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EXHIBIT 7. PARTtCIPANTS IN THE APPL,IGAtiCtN fNE4RMATt4N <br />Part C. Evidence Of Nonprofit Organization <br />X Only nonprofit organizations will complete this section. <br />SECTION 'I. ORGANIZATION CERTIFICATION <br />Organization Name; <br />Legal Status: ❑ 501(c)(3) ❑ 501(c)(4) El tax-exempt under 501(a) ❑ PHA ❑ other (specify) <br />Date of legal formation of Nonprofit Organization: <br />a) <br />b) <br />Is the Applicant comprised of a joint venture between a Nonprofit Organization and for-profit entity? <br />❑ Yes 0 No. If "Yes", will this nonprofit organization Control$ the Applicant? ❑ Yes ❑ No. <br />What is the ownership percentage of this nonprofit organization? <br />Describe the nonprofiYs participation in the development: <br />c) Describe the nonprofiYs participation in the operation of the development throughout the compliance and/or extended use period: <br />d) Does the nonprofit have prior experience in owning, managing or developing affordable housing? <br />❑ Yes ❑ No. If "Yes", describe such experience: <br />e) If the nonprofit will participate through a related subsidiary entity, provide the name of such entity: <br />Subsidiary Entity Name: <br />Legal Status: ❑ 501(c)(3) ❑ 501(c)(4) ❑ tax-exempt under 501(a) ❑ PHA ❑ Other (specify) <br />fl Is the nonprofit (or related subsidiary entity) assured of owning an interest in the development throughout the compliance period? <br />❑ Yes ❑ No <br />g) Will the nonprofit be contributing funds to the development? ❑ Yes ❑ No If "Yes", explain: <br />h) Will the nonprofit receive any part of the development or management fees paid in connection with the development? ❑ Yes ❑ <br />No If "Yes", explain: <br />8 Control - the possession, directly or indirectly, of the power to direct or cause the direction of fhe management and policies of any <br />Person, whether through fhe ownership of voting securities, by contract or otherwise, including specifically ownership of more than <br />50% of the general partner interest in a limited partnership, or designation as a managing general partner or the managing member of <br />a limited liability company. <br />Part II, Page 13 of 15 <br />