The City of Murfreesboro Community Development Department has awarded the Murfreesboro Housing Authority (MHA) $1.1 million in federal grant funding for the Mercury Court Redevelopment Phase I Plan. The funds come from the U.S. Housing and Urban Development (HUD) HOME Investment Partnership Grant Program and are administered by the City’s Community Development Department.
“The purpose of the HOME grant is to fund a wide range of activities including building, buying, and/or rehabilitation of affordable housing for rent or homeownership for low-income families,” said Community Development Department Director Robert Holtz. “The City appreciates the leadership of MHA in redeveloping affordable housing in our community and recognizes the demand for such housing to meet the needs of families.”
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MHA applied for and received the grants in 2023 and 2024. These federal grants will help fund the estimated $15 million Mercury Court Redevelopment Phase I Plan, which aims to provide affordable housing to low-income families. The project will include a total of 34 units, consisting of fourteen 2-bedroom and twenty 3-bedroom units, with completion anticipated for December 2025. The redevelopment is located on Minor Street.
“The affordable housing units will serve families at or below 60 percent of the area median income (AMI) with 9% Low Income Housing Tax Credit (LIHTC),” said Murfreesboro Housing Authority CEO Thomas Rowe. “We appreciate the City’s Community Development Department contribution to this affordable housing project in Murfreesboro.”
In addition to the 2023 and 2024 grant funding, the City of Murfreesboro provided a 25 percent matching fund contribution totaling $240,000 to the initial 2022 HOME grant.
Applications for HOME Investment Partnership and CDBG Public Service Grants are submitted through a competitive application review process that begins at the start of the calendar year. Applications are open to all nonprofits assisting low-to-moderate income families within the City of Murfreesboro. For more information on the Community Development Department and the application process, visit Community Development Department.
In the past, organizations such as Doors of Hope and Habitat for Humanity have also received HOME funds to create and rehabilitate affordable housing.
In April, MHA celebrated the grand opening of Oakland I and II, which comprises 150 newly built affordable housing homes on 20 acres between North Academy and Maney Avenues in Murfreesboro. Managed by MHA, families living in these homes pay 30 percent of their income for rent and utilities.
About the Murfreesboro Housing Authority:
The Murfreesboro Housing Authority is a quasi-governmental corporation that began in 1950 to provide housing for low-income families. Its mission is to provide decent, safe, and sanitary housing in good repair for eligible families in a manner that promotes serviceability, economy, efficiency, and stability of the developments while maximizing the social and economic opportunities of its residents. The MHA is governed by a five-member Board of Directors appointed by the Mayor of Murfreesboro.
For more city news online, visit www.Murfreesborotn.gov.
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