NOTICE OF PUBLIC HEARING The Housing Authority of the City of Pittsburgh (the Authority) will hold a public hearing on Wednesday, July 24, 2013 at 10:00 a.m., in the offices of the Authority located at 200 Ross Street, 9th Floor, Pittsburgh, Pennsylvania 15219, to discuss the issuance of tax-exempt revenue bonds (the Bonds) to be used along with other available funds, for the following project (the Project). A. Initial Owner: Addison Terrace Phase 1 LLC. an affiliate of the Authority will have a membership interest in the Initial Owner. B. Maximum Principal Amount of Bonds: An amount not to exceed $32,000,000.00 (exclusive of any original issue discount or original issue premium). C. Location of Project: The facilities of the Borrower for which the Bonds are to be issued are located 2136 Elmore Square, in the City of Pittsburgh, Pennsylvania. D. Description of Project: The Project consists of (a) the development of a 186-unit affordable housing facility to be known as Addison Terrace Phase I, which will also include a community center, management office and related site and infrastructure improvements; (b) the funding of a debt service reserve fund, if required; and (c) payment of a portion of the costs associated with the issuance of the Bonds. At the public hearing, any and all persons in attendance will be afforded an opportunity to comment on the proposed project and the issuance by the Authority of its Bonds therefor. If you need an accommodation due to a disability and want to attend this meeting, please call (412) 456-5282, Ext. 2 at least 24 hours in advance so arrangements can be made. This notice is published, and the public hearing is being held by and on behalf of the Authority as the issuer of the Bonds, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended, and regulations promulgated thereunder. Caster D. Binion, Executive Director HOUSING AUTHORITY OF THE CITY OF PITTSBURGH DMEAST #16737566 v1
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