Final approval for $25M Riella at River’s Edge bonds
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Description
KCDC approved final documents to issue up to $25 million in collateralized multifamily housing bonds for the Riella at River’s Edge project, naming DGA Hillwood LP as conduit borrower. The bond package includes a purchase agreement, trust indenture with U.S. Bank Trust, and a loan agreement.
Contract Details
Contract Amount
Not to exceed $25,000,000 (bond issuance)
Vendor
DGA HILLWOOD LP
Agency
Knoxville's Community Development Corp., TN
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
Issuing Agency
Local Housing Authority
Knoxville, TN
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