Subject


To conduct a TEFRA hearing concerning the potential future issuance by Florida Housing of tax-exempt bonds in an aggregate face amount not to exceed $2,700,000 for the purpose of refunding the $2,700,000 Florida Housing Finance Corporation Taxable Multifamily Mortgage Revenue Bonds 2002 Series K-2 (Tuscany Lakes) issued to finance a portion of the cost of the acquisition and construction of the multifamily residential rental development described below: Tuscany Lakes Apartments, a 348-unit multifamily residential rental development located at 3550 58th Place, Ellenton, Manatee County, Florida 34222. The owner and operator of the development is Tuscany Lakes, Ltd., 2950 SW 27th Avenue, Miami, FL 33133, or such successor in interest in which The Carlisle Group, Inc., or an affiliate thereof, is a managing member, general partner and/or controlling stockholder. The manager of the development is Carlisle Property Management, Inc., 2950 SW 27th Avenue, Miami, FL 33133. 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), October 10, 2006, 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.