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Notice of Public Hearing | Valley Brook, Birmingham

May 14, 2019

Alabama Housing Finance Authority (the "Authority") hereby gives notice of its intention to conduct a public hearing for the purpose of receiving comments from any interested person regarding the plans of the Authority to amend documents relating to its Multi-Family Housing Revenue Bonds (Valley Brook Apartments Project), 2017 Series A, issued in the original principal amount of $12,460,000 and, upon the date of the said amendments, the maximum principal amount of the bonds outstanding will be $12,247,048.69, which are exempt facility bonds under Section 142(a)(7) of the Internal Revenue Code, the proceeds of which were used to finance a qualified residential rental project of 240 units known as the Valley Brook Apartments located at 2969 Gallant Drive, Birmingham, Alabama; the owner of the project is Steele Valley Brook LLC, an Alabama limited liability company.

NOTICE IS HEREBY GIVEN, that a public hearing concerning amendment of such documents, the bonds and the project will be held by the Authority at 10:00 a.m. on May 22, 2019, at the offices of the Authority, 7460 Halcyon Pointe Drive, Suite 200, Montgomery, Alabama.  All interested parties are invited to attend in person or to submit comments in writing prior to the date of the hearing in care of Robert Strickland, Executive Director, Alabama Housing Finance Authority, 7460 Halcyon Pointe Drive, Suite 200, Montgomery, Alabama 36117.

Robert Strickland, Executive Director
Alabama Housing Finance Authority