(a)
(2) Information provided under paragraph (1) by a landlord shall include the following:
(A) A comprehensive summary of the landlord's financial performance.
(B) The amount of base management fees relating to all housing units provided by the landlord.
(C) The amount of asset management fees relating to such housing units.
(D) The amount of preferred return fees relating to such housing units.
(E) The residual cashflow distributions relating to such housing units.
(F) The amount of deferred fees or other fees relating to such housing units.
(3) In this subsection:
(A) The term "base management fees" means the monthly management fees collected for services associated with accepting and processing rent payments, ensuring tenant rent payments, property inspections, maintenance management, and emergency maintenance calls.
(B) the term "asset management fees" means fees paid to manage a housing unit for the purpose of ensuring the housing unit is maintained in good condition and making repairs over the lifecycle of the housing unit.
(C) the term "preferred return fees" means fees associated with any claims on profits furnished to preferred investors with an interest in the housing unit.
(D) the term "residual cashflow distribution" means the steps a specific housing project takes to restructure after it is determined that the project is in an unacceptable financial condition.
(E) the term "deferred fee" means any fee that was not paid to a person in a calendar year in order to meet other financial obligations of the landlord.
(b)
(2) The information provided under paragraph (1) shall include, with respect to each contract, the following:
(A) The applicable incentive fees.
(B) The metrics used to determine the incentive fees.
(C) Whether incentive fees were paid in full, or were withheld in part or in full, during the period covered by the release of information.
(D) If any incentive fees were withheld, the reasons for such withholding.
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