Legal Notice: Notice of Public Hearing – Residential Rental Housing Projects
NOTICE OF PUBLIC HEARING CONCERNING ISSUANCE OF BONDS OR OTHER OBLIGATIONS TO FINANCE RESIDENTIAL RENTAL HOUSING PROJECTS
Notice is hereby given that the Community Development Administration (the “Administration”), a unit of the Division of Development Finance of the Maryland Department of Housing and Community Development, will conduct a public hearing at 12:00 pm, on Monday May 6, 2019 at Maryland Department of Housing and Community Development, 7800 Harkins Road, Lanham, Maryland 20706 in Room 364. The public hearing will concern the plan of financing, including the loans funded from the proceeds of private activity bonds issued by the Administration and/or the State of Maryland (the “State”) acting through its Board of Public Works, for financing the acquisition, construction, renovation, rehabilitation or other costs of the multifamily residential rental housing projects listed below (the “Projects”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Projects as set forth below (or refunding of any obligation by other obligations in amounts up to such maximum aggregate principal amount.) Additional information relating to the bonds to be issued and each Project is available by writing Diane Melton at the above address or calling 301-429-7710.
| Name Of Project | Number Units in Project | Prospective Location by Street Address | Initial owner, operator, or manager | Maximum Aggregate Amount of obligations to be issued |
| 1234 McElderry | 104 | 1234 McElderry Street Baltimore, MD 21202 (Baltimore City) |
1234 McElderry LLC | $22,000,000 |
All interested parties are invited to submit written comments or present oral comments at the public hearing regarding the issuance of bonds, notes, or other obligations of the Administration and/or the State for the Projects being financed. Written comments or notice of intent to present oral comments should be received by the Administration on or before, May 5, 2019 and should be submitted to Diane Melton, Housing Development Programs, 7800 Harkins Road, Lanham, Maryland 20706 or diane.melton@maryland.gov. Oral comments will be limited to presentations of no more than five (5) minutes per person.