Kutak Rock served as Special Tax Counsel in connection with the issuance of $129,510,000 of The Health, Educational and Housing Facility Board of the County of Knox Student Housing Revenue Bonds (Provident Group - UTK Properties LLC - University of Tennessee Project), Series 2024. 

The Series 2024 Bonds were issued for the purpose of providing funds to finance the costs of (i) construction of new student housing, consisting of approximately 1,028 beds in 295 primarily semi‐suite style units for freshmen and sophomores to be built on an existing parking lot located on the east corner of the intersection of Volunteer Boulevard and Lake Loudoun Boulevard at the University of Tennessee, Knoxville campus; (ii) associated site development, demolition of existing improvements, and common area space; (iii) acquisition of a ground lease and leasehold interest in the Lake Loudoun Project, and the related real estate, fixtures, equipment, furnishings and facilities; and (iv) amounts required for reserves, working capital, capitalized interest, costs of issuance and other financing expenses related to the issuance of the Series 2024 Bonds, including amounts required to pay premiums for the Series 2024 Bond Insurance Policies and the Series 2024 Reserve Policies.

Fred Marienthal and Shawn Willette worked on this financing.