The city recently announced funding opportunities to incentivize the development of affordable housing. | Photo by Michael Tuszynski via Pexels

In the same day that news broke about the Chattanooga area having the 28th most overvalued housing market in the nation, the City of Chattanooga announced funding to incentivize the development of affordable housing.

The fast facts:

What | Nearly $3 million in federal funds available for the development and renovation of affordable housing units
Who | For developers, landlords, and nonprofit organizations
When | Funds available beginning in July
Where | All units must be located within Chattanooga city limits
Why | “We’re working hard to increase Chattanooga’s affordable housing supply in every neighborhood, and a huge part of that is making the market more attractive for builders and landlords to develop and rent affordable units.” — Mayor Tim Kelly

The details:

Funding will be available through three local programs funded by the US Department of Housing and Urban Development — the Rapid Rental Repair Program, Landlord Renovation Program, and HOME Investment Partnership.

Both the Rapid Rental Repair Program + Landlord Renovation Program will provide Community Development Block Grants. These funds are geared towards landlords to assist with the costs of repairing and renovating vacant rental units.

After using the funds for renovations, landlords are required to re-rent the units to individuals + families making no more than 60% of Chattanooga’s area median income, at a cost that does not exceed 30% of their monthly income. Applications for CDBG grants are due Tuesday, Feb. 28.

The HOME Investment Partnership provides funding to developers to support up to 50% of construction costs for affordable units, at a maximum of $40,000 per unit. Applications for HOME-funded projects will be available year-round.

Learn more

The City is hosting a workshop to discuss these opportunities with interested parties today, Feb. 2, from 2-4 p.m. at the Development Resource Center.

EVENTS

Click here to have your event featured.

Today, Feb. 2

“Pride & Prejudice” | Thursday, Feb. 2-Sunday, Feb. 12 | Times vary | Chattanooga Theatre Centre, 400 River St., Chattanooga | $20-$25 | This adaptation of Jane Austen’s classic novel is appropriate for all ages to enjoy.

Friday, Feb. 3

“My Fair Lady” (Touring) | Friday, Feb. 3-Saturday, Feb. 4 | Times vary | Memorial Auditorium, 399 McCallie Ave., Chattanooga | $40-$85 | Watch this 1950s musical about a snobby phonetician who decides to turn a Cockney flower-seller into a “fair lady.”
OLIVIA RECKERT: LIFE IN COLOR | Friday, Feb. 3 | 6-8 p.m. | Clear Story Arts, 1673 S. Holtzclaw Ave., Chattanooga | Free | Olivia’s solo show will feature a range of traditional and unique mediums + work created on recycled and sustainable surfaces.
Carpetbaggers Comedy Show | Friday, Feb. 3 | 9 p.m. | Bode Chattanooga, 730 Chestnut St., Chattanooga | $12 | Enjoy a pre-show happy hour and a magic show at 8 p.m. before listening to local, regional, and national comics.

Saturday, Feb. 4

Sweetheart Market | Saturday, Feb. 4 | 10 a.m.-4 p.m. | Mountain Arts Community Center, 809 Kentucky Ave., Signal Mountain | Free+ | Stop by this sweetheart market for local goods, specialty wine and champagne cocktails, live music, and more.
Immersion Gallery Event | Saturday, Feb. 4 | 5-8 p.m. | Immersion Gallery, 231 Broad St., Chattanooga | $40 | Come out for an immersive art experience featuring food + wine, live music, readings, art demos, and more.

We have a calendar filled with events and activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.

100+ MORE EVENTS

NEWS NOTES

Weather

46º | Rain | 90% chance of rain 🌧️

Closed

Yesterday, Cart & Seoul announced that it has shut down operations. The local restaurant is currently selling its food truck and equipment.

Community

On Monday, Feb. 13, the Soddy-Daisy Community Library + partners will begin the 2023 Mythical Bookmark Art Contest. The contest is open to anyone residing in Hamilton County, and first place entries will be printed as bookmarks. (The Pulse)

Active

The 11th annual Chattanooga Rump Run to raise funds for colon cancer awareness and prevention will take place on March 25 this year. The run will take place at Enterprise South Nature Park at 9 a.m. — learn more and sign up. 🏃

Cause

The Tennessee Department of Intellectual and Developmental Disabilities announced that it is teaming up with UTC and Chattanooga State to discuss serving Tennesseans with intellectual + developmental disabilities through higher education programs and careers in early intervention.

Pet

Tickets to McKamey’s 2023 MAC Gala: Caturday Night Fever are on sale now. Tickets start at $125 for general admission and include include complimentary valet parking, access to the Snuggle Lounge, silent auction, dinner, and more. 🐕

Plan Ahead

On March 9, Partnership for Families, Children and Adults will host author and retired special victim’s detective Kevin McNeil at RISE 2023. Event proceeds will benefit Partnership’s community programs and services — purchase tickets online.

Asked

Is your business or organization hosting an event during February for Black History Month? Send details our way for an opportunity to be featured in an upcoming newsletter. In the meantime, check out the Bessie Smith Cultural Center’s daily Black History month posts. ❤️

Network

Job hunting? TVFCU is hosting a job fair on Feb. 8 from 9 a.m. -1 p.m. at The BX (4011 Austin St.) for entry + high-level positions (think: personal teller positions, branch manager, senior programmer analyst, part-time marketing specialist, and more.) Employees receive 100% employer-paid medical insurance, 401k matching and other great perks.*

Traffic

What we’re buying for our cars: Dash cams. The REDTIGER Dual Dash Camera captures both the front and rear of your car and can be a lifesaver when it comes to contesting traffic violations and recording evidence of collisions. Plus, it connects to your mobile device. 🚦*

Correction

We mistakenly shared that Throwback Thursday event attendees would receive $5 general admission to the “Memories & Inspiration” exhibit at the Hunter Museum. The current exhibits are actually “Beauford Delaney’s Metamorphosis into Freedom” + “Really Free: The Radical Art of Nellie May Rowe.”

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EVENTS

What’s up next with Immersion Gallery?

Get lost in the art, music, books, videos, and other aspects of the rooms as you move through the show. | Photo by NOOGAtoday

Back in December, we shared news about the opening of Immersion Gallery, a new art venue concept in downtown Chattanooga. Immersion Galley showcases art from local + regional talent through an immersive experience, with interconnected, ever-changing rooms.

If you weren’t able to attend the opening event in December, or want to see the concept again (note that the rooms have been rearranged + new art has been introduced to the space), you can grab tickets to Immersion Gallery’s next event on Saturday, Feb. 4.

Open the cabinets and drawers in the “Wunderkammer” room, touch the 3D art in the “Blue Ruin,” listen to the sounds of nature in the “Plant Based” exhibit, and more while you explore the venue. The event will also feature food, wine, live music, reading from local poets + authors, and live art demos.

Tickets to the event are available online + doors open at 5 p.m. — this event is for those 21+.

Feel like you read this same thing in yesterday’s newsletter? Don’t worry, you’re not in a time loop — Happy Groundhog Day. 😉

THE WRAP

Today’s issue was written by Brianna.

Editor’s pick: Kristen and I are so excited to celebrate local businesses and check out Volume 10 of The Scout Guide Chattanooga this Friday during the launch party. Here’s hoping our thrift store guide helps us find great outfits.

Missed yesterday’s newsletter? Sip your sign with these cocktails.

Connect with us.

Editorial: Brianna Williams, Kristen Templeton, Josh Kranzberg, Emily Shea, Jessalin Heins-Nagamoto, Dayten Rose, Sarah Leonhardt, Katie Smith | Send us a scoop, question, or feedback.

Sales: Sarah Edwards | Advertise with us.

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