NOTICE OF PUBLIC HEARING WITH RESPECT

TO PROPOSED REVENUE BOND FINANCING

BY THE DISTRICT OF COLUMBIA

9:30 A.M., October 28, 2026

+1 213-279-1455; Access Code: 372 189 564#

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Meeting ID: 260 354 311 139 630; Passcode: TF7ou9RW

Notice is hereby given that the District of Columbia (the “District”) will hold a public hearing available to the public by video and teleconference using the videoconference link and toll-free dial in information provided above with respect to the proposed issuance by the District of its tax-exempt revenue bonds, in one or more series, pursuant to a plan of finance in an aggregate principal amount not to exceed $275,000,000 (the “Bonds”). The hearing is being held pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended (the “Code”). Proceeds of the sale of the Bonds, which will be issued as qualified 501(c)(3) bonds pursuant to Section 145 of the Code, will be loaned by the District to Madrone – DC Student Housing I, LLC, a limited liability company organized and existing under the laws of the District of Columbia (the “Borrower”), the sole member of which is Madrone Health Foundation, a California nonprofit public benefit corporation and an organization described in Section 501(c)(3) of the Code. The proceeds of the Bonds, together with certain funds on hand, will be used to finance, refinance or reimburse the Borrower for certain costs of: (i) the acquisition, renovation, construction and conversion of a vacant office building into an approximately four hundred fifteen (415) unit multifamily apartment building including approximately 25,092 sq. ft. of ground floor retail and 140 underground building parking spaces located at 600 E Street, N.W., Washington, D.C. (Square 0457, Lot 39) (the “Facility”); (ii) the purchase of certain equipment and furnishings for the Facility, together with other property, real and personal, functionally related and subordinate thereto; (iii) funding capitalized interest on the Bonds; (iv) funding any credit enhancement costs, liquidity costs or debt service reserve fund relating to the Bonds; and (v) paying cost of issuance and other related costs to the extent permissible relating to the Bonds. The Borrower is the legal and beneficial owner and operator of the Facility.

The Bonds will not be a general obligation of the District and will not be a pledge, or involve the faith and credit or the taxing power, of the District.

The public hearing, which may be continued or adjourned, will be held on Wednesday, October 28, 2026, at 9:30 AM by teleconference open to all members of the public. The call-in information is at the top of this notice.

Residents of the District of Columbia and persons interested in the proposed issuance of the Bonds, or the location or nature of the proposed project, may present up to 3 minutes of oral testimony at the public hearing by providing their names, addresses, telephone numbers, and organization represented (if any) to Anthony Headen at (202) 727-6365 or Anthony.Headen@dc.gov by the close of business on October 26, 2026. Witnesses should submit a written copy of their oral testimony from the hearing. Additional written statements, which will be made part of the official record, may also be submitted by email to Mr. Headen at Anthony.Headen@dc.gov by October 27, 2026.

October 20th, 2026 Ad#106101