ABOUT SOUTHEASTERN HOUSING FOUNDATION »

Southeastern Housing Foundation, Inc. (SHF) is a tax exempt supporting organization of Knoxville Leadership Foundation.

OUR MISSION

Southeastern Housing Foundation’s mission is to develop, own, and operate multi-family rental housing for low-income and at-risk individuals and families.

OUR PARTNERS & FUNDING »

Southeastern Housing Foundation utilizes a number of strategic partnerships and funding sources, including:

  • Multifamily Tax Exempt Bonds
  • Low-Income Housing Tax Credits
  • Historic Tax Credits

  • Tax Credit Assistance Program

  • Community Investment Tax Credit Loans (CITC)

  • Tennessee Housing Development Agency Housing Trust Fund

  • Federal Home Loan Bank Affordable Housing Program

  • HUD Supportive Housing Program

  • HUD Mark to Market

  • Neighborhood Stabilization Program

  • HOME Funds

  • Community Development Block Grant (CDBG)

  • Section 8 Housing Choice Vouchers

  • Private Commercial Mortgages (construction and permanent)

  • Community Development Block Grants

  • Private/Charitable Donation

OTHER PROJECTS INCLUDE »

MINVILLE MANOR

FEE DEVELOPER

57 units, $7,000,000 development cost. (LIHTC Equity, Tax-Exempt Bonds, HTF Grant, HOME, CDBG, & NSP funds, for this project.) Now owned and operated by Volunteer Ministry Center.
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HIAWASSEE SQUARE

ACQUISITION / OWNER

24 units, $700,000 acquisition cost. Acquisition of existing Section 42 development using HOME funds and CITC Loans.
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FLENNIKEN LANDING

DEVELOPER / OWNER

48 units, $7,000,000 development cost. (LIHTC, FHLB-AHP, CDBG, HOME, THDA Housing Trust Fund, NSP).
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SUTHERLAND SQUARE

ACQUISITION / OWNER

36 units, $672,000 acquisition cost. Acquisition of existing Section 42 development using a CITC loan.
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DUNLAP GARDENS

ACQUISITION / REHAB DEVELOPER / OWNER

50 units, $3,140,000 development cost. (Former HUD Mark to Market property, CITC, and THDA Trust Fund.)
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