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Extension of Grant Contract for 26 Affordable Housing Units with Habitat for Humanity of Greater Nashville

  • When: 2025/03/18
  • Address: Citywide, Nashville, TN
  • City: Nashville
  • State: TN
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development
  • Asset Class: Multifamily
  • Size (Units): 26 Units
  • Size (Dollars): $2,990,007
  • Planning Department: True

This resolution approves the second amendment to a grant contract between the Metropolitan Government of Nashville and Davidson County, acting by and through the Metropolitan Housing Trust Fund Commission, and Habitat for Humanity of Greater Nashville. The original grant, approved by Resolution No. RS2022-1443, provided $2,990,007 for the addition of 26 affordable units for homeownership. The first amendment, approved by Resolution No. RS2024-334, extended the contract term from 24 months to 36 months. This second amendment further extends the term of the contract from 36 months to 48 months to facilitate the completion of the affordable housing project.

Source

Ownership - The Metropolitan Government of Nashville and Davidson County