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EXHIBIT “B” <br />Project Description / Scope of Work <br />The Project includes the rehabilitation of 2 two-story residential buildings that were previously <br />utilized by The Lovers of the Holy Cross Sisters as a convent. The Developer will convert the two <br />residential buildings into eleven (11) rental units comprised of two (2) one-bedroom units, seven <br />(7) two-bedroom units, and two (2) three-bedroom units. One (1) one-bedroom unit and seven <br />(7) two-bedroom units will be restricted to homeless TAY at or below 30% of the Area Median <br />-bedroom units will be structured as shared housing for <br />homeless senior citizens at or below 50% of the AMI. One (1) one-bedroom unit will be <br />unrestricted and reserved for an on-site manager <br />as follows: <br />Bedroom Size 30% AMI <br />(PSH) <br />50% AMI <br />(PSH) Unit Total Units <br />One-Bedroom (TAY) 1 <br />Two-Bedroom (TAY) 7 <br />One-Bedroom 1 <br />Three-Bedroom (Senior) 2 <br />TOTAL 8 2 1 11 <br />will be used as office space for supportive services and programming functions. An existing <br />preschool building is also located on the Site. The Developer proposes to work with Head Start <br />to renovate and operate the preschool space. <br />As proposed, there is no enlargement of the apartment buildings and no increase in the <br />number of units as originally constructed. Moreover, the overall scope of work includes the <br />proposed conversion of an existing storage shed into an ADU with two bedrooms. <br />EXHIBIT 2