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NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the City Council of the City of San Diego on Tuesday, June 4, 2013, at the hour of 2:00 p.m., or as soon thereafter as the matter may be heard, in the City Council Chambers, 12th floor, 202 C Street, San Diego, California, will hold a public hearing in accordance with section 147(f) of the Internal Revenue Code of 1986 with respect to the proposed issuance by the Housing Authority of the City of San Diego of its multifamily housing revenue bonds, in order to finance the acquisition, construction and equipping of the multifamily rental housing development described below (Project):Name Location
Number of Maximum
COMM 22 Senior South of Commercial Units BondAmount
Housing Apartments Street,between Julian 70 $15,500,000
Avenue and Beardsley
Street, San Diego, CA
The owner of the Project is expected to be COMM 22 Senior Housing LP (COMM 22) to be formed by COMM 22 Senior GP, LLC (COMM 22 GP) as COMM 22's initial General Partner. COMM 22 GP is comprised of BRIDGE Housing Corporation and the Metropolitan Area Advisory Committee on Anti-Poverty of San Diego County Inc. The manager of the Project is expected to be BRIDGE Property Management Company. It is expected that all but one of the units in the Project will be income and rent restricted, and will be occupied by low-income or very low-income tenants at affordable rents.
Notice is further given that at said hearing all interested parties will have an opportunity to be heard on the question of whether or not such multifamily housing revenue bonds should be issued. Written comments may also be submitted prior to the hearing, c/o J.P. Correia, Real Estate Manager, San Diego Housing Commission, 1122 Broadway, Suite 300, San Diego, California 92101.
Dated: May 15, 2013
CITY COUNCIL OF THE CITY OF SAN DIEGO
Pub May 15 -00110588