NOTICE OF TELEPHONIC PUBLIC HEARING BY THE NORTH CAROLINA HOUSING FINANCE AGENCY REGARDING THE FINANCING OF A MULTIFAMILY HOUSING DEVELOPMENT IN THE COUNTY OF PAMLICO, NORTH CAROLINA WITH THE PROCEEDS OF TAX-EXEMPT BONDS
NOTICE IS HEREBY GIVEN to all interested persons that the North Carolina Housing Finance Agency (the “Agency”) has been requested to issue its revenue bonds (the “Bonds”) for the purpose of (a) financing the acquisition, construction, equipping and furnishing by Pamlico Grove Apartments, LLC, a limited liability company created under the laws of the State of North Carolina, or an affiliate thereof (the “Borrower”), of a new multifamily housing development in the County of Pamlico, North Carolina and (b) paying certain fees and expenses incurred in connection with the issuance and sale of the Bonds.
The development to be financed with the proceeds of the Bonds will be an approximately 48-unit multifamily residential complex to be located at approximately 11423 NC Highway 55 in the Town of Grantsboro in the County of Pamlico, North Carolina, to be known as Pamlico Grove Apartments, to be owned by the Borrower. The aggregate principal amount of Bonds to be issued for such development shall not exceed $4,000,000.
The Agency will hold a public hearing with respect to the issuance of its Bonds to finance a portion of the cost of the development on April 29, 2026 at 11:00 am at which time any person may be heard regarding the issuance of the Bonds. The Agency will hold the public hearing by telephonic conference call. Any person wishing to comment on the development and proposed issuance of the Bonds by the Agency may do so by a toll free call to 888-804-1335, conference room 7914140. In addition, any person wishing to comment in writing on the issuance of the Bonds should do so prior to the date of such hearing to Brett Warner, Chief Financial Officer, North Carolina Housing Finance Agency, 3508 Bush Street, Raleigh, North Carolina 27609.
Following the holding of the public hearing, the Agency intends to submit the comments received to the State Treasurer of the State of North Carolina and request approval by the State Treasurer, as the designee of the Governor of the State of North Carolina, of the issuance of the Bonds for the development.
NORTH CAROLINA HOUSING FINANCE AGENCY
By: Brett Warner
Chief Financial Officer
__________________________________________________________________________________________________________________
NOTICE OF TELEPHONIC PUBLIC HEARING BY THE NORTH CAROLINA HOUSING FINANCE AGENCY REGARDING THE FINANCING OF A MULTIFAMILY HOUSING DEVELOPMENT IN THE COUNTY OF HOKE, NORTH CAROLINA WITH THE PROCEEDS OF TAX-EXEMPT BONDS
NOTICE IS HEREBY GIVEN to all interested persons that the North Carolina Housing Finance Agency (the “Agency”) has been requested to issue its revenue bonds (the “Bonds”) for the purpose of (a) financing the acquisition, rehabilitation, equipping and furnishing by Yadkin Trail Housing Partners LP, a limited partnership created under the laws of the State of North Carolina, or an affiliate thereof (the “Borrower”), of an existing multifamily housing development in the City of Raeford, County of Hoke, North Carolina and (b) paying certain fees and expenses incurred in connection with the issuance and sale of the Bonds.
The development to be acquired, rehabilitated, equipped and furnished with the proceeds of the Bonds will be an approximately 48-unit multifamily residential complex located at 158 Yadkin Trail in the City of Raeford in the County of Hoke, North Carolina, known as Yadkin Trail Homes, to be owned by the Borrower. The aggregate principal amount of Bonds to be issued for such development shall not exceed $4,000,000.
The Agency will hold a public hearing with respect to the issuance of its Bonds to finance a portion of the cost of the development on April 29, 2026 at 11:00 am at which time any person may be heard regarding the issuance of the Bonds. The Agency will hold the public hearing by telephonic conference call. Any person wishing to comment on the development and proposed issuance of the Bonds by the Agency may do so by a toll free call to 888-804-1335, conference room 7914140. In addition, any person wishing to comment in writing on the issuance of the Bonds should do so prior to the date of such hearing to Brett Warner, Chief Financial Officer, North Carolina Housing Finance Agency, 3508 Bush Street, Raleigh, North Carolina 27609.
Following the holding of the public hearing, the Agency intends to submit the comments received to the State Treasurer of the State of North Carolina and request approval by the State Treasurer, as the designee of the Governor of the State of North Carolina, of the issuance of the Bonds for the development.
NORTH CAROLINA HOUSING FINANCE AGENCY
By: Brett Warner
Chief Financial Officer