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Mr. Hirmes is a managing trustee and Chief Financial Officer of our Company and is a Director the Chief Financial Officer and a Senior Vice President of CharterMac AMI Associates Inc. (our Advisor). Mr. Hirmes is also a Managing Trustee the Chief Operating Officer and Chief Financial Officer of CharterMac the President of CharterMac Capital LLC (CharterMac Capital) and a Board member of CharterMac Mortgage Capital two of CharterMac�s subsidiaries. Mr. Hirmes also serves as the principal accounting officer for our Company and CharterMac. Mr. Hirmes is responsible for managing the finance and accounting human resources information technology and corporate communications departments for CharterMac CharterMac Capital and the Company. Mr. Hirmes has been a Certified Public Accountant in New York since 1978. Mr. Hirmes currently serves as Chairman Emeritus of the Affordable Housing Tax Credit Coalition a national organization dealing with issues relating to the Tax Credit Program. He is also a member of the Advisory Board of the Low Income Housing Tax Credit Monthly Report and of the National Housing Conference and he serves on the Executive Board of the National Multi Housing Council. Prior to joining CharterMac Capital in October 1983 Mr. Hirmes was employed by Weiner & Co. certified public accountants where he specialized in real estate and partnership taxation. Mr. Hirmes graduated from Hofstra University with a Bachelor of Arts degree. | 