The Residences at Arbor Oaks Public Hearing, May 27, 2021
Harris County Housing Authority2021-07-23T06:26:43-05:00NOTICE OF PUBLIC HEARING
HARRIS COUNTY HOUSING AUTHORITY PUBLIC FACILITY CORPORATION
MULTIFAMILY HOUSING REVENUE BONDS
(THE RESIDENCES AT ARBOR OAKS) SERIES 2021
Notice is hereby given of a public hearing to be held by the Harris County Housing Authority Public Facility Corporation (the “Issuer”), on Thursday, May 27, 2021, at 5:30 p.m. via videotelephony conferencing (access information outline below), with respect to an issue of multifamily housing revenue bonds (the “Bonds”), to be issued by the Issuer in one or more series of tax-exempt bonds in an aggregate principal amount not to exceed $20,000,000. The proceeds of the Bonds will be loaned to The Residences at Arbor Oaks, L.P. (or a related person or affiliate thereof, the “Borrower”), to finance a portion of the costs of development and construction of a multifamily residential rental development known as Residences at Arbor Oaks (the “Development”), containing approximately 192 units and to be located near the southwest corner of the intersection of Grant Road and Jones Road (near the SW Corner), Houston ETJ, Harris County, Texas 77070. The Development will be initially owned by the Borrower.
All interested persons are invited to attend such public hearing to express their views with respect to the Development and the issuance of the Bonds or submit comments in advance of the hearing at [email protected]. Questions or requests for additional information may be directed to Horace Allison, Secretary HCHAPFC, 1933 Hussion St., Building #3, Houston, Texas 77003, via email at [email protected], or via phone at (713) 669-4572.
Persons who intend to attend the hearing and express their views are invited to contact Horace Allison in writing or by telephone in advance of the hearing. Any interested persons unable to attend the hearing may submit their views in writing to Horace Allison at [email protected] prior to the date scheduled for the hearing.
This notice is published, and the above-described hearing is to be held in satisfaction of the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the public approval prerequisite to the exclusion from gross income for federal tax purposes of the interest on the Bonds, other than any taxable bonds.
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