TDEC Issues Temporary Water Contact Advisory in Memphis

The Tennessee Department of Environment and Conservation (TDEC) has issued a temporary Water Contact Advisory for McKellar Lake and the lower portion of Cypress Creek in Memphis following new E. coli results from a broken sewer line.

THDA Seeks Public Comment on Application for Four Federal Housing Programs

The Tennessee Housing Development Agency (THDA) is seeking public comment on the State of Tennessee’s Annual Action Plan, which serves as the State’s application for four federal housing programs

Household Hazardous Waste Mobile Collection Service in Bedford and Montgomery Counties on March 19

The Tennessee Department of Environment and Conservation’s mobile household hazardous waste collection service will be in Bedford and Montgomery Counties on March 19. Since the program’s inception in 1993, more than 322,000 households have properly disposed of more than 21 million pounds of material.


In response to a speech today by Federal Housing Finance Agency Director Mel Watt, U.S. Senator Bob Corker (R-Tenn.), a member of the Senate Banking Committee, said concerns about capital at government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are not reason to return to the failed housing finance model that existed before the GSEs went under government conservatorship

Alexander Says Supreme Court Right to Block Obama Clean Power Plan

U.S. Sen. Lamar Alexander (R-Tenn.) today released the following statement after the U.S. Supreme Court blocked the Obama Administration’s Clean Power Plan until legal challenges to the law are resolved.

Congressman Cohen Welcomes HUD’s Decision to Relocate Residents of Tulane and Warren Apartments to...

Congressman Steve Cohen (TN-09) today welcomed the Department of Housing and Urban Development’s (HUD) decision to abate the Housing Assistance Payment (HAP) contract of Warren Apartments, Tulane I Apartments, and Tulane II Apartments due to owner’s default. Warren and Tulane apartments are owned by the Global Ministries Foundation (GMF). Pursuant to the HAP Contracts and HUD regulations, GMF is required to maintain the units in a decent, safe, and sanitary manner but has failed to do so.

Roe Introduces Bill to Bring Fairness to Public Housing

Rep. Phil Roe, M.D. (R-TN) introduced the Fairness in Public Housing Act. This bill would require tenants in public housing who have earned more than 125% of Median Area Income for more than one year to move out so that other needy families can move in

Fisher Brings Servicing Success to Tennessee Housing

Tennessee Housing Development Agency has hired Stephen A. Fisher to open its new servicing division. Fisher created the Loan Servicing Department at West Virginia Development Fund in 1989, bringing servicing in-house from 40 lenders.

Congressman Cohen Announces $60 Million Flooding Disaster Recovery and Prevention Grant for Shelby County

Congressman Steve Cohen (TN-09) today announced the U.S. Department of Housing and Urban Development (HUD) has awarded Shelby County a $60 million grant for the Mid-South Regional Greenprint and Sustainability Plan to help address unmet recovery needs in Memphis and Shelby County from the 2011 floods and protect Memphians from future flooding disasters.

Governor appoints Memphis-area homebuilder to THDA Board

Governor Bill Haslam has named Memphis-area homebuilder Kim Grant Brown to serve on the Tennessee Housing Development Agency Board of Directors. Brown, a daughter and granddaughter of homebuilders, built her first home the summer between her junior and senior years of college.



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

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