|PARTNERSHIP HELPS SENIORS WITH NEEDED HOME REPAIRS IN NORTHEAST TENNESSEE|
|Older homeowners in Greene, Hawkins and Hancock Counties will soon be eligible to apply for federal grant assistance|
|GATLINBURG, Tenn., Oct 22, 2011
@@Older homeowners in Greene, Hawkins and Hancock Counties will soon be eligible to apply for federal grant assistance to make needed home repairs thanks to a partnership between USDA Rural Development (RD), First Tennessee Development District (FTDD), Greene County, Of One Accord, Inc., and Tennessee Housing Development Agency(THDA).
RD Greeneville Area Director Joe Woody recently joined FTDD Executive Director Susan Reid and regional leaders at the FTDD Annual Meeting in Gatlinburg to announce federal funding for the partnerships.
"Homeownership is an important part of the economy, so helping people keep an older home safe and livable is good investment in the whole community," said Woody." We appreciate working with partners like First Tennessee Development District, Of One Accord and Greene County. They make our investments go a lot further for the people in rural Northeast Tennessee."
Greene County was awarded a grant of $100,000 from RD that will be combined with $375,000 from THDA to fund repairs for about 10 households in Greene County. Of One Accord, Inc. was awarded a grant of $100,000 from RD that will be combined with $100,000 from the THDA Emergency Repair Program Grant program and $100,000 in volunteer labor to provide needed repairs to about 10 households in the Hancock and Hawkins county areas.
Repairs and improvements funded through one of these two programs may range from things like roofing, siding or window replacement to heating and air, and accessibility improvements. For more information on how to apply for home repair assistance in any of these counties contact Sherry Trent at the First Tennessee Development District at 423-722-5101.
Others participating in the event included Greene County Mayor Alan Broyles, Hancock County Mayor Thomas Harrison, Hawkins County Mayor Melville Bailey, FTDD Housing Programs Manager Sherry Trent, Of One Accord's Rev. Sheldon Livesay.
Homeowners needing to alleviate unsafe conditions, make repairs, or add required space may also be eligible for a very low-interest RD home-repair loan. The interest rate on these loans is fixed at one-percent and payments may be spread over as much as 20 years to keep the monthly payments affordable for those on a fixed income.
USDA Rural Development invests in jobs, infrastructure, homeownership and affordable rental housing in rural communities. During the last two years the agency assisted more than 1.5 million Tennessee families and businesses, investing more than $1.3 billion through affordable loans, loan guarantees and grants.
For more information on Rural Development programs available in Northeast Tennessee contact the Rural Development Area Office in Greeneville at 423-638-4771 ext. 4, toll free at 800-342-3149 ext. 1490, or online at www.rurdev.usda.gov/tn.
1400 Independence Avenue, S.W., Washington, D.C. 20250-9410, or call (800) 795-3272 TDD (615) 783-1397