Notice of Public Hearing on the Proposed Issuance

NOTICE OF PUBLIC HEARING ON THE PROPOSED ISSUANCE BY THE URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA OF TAX-EXEMPT MULTIFAMILY HOUSING REVENUE BONDS Notice is hearby given that on the 12th day of November, 2024, at 10:00 a.m., a Public Hearing will be held by or on behalf of the Urban Residential Finance Authority of the City of Atlanta, Georgia (the "Authority"), at the offices of the Authority located at 133 Peachtree Street, NE, Suite 2900, Atlanta, Georgia 30303 concerning (i) the proposed issuance pursuant to a plan of finance by the Authority of its tax-exempt multifamily housing revenue bonds in one or more series in an aggregate principal amount not to exceed $5,000,000 (the "Proposed Bonds"), and (ii) the potential modification of certain terms related to a series of tax-exempt multifamily housing revenue bonds previously issued by the Authority, designated "Urban Residential Finance Authority of the City of Atlanta, Georgia Multifamily Housing Revenue Note (Bridges at Landrum Project), Series 2021 (the "2021 Bonds"). The proceeds of the sale of the 2021 Bonds were used to finance a loan to Landrum Family Development, LP, a Georgia limited partnership (together with its assignees and designees, the "Borrower"), to finance a portion of the costs of the acquisition, construction and equipping by the Borrower of a multifamily housing rental development consisting of approximately 184 apartment units located at 2944 Landrum Drive, S.W., Atlanta, Georgia 30311 (the "Project"). The proceeds of the sale of the Proposed Bonds, when and if issued, are to be used to finance additional costs of the acquisition, construction and equipping by the Borrower of the Project. The Project is owned by the Borrower. The modification, if necessary, would extend the maturity date of the 2021 Bonds and the loan of the proceeds of the sale thereof by an additional six months, to April 7, 2025. The interest rate and other material terms of the 2021 Bonds and the loan of the proceeds of the sale thereof are not being changed. The hearing will be held before Christa Freeman, Esq., designated Hearing Officer, and may be continued or adjourned. The Proposed Bonds will be, and the 2021 Bonds are, a limited obligation of the Authority and the Proposed Bonds will not be, and the 2021 Bonds do not constitute, an obligation of the City of Atlanta, Georgia or of the State of Georgia, or of any county, municipal corporation or political subdivision of the State of Georgia. The Proposed Bonds will not be paid from taxes but will be payable by the Authority solely from amounts to be paid or provided by the Borrower. The 2021 Bonds are not paid from taxes but are payable by the Authority solely from amounts paid or provided by the Borrower. NO PERFORMANCE AUDIT OR PERFORMANCE REVIEW SHALL BE CONDUCTED WITH RESPECT TO THE PROPOSED BONDS. Further information regarding the proposed Bonds and the Project to be financed or the plan of finance is of public record in the office of the Urban Residential Finance Authority of the City of Atlanta, Georgia, 133 Peachtree Street, NE, Suite 2900, Atlanta, Georgia 30303. Any interested person having views on the proposed issuance of the Bonds, the potential modification of the terms of the Series Bonds or the nature or location of the Project may be heard at such public hearing. URBAN RESIDENTIAL FINANCE AUTHORITY OF THE CITY OF ATLANTA, GEORGIA 11-5-24