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September 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 Thursday, September 25, 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 amount specified below (and a like amount of refunding bonds), 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 sponsor specified below or to an affiliate or special purpose entity created by or on behalf of such sponsor to finance the acquisition, rehabilitation, construction and equipping of the below-referenced project (the “Project”).

Project Name:Address#Units:Project SponsorMaximum Amount:
Montecito II Senior
Housing
6658 Franklin Avenue (also known
as 6668 Franklin Avenue), Los
Angeles, CA 90028
64 (including 1 manager unit)Montecito II Senior
Housing LP
$22,150,000.00

Topic: LAHD – TEFRA Hearing w/Public Comment
Time: Thursday, September 25, 2025 10:00 AM Pacific Time (US and Canada)

The hearing will commence at 10:00 a.m., Thursday, September 25, 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 1776 8252

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 1776 8252, 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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