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EXHIBIT C <br />1738 <br />80 <br />OPERATING INCOME <br />6 (60% AMI Section 8) <br />1738 <br />This form or a re-creation may be used. If recreating the format, use the exact headings and categories <br />listed here. <br />20 (60% AMI) <br />Part I - Rental Income (1) (2) (3) <br />(4) <br />(5) <br />2 (30%AMI Section g) <br />2281 <br />C(1) x (3)] <br />Market <br />Utility Allowance <br />Rental Rate <br />If Utilities Not <br />50(60%AMI) <br />(From Mkt. Study- Tenant <br />Included In <br />Total <br />No. of Units For Comparison) Rental Portion <br />Tenant Rent <br />Mo. Income <br />Low -Income Units* <br />Studio <br />1 -Bedroom <br />2 -Bedroom <br />3 -Bedroom <br />Managers Units (2 Bedroom) <br />2(30% AMI Section 81 <br />1738 <br />80 <br />3,476 <br />6 (60% AMI Section 8) <br />1738 <br />80 <br />10,428 <br />20 (60% AMI) <br />1054 <br />80 <br />21,080 <br />2 (30%AMI Section g) <br />2281 <br />113 <br />4,562 <br />L(60% AMI Section 8)2281 <br />113 <br />13,686 <br />50(60%AMI) <br />1249 <br />113 <br />62,450 <br />1 (30% AMI Section 8) <br />2935 <br />146 <br />2,935 <br />3 60% AMI Section 8) <br />2935 <br />146 <br />8,805 <br />8_(60% AM 1) <br />1426 <br />146 <br />11,408 <br />2 <br />0 <br />146 <br />Total 100 <br />Total Annual Income <br />(Financing programs may have different income set aside requirements. If applying for <br />more than one program please be sure that the most stringent requirement is met.) <br />Market Units <br />Studio <br />1 -Bedroom <br />2 -Bedroom <br />3 -Bedroom <br />Total <br />138,830 <br />1,665,960 <br />Form 201H -001 -EX. B(2) Operating Income 1 October 5, 2006 <br />