HILLE PLACE INC

HILLE PLACE, INC. (THE "PROJECT") IS A NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF THE STATE OF NEW JERSEY. THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE 501(C)(3). THE PROJECT OPERATES A FIVE-UNIT GROUP HOME, HOUSING PROJECT (NUMBER 031-HD057) IN RIDGEFIELD PARK, NEW JERSEY. THE PROJECT IS SUPPORTED PRIMARILY BY TENANT RENTAL PAYMENTS AND RENTAL SUPPLEMENT PAYMENTS FROM THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD").