Esperanza Housing and Community Development Corporation

Esperanza Housing and Community Development Corporation (Esperanza), a California Nonprofit Corporation, has partnership interests in various limited partnerships and is the sole member of several LLC that hold partnership interests. These entities are disclosed on Schedule R. The limited partnerships are developed and operated by Community HousingWorks (CHW), a California Nonprofit Corporation, as affordable housing for low-income persons. Each of these limited partnership's file a separate partnership tax return Form 1065 (federal) and Form 565 (state). Esperanza's mission to develop housing for low-income persons and to promote community development to improve the housing and economic conditions of the underprivileged is fulfilled through its participation as a limited partner in these limited partnerships.