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TennBear

Court Square Center

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Court Square Center received approval this week from Washington D.C. on $5 million in Section 108 loan guarantee funds from the Department of Housing and Urban Development. The project initially qualified for the loan in fall 2003, but the money has been in question since HUD was forced to rescind funds in 2004. The Court Square Center also received a PILOT for work on the street scape around the three buildings. They had previously recieved a PILOT on Sept 20, 2005 for the buildings. Maybe this will mean progress in this project that had seemed to have stalled.

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