Knoxville Mayor Madeline Rogero, City of Knoxville Director of Community Development Becky Wade, Elmington Capital Group Vice President John Shepard, KCDC staff, City officials and community development partners Nashville-based housing developer Elmington Capital Group will hold a groundbreaking ceremony at the site of the future Flats at Pond Gap affordable housing development.
This $22 million project will result in 102 units of affordable rental housing for families whose annual income is at or below 60 percent of the median income. “Affordable” is defined as costing the renter no more than 30 percent of a household’s income.
City Council approved $555,000 in funding from the City’s Affordable Rental Development Fund to support the Flats at Pond Gap development.
Anyone needing a disability accommodation to attend the ground-breaking should contact Stephanie Cook at scook@knoxvilletn.gov or 865-215-2034. For an English interpreter, contact Title VI Coordinator Tatia M. Harris at 865-215-2831.
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