Public Hearing Regarding Financing for Construction & Equipping of Housing Hilltop

September 30, 2022

Telephonic hearing to be held Monday, October 10, 2022, at 2:00 pm

The Housing Authority of the City of Tacoma (the “Authority”) will hold a public hearing on Monday, October 10, 2022, at 2:00 p.m. on the proposed issuance by the Authority, pursuant to chapter 35.82 RCW and a plan of financing with respect to the project described below (the “Project”) of certain obligations (the “Obligations”) the interest on which will be excluded from gross income for federal income tax purposes pursuant to Sections 103 and 142 of the Internal Revenue Code of 1986, as amended (the “Code”). The Obligations are expected to be issued to finance the construction and equipping of the multifamily housing facility described below, which is to be operated as a qualified residential rental project under Section 142(d) of the Code to provide housing for low-income persons.

Project Description:Finance the construction and equipping of an approximately 231-unit multifamily housing facility to be known as Housing Hilltop
Maximum Amount of Obligations:$65,000,000
Principal User:Housing Hilltop LLLP, a Washington limited liability limited partnership
Project Location:Approximately 1.44 acre site located at the intersection of South L Street and South 11th Street in Tacoma, Washington, in the vicinity of 1011 and 1111 South L Street, Tacoma, Washington 98405

In accordance with Internal Revenue Service Revenue Procedure 2022-20, the public hearing will not be conducted in person.

Members of the public are invited to attend the public hearing by telephone or via video conference.

Please see below for telephone dial-in and video conference access instructions. Please call the Authority at (253) 207-4400 if you have any questions regarding attending the hearing remotely.

Telephone Dial-In Instructions

  • TOLL-FREE CALL-IN NUMBER: (888) 788-0099
  • MEETING ID: 872 7561 2241
  • PASSCODE: 812408

Video Conference Access Instructions

  • Go to: www.zoom.us and then to “JOIN A MEETING”
  • MEETING ID: 872 7561 2241
  • PASSCODE: 812408

The public is invited to attend the hearing by telephone or video conference as described above, and to present oral or written testimony regarding the proposed issuance of the Obligations and the location and nature of the proposed Project to be financed, or to submit written comments to the Authority at 902 South L Street, Tacoma, Washington 98405, to be received no later than the time of the hearing. The hearing will constitute the public hearing required by Section 147(f) of the Code. The Authority is committed to providing equal access to individuals with disabilities, consistent with the Americans with Disabilities Act and other state and federal laws prohibiting discrimination against individuals with disabilities. Anyone requiring an accommodation to participate in this hearing or to obtain information subject to this notice should contact the Authority, at least 24 hours prior to the time of the hearing, at (253) 207-4400.