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Title Montana Board of Housing - Arrowleaf Park Apartments & Perennial Park Apartments TEFRA Notice for
Date 2020/10/14 - 2020/10/14
Time 09:00 AM
Location via Phone Call Only
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 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 $30,000,000 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 Arrowleaf Park Apartments, a 136‑unit affordable housing development located at 1619 Tschache Lane, Bozeman, Montana 59715 (the “Project”).  The owner/borrower will be MT Arrowleaf LLLP, a Montana registered limited liability limited partnership, or another affiliate of GMD Development, LLC or HRDC, Inc. (collectively, the “Borrower”). 

Up to $25,000,000 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 Perennial Park Apartments, a 96‑unit affordable housing development located at 1683 Tschache Lane, Bozeman, Montana 59715 (the “Project”).  The owner/borrower will be MT Perennial LLLP, a Montana registered limited liability limited partnership, or another affiliate of GMD Development, LLC or HRDC, Inc. (collectively, the “Borrower”). 

The hearing will be held at 9:00 a.m. on October 14, 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 hearing via conference call dial 877-273-4202 which is toll free and when prompted enter 7233056#.  All those who are on the conference call will have the opportunity to offer their comments and concerns.

  

DATE:  October 6, 2020

MONTANA BOARD OF HOUSING

By:     

 

Ginger Pfankuch, Accounting and Finance Manager

301 South Park Avenue

Helena, MT  59620

(406) 841-2840

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