THDA Archives - Oak Ridge Today

THDA grant will help with down payment assistance in Oak Ridge

Posted at 9:13 am April 22, 2021
By John Huotari Leave a Comment

Pictured above in front row are, left to right, Oak Ridge City Manager Mark Watson, Oak Ridge Housing Authority Commissioner Tom Beehan, Tennessee Lt. Gov. Randy McNally, U.S. Rep. Chuck Fleischmann, state Rep. John Ragan, ORHA Executive Director Maria Catron, and Tennessee Housing Development Agency Industry and Government Affairs Liaison Katie Moore; and back row, left to right, ORHA Commissioner Jim Palmer, ORHA Board Chair Jean Lantrip, and ORHA Board Secretary Sharon Crane. (Photo courtesy THDA)

The Tennessee Housing Development Agency has awarded a $106,000 HOME Program grant to the Oak Ridge Housing Authority that will be used to help low-income families purchase a new home.

The Oak Ridge Housing Authority will use the funding to provide assistance up to $14,999 to cover down payment and closing costs for eligible first-time home buyers living in the city limits, a press release said.

“A down payment is often the biggest hurdle to overcome for working families wanting to buy a home,” THDA Executive Director Ralph M. Perrey said. “These funds will allow first-time home buyers who would otherwise be able to afford a mortgage payment to overcome that obstacle.”

ORHA Executive Director Maria Catron said the grant will be used to help low-to-moderate income families, with the exact amount awarded based on the gap needed to cover the buyer’s down payment and closing costs.

[Read more…]

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)

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…]

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…]

ADFAC receives Tennessee Housing Development Agency grant

Posted at 11:03 am September 19, 2016
By Oak Ridge Today Staff 2 Comments

ralph-m-perrey-and-annie-cachiero-at-adfac-ribbon-cutting-sept-15-2016

THDA Executive Director Ralph M. Perrey and ADFAC Executive Director Annie Cachiero cut the ribbon on a rehabilitated home on Wainwright Road in Oak Ridge on Thursday, Sept. 15, 2016. (Photo courtesy THDA/Wes Bunch)

State officials and local leaders joined Aid to Distressed Families of Appalachian Counties in Oak Ridge on Thursday afternoon to help cut the ribbon on a newly renovated home located in the city’s Highland View neighborhood.

The formerly blighted and vacant home was rehabilitated with the help of a $67,410 Housing Trust Fund grant the Tennessee Housing Development Agency awarded ADFAC in 2015. ADFAC obtained the property on Wainwright Road through a donation.

THDA Executive Director Ralph Perrey told those attending the ribbon cutting that it was important for the state to recognize innovative work being done to improve access to affordable housing.

“This project is exactly the kind of work that our Housing Trust Fund grant program was created to assist,” Perrey said. “We are glad to work with partners like ADFAC who continue to have a positive impact on the communities they serve.” [Read more…]

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)

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…]

Tennessee housing agency to announce blight elimination partnership with Oak Ridge

Posted at 3:27 pm July 8, 2016
By John Huotari 6 Comments

The Tennessee Housing Development Agency awarded the City of Oak Ridge a $500,000 grant on Wednesday, June 9, 2016, that will be used to renovate more than 60 single-family homes. Pictured above are THDA Executive Director Ralph M. Perrey, left, and Oak Ridge Mayor Warren Gooch. THDA and Perrey will be back on Monday, July 11, to announce a partnership with the City of Oak Ridge to support the implementation of THDA’s Hardest Hit Fund Blight Elimination Program, or BEP. (Photo by John Huotari/Oak Ridge Today)

The Tennessee Housing Development Agency will announce a partnership with the City of Oak Ridge to support the implementation of THDA’s Hardest Hit Fund Blight Elimination Program, or BEP, on Monday.

The announcement will be made by THDA Executive Director Ralph Perrey at 1:30 p.m. Monday, July 11. The announcement will be made in the Oak Ridge Municipal Building Courtroom, which is located at 200 South Tulane Avenue in Oak Ridge.

The Hardest Hit Fund Blight Elimination Program assists with the removal of blighted properties in targeted areas within Tennessee, a media advisory said. THDA works in partnership with approved program partners to strategically target residential single-family properties for demolition, site improvement, and acceptable reuse, the advisory said. [Read more…]

Oak Ridge nonprofit receives $35,000 federal grant to help fight homelessness

Posted at 5:03 pm June 23, 2016
By Oak Ridge Today Staff Leave a Comment

An Oak Ridge nonprofit organization has received a $35,000 federal grant to help fight homelessness, officials said Thursday.

The Emergency Solutions Grant was awarded to the Trinity Outreach Center of Hope, or TORCH, the Tennessee Housing Development Agency, or THDA, said in a press release. TORCH will use the grant to help fight homelessness among high-risk populations in Anderson County and surrounding areas.

The funds will be used to help with administrative services, street outreach, prevention, and rapid rehousing services that will help homeless people and families in the area covered by TORCH, the press release said. [Read more…]

State housing grant of $500,000 will be used to renovate more than 60 homes

Posted at 3:32 pm June 9, 2016
By John Huotari 1 Comment

THDA Check Presentation to Oak Ridge June 8 2016 Slider

The Tennessee Housing Development Agency awarded the City of Oak Ridge a $500,000 grant on Wednesday, June 9, 2016, that will be used to renovate more than 60 single-family homes. Pictured above are THDA Executive Director Ralph M. Perrey, third from left, with other state and Oak Ridge officials. (Photo by John Huotari/Oak Ridge Today)

The $500,000 state housing grant that Oak Ridge received Wednesday will be used to renovate more than 60 homes, officials said.

The HOME Program grant is from the Tennessee Housing Development Agency, or THDA. It’s funded by the U.S. Department of Housing and Urban Development and administered in part by the THDA in Tennessee.

“The HOME dollars will be of good use in making these homes safe, sound, and affordable,” said Ralph M. Perrey, THDA executive director.

The city plans to use the money to renovate 63 owner-occupied, single-family homes in the Manhattan District Overlay zone. Oak Ridge created the zone, which includes so-called “legacy homes,” mostly in the center of the city, to improve the development that is carried out in its oldest neighborhoods, a press release said.

The HOME grant money will allow Oak Ridge to replace electrical wiring systems and wall insulation, and install double-paned windows for the targeted homes, which date back to the World War II era, when the city was involved in the Manhattan Project. The city’s work under the HOME grant will be carried out in conjunction with Make Oak Ridge Energy Efficient, or MORE2, a project that is performing energy retrofits for 229 homes in the designated neighborhoods, the press release said. [Read more…]

Public Notice: City of Oak Ridge Emergency Solutions Grant Subrecipient Application Package

Posted at 6:01 pm April 5, 2016
By Oak Ridge Today Staff Leave a Comment

CITY OF OAK RIDGE

EMERGENCY SOLUTIONS GRANT (ESG)

SUBRECIPIENT APPLICATION

PACKAGE PY2016-FY2017

(JULY 1, 2016 – JUNE 30, 2017)

The City of Oak Ridge’s Emergency Solutions Grant (ESG) funds must be used to accomplish the following Tennessee Housing Development Agency (THDA) and the U.S. Department of Housing and Urban Development (HUD) objectives:

To help improve the quality of emergency shelters for homelessness;
To help meet the costs of operating and maintaining emergency shelters;
To provide essential services so that homeless individuals have access to the assistance they need to improve their situation;
To provide street outreach services to the homeless; and
To provide emergency intervention assistance and rapid re-housing services to prevent homelessness and to obtain permanent housing.

The application seeks to aid interested, public (social) service sub-recipients whose goals align with local priorities and also demonstrate the ability to meet the following requirements as outlined in the grant application. The total amount awarded to any applicant shall not exceed $46,697.24: [Read more…]