Monthly Archives: July 2015

Cohen Announces $1.35 Million for Affordable Housing in Shelby County

Congressman Steve Cohen (TN-09) today announced a total of $1,352,963 in federal funds to support affordable housing programs and facilities in Shelby County. This funding comes through the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) and HOME Grant programs.

Three Tennessee Men Plead Guilty to Killing During Home-Invasion Robbery

Three Clarksville, Tennessee, men pleaded guilty to using a firearm to kill during a home-invasion robbery.  Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S. Attorney David Rivera of the Middle District of Tennessee made the announcement.

President’s ConnectHome Initiative Targets Memphis for Bridge over Digital Divide, Accelerated Broadband Adoption

Congressman Steve Cohen (TN-09) commended Memphis’ selection as a participant in President Obama’s new ConnectHome initiative, which is aimed at accelerating broadband internet adoption by families and children through partnerships with local governments, private industry, non-profits, and other entities focused on tailoring internet access solutions to our community. Nationwide, both low-income and African-American households are significantly less likely to have internet access at home than other households.

Memphis Selected as Choice Neighborhood Finalist, Will Compete for up to $30 Million in...

Congressman Steve Cohen (TN-09) announced today that the U.S. Department of Housing and Urban Development (HUD) has selected the city as one of nine finalists for a HUD Choice Neighborhood Implementation Grant. The city will now compete for an individual federal grant worth up to $30 million, with winners expected to be announced in September. Today’s announcement follows years of effort by Congressman Cohen, working with Mayor Wharton and others in the city, to encourage the Obama administration to designate Memphis as a Choice Neighborhood

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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

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