NOTICE OF PUBLIC HEARING ON PROPOSED ISSUANCE
OF MULTIFAMILY HOUSING REVENUE BONDS
NOTICE IS HEREBY GIVEN that a public hearing, pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended, (the "Code"), and Treasury Regulation Section 5f.103-2(f) and other applicable laws and Treasury Regulations, will be held by the Mississippi Home Corporation (the "Issuer") on the 9th day of April 2026, at 10:00 a.m., Mississippi time, at the offices of the Issuer at 735 Riverside Drive, Jackson, Mississippi 39202, for the purpose of providing a reasonable opportunity for interested individuals to express their views, either orally or in writing, on the sale and issuance by the Issuer of its tax-exempt Multifamily Housing Revenue Bonds (the "Bonds") and the location and nature of the Project (as defined below) to be financed with the proceeds of the Bonds.
The Issuer proposes to issue the Bonds in one or more series for the primary purpose of assisting in financing the acquisition, construction, furnishing and equipping of 75 living units for individuals and families of low and moderate income located at 1000 Aven Ave, Greenwood, Mississippi 38930, (together with functionally related and subordinate facilities and property, the "Project"). The Issuer will loan the proceeds of the Bonds to Terrace Gardens Housing, LP, a Mississippi limited partnership, or one or more affiliates thereof (the "Company"), and the Company (or its successors and assigns) will own and operate the Project subject to the terms and conditions of a Loan Agreement between the Issuer and the Company.
The maximum aggregate principal amount of the Bonds shall not exceed $8,000,000. More specific information concerning the Bonds is available for inspection at the offices of the Issuer at 735 Riverside Drive, Jackson, Mississippi 39202, Attn: Scott Spivey, Executive Director.
The Issuer, at the above stated time and place, will provide a forum giving interested individuals a reasonable opportunity to express their views, both orally and in writing, on the proposed issuance of the Bonds and the location and nature of the Project. It is important to note that if the Bonds are issued, the Company or its assignee will be responsible for payment of the principal, interest, purchase price, and premium, if any, on such Bonds. The full faith, credit and taxing powers of the Issuer, the State of Mississippi or any political subdivision thereof will not be pledged or encumbered in any way by the Bonds.
MISSISSIPPI HOME CORPORATION
By /s/ Scott Spivey
Executive Director
Published in The Clarion Ledger: This, the 29th day of March 2026
March 29 2026
LMSS0485979