PUBLIC NOTICE - - - PUBLIC NOTICE OF A 4% TAX CREDIT APPLICATION TO LOUISIANA HOUSING CORPORATION – NEW CONSTRUCTION OF AFFORDABLE MULTI-FAMILY HOUSING Owner: The Reserve at Lapalco Place, LLC Project: The Reserve at Lapalco Place Address: 5401 Lapalco Blvd, Marrero, LA 70072 Maximum # of Units: 104 Unit Mix: approximately 24 one-bedroom, 43 two-bedroom, 25 three-bedroom, and 12 four-bedroom units targeted for a wide range of household incomes between 20% and 80% AMI. Community Facility: The property will include a community facility and there will be access for the tenants to preventive health services, dental services, and/or mental health services on a quarterly basis. Type: New Construction for Occupancy by Families Total Development Cost / Financing: The total development cost is estimated to be approximately $36,385,626 which will be funded as follows: $10,577,189 equity from sale of 4% LIHTC; $5,856,000 permanent tax-exempt bank loan; $10,000,000 CDBG loan, and $9,952,437 of other sources. Contact: The Reserve at Lapalco Place, LLC (taxpayer name) via CST Land Developers, LLC. Mr. Thomas C. Delahaye, Managing Member, 1113 Range Avenue, Suite 110, Box 126, Denham Springs, LA 70726. Contact at (225) 933-3584 or tdelahaye@cstmultifamilyrealestateservices.com. 188356-may 2123-3t $529