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CSC Advisors Incorporated Proposal: Housing Financial Analytical and Advisory Services January 28, 2015 Page 6 of 25 purchased $15 billion of housing bonds from local and state issuers, that assisted 25,000 rental units and 100,000 first -time homebuyers. We structured the two largest Low Income Housing Tax Credit raises in the history of the program, one for modernizing 33 public housing projects throughout Puerto Rico and another for 20;000 units in New York. Two of the financings we helped design -the housing modernization bond issue for Puerto Rico and the public infrastructure bond issue for Anaheim in conjunction with Disney's expansion - were named in their respective years the Bondbuyer's National Deal of the Year as the most outstanding municipal bond issue in the country. Teamwork, Teamwork and collaboration between the financial advisor team and the client's overall finance team is the key to success. We work effectively with all members of the finance team to design collaborative solutions to complex problems. We share skills and techniques to open the "black box" of financing, and emphasize training; education and open communication. Responsiveness and Expertise for the City. Because we represent many California bond issuers, we have frequent contact and close working relationships with the staff of CDLAC, CTAC and other statewide entities. Similarly, we have worked regularly with most of the tax credit investors and syndicators, lenders, credit enhancers, affordable housing taw firms, bond counsel, investment banks and other entitles active in California. This helps us provide quick, timely responses to all the City's questions. 3. Firm and Personnel Experience Firm Experience We were established as the first firm in the country to bring together and link expertise in affordable -- housing, bond financing, rent estate, HUD programs, tax credits and related subsidies As such we have been able to assist agencies throughout the country on all aspects of housing programs, projects and policies. We have served as financial advisor foe more than 3,000 multi-family -- y projects, including Duce 550 in California. List of Projects. Appendix 2 contains a list'of multi-famity proierts on which we have provided Highlights. Following are some highlights of such work. We have divided this into two broad types of services, in accordance with the RFP. ........................ • Housing. Financial Analytic Services • Advisory' Services on Housing Bond Financings a. Housing Financial Analytic Services. This includes a wide range of work depending on the needs of the public agency. Project Analysis. We have worked very effectively with public agencies in analyzing the "affordability gap" for proposed affordable housing developments, i.e., determining the financing deficit solely caused by the addition of affordable units to a development that could otherwise, for analytical purposes, be considered as "market rate" units (this type of analysis best applies where there are "market" equivalents for the development type, e.g., family or senior development - and 25C -51