Mayor Briley Celebrates Approval Of Most Recent Barnes Fund Grant Recipients
Thomas Mulgrew, 615-862-6461
Mayor Briley is pleased to announce that on Tuesday, the Metro Housing Trust Fund Commission approved recommendations from the Barnes Application Review Committee for more than $9.8 million in grants to support the development and rehabilitation of 362 affordable housing units.
“The Barnes Fund is one of the most critical tools we have to address affordable housing in our city,” said Mayor Briley. “As Nashville continues to prosper, we must be diligent about making sure every person and family has the ability to live and thrive in our community. These latest Barnes Fund grants will help us create more housing options for those who need it.”
Under the recommendation, funds will be distributed to seven nonprofit organizations to rehabilitate and provide affordable units for seniors, persons with disabilities, low-income families, veterans, homeless youth, new Americans, ex-offenders and those impacted by substance use or domestic violence.
Organizations that will receive funds include: Woodbine Community Organization, Renewal House, Affordable Housing Resources, Habitat for Humanity Greater Nashville, Rebuilding Together Nashville, Urban Housing Solutions, and Crossbridge Inc.
Central to the Barnes Fund’s mission to provide community-wide affordable housing is public-private partnership. To that end, these Metro awards will leverage more than $45 million in outside funds to bolster the city’s affordable housing stock.
Mayor Briley has pledged to continue investing $10 million in the Barnes Fund for Affordable Housing each year and to increase the investment with the implementation of Under One Roof 2029. Since its inception in 2013, the Barnes Fund has distributed more than $27 million to help build more than 1,300 affordable housing units.
More information about the Barnes Fund and the Housing Trust Fund Commission can be found here: https://www.nashville.gov/Mayors-Office/Housing/Barnes-Fund.aspx