TRINITY METHODIST CHURCH APARTMENT INC

THE ORGANIZATION OWNS AND OPERATES AN APARTMENT COMMUNITY LOCATED IN CAMDEN, SC. THE COMMUNITY WAS ORGANIZED UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT (AS AMENDED) TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES. THE ORGANIZATION IS AN APARTMENT COMMUNITY CONTAINING 50 RENTAL UNITS WHICH COMPRISE 96 BEDROOMS AND IS BASED ON TYPICAL APARTMENT OCCUPANCY LIMITS. TRINITY METHODIST CHURCH APARTMENTS INC IS HOME TO MORE THAN 193 PERSONS WHEN FULLY OCCUPIED. THE ORGANIZATION PROVIDES RENTAL SUBSIDIES TO RENTERS. THE TYPE OF SUBSIDY PROVIDED TO APARTMENT RENTERS BY THIS PROPERTY IS PROJECT BASED SEC 8. THIS SUBSIDY ALLOWS THE RENTER TO PAY 30% OF HIS OR HER INCOME FOR RENT WHILE THE SUBSIDY PAYS THE DIFFERENCE.