Washington Place Inc.

“Form 990, part vi, section a, line 3 the organization has entered into a management agreement with a management company for day-to-day management of the apartment community as is customary for owners/operators of hud-assisted rental communities. The management contract encompasses the day-to-day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

“Form 990, part vi, section a, line 7a the number, terms, manner of election and composition of the board shall be controlled by the sumter county mental health association, or its successors or assigns, membership on the board of directors must come from the roster of current members of said association, or non members who have the approval of the sumter county mental health association.”

“Form 990, part vi, section b, line 11b the return is prepared by a certified public accounting firm and provided to the management company for initial review and approval. The return is then forwarded to the board of directors for final review, approval and signature.”

“Form 990, part vi, section c, line 19 documents are maintained by the board of directors and copies are provided upon request.”

“Washington place, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 16 unit project known as washington place apartments located in sumter, south carolina, which provides housing for low income persons with disabilities. The corporation receives housing assistance from the u.s. Department of housing and urban development pursuant to section 811 of the national housing act, as amended. The apartment community commenced operations in august 1993.”