Building Affordable Single Family Homes

The Clinch-Powell Home Team is committed to increasing the number of affordable homes available to low-to-moderate income residents in our area. We are addressing this need by developing permanent single family homes. To date, we have developed 20 homes and have several in progress. If you think you would like a custom-built home, please call us at 865-828-5927.

Five New Persia Woods Homes We have five more homes completed in Persia, bringing the total number up to 13, and we have plans to build more. These homes are available to anyone, and certain qualifed buyers can receive up to $15,000 in downpayment assistance to qualify. Call us today at (865) 828-5927. Even if you believe that this is out of your price range, our homebuyer counselors can help you find programs available to low income homebuyers.

Affordable Loan Products

The biggest part of buying a home is the financing, and Clinch-Powell RC&D can help. We work with USDA Rural housing Services to help low and moderate income families apply for low-interest loans. We work with local banks to help moderate income families apply for THDA low-interest loan products. Interest rates on these loans range from 5.5% to as low a 0%. Please contact us regarding the best financing options for you.

Rehabilitated FHA homes

Some homebuyer will not qualify for enough to buy a home on the market. Clinch-Powell RC&D can help by offering HUD Foreclosed home to individuals at a reduced price. These are homes that have been completely rehabiliated and are avialble to families who make up to 115% area median income.

Renovation of current homes- The Housing Preservation Program.

Many of the homes in our area are dilapitated and require serious work to repair problems that may be seen as a health hazard. The Clinch-Powell Home Team can help with low-interest renovation loans through a Housing and Preservation Grant from USDA Rural Housing Services and a Rural Housing and Economic Development Grant from HUD. The RC&D will be offering a mix of forgivable and low-interest loans to eligible homeowners in Enterprise Community area. If you know someone that might qualify, please ask them to contact the RC&D office at 800-814-6355 or at cprcd@clinchpowell.net.

Even if you do not live in Hancock County, there are still programs available to you for renovation. USDA has a low-interest renovation program that serves all rural areas. Contact the RC&D for more information.

Clinch-Powell RC&D is a Fair Housing / Equal Opportunity Organization

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“All programs and assistance of the RC&D Council are available without regard to race, color, national origin, gender, religion, age, disability, political beliefs, sexual orientation, and marital or family status. Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact the USDA’s TARGET Center at (202) 720-2600 (voice and TDD).”