Developer Seeks $54M IDD Financing for Armistead Project

ArmisteadTN, LLC has petitioned the City of Franklin to create the Armistead Infrastructure Development District and to finance roughly $54.2 million in public infrastructure via special assessment revenue bonds over a term of up to 30 years. The developer will enter a development agreement with the City committing to construct the improvements and satisfy assessment, reporting, and security requirements.

Document date · May 14, 2026

Track Franklin Housing Authority contracts

Get alerts when new contracts are awarded or existing ones approach renewal at Franklin Housing Authority.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract type

CONSTRUCTION

Contract term

Up to 30-year maximum assessment period requested

Renewal

Initial district financing structure anticipated as up to a 30-year special assessment bond program; any extensions or refundings would be governed by future bond documents and development agreements.

Document type

Report

Source document

City of Franklin Report Armistead Infrastructure Development District Petition 2026-05-14

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the construction contract by Franklin Housing Authority?

Armisteadtn Llc was awarded this construction contract by Franklin Housing Authority, as recorded on May 14, 2026.

What type of contract is this?

This is a Construction contract, documented as a report record.

Where was this contract approved?

This contract appears in City of Franklin Report Armistead Infrastructure Development District Petition 2026-05-14 (Report), dated May 14, 2026 from Franklin Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Armisteadtn Llc hold?

Armisteadtn Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Armisteadtn Llc's profile

What is Franklin Housing Authority currently buying?

Explore Franklin Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Franklin Housing Authority's profile