Tax-exempt Financing for Low-Income Housing Facility in Knoxville

Client Type: Government

We closed a tax-exempt financing for the acquisition and rehabilitation of the Townview Towers, a low-income housing facility in Knoxville. Townview Towers was a problem development for years, with high rates of crime that adversely affected its neighborhood. This redevelopment of the property dramatically improves the quality of the facility.

We closed a tax-exempt financing for the acquisition and rehabilitation of the Townview Towers, a low-income housing facility in Knoxville. Townview Towers was a problem development for years, with high rates of crime that adversely affected its neighborhood. This redevelopment of the property dramatically improves the quality of the facility.