Notice of Public Hearing (TEFRA)

NOTICE OF PUBLIC HEARING (TEFRA) (Posted June 2, 2026 at 2:10 pm)

NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY

NOTICE OF PUBLIC HEARING

            The New Jersey Economic Development Authority (the “Authority”) will hold a public hearing at its regular monthly meeting on June 10, 2026 at 10:00 a.m. at the Authority’s Board Room located at 36 West State Street, Trenton, Nhttps://www.njeda.gov/notice-of-public-hearing-tefra-8/ew Jersey 08608 or at 1-888-790-3708 (Conference ID: 7825427).  The public hearing will be held for the purpose of providing a reasonable opportunity for interested persons to express their views, both orally and in writing, with respect to the proposed issuance by the Authority of its qualified 501(c)(3) bonds, as defined in section 145 of the Internal Revenue Code of 1986, as amended (the “Code”) in one or more series (the “Bonds”) pursuant to a plan of financing for the following project:

Owner, Operator or

Manager of Project:                   OWNER: QCF Advantage, LLC, a limited liability company organized under the laws of the State of Delaware (the “Purchaser”), wholly owned by and for tax purposes a division of QCF/I, Inc., a Georgia nonprofit corporation (the “Parent”), intends to purchase all of the membership interests in (a) Advantage Behavioral Health and Wellness, LLC, a New Jersey limited liability company (“ABHW Operating Company”), and Advantage Behavioral Health Services II, LLC, a New Jersey limited liability company (“ABHS Operating  Company”) from ABHS Acquisition Corp., a Delaware corporation (together with its related entities, the “Seller”); (b) Victory Bay Residential Holdings CA, LLC, a California limited liability company (“VBR Holdings”) from principals or affiliates of the Seller; and (c) ABC Real Estate Holdings LLC, a New Jersey limited liability company (“ABC Holdings”) from principals or affiliates of the Seller, with the Purchaser, ABHW Operating Company, ABHS Operating Company, VBR Holdings and ABC Holdings collectively referred to as the “Borrower.”

                                                OPERATOR/MANAGER:  ABH Management Services, LLC

Project Addresses:                     The land and facilities comprising the Project are located in New Jersey (the “State”) and the maximum principal amount of Bonds used to finance each non-proximate facility at the following locations:

Chews Landing Campus:           $406,631,889

Victory Bay                              1361 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1365 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1371 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1373 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1375 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1377 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1379 Chews Landing Road, Laurel Springs, Camden County

ABHS Operating Company       1381 Chews Landing Road, Laurel Springs, Camden County

ABHS Operating Company       1383 Chews Landing Road, Laurel Springs, Camden County

ABHW Operating Company      1384 Chews Landing Road, Laurel Springs, Camden County

Harmony Bay                           1387 Chews Landing Road, Laurel Springs, Camden County

Harmony Bay                           1389 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1391 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1393 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1395 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1397 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1399 Chews Landing Road, Laurel Springs, Camden County

Victory Bay                              1401 Chews Landing Road, Laurel Springs, Camden County

Rockingham Row Campus:       $43,848,597

Victory Bay                              205 Rockingham Row, Princeton, Mercer County

Victory Bay                              213 Rockingham Row, Princeton, Mercer County

Other Project Locations:

Victory Bay                              16 Chapin Road, Suite 912, Pine Brook, Morris County $43,848,597

Dignity Hall                              24 Drexel Ave., Blackwood, Camden County $9,244,865

Dignity Hall                              201 S Warwick Road, Somerdale, Camden County $9,244,865

Dignity Hall                              400 Magnolia Ave., Somerdale, Camden County $9,244,865

Dignity Hall                              4 Morgan Hill Ct., Blackwood, Camden County $9,244,865

Dignity Hall                              118 Ogg Ave., Somerdale, Camden County $9,244,865

Dignity Hall                              15 Lee Ann Drive, Blackwood, Camden County $9,244,865

Dignity Hall                              61 Hemlock Drive, Blackwood, Camden County $9,244,865

Dignity Hall                              3 Waterview Drive, Sicklerville, Camden County $9,244,865

Dignity Hall                              109 Victor Ave., Laurel Springs, Camden County $9,244,865

Dignity Hall                              230 East Elm Ave., Lindenwold, Camden County $9,244,865

Dignity Hall                              50 Whitall Drive, Sicklerville, Camden County $9,244,865

Dignity Hall                              3 Tucker Ct., Clementon, Camden County $9,244,865

Dignity Hall                              12 Diamond Ct., Gloucester Township, Camden County $9,244,865

Dignity Hall                              200 Breckenridge Drive, Sicklerville, Camden County $9,244,865

Dignity Hall                              34 Brandywine Way, Sicklerville, Camden County $9,244,865

Dignity Hall                              6 W Broad Street, Berlin, Camden County $9,244,865

Dignity Hall                              7 Edgewater Ct., Sicklerville, Camden County $9,244,865

Dignity Hall                              6 Jaques Ct., Sicklerville, Camden County $9,244,865

Harmony Bay                           1130 Raritan Road, Suite 3, Cranford, Union County $569,107

Harmony Bay                           17-15 Maple Ave., Fair Lawn, Bergen County $569,107

ABHS Operating Company       623 Lafayette Ave., Hawthorne, Passaic County $110,000

ABHS Operating Company       52 Hyers Street, Toms River, Ocean County $110,000

ABHS Operating Company       7 Eves Drive, Marlton, Burlington County $110,000

ABHS Operating Company       110 Harmon Drive, Blackwood, Camden County $110,000

ABHS Operating Company       5 Eves Drive, Marlton, Burlington County $110,000

ABHS Operating Company       36 Kresson Road, Suite D, Cherry Hill, Camden County $110,000

ABHS Operating Company       36 Kresson Road, Suite C, Cherry Hill, Camden County $110,000

Maximum Aggregate

Face Amount of

Bonds Requested:                     $653,400,000

Description of Project:               (a) the Purchaser’s purchase all of the membership interests in ABHW Operating Company and ABHS Operating Company; (b) the Purchaser’s purchase of all of the membership interests in VBR Holdings; (c) the Purchaser’s purchase of all of the membership interests in ABC Holdings; (d) the Borrower’s financing of the acquisition, construction, expansion, renovation and equipping of Victory Bay, a provider specializing in higher acuity outpatient treatment for mental health, eating, gambling, and substance use disorder treatments, with locations throughout the State, including as set forth above; (e) the Borrower’s financing of the acquisition, construction, expansion, rehabilitation, renovation and equipping of Harmony Bay, a provider of primarily outpatient telehealth behavioral treatment programs including individual and family therapy, psychiatric evaluations, and medication management, with locations throughout the State, including as set forth above; (f) the Borrower’s financing of the acquisition, construction, expansion, rehabilitation, renovation and equipping of Dignity Hall, providing Cooperative Sober  Living Residences, with locations throughout the State, including as set forth above, (clauses (a) through (f) collectively referred to herein as the “Facilities”); and (g) the Borrower (i) establishing a debt service reserve fund for the benefit of the Bonds, (ii) establishing a transition holdback fund to hold a portion of the purchase price subject to release in accordance with certain requirements, (iii) funding certain reserves, (iv) funding a portion of interest due on the Bonds during the transition period for the Facilities, (v) financing working capital, and (vi) paying certain expenses incurred in connection with the issuance of the Bonds.

At the hearing, members of the public may appear in person or by attorney or by calling in on the Authority’s telephone conference line at 1-888-790-3708, Conference ID: 7825427 to provide information and make statements concerning the foregoing application.  Written comments must be submitted to the Authority no later than 5:00 p.m. on the day before the public hearing. ECONOMIC DEVELOPMENT FINANCINGS OF THE NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY WILL BE SPECIAL, LIMITED OBLIGATIONS OF THE AUTHORITY PAYABLE SOLELY FROM THE PAYMENTS MADE BY THE BORROWER TO THE AUTHORITY AND CERTAIN FUNDS AND ACCOUNTS ESTABLISHED UNDER THE INDENTURE FOR THE BONDS AND ARE NOT OBLIGATIONS OF THE STATE OF NEW JERSEY, NOR OF ANY COUNTY OR MUNICIPALITY THEREOF.

This notice is published in accordance with the public notice requirements of Section 147(f) of the Internal Revenue Code of 1986, as amended.

Oral comments will be limited to 3 minutes per speaker.  A person wishing to speak at the hearing will be asked to provide his or her name, address and the person(s) or entity(ies) he or she represents, if any, prior to speaking.  This notice is given pursuant to the provisions of Section 147(f) of the Code.  Written comments will be accepted by the Authority c/o Naimah Marshall, Director-Business Banking, at Naimah.Marshall@njeda.gov, but must be received by 5:00 p.m. on the business day prior to the hearing.