2021-11-15T11:02:08-06:00 2020-12-31 420714325 RSM US LLP 400 LOCUST ST STE 640 DES MOINES IA 503092354 990 2020-01-01 421416426 COMMUNITY HOUSING INITIATIVES INC COMM 7122625640 328 GRAND AVENUE SPENCER IA 51301 MARK VREEMAN CHIEF FINANCIAL OFFICER 7122625965 2021-11-11 1 MARK VREEMAN XXX-XX-XXXX KATHY FAIRCHILD P00222608 5155586600 2021-11-11 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X DOUG LABOUNTY 328 GRAND AVENUE SPENCER IA 51301 5976172 0 X WWW.CHIHOUSING.COM X 1994 IA PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW & MODERATE INCOME INDIVIDUALS. 8 8 38 989 0 0 1530894 1083882 5824849 3991380 -199072 45403 186310 187560 7342981 5308225 0 0 0 0 2537860 2398555 0 0 0 3895929 3195193 6433789 5593748 909192 -285523 51450536 51487968 9498430 7274031 41952106 44213937 X THE MISSION OF COMMUNITY HOUSING INITIATIVES, INC. IS TO LEVERAGE AND MAXIMIZE OPPORTUNITIES FOR VIBRANT AND RESILIENT COMMUNITIES. 0 0 4662089 3991380 AFFORDABLE HOUSING:DEVELOP AND OPERATE AFFORDABLE RENTAL HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS, APPROXIMATELY 3,300 PERSONS BENEFITED; SERVING SENIORS, FAMILIES AND PERSONS WITH DISABILITIES.COMMUNITY BUILDING:SUPPORTS TARGETED NEIGHBORHOODS WITH BUILDING SOCIAL COHESION, LOCAL RESIDENT LEADERSHIP DEVELOPMENT, AND PHYSICAL BEAUTIFICATION OF NEIGHBORHOOD STRUCTURES INCLUDING HOUSING AND PUBLIC SPACES BY COLLABORATING WITH RESIDENTS AND OTHER KEY LOCAL STAKEHOLDERS.RESIDENT SERVICES:PROVIDE AN ARRAY OF SERVICES TO RESIDENTS OF RENTAL PROPERTIES, INCLUDING BUT NOT LIMITED TO SERVICE COORDINATION, YOUTH PROGRAMS, FINANCIAL MANAGEMENT, HEALTH AND WELLNESS PROGRAMS, SOCIAL EVENTS, AND LEADERSHIP DEVELOPMENT. 4662089 1 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 95 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 X MARK VREEMAN 7122625640 328 GRAND AVENUE SPENCER IA 51301 DOUG LABOUNTY PRESIDENT 40.00 5.00 X 155064 0 23376 SAMANTHA ERICKSON CHIEF OPERATING OFFICER 40.00 0.00 X 141941 0 22432 MARK VREEMAN CHIEF FINANCIAL OFFICER 40.00 5.00 X 116196 0 26035 LEE SCHOENEWE BOARD CHAIR 1.00 2.00 X X 0 0 0 CURT HEIDT BOARD VICE CHAIR 1.00 2.00 X X 0 0 0 JOHN ZULK BOARD TREASURER & SECRETAR 1.00 2.00 X X 0 0 0 ABBIE GAFFEY DIRECTOR 1.00 2.00 X 0 0 0 DAVID BRIDGEWATER DIRECTOR 1.00 2.00 X 0 0 0 OMAR PADILLA DIRECTOR 1.00 2.00 X 0 0 0 PENNY CLAYTON DIRECTOR 1.00 2.00 X 0 0 0 TIM SHANAHAN DIRECTOR 1.00 2.00 X 0 0 0 413201 0 71843 3 0 1 0 ARCHITECTS SCHIPPER KASTNER 3716 INGERSOLL AVE STE A DES MOINES IA 50312 ARCHITECTURAL SERVICES 173600 RSM US LLP 400 LOCUST STREET 640 DES MOINES IA 50309 ACCOUNTING SERVICES 103321 2 992027 91855 1083882 MANAGEMENT & DEVELOPME 531310 2600894 2600894 RENTAL INCOME 531110 1358088 1358088 LOAN INTEREST INCOME 531390 119488 119488 -87090 -87090 3991380 11341 11341 187560 0 187560 187560 187560 702009 667947 34062 34062 34062 5308225 3991380 0 232963 485043 231194 253849 1378715 1268105 110610 153569 140538 13031 244041 228126 15915 137187 103962 33225 171731 171731 48863 1807 47056 49980 1500 48480 123206 123206 8693 6588 2105 106585 80771 25814 132010 100038 31972 1092272 827734 264538 71271 54010 17261 212 212 235145 235145 897160 897160 9752 2300 7452 RESIDENT APPRECIATION E 9013 6830 2183 HOUSING SERVICES 2167 1642 525 SUBSCRIPTION/PUBLICATIO 2148 1628 520 FORMS & SUPPLIES 996 755 241 233989 177319 56670 5593748 4662089 931659 0 8440 8440 3108318 3212902 172014 12302 1667126 2195865 7300201 7392448 366866 1943 28988 24794 24168943 5914474 21032292 18254469 13793675 16996874 3972616 3387931 51450536 51487968 972583 570429 227185 104237 7901866 6221874 396796 377491 9498430 7274031 X 41189958 44073937 762148 140000 41952106 44213937 51450536 51487968 -285523 2547354 0 X 0 1 X 1 1 1 X 1918176 4045410 304870 1530894 1083882 8883232 5236893 4537547 1032824 5824849 3991380 20623493 7155069 8582957 1337694 7355743 5075262 29506725 0 0 0 29506725 210511 176172 46672 210103 198901 842359 210511 176172 46672 210103 198901 842359 7365580 8759129 1384366 7565846 5274163 30349084 0.97220 0.97650 0.02780 0.02350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 5593748 5593748 429687 107422 0 0 440957 240354 471689 429687 1582687 2374031 110239 60089 117922 107422 395672 593508 1177139 1177139 22726359 5914474 16811885 265445 265445 18254469 INVESTMENT IN AND ADVANCES TO PARTNERSHIPS 16996874 F 16996874 DEVELOPER FEES AND INTEREST RECEIVABLE 1848130 CONTRIBUTED RENTS RECEIVABLE 1539801 3387931 DUE TO GRANTOR 290000 SECURITY DEPOSITS 78741 FORGIVABLE LOAN 8750 377491 X 7855579 2547354 2547354 5308225 0 5308225 5593748 0 5593748 0 5593748 PART X, LINE 2: THE ORGANIZATIONS ARE REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION ON THE TECHNICAL MERITS OF THE POSITION ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATIONS HAVE DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. X X 0 0 0 0 0 0 0 0 0 DOUG LABOUNTY PRESIDENT 155039 0 0 0 25 0 14404 0 8972 0 178440 0 0 0 SAMANTHA ERICKSON CHIEF OPERATING OFFICER 141916 0 0 0 25 0 13216 0 9216 0 164373 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 COMMUNITY HOUSING INITIATIVES, INC. HAS ONE CLASS OF MEMBERS. ANY PERSON ELECTED AS A MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION UPPER DES MOINES OPPORTUNITY, INC. SHALL BY VIRTUE OF THAT ELECTION, AND WITHOUT OTHER QUALIFICATION ALSO BE A MEMBER OF COMMUNITY HOUSING INITIATIVES, INC. FORM 990, PART VI, SECTION A, LINE 7A UPPER DES MOINES OPPORTUNITY, INC. ELECTS THE DIRECTORS OF COMMUNITY HOUSING INITIATIVES, INC. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 IS FORWARDED TO THE FINANCE COMMITTEE FOR REVIEW AND DISCUSSION/COMMENT. THE FORM 990 IS THEN BROUGHT BEFORE THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS THROUGH REGULAR REVIEW OF VENDOR LISTS AND CASH DISBURSEMENT INTERNAL CONTROLS. BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS. IF A CONFLICT ARISES, THE CONFLICT IS BROUGHT TO THE ATTENTION OF THE PRESIDENT AND THEN THE BOARD OF DIRECTORS IF MATERIAL. THE BOARD SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IS MATERIAL, AND IN THE PRESENCE OF AN EXISTING MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. THE DECISION OF THE BOARD ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE. FORM 990, PART VI, SECTION B, LINE 15A IN ADDITION TO CONDUCTING ANNUAL WRITTEN PERFORMANCE EVALUATIONS, THE ORGANIZATION USES THE NEIGHBORWORKS AMERICA AND NONPROFIT TIMES ANNUAL SALARY SURVEYS TO GUIDE SETTING OF THE COMPENSATION FOR THE PRESIDENT AND OTHER KEY EMPLOYEES. THE REFERENCED SALARY SURVEYS ARE AVAILABLE TO THE ORGANIZATION ON AN ANNUAL BASIS. IN ADDITION TO THE TWO STUDIES MENTIONED ABOVE, COMMUNITY HOUSING INITIATIVES, INC. HAD A COMPENSATION STUDY PERFORMED BY VERISIGHT IN DECEMBER 2020. COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR THE OTHER OFFICERS IS REVIEWED AND APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHI CALL TERMINAL LLC 328 GRAND AVENUE SPENCER IA 51301 471210583 AFFORDABLE HOUSING IA -29 4953913 COMMUNITY HOUSING INITIATIVES INC EASTWOOD OF AMES INC 328 GRAND AVENUE SPENCER IA 51301 204700881 AFFORDABLE HOUSING IA 501(C)(3) LINE 10 COMMUNITY HOUSING INITIATIVES INC 1 DAVENPORT MANOR INC 328 GRAND AVENUE SPENCER IA 51301 421553567 AFFORDABLE HOUSING IA 501(C)(3) LINE 10 COMMUNITY HOUSING INITIATIVES INC 1 UPPER DES MOINES OPPORTUNITY 101 ROBINS STREET PO BOX 519 GRAETTINGER IA 51342 420923424 ALLEVIATE CONDITIONS & CAUSES OF POVERTY IA 501(C)(3) LINE 7 N/A 0 125 9TH STREET LLLP PO BOX 473 SPENCER IA 51301 272092627 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -7 -3 0 1 0.00010 821 JACKSON LLLP 520 NEBRASKA STREET SUITE 233 SIOUX CITY IA 51101 263580347 AFFORDABLE HOUSING IA N/A RELATED 117945 0 0 0.00000 ARMSTRONG APARTMENTS LP PO BOX 473 SPENCER IA 51301 201845750 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -73113 182997 0 1 0.00010 CENTURY PLAZA LP 328 GRAND AVENUE SPENCER IA 51301 391908005 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED 25 208291 0 1 0.00010 CHI SHELDON LLLP 1200 VALLEY WEST DRIVE SUITE 108 WEST DES MOINES IA 50266 454758461 AFFORDABLE HOUSING IA N/A 0 0 CHI SIOUX CITY LLLP PO BOX 473 SPENCER IA 51301 454303618 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -22 1950990 0 1 0.00010 CLINTON BLOCK LP PO BOX 473 SPENCER IA 51301 200326368 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -8 251998 0 1 0.00010 COURT VIEW LP 328 GRAND AVENUE SPENCER IA 51301 421463052 AFFORDABLE HOUSING IA N/A 0 0 GRAETTINGER HOUSING ASSOCIATES LP 328 GRAND AVENUE SPENCER IA 51301 421440724 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -4 171463 0 1 0.00010 HAMILTON KNOLLS LP PO BOX 473 SPENCER IA 51301 200326293 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -62046 52041 0 1 0.00010 HARTLEY HOUSING ASSOCIATES LP 328 GRAND AVENUE SPENCER IA 51301 421462160 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED 159146 0 1 0.00010 IHC FOREST CITY LP I 328 GRAND AVENUE SPENCER IA 51301 421479013 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -9274 179775 0 1 0.00010 IHC LP I 328 GRAND AVENUE SPENCER IA 51301 421388550 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -2 240340 0 1 0.00010 IVY APARTMENTS LP 328 GRAND AVENUE SPENCER IA 51301 421479051 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED 107865 0 1 0.00010 LAKEWOOD COURT LP 328 GRAND AVENUE SPENCER IA 51301 391908006 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -1 90770 0 1 0.00010 MAPLECREST APARTMENTS LP 328 GRAND AVENUE SPENCER IA 51301 391907977 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -2 85918 0 1 0.00010 MARSH PLACE LP 328 GRAND AVENUE SPENCER IA 51301 391910545 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -67546 206432 0 1 0.00010 NORTHWOOD COURT LP 328 GRAND AVENUE SPENCER IA 51301 421462829 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -1 55526 0 1 0.00010 OLD SPENCER SCHOOL LLLP PO BOX 473 SPENCER IA 51301 261232442 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -14 1000707 0 1 0.00010 PRAIRIE TOWNHOMES LP PO BOX 473 SPENCER IA 51301 721539343 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -100534 273992 0 1 0.00010 QUARTON PLACE 2 LP PO BOX 473 SPENCER IA 51301 770612682 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -6 593169 0 1 0.00010 REMCARES TOWNHOMES LP PO BOX 473 SPENCER IA 51301 721539347 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -56346 198087 0 1 0.00010 RIVER CITY LP PO BOX 473 SPENCER IA 51301 421527377 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -6 522781 0 1 0.00010 SALISBURY COURT LP PO BOX 473 SPENCER IA 51301 201845760 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -7 584004 0 1 0.00010 SIBLEY ONE LP 328 GRAND AVENUE SPENCER IA 51301 421416428 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED 145 598014 0 1 0.01000 SILVER LAKE APARTMENTS LP 328 GRAND AVENUE SPENCER IA 51301 421434308 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -79 36646 0 1 0.01000 SUMMERFIELD PARK LP PO BOX 473 SPENCER IA 51301 421507928 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -1 151815 0 1 0.00010 THORNBURY WAY LP PO BOX 473 SPENCER IA 51301 421527248 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -3 416585 0 1 0.00010 VAN ALLEN LP PO BOX 473 SPENCER IA 51301 421507169 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -7 614233 0 1 0.00990 WASHINGTON COURT LP 900 JACKSON STREET SUITE LL2 DUBUQUE IA 52001 201845756 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -7 1064208 0 1 0.00010 WOODBURY RIDGE LP PO BOX 473 SPENCER IA 51301 421507946 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED 1 91836 0 1 0.00010 THE ANTLERS LP PO BOX 473 SPENCER IA 51301 201888027 AFFORDABLE HOUSING IA N/A 0 0 CAPITOL CITY DUPLEXES LLLP PO BOX 473 SPENCER IA 51301 274944919 AFFORDABLE HOUSING IA N/A 0 0 COMMUNITY HOMES LP PO BOX 473 SPENCER IA 51301 205859839 AFFORDABLE HOUSING IA N/A 0 0 CRESTVIEW TERRACE LLLP PO BOX 473 SPENCER IA 51301 261232468 AFFORDABLE HOUSING IA N/A 0 0 GRANT TERRACE LLLP PO BOX 473 SPENCER IA 51301 203773650 AFFORDABLE HOUSING IA N/A 0 0 HOME TO STAY LP PO BOX 473 SPENCER IA 51301 203746904 AFFORDABLE HOUSING IA N/A 0 0 LINCOLN TERRACE LP PO BOX 473 SPENCER IA 51301 201845755 AFFORDABLE HOUSING IA N/A 0 0 SUGAR CREEK BEND LLLP PO BOX 473 SPENCER IA 51301 270529358 AFFORDABLE HOUSING IA N/A 0 0 WEST HEIGHTS TOWNHOMES LLLP PO BOX 473 SPENCER IA 51301 274945254 AFFORDABLE HOUSING IA N/A 0 0 CHI AMES LLLP PO BOX 473 SPENCER IA 51301 263573237 AFFORDABLE HOUSING IA N/A 0 0 ADEL ASSISTED LIVING LP PO BOX 473 SPENCER IA 51301 200326338 AFFORDABLE HOUSING IA N/A 0 0 CHI MILFORD LLLP PO BOX 473 SPENCER IA 51301 320394563 AFFORDABLE HOUSING IA N/A 0 0 CALL TERMINAL LP 328 GRAND AVENUE SPENCER IA 51301 421478841 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -29 4953913 0 1 0.00010 SOUTHERN POINTE LLLP 328 GRAND AVENUE SPENCER IA 51301 472315878 AFFORDABLE HOUSING IA N/A 0 0 WOODBURY PARK LP 328 GRAND AVENUE SPENCER IA 51301 391908010 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC RELATED -1 100057 0 1 0.00010 SUNSET SPENCER 328 GRAND AVENUE SPENCER IA 51301 300956312 AFFORDABLE HOUSING IA N/A 0 0 CHI NORTH BAY LLLP 328 GRAND AVENUE SPENCER IA 51301 320545996 AFFORDABLE HOUSING IA N/A 0 0 CHI PENN OAKS LLLP 328 GRAND AVENUE SPENCER IA 51301 352608073 AFFORDABLE HOUSING IA N/A 0 0 SPENCER MANOR LLLP 328 GRAND AVENUE SPENCER IA 51301 301136838 AFFORDABLE HOUSING IA N/A 0 0 ANTLERS GP INC PO BOX 473 SPENCER IA 51301 204180709 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC C -93031 446127 1.00000 1 IOWA AFFORDABLE HOUSING INC PO BOX 473 SPENCER IA 51301 202485000 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC C -37485 1.00000 1 CHI GP INC PO BOX 473 SPENCER IA 51301 261581105 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC C -272 2372741 1.00000 1 CHI EASTWOOD INC PO BOX 473 SPENCER IA 51301 271563813 AFFORDABLE HOUSING IA COMMUNITY HOUSING INITIATIVES INC C -26 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAKEWOOD COURT LP D 132733 FMV MARSH PLACE LP D 400000 FMV MAPLECREST APARTMENTS LP D 118627 FMV VAN ALLEN LP D 680000 FMV RIVER CITY LP D 683000 FMV THORNBURY WAY LP D 334000 FMV CENTURY PLAZA LP D 78000 FMV SCHEDULE R CHI GP, INC. #26-1581105 IN ACCORDANCE WITH SECTION 168(H)(6)(F)(II) OF THE INTERNAL REVENUE CODE, ALL TAX-EXEMPT ENTITIES HOLDING A CONTROLLING INTEREST IN THE TAXPAYER HEREBY ELECT TO TREAT ANY GAIN RECOGNIZED ON ANY DISPOSITION OF SUCH INTEREST (AND ANY DIVIDEND RECEIVED OR ACCRUED BY THE TAX-EXEMPT ENTITY FROM THE CONTROLLED ENTITY) AS UNRELATED TAXABLE INCOME FOR PURPOSES OF SECTION 511 OF THE INTERNAL REVENUE CODE. PART III - IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP EASTWOOD OF AMES , INC. HAS A LIMITED PARTNER INTEREST IN SIBLEY ONE LP, GRAETTINGER HOUSING ASSOCIATES LP, SILVER LAKE APARTMENTS LP, MAPLECREST APARTMENTS LP, HARTLEY HOUSING ASSOCIATES LP, LAKEWOOD COURT LP, NORTHWOOD COURT LP, WOODBURY PARK LP, IHC LP I, CENTURY PLAZA LP, MARSH PLACE LP, IVY APARTMENTS LP, IHC FOREST CITY LP I, WOODBURY RIDGE LP, SUMMERFIELD PARK LP, RIVER CITY LP, THORNBURY WAY LP, VAN ALLEN LP, PRAIRIE TOWNHOMES LP, AND QUARTON PLACE 2 LP. COMMUNITY HOUSING INITIATIVES INC OWNS A GENERAL PARTNERSHIP INTEREST IN THE PARTNERSHIPS LISTED ABOVE.