NOTICE OF PUBLIC HEARING
Notice is hereby given of a public hearing to be held by the New Hope Cultural Education Facilities Finance Corporation (the "Issuer") on Monday, June 29, 2026, at 8:30 a.m. CT via teleconference, with respect to the issuance by the Issuer of its bonds or notes in one or more series (the "Obligations") pursuant to a plan of financing in an aggregate principal amount not to exceed $140,000,000, the proceeds of which will be loaned to PHS Colleyville, Inc., a Texas nonprofit corporation and an organization described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended (the "Borrower"), or an affiliated entity.
The proceeds of the Obligations will be loaned to the Borrower to finance the costs of acquisition of approximately 18.5 acres of unimproved land at 913 Cheek-Sparger Road and 3808 Wayne Drive in Colleyville, Texas and the development, construction, and equipping of rental senior living facilities at that site (the "Project"), and also to fund costs of issuance of the Obligations and funding of required reserves. The Project will be owned and operated by the Borrower and/or affiliated entities.
All interested parties are invited to express their views with respect to the Project and the Obligations by attending the public hearing to be held via teleconference, by dialing the following toll-free number: 1-800-719-6100 (Access Code: 8503021#). Any interested persons unable to attend the hearing may submit their views in writing to the Issuer c/o Abraham "Abe" Benavides, McCall, Parkhurst & Horton L.L.P., 717 North Harwood, Suite 900, Dallas, Texas 75201, prior to the date scheduled for the hearing.
This notice is published and the above-described hearing is to be held in satisfaction of the requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended, regarding the public approval prerequisite to the exemption from federal income taxation of interest on the Obligations.
IPL0350367
Jun 21 2026