“I think people have a lot of preconceived notions about affordable housing, but it’s for the people who work in the communities you live in,” Varner said. “I think a lot of people have a misconception about what affordable housing is, they think it’s the old public housing model. I could show you 10 apartment complexes in Knoxville that you wouldn’t be able to tell which ones are affordable and market rate. Being able to help people move into this high quality and safe affordable units is really a rewarding part of this.”

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.

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.

With the closing of its three latest low-income housing tax credit (LIHTC) funds, WNC will look to support the construction or renovation of more than 2,300 affordable housing units in several states in the U.S.

The three funds raised a total of approximately $255 million in equity, which will be used for affordable housing projects in Alaska, Arkansas, California, Georgia, Maine, North Carolina, North Dakota, New Hampshire, Oregon, South Carolina, Tennessee, Texas and Washington…