Knoxville's Community Development Corp. Awards Financial Services Contract to Union at Smoky Mountain Lp (September 2026)

KCDC approved a PILOT sublease agreement with Union at Smoky Mountain, LP to support development of approximately 100 new affordable housing units at 0 Lovell Road. The transaction structures KCDC as ground lessor, providing tax incentive support ahead of a planned construction start in late 2026.

Document date · September 24, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

PILOT and sublease terms will govern payments in lieu of taxes over the life of the project; specific duration is not stated in the document.

Document type

AgendaPacket

Source document

Knoxville's Community Development Corporation AgendaPacket Board Meeting 2026-09-24

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Other contracts from Union at Smoky Mountain Lp.

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

APPROVED

Knoxville's Community Development Corp., TennesseeNot to exceed $20,000,000 (bond issuance)May 28, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Union at Smoky Mountain Lp was awarded this financial services contract by Knoxville's Community Development Corp., as recorded on September 24, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Knoxville's Community Development Corporation AgendaPacket Board Meeting 2026-09-24 (AgendaPacket), dated September 24, 2026 from Knoxville's Community Development Corp.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Union at Smoky Mountain Lp hold?

Union at Smoky Mountain Lp 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 Union at Smoky Mountain Lp's profile

What is Knoxville's Community Development Corp. currently buying?

Explore Knoxville's Community Development Corp.'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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