Chattanooga Housing Authority Receives $900,000 From National Housing Trust Fund

Wednesday, September 25, 2019
Katie Moore from THDA and Mike Sabin, director of Public Housing with CHA
Katie Moore from THDA and Mike Sabin, director of Public Housing with CHA

The Chattanooga Housing Authority (CHA) received $900,000 from The National Housing Trust Fund for rehabilitation of 44 units within CHA’s Emerald Villages project.  

The National Housing Trust Fund (NHTF) is a federal program administered in the State of Tennessee by the Tennessee Housing Development Agency (THDA) to provide funding for the production, preservation, rehabilitation, and operation of affordable rental housing for extremely low income (ELI) households. ELI is defined as earning no more than 30% of the Area Median Income (AMI) or the federal poverty limit for the county in which the housing is located.

NHTF grants are awarded through a competitive application process to local public housing authorities, non-profit organizations, and for-profit entities that are either organized in or licensed to operate in Tennessee. There is a 30-year affordability period requirement.

THDA Executive Director Ralph M. Perrey noted that CHA located in Hamilton County and Helen Ross McNabb Center located in Knox County were the top awardees of funds for the 2018 cycle.

“Awards are made based upon a matrix comprised of six measurements: project design, capacity and experience, leverage, need and, areas of opportunity. The CHA provided a thorough application that will provide a strong return on investment for the funds awarded to them. The THDA strives to be good stewards of the funds under our oversight and we are confident in our investment in the CHA.”

With 111 units within Emerald Villages, CHA will use funding to rehabilitate housing reserved for people whose income is no more than 60 percent of the area median income. 

CHA Executive Director Elizabeth McCright said, “CHA strives to meet the needs of an ever-changing population. Our clients are comprised of young people aging out of foster care to the elderly and those with special needs. They are individuals, couples and families.  Some have been homeless while others are using our housing opportunities to work toward self-sufficiency. Each of them has one goal in mind: to find stability. The funds we’ve been awarded will assist us in meeting those needs and we are extremely grateful.” 


Paula McDaniel Earns Internationally Recognized Designation For Performance In Luxury Real Estate

Nashville Housing Market Sees First Increase In 3 Months

Brandi Pearl Thompson: The REALTOR Code Of Ethics In A Fast Market


Paula McDaniel from Real Estate Partners Chattanooga LLC earned The Institute for Luxury Home Marketing’s Certified Luxury Home Marketing Specialist designation in recognition of experience, ... (click for more)

There were 4,191 home closings reported for the month of June, according to figures provided by Greater Nashville REALTORS. This figure is up 0.5 percent from the 4,172 closings reported for ... (click for more)

You probably already know that working with a Realtor gives buyers, sellers, and investors many advantages they need to succeed in today’s real estate market. But did you know another advantage ... (click for more)



Real Estate

Paula McDaniel Earns Internationally Recognized Designation For Performance In Luxury Real Estate

Paula McDaniel from Real Estate Partners Chattanooga LLC earned The Institute for Luxury Home Marketing’s Certified Luxury Home Marketing Specialist designation in recognition of experience, knowledge and expertise in high-end residential properties. Ms. McDaniel joins an exclusive group of real estate professionals who have completed The Institute’s training and have a proven ... (click for more)

Nashville Housing Market Sees First Increase In 3 Months

There were 4,191 home closings reported for the month of June, according to figures provided by Greater Nashville REALTORS. This figure is up 0.5 percent from the 4,172 closings reported for the same period last year. “For the first time in three months, the market shows strong signs of stabilizing,” said Kristy Hairston, Greater Nashville Realtors president. “A 0.5 percent ... (click for more)

Breaking News

Hamilton County Has Record 71 In Hospital With Coronavirus; Tennessee Has 25 More Deaths

The number of coronavirus patients in Chattanooga hospitals has risen to the highest level yet - 71. That includes 37 from Hamilton County. The previous high was 65 on June 10. The number of those in Intensive Care has dropped back down to 17. Hamilton County has had 104 more coronavirus cases, bringing the total to 3,180. Deaths remain at 36. There ... (click for more)

UTC Commencement Ceremonies Are Canceled

UTC officials have canceled commencement ceremonies that had been postponed to August, due to COVID. Officials said, "Back in March when COVID-19 first made its way to Chattanooga, a conclusion was reached to postpone commencement ceremonies until August. We hoped the virus would run its course and that we could safely celebrate the accomplishments of the Class of 2020 in August. ... (click for more)

Opinion

Mandates Are A Bluff - And Response (11)

Via something called an "Executive Order," the facemask mandate will go into effect in Hamilton County on Friday until Sept. 8. This is an illegal executive order and carries no legal weight. Those issuing it know this, which is why Jim Coppinger was too cowardly to issue it himself, but passed off the dirty deed to Dr. Paul Hendricks, who is not even a duly elected representative ... (click for more)

Roy Exum: Made In His Image

Max Lucado, Pastor Emeritus of Oak Hills Church in San Antonio, Texas, has been my favorite Christian author for many, many years. Fifteen years ago, he was named as The Best Pastor in the United States and his incredible gift is best found in the comforting words that he has used in almost 100 books. The experts tell us that today there are more than 135 million copies of Lucado’s ... (click for more)