Volume 45 - Issue 4 - January 22, 2026

State of Kansas

Kansas Development Finance Authority

Notice of Hearing

A public hearing will be held at 9:00 a.m. February 10, 2026, in the conference room of Kansas Development Finance Authority (the “Authority”), 534 S. Kansas Ave., Suite 800, Topeka, Kansas, on the proposed issuance or reissuance under a plan of finance by the Authority in one or more series of revenue bonds or other obligations (the “Bonds”) in a principal amount not to exceed $15,000,000. The Bonds will be issued pursuant to K.S.A. 74-8901 et seq. (the “Act”) to finance a portion of the costs of the acquisition and rehabilitation of an approximately 121-unit qualified residential rental project under Section 142 of the Internal Revenue Code, located in an area north of Freeman Avenue, east of N. 7th Street Trafficway, south of Parallel Parkway, and west of N. 5th Street, with a principal address of 566 Freeman Court, in the City of Kansas City, Kansas, known as Chelsea Plaza (the “Project”). The initial owner of the project will be Chelsea Plaza 2023, L.L.C., a Michigan limited liability company (the “Borrower”).

The Bonds will be limited obligations of the Authority, payable solely from revenues pledged by the Borrower, and will not constitute a general obligation or indebtedness of the State of Kansas or any political subdivision thereof, nor will the Bonds constitute an indebtedness for which the faith and credit and taxing powers of the State of Kansas are pledged, but the Bonds will be payable solely from revenues pledged by the Borrower in amounts sufficient to pay the principal of, interest and redemption premium, if any, on the Bonds.

Interested individuals may participate in the public hearing in person or via conference call. Please call toll free 844-621-3956 and use access code 145 880 8929 followed by # to join the conference.

At the time and place fixed for the hearing, all individuals who appear will be given an opportunity to express their views for or against the proposal to issue the Bonds for the Project, and all written comments previously filed with the Authority at its above-referenced offices will be considered. Additional information regarding the Project may be obtained by contacting the Authority at the address of its offices shown above.

Rebecca Floyd
President
Kansas Development Finance Authority

Doc. No. 053813