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Equity Investor and CITC Services for Bell Street Flats LIHTC Q2012.docx

  • Library: Purchissues
  • Year Created: 2021
  • File Type: DOCX
The document outlines a project by Knoxville's Community Development Corporation (KCDC) to redevelop Austin Homes into a mixed-income, mixed-use urban neighborhood. The project involves the construction of 105 units in 9 buildings, with 79 LIHTC units and 26 market rate units. KCDC is seeking an equity investor and CITC services for the Bell Street Flats development. The project is funded through various sources including LIHTC and CITC loans. KCDC has a history of completing similar projects and has received a 2019 LIHTC allocation for this development. The document provides detailed instructions for submitting proposals, evaluation criteria, and outlines KCDC's rights and requirements throughout the process.
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