839 Tilden Street Housing Development Fund Corporation

2. Amendment 2

   This second amendment extends the Plan's term by six months, reassigns and resizes storage closets, revises the first-year budget after the first closing occurred on December 11, 2020, and updates sponsor unsold-share holdings and board control.

   • First Apartment Closing occurred December 11, 2020 (projected by August 1, 2020); first-year budget revised to start then
   • Plan term extended by six months from the date of the amendment
   • Storage closets reassigned for 42 listed apartments (e.g., 2C, 2I, 3C, 3E, 7G) and enlarged for 2C, 2I, 3C, 4C, 6C and 7H
   • Insurance premium budget increased per Stern Agency Inc. renewal proposal dated January 25, 2021; supplies capped at $500 per month and extermination at $175 per month; total first-year expenses unchanged
   • Sponsor holds Unsold Shares for 24 listed apartments and no longer has a designee on the Board; five shareholder-elected directors are named
   • Storage closet sizes corrected in the Description of Property and Specifications
   • Cellar floor plans revised, and floor plans for Apartments 2A, 3A, 5A and 6A revised to show layout differences

1. Amendment 1 __________, 2020

   The amendment declares the Plan effective after purchase agreements were accepted for 37 apartments (65% of those offered), reports the Final Certificate of Occupancy, and revises the Description of Property and Specifications, including kitchen appliance model numbers.

   • Plan declared effective: purchase agreements accepted for Shares allocated to 37 Apartments, 65% of Apartments offered
   • Sponsor's Affidavit Regarding Plan Effectiveness attached as Exhibit I; Plan was accepted for filing by the NYS Department of Law on April 1, 2020
   • Final Certificate of Occupancy obtained July 20, 2020 (Exhibit II)
   • Description of Property and Specifications revised to correct discrepancies with the Plan (Exhibit III)
   • Model numbers for kitchen appliances installed in each Apartment revised
   • Architect's Certification attached with the revised Description of Property and Specifications
   • No other material changes to the Plan

Summarized from the amendments' text (scanned ones read with OCR); the filings themselves are on the Attorney General's site.