PUBLIC HEARING NOTICE
PURSUANT TO SECTION 147(f) OF THE INTERNAL REVENUE CODE OF 1986
DELAWARE STATE HOUSING AUTHORITY
Notice is hereby given of a public hearing to be held by Delaware State Housing Authority (the “Authority”) with respect to a tax-exempt multifamily housing mortgage loan (the “Tax-Exempt Loan”) to be issued by the Authority (in its borrowing capacity) in an aggregate principal amount not to exceed $27,000,000. The proceeds of the Tax-Exempt Loan will be loaned by the Authority to OAHS Cheltenham Village LLC (the “Borrower”), to finance a portion of the costs of purchasing and rehabilitating a multifamily residential rental project to be known as Cheltenham Village (the “Project”). The Project will contain approximately 101 rental units in 9 buildings located at or near 701 Georgetown Building in Newark, New Castle County, Delaware 19702.
The public hearing will be conducted for approximately one hour by teleconference on November 5, 2026, beginning at 10:00 a.m. Delaware time. During the public hearing, persons will have the opportunity to express their views orally by telephone or through the Teams link listed below. Persons may submit written statements to the Authority prior to, or during, the public hearing, as described below.
Persons wishing to participate in the meeting by telephone must use the toll-free telephone number and passcode listed below:
U.S. Toll free 1 302-504-8986; Access Code: 225497836#
Persons wishing to participate in the meeting by internet must use the Teams link listed below and use the meeting number and password also listed below:
Meeting number: 288 700 144 809 515 9
Meeting password: pd3gL7Pc
Persons wishing to express their views through written statements must submit them before or during the public hearing to: Brian Rossello, Chief Financial Officer, Delaware State Housing Authority, 820 North French Street, 10th Floor, Wilmington, DE 19801 or by email to Brian Rossello at brian.rossello@delaware.gov. If the submission is by mail, it must be mailed in sufficient time to be received prior to the meeting. If the submission is made during the hearing, it must be made by email to Mr. Rossello.
This notice is published and the above-described hearing is to be held in satisfaction of the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.
