PUBLIC NOTICE - - - Summary of Public Notice: Project Owner: Bywater Housing Partners, LLC Project Name: 4100 Bywater Project Address: Southeast intersection of Royal Street and Mazant Street. Entire block outlined by Royal Street (North), France Street (East), Chartres Street (South), and Mazant Street (West) Total Units: 82 Units – Elevator Walkup Mix of Units: (33 - 1 Bedroom, 41- 2 Bedroom, 8 – 3 Bedroom) The project owner is proposing the new construction of the 4100 Bywater development, which is a 82-unit/ 4 story/ elevator walkup housing development. The development will consist of a community facility and supportive services which will be available for the tenants. The applicant is applying for a reservation of 4% LIHTC’s from the Louisiana Housing Corporation. The total estimated development cost is $38,000,000. The development will be funded with private financing and equity proceeds from the sale of Low-Income Housing Tax Credit and other financing provided as follows (Amounts are estimated): Permanent Financing $ 4,800,000 LIHTC Equity $ 14,800,000 Deferred Developer Fee $1,100,000 Prime 4 Funds $ 5,000,000 Other: City of New Orleans $ 12,300,000 Total sources of funds $ 38,000,000 NOTE: Please contact Samson Babalola at 409-332-5089 or appsLA@itexgrp.com for any questions regarding this notice. 186918-may 9-10-11-3t $631.12