Knoxville's Community Development Corporation AgendaPacket 2026-05-28
Final approval of $25M Riella at River’s Edge bonds
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Description
KCDC approved a final resolution to issue up to $25 million in collateralized Multifamily Housing Bonds for the Riella at River’s Edge project, with DGA Hillwood LP as conduit borrower. The financing uses a trust indenture with U.S. Bank Trust Company and a loan agreement securing repayment from project revenues.
Contract Details
Contract Amount
Not to exceed $25,000,000 (bond issue)
Vendor
DGA HILLWOOD LP
Agency
Knoxville's Community Development Corp., TN
Contract Type
FINANCIAL_SERVICES
Document Date
May 28, 2026
Issuing Agency
Knoxville's Community Development Corp.
Local Housing Authority
Knoxville, TN
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Knoxville's Community Development Corporation AgendaPacket 2026-05-28
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Knoxville's Community Development Corporation AgendaPacket 2026-05-28
Knoxville's Community Development Corporation AgendaPacket 2026-05-28
Knoxville's Community Development Corporation AgendaPacket 2026-05-28
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