Affordable Rents in Town

Affordable Rents in Town

https://tntribune.com/investigative-stories/gentrification-in-north-nashville/

 

 

2129 A&B 14th Ave N

2129 A & B 14th Ave. N. - serves low income families

2129 A & B 14th Ave N are a CHDO (Community Housing Development Organization), THDA Housing Trust Fund, and Barnes Affordable Housing Fund new construction affordable housing project. These units are being constructed with HOME and Housing Trust Fund dollars.

The vacant lot was acquired in 2014 and construction began on April 24th. The units are set-aside to serve a family at 60% or below the average median income and families with disabilities.

The units are 4 bedroom, 2 full baths, with cement fiber board exterior; all Energy Start rated appliances, windows and HVAC.  These units are being built to accommodate either a physically handicapped tenant or visitor with ramp access, grab bars (toilet & shower), and wheelchair access in kitchen, bedroom, and bath. The units are also suitable for elderly individuals with master suite on first floor.

This affordable housing project is completed. This project is serving very low income families with disabilities at 50% of AMI. Special thanks to our funding partners THDA Housing Trust Fund, MDHA HOME program, and Barnes Fund for Affordable Housing.

 

 

 

 

 

Simmons Bank’s Blog Showcases Be A Helping Hand

Be A Helping Hand has a long-standing commitment to housing in Nashville.

Simmons Bank’s new blog site, “Beyond The Bank,” goes to great lengths to show appreciation to the customers they serve.

Be A Helping Hand was recently highlighted and the executive director, Mark Wright, shares background and tender moments instrumental in the nonprofit’s success, as well as events that led to making a difference in affordable housing.

 

Mayor Barry Ribbon Cutting Ceremony

Providing high quality affordable homes in Nashville helps to create stronger families and a more vibrant community.

Be a Helping Hand has recently given six families new homes to raise their families, and in the process provided job opportunities for local workers.

BHH leveraged $262,942 from the Barnes Fund, $276,536.42 from MDHA through the HOME Investment Partnerships Program, and $405,511 from Tennessee Housing Development Agency to construct the homes. The completed project consists of three townhomes units, both with two four-bedroom homes, providing a total of six homes with a monthly rent of $670 for low-income families that earn 50% of AMI or below with disabilities.

The homes were constructed to be energy efficient with Energy Star rated doors, windows, insulation, HVAC and appliances, with rain garden. The properties are also in compliance with Visibility and Universal Design standards to be wheelchair and handicapped accessible.

The Woods at Monticello