Galveston Housing Authority

Galveston Public Facility Corporation 4700 Broadway Galveston, Texas 77551 NOTICE OF PUBLIC HEARING GALVESTON PUBLIC FACILITY CORPORATION MULTIFAMILY HOUSING REVENUE BONDS (THE OLEANDERS AT BROADWAY) SERIES 2020 Notice is hereby given of a public hearing to be held by the Galveston Public Facility Corporation (the “Issuer”), on Monday, November 16, 2020, at 5:30 p.m., via telephonic conferencing at dial-in number 1-844-854-2222 Access Code 527519# or video conferencing at https://join.freeconferencecall.com/info02973, with respect to an issue of multifamily housing revenue bonds (the “Bonds”), to be issued by the Issuer in one or more series of tax-exempt bonds in an aggregate principal amount not to exceed $51,757,648. The proceeds of the Bonds will be loaned to The Oleanders at Broadway, LP (or a related person or affiliate thereof, the “Borrower”), to finance a portion of the costs of development and construction of a multifamily residential rental development known as The Oleanders at Broadway (the “Development”), containing approximately 348 units and to be located at 5228 Broadway, Galveston, Texas 77551. The Development will be initially owned by the Borrower. All interested persons are invited to virtually attend such public hearing to express their views with respect to the Development and the issuance of the Bonds or submit comments in advance of the hearing at info@ghatx.org . Questions or requests for additional information may be directed to Mona Purgason, Executive Director, Galveston Housing Authority, 4700 Broadway St., Galveston, Texas 77551 or (409) 765-1900. Persons who intend to virtually appear at the hearing and express their views are invited to contact Mona Purgason in writing or by telephone in advance of the hearing. Any interested persons unable to attend the hearing may submit their views in writing via email to Mona Purgason at info@ghatx.org prior to the date scheduled for the hearing. This notice is published and the above-described hearing is to be held in satisfaction of the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the public approval prerequisite to the exclusion from gross income for federal tax purposes of the interest on the Bonds, other than any taxable bonds. Posted by Rose D'Ambra City Secretary Office 11-02---11:30am