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2014 low income housing tax credit program: final rankings

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2014 LOW INCOME HOUSING TAX CREDIT PROGRAM: FINAL RANKINGS
DEVELOPMENT
DEVELOPMENT
NAME
DEVELOPMENT
LOCATION
CONTACT
PERSON
TAX
PHONE
DEV
FAM
TOTAL
TC
CREDIT
NONPROFIT
LHA
NEW CONST
NO. VA.
NW/NC VA
RICHMOND
TIDEWATER
BALANCE OF VA
AT-LARGE
NUMBER
TYPE
OR ELD
UNITS
UNITS
SCORE
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
NONPROFIT POOL:
*
*
Church Street Station Studios
Norfolk City
Kathryn Talley
(804) 836-1055
N
FAM
80
80
633.70
654,422
0
0
0
0
0
0
0
0
Belleville Meadows
Suffolk City
Lee Alford
(804) 343-7201
R
FAM
127
127
608.91
670,847
0
0
0
0
0
0
0
0
Frank Roane Apartments
Lynchburg City
(434) 847-9059
R
ELD-RW/S
26
26
607.91
100,740
0
0
0
0
0
0
0
0
801 Main Street
Newport News City
(404) 364-2937
N
ELD
44
44
607.30
420,000
0
0
0
0
0
0
0
0
Cary Street Preservation
Richmond City
(804) 644-0546
R
FAM
47
47
591.23
243,463
0
0
0
0
0
0
0
0
Luray Meadows Apartments
Page County
Robert Goldsmith
(276) 623-9000
N
FAM
52
52
589.01
475,406
0
0
0
0
0
0
0
0
Claiborne Square Phase II
Petersburg City
Lynn McAteer
(804) 644-0546
N
FAM
40
40
547.95
493,877
0
0
0
0
0
0
0
0
Harbour Square Apartments
Tranquility at the Lakes
Hanover County
Virginia Beach City
(410) 685-6005
(804) 343-7201
R
N
ELD-RW/S
ELD
100
40
100
40
516.81
579.36
599,781
454,440
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cumberland Court Apartments
Fairfax County
(804) 614-2682
A
ELD
55
55
464.86
683,473
0
0
0
0
0
0
0
0
Jewell Kitchen
Chase Northcutt
Bernard Rogers
Ben Etheridge
David Schultz
Samantha Brown
LOCAL HOUSING AUTHORITY POOL:
Broad Creek Phase V
Norfolk City
Cypress Terrace Apartments
Newport News City
Kippax Place Apartments
Hopewell City
Oyster Point - Brighton Apts
Newport News City
William Wagner
(202) 552-2502
N
FAM
50
50
640.11
0
544,100
0
0
0
0
0
0
0
Karen Wilds
(757) 928-2663
R
FAM
82
82
622.90
0
491,238
0
0
0
0
0
0
0
Samantha Brown
(804) 614-2682
R
FAM
100
100
615.41
0
937,370
0
0
0
0
0
0
0
Karen Wilds
(757) 928-2663
R
FAM
196
196
599.25
0
1,030,000
0
0
0
0
0
0
0
(703) 276-7444
N
FAM
104
98
592.17
0
0
1,999,950
0
0
0
0
0
0
(703) 942-6610
N
FAM
150
150
478.86
0
0
1,781,978
0
0
0
0
0
0
(804) 614-2682
A
ELD
55
55
474.86
0
0
683,473
0
0
0
0
0
0
NEW CONSTRUCTION POOL:
The Springs Apartments
Arlington County
Residences at Government Center Fairfax County
Cumberland Court Apartments
Fairfax County
Nina Janopaul
Stephen Wilson
Samantha Brown
NORTHERN VIRGINIA POOL:
Residences at Government Center Fairfax County
Cumberland Court Apartments
Fairfax County
(703) 942-6610
N
FAM
150
150
478.86
0
0
0
1,781,978
0
0
0
0
0
Samantha Brown
Stephen Wilson
(804) 614-2682
A
ELD
55
55
474.86
0
0
0
683,473
0
0
0
0
0
Tracy Doran
(843) 856-4120
N
ELD
80
80
625.21
0
0
0
0
663,023
0
0
0
0
(276) 623-9000
N
FAM
52
52
589.01
0
0
0
0
475,406
0
0
0
0
(614) 396-3200
R
FAM
32
32
581.95
0
0
0
0
197,040
0
0
0
0
ELD-RW/S
98
98
581.86
0
0
0
0
799,945
0
0
0
0
NORTHWEST/NORTH CENTRAL POOL:
*
Mintbrook Senior Apartments
Fauquier County
Luray Meadows Apartments
Page County
Bailey Court
Greene County
Warrenton Manor Apartments
Fauquier County
Adam Stockmaster
Washburn Place
Robert Regan House
Fauquier County
Clarke County
Adam Stockmaster
Eugene Cook
Robert Goldsmith
Gregory Mustric
(301) 365-9314 N & R
(301) 365-9314
(703) 743-5700
N
N
FAM
ELD
30
60
30
60
558.63
461.17
0
0
0
0
0
0
0
0
482,827
755,468
0
0
0
0
0
0
0
0
RICHMOND POOL:
Cavalier Senior Apartments
Petersburg City
Tracy Doran
(843) 856-4120
N
ELD
80
80
614.93
0
0
0
0
0
809,094
0
0
0
Creekside Manor
Henrico County
David Koogler
(281) 292-1940
R
FAM
97
95
601.32
0
0
0
0
0
200,000
0
0
0
Ashe Gardens
Richmond City
(404) 889-3625
N
FAM
40
40
595.12
0
0
0
0
0
511,680
0
0
0
Iron Bridge Road Apartments
Chesterfield County
Gary Ellis
(704) 357-6000
N
FAM
80
80
591.39
0
0
0
0
0
771,152
0
0
0
Brookland Park Plaza
Richmond City
Shelynda Brown
(202) 885-9552
R
ELD-RW/S
77
77
574.32
0
0
0
0
0
293,202
0
0
0
Covington Court Apartments
Sussex County
(301) 365-9314
R
ELD-RW/S
24
24
573.24
0
0
0
0
0
146,763
0
0
0
Claiborne Square Phase II
Petersburg City
(804) 644-0546
N
FAM
40
40
547.95
0
0
0
0
0
493,877
0
0
0
Harbour Square Apartments
Hanover County
(410) 685-6005
R
ELD-RW/S
100
100
516.81
0
0
0
0
0
599,781
0
0
0
Pinnacle at Kingsridge
Henrico County
(305) 854-7100
N
FAM
108
108
474.03
0
0
0
0
0
1,540,000
0
0
0
Harold Foley III
Robert Margolis
Lynn McAteer
Ben Etheridge
Jennifer Chester
Page 1 of 3 (REV)
DEVELOPMENT
DEVELOPMENT
NAME
CONTACT
DEVELOPMENT
PERSON
LOCATION
TAX
PHONE
DEV
FAM
TOTAL
TC
CREDIT
NONPROFIT
LHA
NEW CONST
NO. VA.
NW/NC VA
RICHMOND
TIDEWATER
BALANCE OF VA
AT-LARGE
NUMBER
TYPE
OR ELD
UNITS
UNITS
SCORE
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
TIDEWATER POOL:
Baker II Apartments
Virginia Beach City
Carl Hardee
(757) 499-6161
N
FAM
57
57
619.25
0
0
0
0
0
0
546,758
0
0
Ada Park
Newport News City
Gary Ellis
(704) 357-6000
N
FAM
42
42
618.05
0
0
0
0
0
0
426,509
0
0
Brennan Pointe
Newport News City
Gregory Mustric
(614) 396-3200
N
FAM
44
44
603.48
0
0
0
0
0
0
502,500
0
0
The Banks at Berkley
Norfolk City
Gregory Mustric
(614) 396-3200
N
FAM
50
50
601.25
0
0
0
0
0
0
646,210
0
0
Tranquility at the Lakes
Virginia Beach City
David Schultz
(804) 343-7201
N
ELD
40
40
579.36
0
0
0
0
0
0
454,440
0
0
SLN 2081 Apartments
Chesapeake City
(757) 640-2299
N
FAM
108
108
565.19
0
0
0
0
0
0
1,227,500
0
0
Clairmont Apartments
Norfolk City
Thomas Johnston
(757) 965-6200
N
FAM
152
152
557.26
0
0
0
0
0
0
1,150,000
0
0
Quill Apartments
Norfolk City
Thomas Johnston
(757) 793-4394
N
FAM
180
180
532.77
0
0
0
0
0
0
230,000
0
0
Windsor Court II Apartments
Isle of Wight County
(301) 365-9314
R
FAM
24
24
516.54
0
0
0
0
0
0
145,497
0
0
Richard Counselman
Adam Stockmaster
BALANCE OF STATE POOL:
Ferncliff North
Roanoke City
David Pearson
(212) 801-3738
R
FAM
144
144
637.99
0
0
0
0
0
0
0
738,207
0
The Village at Rockbridge
Rockbridge County
David Koogler
(281) 292-1940
R
FAM
64
64
629.07
0
0
0
0
0
0
0
255,000
0
Plaza Apartments
Pulaski County
Gary Ellis
(704) 357-6000
R
FAM
36
36
618.24
0
0
0
0
0
0
0
214,065
0
Windemere Apartments
Lexington City
Adam Stockmaster
(301) 365-9314
R
ELD-RW/S
38
38
605.04
0
0
0
0
0
0
0
246,906
0
The Parks
Pittsylvania County
Alex Fekas
(540) 989-3623
R
ELD-RW/S
39
39
599.06
0
0
0
0
0
0
0
185,776
0
Country Estates
Prince Edward Cnty
Gary Ellis
(704) 357-6000
R
FAM
24
24
594.06
0
0
0
0
0
0
0
140,329
0
Village Estates
Lunenburg County
Gary Ellis
(704) 357-6000
R
FAM
32
32
590.58
0
0
0
0
0
0
0
195,506
0
(757) 874-6767
R
ELD-RW/S
39
39
588.87
0
0
0
0
0
0
0
207,324
0
(212) 801-3738
R
FAM
83
83
580.38
0
0
0
0
0
0
0
464,788
0
Victoria Place Senior ApartmentsLunenburg County
George Mirmelstein
Riverwood Apartments
Westmoreland County
David Pearson
Weaver Manor Apartments
Greensville County
Adam Stockmaster
(301) 365-9314
R
FAM
42
42
558.88
0
0
0
0
0
0
0
248,331
0
Deerfield Apartments
Nottoway County
Adam Stockmaster
(301) 365-9314
R
ELD-RW/S
39
39
529.21
0
0
0
0
0
0
0
241,352
0
TAX CREDITS FUNDED IN EACH POOL
2,089,472
1,972,708
1,999,950
2,465,451
1,138,429
1,520,774
2,121,977
2,183,113
0
TAX CREDITS AVAILABLE IN EACH POOL
2,324,666
2,324,666
2,849,839
2,993,995
1,229,566
1,932,306
2,341,571
2,351,000
2,005,846
235,194
351,958
849,889
528,544
91,137
411,532
219,594
167,887
REMAINING CREDITS IN EACH POOL
NOTES:
1 - * Elderly Developments (excluding Elderly Rehab with Subsidy) that exceed the 20% credit limitation in each pool are not eligible for funding in that pool until all other family
developments are funded and automatically move to the bottom of each pool in rank order.
2 - Developments shown above the double lines in each pool have a score high enough to receive credits.
3 - Developments competing in the Nonprofit and New Construction pools that do not score above the double lines in their respective pools then compete in the geographic pools.
4 - Local Housing Authority Developments only compete in the LHA pool and do not compete in the geographic or At-Large pools.
5 - Developments shown with a box below each of the geographic pool double lines qualify as Tier One At-Large developments. All other developments below the double lines compete as Tier Two At-Large developments.
6 - New rental space points are removed in the At-Large pools
Development Type - N = New Construction; A = Adaptive Reuse; R = Rehabilitation
=
Prior year credit allocation subtracted
FAM = Family; ELD = Elderly; ELD-RW/S = Elderly Rehab with Subsidy
=
Additional Developments to be funded (Oyster Point - Brighton Apts, Brookland Park Plaza & Warrenton Manor)
COLORS INDICATE THE GEOGRAPHIC LOCATION OF DEVELOPMENTS
Page 2 of 3 (REV)
DEVELOPMENT
DEVELOPMENT
NAME
CONTACT
DEVELOPMENT
DEV
FAM
TOTAL
TC
CREDIT
NONPROFIT
LHA
NEW CONST
NO. VA.
NW/NC VA
RICHMOND
TIDEWATER
BALANCE OF VA
AT-LARGE
NUMBER
TYPE
OR ELD
UNITS
UNITS
SCORE
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
POOL
Gregory Mustric
(614) 396-3200
R
FAM
32
32
581.95
0
0
0
0
0
0
0
0
197,040
David Pearson
(212) 801-3738
R
FAM
83
83
580.38
0
0
0
0
0
0
0
0
464,788
(704) 357-6000
N
FAM
80
80
571.39
0
0
0
0
0
0
0
0
771,152
(804) 343-7201
N
ELD
40
40
559.36
0
0
0
0
0
0
0
0
PERSON
LOCATION
TAX
PHONE
TIER ONE AT-LARGE POOL:
Bailey Court
Greene County
Riverwood Apartments
Westmoreland County
Iron Bridge Road Apartments
Chesterfield County
Tranquility at the Lakes
Virginia Beach City
Gary Ellis
David Schultz
TIER TWO AT-LARGE POOL:
454,440
1,887,420
Brookland Park Plaza
Richmond City
Warrenton Manor Apartments
Fauquier County
Shelynda Brown
Covington Court Apartments
Sussex County
Weaver Manor Apartments
Greensville County
SLN 2081 Apartments
Chesapeake City
Washburn Place
Fauquier County
Clairmont Apartments
Norfolk City
Deerfield Apartments
Nottoway County
Claiborne Square Phase II
Petersburg City
Harbour Square Apartments
Hanover County
Windsor Court II Apartments
Isle of Wight County
Quill Apartments
Norfolk City
Pinnacle at Kingsridge
Henrico County
Robert Regan House
Clarke County
ELD-RW/S
77
77
574.32
0
0
0
0
0
0
0
0
293,202
(301) 365-9314 N & R
ELD-RW/S
98
98
574.06
0
0
0
0
0
0
0
0
799,945
(301) 365-9314
R
ELD-RW/S
24
24
573.24
0
0
0
0
0
0
0
0
146,763
(301) 365-9314
R
FAM
42
42
558.88
0
0
0
0
0
0
0
0
248,331
(757) 640-2299
N
FAM
108
108
545.19
0
0
0
0
0
0
0
0
1,227,500
(301) 365-9314
N
FAM
30
30
538.63
0
0
0
0
0
0
0
0
482,827
(757) 965-6200
N
FAM
152
152
537.26
0
0
0
0
0
0
0
0
1,150,000
Adam Stockmaster
(301) 365-9314
R
ELD-RW/S
39
39
529.21
0
0
0
0
0
0
0
0
241,352
Lynn McAteer
(804) 644-0546
N
FAM
40
40
527.95
0
0
0
0
0
0
0
0
493,877
(410) 685-6005
R
ELD-RW/S
100
100
516.81
0
0
0
0
0
0
0
0
599,781
(301) 365-9314
R
FAM
24
24
516.54
0
0
0
0
0
0
0
0
145,497
(757) 793-4394
N
FAM
180
180
512.77
0
0
0
0
0
0
0
0
230,000
(305) 854-7100
N
FAM
108
108
454.03
0
0
0
0
0
0
0
0
1,540,000
(703) 743-5700
N
ELD
60
60
441.17
0
0
0
0
0
0
0
0
755,468
Adam Stockmaster
Robert Margolis
Adam Stockmaster
Richard Counselman
Adam Stockmaster
Thomas Johnston
Ben Etheridge
Adam Stockmaster
Thomas Johnston
Jennifer Chester
Eugene Cook
(202) 885-9552
R
2014 FINAL RANKINGS.XLSX
6/4/2014
Page 3 of 3 (REV)
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