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Reaching the Dream -- Nashville

Quote: Homeownership offers children a stable living environment that influences their personal development in many positive ways. -- from HUD's 5 Steps to Becoming a HUD-Approved Housing Counseling Agency City leaders in Nashville have committed to expanding Nashville's affordable housing efforts by creating a mortgage pool for multifamily rental developments and offering incentives to developers to increase the number of affordable homes. During the last 3 years, more than 11,000 affordable housing units have been created in Nashville, and the city is now ready to move forward to meet the goal of making available safe, decent, and affordable housing for all of its residents.

To that end, the Mayor's Office of Affordable Housing is aggressively pursuing leveraging local funds with Federal, State, and private funds to meet the capital needs of the affordable housing industry. In order to implement a truly comprehensive housing strategy, funds must be available for all the currently programmed categories of activities, which include capital financing for the acquisition, rehabilitation, construction, and preservation of affordable housing; financial assistance to first-time home buyers; and predevelopment costs and tax abatement associated with affordable housing development by nonprofit development corporations.

With this in mind, the HUD Center for Faith-Based and Community Initiatives (CFBCI) has chosen Nashville for the "Reaching the Dream" initiative. The following information provides a look at some of Nashville's neighborhoods undergoing revitalization, as well as an overview of the city of Nashville's demographics.


Nashville is a very diverse city, with 52 different neighborhoods within the Nashville Metro Area. The following neighborhoods are undergoing significant revitalization:

  • East Nashville-The Metropolitan Development and Housing Agency (MDHA) was awarded a $20 million Federal grant to revitalize East Nashville's Sam Levy public housing development. The HOPE VI grant, awarded by the U.S. Department of Housing and Urban Development, will match $12 million raised from local government, MDHA, and other sources. Redevelopment plans include renovating 480 units and building 226 new homes, which would decrease the area's density and blend the homes with the surrounding neighborhood.
  • Creekside-Affordable Housing Resources Inc. is building 2 new affordable housing subdivisions that will result in 82 single-family homes and 20 town homes. Creekside, near Buena Vista Drive and Whites Creek, will house 37 single-family homes that are 1,250-1,700 square feet in size. Meanwhile, Lanier Park in Madison will house 45 single-family homes and 20 town homes.

Summary of Statistics

The city of Nashville has a population of 545,524. Between the years of 1990 and 2000, Nashville saw a population growth of 12 percent.

The racial composition of the residents of Nashville is:

Caucasian-66 percent
African American-27 percent
Asian American-2.5 percent
Hispanic or Latino-5 percent

Fifty-five percent of residents own the housing quarters they occupy, while the other 45 percent are renter occupants. The 2000 median value of all owner-occupied housing is $112,925.

Based on the 2000 census, the median household income in Nashville is $39,596 per year. Approximately 16 percent of households operate on an estimated yearly income of less than $15,000. The unemployment rate is 4 percent.

HUD's Regional Faith-Based Liaison
William H. Dirl
Nashville Field Office
235 Cumberland Bend Drive
Suite 200
Nashville, TN 37228-1803
Tel: (615) 736-7000, ext 2430
Fax: (615) 736-7848

HUD's Regional Director
Brian E. Noyes
Dept. of Housing and Urban Development
Five Points Plaza Building
40 Marietta Street
Atlanta, GA 30303
Tel: (404) 331-5136
Fax: (404) 730-2392

Content Archived: June 23, 2010

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