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08/01/2019

Dear note holders and limited partnership members:

In June, we sent out a letter informing you that previously scheduled distributions and interest payments were being put on hold while the inquiries and allegations by several agencies was pending.  We have resumed those payments and there has been no pause in our management and daily operations of the properties. The regulators inquiries are still ongoing.  We hope to resolve such inquiries. 

 

 IL – Temporary Order

MA – Admin Complaint 

NH – Cease and Desist Order

NJ – Summary Order