Subject


Concerning Issuance of Bonds to Finance Multifamily Residential Rental Developments 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 conduct a TEFRA hearing concerning the potential future issuance of tax-exempt bonds by Florida Housing to finance the acquisition, construction or rehabilitation of the following multifamily residential rental development in the aggregate face amount, not to exceed the amount listed below: Meetinghouse at Zephyrhills, a 160-unit multifamily residential rental development located on Wire Road approximately 1100 feet north of the southwest corner of the intersection of Daughtery Road and Wire Road, Zephyrhills, Pasco County, FL 33541. The prospective owner and operator of the proposed development is Finlay Interests 13, Ltd, 4300 Marsh Landing Boulevard, Suite 101, Jacksonville Beach, FL 32250, or such successor in interest in which Finlay Development of Florida, LLC, or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Finlay Management, Inc., 4300 Marsh Landing Boulevard, Suite 101, Jacksonville Beach, FL 32250. The total tax-exempt bond amount is not to exceed $17,500,000. 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), June 2, 2008, 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.