The 234 Apartment

NASHVILLE – Officially known as the Low- Income Housing Tax Credit Program administered by the Tennessee Housing Development Agency , an initiative that could have brought up to three housing developments to Sevier County resulted in none of the three proposals being selected for awards of tax credits. Had any of the three proposals been approved, the development would have represented the first time since 2012 that a multifamily housing development in Sevier County received state allocations in the form of tax credits from the agency. Proposals for tax credits were made in February by private developers across Tennessee for either the construction of new units or the rehabilitation of existing units. On Tuesday, THDA released the results of its ranking system for projects proposed across the state. Michael Blade, THDA's director and assistant legal counsel for multifamily development , verified that none of the three projects proposed for Sevier County made the cut. "N...

click to enlarge Crews on site at 2447 Cass, which housing preservationists say is slated for demolition. Historic preservationists are keeping a watchful eye on three brick multi- level buildings that stand in the shadow of the Little Caesars Arena after getting word last week that the Ilitch family- owned Olympia Development had planned to demolish them without permission. The company’s contractors had previously obtained demolition permits for the more than hundred-year-old buildings, but according to the city's buildings department, the permits are frozen as the city studies whether the buildings are eligible for historic designation. Alarm bells first went off Tuesday when workers in neon shirts and hard hats showed up outside the more than hundred-year-old buildings at Cass Avenue and Henry Street, near Woodward and I-75. With them was a truck printed with the Homrich logo— a company known for its work in demolition and remediation. The activity sparked swif...

federal loans withdrew from Georgia’s public colleges and universities between 2013 and 2015. Photo by bearsky23/via Adobe" width="689" height="402" class="size-large wp-image-225431" /> More than 108,000 students who had taken out federal loans withdrew from Georgia’s public colleges and universities between 2013 and 2015. Photo by bearsky23/via Adobe ATLANTA – Alduha Leon and Jared Sanders, roommates at Savannah State University , dined on hot dogs in their apartment on Thanksgiving Day of their sophomore year. They had decided to skip feasting with family in Atlanta to pick up extra hours at their airport jobs loading luggage onto planes. Payday wasn’t until Friday, though, and Leon only had $5 left on his food stamps card . During the three years they spent at Savannah State , Sanders and Leon struggled to pay their tuition, fees and living expenses. They accumulated more than $50,000 in loans between the two of them, despite working up t...