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Notice of Public Hearing Regarding the Issuance of Tax-Exempt Bonds for the Wingate Village Apartments
June 9, 2021
Notice is hereby given that on Monday, June 21, 2021 at 3:00 pm New Hampshire Housing Finance Authority (the “Authority”) will hold a public hearing at its offices at 32 Constitution Drive, Bedford, New Hampshire with respect to the proposed issuance by the Authority, acting under and pursuant to New Hampshire Revised Statutes Annotated Chapter 204-C (the “Act”), of obligations in the maximum aggregate principal amount of $8,500,000 (the “Bonds”) (out of a total anticipated project cost of $13,082,000).
The Bonds are proposed to be issued to provide financing as permitted under the Act for the following multi-family housing project (the “Project”): the acquisition of an existing residential rental multi-family housing development comprised of 100 units in 19 buildings (with the aggregate square feet of the buildings being 123,024 square feet) located on a 10.5 acre site at 103 Blueberry Lane (referred to in the Tax Assessor’s office as Map 395 Block 336 Lot 8) in the City of Laconia, County of Belknap, State of New Hampshire; and rehabilitation of the site, structures and mechanical systems, and with all or substantially all of the units expected to be occupied by tenants having incomes no greater than 60% of area median income. The owner of the Project will be Wingate Village Limited Partnership, a New Hampshire limited partnership, the general partner of which will be Wingate Village GP LLC.
The Bonds will not be a general obligation of the Authority or a pledge of the faith and credit of the Authority or a debt, liability, obligation or pledge of the faith and credit of the State of New Hampshire or any political subdivision thereof.
Written comments will be accepted prior to and for two business days following the public hearing, and must be received by email, fax, or physical delivery no later than 4:30 p.m. on the second business day following the hearing.
For more information, contact:
Jim Menihane, Director, MF Originations & Business Development
New Hampshire Housing Finance Authority
32 Constitution Drive
Bedford, NH 03110