NOTICE IS HEREBY GIVEN on behalf of the Community Development Administration (the "Administration") of its intention to redeem the entire outstanding amount of the above-captioned bonds (the "Bonds"), on December 1, 2000 (the "Redemption Date"). Such Bonds will be redeemed in the amount of 102% of the principal amount (the "Redemption Price") plus accrued interest to the Redemption Date as set forth below. On and after the Redemption Date interest on the Bonds called for redemption shall cease to accrue.

The CUSIP numbers, maturity dates, and amounts of the Bonds called for redemption are as follows:

*CUSIP Number:	Maturity Date	Principal Amount	Redemption Price
57419HRV1	December 1, 2010	$2,735,000	$2,789,700
57419HRW9	December 1, 2020	3,460,000	3,529,200

* No representation is made to the correctness of the CUSIP number either as printed on the Bonds or as contained in any notice of redemption and reliance may be placed only on the identification numbers established under the Series Certificate.

Payment of the Redemption Price plus accrued interest for the Bonds will be made without presentation and surrender of the Bonds to Allfirst Bank, as Trustee and Escrow Agent at the following address:

Allfirst Bank
Corporate Trust Operations (M/C 109-754)
110 S. Paca St., 7^Th Floor
Baltimore, MD 21201

BY: Allfirst Bank, Trustee
(410) 545-2135

Dated: November 2, 2000

Under the provisions of the Interest and Dividend Tax Compliance Act of 1983, paying agents making payment of principal on municipal securities will be obligated to withhold 31% of the payment of principal to holders who have failed to provide the paying agent with a valid Taxpayer Identification Number. Holders of the above-described securities will avoid such withholdings by providing a certified taxpayer identification number on form W-9 when presenting securities for payment.