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: Colony Lakes Apartments, a 220-unit multifamily residential rental development located on or about 1500 E. Mowry Drive, Homestead, Miami-Dade County, Florida 33033. The owner and operator of the development is Colony Lakes Preservation, L.P., 60 Columbus Circle, New York, New York 10023 or such successor in interest in which Colony Lakes Developer, LLC, or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is TRG Management Company of Florida, 444 Brickell Avenue, #200, Miami, Florida 33131. The tax-exempt bond amount is not to exceed $9,750,000. 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), June 14, 2010, and should be addressed to the Attention: 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.