Tennessee THDA Blight Elimination Program
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.
Award Range
Not specified - $25,000
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
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)
Application Opens
Not specified
Application Closes
Not specified
Grantor
Tennessee Housing Development Agency (THDA)
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