(Ripley, Tenn.) – A grant from the Tennessee Housing Development Agency (THDA) will allow the Ripley Housing Authority to build a new home for adults with disabilities.
The $67,400 Tennessee Housing Trust Fund grant was one of six totaling just over $2.1 million that were awarded during the Fall 2019 round of THDA’s competitive grant program.
The funding will be used to construct a three-bedroom, community-based group home for
intellectually or developmentally disabled adults. Ripley Housing Authority will partner with the Helen Tucker Center in Ripley to provide supportive services to residents of the home.
Ripley Housing Authority will combine the grant with an additional $67,400 in matching funds to complete construction.
THDA Executive Director Ralph M. Perrey said the grant funding will allow Ripley Housing Authority to not only provide housing, but much needed assistance, to its residents.
“We are pleased to continue supporting projects like this that make a positive difference in the lives of the people they are designed to help,” Perrey said.
“For nearly 50 years, The Helen R. Tucker Adult Development Center has been an inspiring force in Ripley and all of Lauderdale County. It’s an honor and privilege for Ripley Housing Authority to partner with them to expand affordable housing in our town,” said Ripley Housing Authority Executive Director Justin Jones.
The Tennessee Housing Trust Fund (THTF) was created by the THDA board of directors to
provide financial support for innovative, affordable initiatives that serve the housing needs of Tennessee’s most vulnerable residents.
Funding for the Tennessee Housing Trust Fund comes entirely from earnings generated through THDA’s Single Family Mortgage program. THTF grants are awarded through a competitive
application process. Since 2006 THDA has provided over $73.2 million in THTF grants to local governments and nonprofit organizations across the state.