NOTICE TO THE PUBLIC

NOTICE TO THE PUBLIC YOU ARE HEREBY NOTIFIED that there will be heard before Judge Flythe of the Superior Court of Richmond County, Georgia, on the 26th day of June, 2026, at 10:30 a.m. at the Richmond County Courthouse in Augusta, Georgia, the case of the State of Georgia v. Housing Authority of the City of Augusta, Georgia and SFRI MacArthur Park Apartments LLC, Civil Action No. 2026RCCV00543; pending in said Court, the same being a proceeding to confirm and validate an issue of the Residential Development Revenue Bonds (Sixteenth Floor Obligated Group Project – Credit Enhanced), Series 2026C (or similarly captioned bonds), in one or more series (the "Bonds"), in a combined aggregate principal amount not to exceed $60,000,000. The Bonds are to be issued by the Housing Authority of the City of Augusta, Georgia (the "Issuer") for the purpose of providing funds which, together with other available funds, will be used to (i) finance a portion of the costs of the acquisition and equipping of MacArthur Park Apartments, located at 101 Little Rock Drive, Augusta, Georgia 30909, (ii) fund deposits to one or more reserve funds, if any, for the Bonds, and (iii) pay a portion of the expenses incurred in connection with the issuance of the Bonds (the "Project"). In order to finance the Project, the Issuer will loan the proceeds of the Bonds to SFRI MacArthur Park Apartments LLC, a Delaware limited liability company, pursuant to a Loan Agreement, to be dated as of the first of the month in which it is executed and delivered. In said proceeding the Court will also pass upon the validity of said Loan Agreement, a Master Note, a Trust Indenture, a Master Indenture, a Supplemental Indenture, a Security Deed, a Funding Agreement and a Land Use Restriction Agreement in connection therewith. The Bonds will not constitute a debt or a general obligation within the meaning of any constitutional or statutory debt limitation or restriction or a pledge of the faith and credit of the State of Georgia or any political subdivision thereof, including the Augusta-Richmond County, Georgia, but will constitute limited obligations of the Issuer and will be payable solely from amounts owing from the specific revenues and property assigned and pledged to the payment thereof. Neither the State of Georgia, nor any political subdivision thereof, including Augusta-Richmond County, Georgia (the "Consolidated Government"), shall be subject to any pecuniary liability thereon, nor shall the Bonds constitute a charge, lien or encumbrance upon any property of the Issuer, said State, said political subdivisions and said Consolidated Government, other than the collateral provided by the Borrower and pledged to the payment thereof. The Issuer shall have no obligation to pay the principal of or interest on the Bonds except from the Trust Estate, and no recourse shall be had against the Issuer, its commissioners, officers, employees or agents for payment thereof. The Issuer will not conduct any "performance audit" or "performance review" with respect to the Bonds as such terms are described in O.C.G.A. § 36-82-100. Any citizen of the State of Georgia residing in Augusta-Richmond County, Georgia, or any other person wherever residing who has a right to object, may intervene and become a party to this proceeding. This ____ day of __________, 2026. Clerk, Superior Court, Richmond County, Georgia June 12, 19 2026 LGSC0536047