THDA awards Renewal House grant for transitional housing

THDA awards Renewal House grant for transitional housing

Posted on Oct 19, 2020

THDA awards Renewal House grant for transitional housing

October 2020 – A grant from the Tennessee Housing Development Agency (THDA) will allow the Renewal House to double the amount of families it can serve.

The $500,000 Tennessee Housing Trust Fund grant was one of six totaling just over $2.4 million that were awarded during the Spring 2020 round of THDA’s competitive grant program.

THDA Executive Director Ralph M. Perrey said the grant funding will allow the Renewal House to make even more of an impact in Central Tennessee.

“We are pleased to continue supporting projects like this that make a positive difference and help improve the overall quality of life for the people that live there,” Perrey said.

Renewal House CEO Pamela Sessions said the grant will allow for the construction of a three-story, 34-unit apartment complex to house women with families going through their program.

Sessions said the plan is to break ground by the end of 2020.

We are really excited to have these funds, because it allows us to provide more women with an opportunity to change their lives for years to come,” Sessions said. “We’re grateful to have a partner like THDA who’s willing to help us push our mission forward.”

Sessions said the new property will allow Renewal House to serve up to 100 families with transitional housing, up from the 50 families helped on average every year.

Founded in 1996, Renewal House strives to keep families together while mothers go through addiction treatment, specialized long-term addiction treatment, intense outpatient services and transition housing.

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 $89.6 million in THTF grants to local governments and nonprofit organizations across the state.