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.
Tax-exempt Financing for Low-Income Housing Facility in Knoxville
Client Type: Government
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Throughout 2019 and 2020, we assisted one of the largest, publicly traded home construction companies in its acquisition of over 300-platted residential lots in a series of transactions for developments across West Tennessee