Grants

Grants

$500,000 Grant to Help Individuals with IDD Live Independently in Nashville

THDA will provide $500,000 to help Urban Housing Solutions develop a second apartment complex where Nashvillians with intellectual and developmental disabilities (IDD) can live as independently as possible

Tennessee Housing Development Agency 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.

Congressman Cohen: Memphis Wins $30 Million Choice Neighborhood Grant from HUD

Congressman Steve Cohen (TN-09) was joined by Mayor A C Wharton, Housing and Urban Development Director Ed Jennings, and Rosalyn Willis from McCormack Baron Salazar in announcing that Memphis will receive $30 million in federal funding to redevelop Foote Homes and revitalize Memphis after winning President Obama’s Choice Neighborhood competition. Earlier this year, the City of Memphis was selected by the U.S. Department of Housing and Urban Development (HUD) as one of nine finalists for this grant after a multi-year effort by Congressman Cohen, Mayor Wharton and others in the city, to encourage the Obama administration to designate Memphis as a Choice Neighborhood.

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.

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

USDA to Give Priority Funding for Regional Economic Development Projects

The new Regional Development Priority (RDP) policy will make it easier for rural communities to access resources to invest in long-term community development efforts by giving priority to applications for Rural Development programs that include regional partnerships and strategies.

Knoxville on Short List for $100K Bell Helmets Trail Building Grant

Knoxville's Appalachian Mountain Bike Club's project to build a world-class bike trail in the Urban Wilderness is a finalist in the Eastern Region of the Bell Helmets Trail Building Grant program. The winner will be determined by online voting that starts on Monday, May 11, 2015.

Shelbyville Housing Authority awarded Housing Trust Fund grant

The Shelbyville Housing Authority received a grant from Tennessee Housing Development Agency to construct supportive housing for Bedford County residents. Tennessee Housing Development Agency (THDA) made the $90,000 Housing Trust Fund grant at its November Board of Directors meeting. The grant was one of 11 totaling $2.8 million that were approved by the board.

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

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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June Market Report

Memphis-area home sales for June increased 4.2 percent from a year ago, with 1,887 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 6.1 percent from May when there were 1,779 total sales. Average sales price from June-to-June was up 1.6 percent, at $186,626. Inventory increased 1.7 percent, with 4,777 units listed for sale. Year-to-Date sales volume was up 13.3 percent at $1.53 billion.