We served as bond counsel in connection with the issuance of tax-exempt bonds for the rehabilitation of five different affordable housing facilities throughout the State of Tennessee, including two housing facilities being developed by LHP Capital in Harriman and Manchester, two housing facilities being developed by Alco Properties in Cleveland and Chattanooga, and one housing facility being developed by Burlington Capital in Murfreesboro.
Tax-exempt Bonds for the Development of Five Affordable Housing Facilities
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Served as bond counsel to Emerald Academy in connection with a tax exempt bond issue
Represented the Metro Nashville Sports Authority as bond counsel in connection with the issuance of $225 million of bonds in December 2020 to finance the construction of the new Major League Soccer (MLS) Stadium at the Nashville Fairgrounds
We represented Shelby County Schools (SCS) Board in a transaction to secure funding bringing laptop computers to nearly 95,000 students in the District. By providing nearly 95,000+ new devices and WiFi access to students in the District, each student will have the proper materials to participate in online learning this year. Students are scheduled to have a laptop or tablet by November 2020. The investment in students, which was announced on June 16, is historic step for the District in bridging the digital divide and builds upon the ongoing Equity in Action Plan, which aims to ensure all students have the same access to academic supports.
COVID-19 highlighted the lack of internet access and technology for many students and families in Memphis, Tennessee. This deal is part of a broader $37 million plan to enable all students to learn online. The transaction was formed through a lease-purchase agreement with Microsoft and Hewlett Packard. The funding included federal coronavirus relief dollars through the CARES Act Fund, as well as government bonds from Shelby County and the City of Memphis.