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Health and Educational Facilities Board approves supplemental financing for 101 Factory multifamily project
Summary
The board granted supplemental approval for ECG Chestnut Hill LP to issue up to $4,000,700 in multifamily mortgage revenue bonds for the completed 101 Factory project, a 204‑unit income‑restricted development near Trevecca Nazarene University.
The Health and Educational Facilities Board on Wednesday approved a supplemental request allowing ECG Chestnut Hill LP to issue up to $4,000,700 in multifamily mortgage revenue financing for the 101 Factory development.
Board Chair moved to accept the minutes from the Aug. 11 meeting and later introduced the item for supplemental approval, noting the request had come before the board previously. A representative for the…
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