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FINANCIAL_SERVICESAPPROVED

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

KCDC backs preliminary $50M bonds for DGA Ball

Not to exceed $50,000,000 (bond issuance)Knoxville's Community Development Corp.DGA BALL LPMay 28, 2026

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

Description

KCDC adopted a preliminary resolution to issue up to $50 million in revenue bonds for DGA Ball LP to finance an affordable multifamily development in Knoxville. The action authorizes a letter of intent and allows the project to advance pending final bond issuance.

Contract Details

Contract Amount

Not to exceed $50,000,000 (bond issuance)

Vendor

DGA BALL LP

Agency

Knoxville's Community Development Corp., TN

Contract Type

FINANCIAL_SERVICES

Document Date

May 28, 2026

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