The final decision allocates $7,551,528.78 of American Rescue Plan Act (ARPA) funds from the Barnes Fund for Affordable Housing to I am NEXT, Inc. for the development of 80 affordable housing units, including 60 permanent supportive housing units, through the conversion of a motel at 1210 Murfreesboro Pike. This project was approved as part of a nonprofit housing development grant program, with funds appropriated for projects targeting deeply affordable housing solutions to serve Nashville residents in need.
This decision supports expanding the availability of affordable housing in Nashville by funding projects that address critical housing needs. The initiative will create 80 units of affordable and supportive housing, benefiting vulnerable residents and promoting housing stability.