NOTICE OF PUBLIC HEARING
CONCERNING THE ISSUANCE OF TAX-EXEMPT BONDS BY
The DOUGLAS COUNTY Housing Partnership
FOR
Ponderosa Pines
NOTICE IS HEREBY GIVEN that a public hearing will be held by the Douglas County Housing Partnership, a Multijurisdictional Housing Authority (“DCHP”) on Friday, August 14, 2026 at 2:00 p.m. mountain time, concerning the approval of a plan of finance entailing the issuance by DCHP of tax-exempt Douglas County Housing Partnership Multifamily Housing Revenue Bonds, bonds or other instruments (Ponderosa Pines Project), in one or more series (the “Bonds”), in an aggregate principal amount not to exceed $50,000,000 (and a like amount of refunding bonds). Proceeds of the Bonds will be loaned by DCHP to and used by Ponderosa Owner LLC, a Colorado limited liability company, including any subsidiaries, affiliates, successors or assigns thereof (the “Borrower”), to finance a portion of the costs of the acquisition, construction, improvement and equipping of an affordable housing facility, consisting of approximately 204 units, which provides dwelling accommodations within the means of families of low or moderate income. Such facility will be known as “Ponderosa Pines” (or such other name as designated by the Borrower, and referred to herein as the “Project”) is located within the boundaries of the Douglas County, Colorado at 6793 Scott Avenue, Parker, CO 80134. The proceeds of the Bonds will also fund certain reserve funds, if any, and will pay certain costs of issuance of the Bonds. The Project will be owned, operated and principally used by the Borrower.
DCHP is authorized by §§ 29‑1‑204.5, Colorado Revised Statutes, as amended, the Amended and Restated Establishing Intergovernmental Agreement for the Douglas County Housing Partnership, a Multijurisdictional Housing Authority, dated December 20, 2020, as amended (the “IGA”), by and among the City of Lone Tree, the City of Castle Pines, the Town of Castle Rock, the Town of Parker and Douglas County, Colorado (collectively, the “Members”), and the Colorado Supplemental Public Securities Act, Article 57, Title 11, Section 201 et seq., Colorado Revised Statutes, as amended, to finance one or more housing projects to provide dwelling accommodations within the means of families of low or moderate income. The Bonds will constitute a special limited obligation of DCHP payable solely from revenues derived by DCHP pursuant to one or more financing agreements, by and among DCHP, the Borrower and the purchaser of the Bonds and certain related loan documents under which the Borrower has repayment obligations to DCHP, and, by assignment, to the respective purchasers of the Bonds.
THE BONDS AND THE INTEREST THEREON SHALL NEVER CONSTITUTE THE DEBT OR INDEBTEDNESS OR A MULTIPLE FISCAL YEAR OBLIGATION OF DCHP, THE MEMBERS, THE COUNTY, THE STATE OF COLORADO (THE “STATE”) OR ANY POLITICAL SUBDIVISION THEREOF WITHIN THE MEANING OF ANY PROVISION OR LIMITATION OF THE CONSTITUTION OR STATUTES OF THE STATE AND SHALL NOT CONSTITUTE NOR GIVE RISE TO A PECUNIARY LIABILITY OF DCHP, THE MEMBERS, THE COUNTY, THE STATE OR ANY POLITICAL SUBDIVISION THEREOF OR A CHARGE AGAINST THEIR GENERAL CREDIT OR TAXING POWERS.
This notice is intended to comply with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended. All interested parties are invited to attend and present comments at the public hearing regarding the plan of finance, the proposed issuance of the Bonds and the Project. The public hearing will be held on Friday, August 14, 2026 at 2:00 p.m. mountain time, by phone by dialing into the following toll free telephone number: (888) 788-0099; Conference ID: 891 7780 4697#. Written comments to be presented at the meeting may be sent to, or additional information may be requested from, DCHP at 9350 Heritage Hills Circle, Lone Tree, Colorado 80124, to the attention of Maria Ciano, Executive Director.
DOUGLAS COUNTY HOUSING PARTNERSHIP, A MULTIJURISDICTIONAL HOUSING AUTHORITY
DCHP meetings are open to the general public in accordance with Colorado’s Open Meetings Law, C.R.S. § 24-6-402. Members of the public are welcome to attend. For assistance, contact DCHP at 720-891-9351 or by Email: jjulian2@douglasco.gov.
In accordance with Title VI of the Civil Rights Act of 1964 and Executive Order 13166, DCHP is committed to providing meaningful access to its programs, services, and activities for persons with Limited English Proficiency. Language assistance is provided free of charge. The Douglas County Housing Partnership does not discriminate based on race, color, religion, sex, age, national origin, disability, familial status, or any other protected classification under federal, state, or local law in relation to programs, services, activities, and employment practices. The Douglas County Housing Partnership does not discriminate in admission or access to, or treatment or employment in its federally assisted programs and activities on the basis of disability.
If you require language assistance or are a person with disabilities who requires specific accommodation to participate in this meeting or to use our programs and services, contact DCHP’s Section 504 Coordinator before the meeting. Accommodations are provided at no cost. Contact DCHP’s Section 504 Coordinator, Stephine Valdez, Address: 9350 Heritage Hills Circle, Lone Tree, CO 80124, Phone: 720-369-6004, E-Mail: svaldez@douglasco.gov.
