THDA And Houses Of Worship Help Tennesseans Facing Foreclosure

Wednesday, July 10, 2013

The Tennessee Housing Development Agency (THDA) is partnering with the statewide faith community to help Tennesseans facing foreclosure. To raise awareness of the Keep My Tennessee Home program, a federally-funded foreclosure prevention program, THDA is distrubuting DVDs of a video entitled “Hope for Homeowners” to 9,000-plus houses of worship across the state.

“The process of foreclosure is difficult and many people turn to their worship center for support,” said Ralph Perrey, executive director of THDA. “We all know someone who has lost a job, had their hours cut, been through a divorce or suffered a death of a spouse. We want to make it as easy as possible for our neighbors to get access to the help they need.”

The three-minute video, which is available in both English and Spanish, features interviews with nine diverse faith leaders in Tennessee and can also be viewed online at www.keepmytnhome.org/video.

In the video Darryl Taliaferro, executive pastor of Mt. Zion, Nashville, points out that “Foreclosure effects everybody. From a suburb, you can be from the inner city, it doesn’t matter where you live. Foreclosure effects everybody.” 

Senior Rabbi Micah Greenstein of Temple Israel, Memphis said, “The members of my congregation who have lost their homes to foreclosure, or simply lost their job and weren’t able to make their mortgage payments, have told me it’s a surreal experience because it was always about someone else. It wasn’t about them.”

“The Keep My Tennessee Home program offers an opportunity for hope,” said Kevin Ulmet, senior pastor of First Church of the Nazarene in Nashville.

Keep My Tennessee Home helps to ease the financial strain many feel from a job loss, reduction of income, divorce or the death of a spouse. The program assists those facing avoidable foreclosures with up to $40,000 over 36 months. Even if a homeowner is not eligible to receive assistance, they may still receive free foreclosure prevention counseling. Residents in all 95 counties in Tennessee are able to register online through www.keepmytnhome.org and will be referred to a THDA-approved foreclosure prevention counseling agency to determine eligibility.


Alexander Says “Blacklisting” Regulations Will Bury Contractors Under Mountains Of Paperwork

Senate labor committee Chairman Lamar Alexander on Wednesday made the following statement on the administration’s release of its final “blacklisting” regulations implementing the president’s 2014 executive order: “These regulations will bury federal contractors and subcontractors under mountains of paperwork and then prevent some from getting work for a labor violation they ... (click for more)

Foreclosure Odds Drop 42% With THDA Homebuyer Education, Officials Say

A first-of-its-kind study uses THDA home loan data to identify the impact of homebuyer education classes on default and foreclosure rates.   The new study shows the odds of foreclosure were 42 percent lower among participants in THDA's down payment assistance program who completed a homebuyer education (HBE) class compared to participants who did not.   THDA began ... (click for more)

Residential Project At 1st And Cherry To Finish Out Units On Hill Above Market Street

More residential units are planned downtown near the riverfront on a steep lot at First and Cherry streets. The River City Company is currently seeking requests for proposals from developers for the steep 95-foot-by-65-foot lot behind the First and Market condos. River City officials said, "We are excited about how this parcel will put a finishing touch on this well established ... (click for more)

TBI Adds Jereme Little To Top 10 Most Wanted; Was Set Free By Judge Stern And Then Higher Court Overruled Her

The Tennessee Bureau of Investigation has added to its ‘Top 10 Most Wanted’ list Jereme Dannuel Little, who was freed by order of Criminal Court Judge Rebecca Stern, whose decision was recently reversed. Little is wanted by the Chattanooga Police Department and the Tennessee Bureau of Investigation for especially aggravated kidnapping. The TBI said, "Little has a history of ... (click for more)

Proud To Be A Conservative Conservationist

I was born and raised in Chattanooga and was brought up to be a Tennessee conservative. That means that my family conserved our spending, our resources, and yes, even our environment.  I think we were inspired to do so because Tennessee is one of the most beautiful places in the entire United States. We have stunning mountains, wild rivers and quiet backcountry. And many of ... (click for more)

Roy Exum: Georgia’s Weak Attacked

The United States Attorney’s Office and our nation’s Justice Department just thrust an unwelcomed spear into the heart of the state of Georgia. And while I am scared to death the same war party is now headed into Tennessee and other states, I wish the DOJ had stopped in Chattanooga for lunch and a quick visit at our Orange Grove Center before filing last Tuesday’s lawsuit against ... (click for more)