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Title Montana Board of Housing - Ponderosa Acres Partners TEFRA Public Hearing
Date 2020/03/20 - 2020/03/20
Time 10:00 AM - 12:00 PM
Location 301 S. Park Avenue, Suite 240 - Helena MT 59601
Contact name Paula Loving
Contact phone (406) 841-2824
Contact email ploving@mt.gov
Event type Legal notices
Event status
Author Paula Loving

NOTICE OF PUBLIC HEARING

MONTANA BOARD OF HOUSING

MULTIFAMILY HOUSING REVENUE BONDS

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 $22,500,000 of its multifamily housing revenue bonds (the “Bonds”), the proceeds of which will be used to accomplish a plan of finance consisting of financing a loan or loans for the acquisition, rehabilitation and equipping of the Ponderosa Acres Apartments, an affordable housing development consisting of 120 units located in Billings, Montana at the following address:

Apartment:

Address

Number of Units:

Ponderosa Acres

1301 Industrial Ave. Billings, MT 59101

120

The owner/borrower will be Ponderosa Acres Partners, L.P., a Montana limited partnership, or another affiliate of Hampstead Development Partners, LLC.

The hearing will be held at 10:00 a.m. on March 20, 2020, 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:  March 12, 2020

MONTANA BOARD OF HOUSING

By:                                                                        

Bruce Brensdal, Executive Director

301 South Park Avenue

Helena, MT  59620

(406) 841-2840

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