26745051 - Florida Administrative Rules, Law, Code, Register

Florida Department of State and Division of Library and Information Services


Notice: 26745051
Notice of Meeting/Workshop Hearing

Department:	FLORIDA HOUSING FINANCE CORPORATION


Overview



	The Florida Housing Finance Corporation announces a hearing to which all persons are invited.

DATE AND TIME:	February 1, 2023 at 11:00 a.m. (Tallahassee local time)

PLACE:	The offices of Florida Housing Finance Corporation, 227 North Bronough Street, Suite 5000, Tallahassee, Florida 32301

Subject:	To conduct a TEFRA hearing concerning the potential future issuance of tax-exempt bonds by Florida Housing to provide additional financing for the acquisition, construction, or rehabilitation of the following multifamily residential rental development in the aggregate face amount, not to exceed the amount listed below: The proposed Development is Sovereign at North Bay fka Bid-A-Wee Apartments, a 144-unit multifamily residential rental development located at Florida Avenue, closest to W. 19th Street and Florida Avenue, Panama City, Bay County, FL 32405. The owner and operator of the development is Bid-A-Wee Apartments, LLC, located at 575 Pharr Road NE #550069, Atlanta, GA, 30355, or such successor in interest in which Bid-A-Wee Apartments, LLC, or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Gateway Management Company, LLC, located at 22 Inverness Center Parkway, Suite 222, Birmingham, AL, 35242. The tax-exempt bond amount is not to exceed $30,000,000. All interested parties may present oral comments at the public TEFRA hearing or submit written comments regarding the potential bond issuance for the development being financed. Written comments should be received by Florida Housing by 5:00 PM (Tallahassee local time), January 27, 2023, and should be addressed to the attention of Tim Kennedy, Multifamily Loans and Bonds Director. Any persons desiring to present oral comments should appear at the hearing. If requested in writing, a fact-finding hearing will be held in the county where the property is located. When possible, the local hearing will be held before the formal TEFRA hearing and comments received at the local hearing will be placed on record at the TEFRA hearing. Any person requiring a special accommodation at this meeting because of a disability or physical impairment should contact Tim Kennedy, Multifamily Loans and Bonds Director, Florida Housing Finance Corporation at 850-488-4197 at least five calendar days prior to the meeting. If you are hearing impaired, please contact Florida Housing using the Dual Party Relay System that can be reached at 1-800-955-8770 (Voice) and 1-800-955-8771 (TDD). Any person who decides to appeal any decision made by Florida Housing with respect to any matter considered at this hearing, will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record.


	A copy of the agenda may be obtained by contacting:

PRINT PUBLISH DATE:	1/24/2023 Vol. 49/15


REFERENCE MATERIALS:	No reference(s).

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Overview