To conduct a TEFRA hearing concerning the potential future issuance of tax-exempt bonds by Florida Housing to provide additional financing for the acquisition, construction or rehabilitation of the following multifamily residential rental development in the aggregate face amount, not to exceed the amount listed below: Laurel Villas II, a 78-unit multifamily residential rental development located on or about the northwest corner of the intersection of Euclid Avenue and Garfield Avenue, Deland, Volusia County, Florida 32724. The owner and operator of the development is Laurel Villas Associates II, LLC, 247 N. Westmonte Drive, Altamonte Springs, FL 32714, or such successor in interest in which Picerne Affordable Development, LLC and/or Deland Housing Authority, or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Picerne Management Corporation, 247 N. Westmonte Drive, Altamonte Springs, FL 32714. The tax-exempt bond amount is not to exceed $9,250,000. 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 5:00 p.m. (Tallahassee Local Time), April 26, 2010, and should be addressed to the attention of Len Stirrat, Multifamily Bond Administrator. 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.