Few things have a greater impact on quality of life for individuals and families than the home and the communities we live in. The East Tennessee Housing Development Corporation knows both are important to our home buyers.
Affordable housing is an important piece of the puzzle of pressing challenges that affect low income neighborhoods. Research is now documenting that stable, affordable housing is linked with the following:
- Improving educational outcomes for our children
- Improving health outcomes for children and families
- Improving standards of living for working families
- Reducing energy usage and improving the environment.
ETHDC is committed to helping neighborhoods become healthy and sustainable places to live, work, and raise a family. We encourage neighborhood revitalization efforts and promote greater community engagement opportunities in the neighborhoods where we develop where possible.
ETHDC builds new homes as well as purchasing and rehabilitating existing homes throughout Knoxville and Knox County that can be made affordable for our qualified home buyers.
Our Mentoring for Homeownership program equips potential home buyers to increase credit scores, save for a down payment, reduce debt, and improve their overall financial capability. We also educate on the home buying process and the responsibilities of homeownership. Due to our generous funders, we currently offer these services at no cost to families.
ETHDC pays special attention to reaching out to harder to reach populations: very low income families and individuals, people with a disability, seniors, minorities and immigrants. We have been privileged to serve veterans from our armed services, as well as formerly homeless veterans.
Our hope is that our efforts in housing, our active participation in community revitalization, our programs which help facilitate civic engagement of neighborhood residents, and the attention given to individual families will continue to foster the development of new housing opportunities, attract new families to the neighborhoods, and bring about the kinds of healthy improvements to community and family life desired by all residents of our region.