CONTRACTAPPROVED

Knoxville's Community Development Corp. Awards Financial Services Contract to Dga St. Mary's LP (May 2026)

Knoxville's Community Development Corp. logoKnoxville's Community Development Corp.
Disclosed value
Not to exceed $45,000,000 (bond issuance)
From agendapacket
Approved
May 28, 2026

The 30-second brief

What it covers

KCDC approved final documents to issue up to $45 million in GNMA-collateralized multifamily housing revenue bonds for the Riella at Oakwood project, with DGA St. Mary’s LP as conduit borrower. The financing structure involves CastleOak Securities as bond purchaser, U.S. Bank Trust as trustee, and Walker & Dunlop as lender.

Who holds it

Dga St. Mary's LP holds this financial services contract with Knoxville's Community Development Corp..

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Contract details

Contract type
Financial Services
Amount
Not to exceed $45,000,000 (bond issuance)
Document date
May 28, 2026
Vendor
Dga St. Mary's LP
Source document
Knoxville's Community Development Corporation AgendaPacket 2026-05-28 (AgendaPacket)

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Questions about this contract

Who was awarded the financial services contract by Knoxville's Community Development Corp.?

Dga St. Mary's LP was awarded this financial services contract by Knoxville's Community Development Corp., as recorded on May 28, 2026. The contract value is Not to exceed $45,000,000 (bond issuance).

How much is the Dga St. Mary's LP contract with Knoxville's Community Development Corp. worth?

The Dga St. Mary's LP contract with Knoxville's Community Development Corp. is valued at Not to exceed $45,000,000 (bond issuance), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Knoxville's Community Development Corporation AgendaPacket 2026-05-28 (AgendaPacket), dated May 28, 2026 from Knoxville's Community Development Corp.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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