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Cohen Announces More Than $5 Million to Combat Foreclosures, Rehabilitate Housing

WASHINGTON, D.C. - September 8, 2010 - (RealEstateRama) -- Congressman Steve Cohen (TN-9) today announced the U.S. Department of Housing and Urban Development has awarded Memphis $5,195,847 under the Neighborhood Stabilization Program (NSP) to address the effects of abandoned and foreclosed housing.

HUD, Cohen Announce $22 Million for Memphis Housing Authority

MEMPHIS, TN - June 2, 2010 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Assistant Secretary Raphael Bostic was at Cleaborn Homes in Memphis today to announce the Memphis Housing Authority will receive a $22 million HUD HOPE VI Revitalization grant to transform the Cleaborn Homes public housing development into a mixed-income community.

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.

HUD Secretary announces disaster assistance for Tennessee storm victims

WASHINGTON, DC - May 18, 2009 - (RealEstateRama) — U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to four storm-ravaged counties in Tennessee and provide support to homeowners and low-income renters forced from their homes following last month's severe storms, tornadoes, and flooding.

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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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