We assisted Knoxville’s Community Development Corporation (KCDC) with a major modernization program of its public housing projects. This program involved the conversion of many of KCDC’s housing units to a more market-based rental approach under HUD. As part of the project, we assisted KCDC in closing the financing of a new senior housing project in the Five Points area of Knoxville. This project used 9% low-income housing federal tax credits as the primary funding source. We also assisted KCDC in the conversion of two other housing complexes in Knox County.
Low-Income Tax Credit Deal for Knoxville Client
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Served as bond counsel to Ballad Health for a $950 million bond issue to finance new healthcare facilities and refinance certain existing debt
Served as bond counsel to the Tri-Cities Airport Authority in connection with its $8.5 million public bond offering
Represented cities and counties across Tennessee on more than 200 general obligation bond transactions valued at a combined total of approximately $4.5 billion