NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code") will be held telephonically at 11:00 a.m. Eastern Time on April 10, 2026 by the Kentucky Bond Development Corporation (the "Issuer"), concerning the proposed issuance, in one or more series or sub-series, at the same or different times, as part of a plan of finance, by the Issuer, for the benefit of Collegiate Housing Foundation – Bowling Green, L.L.C. (the "Borrower"), a single member limited liability company duly organized and existing under of the laws of the State of Alabama, whose sole member is the Collegiate Housing Foundation, a nonprofit corporation duly organized and existing under of the laws of the State of Alabama and an organization described in Section 501(c)(3) of the Code, of up to $400,000,000 aggregate principal amount of the Issuer's Student Housing Revenue Bonds, City of Plum Springs Series 2026 (Collegiate Housing Foundation – Bowling Green, L.L.C. – Western Kentucky University Project) (the "Bonds"), pursuant to a resolution or resolutions of the Issuer. The proceeds of the Bonds will be used by the Borrower to (a)(1) acquire substantially all of the existing housing assets (collectively, the "Legacy Housing Facilities") of Western Kentucky University (the "University"); (2) renovate certain of the Legacy Housing Facilities; (3) demolish certain of the Legacy Housing Facilities; and (4) develop, acquire, construct, install, and equip a new approximately 1,000-bed student housing and dining facility (the "New Project"); (b) fund interest on the Bonds during the period of construction of the New Project; (c) fund a debt service reserve for the Bonds; (d) finance certain startup costs and related working capital for the New Project; (e) pay the costs of credit enhancement for the Bonds; and (f) pay the costs of issuing the Bonds. All of the forgoing facilities to be financed with the proceeds of the Bonds are located or are to be located throughout the University's campus. The campus is situated on a location known as "The Hill" in Bowling Green, Kentucky and is located at or around the University's primary address of 1906 College Heights Boulevard, Bowling Green, Kentucky 42101. THE BONDS SHALL NOT REPRESENT OR CONSTITUTE A DEBT OR PLEDGE OF THE FAITH AND CREDIT OR THE TAXING POWER OF THE ISSUER, THE COMMONWEALTH OF KENTUCKY, OR ANY POLITICAL SUBDIVISION OF THE COMMONWEALTH OF KENTUCKY. THE ISSUER HAS NO TAXING POWER. The Issuer, at the request of the Borrower, reserves the right to issue Bonds under the above-described plan of financing for less than all of the above-described purposes and/or in an aggregate amount less than the maximum aggregate amount shown above. Interested persons who wish to express their opinions on the proposed financing may participate in the telephonic public hearing by calling the telephonic conference line at 1-833-827-2649 (a toll-free telephone number), Conference I.D.: 76163662#, or by submitting written comments to the address below, provided such written comments are delivered to the Issuer before the time of the public hearing. Additional information concerning the proposed financing may be obtained from, and written comments should be addressed to, the Kentucky Bond Development Corporation, 100 East Vine Street, Suite 800, Lexington, Kentucky 40507, Attention: Steven Pickarski, Telephone: 859-977-3743, Email: spickarski@klc.org. This notice is given pursuant to Section 147(f) of the Internal Revenue Code of 1986, as amended. KENTUCKY BOND DEVELOPMENT CORPORATION IPL0325705 Mar 26 2026