Interest rate allowed on Notes Receivable

4.00%

Apartment
Size
sq.ft.

Apartment
Type

Entrance
Fee

No. of
Suites

Current
Rent

Level 2

Level 3

Level 4

Equity

Payment

Equity

Payment

Equity

Payment

600

F

16,859

9

637

30,168

592

42,735

551

56,803

504

698

E

25,299

10

790

37,768

749

54,501

693

71,235

637

833

A

31,635

30

874

43,727

834

62,152

772

80,578

711

1,045

B

40,756

30

1,163

56,896

1,110

81,492

1,027

106,088

945

1,172

C

42,940

31

1,262

61,687

1,200

88,579

1,111

115,471

1,021

1,280

D

43,976

20

1,320

62,523

1,257

90,786

1,163

119,048

1,069

NOTE:  ENTRANCE FEES AND OPTIONAL PAYMENTS INCLUDE THE $3,000 DEVELOPMENT FEE. THE DEVELOPMENT FEE IS NON-REFUNDABLE.

MONTHLY RENTS DO NOT INCLUDE HYDRO, ELECTRIC APARTMENT HEAT, TELEPHONE, CABLE OR PARKING.