NOTICE OF PUBLIC HEARING
NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION
Notice is hereby given of a public hearing to be held by the New Hope Cultural Education Facilities Finance Corporation (the "Issuer") on Thursday, September 10, 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 $200,000,000, the proceeds of which will be loaned to Presbyterian Village North Forefront Living, or an affiliated entity (the "Borrower").
The Obligations will be issued to finance and refinance the costs of acquisition, construction and renovation of (A) Presbyterian Village North, a continuing care retirement community located at 8600 Skyline Drive, Dallas, Texas 75243 ("PVN"), in an aggregate principal amount not to exceed $190,000,000, and (B) St. Joseph Village, an independent living and assisted living retirement community located at 1201 E Sandy Lake Road, Coppell, Texas 75019 ("SJV" and, collectively with PVN, the "Project"), in an aggregate principal amount not to exceed $10,000,000. 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.
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