[font=font36821]SUMMARY:[/font] The Maine State Housing Authority proposes to issue tax-exempt single family mortgage bonds and notes in one or more series pursuant to a plan of financing, as contemplated by Section 147(f) (2)(C) of the Internal Revenue Code, to finance, to replace amounts to be used to redeem single family mortgage bonds issued to finance, and to redeem single family mortgage bonds that were used to finance, the acquisition, construction and improvement of owner-occupied residences.
[font=font36821]BOND SIZE:[/font] An amount not to exceed Five Hundred Million Dollars ($500,000,000) to finance, to replace amounts to be used to redeem single family mortgage bonds issued to finance, and to redeem single family mortgage bonds that were used to finance, the acquisition, construction and improvement of owner-occupied residences.
[font=font36821]STATUTORY AUTHORITY:[/font] 30-A M.R.S.A. §4701, et seq., I.R.C. §§143, 147(f)
[font=font36821]DATE AND LOCATION OF HEARING:[/font] Monday, November 27, 2017 at 10:00 A.M., at Maine State Housing Authority, 353 Water Street, Augusta, Maine. The hearing room is accessible to persons with physical disabilities and, upon sufficient notice, appropriate communication auxiliary aids and services will be provided for persons with disabilities.
[font=font36821]COMMENTS:[/font] Oral comments may be presented at the hearing. Written comments may be submitted to the Maine State Housing Authority through the date of the hearing.
[font=font36821]CONTACT:[/font] Linda Uhl, Chief Counsel
Maine State Housing Authority
353 Water Street
Augusta, Maine 04330-4633
1-800-452-4668 (voice in state only)
(207) 626-4600 (voice) or
711 (Maine Relay)
Nov. 10, 2017
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