Yearly Archives: 2009

$15,536,217 in Homeless Grants Throughout Tennessee

MEMPHIS, TN - December 23, 2009 - (RealEstateRama) -- The Obama Administration today announced that the U.S. Department of Housing and Urban Development (HUD) is renewing grant funding needed to keep 104 local homeless assistance programs throughout Tennessee operating.

Gordon Announces Homebuyer Tax Credit Extension Takes Effect

WASHINGTON, D.C. - December 1, 2009 - (RealEstateRama) -- Congressman Bart Gordon announced that starting today (Dec. 1), first-time homebuyers in Tennessee will be able to take advantage of an $8,000 tax credit for an additional five months, and existing homeowners are eligible for a $6,500 tax credit for new home purchases.

Tanner Votes to Extend Unemployment Benefits and Tax Relief for Homebuyers, Businesses, Military

Washington, D.C. - November 5, 2009 - (RealEstateRama) -- U.S. Rep. John Tanner helped the House of Representatives pass legislation to help Tennessee families and small businesses hit hardest by the economic downturn.

THDA, Department of Revenue Receive Award for Community Investment Tax Credit

NASHVILLE, TN - November 4, 2009 - (RealEstateRama) -- The National Council of State Housing Agencies has recognized a partnership between the Tennessee Housing Development Agency (THDA) and the Tennessee Department of Revenue with an award for Tennessee’s Community Investment Tax Credit.

Gordon Calls for Homebuyer Tax Credit Extension

WASHINGTON, D.C. - October 31, 2009 - (RealEstateRama) -- U.S. Representative Bart Gordon is supporting efforts in Congress to extend a popular tax credit that has benefited thousands of new homeowners in Tennessee.

House Unanimously Passes Enhanced Homebuyer Tax Credit for Military Families

Washington, D.C. - October 8, 2009 - (RealEstateRama) -- U.S. Rep. Lincoln Davis today supported the House of Representatives effort to make first-time homebuyer tax credits more flexible for members of our Armed Forces.

HUD announces $46 million for affordable housing and community development in Tennessee

NASHVILLE, TN - July 9, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced the State of Tennessee will receive more than $46 million to support community development and produce more affordable housing. HUD’s annual funding will also help individuals and families who might otherwise be living on the streets and offer real housing solutions for individuals with HIV/AIDS.

$3.3 Million in Recovery Act Funding Announced for Memphis Re-Housing Programs

Washington, DC - July 13, 2009 - (RealEstateRama) – Congressman Steve Cohen (TN-9) today announced that Memphis will receive $3,329,685 from the U.S. Department of Housing and Urban Development (HUD) to help re-house families who fall into homelessness, or prevent them from becoming homeless in the first place.

Cohen Chairs Hearing on Federal Efforts to Help Homeowners Avoid Foreclosure

Washington, DC - July 9, 2009 - (RealEstateRama) – Congressman Steve Cohen (TN-9), Chairman of the Subcommittee on Commercial and Administrative Law (CAL), today held a hearing on the Obama Administration’s plan to help homeowners on the brink of foreclosure. The President’s plan allows struggling homeowners to voluntarily modify their mortgage payment.

Cohen Announces $14 Million to Build Homes, Promote Health Care and Preserve Jobs

Washington, DC - 06 July 2009 - (RealEstateRama) – Congressman Steve Cohen (TN-9) today announced $14,426,201 in federal funding has been awarded to the Ninth Congressional District by the U.S. Department of Housing and Urban Development, the U.S. Department of Health and Human Services and the National Endowment for the Arts.



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.


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


June Market Report