Monday, August 25, 2014

Tennessee Housing Development Agency Recognizes United Housing for High Rankings




United Housing, Inc. received recognition for high state rankings during the 2014 Tennessee Housing Development Agency (THDA) Homebuyer Education Initiative Peer Session. Specifically, the organization was ranked as a top five agency in three categories for its Homebuyer Education impact.

“The proven success and positive economic impact of homebuyer education, combined with this recent recognition from THDA and NeighborWorks, is extremely encouraging,” said Tim Bolding, Executive Director at United Housing. “Our team continuously works to ensure United Housing’s program is successful for our clients.”

Hosted by THDA and NeighborWorks America in Nashville, Tenn., the Homebuyer Education Initiative (HBEI) Peer Session gathers housing industry leaders from across Tennessee together for two days of training. During the event, THDA and NeighborWorks America recognized Tennessee Community Development Corporations (CDC), including United Housing, in various categories for their homebuyer education accomplishments during fiscal year 2014.

Each category included 32-38 CDCs, and United Housing received the following recognition under THDA’s Homebuyer Education Initiative:

·       Fourth in the state: Total Urban Loan Production
o   72 customers served and $5.96 million total loans funded

·       Fourth in the state: Total Loan Production
o   112 customers served and $10.75 million total loans funded

·       Fifth in the state: Total Rural Loan Production
o   40 customers served and $4.8 million total loans funded

About Tennessee Housing Development Agency
As Tennessee’s housing finance agency, the Tennessee Housing Development Agency (THDA) is a self sufficient, independently funded, publicly accountable entity of the State of Tennessee. THDA’s mission is to ensure that every Tennessean has access to safe, sound, affordable housing opportunities. More information about THDA programs can be found online at www.thda.org.

About NeighborWorks® America
For 35 years, NeighborWorks America has created opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $19.5 billion in reinvestment in these communities. For more information, visit www.nw.org.

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