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Housing Finance Authority

 
Leon County Workers

The mission of the HFA is to consider opportunities that increase the availability of affordable housing in Leon County. This includes financing for owner-occupied single-family and multi-family housing units (townhouses and condominiums) and the sale of taxable bonds once approved by the Leon County Board of County Commissioners. The HFA receives revenue in the form of fees from the sale of tax bonds, program participation fees and lien payoffs from housing rehabilitation projects.


NOTICE OF PUBLIC HEARING CONCERNING THE HOUSING FINANCE AUTHORITY OF LEON COUNTY, FLORIDA'S PROPOSED ISSUANCE OF ITS MULTIFAMILY HOUSING REVENUE BONDS, IN AN AGGREGATE AMOUNT OF NOT TO EXCEED $35,000,000

Public Notice is hereby given that on September 25, 2023, at 10:00 A.M., or as soon thereafter as practicable, that the Housing Finance Authority of Leon County, Florida (the "Authority") will cause a public hearing to be conducted at 615 Paul Russell Road, small conference room, Tallahassee, Florida, and via the following toll-free telephonic conference line in lieu of physical presence at the public hearing:

DIAL IN NUMBER: (877) 304-9269
PARTICIPATION CODE: 554542

in accordance with the Tax Equity Fiscal Responsibility Act ("TEFRA") on the proposed issuance by the Authority of its Multi-Family Housing Revenue Bonds, in the aggregate principal amount of not to exceed $35,000,000 for purposes of financing the Project referenced below. The proceeds of such bonds will be used to finance the acquisition, construction, and equipping of the following Project located at the following location in Leon County, Florida:

 

Owner: ECG LAKE BRADFORD, LP
Project Name: LAKE BRADFORD APARTMENTS
Location: 1131 & 1139 Kissimmee Street, Tallahassee, Florida 32310
No. of Units: 156
Aggregate principal amount of tax exempt Bonds: not exceeding $35,000,000

 

If any member of the general public wishes to be heard at the hearing, he or she may do so by participating on the call or in person at the time set forth above or by submitting their views in writing delivered at least 24 hours prior to the date and time of the meeting set forth above to Mark Hendrickson, Administrator to the Authority at mark@thehendricksoncompany.com.

The purpose of the public hearing is to afford members of the general public an opportunity to be heard with respect to the proposed issuance of the Bonds by the Authority.

All interested parties are invited to attend and present their comments at the time and in the manner set forth above.

In accordance with the Americans with Disabilities Act, persons with disabilities needing special assistance accommodations to participate in this proceeding should contact Mr. Mark Hendrickson, no later than two (2) days prior to the hearing at telephone number (850) 671-5601 for assistance; if hearing impaired, telephone the Florida Relay Service Numbers at (800) 955-8771 (TDD) or (800) 955-8700 (VOICE) for assistance.

IF ANY PERSON WISHES TO APPEAL ANY DECISION MADE BY THE AUTHORITY WITH RESPECT TO ANY MATTER CONSIDERED AT THIS HEARING, HE OR SHE WILL NEED A RECORD OF THE PROCEEDINGS, AND FOR SUCH PURPOSE, HE OR SHE MAY NEED TO ENSURE THAT A VERBATIM RECORD OF THE PROCEEDINGS IS MADE, WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS MADE.

HOUSING FINANCE AUTHORITY OF LEON COUNTY, FLORIDA


The Housing Finance Authority (HFA) is a seven member, dependent special district. Since its creation, the HFA has issued or joined with other counties to issue single-family mortgage revenue bonds. This year the HFA recommended to the County to continue its ten-year association with Escambia County Housing Finance Authority to issue bonds, using the combined allocations of many counties to maximize funds, obtain the lowest possible interest rate and allow moving of mortgage fund allocation from one county to another as the need dictates.

Each County Commissioner appoints one member to the Housing Finance Authority. These members volunteer their time, which averages three and a half hours per month. Members are as follows: