Churchill Stateside Group Closes on a $9MM Construction Loan and a $7.2MM Forward Permanent Loan Commitment in Knoxville, TN

Inskip Flats
Written By Megan Varner

Conventional Construction Loan and Forward Permanent Commitment for an Affordable New Construction project in Tennessee

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. CSG will be providing a $9MM construction loan and a $7.2MM permanent loan commitment.

Megan Varner www.meganvarner.com
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