To conduct a TEFRA hearing concerning the potential future issuance of bonds by Florida Housing to finance the acquisition and rehabilitation of the following multifamily residential rental development in the aggregate face amount, not to exceed the amount listed below: Pinewood Pointe Apartments, a 136-unit multifamily residential rental development located on 1801 Kernan Blvd., S., Jacksonville, Duval County, FL 32246. The prospective owner and operator of the proposed development is SP Pinewood LP, 25400 US Hwy 19 N. Suite 154, Clearwater, FL 33763, or such successor in interest in which Southport Financial Services, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is New Horizons Management, LLC, 78403 Colesville Rd., Suite 400, Silver Springs, MD 20910. The total tax-exempt bond amount is not to exceed $9,700,000. 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.