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IDB re‑induces $48M in revenue bonds for Dominion Encore affordable housing on Buena Vista
Summary
The Industrial Development Board approved inducement of approximately $48 million in revenue bonds for the Dominion Encore affordable‑housing project on Buena Vista, authorizing the developer to pursue THDA funding and triggering a TEFRA public hearing; the motion carried and the chair recorded an indirect conflict and abstained.
The Industrial Development Board on March 4 approved an inducement resolution to re‑issue revenue bonds for Nashville Leased Housing 6 LLLP (Dominion Encore on Buena Vista), a proposed seven‑story affordable‑housing project presented by Ward, a Dominion development associate.
Ward said Dominion — a developer with several recent local projects — is asking the IDB to re‑induce approximately $48 million in…
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