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NOTICE OF PUBLIC HEARING CONCERNING ISSUANCE OF BONDS OR OTHER OBLIGATIONS TO FINANCE RESIDENTIAL RENTAL HOUSING PROJECTS

Notice is hereby given that the Housing Opportunities Commission of Montgomery County Maryland (“HOC”) will conduct a public hearing at 12:00 pm on Friday, April 10, 2020 via WebEx online event and teleconference.

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 or other costs of the multifamily residential rental housing projects listed below (the “Projects”) in an amount not to exceed the maximum aggregate amount of private activity bond obligations to be issued for such Projects 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 the above address 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

Bauer Park Apartments

142

14635, 14639, 14643 Bauer Drive
Rockville, MD 20853
Montgomery County

HOC, Victory Housing, Inc.

$25,791,000

Westside Shady Grove Apartments

266

Gramercy Blvd and Columbus Ave
Rockville, MD 20855

HOC

$100,000,000

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 the Projects being financed. Oral comments may be given using the provided web or telephone instructions below during the hearing. Oral comments will be limited to presentations of no more than five (5) minutes per person.

Written comments should be received by HOC via mail or email on or before 10:00 am on April 10, 2020 and should be submitted to Vivian Benjamin, Assistant Director of Mortgage Finance, at the address above or This email address is being protected from spambots. You need JavaScript enabled to view it..  
April 3, 2020.

NOTICE OF PUBLIC HEARING CONCERNING ISSUANCE OF BONDS OR OTHER OBLIGATIONS TO FINANCE RESIDENTIAL RENTAL HOUSING PROJECTS

April 10, 2020
12:00 pm

Hearing Participation Instructions

Due to the stay-home directive issued by the Governor of the State of Maryland and the general advisory to participate in social distancing, HOC will conduct its April 10, 2020 public hearing concerning issuance of bonds or other financial obligations to finance residential rental housing projects via an online platform and teleconference call-in number. HOC’s normal meeting location (10400 Detrick Avenue, Kensington, MD 20895) will be closed to the public. Instead, the public will be able to observe and participate in the hearing via the online platform or teleconference call. Both of these platforms will allow the public to have meaningful access to the public hearing.

Participate via web:

  1. Click on the link below or copy and paste into your web browser

https://hocmc.webex.com/hocmc/onstage/g.php?MTID=eb73a92df3faec989f42fda0a2aa4c453

  1. On the “Event Information” page, enter your First name, Last name, and Email address and click “Join Now.”
  1. All attendees will enter the public hearing on “mute”.

Participate via telephone:

  1. Dial: 408-418-9388
  1. When prompted, enter the meeting ID: 717168725#
  1. Enter “#” again when prompted.
  1. All attendees will enter the public hearing on “mute”.