GIFFORD WORKFORCE LLC

THE PURPOSES OF THE LIMITED LIABILITY COMPANY ARE TO ACQUIRE, HOLD, INVEST IN AND OTHERWISE DEAL IN AND WITH INTERESTS IN CERTAIN PROPERTY LOCATD AT LOT 5A, 591 GIFFORD STREET, FALMOUTH MASSACHUSETTS, COMMONLY KNOWN AS "GIFFORD WORKFORCE APARTMENTS" FOR CONSTRUCTION AND OPERATION OF TEN (10) RESIDENTIAL DWELLING UNITS AND RELATED FACILITIES THEREON FOR THE PRIMARY BENEFIT OF LOW AND MODERATE INCOME FAMILIES, EITHER IN ITS OWN CAPACITY OR IN ITS CAPACITY AS A MEMBER OR PARTNER IN ANY LIMITED LIABILITY COMPANY OR LIMITED PARTNERSHIP ORGANIZED TO UNDERTAKE THE SAME AND TO ENGAGE IN ANY AND ALL ACTIVITIES RELATED THERETO. IN FURTHERANCE OF MAINTAINING THE SEPARATE LIABILITY AND SEPARATE EXISTENCE OF THE LIMITED LIABILITY COMPANY, THE MEMBER SHALL CAUSE THE COMPANY TO BE A SINGLE PURPOSE ENTITY.