Post by CMF Newsman on Jan 27, 2012 8:19:07 GMT -5
A partnership between the city and Chattanooga Neighborhood Enterprise (CNE) will make $1,000,000 in loans available to assist Chattanooga area homeowners with home improvements or repairs.
The announcement was made Thursday at City hall, where city and CNE officials introduced the "re:NOVATE" program, which has been funded by Federal Community Development Block Grants.
"re:NOVATE is extremely exciting because we have an opportunity to help so many people. There are many homeowners in Chattanooga who are working hard, but need an extra hand in affording their necessary home improvements," said Chattanooga Mayor Ron Littlefield. "CNE can help lower-income residents make the home repairs they need at a below market rate."
Through the campaign, CNE will provide affordable financing, construction expertise and contractor connections to provide homeowners the ability to make home repairs or improvements.
www.wrcbtv.com/story/16609569/chattanooga-cne-make-available-1-million-in-home-repair-loans
The announcement was made Thursday at City hall, where city and CNE officials introduced the "re:NOVATE" program, which has been funded by Federal Community Development Block Grants.
"re:NOVATE is extremely exciting because we have an opportunity to help so many people. There are many homeowners in Chattanooga who are working hard, but need an extra hand in affording their necessary home improvements," said Chattanooga Mayor Ron Littlefield. "CNE can help lower-income residents make the home repairs they need at a below market rate."
Through the campaign, CNE will provide affordable financing, construction expertise and contractor connections to provide homeowners the ability to make home repairs or improvements.
www.wrcbtv.com/story/16609569/chattanooga-cne-make-available-1-million-in-home-repair-loans