Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Development authority presents Terraces refinancing; board to vote April 22
Summary
The Development Authority presented a TEFRA hearing summary for refinancing The Terraces (316 units); the project would set 20% of units for workforce housing (50% AMI), is conduit financing and does not create county financial obligations; the board will vote on a resolution at the next meeting.
John Nicks, representing the Development Authority of Rockdale County, briefed the board on the Terraces of Fieldstone refinancing and explained the TEFRA public‑hearing requirement for tax‑exempt bond financing for nonprofit borrowers.
Nicks said the TEFRA hearing was held at the Chamber office, was open 15 minutes and…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
