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FINANCIAL_SERVICESAPPROVED

Knoxville's Community Development Corp. Awards Financial Services Contract to Regions Community Investments Llc (June 2026)

KCDC authorized an NMTC equity investment arrangement under which Regions Community Investments, LLC will contribute about $13.2 million to the Investment Fund. KCDC will execute indemnification and put/call agreements with RCI tied to the seven-year NMTC compliance period.

Document date · June 25, 2026

Issuing agencyKnoxville's Community Development Corp.VendorRegions Community Investments Llc

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Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $13,245,000
Contract type
FINANCIAL_SERVICES
Contract term
Seven-year NMTC compliance period for put/call option
Renewal
Put/Call Agreement provides options for KCDC to acquire RCI’s membership interest at the end of the seven-year NMTC compliance period; other NMTC-related agreements may be amended as authorized.
Document type
AgendaPacket
Source document
Knoxville's Community Development Corporation AgendaPacket Board Meeting 2026-06-25

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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.?

Regions Community Investments Llc was awarded this financial services contract by Knoxville's Community Development Corp., as recorded on June 25, 2026. The contract value is Approximately $13,245,000.

How much is the Regions Community Investments Llc contract with Knoxville's Community Development Corp. worth?

The Regions Community Investments Llc contract with Knoxville's Community Development Corp. is valued at Approximately $13,245,000, covering financial services work.

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 2026-06-25 (AgendaPacket), dated June 25, 2026 from Knoxville's Community Development Corp.. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Regions Community Investments Llc hold?

Regions Community Investments 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 Regions Community Investments Llc'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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