Legal Notice Notice of Public Hearing on
LEGAL NOTICE NOTICE OF PUBLIC HEARING ON THE PROPOSED REISSUANCE BY THE URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA OF ITS TAX-EXEMPT MULTIFAMILY HOUSING REVENUE NOTES IN ONE OR MORE SERIES HAVING AN AGGREGATE PRINCIPAL AMOUNT OF NOT TO EXCEED $12,000,000 TO FINANCE A MULTIFAMILY HOUSING RENTAL DEVELOPMENT TO BE OWNED AND OPERATED BY LAKEWOOD SENIOR I, LP YOU ARE HEREBY NOTIFIED, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), that a public hearing will be held by or on behalf of the Urban Residential Finance Authority of the City of Atlanta, Georgia (the "Authority") at its offices at 133 Peachtree Street NE, Suite 2900, Atlanta, Georgia 30303, on the 10th day of July, 2025, at 9:30 a.m., concerning a proposed refunding and reissuance pursuant to a plan of finance by the Authority of its tax-exempt multifamily housing revenue notes in one or more series in an aggregate principal amount not to exceed $12,000,000 (the "Notes"). The proceeds of the sale of the Notes, when and if issued, are to be used to refund and reissue a loan to Lakewood Senior I, LP, a Georgia limited partnership (the "Borrower"), which was originally issued to finance a portion of the cost of the acquisition, construction and equipping by the Borrower of a multifamily housing rental development consisting of approximately 160 apartment units located at 1265 Lakewood Avenue SE, Atlanta, Georgia 30315 (the "Project"). The Borrower is the owner of the Project. The proposed Notes will be a limited obligation of the Authority and will not be an obligation of the City of Atlanta, Georgia or of the State of Georgia, or of any county, municipal corporation or political subdivision of the State of Georgia. The proposed Notes will not be paid from taxes but will be payable by the Authority solely from amounts to be paid or provided by the Borrower and NO PERFORMANCE AUDIT OR PERFORMANCE REVIEW SHALL BE CONDUCTED WITH RESPECT TO SUCH BOND ISSUE. Any person wishing to express views on the proposed reissuance of the Notes, the plan of financing or the location or nature of the Project or plan of financing may be heard at such public hearing at the above address of the Authority, or by submitting written comments prior to the date scheduled for the hearing to: Christa L. Freeman, Esq., Urban Residential Finance Authority of the City of Atlanta, Georgia, c/o Invest Atlanta, 133 Peachtree Street NE, Suite 2900, Atlanta, Georgia 30303. All written comments will be made available for review by all parties attending the public hearing. URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA 7-3-25
July 3, 2025
July 10, 2025
July 3, 2025 8:10pm