RURAL HOUSING AND ECONOMIC DEVELOPMENT FY2000 GRANTS
PROJECT SUMMARY
Tennessee
Creative Compassion, Inc. in Crossville will receive a Rural Housing and Economic Development Grant in the amount of $100,000. This capacity building grant will help triple the organization's capacity to provide affordable housing for homeownership for low income families. The funds will also enhance its long-term capacity to effectively provide comprehensive housing assistance to low income families in Cumberland and Fentress Counties. Leveraging resources total $1,480,952 for this project. Key participants include: Federation of Appalachian Housing Enterprises, Highland Federal Saving & Loan, First National Bank of Cumberlands, Union Planters Bank, and the Housing Assistance Council.
Contact Person: Michael Smathers
Grantee Address: 20 Penny Lane, P. O. Box 4021, Crossville, TN 38557
Telephone Number: (931) 456-6654
The Buffalo Valley, Inc. in Hohenwald, Tennessee will receive a Rural Housing and Economic Development Grant in the amount of $50,000. This capacity building grant will assist in hiring a full-time Housing Coordinator to manage housing units and verify the eligibility of the residents. Key leveraging participants for this project include federal, state, and local government.
Contact Person: Jerry T. Risner
Grantee Address: 501 Park Avenue, South, P. O. Box 879, Hohenwald, TN 38462
Telephone Number: (931) 796-5427
The Community Development Corporation of Northeast Tennessee in Johnson City will receive a Rural Housing and Economic Development Grant in the amount of $498,150. This support for innovative activities grant will initiate a microenterprise program in Johnson County, one of the Appalachian Regional Commission's "distressed counties." As a result of this project, 5 to 10 people will complete business development training, provide loans for business development, and help start or expand local businesses. Leveraging resources total $160, 500 in support of this project. The key partner for this project is the Levi Strauss Foundation.
Contact Person: Robert G. Leger
Grantee Address: 603 Bert Street, Suite 209, Johnson City, Tennessee
The Eastern Eight Community Development Corporation in Johnson City will receive a Rural Housing and Economic Development Grant in the amount of $239,000. This seed support grant will provide funding for the development of accounting systems and the hiring of financial staff for the organization's central office. Leverage resources total $127,340 for this project. Key participants include: East Tennessee State Univerity, Bristol, and Johnson City.
Contact Person: Steven D. Seifried
Grantee Address: 403 Princeton Road, Suite 6, Johnson City, TN 37601
Telephone Number: (423) 282-4145
The Douglas Cherokee Economic Authority in Morristown, Tennessee will receive a Rural Housing and Economic Development Grant in the amount of $459,069. This support for innovative activities grant will result in the creation of the Appalachian Consortium for Economic Development. In addition, 300 manufacturing jobs will be created in eight rural distressed counties in Tennessee and Kentucky. Leveraging resources total $152,440. Key participants include: Knoxville Utilities Board, WSJK-Public TV, Volunteer Housing Corporation, and Grainger County.
Contact Person: Ray McElhancy
Grantee Address: P. O. Box 1218, Morristown, TN 37816-1218
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