Carol M. Peterson Housing Fund Supports Accessibility and Emergency Repairs in Knoxville

FHLB Cincinnati member Home Federal Bank of Tennessee has a long history of working with the Knoxville Leadership Foundation to secure funding from FHLB Cincinnati’s Carol M. Peterson Housing Fund (CMPHF) to support accessibility and emergency repairs for low-income special needs homeowners.

“Since 2010, we have assisted Knoxville Leadership Foundation in obtaining $662,548 in FHLB Cincinnati CMPHF funding for their Operation Backyard Program,” said Brenda Morrill, Home Federal Bank of Tennessee’s Assistant Vice President, Compliance & CRA Officer.

Funds awarded through the CMPHF have helped 160 low-to-moderate income households in the Knoxville community with much-needed ramp additions and roof replacements. One homeowner who benefited from this year’s funding has been in her home for 50 years, and another has lived in the same home all of their life.

“With this particular funding, 9 times out of 10 we are looking at how can we keep someone in a home allowing them to age in place and not feel like they have been displaced,” said Jay Zartman, Senior Director of Knoxville Leadership Foundation’s Operation Backyard.

Before Roof Repairs

After Roof Repairs