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First Amendment Approved for Affordable Housing Grant Contract with Woodbine Community Organization for 232 Homes in Nashville

  • When: 2025/08/19
  • Address: 0 Curtis, Nashville, TN
  • Address: 3720 Clarksville Pike, Nashville, TN
  • City: Nashville
  • State: TN
  • Category: Affordable Housing
  • Subcategory: Affordable Housing Development
  • Asset Class: Multifamily
  • Property Type: Affordable Housing
  • Size (Units): 232 Units
  • Size (Dollars): $3,800,000
  • Planning Department: True

This resolution approves the first amendment to a grant contract between the Metropolitan Government of Nashville and Davidson County, acting through the Metropolitan Housing Trust Fund Commission, and Woodbine Community Organization, Inc. The original grant contract, Resolution No. RS2024-709, allocated $3,800,000 for the construction of 232 Barnes Fund homes at 0 Curtis and 3720 Clarksville Pike. The amendment primarily updates the grant draw schedule, which outlines the percentage of funds released at various construction milestones. The new schedule allows draws upon receipt of building permits (12.5%), documentation of predevelopment costs (22%), completion of footing, framing, and foundation (20%), rough-in inspection and roofing completion (20%), installation of interior finishes (13%), and receipt of a final use and occupancy letter (12.5%). All draw requests require documentation, and requests for later stages need third-party inspection.

Source

Applicant - Woodbine Community Organization, Inc.


Tony Woodham

Ownership - Woodbine Community Organization, Inc.


Tony Woodham

Developer - Woodbine Community Organization, Inc.


Tony Woodham

City Representative - Catherine Middlebrooks