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FINANCIAL_SERVICESAPPROVED

Knoxville's Community Development Corporation AgendaPacket 2026-05-28

Final $20M Bonds OK’d for Union at Smoky Mountain

Not to exceed $20,000,000Knoxville's Community Development Corp.UNION AT SMOKY MOUNTAIN LPMay 28, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

KCDC approved final issuance of up to $20,000,000 in collateralized Multifamily Housing Bonds for the Union at Smoky Mountain project, with Union at Smoky Mountain, LP as the borrower. The financing will support acquisition, construction, and equipping of the Lovell Road multifamily development.

Contract Details

Contract Amount

Not to exceed $20,000,000

Vendor

UNION AT SMOKY MOUNTAIN LP

Agency

Knoxville's Community Development Corp., TN

Contract Type

FINANCIAL_SERVICES

Document Date

May 28, 2026

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