File #: 16-2630   
Type: Regular Item Status: Agenda Ready
In control: Board of Commissioners
On agenda: 3/16/2020 Final action:
Title: Public Hearing and Approval of Proposed Issuance by the Housing Authority of the County of Wake of not to Exceed $4,850,000 in Multifamily Housing Revenue Bonds (Crestfield Apartments), Series 2020
Attachments: 1. Wake County Housing Authority TEFRA Hearing & Resolution - Item Summary 20200316.pdf, 2. WCHA - Crestfield Apts - Presentation for County Commissioners.pdf, 3. Attachment 1 - TEFRA Approval Requirement.pdf, 4. Attachment 2 - Development Description .pdf, 5. Attachment 3 - Notice of Public Hearing.pdf, 6. Attachment 4 - Authorizing Resolution Town of Wendell dtd 20200127.pdf, 7. Attachment 5 - Prelim Approving Resolution WC Housing Authority dtd 20181114.pdf, 8. Attachment 6 - Draft BOC Authorizing Resolution; Certificate of Public Hearing.pdf

Title

Public Hearing and Approval of Proposed Issuance by the Housing Authority of the County of Wake of not to Exceed $4,850,000 in Multifamily Housing Revenue Bonds (Crestfield Apartments), Series 2020

Recommended Action

That the Board of Commissioners:

 

1.                     Conducts a public hearing; and

 

2.                     Adopts a resolution approving the issuance by the Housing Authority of the County of Wake (the "Authority") of not to exceed $4,850,000 in Multifamily Housing Revenue Bonds (Crestfield Apartments), Series 2020, for purposes of meeting the requirements of the Internal Revenue Code of 1986, as amended (the “Code”).