Yearly Archives: 2015

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

A sharp decline in the share of home purchase loans going to African-American borrowers has been among the most significant and lasting effects of mortgage market crisis in Tennessee, according to a new study from THDA

Memphis-area home sales for November increased 4.9 percent from a year ago, with 1,086 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 18.7 percent from October, when there were 1,336 total sales. Average sales price from November-to-November was up 5.9 percent, at $157,736. Inventory decreased 3.3 percent, with 6,086 units listed for sale. Monthly sales volume YTD increased 7.7 percent to $2.38 billion.

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.

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.

Memphis-area home sales for October decreased 3.5 percent from a year ago, with 1,336 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 6.2 percent from September, when there were 1,424 total sales. Average sales price from October-to-October was up 4.3 percent, at $156,692. Inventory decreased 1.8 percent, with 6,291 units listed for sale.

“We are grateful that the EPA has recognized a need in our city and is taking steps to address it by piloting this program in Memphis,” said Mayor A C Wharton, Jr. “Appropriate training for those who will be renovating, repairing and painting homes with lead-based paint is critical to making these homes safe for some of our most vulnerable citizens. This project represents a growth opportunity for local companies and an opportunity to enhance the safety and livability of these aging homes.”

Memphis-area home sales for September decreased 9.5 percent from a year ago, with 1,424 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales were down 4 percent from August, when there were 1,483 total sales.

The U.S. Senate will take a first step this week toward considering a bipartisan energy and water appropriations bill, and U.S. Sen. Lamar Alexander is urging Senate Democrats to allow the bill to be considered by the full Senate.

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.