August TEFRA

NOTICE OF PUBLIC HEARING ON MULTIFAMILY HOUSING REVENUE BONDS OR NOTES
FOR MULTIFAMILY HOUSING PROJECTS
LOCATED IN THE CITY OF LOS ANGELES

Notice is hereby given that on Tuesday, August 19th, 2025, a public hearing will be held as required by Section 147(f) of the Internal Revenue Code of 1986 with respect to the proposed issuance or reissuance by the City of Los Angeles of multifamily housing revenue bonds or notes in the maximum amounts specified below (and a like amount of refunding bonds or notes), each issued in one or more series, pursuant to a plan of financing, for the purpose of providing funds to make a loan to the project sponsors specified below or to an affiliate or special purpose entity created by or on behalf of such sponsors to finance the acquisition, rehabilitation, construction and equipping of the below-referenced projects (the “Projects”).

Project Name:	Address	#Units:	Project Sponsor	Maximum Amount:
Serenity Apartments formerly known as Southside Senior	1623 West Manchester Avenue (formerly known as 1655 West Manchester Avenue), Los Angeles, CA 90047	50 Units (incl.1 Mgr)	Southside LA Housing Partners, LP	$22,000,000
803 East 5 th Street	803 East 5 th Street (also known as 801-813 East 5 th Street), Los Angeles, CA 90013	95 Units (incl. 1 Mgr)	CRCD 5th Street LP	$50,000,000
Santa Monica & Vermont Apartments	1021 North Vermont Avenue (formerly known as 4718 West Santa Monica Boulevard), Los Angeles, CA 90029	187 (incl. 2 Mgr)	SMV Housing L.P.	$73,000,000
Central Apartments	2106-2122 South Central Avenue, Los Angeles, CA 90011	57 Units (incl. 1 Mgr)	Central Avenue Housing, LP	$17,974,656
Prisma	1352-1358 North Orange Drive & 6914 DeLongpre Avenue, Los Angeles, CA 90028	98 Units (incl. 2 Mgr)	Compass for Affordable Housing	$39,000,000
Estrella Azul	2201-2207 East 1 st Street, Los Angeles, CA 90033	80 Units (incl. 1 Mgr)	Estrella Azul, L.P.	$35,628,741

Topic: LAHD – TEFRA Hearing w/Public Comment
Time: Tuesday, August 19, 2025, 10:00 AM Pacific Time (US and Canada)

The hearing will commence at 10:00 a.m., Tuesday, August 19, 2025, and will be held via teleconference. Interested persons wishing to express their views on either the plan of finance, the issuance or reissuance of the multifamily notes or bonds or the Projects will be given an opportunity to do so at the hearing or may, prior to the time of the hearing, submit written comments to the Los Angeles Housing Department via e-mail sent to lahd-tefra@lacity.org. Persons wishing to express their views via telephone must submit a written request to do so delivered to the above email address not less than 24 hours before the hearing. Such request must include the requestor’s full name. Instructions for accessing the hearing via teleconference are set forth below.

To access the hearing, dial by phone
+1 888-788-0099 US Toll Free
Meeting ID: 863 9590 7883

Instructions:
Public participants should dial the phone number +1 888-788-0099
Public participants will be asked for a Meeting ID, they should enter 863 9590 7883, followed by the #(pound sign)
Participants will be asked to enter a participant ID, they should press # (pound sign) to continue
Participants will then be joined into the meeting

Persons who have provided the above-described written request will be called by name to express their views in the order such requests were received. Each public participant will be limited to 10 minutes to provide comments.

Click here to download the Notice.

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