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THDA Serves as Lead Sponsor at Habitat International’s 2016 Jimmy & Rosalynn Carter Work...

Tennessee Housing Development Agency will serve as the lead sponsor of Habitat for Humanity’s Jimmy & Rosalynn Carter Work Project in Memphis, Tennessee, taking place Aug. 21-26, 2016. In partnership with Habitat for Humanity of Greater Memphis, local families will build or improve their homes alongside President and Mrs. Carter and hundreds of volunteers. Projects during the week will include new home construction, neighborhood beautification and home modifications for seniors.


U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking Committee, released the following statement today after a Federal Housing Finance Agency (FHFA) stress test concluded that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac could require a taxpayer-funded bailout of over $125 billion in the case of a severe economic crisis.

June Market Report

Memphis-area home sales for June increased 5.9 percent from a year ago, with 1,781 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 15.7 percent from May, when there were 1,539 total sales. Average sales price from June-to-June was up 5.2 percent, at $182,206. Inventory increased 1.9 percent, with 5,639 units listed for sale. YTD sales volume increased by 9.8 percent, at $1.34 billion.

State Fire Marshal: Use Care in Selecting Off-Campus Housing

As the summer season winds down, college students begin preparations for the fall semester. While some will be first-time students moving into residence halls, many will be moving off-campus and living on their own for the first time. The State Fire Marshal’s Office (SFMO) urges students and their parents to choose fire-safe off-campus housing and discuss fire safety practices in order to prevent potentially life-threatening situations


U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking Committee, released the following statement today after authoring a bipartisan letter to the director of the Federal Housing Finance Agency (FHFA). The letter encouraged Director Mel Watt to avoid taking steps that may facilitate the release of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of conservatorship without comprehensive reform. Senators Mike Crapo (R-Idaho), Heidi Heitkamp (D-N.D.), Dean Heller (R-Nev.), Jon Tester (D-Mont.), and Mark Warner (D-Va.) coauthored the letter

TDCI Offers Information to Tennesseans Affected by Flooding

The Tennessee Department of Commerce & Insurance’s (TDCI) Divisions of Insurance and Consumer Affairs are offering guidelines, tips, and general information to Tennessee homeowners and residents who were affected by the July 7, 2016 flooding

Tennessee Celebrates Homeownership Month

As is tradition, Governor Bill Haslam declared June to be “Homeownership Month” at the request of the Tennessee Housing Development Agency. Part of THDA’s mission is to make homeownership affordable to a wider range of Tennesseans through responsible financing options and the availability of down payment assistance.

2012 Editions of Commercial Building Codes Become Effective August 4

The State Fire Marshal’s Office (SFMO) reminds Tennessee communities that a new version of commercial building codes will be adopted and become effective August 4, 2016.

Consumer Affairs Provides Tips to Avoid Craigslist Housing Scams

The population boom in cities like Nashville has many consumers turning to online housing websites such as Craigslist to find an apartment or rental home. While these popular sites offer convenience for housing seekers, the Tennessee Department of Commerce & Insurance’s (TDCI) Division of Consumer Affairs warns that they can often be a playground for identity thieves and scammers.

Nissan and Heisman Trust partner with Habitat for Humanity to build a real ‘Heisman...

For the fourth consecutive year, Nissan is partnering with the Heisman Trophy Trust to begin construction of a Habitat for Humanity home in a community where the automaker has a business presence. This year the home is located north of Nashville.



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.


Cabinets To Go Expanding in Lawrenceburg

Tennessee Department of Economic and Community Development Commissioner Bob Rolfe and Cabinets To Go officials announced today that the Lawrenceburg-based company will expand its operations in Lawrence County. Cabinets To Go plans to invest $6.5 million and create nearly 70 new jobs in Lawrenceburg.

August Market Report