Monthly Archives: November 2013

KCDC to Hold Second Five Points Master Plan Public Workshop, Gather Feedback on Conceptual...

Knoxville's Community Development Corporation (KCDC) will hold its next public workshop for the Five Points Master Plan process at the Walter P. Taylor Boys and Girls Club, 317 McConnell St., on Thursday, Dec. 5, from 5:30 to 7:30 p.m

Public Meeting Dec. 5 for Community Development Dept. Annual Action Plan

The City of Knoxville's Community Development Department is developing its 2014 Annual Action Plan for use of Community Development Block Grant (CDBG), HOME Investment Partnerships Act, and Emergency Solutions Grant (ESG) funds during the fiscal year that begins July 1, 2014

City Takes Control of McClung Warehouse Property

On Wednesday, Nov. 13th, the City of Knoxville formally assumed control of six properties on West Jackson Avenue, including the historic McClung Warehouses. Under an agreement signed by the bankruptcy trustee for the properties, the City paid $1.45 million to settle an outstanding lawsuit and acquire the land and buildings

October Market Report

MEMPHIS, Tenn., - November 14, 2013 - (RealEstateRama) -- Memphis-area home sales for October were flat from a year ago, with 1,378 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales were up 5.3 percent from September. Average sales price YTD rose 10.7 percent to $143,200. Inventory was down 0.9 percent with 6,615 units listed for sale. Sales volume YTD increased 20.6 percent to $1.99 billion

HUD APPROVES $7.5 MILLION DISASTER RECOVERY PLAN IN TENNESSEE

WASHINGTON, D.C. - November 6, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today approved a disaster recovery plan totaling nearly $7.5 million to help Shelby County, Tennessee to recover from severe storms, tornadoes, straight line winds, and flooding in May of 2011. These disaster plans will rely on grants provided earlier this year through HUD’s Community Development Block Grant (CDBG) Program.

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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

MAAR

June Market Report