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A first in Anderson County: Oak Ridge home demolished as part of state blight elimination program

Posted at 11:50 am May 3, 2017
By John Huotari 2 Comments

The first home to be torn down in Anderson County as part of the state's HHF Blight Elimination Program was being demolished at 678 West Outer Drive in Oak Ridge on Wednesday, May 3, 2017. (Photo by John Huotari/Oak Ridge Today)

The first home to be torn down in Anderson County as part of the state’s HHF Blight Elimination Program was being demolished at 678 West Outer Drive in Oak Ridge on Wednesday, May 3, 2017. (Photo by John Huotari/Oak Ridge Today)

 

Note: This story was last updated at 12:30 p.m.

It’s being described as a first: An Oak Ridge home is being demolished Wednesday as part of a state blight elimination program. It’s the first home to be torn down in Anderson County as part of the state’s HHF Blight Elimination Program.

The property being demolished is at 678 West Outer Drive. It’s owned by the Oak Ridge Land Bank. The demolition, being done by First Place Finish, is estimated to cost close to $3,600, and it is expected to be completed today (Wednesday, May 3).

The work is being funded by the U.S. Treasury’s Hardest Hit Fund, or HHF. Tennessee’s HHF Blight Elimination Program is administered by the Tennessee Housing Development Agency, or THDA. Anderson County is one of six counties in the Volunteer State included in the program.

Under the Blight Elimination Program, qualified nonprofits and land banks can apply for loans of up to $25,000 to cover the cost of acquiring a blighted abandoned home, demolishing it, “greening” the property, and maintaining the vacant lot. The greened lot can then be transformed into new affordable housing or another use that is approved by THDA and is expected to stabilize and improve the neighborhood. [Read more…]

Filed Under: Business, Community, Front Page News, Government, State, Top Stories Tagged With: Anderson County, blight elimination, Blight Elimination Program, Charlie Jernigan, First Place Finish, Hardest Hit Fund, HHF, HHF Blight Elimination Program, Lindsay Hall, Manhattan Project, Matt Widner, Oak Ridge Board of Building and Housing Code Appeals, Oak Ridge Community Development, Oak Ridge Housing Authority, Oak Ridge Land Bank, Ralph M. Perrey, Tennessee Housing Development Agency, Tennessee Valley Authority Extreme Makeover, THDA, U.S. Department of Treasury, U.S. Treasury, Warren Gooch, World War II

Down payment assistance of $15,000 available for qualified home buyers in Clinton zip code

Posted at 1:33 pm April 16, 2017
By John Huotari Leave a Comment

This the map of targeted zip codes where $15,000 in down payment assistance is available to qualified home buyers. (Map by Tennessee Housing Development Agency)

This is the map of targeted zip codes where $15,000 in down payment assistance is available to qualified home buyers. (Map by Tennessee Housing Development Agency)

 

A program that kicked off in March offers $15,000 in down payment assistance to certain qualified home buyers in a Clinton area zip code and 54 other zip codes across Tennessee.

The down payment assistance is available through the Hardest Hit Fund Down Payment Assistance program, a federal program administered in the Volunteer State by the Tennessee Housing Development Agency, or THDA.

The help is available in Anderson County in the 37716 zip code. That zip code includes an area north and east of Oak Ridge, extending to Clinton and beyond along State Route 61 and north and south of the highway.

To qualify, home buyers must purchase an existing home in one of the 55 targeted zip codes. The purchase requires a THDA Great Choice Home Loan. [Read more…]

Filed Under: Business, Clinton, Front Page News, Government, Government, Slider, State, Top Stories Tagged With: 37716, 37716 zip code, Anderson County, down payment assistance, Great Choice Loan Program, Hardest Hit Fund, housing crisis, housing market, Ralph M. Perrey, Rotary Club of Oak Ridge, Tennessee Housing Development Agency, THDA, THDA Great Choice Home Loan, U.S. Department of Treasury, U.S. Treasury’s Hardest Hit Fund

Oak Ridge, AC added to state blight elimination program; loans of up to $25K per home

Posted at 11:22 pm July 11, 2016
By John Huotari Leave a Comment

TDHA Perrey Oak Ridge Gooch Blight Elimination Program July 11 2016

Oak Ridge and Anderson County have been added to a state blight elimination program that could allow the city to accelerate its efforts to remove blighted and abandoned homes and replace them with new affordable housing, or possibly green space. Ralph Perrey, left, executive director of the Tennessee Housing Development Agency, makes the announcement in Oak Ridge on Monday, July 11, 2016. Also pictured is Oak Ridge Mayor Warren Gooch. (Photo by John Huotari/Oak Ridge Today)

 

Oak Ridge and Anderson County have been added to a state blight elimination program that could allow the city to accelerate its efforts to remove blighted and abandoned homes and replace them with new affordable housing, or possibly green space. Loans of up to $25,000 per home are available.

The Blight Elimination Program allows qualified nonprofits and land banks, like the one in Oak Ridge, to apply for loans of up to $25,000 to acquire blighted, abandoned homes, demolish them, turn the property into green space, and maintain the vacant lots. The “greened” lots can then be turned into new affordable housing or converted into other uses meant to stabilize neighborhoods, with the uses approved by the Tennessee Housing Development Agency.

The $25,000 per demolition will be fronted by the THDA. The work could start with the Oak Ridge Land Bank Corporation, THDA Executive Director Ralph M. Perrey said during a Monday afternoon press conference in Oak Ridge. The press conference also included Oak Ridge City Manager Mark Watson, Oak Ridge Mayor Warren Gooch, and Katie Moore, East Tennessee THDA representative.

The Blight Elimination Program has $10 million in funding available in Tennessee on a first-come, first-served basis. Much of it is likely to be used in Memphis in Shelby County, one of six other counties previously approved for the Blight Elimination Program, Perrey said.

But Memphis isn’t the only place that needs help, he said.

“I think a fair amount of that can be put to work here,” Perrey said in Oak Ridge on Monday. [Read more…]

Filed Under: Front Page News, Government, Oak Ridge, State, Top Stories Tagged With: affordable housing, Anderson County, BEP, blight elimination, Blight Elimination Program, blighted home, Community Development Block Grant, demolition, Hardest Hit Fund, HHF, Kathryn Baldwin, Katie Moore, Manhattan District Overlay, Manhattan Project, Mark Watson, MDO, Oak Ridge, Oak Ridge Land Bank Corporation, Ralph Perrey, Tennessee Housing Development Agency, THDA, U.S. Treasury, Warren Gooch, World War II

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