Very good news for Marshall County: THDA Grant to Provide Housing for Homeless Veterans Nashville, TN, November 22, 2013– On November 19, The Tennessee Housing Development Agency’s (THDA) Board of Directors approved Housing Trust Fund (HTF) grants to seven organizations serving the housing needs of elderly, very-low income, and special needs Tennesseans. Buffalo Valley, Inc. will use $208,400 in HTF funds to rehabilitate 10 units of transitional rental housing in Lewis (1), Marshall (4), and Montgomery (5) counties. These rental units will serve very low income, homeless Veterans. Renovations will make the houses more usable, energy efficient, visitable, and add three new bedrooms to five of the units. 2014 Fall Mini-Round funding from the HTF was allocated based on a competitive grant process. THDA received 23 applications for the $1.5 million in grant funds available. Grants were awarded to seven different organizations located across the state. “We are excited about partnering to provide better housing situations for our neighbors,” said Ralph M. Perrey, executive director of THDA. “These organizations will take a little bit of our money and leverage it into new housing opportunities for the most under-served Tennesseans. THDA is proud to stand behind that mission.” The HTF was established by the THDA Board of Directors in 2006. Since the first competitive grant round in 2007, the HTF has contributed over $27 million to new, innovative, affordable housing initiatives across the state. For more information about the Housing Trust Fund or the organizations to whom funding was awarded through the Fall Mini-Round allocation, please visit THDA.org or call 615-815-2200.
Posted on: Fri, 22 Nov 2013 20:46:27 +0000