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HomeNotice of Public Hearing: TEFRA Maynard Phase I Four Limited Partnership
June 18, 2025
Notice is hereby given that on June 25th, 2025 at 1:00 PM New Hampshire Housing Finance Authority will hold a public hearing at its offices at 32 Constitution Drive, Bedford, NH. The hearing is with respect to the proposed issuance by New Hampshire Housing Finance 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 $29,100,000 (the “Bonds”) (out of a total anticipated project cost of approximately $60,100,000). 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 (by means of long term lease between Nashua Housing and Redevelopment Authority, as lessor and the Project Owner (defined below) of a 7.5 acre site of land located in the areas of Burke Street, Ingalls Street, and Major Drive in the City of Nashua, County of Hillsborough, and State of New Hampshire and the construction, furnishing and equipping on such land of a 133 unit multi-family residential rental housing development (consisting of four buildings with an aggregate square foot building area totaling approximately 158,708 square feet, and 2,675 square feet of commercial space, with all residential units expected to be occupied by tenants having incomes no greater than 60% of the area median income. The owner of the Project will be Maynard Phase 1 Four Limited Partnership, a New Hampshire limited partnership, the general partner of which will be Maynard Phase I Four MM LLC. The Bonds will not be a general obligation of New Hampshire Housing Finance Authority or a pledge of the faith and credit of New Hampshire Housing Finance 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 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 Friday, June 27th, 2025.
For more information, or to send comments as outlined above, contact:
Tom Krebs, Program Manager, Multi-family Underwriting
New Hampshire Housing Finance Authority
32 Constitution Drive
PO Box 5087
Bedford, NH 03110
603-310-9280 (Phone)
603-471-1043 (Fax)
ROBERT DAPICE
Executive Director