Subject


Notice is hereby given that the Florida Housing Finance Corporation (“Florida Housing”) will conduct a public hearing in accordance with the Tax Equity and Fiscal Responsibility Act of 1982 (“TEFRA”) to which all interested persons are invited. To conduct a TEFRA hearing concerning the potential future issuance of bonds by Florida Housing to refund the $35,785,000 Florida Housing Finance Corporation Multifamily Housing Revenue Bonds (Augustine Club, Woodlake at Killearn and Plantations of Killearn) 2000 Series D issued to finance the acquisition and construction of the following multifamily residential rental developments in the aggregate face amount, not to exceed the amount listed below: Augustine Club, a 222-unit multifamily residential rental development located at 2001 Old Saint Augustine Rd, Tallahassee, Leon County, FL 32301. The owner and operator of the development is TCB Tallahassee Augustine, LLC, 95 Berkeley Street, Suite 500, Boston, MA 02116, or such successor in interest in which The Community Builders, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The manager of the development is Pinnacle Realty Management Company, 2305 Killearn Blvd., Tallahassee, FL 32308. Plantations at Killearn, a 184-unit multifamily residential rental development located at 2305 Killearn Blvd., Tallahassee, FL 32308. The owner and operator of the development is TCB Tallahassee Plantations, LLC, 95 Berkeley Street, Suite 500, Boston, MA 02116, or such successor in interest in which The Community Builders, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The manager of the development is Pinnacle Realty Management Company, 2305 Killearn Blvd., Tallahassee, FL 32308. Woodlake at Killearn, a 352-unit multifamily residential rental development located at 1555 Delaney Dr., Tallahassee, FL 32308. The owner and operator of the development is TCB Tallahassee Woodlake, LLC, 95 Berkeley Street, Suite 500, Boston, MA 02116, or such successor in interest in which The Community Builders, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The manager of the development is Pinnacle Realty Management Company, 2305 Killearn Blvd., Tallahassee, FL 32308. The total tax-exempt bond amount is not to exceed $41,500,000. 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 5:00pm (Tallahassee local time), April 16, 2007, and should be addressed to the attention of Wayne Conner, Deputy Development Officer. 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.