DECATURVILLE BRINGS HOME $500,000 GRANT FROM THDA

Funds to Be Used for Repairing Substandard Homes for Families in NeedGrehsam Decaturville

DECATURVILLE, Tenn. (August 25, 2015) – Mayor Gerald Buchanan has secured a $500,000 HOME grant from THDA to repair substandard homes for as many as 12 households of low income in Decaturville.

The HOME program is funded by the U.S. Department of Housing and Urban Development and administered in part in Tennessee by THDA. The $500,000 grant is the maximum amount that can be awarded by THDA to any single organization or government entity.

“All homes need maintenance over time, and Decaturville is doing an exemplary job of identifying families in need and providing them with home repair services they would not otherwise have access to,” said THDA Executive Director Ralph M. Perrey.

“This is the start of a citywide program to enable families living in substandard conditions to apply for financial assistance with much needed home repairs that have often been neglected for years because the family simply didn’t have the money to take action,” said Mayor Buchanan.

The city government has selected Nelson Community Development Group, LLC, of Jackson, Tenn., to administer the program under policies and standards established by the city. Eligible homeowners who apply and are selected for the program must contribute $500 of their own money toward the repair of their homes and choose from a list of qualified contractors. For more information, a public meeting will be held on Monday, August 31, at 6:00 p.m. at Decaturville City Hall.

HOME grants must be used for the production, preservation, or rehabilitation of affordable housing for low and very low income families and individuals.

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Posted in News, Sen. Dolores Gresham
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