Board moves forward on multiple multifamily revenue bond requests; several preliminary approvals and one final approval granted

The Health and Educational Facilities Board considered preliminary- and final-approval requests for a series of multifamily housing revenue bond financings and granted approvals on multiple projects during the meeting.

At the meeting the board heard presentations and moved on the following requests (motions and public‑hearing steps are noted where recorded):

Votes at a glance

- TWG Parkwood Villa LP (preliminary): Request for issuance not to exceed $30,000,000 in multifamily housing revenue bonds for an acquisition‑rehab of an existing development at 3258 Brick Church Pike. Developer representative Phyllis Vaughn said the project will renovate 160 units, with rents capped at 50–60% of area median income (AMI) and an expected renovation cost of about $55,000 per unit. A motion and a second were recorded in the meeting transcript; the transcript does not record an explicit roll-call or spoken vote in the supplied excerpts. (See actions entry for provenance.)

- Bend On 12 Limited Partnership (preliminary): Request for issuance not to exceed $52,000,000 for up to 230 new-construction affordable units targeted at households earning 60% AMI on a…