Section 03 - Form 8703

Section 03 alpha designators, title, location and field lengths are listed below.

Field

Title

Location

Max-Length

035

Units in Project Rented or Available

Part II, Line 5

15

036

Number of Units Occupied by Individuals

Part II, Line 6

15

037

Number of Units Occupied by Continuing Residence

Part II, Line 7

15

038

Total Number of Low Income Units

Part II, Line 8

15

039

Percentage

Part II, Line 9

2

0310A

Number of 40% and Under Low Income Units

Part II, Line 10a

15

0310B

Percentage of Line 10a divided by Line 8

Part II, Line 10b

2

0311

Number of Units Vacated

Part II, Line 11

15

0312

Number of Units Vacated and Occupied by New Residents

Part II, Line 12

15

0313

Number of Units Vacated and Held

Part II, Line 13

15

0314

Name of Issuer

Part III, Line 14

35

0315

Issuer's EIN

Part III, Line 15

9

0316

Name of Bond Issue

Part III, Line 16

35

0317

Date of Bond Issue

Part III, Line 17

8

0318

CUSIP Number

Part III, Line 18

11

0319

Issuer Price

Part III, Line 19

15

0320

Final Maturity Date

Part III, Line 20

8

Field 035 is the Total number of Residential Units in the Project, located in Part II, line 5 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 036 is the Number of Units Occupied by Individuals, located in Part II, line 6 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 037 is the Number of Units Occupied by Continuing Residents, located in Part II, line 7 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 038 is the Total Number of Low Income Units, located in Part II, line 8 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 039 is the Percentage Amount for the Test Elected in Part I, located in Part II, line 9 and is 2 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

The entry can be in decimals out to the 2nd position XX.XX and must be entered as such, filling in zeros as needed.

Field 0310A is the Number of 40% and Under Low Income Units, located in Part II, Line 10a and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0310B is the Percentage Amount of line 10a Divided by Line 8, located in Part II, line 10b and is 2 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

The entry can be in decimals out to the 2nd position and must be entered as such, filling in zeros as needed.

Field 0311 is the Number of Units Vacated, located in Part II, line 11 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0312 is the Number of Units Vacated and Occupied by New Residents, located in Part II, line 12 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0313 is the Number of Units Vacated and Held, located in Part II, Line 13 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0314 is the Name of Issuer, located in Part III, line 14 and is 35 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0315 is the Issuer’s EIN, located in Part III, line 15 and is 9 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0316 is the Name of Bond Issue, located in Part III, line 16 and is 35 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0317 is the Date of Bond Issue, located in Part III, line 17 and is 8 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

If

Then

Field 0317 is later than Field 0320 date,

SSPND 211.

Field 0317 date is blank,

SSPND 211.

Rejects will:

If

Then

a reply is received,

Enter the valid date in Field 0317.

Enter the correspondence received date in Field 01CRD.

no reply is received,

Enter the date from Field 0320 to Field 0317.

If Field 0320 is blank or doesn't have a valid date, leave Field 0317 blank.

Enter CCC "3" in field 01CCC.

Field 0318 is the CUSIP Number, located in Part III, line 18 and is 11 positions.

The field is valid if it’s blank.

The CUSIP number is a combination of nine alpha and numeric characters.

Correct any coding or transcription errors.

If

Then

multiple CUSIP numbers are present,

enter the first number in Field 01CUS.

less than nine characters,

enter the number of characters present on line 18 in Field 01CUS.

the word "None" is present,

enter "None" in Field 01CUS.

blank,

leave blank.

Field 0319 is the Issue Price, located in Part III, line 19 and is 15 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

Field 0320 is the Final Maturity Date, located in Part III, line 20 and is 8 positions.

The field is valid if it’s blank.

Correct any coding or transcription errors.

If

Then

Field 0320 date is earlier than Field 0317 date,

SSPND 211.

Field 0320 date is blank,

SSPND 211.

Rejects will:

If

Then

a reply is received,

Enter the valid date in Field 0320.

Enter the Correspondence Received Date in Field 01CRD.

no reply,

Enter the date from Field 0317 to Field 0320.

If Field 0317 is blank or doesn't have a valid date, leave Field 0320 blank.

Enter CCC "3" in Field 01CCC.