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 1:00 pm, on Monday, October 26, 2020 via 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 |
|
Westside Shady Grove Apartments |
268 |
8005 Gramercy Boulevard |
HOC at Westside Shady Grove, LLC |
$100,000,000 |
|
Stewartown Homes |
94 |
9310 Merust Lane |
HOC at Stewartown Homes, LLC |
$20,460,000 |
|
Willow Manor at Cloppers Mill |
102 |
18003 Mateny Road |
The Manor at Cloppers Mill, LLC |
$19,000,000 |
|
Willow Manor at Colesville |
83 |
601 East Randolph Road |
The Manor at Colesville, LLC |
$15,000,000 |
|
Willow Manor at Fair Hill Farm |
101 |
18301 Georgia Avenue |
The Manor at Fair Hill Farm, LLC |
$20,000,000 |
|
Shady Grove |
144 |
16125 Crabbs Branch Way |
HOC |
$24,000,000 |
|
Georgian Court |
147 |
3600 Bel Pre Road |
HOC |
$18,000,000 |
|
Hillandale Gateway – Senior |
155 |
10110 New Hampshire Ave |
Hillandale Gateway, LLC |
$48,000,000 |
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 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 October 26, 2020 and should be submitted to Vivian Benjamin, Assistant Director of Mortgage Finance, 10400 Detrick Avenue, Kensington, Maryland 20895 or This email address is being protected from spambots. You need JavaScript enabled to view it..
October 26, 2020
1:00 pm
Participate via telephone:
Dial in: 877-692-6746, and enter code 7287#, when prompted.
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