Affordable Housing is a top priority for Mayor Indya Kincannon's administration. In Mayor Kincannon's first budget, for 2020-21, she appropriated $7.5 million to support affordable housing in Knoxville, including continuing the City’s investment of $2.5 million in the Affordable Rental Development Fund (ARDF) to support the creation of new affordable and workforce housing.
Affordable housing also includes helping people buy and maintain their existing home. The City of Knoxville does that through the Homemakers Program, Owner-Occupied Home Rehabilitation, and other City programs.
Mayor Kincannon's investment in affordable housing builds on efforts of her predecessor, Mayor Madeline Rogero.
This article from September 2019 provides a comprehensive overview of the City’s investment in affordable housing projects and programs during Mayor Rogero’s term.
Below are affordable housing developments that have received funds from the City’s Affordable Rental Development Fund (ARDF) and / or a combination of local funds and federal HUD (CDBG, HOME) funds:
| COMPLETED PROJECTS |
1ST DISTRICT
Southside Flats
• 2727 Fort Stanley Way
• 172 affordable rental units
• Opened April 2020
• Elmington Capital Group
• $540,000 HOME
• $360,000 ARDF
2ND DISTRICT
Restoration House
• 2205 Village Pl Way
• 30 affordable rental units for single mothers
• Restoration House
• $180,000 ARDF
3RD DISTRICT
Middlebrook Gardens
• 3720 Middlebrook Pike
• 10 units of supportive housing for military veterans
• Opened October 2018
• Helen Ross McNabb
• $300,000 ARDF
The Cottages at Clifton Road
• Clifton Rd. NW
• 53 units for low-income seniors
• Opened November 2019
• KCDC
• $1.2 million ARDF
6TH DISTRICT
Five Points Revitalization
• 2061 Bethel Ave.
• 373 affordable rental units
• Phases 1-3 are complete
• Phase 4 is due to open in 2020
• KCDC
• $13 million
The Village at Holston Court
• Holston Dr.
• 24 units of supportive housing for seniors and people with disabilities
• Opened July 2020
• Homesource East Tennessee
• $100,000 of CDBG
• $325,000 in HOME
• $525,000 in HOME
• $380,000 ARDF
|
| UNDER CONSTRUCTION |
1ST DISTRICT
Young High Flats
• 121 E Young High Pike
• 156 affordable rental units
• Opening November 2020
• Elmington Capital Group
• $1.3 million ARDF
2ND DISTRICT
Flats at Pond Gap
• 817 Hollywood Rd.
• 102 affordable rental units
• Elmington Capital Group
• $555,000 ARDF
Moss Grove Flats
• Moss Grove Blvd.
• 192 affordable rental units
• Elmington Capital Group
• $ info coming soon
4TH DISTRICT
Mineral Springs Apartments
• Mineral Springs Ave.
• 50 units of senior supportive housing
• $ info coming soon
6TH DISTRICT
Burlington Commons
• 4530 Holston Dr.
• 49 affordable rental units
• Varner Development
• $1.47 million ARDF
Austin Homes
• 957 E Hill Ave.
• Approximately 400 affordable rental units
• KCDC
• $4.5 million
|
| PLANNED PROJECTS |
6TH DISTRICT
Western Heights improvements
• 1702 Reed St.
• Planning underway
• KCDC
• $500,000
|