Details for NOTICE OF PUBLIC HEARING BEFORE THE RICHMOND REDEVELOPMENT AND HOUSING AUTHORITY ON PROPOSED PRIVATE ACTIVITY BOND FINANCING FOR SWANSBORO APARTMENTS MULTIFAMILY HOUSING FACILITY

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NOTICE OF PUBLIC HEARING BEFORE THE RICHMOND REDEVELOPMENT AND HOUSING AUTHORITY ON PROPOSED PRIVATE ACTIVITY BOND FINANCING FOR SWANSBORO APARTMENTS MULTIFAMILY HOUSING FACILITY Notice is hereby given that the Richmond Redevelopment and Housing Authority (the "Authority"), the address for which is 901 Chamberlayne Parkway, Richmond, Virginia 23220, will hold a public hearing on the request of VST Swansboro LLC, a Virginia limited liability company (the "Borrower"), whose address is 101 West Commerce Road, Richmond, Virginia 23224, for the issuance by the Authority of up to $10,000,000 of its revenue bonds to finance or refinance a portion of the cost of acquiring, constructing, renovating, rehabilitating and equipping a multifamily residential rental housing project consisting of three buildings containing approximately 62 dwelling units representing approximately 45,635 net rentable square feet to be known as Swansboro Apartments (the "Project") located on approximately 2.205 acres at 3600 and 3601 East Broad Rock Road in the City of Richmond, Virginia. The Project will meet the requirements of a qualified residential rental project within the meaning of Section 142(d) of the Internal Revenue Code of 1986, as amended. The Project will be owned by the Borrower or an affiliate of the Borrower. The proposed private activity bonds will not pledge the credit or the taxing power of the Authority or the City of Richmond, Virginia, but will be payable solely from the revenues derived from the Borrower and pledged therefor. The public hearing, which may be continued or adjourned, will be held at 6:00 p.m. on January 26, 2022, before representatives of the Authority. Due to the ongoing COVID-19 Pandemic, in accordance with applicable federal and Virginia law, the public hearing will be conducted through conference call. Members of the public may witness and participate in the public hearing by using the dial-in number and conference code set forth below. DIAL-IN NUMBER: 1-415-655-0001 CONFERENCE CODE: 24364501577# The public hearing will provide an opportunity for interested persons to be heard. Interested persons wishing to express their views on the issuance of the proposed private activity bonds may also submit written comments prior to the time of the hearing to the Authority's co-bond counsel, Michael W. Graff, Jr., Esq., 1750 Tysons Boulevard, Suite 1800, Tysons, Virginia 22102 and Nancy Griffin Chambliss, Esq., 707 East Main Street, Suite 1000, Richmond, Virginia 23219. The hearing shall provide the fullest opportunity for the expression of opinion and for argument on the merits on the issuance of the proposed private activity bonds. RICHMOND REDEVELOPMENT AND HOUSING AUTHORITY

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