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Knoxville Plans $15 Million Housing Fund for Community Input

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Community members at a meeting about Knoxville's housing initiatives

News Summary

Knoxville is inviting residents to participate in shaping the Five-Year Consolidated Plan that will allocate $15 million in federal funding for housing initiatives. A public meeting is scheduled for January 28, 2025, while an online survey is available for those unable to attend. The funding aims to address affordable housing, homelessness, and economic development, highlighting the city’s commitment to improving community living conditions.

Knoxville Invites Residents to Shape Future with $15 Million Housing Fund

Hey there, Knoxville! The city is gearing up to make some serious moves with its housing initiatives and wants your help! Get ready for the upcoming public meeting on January 28, 2025, at 6 p.m. This event is a fantastic opportunity for you to have your say in shaping the **Five-Year Consolidated Plan**, all while discussing a whopping $15 million in federal funding.

Join the Meeting In-Person or Online

Mark your calendars! If you’re interested in housing issues, come join your neighbors at the Public Works Service Center, located at 3131 Morris Ave. Can’t make it in person? No worries! You’ll be able to join virtually via Zoom. Just be sure to grab the link, which will be available on the city’s website at www.knoxvilletn.gov/consolidatedplan the day before the meeting. It’s super easy to participate, so don’t miss out!

What’s on the Agenda?

This time around, the focus will be on gathering community feedback on draft funding priorities that will guide how Knoxville spends that significant $15 million. The funding, sourced from the U.S. Department of Housing and Urban Development (HUD), is earmarked for amazing initiatives including affordable housing, tackling homelessness, and boosting economic development in our beloved community.

The finalized plan is set to be submitted to HUD by May 15, 2025, but before that happens, the input from you—the residents of Knoxville—is crucial. The city has created a dedicated webpage to keep the conversation going and ensure everyone has a voice in this important process.

Share Your Thoughts Through Surveys

But wait, there’s more! If you want to share your thoughts but can’t make it to the meeting, an online survey has been launched, available in both English and Spanish. Your feedback will play an essential role in shaping the consolidated plan. The survey will remain open until October 31, 2025, giving you plenty of time to chime in.

Understanding the Funding Breakdown

This five-year plan will kick off funding from July 1, 2025, and run through June 30, 2029. Expect to see federal support channeled through various programs such as the Community Development Block Grant, HOME Investment Partnerships, and Emergency Solutions Grant. These funds are crucial for developing sustainable housing solutions.

The Urgency of the Housing Crisis

40% of individuals who lost their homes were unable to find affordable alternatives. This makes the outcome of this consolidated plan all the more significant.

Aiming for Functional Zero Homelessness

Community advocacy groups, like Justice Knox, are pushing for a focus on achieving “functional zero homelessness” in the consolidated plan. This ambitious goal is targeting specific populations to ensure that no one is left without a roof over their head.

City’s Financial Commitment to Housing

In light of these pressing issues, the Knoxville City Council has approved budget allocations for fiscal year 2024-2025, emphasizing housing solutions. Among these allocations is a hefty $8 million designated for new rental options to help ease the burden on families and individuals struggling to find suitable homes.

Let Your Voice Be Heard!

So, Knoxville, let’s come together to make our city a better place. Your insights and feelings about housing and development matter greatly. Whether you choose to attend the meeting or fill out the online survey, your voice is key to paving the way for thriving communities.

Remember, we all have a stake in this. Mark the date, gather your thoughts, and join the conversation on how we can better our beloved city. See you there!

Deeper Dive: News & Info About This Topic

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Additional Resources

Knoxville Plans $15 Million Housing Fund for Community Input

HERE Knoxville
Author: HERE Knoxville

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