 Direct Deposit 6661 - Benefits City of Dover-HRP... 0.00 -3,275.32 Direct Deposit 6560 - PayroltExpe... City of Dover-HRP-.. 438.96 -3,714,28 Direct Deposit 6561 - Benefits City of Dover-HRP... -27.23 -3,741.51 Direct Deposit 6561 - Benefits City of Dover-HRP... 6.37 -3,747.88 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -3,747.88 Plywood, sta... 5 - Exterior Finish City of Dover-HRP... -139.03 -3,886.91 Galvanized n... 5 - Exterior Finish City of Dover-HRP... 85.92 ~3,972.83 Vinyl cap and... 5 - Exterior Finish City of Dover-HRP... -20.12 -3,992.95 Deck materials 3 - Framing City of Dover-HRP... -1,645.64 5,638.59 return baluster 5 - Exterior Finish City of Dover-HRP... 117.41 -§,521.18 installnewo... 6 - Electrical City of Dover-HRP... 415,58 5,936.76 Dykes, Richard City of Dover City of Dover-HRP... 2,700.00 -3,236.76 Direct Deposit 6560 - PayroliExpe... City of Dover-HRP... -132.63 -3,369.39 Direct Deposit 6561 - Benefits City of Dover-HRP... -7.28 -3,376.67 Direct Deposit 6561 - Benefits City of Bover-HRP... -1.70 -3,378,37 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -3,378.37 Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -541.76 -3,920.13 Direct Deposit 6561 - Benefits City of Dover-HRP... -33,57 -3,953.70 Direct Deposit 6561 - Benefits City of Dover-HRP... -7,84 +3,961.54 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -3,961,54 Direct Deposit 6560 - PayrollExpe... City of Dover-HRP... -18.68 ~3,980.22 Direct Deposit 6561 - Benefits City of Dover-HRP... 1.16 ~3,981.38 Direct Deposit 6561 - Benefits City of Dover-HRP... 0.27 -3,981.65 Page 4

2:03 PM 02/0415 Accrual Basis Date Milford Housing Development Corporation Income by Customer Detail July 2013 through June 2014 Type Num Source Name Memo Account Class Amount Balance Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.06 -3,981.65 Deposit 05/12/2014 Dykes, Richard — City of Dover City of Dover-HRP... 1,931.80 . Total Dykes, Richard -2,049.85 Foreman, Marie Paycheck 10/44/2013 Frances M Cardaci Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -19.67 19.67 Paycheck 10/14/2013 Frances M Cardaci Direct Deposit 6561 - Benefits City of Dover-HRP... 1.22 -20.89 Paycheck 10/41/2013, Frances M Cardaci Direct Deposit 6561 - Benefits City of Dover-HRP... 0.29 21.18 Paycheck 10/41/2013 Frances M Cardaci Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -21.18 Total Foreman, Marie -21.18 -21.18 Harmon, Wanda Bill 01/29/2014 0267... Lowe's Lumber, tile, .... 3 - Framing City of Dover-HRP... -137.07 -137.07 \ Bill 01/29/2014 7760... Brass Sales CO, INC. Tub surround... 7 » Plurnbing City of Dover-HRP... 423.83 -560.90 ¥ Bill 01/29/2014 7760... Brass Sales CO, INC. Steelcombo.... 4+ Windows andD... City of Dover-HRP... ~429.99 -990.89 4 Bill 01/29/2014. 0267... Lowe's Lumber, tile,.... 3 - Framing City of Dover-HRP... 0.00 -890.89 Paycheck 01/31/2014 Gary J Johnson Direct Deposit 6560 -PayroliExpe... City of Dover-HRP... -328.00 -4,318.89 Paycheck 01/31/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 19.52 -1,338.41 Paycheck 1431/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 4.56 -1,342.97 Paycheck 01/31/2074 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -1,342,97 Paycheck 04/31/2014 Walter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... 412.78 1,755.75 Paycheck 01/31/2014 Walter G Ottinger Direct Deposit 6561 - Benefiis City of Dover-HRP... -22.67 4,778.42 Paycheck 01/31/2014 Waiter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... 5.30 1,783.72 Paycheck 01/31/2014 Waiter G Cttinger Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -1,783.72 Bill 02/04/2014 7763... Brass Sales CO, INC. sink/tub fauc.... 7 - Plumbing City of Dover-HRP... 84.90 -1,868.62 Paycheck 02/14/2014 Gary J Johnson Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... “71.76 -1,940.37 Paycheck 02/14/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 4.27 -1,944.64 Paycheck 02/14/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -1.00 ~1,945,64 Paycheck 02/14/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 1,945.64 Paycheck 02/14/2014 Waiter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -642.10 -2,587.74 Paycheck 02/14/2014 Waiter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -35.26 +2,623.00 Paycheck 02/14/2014 Walter G Ottinger Direct Deposit 6561 -« Benefits City of Dover-HRP... -B.24 -2,631.24 Paycheck 02/14/2014 Walter G Oitinger Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -2,631.24 Credit 02/19/2014 776544 ~~‘ Brass Sales CO, INC. 7 - Plumbing City of Dover-HRP... 37.99 -2,593.25 Paycheck 02/28/2014 Gary J Johnson Direct Deposit 6560: Payroll Expe... City of Dover-HRP... -71.75 -2,665.00 Paycheck 02/28/2014 Gary J Johnson Direct Deposit 6561 : Benefits City of Dover-HRP... 4.27 -2,669.27 Paycheck 02/28/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -1.00 -2,670.27 Paycheck 02/28/2014 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -2,670.27 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6560: Payroll Expe... City of Dover-HRP... ~18.29 2,688.56 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 113 -2,689.69 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -0,27 -2,689.96 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -2,689.96 Bill 03/04/2014 01278 Lowe's 14 + Floor Coverings City of Dover-HRP... -21.64 -2,711.60 Bill 03/05/2014 01821 Lowe's Floortile&q... 3+ Framing City of Dover-HRP... -25.37 -2,736.97 Bill 03/24/2014 14092 Lowe's Threshold 4-Windows and D... City of Dover-HRP... -30.08 -2,767.05. Bill 03/24/2014 14092 Lowe's Cave base 3 Framing City of Dover-HRP... 6.22 -2,773.27 Bill 03/24/2014 14092 Lowe's Caulk fortub,... 7 > Plumbing City of Dover-HRP... -10.49 -2,783.76 Bill 04/04/2014 78478 Garry Saroukos Wail panel 3° Framing City af Dover-HRP... -19.97 -2,803.73 Paycheck 04/11/2014 Garry M Saraukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -112.09 -2,915.82 Page 5

oat a raja yw 2:03 PM 02/0415 Accrual Basis Type Paycheck Paycheck Deposit Total Harmon, Wanda Johns, Loretta Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Bill Bill Bill Bill Bill Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Paycheck Bill Paycheck Paycheck Paycheck Paycheck Deposit Total Johns, Loretta - Paycheck y Paycheck Date 04/11/2014 04/11/2014 04/11/2014 05/12/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/14/2014 02/28/2014 02/28/2014 02/28/2014 02/28/2014 02/28/2014 02/28/2014 02/28/2014 02/28/2014 03/05/2014 03/05/2014 03/05/2014 03/05/2014 03/13/2014 03/14/2014 03/14/2074 03/14/2014 03/14/2014 03/14/2014 03/14/2014 03/14/2014 03/14/2014 03/19/2014 03/28/2014 03/28/2014 03/28/2014 03/28/2614 05/12/2014 Num 02890 2209... 2209... 23429 7767... Milford Housing Development Corporation Income by Customer Detail July 2013 through June 2014 Source Name Garry M Saroukes Garry M Saroukos Garry M Saroukos Gary J Johnson Gary J Johnson Gary J Johnson Gary J Johnson Waiter G Cttinger Walter G Ottinger Walter G Ottinger Waiter G Ottinger Waiter G Ottinger Waiter G Ottinger Waiter G Ottinger Walter G Ottinger Gary J Johnson Gary J Johnson Gary J Johnson Gary J Johnson Lowe's Lowe's Lowe's Brass Sales CO, INC. Lowe's Gary J Johnson Gary J Johnson Gary J Johnson Gary J Johnson Walter G Ottinger Walter G Ottinger Walter G Ottinger Walter G Ottinger Brass Sales CO, INC. Garry M Saroukos. Garry M Saroukos Garry M Saroukos Garry M Saroukos Memo Direct Deposit Direct Deposit Direct Deposit Harmon, Wa... Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Lumber & tile... Flooring Washer hoses Floor registers Baseboard tri... Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Direct Deposit Washer fittin... Direct Deposit Direct Deposit Direct Deposit Direct Deposit Johns, Loretta _ Account Class — 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... City of Dover City of Dover-HRP... 6560 - Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6560 - Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6560 : Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP.... 6560 - Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 3° Framing City of Dover-HRP... 3+ Framing City of Dover-HRP... 7+ Plumbing City of Dever-HRP... 3- Framing City of Dover-HRP... 11- Interior Door/Tr.... City of Dover-HRP... 6560 - Payroli Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6560 - Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 7 Plumbing City of Dover-HRP... 6560 - Payroll Expe... City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... 6561 - Benefits City of Dover-HRP... City of Dover City of Dover-HRP... Amount _ 6.95 1.63 0.00 2,970.97 46.57 -297.25 -17.88 4.13 0.00 -385.26 21.16 -4.95 0.00 -797.08 43.77 10.24 0.00 41.00 -2.44 0.57 0.00 165.34 7244.20 14.23 -149.80 -28.30 287.00 -17.08 3.99 6.00 -625.25 34.34 -8.03 0.00 ~54.74 102.75 6.37 1.49 0.00 3,385.01 46.57 Balance -2,922.77 -2,924.40 -2,924.40 46.57 46.57 -297.25 -314.93 -319.06 -319.06 -704,32 -725.48 -730,43 -730.43 ~1,527.51 ~1,571.28 ~1,581.52 ~1,581.52 1,622.52 1,624.96 -1,625.53 1,625.53 ~1,790.87 2,035.07 -2,049.30 -2,169.10 -2,197.40 -2,484.40 -2,501.48 -2,505.47 -2,505.47 3,130.72 -3,165.06 -3,173.09 -3,173.09 -3,227.83 -3,330.58 3,336.95 +3,338.44 -3,338.44 46.57 46.57 Page 6

2:03 PM Milford Housing Development Corporation o204its Income by Customer Detail Accrual Basis July 2013 through June 2014 Type __ Date Num = Source Name Memo Account Class Amount Balance os Mears, Kasey Paycheck 02/14/2014 Garry M Saroukos Direct Deposit 6560 -PayrollExpe.. City of Dover-HRP... -74.74 -74.74 Paycheck 02/14/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 4.62 -79.36 Paycheck 02/14/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -1.08 -80.44 Paycheck 02/14/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -80.44 Total Mears, Kasey ~80.44 -80.44 ag Shaw, James & Vickie ~ General Jounal 08/02/2013 Jk 292 Shaw, James & Vic... move to City... 6561 - Benefits City of Daver-HRP.. 4.57 4.57 an Generat Journal 08/02/2013 Jk 292 Shaw, James & Vic... movetoCity.. 6560-PayrollExpe... City of Dover-HRP... -59.78 -64.35 Bill 08/21/2013 25954 KB's Plumbing, Inc. Sewer &sum... 7 + Plumbing City of Dover-HRP.. $99.36 -763.71 Deposit 12/21/2013 City of Dover City of Dover City of Dover-HRP.. BRT _0.00 Total Shaw, James & Vickie 0.00 0.00 Steffen, Anna Paycheck 02/28/2014 Garry M Saroukos. Direct Deposit 6560- Payroll Expe... City of Dover-HRP... 45.72 45.72 = Paycheck 02/28/2014 Garry M Saroukos. Direct Deposit 6561 - Benefits City of Dover-HRP... -2.83 48.55 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.66 49.21 Paycheck 02/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -49.21 Bill 03/26/2014 231-14 Bayside Roofing Inc Replace roof... 5 - Exterior Finish City of Dover-HRP... -7,100.00 7,149.21 Deposit 05/12/2014 Steffen, Anna City of Dover City of Dover-HRP... teil 49.21 0.00 Total Steffen, Anna 0.00 0.00 Trower, Paulette Paycheck 03/28/2014 Garry M Saroukos Direct Deposit §560- Payroll Expe.. City of Dover-HRP... -37.36 -37.36 Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -2.32 -39.68 \k Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... ~0.54 40.22 } Paycheck 03/28/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 ~40.22 - y Bill 04/17/2014 333-14 Bayside Roofing Inc Evaluate/esti... 5 - Exterior Finish City of Dover-HRP... -6,000.00 6,040.22 ~ Paycheck 04/25/2014 Garry M Saroukos Direct Deposit 6560 -PayroliExpe.. City of Dover-HRP... -37.36 6,077.58 \ Paycheck 04/25/2014 Garry M Saroukos Direct Deposit 6560+ PayroltExpe... City of Pover-HRP... -18.68 6,096.26 Paycheck 04/25/2014 Garty M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -3.47 6,099.73 Paycheck 04/25/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... -0,81 ~6,100.54 7 Paycheck 04/25/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 6,100.54 Deposit 05/12/2044 Trower, Paul... City of Dover City of Dover-HRP... 6,000.00 -100.54 Paycheck 06/06/2014 Garry M Saroukos Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -28.02 -128.56 Paycheck 96/06/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP.. -1.74 -130.30 Paycheck 06/06/2014 Garry M Saroukos. Direct Deposit 656% - Benefits City of Dover-HRP... 0.41 -130.71 Paycheck Q6/06/2014 Garry M Saroukos Direct Deposit 6561 - Benefits City of Dover-HRP... 800 130.71 Total Trower, Paulette -130.74 -130.71 Page 7

2:03 PM Milford Housing Development Corporation 02/04/45 Income by Customer Detail Accrual Basis July 2013 through June 2014 Type Date Num Source Name Memo Account Class Amount Balance Wells, Betty Paycheck 10/11/2013 Gary J Johnson Direct Deposit 6560-PayrollExpe... City of Dover-HRP... -125.00 -125.00 Paycheck 10/11/2013, Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 7.45 -132.45 Paycheck 10/11/2013 Gary J Johnson Direct Deposit 6564 - Benefits City of Dover-HRP... 1.74 734.19 R Paycheck 10/11/2013 Gary J Johnson Direct Deposit 6561 - Benefits City of Doves-HRP... 6.13 ~140.32 r \ Check 10/23/2013 1379 Richard L Mariner mileage 24 + Mileage City of Dover-HRP... -179.67 -319.99 fy Paycheck 10/2512013 Gary J Johnson Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... ~160.00 479,93 Paycheck 10/25/2013 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -9.50 ~489.49 i y Paycheck 40/25/2013 Gary J Johnson Direct Depesit 6561: Benefits City of Dover-HRP... -2.23 ~491.72 Paycheck 40/25/2013 Gary J Johnson Direct Deposit 6561 - Benefits. City of Dover-HRP... -7.84 499.56 i _ Paycheck 10/25/2013 Richard L Mariner Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... ~355.25 854.81 Paycheck 10/25/2013 Richard L Mariner Direct Deposit 6561 - Benefits City of Dover-HRP... -22.03 -876.84 Paycheck 40/25/2013 Richard L Mariner Direct Deposit 6561 - Benefits City of Dover-HRP... $8.15 -881,99 Paycheck 10/25/2013 Richard L Mariner Direct Deposit 6561 - Benefits City of Dover-HRP... 0.00 -881.99 Bill 41/06/2013 02517 Lowe's Lumber to st... 5 - Exterior Finish City of Dover-HRP... 44.55 -926.54 Bill 11/06/2013, 24428 Lowe's Tile & sealer... 3- Framing City of Dover-HRP... 77.12 -1,003.66 Bill 41/06/2013 11626 Lowe's Misc 3° Framing City of Dover-HRP... -28.48 ~1,032.14 Bill 11/06/2013 02464 Lowe's Moulding &c.... 3 - Framing City of Dover-HRP... 62.53 -1,094.67 Paycheck 41/08/2013 Gary J Johnson Direct Deposit 6560 Payrell Expe... City of Dover-HRP... -80.00 -1,174.67 Paycheck 41/08/2013 Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... 477 1,179.44 Paycheck 11/08/2013 Gary J Johnson Direct Deposit 6561 - Benefits City of Daver-HRP... -1.11 -1,180.55 Paycheck 11/08/2013. Gary J Johnson Direct Deposit 6561 - Benefits City of Dover-HRP... -3.50 -1,184.05 Paycheck 11/08/2013 Walter G Ottinger Direct Deposit 6560 - Payroll Expe... City of Dover-HRP... -140.89 1,325.04 Paycheck 11/08/2013 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -8.52 -1,333.56 Paycheck 11/08/2013 Walter G Ottinger Direct Deposit 6561 - Benefits City of Dover-HRP... -2.00 -1,335.56 Paycheck 11/08/2043 Walter G Ottinger Direct Deposit 6561 - Benefits City af Dover-HRP... 0.00 1,335.56 Bill 44/43/2013 770388 Brass Sales CO,INC. Frontcombo... 4-WindowsandD... City of Dover-HRP... -1,418.93 -2,754.49 Deposit 42/21/2013 City of Dover City of Dover City of Dover-HRP... 7 0.00 Total Wells, Betty 0.00 TOTAL -2,759.91 Page 8

Funding Sources

ns AFFORDABLE HOUSING SOLUTIONS. Milford Housing Development Corporation Emergency Home Repairs & Housing Rehabilitation City of Dover CDBG Funding Sources - 2015 SOURCES Amount Sources - Restrict irs Only: Palmer Home Foundation Rawlins Charitable Trust Atlantic Community Thrift Shop (ACTS) : icte air Funding - Received (Non- ictive): Delaware State Housing Authority (DSHA) 400,000.00 Delaware Grant-in-Aid 38,450.00 JP Morgan Chase 35,000.00 Kent County Levy Court 6,500.00 Gannett Foundation 5,000.00 Milton & Hattie Kutz Foundation 4,000.00 Perdue Foundation 2,500.00 Total Funding Sources= $ 583,500.95

PALMER R HOME INCORPORATED 789 EMA ico: tAcc bore of "00s: 1761 snazemen ao ane i 25-80/440 $ AE Sub. co “A Keguest fv onding in tha amwort of $50 ,000 fr Current year, 1S Pending Board Approve of Home Foundation.

JOSHUA M TWILLEY TTEE MARTIN LUTHER FOUNDATION TTEE 1751 \ feo GLEN Are : Yy- - ue 87-176/849 # WILMINGTON, DE 19806-2307 de- 14 ORDER G f A LEO UAT E fil 2 Ghs tAD S58 Sw ATS i. “ - Operon On veimbuvgermerckd .

Valerie Miller From: RBWoh!@aol.com Sent: Wednesday, January 14, 2015 5:44 PM To: Valerie Miller Subject: ACTS financial support Ms. Miller, You submitted an application for funding support last September. A number of matters delayed the usual process this year. Today the ACTS Board agreed to continue its support to your organization through 2015 at the current funding level, $1,000/mo. | will try to get a confirming letter to you soon, but wanted you to have the information now. Ron Wohlust

(302) 739-4263 DEVELOPMENT SECTION (302) 739-1118 Fax 18 THE GREEN (302) 739-7428 TOD Dover, DELAWARE 19901 TOLL FREE: (888) 363-8808 December 19, 2014 Mr. David Moore Executive Director Milford Housing Development Corporation 977 East Masten Circle Milford, DE 19963 RE; HDF Homeownership Grant —- Home Repair Project Dear Mr. Moore: It gives me great pleasure to inform you that the Delaware State Housing Authority (DSHA), upon the recommendation of the Council on Housing, has approved a grant in the amount of $400,000 to Milford Housing Development Corporation. As requested, the grant proceeds will be used to provide emergency repair service to extremely low- to very low-income, owner-occupied households in Kent and Sussex Counties. Please sign the concurrence line below to indicate your acceptance of the conditions of Resolution No. 494. The original should be returned to DSHA, to the attention of Susan Eliason. We have included a copy of this letter along with a copy of the Council Resolution for your records. In addition, enclosed is the Grant Agreement, which is consistent with the enclosed Resolution. Please sign all three copies of the Agreement and return them to Ms. Eliason for final execution. DSHA is pleased to provide this assistance for lower-income Delawareans. ‘ANAS BEN ADDI Director pap:mjh Enclosures CONCURRENCE: A 0 2 Wome pate: _/2029//¢

JOINT FINANCE COMMITTEE STATE OF DELAWARE GENERAL ASSEMBLY 411 LEGISLATIVE AVENUE OOVER, DELAWARE 19901 July 1, 2014 TO: Milford Housing Development Corporation Mr. David Moore 977 E. Masten Circle Milford, DE 19963 FROM: Senator Harris B. McDowell, IIT Chair, Joint Finance Committee Representative Melanie George Smith Co-Chair, Joint Finance Committee SUBJECT: Fiscal Year 2015 Grant in Aid Award and Application for Grant-in- Aid from the State of Delaware for Fiscal Year 2016. Dear Grant-in-Aid Recipient: This is to inform you that your agency has received funding in Senate Bill No. 266, the F.Y. 2015 Grant-in-Aid Appropriations Bill, in the amount of $ 76,900. The State Treasurer’s Office will mail the quarterly checks to your agency at the above address. Payments will be made in July, October, January and April. If you have any questions regarding payment please contact Erin Guerke at 302-672-6700, Enclosed please find the Grant-in-Aid Application for F.Y. 2016. The application is due in the Office of the Controller General by 4:30 p.m., Monday November 3, 2014. This is a firm deadline and there will be no extensions. Please read through the application and instructions carefully. Incomplete applications that are missing information will not be accepted. To expedite the handling of your application, please check that you have done the following: (continued on back) PRUUTED Gt PEEVE ED PAPER

1. Completed the entire application and submitted the original and one copy of the application. You must include your agency’s 9-digit Federal Employer Identification number. This does not apply to veterans organizations. 2. Included the most recent copy of your agency’s audit completed by either a Certified Public Accountant or a Public Accountant. The audit must have been issued within the past three years. If your agency is not able to provide an audit, you must submit a detailed statement of the circumstances surrounding the reason, The lack of an audit may impact the ultimate funding decision of the Joint Finance Committee. This does not apply to veterans organizations Please mail the original application along with one copy and the audit to: Office of Controller General Legislative Hall - D580A P.O. Box 1401 Dover, DE 19903 Decisions regarding Fiscal Year 2016 Grant-in-Aid will not be made until June 30, 2015. There will be one Grant-in-Aid workshop for Fiscal Year 2016. You are not required to attend the workshop. In order to obtain the greatest benefit, review the instructions and application forms prior to attending the workshop. This will enable you to obtain the assistance you may need. Please bring photo identification for security purposes. Wednesday September 3, 2014 10:00a.m. = House Hearing Room Legislative Hall 411 Legislative Ave. Dover, DE 19901 ENC. 0311460052

JPMorgan Chase Foundation Daryl Graham JPMorgan Chase Foundation July 16,2014 David Moore President & CEO MILFORD HOUSING DEVELOPMENT CORPORATION 977 E Masten Cir Milford, DE 19963-1085 Grant # 13626791 Dear David Moore: We are pleased to inform you that the JPMorgan Chase Foundation has approved a grant of $125,000.00 to MILFORD HOUSING DEVELOPMENT CORPORATION in support of MHDC's Core Housing Programs: The Self-Help Housing Program, the Home Repair Project & the Financial Fitness Program for low income households and individuals, We take great pride in our history of supporting organizations and programs that strengthen the communities we serve, We commend the important work of your organization, are pleased to support its efforts with this grant, and look forward to learning about its community impact. This grant is subject to the Guy Terms and Conditions. Please read this attached document carefully grant's Terms and gina Additionally, please review Appendix C of the Terms and Conditions and disclose any applicable Federal Official Affiliations. Upon review and acceptance, please return the signed Terms and Conditions in its entirety within thirty (30) days of receipt to: JPMorgan Chase Foundation Grant Administration c/o CyberGrants, Inc. 300 Brickstone Square, Suite 601 Andover, MA 01810 We extend our best wishes for continued success. Sincerely, Enclosure

Kent County, 2GEay =) us JUL 1 4 201% . Bi Vite Department of Finance Susan Durham - Director of Finance Kent County Mary Karol - Assistant Director Administrative Complex 555 Bay Road Dover, DE 19901 (302) 744-2386 Fax: (302) 736-2270 July 10, 2014 Mr. David Moore MHDC Emergency Home Repair (formerly RC & D) 977 E. Masten Circle Milford, DE 19963 Dear Mr. Moore: Kent County Levy Court recently adopted the Fiscal Year 2015 Budget, which took effect on July 1, 2014. This budget includes your Community Service Grant Award of $6,500.00. As stated on the application, this money “....shall be used for the purpose of carrying out the primary mission of the receiving agency.” Please be aware that the award of this grant for Fiscal Year 2015 does not imply that a like grant will be awarded to your organization in future years. Kent County Levy Court encourages grantee organizations to diversify their funding sources and strive toward self-sufficiency. Thank you for your interest in the Community Service Grant program. lf you have any questions, please feel free to call me at (302) 744-2380. Sincerely, (Debbu Cldere Debbie Elders Accounting Supervisor “Serving Kent County With Pride”

Street Address: 950 West Basin Road New Castle, DE 19720 Mailing Address: P.O. Box 15505 Wilmington, DE 19850 (302) 324-2500 (800) 235-9100 Fox Numbers: Accounting: 324-2554 Circulation: 324-2945 Classified: 324-5511 Human Resources: 324-2578 Info Systems: 324-2969 Marketing: 324-2557 News: 324-5509 Retail: 324-5518 ©) GANNEIT The News Journal www.delawareonline.com October 7, 2014 Milford Housing Develapment Corporation Attn: Valerie Miller 977 East Masten Circle Milford, DE 19963 Dear Ms. Miller, My name ts Leslie Emma | am the coordinator with the Needy Family Fund, | received your grant application from the News Journal. They felt that the money you are requesting was down our alley. fam enclosing in this letter a check for $5,000 check # 108 for your services. Please send me via spreadsheet what you have disbursed the funds to so | have that for my records. Please call or e-mail me so | can make sure you have received the check. Thank you for your cooperation in this matter. Leslie Emma Regional Assistant Controller Needy Family Fund 302-324-2520 lermma@gannett.com <i

The Arthur W. Perdue Foundation, Inc. _ a Foundation Source, Administrator 5991 9 Reference No.! _ _— ‘Dasoription 7 a _ | ___ Date ______Biiount | 171117] Grant $2,500.00 | j | wy 17 2014 | | | | | | | Chiiek Data | chase xo. | oe Payeo | heck Amount | 42/13/2014 $9914. MILFORD HOUSING DEVELOPMENT CORPORATION. — = = — $2,500.00 | The Arthur. Perdue | Foundation, Inc. 3 eal: fog x 59919 Foundation Source; Administrator : an Ee 5 NEWYORK 44/43/9044. 501 Silverside Roac =o 123 = saleiaytg Wilmington, DE 19809 : RS = (800) e304 Tos $2,500.00 “To The. ‘MILFORD ING DEVELOPMENT CORPORATION ‘Order Of 977 & MASTEN CIR” _ MILFORD, DE 19963- AO ARE AUIS | eX features included. Detats on WOSIT GU 10 240000 24 24750 27 5KKESI

MILTON AND HATTIE KUTZ FOUNDATION OFFICERS Leslie Newman President Suzanne B. Grant Vice President Jerome K. Grossman, Esq. Secretary Rolf F. Eriksen Treasurer Seth J. Katzen Executive Secretary BOARD OF DIRECTORS Jack B. Blumenfeld. Esq. Hon. Donald F. Parsons Susan Kirk Ryan, Esq. Barbara H. Schoenberg. CPA Dr. Craig Stemberg Connie J. Sugarman William W. Wagner President 101 Garden of Eden Road © Wilmington, Delaware 19803 Telephone: (302) 427-2100 © Fax: (302) 427-2438 June 16, 2014 el Valerie A. Miller, Development Director Milford Housing Development Corp. 977 East Matsen Circle Mildford, DE 19963 Dear Ms. Miller: Enclosed please find our check in the amount of $4,000. This represents a grant to your organization for support of “Home Repair Project", Please acknowledge receipt of this check. \f there are any publications or lists of grants given, we would appreciate that the Milton and Hattie Kutz Foundation's name be included. Grant proposals for next year must be received by Friday, March 16, 2015. If you will be applying for funds at that time, the enclosed evaluation form must be received with your proposal. If you are not reapplying for funds, the evaluation form must be submitted by June 30, 2015. We wish you continued success to improve the world that we all share. Newman ee LN/gmk Enclosure

STAFF REPORT Homeownership Assistance Program Downpayment assistance for first time homebuyers The Homeownership Assistance Program provides first times homebuyers with down payment assistance or closing cost to purchase affordable housing in the City of Dover. This project services 100% low to moderate income persons. The grant request of $60,000 is a realistic amount with a maximum of up to $20,000 per client to provide downpayment assistance for three (3) first time homebuyers to purchase properties in the City of Dover. This project is consistent with Goal 3 of the 2010-2014 Consolidated Plan by encouraging owner occupied housing to low and moderate income persons. The 2014 grant funding for this program has been expended by 92%, and six (6) first time homebuyers have purchased properties in the City of Dover.

CITY OF DOVER FY 2015-2019 Multi-Year CDBG GRANT APPLICATION FORM 1. General Applicant Information A. Name: Tracey Harvey Address: 15 Loockerman Plaza Dover, DE 19901 Phone Number: (302) 736-7196 B. Name, position and signature of person submitting application: Tracey Harvey, Planner I Name and position of authorizing official: Ann Marie Townshend, Director of Planning & Community Development C. Name, address and phone number of Contact Person: (if different from B above) Same as above. FY 2015 only Activity: Homeownership Assistance Amount Requested: $ 60,000.00 Source of Cash Matching Funds $ None

1. Low/Moderate-Income Benefit: LOW/MODERATE - INCOME BENEFIT TABLE - Instructions The amount of benefit to low-and moderate-income persons must be calculated for each activity as described below. Future program years may be estimated as long as 51% of the population being served is low to moderate income. WN re . Incolumn 1, list the activity and fiscal year through 2019. . In column 2, show the total number of persons that the activity will serve. . In column 3, show the number of low- and moderate-income persons that the activity will serve. . In column 4, divide column 3 by column 2 to show the percent of low- and moderate- income persons that the activity will serve. . In column 5, show the amount of funds requested for the activity for current fiscal year only. . In column 6, multiply column 4 by column 5 to show the amount of those funds that will be used to benefit low-and moderate-income persons. . List the sources of data used to calculate benefit in the space provided at the bottom of this page. LOW/MODERATE-INCOME BENEFIT TABLE 1. 2. Total 3. L/M 4.% LIM 5. Amount 6. Amount Persons Persons Persons Requested L/M Activity will | Activity will | Activity will | for Activity Benefit Serve Serve Serve Down 4-6 persons $60,000 payment and settlement assistance Year 2 4-6 persons $60,000 Year 3 4-6 persons $60,000 Year 4 4-6 persons $60,000 Year 5 4-6 persons $60,000 Source of Data: Mortgage Ready referrals from NCALL

2. Management Capacity A. List the person(s) to be responsible for administering the CDBG Project: Sub-Recipient Personnel Title(s) Tracey Harvey Planner I B. Attach resumes or other supporting documentation for the personnel of new applicants, which establishes the capacity of the personnel above to effectively manage a CDBG sub-recipient project. N/A 4. Application Work Plan Each proposed program activity must address each of the following areas through fiscal year 2019. Items C thru H will only need to be completed for the current fiscal year. Attach a mission statement and purpose of your organization. A. Each program activity must be addressed separately. Program activities must be listed in order of priority with the program activity of highest priority first. This order of priority for program activities must be followed on all forms contained in this application. e The highest priority for this project is to provide affordable housing to low to moderate income persons. Each program activity must be fully described. For rehabilitation programs, this description must include the number of units to be rehabilitated, rental properties to be rehabilitated, any special population groups the rehabilitation program will address, the target area, and the need for the rehabilitation activity. e Funding for this program will be available for up to six (6) first time homebuyers who will be required to purchase property in the City of Dover and complete a homeownership counseling program with a certified HUD Counselor. Assistance is provided up to $20,000 for properties purchased in the city. The city will place a second mortgage lien on the property and if within the first ten years the home is sold, transferred, or ceases to

be the borrower’s principal residence, the loan becomes due and payable. The interest rate is 0% and is forgiven after 10 years. Provide a timetable showing monthly milestones for completion of each activity. e Funding for this program is available on a first come first serve basis and will be drawndown as the applicants purchase properties. Attach drawings, plans or other documentation necessary to describe program activities. N/A Describe each activity’s conformance with the goals and objectives of the City’s Consolidated Plan. e This project is consistent with Goal 3 in the 2010-2014 Consolidated Plan: Encourage owner occupied housing in low to moderate income areas. The city is meeting this goal by providing down payment assistance to qualified homebuyers who purchase properties in the city. Describe the extent to which the proposed project(s) will address one or more significant priorities identified by the City’s Consolidated Plan. e Housing needs was ranked number two in priorities in the 2010-2014 Consolidated Plan. By providing homeownership assistance to first-time homebuyers, this will assist in eliminating barriers to affordable housing. Describe the extent to which the project builds upon previous work or supplements other work that will be funded from other sources. Annually this project is funded and each year the city reaches its goal by assisting in providing affordable housing for low to moderate income persons. The city is a stakeholder in the Restoring Central Dover Initiative in which part of the

initiative includes improving existing affordable housing within the designated target area. One of the goals is to provide down payment assistance in conjunction with rehab assistance for properties purchased that will need to be in compliance with the city’s housing code. H. Describe source and amount of any funds used to leverage the City’s portion of the project. Indicate when these funds will be available. Attach documentation of any match. None 5. Each application should also describe the following: A. Describe any efforts to coordinate with businesses regarding the development of the community as it affects low/moderate-income residents of the area. Part of the Restoring Central Dover Initiative is to reinvest in commercial corridors and ensure equitable economic development. By reinvesting in the commercial corridors, this will improve the revenue streams and attract visitors from all over Delaware and the tri-state area. One of the strategies for ensuring equitable economic development is to develop a comprehensive workforce development strategy by implementing a pilot program that will assist in developing small businesses and entrepreneurships. 6. Have you received a sub-recipient grant from the previous funding year? If yes give the total amount $__ 102,767.00

ADDENDUM 2015 CDBG SUB-RECIPIENT APPLICATION FORM Please choose the best option that describes the purpose of your activity from the three objectives. Suitable Living Environment Decent Housing Xx Economic Opportunity Please choose the best option that will describe the outcome of your activity based on the categories listed below. Availability/Accessibility Affordability Sustainability x Please provide a proposed outcome based on the information below that applies to your activity To increase affordable housing opportunities for low to moderate income persons. Number of persons, households, units, or beds assisted as appropriate 6 Income level of persons or households by: Very Low % Low _50 % Moderate _50. % If your activity benefits a target area, please show the number of persons served and the percentage of low/mod persons served. This information is unknown at this time. Your close out report will require you to provide breakdowns of those served by race, ethnicity and disability.