September 10, 2019
Notice is hereby given of a public hearing to be held by the Texas State Affordable Housing Corporation (the “Issuer”) on the proposed issuance by the Issuer of one or more series of multifamily housing revenue bonds (the “Bonds”) to provide financing for the acquisition, construction and equipping of qualified residential rental housing projects under Section 142(a)(7) of the Internal Revenue Code (the “Projects”), as well as to fund any working capital for the Projects, any reserve funds and cost of issuance for the Bonds.
The hearing will be held at the following date, time and location:
September 18, 2019 at 1:00 p.m.
Community Room of The Village Apartments
517 School Street
Tomball, TX 77375
The Projects are located at:
|
|
|
|
Maximum Stated |
|---|---|---|---|
|
Brush Country Cottages |
500 Cross Creek |
HVM BP Dilley Ret., LLC |
$1,325,000 |
|
Chula Vista |
201 Springfield Road |
HVM BP San Diego, LLC |
$2,255,000 |
|
Cielo Lindo Apartments |
402 Hinojosa Drive |
HVM BP Edcouch II, LLC |
$1,535,000 |
|
La Estancia |
366 East 8th Street |
HVM BP Sebastian I, LLC |
$1,535,000 |
|
La Posada Apartments |
901 N. Lamar Street |
HVM BP Elsa, LLC |
$3,075,000 |
|
La Reina Apartments |
600 Sauz Street |
HVM BP La Villa, LLC |
$1,315,000 |
|
La Sombra |
519 North Main Street |
HVM BP Donna Ret., LLC |
$2,275,000 |
|
Las Palmas Apartments |
27745 S. Kansas City Rd. |
HVM BP La Feria III, LLC |
$1,575,000 |
|
Leuty Avenue Apartments |
909 West 7th Street |
HVM BP Justin, LLC |
$1,465,000 |
|
Los Laureles |
1100 East Santa Rosa |
HVM BP Edcouch I, LLC |
$1,325,000 |
|
Los Naranjos Apartments |
210 North Eagle Pass St. |
HVM BP Alton Ret., LLC |
$1,275,000 |
|
Oak Haven Apartments |
513 East Frontage Road |
HVM BP Donna II, LLC |
$1,165,000 |
|
Raintree Apartments |
650 Raintree Street |
HVM BP Alamo I, LLC |
$1,515,000 |
|
Seagraves Garden Apartments |
1100 12th Street |
HVM BP Seagraves, LLC |
$1,625,000 |
|
Silver Trail |
403 Mesquite Street |
HVM BP Menard Ret., LLC |
$1,265,000 |
|
The Village Apartments |
517 School Street |
HVM BP Tomball Cong., LLC |
$2,855,000 |
|
Valley View Apartments |
513 N. Pecan Creek Trail |
HVM BP Valley View, LLC |
$1,395,000 |
|
Villa Vallarta |
600 Fairgrounds Road |
HVM BP Rio Grande City I, LLC |
$1,705,000 |
|
Vista Verde |
404 Medina Street |
HVM BP Cotulla, LLC |
$1,235,000 |
|
Willowick Apartments |
1501 Newland Drive |
HVM BP Gainesville, LLC |
$3,145,000 |
|
Windmill Apartments |
550 N. Montgomery Ave. |
HVM BP Giddings, LLC |
$1,425,000 |
|
Windwood |
100 Windwood Drive |
HVM BP Kingsland, LLC |
$2,835,000 |
The maximum stated face amount of the Bonds to be issued with respect to the Project is $39,120,000.
All interested persons are invited to attend the public hearing to express verbally, or in writing, their views on the issuance of the Bonds. The Bonds shall not constitute or create an indebtedness, general or specific, or liability of the State of Texas, or any political subdivision thereof. The Bonds shall never constitute or create a charge against the credit or taxing power of the State of Texas, or any political subdivision thereof. Neither the State of Texas, nor any political subdivision thereof shall in any manner be liable for the payment of the principal of or interest on the Bonds or for the performance of any agreement or pledge of any kind which may be undertaken by the Issuer, and no breach by the Issuer of any agreements will create any obligation upon the State of Texas, or any political subdivision thereof.
Further information with respect to the proposed Bonds will be available at the hearing or upon written request prior thereto addressed to the Issuer at Texas State Affordable Housing Corporation, 2200 East Martin Luther King Jr. Boulevard, Austin, Texas 78702, Attention: David W. Danenfelzer, (512) 477-3562.
Individuals who require auxiliary aids in order to attend this meeting should contact Rebecca DeLeon, at (512) 477-3555 at least two days before the meeting so that appropriate arrangements can be made.
Individuals may transmit written testimony or comments regarding the subject matter of this public hearing to David Danenfelzer at [email protected].
David Danenfelzer
Senior Director of Development Finance Programs
Texas State Affordable Housing Corporation
2200 East Martin Luther King Jr. Boulevard
Austin, Texas 78702
