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Financial Advisory Services for a Multifamily Bond Issuance <br />Based on the scope of bond advisory services KMA described in Exhibit A of this proposal, KMA <br />estimates the fee related to a multifamily bond issue in the range of $20,000. The KMA services <br />would be provided throughout the negotiations, structuring and financing process for a project. <br />This can be accomplished in as few as 90 days, but the process is more likely to require six <br />months or more to complete. <br />Keyser Marston Associates, Inc. <br />213.622.80951213.622.5204 <br />LEGAL NAME OF COMPANY PHONE AND FAX NUMBER <br />500 South Grand Avenue, Suite 1480, Los Angeles, California 90071 <br />BUSINESS ADDRESS <br />Kathleen Head <br />PRINTED NAME OF AUTHORIZED AGENT <br />0. & -_-1 .. R, <br />SIGNATURE OF AUTHORIZED AGENT DATE <br />94-23663741 <br />FEDERAL ID NUMBER <br />Managing Principal / Vice President <br />TITLE <br />khead@keysermarston.com <br />EMAIL ADDRESS <br />Exhibit B Page 18 <br />