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Churchill Stateside Group Closes Financing for Rural Development 515 Portfolio in Kentucky

Jan 27, 2025•over 1 year ago

Contract Type

partnership

ClearwaterEnergyFinancial ServicesFinance

Description

Churchill Stateside Group, LLC has closed a financing deal for the preservation and rehabilitation of a 6-property USDA Rural Development 515 portfolio in Kentucky. The deal includes the allocation of 4% Low Income Housing Tax Credit Equity to aid in the preservation of affordable housing in multiple counties throughout the state.

Company Information

Company

Churchill Stateside Group

Location

Clearwater, Florida, United States

About

Churchill Stateside Group and its wholly owned affiliates (CSG) serve the affordable housing and commercial renewable energy industries. CSG sponsors tax credit equity investment funds for institutional investors and provides a variety of construction, permanent, and bond financing solutions. With over $5 Billion of assets under management, CSG has long-standing and successful investment relationships with numerous corporate investors. The company’s investor and developer clients benefit from our experienced staff, prominent and proactive senior leadership, and attractive debt and equity platforms. The company, through its subsidiary Churchill Mortgage Investment LLC, is an approved USDA Rural Development and HUD/FHA MAP and LEAN lender and Ginnie Mae Issuer.

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