Housing & Development

Housing & Development

Commissioner Gonzales Announces Non-Depository Financial Institution Annual Supervision Fee For Fiscal Year 2016-2017

Pursuant to Tenn. Code Ann. § 45-1-118(i), Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today the annual supervision fee for non-depository financial institutions in fiscal year 2016-2017, effective October 14, 2016. The fee is $1,025.00 for mortgage licensees and flexible credit licensees, and $625.00 for all other licensees and registrants, except mortgage loan originators, w

Rutledge Statement Following Oral Arguments Challenging EPA’s Power Plan

Arkansas Attorney General Leslie Rutledge released a statement today after the conclusion of oral arguments in West Virginia v. EPA, the court challenge to the Environmental Protection Agency’s Clean Power Plan

Perrey Elected NCSHA Vice President

Executive directors from all 50 state housing agencies have cast their votes, and Tennessee’s Ralph M. Perrey has been elected vice president of their national organization. The National Council of State Housing Agencies (NCSHA) is hosting its annual conference in Miami this week. Elections for the organization’s five-member executive committee were held Sunday, Sept. 25. Perrey, who leads the Tennessee Housing Development Agency (THDA), previously served two terms as secretary/treasurer of the organization

IMPROVED OVERSIGHT OF FEDERALLY SUBSIDIZED HOUSING PROPERTIES NEEDED

During a hearing today on oversight of the U.S. Department of Housing and Urban Development (HUD) inspection process, U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development, expressed the need for improved oversight of federally subsidized housing properties and thanked Senators Marco Rubio (R-Fla.) and Bill Nelson (D-Fla.) for highlighting the problem of neglectful landlords at HUD-subsidized facilities, including some owned by the Cordova, Tennessee-based Global Ministries Foundation (GMF).

THDA Launches Interactive Map of Affordable Rental Housing

Tennessee Housing Development Agency has launched a new interactive map with details on every active or under-construction apartment community in the state built or rehabbed with the assistance of federal tax credits.

Intunity Secures THDA Grant to Assist Adults with Special Needs

The Tennessee Housing Development Agency has announced a $287,500 grant to help Intunity, formerly known as the Housing Foundation of West Tennessee (HFWT), acquire and renovate eight homes in Madison County for the needs of individuals with intellectual and developmental disabilities

TNECD Announces Five Counties Chosen to Participate in Select Tennessee Property Evaluation Program Fall...

Counties chosen for industrial inventory assessment program  NASHVILLE — The Tennessee Department of Economic and Community Development announced today the five counties chosen to participate in the fall round of the Select Tennessee Property Evaluation Program (PEP)

Foreclosure Odds Drop 42% with THDA Homebuyer Ed

A first-of-its-kind study uses THDA home loan data to identify the impact of homebuyer education classes on default and foreclosure rates. The new study shows the odds of foreclosure were 42 percent lower among participants in THDA’s down payment assistance program who completed a homebuyer education (HBE) class compared to participants who did not.

President and Mrs. Carter spend one week building homes with Habitat for Humanity in...

Former U.S. President Jimmy Carter and former first lady Rosalynn Carter today kicked off a week of working alongside Habitat for Humanity homeowners and hundreds of volunteers in Memphis, Tennessee, to build and repair homes during Habitat’s 33rd Jimmy & Rosalynn Carter Work Project.

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.

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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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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.

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