Metro Nashville Housing Division
Nashville, Tennessee

Metro Nashville's Council approved $6.5 Million in American Rescue Plan Act funding towards the development of new rental properties specifically for older adults (ages 62+) earning 60% of the Area Median Income or below. The program is being administered through The Barnes Fund, Nashville's local housing trust fund.

Funding Source
Special one-time federal funding
Funding Year
2022-2023
Program Status
Active
Total Funding
$6,500,000
Treasury State and Local Fiscal Recovery Funds (SLFRF) Funding
$6,500,000
Contact
Kaycee Ensign Metro Nashville's Housing Division [email protected] 615-862-7196
How Provided?
Development grants
Data Collected by Program
Income; Age
Program Type
Capital resources
Income Eligibility Threshold
60% AMI or less
Duration
Affordability period is 30 years
Info Source
Program administrator survey response
Last Updated
3/30/23 14:59
Other Eligibility Requirements

Elderly

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Age

Priority Populations

Elderly