NOTICE IS HEREBY GIVEN that the Los Angeles County Development Authority (LACDA) will hold a public hearing on December 20, 2022, as required and authorized by Section 147(f) of the Internal Revenue Code of 1986, with respect to a proposed plan of financing providing for the issuance of one or more series of multifamily housing revenue bonds or notes from time to time, including bonds or notes issued to refund such revenue bonds or notes from time to time, for the purpose of providing funds to make a loan to Ramona Metro Point, L.P. (or an affiliate or assign thereof approved by the LACDA), to finance the acquisition, development construction and/or rehabilitation of Ramona Metro Point, a 51-unit affordable housing development to be located at 11016 Ramona Boulevard, in the incorporated City of El Monte, in the County of Los Angeles, California.

The hearing will be conducted pursuant to the provisions of California Assembly Bill 361 (AB 361) as set forth under California Government Code Section 54953, which suspends certain requirements of the Ralph M. Brown Act. The hearing will be conducted by teleconference only, as authorized by the Internal Revenue Service under Revenue Procedure 2021-39 and AB 361.

The hearing will commence at 10:00 a.m. at the following toll-free telephone number: (833) 850-5215.  Enter conference code 426 222 881#.  All persons wishing to express their views on the plan of financing, issuance of the bonds or notes or on the nature and location of the projects proposed to be financed will be given an opportunity to do so by calling into the telephonic meeting or providing written comments in advance.  Written comments may be submitted to Vittorio Banez, Los Angeles County Development Authority, 700 West Main Street, Alhambra, California 91801‑3312 or via email to mfbonds@lacda.org.

Questions concerning the hearing and related matters may be directed to Vittorio Banez, at the Los Angeles County Development Authority, 700 West Main Street, Alhambra, California 91801‑3312 or by telephone at (626) 586‑1668.

Personas que desean obtener mas informacion o hacer un comentario pueden llamar a Lorena Ojeda al telefono (626) 586‑1841.


Published on:  December 13, 2022