(ARMDC) Tax Credit Certifier (95-5 Test) for Glen Hazel RAD

Allies & Ross Management and Development Corporation (the “ARMDC”) is soliciting a Professional Auditing Services firm (the “Auditor”) to complete a 95-5 Test Calculation in accordance with Section 42 of the Internal Revenue Service (the “IRS”) Code for 3 bond projects in one financing transaction redeveloping 225 existing rental apartment units associated with the Glen Hazel Rental Assistance Demonstration (“RAD”) (the “Project”). The project includes forty-four (44) Low Income Housing Tax Credits (“LIHTC”) buildings and one non-LIHTC building. The project includes acquisition and rehabilitation credits and will track costs according to the three bond projects included in this transaction. ARMDC is soliciting a Professional Audit Services firm to complete a Development Cost Certification on behalf of future owner of the Project, Glen Hazel RAD, LLC (the “Owner Entity”), and this procurement, along with any subsequent contracts or agreement related to this procurement, may be assigned to the eventual Owner Entity for the purposes of proper compliance with Section 42 of the IRS Code.