THE STATE OF GEORGIA

EXECUTIVE ORDER

BY THE GOVERNOR:

WHEREAS:

WHEREAS:

WHEREAS:

WHEREAS:

ORDERED:

The Georgia Department of Community Affairs has been charged with the responsibility of
administering the affairs of the Georgia Housing and Finance Authority, including the
administration of tax credit allocations; and

The Georgia Department of Community Affairs, acting on behalf of the Georgia Housing
and Finance Authority, published a draft 2012 Qualified Allocation Plan on the
Departrnenfs website on November 2, 2011 and gave due and public notice of the
availability of the draft 2012 Qualified Allocation Plan and of the hearings which were open
to the public on the draft 2012 Qualified Allocation Plan by running advertisements once a
week for two weeks, beginning October 15, 2011 in The Courier Herald (Dublin), The
Telegraph (Macon), and The Rome News—Tribune; beginning October 16, 2011 in The
Albany Herald and The Savannah Morning News; and one time on October 20, 2011 in The
Augusta Chronicle; and

The Georgia Department of Community Affairs held the hearings open to the public
pursuant to due and reasonable notice in Dublin, Georgia on November 9, 2011 at 10:00am
and in Atlanta, Georgia on November 10, 2011 at 10:00am; and

Following the hearings and public comment period, the Board of Directors adopted the
Qualified Allocation Plan on December 7, 2011, for the Georgia Housing and Finance
Authority.

NOW, THEREFORE, PURSUANT TO THE AUTHORITY VESTED IN ME AS
GOVERNOR OF THE STATE OF GEORGIA, IT IS HEREBY

That, solely for the purpose of satisfying the requirements for such approval under Section
42(m) (1) of the Internal Revenue Code, as amended by the Omnibus Budget Reconciliation
Act of 1989, the 2012 Qualified Allocation Plan, in the form approved by the Board of
Directors for the Georgia Department of Community Affairs on behalf of the Georgia
Housing and Finance Authority on December 7, 2011, is approved.

This /7 dayof TAN ,2o1_g..

Y\oobk»\ Dear
GOVERNOR