CHA To Use $500,000 Grant To Renovate 200 Units At Cromwell Hills Apartments

Tuesday, June 25, 2019

The Chattanooga Housing Authority (CHA) received a $500,000 grant from the Tennessee Housing Development Agency (THDA) in the 2019 Spring Round of the Tennessee Housing Trust Fund Competitive Grant Program. 

Created in 1973, THDA promotes the production of more affordable housing units for very low to low and moderate income individuals across the state.  In addition, THDA promotes the preservation and rehabilitation of existing housing units to bring greater stability to the residential construction industry and related industries, assuring a steady flow of production of housing units.

THDA awards funds twice each year to develop and/ or preserve affordable rental housing for the elderly and those with special needs, including persons with mental, physical, or developmental disabilities; individuals recovering from substance addiction; victims of domestic violence; veterans with multiple needs; youth aging out of foster care; and ex-offenders re-entering society.

Eligible applicants are local communities, non-profit agencies, public housing authorities, and development districts.

The CHA plans to renovate 200 units at the Cromwell Hills Apartments, using a variety of funding sources.  The CHA will use the award money to offset the expense of this renovation project and will thereby be able to provide 10 apartments to homeless veterans and 10 apartments to people participating in Hamilton County’s FUSE Program. 

THDA Executive Director Ralph Perry said, “The Chattanooga Housing Authority is a perfect fit for the award of these funds. We were impressed by their submission and their dedication in providing housing to some of the most deserving populations in Tennessee.

CHA Executive Director Elizabeth McCright noted that the rehabilitation of the 200 units will begin very quickly.  “We are honored to be an awardee of $500,000 from THDA.  We appreciated the opportunity to compete for the award and are excited about the difference that these funds will make.”

 


Pointe Commercial Real Estate Welcomes Kendall Martin

The Lane Mortgage Lending Team Hits Record Year Of Production

Large Office/Warehouse In Bonny Oaks Area Sells For Almost $3 Million


Pointe Commercial Real Estate announces Kendall Martin has joined the Pointe Property Group Team. She will serve as Pointe’s real estate, marketing and transaction specialist and will be responsible ... (click for more)

Movement Mortgage, LLC announced that Christina Lane and her team had their biggest year of production in the mortgage business. The Movement office, at 1830 Washington Street in Chattanooga, ... (click for more)

A large office/warehouse at 4840 Geminus Dr. in the Bonny Oaks area has sold for almost $3 million. The building is a 12,000-square-foot office/warehouse Flex Building with approximately 5,800 ... (click for more)


Real Estate

Pointe Commercial Real Estate Welcomes Kendall Martin

Pointe Commercial Real Estate announces Kendall Martin has joined the Pointe Property Group Team. She will serve as Pointe’s real estate, marketing and transaction specialist and will be responsible for coordinating and managing real estate and marketing projects on the industrial, office and retail properties. Ms. Martin brings 10 years of commercial real estate experience to ... (click for more)

The Lane Mortgage Lending Team Hits Record Year Of Production

Movement Mortgage, LLC announced that Christina Lane and her team had their biggest year of production in the mortgage business. The Movement office, at 1830 Washington Street in Chattanooga, is led by Barbara Courtney. Movement Mortgage has been recognized as the fastest-growing private mortgage bank in the U.S., powered by its innovative process and culture. Movement ... (click for more)

Breaking News

Man, 22, Killed In Single-Vehicle Crash On Morris Hill Road Friday Evening

A man, 22, was killed Friday evening in an accident on Morris Hill Road. At approximately 8:58 p.m., the Chattanooga Police Department's Traffic Unit responded to 2115 Morris Hill Road on a single-vehicle traffic crash. A Ford Expedition was traveling north on Morris Hill Road when it left the roadway and struck a metal power pole. Chattanooga Fire Department and ... (click for more)

Man Paid By Doctor To Kill His Wife And Her Male Companion At Mountain Shadows Gets Out Of Prison

A man who was given a life sentence for carrying out a paid "hit" on a doctor's wife has been released from prison. Former Governor Bill Haslam granted clemency to Jeremy Ingram just before leaving office. Governor Haslam said Ingram had "undergone a transformation" while behind bars. His office said Ingram was 18 at the time and that he will be subject to additional supervision ... (click for more)

Opinion

We Are Not Doing Enough To Help Our Troubled Kids

Suicide in teens is on the rise. What is going on and where are we slipping up? We find that it is more important to discuss politics, than it is to discuss children taking their own life. Bullying leads to depression, isolation, social media plays a big role in bullying, and these warning signs can lead to suicide. You cannot go on social media and not ... (click for more)

Roy Exum: The Saturday Funnies

NOT ALL ATHLETES ARE DUMB Many in our new generation may not know some of these former professional athletes but I remember them all. Back in the day, it was never hard to get a priceless quote that years later still make you laugh * -- Don Meredith, a former Dallas Cowboy Quarterback, once said: “Coach Tom Landry is such a perfectionist that if he was married to Raquel Welch, ... (click for more)