The Housing Resiliency Fund

 

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Potential Families Served

Initial Donation

What does this program do?

The program is designed to protect Nashville existing homeowners who may be at risk of losing their homes due to an increase in property taxes residing in seven (7) zip codes. 

Qualifications

Geographical Areas

The Housing Resiliency Fund, generously supported by Amazon, strives to impact Nashville residents who live in the following seven (7)  zip codes.

  • 37013
  • 37206
  • 37207
  • 37208
  • 37211
  • 37216
  • 37218

Occupancy

One important qualification for The Housing Resiliency Fund is that you must have lived in your home before January 1, 2020. This opportunity is only open to home owners. Unfortunately if you rent a home you do not qualify.

Income Requirements

In order to qualify for The Housing Resiliency Fund, you must have an annual household income below 120% of the area median income (AMI) to participate. Please reference the 2020 Income & Households Eligibility table below to see if you qualify.

 

Max % AMI

2020 Income & Households

1 person

2 people

3 people

4 people

5 people

6 people

7 people

8 people

80%

$46,100

$52,700

$59,300

$65,850

$71,150

$76,400

$81,700

$86,950

100%

$57,650

$65,900

$74,150

$82,350

$88,950

$95,500

$102,150

$122,550

120%

$69,150

$79,050

$88,950

$98,800

$106,750

$114,600

$122,550

$130,450

FAQs

Q: Who is the primary source of funding for The Housing Resiliency Fund?

 A: The Housing Fund received initial funding in the form of a private donation from Amazon. This donation will be used to fund the program and leveraged to attract additional sources from philanthropic organizations. 

Q. What is the program designed to do?

A: The program is designed to protect existing homeowners who may be at risk of losing their home due to an increase in property taxes residing in the following seven (7) zip codes: 37013, 37206, 37207, 37208, 37211, 37216, and 37218.

Q: How will existing homeowners receive the fund

A: All property tax relief payments will be made directly to the Metro Tax Assessor’s Office or to mortgage-holder’s escrow account.

Q: How long will the program last?

A: The program is currently designed to provide support up to five (5) years for qualified homeowners or the availability of funding.  However, the feasibility of the program will be assessed on an annual basis. 

Q: How are homeowners being informed of this program?

A: The Housing Fund will include notification of the availability of funding to existing clients through mortgage statements and launch a community outreach program to inform as many homeowners as possible. 

Planned outreach activities will include: direct mailings, public information by partnering with other community organizations, resource centers and service providers, such as the United Way of Greater Nashville, the McGruder Center, Metro Housing and Development Authority, and Habitat for Humanity of Greater Nashville, to help disseminate information.

Q. Who do I contact?

For any questions please email [email protected].

Application Instructions and Video

Applications Open Now!

Get In Touch

Contact Us:

Mailing address: PO Box 281345

Physical location:
50 Vantage Way, Suite 201
Nashville, TN 37228

(615) 780-7000