NOTICE OF PUBLIC HEARING
MONTANA BOARD OF HOUSING
MULTIFAMILY HOUSING REVENUE OBLIGATIONS

NOTICE IS HEREBY GIVEN of the intent of the Montana Board of Housing to hold a public hearing on the Board’s proposed issuance of:
Up to $7,000,000 of its multifamily housing revenue obligations (the “Obligations”), the proceeds of which will be used to finance a loan for the acquisition, construction and equipping of the Red Alder Residences, a 48-unit affordable housing development located at 2200 Henderson Street, Helena, Montana 59601 (the “Project”). The owner/borrower will be Red Alder 4%, LLLP, a Montana registered limited liability limited partnership, or another affiliate of Rocky Mountain Development Council Inc (the “Borrower”).

The hearing will be held at 9:00 a.m. on October 1, 2019, in the office of the Executive director of the Montana Board of Housing located at 301 South Park Avenue, Second Floor, Helena, Montana. Oral comments are limited to five minutes; however, written comments will be accepted and included in the record of the public hearing.

At the time and place fixed for the hearing, all individuals who appear or who attend via conference call will be given an opportunity to express their views for or against the proposal to issue the Obligations, and all written comments previously filed with the Board at its offices at 301 South Park Avenue, Room 240, Helena, Montana, will be considered. To attend the via conference call dial 877-273-4202 and when prompted enter 7233056#. All those who are on the conference call will have the opportunity to offer their comments and concerns.

DATE: September 23, 2019
MONTANA BOARD OF HOUSING
By:
Bruce Brensdal, Executive Director
301 South Park Avenue
Helena, MT 59620
(406) 841-2840