The public hearing will concern the plan of financing, including the loans funded from the proceeds of private activity bonds issued by HOC, for financing the acquisition, construction, renovation, rehabilitation and/or other costs of the multifamily residential rental housing project(s) listed below (respectively, the “Project”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Project as set forth below (or refunding of any obligation by other obligations in amounts up to such maximum aggregate principal amount.)

Additional information relating to the bonds to be issued and each Project is available by writing Vivian Benjamin at vivian.benjamin@hocmc.org or calling 240-627-9590.

Name of Project	Number of Units in Project	Prospective Location by Street Address	Initial Owner, Operator or Manager	Maximum Aggregate Amount of Obligations to be Issued
The Upton II	150	198 East Montgomery Ave., Rockville, MD 20850	HOC at The Upton II, LLC, a Maryland limited liability company, the managing member of which is directly or indirectly owned or controlled by HOC	$29,000,000

 

All interested parties are invited to submit written comments or present oral comments at the public hearing regarding the issuance of bonds, notes, or other obligations of HOC for each Project being financed. Oral comments may be given telephonically during the hearing using the following telephone number and pin.  Oral comments will be limited to presentations of no more than five (5) minutes per person. Written comments should be received by HOC on or before 1:00 p.m. on September 26, 2022, and should be submitted to Vivian Benjamin, Assistant Director of Federal Financing, 10400 Detrick Avenue, Kensington, Maryland 20895 or vivian.benjamin@hocmc.org.

 

To participate via telephone:

Dial in: 877-692-6746, and enter meeting id 7287#, when prompted.

 

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