East Tennessee LIHTC Portfolio

This portfolio is situated in Eastern Tennessee, in the cities of Kingsport, Johnson City, and Greeneville. Kingsport, TN | Beason Well Kingsport, situated in Northeast Tennessee's Tri-Cities region, is a city with a rich industrial heritage and a commitment to economic development. The city has seen its revenues grow by nearly $4.5 million during the 2022 fiscal year, reflecting a 4% increase over the previous year according to the city’s website. Major employers such as Eastman Chemical Company and Holston Valley Medical Center contribute to a diverse economic base. Residents enjoy a high quality of life, with exceptional public schools, a rich history, and a welcoming community. The city's strategic location along major transportation routes, including I-26 and U.S. Highways 11W and 23, provides excellent connectivity to surrounding areas. Kingsport's blend of economic growth, community amenities, and natural beauty makes it an attractive place to live and work. Johnson city, TN | Orleans Terrace Johnson City is a dynamic center of commerce, education, and healthcare in Northeast Tennessee’s Tri-Cities region. Anchored by East Tennessee State University and Johnson City Medical Center, the city boasts a diverse economy with strong employment in healthcare, education, and retail. Its location along I-26, with easy access to I-81, enhances regional connectivity to Asheville, Knoxville, and beyond. Known for its blend of urban energy and natural beauty, Johnson City offers vibrant downtown spaces, thriving local businesses, and abundant outdoor activities near Boone Lake and the Appalachian Trail. This combination of economic growth, recreational amenities, and an affordable cost of living drives consistent demand in the multifamily housing market. Greeneville, TN | Blue Spring Village Greeneville, the county seat of Greene County, is a historically rich and economically diverse community in Northeast Tennessee. Conveniently located along U.S. Highways 11E and 321, it offers easy access to Johnson City, Knoxville, and the Tri-Cities. The local economy is supported by key industries such as manufacturing, healthcare, and education, with major employers including Jarden Zinc Products and Laughlin Memorial Hospital. Nestled near the Appalachian Mountains, Greeneville provides residents with a high quality of life and abundant outdoor recreation, including access to the Cherokee National Forest. With a strong community, affordable living, and growing commercial development, the town continues to support a stable rental market and demand for multifamily housing.