NOTICE OF PUBLIC HEARING

ON PROPOSED REVENUE BOND FINANCING BY INDUSTRIAL DEVELOPMENT AUTHORITY OF ARLINGTON COUNTY, VIRGINIA

Notice is hereby given that the Industrial Development Authority of Arlington County, Virginia (the “Authority”), whose address is 2100 Clarendon Boulevard, Arlington, Virginia 22201, will hold a public hearing on the request of CH3 North 4, Limited Partnership (“CH3 North 4”), a Virginia limited partnership, whose address is 4318 N. Carlin Springs Road, Arlington, Virginia 22203, for the Authority to issue up to $99,000,000 of its revenue bonds, in one or more series, at one time or from time to time, pursuant to a plan of financing, to pay for all or a portion of the costs of the acquisition, construction and/or equipping of CH3 North Four, an approximately 344-unit affordable apartment community (the “Project”) to be located at 501 20th Street South in Arlington County, Virginia (the “County”).

The issuance of revenue bonds as requested by CH3 North 4 will not constitute a debt or pledge of the faith and credit of the Commonwealth of Virginia (the “Commonwealth”) or the County and neither the faith and credit nor the taxing power of the Commonwealth or any political subdivision thereof, including the County, will be pledged to the payment of such revenue bonds or the interest thereon or other costs incident thereto. The Authority has no taxing power. Neither the Commonwealth, nor any political subdivision thereof, including the County and the Authority, shall be obligated to pay the revenue bonds or the interest thereon or other costs incident thereto except from the revenues and moneys pledged therefor by CH3 North 4 with respect to the Project.

The public hearing, which may be continued or adjourned, will be held at 6:30 o’clock p.m., or as soon thereafter as the matter may be heard, on Wednesday, January 22, 2025, before the Authority in the Bluemont Room at the Arlington Central Library, 1015 N. Quincy Street, Arlington, Virginia 22201.

Industrial Development Authority of Arlington County, Virginia

Published: January 15th, 2025

AD#89930