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: Heritage Villas, a 116-unit multifamily residential rental development consisting of twenty buildings located on approximately 7.24 acres with a street address of 4440 43rd Avenue and 4049 44th Manor, Vero Beach, Indian River County, Florida 32967. The prospective owner and operator of the proposed development is Indian River RDA, LP, 7865 Southside Blvd., Jacksonville, FL 32256, or such successor in interest in which Sanford L. Seligman, or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Dimension One Management, Inc., 7865 Southside Blvd., Jacksonville, FL 32256. The total tax-exempt bond amount is not to exceed $5,100,000. 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), May 21, 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.