Monthly Archives: November 2015

Tennessee Housing Development Authority pledges $1 million to match donations to Habitat for Humanity’s...

The Tennessee Housing Development Agency, Habitat for Humanity of Greater Memphis and Habitat for Humanity International announced a major challenge grant to kick off the fundraising effort for Habitat’s 2016 Jimmy & Rosalynn Carter Work Project in Memphis. THDA will match the first $1 million in donations for the project.

October Market Report

Memphis-area home sales for October decreased 3.5 percent from a year ago, with 1,336 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 6.2 percent from September, when there were 1,424 total sales. Average sales price from October-to-October was up 4.3 percent, at $156,692. Inventory decreased 1.8 percent, with 6,291 units listed for sale.

EPA and the City of Memphis and Shelby County Partner to Address Lead in...

“We are grateful that the EPA has recognized a need in our city and is taking steps to address it by piloting this program in Memphis,” said Mayor A C Wharton, Jr. “Appropriate training for those who will be renovating, repairing and painting homes with lead-based paint is critical to making these homes safe for some of our most vulnerable citizens. This project represents a growth opportunity for local companies and an opportunity to enhance the safety and livability of these aging homes.”

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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