PUBLIC HEARING NOTICE
REGARDING THE ISSUANCE OF NOTES
The Rowlett Housing Finance Corporation (the “Issuer”) will hold a public hearing at 9:00 a.m. on June 1, 2020 at 717 North Harwood, Suite 900, Dallas, Texas 75201. However, since there are limitations on the ability to congregate due to the current pandemic, members of the public can attend via teleconference at Dial-In: 1.877.336.1828, Access Code: 5338807#. Among the items to be discussed will be a proposal for the issuance by the Issuer of notes (the “Notes”) the proceeds of which will be loaned to Merritt Hill Housing Partners, LTD, a Texas limited partnership, or an affiliate of Merritt Hill Housing Partners, LTD (the “Borrower”), to provide permanent financing for the acquisition and construction of an approximately 260 unit multi-family residential project to be known as Residences at Merritt Hill located at 9300 Merritt Road, Rowlett, Texas 75089 (the “Project”) for individuals and families of low and moderate income. The maximum aggregate face amount of the Notes is anticipated to be $33,000,000. All interested parties are invited to submit written comments to the Issuer prior to the time set for the public hearing or to attend the public hearing and express any comments they may have regarding the Project or the Notes.
ROWLETT HOUSING FINANCE CORPORATION
Mr. Rick Sheffield
4113 Main St. Suite 105
Rowlett, TX 75088
As we edge closer to our opening date for Lakeview Pointe Independent Senior Living Center, milestones have been delayed due to pandemic-related measures that are in place. Most businesses are closed or scaled back, so both our digital and face- to-face marketing efforts have been affected.
Below is our current construction schedule. Please remember that these are projected dates – – and we will do our best to update you promptly with any changes.
Clubhouse open: July, 2020
Building #2 open: October, 2020
Building #3 open: November, 2020
Building #1 open: December, 2020
Pre-leasing activities have begun for Lakeview Pointe Independent Senior Living. The most current update on the schedule shows construction completing in August for at least two of the buildings with the remaining buildings available for occupancy in September.
If you know of someone age 55 and up who needs an affordable living option, enter a contact email address in the link below. Maximum income limits, rental rates, etc. can be reviewed at https://rowletthfc.org/projects.
To sign up, go to https://lakeviewpointetx.com/
Welcome Trio to the Rowlett HFC Family of Programs!
We are proud to announce the launch of Trio in Texas! Trio is a lease-to-own program that provides an affordable, secure path to homeownership when traditional mortgage financing is not attainable. Trio’s modern lease-to-own model is designed for potential homeowners ranging from first-time buyers to small business owners. It’s a wonderful option for those with a non-traditional income, recent college graduates, and renters wishing to become homeowners.
- No application fee
- No down payment required
- Fixed monthly payments
- Financial coaching and home ownership tools provided
- Earn equity during the lease period
- Purchase at any time
- Lock in purchase price for 5 years
Rowlett Housing Finance Corporation is pleased to offer this program to our partners in the real estate industry! Texas real estate agents can become TRIO certified to even help more Texans achieve their dreams of home ownership!
Learn more today!
Trio for Home Buyers
Trio for Agents