Legislation Details

File #: 16-6825   
Type: Consent Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 1/20/2026 Final action:
Title: Proposed TEFRA Issuance by the Housing Authority of the County of Wake of Not to Exceed $40,000,000 Multifamily Housing Revenue Bonds for Bennett Apartments North
Attachments: 1. 20260120 - WCHA TEFRA Hrg for Bennett Apts North - Item Summary.pdf, 2. Presentation.pdf, 3. 20260120 - Attachment 1 - TEFRA Approval Requirement & Adopted County TEFRA Policy.pdf, 4. 20260120 - Attachment 2 - Desription of Development.pdf, 5. 20260120 - Attachment 3 - Prelim Approving Resolution by WCHA.pdf, 6. 20260120 - Attachment 4 - Notice of Public Hearing to be held by WCHA.pdf, 7. 20260120 - Attachment 5 - Certificate and Summary of Public Hearing.pdf, 8. 20260120 - Attachment 6 - Draft Authorizing Resolution Town of Garner.pdf, 9. 20260120 - Attachment 7 - Wake County draft Authorizing Resolution.pdf
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Title

Proposed TEFRA Issuance by the Housing Authority of the County of Wake of Not to Exceed $40,000,000 Multifamily Housing Revenue Bonds for Bennett Apartments North

Recommended Action

That the Board of Commissioners adopts a resolution approving the issuance by the Housing Authority of the County of Wake (the "Authority") of not to exceed $40,000,000 Multifamily Housing Revenue Bonds for Bennet Apartments North, for purposes of meeting the requirements of the Internal Revenue Code of 1986, as amended (the “Code”).