Highlands Secures Final Grant For Redbud Village Housing
Some $600,000 in grant funding will help begin construction on Redbud Village, a 20-unit development for those homeless or near homeless. Highlands Residential Services Executive Director Chris Cassetty said the project has been in development for approximately three years while the agency worked to secure multiple funding sources. Cassetty said the recent Tennessee Housing Trust […]
Highlands Residential Magnolia Ridge Awaits Tax Decision
Highlands Residential Services is awaiting a decision on a tax credit application submitted for the Magnolia Ridge housing development. Executive Director Chris Cassetty said the application was submitted to the Tennessee Housing Development Agency at the beginning of April. “We had an update on Magnolia Ridge, but it’s basically just that the tax credit application […]
Cookeville To Consider Property Swap For Rail Trail Extension
The Cookeville City Council will consider a resolution Thursday to acquire property that would be used to further extend the Tennessee Central Rail Trail toward Cane Creek Park. The city would receive an estimated 5.7-acre portion of property from Highlands Residential Services, located on West Jackson Street across from Cane Creek Elementary. Vice Mayor Luke […]
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 Makes System Change To Assist RAD Transition
The Highlands Residential Services office and tenant portal were closed Wednesday as the agency upgraded its system to support the transition of properties to Section Eight housing. Highlands Residential Services has been in a multi-year transition of all its public housing units to Section 8 housing under the Rental Assistance Demonstration program. Highlands Residential Services […]
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 […]
HRS Approves 2026 Budgets, Despite Facing Concerns
The Highlands Residential Services Board of Directors approved its proposed 2026 fiscal year budget Thursday, but with reservations. The budgets included all of the facilities in the housing authority. Highlands Residential Executive Director Chris Cassetty said the 2026 budget is projecting an estimated $210,000 to the good. That would be a $90,000 drop from 2025. […]
