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: Cutler Meadows Apartments, a 150-unit multifamily residential rental development located at 11240 and 11280 SW 196th Street, Miami, Miami-Dade County, FL 33157 and Cutler Glen Apartments, a 75-unit multifamily residential rental development located at 11100 SW 196th Street, Miami, Miami-Dade County, FL 33157 to be known collectively as Cutler Meadows Apartments. The prospective owner and operator of the proposed development is POAH Cutler Meadows LLC, 40 Court Street, Suite 650, Boston, MA 02108 or such successor in interest in which Preservation of Affordable Housing, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The prospective manager of the proposed development is Preservation Housing Management, 3100 Broadway, Suite 1234, Kansas City, MO 64111. The total tax-exempt bond amount is not to exceed $16,400,000. 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 16, 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.