We served as bond counsel for SDG Housing Partners LLC in connection with two affordable housing rehabilitation projects in Tennessee, totaling $45.9 million. The projects involved the rehabilitation of Ridgebrook Apartments, a 98-unit complex in Knoxville, and Hickory Forest Apartments, a 101-unit complex in Nashville. These transactions are among SDG’s first ventures into affordable housing in Tennessee, reinforcing their commitment to addressing the significant need for affordable housing in a state where 23% of renter households have extremely low incomes.
Nearly $46 Million in Affordable Housing Rehabilitations
Nearly $46 Million in Affordable Housing Rehabilitations
We served as bond counsel for SDG Housing Partners LLC in connection with two affordable housing rehabilitation projects in Tennessee, totaling $45.9 million. The projects involved the rehabilitation of Ridgebrook Apartments, a 98-unit complex in Knoxville, and Hickory Forest Apartments, a 101-unit complex in Nashville. These transactions are among SDG’s first ventures into affordable housing in Tennessee, reinforcing their commitment to addressing the significant need for affordable housing in a state where 23% of renter households have extremely low incomes.