Final $20M Bonds OK’d for Union at Smoky Mountain
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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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Issuing Agency
Local Housing Authority
Knoxville, TN
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