HRS Receives Grant Extensions For RedBud Village Project
Highlands Residential Services has received two key grant extensions from the Tennessee Housing Development Agency to keep the RedBud Village development moving. Highlands Residential Services Executive Director Chris Cassetty said they received 12-month extensions for both grants that totaled an estimated $4 million. Though receiving the extensions was crucial, Cassetty said there is still more […]
State: Cookeville Has One Of TN’s Biggest Housing Needs
The Tennessee Housing Development Agency reports Cookeville will need roughly 3,000 additional affordable housing units over the next decade. Highlands Residential Services Executive Director Chris Cassetty said THDA shared that information during a meeting earlier this week. Cassetty said that THDA did not clarify how they came up with that number of units, but he […]
HRS Requesting Extensions On RedBud Village Project
Highlands Residential Services is requesting financial extensions for the RedBud Village Project, a 20-unit development designed to assist those who are homeless. Highlands Residential Services Executive Director Chris Cassetty said HRS has two grants from the Tennessee Housing Development Agency (THDA) totaling an estimated $4 million that are set to expire this year. Cassetty said […]
HRS Board to Lease Oldest Property to Power of Putnam
The Highlands Residential Services Board of Directors will lease one of its oldest properties to Power of Putnam for office space. Executive Director Chris Cassetty said the property was the first corporate office in the 1960s. Cassetty said Highlands has grown, cycling through three office spaces, turning the old office into a communal space. Cassetty […]
HRS Closing Funding Gap On RedBud Village Project
Highlands Residential Services Board of Directors learned that the funding gap on the RedBud Village Development will now be covered by a grant. Highlands Residential Services was left with an estimated $750,000 – $1 million gap after bids for the project came in higher than expected. Highlands Residential Services Executive Director Chris Cassetty said he […]
