CLEARWATER, Fla., Oct. 3, 2023 /PRNewswire-PRWeb/ -- Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the grand opening of a new-construction 4% bond deal for an affordable housing project in Knoxville, Tennessee.

KNOXVILLE, Tenn. — Mayor of Knoxville, Indya Kincannon, says affordable housing is a top priority for her administration. This is why affordable housing development is happening throughout the city.

KNOXVILLE, Tenn. (WATE) — A new apartment complex is opening in Knoxville, promising 66 new affordable housing units for the city. This apartment comes as a poll found that 48% of Knoxville voters named increasing affordable housing in Knoxville as a top priority.

Last week, officials broke ground for Liberty Place, a $15-million affordable apartment community that will house 32 formerly homeless military veterans.

On Sept. 7, 2023, Inskip Flats, a $17 million complex with 66 affordable units, will officially open.

These are just the two latest public-private collaborative investments that are adding, in a big way, new affordable housing in Knoxville.

CLEARWATER, FL, January 04, 2022 — Churchill Stateside Group, LLC (CSG), a real estate and renewable energy financial services company, is pleased to announce the closing of financing for a new-construction affordable housing project in Knoxville, Tennessee. The apartment community will consist of 66 units catering to family tenancy. The improvements will be constructed utilizing Federal Low-Income Housing Tax Credit Equity and conventional loan financing.

JUNE 21, 2022—Since last fall, Knoxville leaders have been working to bring affordable housing to Inskip. However, many people who live in the area say it will only bring more traffic. Other people say the more affordable housing, the better.

Two other projects are under construction in the area. One project is on Inskip Road and another is on Elder Road, creating more than 60 homes for the community.