NOTICE IS HEREBY GIVEN that the Los Angeles County Development Authority will hold a public hearing on October 13, 2026, as required and authorized by Section 147(f) of the Internal Revenue Code of 1986, with respect to a proposed plan of financing providing for the issuance of one or more series of multifamily housing mortgage revenue bonds or notes from time to time, and at no time to exceed $20,300,000 in outstanding principal amount, including bonds or notes issued to refund such revenue bonds or notes from time to time, for the purpose of providing financing to Mercy Housing California 116, L.P. (or an affiliate, assign or designee) (the “Borrower”), for the acquisition, development, and construction Mercy Claremont, a 74-unit multifamily rental housing development to be located at 1364 North Towne Avenue, Claremont, California 91711, in the County of Los Angeles, California.

The hearing will be conducted pursuant to the provisions of California Assembly Bill 361 (AB 361) as set forth under California Government Code Section 54953, which suspends certain requirements of the Ralph M. Brown Act. The hearing will be conducted by teleconference only, as authorized by the Internal Revenue Service under Revenue Procedure 2021-39 and AB 361.

The hearing will commence at 10:00 am at the following toll-free telephone number: (833) 850-5215, with conference ID 279 159 218#. All persons wishing to express their views on the plan of financing, issuance of the bonds or notes, or the nature and location of the projects proposed to be financed will be given an opportunity to do so by calling into the telephonic meeting or providing written comments in advance. Questions concerning the project, hearing, and/or related matters, as well as written comments may be directed to the Los Angeles County Development Authority, 700 West Main Street, Alhambra, California 91801-3312, or via email to mfbonds@lacda.org.

Personas que desean obtener mas informacion o hacer un comentario pueden llamar a Gabriela Ochoa-Martinez al telefono (626) 586 1840.

Published on: October 5, 2026