Homeless & Crisis Assistance

Homeless & Crisis Assistance

Congressman Cohen Joins President Obama As Housing Relief Bill Is Signed Into Law

Washington, DC - May 20, 2009 - (RealEstateRama) — Late this afternoon, Congressman Steve Cohen (TN-09) participated in a White House ceremony with President Obama that enacted S. 896, The Helping Families Save Their Homes Act. The new law is aimed at helping homeowners and renters in the grips of the foreclosure crisis.

Alexander Says Increased Support for Homeless Assistance Programs Will Help Programs Like the Chattanooga...

Chattanooga, Tenn. - October 17th, 2008 - (RealEstateRama) — U.S. Senator Lamar Alexander (R-Tenn.) said today in Chattanooga that increased support for homeless assistance programs will help places like the Chattanooga Community Kitchen better serve the less fortunate people of Tennessee.

HUD announces disaster assistance for Tennessee tornado victims

Foreclosure protection offered to displaced families in five counties WASHINGTON - February 08, 2008 - U.S. Housing and Urban Development Secretary Alphonso Jackson today announced HUD will speed federal disaster assistance to five tornado-ravaged counties in Tennessee and provide support to homeowners and low-income renters forced from their homes following severe storms, high winds and flooding.



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.


August Market Report

Memphis-area home sales for August increased 10.3 percent from a year ago, with 1,942 total sales recorded in the Memphis Area Association of REALTORS®MAARdata property records database. Sales were up 11.2 percent from July when there were 1,747 total sales. Average sales price from August-to-August was up 4.4 percent, at $183,175. Inventory decreased 2.1 percent, with 4,713 units listed for sale. Year-to-Date sales volume was up 13.7 percent at $2.24 billion.