Attachment B - TEFRA Public Hearing Report

Regular Meeting, August 20, 2026 · item 3B: Consideration of a motion to approve Resolution 1385 authorizing the execution of a public approval certificate allowing the Housing Authori… · 2 pages

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REPORT ON PUBLIC HEARING WITH RESPECT TO PROPOSED ISSUANCE OF NOT TO EXCEED $23,000,000 HOUSING AUTHORITY OF THE CITY OF BOULDER, COLORADO, D/B/A BOULDER HOUSING PARTNERS, MULTIFAMILY HOUSING REVENUE BONDS (HARVEST34 PROJECT) August 5, 2026 TO:

City Council of the City of Boulder, Colorado

FROM:

JoAnna Mendoza, Senior Project Manager, Boulder Housing Partners

I. Summary of Proposed Housing Authority of the City of Boulder, Colorado, d/b/a Boulder Housing Partners Multifamily Housing Revenue Bonds (Harvest34 Project) Authority:

Housing Authority of the City of Boulder, Colorado, d/b/a Boulder Housing Partners, a body corporate and politic of the State of Colorado

Bond Issue:

Not to Exceed $23,000,000 Housing Authority of the City of Boulder, Colorado, d/b/a Boulder Housing Partners Multifamily Housing Revenue Bonds (Harvest34 Project)

Purchaser:

ANB Bank

Borrower:

Harvest34 LLLP, a Colorado limited liability limited partnership (or any other affiliate or subsidiary created by the Authority)

Bond Counsel:

Kutak Rock LLP

Purpose of Issue:

(a) finance a portion of the acquisition, construction, equipping and placing in service of an approximately 44-unit multifamily housing project located at 3125 34th Street, in Boulder, CO 80301 known or to be known as Harvest34, or such other name as designated by the fund, if any; and (c) pay certain costs of issuing the Bonds principally used by the Borrower and will consist of the real property, improvements and equipment described above, which are all located within the City of Boulder, Colorado.

Use of Proceeds:

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To finance a portion of the Project costs in an amount equal to the principal amount of the Bonds.

Documents & Security:

The Bonds will be issued pursuant to a plan of finance that includes one or more financing agreements, by and among the Authority, the Borrower and the Purchaser. The proceeds of the Bonds will be obligation to make payments on the loan and the mortgages, and related collateral securing that obligation, are being assigned by the purchase price for the Bonds. The Bonds do not constitute a debt or liability of the Authority or the City of Boulder, Colorado.

II.

Report of Public Hearing

The Authority convened a telephonic public hearing with respect to the plan of finance, the Project and the issuance of the Bonds on August 5, 2026 at 2:30 p.m., Mountain time, via conference call at the following toll-free numbers: (888) 788-0099, and when prompted, enter conference ID: 812 3291 4989. Notice of such hearing in the form attached hereto as Exhibit A was published on July 25, 2026 in the Boulder Daily Camera, a newspaper of general circulation in the locale of the Project. No one appeared to speak against the Project. The hearing was closed at approximately 2:45 p.m., Mountain time.

By JoAnna Mendoza Senior Project Manager

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