Catalonia Inc.

“The property is managed by eden housing management, inc., a nonprofit pubic benefit corporation related to the corporation by common members of the board of directors. Eden is responsible for the day to day operations of the low income housing project, including maintenance of accounting records, rent collection, facility maintenance, etc.”

“There are no subcommittees of the board of directors”

“The management agent reviews the form 990 prior to presentation to the board member for signature.”

“Each board member is required to complete a conflict of interest disclosure questionnaire annually. If a board member has any conflict of interest, the board member would need to recuse himself from any decisions regarding a conflict area.”

“Officers are full time employees of Eden Housing, Inc., a related 501(c)(3) charitable nonprofit organization. Independent compensation consultant, Form 990 of other organizations and compensation survey or study were used to establish compensation of Eden Housing, Inc.'s CEO/CFO,officers and key employees. Board or compensation committee's approval is also required.”

“Officers are full time employees of Eden Housing, Inc., a related 501(c)(3) charitable nonprofit organization. Independent compensation consultant, Form 990 of other organizations and compensation survey or study were used to establish compensation of Eden Housing, Inc.'s CEO/CFO,officers and key employees. Board or compensation committee's approval is also required.”

“AVAILABLE UPON REQUEST.”

“On february 19, 2014, the organization (as the sole member) formed eden cambrian llc, a disregarded entity. Eden cambrian llc serves as the 0.01% general partner of eden cambrian, l.p. The limited partnership is in the process of rehabilitating the low income housing project that was formerly wholly owned by the organization. Upon completion of the project, the limited partnership will continue to provide low income housing.”

“On october 17, 2014, the organization sold the land, buildings and improvements constituting the low income housing project it was operating to eden cambrian, l.p. The sale of the project to the limited partnership was made on an installment sale basis for the purpose of obtaining funds from an investor limited partner to fund rehbilitation of the property. After rehabilitation of the property, it will continue to be operated as a low income housing project. As of december 31, 2014, the organization is the sole owner of eden cambrian llc, a disregarded entity, that is the general partner of eden cambrian, l.p.”