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RIDGEVIEW COMMONS UPDATE DECEMBER 2018 • Apartment Turnover The year has ended in a flurry of activity. For December, we had seven (7) units in various stages of turnover, in addition to two (2) new lease signings. We had six (6) residents leave RVC. Three (3) of the residents moved to assisted care, and unfortunately, we had three (3) residents unexpectedly pass away. Four (4) of the apartments will require a full rehab, and the other units just needed touch - up paint and carpet cleaning. • Cal Building System Inspection The quarterly alarm notification system was inspected in December. Cal Building Systems inspects the sprinkler system and the alarms that notify them if a problem exists. All alarm notification systems are in proper working order. • 5 Year TCAC Inspection Our 5 Year TCAC inspection and file audit took place December 11th. Twenty (20) apartments, and twenty (20) resident files were selected at random for a physical inspection and audit. This exercise insures that the property, and our files continue to follow the required rules and procedures for compliance of a "tax credit" property. The audit findings are released within 30 — days of audit. As always, our campus, our procedures, and files are up to date and ready for inspection. • Resident Holiday Party The annual resident's holiday party took place on Sunday, December 16th. The festivities included a catered lunch from Strizzi's Restaurant, and a performance from Broadway Chorus. Approximately 120 residents attended. Thanks to all the volunteers, and the Activity Committee for planning this event.