Monday, August 3, 2020

Nashville will give $10 million in rent and mortgage payments to residents in need

The Tennessean - A Metro Nashville committee charged with distributing $121 million in federal funds made rent and mortgage assistance one of its first orders of business. 

The nine-member COVID-19 Financial Oversight Committee approved a $10 million release on Monday for Davidson County residents struggling with housing costs because of the coronavirus pandemic. The money comes from the federal Coronavirus Aid, Relief and Economic Security — or CARES — Act.

Metro Council members will be asked to sign off on the decision Tuesday night. The money could be distributed as soon as next month through United Way of Greater Nashville. (link)

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