Multifamily news in Affordable Housing - Nashville-Knoxville
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LIHTC Pilot Speeds Up Affordable Financing
A Tennessee affordable housing community catering to seniors and disabled residents became the first property financed by HUD’s Atlanta office under the new LIHTC Pilot program.
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Affordable Nashville Community Trades for $9M
Hallmark Co. purchased the 112-unit multifamily asset in the metro’s Fairview submarket using more than $7 million in Fannie Mae financing from CBRE.
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Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
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Elmington Lands $24M Construction Loan
The two-year HUD loan will finance the development of Twelfth & Wedgewood, a 153-unit affordable housing project in Nashville.
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Nashville Asset Lands $31M HUD Loan
LSA Capital will begin extensive renovations to Haynes Garden Apartments, a 208-unit affordable housing property with 17 buildings.