NOTICE OF PUBLIC HEARING ON PROPOSED MULTIFAMILY HOUSING REVENUE BONDS FINANCING BY THE HOUSING AUTHORITY OF THE CITY OF RALEIGH, NORTH CAROLINA Notice is hereby given that a Hearing Officer of the Board of Commissioners of the Housing Authority of the City of Raleigh, North Carolina (the "Authority") will hold a public hearing on its proposed plan to issue its multifamily housing revenue bonds in an amount up to $24,500,000 (the "Bonds") to provide financing to Maple Ridge Apts Limited Partnership, a North Carolina limited partnership, or an affiliated or related entity (the "Borrower"), for the acquisition, construction and equipping of a 146-unit qualified residential rental project (as defined in Section 142(d) of the Internal Revenue Code of 1986, as amended) to be known as Maple Ridge Apartments (the "Development"). The Development will be located at approximately 500 Rawls Drive, Raleigh, North Carolina. The Development will be owned or operated by the Borrower. The housing bonds, when and if issued by the Authority, will be issued pursuant to Article 1 of Chapter 157 of the General Statutes of North Carolina and shall not be a debt of the State of North Carolina (the "State"), the Authority, the City of Raleigh, North Carolina (the "City") or any political subdivision thereof and none of the State, the Authority, the City or any political subdivision thereof shall be liable thereon, nor in any event shall such bonds be payable out of any funds or properties other than those of the Authority derived solely from payments made by the Borrower. The public hearing, which may be continued or adjourned, will be held on September 4, 2025, at 10:00 a.m. (or as soon thereafter as the hearing is held) in the Authority's community center at 971 Harp Street, Raleigh, North Carolina. Any person interested in the issuance of the Bonds or the Development may appear and be heard at the public hearing. Any person wishing to comment in writing on the Development or the issuance of the Bonds should do so no later than September 4, 2025, by mailing such comments to the Housing Authority of the City of Raleigh, North Carolina, 900 Haynes Street, Raleigh, NC 27604, Attention: Chief Executive Officer. HOUSING AUTHORITY OF THE CITY OF RALEIGH, NORTH CAROLINA By: Ashley Lommers-Johnson, Chief Executive Officer IPL0266765 Aug 25 2025