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Alexander Votes to Make it Simpler, Easier for Students to Repay Loans

“I voted for a long-term serious proposal to simplify the maze of student loan repayment options and make it easier for students to manage their loans relative to their income. I voted against an unserious and unfair proposal to raise taxes and increase the debt just to save former students about $1 a day on their loans, on average, and do nothing for current or future students.” –Lamar Alexander

Tennessee Main Street Communities Generated $95 Million in 2014

Tennessee Main Street provides technical assistance and training for communities in developing real-world solutions to make downtowns safe, appealing, vibrant places where folks want to shop, work, live, invest and make memories.

Governor Haslam, Commissioner Boyd Announce Nissan to Undergo Major Expansion at Smyrna Facility

“Not only is Nissan investing in Tennessee by expanding its physical footprint in Smyrna, they are also investing in developing a strong workforce through their manufacturing training center, a big step toward sustaining future automotive demands."

Blackburn, Schrader Introduce Energy Savings & Building Efficiency Act

Representatives Marsha Blackburn (R-TN) and Kurt Schrader (D-OR) last week re-introduced H.R. 1273, the Energy Savings and Building Efficiency Act of 2015, to increase transparency and cost-effectiveness in the development of model energy codes, which set the baseline for energy efficiency in buildings.

Governor Haslam, Commissioner Boyd Announce Gruppo Concorde to Open First U.S. Manufacturing Facility in...

Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Randy Boyd along with Gruppo Concorde officials announced today the company plans to build its first U.S. manufacturing facility in Mt. Pleasant, where it will produce porcelain tiles.

Cohen Announces $6.7 Million for Memphis-area Public Housing

Congressman Steve Cohen (TN-09) today announced $6,701,299 in federal funds to help improve and modernize public housing facilities in the Ninth District. The Memphis Housing Authority will receive a total of $6,589,736 and the Millington Housing Authority will receive $111,563 in 2015 Capital Fund Program grants from the U.S. Department of Housing and Urban Development

April Market Report

Memphis-area home sales for April declined 7.6 percent from a year ago, with 1,297 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Sales increased 8.4 percent from March, when there were 1,197 total sales. Average sales price year-over-year increased 7.3 percent to $146,070. Inventory increased 2.8 percent, with 6,088 units listed for sale. YTD sales volume increased 3.9 percent to $645.3 million

Cohen, McDermott Introduce Bill to Help Struggling Families Keep Their Homes

Congressmen Steve Cohen (TN-09) and Jim McDermott (WA-07) today introduced the Limiting Investor and Homeowner Loss in Foreclosure Act of 2014 to prevent foreclosures and help struggling families keep their homes. The newly-introduced legislation would encourage debtors and secured lenders to come together to discuss and secure mutually beneficial resolutions of their mortgage difficulties.

Community Development Week April 21-27 Highlights ’40 Years of Building Strong Communities’

The City of Knoxville will mark National Community Development Week April 21-27 with a series of events showcasing projects of the City's Department of Community Development and its nonprofit partners across Knoxville.

Cohen Announces More Than $4.3 Million in Funding to Help End Homelessness in Memphi

Congressman Steve Cohen (TN-09) today announced that $4,368,290 in federal funds has been awarded to the City of Memphis and 13 local non-profit organizations to help end homelessness in the Ninth District. This funding comes through the U.S. Department of Housing and Urban Development’s (HUD) Continuum of Care program, which is designed to promote communitywide commitment to the goal of ending homelessness

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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

October Market Report

MAAR

June Market Report