Massachusetts Development Finance Agency meeting

The Bonds will be issued to provide for the financing and/or refinancing of, and the reimbursement of funds advanced by Roadway Apartments LLC (the “Borrower,” which term includes for purposes of this Notice any parent, subsidiary or other affiliate thereof) with respect to certain facilities owned or to be owned and operated by the Borrower (including without limitation such financing, refinancing or reimbursement of bond reserves, capitalized interest, issuance costs and associated working capital expenditures), generally consisting of acquisition, rehabilitation (including without limitation acquisition and installation of fixtures), furnishing and equipping of an existing 69 room motel facility located on a 3.34 acre site located at 1005 Belmont Street, Brockton, MA 02301, such that said facility will be converted to a 69 unit single occupancy facility to serve the homeless and known as Roadway Apartments (collectively, the “Project”).

The Bonds, which will constitute exempt facility bonds for a qualified residential project within the meaning of Sections 142(a)(7) and 142(d)(1) of the Code (namely, the Project), will not constitute a general obligation of, or a pledge of the faith and credit of the Issuer or a general obligation of, or a debt or pledge of the faith and credit of the Commonwealth.

Interested persons wishing to express their views on such Project and the proposed issuance of revenue bonds to finance and refinance the costs of such Project will be given the opportunity to do so at the public hearing or may, prior to the time of the public hearing, submit their views in writing to Massachusetts Development Finance Agency, 99 High Street, 11th Floor, Boston, Massachusetts 02110. Persons desiring to participate at the telephonic public hearing must make a written request at least 24 hours prior to the hearing by email to tefrahearinginfo@massdevelopment.com or by mail to MassDevelopment, 99 High Street, Boston, MA 02110, Attn:  TEFRA Hearings.

MASSACHUSETTS DEVELOPMENT FINANCE AGENCY