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THDA announces nominees for 2015 Tennessee’s Best awards

Nearly two dozen individuals and organizations have been nominated by their peers for a 2015 Tennessee’s Best award. Award winners will be announced during the Tennessee Governor’s Housing Conference, which is being held Oct. 7-8 at the Music City Center in Nashville, organized by the Tennessee Housing Development Agency

THDA Launches Blight Elimination Program

THDA is launching a new $6 million program to combat blight by transforming eligible homes into green spaces. At a media conference Wednesday morning, August 5, 2015, THDA Executive Director Ralph M. Perrey and Memphis Mayor A C Wharton jointly announced the Blight Elimination Program (BEP). Under the program, qualified nonprofits will receive forgivable loans to acquire abandoned homes out of foreclosure, demolish them, and transform the property into a community park, affordable housing, or other beneficial public function

Tennessee Hits Milestone in Housing Starts

Based on permits issued last month, homebuilders in Tennessee have plans to break ground on 2,006 new single family homes. The June number is up from 1,871 housing starts in May and represents a new highpoint since the housing crisis began seven years ago

Cohen Announces $1.35 Million for Affordable Housing in Shelby County

Congressman Steve Cohen (TN-09) today announced a total of $1,352,963 in federal funds to support affordable housing programs and facilities in Shelby County. This funding comes through the U.S. Department of Housing and Urban Development’s (HUD) Community Development Block Grant (CDBG) and HOME Grant programs.

Three Tennessee Men Plead Guilty to Killing During Home-Invasion Robbery

Three Clarksville, Tennessee, men pleaded guilty to using a firearm to kill during a home-invasion robbery.  Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and U.S. Attorney David Rivera of the Middle District of Tennessee made the announcement.

President’s ConnectHome Initiative Targets Memphis for Bridge over Digital Divide, Accelerated Broadband Adoption

Congressman Steve Cohen (TN-09) commended Memphis’ selection as a participant in President Obama’s new ConnectHome initiative, which is aimed at accelerating broadband internet adoption by families and children through partnerships with local governments, private industry, non-profits, and other entities focused on tailoring internet access solutions to our community. Nationwide, both low-income and African-American households are significantly less likely to have internet access at home than other households.

Memphis Selected as Choice Neighborhood Finalist, Will Compete for up to $30 Million in...

Congressman Steve Cohen (TN-09) announced today that the U.S. Department of Housing and Urban Development (HUD) has selected the city as one of nine finalists for a HUD Choice Neighborhood Implementation Grant. The city will now compete for an individual federal grant worth up to $30 million, with winners expected to be announced in September. Today’s announcement follows years of effort by Congressman Cohen, working with Mayor Wharton and others in the city, to encourage the Obama administration to designate Memphis as a Choice Neighborhood

Governor Haslam, Commissioner Boyd Announce UBS to Expand Current Operations in Middle Tennessee

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with UBS officials announced today the company will expand its current operations in Middle Tennessee by opening a new office in Williamson County at One Franklin Park. UBS will invest $11.2 million to outfit the space, which will accommodate the growth of the UBS Business Solution Center, as well as, a satellite branch office for Wealth Management Americas financial advisors, creating over 350 new jobs over the next several years.

THE PREISS COMPANY SELECTED TO MANAGE STUDENT HOUSING COMMUNITY AT UNIVERSITY OF TENNESSEE

The Preiss Company has been selected by Stonemont Financial Group to manage The Station at Martin, a 384-bed student housing community serving The University of Tennessee at Martin. This marks the 15th new property management assignment for The Preiss Company in the past nine months, including the second community in the state of Tennessee.

Sen Alexander: Free Enterprise System Will Provide Clean, Cheap, Reliable Energy

In the eleventh in the series of videos introducing the Republican members of the Senate Energy and Natural Resources Committee, U.S. Sen. Lamar Alexander, R-Tenn., today shares his vision for America’s energy future that unleashes nuclear power, wisely invests in energy research, and protects America’s national treasures

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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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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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