First Tennessee Development District: Northeast Tennessee Neighborhood Stabilization Project

Posted on: October 4th, 2012 by Kate Humphrey

NADO’s 2012 Innovation Awards recognized 64 projects from 22 states for their creative approaches to regional community and economic development, including the project described below. Click here for the full list of winners.

The First Tennessee Development District (FTDD) facilitated a partnership with local governments and nonprofit agencies to address some of the issues with vacant, blighted, and foreclosed homes in three counties through the Northeast Tennessee Neighborhood Stabilization Project. Most of the funds, administered through FTDD from the HUD Neighborhood Stabilization Program, were used to rehabilitate housing in the areas of greatest need. The partnership acquired 17 homes that were vacant,
foreclosed and/or blighted. These units were either demolished and rebuilt or totally rehabilitated and are now occupied. Additional blight reduction and demolition projects have created green space (which may be used for future development) and improved the appearance of a downtown area.

Sherry Trent, Director of Housing: [email protected]
Susan Reid, Executive Director: [email protected]
423-928-0224

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