Monthly Archives: September 2013

Cohen Announces $720,000 in Federal Funds for Memphis Housing Authority

WASHINGTON, D.C. - September 30, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) today announced that the Memphis Housing Authority has been awarded $720,000 in grant funding to coordinate supportive services designed to help residents achieve economic and housing self-sufficiency

City, County Propose Support for South Waterfront Development

WASHINGTON, D.C. - September 27, 2013 - (RealEstateRama) -- A planned $165 million development on the former Baptist Hospital site along Knoxville's South Waterfront is moving forward, and the City of Knoxville and Knox County are proposing a tax-increment financing (TIF) transaction to support it. The proposed TIF would be authorized by an amendment to the existing Knoxville South Waterfront Redevelopment and Urban Renewal Plan, and would cover the property running along both sides of Blount Avenue from the Gay Street Bridge to just west of the Henley Bridge. A public hearing on the TIF proposal has been set for 4 p.m. on Thursday, Oct. 10th, at the KCDC offices at 901 N. Broadway.

ACDC Dedicates Two New Homes

Columbia, TN - September 20, 2013 - (RealEstateRama) -- Advent Community Development Corporation (ACDC) has scheduled a pair of home dedications September 26 at 10 a.m. The homes were built on land where blighted and dilapidated structures were removed.

MAAR Members Elect Board of Directors for 2014-2015

MEMPHIS, Tenn., - September 17, 2013 - (RealEstateRama) -- At the Memphis Area Association of REALTORS® Annual Meeting and Election September 12, MAAR members elected five individuals to the 2014-2015 Board of Directors. They are

HUD Presents Check to City

WASHINGTON, D.C. - September 17, 2013 - (RealEstateRama) -- Officials with the U.S. Department of Housing and Urban Development (HUD) presented a check for a $2.5 million grant to the City of Knoxville.

Governor’s Housing Summit Opens Oct. 7

Nashville, TN - September 13, 2013 - (RealEstateRama) -- Mortgage finance reform is central to stabilization of the housing market. Two perspectives on this issue will be offered in the opening session of the Governor’s Housing Summit October 7.

Registration Open for Governor’s Housing Summit

Nashville, TN - September 10, 2013 - (RealEstateRama) -- Former Senior Economist at the National Association of Home Builders, Dr. Elliot Eisenberg, is a featured speaker at this year’s Governor’s Housing Summit on October 7-8 at the Music City Center in Nashville

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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Announcement of Maximum Effective Rate of Interest on Home Loans

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest

October Market Report

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