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Tennessee THDA Blight Elimination Program

$25,000
Closed
Rolling Deadline
Grant Description

The Hardest Hit Fund Blight Elimination Program (BEP) assists with the removal of blighted properties in targeted areas within the state of Tennessee. Removing these properties will help to reduce foreclosures, promote neighborhood stabilization, and maintain property values. BEP is designed as a targeted, first come first served program to lend recaptured HHF funds for the demolition and/or acquisition and demolition of blighted one to four unit residential structures in targeted areas to assist in neighborhood stabilization and in preventing foreclosure by helping to stem decline in home values. To be eligible, entities must submit applications that meet BEP requirements and THDA's goals for blight elimination.

Funding Details

Award Range

Not specified - $25,000

Total Program Funding

Not specified

Number of Awards

Not specified

Matching Requirement

No

Eligibility

Eligible Applicants

Nonprofits

Additional Requirements

Be a non profit under Tennessee law with a 501(c)(3) designation or a land bank organized under Tennessee law, have experience in demolition and building affordable housing, and be in one of the targeted areas. (Shelby, Madison, Montgomery, Hamilton, Anderson, Knox)

Key Dates

Application Opens

Not specified

Application Closes

Not specified

Contact Information

Grantor

Tennessee Housing Development Agency (THDA)

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Categories
Housing