Legal Notices

NOTICE TO RESIDENTS OF WOOD AND LOGAN COUNTIES, WEST VIRGINIA AND THE STATE OF WEST VIRGINIA AND OTHER PERSONS INTERESTED – ISSUANCE OF MULTIFAMILY HOUSING REVENUE BONDS FOR PARKLAND CHAPMANVILLE PRESERVATION, LLC NOTICE IS HEREBY GIVEN, pursuant to section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”), that the WEST VIRGINIA HOUSING DEVELOPMENT FUND (the “Issuer”) will consider the adoption of a bond authorizing resolution to approve the issuance of its revenue bonds (more specifically, exempt facility bonds for qualified residential rental projects pursuant to sections 142(a)(7) and (d) of the Code) in the maximum aggregate principal amount of $10,750,000 (the “Bonds”), pursuant to Chapter 31, Article 18 of the West Virginia Code of 1931, as amended, to assist Parkland Chapmanville Preservation, LLC, a West Virginia limited liability company (the “Borrower”), in financing currently expected $6,000,000 and $4,500,000 portions of the cost of the acquisition and rehabilitation of (i) a 133-unit rental housing project known as Parkland Place, which is located at 1250 31st Street, Parkersburg, Wood County, West Virginia; and (ii) an 88-unit rental housing project known as Chapmanville Towers, which is located at 647 Main Street, Chapmanville, Logan County, West Virginia, respectively, all the units of which are or will be occupied by seniors, as either individuals or households, whose income is at or below a certain percentage of area median gross income. The projects will be owned by the Borrower. Neither the Bonds nor the interest thereon, nor any charge in connection therewith, shall be a charge against the general credit or taxing powers of the State of West Virginia or the Issuer, nor shall the same ever constitute an indebtedness of the State of West Virginia or the Issuer, within the meaning of any constitutional provision or statutory limitations. A public hearing will be held before a representative of the Issuer on July 2, 2021, at 10 a.m., and any interested person or persons may attend and participate by toll-free telephone call with the Issuer’s representative to present oral comments and suggestions and be heard as to the proposed issuance of the Bonds and the location and nature of the proposed facilities to be acquired and rehabilitated with the proceeds of the Bonds. Interested individuals may also submit written comments to the Issuer before July 2, 2021, Attention: Julie Davis, at 5710 MacCorkle Avenue SE, Charleston, West Virginia 25304. To participate by toll-free telephone call, please use the following information: Telephone #: 800-804-5051 Conference #: 8722267 PIN: 5348 LC-112211 06-18;2021